日前，国内两大稀土巨头官宣提价。北方稀土 与 包钢股份 昨晚宣布，拟将2025年第三季度稀土精矿关联交易价格调整为不含税19109元/吨，较二季度的 18825元/吨上涨1.5%。这也是自2024年二季度以来连续第四次上调，累计涨幅已达13.8%。 金融科技涨幅居前，国元证券认为，资本市场对稳定币生态持续关注，相关的上市公司通过投资者关系活动记录表等方式披露相关业务的进展。从产业逻辑 来看，稳定币生态的发展离不开计算机软件行业的支持，通过落地相关的软硬件系统，给相关的上市公司带来业务增量。 2025年7月11日，Wind数据显示，沪指今日冲高回落，盘中涨幅一度达到1.3%，收盘涨0.01%；深证成指涨0.61%；创业板指涨0.80%。沪深两市成交额超过 1.7万亿，较昨日放量超2000亿。 涨幅方面，稀土、金融科技板块表现居前 | | | ETF涨幅 TOP10 | | | | --- | --- | --- | --- | --- | | 证券代码 | 证券名称 | 涨幅 | 基金管理人 | 投资类 | | 159715 | 稀土ETF易方达 | 6.31% | 易方达基金 | 被动指数型 | | 5161 ...

香港证券ETF(513090)成交额超210亿元，当前涨幅为5.41%，溢价率为1.23%，成交额210.21亿元，较昨 日此时放量213.09%，近1月份额增加7.45亿份，该基金支持T+0交易。 无需额外开户，A股账户直接T+0买全球>>> ...

那么，在上证综指站上3500点后，后续市场行情会怎么走？能否进一步"走牛"？ 华北某公募基金经理表示，近期市场强度不断超预期的原因在于宏观总量平稳背景下，市场资金对产业结构转型的信心偏强，交易资金持续活跃。在产业 端，观察到反内卷、AI、创新药等政策或行业有积极变化。整体来看，关键点位的真实有效突破需要看到市场有明显扩散的赚钱效应。 杨德龙则提到，最近市场行情在逐步走强，市场信心得到提振，大盘一度突破3500点整数关口，创年内新高，进一步确立了大盘上行走势，后市可能有更多 机会。上证指数是市场最关注的指数，其表现往往影响投资者信心。有观点称4000点可能是A股牛市起点，从估值来看，4000点对应的估值属历史平均估 值。以沪深300指数为例，当前市场平均市盈率约为12倍，而历史平均市盈率为15—18倍。沪深300指数的估值水平如能回升至历史平均估值，上证指数就能 回到4000点之上。因此，市场在3500点确立上涨走势后，行情可能进一步"走牛"，下半年行情启动有望带来更多赚钱效应。 在大盘走高的同时，场内基金也表现强劲。数据显示，7月10日收盘，有超六成ETF收涨。其中，易方达香港证券ETF领涨，涨幅3.87%， ...

ETF收盘涨跌不一，香港证券ETF(513090)领涨3.87%，稀土ETF(159713)涨3.81%，房地产ETF基金 (515060)涨3.64%，标普油气ETF(513350)领跌1.03%，标普油气ETF(159518)跌0.97%，机器人ETF易方 达(159530)跌0.8%。 ...

港股稳定币概念股走势持续攀升。7月8日，以国泰君安国际为代表的港股稳定币概念股持续上涨，截至下午收盘涨25%。同一时间，多只中资券商股也纷纷 收涨。据悉，香港《稳定币条例》将于8月1日生效，届时香港金融管理局将开始接受牌照申请。当前，国泰君安国际已成为首家可提供全方位虚拟资产相关 交易服务的香港中资券商。另据公开信息，国金证券(香港)有限公司也正在筹备申请虚拟资产交易牌照。在业内人士看来，券商申请虚拟资产交易牌照，可 以在数字经济发展的大背景下，提升稳定币等虚拟资产的估值、定价、交易，从而带来业务和规模的增加。 国泰君安国际持续上涨 正如王红英所说，当前已有券商等机构正在筹备相关牌照申请。就在7月7日，国金证券在上交所互动平台回复投资者提问表示，公司旗下的国金证券(香港) 有限公司正在筹备申请虚拟资产相关交易牌照，并与国际及中国香港地区具有丰富经验的相关机构就该事项进行了多次接触，后续将积极推进具体申请事 宜。上述虚拟资产相关交易牌照申请尚需香港证监会批准。 回顾6月24日，国泰海通集团旗下国泰君安国际正式获得香港证监会批准，成功将其现有证券交易牌照升级为可提供虚拟资产交易服务，以及在提供虚拟资 产交易服务的 ...

