Group 1 - The rapid development of AI chip industry in China is highlighted, with a leading position in edge and endpoint application scenarios, indicating significant market potential [1] - The integration of terminal product applications, software, algorithms, and chips is essential for advancing China's AI chip development [1] - The commercialization of AI applications is expected to create new demands across hardware and software, particularly for a self-controlled industrial chain [1] Group 2 - There is a recognized gap between domestic and international AI chip manufacturing processes and equipment, but there is potential for domestic chips to catch up through system architecture optimization and algorithm innovation [2] - Recommendations for government support include establishing special industrial funds and subsidies for large models using domestic chips, as well as encouraging state-owned enterprises to adopt domestic chips [2] - The establishment of the Jiangsu RISC-V Industrial Alliance, with over 50 participating organizations, aims to enhance collaboration between industry, academia, and research to drive technological innovation and accelerate results [2]

新华财经香港9月17日电（记者林迎楠）香港特区行政长官李家超17日上午在特区立法会发表其任期内 第四份施政报告。他表示，政府会把握世界投资者重新配置资产机遇，巩固国际金融中心地位。 香港股票市场保持强劲，恒生指数自年初已上升超过两成，每日平均成交额接近2500亿港元，较去年接 近翻倍。新股集资额至八月底累计超1300亿港元，同比增长近六倍，位列全球第一。 李家超指出，特区政府会通过"科企专线"协助内地科技企业来港融资，加强对国家建设科技强国的金融 支持；进一步完善主板上市和结构性产品发行机制；研究优化"同股不同权"上市规定；探索缩短股票结 算周期至T+1；推动更多海外企业来港第二上市；协助中概股以香港为首选回归地；推动港股人民币交 易柜台纳入"股票通"南向交易。 在构建国际领先的债券市场及蓬勃的货币市场方面，李家超说，政府会推进巩固香港债券中心地位，提 升金融基建，继续与内地相关机构商讨落实在港推出离岸国债期货，证监会、金管局及港交所将增加市 场接触，鼓励更多企业在港发债，使更多环球资金参与香港债券市场。 香港是全球最大离岸人民币业务枢纽。李家超指出，为增加香港离岸人民币市场的流动性和全球辐射能 力，香港金管 ...

新华财经上海9月17日电 美联储即将开启新一轮降息周期，可能使得部分国际资金流出美国，寻找新的 投资机会。中国股市近期延续上行趋势，各类指数不断切换着创出年内新高。在此背景下，安本投资全 球小盘股投资主管科斯蒂·戴森（Kirsty Desson）接受新华财经专访分享她对于全球以及中国市场后续走 势的看法。 在戴森看来，美联储降息往往伴随全球资金再配置，海外资金有望更多流入新兴市场，尤其是中国市 场。对小盘股而言后续存在丰富和多样化的机会，且随着弱美元周期持续，新货币秩序下人民币资产相 对受益，中国市场正在涌现出一批潜在的全球型投资标的，包括生物科技、消费类应用以及人工智能与 医疗相关领域均值得关注。 全球小盘股强势上涨 2025年以来，小盘股以其稳健的走势成为市场主角，相较于全球大盘股，全球小盘股当前估值具有显著 吸引力。 以美股为例，截至9月15日，反映美国小盘股市场表现的罗素2000指数近一个月涨幅达到4.83%，跑赢 标普500指数2.1%的涨幅。从全球市场看，MSCI全球小型股指数近一个月累计涨幅达到3.67%，三个月 累计涨幅超过11%。 戴森表示，尽管自2025年4月2日以来，美国总统特朗普的一系 ...

