**I. Securities Market Review**

According to data from Nancai Financial Terminal, during last week (September 22-26), the Shanghai Composite Index rose 0.21% to close at 3,828.11 points with a weekly high of 3,866.11 points. The Shenzhen Component Index gained 1.06% to close at 13,209.0 points with a high of 13,529.33 points. The ChiNext Index advanced 1.96% to close at 3,151.53 points with a high of 3,266.0 points.

In global markets, most major indices declined. The Nasdaq Composite fell 0.65%, the Dow Jones Industrial Average dropped 0.15%, and the S&P 500 decreased 0.31%. In the Asia-Pacific region, the Hang Seng Index declined 1.57%, while the Nikkei 225 Index rose 0.69%.

**II. New Stock Issuance**

Two new stocks were issued last week, details are shown in the table below:

**III. Margin Trading and Securities Lending**

The combined margin trading and securities lending balance for the Shanghai and Shenzhen markets reached 2,416.8 billion yuan, including 2,400.398 billion yuan in margin financing balance and 16.402 billion yuan in securities lending balance. The total margin trading balance increased by 26.377 billion yuan compared to the previous week.

By market, the Shanghai market's margin trading balance stood at 1,230.062 billion yuan, up 11.109 billion yuan from the previous week. The Shenzhen market's balance was 1,186.738 billion yuan, increasing by 15.268 billion yuan week-over-week.

Last week, 3,447 individual stocks received margin financing purchases across both markets, with 247 stocks receiving purchases exceeding 1 billion yuan. SMIC, Eoptolink, and Innolight ranked in the top three with purchase amounts of 17.758 billion yuan, 17.023 billion yuan, and 15.642 billion yuan respectively. Details of the top 10 stocks by margin financing purchases are shown in the table below:

**IV. Fund Issuance**

Seventeen new funds were launched last week, including: GF Ganxiang Core Selection Hybrid C, GF Ganxiang Core Selection Hybrid A, Hang Seng Qianhai Hengyu Bond E, Hang Seng Qianhai Hengxiang Pure Bond E, ICBC Ruyi Money Market E, Hang Seng Qianhai Hengyuan Tianli Bond E, Creams Fengrui 6-Month Holding Period Bond A, Creams Ruiyi Xinxiang Hybrid A, Creams Ruiyi Xinxiang Hybrid C, China Merchants China Opportunities Stock C, Creams Fengrui 6-Month Holding Period Bond C, Southern Xingli Semi-Annual Open Bond Inception C, Morgan Stanley Lingdong Optimal Selection Bond E, CITIC Construction Investment Value Growth Hybrid C, CICC Advantage Navigator One-Year Holding Hybrid C, CITIC Construction Investment Value Growth Hybrid A, and CICC Advantage Navigator One-Year Holding Hybrid A. Details are shown in the table below:

**V. Listed Company Buyback Amounts**

Eight buyback execution announcements were initiated last week, with the top 5 announcements by execution amount being:

By initial execution amount across different industries, the top 3 industries were: pharmaceuticals and biotechnology, construction materials, and basic chemicals. Details are shown in the chart below: