8月4日，中国证券报记者从上交所网站获悉，2025年7月A股新开户196.36万户，同比增长70.5%，环比增长 19.27%。截至7月末，今年以来A股已累计新开1456.13万户。 | 日期 | 总数 | A股 | B股 | 基金 | | --- | --- | --- | --- | --- | | 2025.01 | 177.37 | 157.00 | 0.04 | 20.33 | | 2025.02 | 313.77 | 283.59 | 0.04 | 30.14 | | 2025.03 | 348.53 | 306.55 | 0.05 | 41.93 | | 2025.04 | 213.32 | 192.44 | 0.04 | 20.84 | | 2025.05 | 172.77 | 155.56 | 0.04 | 17.17 | | 2025.06 | 184.73 | 164.64 | 0.06 | 20.04 | | 2025.07 | 212.58 | 196.36 | 0.07 | 16.15 | | 2025.08 | 0.00 | 0.00 | 0.00 | 0.00 | | 2025 ...

Core Viewpoint - China Shipbuilding (600150) is progressing with the absorption and merger of China Shipbuilding Industry Corporation (601989), involving a significant restructuring valued in the hundreds of billions [1][8]. Group 1: Shareholder Rights and Pricing - The dissenting shareholders of China Shipbuilding will receive a cash compensation at a price of 30.02 CNY per share for their dissenting shares, while dissenting shareholders of China Heavy Industry will receive 4.03 CNY per share [1][3]. - The implementation date for the dissenting shareholders' rights is set for August 12, 2025, with the trading of shares suspended from August 13, 2025 [4][5]. Group 2: Merger Process and Regulatory Approval - The merger has received approval from the China Securities Regulatory Commission, allowing China Shipbuilding to issue approximately 30.53 billion new shares to absorb China Heavy Industry [8][9]. - Prior approvals from the Shanghai Stock Exchange's M&A Review Committee were also obtained, confirming that the transaction meets restructuring conditions and disclosure requirements [8][9]. Group 3: Post-Merger Structure - Following the merger, China Heavy Industry will be delisted and its legal entity will be canceled, with all assets, liabilities, and operations transferred to China Shipbuilding [9]. - Post-merger, China Shipbuilding's total share capital will be approximately 44.72 billion shares, with China Shipbuilding Group controlling about 49.29% of the new entity [9].

Core Viewpoint - Black Sesame (000716) announced that its controlling shareholder, Guangxi Black Five Food Group, is planning to transfer its shares, which may lead to a change in the company's control [1][4]. Group 1: Share Transfer Announcement - The controlling shareholder is planning to transfer approximately 20% of its shares to a state-owned enterprise in the cultural tourism and health industry in Guangxi [4]. - The company has applied for a trading suspension, effective from August 4, with an expected duration of no more than two trading days [1][4]. Group 2: Financial Performance - In 2024, Black Sesame reported a revenue of 2.465 billion yuan, a year-on-year decrease of 7.92%, while the net profit attributable to shareholders was 77.74 million yuan, an increase of 80.46% [5]. - For the first quarter of 2025, the company achieved a revenue of 442 million yuan, a year-on-year decrease of 3.74%, and a net profit of 2.25 million yuan, a decline of 29.61% [5]. Group 3: Regulatory Issues - The company received a warning letter from the Guangxi Securities Regulatory Bureau due to non-operating fund occupation and irregular external guarantees involving its controlling shareholder and related parties [6]. - Black Sesame has faced issues with corporate governance, including improper roles in shareholder meetings and lack of written records for board meetings [6].

8月4日上午，A股市场震荡分化，三大指数涨跌不一。军工、银行板块上涨，此前强势的创新药板块回调。 上午盘中，军工、商业航天板块携手大涨。长城军工（601606）、国机精工涨停，股价均创历史新高，爱乐达"20CM"涨停。 消息面上，近期商业航天组网进度加速，火箭发射与卫星制造两端未来将共振发力。据航天科技官网消息，近日，星网实现"三天两发"的高密度组网节 奏，创下我国低轨卫星星座连续发射的新纪录。 | 长城军工 | | | | | --- | --- | --- | --- | | 601606 融 沪股通 L1 | | | | | 高 38.83 | | 38.83 市值 281.22亿 量比 1.53 | | | ਵਿ | 35.30 | 流通 281.22亿 | 换 12.47% | | 3.53 10.00% 十 | 35.30 | 市盈 " 亏损 | 额 34.36 Z | | 同花顺 | | | | | 帮诺 将于2025-08-26披露《2025年中报》 | | | | | HK 目K 分时 | | | 电鸟、 五日 | | 均价: 38.06 最新: 38.83 3.53 10.00% | | ...

