ETF 日报 2025.11.24 市场概况： ◼ 今日 A 股上证综指上涨 0.05%，收于 3836.77 点，深证成指上涨 0.37%，收于 12585.08 点，创业板指上涨 0.31%，收于 2929.04 点， 两市 A 股成交金额为 17406 亿元。涨幅靠前的行业有：国防军工 （4.31%）、传媒（3.49%）、计算机（2.41%），跌幅靠前的行业有： 石油石化（-1.21%）、煤炭（-1.09%）、银行（-0.79%）。 股票 ETF： ◼ 今日成交金额靠前的股票 ETF 为：华夏中证 A500ETF 上涨 0.18%， 贴水率为 0.13%；华泰柏瑞沪深 300ETF 下跌 0.15%，贴水率为- 0.13%；国泰中证 A500ETF 涨跌幅为 0.00%，贴水率为 0.13%。 债券 ETF： ◼ 今日成交金额靠前的债券 ETF 为：海富通中证短融 ETF 上涨 0.01%， 贴水率为 0.00%；博时中证可转债及可交换债券 ETF 下跌 0.08%， 贴水率为 0.06%；华夏中证 AAA 科技创新公司债 ETF 上涨 0.01%， 贴水率为-0.21%。 2025 年 11 月 24 ...

ETF 日报 2025.11.21 市场概况： ◼ 今日 A 股上证综指下跌 2.45%，收于 3834.89 点，深证成指下跌 3.41%，收于 12538.07 点，创业板指下跌 4.02%，收于 2920.08 点， 两市 A 股成交金额为 19839 亿元。跌幅靠前的行业有：综合（- 5.50%）、有色金属（-5.26%）、电力设备（-5.17%）。 股票 ETF： ◼ 今日成交金额靠前的股票 ETF 为：易方达创业板 ETF 下跌 4.03%， 贴水率为-3.93%；华泰柏瑞沪深 300ETF 下跌 2.40%，贴水率为- 2.41%；华夏中证 A500ETF 下跌 2.78%，贴水率为-2.77%。 债券 ETF： ◼ 今日成交金额靠前的债券 ETF 为：海富通中证短融 ETF 下跌 0.00%， 贴水率为 0.00%；博时中证可转债及可交换债券 ETF 下跌 0.77%， 贴水率为-0.88%；中银上证 AAA 科创债 ETF 上涨 0.02%，贴水率为 -0.21%。 2025 年 11 月 21 日 ETF 日报 证券研究报告-ETF 日报 分析师：马遥识途 资格证书：S1330524050 ...

11月20日两市ETF两融余额为1209.19亿元，较前一交易日减少28.21亿元。其中融资余额为1132.8亿元， 较前一交易日减少25.66亿元；融券余额为76.39亿元，较前一交易日减少2.55亿元。 市场概况 分市场来看，沪市ETF两融余额为844.07亿元，较前一交易日减少24.43亿元。其中融资余额为777.26亿 元，较前一交易日减少21.72亿元；融券余额为66.81亿元，较前一交易日减少2.7亿元。深市ETF两融余 额为365.12亿元，较前一交易日减少3.79亿元。其中融资余额为355.53亿元，较前一交易日减少3.94亿 元；融券余额为9.58亿元，较前一交易日增加1498.52万元。 11月20日ETF融资净买入额前三位分别为：华夏上证科创板50成份ETF（8858.93万元）、华泰柏瑞南方 东英恒生科技指数(QDII-ETF)（5897.84万元）和南方中证500ETF（5870.87万元），前10具体见下表： ETF融资买入额 11月20日ETF融资买入额前三位分别为：华泰柏瑞南方东英恒生科技指数(QDII-ETF)(14.67亿元)、易方 达中证香港证券投资主题ETF(12.41 ...

Market Overview - As of November 19, the total ETF margin balance in the two markets is 123.74 billion yuan, a decrease of 73.20 million yuan from the previous trading day [1] - The financing balance is 1158.46 billion yuan, an increase of 17 million yuan from the previous trading day, while the securities lending balance is 7.894 billion yuan, a decrease of 244 million yuan [1] - In the Shanghai market, the ETF margin balance is 86.85 billion yuan, a decrease of 11.7 million yuan from the previous trading day [1] - The financing balance in the Shanghai market is 798.99 billion yuan, an increase of 79.66 million yuan, while the securities lending balance is 6.951 billion yuan, a decrease of 197 million yuan [1] - In the Shenzhen market, the ETF margin balance is 36.89 billion yuan, an increase of 43.68 million yuan from the previous trading day [1] - The financing balance in the Shenzhen market is 35.947 billion yuan, an increase of 90.73 million yuan, while the securities lending balance is 943 million yuan, a decrease of 47.04 million yuan [1] ETF Margin Balance - The top three ETFs by margin balance as of November 19 are: - Huaan Yifu Gold ETF (8.252 billion yuan) - E Fund Gold ETF (5.732 billion yuan) - Fortune China Bond 7-10 Year Policy Financial Bond ETF (4.661 billion yuan) [2] - The top ten ETFs by margin balance include: - Huatai-PB CSI 300 ETF (4.097 billion yuan) - Huaxia Hang Seng (QDII-ETF) (4.048 billion yuan) - Guotai CSI All-Share Securities Company ETF (3.747 billion yuan) [2] ETF Financing Buy Amount - The top three ETFs by financing buy amount on November 19 are: - Hai Futong CSI Short Bond ETF (1.268 billion yuan) - Bosera CSI Convertible Bonds and Exchangeable Bonds ETF (1.053 billion yuan) - Huatai-PB Southbound Hang Seng Technology Index (QDII-ETF) (995 million yuan) [3][4] ETF Financing Net Buy Amount - The top three ETFs by financing net buy amount on November 19 are: - Guotai Nasdaq 100 (QDII-ETF) (98.75 million yuan) - Huatai-PB Southbound Hang Seng Technology Index (QDII-ETF) (80.05 million yuan) - Huaxia Shanghai Stock Exchange Science and Technology Innovation Board 50 ETF (77.62 million yuan) [5][6] ETF Securities Lending Sell Amount - The top three ETFs by securities lending sell amount on November 19 are: - Huatai-PB CSI 300 ETF (40.917 million yuan) - Huaxia SSE 50 ETF (18.278 million yuan) - Huabao CSI All-Share Securities Company ETF (6.098 million yuan) [7][8]

ETF 日报 2025.11.19 市场概况： ◼ 今日 A 股上证综指上涨 0.18%，收于 3946.74 点，深证成指下跌 0.00%，收于 13080.09 点，创业板指上涨 0.25%，收于 3076.85 点， 两市 A 股成交金额为 17428 亿元。涨幅靠前的行业有：有色金属 （2.39%）、石油石化（1.67%）、国防军工（1.11%），跌幅靠前的行 业有：综合（-3.08%）、房地产（-2.09%）、传媒（-1.72%）。 股票 ETF： ◼ 今日成交金额靠前的股票 ETF 为：华夏中证 A500ETF 上涨 0.17%， 贴水率为 0.24%；华泰柏瑞中证 A500ETF 上涨 0.16%，贴水率为 0.29%；国泰中证 A500ETF 上涨 0.17%，贴水率为 0.31%。 债券 ETF： ◼ 今日成交金额靠前的债券 ETF 为：海富通中证短融 ETF 上涨 0.01%， 贴水率为 0.00%；华夏上证基准做市国债 ETF 下跌 0.06%，贴水率 为-0.01%；易方达中证 AAA 科技创新公司债 ETF 上涨 0.02%，贴水 率为-0.25%。 2025 年 11 月 19 日 ...

Market Overview - As of November 17, the total ETF margin balance in the two markets reached 120.003 billion yuan, an increase of 1.58 billion yuan from the previous trading day [1] - The financing balance was 111.775 billion yuan, up by 1.586 billion yuan, while the securities lending balance decreased by 5.647 million yuan to 8.228 billion yuan [1] - In the Shanghai market, the ETF margin balance was 83.959 billion yuan, increasing by 1.439 billion yuan, with a financing balance of 76.714 billion yuan, up by 1.455 billion yuan [1] - The Shenzhen market's ETF margin balance was 36.044 billion yuan, increasing by 141 million yuan, with a financing balance of 35.061 billion yuan, up by 131 million yuan [1] Top ETF Margin Balances - The top three ETFs by margin balance on November 17 were: 1. Huaan Yifu Gold ETF (8.157 billion yuan) 2. E Fund Gold ETF (5.718 billion yuan) 3. Huatai-PB CSI 300 ETF (4.07 billion yuan) [2][3] Top ETF Financing Buy Amounts - The top three ETFs by financing buy amounts on November 17 were: 1. Hai Futong CSI Short Bond ETF (1.366 billion yuan) 2. Huatai-PB Southern Dongying Hang Seng Technology Index (QDII-ETF) (0.965 billion yuan) 3. E Fund CSI Hong Kong Securities Investment Theme ETF (0.758 billion yuan) [4] Top ETF Financing Net Buy Amounts - The top three ETFs by financing net buy amounts on November 17 were: 1. Fortune China Bond 7-10 Year Policy Financial ETF (256 million yuan) 2. Huatai-PB Southern Dongying Hang Seng Technology Index (QDII-ETF) (152 million yuan) 3. Guotai CSI All-Share Securities Company ETF (117 million yuan) [5] Top ETF Securities Lending Sell Amounts - The top three ETFs by securities lending sell amounts on November 17 were: 1. Southern CSI 500 ETF (31.4377 million yuan) 2. Huatai-PB CSI 300 ETF (22.6433 million yuan) 3. Southern CSI 1000 ETF (14.2213 million yuan) [6]

