昨日沪深两市的融资融券余额为26122.22亿元，其中融资余额25947.67亿元，融券余额174.54亿元。两市融资融券余额较前一交易日增加157.05亿元。分市场 来看，沪市两融余额为13177.58亿元，相较前一交易日增加77.48亿元；深市两融余额12944.64亿元，相较前一交易日增加79.58亿元。 两市共有3475只个股有融资资金买入，其中寒武纪、中际旭创、蓝色光标排名前三，买入金额分别39.7亿元、24.61亿元、22.6亿元。融资买入额前10个股详 情见下表： | 代 周 | 课名称 | 融资买入额(亿元 | | --- | --- | --- | | 688256.SH | 寒武纪 | 39.7 | | 300308.SZ | 中际旭创 | 24.61 | | 300058.SZ | 蓝色光标 | 22.6 | | 300136.SZ | 信维通信 | 21.42 | | 601318.SH | 中国平安 | 19.64 | | 002202.SZ | 金风科技 | 17.88 | | 300476.SZ | 胜宏科技 | 17.45 | | 002195.SZ | 岩山科技 | 17.1 ...

从产品结构来看，权益类基金占据绝对主导地位。今年新发的股票、偏股混合型等权益类基金共1109 只，占新发基金总数的71.41%。 【深圳商报讯】(记者陈燕青)公募排排网数据显示，按认购起始日统计，全年新成立公募基金产品共计 1553只，同比增长35.87%，创下近4年发行数量新高。与此同时，新基金平均认购天数为16.41天，较去 年缩短超6天，也从侧面反映出市场热情高涨。 对此，融智投资FOF基金经理李春瑜表示，今年新基发行数量与效率双升的主要原因包括：一是权益市 场行情向好，市场热情高涨推动发行加速，平均认购天数显著缩短。二是被动投资趋势深化，指数化工 具需求旺盛，审批提速与ETF扩容，被动指数型股票基金成为发行主力。三是行业头部机构引领，大型 公募机构密集布局，尤其在权益及指数领域重点发力，形成发行集中效应。 ...

【深圳商报讯】(记者詹钰叶)基金新发市场再现高潮。目前超过110只新基金正在发行中，还有近20只 基金确定将在本月启动发行。今年以来成立的新基金超过1500只，远超去年全年数据；发行规模接近 1.1万亿元，逼近去年全年。 同花顺（300033）数据显示，截至12月11日，目前正在发行的新基金共有111只(不同份额合并统计)， 其中超过半数为权益类基金：被动指数型股票基金有26只、偏股混合型基金20只、增强指数型股票基金 18只、普通股票型基金3只、灵活配置型基金1只；固收产品方面，混合债券型基金(二级)有16只、偏债 混合型基金8只、中长期纯债券型基金4只、被动指数型债券基金1只、混合债券型基金(一级)1只。还有 18只新基金明确"定档"本月，其中被动指数型股票基金6只、偏股混合型3只、增强指数型股票基金1 只。 截至记者发稿，今年以来成立的新基金共有1531只，数量创下2022年以来的新高，合计发行规模为 10963.06亿元；去年全年共成立1116只基金，合计发行规模接近1.18万亿元。年内权益基金占新发基金 的比例有所提高：今年以来新成立的股票型基金有795只，较去年全年(下同)增加341只；发行规模为 ...

整体来看，38只新基金平均认购天数为18.37天，较三季度末的35天大幅缩短。 本周新基金中认购天数最短为1天，为鑫元鑫选盈泰进取配置3个月持有期混合型发起式基金中基金（ETF-FOF）。 【导读】本周38只新基金启动募集，指数基金仍是"主力军" 本周（12月8日—12月12日），全市场共38只新基金面向投资者公开发行。 38只扎堆在本周发行 数据显示，本周38只新基金中，29只在周一启动发行，占本周新基金的76.32%；周二、周三、周四分别有4只、3只和2只基金开始认购，周五暂时没有新 基金启动发行。 从认购天数来看，本周新基金中，认购天数较长的达到89天，一只是路博迈港股通科技股票型证券投资基金，另一只是富达中债高等级科技创新及绿色债 券指数证券投资基金。其次是恒生前海港股通科技成长混合型证券投资基金，认购天数为47天。 还有5只为增强指数型基金，分别为华夏沪深300指数量化增强型证券投资基金、建信创业板综合增强策略ETF、招商上证综合增强策略ETF、英大上证科 创板综合指数增强型发起式证券投资基金，以及长江中证全指指数增强型发起式证券投资基金。 本周新基金中还有8只混合型FOF、7只主动权益型基金密集发 ...

