港口航运板块短线拉升，厦门港务直线涨停，国航远洋、海通发展、兴通股份、重庆港、南京港等纷纷 走高。相关ETF方面，交通运输ETF（159666）成交额490.42万元。 来源：滚动播报 ...

2025年12月3日，A股三大指数集体下跌，交通运输ETF（159666）逆势上涨0.5%。资金面上，交通运 输ETF（159666）持续获资金布局，连续五日净流入超1000万元。 消息面，日前，文化和旅游部、中国民航局联合印发《文化和旅游与民航业融合发展行动方案》。《行 动方案》提出，到2027年，旅游出行服务水平显著提高，国际国内旅游航线覆盖更广，融合产品和场景 更加丰富多元，文化和旅游与民航业实现更深层次、更大范围、更高质量的融合，形成需求牵引供给、 供给创造需求的良性发展格局。 中信证券表示，"民航+文旅"视为2026年消费复苏的核心主线。其认为政策以消费券补贴和产品创新双 轮驱动，既能直接拉动民航出行与文旅消费需求，又能推动航司、景区、酒店等主体的产品创新与协 同。短期建议重点关注消费券催化下的景区和航空股；中长期则看好连锁酒店的规模扩张潜力，以及低 空经济领域具备稀缺资源的龙头企业，这类企业将持续受益于新业态拓展带来的增量空间。 （文章来源：每日经济新闻） 交通运输ETF（159666）及其联接基金（019405/019404）是全市场唯一跟踪中证全指运输指数的ETF基 金，其涵盖了A股市场包括物 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 2025年12月2日，A股三大指数集体低开，交通运输ETF（159666）下跌0.4%。资金面上，交通运 输ETF（159666）持续获资金布局，连续四日净流入超900万元。 2025年，是"十四五"规划收官之年，也是"十五五"规划谋划之年，2025年全国交通运输工作会议要 求，要加强统筹、持续攻坚，做好两个五年规划的有效衔接，新的一年，要深刻认识交通固定资产投资 面临的新形势，谋划实施一批重大工程项目，发挥规划战略导向和重大项目牵引支撑作用，着力编规 划、建项目、促转型、抓改革、谋试点，在加快建设交通强国、推动行业高质量发展上当好排头兵。 交通运输ETF（159666）及其联接基金（019405/019404）是全市场唯一跟踪中证全指运输指数的 ETF基金，其涵盖了A股市场包括物流、铁路公路、航运港口、机场等，能够充分反映出A股运输行业 上市公司的整体表现 ...

交通运输ETF（159666）及其联接基金（019405/019404）是全市场唯一跟踪中证全指运输指数的ETF基 金，其涵盖了A股市场包括物流、铁路公路、航运港口、机场等，能够充分反映出A股运输行业上市公 司的整体表现。 11月14日，交通运输ETF（159666）上涨0.28%，冲击三连阳，持仓股招商轮船、海汽集团、海峡股份 涨超3%。 交通运输板块的防御属性，体现在市场震荡、经济下行等不确定环境中股价和业绩波动较小，能为投资 者提供稳定回报与风险对冲，核心源于多方面支撑：作为经济中游基础设施，其公路铁路客货运输、港 口装卸、快递配送等业务存在刚性需求，抗周期波动能力突出；板块内不少重资产运营的龙头或垄断性 基础设施运营商，长期低估值且现金流稳定、分红属性，高股息带来安全边际；叠加国家战略层面的政 策扶持与资金支持，有效降低行业经营风险、平滑波动；且细分领域分化，公路、铁路、快递等内需敞 口板块防御性更优，航空、航运等板块波动也低于多数高成长、高波动板块，整体防御特质显著。 （文章来源：每日经济新闻） ...

Group 1 - The core viewpoint of the article highlights the positive impact of the reduction in tariffs and the suspension of port fees between China and the U.S., which is expected to lower trade costs and boost shipping demand [1] - The transportation ETF (159666) rose by 0.87%, with notable stock performances including HNA Technology hitting the daily limit and Haikou Group increasing by over 7% [1] - CITIC Securities pointed out that the suspension of tariffs and port fee exemptions has eliminated uncertainties in trade friction, leading to a rebound in booking volumes on China-U.S. shipping routes and an overall restoration of market confidence [1] Group 2 - The transportation ETF (159666) and its linked funds (019405/019404) are the only ETFs tracking the CSI All Share Transportation Index, reflecting the overall performance of listed companies in the transportation sector in the A-share market [1] - The transportation sector includes companies with characteristics such as high dividends, low valuations, and stable performance, covering logistics, railways, highways, shipping ports, and airports [1] - The article emphasizes the enhanced expectations for global supply chain stability due to the recent developments in trade relations [1]

