Core Viewpoint - The company has identified illegal financial activities being conducted by fraudsters using its name and the name of an employee, which severely harms investor rights and the company's reputation [1][3]. Group 1: Illegal Activities - Fraudsters are contacting investors, inviting them to join a WeChat group named "申万趋势为王之门" and encouraging them to download the "密枢云" APP for illegal stock recommendations [1]. - Investors are misled into downloading a non-official trading software "申万e泓发," which claims to allow trading through an internal FICC system, but results in investors being unable to operate or withdraw their funds [1]. Group 2: Company Response - The company emphasizes the importance of not adding unknown QQ numbers or joining suspicious groups, and advises against downloading unverified apps or trading software [3][4]. - Official channels for information and software downloads are provided to help investors avoid scams, including the company's official website and customer service number [3][5]. Group 3: Legal Action and Warnings - The company reserves the right to take legal action against any individuals or institutions impersonating it or its employees in illegal financial activities [3]. - Investors are urged to enhance their risk awareness and ability to identify fraud, and to report any suspected scams to law enforcement [4].

Core Viewpoint - The A-share market remains stable despite tensions in the Middle East, continuing a pattern of slow upward movement amidst trade conflict concerns [1][2]. Market Outlook - The window for tariff events is closing, with a new policy window opening in late June, which may lead to a break in the current consolidation pattern if effective policies are implemented [2]. - The market is currently focused on tariff-related expectations, including U.S. court rulings and potential trade negotiations between China and the U.S. [2]. Hot Sectors - Consumption and healthcare sectors are expected to be key areas of focus, with an emphasis on domestic demand expansion as a priority for 2025 [3]. - The robotics sector is anticipated to grow, with advancements in various types of robots and related technologies [3]. - The semiconductor industry is on a path toward domestic production, with attention on equipment, wafer manufacturing, and IC design [3]. - The military industry is expected to see a rebound in orders by 2025, with signs of recovery in various sub-sectors [3]. - The innovative pharmaceutical sector is entering a growth phase after several years of adjustment, with positive profit growth expected [3]. - The AI sector is poised for new catalysts, particularly with updates from emerging models that are competitive with leading international models [3]. Market Review - The A-share market experienced narrow fluctuations, with previous leaders like innovative pharmaceuticals and banking showing signs of adjustment [4]. - Defensive sectors such as coal, utilities, and oil & gas led the market, indicating a shift in investor preference [4]. - Overall, the market maintained a positive earning effect, with over 2200 stocks rising despite some sectors facing declines [4].

宏源证券 屈由厂宏源ETF实惠尺层 元 以赛促学,玩转ETF投资 报名开始 比赛开始 报名结束 比赛结束 6月18日 8月29日 9月5日 6月12日 赛事背景 2024年资本市场迎来政策红利,ETF凭借分散风险、 易便捷等优势,成为投资者重要选择。 值此机遇, 申万宏源证券携手多家基金公司正式启动第 三届ETF实盘大赛,打造专业实战平台,助力投资者提升 配置能力。新手可学习成长,老手能切磋技艺,共同把握 市场机遇,力争共享投资红利。 主办方 t 春密 助 的 门星动 5大赛事亮点 亮点1 为了帮助ETF投资者迅速补充知识"电量",本次大赛专设【大 咖论市】、【大赛专区投教视频】、【ETF理财课堂】等模 块,一站式帮助投资者了解投教知识。 亮点3 互动有礼、边学边玩 大赛设丰富的互动活动,轻松参与即有机会获得奖励,最高可 得6.66元红包。（每项任务限领1次且红包数量有限,具体以发放页面 显示为准) 亮点4 双赛道竞技、全方面展现实力 本次大赛特别设置【双周达人奖】和【实盘赢家奖】,不同风 格的投资者都能找到适合自己的舞台! 老牌券商底蕴,专业ETF服务 申万宏源证券作为国内历史悠久的综合性券商,凭借深厚的市 ...

