人民财讯12月11日电，企查查APP显示，近日，上海杨浦海望鋆芯私募基金合伙企业(有限合伙)成立， 出资额15.1亿元，经营范围包含：以私募基金从事股权投资、投资管理、资产管理等活动。企查查股权 穿透显示，该基金由上海浦东海望私募基金管理有限公司、上海海望合纵私募基金合伙企业(有限合 伙)、上海浦东科创集团有限公司共同出资。 ...

Core Insights - The article highlights the difficulty in finding attractively priced opportunities in equity markets as market indices approach all-time highs while income-focused funds are facing challenges due to higher interest rates [1] Group 1: Market Conditions - Market indices are hovering near all-time highs, making it challenging to identify attractive investment opportunities [1] - Income-focused funds are particularly affected by the current environment of higher interest rates [1] Group 2: Investment Strategy - The article discusses a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]

Core Insights - The 30-year Treasury ETF (511090) has shown a positive performance, increasing by 0.38% as of December 11, 2025, with a trading volume of 4.50 billion yuan and an average daily trading volume of 83.94 billion yuan over the past week [1] - The latest scale of the 30-year Treasury ETF reached 30.343 billion yuan, indicating a strong market presence [1] - The bond market is experiencing a favorable environment due to low returns in the real economy and expectations of monetary easing, which supports the bond market [2] Market Performance - The 30-year Treasury futures closed higher, with the main contract rising by 0.30% to 112.790 yuan, while other maturities also saw slight increases [1] - The People's Bank of China conducted a 1,898 billion yuan reverse repurchase operation at a fixed rate of 1.40%, resulting in a net injection of 1,105 billion yuan for the day [1] Economic Context - The economy is transitioning between old and new growth drivers, with low returns in the real economy providing a supportive backdrop for the bond market [2] - There are reasonable expectations for interest rate cuts and reserve requirement ratio reductions in the coming year, further bolstering the bond market [2] Index Information - The 30-year Treasury ETF closely tracks the China Bond 30-Year Treasury Index, which consists of publicly issued 30-year treasury bonds with a remaining maturity of 25-30 years [2]

# " 当期热文 NO.1 中信保诚基金 NO.2 景顺 NO.3 华夏基金 # " 热转好文 NO.1 天风证券投教基地 NO.2 长城基金 NO.3 国泰基金 # " 趣投教 德邦证券投教基地 （跳转原文，下同） 普通投资者如何参与 美股创新药投资? # " 热门直播 NO.1：中欧基金 NO.2： 中国基金报 NO.3： 中国基金报 619 投资金句 本期最受欢迎媒体号 | # | 媒体号名称 | | --- | --- | | 1 | 中信保诚基金 | | 2 | 景顺 | | 3 | 花直著等 | | ব | 天风证券投教基地 | | 5 | 长城基金 | 本期最具潜力媒体号 | # | 媒体号名称 | | --- | --- | | 1 | 国泰基金 | | 2 | 德邦证券投教基地 | | 3 | 创金合信基金 | | 4 | 中欧基金 | | 5 | 华安基金 | 杨梦 博道基金 本周热度 最终放到三到五年的长期维度去看，只要选股方法得当，优秀的主动权益基金与优秀的量化增强基金，大家都能获得理想的超额收益，并不存在投资方法 上孰优孰劣。 相关资讯 博道基金杨梦： 打造"长青"竞争力（12.8） ...

# " 趣投教 | # " 当期热文 | | --- | | NO.1 中信保诚基金 | | 市场"慢牛"与投资"求真"——中信保诚基金2026年展望：基本面、科技、新消费与出 海 | | NO.2 景顺 | | 景观宏图 日本国债收益率快速上升与日元贬值 | | NO.3 华夏基金 | | 市场波动加剧，如何把握年底投资机会？听听定投团的基金经理们怎么说 | （点击文章标题跳转原文，下同） # " 热转好文 NO.1 天风证券投教基地 ETF课堂 | ETF进阶课堂vol.91 创新药指数的区别体现在哪里？ NO.2 长城基金 长城"科技+"：科技仍是市场引擎，持续关注AI应用 NO.3 国泰基金 降息预期下的金银抉择 德邦证券投教基地 《财商老友记》第5集：古厝话理财 创金合信基金 普通投资者如何参与美股创新药投资？ 长城基金 投资观察室 | 长城基金曲少杰——美股科技行情有望延续，大模型、芯片制造等核心环节或维持高 景气 # " 热门直播 NO.1： 中欧基金 看见·中欧基金2026年度投资策略会 年末收官，2026债券投资新机遇和新选择！ | # | 媒体号名称 | | --- | --- | | 1 ...