Core Viewpoint - This week, a total of 38 new funds were launched for public subscription, with index funds being the main focus of the market [2][6]. Fund Issuance Overview - Among the 38 new funds, 29 were launched on Monday, accounting for 76.32% of the total new funds for the week. The remaining funds were issued on Tuesday (4), Wednesday (3), Thursday (2), and no new funds were launched on Friday [4]. - The average subscription period for the new funds this week was 18.37 days, significantly shorter than the 35 days at the end of the third quarter. The longest subscription period was 89 days for two specific funds, while the shortest was just 1 day for a fund [5]. Fund Target and Types - Out of the 38 new funds, 22 disclosed their fundraising targets. The highest target was set at 8 billion units for several funds, including those from E Fund and Huaxia Fund. The lowest target was 1 billion units for two funds [5]. - Index funds played a significant role, with 12 new index funds launched, making up 33.33% of the total new funds. This included 7 passive index funds and 5 enhanced index funds [7][8]. Market Trends - The overall market for new fund issuance has shown significant improvement, with a notable increase in equity fund subscriptions. The issuance difficulty has decreased, indicating a more favorable environment for fund launches [9]. - Recent regulatory changes by the China Securities Regulatory Commission (CSRC) have optimized the ETF registration and listing process, further stimulating market activity [9].

二、融资融券情况 昨日沪深两市的融资融券余额为24645.56亿元，其中融资余额24475.28亿元，融券余额170.29亿元。两 市融资融券余额较前一交易日增加26.8亿元。分市场来看，沪市两融余额为12547.4亿元，相较前一交易 日增加4.89亿元；深市两融余额12098.16亿元，相较前一交易日增加21.91亿元。 两市共有3456只个股有融资资金买入，其中中际旭创、新易盛、胜宏科技排名前三，买入金额分别 44.28亿元、34.97亿元、20.77亿元。融资买入额前10个股详情见下表： 一、证券市场回顾 南财金融终端数据显示，昨日（11月27日，下同）上证综指日内上涨0.29%，收于3875.26点，最高 3895.59点；深证成指日内下跌0.25%，收于12875.19点，最高13082.77点；创业板指日内下跌0.44%，收 于3031.3点，最高3113.44点 | 代码 | 股票名称 | 融资买入额(亿元) | 所属中万行业 | | --- | --- | --- | --- | | 300308.SZ | 中际旭创 | 44.28 | 通信 | | 300502.SZ | 新易盛 | 34. ...

Core Insights - This week, 21 new funds are set to launch, primarily focusing on equity funds, although their proportion has decreased compared to previous weeks [1][4]. Fund Issuance Overview - A total of 21 new funds will be publicly offered this week, with 15 of them launching on Monday, accounting for over 70% of the week's total [2]. - The longest subscription period among these funds is three months, with funds like Hengsheng Qianhai Growth Power and Morgan Stanley's Tianyi [2][3]. - The average subscription period for the new funds is 23.29 days, which is longer than in previous weeks, likely due to recent market adjustments [3]. Fund Types and Categories - Equity funds remain the dominant type, with 11 out of 21 new funds classified as equity, although their share has declined [4]. - Among the equity funds, there are five index funds and three enhanced index funds, with the former making up over 45% of the equity category [4]. - Three actively managed equity funds are also being launched, all of which are mixed funds [5]. Fixed Income and Other Funds - The bond market has seen a slowdown in fund issuance, with no pure bond funds launched this week; however, seven secondary bond funds are debuting [6]. - A total of eight "fixed income plus" funds are being introduced this week, making up nearly 40% of the new offerings [6]. Fund Details - Specific funds include the China Post North 50 Index Enhanced Fund with a minimum fundraising target of 1 billion units, and several other funds with targets ranging from 10 billion to 80 billion units [3][7]. - Notable funds launching include the Dachen CSI 800 Index Enhanced Fund and the Guotai Junan Stable Xin Yi Fund, among others [7].

