当前距离国庆+中秋假期仅剩7日！2025中秋与国庆假期合并，将从10月1日至10月8日放假8天，机构认 为较长的假期下旅游市场有望表现良好。 而聚焦景区、航空、免税、酒店等细分产业的旅游ETF已连续3日调整，资金连续2日跑步入场，累计申 购金额超3000万；前期火热的西域旅游、云南旅游、曲江文旅等今日领跌。 据同程旅行信息，本次小长假有望表现出"短途出游频次提升，长线旅行品质提升"的特点，9月以来中 秋和国庆假期的出行搜索量增幅同比2024年有较大幅度提升。截至9月11日，假期出行的国内机票近一 周搜索热度同比增长超过30%。 政策面来看，扩消费政策进一步推进。9月5日商务部等9部门联合印发《关于扩大服务消费的若干政策 措施》并于9月16日对外发布。政策提出5方面19条措施，意在进一步提振服务消费、扩大内需。 ...

Group 1 - The "Second Golden Unicorn Best Investment Advisor Selection" event is currently ongoing, with over 3,000 professional investment advisors participating in simulated trading competitions [1] - The event aims to provide a platform for investment advisors to showcase their capabilities, expand their services, and enhance their skills, thereby promoting the healthy development of China's wealth management industry [1] Group 2 - The top ten most frequently bought ETFs on September 18 include the Hong Kong Securities ETF, Sci-Tech Chip ETF, and Robot ETF, indicating strong interest in these sectors [2] - The top ten ETFs by purchase amount on the same day also feature the Hong Kong Securities ETF and Robot ETF, suggesting significant capital flow into these investment vehicles [3] Group 3 - The data for the top bought stocks/ETFs is based on the frequency of purchases by all participating advisors, while the purchase amount data reflects the total investment amounts in these stocks/ETFs [4] - The competition includes categories for stock simulation, on-site ETF simulation, and public fund simulation, with specific trading rules regarding holding proportions, maximum drawdown, and rebalancing frequency [4]

9月18日早盘，旅游ETF（562510）大幅拉升，盘中涨超1%，二级市场交易价格再创年内新高，持仓股 云南旅游（002059）涨停，华天酒店（000428）、曲江文旅（600706）、中国中免（601888）等跟涨。 今年国庆节和中秋节假期连休，将形成8天的"超级黄金周"，旅游市场有望迎来快速增长。具体来看， 国内游方面，北方地区进入秋景最佳观赏期，新疆、内蒙、甘肃等目的地产品销售火爆；出境游方面则 受免签政策、航班恢复等利好政策影响。 机构表示，观察到各平台暑期以来均加大营销专项投入，预计国内线上旅游预订维持稳健增长态势。国 庆假期旅游的关注重点为国内机票和酒店客单价恢复情况；出境游和入境游仍有望延续高增速。 ...

| 排名 | 股票代码 | 股票名称 | | --- | --- | --- | | 1 | sz159530 | 机器人ETF | | 2 | sh513310 | 中韩半导体ETF | | 3 | sz159766 | 旅游ETF | | 4 | sh513090 | 香港证券ETF | | 5 | sz159278 | 机器人ETF | | 6 | sz159559 | 机器人50ETF | | 7 | sh562500 | 机器人ETF | | 8 | sz159801 | 芯片ETF龙头 | | 9 | sh515250 | 智能汽车ETF | | 10 | sh516510 | 云计算ETF | 说明：（1）十大买入个股/ETF榜数据为综合所有参赛选手今日买入个股/ETF次数最多的10只股 票/ETF； 【全榜单】专业选手"实战大赛"TOP榜：股票组榜首收益率超150% 新浪财经主办、银华基金独家合作的"第二届金麒麟最佳投资顾问评选"活动火热进行中！超3000名专业 投顾模拟组合火热PK中！ 金麒麟最佳投资顾问评选活动旨在为投资顾问提供一个展示形象、扩围服务、提升能力的舞台，为优秀 投资顾问与大众 ...

Core Insights - China has decided to expand its visa-free policy to include ordinary passport holders from Russia, effective from September 15, 2025, to September 14, 2026 [1] - Following the announcement, there was a nearly 100% year-on-year increase in flight searches from Moscow on the Qunar platform, with peak search volume rising nearly fourfold [1] - Data from major holidays in 2025, including Qingming, Dragon Boat, and Labor Day, indicates a significant increase in per capita spending, suggesting continued consumer activity during the upcoming Mid-Autumn and National Day holidays, which is expected to positively impact the tourism industry [1] - The trading activity of tourism ETFs (562510) has notably increased, reflecting heightened interest in the tourism sector [1]

从2025年清明、端午、五一数据来看，主要节假日人均消费均有所突破，中秋国庆长假也有望继续维持 消费活跃态势。在市场情绪持续升温、美联储降息临近的背景下，滞涨的食品饮料、旅游等消费细分领 域具备一定吸引力。 在AI及芯片热度下，创业板、科创板持续火爆，上证指数连续突破新高；相对低估的消费板块也重回 大众视野，各类资金跑步入场，买入相关ETF。 旅游ETF（562510）连续21日获得资金申购，净流率超30%。食品饮料ETF（515170）连续6日获得资金 申购，累计金额超4亿。 每日经济新闻 ...

