window.pageData = {"stock":{"_id":3000000001013,"name":"华夏希望债券型证券投资基金","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","stockCode":"001013","tickerId":1013,"shortName":"华夏希望债券C","exchange":"jj","inceptionDate":"2008-03-09T16:00:00.000Z","followedNum":0,"fundCollectionId":4000050030000,"currency":"CNY","status":"normal","masterFundFlag":null,"activeFundFlag":null,"classificationFlag":null,"closedEnd":null,"etfFundFlag":null,"feederFundFlag":null,"indexFundFlag":null,"lofFundFlag":null,"pensionTargetFlag":null,"pinyin":"hxxwzqxzqtzjj","fundCollection":{"exchange":"jjgs","stockType":"fund_collection","stockCode":"50030000","tickerId":50030000,"name":"华夏基金管理有限公司"},"managers":[{"name":"吴彬","stockType":"fund_manager","stockCode":"db20787019","exchange":"fm","tickerId":2302210520},{"name":"吴凡","stockType":"fund_manager","stockCode":"db20886674","exchange":"fm","tickerId":2306221010}],"hotMetrics":{"fss":{"stockId":3000000001013,"type":"fss","f_s_s_d":"2024-06-29T16:00:00.000Z","f_ins_h_s_r":0.2671,"f_ind_h_s_r":0.7329000000000001,"f_h_a":17112,"f_h_s_a":21036,"f_ind_h_s_r_c_1y":-0.07589999999999986,"f_ind_h_s_r_c_hy":-0.04259999999999986,"f_ins_h_s_r_c_1y":0.0759,"f_ins_h_s_r_c_hy":0.0426,"last_data_date":"2025-06-29T16:00:00.000Z"},"fpr":{"stockId":3000000001013,"type":"fpr","f_p_r_fys_ssc":7460,"f_p_r_fys_ssrp":0.631451937257005,"f_p_r_m1_ssc":7589,"f_p_r_m1_ssrp":0.8568792830785451,"f_p_r_m3_ssc":7517,"f_p_r_m3_ssrp":0.9163118680149015,"f_p_r_m6_ssc":7321,"f_p_r_m6_ssrp":0.6176229508196721,"f_p_r_y1_ssc":6842,"f_p_r_y1_ssrp":0.17541295132290602,"f_p_r_y2_ssc":5907,"f_p_r_y2_ssrp":0.1833728411784626,"f_p_r_y3_ssc":4908,"f_p_r_y3_ssrp":0.14000407581006724,"f_p_r_y5_ssc":3314,"f_p_r_y5_ssrp":0.700271657108361,"f_p_r_y10_ssc":703,"f_p_r_y10_ssrp":0.717948717948718,"f_cagr_p_r_fs_ssc":7274,"f_cagr_p_r_fs_ssrp":0.14051973051010588},"fp":{"stockId":3000000001013,"type":"fp","f_p_r_fys":0.009676638980727459,"f_p_r_m1":0,"f_p_r_m3":-0.0003991697269678518,"f_p_r_m6":0.010083898031623129,"f_p_r_y1":0.03943217665615162,"f_p_r_y3":0.13260289602656194,"f_p_r_y5":0.141932409173404,"f_p_r_y10":0.3447494040983292,"f_cagr_p_r_fs":0.04534563850818407,"f_p_r_d1":0.00016730801405384632,"f_p_r_y2":0.08060327752475827,"last_data_date":"2026-05-14T16:00:00.000Z"},"ff":{"stockId":3000000001013,"type":"ff","f_m_f":7680947,"f_m_f_r":0.007,"f_c_f":2194556,"f_c_f_r":0.002,"f_m_a_c_f":9875503,"f_m_a_c_f_r":0.009000000000000001,"f_m_c_f_d":"2024-06-29T16:00:00.000Z","f_c_fr":0.002,"f_fr_d":"2025-05-29T16:00:00.000Z","f_m_fr":0.007,"f_mac_fr":0.009000000000000001},"f_nlacan":{"stockId":3000000001013,"type":"f_nlacan","f_nv_d":"2026-05-14T16:00:00.000Z","f_nv":1.2521,"f_nv_cr":-0.0011965539246969747},"f_as":{"stockId":3000000001013,"type":"f_as","f_tas":863719404.525,"f_tas_d":"2026-03-30T16:00:00.000Z"}},"masterSlaveFunds":[{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj"}],"shareholdings":[{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":600132,"holdings":377000,"marketCap":21368360,"netValueRatio":0.0049,"quarterlyChange":0.08499234303216041,"stock":{"stockCode":"600132","exchange":"sh","stockType":"company","tickerId":600132,"name":"重庆啤酒"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":600016,"holdings":5600000,"marketCap":21224000,"netValueRatio":0.0048,"quarterlyChange":-0.01044386422976451,"stock":{"stockCode":"600016","exchange":"sh","stockType":"company","tickerId":600016,"name":"民生银行"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":100,"holdings":4099940,"marketCap":17