新华财经新加坡10月31日电（记者刘春涛）日本半导体光掩膜制造商Tekscend Photomask（Tekscend） 31日宣布在新加坡启动新工厂建设，这将是新加坡首个光掩膜制造厂。此举标志着新加坡半导体生态系 统补上了关键一环，有望显著增强本地及区域半导体供应链的韧性。 Tekscend是日本印刷技术巨头凸版控股（TOPPAN Holdings）旗下的核心业务，于2022年分拆独立运 营，是全球光掩膜领域的领军企业之一。光掩膜作为半导体制造中光刻工艺所用的高精度模板，对于将 电路图案转印到硅片上至关重要，是先进芯片制造不可或缺的组件。 目前，新加坡占全球芯片产量的十分之一，以及全球半导体设备产量的五分之一。据经济发展局资料， 自2020年10月以来，新加坡已吸引了26项半导体投资，其中包括格芯（GlobalFoundries）、美光 （Micron）、Siltronic、Soitec和联华电子（UMC）等行业巨头。过去两年，本地半导体业吸引的研发 与制造投资总额已超过180亿新元，预计将带来大量优质的商业与就业机会。 Tekscend总裁二宫照雄在采访中表示，公司目前在全球拥有九个制造厂。此次在新加坡设 ...

新华财经新加坡10月31日电（记者刘春涛）新加坡海峡时报指数31日跌0.2%，收于4428.62点。 股市成交量达19.6亿股，总交易额达14.1亿新元。其中，268只股票上涨，299只股票下跌。 成份股方面，DFI零售集团（DFIRG）和吉宝有限公司（Keppel）涨幅居前，分别上涨3.54%和1.39%。 跌幅居前的星狮物流商产信托（Frasers L&C Trust）和城市发展（CDL）分别下跌2.5%和1.77%。 （文章来源：新华财经） ...

新华财经北京10月31日电（王菁）新华财经31日获悉，"互换通"新增华泰证券、上海银行、星展银行 （中国）三家报价商。 "互换通"是境内外投资者通过内地与香港基础设施机构连接，参与两地金融衍生品市场的机制安排。其 中，交易端由外汇交易中心为境内外投资者提供衍生品交易服务，支持境外投资者通过中国人民银行认 可的境外第三方电子交易平台接入；清算端由上海清算所与香港交易及结算所有限公司旗下的香港场外 结算有限公司（OTCC）通过中央对手方互联方式，共同为境内外投资者提供集中清算服务。 据悉，"互换通"通过交易清算一体化的机制安排，为境内外投资者参与两地金融衍生品市场提供了更为 便捷、高效、安全的渠道。自"互换通"业务上线以来，截至2025年9月末，已有来自15个国家和地区的 103家境内外投资者参与，累计达成交易1.6万笔，名义本金8.58万亿元。 9月25日，中国人民银行邹澜副行长在香港固定收益及货币论坛上宣布，将扩充"互换通"报价商，优化 报价商管理机制。为加快配合"互换通"报价商扩容，进一步提升"互换通"市场活力，相关基础设施及时 完成各项清算准备工作，全力支持"互换通"新增报价商开展业务。 新华财经从上海清 ...

新华财经北京10月31日电（记者高婷、翟卓）10月30日下午，世界银行高级常务副行长阿克塞尔·冯·托 森伯格在2025金融街论坛年会闭幕式上表示，全球经济持续面临逆风，贸易不确定性和波动性导致经济 和商业环境更趋谨慎。 冯·托森伯格还表示，无论是区域内，还是在全球伙伴之间，各国都可以在互联互通中变得更加强大。 （文章来源：新华财经） 在此背景下，冯·托森伯格认为，需要在三个方面采取行动：首先，要投资基础设施建设，包括实体基 础设施以及卫生和教育投资。其次，支持政策和监管改革，建立一个规则清晰、政策确定的友好营商环 境。前两点对鼓励民间资本发展至关重要。第三，减少非关税壁垒，加强区域一体化。让国内和区域贸 易更快捷，通关更简便、规则更清晰，从而实现货物自由流动、企业蓬勃发展、经济共同增长，这其中 蕴藏着尚未开发的重大机遇。 冯·托森伯格表示，近期，全球货物与服务贸易已基本趋于平缓，2024年出口占GDP比重为29%，与 2007年持平。在全球许多地区，区域内贸易仍然有限。例如，非洲和南亚区域内贸易占GDP的比重仍低 于3%，而欧盟则接近25%。随着贸易趋于平缓，流向新兴市场和发展中经济体的外国直接投资已降至 2 ...

