Core Points - The total margin balance of ETFs in the two markets reached 100.978 billion yuan, an increase of 1.27 billion yuan from the previous trading day, representing a 0.13% increase [1] - The financing balance of ETFs increased by 1.66 billion yuan to 95.953 billion yuan, a 0.17% increase from the previous day [1] - The margin balance in the Shenzhen market was 34.760 billion yuan, up by 2.80 billion yuan, while the Shanghai market saw a decrease of 1.53 billion yuan to 66.218 billion yuan [1] Financing Balances - There are 108 ETFs with financing balances exceeding 100 million yuan, with the highest being Huaan Gold ETF at 8.640 billion yuan, followed by E Fund Gold ETF and Huaxia Hang Seng ETF at 7.018 billion yuan and 5.404 billion yuan respectively [2] - The ETFs with the highest percentage increase in financing balance include Bosera Shenzhen Benchmark Credit Bond ETF with a 110,660% increase, and China Southern CSI 300 ETF with a 1,339.97% increase [2][3] - The ETFs with the largest decreases in financing balance include Hai Fudong Shanghai 10-Year Local Government Bond ETF with an 81.19% decrease and China International CSI 500 ETF with a 76.48% decrease [2][3] Net Financing Buy/Sell - The top net financing purchases were E Fund ChiNext ETF, Southern CSI 500 ETF, and GF NASDAQ 100 ETF, with net purchases of 122 million yuan, 111 million yuan, and 80.225 million yuan respectively [4][5] - The top net financing sales were Huaxia Hang Seng Internet Technology ETF, Huaxia Hang Seng Technology ETF, and Hang Seng Technology, with net sales of 124 million yuan, 113 million yuan, and 86.304 million yuan respectively [4][5] Margin Trading - The latest margin balance for the top ETFs includes Southern CSI 1000 ETF, Southern CSI 500 ETF, and Huaxia CSI 1000 ETF, with balances of 1.710 billion yuan, 1.610 billion yuan, and 375 million yuan respectively [5] - The ETFs with the highest increase in margin balance include Huaxia Shanghai 50 ETF with an increase of 17.1312 million yuan and Huatai-PineBridge CSI 300 ETF with an increase of 8.4798 million yuan [6][7] - The ETFs with the largest decrease in margin balance include Southern CSI 1000 ETF with a decrease of 61.6131 million yuan and Southern CSI 500 ETF with a decrease of 28.9472 million yuan [6][7]

Group 1 - The total margin balance of ETFs in the two markets reached 100.882 billion yuan, an increase of 0.50% compared to the previous trading day [1] - The financing balance of ETFs was 95.953 billion yuan, also reflecting a 0.50% increase from the previous day [1] - The margin balance in the Shenzhen market was 34.987 billion yuan, with a financing balance of 34.285 billion yuan, showing a 1.82% increase [1] Group 2 - The top three ETFs by financing balance are Huaan Gold ETF at 8.740 billion yuan, E Fund Gold ETF at 7.041 billion yuan, and Huaxia Hang Seng ETF at 5.394 billion yuan [2] - The ETFs with the highest percentage increase in financing balance include Invesco Great Wall SSE STAR Market Comprehensive Price ETF with a 4239.65% increase, followed by Southern SSE STAR Market Comprehensive ETF at 2003.58% [2][3] - The ETFs with the largest decrease in financing balance include Bosera Science and Technology Comprehensive Index ETF with a 79.64% decrease and China Merchants SSE 300 ETF with a 46.41% decrease [2][3] Group 3 - The top three ETFs by net financing inflow are Huaxia Hang Seng Internet Technology ETF (QDII) with 105 million yuan, Guotai Junan CSI All-Share Securities Company ETF with 83.0992 million yuan, and Huaxia Hang Seng Technology ETF (QDII) with 74.0538 million yuan [4][5] - The ETFs with the highest net financing outflow include Hai Fu Tong CSI Short Bond ETF with 150 million yuan, Bosera Convertible Bond ETF with 108 million yuan, and Huaan Gold ETF with 101 million yuan [4][5] Group 4 - The latest margin balance for short selling is led by Southern CSI 1000 ETF at 1.716 billion yuan, followed by Southern CSI 500 ETF at 1.560 billion yuan [5] - The ETFs with the highest increase in short selling balance include Huatai-PineBridge SSE 300 ETF with an increase of 20.7025 million yuan and Huaxia SSE 50 ETF with an increase of 10.1146 million yuan [6][7] - The ETFs with the largest decrease in short selling balance include Huabao CSI All-Share Securities Company ETF with a decrease of 13.704 million yuan and Longtou Securities with a decrease of 3.3756 million yuan [6][7]

