Market Overview - The A-share market experienced a correction from June 9 to June 13, with the major indices showing varied performance. The Sci-Tech 50 index led the decline, falling by 1.89%, while the low-valuation blue-chip indices were relatively resilient, with the CSI 300, CSI 1000, and SSE 50 down by 0.25%, 0.76%, and 0.46% respectively. Market sentiment was pressured by liquidity fluctuations [2] - The overall market saw a rotation among sectors, with funds favoring large-cap value stocks that have stable performance, while growth sectors faced valuation pressures. The Shanghai Composite Index decreased by 0.25%, the Shenzhen Composite Index fell by 0.60%, and the ChiNext Index rose by 0.22% [2] Sector Performance - Approximately 64% of the Wind 100 Concept Index rose last week, with 42% of sectors achieving positive returns. Notably, the non-ferrous metals, oil and petrochemicals, and agriculture sectors performed well, increasing by 3.79%, 3.50%, and 1.62% respectively. Conversely, sectors such as building materials, household appliances, and food and beverage saw significant declines, dropping by 2.77%, 3.26%, and 4.37% respectively [2] - The Wind primary industry index recorded an average increase of 1.11%, with leading sectors including energy (2.27%), healthcare (1.45%), and utilities (0.45%). In contrast, consumer staples (-3.14%), real estate (-1.61%), and industrials (-0.37%) underperformed [11] Fund Issuance - A total of 15 funds were issued last week, comprising 4 equity funds, 6 mixed funds, 4 bond funds, and 1 fund of funds (FOF), with a total issuance of 8.934 billion units [2][14] Global Asset Review - Global asset prices showed a positive trend last week, with U.S. stock indices rising due to favorable economic data, strong corporate earnings, and market expectations regarding the Federal Reserve's monetary policy. European markets exhibited mixed results, while the Asia-Pacific region saw gains, particularly in South Korea due to economic recovery expectations [3] - In the commodities sector, energy prices rebounded sharply due to geopolitical events, while natural gas prices fell due to increased supply and seasonal demand changes. Precious metals like gold and silver saw price increases, whereas copper prices slightly declined [3] Domestic Bond Market - The domestic 10-year and 30-year government bond futures rose by 0.11% and 0.65% respectively, indicating a growing preference for medium to long-term assets. The overall long-term interest rates in China remained at historical lows [12]

Core Viewpoint - The 30-year Treasury ETF (511090) has shown positive performance with a recent price of 123.08 yuan and a liquidity turnover of 8.05%, indicating strong market interest and trading activity [1]. Group 1: Scale and Performance - The latest scale of the 30-year Treasury ETF reached 17.667 billion yuan, marking a new high in the past month [2]. - The ETF's latest share count is 14.4 million shares, also a new high in the past month [3]. Group 2: Fund Flows and Market Outlook - Over the past five days, the 30-year Treasury ETF has experienced continuous net inflows, with a maximum single-day net inflow of 1.075 billion yuan, totaling 1.759 billion yuan, averaging 352 million yuan daily [3]. - According to the research team at China International Capital Corporation (CICC), macro policies are expected to be further relaxed, with potential interest rate cuts anticipated in the second and third quarters, which may enhance liquidity in the market [3]. Group 3: Investment Characteristics - The 30-year Treasury ETF is considered a valuable tool for portfolio management, offering low trading thresholds for individual investors, with a minimum transaction unit of 100 shares, approximately 10,000 yuan [4]. - The ETF provides high trading efficiency with instant execution and T+0 intra-day trading capabilities, supported by multiple market makers ensuring ample liquidity [4].