506743,"netValueRatio":0.004,"quarterlyChange":-0.059471365638766094,"stock":{"stockCode":"000100","exchange":"sz","stockType":"company","tickerId":100,"name":"TCL科技"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":600566,"holdings":600000,"marketCap":15792000,"netValueRatio":0.0036,"quarterlyChange":0.0007604562737639764,"stock":{"stockCode":"600566","exchange":"sh","stockType":"company","tickerId":600566,"name":"济川药业"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":603529,"holdings":400000,"marketCap":12940000,"netValueRatio":0.003,"quarterlyChange":0.08922558922558976,"stock":{"stockCode":"603529","tickerId":603529,"exchange":"sh","stockType":"company","name":"爱玛科技"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":589,"holdings":2550054,"marketCap":11934252,"netValueRatio":0.0027,"quarterlyChange":-0.09652509652509667,"stock":{"stockCode":"000589","exchange":"sz","stockType":"company","tickerId":589,"name":"贵州轮胎"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":603187,"holdings":800000,"marketCap":11248000,"netValueRatio":0.0026,"quarterlyChange":-0.0874454014419277,"stock":{"stockCode":"603187","exchange":"sh","stockType":"company","tickerId":603187,"name":"海容冷链"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":688680,"holdings":235042,"marketCap":10952957,"netValueRatio":0.0025,"quarterlyChange":0.21830065359477047,"stock":{"stockCode":"688680","tickerId":688680,"exchange":"sh","stockType":"company","name":"海优新材"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":2352,"holdings":280000,"marketCap":10651200,"netValueRatio":0.0024,"quarterlyChange":-0.007306889352818424,"stock":{"stockCode":"002352","exchange":"sz","stockType":"company","tickerId":2352,"name":"顺丰控股"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockId":603816,"holdings":312500,"marketCap":10437500,"netValueRatio":0.0024,"quarterlyChange":0.08653220559531527,"stock":{"stockCode":"603816","exchange":"sh","stockType":"company","tickerId":603816,"name":"顾家家居"}}],"bondHoldings":[{"_id":"69e8f8bd1398d79843fff805","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockCode":"242480004","stockName":"24华夏银行永续债01","holdings":2000000,"marketCap":207390367,"netValueRatio":0.0474,"lastUpdated":"2026-04-22T16:35:09.845Z"},{"_id":"69e8f8bd1398d79843fff806","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockCode":"250220","stockName":"25国开20","holdings":1900000,"marketCap":190561723,"netValueRatio":0.0435,"lastUpdated":"2026-04-22T16:35:09.849Z"},{"_id":"69e8f8bd1398d79843fff807","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockCode":"242480002","stockName":"24兴业银行永续债01","holdings":1400000,"marketCap":145350124,"netValueRatio":0.0332,"lastUpdated":"2026-04-22T16:35:09.852Z"},{"_id":"69e8f8bd1398d79843fff808","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockCode":"102480413","stockName":"24兖矿能源MTN001(科创票据)","holdings":1400000,"marketCap":141991221,"netValueRatio":0.0324,"lastUpdated":"2026-04-22T16:35:09.855Z"},{"_id":"69e8f8bd1398d79843fff809","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000001011,"stockCode":"160210","stockName":"16国开10","holdings":1000000,"marketCap":103165150,"netValueRatio":0.0236,"lastUpdated":"2026-04-22T16:35:09.859Z"}]},"list":[{"_id":"69e8ea2c1398d79843fe8457","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","stockId":3000000001011,"sao":"开年以来宏观基本面保持平稳，财政靠前发力支撑中长期融资需求，一定程度上对冲了居民部门的信用收缩，使得市场交易主线暂时不在基本面。年初以来市场主要在交易宽松的资金面和信用利差压缩。得益于央行有意识地压降银行负债成本和强劲的结汇资金补充流动性，开年以来资金利率一直保持在低位，且波动率持续收敛，shibor3M、shibor1年持续走低，曲线牛陡。