央视网消息：7月A股市场稳中有进，带动公募基金产品受到投资者关注，多家基金公司也积极布局，推出新产品。记者在采访中了解 到，发力中国科创领域成为资金关注的热点。 记者在摩根资产管理位于上海的办公室看到，多个会议室都座无虚席，其中不少都是专门针对中国人工智能、创新药等行业的专题分析， 也有工作人员正在紧锣密鼓整理资料，为接下来的新基金申请做准备。 万得数据显示，7月全月，公募基金共"上新"20只产品，其中，专门支持科创领域的科创债指数基金在7月成为"上新"的"主力军"，有10只 都是科创债主题产品，此外，机器人、创新药、航空航天等题材也是"上新"热点。 7月3只险资私募备案 入市步伐不断加快 市场走势的变化背后，也离不开"长钱长投"的保险资金。7月，保险资金的入市步伐也在持续加快。 中国证券投资基金业协会官网显示，7月，又有3只险资私募完成备案，根据公告显示，其中1只规模达到了225亿元。 数据显示，截至7月末，中国人寿、中国平安、泰康保险等10余家保险企业在年内密集设立或增资私募证券投资基金，合计目标投资规模 已超2000亿元。随着保险资金长期投资改革试点的稳步推进，保险资金入市步伐整体持续加快。 中国银河证 ...

Group 1 - In July, the Shanghai Composite Index stabilized above 3500 points, with multiple sectors reaching new highs, indicating a steady improvement in the capital market [2] - The trading volume in July reached a new high for the year, with the Shanghai market exceeding 15.6 trillion yuan and the Shenzhen market exceeding 21.4 trillion yuan, both showing a month-on-month increase of over 30% [2] - The number of new A-share accounts opened in July reached 1.96 million, a month-on-month increase of over 19% and a year-on-year increase of 71%, significantly surpassing last year's levels [2] Group 2 - Public fund products have gained investor attention, with many fund companies actively launching new products focused on the Chinese technology innovation sector [3] - In July, 20 new public fund products were launched, with 10 of them being focused on technology innovation bonds, indicating a strong interest in sectors like robotics, innovative pharmaceuticals, and aerospace [3] Group 3 - Insurance capital is increasingly entering the market, with three private equity funds registered in July, one of which has a scale of 22.5 billion yuan [5] - Over 10 insurance companies, including China Life and Ping An, have established or increased private equity funds with a total target investment scale exceeding 200 billion yuan, reflecting a trend towards long-term investment strategies [5] - Insurance institutions are focusing on long-term holdings of listed company stocks, which will inject more stable and long-term capital into the market, supporting sectors aligned with national development strategies such as high-end manufacturing and artificial intelligence [5]

Group 1 - The A-share market showed steady progress in July, attracting investor attention towards public fund products, with several fund companies actively launching new products focused on China's sci-tech sector [1][5] - Morgan Asset Management's new product launched in July became the largest actively managed quantitative fund in the market since 2024, targeting industries with growth potential such as green transformation and intelligent upgrades [3] - In July, a total of 20 new public fund products were introduced, with 10 of them being focused on sci-tech bond index funds, highlighting the growing interest in sectors like robotics, innovative pharmaceuticals, and aerospace [5]

摩根资产管理（中国）副总经理 郭鹏：7月我们的一个新产品成为2024年以来全市场首发规模较大的主动量化基金，它可投资A股中未来具有成长潜力和增 长动能的行业，比如绿色化、智能化转型等新质生产力相关的行业。7月以来，我们还在筹备专门针对具有核心技术壁垒、清晰商业化路径和全球竞争力标 的的产品。 万得数据显示，7月全月，公募基金共"上新"20只产品，其中，专门支持科创领域的科创债指数基金在7月成为"上新"的"主力军"，有10只都是科创债主题产 品，此外，机器人、创新药、航空航天等题材也是"上新"热点。 央视网消息：7月A股市场稳中有进，带动公募基金产品受到投资者关注，多家基金公司也积极布局，推出新产品，记者在采访中了解到，发力中国科创领 域成为资金关注的热点。 记者在摩根资产管理位于上海的办公室看到，多个会议室都座无虚席，其中不少都是专门针对中国人工智能、创新药等行业的专题分析，也有工作人员正在 紧锣密鼓整理资料，为接下来的新基金申请做准备。 ...

