Report Summary 1. Market Overview - The Shanghai Composite Index rose 0.97% to close at 4007.76 points, the Shenzhen Component Index rose 1.73% to close at 13452.42 points, and the ChiNext Index rose 1.84% to close at 3224.62 points. The total trading volume of A-shares in the two markets was 2076.2 billion yuan. The top-performing sectors were non-ferrous metals (3.05%), electronics (3.00%), and communication (2.37%), while the bottom-performing sectors were media (-1.35%), social services (-1.10%), and commercial and retail (-1.04%) [2][6]. 2. Stock ETFs - The top-traded stock ETFs were Huaxia CSI A500 ETF (up 1.55% with a discount rate of 1.49%), Harvest Shanghai Sci-Tech Innovation Board Chip ETF (up 4.50% with a discount rate of 4.50%), and Huaxia Shanghai Sci-Tech Innovation Board 50 ETF (up 3.36% with a discount rate of 3.36%) [3][7]. 3. Bond ETFs - The top-traded bond ETFs were Haifutong CSI Short-term Financing Bond ETF (up 0.00% with a discount rate of 0.01%), Huitianfu CSI AAA Sci-Tech Innovation Bond ETF (down 0.05% with a discount rate of -0.28%), and Guotai CSI AAA Sci-Tech Innovation Corporate Bond ETF (down 0.04% with a discount rate of -0.10%) [4][9]. 4. Gold ETFs - Gold AU9999 rose 0.88% and Shanghai Gold rose 0.67%. The top-traded gold ETFs were Huaan Gold ETF (up 0.56% with a discount rate of 0.59%), Boshi Gold ETF (up 0.54% with a discount rate of 0.55%), and E Fund Gold ETF (up 0.56% with a discount rate of 0.58%) [12]. 5. Commodity Futures ETFs - The top-traded commodity futures ETFs were China Construction Bank Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF (up 0.73% with a discount rate of 1.19%), Dacheng Non-ferrous Metals Futures ETF (up 0.56% with a discount rate of 0.64%), and Huaxia Feed Soybean Meal Futures ETF (down 0.40% with a discount rate of 1.19%) [15]. 6. Cross-border ETFs - The previous trading day saw the Dow Jones Industrial Average rise 0.48%, the Nasdaq Composite rise 0.65%, the S&P 500 rise 0.37%, and the German DAX rise 0.42%. Today, the Hang Seng Index rose 2.12% and the Hang Seng China Enterprises Index rose 2.10%. The top-traded cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF (up 1.93% with a discount rate of 2.55%), GF CSI Hong Kong Innovative Drugs ETF (up 0.45% with a discount rate of 0.93%), and Huatai-PineBridge Hang Seng Tech ETF (up 2.08% with a discount rate of 2.65%) [17]. 7. Money Market ETFs - The top-traded money market ETFs were Yin Hua Day Profit ETF, Hua Bao Add Benefit ETF, and Money Market ETF China Construction Bank Add Benefit [19].