8月4日上午，A股市场震荡分化，三大指数涨跌不一。军工、银行板块上涨，此前强势的创新药板块回调。 上午盘中，军工、商业航天板块携手大涨。长城军工（601606）（601606）、国机精工（002046）涨停，股价均创历史新高，爱乐达 （300696）"20CM"涨停。 消息面上，近期商业航天组网进度加速，火箭发射与卫星制造两端未来将共振发力。据航天科技（000901）官网消息，近日，星网实现"三天两发"的高密 度组网节奏，创下我国低轨卫星星座连续发射的新纪录。 截至上午收盘，上证指数上涨0.2%，深证成指下跌0.28%，创业板指下跌 0.49%。军工、贵金属、工业互联网、银行等板块涨幅居前，创新药、CPO、离 境退税、辅助生殖等板块跌幅居前。 银行股走强 今天上午，银行股集体走强，农业银行股价盘中创历史新高。 | 全部 | 3日内有涨停 | 连板 连续3日主力净 | | --- | --- | --- | | 名称/代码 | 最新 ◆ | 涨幅 ◆ 5日涨幅 ◆ ▶ | | 青岛银行 | 4.99 | +3.74% +1.01% | | 融 002948 | | | | 沪农商行 | 9.29 | +2.43 ...

8月1日，财政部与国家税务总局发布的关于国债等债券利息收入增值税政策的公告显示，自8月8日起， 对在该日期之后（含当日）新发行的国债、地方政府债券、金融债券的利息收入，恢复征收增值税。对 在该日期之前已发行的国债、地方政府债券、金融债券（包含在8月8日之后续发行的部分）的利息收 入，继续免征增值税直至债券到期。 恢复征收增值税影响几何？老百姓购买国债未来是否也要交税？ Q 适用范围有哪些？ A 自8月8日起，对在该日期之后（含当日）新发行的国债、地方政府债券、金融债券的利息收入，恢复征 收增值税。 上述金融债券，是指依法在中华人民共和国境内设立的金融机构法人在全国银行间和交易所债券市场发 行的、按约定还本付息并由金融机构持有的有价证券。 Q 老百姓购买国债等债券是否要交税？ A Q 恢复征收增值税，向谁收？ A 财通证券（601108）首席经济学家孙彬彬表示，银行等自营机构持有债券产生的利息收入征收6%增值 税，应纳税额＝利息收入/(1+6%)*6%。资管产品（含公募基金等）适用简易计税方法，按照3%的征收 率缴纳增值税，应纳税额＝利息收入/(1+3%)*3%。 Q 对市场影响几何？ A 划重点：之前发的旧债 ...

特别值得一提的是，2024年，陕西省科技型上市后备企业在上交所科创板受理数量位居全国首位。 苏虎超表示，2025年以来，陕西省深化科技金融体制改革，创新完善资本市场发展机制，聚力畅通"教 育—科技—人才"和"科技—产业—金融"两条链路。省政府制定科技金融"五项机制"重点任务清单，省 委金融办出台科技金融50条措施，举办沪、深、北、港交易所培训交流活动，推动多家企业申报上市。 "硬科技"后备企业扩容 近日，《2025陕西上市公司高质量发展报告》发布，陕西省委金融办常务副主任苏虎超表示，近年来， 陕西省发挥科教资源富集、创新实力雄厚优势，抢抓改革机遇，资本市场高质量发展成效显著。伴随逾 500家"硬科技"新晋后备企业亮相，陕西正以"科技-资本"双轮驱动重塑区域经济竞争力。 深化科技金融体制改革 《2025陕西上市公司高质量发展报告》指出，近年来，陕西紧抓国家资本市场改革机遇，上市公司数量 实现跨越式增长。截至2024年末，陕西共有上市公司82家，居全国第15位。 苏虎超表示，自2019年试点注册制以来，陕西新增境内外上市公司42家，其中新增A股上市公司38家， 成为国家多层次资本市场重大改革试点均有企业首批入围的 ...