活动现场，淄博市财金集团、东营金控投资、启智基金、昌润齐心创投四家机构代表分别围绕业务开展 情况、当前面临的困难挑战及对行业发展的意见建议等方面进行分享。 会上还举行了中证资本市场法律服务中心山东调解工作站驻淄博市基金业协会纠纷调解宣传驿站的揭牌 仪式，该驿站将进一步完善基金行业纠纷化解机制，为行业健康发展提供更坚实的法律服务保障。 近日，为深入贯彻落实山东证监局协会工作座谈会会议精神，更好服务辖区私募机构，山东省基金业协 会（以下简称"协会"）指导淄博市基金业协会在淄博市组织召开私募基金管理人座谈会。协会会长李文 峰、淄博市财政局二级巡视员、淄博市基金业协会会长王连忠出席会议并讲话，淄博、东营、潍坊、德 州、聊城五地区私募基金管理人相关人员参加会议。 会上，协会秘书长李海卫传达了中国证监会及山东证监局关于私募基金行业的最新监管政策和工作要 求，解读政策导向，明确合规经营要点，为参会私募机构规范发展提供了清晰指引。睿扬律师事务所高 级合伙人、副主任，证券与资本市场业务部联席主任，睿扬北京办公室党支部书记、主任孙龙龙进行了 《未备案合伙企业性质的认定及合规整改》专题培训。睿扬律师事务所证券与资本市场业务部主任， ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the "Fund†) (NYSE: BGH) announced its monthly dividend for December 2025 of $0.1223 per share, payable on January 2, 2026. Based on the Fund's November 28, 2025 share price of $15.18 per share, the dividend represents an annualized yield of 9.67% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. In addition, the Fund. ...

Group 1 - The article discusses the importance of refreshing bond portfolios, especially in the context of tax-loss harvesting as the year ends, providing an opportunity for investors to reinvest in bonds [2] - The Federal Reserve is facing uncertainty regarding interest rates and inflation, which impacts the yield curve and suggests that a bond portfolio refresh could enhance flexibility and transparency through bond ETFs [3] - The growth of the ETF landscape has expanded options for investors to create customized bond allocations, with active bond ETFs offering advantages over traditional mutual funds [4] Group 2 - The Avantis Core Fixed Income ETF (AVIG) is highlighted as a strong option for bond portfolios, charging only 15 basis points and investing in a diverse range of debt instruments [5]

Group 1 - The article emphasizes that index funds, particularly ETFs, are suitable investment methods for ordinary investors, as suggested by investment legends like Warren Buffett and Duan Yongping [2][3][31] - As of the third quarter of this year, the scale of domestic index funds in China has approached 8 trillion yuan, with a year-on-year growth of 2.1 trillion yuan [6][10] - The shift towards index investing is driven by policy support, increasing investor demand, and the need for more stable and less stressful investment options [5][7][14] Group 2 - The article notes that the number of individual investors in China has surpassed 720 million, with a notable trend of "seven losses, two flat, and one gain" in investment outcomes [3][31] - The growth of index funds in China is expected to continue, with projections indicating that the market could reach 5 trillion yuan by 2024 [9] - Leading investment firms like E Fund are focusing on precision in tracking error management and cost reduction to enhance investor experience and trust [17][21][29] Group 3 - The article highlights that the index investment market in China is transitioning from scale expansion to value cultivation, similar to trends observed in the U.S. market [16] - E Fund has established a comprehensive management mechanism to enhance investment efficiency and risk management, leveraging technology for better performance [26][27] - The article concludes that with a professional investment management approach, firms like E Fund are well-positioned to help investors achieve better returns in the evolving market landscape [32]

Market Overview - On December 8, the total ETF margin balance in the two markets reached 118.274 billion yuan, an increase of 0.226 billion yuan from the previous trading day [1] - The financing balance was 110.272 billion yuan, up by 0.181 billion yuan, while the securities lending balance was 8.003 billion yuan, increasing by 44.806 million yuan [1] - In the Shanghai market, the ETF margin balance was 82.695 billion yuan, with a slight increase of 43.056 million yuan from the previous day [1] - The financing balance in the Shanghai market decreased by 5.0863 million yuan to 75.654 billion yuan, while the securities lending balance increased by 48.1423 million yuan to 7.041 billion yuan [1] - In the Shenzhen market, the ETF margin balance was 35.58 billion yuan, increasing by 1.83 billion yuan [1] - The financing balance in the Shenzhen market rose by 1.86 billion yuan to 34.618 billion yuan, while the securities lending balance decreased by 3.3357 million yuan to 0.962 billion yuan [1] ETF Margin Balance - The top three ETFs by margin balance on December 8 were: - Huaan Yifu Gold ETF (7.579 billion yuan) - E Fund Gold ETF (5.734 billion yuan) - Huatai-PB CSI 300 ETF (3.985 billion yuan) [2] ETF Financing Amount - The top three ETFs by financing amount on December 8 were: - E Fund CSI Hong Kong Securities Investment Theme ETF (1.853 billion yuan) - Haifutong CSI Short Bond ETF (1.347 billion yuan) - Huatai-PB Southern Dongying Hang Seng Technology Index (QDII-ETF) (0.761 billion yuan) [4] ETF Financing Net Amount - The top three ETFs by financing net amount on December 8 were: - Guotai CSI All-Index Communication Equipment ETF (740.699 million yuan) - Harvest CSI STAR Market Chip ETF (634.591 million yuan) - Yongying National Certificate Commercial Satellite Communication Industry ETF (511.868 million yuan) [6] ETF Securities Lending Amount - The top three ETFs by securities lending amount on December 8 were: - Huatai-PB CSI 300 ETF (392.657 million yuan) - Huaxia CSI 1000 ETF (200.044 million yuan) - Huaxia Shanghai 50 ETF (178.288 million yuan) [8]