Report Summary 1. Market Overview - The Shanghai Composite Index rose 0.55% to close at 3976.52 points, the Shenzhen Component Index rose 0.19% to close at 13404.06 points, and the ChiNext Index rose 0.29% to close at 3196.87 points. The total trading volume of A - shares in the two markets was 2132.5 billion yuan. The top - performing sectors were Media (3.13%), Coal (2.52%), and Petroleum & Petrochemical (2.28%), while the bottom - performing sectors were Non - Ferrous Metals (-1.21%), Household Appliances (-0.66%), and Comprehensive (-0.39%) [2][6] 2. Stock ETFs - Among the stock ETFs with high trading volume, the Huaxia CSI A500ETF had a change of 0.00% with a premium rate of 0.15%; the Huaxia Shanghai Sci - Tech Innovation Board 50ETF fell 1.21% with a premium rate of -1.12%; the Cathay CSI A500ETF rose 0.17% with a premium rate of 0.20% [3][7] 3. Bond ETFs - The top - traded bond ETFs included the Haifutong CSI Short - Term Financing Bond ETF with a change of 0.00% and a premium rate of 0.00%; the Huaxia CSI AAA Science and Technology Innovation Corporate Bond ETF rose 0.03% with a premium rate of -0.12%; the Cathay CSI AAA Science and Technology Innovation Corporate Bond ETF rose 0.04% with a premium rate of -0.02% [4][9] 4. Gold ETFs - Gold AU9999 fell 0.16% and Shanghai Gold fell 0.11%. Among the high - volume gold ETFs, the Huaan Gold ETF rose 0.03% with a premium rate of -0.20%; the E Fund Gold ETF rose 0.11% with a premium rate of -0.22%; the Bosera Gold ETF rose 0.10% with a premium rate of -0.21% [12] 5. Commodity Futures ETFs - The Dacheng Non - Ferrous Metals Futures ETF rose 0.66% with a premium rate of 0.43%; the Huaxia Feed Soybean Meal Futures ETF rose 0.31% with a premium rate of 1.72%; the Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.40% with a premium rate of -0.70% [13][14] 6. Cross - border ETFs - The previous trading day saw the Dow Jones Industrial Average rise 0.09%, the Nasdaq rise 0.61%, the S&P 500 rise 0.26%, and the German DAX fall 0.67%. On the reporting day, the Hang Seng Index rose 0.97% and the Hang Seng China Enterprises Index rose 0.98%. Among the high - volume cross - border ETFs, the GF CSI Hong Kong Innovative Drugs ETF rose 1.02% with a premium rate of 2.48%; the E Fund CSI Hong Kong Securities Investment Theme ETF fell 0.09% with a premium rate of 0.57%; the Huatai - Berry Hang Seng Technology ETF rose 0.25% with a premium rate of 0.74% [15] 7. Money Market ETFs - The money market ETFs with high trading volume were the Yin Hua Rili ETF, the Hua Bao Tian Yi ETF, and the Money Market ETF Jianxin Tian Yi [17]

Report Summary 1. Market Overview - A-shares declined with the Shanghai Composite Index down 0.73% to 3986.90, the Shenzhen Component Index down 1.16% to 13532.13, and the ChiNext Index down 1.84% to 3263.02. The trading volume of A-shares reached 24646 billion yuan. The top-performing sectors were steel (0.90%), non-ferrous metals (0.79%), and public utilities (0.13%), while the worst-performing sectors were communications (-2.83%), electronics (-2.23%), and national defense and military industry (-1.95%) [2][6] 2. Stock ETFs - The most actively traded stock ETFs were Huaxia Shanghai Sci-Tech Innovation Board 50 ETF (down 1.92% with a discount rate of -1.82%), Huaxia CSI A500 ETF (down 0.84% with a discount rate of -0.87%), and Cathay CSI A500 ETF (down 0.91% with a discount rate of -0.90%) [3][7] 3. Bond ETFs - The most actively traded bond ETFs were Haifutong CSI Short-term Financing Bond ETF (up 0.01% with a discount rate of 0.00%), Cathay CSI AAA Technology Innovation Corporate Bond ETF (up 0.06% with a discount rate of 0.02%), and Bosera CSI Convertible and Exchangeable Bond ETF (down 0.74% with a discount rate of -0.88%) [4][9] 4. Gold ETFs - Gold AU9999 fell 0.66% and Shanghai Gold rose 0.07%. The most actively traded gold ETFs were Huaan Gold ETF (up 0.14% with a discount rate of -0.33%), E Fund Gold ETF (up 0.01% with a discount rate of -0.48%), and Bosera Gold ETF (down 0.06% with a discount rate of -0.52%) [12] 5. Commodity Futures ETFs - Dacheng Non-ferrous Metals Futures ETF fell 0.82% with a discount rate of -0.24%, Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 1.67% with a discount rate of -1.25%, and Huaxia Feed Soybean Meal Futures ETF fell 0.56% with a discount rate of 