今日市场全天震荡调整，高位股集体走弱，板块题材上，半导体、电池、贵金属、算力硬件、光伏设备板块跌幅居前，燃气、纺织制造、煤炭、 港口航运、猪肉、水泥建材、电网设备板块涨幅居前；港股集体下挫，科技板块跌幅居前。截至收盘，中证A500指数下跌2.3%，沪深300指数下 跌2.0%，创业板指数下跌4.6%，上证科创板50成份指数下跌5.6%，恒生中国企业指数下跌1.8%。 跟踪恒生中国企业指数 该指数由在港上市中国内地企 业中50只市值大、成交活跃的 股票组成,指数行业覆盖较为 广泛,可选消费、金融、信息 技术、能源行业合计占比超 85% ▽日 该指数涨跌 -1. 8% 该指数 滚动市盈率 该指数自2002年 以来估值分位 66. 7% | 沪深300指数由沪深市场中规 | ▽日 | 该指数 | 该指数自2005年 | | --- | --- | --- | --- | | 模大、流动性好的300只股票 | 沪深300指数涨跌 | 没动而留学 | 发布以来估值分位 | | 组成,完整覆盖11个中证一级 | | | | | 行业 | -2. 0% | 14. 4倍 | 67. 8% | | 中证A500指数由各行业市 ...

Group 1 - On September 29, the company reported the launch of the CCB Schroder CSI Selected Hong Kong and Shanghai Technology 50 ETF, marking a significant return to ETF offerings after 14 years since the establishment of the CCB ShenZhen 300 Value ETF in September 2011 [1][2][4] - The ETF aims to reflect the performance of 50 technology companies with strong research capabilities and good fundamentals selected from the mainland and Hong Kong markets, with the top five sectors being electronics, machinery, communications, power equipment, and computers [4] - The company currently has only two existing ETF products, with the latest sizes being 227 million and 63 million respectively for the CCB 180 Governance ETF and the CCB ShenZhen 300 Value ETF [4] Group 2 - On September 25, another active equity firm, Xingzheng Global Fund, submitted its first ETF product application, the Xingzheng Global CSI 300 Quality ETF, indicating a trend among active managers to expand into the ETF market [5] - The ETF market in China has seen significant growth, with total ETF assets increasing from 373 billion at the beginning of the year to 547 billion by September 26, representing a growth rate of over 46% [6] - Major fund companies like Huaxia Fund and E Fund have ETF management scales exceeding 800 billion, while others like Huatai-PB Fund and Southern Fund have also seen substantial growth in their ETF management scales [6][7]

Group 1 - On September 29, the company reported the launch of the CCB Schroder CSI Selected Hong Kong and Shanghai Technology 50 ETF, marking a significant return to the ETF market after 14 years since the establishment of the CCB Schroder Shenzhen 300 Value ETF in September 2011 [1][2][4] - The ETF aims to reflect the performance of 50 technology companies with strong research capabilities and good fundamentals selected from the mainland and Hong Kong markets, with the top five industries by weight being electronics, machinery, communications, power equipment, and computers [4] - The ETF market in China has seen significant expansion, with total ETF assets increasing from 373 billion to 547 billion this year, representing a growth of over 46% [6] Group 2 - On September 25, another active equity firm, Xingzheng Global Fund, submitted its first ETF product, the Xingzheng Global CSI 300 Quality ETF, indicating a trend among active managers to diversify into ETF offerings [5] - Major fund companies such as Huaxia Fund and E Fund have seen their ETF management scales exceed 800 billion, while other firms like Huatai-PB and Southern Fund have also reported substantial growth in their ETF assets [6][7] - Several "super products" in the ETF market have attracted significant capital this year, with the Fortune CSI Hong Kong Internet ETF leading with an increase of over 70 billion, followed by other major ETFs with substantial growth figures [7]

在A股行情持续活跃的背景下，目前已有超50只公募基金在十一假期后定档发行。其中，"含权"基 金占据主流，被动指数型基金、偏股混合型基金的新发数量都在10只以上，财通基金金梓才、国金基金 姚加红、中欧基金蓝小康、汇添富基金马翔等知名基金经理均将"挂帅"。 今年前三个季度，公募基金的新发总数突破1100只，已接近2024年全年水平，尤其是今年第三季度 新发基金数量较此前明显增加，7月至9月的月度新发产品数量都在150只左右。此外，近期新产品上报 亮点不断。例如，兴证全球基金上报了首只ETF产品——兴证全球沪深300质量ETF；在多元资产配置 理念影响下，多家基金公司上报了FOF产品。 "蓄力"节后新发基金 十一假期前，公募行业已经开始布局节后的新发计划。Wind数据显示，目前，10月已定档发行的 新基金多达50只以上，仅10月9日启动发行的就接近20只产品。并且，在A股行情持续活跃的背景下， 10月新发的公募基金中"含权"产品占据主流。 其中，被动指数型基金10月待发行数量排在榜首，多达19只，标的指数既包括创业板综、创新能 源、航空航天、科创50等成长风格指数，又包括A500红利低波、红利低波100、中证红利、 ...