Core Viewpoint - The successful issuance of the "Hua Xia Bank Co., Ltd. 2025 Technology Innovation Bond (Phase I)" signifies a strategic move towards enhancing financial services in the technology innovation sector, with a focus on supporting small and medium-sized enterprises and high-tech companies [1] Group 1 - The bond issuance scale is 10 billion yuan, with a term of 5 years and a coupon rate of 1.78%, marking the lowest coupon rate for Hua Xia Bank's financial bonds [1] - This bond is the largest 5-year commercial bank technology innovation bond currently in the market, reflecting the growing emphasis on technology finance [1] - The issuance supports the bank's strategy to strengthen financial services for technology-driven enterprises, contributing to high-quality development of the real economy [1] Group 2 - The bond represents the first collaboration between the company and the issuer, which has been highly recognized by the issuer, solidifying the partnership and enhancing the company's influence in the technology innovation bond sector [1] - The company aims to continue implementing national development strategies and fulfill its mission as a financial central enterprise [1]

Core Viewpoint - The company actively promotes investor education as part of its social responsibility, aiming to enhance national financial literacy and contribute to the healthy development of the capital market [1] Group 1: National Education Curriculum System - The company has developed a layered and progressive national education system that integrates family and school education, focusing on financial literacy for different age groups [2] - In primary and secondary education, the company has created financial literacy courses such as "If Wealth is a Mountain" and "Secrets of the Kingdom of Money," utilizing engaging materials like storybooks and videos to make financial concepts relatable [2] Group 2: Expanding Financial Literacy Initiatives - The "Seedling Plan" financial literacy studio aims to enhance the reach and impact of financial education by training youth volunteers to teach financial concepts in communities and schools [3] - The company has established a partnership with Shanghai Ocean University to create a practical education base, offering courses that combine theory and practice, benefiting over 2,100 students [6] Group 3: Multi-Dimensional Activities in Financial Education - The company has implemented standardized financial literacy courses across over 100 primary and secondary schools, reaching more than 10,000 youth and families through various activities [7] - Collaborations with 224 universities have resulted in over 500 joint activities, providing financial courses to more than 40,000 university students [7] Group 4: Commitment to National Education and Social Responsibility - The company integrates national education with rural revitalization and ethnic unity, focusing on underserved areas and collaborating with leading financial institutions to enhance educational resources [8] - The company's efforts in investor education have been recognized with awards, establishing it as a model for integrating investor education into national education [8]

Group 1 - The external environment is complex and variable, but the A-share market shows resilience. Recent geopolitical events in the Middle East have caused market fluctuations, yet A-shares managed a partial recovery, indicating strength. Domestic economic data for May is being released, and investors are focused on future policy directions and execution effects. Overall, the complex external environment and sufficient domestic policy reserves support the market [1] - The two markets experienced a rebound with decreased trading volume. On Monday, the markets opened lower but gradually rebounded, with the Shanghai Composite Index closing near its daily high, although it did not surpass the five-day moving average. The Shenzhen Component Index's short-term moving averages are converging, waiting for a breakout direction. The trading volume was around 1.2 trillion yuan, a decrease from the previous week, with more stocks rising than falling, particularly in the TMT and real estate sectors. Small and mid-cap stocks led the gains [1] Group 2 - From a market operation perspective, the Shanghai Composite Index is challenging the mid-May high, but technical resistance remains significant. After a downward adjustment in mid-May, the index found support at the 60-day moving average and began to rebound. However, it faced resistance near the mid-May high, indicating strong technical resistance in the trading volume area from last year's fourth quarter and this year's first quarter [2]

一、不要添加陌生人的QQ号，加入来路不明的QQ群、微信群，不听信他人宣传通过扫码或点击链 接随意下载来路不明APP或交易软件，切勿在来路不明的App和交易软件里进行注册操作，在未确 定对方身份的情况下，不轻易涉及资金来往。 二、本公司官方信息发布渠道及软件下载地址如下，请投资者务必通过公司官方渠道获取、查询本 公司信息，防止上当受骗： 1、官方网站：www.swhysc.com 2、官方电话：95523 https://www.swhysc.com/swhysc/serve/download 7、证券经纪业务对外展业信息系统和替代交易方式公示： 申万宏源证券有限公司（以下称"本公司"）近期发现有人冒用本公司及员工"邓虎"等名义向投资者 开展非法金融活动，具体表现为：不法分子致电投资者邀请加其微信并下载聊天软件"密枢 云"APP，将投资者拉入名为"申万趋势为王之门"的聊天群开展非法荐股，诱导投资者下载非官方 渠道交易软件"申万e泓发"，声称可通过内部FICC系统打板，投资者资金转入后无法操作也不能取 出资金。相关活动已涉嫌诈骗。假冒交易软件及聊天群截图如下： 向 下 滑 动 查 看 上述不法行为严重侵害了投资者 ...

