window.pageData = {"stock":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业","fundSecondLevel":"hybrid","fundStatus":"normal","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","fundCollection":{"exchange":"jjgs","stockType":"fund_collection","stockCode":"50780000","tickerId":50780000,"name":"前海开源基金管理有限公司"},"managers":[{"name":"魏淳","stockType":"fund_manager","stockCode":"db20661196","exchange":"fm","tickerId":2303193140}],"hotMetrics":{"fss":{"stockId":3000000004321,"type":"fss","f_s_s_d":"2024-06-29T16:00:00.000Z","f_ins_h_s_r":0.2259,"f_ins_h_s_r_c_hy":0.1735,"f_ins_h_s_r_c_1y":0.1739,"f_ind_h_s_r":0.7741,"f_ind_h_s_r_c_hy":-0.1735,"f_ind_h_s_r_c_1y":-0.17389999999999994,"f_h_a":3173,"f_h_s_a":35705,"last_data_date":"2025-06-29T16:00:00.000Z"},"fpr":{"stockId":3000000004321,"type":"fpr","f_p_r_fys_ssc":8989,"f_p_r_fys_ssrp":0.23264352469959945,"f_p_r_m1_ssc":9219,"f_p_r_m1_ssrp":0.2757648079843784,"f_p_r_m3_ssc":9124,"f_p_r_m3_ssrp":0.27644415214293544,"f_p_r_m6_ssc":8812,"f_p_r_m6_ssrp":0.04539779820678697,"f_p_r_y1_ssc":8334,"f_p_r_y1_ssrp":0.12432497299891995,"f_p_r_y2_ssc":7726,"f_p_r_y2_ssrp":0.07572815533980583,"f_p_r_y3_ssc":6931,"f_p_r_y3_ssrp":0.1165945165945166,"f_p_r_y5_ssc":4330,"f_p_r_y5_ssrp":0.12381612381612382,"f_cagr_p_r_fs_ssc":9161,"f_cagr_p_r_fs_ssrp":0.44792576419213975},"fp":{"stockId":3000000004321,"type":"fp","f_p_r_fys":0.18289295174106956,"f_p_r_m1":0.0880028522193832,"f_p_r_m3":0.08023598820059008,"f_p_r_m6":0.5638879398701766,"f_p_r_y1":0.8515522297502314,"f_p_r_y3":0.7879113367835151,"f_p_r_y5":0.629293468588715,"f_cagr_p_r_fs":0.06789177367636734,"f_p_r_d1":-0.02374802099825002,"f_p_r_y2":1.2904678508881648,"last_data_date":"2026-05-14T16:00:00.000Z"},"ff":{"stockId":3000000004321,"type":"ff","f_m_f":236861,"f_m_f_r":0.006,"f_c_f":39476,"f_c_f_r":0.001,"f_m_a_c_f":276337,"f_m_a_c_f_r":0.007,"f_m_c_f_d":"2024-12-10T16:00:00.000Z","f_c_fr":0.001,"f_fr_d":"2025-12-09T16:00:00.000Z","f_m_fr":0.006,"f_mac_fr":0.007},"f_nlacan":{"stockId":3000000004321,"type":"f_nlacan","f_nv_d":"2026-05-14T16:00:00.000Z","f_nv":1.831,"f_nv_cr":-0.03147315524993388},"f_as":{"stockId":3000000004321,"type":"f_as","f_tas":742173122.4391999,"f_tas_d":"2026-03-30T16:00:00.000Z"}},"masterSlaveFunds":[],"shareholdings":[{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":1400,"holdings":290100,"marketCap":48345165,"netValueRatio":0.0651,"quarterlyChange":1.143132716049383,"stock":{"name":"江顺科技","exchange":"sz","stockType":"company","stockCode":"001400","tickerId":1400}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":2149,"holdings":798166,"marketCap":41137475,"netValueRatio":0.0554,"quarterlyChange":0.1324983520105465,"stock":{"stockCode":"002149","exchange":"sz","stockType":"company","tickerId":2149,"name":"西部材料"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":301306,"holdings":256700,"marketCap":40342972,"netValueRatio":0.0544,"quarterlyChange":0.37425673312346963,"stock":{"name":"西测测试","exchange":"sz","stockType":"company","stockCode":"301306","tickerId":301306}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":600118,"holdings":480910,"marketCap":39367292,"netValueRatio":0.053,"quarterlyChange":-0.1378620326487625,"stock":{"stockCode":"600118","exchange":"sh","stockType":"company","tickerId":600118,"name":"中国卫星"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":688818,"holdings":629411,"marketCap":38230424,"netValueRatio":0.0515,"stock":{"name":"电科蓝天","exchange":"sh","stockType":"company","stockCode":"688818","tickerId":688818}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