（文章来源：证券时报网） Wind统计显示，截至11月17日，沪深两市ETF两融余额为1200.03亿元，较上一交易日增加15.8亿元。其 中，ETF融资余额为1117.75亿元，较上一交易日增加15.86亿元；ETF融券余额为82.28亿元，较上一交 易日减少0.06亿元。 具体来看，11月17日有309只ETF获融资净买入，其中，富国中债7—10年政策性金融债ETF获融资净买 入额居首，净买入2.56亿元；融资净买入金额居前的还有华泰柏瑞恒生科技ETF、国泰中证全指证券公 司ETF、易方达中证香港证券投资主题ETF、华夏上证科创板50ETF、鹏扬中债—30年期国债ETF、华 宝中证全指证券公司ETF等。 ...

Core Viewpoint - As of November 13, the total margin balance for ETFs in the Shanghai and Shenzhen markets is 118.734 billion yuan, showing a decrease of 5.003 billion yuan from the previous trading day [1] Summary by Category ETF Margin Balance - The ETF financing balance is 110.292 billion yuan, down by 5.099 billion yuan from the previous trading day [1] - The ETF margin short balance is 8.442 billion yuan, which increased by 0.096 billion yuan compared to the previous trading day [1] Net Buy Activity - On November 13, 225 ETFs experienced net financing purchases, with the highest net purchase amount being 119 million yuan for the Bosera CSI Convertible Bonds and Exchangeable Bonds ETF [1] - Other ETFs with significant net financing purchases include the E Fund CSI Hong Kong Securities Investment Theme ETF, E Fund Gold ETF, GF National Index New Energy Vehicle Battery ETF, E Fund Hang Seng Technology ETF, Huatai-PineBridge CSI 2000 ETF, and Bosera Gold ETF [1]

Core Insights - The total margin balance for ETFs in the Shanghai and Shenzhen markets reached 123.737 billion yuan as of November 12, reflecting an increase of 0.93 billion yuan from the previous trading day [1] - The financing balance for ETFs was 115.391 billion yuan, up by 0.81 billion yuan, while the margin short balance was 8.346 billion yuan, increasing by 0.12 billion yuan [1] ETF Financing Activity - On November 12, 270 ETFs experienced net financing inflows, with the Huaxia SSE Sci-Tech Innovation Board 50 ETF leading with a net inflow of 146 million yuan [1] - Other ETFs with significant net financing inflows included Huaxia National Certificate Free Cash Flow ETF, Harvest SSE Sci-Tech Innovation Board Chip ETF, Guotai Junan CSI All Share Securities Company ETF, E Fund CSI Hong Kong Securities Investment Theme ETF, and E Fund ChiNext ETF [1]

Market Overview - As of November 10, the total ETF margin balance in the two markets reached 118.896 billion, an increase of 0.787 billion from the previous trading day [1] - The financing balance was 110.514 billion, up by 0.790 billion, while the securities lending balance decreased by 2.1971 million [1] - In the Shanghai market, the ETF margin balance was 82.798 billion, increasing by 0.403 billion, with a financing balance of 75.372 billion, up by 0.374 billion [1] - In the Shenzhen market, the ETF margin balance was 36.099 billion, increasing by 0.385 billion, with a financing balance of 35.143 billion, up by 0.415 billion [1] Top ETF Margin Balances - The top three ETFs by margin balance on November 10 were: - Huaan Yifu Gold ETF (8.11 billion) - E Fund Gold ETF (5.697 billion) - Huaxia Hang Seng (QDII-ETF) (4.072 billion) [2] - The detailed top 10 ETFs by margin balance include various funds, with the Huaan Yifu Gold ETF leading [2] Top ETF Financing Buy Amounts - The top three ETFs by financing buy amounts on November 10 were: - Hai Futong CSI Short Bond ETF (1.62 billion) - E Fund CSI Hong Kong Securities Investment Theme ETF (1.608 billion) - Bosera CSI Convertible Bonds and Exchangeable Bonds ETF (1.027 billion) [3] - The detailed top 10 ETFs by financing buy amounts include several funds, with Hai Futong CSI Short Bond ETF leading [3] Top ETF Financing Net Buy Amounts - The top three ETFs by financing net buy amounts on November 10 were: - E Fund ChiNext ETF (0.276 billion) - Hai Futong CSI Short Bond ETF (0.151 billion) - Huaan Yifu Gold ETF (0.12 billion) [5] - The detailed top 10 ETFs by financing net buy amounts include various funds, with E Fund ChiNext ETF leading [5] Top ETF Securities Lending Sell Amounts - The top three ETFs by securities lending sell amounts on November 10 were: - Huatai-PB CSI 300 ETF (35.0978 million) - Southern CSI 500 ETF (18.1277 million) - Huaxia SSE 50 ETF (11.4442 million) [7] - The detailed top 10 ETFs by securities lending sell amounts include several funds, with Huatai-PB CSI 300 ETF leading [7]