证券之星消息，截止2025年二季度末，基金经理陈奇旗下共管理2只基金，本季度表现最佳的为华富时代锐选混合A（016119），季度净值涨 1.84%。 | 在任基金 | 规模(亿元) | | 年化回报 | 2025年二季度涨幅 | 第一重合股 | 占浄値比 | | --- | --- | --- | --- | --- | --- | --- | | 华富时代锐选混合A | | 0.59 | -4.91% | 1.84% | 锦江在线 | 4.50% | | 016119 | | | | | 600650.SH | | | 华富时代锐选混合C | | 0.10 | -5.29% | 1.74% | 锦江在线 | 4.50% | | 016120 | | | | | 600650.SH | | 陈奇在担任华富物联世界灵活配置混合A（001709）基金经理的任职期间累计任职回报75.1%，平均年化收益率为10.27%。期间重仓股调仓次数共 有92次，其中盈利次数为49次，胜率为53.26%；翻倍级别收益有1次，翻倍率为1.09%。 以下为陈奇所任职基金的部分重仓股调仓案例： | 股票名称 | 调入季度 | 调出季度 ...

截至2025年7月11日 10:26，中证A50指数(930050)上涨0.80%，成分股药明康德(603259)上涨9.99%，北 方稀土(600111)上涨9.92%，中国平安(601318)上涨2.47%，中信证券(600030)上涨2.05%，中国铝业 (601600)上涨1.82%。中证A50指数ETF(159593)上涨1.19%，最新价报1.19元。拉长时间看，截至2025年 7月10日，中证A50指数ETF近1周累计上涨0.95%。 流动性方面，中证A50指数ETF盘中换手2.13%，成交1.42亿元。拉长时间看，截至7月10日，中证A50 指数ETF近1年日均成交2.90亿元，居可比基金第一。 截至7月10日，中证A50指数ETF近1年净值上涨19.97%。从收益能力看，截至2025年7月10日，中证A50 指数ETF自成立以来，最高单月回报为22.07%，最长连涨月数为2个月，最长连涨涨幅为3.54%，涨跌月 数比为8/7，上涨月份平均收益率为4.15%，历史持有1年盈利概率为100.00%。截至2025年7月10日，中 证A50指数ETF近3个月超越基准年化收益为6.55%。 截至202 ...

IPO Dynamics - Luxshare Precision (002475.SZ) is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and financing capabilities. The details are yet to be confirmed, and the issuance will not change the control of the company [2] Corporate Governance - New Hope announced that independent director Peng Long is under disciplinary review and investigation for serious violations. This will not significantly impact the company's operations [3] - Digital China (000034.SZ) also reported that independent director Peng Long is under similar scrutiny, with no impact on daily management [10] Financing Activities - CITIC Securities (601066.SH) received approval from the China Securities Regulatory Commission to publicly issue perpetual subordinated bonds totaling up to 20 billion yuan. The approval is valid for 24 months [5] Mergers and Acquisitions - Hainan Highway (000886.SZ) plans to acquire a 51.0019% stake in Jiaokong Petrochemical, which will make it a subsidiary and is expected to constitute a major asset restructuring [7] Legal Matters - Tianci Materials (002709.SZ) has filed a lawsuit for trade secret infringement against several companies, claiming economic losses of 887 million yuan and legal fees of 1.15 million yuan [11] Corporate Announcements - Xue Ren Group (002639.SZ) has changed its stock name from "Xue Ren Shares" to "Xue Ren Group" to align with its group development strategy [13] - Guotian Group (002482.SZ) announced the resignation of Chairman Yu Qi due to work adjustments, which will not affect the company's operations [14] - Jiangnan Water (601199.SH) reported that shareholder Lianan Life increased its stake by 4.699 million shares, representing a 5.03% increase, without changing the major shareholder structure [15]