同时，因存款分流搬家至理财、基金等非银机构，信用利差持续压缩。一季度，本基金保持中性偏低的杠杆和偏高久期。","lastUpdated":"2026-04-22T15:33:00.191Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2026年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1479977","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df647","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-01-21T16:00:00.000Z","stockId":3000000001011,"sao":"四季度，宏观经济表现稳中略弱，结构分化，传统投资部门延续疲弱表现、信用扩张乏力，新兴产业热度保持、欣欣向荣。地产成交继续以价换量，情绪不高；消费增速有所走弱，需求一般。政府消费和投资端在发债高峰过去后有所下行。债券市场表现依然不佳，央行买债重启但维持微量，人民币汇率偏强、风险情绪维持高位。三个季度的偏弱债市表现，使得债基投资收益太低，持有人出于业务调整的压力，持续收缩不经济的业务，主动纯债和场外指数债基均有持续的赎回压力，直到年底。整体来看，市场维持弱势，期限利差和品种利差明显走阔。报告期内，本基金保持了适当的杠杆和久期水平，根据当前的市场情况调整基金状态略偏防御。","lastUpdated":"2026-03-09T12:53:46.650Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1454568","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df646","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000001011,"sao":"三季度，宏观经济整体保持平稳，但部分内需指标相对于上半年略有降温。房地产市场情绪较为一般，二手房成交价格趋弱；消费增速相对于过去三个季度有所下行；但政府消费和投资端随着政府债的快速发行保持平稳，地方政府化债有序进行。债券市场，稳中略趋弱的基本面表现没有成为市场的主要驱动力，对市场影响更大的体现为两点：一个是反内卷和科技强国提振下的风险偏好显著提升，资本市场表现如火如荼，对债市情绪和资金端两方面构成利空；另一方面，基金降费三步走的最后一步，赎回费新规对债券基金业态可能构成的冲击影响了市场信心，表外转表内的担忧导致市场情绪持续偏弱。整体来看，三季度市场表现较为弱势，各品种的利差走阔明显。报告期内，本基金保持了适当的杠杆和久期水平，根据当前的市场情况，调整基金状态略偏防御。","lastUpdated":"2026-03-09T12:53:46.641Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2025年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1379103","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df645","date":"2025-06-29T16:00:00.000Z","stockId":3000000001011,"sao":"上半年，宏观经济基本面表现整体稳健，924后的宏观政策发力带来了持续三个季度的经济动能环比改善。具体来说，地方政府债务置换的进一步铺开有力缓解了金融体系较大的债务和资产负债表压力，投资链条去年的快速下滑转为平稳；消费补贴政策的持续发力带来商品消费增速的显著上行；叠加贸易冲突下抢出口的超预期表现，上半年经济增速高于全年目标，也显著高于去年下半年。在此背景下，尽管有贸易冲突的阶段性事件冲击，风险情绪还是得到了明显提振，股票、汇率、商品表现均不弱，债券市场走出震荡走势。信用债在有利的供需格局下表现略强，期限利差和等级利差压缩；利率债表现一般，收益率曲线平坦化，中短端整体上行，长端先上后下，整体震荡。报告期内，本基金保持了适当的杠杆和久期水平，根据阶段性的市场情况进行了一定的波段操作。","declarationDate":"2025-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.634Z","mo":"上半年较高的增速也为全年完成经济目标奠定了较好的基础，下半年出台刺激政策的必要性大为降低，政策重心阶段性从稳增长向调结构反内卷防风险等其他问题切换的概率更高。经济动能边际趋弱概率上升，债市面临的基本面环境略有改善，但预计驱动力仍较为有限，债市难以显著走出趋势行情，震荡概率更高。预计下半年组合仍将保持较为稳健的久期和杠杆水平，在收益率明显上行中择机提高组合进攻性。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1347608","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df644","date":"2025-03-30T16:00:00.000Z","stockId":3000000001011,"sao":"一季度，宏观经济整体保持稳定，926后市场信心有所改善，预期相对稳定，经济动能环比4季度稳中略强。债券市场走势主要由债务置换集中进行带来的“伪资产荒”和央行防风险所驱动。具体来看，从2024年12月开始的债务集中置换，带来了机构整体营收和利润的压力，扩表增收驱动了债券收益率从12月到春节前的显著平坦化下行；春节以后，央行阶段性提高了防风险的关注度，资金利率显著抬升，同业存单利率上行并超过政策利率，债市曲线极度平坦化，最终导致曲线平坦化上行，一季度整体债市表现不佳。报告期内，本基金适当降低了杠杆和久期水平，根据阶段性的市场情况，进行了一定的波段操作。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.626Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2025年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1271557","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df643","date":"2024-12-30T16:00:00.000Z","stockId":3000000001011,"sao":"2024年国内外宏观经济主线延续了2023年的逻辑，并再度成为大类资产定价的主导驱动因素。从国际层面来看，美国经济软着陆甚至不着陆的强劲表现，叠加通胀较强的韧性，限制了美联储降息空间和后续展望，同时也支撑了美元指数偏强的走势。国内层面，始于2021年的地产下行周期仍然成为经济整体宏观数据和市场参与主体微观感受的重要拖累力量。尽管在924后，经济政策重大转向并对后续经济表现构成较大提振，带来全年经济增长达到预期目标的成果，但偏弱的预期和相对温和的经济体感依然构成了债券市场偏强的支撑因素。四季度开始尽管经济基本面有所改善，但大量置换债带来的银行资产负债表和收益表的压力，强化了年初开始就存在的资产荒格局，无风险的利率债再次被追逐。全年债市利率中枢下行明显，收益率曲线平坦化，各类信用利差大幅压缩。报告期内，本基金持仓相对积极，并于年内市场波动时点积极防守，努力获取债市上涨收益。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.618Z","mo":"2025年政策转向余温尚存，周期下行的跌势趋缓，整体内需面临的压力可能相对于2024年有所减弱。财政政策的储备相对较足，市场预期也有所好转，走出通缩的概率明显上升。全年来看债市预计保持震荡走势，显著的上行下行空间都较为有限。