Core Viewpoint - The announcement details the appointment of Song Shiyi as the new fund manager for the Pu Yin An Sheng Growth Power Mixed Fund (519170), effective October 25, 2025, replacing Yang Fulun. The fund's net value as of October 24, 2025, is 0.9339, reflecting a 1.87% increase from the previous day and an 11.09% rise over the past year [1]. Fund Manager Profile - Song Shiyi holds a master's degree in finance from Renmin University of China and has extensive experience in the financial sector, having worked at Shanghai Shenwan Hongyuan Securities Research Institute from July 2013 to September 2023 in various analyst roles. She joined Pu Yin An Sheng Fund Management Company in October 2023 and currently manages multiple funds [1]. Fund Performance - The following are the funds managed by Song Shiyi along with their performance metrics: - Pu Yin An Sheng ChiNext ETF Link A (012179): 0.18 billion, 50.67% return since March 13, 2024 - Pu Yin An Sheng ChiNext ETF Link C (012180): 0.30 billion, 49.96% return since March 13, 2024 - Pu Yin An Sheng CSI A500 ETF Link A (024298): 0.20 billion, 11.92% return since July 17, 2025 - Pu Yin An Sheng CSI A500 ETF Link C (024299): 0.17 billion, 11.84% return since July 17, 2025 - Pu Yin An Sheng North Securities 50 Index A (024743): 0.57 billion, 1.41% return since July 25, 2025 - Pu Yin An Sheng North Securities 50 Index C (024744): 0.30 billion, 1.33% return since July 25, 2025 - Pu Yin An Sheng CSI A500 ETF (159376): 4.26 billion, 26.81% return since December 30, 2024 - Pu Yin An Sheng ChiNext ETF (159810): 0.81 billion, 62.72% return since March 13, 2024 [1]. Stock Performance Review - The Pu Yin An Sheng ChiNext ETF managed by Song Shiyi included Huichuan Technology in Q3 2024, with an average purchase price of 1046.34. As of Q2 2025, the average price is 1481.01, yielding an estimated return of 41.54% [1].

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。 | 分级基金简称 | 代码 | 基准日其余净值 | | 分红方案 | | | --- | --- | --- | --- | --- | --- | | | | (元) | | (元/10份) | | | 全信民计纯倩A 008571 | | | | | | | 金信民达纯倩C 008572 | | | 1.05 | | 0.25 | | 全信民法纯倩E 024347 | | | | | | 本次分红对象为权益登记日在本基金注册登记机构登记在册的本基金全体C类基金份额持有人。，权益 登记日为10月27日，现金红利发放日为10月29日。对于选择红利再投资方式的投资者将以2025年10月27 日的基金份额净值为计算基准确定再投资份额，本基金注册登记机构将于2025年10月28日对红利再投资 的基金份额进行确认并通知各销售机构。2025年10月29日起，投资者可以通过销售机构查询红利再投资 的份额。根据财政部、国家税务总局的相关规定,基金向投资者分配的基金收益,暂免征收所得税。本基 金本次分 ...

Core Viewpoint - The announcement of the appointment of Jing Boling as the new fund manager for Huaxia Dingrong Bond (003301) effective October 25, 2025, with Song Yang stepping down on the same date [1] Fund Manager Transition - Jing Boling has been appointed as the fund manager for Huaxia Dingrong Bond (003301) starting October 25, 2025, replacing Song Yang [1] - As of October 23, 2025, the net value of Huaxia Dingrong Bond is 1.3850, reflecting a 0.06% increase from the previous day and a 4.66% rise over the past year [1] Background of Jing Boling - Jing Boling holds a master's degree and joined Huaxia Fund Management Co., Ltd. in July 2016, serving in various roles including researcher and assistant fund manager [1] - He has managed several public funds, with notable performance metrics including: - Huaxia Dinghong Bond A: 10.94 billion, return of 5.24% since November 25, 2024 - Huaxia Zhaozhi Bond A: 0.16 billion, return of 8.65% since November 9, 2023 - Huaxia Zhisheng Preferred Mixed Fund A: 1.23 billion, return of 18.22% since June 25, 2025 [1] Performance of Managed Funds - The performance of Huaxia Zhaoxiang Bond A includes a significant investment in Guangxun Technology, with an estimated return of 36.66% based on the average prices during the holding period [1]

