（责任编辑：刘畅 ） ETF方面，军工与商业航天板块联袂上攻，永赢基金卫星ETF、富国基金卫星ETF和万家基金航天 航空ETF分别涨6.2%、5.7%和5.62%。军工板块表现亮眼，富国基金军工龙头ETF涨5.41%。 中韩半导体ETF跌3.68%。大金融板块全线回调，保险证券ETF、证券保险ETF易方达分别跌 3.26%、3.25%。 A股今日窄幅震荡，截至收盘，沪指跌0.07%，录得15连阳，深成指跌0.51%，创业板指跌0.82%， 北证50指数涨0.81%，沪深京三市成交额28262亿元，较上日缩量553亿元，三市超3700只个股飘红。板 块题材上，军工装备、商业航天、脑机接口、光伏设备、可控核聚变、AI智能体、房地产、量子科 技、CRO概念股涨幅居前；保险、证券、有色金属、稀土永磁、银行、电池板块表现落后。 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com ...

（原标题：最强主线彻底爆发！卫星ETF、航天航空ETF、通用航空ETF涨5超%） 卫星产业链、商业航天彻底爆发，成为近期市场最强主线，卫星ETF、航天航空ETF、通用航空ETF、 卫星ETF广发、军工龙头ETF、通用航空ETF基金、航空航天ETF、航天ETF、卫星ETF易方达、通用航 空ETF南方、卫星产业ETF、航空航天ETF、航空航天ETF天弘、航空ETF、国防ETF、卫星ETF鹏华涨 超%。 永赢卫星ETF跟踪国证商用卫星通信产业指数，聚焦卫星制造、火箭发射等商业航天核心环节，成分股 包含航天电子、中国卫星等龙头企业，主题聚焦度高。 消息面上，行业迎来多重催化： 马斯克提出了航天业有史以来最雄心勃勃的制造目标之一:每年生产1万艘星舰飞船。当地时间周日，美 国新闻网站SMX在X上的官方账号发帖称，SpaceX将像生产飞机一样生产星舰飞船。该公司斥资2.5亿 美元在星舰基地(Starbase)建造了一座GigaBay工厂，旨在加速星舰生产。这座占地70万平方英尺的工厂 设计用于每年生产至多1000枚火箭。马斯克在回复中确认了这一消息，并且称:"数量巨大，可能每年多 达1万艘。" 富国卫星ETF、卫星ETF广 ...

Group 1 - Aerospace and defense stocks have strengthened, with China Satellite rising over 7%, and Aviation Power and Aerospace Electronics increasing by over 3% [1] - Related aerospace and defense ETFs have seen an approximate increase of 2% [1] Group 2 - Specific ETF performance includes: - Aerospace ETF (code: 159208) at 1.270, up 0.026 (2.09%) - Aerospace ETF Tianhong (code: 159241) at 1.267, up 0.026 (2.10%) - Aerospace ETF (code: 159227) at 1.244, up 0.024 (1.97%) - Aerospace ETF (code: 159267) at 1.065, up 0.020 (1.91%) [2] - Brokerages indicate that China's military enterprises have demonstrated technological advantages in areas such as drones and fighter jets, becoming a major growth driver in military trade, with the aerospace sector being a core beneficiary [2]

Group 1 - The non-ferrous metal sector showed active performance on December 3, with the CSI Industrial Non-Ferrous Metals Theme Index rising by 1.66%, and stocks such as Tianshan Aluminum rising over 5% [1] - The Wanji Fund's Industrial Non-Ferrous ETF (560860) increased by 1.70%, with a trading volume exceeding 75 million yuan, and frequent premium trading observed [1] - The Industrial Non-Ferrous ETF (560860) saw a net inflow of over 280 million yuan on the previous trading day, with a circulating scale reaching 6.167 billion yuan and a circulating share of 4.365 billion shares, both hitting historical highs [1] Group 2 - Since November, copper prices have shown resilience, not significantly declining with macro fluctuations, and reached a historical high at the end of November due to factors such as the Chinese copper raw material negotiation group and expectations of interest rate cuts by the Federal Reserve [2] - Analysts predict a potential supply shortage for copper by 2026, driven by frequent disruptions in copper mine supply, expected easing of refined production capacity pressure, and ongoing interest rate cut trades, indicating the possibility of a super cycle for copper prices [2] - Wanji Fund highlights the rise of passive investment and index-based investment as important choices for asset allocation, with a focus on developing market-required tool-type products, including various ETFs covering broad-based, industry themes, Smart Beta, and bonds [2]

Core Viewpoint - The ETF market showed mixed performance on November 26, with notable gains in communication and artificial intelligence sectors while aerospace ETFs experienced declines [1] Group 1: ETF Performance - Communication ETF (515880) increased by 6.64% [1] - Communication Equipment ETF (159583) rose by 6.12% [1] - Growth in the ChiNext Artificial Intelligence ETF (Dacheng) (159242) was 6.06% [1] - Aerospace ETF (159208) decreased by 2.23% [1] - Aerospace ETF (159227) fell by 2.18% [1] - Tianhong Aerospace ETF (159241) dropped by 2.07% [1]