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1250862","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df642","date":"2024-09-29T16:00:00.000Z","stockId":3000000001011,"sao":"三季度，基本面数据体现一定的走弱迹象，投资链条保持相对弱势，新开工项目投资增速继续下滑；居民部门信贷增长乏力，上半年相对稳定的消费增速，在6月开始略有走弱，内需不足的矛盾进一步突出，风险偏好继续回落，债券收益率走出了一轮平坦化下行。9月下旬，宏观政策转向明显，逆周期政策开始发力，降低存量房贷利率、降息等重磅政策推出，财政加码预期升温，助推风险偏好快速上行，债券收益率走出了一轮熊陡。全季来看，利率债先下后上，整体小幅下行；信用债由于季末赎回影响，相较季初水平明显上行。报告期内，本基金保持了合理的仓位和久期，并根据市场情况进行了一定的波段操作。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.610Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2024年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1175206","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df641","date":"2024-06-29T16:00:00.000Z","stockId":3000000001011,"sao":"2024年上半年，国内经济整体运行平稳，二季度以来出现小幅走弱迹象。海外方面，经历了美国通胀保持韧性至边际走弱，年内降息预期开始升温、确定性增强，但在经济、消费数据依旧强劲背景下，降息幅度与次数仍有待观察。国内经济一季度环比去年平稳、二季度小幅边际走弱，经济的内生结构出现分化，呈现生产强、需求弱，外需强、内需弱的特征，随着政府债发行进度与相应的投资实物工作量不及预期、消费需求在一季度冲高后开始回落、出口在外部环境变化带来的不利影响与压力增加背景下，逆周期政策持续发力，货币政策通过降准降息营造了平稳宽松的流动性环境。同时在金融市场层面，在信贷需求的持续偏弱与禁止手工补息带来的金融脱媒影响下，广谱利率延续了下行趋势，并加剧了债市的资产荒与机构行为的一致性。在平稳宽松的流动性环境下，宏微观的共振走弱与广谱利率的下行牵引，引发收益率曲线全线下行，利差压缩。报告期内，组合保持了相对积极的杠杆和久期水平，有效获取了债市上涨的收益。","declarationDate":"2024-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.602Z","mo":"展望下半年，在坚定不移完成全年经济社会发展目标任务下，宏观政策仍要保持发力，结合财政政策留有余力并用好本年的财政预算，下半年国内经济有望企稳，相较二季度或呈现温和反弹。随着美国通胀与就业数据的回落，在下半年有望开启降息的背景下，国内货币政策的空间也将随之增大，仍将保持合理充裕的流动性环境。下半年债市收益率或将呈现低位区间震荡，本基金将合理运用杠杆策略，维持中性偏高的久期。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1144343","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df640","date":"2024-03-30T16:00:00.000Z","stockId":3000000001011,"sao":"一季度，国内经济走势整体环比平稳，月度高频测算的总量增速与去年四季度实际增速较为接近；但结构分化进一步加大，转型加速期中，传统动能延续下滑且速率并无明显收窄，新兴动能对总量贡献上升，但市场关注度仍待加强。金融市场一季度波动较大，主线逻辑延续了2023年，且随着旧经济动能的放缓，市场认知进一步强化。权益市场在惯性下跌中引发了一定程度上的流动性问题，加剧了资产价格波动，政策介入平息流动性潜在危机，市场情绪得到了修复。债券市场走牛明显，基于对潜在增速的下修，以及对后续经济波动弹性的下调，市场对偏长久期品种更为追捧，同时当前的经济总量增速仍在政策容忍区间，货币政策尚无意突破汇率及空转的掣肘，银行间流动性量价保持了平稳，收益率曲线中短端受益有限。政策定力十足和市场预期偏弱之间的反差，带来收益率曲线明显平坦化。报告期内，组合维持了相对稳健的持仓，并于年初提升了组合久期和杠杆水平，努力获取债市上涨收益","declarationDate":"2024-04-18T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.595Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2024年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1066917","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df63f","date":"2023-12-30T16:00:00.000Z","stockId":3000000001011,"sao":"2023年整体国内外宏观经济表现与市场参与者此前预期形成了不小偏离，宏观因素成为了全年主要大类资产（尤其是人民币计价资产）的主导驱动因素。从国际层面来看，美国通胀和经济景气韧性一再超出市场预期，使得联储的加息幅度和加息周期强于市场参与者预期，美元强势，美股受到追捧；国内层面，疫后的经济走势没有如市场预期走出强势复苏表现，始于2021年的地产下行周期构成了经济整体宏观数据，尤其是市场参与者微观感受的主要拖累力量。但客观来看，2023年整体的经济读数并不能算弱，5.2%的GDP增速以及经济中非传统投资类的平稳表现依然表明中国经济的韧性和稳定性；名义增长中的价格因素以及投资部门尤其是地产部门的羸弱表现带来了弱势的微观感受，同时也对各资产价格产生了较为明显的影响。人民币汇率在强美元周期下偏弱，全年权益资产尤其是周期相关度高的上证50、沪深300等表现较弱，债券收益率下行且各类利差大幅压缩。报告期内，组合持仓相对积极，并于年内市场波动时点积极防守，努力获取债市上涨收益。","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.588Z","mo":"2024年经济增长整体面临的挑战要更大一些，基数效应消退后，同样的经济读数面临的困难要明显高于2023年。不利的因素例如地产下行周期和偏弱的预期暂时趋势仍然有待扭转；但同时也应该看到，消费及三产的表现并没有因为预期的走弱而明显走弱，中国经济的海洋足够宽广深邃，整体的稳定性和韧性不宜低估，且党中央为今年的经济增长进行了一定的政策、项目以及资金的储备，2023年的特别国债资金、2024年可能的特别国债，PSL的灵活加码都为经济运行提供了一定安全垫。全年来看债市预计保持震荡偏强，但市场预期极度悲观时，可能也需要保持一定的清醒和谨慎。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1048889","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df63e","date":"2023-09-29T16:00:00.000Z","stockId":3000000001011,"sao":"7月的政治局会议政策表态整体积极，叠加PMI、部分城市地产销售等数据有小幅回暖迹象，3季度市场开始交易 “政策底”，抢跑“基本面底”,“N”型复苏认知被较多市场参与者接受。与此同时，自8月开始，地方债、国债的发行节奏也有所加快，配合地产政策陆续松动、信贷力度加码、一线城市陆续放开“认房不认贷”等，资金面也出现收敛，以DR007为衡量指标，9月月均值相比7月和8月有所提升。海外方面，三季度，海外通胀虽有下降但核心通胀依然较为坚挺，以美联储为代表的海外央行当下以控制通胀为主要目标，并在三季度继续加息，直接推升了海外债券利率的上行。