9月23日，海南矿业跌5.05%，截至发稿，报7.89元/股，成交1.37亿元，换手率0.86%，总市值157.66亿 元。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间6年322天，现任基金资产总规模949.76亿元，任职期间最佳基金回报 137.06%， 任职期间最差基金回报-15.93%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 资料显示，海南矿业股份有限公司位于海南省澄迈县老城镇高新技术产业示范区海南生态软件园沃克公 园8801栋，成立日期2007年8月22日，上市日期2014年12月9日，公司主营业务涉及铁矿石采选、加工及 销售;石油、天然气勘探开发及销售;大宗商品贸易及加工。主营业务收入构成为：油气40.82%，矿石 28.72%，矿石:铁矿石采选20.96%，矿石:大宗商品加工及贸易7.76%，其他1.74%。 从海南矿业十大流通股东角度 数据显示，南方基金旗下1只基金位居海南矿业十大流通股东 ...

Group 1 - The core viewpoint of the news is the performance and market position of Mingyang Electric, which saw a stock price increase of 5.37% to 47.47 CNY per share, with a total market capitalization of 14.82 billion CNY [1] - Mingyang Electric, established on November 27, 2015, specializes in the research, production, and sales of power distribution and control equipment for the renewable energy and new infrastructure sectors [1] - The company's revenue composition includes: box-type substations (53.70%), transformers (16.36%), complete switchgear (14.76%), and other products (13.51%) [1] Group 2 - From the perspective of fund holdings, a Southern Fund product holds a significant position in Mingyang Electric, with the Southern Growth Enterprise 2-Year Open Mixed Fund (160143) owning 177,900 shares, representing 2.95% of the fund's net value [2] - The Southern Growth Enterprise 2-Year Open Mixed Fund has achieved a year-to-date return of 43.82% and a one-year return of 77.97%, ranking 1366 out of 7995 in its category [2] - The fund manager, Ying Shuai, has a tenure of 18 years and 141 days, with the fund's total asset size at 5.465 billion CNY [3]

Core Insights - The Hong Kong Mandatory Provident Fund (MPF) market continues its upward trend, with a robust overall performance as of September 18, 2025 [1] - The GUM MPF Composite Index recorded a return of 2.9% in September, leading to a year-to-date cumulative increase of 15.2% [1] - The average return per person reached HKD 9,044 for the half month and HKD 41,460 year-to-date, primarily driven by strong performance in equity assets [1] Performance Summary - The MPF market shows stable and positive performance, with equity assets continuing to dominate the upward trend, particularly in Greater China and local markets [1] - Mixed asset funds benefited from the rise in equities, resulting in satisfactory returns, while fixed income funds maintained stability but offered limited returns [1]

注:本公告所述的"基金"也包括按照《证券公司大集合资产管理业务适用操作指引》的要求完成变更后 的证券公司大集合资产管理产品。 | 分级基金简称 | 代码 | 是否暂停（大额）申购 (转入转出、赎回、定投) | 申购限额 (元) | 转入限额 定投限额 (元) (元) | | --- | --- | --- | --- | --- | | 安信资管瑞安30 | 970154 | | | | | 天持有期中短债A | | 音 | | | | 安信资管瑞安30 天持有期中短债B | 970155 | 를 | | | | 安信资管瑞安30 | 970156 | 를 | | | | 天持有期中短债C | | | | | 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 证券之星消息，9月23日国投证券资产管理有限公司发布《安信资管瑞安30天持有期中短债债券型集合 资产管理计划暂停申购的公告》。公告中提示，为保证本集合计划平稳运作，保护集合计划份额持有人 的利益，自2025年9月23日起安信资管瑞安30天持有期中短债债券型集合资产管理计划暂停申购 ...

Core Viewpoint - The stock of Jiangsu Maxinlin Aerospace Technology Co., Ltd. experienced a decline of 5.22%, trading at 61.21 CNY per share, with a total market capitalization of 8.902 billion CNY as of September 23 [1] Company Overview - Jiangsu Maxinlin Aerospace Technology Co., Ltd. was established on March 15, 2010, and went public on May 13, 2021 [1] - The company specializes in aerospace components and tooling, as well as precision components for various civil industries [1] - The revenue composition of the company is 85.69% from product sales and 14.31% from service provision [1] Fund Holdings - Hongde Fund has a significant holding in Maxinlin, with its Hongde Quantitative Selected Mixed Fund (006336) holding 21,800 shares, representing 0.94% of the fund's net value, ranking as the tenth largest holding [2] - The fund has reported a floating loss of approximately 73,500 CNY as of the latest update [2] - The Hongde Quantitative Selected Mixed Fund was established on September 6, 2019, with a current size of 130 million CNY and has achieved a year-to-date return of 25.01% [2] - Over the past year, the fund has returned 57.77%, ranking 2,553 out of 7,995 in its category [2] - Since its inception, the fund has generated a return of 74.75% [2] Fund Manager Information - The fund manager of Hongde Quantitative Selected Mixed Fund is Zhang Tianyang, who has been in the position for 3 years and 240 days [2] - The total asset size managed by Zhang Tianyang is 147 million CNY, with the best fund return during his tenure being 42.89% and the worst being -38.09% [2]

Group 1 - The core point of the article highlights the recent decline in the stock price of Huakai Yibai, which fell by 5.04% to 10.93 CNY per share, with a total market capitalization of 4.42 billion CNY [1] - Huakai Yibai Technology Co., Ltd. is primarily engaged in the field of spatial environment art design, providing comprehensive exhibition services for large exhibition halls, with 92.16% of its revenue coming from cross-border e-commerce [1] - The company is located in Changsha, Hunan Province, and was established on February 23, 2009, with its listing date on January 20, 2017 [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Xinda Australia has a significant holding in Huakai Yibai, with 463,200 shares, accounting for 5.84% of the fund's net value [2] - The fund, Xinda Australia Industry Preferred One-Year Holding Mixed A (013495), has a current scale of 82.739 million CNY and has experienced a year-to-date return of 18.4% [2] - The fund's manager, Zeng Guofu, has a tenure of 17 years and has achieved a best fund return of 115.78% during his management period [3]