":600343,"holdings":1097500,"marketCap":37732050,"netValueRatio":0.0508,"quarterlyChange":-0.2979375127629157,"stock":{"stockCode":"600343","exchange":"sh","stockType":"company","tickerId":600343,"name":"航天动力"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":688375,"holdings":338192,"marketCap":37508874,"netValueRatio":0.0505,"quarterlyChange":0.19117173235957452,"stock":{"name":"国博电子","exchange":"sh","stockType":"company","stockCode":"688375","tickerId":688375}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":688387,"holdings":2479863,"marketCap":36999555,"netValueRatio":0.0499,"quarterlyChange":0.15658914728682194,"stock":{"name":"信科移动","exchange":"sh","stockType":"company","stockCode":"688387","tickerId":688387}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":688270,"holdings":249565,"marketCap":36998011,"netValueRatio":0.0499,"quarterlyChange":0.21446710903579969,"stock":{"stockCode":"688270","tickerId":688270,"exchange":"sh","stockType":"company","name":"ST臻镭"}},{"date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","fundId":3000000004321,"stockId":600498,"holdings":703071,"marketCap":35491024,"netValueRatio":0.0478,"quarterlyChange":0.5735660847880308,"stock":{"stockCode":"600498","exchange":"sh","stockType":"company","tickerId":600498,"name":"烽火通信"}}],"lastFsMetrics":{"latestTurnoverRate":8.021393497704075,"latestTurnoverRateDate":"2025-06-29T16:00:00.000Z"}},"list":[{"_id":"69e8ea861398d79843fe884d","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-21T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面上，3月制造业PMI指数为50.4%，制造业景气度时隔两月（1月49.3%、2月49.0%）回升至扩张区间，反映出节后经济在外需拉动下展现出良好复苏态势。全球工业系统性涨价的环境下，国内出口产品性价比优势反而愈发凸显，而从国内生产和库存表现来看，在价格影响幅度和时间仍存诸多不确定性的环境下，当前制造业企业也并未急于提前补库或加强生产，按需定产的态度仍然明显，产销关系仍较为良性。政策面上， 2026 年全国两会《政府工作报告》提出GDP 预期增长4.5—5%，为“十五五”开局之年经济政策锚定方向，明确全年经济工作稳中求进、提质增效的总基调，聚焦扩内需、稳增长、防风险，以政策确定性应对外部环境扰动。海外方面，自美国和以色列2月28日对伊朗发动袭击以来，中东紧张局势持续升级，全球原油价格及各国金融市场迎来剧烈波动。  在此背景下，A股一季度市场波动较大，沪深300指数在1月中旬冲高后市场在2月进行小幅调整，进入3月受到美以伊战争冲击市场大幅向下回落。预计2026年二季度美伊冲突与高油价仍然会成为市场较大影响因素，4月A股市场进入地缘扰动叠加业绩验证的关键窗口，预计A股市场在调整后，随着中美关系改善、中东地缘局势缓和、全球通胀压力缓解，市场有望迎来修复行情。本基金是主题型基金，主要投资于强国产业主题相关证券，在本报告期内保持了较高仓位，挖掘十三五规划建议中构建的新产业体系所带来的投资机会，重点配置了以商业航天等行业的相关股票。","lastUpdated":"2026-04-22T15:34:30.536Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2026年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1473676","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472270","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-01-14T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面，国内1—11月工业企业利润同比增长0.1%，11月工业利润同比下降13.1%，利润下降主要是由于营收利润率同比下降0.08个百分点。分行业来看，新质生产力成为利润驱动主力，高技术制造业、装备制造业利润增速带动明显，其中“人工智能+”带动的电子工业专用设备、航空航天相关设备制造和智能消费设备制造表现亮眼，此外，有色行业受市场需求带动保持两位数增长。黑色矿采、可选消费品（纺服、家具、文教体娱等）、石化和燃气利润同比降幅较大，内需放缓是工业品价格修复不足的重要原因；政策方面，12月召开的中央经济工作会议明确2026年将坚持“稳中求进、提质增效” 的工作总基调，继续实施“更加积极的财政政策”和“适度宽松的货币政策”，确保“十五五”经济平稳开局；尤为关键的是，“因地制宜发展新质生产力”被提升至前所未有的战略高度，预计将成为驱动经济结构优化与产业升级的核心引擎。  在此背景下，A股四季度呈现“10月冲高-11月回调-12月企稳”的三段走势。预计2026年中国宏观经济政策将保持积极态势，消费增量集中在服务消费，投资方面基建和制造业有望企稳，房地产拖累有望减轻，出口维持强劲，A股有望持续慢牛走势。  本基金是主题型基金，主要投资于强国产业主题相关证券，在本报告期内保持了较高仓位，通过挖掘“十三五”规划建议中构建的新产业体系所带来的投资机会，重点配置了商业航天等相关行业股票。","lastUpdated":"2026-03-09T13:14:57.137Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1453580","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047226f","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面上，尽管三季度制造业PMI每个月逐月提升（7至9月PMI分别为49.3、49.4、49.8），但制造业PMI自4月以来已连续第六个月低于荣枯线（50），表明制造业整体景气度尚未完全恢复，主要原因是国内需求端修复不强，外需虽有改善但仍疲弱。政策面上，7月1日习近平总书记主持召开的二十届中央财经委员会第六次会议，会议要求纵深推进全国统一大市场建设，聚焦供给侧优化和“反内卷”竞争；货币政策方面，中国人民银行三季度货币政策例会表明，“中国货币政策以我为主”，明确不随美国9月降息即刻跟进，降准降息节奏自主把控，实施适度宽松的货币政策，为“十五五”时期预留政策空间。