Group 1 - Major industry ETFs showed mixed performance in early trading, with the global airline industry ETF rising nearly 3% and the gold ETF declining over 2% [1] - The global airline ETF (JETS) increased by 0.65 to 22.64, reflecting a 2.96% rise [2] - The semiconductor ETF (SMH) rose by 7.16 to 269.08, marking a 2.73% increase [2] Group 2 - The regional bank ETF (KRE) saw an increase of 1.13 to 58.99, which is a 1.94% rise [2] - The global technology stock ETF (IXN) increased by 1.42 to 89.48, representing a 1.61% rise [2] - The technology sector ETF (XLK) rose by 3.23 to 246.11, indicating a 1.33% increase [2] Group 3 - The financial sector ETF (XLF) increased by 0.65 to 51.47, reflecting a 1.27% rise [2] - The network stock index ETF (FDN) rose by 2.79 to 259.38, marking a 1.09% increase [2] - The consumer discretionary ETF (XLY) decreased by 1.88 to 216.28, showing a decline of 0.88% [2] Group 4 - The utility ETF (XLU) increased by 0.34 to 81.58, reflecting a 0.41% rise [2]

专业投顾智囊团全程陪伴,每周带来最新的 点评资讯,深度解析市场热点与板块轮动, 助你把握市场脉络,优化投资决策! ETF投资门槛高? 新手如何快速入门? ETF投资门槛低、透明度高,是新手入市的 优选工具! 为帮助投资者系统学习,本次大 赛特别打造【大咖论市】、【大赛专区投教 视频】、【ETF理财课堂】等模块,通过专 业内容输出与互动学习相结合,助力投资者 建立完整的ETF投资知识框架。 比赛期间是否可以获得专业指导? 播ITF S 届申厅宏源ETF实思大島 以赛促学,玩转ETF投资 赛事时间 报名时间：2025年6月12日至8月29日 正式比赛: 2025年6月18日至9月5日 参赛指南常见Q&A 如何参与赛事? 进入活动页面点击【立即报名,报名有礼】 按钮,填写参赛昵称、阅读并同意《ETF实 盘大赛投资者风险揭示书》及《ETF实盘大 赛投资者信息公开知情同意书》后即可参与 报名。 具体参赛要求是什么? 2025年8月29日前,在申万宏源证券开通 普通A股账户或场内基金账户,且风险承受 能力等级C3及C3以上的投资者可报名参 赛。(同一身份证号下有多个账号的个人投资 者. 仅允许其名下任意一个账户报名:报名 ...

Group 1 - The local government bond market in China has entered a new expansion cycle since 2025, with the total number of local government bonds reaching 12,535 and a balance of approximately 51 trillion yuan, reflecting an 8% increase compared to the end of 2024 [1] - In 2025, a total of 832 local government bonds were issued, amounting to 4.46 trillion yuan, with a significant year-on-year increase and an advanced issuance pace [1] - The current low-interest-rate environment, driven by policy expansion and monetary easing, has enhanced the investment value of local bonds, with increasing turnover rates and improving liquidity [1] Group 2 - As of June 6, 2025, the yield spread between short-term local bonds and government bonds has widened by nearly 10 basis points, with 2Y and 3Y local bonds showing spreads exceeding 15 basis points, placing them in the top 60% since 2022 [2] - The funding rate remains around 1.4%, with short-term local bonds offering positive yield spreads, making them an attractive choice under the current monetary easing expectations [2] Group 3 - There are currently four local bond ETFs in the market, including two managed by Penghua Fund, which cater to different investor needs with varying durations [3] - The Penghua 5-Year Local Bond ETF focuses on medium to long-term local bonds, offering higher yield potential with lower credit risk, while the Penghua 0-4 Year Local Bond ETF targets short-term local bonds, providing low volatility and stable returns [3] Group 4 - Both Penghua local bond ETFs support T+0 trading and can be used for pledged financing, with a low annual comprehensive fee rate of only 0.2% [4] - The trading activity of these ETFs has been robust, with average weekly trading volumes of 1.5 billion yuan and 2.1 billion yuan, and daily turnover rates of 35% and 117% respectively [4] - The investment team at Penghua Fund has extensive experience, with an average of over 8 years in the industry, and is well-equipped to manage various market conditions [4]

Group 1 - Major industry ETFs in the US stock market mostly rose at the beginning of trading, with consumer discretionary ETFs and internet stock index ETFs leading the gains [1] - The consumer discretionary ETF (XLY) increased by 1.95 to 212.38, representing a rise of 0.93% with a trading volume of 301,200 shares [2] - The internet stock index ETF (FDN) rose by 2.29 to 258.03, reflecting a gain of 0.90% with a trading volume of 6,937 shares [2] Group 2 - Regional bank ETF (KRE) saw an increase of 0.45 to 56.98, which is a rise of 0.80% with a trading volume of 442,500 shares [2] - The consumer staples ETF (XLP) rose by 0.58 to 81.01, marking a gain of 0.72% with a trading volume of 1,322,700 shares [2] - The semiconductor ETF (SMH) increased by 1.75 to 264.34, showing a rise of 0.67% with a trading volume of 388,600 shares [2]