公开资料显示，中闽汇金成立于2015年5月29日，注册资本为1000万元，是以金融业为主营业务的有限责任公司，核心业务包括私募基金募集、投资管理和 理财咨询服务，截至2024年，管理规模区间为5亿-10亿元，管理基金数量达10只。 9月18日，厦门证监局发布公告称，经查，中闽汇金（厦门）私募基金管理有限公司（下称"中闽汇金"）在开展私募基金业务中，存在安排不具备基金从业 资格的员工参与私募基金募集业务的情形，违反了相关规定。依据有关规定，厦门证监局决定对中闽汇金采取出具警示函的监督管理措施，并根据《证券期 货市场诚信监督管理办法》将相关情况记入诚信档案。 ...

Group 1 - Shandong Gold Mining Co., Ltd. experienced a stock price increase of 5.2%, reaching 40.49 CNY per share, with a trading volume of 1.255 billion CNY and a turnover rate of 0.88%, resulting in a total market capitalization of 186.656 billion CNY [1] - The company, established on January 31, 2000, and listed on August 28, 2003, is primarily engaged in gold mining, refining, and the production and sale of gold and silver products [1] - The revenue composition of the company includes 50.14% from purchased gold, 29.96% from self-produced gold, 9.75% from trading, 7.65% from small gold bars, and 2.50% from other sources [1] Group 2 - The fund "Xinda Australia Fund" holds a significant position in Shandong Gold, with the "Xinda Blue Chip Select Stock A" fund (009988) owning 253,600 shares, accounting for 4.15% of the fund's net value, making it the fourth-largest holding [2] - The fund has generated a floating profit of approximately 507,200 CNY today [2] - The fund was established on September 9, 2020, with a current size of 195 million CNY, achieving a year-to-date return of 19.24% and a one-year return of 28.68% [2]

Core Viewpoint - The current market presents numerous investment opportunities despite structural characteristics, and asset allocation strategies are essential for capturing diverse returns while managing risks [1][4]. Group 1: Market Outlook - Investors maintain a positive outlook on equity assets, with the resilience of the Chinese economy becoming more evident this year, highlighting companies with sustainable profitability and competitiveness [2]. - The consensus is that in a low-interest-rate environment, equity assets remain attractive, and focusing on companies with core competitiveness is seen as the optimal solution for achieving excess returns [2]. - The current low risk-free return necessitates the inclusion of risk assets in investment portfolios to pursue higher returns [2]. Group 2: Asset Allocation Importance - The necessity of asset allocation is increasing as market volatility and the difficulty of obtaining returns grow, with professional investors emphasizing its importance [4]. - Asset allocation research can assist equity investment by identifying economic cycle stages and systemic risks through macro variables, and by optimizing asset styles under different economic growth and inflation scenarios [4]. Group 3: Investment Opportunities - Notable investment opportunities include the potential rebound of dollar assets and the continued upward space for assets represented by the renminbi [6]. - Gold is viewed as a strong tool for hedging portfolio risks due to its low correlation with the dollar, while copper is expected to perform well due to demand from new energy and AI, despite longer supply development times [6]. - In the current environment of low inflation and ample liquidity, a combination of stocks, bonds, and commodities, particularly gold, is favored for investment [6].

Core Viewpoint - In a volatile capital market, "stability" has become a core demand for investors, with Cai Zhiwen of Huatai Fund adhering to deep value investment principles and achieving a cumulative return of 17.81% since the establishment of the fund in February 2023, outperforming the benchmark of 13.14% [1][2] Investment Philosophy - The investment philosophy of Huatai Fund emphasizes deep fundamental analysis, selecting high-quality securities for medium to long-term investment to achieve stable growth and high long-term returns [3] - Cai Zhiwen's investment framework is rooted in selecting undervalued companies with strong competitive advantages and governance, focusing on "industry, company competitiveness, and corporate governance" [3][4] Investment Strategy - Cai Zhiwen actively seeks sectors with upward fundamentals, valuing long-term industry trends over short-term market fads, and prioritizes companies with strong competitive moats [4][5] - The investment strategy includes a focus on companies that return value to shareholders, emphasizing governance and transparency, with many holdings offering high dividend yields [5][6] Research Methodology - The investment approach combines "deep value" with "fixed income+" through a structured research methodology, avoiding market fads and relying on data-driven analysis [6][7] - Two independent stock selection systems are established: one focusing on value growth (PEG-ROIC) and the other on absolute value (high cash flow, high dividends, low valuation) [6][7] Risk Management - A three-tier risk control system is implemented to manage drawdowns, emphasizing strict selection criteria at the buying stage to minimize risks [9][10] - The investment process includes a mechanism for tracking fundamentals, allowing for informed decisions during market fluctuations [10] Platform Support - The success of Cai Zhiwen's "fixed income+" practice is supported by Huatai Fund's integrated research platform, fostering collaboration among fund managers and researchers [11][12] - The company promotes a culture of openness and sharing, enabling efficient coverage of various sectors and enhancing investment decision-making [11][12] Product Strategy - Huatai Fund's multi-strategy product system aims to address the challenges faced by retail investors, matching products to different risk-return profiles [12][13] - The "fixed income+" products are designed to meet investor demands for stability while providing opportunities for enhanced returns through equity components [12][13]