一、证券市场回顾 2、股票型ETF涨跌幅排行 上周股票型ETF涨幅最高的5只ETF及其收益率分别为：嘉实中证电池主题ETF(7.75%)、汇添富中证电 池主题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%)。详情见下表: | 类别 | 代码 | 基金名称 | 涨跌幅(%) | | --- | --- | --- | --- | | 股票型 | 562880.SH | 嘉实中证电池主题ETF | 7.75% | | 股票型 | 159796.SZ | 汇添富中证电池主题ETF | 7.56% | | 股票型 | 561910.SH | 招商中证电池主题ETF | 7.52% | | 股票型 | 561160.SH | 富国中证电池主题ETF | 7.51% | | 股票型 | 159609.SZ | 浦银安盛中证光伏产业ETF | 7.04% | 上周股票型ETF跌幅最大的5只ETF及其收益率分别为：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( ...

Group 1 - The recent surge in fund issuance indicates a recovery in market sentiment, providing incremental capital support for the equity market, creating a positive cycle of "hot issuance, capital inflow, and strong market" [1][2] - From October 20 to 24, 30 public funds were launched, with a significant majority being index and actively managed equity products, marking a peak in recent fund issuance [1][2] - The number of new funds issued has shown a clear upward trend since September 2024, with 66 new funds launched in September 2024 and 151 in September 2025, reflecting a growing interest in equity investments [2][3] Group 2 - The total fundraising scale for public funds reached a new high in September 2025, with a total of 152.1 billion yuan raised, a 26.99% increase month-on-month and a 90.62% increase year-on-year [3] - Index funds led the fundraising efforts, with 107.9 billion yuan raised, followed by mixed funds at 22.9 billion yuan and bond funds at 12.7 billion yuan [3] - The trend of early closure of fundraising periods has become common, with several funds announcing early termination of their fundraising due to meeting the necessary conditions ahead of schedule [4]

Group 1 - The core point of the article is that 29 new funds were launched for subscription this week, with equity funds remaining the dominant type [1][4] - A total of 29 new funds were issued this week, with 26 of them launched on Monday, accounting for nearly 90% of the total [2][3] - The average subscription period for the new funds this week was 28.79 days, which is significantly longer than previous periods, likely due to recent market adjustments [3] Group 2 - Among the new funds, 24 were equity funds, making up over 80% of the total, with 11 being index funds and 4 enhanced index funds [4] - There were 8 actively managed equity funds, all of which were mixed funds, with 7 being high-equity mixed funds [5] - Only 3 bond funds were launched this week, indicating a slowdown in bond fund issuance due to recent market adjustments [5] Group 3 - The new funds included 2 mixed FOFs, both of which are characterized by a conservative investment style [6] - The longest subscription period among the new funds was 3 months, while the shortest was 5 days for two passive index funds [2][3] - The fundraising targets for the new funds varied, with 3 funds aiming for 8 billion units and the lowest target set at 500 million units [3]

Market Overview - The A-share market saw all major indices rise last week, with the Sci-Tech 50, Small and Medium-sized Enterprises Index, and CSI 500 Index leading with returns of 5.48%, 3.66%, and 3.38% respectively, while the CSI 300, Shanghai Composite, and ChiNext Index lagged with returns of 1.38%, 1.52%, and 2.10% respectively [1][9] - In terms of trading volume, all major indices except the Sci-Tech 50 experienced a decline in trading volume last week [10] - The electronic, real estate, and agriculture sectors performed well, with returns of 5.98%, 5.82%, and 4.52% respectively, while the banking, comprehensive finance, and pharmaceutical sectors underperformed with returns of -0.64%, -0.58%, and -0.28% respectively [1][14] Fund Issuance and Performance - A total of 46 funds were reported last week, a decrease from the previous week, including 3 FOFs and 3 QDIIs [2] - Last week, 40 new funds were established with a total issuance scale of 21.794 billion yuan, which is a decrease from the previous week [3] - The Huashang Hong Kong Stock Connect Value Return Fund completed its fundraising on September 8, raising over 1 billion yuan with a subscription confirmation ratio of 32.95% [5] - The performance of open-end public funds showed that active equity, flexible allocation, and balanced mixed funds had returns of 2.18%, 1.73%, and 0.91% respectively [29][36] Fund Sales and Management - As of last week, there were 243 ordinary FOF funds, 119 target date funds, and 152 target risk funds in the open-end public fund category [35] - The top three fund sales institutions by equity fund holdings were Ant Fund, China Merchants Bank, and Tian Tian Fund, with holdings of 822.9 billion yuan, 492 billion yuan, and 349.6 billion yuan respectively [7] - The target date funds had the best median performance this year, with a cumulative return of 13.94% [36] Bond Market - As of last Friday, the central bank's reverse repo net injection was 196.1 billion yuan, with reverse repos maturing at 1,068.4 billion yuan, resulting in a net open market injection of 1,264.5 billion yuan [17] - The yield on government bonds of different maturities has increased, with credit spreads widening by 3.69 basis points [18][23] Sector Performance - Over the past month, the communication sector has seen the highest cumulative increase of 25.38%, while the comprehensive finance sector has experienced a cumulative decline of 5.53% [14] - Year-to-date, the communication, non-ferrous metals, and electronics sectors have shown high cumulative returns of 63.94%, 60.31%, and 38.03% respectively, while sectors like coal, transportation, and food and beverage have the lowest returns [14][16]