Market Overview - The Shanghai Composite Index rose by 0.39% on July 1, with 20 out of 28 sectors experiencing gains. The top-performing sectors were Comprehensive and Pharmaceutical & Biological, with increases of 2.60% and 1.80% respectively. Conversely, the Computer and Retail sectors saw declines of 1.18% and 0.79% [1]. Electric Equipment Industry - The Electric Equipment sector declined by 0.37%, with a net outflow of 5.163 billion yuan in main capital. Out of 358 stocks in this sector, 141 rose, 3 hit the daily limit up, while 210 fell, with 1 hitting the daily limit down [1]. - Among the stocks with net inflows, 112 saw capital inflows, with 11 stocks receiving over 50 million yuan. The top stock for net inflow was C Xintong, with 399 million yuan, followed by Weilan Lithium and Micro Light, with inflows of 218 million yuan and 132 million yuan respectively [1]. - The stocks with the highest net outflows included Rongfa Nuclear Power, Weike Technology, and Nord Shares, with outflows of 347 million yuan, 324 million yuan, and 323 million yuan respectively [1][2]. Capital Flow Rankings Inflow Rankings - C Xintong: +286.36%, turnover rate 82.61%, main capital flow 398.73 million yuan - Weilan Lithium: +5.30%, turnover rate 10.44%, main capital flow 217.95 million yuan - Micro Light: +10.01%, turnover rate 7.41%, main capital flow 131.92 million yuan [1]. Outflow Rankings - Rongfa Nuclear Power: +1.71%, turnover rate 33.83%, main capital flow -346.51 million yuan - Weike Technology: +3.55%, turnover rate 37.48%, main capital flow -324.04 million yuan - Nord Shares: -10.01%, turnover rate 23.39%, main capital flow -323.30 million yuan [2].

（原标题：数据复盘丨国防军工、传媒等行业走强 龙虎榜机构抢筹18股） 6月30日，上证指数早盘探底回升，午后震荡上扬；深证成指、创业板指早盘高开高走，午后一度回落，随后再度上扬；科创50指数早盘高开高 走，午后震荡走强。截至收盘，上证指数报3444.43点，涨0.59%，成交额5671.37亿元；深证成指报10465.12点，涨0.83%，成交额9197.47亿元； 创业板指报2153.01点，涨1.35%，成交额4621.57亿元；科创50指数报1003.41点，涨1.54%，成交额295.55亿元。沪深两市合计成交14868.84亿元， 成交额较上一交易日减少542.33亿元。 今日有2962只个股被主力资金净卖出，其中，56股被主力资金净卖出超1亿元。主力资金净流出最多的个股是恒宝股份，净流出金额为7.74亿元； 主力资金净流出居前的个股还有东方财富、比亚迪、深圳华强、金一文化、大东南等，净流出金额分别为5.62亿元、5.36亿元、4.02亿元、3.32亿 元、3.26亿元。 国防军工、传媒等行业走强 弘业期货、大东南均5连板 盘面上来看，行业板块、概念涨多跌少。其中，国防军工、传媒、通信、电子、纺织服 ...

平安基金在权益投资领域的品牌认知度更多集中于主动权益产品，ETF业务的市场声量较低，渠道推广 力度不足。公司旗下多只权益ETF产品更是陷入成立即份额缩水的"怪圈"，钱晶此次卸任的平安中证 2000增强策略ETF、平安中证港股通医药卫生综合联接A以及平安国证2000ETF亦在此列。 2025年6月26日，平安基金管理有限公司（以下简称"平安基金"）密集发布12则基金经理变更公告。 ETF指数投资部负责人钱晶同日卸任旗下3只产品的基金管理职务，涉及平安中证2000增强策略ETF、 平安中证港股通医药卫生综合联接A以及平安国证2000ETF。"新生代"白圭尧担任平安中债-0-3年国开 行ETF、平安中证医药及医疗器械创新ETF等9只产品的基金经理，横跨股票、债券、跨境资产等多个 领域的ETF产品。 公开资料显示，钱晶是美国纽约大学理工学院硕士，拥有14年的证券从业经验和超过9年的基金管理经 验。其曾先后担任国信证券量化分析师、华安基金基金经理。2017年10月加入平安基金，曾任资产配置 事业部ETF指数部投资经理，现担任ETF指数中心投资副总监、基金经理。此次公告前，钱晶在管ETF 产品共11只，管理规模超过120 ...

