10月29日，中国铝业涨5.08%，截至发稿，报9.73元/股，成交18.63亿元，换手率1.48%，总市值1669.24 亿元。 数据显示，平安基金旗下1只基金重仓中国铝业。平安中证全指自由现金流ETF（159233）三季度持有 股数104.24万股，占基金净值比例为3.43%，位居第八大重仓股。根据测算，今日浮盈赚取约48.99万 元。 平安中证全指自由现金流ETF（159233）成立日期2025年5月21日，最新规模2.51亿。成立以来收益 16.41%。 平安中证全指自由现金流ETF（159233）基金经理为钱晶、白圭尧。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 资料显示，中国铝业股份有限公司位于北京市海淀区西直门北大街62号，成立日期2001年9月10日，上 市日期2007年4月30日，公司主营业务涉及铝土矿、煤炭等资源的勘探开采,氧化铝、原铝和铝合金产品 生产、销售、技术研发,国际贸易,物流产业,火力及新能源发电等。主营业务收入构成为：销售商品 97. ...

Core Viewpoint - Ping An Fund is facing challenges in its ETF business, with low market recognition and shrinking fund sizes for several of its equity ETFs, indicating a need for improved marketing and product positioning [1][9]. Group 1: Management Changes - On June 26, 2025, Ping An Fund announced the resignation of Qian Jing, head of the ETF Index Investment Department, from three ETF products, including the Ping An CSI 2000 Enhanced Strategy ETF and others [1][2]. - Bai Guiyao, a new manager with a background in finance, has taken over management responsibilities for nine ETF products, indicating a shift in management strategy [1][4]. Group 2: Fund Performance and Market Position - The three ETFs managed by Qian Jing have a management scale of less than 50 million yuan each, categorizing them as "mini funds" [2]. - Ping An Fund's bond ETFs have seen significant growth, with a total circulation scale exceeding 23 billion yuan, positioning them just behind leading competitors [8]. - In contrast, the equity ETFs of Ping An Fund are significantly smaller in scale compared to leading firms like Huaxia Fund and E Fund, which manage several equity ETFs exceeding 10 billion yuan [8][9]. Group 3: Brand Recognition and Market Strategy - The brand recognition of Ping An Fund in the equity investment sector is primarily associated with active equity products, while its ETF business lacks visibility and effective channel promotion [1][9]. - Many of Ping An Fund's equity ETFs are experiencing a "vicious cycle" of shrinking shares immediately after their establishment, highlighting the need for strategic improvements [1][9].

Core Viewpoint - Ping An Fund announced the appointment of Bai Guiyao as a new fund manager for multiple ETFs, indicating a strategic shift in management to enhance fund performance and investor confidence [1][2][3]. Fund Performance Summary - **Ping An Zhongdai-0-3 Year National Development Bank Bond ETF**: Established on September 1, 2022, with a year-to-date return of 0.25% and a cumulative return of 6.21%, net asset value at 1.0621 yuan, and a scale of 1.384 billion yuan as of March 31, 2025 [1]. - **Ping An FTSE China State-Owned Enterprises Open Win ETF**: Established on December 17, 2021, with a year-to-date return of -3.74% and a cumulative return of 54.67%, net asset value at 1.5482 yuan [1][2]. - **Ping An MSCI China A-Shares Low Volatility ETF**: Established on June 7, 2018, with a year-to-date return of 3.44% and a cumulative return of 47.53%, net asset value at 1.4540 yuan [2][7]. - **Ping An Medical and Medical Device Innovation ETF**: Established on June 9, 2021, with a year-to-date return of 4.62% and a cumulative return of -64.93%, net asset value at 0.3507 yuan [2][6]. - **Ping An 5-10 Year National Bond Active Bond ETF**: Established on December 21, 2018, with a year-to-date return of 0.19% and a cumulative return of 27.40%, net asset value at 1.2624 yuan, scale of 1.42 billion yuan as of March 31, 2025 [2][6]. - **Guangdong-Hong Kong-Macao Greater Bay Area ETF**: Established on September 23, 2019, with a year-to-date return of 2.81% and a cumulative return of 22.84%, net asset value at 1.2284 yuan [2][6]. - **Ping An FTSE China State-Owned Enterprises Open Win ETF Link**: Established on March 26, 2024, with year-to-date returns of -3.51% and -3.60%, cumulative returns of 2.28% and 2.03%, net asset values at 1.0228 yuan and 1.0203 yuan [2][5]. Management Changes - Bai Guiyao has been appointed as a new fund manager for several ETFs, including Ping An Zhongdai-0-3 Year National Development Bank Bond ETF, Ping An FTSE China State-Owned Enterprises Open Win ETF, and others, indicating a focus on enhancing fund management expertise [1][4][5][6][7].