Market Overview - The Shanghai Composite Index rose by 0.11% to close at 3954.79 points, with a weekly high of 4025.7 points [1] - The Shenzhen Component Index increased by 0.67% to 13378.21 points, reaching a peak of 13700.25 points [1] - The ChiNext Index gained 0.5%, closing at 3187.53 points, with a maximum of 3331.86 points [1] - Global markets saw most major indices rise, with the Nasdaq Composite up 2.24%, the Dow Jones Industrial Average up 0.75%, and the S&P 500 up 0.71% [1] - In the Asia-Pacific region, the Hang Seng Index fell by 0.97%, while the Nikkei 225 Index surged by 6.31% [1] ETF Market Performance - The median weekly return for stock ETFs was 0.23% [2] - The highest weekly return among scale index ETFs was 2.4% for the Jiashi Zhongchuang 400 ETF [2] - The South China CSI New Energy ETF led industry index ETFs with a return of 5.94% [2] - The highest return in strategy index ETFs was 2.37% for the China Southern CSI All-Share Dividend Quality ETF [2] - The Jiashi CSI Battery Theme ETF achieved the highest return among thematic index ETFs at 7.75% [2] ETF Performance Rankings - The top five stock ETFs by weekly return were: - Jiashi CSI Battery Theme ETF (7.75%) - Huatai-PB CSI Battery Theme ETF (7.56%) -招商中证电池主题ETF (7.52%) - 富国中证电池主题ETF (7.51%) - 浦银安盛中证光伏产业ETF (7.04%) [4][5] - The five stock ETFs with the largest declines were: - 国联安上证科创板芯片设计主题ETF (-5.35%) - 华安上证科创板芯片ETF (-5.11%) - 国泰上证科创板芯片ETF (-5.06%) - 博时上证科创板芯片ETF (-5.05%) - 南方上证科创板芯片ETF (-5.05%) [4][5] ETF Liquidity - Average daily trading volume for stock ETFs increased by 13.3%, with average daily trading volume rising by 46.7% and turnover rate increasing by 0.22% [6] ETF Fund Flows - The top five stock ETFs by fund inflow were: - 华泰柏瑞沪深300ETF (inflow of 5.084 billion) - 华夏上证科创板50成份ETF (inflow of 1.647 billion) - 华夏上证50ETF (inflow of 1.535 billion) - 国泰中证全指证券公司ETF (inflow of 1.353 billion) - 嘉实上证科创板芯片ETF (inflow of 959 million) [9] - The five stock ETFs with the largest outflows were: - 鹏华中证酒ETF (outflow of 351 million) - 华安创业板50ETF (outflow of 334 million) - 汇添富中证电池主题ETF (outflow of 284 million) - 南方中证申万有色金属ETF (outflow of 279 million) - 嘉实中证稀土产业ETF (outflow of 256 million) [10] ETF Financing and Margin Trading - The financing balance for stock ETFs increased from 47.486 billion to 49.145 billion, while the margin balance rose from 2.5678 billion to 2.6069 billion [11] ETF Market Size - The total market size for ETFs reached 5699.032 billion, an increase of 6.878 billion from the previous week [15] - Stock ETFs accounted for 3724.471 billion, representing 65.4% of the total ETF market size [15][17] ETF Issuance and Establishment - No new ETFs were issued last week, but eight new ETFs were established, including 天弘国证港股通科技ETF and 摩根恒生港股通50ETF [18] Institutional Insights - 财通证券 is optimistic about the solid-state battery industry, expecting breakthroughs in technology and increased industrialization by 2025 [18] - 中国银河证券 believes traditional lithium battery equipment manufacturers will maintain their advantages in the solid-state battery market, suggesting a focus on developments in equipment and orders [18]

Core Viewpoint - The article discusses the evolution of the A-share market, highlighting the importance of being present during key investment opportunities, particularly since the "9·24" market event, which marked the beginning of a bull market and a revaluation of assets in China [1][2]. Group 1: Market Performance - The A-share market has reached new highs in 2024, with significant performance from growth sectors since the "9·24" event [1]. - From September 24, 2024, to September 30, 2025, 41 funds under the management of Jiashi Fund achieved "doubling" performance, with 21 active equity products and 20 passive index products [3]. Group 2: Active Equity Performance - Notable active equity funds include those managed by Cai Chengfeng, who focused on the semiconductor industry with a return of 170.38%, and Li Tao, who achieved returns of 146.6% and 100.86% through his management of Jiashi Information Industry and Jiashi Quality Core [4]. - Other successful managers include Meng Xia, with a return of 132.53% in the robotics sector, and Yang Huan, whose funds achieved returns exceeding 113% [4][5]. Group 3: Passive Investment Strategy - Jiashi Fund has effectively captured beta opportunities in various technology sectors through its forward-looking index fund strategies, with significant performance in ETFs such as the Jiashi Shanghai Stock Exchange Sci-Tech Innovation Board Chip ETF, which rose by 206.72% since the "9·24" event [8][9]. - The fund has a comprehensive range of ETFs covering high-growth sectors, including technology and rare metals, demonstrating its capability in identifying long-term investment opportunities [9].