新华财经北京9月17日电（记者王艳刚）9月13日傍晚至夜间，北京市出现分散性冰雹天气，北京金融监 管局第一时间调度辖内保险公司，全力做好保险理赔服务。截至9月17日上午8时，北京辖内财险公司此 次冰雹灾害累计受理车险报案4.89万件、估损金额4.09亿元，受灾集中在通州、丰台、大兴等区。 冰雹灾害发生后，北京金融监管局第一时间督促各保险公司严格落实24小时值班值守，畅通报案渠道， 及时响应受灾群众需求，适时启动应急预案，推送冰雹灾害理赔指南，为受灾群众送上暖心服务。 面对激增的理赔需求，辖内财险机构迅速集结理赔查勘人员，开通理赔绿色通道，立即启用北京行业雹 灾车险理赔服务标准，全面落实"三免四快"服务举措，即免现场查勘、免气象证明、免费事故救援和快 速无差别救援、快速定损、快速维修、快速赔付，针对不同客户群体提供差异化服务方案。 北京金融监管局同时提醒广大车主，如您的车辆发生雹灾损失，请及时拨打保险公司报案电话，确认是 否投保相关保险，并在工作人员的指引下办理后续理赔手续，同时鼓励车主选择低碳维修；辖内保险公 司将简化理赔服务流程、统筹保障维修资源，统一标准、有序组织，切实发挥保险经济减震器和社会稳 定器作用 ...

Market Overview - The bond market continued to recover on September 17, with all major government bond futures closing higher, and interbank bond yields declining in the afternoon [1][2] - The People's Bank of China (PBOC) conducted a net injection of 114.5 billion yuan in the open market, while short-term funding rates rose across the board due to tax payment impacts [1][5] Government Bonds - The closing prices for government bond futures were as follows: 30-year main contract up 0.31% at 115.880, 10-year main contract up 0.13% at 108.155, 5-year main contract up 0.10% at 105.890, and 2-year main contract up 0.04% at 102.456 [2] - The yields on major interbank bonds decreased, with the 10-year China Development Bank bond yield down 1 basis point to 1.911%, and the 10-year government bond yield down 1.5 basis points to 1.765% [2] International Bond Markets - In North America, U.S. Treasury yields fell across the board, with the 2-year yield down 3.15 basis points to 3.495% and the 10-year yield down 0.58 basis points to 4.028% [3] - In Asia, Japanese bond yields mostly declined, with the 10-year yield down 1.1 basis points to 1.594% [3] - In the Eurozone, yields on 10-year bonds increased slightly, with French bonds up 1 basis point to 3.486% and German bonds up 0.2 basis points to 2.691% [3] Primary Market - The Ministry of Finance reported weighted average yields for newly issued government bonds: 28-day at 1.1295%, 91-day at 1.2514%, and 20-year at 2.1616%, with bid-to-cover ratios of 3.49, 3.27, and 5.71 respectively [4] Funding Conditions - The PBOC conducted a 7-day reverse repo operation with a total of 418.5 billion yuan at a rate of 1.40%, resulting in a net injection of 114.5 billion yuan after accounting for maturing repos [5] - Short-term Shibor rates rose, with the overnight rate up 4.6 basis points to 1.483% and the 7-day rate up 4.4 basis points to 1.519% [5] Institutional Perspectives - Huatai Securities noted that economic data from August showed continued convergence, with external demand stronger than internal demand, suggesting a potential stabilization in the bond market [7] - CITIC Securities indicated that while August economic data was stable, pressures remain, and the bond market's response to fundamental factors is currently muted [7] - Guosheng Securities highlighted that economic data indicates a further slowdown in supply and demand, suggesting that the bond market may experience fluctuations but is gradually returning to fundamentals [7]

新华财经北京9月17日电 （王媛媛）今日市场全天震荡走强，三大指数探底回升，创业板指涨近2%再 创3年多新高。截至收盘，沪指报3876.34点，涨0.37%，成交10067亿元；深证成指报13215.46点，涨 1.16%，成交13701亿元；创业板指报3147.5点，涨1.95%，成交6683亿元。沪深两市成交额2.38万亿 元，较上一个交易日放量353亿元。 板块方面，光刻机、风电、机器人等板块涨幅居前，贵金属、旅游、猪肉等板块跌幅居前。 盘面热点 盘面上，机器人板块延续强势，再度掀起涨停潮，景兴纸业、长龄液压等十余股涨停，卧龙电驱、三花 智控等多股创历史新高。芯片产业链全天持续走高，中芯国际创历史新高，波长光电、永新光学、利扬 芯片等股快速涨停。电池板块表现活跃，宁德时代创历史新高。下跌方面，贵金属板块集体下挫，西部 黄金大跌。 机构观点 巨丰投顾：周三市场震荡运行，光刻机板块涨幅居前。当前国民经济运行保持总体平稳、稳中有进；美 联储降息周期逐步打开，这将为市场带来情绪和资金利好。未来在政策刺激下，A股与经济有望同步出 现向上的拐点。具体投资方向上，中线建议关注维持高景气度的半导体、消费电子、人工智能、 ...

