Core Insights - The total margin balance of ETFs in the two markets is 121.307 billion yuan, a decrease of 0.29% from the previous trading day, with a reduction of 3.47 billion yuan [1] - The financing balance of ETFs is 113.006 billion yuan, down 0.46% from the previous day, while the securities lending balance increased [1] Summary by Category Overall ETF Margin Balance - As of November 4, the total ETF margin balance is 121.307 billion yuan, a decrease of 3.47 billion yuan from the previous day [1] - The financing balance is 113.006 billion yuan, down 5.21 billion yuan, while the securities lending balance increased by 1.74 billion yuan [1] Specific Market Performance - In the Shenzhen market, the ETF margin balance is 36.3 billion yuan, down 1.7 billion yuan, with a financing balance of 35.333 billion yuan, a decrease of 1.66 billion yuan [1] - In the Shanghai market, the ETF margin balance is 85.007 billion yuan, down 1.78 billion yuan, with a financing balance of 77.673 billion yuan, a decrease of 3.56 billion yuan [1] Notable ETFs by Financing Balance - The top three ETFs by financing balance are: - Huaan Gold ETF with 8.1 billion yuan - E Fund Gold ETF with 5.701 billion yuan - FTSE China 7-10 Year Policy Financial Bond ETF with 4.214 billion yuan [2] - Significant increases in financing balance were observed in: - Huaxia CSI Bank ETF with an increase of 274.31% - Harvest CSI Major Consumption ETF with an increase of 109.87% - E Fund MSCI China A-Share International ETF with an increase of 98.09% [2] Margin Trading and Securities Lending - The top three ETFs by net financing inflow are: - Hang Seng Technology ETF with 83.7145 million yuan - Huaxia Hang Seng Technology ETF (QDII) with 53.7275 million yuan - Huaxia CSI Robot ETF with 41.0365 million yuan [4] - The top three ETFs by net financing outflow are: - Hai Fu Tong CSI Short Bond ETF with 125 million yuan - Huaxia SSE Sci-Tech 50 Component ETF with 120 million yuan - Huabao CSI All-Index Securities Company ETF with 89.5026 million yuan [4] Securities Lending Changes - The top three ETFs by securities lending balance are: - Southern CSI 500 ETF with 2.677 billion yuan - Southern CSI 1000 ETF with 2.578 billion yuan - Huaxia CSI 1000 ETF with 483 million yuan [5] - The largest increase in securities lending balance was seen in: - Huazhong CSI 300 ETF with an increase of 250% - Dividend Low Volatility ETF with an increase of 175.69% [6]

Market Overview - The Shanghai Composite Index rose by 1.14% to close at 3843.6 points, with a daily high of 3845.09 points [1] - The Shenzhen Component Index increased by 2.25% to close at 12571.37 points, reaching a high of 12571.37 points [1] - The ChiNext Index saw a significant rise of 3.82%, closing at 2827.17 points, with a peak of 2827.17 points [1] ETF Market Performance - The median return for stock ETFs was 1.55%, with the highest return from the Invesco CSI 50 ETF at 9.39% [2] - The top-performing industry ETF was the Southern CSI Communication Services ETF, yielding 8.89% [2] - The best-performing thematic ETF was the Bosera CSI Chip ETF, which achieved a return of 15.83% [2] ETF Gains and Losses - The top three ETFs by gain were: Bosera CSI Chip ETF (15.83%), Huaan CSI Chip ETF (9.9%), and Fortune CSI Chip ETF (9.58%) [5] - The three ETFs with the largest declines were: CMB CSI Hong Kong-Shenzhen Consumer Leaders ETF (-1.47%), Harvest CSI Major Consumer ETF (-1.35%), and E Fund CSI Modern Agriculture Theme ETF (-1.21%) [6] ETF Fund Flows - The ETFs with the highest inflows were: Guotai CSI All-Index Communication Equipment ETF (¥788 million), Bosera CSI AI ETF (¥758 million), and Harvest CSI Rare Earth Industry ETF (¥486 million) [8] - The ETFs with the largest outflows were: E Fund ChiNext ETF (¥1.141 billion), Huaxia CSI 50 ETF (¥926 million), and Southern CSI 1000 ETF (¥785 million) [9] ETF Margin Trading Overview - The top three ETFs by margin buying were: Huaxia CSI 50 ETF (¥1.196 billion), E Fund ChiNext ETF (¥987 million), and Harvest CSI Chip ETF (¥695 million) [11] - The ETFs with the highest margin selling were: Southern CSI 1000 ETF (¥75.58 million), Southern CSI 500 ETF (¥57.52 million), and Huaxia CSI 1000 ETF (¥40.27 million) [12] Institutional Insights - First Capital Securities highlighted the release of DeepSeek-V3.1, which is expected to enhance the compatibility of domestic AI computing chips, promoting the domestic AI computing chip industry [13] - Guotai Junan Securities emphasized the importance of the "three cycles" resonance for semiconductor valuation expansion, noting the optimistic outlook for the semiconductor industry driven by AI demand and supply chain adjustments [14]