Core Points - The China Securities Index Hong Kong 300 Value Index (HK300V) reported a decline of 3.40% over the past month, an increase of 4.61% over the past three months, and a year-to-date increase of 3.37% [1] - The index is composed of four indices: the China Securities Index Hong Kong 300 Growth Index, the China Securities Index Hong Kong 300 Value Index, the China Securities Index Hong Kong 300 Relative Growth Index, and the China Securities Index Hong Kong 300 Relative Value Index [1] - The top ten holdings of the HK300V index include HSBC Holdings (11.0%), China Construction Bank (10.45%), China Mobile (7.86%), Industrial and Commercial Bank of China (7.47%), Bank of China (5.71%), Ping An Insurance (5.39%), CNOOC (4.73%), China Merchants Bank (3.2%), Agricultural Bank of China (2.28%), and Bank of China Hong Kong (2.03%) [1] Industry Breakdown - The financial sector constitutes 59.06% of the index holdings, followed by communication services at 11.70%, energy at 10.51%, real estate at 8.19%, and industrials at 3.65% [2] - The index undergoes adjustments every six months, with sample adjustments implemented on the next trading day after the second Friday of June and December [2] - The weight factors are adjusted in accordance with the sample adjustments, and temporary adjustments occur when the underlying index samples are modified [2]

二、开放式公募基金表现 三、基金产品发行情况 上周新成立基金 28 只，合计发行规模为 240.79 亿元，较前一周有所增 加。此外，上周有 28 只基金首次进入发行阶段，本周将有 6 只基金开始 发行。 一 上周市场回顾 1.1 相关热点回顾 报 告 摘 要 一、上周市场回顾 一、基金申报发行动态 上周共上报 36 只基金， 较 上上周申报数量 有所下降 。申报的产品包括 5 只 FOF ，国证通用航空产业 ETF 、国投瑞银中证全指自由现金流指数基金、嘉 实中证港股通创新药 ETF 等。 上周 A 股市场主要宽基指数走势出现分化，中小板指、中证 1000 、创业 板指指数收益靠前，收益分别为 2.13% 、 1.85% 、 1.74% ，科创 50 、沪深 300 、上证综指指数收益靠后，收益分别为 -0.40% 、 0.38% 、 0.56% 。 从成交额来看，除科创 50 、沪深 300 、上证综指外，上周主要宽基指数 成交额均有所上升。行业方面，上周综合金融、汽车、电力设备及新能源收 益靠前，收益分别为 5.06% 、 4.98% 、 3.09% ，食品饮料、消费者服 务、房地产收益靠后，收益分别为 ...

2024年以来，监管部门多次鼓励引导中长期资金入市，积极推动资本市场生态建设，为中长期资金入市 创造有利条件。在低利率市场环境下，指数投资成为银行理财支持资本市场的重要路径，指数理财也迎 来了发展的新契机。 自成立以来，中银理财积极探索，持续打造多层次的现代产品和服务体系。据了解，目前在指数理财方 面，中银理财已实现从产品风险等级到跟踪指数品类上的全方位布局。特别值得一提的是，针对近期的 资本市场大幅波动，作为头部理财公司，中银理财坚定支持中国资本市场的态度和立场，已新增股票投 资方向主要投向新质生产力领域和内需板块。 指数投资正当其时 2025年《政府工作报告》首次把稳住楼市股市写进经济社会发展总体要求。证监会主席吴清近期也谈 及，要加快推进新一轮资本市场改革开放，不断筑牢股市健康发展的根基。"逐项打通社保、保险、理 财等中长期资金入市卡点堵点，不断引入源头活水。"吴清表示。 在我国，银行理财的发展始终与实体经济发展和居民需求变化同向而行。理财中心发布的《中国银行业 理财市场年度报告（2024年）》数据显示，2024年末，银行理财市场存续规模29.95万亿元，2024年内 持有理财产品的投资者数量已达到1. ...