在此背景下，“反内卷”政策和AI算力板块业绩超预期不断推升市场热度，7-8月A股快速突破3800点、9月维持高位震荡。本基金是主题型基金，主要投资于强国产业主题相关证券，在本报告期内保持了较高仓位，挖掘十三五规划建议中构建的新产业体系所带来的投资机会，重点配置了机械、计算机、通信行业的相关股票。","lastUpdated":"2026-03-09T13:14:57.135Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2025年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1375058","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047226e","date":"2025-06-29T16:00:00.000Z","stockId":3000000004321,"sao":"2025年上半年中国实际GDP同比增长约为5.3%，分季度来看，一季度GDP同比增长5.4%，二季度增长5.2%。一季度经济增长势头较好，主要原因是贸易战背景下“抢出口”效应的支撑，出口保持较快增长，而进口增速回落，使得贸易顺差对名义GDP增速的贡献进一步提高；二季度我国经济仍保持一定韧性，GDP增速高于年度目标，主要是得益于出口的持续增长以及“以旧换新”政策拉动，社会消费品零售总额（社零）增速有所提高。在此背景下，2025年上半年沪深300指数经历了1月初的低位下行后市场逐步反弹，然而4月初特朗普政府签署关于“对等关税”的行政令导致市场大幅回落，在5月中美关税谈判超预期后，市场逐步回暖，叠加长期资金入市效果显现，尤其是保险资金持续增配权益，推动了市场中枢的抬升，最终上半年上涨0.03%。  投资策略上，本基金保持了较高仓位，主要配置于强国产业主题相关证券。","declarationDate":"2025-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.132Z","mo":"展望2025年下半年，经济仍面临较大压力。出口方面，由于关税政策的不确定性和前期“抢出口”的透支效应，下半年出口压力可能加大。内需方面，房地产景气度持续下行，消费方面受“以旧换新”补贴资金减少、消费需求前置带来的回落效应及叠加公务接待新规的影响，社零增速预计将进一步回落，内需不足问题凸显。因此，下半年经济仍需政策端的持续支持，国内稳增长政策加码的力度以及后续政策实施效果将对2025年下半年整体A股市场走势产生较大影响，需持续观察政策落地情况。  本基金主要投资于制造强国战略所涉及的重点行业，将努力根据市场情况精选行业和个股，争取为持有人创造更高收益。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1341294","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047226d","date":"2025-03-30T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面上，受春节因素影响2025年1月制造业PMI结束前期扩张势头，回落至49.1%，但2-3月复工后制造业PMI回升至50.2%、50.5%,也表明我国经济生产经营总体产出保持扩张态势。政策面上，“两会”政府工作报告将GDP增长目标设定为5%左右，与2024年持平，体现政策的连续性和稳定性，有助于稳定市场预期和投资者信心。货币政策方面，强调适度宽松，预计短期仍通过偏紧的资金面来推动缓解金融体系的长期风险。在此背景下，A股一季度在1月初短暂下跌，但2025年1月20日DeepSeek新版本发布，其可对齐海外大模型，这一事件引发市场风险偏好提升并反弹至3月中下旬，后续在美国政府的对等关税政策影响下市场开始调整。本基金是主题型基金，主要投资于强国产业主题相关证券，在本报告期内保持了较高仓位，挖掘十三五规划建议中构建的新产业体系所带来的投资机会，重点配置了机械、计算机、通信行业的相关股票。","declarationDate":"2025-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.130Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2025年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1270285","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047226c","date":"2024-12-30T16:00:00.000Z","stockId":3000000004321,"sao":"2024年中国实际GDP同比约为5.0%，顺利实现年初既定的经济增长目标；分季度来看，2024年一季度GDP同比增长5.3%，二季度回落至4.7%，三季度增长4.6%，四季度强劲反弹至5.4%。一季度经济增长势头较好，主要原因是受到前期1万亿增发国债项目的支撑，并叠加闰年效应的影响；二季度起由于内需不足以及房地产市场持续疲软，经济增速回落；在此背景下7月和9月中央政治局会议两次加力，部署增量宏观政策，降准降息支持，地方政府新一轮债务置换拉开序幕，且外需在“抢出口”支撑下表现亮眼，助力GDP在四季度增速回升。在此背景下，2024年沪深300指数波动较大，经历了1月初的低位下行后市场逐步反弹，由于经济复苏不及预期市场逐步下行至9月底，在政策的支撑下迎来大幅反弹，最终全年涨幅14.68%。  投资策略上，本基金保持了较高仓位，主要配置于强国产业主题相关证券。","declarationDate":"2025-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.127Z","mo":"展望2025年，当前中国经济正处于转型期，经济回升向好仍需政策端的持续支持，并且特朗普上台后，美国关税政策的落地可能将对海外需求以及我国出口产生负面影响，在此背景下，扩大内需将成为国内经济持续复苏的关键因素。2024年12月的政治局会议和中央经济工作会议均明确指出，2025年国内将实施更加积极有为的宏观政策，全方位扩大国内需求。因此，国内稳增长政策加码的力度以及后续政策实施效果将对2025年整体A股市场走势产生较大影响，需持续观察政策落地情况。  本基金主要投资于制造强国战略所涉及的重点行业，将努力根据市场情况精选行业和个股，争取为持有人创造更高收益。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2024年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1252014","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047226b","date":"2024-09-29T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面上，国内7-8月份中国经济仍呈现放缓特征，制造业PMI分别为49.4%、49.1%，从五月开始已经连续四个月处于50以下，表明制造业活动持续收缩；但9月份制造业PMI指数为49.8%，较前值49.1%有所上行，结束了持续下跌的走势。9月制造业生产指数、新订单指数分别回升至51.2%（前值49.8%）、49.9%（前值48.9%），说明供需均出现明显好转，推测好转的主要原因是设备更新和汽车家电以旧换新政策的影响。政策面上，9月底国新办发布多项政策，政治局会议进一步释放积极政策信号，未来政策的重心将转向稳经济。在此背景下，A股三季度前两个半月处于持续调整状态，在9月最后一周市场出现大幅反转。本基金是主题型基金，主要投资于强国产业主题相关证券，在本报告期内保持了较高仓位，挖掘十三五规划建议中构建的新产业体系所带来的投资机会，重点配置了以人工智能、数字经济、信创等行业的相关股票。