证券之星消息，10月25日发布《易方达安和中短债债券型证券投资基金分红公告》。本次分红为2025年 度的第4次分红。公告显示，本次分红的收益分配基准日为10月10日，详细分红方案如下： | 易方达安和中短债债券C 110050 | | | 1.05 | 0.10 | | --- | --- | --- | --- | --- | | 分级基金简称 易方达安和中短债债券A 110051 | 代码 | 基准日星会净值 (元) | 1.06 | 分红方案 (元/10份) 0.10 | 本次分红对象为权益登记日在易方达基金管理有限公司登记在册的本基金全体持有人。，权益登记日为 10月28日，现金红利发放日为10月29日。选择红利再投资方式的投资者红利再投资所得的基金份额将按 2025年10月28日的基金份额净值计算确定，本公司将于红利发放日对红利再投资的基金份额进行确认并 通知各销售机构，本次红利再投资所得份额的持有期限自红利发放日开始计算。2025年10月30日起投资 者可以查询、赎回。权益登记日之前（不含权益登记日）办理了转托管转出尚未办理转托管转入的基金 份额，其分红方式按照红利再投资处理。根据相关法律法规规定 ...

证券之星消息，10月25日国金基金管理有限公司发布《关于调整国金惠盈纯债债券型证券投资基金大额 申购、转换转入、定期定额投资业务金额上限的公告》。公告中提示，为满足投资者需求，自2025年10 月27日起调整国金惠盈纯债债券型证券投资基金大额申购、转换转入、定期定额投资业务金额上限，下 属分级基金调整明细如下： | 分级基金简称 | 代码 | 是否暂停（大额）申购 | 申购限额 转入限额 定投限额 | | --- | --- | --- | --- | | | | (转入转出、赎回、定投） | (元) (元) (元) | | 国全惠居纯倩A | 006549 | 를 | | | 国会事盈纯佳C | 006760 | 른 | | | 国会重容纯佳E | 009604 | KO | | 注:1、自2025年10月27日起，国金基金管理有限公司（以下简称"本公司"）对国金惠盈纯债债券型证券 投资基金（以下简称"本基金"或"国金惠盈纯债"）的代销渠道个人投资者单个基金账户的申购投资限额 设置为：国金惠盈纯债A的代销渠道的个人投资者单个开放日单笔申购及单个开放日累计申购金额不得 超过100万元，如超过100万元，本基金 ...

跨境贸易投资高水平开放试点业务持续扩面增效。截至9月末，海南辖内备案审慎合规银行14家，全省 累计发生经常项下试点业务金额423.11亿美元，惠及优质企业184家；资本项下试点业务金额28亿美 元，惠及企业100家。 国家外汇管理局海南省分局推动跨境贸易投资自由化便利化水平不断提升。2025年前三季度，海南省跨 境收支规模804.6亿美元，同比增长1.1%。结售汇总额179.8亿美元，同比增长10.4%；其中，结汇规模 46.3亿美元，同比增长22.5%，购汇规模133.5亿美元，同比增长2.4%。 货物贸易增长亮点频现。今年前三季度，全省货物贸易收支规模352.8亿美元。其中，全省免税品进口 付汇21.4亿美元，同比增长26.6%。 今年前三季度，全省服务贸易跨境收支规模50.4亿美元，同比增长8.1%。全省直接投资收支规模367.1 亿美元，同比增长4.2%，值得一提的是，全省来华直接投资66.6亿美元，同比增长28.5%。 会上还披露，在海南自贸港跨境资产管理试点业务方面，人民银行海南省分行已完成4家发行机构申请 的50亿元人民币试点规模核定。 10月24日，中国人民银行海南省分行召开前三季度海南金融运 ...