Core Viewpoint - The China Interbank Market Dealers Association has revised the "Credit Risk Mitigation Warrant (CRMW) Creation Instruction Manual (2025 Edition)" to promote the standardized development of CRMW business and enhance creation efficiency for market participants [1] Group 1: Revision Details - The revised manual builds on previous guidelines and aims to align with the latest business system requirements [1] - It expands the creation elements of CRMW linked to entities and includes arrangements for inquiry creation and early cancellation [1] - The update optimizes information disclosure and provides additional document templates for market participants [1] Group 2: Future Directions - The association plans to continuously improve the operational mechanism of CRMW business and enhance service levels [1] - The goal is to better serve the needs of the real economy through credit derivatives and promote high-quality market development [1]

Core Insights - National energy investment in China has shown rapid growth, with key projects completing investments of 1.97 trillion yuan in the first eight months of the year, representing an 18.2% year-on-year increase [1] Group 1: Investment Growth Characteristics - Nuclear power, power grids, new energy storage, and coal power have been significant drivers of investment growth in energy projects [1] - Wind power, modern coal chemical industry, oil and gas storage facilities, charging infrastructure, and hydrogen energy investments have seen rapid increases, with wind power investment growing over 40% year-on-year [2] - Solar power generation, integrated energy systems, oil and gas exploration, and pumped storage investments have steadily increased, with solar power project investments rising by 17.5% year-on-year [3] Group 2: Regional Investment Highlights - Six provinces (Shandong, Jiangsu, Guangdong, Xinjiang, Yunnan, Inner Mongolia) each completed investments exceeding 100 billion yuan in the first eight months [1] - Significant investment in wind power projects has been noted in regions such as Xinjiang, Hebei, Guangxi, Shandong, and Hunan [2] - Major oil and gas projects are progressing in the Bohai Sea and Jianghan shale gas fields, with proven reserves of 165 billion cubic meters [3]

Core Insights - The 2025 FinTech Conference, themed "Financial Technology in the Era of Digital Intelligence," was successfully held from October 28 to 30, 2025, in Beijing's Financial Technology Demonstration Zone, attracting over 1,500 attendees, a record high [1][3]. Group 1: Conference Structure and Participation - The conference featured a comprehensive framework consisting of one opening ceremony, five main forums, and five parallel forums, with participation from over 170 guests from government, financial institutions, and academia [1][3]. - A total of 52 significant achievements in the financial technology sector were announced during various activities throughout the conference [1]. Group 2: Focus on Technological Innovation - The conference emphasized the transition of financial technology from being a mere tool to reconstructing ecosystems, highlighting the role of technological innovation in enhancing financial services [3]. - In collaboration with the Beijing Municipal Science and Technology Commission, ten major innovative projects were selected for their significant breakthroughs in innovation and authority, which were showcased in a dedicated session [3]. Group 3: Internationalization and Investment Facilitation - The conference aimed to create an international and professional platform for investment and showcasing, featuring the "FinTech Pioneer Camp" to connect high-growth tech companies with top investment institutions [5]. - A total of five investment matching activities and one industry promotion exchange event were held, with participation from 40 companies in roadshows and 200 companies in industry exchanges, covering sectors such as fintech, AI, digital economy, and new materials [5]. Group 4: Innovation Competition - The 2025 Financial Technology Application Scenario Competition saw a record number of participants, with over 280 projects submitted, nearly doubling from the previous year, showcasing the vibrant innovation landscape in China's fintech sector [6].