在上述因素的共同影响下，虽然债券收益率在8月15日央行降息后迎来了短暂下行，但趋势上整体呈现上行态势，曲线形态走平。信用债方面，在理财季末回表和赎回因素的共同影响下，表现弱于利率，信用利差有所走阔。但从自上而下的大类资产配置角度来看，3季度主导股债汇商各类资产的主要共同驱动力在于美元的二次冲高，人民币汇率承压，资金流出压力加大，各类人民币计价资产系统性受到负贝塔拖累；在此基础上，不同资产本身的基本面对应不同的阿尔法叠加负贝塔后，形成了不同的表现。报告期内，组合降低了债券久期和杠杆水平，以期控制回撤表现。","declarationDate":"2023-10-23T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.579Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2023年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=986347","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df63d","date":"2023-06-29T16:00:00.000Z","stockId":3000000001011,"sao":"2023年作为疫后复苏第一年，整体经济运行节奏和债券市场表现较为超预期。海外经济体货币收紧进程持续，幅度和持续时间高于年初估计，通胀韧性偏高但曙光已现；虽然建筑链条和工业受到持续加息影响表现一般，但服务业和就业状况韧性十足，发达经济体增长端受货币收紧的影响整体可控，风险事件频发但未大面积扩散；暂时来看，加息控通胀取得一定效果，且对经济和金融稳定的影响，低于市场预期。国内方面，在“宏观政策适度靠前发力”叠加疫后需求一次性释放的影响下，一季度经济表现可谓强势开局，两年复合增速高于今年的经济增长目标，取得了较好开局，也一度引发市场对复苏甚至通胀的一定预期；二季度随着部分需求回归潜在水平，宏观政策合理控制节奏，二季度需求端环比有较快下滑，部分投资者线性外推对年内经济产生衰退甚至通缩的担忧。为了保持宏观经济增长基本稳定，货币政策动作频频，保持流动性合理充裕的同时，进一步降低社融增量和存量融资成本。债券市场表现较好，年化收益率大幅高于去年，固收类资产取得相对不错的收益水平。报告期内，组合保持了相对偏积极的杠杆和久期水平，抓住了阶段的债券市场机会。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.571Z","mo":"展望下半年，宏观政策重心重回逆周期调节，财政预算后置下，三四季度的经济表现较二季度明显改善是大概率事件，经济增长预计回归潜在增速附近，保持平稳。债市显著的资本利得机会相较于上半年可能收窄，但票息和杠杆策略依然有效，组合操作上将维持一定的杠杆和中性偏高的久期，采取积极的票息策略为宜。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=957587","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df63c","date":"2023-03-30T16:00:00.000Z","stockId":3000000001011,"sao":"一季度，海外发达经济体基本面表现相对平稳，衰退迹象尚未出现，欧美央行加息继续，金融市场脆弱性有所体现，银行业危机苗头初露。国内经济恢复势头较好，疫情政策调整后的过峰快于预期，基本面受到的冲击不大；社融信贷超出市场预期，工业生产复工进度较好，消费需求恢复一般。一季度信贷投放节奏靠前，基础货币消耗较快，银行间流动性有所收敛，同业利率抬升，逐步向政策利率靠拢。受此影响，利率债收益率曲线整体平坦化上行，中短端下跌，长端震荡；信用债在理财赎回压力缓解后表现偏强，收益率整体下行。报告期内，组合保持了中等偏低的杠杆水平，并利用中短端利率债进行了一定波段操作。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.564Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2023年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=880983","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df63b","date":"2022-12-30T16:00:00.000Z","stockId":3000000001011,"sao":"2022年，欧美发达经济体率先进入后疫情时代，大额的财政刺激带来消费需求的快速反弹，同时在供给端受制影响下，通胀大幅上行；货币政策持续趋鹰对抗通胀上行，利率上行，风险资产显著受挫。国内方面，受疫情、地产链等因素影响，国内经济表现整体受到压制，财政支出加快托底经济。但在房住不炒、地方政府严格限制新增隐债的框架约束下，内需向上的弹性较小，信贷脉冲主要跟随财政发力的节奏（专项债前置发行使用、调增政策性银行信贷额度等），居民部门信贷持续走弱，前三季度利率整体上震荡下行，受益于理财规模的扩张，信用利差持续压缩；四季度后，货币市场利率向政策利率靠拢，理财净值收缩引发赎回负反馈，债券市场急速反转，波动较大。权益市场方面，2022年初受到美联储加息、俄乌战争、上海疫情多重影响，截至4.26日低点，全A指数大幅下跌近30%，组合在此期间回撤控制得较好。之后5-6月市场在复工复产带领下大幅反弹，之后Q3在复苏预期证伪影响下市场再度下跌。组合在Q4的股债双杀情况下出现较大回撤。报告期内，本基金对债券资产配置了相对中性的仓位和久期，根据市场情况进行一定的波段操作。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.557Z","mo":"展望2023年，在防疫措施大幅优化、政策对地产、平台经济等行业的态度也发生了积极转变后，经济回到中期的趋势可期，弱复苏局面应当是大概率事件。但从经济工作会议、地方两会等政策表态来看，追求高质量发展、构建新发展格局的政策精神不变，对财政可持续的要求并未放松，房住不炒的坚持没有变，是有节制的稳增长。扩大内需方面强调有收入支撑的消费需求、有合理回报的投资需求、有本金和债务约束的金融需求，宏观政策上出台强刺激的可能性较低。货币政策方面，通胀目前不构成掣肘，海外央行加息尚未结束，国内货币政策的发力点可能还是结构性的货币政策工具为主。组合将维持底仓信用债久期中性，同时关注市场复苏交易和刺激预期波动后的长端利率债的交易机会。权益方面，仓位预计在中性和中性偏高之间波动，结构上均衡配置。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作、审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=865591","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df63a","date":"2022-09-29T16:00:00.000Z","stockId":3000000001011,"sao":"2022年二季度，对海外来说新冠疫情对人们的生产生活的影响逐渐消退，但由于供2022年三季度，俄乌冲突延续，全球地缘风险高发，以欧美为首的海外绝大多数国家持续受到高通胀的侵袭，虽然通胀读数似乎在三季度见到拐点，但通胀的黏性很强，通胀下行的速度明显低于预期，使得美联储持续超预期的在三季度快速加息，美元指数在三季度上涨近10%，10年期美债利率也一举突破4%，均创下了过去十多年的新高，由于美元的强势，使得非美资产在三季度受到了很大的压力。对国内来说三季度经济经历了又一次的下探，地产依然处在下行周期，虽然稳增长的措施陆续推出，但我们也必须承认持续不断的疫情散发对地产和汽车等销售的影响依然较大，不过国内整体的通胀压力是比较可控的，这也为稳增长政策提供了空间。市场方面，央行在三季度进一步引导市场利率下行，并下调了政策利率，债券收益率在7、8月经济再次下探的背景下出现了比较明显的下行，但进入9月之后随着美元的强势上涨，国内外流动性均出现了收紧的局面，导致国内债券收益率跟随海外也出现了一定幅度的上行。