Market Overview - On August 25, A-share trading volume exceeded 3 trillion yuan, marking the second-highest record in history, reflecting a significant change in the funding landscape [1][18] - The Shanghai Composite Index closed at 3877.13, up 51.37 points or 1.34%, while the Shenzhen Component Index rose by 251.25 points or 2.07% [2] Investor Behavior - There is a notable shift in resident savings as the 10-year government bond yield fell below 1.8% and bank deposit rates continued to decline, prompting a move from "easy earnings" to equity markets [3] - In July, new A-share accounts reached 1.96 million, a year-on-year increase of 71%, indicating a significant rise in retail investor participation [6] Foreign Investment Trends - South Korean retail investors increased their holdings in Chinese stocks by nearly 30%, and foreign capital's allocation to A-shares rose by 0.7 percentage points, driven by a favorable dollar liquidity environment [7] Policy Impact - Policies such as "old-for-new" exchanges and LPR rate cuts are continuously releasing market dividends, enhancing market confidence amid economic recovery expectations [8] - The consumer sector is emerging as a new favorite for funds, contrasting with the crowded trading in technology and AI sectors [8] Valuation Insights - As of August 25, the price-to-earnings ratio of the major consumer index was only 19.88, the lowest in nearly three years, while the food and beverage sector's year-to-date performance lagged behind the broader market [9] Dividend Stocks - Leading stocks like Kweichow Moutai and Gree Electric have dividend rates exceeding 75%, attracting risk-averse capital due to their stable cash flows [10] Seasonal Trends - The recent government push for "innovative consumption scenarios" and the upcoming National Day holiday are boosting interest in tourism and retail sectors, with consumer-themed ETFs seeing net inflows exceeding 3.4 billion yuan since August [11] Historical Context - Historical analysis shows that consumer sectors exhibited strong performance in the latter stages of previous bull markets, with the food and beverage index rising over 41% in 2021, significantly outperforming the Shanghai Composite Index [12][13] Investment Strategies - The consumer sector offers both defensive and growth characteristics, supported by policies stimulating demand in appliances and automobiles, alongside new consumption trends driven by Generation Z [15] - Investors are advised to consider index-based investments through consumer ETFs to mitigate individual stock risks and focus on sectors closely related to daily life [17]

证券之星消息，8月27日，旅游ETF（159766）融资买入3337.0万元，融资偿还3038.42万元，融资净买 入298.58万元，融资余额1.75亿元，近3个交易日已连续净买入累计2297.95万元，近20个交易日中有13 个交易日出现融资净买入。 | 交易日 | 融资净买入(元) | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | | 2025-08-27 | 298.58万 | 1.75亿 | | | 2025-08-26 | 1008.06万 | 1.72亿 | | | 2025-08-25 | 991.31万 | 1.62亿 | | | 2025-08-22 | 1626.12万 | 1.52亿 | | | 2025-08-21 | -434.06万 | 1.35 Z | | 融券方面，当日融券卖出0.0股，融券偿还76.56万股，融券净买入76.56万股，融券余量258.23万股，近 20个交易日中有12个交易日出现融券净卖出。 小知识 | 交易日 | 融) 田學院院 | 融券会重(股) | 融券余额(元) | | --- | --- | --- | ...

Group 1: Consumer Sector Performance - The consumer sector has been declining for several years, with a notable lack of interest from investors [1] - The Hong Kong consumer ETF has increased by 21% since the beginning of the year, indicating some recovery in the sector [1] - Investors are seeking stocks that are low in price but have not yet started to rise, rather than those that are simply undervalued [1] Group 2: Specific Industry Analysis - The liquor industry has seen a decline of 11% since the beginning of the year, with a total loss of 23.5% since March 2022 [2][4] - Issues in the liquor sector include inventory buildup, weak demand, and declining profits, particularly for high-end brands like Moutai [4] - The photovoltaic industry has experienced a 4% decline this year, with a total loss of 43.4% since March 2022, indicating severe fundamental issues [4][5] - The tourism sector has also faced a 3% decline this year, with a total loss of around 20% since October 2021, reflecting inconsistent visitor rates and financial instability among many companies [7][10] Group 3: Challenges in Specific Segments - The duty-free segment is struggling with declining consumer purchasing power, leading to reduced profit margins for companies like China Duty Free Group [10] - Tourist attractions face unpredictable visitor rates, with some locations experiencing temporary popularity while others suffer from financial instability [10] - The airline industry is impacted by reduced business travel and declining consumer spending, leading to fewer passengers [10] - The hotel sector is facing intense competition, resulting in challenges similar to those in the restaurant industry [10] Group 4: Broader Industry Concerns - Other sectors such as real estate, coal, building materials, medical devices, food, and batteries are also experiencing difficulties, primarily due to weak demand or overcapacity [10]

Group 1 - The tourism ETF (159766) saw a net financing purchase of 3.40 million yuan on August 7, 2025, with a total financing balance of 142 million yuan [1][2] - Over the past three trading days, the ETF has recorded a cumulative net purchase of 10.96 million yuan, indicating a strong buying interest [1] - In the last 20 trading days, there have been net financing purchases on 14 occasions, reflecting a consistent positive sentiment towards the ETF [1] Group 2 - The total margin trading balance reached 145 million yuan on August 7, 2025, with an increase of 3.41 million yuan, representing a 2.40% rise [3] - The margin trading balance has shown fluctuations, with a previous balance of 142 million yuan on August 6, 2025, which had increased by 6.45 million yuan or 4.77% [3] - The margin trading balance on August 5, 2025, was 135 million yuan, indicating a smaller increase of 1.02 million yuan or 0.76% compared to the previous day [3]