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基金研究周报:全球权益共振,黄金续创新高(9.8-9.12)
Sou Hu Cai Jing· 2025-09-14 13:31
Market Overview - The A-share market showed structural activity driven by policy expectations and technology themes, with the Wind All A index rising by 2.12% from September 8 to September 12, and the Sci-Tech 50 leading with a 5.48% increase, indicating strong market preference for technology growth sectors [1] - The Shanghai Composite Index increased by 1.52%, the Shenzhen Index by 2.65%, and the ChiNext Index by 2.10% during the same period [1] - The communication sector performed notably due to increased demand for optical devices and higher capital expenditures from operators, while the pharmaceutical and biotechnology sector declined by 0.64%, reflecting market concerns over deepening centralized procurement policies and risks in innovative drug development [1] Industry Performance - The average increase of Wind's first-level industry indices was 2.05%, with 90% of the Wind Top 100 concept indices rising [1][12] - All sectors except for biomedicine saw positive performance, with communication, agriculture, forestry, animal husbandry, and fishery, and electronics sectors rising by 5.24%, 5.00%, and 4.93% respectively [1][12] - The real estate, machinery, and construction materials sectors experienced slight increases, while the oil, petrochemical, and coal sectors lagged, with increases of only 0.30% and 0.16% respectively [1][12] Fund Issuance - A total of 39 funds were issued last week, including 18 equity funds, 13 mixed funds, 5 bond funds, and 3 FOF funds, with a total issuance of 21.794 billion units [2][14] Fund Performance - The Wind All Fund Index rose by 1.17%, with the ordinary equity fund index increasing by 2.13% and the mixed equity fund index by 2.40%, while the bond fund index fell by 0.06% [2][8]