2025"上证杯"全国高校ETF大赛赛后合影 五载深耕投教铸标杆 九万学子竞逐创纪录 2025"上证杯"全国高校ETF大赛圆满收官 ◎记者 王墨璞嘉 11月14日至15日，2025"上证杯"全国高校ETF知识及理财规划大赛（简称"2025'上证杯'全国高校ETF大 赛"）总决赛暨颁奖仪式在上海举行。来自上海证券交易所、上海证券报社、中证指数有限公司、十余 家金融机构和十二支参赛队伍的百余位嘉宾与学子汇聚一堂，共同见证这场资本市场投教盛事。 作为上海证券交易所与上海证券报社共同主办的行业标杆投教赛事，五年来，"上证杯"规模实现从区域 到全国的跨越式拓展，本届赛事吸引了3000余所高校、9万余名学子竞逐，创参赛规模新纪录。 五载深耕投教 见证ETF规模跨越式增长 "'上证杯'已连续举办五年，而这五年正是本土ETF市场发展最为迅猛的时期。"上海证券交易所党委委 员、副总经理苑多然在颁奖仪式现场表示。 数据显示，2020年10月，历经16年培育的中国ETF市场，管理规模突破万亿元大关；此后便进入快速增 长通道，规模连续迈过2万亿元、3万亿元、4万亿元台阶，2025年8月一举突破5万亿元，实现跨越式增 长。 苑多然表示 ...

2025"上证杯"全国高校 ETF大赛圆满收官 （上接1版） 本届"上证杯"参赛选手也是满载而归。除荣誉证书与全国性赛事经验外，主办方还精心筹备了奖金、专 属实习机会、基金公司与上海证券交易所参访机会、同花顺软件礼包等福利，为选手的未来职业发展提 供有力支撑。 赛事规模再破纪录 9万学子竞逐ETF大赛 总决赛角逐激烈 参赛选手满载而归 在总决赛的理财规划方案答辩环节，12支参赛战队依次陈述其理财规划方案构建逻辑和组合策略。由上 海证券交易所、上海证券报社、中证指数有限公司以及多家基金公司、证券公司组建的专家评审团，根 据战队现场答辩和组合运行表现情况进行打分和提问，并给出指导意见。 在金融知识竞答环节，各战队参赛选手全神贯注、沉着应对，紧盯屏幕上的题目，快速思索后果断按下 答题器，围绕ETF核心概念、交易规则、市场应用等多维度知识点展开白热化较量。 经过激烈角逐，由半决赛资产配置组合量化评分（20%）、总决赛现场理财规划方案答辩评分（40%） 和现场金融知识竞答得分（40%）计算得出的综合成绩最终"出炉"。股往金来队凭借卓越表现一举夺 魁，将全国特等奖收入囊中。 其余11支战队同样"战绩满满"：西北大学-开源 ...

Core Viewpoint - The number of active equity fund managers managing over 10 billion yuan has rebounded to 109, marking a nearly one-third increase from the previous quarter, indicating a significant expansion in the industry [4][5]. Group 1: Fund Manager Expansion - As of the end of Q3, there are over 1,720 active equity fund managers, with 109 managing over 10 billion yuan, a substantial increase from the previous quarter [5]. - New fund managers, such as Ren Jie from Yongying Fund, have seen rapid growth, with his fund returning 198.11% year-to-date, leading to a surge in managed assets from 0.26 million yuan to 12.878 billion yuan [6]. - Established managers like Zhang Kun from E Fund and Xie Zhiyu from Xingzheng Global Fund have also regained significant asset management sizes, with Zhang managing 56.544 billion yuan, and both Xie and Ge Lan returning to the 40 billion yuan tier [6][8]. Group 2: Investor Sentiment and Redemption Trends - Despite the recovery in fund sizes, investor sentiment remains cautious, with a notable trend of "profit-taking" leading to net redemptions of over 33 billion units from top fund managers' products [7]. - Many fund managers are experiencing growth due to association with larger, well-performing funds, as seen with Zhao Lei from China Europe Fund, who entered the 10 billion yuan club after being appointed to manage a successful fund [7]. Group 3: Industry Dynamics and Future Outlook - The current landscape shows a shift from the "star-making" era to a focus on platform-based strategies, with a recognition of the challenges posed by large asset sizes [10][12]. - The industry is moving away from the "star fund manager" model, emphasizing a more integrated and multi-strategy research approach to mitigate risks associated with large fund sizes [10][11]. - The fee structure and performance assessment mechanisms are evolving, with some fund managers opting to limit rapid growth to maintain operational effectiveness and avoid the pitfalls of short-term performance-driven investments [11][12]. Group 4: Market Trends and Investment Strategies - The A-share market is experiencing a steady upward trend, with increased investor enthusiasm for equity markets, particularly in technology sectors [13]. - Fund managers like Chen Ying anticipate continued high-risk appetite in the market, although potential profit-taking may lead to a more volatile environment in Q4 [13]. - Long-term investment strategies are focusing on sectors like innovative pharmaceuticals, with managers like Ge Lan highlighting the importance of quality and innovation in driving industry growth [15].