Core Insights - The number of new funds issued this year has reached 1,371 as of November 11, marking a three-year high and surpassing the total for both 2023 and 2024, with only 2022's total of 1,424 funds remaining slightly higher [1][2] - Despite the high number of new fund issuances, the total fundraising scale is relatively low, with a total of approximately 965.3 billion yuan, the lowest since 2019, and an average fundraising scale of only 782 million yuan [1][5] - The prevalence of initiator funds this year, with 334 new funds launched in this format, indicates a trend towards smaller, more numerous fund offerings, aligning with the "small but many" characteristic [1][4] Fund Issuance Characteristics - The surge in stock fund issuance, with 761 new stock funds launched, represents a historical record, significantly higher than the 470 funds issued in 2024, with passive index funds dominating this category [2][4] - The majority of stock funds issued this year are index funds, with 735 out of 761 being either passive or enhanced index funds, accounting for 97% of the total stock fund issuance [2] Market Dynamics - The current fund issuance trend reflects a rational approach, as evidenced by the smaller average fund sizes and the absence of "hot" funds, indicating a lack of investor frenzy [4][5] - The low fundraising scale is attributed to two main factors: the predominance of index funds, which do not showcase star fund managers, and the absence of a significant profit effect in the market, leading to low participation from retail investors [5]

Summary of Key Points Core Viewpoint - This week, 33 new funds are set to launch, with equity funds making up two-thirds of the total offerings, reflecting a strong interest in equity investments amid market fluctuations [1][4]. Fund Launch Details - A total of 26 out of the 33 new funds will start issuing on Monday, November 17, accounting for 78.79% of the week's new funds. The average subscription period for these new funds is 21.27 days, which is longer than previous periods, likely due to recent market conditions [2][4]. - The longest subscription period is for the China Aviation Xiangtai 6-month closed fund at 89 days, while the shortest is for the浦银安盛港股通消费 and 广发上证科创板100增强策略ETF联接 at just 5 days [2]. Fund Types and Goals - Among the new funds, 22 are equity funds, representing two-thirds of the total. There are 10 index equity funds, with two tracking the CSI 500 index. The funds also include a variety of themes such as high dividend and technology growth [4][5]. - 18 of the new funds have specified fundraising targets, with five aiming for 8 billion units. The lowest target is set at 1 billion units for two specific funds [3]. Fixed Income and FOF Products - In the fixed income category, only 7 new bond funds are being launched, indicating a decline in interest for pure bond funds as equity markets recover. However, "fixed income plus" funds are gaining traction [6][7]. - Four mixed-asset FOF products are also being introduced this week, reflecting a growing investor preference for diversified investment strategies. The average return for FOFs that have been established for over six months is 14.29% [8][9].

Group 1 - The number of newly established stock funds has increased significantly this year, with 720 funds established as of November 10, representing a nearly 60% increase compared to the total for last year [1][2] - The proportion of stock funds in the new fund issuance has reached 37%, marking a substantial increase from the previous year, with index funds contributing the majority of this growth [1][2] - The total number of new funds issued this year is expected to reach a near-record high, with 1,371 funds already established as of November 10 [1] Group 2 - The market has seen a resurgence in fund issuance, with 39 new funds scheduled for release this week, reflecting a week-on-week increase of 5.41% [1] - The average fundraising duration for new funds has decreased to 16.92 days, indicating a rise in market enthusiasm [1] - The top 20 newly issued stock funds this year are all index funds, with the 华夏上证科创板综合ETF联接基金 leading the issuance at 4.892 billion yuan [3]