Group 1 - The fund "Wanjia Guozheng Hong Kong Stock Connect Technology ETF Initiation Fund" will be publicly offered from November 19 to November 26, 2025, through designated sales institutions [1] - Starting from November 19, 2025, Huabao Securities will be added as a sales agent for the fund, allowing investors to subscribe and manage other fund-related transactions through Huabao Securities [1] - Investors can consult details through Huabao Securities and Wanjia Fund Management Company via their respective customer service numbers and websites [1] Group 2 - Wanjia Fund Management Company has announced the addition of Guoxin Securities as a liquidity service provider for several ETFs, effective November 19, 2025, to enhance market liquidity and stability [2] - The ETFs affected include the "Wanjia Zhongzheng Semiconductor Materials and Equipment Theme ETF," "Wanjia Guozheng 2000 ETF," "Wanjia Guozheng Aerospace Industry ETF," and "Wanjia Zhongzheng Artificial Intelligence Theme ETF" [2] Group 3 - Wanjia Fund Management Company has disclosed that the "Wanjia Tiantianbao Money Market Fund" participated in the issuance of a short-term financing bond by Guotai Haitong Securities, with a face value of 100.00 yuan per bond and an interest rate of 1.67% [4] - The bond issuance is associated with the fund's custodian, Shanghai Pudong Development Bank, and follows the necessary approval procedures [4]

Market Overview - The three major indices experienced fluctuations and declines, with the Shanghai Composite Index down by 0.22%, the Shenzhen Component Index down by 0.44%, and the ChiNext Index down by 0.15% [1][3] - The defense and military industry ETFs outperformed the market, with the military ETF from E Fund (512560.SH) rising by 1.47%, the national defense ETF (512670.SH) increasing by 1.46%, and the aerospace ETF (159208.SZ) gaining 1.44% [1][10] ETF Performance - The passive index funds have become the main contributors to the dividend distribution, with significant payouts from major ETFs. For instance, the Huaxia CSI 300 ETF distributed 2.87 billion yuan, while the E Fund CSI 300 ETF had two distributions totaling 2.76 billion yuan and 1.473 billion yuan [2] - The overall performance of ETFs showed that bond ETFs had the best average return of 0.13%, while commodity ETFs had the worst average return of -3.05% [8] - The top-performing ETFs today included the military ETF from E Fund (512560.SH), the national defense ETF (512670.SH), and the aerospace ETF (159208.SZ), with returns of 1.47%, 1.46%, and 1.44% respectively [10] Sector Performance - In terms of sector performance, the defense and military sector ranked high with a daily increase of 1.07%, while the non-ferrous metals sector saw a decline of 2.72% [6] - Over the past five trading days, the communication and electronics sectors showed strong performance with increases of 6.43% and 6.06% respectively, while the real estate and food and beverage sectors lagged behind with declines of -1.6% and -1.26% [6]

Group 1: ETF Performance - The leading ETF in terms of growth is the Energy Storage Battery ETF Guangfa (159305), which increased by 4.55% [1] - Other notable ETFs that saw significant gains include the Energy Storage Battery ETF (159566) and the Battery ETF (561910), both rising over 4% [1] - The Aerospace and Aviation sector experienced a notable decline, with the Aerospace ETF (159208) dropping by 7.58% [4] Group 2: Policy and Market Trends - The central government has initiated measures to address "involution" competition, with policies aimed at promoting a unified national market and reducing excessive competition in various sectors [2] - Solid-state batteries are identified as a key development direction due to their advantages in safety and energy density, with significant market potential in consumer batteries and electric vehicles [2] Group 3: Trading Activity - The Short-term Bond ETF (511360) recorded the highest trading volume, reaching 37 billion yuan [5] - The 5-Year Local Government Bond ETF (511060) had the highest turnover rate at 225% [6] Group 4: Upcoming ETF Launches - The upcoming launch of the ChiNext Artificial Intelligence ETF (159279) will track the performance of 50 leading companies in the AI sector, focusing on a balanced layout of hardware, software, and applications [7] - The Science and Technology Semiconductor ETF (589020) targets the semiconductor materials and equipment sector, appealing to investors interested in the domestic substitution trend in semiconductors [8]

Group 1 - The ETF market showed mixed performance on the 3rd, with the energy storage battery ETF (159566) leading gains at 2.99% and the aerospace ETF (159208) experiencing the largest decline at 5.92% [2] - The total trading volume of ETFs reached 260.836 billion yuan, with stock ETFs accounting for 112.819 billion yuan, bond ETFs for 93.707 billion yuan, money market ETFs for 17.852 billion yuan, commodity ETFs for 4.369 billion yuan, and QDII ETFs for 32.090 billion yuan [2] - The highest trading volumes among non-money market ETFs were recorded for the GF CSI Hong Kong Innovative Medicine QDII ETF (513120) at 7.298 billion yuan, E Fund CSI Hong Kong Securities Investment Theme ETF (513090) at 6.854 billion yuan, and E Fund ChiNext ETF (159915) at 4.644 billion yuan [2]

Group 1 - The ETF market showed mixed performance on September 3, with the energy storage battery ETFs experiencing gains while aerospace ETFs faced declines [1] - The energy storage battery ETF (159566) increased by 2.99%, and the S&P Biotechnology ETF (159502) rose by 2.84% [1] - The energy storage battery ETF from GF (159305) saw a rise of 2.50%, indicating strong interest in this sector [1] Group 2 - Aerospace ETFs had a negative performance, with the aerospace ETF (159208) dropping by 5.92%, and Tianhong's aerospace ETF (159241) declining by 5.36% [1] - The aerospace ETF (159267) also fell by 5.21%, reflecting a broader trend of weakness in the aerospace sector [1]