Group 1 - The ETF market opened with mixed performance, with the Smart Car ETF (159888) leading the gains at 1.99% [1] - The Sci-Tech Semiconductor ETF (588170) increased by 1.89%, while the Hong Kong Securities ETF (513090) rose by 1.74% [1] - The Securities ETF Pioneer (516980) was the biggest loser, declining by 1.23%, followed by the Gold Stock ETF (517520) which fell by 1.02%, and the China Securities A50 ETF (560820) which decreased by 0.86% [1]

证券研究报告 | 2025年06月26日 金融工程日报 A 股震荡走低，军工、稳定币题材逆势走强 市场表现：今日(20250626) 市场全线下跌，规模指数中中证 2000 指数表现 较好，板块指数中上证综指表现较好，风格指数中沪深 300 价值指数表现较 好。综合金融、银行、通信、国防军工、消费者服务行业表现较好，汽车、 非银、医药、电新、电子行业表现较差。锂电隔膜、密码学、稳定币、数字 货币、网络安全等概念表现较好，近端次新股、自行车、共享汽车、CRO、 单克隆抗体等概念表现较差。 市场情绪：今日收盘时有 72 只股票涨停，有 7 只股票跌停。昨日涨停股票 今日收盘收益为 2.85%，昨日跌停股票今日收盘收益为 0.22%。今日封板率 69%，较前日下降 4%，连板率 30%，较前日下降 3%。 市场资金流向：截至 20250625 两融余额为 18292 亿元，其中融资余额 18172 亿元，融券余额 120 亿元。两融余额占流通市值比重为 2.2%，两融交易占市 场成交额比重为 9.8%。 折溢价：20250625 当日 ETF 溢价较多的是中证 800ETF，ETF 折价较多的是中 证 A50ETF ...

Economic Overview - In the first half of 2025, China's economy is showing resilience and a positive trend due to coordinated policies aimed at stabilizing the market, expanding domestic demand, and promoting openness [1] - The external geopolitical risks and internal profit differentiation are critical for breaking through in the latter half of the year [1] Investment Opportunities - The rapid development of artificial intelligence (AI) technology is expected to lead a new wave of technological revolution, providing significant growth potential for the tech industry [3] - The Chinese innovative pharmaceutical industry is entering a "golden year," with opportunities for commercialization in domestic medical insurance, overseas licensing of domestic innovative drugs, and capitalizing on industry cycles and valuation opportunities [4] - The humanoid robot industry is anticipated to become a golden investment track, with China playing a crucial role in global production and technological advancements [5][6] - New consumption trends are emerging, focusing on spiritual consumption, cost-effective products, and brands going overseas, with specific attention on sectors like trendy toys and domestic cosmetics [7] Sector Insights - The semiconductor, innovative pharmaceuticals, and military industries are highlighted as sectors with long-term investment potential, particularly in the context of China's economic transformation [8] - The automotive industry is shifting towards smart technology, with a focus on intelligent vehicles as a core competitive advantage [12] Market Strategies - Investment strategies should focus on low-valuation consumer stocks and cyclical sectors, particularly those maintaining stable profits during economic downturns [9] - AI-related investments are recommended, especially in AI infrastructure and applications, as the market is expected to see significant growth in the coming years [10][11][17] Fund Performance - The Ping An Company Bond ETF has shown strong credit quality and liquidity, becoming a leading choice for various investor groups [16] - The Ping An AI ETF is positioned well for investment, with the AI sector being a key driver of the new technological revolution [17] - The China A50 Index is recognized for its focus on industry leaders and balanced sector structure, making it a valuable tool for enhancing investment in core Chinese assets [18]

"新"向未来——平安基金2025年中期投资策略会于6月25日-26日举行，多位行业专家对当前经济形势、 热门行业发展前景、资产配置等话题展开探讨。平安中证A50ETF基金经理钱晶在演讲中介绍了中证 A50指数ETF及指数增强策略方案，为投资者提供了把握A股核心资产投资机会的新视角。 投资者可根据自身对银行板块的观点，选择直接持有中证A50 ETF或构建"A50+红利低波"组合，以较低 成本、较高效率地实现沪深300指数的增强目标，把握中国核心资产的长期增长红利。 钱晶称，平安基金持续深耕ETF领域，旗下共有28只ETF产品，涵盖宽基指数、行业主题指数、策略指 数、债券指数等。宽基方面，实现市值大中小全面覆盖；行业主题方面，上游周期、中游制造、下游消 费、TMT、医药等基本全面覆盖；债券ETF有公司债 ETF、国开ETF和活跃国债ETF三剑客，满足债市 不同场景需求。 这些成分股均为各细分行业龙头，其营业收入、归母净利润分别占全市场的17.72%、16.13%，充分体 现了A股市场的头部集中效应，堪称中国A股核心资产的代表。过去10年，中证 A50 指数的营收增速始 终高于沪深300及中证A500。此外，中证A ...