（以上内容为自选股写手差分机完成，仅作为用户看盘参考，不能作为操作依据。） 风险提示：以上内容仅作为作者或者嘉宾的观点，不代表和讯的任何立场，不构成与和讯相关的任何投 资建议。在作出任何投资决定前，投资者应根据自身情况考虑投资产品相关的风险因素，并于需要时咨 询专业投资顾问意见。和讯竭力但不能证实上述内容的真实性、准确性和原创性，对此和讯不做任何保 证和承诺。 | 成交量 | 成交金额 | 成交价 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | | (万股) | (万元) | 格(元) | | | | | | | 中信建投证券股份有限公司北京商务中心区 | 东方财富证券股份有限公 | | 200.00 | 20102.00 | 100.51 | 机构专用证券营业部 | 司证券投资部 | 国债ETF东财09月26日大宗交易平台共发生1笔成交，合计成交量200.00万股，成交金额20102.00万元。 成交价格平均为100.51元，相对今日收盘价折价0.02%。 09月26日国债ETF东财大宗交易一览 ...

Market Overview - The three major indices in the A-share market collectively rose, with the Shanghai Composite Index increasing by 0.62%, the Shenzhen Component Index by 0.84%, and the ChiNext Index by 0.61% [1][4] - Several infrastructure ETFs saw significant gains, including the Infrastructure ETF (516950.SH) which rose by 6.99%, and the Infrastructure ETF (159619.SZ) which increased by 6.44% [1][11] ETF Performance - The A500 ETF market experienced a significant shift, with the net asset scale of the top 10 A500 ETFs decreasing from 10 to 9, and the China A500 ETF (560610.SH) shrinking from 12.45 billion to 8.734 billion [2] - Central Huijin Investment increased its holdings in major broad-based ETFs by over 200 billion in Q2, indicating a strong commitment to stabilizing the capital market [3] Sector Performance - In the sector performance, coal, building materials, and construction decoration sectors ranked highest, with daily increases of 6.18%, 4.49%, and 3.38% respectively [6] - Over the past five trading days, the building materials, coal, and steel sectors also showed strong performance, with increases of 11.46%, 9.15%, and 7.68% respectively [6] ETF Categories - Among different ETF categories, strategy ETFs performed the best with an average increase of 1.56%, while bond ETFs had the worst performance with an average decrease of 0.04% [9] - The top-performing ETFs included the Coal ETF (515220.SH) with an increase of 8.25%, the Building Materials ETF (159787.SZ) with 7.91%, and the Infrastructure ETF (516950.SH) with 6.99% [12][11] Trading Volume - The top three ETFs by trading volume were the CSI 300 ETF (510300.SH) with a trading volume of 4.517 billion, the STAR 50 ETF (588000.SH) with 4.086 billion, and the A500 ETF (512050.SH) with 4.057 billion [14][15]

Summary of ETF Fund Flows Core Insights - On July 4, 2025, a total of 233 ETFs experienced net inflows, while 433 ETFs saw net outflows. Notably, 34 ETFs had net inflows exceeding 100 million yuan, with significant inflows into short-term bond ETFs and technology-focused ETFs [1][3]. Inflows - The top five ETFs with the highest net inflows were: 1. Short-term Bond ETF (511360.SH) with a net inflow of 825 million yuan 2. Hang Seng Technology Index ETF (513180.SH) with a net inflow of 682 million yuan 3. Hang Seng Technology ETF (513130.SH) with a net inflow of 635 million yuan 4. Ten-Year Treasury Bond ETF (511260.SH) with a net inflow of 634 million yuan 5. Yinhua Daily ETF (511880.SH) with a net inflow of 588 million yuan [1][3][5]. Outflows - The top five ETFs with the highest net outflows were: 1. CSI 300 ETF (510300.SH) with a net outflow of 983 million yuan 2. Treasury Bond ETF Dongcai (511160.SH) with a net outflow of 772 million yuan 3. A500 ETF (159351.SZ) with a net outflow of 377 million yuan 4. Dividend ETF (510880.SH) with a net outflow of 348 million yuan 5. CSI 500 ETF (159922.SZ) with a net outflow of 327 million yuan [5][8]. Continuous Inflows - A total of 140 ETFs have seen continuous net inflows, with the top performers being: 1. Company Bond ETF (易方达) with 22 consecutive days of inflows totaling 1.078 billion yuan 2. Innovative Drug ETF with 11 days of inflows totaling 37.81 million yuan 3. Wealth Treasure ETF with 11 days of inflows totaling 110,000 yuan [7][8]. Continuous Outflows - There are 270 ETFs that have experienced continuous net outflows, with the top five being: 1. Enhanced CSI 300 ETF with 20 consecutive days of outflows totaling 359.8 million yuan 2. New Energy ETF with 19 days of outflows totaling 300.51 million yuan 3. CSI A50 Index ETF with 17 days of outflows totaling 450.1 million yuan [8][10]. Recent Trends - In the past five days, 81 ETFs have seen cumulative net outflows exceeding 100 million yuan, with the largest outflows from: 1. CSI 300 ETF with 6.617 billion yuan 2. SSE 50 ETF with 2.744 billion yuan 3. A500 ETF with 1.838 billion yuan [10].

Core Insights - On June 24, 2025, a total of 204 ETFs experienced net inflows, while 474 ETFs saw net outflows, indicating a significant disparity in investor sentiment towards different funds [1][3] - The top five ETFs with net inflows exceeding 100 million yuan included the Shanghai Company Bond ETF, the CSI A500 ETF, the CSI 300 ETF, the Shanghai 50 ETF, and the Treasury ETF Dongcai, with net inflows of 1.711 billion yuan, 1.483 billion yuan, 1.088 billion yuan, 618 million yuan, and 579 million yuan respectively [1][3] - Conversely, 28 ETFs had net outflows exceeding 100 million yuan, with the Short-term Bond ETF, Yinhua Daily ETF, 30-Year Treasury ETF, CSI 300 ETF, and Huabao Tianyi ETF leading the outflows at 747 million yuan, 649 million yuan, 586 million yuan, 486 million yuan, and 466 million yuan respectively [1][5] Fund Performance - A total of 123 ETFs have seen consecutive net inflows, with the top performers being the Hong Kong Stock Connect Dividend ETF, Credit Bond ETF Dacheng, Shanghai Company Bond ETF, Credit Bond ETF Guangfa, and Low Volatility Dividend ETF, accumulating net inflows of 974 million yuan, 6.804 billion yuan, 11.488 billion yuan, 8.442 billion yuan, and 400 million yuan respectively [1][6] - In contrast, 181 ETFs have experienced consecutive net outflows, with the leading ones being the Hang Seng Consumer ETF, Hong Kong Stock Connect Medical ETF, National Development Bond ETF, and Free Cash Flow ETF, with net outflows of 414 million yuan, 188 million yuan, 145 million yuan, and 261 million yuan respectively [1][6][8] Recent Trends - Over the past five days, 78 ETFs have recorded cumulative net inflows exceeding 100 million yuan, with the Credit Bond ETF, Shanghai Company Bond ETF, Short-term Bond ETF, Ten-Year Treasury ETF, and Credit Bond ETF Guangfa leading with inflows of 6.057 billion yuan, 3.804 billion yuan, 3.584 billion yuan, 3.198 billion yuan, and 3.167 billion yuan respectively [1][9] - Conversely, 43 ETFs have seen cumulative net outflows exceeding 100 million yuan in the same period, with the 30-Year Treasury ETF, CSI 300 ETF, and various A500 ETFs leading the outflows at 855 million yuan, 649 million yuan, and 614 million yuan respectively [1][9]