Market Overview - The A-share market continues to experience a volume contraction, with the Shanghai Composite Index closing at 3359.9 points, reflecting a cumulative decline of 0.51% for the week [1] - Market sentiment is generally cautious as the end of the first half of the year approaches [1] ETF Performance - Bank-related ETFs have emerged as a "safe haven" during the weak market, with several bank ETFs reaching historical highs [1][4] - The overall performance of ETF products has been lackluster, with the median weekly return for over 1100 products at approximately -0.86% [1] - The bank ETF index fund recorded a weekly increase of 3.22%, with other related products also exceeding 3% in weekly gains [4] Top Performers - The top performers for the week include multiple bank ETFs, which have all achieved historical highs [4] - The wine ETF showed a weak rebound of 2.39%, entering the gainers' list, although its long-term trend remains uncertain [4] Underperformers - The decline in the market was predominantly driven by Hong Kong innovative drug-related ETFs, all of which experienced significant downturns [5][7] - The top 20 ETFs with the largest declines were all related to Hong Kong innovative drugs, with the leading product, the Hong Kong Medical ETF, dropping by 8.617% [5][7] - Additionally, gold-related ETFs also saw substantial declines, with several products falling over 6% due to a more than 2.5% drop in international gold prices [7]

宏源证券 屈由厂宏源ETF实惠尺层 元 以赛促学,玩转ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月18日 8月29日 9月5日 6月12日 赛事背景 2024年资本市场迎来政策红利,ETF凭借分散风险、 易便捷等优势,成为投资者重要选择。 值此机遇, 申万宏源证券携手多家基金公司正式启动第 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长,老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 主办方 t 春密 助 的 门星动 5大赛事亮点 亮点1 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮助投资者了解投教知识。 亮点3 互动有礼、边学边玩 大赛设丰富的互动活动,轻松参与即有机会获得奖励,最高可 得6.66元红包。（每项任务限领1次且红包数量有限,具体以发放页面 显示为准) 亮点4 双赛道竞技、全方面展现实力 本次大赛特别设置【双周达人奖】和【实盘赢家奖】,不同风 格的投资者都能找到适合自己的舞台! 老牌券商底蕴,专业ETF服务 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 ...

中国ETF市场历经20余年稳健发展，当前规模已飙升至3.6万亿元，基金数量突破1000只。ETF以其透明、便宜、灵活、安 全等优点，成为大量投资者布局市场的关键工具。然而，超过60%的个人投资者对ETF仍处于"听说过但不会用"的迷茫期， 他们对专业投资知识与服务的需求日益迫切。 6月中旬，为呼应上交所发起的"以投资者为本，重回报促发展"沪市ETF主题活动，华兴证券与中信出版（300788）强强联 手，以"硬核搭子，邀你做ETF投资行家"为主题开展投教活动。与此同时，华兴证券多多金APP（以下简称"多多金"）4.0 版本焕新上线。本次活动通过阅读投教结合专业服务介绍，为投资者构建知识与服务并重的赋能体系，助力投资者突破 ETF投资门槛，开启指数投资新时代。 面对指数化投资时代的到来，中信出版以书为媒，将专业机构投资经验转化为易于大众理解的知识体系，以优质内容赋能 投教市场高质量发展。此次重点推荐的《这样做，买对ETF》一书，从深度解析ETF"家族图谱"，到详细阐述定投、网格交 易等实战策略，全方位覆盖投资者从入门到进阶的全流程，帮助其逐步建立ETF投资方法论。 中信出版还联合华兴证券共同发布以《这样做，买对ET ...

亮点4 双赛道竞技,全方面展现实力 面田门宏源ETF买岛尺亮 以赛促学, 坑特ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月12日 6月18日 8月29日 9月5日 赛事背景 . . 2024年资本市场迎来政策红利,ETF凭借分散风险、交 易便捷等优势,成为投资者重要选择。 好看日书记后八分如本公中学学校思论坛中 男毛会龙 但此仍随,中力公标近分污于夕系英立公可止以后4月 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长,老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 主办方 5大赛 亮点1 老牌券商底蕴,专业ETF服务 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 场积淀和专业的投研能力,为投资者提供全市场ETF交易支 持。本次大赛支持沪深市场所有场内ETF品种(货币ETF除 外），助力投资者把握不同市场机会。 亮点2 站式ETF投教专区 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮助投资者了解投教知识。 亮点3 互动有礼,边学边玩 大赛设丰富的互动活动,轻松参与即有 ...

面由门宏源ETF买出入员 以赛促学,玩特ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月18日 8月29日 9月5日 6月12日 赛事背景 . . 2024年资本市场迎来政策红利，ETF凭借分散风险、 易便捷等优势,成为投资者重要选择。 好看日书记而六分如母女女生学学生男公任中 男毛会龙 双赛道竞技,全方面展现实力 本次大赛特别设置【双周达人奖】和【实盘赢家奖】,不同风 格的投资者都能找到适合自己的舞台! 亮点5 但此例地,中力么标ய分污于夕茶在立公可止攻后 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长，老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 主办方 5大赛 亮点1 老牌券商底蕴,专业ETF服务 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 场积淀和专业的投研能力,为投资者提供全市场ETF交易支 持。本次大赛支持沪深市场所有场内ETF品种(货币ETF除 外），助力投资者把握不同市场机会。 亮点2 站式ETF投教专区 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮 ...

面由门宏源ETF买出入员 以赛促学,玩特ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月18日 8月29日 9月5日 6月12日 赛事背景 . . 2024年资本市场迎来政策红利，ETF凭借分散风险、 易便捷等优势,成为投资者重要选择。 好看日书记而六分如母女女生学学生男公任中 男毛会龙 但此例地,中力么标ய分污于夕茶在立公可止攻后 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长，老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 主办方 5大赛 亮点1 老牌券商底蕴,专业ETF服务 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 场积淀和专业的投研能力,为投资者提供全市场ETF交易支 持。本次大赛支持沪深市场所有场内ETF品种(货币ETF除 外），助力投资者把握不同市场机会。 亮点2 站式ETF投教专区 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮助投资者了解投教知识。 亮点3 双赛道竞技,全方面展现实力 本次大赛特别设置【双周达人奖】和【实盘赢家奖】,不同风 格的投资者都 ...