Group 1 - Long光华芯 (688048.SH) reported its Q3 2025 results, with 13 institutional investors holding a total of 98.53 million shares, representing 55.89% of the total share capital [1] - The top ten institutional investors collectively hold 54.35% of the shares, a decrease of 4.37 percentage points compared to the previous quarter [1] - Notable institutional investors include Suzhou Huafeng Investment Center, Suzhou Yinglei Venture Capital, and Changchun Changguang Precision Instrument Group [1] Group 2 - In the public fund sector, one fund, Southern CSI 1000 ETF, increased its holdings, while two new public funds were disclosed, including Xingquan Trend Mixed Fund [2] - A total of 150 public funds were not disclosed in the current period, including notable funds like ICBC Yuanxing Mixed Fund and Huaxia CSI 1000 ETF [2] - The National Social Security Fund 114 Combination reduced its holdings slightly in the current period [2]

Core Points - The CITIC Securities Value Growth Mixed Asset Management Plan will be re-registered as the CITIC Securities Value Growth Mixed Securities Investment Fund starting from September 22, 2025 [1] - The management of the asset management plan will change from CITIC Securities Co., Ltd. to its wholly-owned subsidiary, CITIC Securities Fund Management Co., Ltd. [1] - The full audit report regarding the change of management will be disclosed on the company's website and the China Securities Regulatory Commission's fund electronic disclosure website on October 24, 2025 [1] - Investors can contact the company's customer service for any inquiries [1]

Core Insights - The establishment of the cross-border asset management pilot program in Hainan Free Trade Port marks a significant transition from institutional design to practical operation, viewed as a key step in China's financial opening towards "institutional opening" [2][3][9] - The pilot program is designed to create a closed-loop channel for "overseas funds - Hainan platform - domestic assets," emphasizing innovation in the operational model rather than scale [2][9] Regulatory Framework - The "Implementation Rules" for the pilot program provide a clear blueprint, allowing foreign investors to invest in various financial products, including wealth management products and private asset management products, with risk levels ranging from R1 to R4 [3][4] - The initial pilot scale is capped at 10 billion yuan, with a dynamic adjustment mechanism in place to manage risks [4][9] Institutional Participation - Six institutions have completed the registration for the pilot program, including two securities firms, two fund management companies, and two banks, indicating a diverse participation from the financial sector [5][6] - The pilot program has already seen rapid business implementation, with initial products launched and operational through local banks [5][6] Market Opportunities - The pilot program opens a new channel for overseas investors to allocate assets in China, enhancing the attractiveness of Hainan as a cross-border financial management center [4][9] - The unique "unilateral proactive opening" model allows global participation without relying on bilateral agreements, broadening the market potential [4][7] Future Development - Experts suggest that Hainan must transition from merely attracting capital flows to establishing regulatory frameworks that enhance its appeal as a global financial hub [10] - Recommendations include upgrading the financial account system, tax incentives for foreign asset management firms, and establishing a cross-border fund flow monitoring platform to ensure compliance and risk management [10]

Core Insights - The public fund issuance has peaked in October, with over 70 funds currently in the issuance phase and expected total fundraising to reach 100 billion yuan [1] - The majority of the funds being issued are equity funds, particularly actively managed sector and style funds, contrasting with previous trends dominated by bond funds and passive ETFs [1] - Fund sales have significantly increased, with some fund companies shortening issuance periods and setting high fundraising caps [1] Fund Issuance Trends - Historically, fund subscriptions tend to rise after a few months of market uptrend, but this time, the sales have picked up after nearly a year of market activity, indicating a shift in investor behavior [2] - The current market is characterized by a "slow bull" trend, with a structural market where many stocks remain stagnant while tech stocks are performing well [2] - The active management of equity funds has seen a notable increase, although the scale is still below historical peaks [2] Market Reactions - Recent market fluctuations have not significantly impacted fund sales; some investors are even increasing their investments in funds due to market corrections [3] - The current market adjustment is seen as beneficial, allowing new capital to enter the market more comfortably [3] - The unique phenomenon of fund issuance being both easy to sell and potentially easy to operate may not be repeated this time [3]