申万宏源证券上海分公司 . 以下文章来源于申万宏源证券上海分公司 ，作者李金玲 申万宏源证券上海分公司官微，能为您提供账户开立、软件下载、研究所及投顾资讯等综合服务，为您 的财富保驾护航。 数据速看： 1.主力资金： 近两周主力资金合计净流出1176.07亿元，主力资金净流入的行业为煤炭，主力资金净流 出额前三的行业为计算机、电子和机械设备。 2.融资融券数据： 当前市场融资融券余额为18213.25亿元，较上期上升0.66%，其中融资余额18089.88 亿元，融券余额123.37亿元。本期两融日均交易额为1080.18亿元，较上期上升15.74%，其中融资日均 净买入1075.41亿元，较两周前上升15.77%，融券日均净卖出4.78亿元，较上期上升8.80%。近两周融资 净买入前三的行业分别为医药生物、汽车和食品饮料；融券净卖出前三的行业分别为银行、有色金属和 商贸零售。 3.涨跌情况： 近两周全市场下跌家数高于上涨家数，近两周涨幅前三的行业为有色金属、石油石化和通 信，跌幅前三的行业为食品饮料、家用电器和商贸建筑材料。 4.强弱分析： 近两周全部A股强弱分析得分为5.39，沪深300强弱分析得分5.4 ...

为深入贯彻落实中央金融工作会议精神以及新"国九条"有关要求，更好地搭建上市公 司和投资者沟通交流平台，引导投资者理性认识沪市上市公司投资价值、树立积极行权 意识，上交所持续组织开展"我是股东"投资者走进上市公司活动。2025年，"我是股 东"活动主题持续开展中。 为推动投资者树立股东意识，增进投资者对沪市优质上市公司及相关行业的了解，协助 构建投资者与上市公司面对面交流机制，提升金融服务实体经济效率和水平，促进上市 公司高质量发展，2025年5月27日，上海证券交易所（简称"上交所"）联合申万宏源 证券组织开展"我是股东"走进沪市上市公司活动，带领投资者走进广州发展集团股份 有限公司（证券简称：广州发展，证券代码：600098）。 本次活动由上交所和申万宏源证券投教基地主办，申万宏源证券广州珠江西路营业部和 广州发展承办，共吸引广州、深圳、东莞地区20余名机构投资者和高净值客户积极参 与，以创新形式为投资者提供投教新体验，推动走进上市公司活动走深走实。 活动现场，投资者在投资者关系部总经理、证券事务代表姜云女士的陪同下，参观了属 下燃气集团调度中心和新能源生产运营中心 燃气集团工作人员向投资者介绍广州发展燃气 ...

Core Viewpoint - China Nanshan Development Group successfully issued the "25 Nanshan Development MTN004" bond with a scale of 1 billion yuan and a term of 3+N years, reflecting strong market demand and innovative financing solutions for infrastructure projects [2][3]. Group 1 - The bond issuance was rated AAA by Zhongcheng International, indicating a high level of creditworthiness [2]. - The issuance process saw an oversubscription of 2.5 times, demonstrating investor confidence in both the issuer and the lead underwriter, Shenwan Hongyuan Securities [3]. - Shenwan Hongyuan Securities played a crucial role in the successful issuance by accurately assessing market conditions and optimizing the investor structure [3]. Group 2 - China Nanshan Development Group is actively responding to national policies promoting the development of REITs in the infrastructure sector, showcasing its commitment to innovative financing [2]. - The company aims to explore a development model that integrates infrastructure with technological innovation, indicating a forward-looking strategy for growth [3].