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.124Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2024年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1177383","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047226a","date":"2024-06-29T16:00:00.000Z","stockId":3000000004321,"sao":"2024年上半年我国实际GDP同比增长5.0%。二季度实际GDP同比增长4.7%，较一季度下行0.6%。从GDP的构成来看，二季度消费、投资等内需指标均呈现下行趋势，而出口表现好于进口，反映出国内需求有待提振。二季度经济增长低于预期主要是由上半年政策发力节奏放缓、居民信心不足制约消费、地产市场未能真正转向等因素导致。在此背景下，2024上半年沪深300指数在一月底见底反弹后，在五月下旬进入调整阶段，A股市场热点集中于红利、资源能源、出口及出海，以及受海外科技事件催化和国内产业政策支持的科技成长方向。  投资策略上，本基金保持了较高仓位，主要配置于强国产业主题相关证券。","declarationDate":"2024-07-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.122Z","mo":"从2024年上半年经济、通胀、金融数据来看，当前我国企业、居民、地方政府均处于偏收缩的状态中，内需持续偏弱。海外通胀数据陆续出现分化，美国经济是否能软着陆还存在一定不确定性，后续出口或很难延续高增长态势。这意味着在大力度的需求端刺激政策出台之前，下半年经济下滑的趋势或难以扭转。预计下半年A股市场仍然是以结构性机会为主，TMT整体板块在人工智能、苹果创新、半导体周期见底等因素带动下，可能仍然具有一定的相对收益。  本基金主要投资于制造强国战略所涉及的重点行业，将努力根据市场情况精选行业和个股，争取为持有人创造更高收益。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1146326","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472269","date":"2024-03-30T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面上，中国经济呈现温和复苏，消费、固定资产投资和进出口数据超预期回升。根据国家统计局数据，中国3月官方制造业和非制造业采购经理指数（PMI）分别录得50.8%和53%，均高于预期，显示出制造业和非制造业活动的复苏态势。在国内经济复苏超市场预期的背景下，A股市场在二月触底后迎来反弹。本报告期内，本基金保持了较高仓位，重点配置了人工智能、数字经济等行业的相关股票。","declarationDate":"2024-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.119Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2024年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1072937","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472268","date":"2023-12-30T16:00:00.000Z","stockId":3000000004321,"sao":"作为三年新冠疫情防控转段后经济恢复发展的一年，2023年经济整体向好回升，2023年全年实际GDP同比增长5.2%，较2022年3%的增速回升。2023年CPI年度同比上涨0.2%，PPI年度同比下降3.0%，物价指数整体偏低以及修复速度偏慢，反应2023年经济仍然处于修复之中，并且在边际上经济内生动力仍然不强，说明国内经济有效需求不足、社会预期偏弱。2023年以来在美联储、欧洲央行大幅加息和俄乌冲突的双重影响下，美国、欧洲经济明显放缓，进口需求减弱，最终导致2023年我国以美元计价出口额同比下降4.6%。在此背景下，2023全年沪深300指数下跌11.38%。  投资策略上，本基金保持了较高仓位，主要配置于强国产业主题相关证券。","declarationDate":"2024-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.117Z","mo":"展望2024年，当前经济仍存在下行压力，主要原因是外部环境不确定性较强，国内需求水平仍有改善空间，以及地产复苏的持续性尚需观察。经济回升向好仍需政策端的持续支持，而政策加码的力度以及后续政策效果的验证都会影响市场信心恢复。从周期视角看，尽管国内与海外库存周期基本见底，但库存是否能够上行还需要等房地产销售企稳、宏观调控政策见效，以及内需与外需的进一步恢复。从行业视角来看，面对房地产持续转型的影响，正在成长的新行业与新动能短期还不能完全对冲房地产下行对经济带来的负面影响，但2024年海外货币政策转向将有利于中国出口与新兴产业的进一步恢复。因此，对2024年整体A股市场走势保持谨慎乐观态度，预计大盘指数将随着政策发力有一定上行空间，但市场仍然是以结构性机会为主。  本基金主要投资于制造强国战略所涉及的重点行业，将努力根据市场情况精选行业和个股，争取为持有人创造更高收益。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1058299","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472267","date":"2023-09-29T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，宏观基本面上，国内经济逐步改善，8月份工业企业利润同比增长17.2%，实现自去年下半年以来首次正增长，9月PMI回升至荣枯线上，预计后续国内经济继续平稳恢复为主。但国内经济改善速度仍然低于预期，且美债收益率持续上行压制全球风险资产价格。在国内基本面修复偏慢和海外资金面收紧的双重压力下，A股市场三季度震荡向下。本报告期内，本基金保持了较高仓位，重点配置了以人工智能、数字经济等行业的相关股票。","declarationDate":"2023-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.114Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=990089","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472266","date":"2023-06-29T16:00:00.000Z","stockId":3000000004321,"sao":"2023年上半年实际GDP同比累计增长5.5%，其中2季度实际GDP同比增长6.3%。整体来看，国内经济在疫情后已经基本企稳，从经济运行的月度节奏看，2季度经济呈现“V”字型，4月和5月经济显著下行，6月出现企稳迹象。虽然从数据上看经济基本企稳，但疫情影响了居民、企业对风险和不确定性的认知，叠加全球经济下行和收缩，居民、企业对后续经济展望信心比较脆弱，主动或被动地放缓资产负债表扩张、降低风险投资的比例。在此背景下，2023上半年沪深300指数在一月大幅反弹后，处于持续下跌趋势中，A股市场热点集中于与经济基本面关系不大的人工智能、数字经济板块。  投资策略上，本基金保持了较高仓位，主要配置于强国产业主题相关证券。","declarationDate":"2023-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.112Z","mo":"展望2023年下半年，由于上半年实际GDP同比增长5.5%，完成年初两会制定的全年GDP目标增速5%下半年增速只需要达到4.6%，预计大概率能够完成该目标。