成交量持续萎缩 逢高减仓滚动操作 ——股指周报2025.04.21 客服中心 ：李卫红 联系方式：0371-68599157 电子邮箱：liwh_qh@ccnew.com 投资咨询业务资格 证监发【2014】217号 投资咨询编号：Z0017812 | 本期观点 | | --- | | 品种 | 主要逻辑 | 策略建议 | 风险提示 | | --- | --- | --- | --- | | | 1、来自第一财经消息，随着近期"国家队"等多路资金的持续加仓，ETF市场总规模站上 作透明、交易便捷等特征，ETF也受到各类投资者青睐。 中证500周跌0.37%，中证1000周跌0.52%。成交方面，四大指数日均交易量交易前一周 | | | | | 了4万亿元关口。据Wind数据统计，截至4月20日，全市场ETF最新规模达到40116.17亿 | | | | | 元。其中，股票ETF是规模增长的主力军。与此同时，4月以来，场内ETF基金的资金净 | | | | | 流入额超过3200亿元。其中，沪深300ETF、中证500ETF、中证1000ETF等宽基产品最 | 操作上，市场量 | | | | 受青睐。在业内人士 ...

ETF再迎历史性时刻， 规模首度突破4万亿元 。 从近期资金流向看，仅4月7日以来，权益类ETF净申购额超过2300亿元。尤其在市场震荡之 时，ETF成交频放量，资金买入信号更加显著。更多增量资金可期，超70只指数基金正在或是 即将发行。与此同时，外资巨头鲜明发声："超配中国市场。" ETF规模突破4万亿元 4月7日，中央汇金、中国国新、中国诚通等宣布增持ETF。据测算，截至4月18日，4月7日以 来，权益类ETF净申购额合计超过2300亿元。 事实上，长线资金已是ETF的重要持有人。以中央汇金为例，在2024年初，中央汇金开始增持 多种类型的ETF。截至2024年6月底，中央汇金的ETF持仓金额猛增至5905亿元，持仓范围也 进一步扩大，涵盖中证1000ETF、创业板ETF、科创板ETF等。在2024年下半年的震荡行情 中，中央汇金增持步履不停。截至2024年底，中央汇金持有ETF金额合计突破万亿元。 "过去五年，指数投资生态越来越完善，大量原本未参与指数投资的个人和机构投资者开始使 用指数化投资工具。"易方达基金指数研究部总经理庞亚平表示，以保险、银行理财等为代表 的中长期资金也持续入市。 ETF成为市场 ...

金融界4月17日消息，A股三大指数收盘涨跌不一，中证800价值指数 (800价值，H30356)上涨0.01%，报 5908.73点，成交额930.62亿元。 数据统计显示，中证800价值指数近一个月下跌3.36%，近三个月下跌0.83%，年至今下跌3.97%。 从指数持仓来看，中证800价值指数十大权重分别为：中国平安（5.41%）、招商银行（5.27%）、美的 集团（3.5%）、兴业银行（3.1%）、工商银行（2.5%）、格力电器（2.05%）、伊利股份（1.91%）、 交通银行（1.85%）、国泰海通（1.83%）、农业银行（1.73%）。 从中证800价值指数持仓的市场板块来看，上海证券交易所占比75.37%、深圳证券交易所占比24.63%。 从中证800价值指数持仓样本的行业来看，金融占比43.69%、工业占比13.41%、原材料占比8.80%、可 选消费占比8.54%、能源占比6.33%、通信服务占比5.73%、公用事业占比4.48%、主要消费占比3.20%、 信息技术占比2.58%、医药卫生占比1.73%、房地产占比1.51%。 据了解，中证800风格指数系列以中证800指数为样本空间，根据成长 ...

