Meeting Overview - The meeting for the Galaxy Economic Industry Mixed Securities Investment Fund will be held via communication method, with voting from November 4, 2025, to December 9, 2025, at 17:00 [1][10]. Voting and Participation - The record date for fund holders to participate in the meeting is November 3, 2025, with specific voting rights outlined for purchases and redemptions on that date [5][10]. - Voting will be conducted through written paper ballots, which can be obtained from the fund management company's website or other specified sources [6][19]. Voting Procedures - Detailed instructions for filling out and submitting ballots are provided, including requirements for individual and institutional investors [7][8][9]. - Ballots must be submitted to the fund management company by the specified deadline, with clear guidelines on how to ensure valid submissions [10][24]. Meeting Agenda - The main agenda item is the proposal regarding the continuous operation of the Galaxy Economic Industry Mixed Securities Investment Fund [4][20]. Decision Validity - The meeting requires that at least half of the total fund shares held by participants be represented for the meeting to be valid, and decisions must be approved by a majority of the voting rights present [15][16]. Fund Management and Oversight - The fund management company, Galaxy Fund Management Co., Ltd., is responsible for organizing the meeting, with oversight from the fund custodian, Beijing Bank Co., Ltd., and a public notary [18][19].

Core Viewpoint - The company announced the dissolution and liquidation of its subsidiary, Duoxi Investment, due to continuous losses over the past five years and the absence of managed funds, which allows the company to focus on its core business [1][4]. Summary by Sections Overview of the Situation - The company’s wholly-owned subsidiary, Jiruis Testing Technology Service (Zhuhai) Co., Ltd., attempted to transfer 26% of its stake in Duoxi Investment through public listing but failed to attract interested buyers, leading to the decision to dissolve and liquidate Duoxi Investment [1][2]. Basic Information of the Dissolution - The dissolution and liquidation of Duoxi Investment have been approved by the shareholders and reviewed by the company’s chairman, thus not requiring further board or shareholder approval [2]. Reasons for Dissolution and Impact on the Company - Duoxi Investment has incurred continuous losses and has no managed funds, prompting the decision for dissolution to protect shareholder interests. The dissolution will not significantly impact the company or its subsidiary's daily operations, nor will it harm the interests of shareholders, especially minority shareholders [4].

Group 1 - The fund manager has the right to adjust management fees based on the fund's operational conditions, as the estimated net income and annualized yield may fluctuate due to market volatility [1] - The fund has received a payment of 27.4883 million yuan for national subsidies receivable, with an average repayment cycle of 2.15 years [8][10] - The fund will include the received national subsidy receivable in the fourth quarter's distributable amount for investor returns [9] Group 2 - The fund employs a factoring method with recourse to smooth cash flow and mitigate the risk of fluctuations in the repayment cycle of national subsidies receivable [7] - The total assets of the acquired project companies amount to 558.64 million yuan, with liabilities of 428.32 million yuan and equity of 130.33 million yuan as of the audit date [13]

香港联交所最新资料显示，10月27日，易方达基金管理有限公司减持国泰海通（601211）(02611)369.96 万股，每股作价15.5424港元，总金额约为5750.07万港元。减持后最新持股数目约为2.45亿股，最新持 股比例为6.98%。 ...

Core Viewpoint - The Hong Kong pharmaceutical ETF (159718) experienced a decline of 2.65% on October 30, with a trading volume of 47.8497 million yuan [1] Group 1: Fund Performance - The ETF's total shares increased by 1 million, bringing the total to 239 million shares [1] - The latest net asset value is calculated at 229 million yuan [1] - Since its inception on December 16, 2021, the fund has returned -4.18%, with a one-month return of -12.27% [1] Group 2: Management and Benchmark - The ETF is managed by Ping An Fund Management Co., Ltd., with the fund manager being Weng Xin [1] - The performance benchmark for the ETF is the CSI Hong Kong Stock Connect Pharmaceutical and Health Comprehensive Index (adjusted for exchange rates) [1]

Group 1 - Core viewpoint: Keri International's stock rose by 5.31% to 29.54 CNY per share, with a trading volume of 233 million CNY and a turnover rate of 4.11%, resulting in a total market capitalization of 5.814 billion CNY [1] - Company overview: Keri International, established on December 5, 2005, and listed on June 8, 2017, is based in Beijing and specializes in technology-driven human resource solutions [1] - Revenue composition: The company's main business revenue is derived from flexible employment (95.22%), mid-to-high-end talent search (2.77%), other services (0.84%), recruitment process outsourcing (0.64%), and technical services (0.54%) [1] Group 2 - Fund holdings: Citic Prudential Fund has a significant position in Keri International, with its fund increasing holdings by 90,000 shares to a total of 350,000 shares, representing 3.86% of the fund's net value [2] - Fund performance: The fund has achieved a floating profit of approximately 521,500 CNY from its investment in Keri International [2] - Fund details: Citic Prudential Zhi Rui Mixed A Fund (003432) was established on October 21, 2016, with a current size of 142 million CNY and year-to-date returns of 5.35% [2]