另外在对整体经济保持高质量发展的要求下，预计下半年可能不会有重大刺激政策出台，在政策端仍将偏重科技和产业安全。预计下半年A股市场仍然是以结构性机会为主，TMT整体板块在人工智能、数字经济、半导体周期见底等因素带动下，仍然具有一定的相对收益。  本基金主要投资于制造强国战略所涉及的重点行业，将努力根据市场情况精选行业和个股，争取为持有人创造更高收益。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=965462","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472265","date":"2023-03-30T16:00:00.000Z","stockId":3000000004321,"sao":"本报告期内，随着国内新冠疫情基本结束，一季度国内经济持续位于修复通道，生产端，传统经济修复弹性较高，与传统经济相关的工业金属、钢铁需求显著回暖；消费端，服务消费、地产后周期的商品消费是本轮修复的主力，而在2022年需求韧性较足的汽车、新兴家电、培育钻石等消费在一季度的需求表现略低预期。一季度政策密集出台的领域主要包括房地产、汽车、数字经济、新能源、农业等。总体来看，政策对总量经济的鼓励幅度有限，由疫后修复带动的经济增长或近尾声，市场对国内经济复苏信心不足。在此背景下，代表经济结构转型的数字经济板块出现大幅上涨。综合考虑下，本基金对仓位及持仓行业进行了相应调整，重点配置了信创、人工智能等行业的相关股票。","declarationDate":"2023-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.109Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2023年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=886964","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472264","date":"2022-12-30T16:00:00.000Z","stockId":3000000004321,"sao":"受前期疫情等因素影响，2022年全年实际GDP同比增长3%。主要原因是疫情传播较为随机，导致在疫情防控政策趋紧的背景下，企业复工排产、消费者消费的不确定性提升，进而对企业和居民的收入端都有一定冲击，同时导致不确定性预期下的超额储蓄、减少投资等行为，进而影响到长期，并反作用冲击短期，比如消费者信心指数、企业投资前瞻指数都明显下行，前者甚至是有史以来新低。2022年11月之后，中央开始优化疫情防控政策，经济基本面预期开始出现边际改善。在此背景下，2022全年沪深300指数下跌21.63%，但11月以来沪深300反弹10.34%。  投资策略上，本基金保持了较高仓位，主要配置于强国产业主题相关证券。","declarationDate":"2023-01-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.106Z","mo":"展望2023年，随着疫情防控政策的优化，疫情后续对资本市场的不确定性扰动降到最低，预计短期经济内生增长动力有一个正常回归，但随着美联储持续加息对抗通胀，预计外需对全年经济拉动不大，今年国内经济增长将主要靠内需拉动。当前市场普遍预期国内将会出台一系列政策来刺激经济，但未来如果政策不达预期或者出现新一轮（或多轮）疫情感染可能对市场情绪和经济活动带来下行风险，而且相比疫情防控措施的优化调整，居民收入、资产负债表和消费信心的修复可能需要更长时间。因此，对2023年整体A股市场走势保持谨慎乐观态度，预计大盘指数将随着经济复苏有一定上行空间，但市场仍然是以结构性机会为主。  本基金主要投资于制造强国战略所涉及的重点行业，将努力根据市场情况精选行业和个股，争取为持有人创造更高收益。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2022年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=869828","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472263","date":"2022-09-29T16:00:00.000Z","stockId":3000000004321,"sao":"3季度的香港市场表现呈现单边下行趋势。海外俄乌冲突和美联储收水，以及中国经济复苏态势偏弱和中美冲突的升级都有影响。分行业看，表现好的行业主要是上游通胀的品种和博弈政策反转的行业，而科技股暂时并没有看到较好行情。在此期间，我们主要配置恒生科技指数中的标的。","declarationDate":"2022-10-25T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.104Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2022年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=805230","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472262","date":"2022-06-29T16:00:00.000Z","stockId":3000000004321,"sao":"宏观经济方面，上半年国内经济增长动能经历了先回落后复苏的过程。其中，4月国内疫情蔓延，生产停滞、消费受限下，经济增长各项指标全面回落，直到5月疫情缓释后才逐步复苏。整体来看，出口在海外需求仍强的背景下维持韧性，财政支出加速支撑基建投资高增，制造业则在留抵退税和出口拉动下表现同样较强。消费端受疫情影响明显，上半年整体增长较弱，地产投资增速则持续下行。权益市场方面，指数在上半年也走出了先抑后扬的表现，海外高通胀、俄乌冲突和国内疫情相继对市场造成冲击。年初市场延续了对信用风险、稳增长不足的担忧，叠加海外通胀超预期引发流动性紧缩担忧，成长风格同步大幅调整。此后俄乌冲突爆发并导致能源价格上涨，同时美联储加息、美债利率快速上行，避险情绪抬升，全球风险资产进一步下行。4月国内疫情蔓延，防控措施扰乱了经济预期，A股再度下跌，资金高度拥挤甚至导致局部踩踏，红利指数则相对稳健。随着5月国内疫情逐步缓释，加上一系列稳增长政策支持，市场企稳反弹，前期跌幅较大、但景气上修最为确定的新能源链反弹幅度最大。经济复苏确定加强后，地产链、消费也相继修复。在此期间，我们主要配置了恒生科技指数中的标的。","declarationDate":"2022-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.101Z","mo":"展望下半年，本轮经济修复不同于2020年，将是一个相对缓慢的过程。海外方面，全球流动性不断收紧，高通胀削弱需求增长，库存偏高制约补库需求，导致我国出口动能及份额双双承压。国内方面，疫情之前已有“被动补库存”特征，在地产链转弱的带动下，经济呈现弱衰退迹象。因而，当下复工复产不等于经济复苏，需警惕经济在周期惯性下二次探底的可能。对于资产价格而言，基本面利率下行依然是下半年较为确定的利好，因而长久期资产将更为受益，包括债券，以及以科技、消费为代表的成长股；最后，未来随着融资和经济相继见底，利率中枢将再度迎来回升，届时价值蓝筹有望重新崛起。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2022年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=784063","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472261","date":"2022-03-30T16:00:00.000Z","stockId":3000000004321,"sao":"一季度，在外围风险扰动、国内经济承压的背景下，市场避险情绪急剧上升，A股市场经历持续调整。港股市场由于受到中概股监管以及外资流出等因素影响下行幅度也较为可观。由于港股市场从去年年初在各种利空影响下持续下挫，如互联网、制造类等相关个股调整幅度相对较大，我们已经逐步把投资重心转移到其中调整幅度较大的相关优质标的，主要原因在于这些标的风险释放较为充分，性价比较好，另外这些标的虽然受到政策或是疫情等方面的短期影响，但我们认为政策将规范行业发展，使得头部公司行稳致远，而疫情的反复虽然在一段时间内致使公司发展放缓，但无碍公司长期价值，当然我们也会持续跟踪标的公司的基本面进展。","declarationDate":"2022-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.098Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2022年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=725002","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb0472260","date":"2021-12-30T16:00:00.000Z","stockId":3000000004321,"sao":"从中国的宏观情况来看，2021年中国宏观经济呈现前高后低的走势，四季度经济数据有企稳迹象；具体来看，生产、消费数据回升，出口增速依旧保持高位，但投资对经济拉动作用依旧较低。基数效应叠加需求转弱，但托底政策将加大力度。2021年A股指数在3400点至3700点区间宽幅波动，港股则自30000点一线下行至23000点左右，全年下跌14%左右。报告期内，本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。","declarationDate":"2022-01-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.095Z","mo":"展望2022年，预计全球疫情大概率好转，考虑到海外大型经济体如美国的通胀进展以及就业率回升等因素，美国的缩表加息进程已经较为明确，在利率上行的背景下我们需要观察实体经济增长是否可以同步，若如此则金融市场或可逐步消解加息进程。国内中央经济工作会议定调增长面临较大下行压力，“稳字当头、发力靠前”，跨周期调节政策将发力。A股市场部分传统经济板块处于估值低位，另外包括香港市场的部分金融、互联网、制造类标的经过长期反复的向下调整也处于估值较低水平，所以我们认为未来市场整体大幅度下行概率较小，市场或继续呈现结构性机会。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2021年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=712813","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047225f","date":"2021-09-29T16:00:00.000Z","stockId":3000000004321,"sao":"三季度宏观经济延续下行趋势。制造业PMI从6月份的50.9下降至9月份的49.6，前期支撑经济的因素出现走弱迹象，叠加德尔塔毒株入境，以及强降水、缺电限电、钢铁等高耗能产业限产力度加大等影响因素，预计经济增速相比二季度会进一步走弱。其中，房地产销售面积、购置土地面积、新开工面积、施工面积当月增速均有明显放缓。由于强降水影响工程施工，7、8月基建投资单月增速转为负增长。8 月变异毒株入境影响了企业家投资信心，制造业单月投资增速回落。8月、9月我国出口新订单PMI指数也滑出近年同期波动区间，出口企业接单量已开始走弱。PPI受到煤炭等大宗商品价格上涨影响进一步走高。PPI持续走高，CPI 偏弱运行，上游资源品及中游原材料业盈利大幅增长，原材料价格高企叠加消费偏弱拖累下游一般消费品行业利润。回顾三季度国内金融市场表现，权益市场板块出现明显分化，周期行业受到价格上涨驱动表现最好，消费行业由于需求疲弱整体回调。在此期间，本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。在后续的投资运作中，我们的权益部分将保持目前的18%-20%仓位(如遇市值波动、规模变动等因素导致该比例被动超标，管理人将及时予以调整)，权益部分未来会主要投资于在境内和香港联合交易所两地同时上市的沪深A股和港股通标的股票。由于市场特性、上市公司行业特征、投资者结构、流动性、交易成本等方面因素影响，同一企业在境内和香港上市的股价经常存在差异。本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。时间直至2021年12月31日。2021年结束后15工作日内，再决定是否调整策略。","declarationDate":"2021-10-26T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.092Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2021年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=655893","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047225e","date":"2021-06-29T16:00:00.000Z","stockId":3000000004321,"sao":"2021年上半年，受去年疫情爆发的影响下，有一个较大幅度的低基数推升效应，中国经济增长在一季度达到了同比 18.3%的历史高位。从全球经济来看，上半年美欧中日等主要经济体制造业 PMI 指数连续多月站上荣枯线，约占世界经济总量40%的中美经济高增长奠定了世界经济整体走势，因此世界经济复苏在二季度迎来高点，中国经济增长在二季度也达到了 7.9%的高速增长。1-6月规模以上工业增加值同比增长15.9%，两年平均增长7.0%。6月出口（美元计价，下同）同比增长32.2%（5月同比27.9%），进口同比增长36.7%（5月同比51.1%），主要得益于大宗商品价格持续上行，并且世界经济恢复略有放缓，但中国出口仍然受到全球经济恢复的持续拉动。1-6月固定资产投资（不含农户）同比增12.6%，比2019年1-6月增长9.1%，两年平均增长4.4%。6月社会消费品零售总额同比增长12.1%，比2019年6月增长10.0%，两年平均增速为4.9%。今年上半年与2019年同期相比均实现较快增长，从环比增速看，保持基本稳定；从两年平均增速看，多数生产需求指标还有所加快；与此同时，就业形势总体稳定，市场活力逐步提升，发展预期向好，内生动力加强。流动性方面，央行决定于7月15日下调金融机构存款准备金率0.5个百分点。央行表示，货币政策在今年上半年已经基本回到疫情前的常态，稳健货币政策取向没有改变，此次降准是货币政策回归常态后的常规操作。市场方面，上半年三大指数均有涨幅，其中：创业板指上涨最多为17.22%，中小100上涨3.66%，上证指数上涨3.40%。分行业来看：电气设备、钢铁、化工涨幅居于前三，分别为23.83%、23.62%、21.46%；传媒、农林牧渔、国防军工、房地产、非银金融、家用电器表现垫底，跌幅依次在-7%~-16%之间。在此期间，本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。","declarationDate":"2021-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.089Z","mo":"展望2021年下半年，全球经济复苏分化，中、美、欧等经济体陆续恢复，但印度、拉美、东南亚等部分新兴经济体仍深陷疫情。美国经济进入复苏的中后段，要警惕美联储货币政策转向，全球流动性拐点渐行渐近，大宗商品价格快速上涨阶段或已结束，短期可能会继续高位盘整。