2.10% [13] 6. Cross-border ETFs - The previous trading day saw the Dow Jones Industrial Average down 0.16%, the NASDAQ up 0.55%, the S&P 500 unchanged, and the German DAX down 0.64%. Today, the Hang Seng Index fell 0.24% and the Hang Seng China Enterprises Index fell 0.31%. The most actively traded cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF (down 2.87% with a discount rate of -0.99%), Huatai-PineBridge Hang Seng Tech ETF (down 2.45% with a discount rate of -0.86%), and Huaxia Hang Seng Tech ETF (down 2.29% with a discount rate of -1.01%) [16] 7. Money Market ETFs - The most actively traded money market ETFs were Yin Hua Day Profit ETF, Hua Bao Tian Yi ETF, and Money Market ETF Jian Xin Tian Yi [18]

Market Overview - The Shanghai Composite Index rose 0.70% to close at 4016.33 points, the Shenzhen Component Index rose 1.95% to close at 13691.38 points, and the ChiNext Index rose 2.93% to close at 3324.27 points. The trading volume of A-shares in the two markets was 2290.9 billion yuan. The top-performing sectors were power equipment (4.79%), non-ferrous metals (4.28%), and non-bank finance (2.08%), while the bottom-performing sectors were banks (-1.98%), comprehensive (-0.56%), and food and beverage (-0.56%) [2][6]. Stock ETF - The top-trading-volume stock ETFs were Huaxia CSI A500 ETF, which rose 1.35% with a discount rate of 1.32%; Cathay CSI All-China Securities Company ETF, which rose 2.22% with a discount rate of 2.22%; and Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF, which rose 1.29% with a discount rate of 1.27% [3][7]. - The top ten trading-volume stock ETFs and their detailed information are presented in Chart 1, including code, fund name, price, return, tracking index, IOPV, discount rate, trading volume, and latest share [8]. Bond ETF - The top-trading-volume bond ETFs were Haifutong CSI Short-Term Financing Bond ETF, which rose 0.01% with a discount rate of -0.00%; Huaxia Shanghai Stock Exchange Benchmark Market-Making Corporate Bond ETF, which rose 0.09% with a discount rate of -0.17%; and Boshi CSI Convertible and Exchangeable Bond ETF, which rose 1.05% with a discount rate of 0.77% [4][9]. - The top five trading-volume bond ETFs and their detailed information are presented in Chart 2, including code, fund name, price, return, discount rate, and trading volume [10]. Gold ETF - Gold AU9999 rose 1.82%, and Shanghai Gold rose 1.03%. The top-trading-volume gold ETFs were Huaan Gold ETF, which rose 1.11% with a discount rate of 1.34%; E Fund Gold ETF, which rose 1.11% with a discount rate of 1.32%; and Boshi Gold ETF, which rose 1.15% with a discount rate of 1.35% [12]. - The top five trading-volume gold ETFs and their detailed information are presented in Chart 3, including code, fund name, price, return, trading volume, IOPV, and discount rate [13]. Commodity Futures ETF - Dacheng Non-Ferrous Metals Futures ETF rose 1.61% with a discount rate of 0.89%; Huaxia Feed Soybean Meal Futures ETF fell 0.36% with a discount rate of 2.96%; and Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.56% with a discount rate of 0.40% [13]. - The detailed information of commodity futures ETFs, including code, fund name, price, return, trading volume, IOPV, discount rate, tracking index, and tracking index return, is presented in Chart 4 [14]. Cross-Border ETF - The previous trading day, the Dow Jones Industrial Average rose 0.34%, the Nasdaq Composite rose 0.80%, the S&P 500 rose 0.23%, and the German DAX fell 0.12%. The Hong Kong stock market was closed today. The top-trading-volume cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF, which rose 1.70% with a discount rate of 1.91%; Huatai-PineBridge CSI Korea Exchange Sino-Korean Semiconductor ETF, which rose 3.52% with a discount rate of 7.52%; and GF CSI Hong Kong Innovative Drug ETF, which rose 0.89% with a discount rate of 0.83% [15]. - The top five trading-volume cross-border ETFs and their detailed information are presented in Chart 5, including code, fund name, trading volume, return, and discount rate [16]. Money Market ETF - The top-trading-volume money market ETFs were Yin Hua Day Profit ETF, Hua Bao Add Benefit ETF, and Money Market ETF Jianxin Add Benefit [17]. - The top three trading-volume money market ETFs and their trading volumes are presented in Chart 6 [19].

