数据显示，截至7月8日，今年以来共有超过700只基金增聘了基金经理。值得关注的是，三人共管甚至四人共管的基金数量也在不断增加。 3、两家公募首次发行QDII产品 在新一批QDII投资额度发放之际，有两家公募相继迎来旗下首只QDII产品的发行。据了解，两只新品均聚焦港股市场，分别锚定消费、科技两大热门赛 道。 二、知名基金经理最新动态 1、尹涛：市场风险偏好正在抬升 天赐良基日报第683期 一、今日基金新闻速览 1、益民基金王睿新任首席信息官 7月9日，益民基金发布公告，王睿于7月8日新任首席信息官。履历显示，王睿2025年3月加入益民基金，担任运作保障部信息技术总监。 2、年内超700只基金增聘基金经理 1、ETF行情复盘 市场全天冲高回落，截至收盘，沪指跌0.13%，深成指跌0.06%，创业板指涨0.16%。沪深两市全天成交额1.51万亿元，较上个交易日放量512亿元。板块方 面，多元金融、文化传媒、医疗服务等板块涨幅居前，而保险、贵金属、船舶制造等板块回调居前。 具体来看，标普油气ETF领涨3.44%，多只创新药相关ETF也有所表现。 | 代码 | 名称 | 相关链接 | 最新价 | 涨跌额 | 涨跌幅 ...

Group 1 - The film industry is experiencing a strong recovery, with box office revenue surpassing 30 billion yuan by July 8, 2023, achieving this milestone 28 days earlier than last year and showing a year-on-year growth of over 20% [1] - The summer film season is crucial for box office performance, with over 60 domestic and foreign films scheduled for release, leading to strong market expectations for future revenue growth [1] - Recent government policies support innovation in film supply and encourage immersive experiences, providing a favorable environment for the film and cultural tourism sectors [1] Group 2 - The film ETF (516620) has increased by over 40% in the past year, covering more than 80% of the market capitalization of leading companies in the A-share film industry, while also considering growth-oriented small and medium-sized enterprises [2] - The index has undergone adjustments and is currently at a historical low valuation, with expectations of a rebound driven by improved industry fundamentals and the positive impact of AI technology [2] - Investors are encouraged to consider the film ETF for a streamlined investment approach in the recovering film industry [2]

Group 1 - The S&P Oil and Gas ETF (159518) led the gains with an increase of 3.22% [1] - The S&P Oil and Gas ETF (513350) also showed a significant rise of 2.97% [1] - The Film and Television ETF (516620) experienced a gain of 1.51% [1] Group 2 - The Gold Stocks ETF (517520) was the biggest loser, declining by 1.82% [1] - The Gold Stocks ETF (159321) fell by 1.65% [1] - The Gold Stocks ETF (159562) decreased by 1.6% [1]

Market Overview - The market experienced fluctuations with the Shanghai Composite Index reaching a peak near 3500 before retreating, closing at 3472.32, up 0.32% with a trading volume of 567.24 billion [1] - The Shenzhen Component Index fell by 0.25% to 10508.76, while the ChiNext Index decreased by 0.36% to 2156.23, with respective trading volumes of 861.32 billion and 420.45 billion [1] - Strong performances were noted in sectors such as gaming, financial services, semiconductor equipment, and innovative pharmaceuticals, while sectors like non-ferrous metals, telecommunications, and robotics saw declines [1] Technical Analysis - A clear "breakout-pullback-rally" pattern has emerged, indicating a strong market sentiment despite profit-taking pressures near previous highs [2] - The market's trading focus has shifted upward, supported by various key moving averages and critical levels, suggesting a continuation of the strong high-level consolidation [2] Economic Context - The easing of the US-China tariff dispute and the introduction of "anti-involution" policies signal a potential resolution to the "supply-demand mismatch" clouding the Chinese economy [4] - Recent meetings between US and Chinese officials have led to the resumption of exports of key products to China, indicating a positive shift in trade relations [4] Investment Strategy - A "dividend + growth" strategy is recommended, focusing on dividend-paying sectors and growth-oriented stocks that are expected to benefit from economic recovery and liquidity easing [5] - Investors are encouraged to consider sectors like coal and consumer goods, which are aligned with the dividend strategy, alongside growth sectors such as semiconductor equipment and innovative pharmaceuticals [5] Financial Sector Performance - The financial sector, particularly banks, securities, and insurance, has shown strong performance, with ETFs reflecting significant gains [6][9] - High dividend yields and a rebalancing of public fund allocations are driving interest in bank stocks, which currently have a yield exceeding 5% [6] - The ongoing consolidation in the securities industry, with major mergers and acquisitions, is enhancing market optimism and improving competitive dynamics [8] Gaming Industry Insights - The gaming sector is witnessing a dual development path focusing on "IP + quality," with successful titles boosting market sentiment [10][11] - The frequency of game license approvals has increased, providing a supportive environment for industry growth [11] - The integration of generative AI is expected to lower development costs and enhance profitability, further driving the sector's valuation [12]

