Last week's market review
1) in terms of the stock market, the A-share market rebounded this week. The small and medium-sized market capitalization sector rose strongly, with the Shenzhen Composite Index, small and medium-sized Board Index and gem Index rising 3.91%, 4.27% and 2.88% respectively. In the bond and commodity markets, the price of the main contract for 10-year government bonds fell 0.34%, the CSI credit bond index rose slightly by 0.04%, and the South China Commodity Index rose 0.77% this week.
2) in the past week, except for the decline in the net value of commodity funds, the net worth of other types of funds have ushered in different ranges of rise. Among them, the net value of stock (actively managed) and stock index funds rose 3.34% and 2.82% respectively.
ETF fund situation
The main results are as follows: 1) excluding the targets which have not been completed due to the late establishment time, the total market share of the other 151ETF is 89.775 billion, which is 231 million less than that of the previous week. In terms of transactions, the average daily turnover of all ETF was 2.015 billion, with an average daily turnover of 33.774 billion yuan.
2) in terms of specific individual coupons, the increases in the consumer industry, small and medium-sized boards and deep 100ETF3 sub-standards have all exceeded 4%. In terms of share change, the market share of 50ETF increased by 101 million, while that of 300ETF and Shanghai state-owned enterprises outflowed more.
3) for QDII / commodity ETF, China Interconnection has increased by 5.35%, the Nasdaq ETF has increased slightly by 0.28%, and the prices of other underlying products have fallen. In addition, the prices of all four gold ETF rose.
LOF fund situation
1) excluding the targets that have not yet been completed due to the late establishment, the total market share of the remaining 209 LOF is 14.823 billion, an increase of 189 million over the previous week. In addition, the total market capitalization of the venue has also increased by 353 million yuan. In terms of transactions, the average daily turnover of all LOF was 226 million, with an average daily turnover of 179 million yuan.
2) in terms of specific individual coupons, the prices of Hong Kong small and medium-sized enterprises, investment promotion growth, Southern Tianyuan and Cathay Pacific have increased by more than 5%, while the prices of commodity LOF such as Warburg Oil and Gas, crude Oil LOF and Southern crude Oil have fallen for two consecutive weeks. In terms of share change, the market share of Huabao Oil and Gas increased by 135 million shares, dividend funds and China Interconnection increased by 35 million and 30 million respectively, while the reform of state-owned enterprises decreased by 18 million.
Graded fund situation
1) in terms of classified Class B shares, all targets rose except for H shares B which fell by 0.62%. Among them, the prices of low net worth and high leverage targets such as military industrial stocks B, growth B, and Internet Finance B soared by more than 10%, ranking at the top. In terms of classified Class A share, state-owned enterprises changed to A (50), Shenzhen Composite Index A, Health An and other targets led the increase, while HS300A fell by more than 2%, ranking at the bottom. In addition, as of June 9, the average implied rate of return for all perpetual graded Class A shares was 4.80%. Among the varieties with active transactions, AVIC A, Shenzhen Index An and Internet Finance A have an implied rate of return of more than 5.8%, ranking at the top of the level.
2) in terms of irregular translation, as of June 9, the net share of seven parent funds, such as convertible bond B, convertible bond B, and military industrial stock B, is less than 10% away from the downward discount.
Fund issuance and listing
1) on May 24th, Yi Fang Da CSI ETF (512570) began to raise funds, and the fund was tracked in the CSI Securities Index (399975.SZ).
2) on May 26th, AXA 166402 was listed for trading, and its floor securities were referred to as Shanghai, Hong Kong and Shenzhen F. The fund is a LOF fund and the tracking index is the CSI Shanghai, Hong Kong and Shenzhen fundamentals 100 Index (930723.CSI).