Report Summary Market Overview - On October 27, 2025, the Shanghai Composite Index rose 1.18% to 3996.94 points, the Shenzhen Component Index rose 1.51% to 13489.40 points, and the ChiNext Index rose 1.98% to 3234.45 points. The total trading volume of A-shares in the two markets was 2356.8 billion yuan. The top-performing sectors were communication (3.22%), electronics (2.96%), and comprehensive (2.68%), while the bottom-performing sectors were media (-0.95%), food and beverage (-0.20%), and real estate (-0.11%) [2][6]. Stock ETFs - The top-traded stock ETFs on this day were Huaxia SSE STAR 50 ETF, which rose 1.50% with a discount rate of 1.48%; Harvest SSE STAR Market Chip ETF, which rose 1.96% with a discount rate of 1.85%; and Huaxia CSI A500 ETF, which rose 1.28% with a discount rate of 1.33% [3][7]. Bond ETFs - The top-traded bond ETFs were Haifutong CSI Short-term Financing Bond ETF, which fell 0.00% with a discount rate of 0.00%; Cathay CSI AAA Sci-tech Innovation Corporate Bond ETF, which rose 0.02% with a discount rate of -0.03%; and Huaxia SSE Benchmark Market-making Corporate Bond ETF, which rose 0.06% with a discount rate of -0.31% [4][9]. Gold ETFs - Gold AU9999 fell 0.51% and Shanghai Gold fell 0.47%. The top-traded gold ETFs were Huaan Gold ETF, which fell 0.40% with a discount rate of -0.41%; Boshi Gold ETF, which fell 0.40% with a discount rate of -0.44%; and E Fund Gold ETF, which fell 0.46% with a discount rate of -0.44% [12]. Commodity Futures ETFs - Dacheng Non-ferrous Metals Futures ETF rose 0.72% with a discount rate of 1.30%; Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 1.04% with a discount rate of 0.71%; and Huaxia Feed Soybean Meal Futures ETF rose 0.77% with a discount rate of 4.30% [15]. Cross-border ETFs - The previous trading day, the Dow Jones Industrial Average rose 1.01%, the Nasdaq rose 1.15%, the S&P 500 rose 0.79%, and the German DAX rose 0.13%. On this day, the Hang Seng Index rose 1.05% and the Hang Seng China Enterprises Index rose 1.10%. The top-traded cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF, which rose 2.45% with a discount rate of 1.49%; Huatai-PineBridge Hang Seng Tech ETF, which rose 1.99% with a discount rate of 2.15%; and Huatai-PineBridge CSI KRX China-South Korea Semiconductor ETF, which rose 4.58% with a discount rate of 4.61% [18]. Money ETFs - The top-traded money ETFs were Yin Hua Ri Li ETF, Hua Bao Tian Yi ETF, and Money ETF Jian Xin Tian Yi [20].