权益市场在三季度表现不佳，虽然部分中小盘的股票阶段性有所表现吸引了部分人气，但受制于整体经济压力和海外流动性的持续收紧，各大宽基指数均处在调整区间。转债市场同样表现欠佳，估值水平有所回落但绝对水平仍高。本报告期内，组合提高了债券久期，并调整了股票和转债持仓结构。","declarationDate":"2022-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.549Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=803556","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df639","date":"2022-06-29T16:00:00.000Z","stockId":3000000001011,"sao":"2022年上半年，国内外都出现了很多意想不到的重大事件，俄乌冲突的爆发导致全球能源价格暴涨和局部的不稳定性，而奥密克戎变异株的高传播性也导致了国内疫情防控压力前所未有，全球经济都遭受了新一轮的打击，IMF接连下调各国经济增长预期。美联储上半年持续超预期的加息，使得10年期美债收益率一度触及3.5%的高位，风险资产和多数大宗商品价格伴随加息而引发的衰退预期出现了明显下跌。国内经济由于新冠疫情在全国范围内的爆发受到冲击，疫后稳增长的诉求进一步提升，货币政策持续维持宽松，6月以后各项经济数据环比明显回升，但地产行业由于剧烈的信用收缩导致前景依然黯淡。市场方面，央行在年初即降低了政策利率货币政策始终维持相对宽松，债券收益率在1月快速下行之后转入震荡回升，随后在4月国内疫情爆发之后进一步向下。权益市场波动巨大，前四个月由于各种黑天鹅事件导致市场深度调整，随后复工复产供应链迅速修复之后在新能源车、光伏等高端制造板块的带领下市场出现了快速反弹，到二季度末基本上修复了因疫情导致的下跌。转债市场同样在正股的带动下先抑后扬，转债估值依然维持在较高水平。本报告期内，组合灵活调整了债券久期，并调整了股票和转债的结构。","declarationDate":"2022-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.542Z","mo":"6月是真正意义上的疫后修复的第一个月，与2020年那轮疫后修复不同的是，此轮向上修复的弹性市场普遍认为是较弱的，核心还是地产对经济的约束太大，而海外经济虽然不见得马上进入衰退，但从高位回落是大概率事件，国内外经济错位对市场的影响似乎有可能跟过去一年形成镜像。具体来说，对权益市场而言我们将更加关注内需改善方向，尤其是受益于成本端改善逻辑的家电、建材、家居等板块，同时随着地产纾困政策的落地，前期受到压制的银行等板块也会受益经济改善预期而估值得到一定修复，对于高端制造板块，我们更加聚焦在以军工为代表的需求稳定板块。对于债券市场而言，经济依然有二次探底的风险，货币市场利率进一步下探，整体看当前债券市场风险可控，需要密切关注地产和财政政策的落地情况。结合当前市场观点，后续会重点关注经济基本面的修复情况，尤其是融资和地产数据，验证期期间计划继续逢高兑现一部分权益资产，尤其是前期反弹幅度较大的个股，待后续市场方向明确之后再进行加减仓，当前比较看好的方向依然是受益疫后恢复的大消费，包括食品饮料、建材家居家电以及估值水平在绝对低位安全边际充足的银行和建筑板块。债券部分目前还是以持有5年以内信用债为主，后续关注长债的配置机会。珍惜基金份额持有人的每一分投资和每一份信任，本基金将奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"20华夏希望债券型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=781322","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df638","date":"2022-03-30T16:00:00.000Z","stockId":3000000001011,"sao":"2022年一季度，国内外都出现了很多意想不到的重大事件，俄乌冲突的爆发导致全球能源价格暴涨和局部的不稳定性，而奥密克戎变异株的高传播性也导致了国内2月以来的疫情防控压力前所未有，全球经济都遭受了新一轮的打击。美联储在3月份终于开启了加息周期，美债收益率在一季度快速上行，中美利差在部分期限段甚至出现了倒挂，国内稳增长压力陡然上升，地产政策虽有放松，但具有前瞻意义的地产销售并不尽如人意，而且民营房企的信用风险依然高发，市场对于经济前景普遍较为悲观。市场方面，央行在年初即降低了政策利率，彰显稳增长决心，货币政策始终维持相对宽松，债券收益率在1月快速下行之后转入震荡回升，信用利差有所扩大，市场对后续稳增长持续发力对债券市场的压制始终较为担忧。权益市场在一季度内忧外患下出现了幅度较大的下跌，市场风险偏好急剧下降，今年以来表现较好的板块主要为两类，一类是盈利驱动下的资源类板块，包括煤炭、原油以及工业金属，另一类是受益于地产政策边际改善的板块，包括地产和银行。转债市场在权益市场下跌的带动下出现了幅度较大的回撤，整体估值在下跌中明显压缩。报告期内，组合降低了债券久期，并降低了股票和转债仓位。","declarationDate":"2022-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.535Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2022年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=722172","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df637","date":"2021-12-30T16:00:00.000Z","stockId":3000000001011,"sao":"2021年，全球经济继续遭受新冠疫情的影响，全球单日感染人数屡创新高，但随着病毒不断变异毒性减弱，对全球经济的影响也在日趋减弱。当海外央行开始意识到通胀压力可能并不是临时的、暂时的，政策制定者开始加快退出史上最为宽松的货币政策，美债收益率全年都处在上行通道。国内经济呈现明显的前高后低的特征，结构层面，外需强于内需、通胀强于增长，直到四季度随着各项政策的纠偏，经济整体呈现出了底部企稳的特征。市场方面，央行两次下调了存款准备金率，并降低了1年期LPR利率，货币政策全年保持宽松，债券收益率在年初小幅上行之后基本处于下行通道，这与美债收益率形成鲜明对比，信用利差进一步压缩，曲线进一步陡峭化，全年债券市场获得了较好的收益。权益市场分化极为明显，在经济外热内冷的大背景下，内需相关的板块全年表现低迷，而高景气度的新能源以及外需相关的制造业表现突出，转债市场受益于债券收益率的下行以及个数众多的中小市值正股大幅上涨，成为全年表现较好的含权资产之一。报告期内，本组合对权益波段操作，并在债券市场上涨过程中逐步降低了组合久期。","declarationDate":"2022-01-20T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.527Z","mo":"展望2022年，宏观数据的基数扰动仍然明显，在剔除掉基数效应后，出口回落确定性较强、投资大概率底部温和修复、消费“耐克型”修复。节奏上，当前经济整体处于“底部已现、静待反弹”的阶段，预计上半年经济阶段性复苏的概率较大。不过考虑到2022年财政只是节奏前置，总量层面加码幅度实则有限，这其实意味着全年来看经济增长动能未必很足，基准假设下，我们预计下半年某一阶段，基本面又会重新转弱，主要的不确定性在于稳增长诉求下，下半年地产调控政策是否会进一步松动。通胀层面，CPI持续回升、PPI快速下行，整体来看，不会构成货币政策的掣肘，除非经济上行动能明显增强。综上，预计债券市场整体呈区间震荡走势，以票息收益以及波段增厚为主。