Core Viewpoint - The total margin balance of ETFs in the two markets decreased to 100.21 billion yuan as of April 30, reflecting a month-on-month decline of 39.69 billion yuan, or 3.81% [1][3]. Group 1: ETF Margin Balance Overview - The ETF margin balance in the Shenzhen market is 34.686 billion yuan, down by 5.72 billion yuan, a decrease of 1.62% from the end of March [1][3]. - The ETF margin balance in the Shanghai market is 65.524 billion yuan, down by 33.97 billion yuan, a decrease of 4.93% from the end of March [2][3]. - The total ETF financing balance is 95.431 billion yuan, down by 40.53 billion yuan, a decrease of 4.07% from the end of March [1][3]. Group 2: ETF Financing and Securities Lending - The latest ETF securities lending balance is 4.780 billion yuan, which increased by 839.69 million yuan, a growth of 1.79% from the end of March [1][3]. - The financing balance for the top three ETFs includes: Huashang Gold ETF at 8.754 billion yuan, E Fund Gold ETF at 7.045 billion yuan, and Huaxia Hang Seng ETF at 5.389 billion yuan [4]. - Nine ETFs saw financing balances increase by over 50 million yuan, with the top increases from Huaxia Nasdaq 100 ETF (QDII) at 267 million yuan, Dachen Hang Seng Technology ETF (QDII) at 10.3 million yuan, and Huashang Hang Seng Technology ETF at 8.094 million yuan [4]. Group 3: Significant Changes in Financing Balances - 41 ETFs experienced financing balance increases exceeding 20%, with the highest increases from Morgan Stanley S&P Hong Kong Low Volatility Dividend ETF at 230.28%, and E Fund Hang Seng Hong Kong Healthcare ETF at 221.06% [5][6]. - 75 ETFs saw financing balance declines exceeding 20%, with the largest declines from Huabao CSI A50 ETF at 90.47%, and Zhaoshang Huashang 300 ETF at 82.54% [5][6]. Group 4: Securities Lending Changes - The top three ETFs by securities lending balance are: Southern CSI 1000 ETF at 1.689 billion yuan, Southern CSI 500 ETF at 1.496 billion yuan, and Huaxia CSI 1000 ETF at 351 million yuan [9][10]. - The largest increases in securities lending balance were seen in Southern CSI 500 ETF (1.659 billion yuan) and Southern CSI 1000 ETF (1.339 billion yuan) [10]. - The largest decreases in securities lending balance were in E Fund CSI 300 Healthcare ETF (2.428 million yuan) and Huaxia CSI 1000 ETF (2.026 million yuan) [10].

Group 1 - The total ETF margin balance in the two markets is 103.09 billion yuan, an increase of 507 million yuan from the previous trading day, representing a 0.49% increase [1] - The financing balance of ETFs is 98.34 billion yuan, which increased by 510 million yuan, a 0.52% increase from the previous day [1] - The margin balance for the Shenzhen market is 35.14 billion yuan, a decrease of 4.54 million yuan, while the Shanghai market's margin balance is 67.95 billion yuan, an increase of 511 million yuan [1] Group 2 - There are 106 ETFs with a financing balance exceeding 100 million yuan, with the highest being Huaan Gold ETF at 8.78 billion yuan [2] - The ETFs with the largest increases in financing balance include Southern SSE Sci-Tech Innovation Board Comprehensive ETF, with a growth of 349.13% [2][3] - The ETFs with the largest decreases in financing balance include Huatai-PB Cloud Computing ETF, which saw a decline of 74.93% [2][3] Group 3 - The top three ETFs by net financing inflow are Hai Fu Tong CSI Short Bond ETF, Bo Shi Convertible Bond ETF, and Huatai-PB SSE Dividend ETF, with net inflows of 352 million yuan, 92.76 million yuan, and 33.53 million yuan respectively [4] - The top three ETFs by net financing outflow are Huaan Gold ETF, Huaxia Hang Seng Internet Technology ETF, and Huabao CSI Medical ETF, with net outflows of 46.22 million yuan, 43.88 million yuan, and 38.57 million yuan respectively [4] Group 4 - The latest margin balance for the top ETFs includes Southern CSI 1000 ETF, Southern CSI 500 ETF, and Huaxia CSI 1000 ETF, with balances of 1.68 billion yuan, 1.47 billion yuan, and 352 million yuan respectively [5] - The ETFs with the largest increases in margin balance include Southern CSI 500 ETF and Southern CSI 1000 ETF, which increased by 17.70 million yuan and 11.48 million yuan respectively [5] - The ETFs with the largest decreases in margin balance include Huatai-PB SSE 300 ETF and Huabao CSI Medical ETF, which decreased by 12.16 million yuan and 10.86 million yuan respectively [5]