Core Insights - The public fund industry in China is experiencing a significant revival, with over 50 new public funds scheduled for issuance after the National Day holiday, primarily focusing on "rights-containing" products [1][2][4] - The number of newly issued public funds has surpassed 1,100 in the first three quarters of this year, nearing the total expected for 2024, with a notable increase in the third quarter [4] - Major fund managers are leading the issuance of new products, including well-known names such as Jin Zicai from Caitong Fund and Yao Jiahong from Guojin Fund [2][4] Fund Issuance Trends - In October, more than 50 new public funds are set to be issued, with nearly 20 products launching on October 9 alone [2] - Passive index funds dominate the new offerings, with 19 planned for issuance, covering various growth and dividend style indices [2] - Active equity products are also gaining traction, with 12 new mixed equity funds scheduled for release [2] Fundraising Limits - Several upcoming public fund products have set initial fundraising caps, such as 1 billion yuan for some funds and 2 billion yuan for others [3] Market Performance - The A-share market's upward trend has led to a significant increase in public fund issuance, with monthly new product numbers rising from around 120 in Q2 to approximately 150 in Q3 [4] - The number of newly issued passive index funds has exceeded 480 in the first three quarters, with index-enhanced funds also seeing substantial issuance [4] Investor Interest - The AI sector has attracted considerable investor interest, as evidenced by the high subscription rates for newly launched AI-related funds [5] New Product Developments - Xingsheng Global Fund has reported its first ETF product, the Xingsheng Global CSI 300 Quality ETF, marking a significant move into the ETF space [6] - The FOF (Fund of Funds) market is also seeing increased activity, with over 20 new FOF products reported since September, reflecting a growing demand for diversified asset allocation [6][7]

十一假期前，公募行业已经开始布局节后的新发计划。Wind数据显示，目前，10月已定档发行的新基 金多达50只以上，仅10月9日启动发行的就接近20只产品。并且，在A股行情持续活跃的背景下，10月 新发的公募基金中"含权"产品占据主流。 其中，被动指数型基金10月待发行数量排在榜首，多达19只，标的指数既包括创业板综、创新能源、航 空航天、科创50等成长风格指数，又包括A500红利低波、红利低波100、中证红利、港股通央企红利等 红利风格指数，此外还有上证180、上证380、上证580、中证500等系列宽基指数。 □本报记者 王鹤静 在A股行情持续活跃的背景下，目前已有超50只公募基金在十一假期后定档发行。其中，"含权"基金占 据主流，被动指数型基金、偏股混合型基金的新发数量都在10只以上，财通基金金梓才、国金基金姚加 红、中欧基金蓝小康、汇添富基金马翔等知名基金经理均将"挂帅"。 今年前三个季度，公募基金的新发总数突破1100只，已接近2024年全年水平，尤其是今年第三季度新发 基金数量较此前明显增加，7月至9月的月度新发产品数量都在150只左右。此外，近期新产品上报亮点 不断。例如，兴证全球基金上报了首只E ...

编者按：《机警理财日报》作为南财集团、21世纪经济报道、南财理财通的金牌理财专栏，目前细分了现金、纯固收、固收+期权、固收+权益、 混合、权益、衍生品七大类，已实现对银行理财市场的每日追踪。为了进一步反映银行理财行业发展现状，南财理财通课题组增设机警理财周报 专题，力求及时准确研判理财行业趋势、洞悉理财产品表现，以期为银行理财行业转型发展带来参考价值。 【市场回顾】 上周债市震荡，资金面均衡偏紧。9月19日DR007加权均价为1.5096%，10年期国债收益率收至1.88%。A股宽幅震荡，创业板指数、科创50指数周 涨幅分别为2.34%和1.84%，上证指数、沪深300指数周跌幅分别为1.30%、0.44%，电子、房地产、机械设备板块周涨幅居前。 【破净情况】 破净产品数量维持在低位。南财理财通数据显示，截至2025年9月21日，理财公司共有26,354只存续公募理财产品，其中285只累计净值低于1，银 行理财综合破净率为1.08%。权益类、混合类理财破净率分别为18.37%和3.04%，固定收益类公募理财破净率为0.95%。 各期限人民币固定收益类理财产品破净率维持在较低水平。其中，2—3年期限和1—2年期 ...

