今天净值出来了。 场内ETF账户亏损0.7万（资产260万）； 场外基金账户亏损1.4万（资产550万）； 两个账户合计亏损2.1万， 周一盈利5.7万，周二亏损2.1万，本周还剩3.6万浮盈。 听说银行下架五年期大额存单了。 银行都不缺钱了，市场降息又有盼头了。 （一） 答案是可以的，接下来给大家具体聊聊 （1）2月初的时候，博格写了一篇文章详细介绍了现金流ETF。 特别强调了：在国债利率持续降低的大背景下，投资者都开始尝试配置稳定分红的资产替代国债。现金流是分红的基石，所以未来分红最稳定的一定是现 金流指数。 | | 现金流ETF(159399)分红记录 | | | | --- | --- | --- | --- | | 收益分配 | 单位分红 | | 分红比例 | | 基准日 | (元) | 单位净值(元) | (%) | | 2025-03-05 | 0.001 | 1.0013 | 0.100% | | 2025-04-02 | 0.003 | 1.0121 | 0.296% | | 2025-04-28 | 0.0029 | 0.9828 | 0.295% | | 2025-06-03 | 0.0 ...

Report Industry Investment Rating - The investment rating for LLDPE is "Oscillation-based" [1] Report's Core View - The LLDPE market is in an oscillating trend. The short - term downward driving force is weak due to the rebound of crude oil prices at the raw material end, cost changes of PE, and strong rigid demand support from downstream industries, but the supply - side pressure will gradually increase later [1][2] Summary by Relevant Catalogs Fundamental Tracking - Futures: The closing price of L2601 yesterday was 6969, with a daily decline of 0.07%. The trading volume was 229,753, and the open interest decreased by 2302 [1] - Basis and Spread: The basis of the 01 contract was - 59 yesterday, compared with - 99 the day before; the spread between the 01 and 05 contracts was - 52 yesterday, compared with - 45 the day before [1] - Spot Prices: In the north, the price was 6910 yuan/ton yesterday (6900 yuan/ton the day before); in the east, it was 6980 yuan/ton yesterday (6950 yuan/ton the day before); in the south, it was 7180 yuan/ton yesterday (7100 yuan/ton the day before) [1] Spot News - The market price of LLDPE fluctuated slightly, with a range of 10 - 50 yuan/ton. The linear futures opened higher but oscillated weakly during the session. The market atmosphere was cautious, and traders quoted prices according to their own inventories. The enthusiasm of downstream buyers declined, and transactions were negotiated [1] Market Condition Analysis - Raw Material: The price of crude oil at the raw material end rebounded, and PE followed the cost changes [2] - Supply: The maintenance volume in October decreased compared with September, and Guangxi Petrochemical may start trial production, so the supply - side pressure will gradually increase later [2] - Inventory: The market trading atmosphere improved, and the inventory was successfully transferred downstream. The inventories of production enterprises and social sample warehouses both decreased, but the impact of the China - US talks on market purchasing sentiment needs attention [2] Trend Intensity - The trend intensity of LLDPE is 0, indicating a neutral trend [3]

Market Overview - The stock indices experienced significant declines, with the Shanghai Composite Index falling below 3900 points and the ChiNext Index dropping over 5% at one point [1] - At the close, the Shanghai Composite Index decreased by 0.94% to 3897.03 points, the Shenzhen Component Index fell by 2.7% to 13355.42 points, and the ChiNext Index declined by 4.55% to 3113.26 points [1] - The STAR 50 Index saw a drop of 5.61%, with total trading volume across the Shanghai and Shenzhen markets reaching 25,345 billion yuan [1] Sector Performance - The semiconductor sector experienced a significant downturn, with declines in non-ferrous metals and chip stocks [1] - Conversely, sectors such as gas, coal, steel, agriculture, food and beverage, oil, and real estate showed gains [1] - Financial sectors including insurance, banking, brokerage, and liquor also saw upward movement [1] Market Sentiment and Future Outlook - According to China International Capital Corporation (CICC), the market is currently in a consolidation phase that has persisted since late August, and a trend-driven market may require new catalysts [1] - Despite the downward pressure, the risk of further declines is considered limited due to several important changes that have previously heightened market liquidity [1] - The upcoming Fourth Plenary Session of the 20th Central Committee in October is expected to review the "14th Five-Year Plan" proposals, which may support market expectations [1]

Group 1 - A-shares opened lower with the Shanghai Composite Index down 0.04% and the ChiNext Index down 0.16%, while sectors like liquor and oil extraction showed activity, and rare earth permanent magnets and innovative drugs faced declines [1] - Huaxi Securities focuses on the upcoming Lujiazui Forum on June 18, expecting the release of significant financial policies that could support the A-share market's upward momentum [1] - The recent negotiations between China and the US align with market expectations, but geopolitical tensions in the Middle East are impacting global risk appetite, leading to short-term fluctuations in A-shares [1] Group 2 - China Galaxy Securities anticipates that the A-share market will likely maintain a volatile trend in the short term, emphasizing the importance of structural opportunities [2] - Despite external uncertainties, domestic economic resilience is expected to strengthen due to ongoing policy support, with a notable trend of residents reallocating wealth towards financial assets [2] - The expansion of equity public funds and the influx of medium to long-term capital are expected to contribute to a stable and improving funding environment for A-shares [2] Group 3 - Shenwan Hongyuan suggests that stable capital market policies provide a "buffer" against macro disturbances, allowing for a focus on sector performance rather than macroeconomic analysis [3] - The primary downside risk for the market is linked to long-term transmission chains, particularly if the US economy underperforms, which could delay improvements in A-share supply-demand dynamics [3] - The process of validating China's global competitiveness is seen as a phase for optimistic expectations to develop, although this may also introduce potential disturbances as market conditions change [3]