# " 当期热文 NO.1 中信保诚基金 NO.2 景顺 NO.3 华夏基金 # " 热转好文 NO.1 天风证券投教基地 NO.2 长城基金 NO.3 国泰基金 # " 趣投教 德邦证券投教基地 （跳转原文，下同） 普通投资者如何参与 美股创新药投资? # " 热门直播 NO.1：中欧基金 NO.2： 中国基金报 NO.3： 中国基金报 619 投资金句 本期最受欢迎媒体号 | # | 媒体号名称 | | --- | --- | | 1 | 中信保诚基金 | | 2 | 景顺 | | 3 | 花直著等 | | ব | 天风证券投教基地 | | 5 | 长城基金 | 本期最具潜力媒体号 | # | 媒体号名称 | | --- | --- | | 1 | 国泰基金 | | 2 | 德邦证券投教基地 | | 3 | 创金合信基金 | | 4 | 中欧基金 | | 5 | 华安基金 | 杨梦 博道基金 本周热度 最终放到三到五年的长期维度去看，只要选股方法得当，优秀的主动权益基金与优秀的量化增强基金，大家都能获得理想的超额收益，并不存在投资方法 上孰优孰劣。 相关资讯 博道基金杨梦： 打造"长青"竞争力（12.8） ...

# " 趣投教 | # " 当期热文 | | --- | | NO.1 中信保诚基金 | | 市场"慢牛"与投资"求真"——中信保诚基金2026年展望：基本面、科技、新消费与出 海 | | NO.2 景顺 | | 景观宏图 日本国债收益率快速上升与日元贬值 | | NO.3 华夏基金 | | 市场波动加剧，如何把握年底投资机会？听听定投团的基金经理们怎么说 | （点击文章标题跳转原文，下同） # " 热转好文 NO.1 天风证券投教基地 ETF课堂 | ETF进阶课堂vol.91 创新药指数的区别体现在哪里？ NO.2 长城基金 长城"科技+"：科技仍是市场引擎，持续关注AI应用 NO.3 国泰基金 降息预期下的金银抉择 德邦证券投教基地 《财商老友记》第5集：古厝话理财 创金合信基金 普通投资者如何参与美股创新药投资？ 长城基金 投资观察室 | 长城基金曲少杰——美股科技行情有望延续，大模型、芯片制造等核心环节或维持高 景气 # " 热门直播 NO.1： 中欧基金 看见·中欧基金2026年度投资策略会 年末收官，2026债券投资新机遇和新选择！ | # | 媒体号名称 | | --- | --- | | 1 ...

Group 1: Public Fund Activity - Yifangda Fund has been actively purchasing 11 H-shares of brokerage firms, including China Galaxy and Huatai Securities, driven by a surge in the scale of its Hong Kong securities ETF [3] - The most purchased stock is China Galaxy, with a total of 13.6555 million shares acquired [3] - H-shares of brokerage firms have shown stronger performance compared to A-shares, with analysts noting a discount in H-share valuations that is attracting more capital [3] Group 2: Foreign Investment Changes - Ray Dalio has completely exited Bridgewater Associates by selling his remaining shares and stepping down from the board [4] - The sale of Dalio's shares marks an ideal endpoint in the ownership transition process of Bridgewater, with the firm repurchasing his shares and issuing new stock to the Brunei Investment Agency [5] Group 3: Bond Fund Market Dynamics - The bond market has experienced significant redemptions, with nearly 40 bond funds announcing large redemptions since July, attributed to a shift in risk appetite [6] - The bond market is expected to maintain a volatile pattern in the medium term, with a focus on short-term recovery opportunities [6] Group 4: Personal Pension Fund Growth - Personal pension funds have seen significant growth in both performance and scale, with the total scale reaching 12.41 billion yuan, a 35.7% increase from the end of last year [8] - The highest performing personal pension fund Y-share has achieved over 20% returns this year, indicating a positive trend in the sector [8] - The personal pension system is expected to become a market-driven engine to address aging population issues, supported by tax incentives and fee reductions [8] Group 5: Regulatory Actions - Shanghai Bank was fined over 29 million yuan for multiple business violations, with the penalties stemming from a 2021 comprehensive enforcement inspection [9] - The bank has stated that it has rectified all issues in accordance with regulatory requirements and will continue to enhance compliance management [9] Group 6: ETF Fund Inflows - On July 30, stock ETFs saw a net inflow of 7.5 billion yuan, with significant inflows into the ChiNext index and related Hong Kong ETFs despite recent market adjustments [12] - Since July, net inflows into Hong Kong securities, internet, pharmaceutical, and technology ETFs have reached 30 billion yuan [12] Group 7: Company Developments - Huayuan Fund announced a capital increase of 4.68 million yuan, raising its registered capital to 104.68 million yuan, despite its public management scale remaining stagnant [13][14] - Five Minerals Securities appointed a new chairman, Zheng Yu, marking a generational shift in leadership within the firm [17] Group 8: Financial Institution Changes - Central Huijin has acquired 9 billion shares of China Agricultural Reinsurance, becoming the controlling shareholder with a total stake of 55.9% [18][19] Group 9: Stock Market Movements - The stock of Upwind New Materials, which has seen a tenfold increase, was suspended for trading due to significant price fluctuations [20] - Berkshire Hathaway sold one-third of its shares in VeriSign, realizing a return of over five times since its initial investment [22] Group 10: Private Equity Actions - Dongfang Hongwan, led by Dan Bin, has reduced its holdings in Nvidia while increasing positions in Alphabet, Netflix, and Tesla [24]