Core Viewpoint - The recent surge in applications for technology innovation bond index funds indicates a growing interest in high-quality, AAA-rated bonds, driven by their stability and low default risk [2][3]. Group 1: Fund Applications and Market Trends - Recently, the application materials for the CCB CSI AAA Technology Innovation Corporate Bond Index Fund were accepted by regulators, following similar approvals for products from other fund companies [1][2]. - A total of 12 fund companies have submitted applications for technology innovation bond index funds to the CSRC this year [1][2]. - The AAA-rated bonds have attracted significant attention due to their high credit ratings and stable annualized returns, with the CSI AAA Technology Innovation Corporate Bond Index showing a 13.65% increase since July 29, 2022, reaching a historical high of 113.69 points on May 28 [2][3]. Group 2: Market Expansion and Policy Support - The technology innovation bond market has expanded rapidly, with a total scale exceeding 2.8 trillion yuan, supported by various policy measures since the pilot program began in 2021 [3]. - Recent policy updates have broadened the range of issuers for technology innovation bonds, including private equity and venture capital firms, enhancing market liquidity and supporting corporate financing [2][3]. Group 3: Bond ETF Performance - Bond ETFs have seen significant net inflows, with the top five ETFs by net inflow in May being primarily bond-focused, indicating strong market interest in this asset class [9][12]. - The introduction of market makers has improved the average turnover rate of benchmark corporate bonds, enhancing liquidity and reducing transaction costs for investors [9][10]. Group 4: Investment Outlook - The current environment, characterized by declining deposit rates, is expected to boost demand for credit assets, making short-term rate bonds particularly attractive for investment [10].

【导读】12家公募"跑马圈地"，布局科创债指数基金助力科技创新 科创债指数基金正成为公募重点布局的产品赛道。 最新数据显示，年内已有12家基金公司上报上证AAA科技创新公司债指数基金（以下简称科创债指数 基金）。 在受访公募看来，科创债指数基金有助于进一步加快我国科技实力的发展，同时科创债将为投资者分享 我国科技发展带来的红利提供良好的配置工具，促进整个社会资源配置效率提升。 公募基金市场中，又一个新的品类热度正在攀升。 12家公募申报科创债指数基金 数据显示，截至5月27日，今年以来已有12家基金公司向证监会递交了科创债指数基金的申请材料。 最新行动的是建信基金。5月26日，建信上证AAA科技创新公司债指数发起式基金的申报材料获监管接 收。而在5月6日，中银基金和上银基金旗下同类产品的申报材料获接收。 注册制改革下审核效率提升、引入专项做市商制度、对科技债交易给予税收减免等一系列政策陆续落 地，未来科创债市场有望进一步扩容，科创债的换手率和流动性将明显改善，发行主体结构逐步优化。 基于此，中银基金判断，科创债有望成为信用债市场增长最快的板块之一，助力科技创新产业 （300832）升级和金融工具创新。随着科创 ...

Group 1 - The core viewpoint of the article highlights the significant role of the Sci-Tech Innovation Bond (科创债) market in supporting "hard technology" enterprises since its launch on May 20, 2022, and the recent acceleration of public funds in this sector [1][2] - The overall scale of the Sci-Tech Innovation Bond market has rapidly increased, with a total of 1,190 bonds issued amounting to 1.30 trillion yuan and 1,579 notes issued totaling 1.38 trillion yuan, benefiting 625 technology innovation enterprises [2] - The People's Bank of China and the China Securities Regulatory Commission have announced further optimization of the issuance mechanism for Sci-Tech Innovation Bonds, encouraging public funds to create ETF products [2][3] Group 2 - Public funds are intensifying their layout in Sci-Tech Innovation Bond index products, with 11 institutions, including Bank of China Fund and Bosera Fund, having reported their index funds [3] - The characteristics of Sci-Tech Innovation Bond index funds, such as "high yield and low volatility," are expected to become a stabilizing asset for institutional investors [3] - The development of Sci-Tech Innovation Bonds and ETFs is creating a synergistic effect, with the current scale of Sci-Tech Board ETFs exceeding 250 billion yuan, indicating a growing interest in technology-focused investments [4] Group 3 - The linkage between Sci-Tech Innovation Bonds and the Sci-Tech Board ETFs is seen as a key pillar in constructing a technology financial ecosystem, providing low-cost financing for enterprises while guiding market funds towards technology innovation [4] - The proportion of actively managed equity funds allocated to Sci-Tech Board stocks reached a historical high of 15.17% by the end of Q1 2025, an increase of 2.11 percentage points from the end of 2024 [4] - The launch of Sci-Tech Innovation Bond ETFs is anticipated to enhance market liquidity and investor participation, further promoting high-quality development in China's technology industry [4]