Report Summary 1. Market Overview - On October 20, 2025, the Shanghai Composite Index rose 0.63% to 3863.89 points, the Shenzhen Component Index rose 0.98% to 12813.21 points, and the ChiNext Index rose 1.98% to 2993.45 points. The total trading volume of A - shares in the two markets was 17515 billion yuan. The top - performing sectors were communication (3.21%), coal (3.04%), and power equipment (1.54%), while the bottom - performing sectors were non - ferrous metals (-1.34%), agriculture, forestry, animal husbandry and fishery (-0.88%), and beauty care (-0.38%) [2][6] 2. Stock ETFs - The top - trading - volume stock ETFs on this day were: Huaxia CSI A500 ETF, which rose 0.44% with a discount rate of 0.50%; Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF, which rose 0.28% with a discount rate of 0.39%; and Cathay CSI A500 ETF, which rose 0.53% with a discount rate of 0.60% [3][7] 3. Bond ETFs - The top - trading - volume bond ETFs on this day were: Haifutong CSI Short - Term Financing Bond ETF, which rose 0.00% with a discount rate of 0.01%; Huitianfu CSI AAA Sci - tech Innovation Bond ETF, which rose 0.00% with a discount rate of -0.19%; and Boshi CSI Convertible Bond and Exchangeable Bond ETF, which rose 0.05% with a discount rate of 0.12% [4][9] 4. Gold ETFs - On this day, gold AU9999 fell 2.29% and Shanghai Gold fell 2.64%. The top - trading - volume gold ETFs were: Huaan Gold ETF, which fell 3.14% with a discount rate of -2.86%; E Fund Gold ETF, which fell 3.18% with a discount rate of -2.82%; and Boshi Gold ETF, which fell 3.21% with a discount rate of -2.85% [12] 5. Commodity Futures ETFs - On this day, Dacheng Non - ferrous Metals Futures ETF rose 0.68% with a discount rate of 0.25%; Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.24% with a discount rate of -0.93%; and Huaxia Feed Soybean Meal Futures ETF rose 0.42% with a discount rate of 4.14% [13] 6. Cross - border ETFs - The previous trading day, the Dow Jones Industrial Average rose 0.52%, the Nasdaq Composite rose 0.52%, the S&P 500 rose 0.53%, and the German DAX fell 1.82%. On this day, the Hang Seng Index rose 2.42% and the Hang Seng China Enterprises Index rose 2.45%. The top - trading - volume cross - border ETFs on this day were: E Fund CSI Hong Kong Securities Investment Theme ETF, which rose 0.54% with a discount rate of 1.07%; Huatai - Peregrine Hang Seng Tech ETF, which rose 2.34% with a discount rate of 3.52%; and Huaxia Hang Seng Tech ETF, which rose 2.17% with a discount rate of 3.26% [15] 7. Money ETFs - The top - trading - volume money ETFs on this day were Huabao Tianyi ETF, Yin Hua Rili ETF, and Money ETF Jianxin Tianyi [17]

Report Summary 1. Report Industry Investment Rating No industry investment rating is provided in the report. 2. Core View of the Report On October 17, 2025, the A - share market generally declined, with significant drops in major indices and certain industries. Different types of ETFs showed varying performance, with stock ETFs mostly falling, bond ETFs generally rising, gold ETFs rising, commodity - futures ETFs falling, and cross - border ETFs also mostly declining. [2][3][4] 3. Summary by Relevant Catalogs Market Overview - The Shanghai Composite Index fell 1.95% to 3839.76 points, the Shenzhen Component Index dropped 3.04% to 12688.94 points, and the ChiNext Index declined 3.36% to 2935.37 points. The trading volume of A - shares in the two markets was 19547 billion yuan. The industries with the largest declines were power equipment (-4.99%), electronics (-4.17%), and machinery and equipment (-3.69%) [2][6] Stock ETF - The top - trading - volume stock ETFs included: Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF, which fell 3.63% with a discount rate of -3.65%; Harvest Shanghai Stock Exchange Science and Technology Innovation Board