Core Viewpoint - The event organized by Huazhong Futures at Bengbu College aims to enhance financial education and support the cultivation of financial talents, aligning with national strategies for educational development and industry collaboration [1][8]. Group 1: Event Overview - Huazhong Futures conducted a series of training activities titled "Futures Knowledge into Campus" at Bengbu College on October 29, 2025, focusing on the "Zhengshang Cup" National College Student Financial Simulation Trading Competition and core knowledge of the futures market [1][3]. - The training included detailed guidance on the competition registration process, online entry, and key operational steps for using simulation trading software [3][6]. Group 2: Educational Content - The training covered the development history, core functions, and current status of China's futures market, with a focus on the Zhengzhou Commodity Exchange and relevant laws such as the "Futures and Derivatives Law" [3][8]. - Real case studies were used to illustrate the core value of futures in risk management, promoting a rational investment mindset among students [3][6]. Group 3: Interaction and Feedback - The event featured active interaction between instructors and students, fostering a strong learning atmosphere, with students expressing that the training provided both theoretical depth and practical guidance [6][8]. - Participants gained a comprehensive understanding of the futures market and key points for the "Zhengshang Cup," which will aid in their future career development [6]. Group 4: Future Initiatives - Huazhong Futures is committed to continuing its "Futures Knowledge into Campus" series, aiming to bring professional financial knowledge and practical resources to universities, thereby nurturing high-quality financial talents and promoting the high-quality development of the futures market [8].

Group 1 - The Fund Social Media Index for September 2025 shows stability among top institutions, with Huaxia Fund, China Europe Fund, and Fuguo Fund maintaining their positions in the top three [1] - New entrants to the ranking are mainly at the bottom, with Invesco Great Wall Fund and HSBC Jintrust Fund replacing Huafu Fund and Yongying Fund from the previous month [1] Group 2 - The top content on Douyin focuses on investor education, with the leading piece from Huaxia Fund combining emotional appeal with anti-fraud themes [2] - E Fund's entry uses a martial arts theme to explain index investments, showcasing innovative use of AIGC technology [2] - Wanji Fund's content emphasizes the long-term nature of investing through a simulated exam scenario, reinforcing the importance of scientific asset allocation [2] Group 3 - The trend of IP-based operation for fund video accounts is evident, with many entries being structured series that help establish content recognition and user habits [3] - High-traffic content on the Zhaocai account is primarily lightweight, focusing on benefits and hot topic analysis, with E Fund's analysis of the Vietnamese market gaining significant attention [3] - The WeChat public account entries mainly combine red envelope giveaways with investor education [3]

Core Viewpoint - Guolian Fund is committed to promoting financial literacy and rational investment concepts while ensuring wealth security, thereby contributing to a healthy financial market ecosystem [1] Group 1: Campus Engagement - The company focuses on educating college students and youth, recognizing them as the foundation for the future development of the public fund industry [2] - Guolian Fund customizes educational content based on the cognitive characteristics of different student stages, progressing from basic knowledge to rational investment concepts [2] - Innovative teaching methods are employed, such as integrating financial knowledge into everyday topics like "managing lucky money" and "dream planning" for younger students [2] - For college students, the company organizes regular activities that bridge theory and practice, providing professional guidance on public fund research and career development [2] Group 2: Community Outreach - Guolian Fund extends its educational efforts to communities and business circles, focusing on practical financial knowledge for residents, particularly the elderly [3] - The company collaborates with other institutions to create wealth management knowledge activities, emphasizing anti-fraud education and personal pension product selection [3] - In business circles, an immersive educational experience is created, allowing for interactive learning about public fund policies and investment strategies [3] Group 3: Cultural Leadership - The company's educational initiatives reflect its commitment to industry culture and the mission of "finance for the people" [4] - Guolian Fund integrates party building with investor education, forming a team to lead educational efforts and enhance community service [4] - The company has conducted thousands of educational events and published numerous articles and videos, receiving multiple awards for social responsibility [4] - Future plans include deepening educational integration in campuses, targeting specific community needs, and leveraging digital tools to enhance outreach [4]

Core Points - The article discusses an initiative to integrate investor education into the national education system in China, aiming to cultivate a rational investment culture from an early age [1] - On October 30, an event was held in Xining, Qinghai, where over 150 students from Yangguang Primary School participated in financial literacy education activities [1] - The event was organized by the Qinghai Securities Association in collaboration with CICC Wealth Securities Qinghai Branch, focusing on teaching students the importance of financial literacy and investment [1] Group 1 - The event included lectures on why to learn financial management, what financial management entails, tips for managing finances, and how to become a financial advisor [1] - The instructor used engaging methods, such as storytelling, including the "Farmer and the Golden Eggs" story, to explain the significance of financial literacy [1] - The Qinghai Securities Association plans to continue innovating educational activities and expanding the reach of financial literacy resources to help youth establish rational wealth concepts [1]