中国经济周期正从复苏转入过热和滞胀，2021年一季度前后是经济顶，随后回归潜在增长率，增速前高后低。房地产和出口是疫后支撑经济增长的主要力量，当前均面临下行压力；消费、制造业投资持续恢复，但受居民收入、就业形势不佳、成本抬升压制利润等影响，难以对冲。上半年政府专项债发放进度缓慢，或在四季度加快发行托底经济。政策层面，货币政策正常化、财政扩张力度放缓、房地产金融政策收紧。下半年中国经济复苏面临下行压力，但韧性较强。与此同时，随着经济放缓和通胀高点已过，市场对货币政策收紧的预期也将逐步缓解。基于上述背景，我们认为下半年中国股市将以震荡为主，结构性机会更多一些。在后续的投资运作中，我们的权益部分将保持目前的18%-20%仓位(如遇市值波动、规模变动等因素导致该比例被动超标，管理人将及时予以调整)，权益部分未来会主要投资于在境内和香港联合交易所两地同时上市的沪深A股和港股通标的股票。由于市场特性、上市公司行业特征、投资者结构、流动性、交易成本等方面因素影响，同一企业在境内和香港上市的股价经常存在差异。本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。时间直至2021年12月31日。2021年结束后15工作日内，再决定是否调整策略。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2021年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=633020","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047225d","stockId":3000000004321,"sao":"2021年一季度，由于去年疫情爆发之初造成的极低基数，一季度前两月各项经济指标同比增速普遍飙升，但剔除基数效应看，仅房地产投资和出口依旧偏强，消费和制造业投资、基建等出现明显走弱，由此可看出疫情阴霾对消费的冲击仍未根本性消除。其中，2021年1-2月：工业增加值同比增长35.1%，两年平均增长达8.1%，为近年来较高水平；全国固定资产投资同比增长35.0%；社会消费品零售总额同比增33.8%；城镇新增就业148万人。2月全国重点零售和餐饮企业销售额比去年春节黄金周增长28.7%。1-2月货物贸易进出口总值同比增长32.2%，其中：出口增长50.1%，进口增长14.5%，贸易顺差6758.6亿元，去年同期为逆差433亿元，进出口实现创纪录增长。3月官方制造业PMI为51.9，前值50.6；非制造业PMI为56.3，前值51.4。两项数据双双回升且超出市场预期，反映了我国制造业仍然运行良好，而非制造业则正从疫情扰动中恢复。从1-2月数据来看地产投资表现略强，但在相关政策引导下，预计将开始逐步回落。流动性方面，央行行长易纲称，中国货币政策始终保持在正常区间，工具手段充足，利率水平适中，在提供流动性和合适的利率水平方面具有空间。货币政策既要关注总量，也要关注结构，加强对重点领域、薄弱环节的定向支持；需要在支持经济增长与防范风险之间平衡。市场方面，第一季度波动幅度较大，其中：上证综指小幅下跌0.90%，创业板指下跌7.0%，中小板指下跌6.86%。分行业来看：钢铁、公用事业、银行涨幅居于前三，分别为15.7%、11.5%、10%；而跌幅大于10%的有通信和非银金融，分别下跌11.4%和12.5%，国防军工跌幅最大，为19.3%。在此期间，本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。在后续的投资运作中，我们的权益部分将保持目前的18%-20%仓位(如遇市值波动、规模变动等因素导致该比例被动超标，管理人将及时予以调整)，权益部分未来会主要投资于在境内和香港联合交易所两地同时上市的沪深A股和港股通标的股票。由于市场特性、上市公司行业特征、投资者结构、流动性、交易成本等方面因素影响，同一企业在境内和香港上市的股价经常存在差异。本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。时间直至2021年12月31日。2021年结束后15工作日内，再决定是否调整策略。","date":"2021-03-30T16:00:00.000Z","declarationDate":"2021-04-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.086Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2021年第一季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=572120","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047225c","stockId":3000000004321,"sao":"2020年面对国内外新冠疫情的复杂环境，政策应对得当、措施有力，实现了全年GDP增速低位企稳在2.3%。其中，第四季度增长6.5%，超出市场预期。从三大需求来看：出口增速迭创新高；在房地产投资和制造业投资的支撑下，固定资产投资增速继续回升；社消零售增速回升但仍偏低。流动性方面，今年整体流动性保持在合理充裕的状态，并且预期逐渐走向稳定。市场方面，全年指数呈上涨趋势，其中：上证综指上涨13.9%，创业板指上涨65.0%，中小板指上涨43.9%。分行业来看：休闲服务、电气设备、食品饮料涨幅居于前三，分别为99.3%、94.7%、85.0%；而纺织服装、建筑装饰、通信和房地产表现垫底，跌幅在-7%~-10%之间。在此期间，本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。在后续的投资运作中，我们的权益部分将保持目前的18%-20%仓位(如遇市值波动、规模变动等因素导致该比例被动超标，管理人将及时予以调整)，权益部分未来会主要投资于在境内和香港联合交易所两地同时上市的沪深A股和港股通标的股票。由于市场特性、上市公司行业特征、投资者结构、流动性、交易成本等方面因素影响，同一企业在境内和香港上市的股价经常存在差异。本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。时间直至2021年12月31日。2021年结束后15工作日内，再决定是否调整策略。","date":"2020-12-30T16:00:00.000Z","declarationDate":"2021-01-21T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.082Z","mo":"2020年四季度经济增长数据的稳定向好，反映出整个宏观经济延续比较高的景气度。然而， 12 月底以来，辽宁、北京、河北、黑龙江等省市相继发生局部疫情，给宏观经济的恢复带来了新的不确定性和风险。展望2021年，我们认为，经济复苏的主要驱动力在内而不在外：一是在盈利持续改善，贷款利率维持低位而信贷持续多增的背景下，制造业投资有望持续回升。二是在就业保持稳定的大背景下，随着居民收入增速的持续回升，以及居民边际消费倾向的逐渐恢复，居民消费，尤其是可选消费，将有望迎来改善。同时，地产公司的拿地、新开工同比增速双双回升，指向需求旺盛对地产投资仍有支撑，地产仍是支撑固定资产投资的主要力量，但未来或将在政策的驱动下将缓步趋冷。流动性方面，2021年经济量上复苏趋势确定，价格或成扰动因素。去年海外货币超发，随着市场乐观情绪，大宗商品价格已经启动通胀交易。海外大宗商品价格上涨将对我国造成输入性通胀，对经济复苏造成障碍。市场方面，在连续几年持续大幅上涨之后，A股核心资产的估值已经处于高位，未来进一步提升的空间有限，需要注意下调风险。2021年宏观流动性可能面临边际收紧的态势，这也会给整体市场估值带来压力。在此背景下，2021年市场整体收益率预计会低于前几年，更需要精选板块和个股。