Chip ETF, which dropped 4.12% with a discount rate of -4.16%; Huaxia CSI A500 ETF, which declined 2.41% with a discount rate of -2.43% [3][7] Bond ETF - The top - trading - volume bond ETFs were: Haifutong CSI Short - Term Financing Bond ETF, which rose 0.02% with a discount rate of 0.01%; Huaxia Shanghai Stock Exchange Benchmark Market - Making Treasury Bond ETF, which increased 0.23% with a discount rate of 0.25%; Cathay CSI AAA Science and Technology Innovation Corporate Bond ETF, which went up 0.03% with a discount rate of -0.09% [4][9] Gold ETF - Gold AU9999 rose 3.00% and Shanghai Gold increased 3.24%. The top - trading - volume gold ETFs were: Huaan Gold ETF, which rose 3.50% with a discount rate of 3.29%; E Fund Gold ETF, which climbed 3.66% with a discount rate of 3.38%; Bosera Gold ETF, which advanced 3.62% with a discount rate of 3.39% [12] Commodity Futures ETF - Dacheng Non - Ferrous Metals Futures ETF fell 0.62% with a discount rate of -0.53%; Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF dropped 1.68% with a discount rate of -1.18%; Huaxia Feed Soybean Meal Futures ETF declined 1.13% with a discount rate of 2.53% [13] Cross - border ETF - The previous trading day, the Dow Jones Industrial Average fell 0.65%, the Nasdaq Composite dropped 0.47%, and the S&P 500 declined 0.63%, while the German DAX rose 0.38%. On this day, the Hang Seng Index fell 2.48% and the Hang Seng China Enterprises Index dropped 2.67%. The top - trading - volume cross - border ETFs were: E Fund CSI Hong Kong Securities Investment Theme ETF, which fell 3.13% with a discount rate of -3.46%; Huatai - Peregrine Hang Seng Technology ETF, which declined 3.27% with a discount rate of -3.19%; Huaxia Hang Seng Technology ETF, which dropped 3.21% with a discount rate of -3.03% [15] Currency ETF - The top - trading - volume currency ETFs were: Silver Hua Daily Interest ETF, Huabao Add - Benefit ETF, and Currency ETF Jianxin Add - Benefit [17]

Market Overview - On October 14, 2025, the Shanghai Composite Index fell 0.62% to 3865.23 points, the Shenzhen Component Index dropped 2.54% to 12895.11 points, and the ChiNext Index declined 3.99% to 2955.98 points. The trading volume of A-shares in the two markets was 2596.9 billion yuan. The top-performing sectors were banking (2.51%), coal (2.18%), and food and beverage (1.69%), while the worst-performing sectors were communication (-4.98%), electronics (-4.64%), and non-ferrous metals (-3.66%) [2][6] Stock ETF - The top-traded stock ETFs on this day were Huaxia Shanghai Science and Technology Innovation Board 50 ETF, which fell 4.20% with a discount rate of -4.22%; E Fund ChiNext ETF, down 3.93% with a discount rate of -3.99%; and Harvest Shanghai Science and Technology Innovation Board Chip ETF, dropping 5.26% with a discount rate of -5.25% [3][7] Bond ETF - The top-traded bond ETFs included Haifutong CSI Short-term Financing Bond ETF, down 0.01% with a discount rate of -0.02%; Boshi CSI Convertible and Exchangeable Bond ETF, falling 0.94% with a discount rate of -1.04%; and Huaxia Shanghai Benchmark Market-making Treasury Bond ETF, rising 0.03% with a discount rate of 0.13% [4][9] Gold ETF - Gold AU9999 rose 1.51% and Shanghai Gold increased 1.25%. The top-traded gold ETFs were Huaan Gold ETF, up 1.32% with a discount rate of 1.23%; E Fund Gold ETF, rising 1.11% with a discount rate of 0.95%; and Boshi Gold ETF, increasing 1.07% with a discount rate of 0.98% [12] Commodity Futures ETF - Dacheng Non-ferrous Metals Futures ETF fell 0.90% with a discount rate of -0.63%; Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF dropped 2.21% with a discount rate of -2.18%; and Huaxia Feed Soybean Meal Futures ETF declined 0.67% with a discount rate of 2.76% [13] Cross-border ETF - The previous trading day, the Dow Jones Industrial