Group 1 - The core index of the CSI 1000 Public Utilities Index closed at 3151.51 points, with mixed performance among the three major A-share indices [1] - The CSI 1000 Public Utilities Index has decreased by 0.62% over the past month, increased by 3.49% over the past three months, and has declined by 3.66% year-to-date [2] - The index is composed of liquid and representative securities from various industries, providing diverse investment options for investors [2] Group 2 - The top ten weighted stocks in the CSI 1000 Public Utilities Index include Jilin Electric Power (6.89%), Jinkai New Energy (5.33%), and Linyang Energy (5.24%) [2] - The index's holdings are primarily from the Shanghai Stock Exchange (55.26%) and the Shenzhen Stock Exchange (44.74%) [2] - The industry composition of the index shows that electricity and grid account for 72.26%, gas for 15.98%, water services for 10.17%, and heating and others for 1.59% [2] Group 3 - The index samples are adjusted semi-annually, with adjustments implemented on the next trading day following the second Friday of June and December [3] - In special circumstances, the index may undergo temporary adjustments, such as when a sample stock is delisted or undergoes mergers, acquisitions, or splits [3] - Changes in the industry classification of sample stocks will also lead to corresponding adjustments in the CSI 1000 industry index [3]

金融界4月16日消息，A股三大指数收盘涨跌不一，中证800有色金属指数 (800有色，H30031)上涨 0.17%，报5832.63点，成交额272.12亿元。 数据统计显示，中证800有色金属指数近一个月下跌5.40%，近三个月上涨2.46%，年至今上涨6.37%。 从中证800有色金属指数持仓样本的行业来看，原材料占比100.00%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。遇临时调整时，当中证800指数调整样本时，中证800行业指数样本 随之进行相应调整。在样本公司有特殊事件发生，导致其行业归属发生变更时，将对中证800行业指数 样本进行相应调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形的 处理，参照计算与维护细则处理。 据了解，为反映中证800指数样本中不同行业公司证券的整体表现，为投资者提供分析工具，将中证800 指数样本按中证行业分类分为11个一级行业与35个二级行业，再以进入各一、二级行业 ...

Core Viewpoint - The London Stock Exchange Group (LSEG) emphasizes its long-term commitment to the Chinese market, highlighting its role in shaping the future of finance through data, analysis, and trading solutions [4]. Group 1: Event Overview - The 2025 China Market Outlook Forum, held on April 10 in Shanghai, is the 14th edition of this influential event in the financial industry [1]. - The forum gathered participants from global banks, asset management firms, fintech innovators, and leading enterprises in the real economy, focusing on key themes such as macroeconomic outlook, asset allocation, and the international influence of Chinese financial institutions [2]. Group 2: Key Discussions - Discussions included the resilience and vitality of China's structural reforms amid global economic turbulence, with a focus on balanced growth, industrial optimization, and sustainable development shaping the 2025 economic outlook [4]. - The forum featured a dedicated commodities sub-forum discussing market trends for oil and LNG, as well as futures and derivatives trading [5]. Group 3: LSEG's Role and Vision - LSEG's Asia-Pacific President, David Day, reiterated the group's commitment to the Chinese market as a core pillar of its global strategy, emphasizing the importance of enhancing Sino-British financial cooperation [4]. - LSEG operates as a leading provider of financial market infrastructure and data solutions globally, with a significant presence in over 60 countries and a workforce of 25,000 employees, more than half of whom are located in the Asia-Pacific region [6]. Group 4: Emerging Trends - The forum addressed asset allocation strategies in a low-interest-rate environment, focusing on risk diversification amid ongoing market volatility [7]. - The evolution of index investing and the growing influence of ETFs were highlighted as significant trends [7]. - The transformative impact of artificial intelligence in finance, particularly the emergence of large language models, was discussed [7]. - Insights into the globalization process of Chinese financial institutions and their overseas expansion strategies were also shared [7].

Group 1 - Since April, there has been a surge in the application and issuance of index-enhanced funds, with multiple funds related to the Sci-Tech Innovation Board Index and the CSI A500 Index currently being issued [1] - In the past year, 46 fund companies have launched 70 index-enhanced funds, driven by the overall trend of index investing and the desire for differentiated competition among fund companies [1] - Data shows that over 78% of index-enhanced funds have achieved positive excess returns this year [1]