Core Insights - The transportation ETF (159666) has shown a slight increase of 0.19% as of November 3, 2025, with notable gains in stocks such as HNA Technology rising over 8% and Strait Holdings increasing over 6% [1] - The oil shipping sector has experienced a significant rise, with the average VLCC-TCE increasing by 44.1% to $114,000 per day, driven by strong demand from the Middle East [1] - The suspension of the special port fees between China and the U.S. is expected to reduce operational costs by approximately $260 per TEU, enhancing the profitability of related shipping companies [2] Transportation Sector Performance - The transportation ETF has accumulated a 0.79% increase over the past week as of October 31, 2025 [1] - The SCFI composite index for foreign trade container shipping rose by 10.5% to 1551 points, indicating sustained pricing power in the container shipping sector [1] - The domestic container shipping price index (PDCI) increased by 8.9% to 1181 points, supported by strong shipments of grain and coal [1] Market Dynamics - The BDI index experienced a slight decline of 1.3% to 1966 points, reflecting a mixed performance in the bulk shipping sector [1] - The overall transportation sector includes companies with high dividends, low valuations, and stable performance, covering logistics, railways, highways, shipping ports, and airports [2] - The recent policy changes, including the suspension of certain tariffs and export controls by the U.S., are expected to boost China's export dynamics significantly [2]

Core Insights - The A-share market experienced a collective decline on October 28, 2025, with over 2,600 stocks falling, while the transportation sector led the gains [1] - The Shanghai Shipping Exchange reported a continued rebound in China's export container transportation market, with the Shanghai Export Container Freight Index rising by 7.1% to 1403.46 points [1] - China's GDP grew by 5.2% year-on-year in the first three quarters, indicating stable economic performance and providing a solid foundation for transportation demand [1] Industry Summary - The transportation ETF (159666) is the only fund tracking the CSI All Share Transportation Index, reflecting the overall performance of listed companies in the transportation sector, including logistics, railways, highways, shipping ports, and airports [2] - Companies within the transportation sector are characterized by high dividends, low valuations, and stable performance, making them attractive investment options [2]

Core Viewpoint - The A-share market experienced a collective decline on October 10, 2025, with over 2,300 stocks falling, while the transportation sector showed resilience with a notable increase in passenger flow during the National Day holiday [1] Market Performance - A-share indices opened lower, with significant declines across various sectors, particularly in electronics, power equipment, and computing, while coal, textiles, building materials, and non-bank financials led the gains [1] - The Transportation ETF (159666) was the only fund tracking the CSI Transportation Index, rising by 0.6%, with key holdings such as Dongguan Holdings increasing over 5% [1] Passenger Flow Data - The National Day and Mid-Autumn Festival holiday saw a record high in cross-regional passenger flow, totaling 2.433 billion trips over eight days, averaging a year-on-year increase of 6.3% and a 30.8% increase compared to 2019 [1] - Breakdown of passenger transport volume included: - Rail: 154 million trips (+2.6% YoY) - Road: 2.248 billion trips (+6.6% YoY) - Civil Aviation: 19.14 million trips (+3.3% YoY) - Water Transport: 11.66 million trips (+4.1% YoY) [1] Sector Characteristics - Companies within the transportation sector are characterized by high dividends, low valuations, and stable performance, encompassing logistics, railways, highways, shipping ports, and airports, reflecting the overall performance of listed companies in the A-share transportation industry [1]

Group 1 - The A-share market showed mixed performance on September 5, with over 3,000 stocks declining, while sectors such as electric equipment, non-ferrous metals, and basic chemicals led the gains, and retail, comprehensive, and beauty care sectors lagged [1] - As of the end of Q2, insurance capital significantly increased holdings in industries such as transportation, communication, and public utilities, with notable increases in shares of CITIC Bank, Beijing-Shanghai High-Speed Railway, and China Telecom, each exceeding 200 million shares [1] - According to招商证券, by the end of Q2 2025, the top five industries by insurance capital holdings in A-shares will be banking, transportation, communication, real estate, and electric and public utilities, indicating a stable growth outlook for highway enterprises and their low volatility dividend attributes [1] Group 2 - The Transportation ETF (159666) and its linked funds are the only ETFs tracking the CSI All-Transportation Index, which includes logistics, railways, highways, shipping ports, and airports, reflecting the overall performance of A-share transportation industry listed companies [2]

Group 1 - The A-share market showed mixed performance on August 21, 2025, with the transportation ETF (159666) rising by 0.59%, indicating strong momentum in the sector [1] - In the first seven months of this year, fixed asset investment in rural roads reached 206.24 billion yuan, with 51% of the annual target already completed through the construction of 51,000 kilometers of new and renovated rural roads [1] - During the "14th Five-Year Plan" period, a total of 716,000 kilometers of rural roads are planned to be newly constructed or renovated, resulting in a total length of 4.644 million kilometers, which is a 6% increase compared to the end of the "13th Five-Year Plan" [1] Group 2 - Dongxing Securities believes that the highway sector will benefit from a long-term interest rate cut cycle due to its stable performance and high dividend willingness, suggesting a strong outlook for the sector [1] - The transportation ETF (159666) and its linked funds (019405/019404) are the only ETFs tracking the CSI All-Transportation Index, reflecting the overall performance of listed companies in the A-share transportation industry, including logistics, railways, highways, shipping ports, and airports [1] - Companies within the transportation sector are characterized by high dividends, low valuations, and stable performance, making them attractive investment opportunities [1]