Average rose 1.29%, the Nasdaq Composite increased 2.21%, the S&P 500 climbed 1.56%, and the German DAX rose 0.60%. On this day, the Hang Seng Index fell 1.73% and the Hang Seng China Enterprises Index dropped 1.55%. The top-traded cross-border ETFs were E Fund CSI Hong Kong Securities Investment Theme ETF, down 0.80% with a discount rate of -1.56%; Huatai-PineBridge Hang Seng Technology ETF, falling 2.71% with a discount rate of -2.92%; and Huaxia Hang Seng Technology ETF, dropping 2.78% with a discount rate of -2.79% [15] Currency ETF - The top-traded currency ETFs were Yin Hua Day Profit ETF, Hua Bao Add Benefit ETF, and Currency ETF Jianxin Add Benefit [17]

Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report On October 13, 2025, the A-share market showed a downward trend, with different performances among various industries and ETFs. The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all declined, while some industries like non-ferrous metals, environmental protection, and steel saw gains, and sectors such as automobiles, household appliances, and beauty care suffered losses. Different types of ETFs also had diverse price movements and trading volumes [2][6]. 3. Summary by Related Catalogs Market Overview - The Shanghai Composite Index fell 0.19% to close at 3889.50 points, the Shenzhen Component Index dropped 0.93% to 13231.47 points, and the ChiNext Index declined 1.11% to 3078.76 points. The total trading volume of A-shares in the two markets was 23745 billion yuan. The top-performing industries were non-ferrous metals (3.35%), environmental protection (1.65%), and steel (1.49%), while the worst-performing were automobiles (-2.33%), household appliances (-1.74%), and beauty care (-1.58%) [2][6]. Stock ETF - The top-traded stock ETFs included the Huaxia Shanghai Science and Technology Innovation Board 50 ETF, which rose 1.18% with a premium rate of 1.37%; the E Fund ChiNext ETF, which fell 1.32% with a premium rate of -1.14%; and the Harvest Shanghai Science and Technology Innovation Board Chip ETF, which increased 2.35% with a premium rate of 2.57% [3][7]. Bond ETF - The leading bond ETFs in terms of trading volume were the Haifutong CSI Short-term Financing Bond ETF, up 0.01% with a premium rate of 0.00%; the Bosera CSI Convertible and Exchangeable Bond ETF, down 0.19% with a premium rate of -0.49%; and the Southern CSI AAA Science and Technology Innovation Corporate Bond ETF, up 0.04% with a premium rate of -0.14% [4][9]. Gold ETF - Gold AU9999 rose 3.24%, and Shanghai Gold increased 2.89%. The top-traded gold ETFs were the Huaan Gold ETF, up 2.99% with a premium rate of 3.14%; the E Fund Gold ETF, up 2.96% with a premium rate of 3.07%; and the Bosera Gold ETF, up 2.98% with a premium rate of 3.14% [12]. Commodity Futures ETF - The Dacheng Non-ferrous Metals Futures ETF fell 0.61% with a premium rate of -1.51%; the Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF rose 0.08% with a premium rate of -0.14%; and the Huaxia Feed Soybean Meal Futures ETF increased 0.62% with a premium rate of 3.88% [13]. Cross-border ETF - The previous trading day saw the Dow Jones Industrial Average fall 1.90%, the Nasdaq Composite drop 3.56%, the S&P 500 decline 2.71%, and the German DAX fall 1.50%. On this day, the Hang Seng Index fell 1.52%, and the Hang Seng China Enterprises Index dropped 1.45%. The top-traded cross-border ETFs were the E Fund CSI Hong Kong Securities Investment Theme ETF, down 2.35% with a premium rate of -2.15%; the Huatai-PineBridge Hang Seng Technology ETF, down 2.52% with a premium rate of -2.24%; and the Huatai-PineBridge CSI KRX Korea-China Semiconductor ETF, up 0.92% with a premium rate of 0.98% [15]. Money ETF - The top-traded money ETFs were the Yin Hua Day Profit ETF, Huabao Tianyi ETF, and Money ETF Jianxin Tianyi [17].