Core Insights - The investment conference themed "'Jing' Colorful Appointment, Win-Win Meishan" was held in Beijing, resulting in the signing of 43 projects with a total contract value of 506.04 billion yuan [1] - Meishan City released an investment opportunity list featuring 238 quality projects across key industries and future tracks [1] - The local government aims to develop a leading industrial system centered on new energy and new materials, supported by electronic information, equipment manufacturing, and pharmaceutical food sectors [1] Group 1 - The conference showcased the strength of Meishan's manufacturing sector and its commitment to attracting investment [1] - Major companies such as China Railway Construction, General Consulting, and Xiexin Group signed 15 projects worth 341.81 billion yuan, focusing on various fields including new energy, electronic information, and agricultural processing [1] - Meishan's GDP growth rates for the first three quarters of the year were 7.6%, 7.5%, and 7.1%, respectively, leading the province [1] Group 2 - Meishan has prioritized industrial development and manufacturing, achieving significant results in the "1+3" leading industries [2] - In the new energy and new materials sector, Meishan focuses on lithium batteries, crystalline silicon photovoltaics, and high-end fine chemicals, with leading companies like Tongwei and Wanhua establishing a strong presence [2] - The electronic information industry has developed a new display production base, while the equipment manufacturing sector includes various production bases for transmission components and small compressors [2]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is committed to deepening capital market reforms and expanding high-level financial openness to support high-quality development in line with the spirit of the 20th National Congress of the Communist Party of China [1][2]. Group 1 - The 22nd meeting of the International Advisory Committee of the CSRC was held in Beijing, focusing on innovation, inclusiveness, and openness to better promote high-quality development in the capital market [1]. - Vice Premier He Lifeng emphasized the importance of attracting more foreign financial institutions and long-term capital to invest in China [1]. - Committee members praised the achievements of the 20th National Congress and noted improvements in investor confidence and market resilience since the introduction of a series of measures by the government in September of the previous year [1]. Group 2 - During the 14th Five-Year Plan period, the capital market is expected to play a more proactive role in promoting high-quality economic development in China and providing more opportunities for the world [2]. - Suggestions were made to enhance the coordination between investment and financing functions in the capital market, improve the inclusiveness and adaptability of market systems, and strengthen the roles of bond and futures markets [2]. - The committee also highlighted the importance of leveraging technology to empower the development and regulation of capital markets, advancing high-level institutional openness, and deepening international regulatory cooperation [2].

Core Insights - The green certificate market in China has shown significant growth in both volume and price, with a trading scale of 529 million certificates from January to September, representing a year-on-year increase of 110% [1] - The average trading price of green certificates reached 5.06 yuan per certificate in the third quarter, a 210% increase compared to the first quarter, highlighting the growing environmental value of renewable energy electricity [1] Group 1: Market Mechanism Improvement - The introduction of long-term green power purchase agreements (PPA) has led to a trading scale exceeding 30 billion kilowatt-hours [1] - Breakthroughs in cross-regional green power trading have been achieved by State Grid and Southern Power Grid, with distributed project aggregation reaching 2.8 billion kilowatt-hours [1] Group 2: Expanding Market Demand - The implementation of energy laws has prompted authorities to push for minimum renewable energy consumption targets, enhancing the responsibility for renewable energy electricity consumption [1] - New requirements for renewable energy electricity consumption ratios have been established for key industries such as steel, cement, polysilicon, and newly built data centers [1] Group 3: Increasing Market Recognition - The National Energy Administration has intensified promotional efforts for green certificates, conducting various campaigns across regions [2] - The international green power consumption initiative RE100 has fully recognized Chinese green certificates, marking a significant advancement in their international acceptance and influence [2] Group 4: Future Development Plans - The focus will be on cultivating demand for green certificates and promoting high-quality market development [2] - Plans include revising and expediting the implementation of renewable energy consumption minimum ratio targets and enhancing the trading mechanisms for green certificates [2]