Summary of Key Points Core Viewpoint - The latest two markets' ETF margin balance is 101.26 billion yuan, showing a decrease of 748 million yuan compared to the previous trading day, indicating a downward trend in ETF financing and margin trading activities [1]. Group 1: ETF Margin Balance - As of April 25, the total ETF margin balance is 1012.61 billion yuan, a decrease of 0.73% from the previous day [1]. - The ETF financing balance is 964.93 billion yuan, down by 6.47 billion yuan, reflecting a 0.67% decrease [1]. - The Shenzhen market's ETF margin balance is 351.06 billion yuan, with a reduction of 2.77 billion yuan [1]. - The Shanghai market's ETF margin balance is 661.54 billion yuan, decreasing by 4.71 billion yuan [1]. Group 2: Specific ETF Financing Balances - The top three ETFs by financing balance are: - Huaan Gold ETF with 87.89 billion yuan - E Fund Gold ETF with 70.67 billion yuan - Huaxia Hang Seng ETF with 54.09 billion yuan [2]. - The ETFs with the highest increase in financing balance include: - Cloud Computing ETF by Huatai-PB with an increase of 432.70% - Jiashi CSI Hong Kong Stock Connect High Dividend ETF with an increase of 163.81% - Tianhong SSE Sci-Tech Innovation Board Comprehensive ETF with an increase of 129.53% [2]. Group 3: Margin Trading Activities - The top three ETFs by net financing buy amounts are: - Huabao CSI All-Index Securities Company ETF with 80.93 million yuan - GF Nasdaq-100 ETF with 64.66 million yuan - E Fund CSI 300 Medicine ETF with 50.30 million yuan [5]. - The ETFs with the highest net financing sell amounts include: - Huaxia Hang Seng Technology ETF (QDII) with 76.18 million yuan - Huatai-PB CSI 300 ETF with 62.15 million yuan - Huaxia SSE Sci-Tech Innovation Board 50 Component ETF with 57.28 million yuan [4]. Group 4: Margin Trading Changes - The latest margin balance for the top ETFs includes: - Southern CSI 1000 ETF with 1.62 billion yuan - Southern CSI 500 ETF with 1.43 billion yuan - Huaxia CSI 1000 ETF with 368 million yuan [7]. - The ETFs with the highest increase in margin balance are: - Southern CSI 1000 ETF with an increase of 24.49 million yuan - Huabao CSI Bank ETF with an increase of 2.08 million yuan [6].

最新两市ETF两融余额为1012.61亿元，较前一周环比减少20.75亿元，其中，ETF融资余额环比减少 21.25亿元，融券余额环比增加5004.40万元。 证券时报·数据宝统计显示，截至4月25日，两市ETF两融余额为1012.61亿元，较前一周减少20.75亿 元，降幅为2.01%，其中，ETF融资余额为964.93亿元，较前一周减少21.25亿元，下降2.16%，ETF融券 余额为47.68亿元，较前一周增加5004.40万元，增长1.06%。 具体来看，深市ETF最新两融余额351.06亿元，较前一周减少2.40亿元，降幅0.68%，其中，ETF融资余 额343.96亿元，较前一周减少2.64亿元，降幅0.76%，融券余量4.57亿份，较前一周增加29.91万份，增 幅0.07%，ETF最新融券余额7.11亿元，较前一周增加2368.11万元。 | 159399 | 国泰富时中国A股 | 689.34 | 87.12 | 560010 | 广发中证 | 2372.77 | -36.29 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 自 ...