2025年7月8日，非货币类ETF合计成交2608.16亿元，其中有53只ETF成交额破10亿元。 截至今日收盘，信用债ETF基金、香港证券ETF、短融ETF成交额居市场前列，分别达177.27亿、157.56亿、145.63亿。行业主题类ETF共计2只，分别是香港 证券ETF、港股创新药ETF。 截至今日收盘，基准国债ETF、香港证券ETF、恒生创新药ETF换手率居市场前列，分别达415.24%、151.82%、96.86%。宽基类ETF仅1只：标普500ETF。 行业主题类ETF共计3只，分别是香港证券ETF、恒生创新药ETF、港股创新药ETF基金。 值得注意的是，信用债ETF基金、香港证券ETF、信用债ETF博时同时在两个榜单中出现。 信用债ETF基金(511200.SH)最新份额规模达2.20亿。该产品紧密跟踪沪做市公司债指数，上证基准做市债券指数系列从上海证券交易所上市的债券中，分别 选取符合上交所基准做市品种规则的债券作为指数样本，以反映上海证券交易所流动性较好债券的整体表现。 该ETF全天成交额较前一交易日增长99.49%，明显放量。该ETF当日换手率较前交易日增长96.13%。该ETF今日下跌 ...

涨幅方面，电力相关ETF领涨 具体来看，光伏50ETF(159864)、光伏ETF易方达(562970)、光伏龙头ETF(159609)、光伏ETF(159857)、光伏龙头ETF(516290)、光伏50ETF(516880)、光伏 ETF基金(159863)、光伏ETF(515790)、光伏ETF基金(516180)、光伏ETF指数基金(159618)涨超5%。 2025年7月8日，Wind数据显示，A股三大指数今日集体走强，沪指再度向3500点发起冲击。截止收盘，沪指涨0.7%，深证成指涨1.46%，创业板指涨 2.39%。沪深两市成交额超1.4万亿。 消息面上，近日，"反内卷"论调频出，6月29日，文章《在破除"内卷式"竞争中实现高质量发展》发布，点名光伏行业内卷现象；7月1日，中央财经委员会 第六次会议提出"要聚焦重点难点，依法依规治理企业低价无序竞争，引导企业提升产品品质，推动落后产能有序退出"；7月3日，工信部召集14家光伏行业 企业举行座谈会，部长强调，要坚决落实中央财经委第六次会议关于纵深推进全国统一大市场建设的决策部署，聚焦重点难点，依法依规、综合治理光伏行 业低价无序竞争，引导企业提升产 ...

港股市场正在成为资金竞逐的新方向。6月以来，超200亿元涌入港股主题ETF，多只港股主题ETF份额 创历史新高。从机构最新动向看，当前港股已成为公募重要投资阵地，ETF扎堆上市。多家公募看好港 股市场的长期配置价值，接下来将加大布局力度。 资金加仓港股ETF"三剑客" 近期，超百亿资金借助ETF加仓港股市场。Choice数据显示，截至7月3日，6月以来港股主题ETF净申购 额合计209.68亿元。其中，港股创新药、科技、红利等领域持续吸引资金流入。 从创新药主题ETF来看，汇添富港股通创新药ETF净申购额为44.4亿元，广发港股创新药ETF净申购额 为23.05亿元，银华港股创新药ETF净申购额为12.35亿元。 多只港股科技主题ETF的净申购额均超10亿元。具体来看，华夏恒生科技指数ETF净申购额为16.03亿 元，富国港股通互联网ETF净申购额为15.29亿元，华泰柏瑞南方东英恒生科技指数ETF净申购额为 13.84亿元。 红利主题ETF同样备受资金关注。其中，富国恒生红利ETF、易方达恒生红利低波ETF、华泰柏瑞港股 通红利ETF等净申购额均在6亿元以上。部分金融主题ETF也大幅"吸金"，广发港股通非银 ...

