- The report discusses the market performance on November 25, 2025, highlighting that the market saw a general rise with the CSI 2000 index performing the best among scale indices, and the CSI 500 Growth index performing the best among style indices[2][6] - The report mentions that the communication, media, non-ferrous metals, electronics, and consumer services industries performed well, while the transportation, petrochemical, food and beverage, agriculture, forestry, animal husbandry, and fishery, and national defense industries performed poorly[2][7] - The report provides data on market sentiment, noting that 95 stocks hit the daily limit up and 7 stocks hit the daily limit down, with a sealing rate of 71% and a continuous board rate of 24%[2][13][15] - The report includes information on the flow of market funds, stating that as of November 24, 2025, the balance of margin trading was 24,587 billion yuan, with a financing balance of 24,423 billion yuan and a securities lending balance of 164 billion yuan[2][17][20] - The report discusses the premium and discount rates of ETFs, noting that the G60 Innovation ETF had the highest premium at 2.42%, while the China Life 500 ETF had the highest discount at 0.62% on November 24, 2025[3][22][23] - The report provides data on block trading, stating that the average daily transaction amount of block trading in the past six months was 2 billion yuan, with a discount rate of 10.62% on November 24, 2025[3][24][26] - The report includes information on the annualized discount rates of stock index futures, noting that the annualized discount rates for the main contracts of the SSE 50, CSI 300, CSI 500, and CSI 1000 stock index futures were 4.21%, 5.38%, 10.90%, and 14.93% respectively on November 25, 2025[3][26][29] - The report provides data on institutional attention and the Dragon and Tiger list, noting that the stocks with the most institutional research in the past week were Nine Company-WD, Mailande, Taienkang, Boying Special Welding, Sanyuan Biology, Hongchang Technology, Siling Shares, and Changan Automobile[4][28][30] - The report includes data on the net inflow and outflow of institutional seats and Northbound funds, noting that the top ten stocks with the highest net inflow of institutional seats were Aerospace Development, Guofeng New Materials, Beifang Changlong, Giant Network, Qingshuiyuan, Tianji Shares, Xuanya International, Jiayuan Technology, Worth Buying, and Southern Network Digital[4][34][35]

2025年6月6日，非货币类ETF合计成交2072.07亿元，其中有47只ETF成交额破10亿元。 截至今日收盘，短融ETF、信用债ETF、上证公司债ETF成交额居市场前列，分别达98.61亿、98.29亿、 95.01亿。行业主题类ETF仅1只：港股创新药ETF。 截至今日收盘，基准国债ETF、标普500ETF、国债政金债ETF换手率居市场前列，分别达518.01%、 173.17%、153.90%。宽基类ETF仅1只：标普500ETF。行业主题类ETF共计3只，分别是恒生创新药 ETF、港股医疗ETF、恒生创新药ETF。 值得注意的是，信用债ETF、信用债ETF基金、信用债ETF大成同时在两个榜单中出现。 短融ETF(511360.SH)最新份额规模达4.17亿。该产品紧密跟踪中证短融指数，中证短融指数从银行间市 场上市的债券中，选取投资级短融作为指数样本，以反映相应评级短融的整体表现。 该ETF全天成交额较前一交易日增长49.58%，明显放量。该ETF当日换手率较前交易日增长49.31%。该 ETF今日上涨0.01%，近5日和近20日分别上涨0.04%、上涨0.14%。 上证公司债ETF(511070. ...

Core Insights - The total trading volume of non-monetary ETFs reached 203.06 billion yuan, with 50 ETFs exceeding 1 billion yuan in trading volume [1] - The top three ETFs by trading volume were Short-term Bond ETF, Policy Financial Bond ETF, and 30-Year Treasury Bond ETF, with volumes of 13.40 billion, 11.81 billion, and 7.70 billion yuan respectively [1] - The highest turnover rates were recorded by S&P Consumer ETF, S&P 500 ETF, and New Economy ETF, with rates of 723.92%, 502.64%, and 377.92% respectively [1][7] Trading Volume Summary - Short-term Bond ETF (511360.SH) had a trading volume of 13.40 billion yuan, with a recent average daily trading volume of 10.04 billion yuan over the last 5 days [2] - Policy Financial Bond ETF (511520.SH) recorded a trading volume of 11.81 billion yuan, with a recent average daily trading volume of 8.26 billion yuan over the last 20 days [2] - 30-Year Treasury Bond ETF (511090.SH) achieved a trading volume of 7.70 billion yuan, with a recent average daily trading volume of 9.23 billion yuan over the last 5 days [3] Turnover Rate Summary - S&P Consumer ETF (159529.SZ) had a turnover rate of 723.92%, indicating high trading activity [7] - S&P 500 ETF (159612.SZ) recorded a turnover rate of 502.64%, reflecting significant investor interest [7] - New Economy ETF (159822.SZ) had a turnover rate of 377.92%, showcasing its popularity among investors [7] ETF Performance Summary - Short-term Bond ETF's trading volume increased by 41.00% compared to the previous trading day, indicating a surge in interest [2] - Policy Financial Bond ETF's trading volume grew by 29.16% from the previous day, showing increased market activity [3] - S&P 500 ETF's trading volume rose by 57.88% compared to the previous trading day, reflecting strong demand [3] ETF Rankings by Trading Volume - The top five ETFs by trading volume included Short-term Bond ETF, Policy Financial Bond ETF, 30-Year Treasury Bond ETF, Credit Bond ETF, and Gold ETF, with volumes of 13.40 billion, 11.81 billion, 7.70 billion, 6.75 billion, and 6.14 billion yuan respectively [4] - The rankings indicate a strong preference for bond-related ETFs among investors [4] ETF Rankings by Turnover Rate - The top three ETFs by turnover rate were S&P Consumer ETF, S&P 500 ETF, and New Economy ETF, with rates of 723.92%, 502.64%, and 377.92% respectively [7] - This highlights the active trading environment for these ETFs, particularly in the consumer and technology sectors [7]