年内新发基金创近三年新高 平均募集规模仅为7.82亿元 截至11月11日，今年以来全市场新发基金数量已达1371只，创近三年新高。与火热的发行数量形成鲜明 对比的是，新基金平均募集规模仅为7.82亿元。这一"数量增+平均规模减"的现象，勾勒出2025年公募 基金发行市场的深刻变局。业内人士认为，2025年公募基金发行市场已从依靠明星基金经理和爆款单品 驱动的模式，彻底转向了以"工具化、细分化、机构化"为特征的"广撒网"新阶段。基金公司正在通过密 集布局低成本、高效率的工具产品，以适应市场变化和投资者日益理性的需求。这一趋势预计将在未来 几年持续深化。（证券时报网） 国际金价大涨 不少黄金饰品品牌报价突破1300元 11月11日，国际金价大涨，日内开盘价为4116.20美元/盎司，盘中冲高至4148.91美元/盎司，随后回落， 11日17:30时的价格在4143美元/盎司，较昨日4115美元/盎司的收盘价，涨幅约为28美元/盎司。截至18 时，水贝的投资金为968元/克。头部金饰品牌的金价今日都呈现出较大涨幅，大部分品牌报价破1300元 大关，周大福和周生生的足金饰品今日报价1308/克，六福珠宝和金至尊报价1 ...

Core Insights - In July, BYD's sales reached 344,000 units, marking a year-on-year growth of 0.6%, with a market share of 13.6% [1] - The overall market for new energy vehicles (NEVs) continued to grow rapidly, with the top fifteen NEV manufacturers selling a total of 16.852 million units from January to July, a year-on-year increase of 10.5% [1] Industry Overview - The automotive market entered a traditional off-season in July, with some manufacturers conducting annual equipment maintenance, leading to a seasonal decline in production and sales [1] - The effects of the vehicle trade-in policy are becoming evident, and the industry's efforts to address internal competition have shown positive progress [1] - The market for NEVs remains robust, and vehicle exports have remained stable [1] Market Share Analysis - The top three NEV manufacturers hold approximately 37% of the market share, with BYD leading at 13.6%, followed by SAIC at 12.7% and Geely at 10.6% [1][2] - The market share of the top fifteen NEV manufacturers accounts for 92.2% of total vehicle sales, which is a decrease of 1.3 percentage points compared to the same period last year [1][2]