12月23日，ETF开盘涨跌不一，信息安全ETF（562920）领涨4.69%，黄金基金ETF（159812）涨 3.20%，黄金股ETF基金（159315）涨2.55%，新材料ETF（516360）领跌1.09%，智能驾驶ETF （516520）跌1.03%，巴西ETF（520870）跌0.93%。 上证报中国证券网讯 12月23日，ETF开盘涨跌不一，信息安全ETF（562920）领涨4.69%，黄金基金 ETF（159812）涨3.20%，黄金股ETF基金（159315）涨2.55%，新材料ETF（516360）领跌1.09%，智 能驾驶ETF（516520）跌1.03%，巴西ETF（520870）跌0.93%。 | 什么马 | | | 涨幅% 1 | | --- | --- | --- | --- | | 562920 | 信息安全ETF | 1.050 | 4.69 | | 159812 | 黄金基金ETF | 9.768 | 3.20 | | 159315 | 黄金股ETF基金 | 1.729 | 2.55 | | 159653 | ESG300ETF | 1.223 | 2.34 | | 159 ...

Market Overview - As of May 26, 2025, the Shanghai Composite Index closed down 0.05% at 3346.84 points, the Shenzhen Component Index down 0.41% at 10091.16 points, and the ChiNext Index down 0.80% at 2005.26 points, indicating a broad loss across the market [1] - The total trading volume for the two markets reached 1.01 trillion yuan, with northbound capital remaining balanced in buying and selling [1] Sector Performance - The top three sectors in terms of gains were Other Electronics (+3.17%), Other Power Equipment (+3.13%), and Gaming (+2.86%) [1] - The sectors with the largest declines were Passenger Cars (-4.71%), Batteries (-2.31%), and Small Appliances (-2.11%) [1] ETF Performance - A total of 362 non-currency ETFs rose, with an increase ratio of 32% [1] - The China Animation and Gaming Index rose by 2.77%, with related ETFs such as the Gaming ETF from Huatai-PB increasing by 2.96% [1] - The China Information Security Theme Index increased by 1.68%, with its ETF rising by 2.32% [1] - The China Media Index rose by 1.63%, with its ETFs increasing by 1.90% and 1.71% respectively [1] Notable ETFs - The S&P 500 ETF (159612.SZ) saw a rise of 3.22%, with a total share size of 347 million [3] - The Gaming ETF (516010.SH) increased by 2.96%, with a total share size of 1.36 billion [4] - The Big Data Industry ETF (516700.SH) rose by 2.09%, with a total share size of 132 million [4] - The Media ETF (512980.SH) increased by 1.90%, with a total share size of 1.28 billion [6] Valuation Metrics - The current P/E ratio for the S&P 500 Index is 25.91, which is below 67.32% of the time over the past three years [4] - The P/E ratio for the China Animation and Gaming Index is 53.95, below 54.91% of the time over the past three years [4] - The P/E ratio for the Big Data Industry Index is 299.34, below 98.03% of the time over the past three years [4] Premium Rates - The S&P Consumer ETF closed with a premium of 28.26%, while the S&P 500 ETF had a premium of 20.17% [7][9]

Group 1: Fund Manager Dynamics - A well-known 'fund king' has never received a rating from Jinan due to significant style drift, operating open-end funds like closed-end funds, raising industry concerns [1] Group 2: Market Insights - Goldman Sachs' chief China equity strategist Liu Jinjun and his team support an overweight stance on the Chinese stock market, citing potential resilience in the RMB exchange rate and an expected moderate improvement in corporate earnings [2] - The first batch of innovative floating-rate funds will start selling on May 27, with most products expected to close fundraising in June [3] - Credit bond ETFs are set to officially implement a pledge-style repurchase business, with several public fund institutions' credit bond ETFs meeting the necessary conditions [4] Group 3: Banking Sector - With domestic deposit rates declining, over 70% of A-share listed banks have a dividend yield exceeding 4%, and some banks have yields surpassing 8%, making bank stocks more attractive than traditional savings [5] Group 4: New Fund Launches - 15 new public funds were launched, with over 70% being equity funds, primarily index funds, covering various sectors including fintech, internet, pharmaceuticals, and consumer goods [6] Group 5: ETF Market Performance - A-shares experienced a collective adjustment, with the Shanghai Composite Index down 0.05%, Shenzhen Component down 0.41%, and ChiNext down 0.80%, while the Northbound 50 Index rose 1.94% [7] - The total market turnover was 10,339 billion, a decrease of 1,487 billion from the previous day, with nearly 3,800 stocks rising [7] - The gaming sector saw strong performance, with multiple gaming ETFs rising between 2.93% and 2.96% [9] Group 6: Hong Kong Market Trends - Hong Kong automotive stocks experienced a pullback, with the Hong Kong Stock Connect automotive ETF down 4.38% and the Hong Kong automotive ETF down 4.31% [11]

Group 1: Fund News - The first batch of innovative floating rate funds will be launched starting May 27, following their approval last week [1] - 66 pharmaceutical-themed funds have increased by over 20% this year, with 251 out of 282 funds showing positive performance [1] - The Hong Kong-themed fund, Huatai-PB Hong Kong Advantage Selected Fund, has topped the performance rankings among public funds, with over 1,100 funds holding more than 20% of their net asset value in Hong Kong stocks showing positive returns this year [1] Group 2: Market Insights - The Hong Kong stock market has become one of the best-performing technology markets globally this year, driven by strong fundamentals and low valuations, according to fund manager Wang Guizhong [1] - The macro theme for this year is expected to be "recovery," with technology sectors, particularly AI, presenting nonlinear growth opportunities [1] - The IPO market in Hong Kong is anticipated to see a significant recovery in 2025, indicating substantial future investment opportunities [1] Group 3: ETF Market Review - The market experienced fluctuations, with the Shanghai Composite Index down by 0.05% and the Shenzhen Component Index down by 0.41%, with a total trading volume of 1.01 trillion yuan [2] - The S&P 500 ETF led the gains with an increase of 3.22%, while gaming and big data ETFs also performed well [2] Group 4: ETF Opportunities - The importance of network and information security is expected to grow, with related expenditures projected to maintain a high growth rate, suggesting potential investment in information security ETFs and big data ETFs [5]

Core Viewpoint - The cloud gaming industry continues to lead the market, with significant gains in the information security and big data sectors, as evidenced by the performance of related ETFs [1] Group 1: ETF Performance - Several ETFs related to big data have shown a half-day increase of over 1%, with specific ETFs like the Information Security ETF (159613) and the Big Data Industry ETF (516700) rising by 1.59% and 1.51% respectively [2][3] - The Information Security ETFs (159613 and 562920) have small scales, with half-day trading volumes below 10 million yuan, tracking the CSI Information Security Theme Index [3] Group 2: Index Composition - The CSI Information Security Theme Index includes listed companies involved in information security technology, products, and services, reflecting the overall performance of securities in the information security sector [4] - Major stocks in the CSI Information Security Theme Index include Inspur Information (5.78%), Unisoc (5.39%), and Hikvision (5.02%) [5] Group 3: Big Data Sector - The Big Data Industry ETF (516700), Big Data ETF (515400), and Data ETF (516000) also experienced gains exceeding 1%, with the Big Data ETF (515400) having a large scale of 2.3 billion shares and a half-day trading volume of 96.73 million yuan [6] - The CSI Big Data Industry Index selects companies involved in big data storage, analysis, operations, and applications, reflecting the overall performance of securities in the big data sector [6][7] - Key stocks in the CSI Big Data Industry Index include iFlytek (9.23%), Inspur Information (8.72%), and Unisoc (6.22%) [7]