Core Insights - The collaboration between Xinyin Wealth Management and McDonald's is reshaping financial services by integrating finance, food, and charity into daily life, promoting inclusive development in the asset management industry [1][2][8] Group 1: Innovative Charity Initiatives - Xinyin Wealth Management introduced a "gamified charity" model at the Beijing station of the "Love You, Me, McDonald's Future" charity market, where participation in games led to corporate donations, transforming traditional charity into a two-way creation [2] - Since 2023, Xinyin Wealth Management has launched 29 charity financial products, raising over 22 billion yuan and donating more than 15 million yuan, benefiting over 300 schools and more than 70,000 children nationwide [2] Group 2: Financial Knowledge Dissemination - The first financial knowledge-themed McDonald's restaurant opened in Shanghai, designed to reach a broad audience, serving approximately 12,000 visitors monthly, equivalent to half a year’s traffic at a traditional bank branch [4][8] - The collaboration has led to the creation of engaging content that simplifies financial knowledge, such as anti-fraud tips and investment principles, making learning accessible during casual dining experiences [4][5] Group 3: Systematic Investor Education - Xinyin Wealth Management has restructured its investor education model, ensuring high-quality content through a dedicated team and regular activities tailored to different demographics, including seniors and youth [7] - The "Childlike Heart Together" financial literacy campaign aims to extend financial education to over 3,000 young people across multiple schools in Shanghai [7] Group 4: Industry Implications - The partnership illustrates a shift in financial services from a "high-cold professional" approach to a "friendly to the public" model, emphasizing the importance of engaging content and effective outreach [8] - The charity market increased family donation willingness by 40%, and the themed restaurant served over 120,000 visitors, showcasing the social value of this collaboration [8]

Core Viewpoint - The recently released "Opinions on Strengthening the Protection of Small and Medium Investors in the Capital Market" outlines 23 measures aimed at enhancing the protection of small and medium investors, serving as a guideline for current and future efforts in this area [1] Summary by Relevant Sections Focus on Key Issues - The "Opinions" address critical concerns raised by small and medium investors, such as the high pricing of new stock issuances, proposing to optimize the pricing mechanism and strengthen the management of offline investor evaluations [2] - It emphasizes the need for stricter regulations on institutional investors to prevent manipulation of pricing during the initial public offering (IPO) process [2] - The document also highlights the importance of enhancing the regulation of algorithmic trading to ensure transparency and fairness [2] Addressing Legal Rights and Education - The "Opinions" aim to tackle prominent issues regarding the protection of investors' legal rights, mandating that financial institutions incorporate investor education into their business processes [3] - Institutions are required to clearly explain business rules and risks associated with financial products before sales, enhancing the effectiveness of investor education [3] - The document notes that by September 2025, the China Securities Regulatory Commission (CSRC) had received over 1.8 million investor complaints, recovering more than 730 million yuan for investors [3] Institutional Support and Legal Framework - The "Opinions" stress the role of investor protection agencies in guiding small and medium investors in exercising their rights and seeking redress [4] - It mandates compensation for investors who suffer losses due to major violations leading to forced delisting of companies [4] - By September 2025, investor protection agencies had supported numerous lawsuits, recovering approximately 2.895 billion yuan for over 60,000 investors [4] Implementation and Market Environment - The introduction of the "Opinions" is seen as a concrete implementation of previous important meetings and documents aimed at integrating investor protection into the entire capital market reform process [5] - The goal is to create a more investor-friendly and equitable market environment, allowing investors to participate confidently in the capital market and benefit from economic growth [5]

Core Viewpoint - The event organized by Galaxy Futures aimed to educate the community on financial knowledge, particularly focusing on preventing telecom fraud and identifying illegal fundraising activities, which received positive feedback from participants [1]. Group 1: Event Overview - Galaxy Futures participated in a community educational event hosted by the Bai Zhi Fang Street Party-Mass Service Center in Xicheng District, Beijing [1]. - The event was designed with a theme of "fun interaction + knowledge transmission," incorporating engaging formats and content [1]. Group 2: Educational Focus - The staff from Galaxy Futures provided explanations of common financial fraud techniques using real-life case studies, effectively enhancing residents' awareness of risk prevention [1]. - The event emphasized the importance of educating the community about financial scams and illegal fundraising practices [1]. Group 3: Company Commitment - Galaxy Futures expressed that this event reflects the company's commitment to social responsibility as a financial institution and aims to integrate investor education into community settings [1]. - The company plans to continue innovating educational formats through various platforms to enhance investors' understanding and confidence in the financial futures market [1].