新华财经北京9月17日电 （胡晨曦）科创50指数9月17日早间低开，随后探底回升，早盘一度涨约 1.5%，午后指数窄幅震荡，最终大幅收涨。至收盘时，科创50指数报1370.43点，涨幅0.91%，指数振幅 为2.94%，总成交额约922.3亿元。 9月17日，科创综指全日收涨0.94%，收于1638.71点，总成交额2515亿元。 从盘面来看，科创板589只个股涨多跌少，高价股、低价股均多数上涨。细分领域来看，半导体股、元 器件股表现强势，医疗保健股、生物制药股跌幅靠前。 经新华财经统计，9月17日，科创板589只个股平均涨幅0.94%，平均换手率3.44%，合计成交额2515亿 元，平均振幅为4.41%。 个股表现方面，兴图新科、利扬芯片、峰岹科技涨停，涨幅靠前；华纳药厂跌7.72%，跌幅居首。 成交额方面，中芯国际成交额178.6亿元，位居首位；ST帕瓦成交额982.8万元，位居末位。 换手率方面，中巨芯换手率为23.44%，位居首位；佰仁医疗换手率为0.25%，位居末位。 （文章来源：新华财经） ...

（文章来源：新华财经） 阿联酋富查伊拉石油工业区最新数据显示，截至9月15日当周，阿联酋富查伊拉港的成品油总库存为 1308.9万桶，较一周前减少293.5万桶。其中轻质馏分油库存减至604.8万桶；中质馏分油库存减至165.1 万桶；重质残渣燃料油库存减至539万桶。 ...

新华财经北京9月17日电 9月以来，聚丙烯市场整体呈现弱势企稳。期货盘面上，聚丙烯主力合约在刷 新逾三个月新低后近几个交易日震荡回升。 展望后市，随着国内聚丙烯装置检修高峰到来，价格能够借势反弹？对此，机构分析认为，目前聚丙烯 （PP）市场来自供应端的支撑减弱，虽然检修对PP市场有托底作用，但预计由此推动的反弹力度或有 限。 据卓创资讯分析师王驰介绍，9月中上旬以来，PP计划外检修装置明显增加，目前国内已有近40套PP装 置停车，涉及产能高达900多万吨。截止到9月15日，国内PP装置停车比例攀升至20.74%，较月初提升 7.82个百分点，供应端压力有所缓解，叠加主要生产企业库存压力不大，短期供应端对PP市场有托底支 撑。 后市来看，王驰进一步说，9月中下旬PP暂无新增产能计划投放，但神华新疆、大庆炼化以及中景石化 三期一线等检修装置计划重启，国内PP装置检修力度预计有所减弱，同时考虑到国庆节前中上游存一 定去库需要，PP市场来自供应端的支撑或有所减弱，市场短期反弹或持续时间相对有限。 （文章来源：新华财经） ...

Core Insights - Japan's exports to the United States have been declining for five consecutive months since April 2023, primarily due to the impact of U.S. tariff policies [1] - In August, Japan's exports to the U.S. fell by 13.8% year-on-year to 1.39 trillion yen (approximately 1.46 billion USD), driven by significant declines in exports of automobiles, construction and mining machinery, and auto parts [1] - The overall export value for Japan in August decreased by 0.1% year-on-year to 8.43 trillion yen, while imports fell by 5.2% to 8.67 trillion yen, resulting in a trade deficit of 242.5 billion yen [1] Industry Impact - Exports of automobiles and auto parts account for about one-third of Japan's total exports to the U.S., indicating a substantial impact from U.S. automotive tariff policies [1] - To mitigate the effects of the tariff policies, some Japanese automakers, such as Toyota, have been forced to lower prices to maintain sales volumes, while others like Mitsubishi and Mazda are reducing exports of lower-margin vehicles to the U.S. and are actively seeking to expand sales in markets outside the U.S. [1]