china-client-report

china-client-report

Purpose

Create professional A-Share Wealth Management Client Report — performance reports for Chinese wealth management clients.

Data Sources

Primary: iFind MCP (Tier-1 paid) / AkShare MCP (Tier-2 free alternative)

get_index_data("000001")              → 上证指数 benchmark
get_index_data("399006")              → 创业板指 benchmark
get_index_data("000300")              → 沪深300 benchmark
get_quote(ticker)                     → Individual security performance
get_fund_data(fund_code)              → Fund performance

Secondary Sources

• Fund company — fund data
• Wind / Choice — comprehensive market data
• Morningstar China — fund ratings

Workflow

Step 1: Portfolio Snapshot

Client portfolio summary:

Metric	Value	Change
Total AUM (total assets)	¥XX.X万	±X%
Market value	¥XX.X万	±X%
Cash position	¥XX.X万
YTD return	X.XX%
Since inception	X.XX% (annualized)
Benchmark (CSI 300)	X.XX%

Step 2: Performance Attribution

Performance by asset class:

Asset Class	Allocation	Market Value	Period Return	Contribution
A-share stocks	XX%	¥XX	X.XX%	X.XX%
Funds	XX%	¥XX	X.XX%	X.XX%
Bonds	XX%	¥XX	X.XX%	X.XX%
Cash/wealth management	XX%	¥XX	X.XX%	X.XX%
Total	100%		X.XX%

Performance by sector:

Sector	Allocation	Return	Contribution
Consumer	XX%	X.XX%	X.XX%
Technology	XX%	X.XX%	X.XX%
Pharmaceuticals	XX%	X.XX%	X.XX%
Financials	XX%	X.XX%	X.XX%
New energy	XX%	X.XX%	X.XX%
Other	XX%	X.XX%	X.XX%

Step 3: Holdings Review

Top positions:

Security	Ticker	Allocation	Market Value	Period Return	vs Benchmark

Positions with significant changes:

• New positions added
• Positions sold
• Significant gainers (>20%)
• Significant losers (>15%)

Step 4: Market Context

Market environment:

一、市场回顾
   上证指数: [Close] ([Change]%)
   深证成指: [Close] ([Change]%)
   创业板指: [Close] ([Change]%)
   
   市场特征:
   - 成交量: [XX亿]
   - 北向资金: [净买入/净卖出 XX亿]
   - 领涨板块: [List]
   - 领跌板块: [List]

二、宏观要闻
   - [Key macro developments]
   - [Policy changes]
   - [Market-moving events]

Step 5: Commentary

Performance commentary:

一、整体表现
   [Period return, benchmark comparison, attribution summary]

二、主要贡献
   [Top contributors to performance]

三、主要拖累
   [Biggest detractors from performance]

四、操作回顾
   [Trading activity summary]

五、市场展望
   [Brief market outlook]

Step 6: Recommendations

Forward-looking recommendations:

Action	Rationale	Priority
		High / Medium / Low

Step 7: Format & Delivery

Standard Chinese client report format:

【XX财富】客户投资报告 [Period]
客户名称：[Client Name]
报告期：[Period]

一、账户概览
   [Portfolio snapshot table]

二、业绩表现
   [Performance attribution]

三、持仓分析
   [Holdings review]

四、市场回顾
   [Market context]

五、投研观点
   [Commentary]

六、展望与建议
   [Outlook and recommendations]

China-Specific Considerations

Benchmark Selection

Client Profile	Appropriate Benchmark
A-share balanced	CSI 300
A-share growth	ChiNext Index
A-share value	CSI Dividend
Bond-biased mixed	CSI 300 × 60% + China Bond × 40%
Fund portfolio	Weighted fund performance benchmark

Regulatory Disclosures

Required disclosures (China):

• Past performance does not predict future performance
• Investment involves risk; enter the market with caution
• Manager responsibility statement
• Risk level matching (suitability)
• Fee disclosure

Common A-share Client Concerns

Concern	Typical Response
Account loss	Explain market cycle, quality of holdings
Net value fluctuation	Normal for equity investing
Why buy/sell	Investment rationale
Market direction	Tactical positioning
Individual stock risk	Risk management process
Redemption	Liquidity, timing considerations

Quality Checks

Before delivering:

• All holdings accurately reflected
• Performance calculations correct
• Attribution complete
• Market context accurate
• Commentary balanced
• Recommendations appropriate
• Regulatory disclosures included

Data Source Mode Switch: Set env var IFIND_DATA_SOURCE_MODE to control data source preference.

• ifind-only (strict): Use iFind only, error if unavailable
• ifind-fallback (default): iFind preferred, fallback to AkShare
• akshare-only: Skip iFind, use AkShare only