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2020年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=559187","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047225b","stockId":3000000004321,"sao":"2020年第三季度，国内经济受疫情的影响逐渐减弱，需求加速回暖。8月必需消费和可选消费的累计环比为正、同比为负，且当月环比大幅回弹。可选消费当月值基本恢复到接近疫情前水平，必选消费当月值仍大幅低于疫情前水平。8月工业增加值同比为5.6%，较7月抬升0.8 个百分点；8 月固定资产投资同比-0.3%，较7月抬升1.3 个百分点；8 月社会消费品零售总额同比为0.5%，较7月抬升1.6 个百分点；9月新出口订单指数和进口指数分别环比上升1.7 和1.4 个百分点至50.8%和50.4%，均为今年以来首次升至荣枯线以上。9月官方制造业PMI 51.5%，环比回升0.5个百分点。房地产与基建投资自6月以来累计同比增长转负为正，延续上升趋势。而制造业投资完成额累计同比仍为负值，疫情影响尚未消散，回升趋势不如基建与地产，受此拖累，总固定资产投资完成额同比增速依然为负。流动性方面，在央行9月大规模净投放后紧张的局面得到了一定程度缓解。市场方面，第三季度A股市场所有指数均出现小幅的上涨，尤其是前期滞涨的行业开始补涨。其中，上证指数上涨7.82%，创业板指上涨5.6%，中小板指上涨8.19%。分行业来看，休闲服务上涨32.97%、国防军工上涨30.11%、电气设备上涨26.01%、汽车上涨21.23%、食品饮料上涨19.34%，表现亮眼涨幅靠前，而计算机、商业贸易和通信均有小幅下跌，其他行业均有小幅上涨。在此期间，本基金权益仓位较低，主要配置新能源和机械等行业，净值相对稳定。本基金在后续的投资运作中权益部分保持18%-20%仓位，权益部分主要投资于在境内和香港联合交易所两地同时上市的沪深A股和港股通标的股票。由于市场特性、上市公司行业特征、投资者结构、流动性、交易成本等方面因素影响，同一企业在境内和香港上市的股价经常存在差异。本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。时间直至2021年12月31日。2020年二季报披露后60个工作日内完成配置。2021年结束后15个工作日内，再决定是否调整策略。","date":"2020-09-29T16:00:00.000Z","declarationDate":"2020-10-27T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.077Z","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2020年第三季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=489637","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aec7d17fea5b3eb047225a","stockId":3000000004321,"sao":"2020年上半年，国内经济持续受疫情影响，从1月份疫情开始爆发、2月份加深到三月份才趋于稳定，随后进入了经济修复期逐渐向正常方向靠拢。其中，工业生产1、2月份大幅下滑，3、4 月份生产恢复非常快，5 月工业增加值同比为4.4%，同比增速较4 月抬升0.5 个百分点；5 月固定资产投资同比增3.9%，较4 月抬升3.2 个百分点；5 月社会消费品零售总额同比为-2.8%，较4 月抬升4.7 个百分点；5 月出口同比增1.4%，较4 月回落6.7 个百分点；5 月进口同比为-12.7%，较4 月回落2.5 个百分点。6月财新制造业PMI为51.2，为今年以来最高，连续两个月处于扩张区间。受基数影响，汽车同比大幅回落。地产景气继续上行，6月30日当日30大中城市成交面积为119万平米，今年首次单日成交突破100万平米。流动性方面，财政政策宽松，再贷款和降息同时利好中小银行和中小企业。5月央行的M2同比增速为11.1%，是2017年以来的最高值。市场方面，2020年上半年，A股市场年初受疫情影响震荡下跌，3月底开始缓慢修复，2季度涨幅可观并创下年内新高。2020年上半年，上证指数涨跌幅为-2.15%，中小板指上涨20.85%，创业板指上涨35.60%。分行业来看，涨幅靠前的有：医药生物上涨40.28%，休闲服务上涨30.07%，电子上涨24.49%，食品饮料上涨23.28%，计算机上涨21.75%。而钢铁、交通运输、非银金融、银行和采掘下跌十个点以上，跌幅较大。在此期间，本基金主要配置银行等大盘蓝筹股，由于仓位较低，净值整体走势平稳。本基金在后续的投资运作中权益部分保持18%-20%仓位，权益部分主要投资于在境内和香港联合交易所两地同时上市的沪深A股和港股通标的股票。由于市场特性、上市公司行业特征、投资者结构、流动性、交易成本等方面因素影响，同一企业在境内和香港上市的股价经常存在差异。本基金股票投资策略主要运用A股和港股价差投资策略，精选投资于境内和香港联合交易所上市的沪深A股和港股通标的股票中基本面良好、价格差距较大的股份类别，把握价差带来的投资机会。时间直至2021年12月31日。2020年二季报披露后60个工作日内完成配置。2021年结束后15个工作日内，再决定是否调整策略。","date":"2020-06-29T16:00:00.000Z","declarationDate":"2020-07-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:14:57.074Z","mo":"展望下半年，我们对市场持谨慎乐观态度。在2季度市场快速上涨之后，市场将面临估值提升过快和资金短期获利了结的压力。同时今年经济在疫情和国际政治博弈等影响下，仍处于比较疲弱的状态，也不支持股市继续大幅上涨。但是在中国率先走出疫情，经济转型不断推进和深入，综合国力不断增强，外资不断流入中国市场，以及居民财富配置和国家重视资本市场的大背景下，我们仍然看好股市的中长期背景。","fund":{"_id":3000000004321,"stockCode":"004321","stockType":"fund","areaCode":"cn","followedNum":1,"blackenedNum":0,"status":"normal","exchange":"jj","fundType":null,"ipoDate":"2017-02-09T16:00:00.000Z","setUpScale":500003000,"market":"a","tickerId":4321,"custody":"中国建设银行股份有限公司","name":"前海开源沪港深强国产业灵活配置混合型证券投资基金","shortName":"前海开源沪港深强国产业(004321)","fundSecondLevel":"hybrid","__csrcFundId":1466,"fundStatus":"normal","lastUpdated":"2026-04-30T19:10:27.421Z","masterFundFlag":1,"inceptionDate":"2017-02-28T16:00:00.000Z","fundCollectionId":4000050780000,"currency":"CNY","masterFundShortName":"前海开源沪港深强国产业","pinyin":"qhkyhgsqgcylhpzhhxzqtzjj","managers":[{"stockCode":"db20661196","stockType":"fund_manager","exchange":"fm","tickerId":2303193140,"name":"魏淳"}]},"announcement":{"linkText":"前海开源沪港深强国产业灵活配置混合型证券投资基金2020年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=464216","linkType":"PDF","source":"csrc_pdf"}}]}