年度维度上，本基金将保持中性偏低久期，积极参与波段交易机会。对于含权资产，在全球流动性收紧的大背景下，需要更加注重估值保护，对于高估值资产相对谨慎，同时全年维度看企业盈利增速也处在下行区间，这无疑会进一步压制含权资产的表现，因此在投资策略上需要严格控制总体仓位，增加风险识别和应对措施。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=711170","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df636","date":"2021-09-29T16:00:00.000Z","stockId":3000000001011,"sao":"2021年三季度，国际方面，德尔塔病毒在全球范围内肆虐，对国内外经济造成一定影响。考虑到通胀和就业情况，美联储已经非常接近调整其货币政策的时间点，且对明年的加息预期也有所上升，美债利率触底回升，美元指数走强。国内经济在三季度继续承压，9月PMI跌破50的荣枯线，个别地产企业出现危机导致市场出现一定的挤兑，大宗商品价格在“双碳”和“双限”政策的作用下持续走高。三季度央行下调了存款准备金利率，资金面整体平稳，债券收益率下行后低位震荡，权益市场波动较大，且风格转换较快，整体看部分周期板块在商品价格的强势上涨下表现较好，消费医药等板块跌幅较大。报告期内，本组合对权益波段操作，并在债券市场上涨过程中逐步降低了组合久期。","declarationDate":"2021-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.518Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2021年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=652587","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df635","date":"2021-06-29T16:00:00.000Z","stockId":3000000001011,"sao":"2021年上半年，国际方面，新冠疫情仍间歇性爆发，发达国家的疫苗接种率相对较高，但对于全球完全战胜疫情目前看还需要比较长的时间。美国经济表现强劲，通胀持续走高，但就业水平持续不达预期，这也是美联储迟迟未能进行退出操作的主要原因，但最新的纪要表明明年加息的概率和幅度都在抬升，美债收益率在上半年先升后降，这可能跟通胀预期的变动有关。欧洲经济表现同样较为强劲，主要国家股指不断创出新高。大宗商品方面波动较大，上半年除原油在高位较为坚挺以外，其他品种均在一季度上涨之后出现了不小的回落。国内经济在上半年整体呈现外热内冷的格局，以地产和基建为代表的内需持续走弱，出口在海外经济的带动下表现强劲，消费则仍处在缓慢复苏的通道中。通胀方面，PPI向CPI传导迹象仍不明显，货币当局对于当前的物价水平并没有体现出明显的担忧，因此货币政策仍处在中性稳健的轨道中。上半年债券市场整体表现不错，各品种收益率均有不同程度的下行，信用利差仍在低位运行，资金价格围绕政策中枢波动，权益市场风格演绎比较极致，整体看高估值的成长板块表现要优于估值相对较低的顺周期板块，且估值裂口在持续扩大。报告期内，本基金对权益波段操作，并在债券市场上涨过程中逐步降低了组合久期。","declarationDate":"2021-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.510Z","mo":"展望2021年下半年，债券市场在降准之后出现了比较明显的上涨，未来一段时间货币政策难以对债券市场形成明显制约，市场关注的重点将落脚到财政政策后置以及其对内需拉动的程度上，目前看财政后置的发力仍不显著，经济增长仍面临一定的压力，下半年债券市场的中枢水平因降准会适当下行，需要密切关注政策在稳增长方面的变化。权益市场当前较为极致的风格演绎与当下的宏观背景亦有一定的关系，降准之后市场对于货币政策收紧的预期基本上被打消，如果内需在下半年得不到明显改善的话，当前成长风格相对占优的格局还将延续一段时间，同时由于估值裂口愈发扩大，市场的波动预计也会有所增加。债券投资方面，结合对2021年下半年的经济和政策展望，中性判断下债券依然难有趋势性机会，降准之后曲线明显平坦化，中长端品种性价比降低，后期如果在稳增长方面出台更多政策，仍需要降低组合久期以应对市场的波动。权益市场当前风格演绎的非常极致，伴随着上市公司企业盈利拐点的出现，后期需要更加关注盈利的可持续性以及与自身估值的匹配程度，结构方面倾向于具有硬科技的产业和周期板块。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=631864","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df634","stockId":3000000001011,"sao":"2021年一季度，国际方面，美国新政府上台，政策重心回归抗击疫情和财政救助，随着疫苗接种推广，疫情传播速度开始下降，美联储重申维持当前极度宽松的货币政策，并强调平均通胀达到2%之后才会考虑加息，从而推升了市场的通胀预期，美债利率大幅上行，大宗商品价格上涨。欧洲疫情控制相对不及美国，疫苗接种速度也相对落后，疫情虽得到一定控制但依然反复。国内方面，年初不少城市出现疫情的零星爆发，但总体依然可控，经济总体平稳，年初资产价格上涨预期比较强烈，决策机构也相应表达了对资产价格上涨所导致的通胀担忧，经过了一系列政策调控，当前这一上涨预期有所回落。一季度债券市场继续横盘震荡，中短端收益率小幅上行，收益率曲线略微平坦，信用债表现相对较好，尤其是中短端信用利差进一步收窄，但同时一些弱资质的企业因市场担心今年的信用风险而遭到抛售。权益市场先扬后抑，高低估值板块之间的估值裂口收窄，尤其是春节之后伴随着美债利率和通胀预期上行，前期资金抱团的核心资产板块出现了较大幅度的回撤。报告期内，本组合降低了权益仓位，并提高了组合久期。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.502Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"15华夏希望债券型证券投资基金2021年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=569861","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df633","stockId":3000000001011,"sao":"2020年，新冠疫情突如其来，全球经济受到重创，各国政府均实行了经济刺激计划挽救经济，其中中国经济是全球主要经济体中实现正增长的国家，体现出了中国在疫情防控和经济恢复上的优势，也是全球少数能够维持正常货币政策的国家。由于全球巨量的货币和财政刺激，流动性极为充裕，在疫情爆发之后全球股市反而屡创新高，大宗商品也开始触底反弹，美元持续走弱。随着美国大选尘埃落定以及新冠疫苗获准入市，给海外疫情尤其是美国疫情的控制带来了曙光，全球经济正步入后疫情时代。2020年国内债券市场因新冠疫情大幅波动，疫情爆发初期经济暂时性休克，货币政策大幅放松，债券收益率快速下行，伴随国内疫情在短期内得到有效控制，央行开始领先市场控制货币投放节奏，在经济基本面和货币政策双双触底回升的带动下，债券收益率也开始反弹，全年来看债券收益率基本上维持在年初疫情之前的水平附近。权益市场全年表现抢眼，尤其以创业板为代表的新兴成长板块更是涨幅巨大，市场呈现出强者恒强的态势，随着注册制的不断推进，资金向龙头集中的特征越发明显。转债市场整体表现不如正股，分化同样很大，整体看高价高估值的转债表现更好。报告期内，本基金对权益仓位灵活操作，并提高了组合久期。","date":"2020-12-30T16:00:00.000Z","declarationDate":"2021-01-20T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.494Z","mo":"展望2021年，随着疫苗接种的不断普及，新冠疫情在全球范围内得到有效控制正在成为可能，海外经济复苏的确定性正在加强，叠加美国新政府的新一轮财政刺激计划，大宗商品价格有望保持强势，通胀预期开始强化。