Trading Activity - The total trading volume of the Shanghai and Shenzhen Stock Connect today reached 159.12 billion, with Kweichow Moutai and CATL leading in trading volume for the Shanghai and Shenzhen markets respectively [1] - The top ten stocks by trading volume in the Shanghai Stock Connect included Kweichow Moutai (1st), Industrial Fulian (2nd), and China Merchants Bank (3rd) [2] - In the Shenzhen Stock Connect, CATL (1st), Dongfang Wealth (2nd), and BYD (3rd) were the top three stocks by trading volume [2] Sector Performance - The computer sector saw the highest net inflow of funds, amounting to 33.53 billion, with a net inflow rate of 2.03% [4] - Other sectors with significant net inflows included banking (9.45 billion, 2.60%) and public utilities (5.92 billion, 5.95%) [4] - Conversely, the non-ferrous metals sector experienced the largest net outflow of funds, totaling -54.15 billion, with a net outflow rate of -9.37% [5][6] ETF Trading - The top ETF by trading volume was the Hong Kong Securities ETF, with a transaction amount of 19.94 billion, reflecting a 121.23% increase from the previous trading day [9] - The SSE 50 ETF saw a remarkable increase in trading volume, with a 150% growth compared to the previous day, reaching 15.97 billion [10] Futures Market - In the futures market, both long and short positions in major index futures contracts saw significant increases, with the IC contract showing a greater increase in long positions compared to short positions [11] Institutional Activity - Institutional buying was notable in stocks like Shenzhou Cell, which saw a purchase of 378 million from four institutions, while Xicai Testing received over 60 million in institutional buying [12] - On the selling side, stocks like Jingbeifang and Yingfangwei faced significant institutional sell-offs, exceeding 60 million and 70 million respectively [13] Quantitative Trading - Quantitative trading activity showed a decline, with stocks like Meinuohua experiencing over 100 million in buying from two quantitative seats, while also facing significant selling from other quantitative seats [15]

Market Overview - A-shares experienced a mixed performance with the Shanghai Composite Index rising by 0.32% while the Shenzhen Component and ChiNext fell by 0.25% and 0.36% respectively, with total trading volume reaching 1.4286 trillion yuan, an increase of 118.8 billion yuan from the previous day [1] Sector Performance Leading Sectors - The gaming and banking ETFs led the market gains, with multiple gaming ETFs and various banking ETFs showing strong performance. In June 2025, 147 domestic game licenses and 11 imported licenses were issued, indicating a significant increase compared to the same period in 2024, which is expected to boost market confidence in the gaming industry [2] - The banking sector continued its upward trend in the first half of 2025, benefiting from market preferences and improved fundamentals. The sector's stable operating performance and asset quality, along with reasonable valuations and dividend policies, enhance the investment appeal of bank stocks [2] Underperforming Sectors - Rare metals and new energy sectors experienced a pullback, although many institutions remain optimistic about their future performance. The global shift towards clean energy and supportive policies are expected to drive demand for key raw materials like lithium, cobalt, nickel, and rare earths [3] - The supply constraints due to resource scarcity and geopolitical factors are likely to maintain a tight supply situation for rare metals, providing a basis for price increases. The combination of improved macroeconomic expectations and favorable industrial policies is creating a clearer investment window for these sectors [3] Trading Activity - The Hong Kong Securities ETF (513090) saw the highest trading volume, approaching 20 billion yuan, indicating strong investor interest. Other ETFs such as the Short-term Bond ETF (511360) and Yinhua Daily Profit ETF (511880) also recorded significant trading volumes [4] - The turnover rate for the Benchmark National Debt ETF (511100) was the highest at 218.41%, reflecting active trading interest. The Hong Kong Securities ETF is particularly attractive due to its focus on core financial assets in Hong Kong and the anticipated benefits from financial innovation policies [5] Upcoming ETF Issuance - A wave of new ETF issuances is expected next week, with 17 products set to begin fundraising, including 10 focused on innovative corporate bonds. Major fund managers participating include Fuguo Fund, Invesco Great Wall Fund, and others [6][8]