Core Insights - The article provides an objective ranking of fund net asset values, highlighting the top-performing and bottom-performing funds without any subjective bias [1] Fund Performance Summary Top 10 Funds by Net Value Growth - The top-performing funds include: - Huafu Yongxin Flexible Allocation Mixed A with a net value of 1.7137, up by 4.96% [2] - Huafu Yongxin Flexible Allocation Mixed C with a net value of 1.6648, also up by 4.96% [2] - Wanjia Cycle Vision Stock Initiation A with a net value of 0.9939, up by 4.89% [2] - Wanjia Cycle Vision Stock Initiation C with a net value of 0.9931, up by 4.88% [2] - Qianhai Kaiyuan Gold and Silver Jewelry Mixed A with a net value of 2.4180, up by 4.45% [2] - Qianhai Kaiyuan Gold and Silver Jewelry Mixed C with a net value of 2.3630, up by 4.42% [2] - Southern CSI Hong Kong Gold Industry Stock Index Initiation A with a net value of 1.6638, up by 4.26% [2] - Southern CSI Hong Kong Gold Industry Stock Index Initiation C with a net value of 1.6596, up by 4.25% [2] - Yongying CSI Hong Kong Gold Industry ETF Initiation Link C with a net value of 1.8692, up by 4.24% [2] - Yongying CSI Hong Kong Gold Industry ETF Initiation Link A with a net value of 1.8793, up by 4.24% [2] Bottom 10 Funds by Net Value Decline - The underperforming funds include: - Huabao Overseas China Growth Mixed with a net value of 1.4560, down by 3.77% [3] - Bosera Greater China Mixed with a net value of 1.0430, down by 2.89% [3] - AVIC New Start A with a net value of 0.8586, down by 2.85% [3] - AVIC New Start C with a net value of 0.8421, down by 2.85% [3] - Huaan Greater China A with a net value of 2.2590, down by 2.67% [3] - Guofu National Certificate Hong Kong C with a net value of 0.9463, down by 2.66% [3] - Guofu National Certificate Hong Kong A with a net value of 0.9464, down by 2.66% [3] - Huaan Hong Kong Precision A with a net value of 2.8020, down by 2.64% [3] - Huaan Greater China C with a net value of 1.8460, down by 2.64% [3] - Fortune Core Advantage C with a net value of 1.6357, down by 2.57% [3] Market Overview - The Shanghai Composite Index showed slight fluctuations, closing with a minor increase, while the ChiNext Index exhibited similar behavior [5] - The total trading volume reached 1.74 trillion, with a stock rise-to-fall ratio of 1200:4175 [5] Leading Industries and Concepts - Industries with significant gains include: - Shipbuilding, Oil, Insurance, and Non-ferrous Metals, each rising over 2% [6] - Concepts leading the market include: - Aquaculture and Military Trade, both also increasing over 2% [6] Notable Holdings and Fund Strategies - The top holdings in the best-performing fund, Huafu Yongxin Flexible Allocation Mixed A, include: - Shandong Gold, with a daily increase of 5.98% [9] - Other significant holdings include Shandong International and Zijin Mining, contributing to a total holding concentration of 88.53% [9] - Conversely, the underperforming fund, Huabao Overseas China Growth Mixed, has a holding concentration of 38.75%, with major holdings in Jiangxi Copper and Luoyang Molybdenum, which have seen declines [9]

Core Viewpoint - The stock and mixed funds showed a positive return, with 70.59% achieving positive net value growth on May 21, 2023, while 340 funds experienced a net value decline exceeding 1% [1][2]. Fund Performance Summary - On May 21, the average net value growth rate for stock and mixed funds was 0.27%, with 34 funds exceeding a growth rate of 3% [1][2]. - The top-performing fund was 中航新起航灵活配置混合C, with a net value growth rate of 5.65%, followed closely by 中航新起航灵活配置混合A at 5.64% [1][2]. - Among the funds with a growth rate over 3%, 20 were index stock funds, 6 were flexible allocation funds, and 4 were standard stock funds [2]. Decline in Fund Value - A total of 340 funds recorded a net value decline exceeding 1%, with 金信量化精选混合A experiencing the largest drop at 2.86% [2][4]. - Other funds with significant declines included 金信量化精选混合C and 金信精选成长混合C, with declines of 2.86% and 2.70% respectively [4][5].