Core Insights - The cross-border ETF market has seen significant growth in 2023, with total assets surpassing 900 billion yuan by October 30, driven by increased demand for diversified asset allocation amid changing global economic dynamics [1] - GF Fund has established itself as a leading player in the cross-border ETF space, managing 10 cross-border ETFs with a total scale of 100.77 billion yuan, ranking it among the top in the industry [1][2] Product Overview - GF Fund's four major cross-border ETFs focus on popular sectors, including the largest Nasdaq ETF (159941) with a scale of 30.77 billion yuan, targeting major tech companies like Apple and Microsoft [2] - The Hong Kong Innovative Drug ETF (513120) has a scale of 22.8 billion yuan, benefiting from the upward trend in the global innovative drug industry [2] - The Hong Kong Non-Bank Financial ETF (513750) has a scale of 21.9 billion yuan, focusing on non-bank financial institutions in the Hong Kong market [2] - The Hang Seng Technology ETF (513380) also exceeds 10 billion yuan, capturing opportunities in leading tech companies in Hong Kong [2] Market Trends - The Hang Seng Hong Kong Stock Connect Technology Index has outperformed, with a 57% increase over the past year, reflecting strong investor interest in technology stocks [3] - Cross-border ETFs are increasingly favored by investors for their transparency, flexibility, and lower costs, serving as important tools for risk diversification and capturing overseas market opportunities [3]

Core Insights - On October 30, the A-share market experienced a volatile adjustment, with all three major indices closing lower, and the Shanghai Composite Index falling below 4000 points, with a total trading volume of 2.42 trillion yuan [1][2] Fund Flow Summary - On October 30, stock ETFs saw a net inflow of over 4.8 billion yuan, contributing to a total inflow of over 70 billion yuan in October, with significant inflows into sector-specific ETFs such as brokerage, Hang Seng Technology, and rare earths [2][3] - The total market size of stock ETFs reached 4.66 trillion yuan, with 1239 stock ETFs (including cross-border ETFs) [3] - The top three stock ETFs by net inflow on October 30 were Guotai Securities ETF, GF Hong Kong Innovative Medicine ETF, and Huabao Brokerage ETF, each with inflows exceeding 500 million yuan [3][5] Sector Performance - The healthcare sector led the inflows with 3.24 billion yuan, followed by the securities sector with 2.09 billion yuan, and the ChiNext with 1.12 billion yuan [3] - The top 20 stock ETFs by net inflow included five related to healthcare and four related to brokerage, indicating strong interest in these sectors [4] Outflow Summary - On the same day, 27 stock ETFs experienced net outflows exceeding 1 billion yuan, with significant losses in broad-based ETFs such as the SSE 50, CSI 1000, and CSI 300 [7][9] - The SSE 50 ETF and CSI 1000 ETF saw the largest outflows, with 1.298 billion yuan and 736 million yuan respectively, while three CSI 300 ETFs collectively lost over 1 billion yuan [7][9] Market Outlook - The overall trend in October has been a net inflow into stock ETFs, with a focus on sectors like brokerage and technology, while broad-based ETFs like the CSI 500 and ChiNext have seen significant outflows [7][8]

Core Viewpoint - Furi Electronics experienced a 5.13% increase in stock price, reaching 14.34 CNY per share, with a trading volume of 642 million CNY and a turnover rate of 7.73%, resulting in a total market capitalization of 8.503 billion CNY [1] Company Overview - Furi Electronics, established on May 7, 1999, and listed on May 14, 1999, is located at No. 153, Wuyi North Road, Fuzhou, Fujian Province. The company primarily operates in the LED optoelectronics and green energy environmental protection industry, communication and smart home appliances, and domestic and foreign trade supply chain business [1] - The revenue composition of Furi Electronics is as follows: smart terminals account for 90.58%, while LED optoelectronics and other segments contribute 12.07% [1] Fund Holdings - According to data from the top ten heavy stocks of funds, one fund under Ping An Asset Management holds Furi Electronics. The Ping An CSI 2000 Enhanced Strategy ETF (159556) held 5,700 shares in the third quarter, representing 0.35% of the fund's net value, ranking as the tenth largest heavy stock [2] - The Ping An CSI 2000 Enhanced Strategy ETF (159556) was established on December 27, 2023, with a latest scale of 21.768 million CNY. Year-to-date, it has achieved a return of 26.64%, ranking 2,173 out of 4,216 in its category; over the past year, it has returned 30.82%, ranking 1,586 out of 3,889; and since inception, it has returned 16.99% [2] - The fund manager of the Ping An CSI 2000 Enhanced Strategy ETF (159556) is Li Yan, who has been in the position for 1 year and 312 days. The total asset scale during his tenure is 11.079 billion CNY, with the best fund return being 80.44% and the worst being 14.52% [2]

募集期间净认购金额4,042,084,432.60元，认购资金在募集期间产生的利息1,380,252.81元，募集份额合 计4,043,464,685.41份。 基金经理潘水洋曾就职于深圳迈瑞生物医疗电子股份有限公司，任系统研究员。2017年7月加入南方基 金，历任数量化投资部量化研究员、宏观策略部策略研究员、指数投资部研究员，2024年起任基金经 理。 中国经济网北京10月31日讯今日，南方基金发布南方创业板人工智能交易型开放式指数证券投资基金联 接基金基金合同生效公告。 | 基金募集申请获中国证监会注册的文号 | | 证监许可〔2025〕1186号 | | | | --- | --- | --- | --- | --- | | 基金募集期间 | | 自 2025 年 10月 09 日 | | | | | | 至 2025年10月28日止 | | | | 验资机构名称 | | 安永华明会计师事务所(特殊普通合伙) | | | | 募集资金划入基金托管专户的日期 | | 2025 年 10月 30 日 | | | | 募集有效认购息户数(单位:户) | | | | 67.819 | | 份额类别 | | 南方 ...