国内经济环比修复的斜率肯定不如去年，但韧性预计较强，重点关注制造业投资的持续性以及消费修复的进程。国内政策相较海外会更加克制，国内信用增速的回落是确定的，流动性的收缩会导致一些基本面较差的高估值资产承受较大压力。债券投资方面，结合对2021年的经济和政策展望，中性判断下债券市场全年预计没有明显的趋势性机会，但已经显示出一定的配置价值，尤其是长期限利率债，债券市场最大的风险来自通胀压力持续上行导致央行货币政策的被动收紧，机会则来自国内经济的超预期下滑。权益市场的盈利增速仍在上行通道，但流动性收缩将导致估值收缩的压力持续存在，需要更加重视公司盈利的确定性和稳定性，同时规避基本面较差的高估值公司。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"20华夏希望债券型证券投资基金2020年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=555485","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df632","stockId":3000000001011,"sao":"2020年三季度，国际方面，美联储推出平均通胀目标，预示未来2-3年美联储加息的概率很低，美元指数持续走弱，而欧美国家在三季度多出现了第二波的新冠疫情爆发，给经济恢复的前景蒙上一层阴影，好在死亡率控制在较低位置，并未出现医疗资源的挤兑。由于美国大选临近，两党博弈激烈，美国的下一轮财政刺激计划迟迟未能推出，总体来看，国际市场在三季度继续从疫情中恢复，但不确定性也在增加，且各国的政策空间已经比较有限，风险资产和黄金表现出了同涨同跌的特性。国内经济在疫情有效控制下迅速恢复，企业盈利也创出了年内新高，央行在货币政策上更加注重风险防范，尤其是在房地产融资方面出台了一些限制措施。三季度国内债券市场延续弱势，各期限债券到期收益率均创出了年内新高，收益率曲线平坦化上行，债券市场持续表现不佳主要还是因为国内经济基本面不断向好，货币政策拐点出现之后易紧难松，叠加债券供给相对刚性，进一步导致了债券市场的供需失衡。权益市场在三季度总体上呈现宽幅震荡，顺周期板块表现相对较好，前期涨幅较大的科技股出现一定幅度的回落。报告期内，本基金对权益仓位灵活操作，并降低了组合久期。","date":"2020-09-29T16:00:00.000Z","declarationDate":"2020-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.484Z","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2020年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=488332","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec2dad4369c9c836df631","stockId":3000000001011,"sao":"2020年上半年，突如其来的新冠疫情席卷全球，成为今年资本市场最大的外生变量。国际方面，美国为应对新冠疫情紧急将联邦利率下降至0，并动用各种流动性工具缓解市场压力，其他各主要经济体也都公布了财政刺激计划，以缓解因为疫情带来的短期经济停摆压力。目前除了美国和一些欠发达地区呈现较高的新增病例外，其他各国在控制疫情方面已经取得了较好成效，并陆续解除封锁，经济动能逐步恢复。全球股市上半年剧烈波动，在大幅下跌之后猛烈反弹，其中全球的科技和医药上市公司表现最为突出，美元指数高位回落，黄金大幅上涨接近历史新高。国内疫情虽然早于海外爆发，但由于措施得力短期即被完全控制，虽有一些本土病例零星出现，但从现在的响应速度和控制力度来看对整体经济影响较低，随着经济出现边际好转的迹象越发明显，央行在货币政策上也更加注重风险防范，对于一些应急性质的临时性货币政策也在考虑逐步退出，而中国也成为上半年全球唯一实现正增长的经济体。上半年国内债券市场受疫情和政策的影响波动巨大，起初为了应对疫情爆发，央行向市场投入巨量流动性，并降低了政策利率，导致货币资金市场极度宽松，债券收益率明显下行，曲线陡峭化下行，5月之后随着疫情被有效控制央行在货币政策取向上更加偏向防风险，货币市场利率逐步抬升，叠加巨大的利率债一级市场供给，短期市场供需出现失衡，债券市场出现了比较明显的下跌，信用利差被动有所收窄，各期限债券收益率基本回到了年初疫情前的水平。权益市场受疫情影响同样波动率明显上升，内部结构极端分化，科技、消费和医药板块成为上半年表现最好的板块，同时跟经济活动相关度较高的周期和金融地产板块表现落后。报告期内，本基金增加了权益仓位，并降低了组合久期。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T12:53:46.476Z","mo":"展望2020年下半年，市场的重心将从应对疫情向经济恢复转变，在疫情没有大规模二次爆发的情况下，预计国内经济年底之前可以恢复到疫情前水平，目前需要密切关注经济恢复的强度以及受疫情冲击最大的服务类行业的恢复情况，此外中美之间的对抗在下半年美国大选之前预计会更加频繁出现，也会对市场造成一定的扰动。在经济基本面大方向向上的背景下，预计债券市场下半年总体机会有限，虽然二季度债券市场经历了比较剧烈的调整，但从整个下半年维度看债券作为大类资产配置的价值仍偏低，此外还需要警惕的风险来自如果美元指数趋势性下行导致大宗商品超预期的上涨，随之带来PPI可能的超预期上行风险。虽然权益市场上半年表现较好，但从经济周期、企业盈利以及估值水平的角度看，权益市场相对债券市场依然有不错的投资价值，伴随经济复苏进程加快，前期受抑制的周期类板块有望获得一定的估值修复的机会，从而体现出比上半年更加均衡的市场表现。珍惜基金份额持有人的每一分投资和每一份信任，本基金将继续奉行华夏基金管理有限公司“为信任奉献回报”的经营理念，规范运作，审慎投资，勤勉尽责地为基金份额持有人谋求长期、稳定的回报。","fund":{"_id":3000000001011,"__csrcFundId":69,"stockCode":"001011","shortName":"华夏希望债券(001011)","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":1011,"masterFundFlag":1,"lastUpdated":"2026-04-30T17:44:55.763Z","status":"normal","inceptionDate":"2008-03-09T16:00:00.000Z","name":"华夏希望债券型证券投资基金","exchange":"jj","followedNum":3,"fundCollectionId":4000050030000,"currency":"CNY","masterFundShortName":"华夏希望债券","pinyin":"hxxwzqxzqtzjj","managers":[{"stockCode":"db20787019","stockType":"fund_manager","exchange":"fm","tickerId":2302210520,"name":"吴彬"},{"stockCode":"db20886674","stockType":"fund_manager","exchange":"fm","tickerId":2306221010,"name":"吴凡"}]},"announcement":{"linkText":"华夏希望债券型证券投资基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=463098","linkType":"PDF","source":"csrc_pdf"}}]}