Report Industry Investment Rating - No industry investment rating information is provided in the report. Core Viewpoints - The report tracks the weekly data of green bonds from August 11 - August 15, 2025, covering primary market issuance, secondary market trading, and valuation deviation of the top 30 individual bonds [1][2][3]. Summary by Related Catalogs Primary Market Issuance - 10 new green bonds were issued in the inter - bank and exchange markets, with a total issuance scale of about 1.3131 billion yuan, an increase of 221.8 million yuan from the previous week [1]. - The issuance terms are mostly 3 years; issuers include local state - owned enterprises, central state - owned enterprises, central enterprise subsidiaries, and central financial enterprises [1]. - The issuer's main credit ratings are AAA and AA+; issuers are from Beijing, Guangdong, Guangxi, Henan, Jiangsu, and Inner Mongolia [1]. - The types of issued bonds include ultra - short - term financing bills, ABNs from the Dealer Association, commercial bank ordinary bonds, medium - term notes, private corporate bonds, and general corporate bonds [1]. Secondary Market Trading - The weekly trading volume of green bonds totaled 5.78 billion yuan, an increase of 1.04 billion yuan from the previous week [2]. - By bond type, the top three in trading volume are non - financial corporate credit bonds (2.61 billion yuan), financial institution bonds (2.13 billion yuan), and interest - rate bonds (630 million yuan) [2]. - By issuance term, green bonds with a term of less than 3 years had the highest trading volume, accounting for about 78.96%, indicating continuous market popularity [2]. - By issuer's industry, the top three industries in trading volume are finance (2.47 billion yuan), public utilities (1.2 billion yuan), and transportation equipment (180 million yuan) [2]. - By issuer's region, the top three regions in trading volume are Beijing (1.75 billion yuan), Guangdong (670 million yuan), and Hebei (510 million yuan) [2]. Valuation Deviation of the Top 30 Individual Bonds - The overall deviation of the weekly average trading price valuation of green bonds is not large, with the discount trading range smaller than the premium trading range, and the proportion of discount trading smaller than that of premium trading [3]. - Among the discount bonds, the top three discount rates are for 25 ShuiNeng G1 (- 0.7750%), 21 LinChuan Green Bond 02 (- 0.7466%), and 21 XinYi Green Bond (- 0.2536%), and the rest of the discount rates are within - 0.20%. The main industries of the issuers are finance, construction, and public utilities, and the implied ratings of ChinaBond are mainly AAA -, AA, and AA+ [3]. - Among the premium bonds, the top four premium rates are for 20 HuNan Bond 65 (0.9090%), 25 XiangYu JinXiang MTN003 (green) (0.7237%), 20 GuangDong Bond 05 (0.6806%), and 20 GuangDong Bond 16 (0.6433%), and the rest of the premium rates are within 0.60%. The main industries of the issuers are finance, public utilities, and transportation equipment, and the implied ratings of ChinaBond are mainly AA+, AA, and AAA - [3].

据了解，中证香港300行业主题指数系列从中证香港300指数样本中选取银行、运输、资源、基建、物流 和休闲等行业主题上市公司证券作为指数样本，以反映香港市场不同主题上市公司证券的整体表现。该 指数以2004年12月31日为基日，以1000.0点为基点。 作者：行情君 从指数持仓来看，中证香港300休闲指数十大权重分别为：快手-W（11.02%）、腾讯控股（10.37%）、 网易-S（9.58%）、百度集团-SW（9.45%）、携程集团-S（9.27%）、百胜中国（8.7%）、美团-W （7.73%）、银河娱乐（5.88%）、哔哩哔哩-W（3.44%）、金沙中国有限公司（3.3%）。 金融界8月13日消息，上证指数高开高走，中证香港300休闲指数 (H300休闲，H30329)报3001.95点。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情 ...

金融界8月6日消息，上证指数低开高走，中证香港300休闲指数 (H300休闲，H30329)报3078.60点。 数据统计显示，中证香港300休闲指数近一个月上涨6.81%，近三个月上涨15.53%，年至今上涨 19.31%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 本文源自：金融界 作者：行情君 从中证香港300休闲指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证香港300休闲指数持仓样本的行业来看，休闲服务占比41.56%、数字媒体占比39.23%、文化娱乐 占比11.80%、酒占比6.30%、营销与广告占比1.11%。 据了解，中证香港300行业主题指数系列从中证香港300指数样本中选取银行、运输、资源、基建、物流 和休闲等行业主题上市公司证券作为指数样本，以反映香港市场不同 ...

从指数持仓来看，中证香港300休闲指数十大权重分别为：快手-W（11.55%）、腾讯控股（9.97%）、 百度集团-SW（9.6%）、携程集团-S（9.56%）、网易-S（9.49%）、百胜中国（9.21%）、美团-W （7.95%）、银河娱乐（5.58%）、哔哩哔哩-W（3.42%）、金沙中国有限公司（3.07%）。 从中证香港300休闲指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证香港300休闲指数持仓样本的行业来看，休闲服务占比42.01%、数字媒体占比38.96%、文化娱乐 占比11.40%、酒占比6.49%、营销与广告占比1.14%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 金融界8月4日消息，上证指数低开高走，中证香港300休闲指数 (H300休闲，H30329)报2 ...