Market Overview - On September 22, 2025, the Shanghai Composite Index rose 0.22% to close at 3828.58, the Shenzhen Component Index rose 0.67% to close at 13157.97, and the ChiNext Index rose 0.55% to close at 3107.89. The total trading volume of A-shares in the two markets was 2.1427 trillion yuan. The top-performing sectors were electronics (3.71%), computer (1.70%), and non-ferrous metals (0.98%), while the bottom-performing sectors were social services (-2.04%), beauty care (-1.36%), and commercial retail (-1.31%) [2][6] Stock ETF - The top-trading volume stock ETFs today were: Huaxia SSE STAR 50 ETF, up 3.35% with a discount rate of 3.35%; Harvest SSE STAR Market Chip ETF, up 4.92% with a discount rate of 4.96%; Huaxia CSI A500 ETF, up 0.35% with a discount rate of 0.45% [3][7] - The top ten trading volume stock ETFs are presented in Chart 1, including details such as code, fund name, price, change rate, tracking index, discount rate, trading volume, and latest share [8] Bond ETF - The top-trading volume bond ETFs today were: Haitong CSI Short-term Financial Bond ETF, down 0.00% with a discount rate of -0.00%; Huaxia SSE Benchmark Market-making Treasury Bond ETF, up 0.08% with a discount rate of 0.08%; Bosera CSI Convertible and Exchangeable Bond ETF, down 0.21% with a discount rate of -0.46% [4][9] - The top five trading volume bond ETFs are shown in Chart 2, with information on code, fund name, price, change rate, discount rate, and trading volume [10][11] Gold ETF - Today, AU9999 gold rose 1.55% and Shanghai Gold rose 1.83%. The top-trading volume gold ETFs were: Huaan Gold ETF, up 1.90% with a discount rate of 1.70%; E Fund Gold ETF, up 1.90% with a discount rate of 1.72%; Bosera Gold ETF, up 1.92% with a discount rate of 1.71% [12] - The top five trading volume gold ETFs are presented in Chart 3, including code, fund name, price, change rate, trading volume, IOPV, and discount rate [13] Commodity Futures ETF - Today, Huaxia Feed Soybean Meal Futures ETF fell 0.30% with a discount rate of 2.91%; Dacheng Non-ferrous Metals Futures ETF rose 0.29% with a discount rate of 0.33%; Jianxin Yisheng Zhengzhou Commodity Exchange Energy and Chemical Futures ETF fell 0.77% with a discount rate of -0.98% [13] - An overview of commodity futures ETFs is shown in Chart 4, including code, fund name, price, change rate, trading volume, IOPV, discount rate, tracking index, and tracking index change rate [14] Cross-border ETF - The previous trading day, the Dow Jones Industrial Average rose 0.37%, the Nasdaq Composite rose 0.72%, the S&P 500 rose 0.49%, and the German DAX fell 0.15%. Today, the Hang Seng Index fell 0.76% and the Hang Seng China Enterprises Index fell 1.07%. The top-trading volume cross-border ETFs today were: E Fund CSI Hong Kong Securities Investment Theme ETF, up 0.04% with a discount rate of -0.34%; Huatai-PineBridge Hang Seng Tech ETF, up 0.12% with a discount rate of -0.32%; GF CSI Hong Kong Innovative Drug ETF, up 2.29% with a discount rate of 1.67% [15] - The top five trading volume cross-border ETFs are presented in Chart 5, including code, fund name, trading volume, change rate, and discount rate [16] Money ETF - The top-trading volume money ETFs today were: Yin Hua Day Profit ETF, Hua Bao Add Benefit ETF, and Money ETF Jianxin Add Benefit [17] - The top three trading volume money ETFs are shown in Chart 6, including code, fund name, and trading volume [19]