Market Overview - On July 18, A-shares saw all three major indices rise, with the Shanghai Composite Index up by 0.50%, Shenzhen Component Index up by 0.37%, and ChiNext Index up by 0.34% [1] - The China A50 Index increased by 0.89%, showing a significant upward trend, with approximately 2,600 stocks in the market rising [1] Sector Performance - In the industry sector, non-ferrous metals (2.10%), basic chemicals (1.36%), and steel (1.34%) led the gains, while media (-0.98%), electronics (-0.49%), and light industry manufacturing (-0.41%) saw declines [7] Hot Topics Rare Earth Metals - A new rare earth mineral named "Neodymium Yellow River Ore" was discovered in Inner Mongolia, which may impact the rare earth market [7] - East China Securities noted that the price gap for rare earths is widening, with many products related to praseodymium and neodymium experiencing price declines. Companies with significant rare earth exports are expected to have better profit margins [7] - The demand for new energy in China is growing, benefiting high-end manufacturing in the downstream sector [7] Science and Technology Bonds - The first batch of science and technology bond ETFs was launched on July 17, with a total trading volume of 809 billion yuan on the first day. The Penghua Science and Technology Bond ETF led with a trading volume of 183 billion yuan [8] - The active market for science and technology bonds indicates a mature condition for launching these ETFs, which will guide funds towards innovative technology sectors and support the financing of the science and technology industry [8]

一、ETF行业快讯1.三大指数涨跌互现，电力ETF领涨 今日，三大指数涨跌互现，上证综指上涨0.02%，深证成指下跌0.7%，创业板指下跌1.21%。多只公用 事业板块ETF上涨，其中，电力ETF（159611.SZ）上涨2.02%，电力ETF（561560.SH）上涨1.92%， 电力ETF南方（560580.SH）上涨1.92%。 信达证券表示，国内历经多轮电力供需矛盾紧张之后，电力板块有望迎来盈利改善和价值重估。展望未 来，我们认为电力运营商的业绩有望大幅改善。 2.首批科创债ETF启动发行 据新华社，距离首批科创债ETF获批不到一周，7月7日，首批科创债ETF启动发行，信用债ETF迎来年 内第二次大扩容。据上交所披露，截至6月中旬，交易所市场共有科创债1273只，余额超1.3万亿元。持 续扩容的科创债市场，为科创债ETF的推出奠定了市场基础。6月18日，证监会主席在2025陆家嘴论坛 上表示，大力发展科创债，加快推出科创债ETF。当天，首批10只科创债ETF上报，并于7月2日迅速获 批，7月7日便启动发行。 3.第二批新模式浮动费率基金产品上报 据每日经济新闻，近期，又有11只新模式浮动费率基金产品上 ...