Core Viewpoint - The report outlines the performance and investment strategy of the Galaxy and Beautiful Life Mixed Securities Investment Fund for the second quarter of 2025, emphasizing its focus on long-term stable growth through investments in high-quality companies aligned with the "Beautiful Life" theme, which includes health, happiness, and safety aspects [1][2][3]. Fund Overview - The fund aims to achieve long-term stable appreciation of assets while controlling investment risks by selecting high-quality, growth-oriented companies that fit the "Beautiful Life" theme [2]. - The investment strategy includes asset allocation, stock investment, bond investment, asset-backed securities, stock index futures, warrants, and depositary receipts [2]. Investment Theme - The "Beautiful Life" theme focuses on three dimensions: - Health: Industries related to health such as food and beverage, textiles, and pharmaceuticals [3]. - Happiness: Industries enhancing life satisfaction, including leisure services, TMT (Technology, Media, and Telecommunications), transportation, and new energy [3]. - Safety: Industries that enhance life security, such as real estate, finance, and national defense [3]. Performance Metrics - The fund's performance benchmark is a combination of the CSI 800 Index return (70%) and the CSI All Bond Index return (30%) [4]. - The fund's risk-return profile is higher than money market and bond funds but lower than equity funds [4]. Financial Indicators - As of the end of the reporting period, the total fund shares amounted to 273,812,775.13 [2]. - The net value growth rates for the Galaxy and Beautiful Life Mixed A and C funds were -5.88% and -6.02%, respectively, against a benchmark return of 1.52% during the same period [11]. Asset Allocation - The fund's asset allocation at the end of the reporting period was primarily in stocks, accounting for 86.65% of total assets, with no investments in bonds or asset-backed securities [12]. - The largest sector allocation was in the information transmission, software, and IT services sector, comprising 52.02% of the fund's net asset value [12]. Fund Management - The fund manager, Galaxy Fund Management Co., Ltd., has committed to managing the fund with integrity and diligence, adhering to legal regulations and aiming for the long-term benefit of fund shareholders [9][10].

Core Insights - The China Securities Hong Kong 300 Leisure Index (H300 Leisure) has shown a significant increase, rising by 6.37% over the past month, 1.24% over the last three months, and 3.65% year-to-date [1] Group 1: Index Performance - The H300 Leisure Index is currently reported at 2674.35 points [1] - The index is designed to reflect the overall performance of listed companies in various sectors such as banking, transportation, resources, infrastructure, logistics, and leisure [1] Group 2: Index Composition - The top ten holdings of the H300 Leisure Index include Tencent Holdings (12.17%), NetEase (11.18%), Kuaishou (10.7%), Baidu Group (10.01%), Yum China (8.98%), Trip.com Group (8.54%), Meituan (8.46%), Galaxy Entertainment (5.49%), China Resources Beer (2.99%), and Bilibili (2.72%) [1] - The index is fully composed of stocks listed on the Hong Kong Stock Exchange, with a 100% allocation [1] Group 3: Sector Allocation - The sector allocation of the index shows that leisure services account for 40.90%, digital media for 38.37%, cultural entertainment for 12.44%, alcohol for 6.99%, and marketing and advertising for 1.30% [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December [2]

Core Viewpoint - The China Securities Hong Kong 300 Leisure Index (H300 Leisure) has shown a decline of 6.48% over the past month, but has increased by 3.86% over the last three months and 1.65% year-to-date [2] Group 1: Index Performance - The H300 Leisure Index is currently reported at 2622.85 points [1] - The index reflects the overall performance of listed companies in various themes such as banking, transportation, resources, infrastructure, logistics, and leisure, selected from the China Securities Hong Kong 300 Index [2] - The index was established on December 31, 2004, with a base point of 1000.0 [2] Group 2: Index Holdings - The top ten weighted companies in the H300 Leisure Index are Tencent Holdings (12.0%), NetEase-S (11.48%), Kuaishou-W (10.64%), Baidu Group-SW (10.57%), Yum China (9.36%), Trip.com Group-S (8.2%), Meituan-W (7.81%), Galaxy Entertainment (5.15%), China Resources Beer (3.1%), and Haidilao (2.79%) [2] - The index's holdings are entirely composed of companies listed on the Hong Kong Stock Exchange, with a 100.00% allocation [2] Group 3: Sector Allocation - The sector allocation of the H300 Leisure Index includes Leisure Services (39.89%), Digital Media (38.67%), Cultural Entertainment (12.69%), Alcohol (7.30%), and Marketing & Advertising (1.45%) [2] Group 4: Index Adjustment - The index samples are adjusted semi-annually, with adjustments implemented on the next trading day following the second Friday of June and December each year [3] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [3]

从指数持仓来看，中证香港300休闲指数十大权重分别为：腾讯控股（11.72%）、网易-S（11.24%）、 快手-W（10.7%）、百度集团-SW（10.16%）、百胜中国（9.2%）、美团-W（8.52%）、携程集团-S （8.35%）、银河娱乐（5.09%）、华润啤酒（3.21%）、青岛啤酒股份（2.78%）。 从中证香港300休闲指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证香港300休闲指数持仓样本的行业来看，休闲服务占比40.54%、数字媒体占比37.99%、文化娱乐 占比12.43%、酒占比7.67%、营销与广告占比1.38%。 金融界4月21日消息，上证指数低开高走，中证香港300休闲指数 (H300休闲，H30329)报2571.91点。 数据统计显示，中证香港300休闲指数近一个月下跌15.19%，近三个月上涨3.60%，年至今下跌0.33%。 据了解，中证香港300行业主题指数系列从中证香港300指数样本中选取银行、运输、资源、基建、物流 和休闲等行业主题上市公司证券作为指数样本，以反映香港市场不同主题上市公司证券的整体表现。该 指数以2004年12月31日为基日，以1 ...