Group 1 - Xin Yuan Fund's subsidiary purchased two equity products worth 20 million yuan, demonstrating confidence in the long-term stability of the Chinese capital market and the company's investment capabilities [1] - The company emphasizes a principle of sharing risks and benefits with investors, committing to long-term and value investment strategies to create sustainable value for fund shareholders [1] Group 2 - The first batch of Sci-Tech Innovation Bond ETFs is expected to be reported, with up to 10 new products in the pipeline, indicating a significant acceleration in the trend of index-based investment in the bond market [2] - In January, the first batch of 8 benchmark credit bond ETFs was established, marking a large-scale expansion in the history of bond ETFs [2] Group 3 - Over 20 public fund companies have launched podcast channels, reflecting the growing importance of podcasts as a medium for investors to access information and understand the market [3] - Popular podcasts include "Da Fang Tan Qian" from Huaxia Fund, which has nearly 75,000 subscribers, and episodes focusing on family financial issues have garnered over 116,000 views [3] Group 4 - As of June 13, approximately 95% of the 2,440 pure bond funds have achieved positive net value growth this year, with over 82% of funds reaching new highs in June [4] - Notable funds include Bosera Yutong Pure Bond 3-Month A and Guotai Ruiyuan One-Year Open Fund, with net value growth rates of 4.16% and 4.01% respectively [4] Group 5 - A total of 105 public funds have been liquidated this year, primarily due to asset net values falling below contractual limits, with 83 funds affected [5][6] - Among the liquidated funds, 40 were initiated funds, with 32 being equity funds, indicating a significant impact on the equity product segment [6] Group 6 - Zheng Chengran has increased holdings in Goodwe, with the fund managing 6.1976 million shares, making it the fourth-largest shareholder [7] - The fund had previously reduced its holdings significantly in the first quarter but has since increased its position by 3.0224 million shares in the second quarter [7] Group 7 - The market experienced a rebound on June 16, with the Shanghai Composite Index rising by 0.35% and the Shenzhen Component Index by 0.41% [8] - The trading volume in the two markets was 1.22 trillion yuan, a decrease of 252.2 billion yuan from the previous trading day, with sectors like wind power equipment and gaming showing strong performance [8]

Market Overview - A-shares experienced fluctuations with the Shanghai Composite Index closing at 3388.73 points, up 0.35%, and the Shenzhen Component Index at 10163.55 points, up 0.41% [1] - The trading volume reached 481.59 billion yuan for Shanghai and 733.49 billion yuan for Shenzhen [1] - Wind power, gaming, and mining sectors led the gains, while precious metals and jewelry sectors lagged [1] Geopolitical Impact - Israel launched an attack on Iran's largest gas field, marking the first direct strike on Iranian energy infrastructure, raising concerns about escalating conflict and its impact on the Strait of Hormuz [1] - Several oil tankers have delayed their arrival at Iran's Kharg Island, which is crucial for Iran's daily export of 1.5 million barrels of oil [1] - Despite the limited intensity of the attack, traditional safe-haven assets like oil and gold saw fluctuations, indicating the need to monitor the military confrontation's effects on global energy markets and financial stability [1] Economic Data - The National Bureau of Statistics reported that China's retail sales of consumer goods reached 4.1326 trillion yuan in May, a year-on-year increase of 6.4%, the highest growth rate since December 2023 [2] - Policies such as "trade friction" support and "trade-in" initiatives have positively influenced consumption, particularly in basic living and some upgraded goods [2] - Retail sales for food, gold and silver jewelry, and sports and entertainment products saw significant growth, with increases of 14.6%, 21.8%, and 28.3% respectively [2] Real Estate Sector - From January to May, national real estate development investment saw a year-on-year decline of 10.7%, with new housing sales area down by 2.9% [4] - In May 2025, second-hand housing prices in 70 major cities continued to decline, with first-tier cities seeing a 0.7% drop [4] - The spokesperson from the National Bureau of Statistics indicated that while policies to stabilize the real estate market are being implemented, market confidence still needs to be restored [4] Credit and Industrial Prices - Credit data shows significant room for improvement in the real estate sector, while industrial product prices have decreased by 7.2% since the end of March [5] - The People's Bank of China announced a 400 billion yuan reverse repurchase operation, indicating relatively ample liquidity [5] - The 10-year government bond yield fluctuated around 1.65%, with expectations of a downward trend as deposit rates adjust [5] Entertainment and IP Market - The gaming ETF and film sector saw notable increases, driven by the performance of major stocks like Light Media [6] - At the Shanghai International Film Festival, it was revealed that the animated film "Ne Zha" is expected to surpass $100 million in overseas box office, setting a record for Chinese films [7] - The IP derivative market in China is rapidly developing, with a retail market size of 71.5 billion yuan in 2022, but still significantly lower than developed countries [8][14] IP Derivative Market Insights - The IP derivative market meets consumer emotional needs, social interaction, and offers collectible value [11] - The market faces challenges such as the scarcity of quality IP and high piracy rates, which hinder long-term growth [16][14] - Companies that can consistently create quality IP are prioritized for investment, while monitoring the progress of market supervision against piracy is essential [16]