Core Viewpoint - This week, 32 stocks in the A-share market will face a lock-up expiration, with a total of 3.288 billion shares being unlocked, amounting to a market value of 91.974 billion yuan, which is a week-on-week increase of 4.99% [1][3]. Summary by Category Unlocking Stocks - The stock with the largest unlock market value is Runze Technology, exceeding 51 billion yuan, followed by Jiangbolong with over 13 billion yuan, and Meishi Technology, Runze Technology, Feiwotai, Hongye Futures, and Jiangbolong all seeing their circulating shares increase by over 100% [1][3][6]. Detailed Unlocking Information - Runze Technology will unlock 1.076 billion shares on August 8, 2025, with a market value of 51.821 billion yuan, representing 65.81% of its total shares. Jiangbolong will unlock 155.344 million shares on August 5, 2025, with a market value of 13.649 billion yuan, representing 37.06% of its total shares. Hongye Futures will unlock 431.642 million shares on August 5, 2025, with a market value of 5.145 billion yuan, representing 42.83% of its total shares [3][4][5]. Market Performance - As of August 1, the stock prices of Runze Technology, Jiangbolong, and Hongye Futures have shown respective changes of -2.48%, 0.42%, and -25.41% since July [3][5]. Shareholder Information - The major shareholders of Runze Technology include Jingjinji Runze (Langfang) Digital Information Co., Ltd., and other investment partnerships. The shares being unlocked are primarily from a private placement completed in August 2022 at a price of 18.97 yuan per share [4][5]. Circulating Share Increase - Among the 32 stocks facing unlocking, six stocks will see their unlock share quantity exceed 30% of their total share capital, with Meishi Technology, Runze Technology, Feiwotai, Hongye Futures, Jiangbolong, and Guangliwei having unlock ratios of 70.59%, 65.81%, 62.16%, 42.83%, 37.06%, and 33.40% respectively [7][8].

成立近17年来，华夏香港一直致力于打造一个差异化的中资机构。 金融产品创新，如同"拿着锤子找钉子"，也如同"找准钉子造锤子"的过程。这意味着开拓者要兼具前瞻 视野以定位潜在需求，以及拆解难点、构建创新动能的能力。华夏基金（香港）近年来正是如此践行： 放弃"寻找更好的蜡烛"，选择"点亮电灯"，在新兴赛道上持续破局。 在华夏香港CEO甘添看来，新技术革命对金融业并非锦上添花，而是形态重塑。正如十几年前，在没人 可以想象互联网将以全天候、跨地域、效率革命的线上业态颠覆大众消费习惯时，就有一批科技企业致 力于创新产品改变生活。当下中国香港市场的创新土壤，为资管机构提供了不可多得的战略机遇。华夏 香港作为创新的笃行者，在拥有全面资产类别的背景下，每一阶段性的战略方向都充满前瞻性，打造了 多只全球首发、亚洲首发、中国香港市场首发的产品。 甘添看好离岸人民币债券市场未来三到五年的爆发式增长，华夏香港已抢占布局先机：香港首只以人民 币计价、跨市场、纯投资级别的人民币债券公募基金正是来自华夏香港。甘添预测，离岸人民币资金池 有望在2030年达约5万亿元规模，而点心债（离岸人民币债券）作为核心载体面临历史性机遇。 甘添，华夏基金 ...

Group 1 - Communication ETFs and communication equipment ETFs led the market with weekly gains of 5.64% and 4.57% respectively [4][5] - Four innovative drug-themed ETFs were among the top ten performing ETFs, each with gains exceeding 4% [4][5] - The Kexin Composite Index ETF from Jiashi experienced the largest decline, dropping 14.16% [4][6] Group 2 - Significant capital inflows were observed in two Kexin bond ETFs, with the Hong Kong Securities ETF leading the net inflow rankings [2][7] - The Hong Kong Securities ETF saw a net inflow of over 10 billion yuan in July [7][8] - The total trading volume for the A500 ETF and related products exceeded 120 billion yuan [3][10] Group 3 - The top ten ETFs by net inflow included five Hong Kong ETFs, highlighting strong investor interest in this segment [7][8] - The average daily trading volume for the Hong Kong Securities ETF reached 19.024 billion yuan [9][8] - The trading volume for the Kexin 50 ETF was reported at 32.819 billion yuan [10]