从各类型基金申赎情况来看，货币型、指数型、QDII、债券型、商品型和FOF这些细分品类均获资金净 申购；混合型基金净赎回最多，其间缩水822.95亿份。此外，积极投资股票型及其他均出现净赎回。 值得一提的是，去年第四季度，仍有绩优主动权益产品受到投资者追捧，申购热度显著提升，其间38只 基金获净申购超5亿份，最高净申购超60亿份。 38只主动权益基金获5亿份以上净申购 虽然去年四季度积极投资股票型和混合型基金整体出现净赎回，但仍有不少主动权益基金受到投资者青 睐。 天相投顾统计显示，去年第四季度有38只主动权益基金（不同份额分开计算，下同）净申购超过5亿 份，数量较三季度有所减少，其中9只超过10亿份。产品类型方面，偏股混合型基金仍是"主力军"。 1月22日，公募基金2025年四季报披露完毕，基金份额申购赎回情况也浮出水面。总体来看，截至2025 年年底，基金总规模为31.62万亿份，当季整体净申购7067.92亿份，净申购比例为2.29%。 沈成管理的华富新能源股票型发起式C获得21.01亿份净申购，净申购比例超过253%，这只基金最新规 模超过30亿元，近一年浮盈超过73%。尤宏业管理的工银价值精选混合A ...

中国基金报记者王思文 1月22日，公募基金2025年四季报披露完毕，基金份额申购赎回情况也浮出水面。总体来看，截至2025 年年底，基金总规模为31.62万亿份，当季整体净申购7067.92亿份，净申购比例为2.29%。 从各类型基金申赎情况来看，货币型、指数型、QDII、债券型、商品型和FOF这些细分品类均获资金净 申购；混合型基金净赎回最多，其间缩水822.95亿份。此外，积极投资股票型及其他均出现净赎回。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：中国基金报 原标题：这类产品，资金狂买！ 值得一提的是，去年第四季度，仍有绩优主动权益产品受到投资者追捧，申购热度显著提升，其间38只 基金获净申购超5亿份，最高净申购超60亿份。 38只主动权益基金获5亿份以上净申购 虽然去年四季度积极投资股票型和混合型基金整体出现净赎回，但仍有不少主动权益基金受到投资者青 睐。 天相投顾统计显示，去年第四季度有38只主动权益基金（不同份额分开计算，下同）净申购超过5亿 份，数量较三季度有所减少，其中9只超过10亿份。产品类型方面，偏股混合型基金仍是"主力军"。 由张海啸管理的永赢先锋半 ...

Core Insights - The latest quarterly reports from various fund companies reveal a significant shift in public fund investment strategies, with a focus on AI applications and humanoid robots, indicating a trend towards technology-driven investments [1][5] Fund Adjustments - Jin Xin Smart China 2025 Mixed Fund has heavily invested in financial stocks, with 9 out of its top 10 holdings being bank stocks as of Q3 2025. However, the latest report shows the inclusion of companies like SMIC and Hua Hong Semiconductor, marking a shift towards hard technology in the AI industry [1][2] - As of Q4 2025, the top holdings of Jin Xin Smart China 2025 Mixed include major banks and AI-related companies, reflecting a strategic adjustment to capitalize on the growing demand for AI hardware [2] Fund Performance - Jin Xin Smart China 2025 Mixed Fund achieved a 17.64% increase in A-class shares for the year, with its scale growing from 196 million to 566 million, a 188.78% increase [2] - Hua Fu New Energy Stock Fund saw its scale surge from 202 million at the beginning of 2025 to 3.43 billion by year-end, a nearly 16-fold increase, with a quarterly growth rate of 262.27% [4] - The fund's performance for 2025 was impressive, achieving a 68.30% return, while the Oriental Alpha Advantage Industry Mixed A Fund also made significant adjustments, focusing on overseas computing power supply chains and achieving a 77.44% annual increase [4] Market Outlook - Analysts indicate that public funds are adapting to market changes, with traditional funds beginning to embrace high-growth sectors like AI, reflecting a long-term recognition of technology as a key investment area [5] - The surge in funds focused on new energy suggests that capital is actively seeking valuation recovery opportunities supported by performance [5] - Looking ahead to 2026, while technology stocks remain a primary focus, the market may experience differentiation rather than broad increases, emphasizing the importance of core technological barriers and order fulfillment in investment decisions [5]

Core Viewpoint - Huazhong Securities plans to increase its stake in Huafu Fund from 49% to 51% by investing 26.46 million yuan, marking a significant shift from a major shareholder to a controlling shareholder, which aligns with its wealth management strategy transformation [2][4]. Group 1: Investment Details - The investment will allow Huazhong Securities to gain a rare public fund license, completing its "securities + public fund + asset management" business chain [2]. - The board meeting to approve the capital increase is scheduled for January 12, 2026, with the new registered capital being 10.2041 million yuan [2]. - After the capital increase, the shareholding structure will adjust, with Anhui Credit Guarantee Group's stake decreasing from 27% to 25.94%, and Hefei Xingtai Financial Holding Group's stake decreasing from 24% to 23.06% [3]. Group 2: Financial Performance and Valuation - As of July 31, 2025, Huafu Fund's total equity value is assessed at 648.309 million yuan, with a net asset of 705 million yuan as of September 30, 2025 [4]. - The fund reported a revenue of 254 million yuan and a net profit of 19.2187 million yuan for the first nine months of 2025, reflecting a value increase of 8.5428 million yuan, with a growth rate of 1.34% [4]. Group 3: Strategic Implications - The acquisition of the public fund license is seen as a critical move for enhancing control over Huafu Fund, optimizing wealth management layout, and improving asset allocation service capabilities [4]. - The competition for public fund licenses is driven by the need for wealth management transformation, regulatory compliance, and the trend of residents moving their savings [4]. - Huafu Fund has surpassed 100 billion yuan in asset management scale, managing 180 funds and ranking 31st among 106 comparable fund management companies [7].