6月16日，A股三大指数集体收涨。截至收盘，上证指数涨0.35%，深成指涨0.41%，创业板指涨0.66%。全市场成交额1.21万亿元，较上个交易日缩量2603亿 元。 游戏ETF（516010）收涨5.24%，影视ETF（516620）收涨4.68%。 上涨原因分析 内容产业链正进入重估周期，AI赋能、产业格局优化与后链路商业化潜力广阔。 从更中长期的角度看，当前游戏与影视ETF的上涨不仅仅是事件催化，更是行业趋势与结构升级的体现。中国IP产业正迎来从"内容爆款"到"商业闭环"的关 键跃迁。根据《2024全球授权市场报告》，2023年中国IP授权商品零售额为137.7亿美元，仅为美国的21.6%、日本的不到40%。从后链路开发结构看，中国 目前IP商品的衍生品销售收入仅占整体收入的10%，远低于美、日市场70%左右的成熟水平，表明我国在IP商业转化率、产业纵深度方面仍具广阔提升空 间。 Z世代情绪消费的崛起也为"谷子经济"提供了长期需求支撑。数据显示，中国泛二次元用户规模已超5亿人，其中95%以上为Z世代女性用户，具有明确的情 感投射偏好和较强的线上消费能力。IP商品不仅是产品，更是身份认同、社交表达与审美 ...

| 证券代码 | 证券名称 | 中证一级行业分类 | 中证二级行业分类 | 权重(%) | | --- | --- | --- | --- | --- | | 300251 | 光线传媒 | 通信服务 | 传媒 | 11.29 | | 002624 | 完美世界 | 通信服务 | 传媒 | 8.64 | | 300413 | 芒果超媒 | 通信服务 | 传媒 | 6.90 | | 600637 | 东方明珠 | 通信服务 | 传媒 | 6.25 | | 002739 | 万达电影 | 通信服务 | 传媒 | 6.16 | | 300182 | 捷成股份 | 通信服务 | 传媒 | 4.72 | | 000681 | 视觉中国 | 通信服务 | 传媒 | 4.09 | | 300133 | 华策影视 | 通信服务 | 传媒 | 4.01 | | 002292 | 奥飞娱乐 | 可选消费 | 耐用消费品 | 3.91 | | 600959 | 江苏有线 | 通信服务 | 传媒 | 3.56 | 中证影视主题指数主要权重股 游戏板块持续大涨后，今日市场做多情绪传导至整个文化传媒领域，除了游戏ETF继续大涨外，4只影 ...

Core Viewpoint - The summer film season is expected to drive marginal improvements in the industry, supported by a series of government policies promoting digital transformation in the cultural sector and the application of AI technology in media [1] Group 1: Industry Insights - The summer season is one of the most important periods for the film industry, spanning June to August, and accounting for a significant portion of annual box office revenue (28% in 2022, 34% in 2023, and 25% in 2024) [1] - As of June 10, 2025, a total of 69 films have been scheduled for release during the summer season, including major titles such as "The Sauce Garden Case," "Jurassic World: Rebirth," and "Strange Tales: Lanruo Temple" [1] - The current market expectations for the summer season are relatively low, but the success of "Nezha 2" in Q1 has sparked a surge in audience interest, indicating potential for improved performance as quality films are released [1] Group 2: ETF and Index Information - The film ETF (516620) tracks the CSI Film Index (code: 930781), which is compiled by the China Securities Index Company and includes listed companies involved in film content production, distribution, and screening [1] - The CSI Film Index is characterized by high industry concentration and growth potential, effectively reflecting the market trends of companies within the film industry [1]

黄金行情爆发中，一键布局买入黄金等避险资产>>> ETF开盘涨跌不一，油气ETF华泰柏瑞(561570)领涨8.56%，油气资源ETF(563150)涨1.98%，金 ETF(159834)涨1.76%，影视ETF(159855)领跌1.12%，食品饮料ETF(159843)跌1.1%，食品饮料ETF天弘 (159736)跌1.01%。 ...