以下文章来源于教你挖掘基 ，作者冰姐 投资理财有方法，我们手把手教你挖掘牛基~ 近来，上证指数刷新了十年新高，市场情绪却显得颇有些复杂。有人扼腕叹息"满仓踏空"，有人无奈调侃"我在XX躲牛 市"…… 红与绿的对比，热与冷的体感，成为了当下基民圈子里最真实的共鸣。 今天不想只谈行情的涨跌，更想和大家聊聊： 当指数与账户分化，我们该如何读懂市场的语言？ 又该如何在变化的浪潮中，守住投资的锚点？ 教你挖掘基 . 01 当指数新高≠账户新高 —— 愈演愈烈的分化与底层逻辑的变迁 近来身边不断有好友向笔者抱怨，自己的持仓是大盘上涨岿然不动，大盘调整溃不成军。 这种两头挨揍的感受，本质是市场生态的重构。这一轮大涨中，以往我们所熟悉的龙头搭台、补涨跟进的轮动节奏并未出 现。取而代之的，是强者更强、主线持续聚焦的结构。 数据无声，却道尽真相。9月初，上证综指已经刷新了10年新高，但大多数行业仅触及2020-2021年的阶段性高点，只有银 行、电子、通信、有色金属、家用电器、食品饮料等少数行业超越了2015年水平。这意味着，指数新高的大旗是由少数行 业扛起，而非雨露均沾。 | 申万一级行业 | 今年以来 | 15年5178点 ...

Core Viewpoint - The article discusses the investment landscape in the context of the robotics sector, emphasizing the advantages of ETF investments over individual stock trading, particularly in a high-volatility market like A-shares [3][5]. Group 1: Investment Strategy - The article highlights that the A-share market is characterized by high volatility and long-term low returns, suggesting that passive investment strategies, such as ETFs, are more effective for most investors [3][5]. - It mentions that the majority of returns in the A-share market come from ETF index funds rather than individual stocks, due to the intense competition and speculation in individual stock trading [3][5]. - The author plans to introduce a series of analyses on index investments, focusing on themes of interest to potentially include in their portfolio [3][5]. Group 2: Robotics ETF Analysis - The article focuses on the robotics ETF as a significant investment theme, driven by trends such as aging populations, automation, and the upgrading of manufacturing processes [5][8]. - It notes that the largest segment within the robotics sector is humanoid robots, with Tesla being a key player in this narrative [5][8]. - The article provides data on the performance of a specific robotics ETF, which has seen its scale exceed 10 billion yuan and a return of 66% since inception, largely due to the high representation of humanoid robot-related stocks [8][12]. Group 3: ETF Performance Metrics - The article presents performance metrics for the robotics ETF, indicating a year-to-date increase of 43.29% and a one-year return of 102.87%, outperforming the average of similar funds [12]. - It highlights the increasing institutional ownership in the ETF, which rose to 44.19% as of June 30, 2025, compared to 37.20% at the end of 2024 [13]. - The article discusses the valuation metrics of the robotics sector, indicating that current PE and PB ratios are relatively high, reflecting strong future growth expectations from investors [15]. Group 4: Future Outlook - The article suggests that the robotics industry is a "faith-based" sector with high growth and high expectations, but also significant volatility [15]. - It anticipates that practical applications in the robotics field may begin to materialize by Q4 2025, with potential catalysts including the release of Tesla's next-generation robot [15]. - The recommendation is to maintain a watchful eye on the sector and consider gradual entry at reasonable costs while waiting for long-term developments [15].

Group 1 - The event series aims to promote high-quality development of public funds in Beijing, enhancing its role as a national financial management center [1] - The activities will include multi-level and multi-form interactions to drive the transformation and upgrading of the public fund industry, improve service capabilities for the real economy, and strengthen investor education and protection [1][7] - As of the end of August, Beijing has 36 public fund companies and 3 public fund managers, with a total asset management scale of 81,433.18 billion yuan across 2,986 public fund products [7] Group 2 - The lecture by Huaxia Fund's senior strategy analyst focused on the basics of index funds and investment strategies, discussing global asset allocation through index investment tools [3] - Students expressed that they gained a deeper understanding of index fund mechanisms and market performance, broadening their financial perspectives [5] - Huaxia Fund has established a comprehensive investor education service system, covering various public fund products and targeting different life stages of investors [8] Group 3 - Huaxia Fund's investor education initiatives include a structured curriculum, diverse offline activities, a multi-level communication system, and a dedicated investor education base [8] - The company conducts targeted thematic research to understand investor satisfaction and improve educational efforts [9]