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刚刚,直线拉升!美国,重大宣布!
券商中国· 2025-08-11 02:16
美国大动作 美东时间8月10日,据美国国防部官网,美国国防部战略资本办公室宣布发放首笔直接贷款,用于加强美国工业基础并保护关键矿产供应链。作为国防部与 美国稀土矿所有者和运营商MP Materials于2025年7月达成的更广泛协议的一部分,美国国防部战略资本办公室提供了1.5亿美元(约合人民币11亿元)贷 款。 | | | 事关稀土,美国紧急出手。 美东时间8月10日,美国国防部宣布,向稀土矿所有人MP Materials提供1.5亿美元贷款,用于为MP Materials 位于加州芒廷帕斯的现有加工厂提升重稀土 分离能力。受此影响,MP Materials股价在夜盘交易中直线拉升,一度涨超3%。 MP Materials拥有美国唯一一座正在运营的稀土矿,据其最新披露的财报,今年第二季度,MP Materials的 镨钕 氧化物产量激增近120%,达到创纪录的 597吨,预计第三季度产量将环比增长10%至20%。在一系列利好政策的刺激下,其股价持续飙涨,年内累计涨幅已超过367%。 国防部负责研究与工程的副部长埃米尔·迈克尔表示:"通过这笔贷款,我们正在采取果断行动,恢复国内关键矿产供应链,重振我们的工业基 ...
港股仓位,成制胜秘诀?新老基金合同影响公募业绩格局
券商中国· 2025-08-11 02:16
Core Viewpoint - The differences in fund contracts between new and old products have led to a significant performance divergence in public funds, particularly influenced by the inclusion of Hong Kong stocks in investment strategies [1][2][4]. Group 1: Performance Impact of Fund Contracts - A-shares funds that have incorporated Hong Kong stock investments into their contracts have significantly outperformed the market, with all top 20 A-share funds achieving over 70% returns year-to-date as of August 10 [3]. - The top-performing funds, established mostly after 2018, allow for up to 50% of their stock positions to be allocated to Hong Kong stocks, which has been a key factor in their success [3]. - Conversely, funds that do not permit Hong Kong stock investments have generally underperformed, with over 90% of the bottom 10 A-share funds lacking such provisions in their contracts [3]. Group 2: Manager Performance and Contract Limitations - Star fund managers have shown a stark performance split between their new and old funds, with new funds performing well while older funds lag behind due to restrictive contracts [5][6]. - Many of these older funds, established between 2004 and 2014, do not include Hong Kong stocks in their investment scope, limiting their ability to adapt to market opportunities [6]. - For instance, fund managers like Wu Yuanyi have seen their newer products, which include Hong Kong stocks, perform significantly better than older products that do not [6]. Group 3: Contract Modification Considerations - Modifying fund contracts to include Hong Kong stocks could address performance disparities, but this approach is contentious and not universally beneficial for all fund managers [7][8]. - Some fund managers express reluctance to modify contracts, citing unfamiliarity with the Hong Kong market and potential risks associated with expanding investment scopes [8]. - The decision to modify contracts often depends on the individual fund manager's expertise and investment strategy, leading some firms to prefer launching new Hong Kong-themed funds instead of altering existing contracts [7][8].
央行,最新公告!
券商中国· 2025-08-11 02:16
Core Viewpoint - The People's Bank of China conducted a 7-day reverse repurchase operation amounting to 112 billion yuan at an interest rate of 1.40%, maintaining the previous rate, while net liquidity was withdrawn by 432.8 billion yuan due to the maturity of 544.8 billion yuan in reverse repos [1][3]. Summary by Relevant Sections - **Operation Details** - The operation involved a total bid amount of 112 billion yuan, with the same amount being awarded [3]. - The interest rate for the 7-day reverse repurchase operation remained unchanged at 1.40% [1][3]. - **Liquidity Impact** - A total of 544.8 billion yuan in 7-day reverse repos matured today, leading to a net withdrawal of 432.8 billion yuan from the market [1].
北京通报:局级11人、处级161人,违反中央八项规定精神
券商中国· 2025-08-11 02:16
日前,北京市纪委监委公布今年1月至7月查处违反中央八项规定精神问题统计指标表。截至7月31日,累计查处违反中央八项规定精神问题715起,批评教育帮助和 处理730人,其中局级11人、处级161人、科级及以下558人。 来源:北京日报 责编:罗晓霞 校对:赵燕 在被批评教育帮助和处理的730人中,给予党纪政务处分的569人,其中局级9人、处级97人、科级及以下463人。查处问题类型包括两大类,即形式主义、官僚主义 问题和享乐主义、奢靡之风问题。 | 问题类型 | 级别 | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 形式主义、官僚主义问题 | 享乐主义、奢靡之风问题 | | | | | | | | | | | | | | | | | | | | ...
金融“活水”如何浇灌科技创新“沃土”?银河证券做科技创新的“耐心资本”
券商中国· 2025-08-11 02:16
编者按: 时代之笔擘画新章,金融活水润泽实体。在金融"五篇大文章"铺就的壮阔画卷中,证券业正以创新之墨 挥毫作答。这是服务国家战略的使命担当,更是深化金融供给侧改革的生动实践。证券业以"国之大 者"为经,以"民之关切"做纬,让金融血脉与实体经济同频共振,奏响中国式现代化的资本强音。证券 时报联合中国证券业协会,推出"做好'五篇大文章' 证券业作答进行时"系列专栏, 本篇为系列报道之 十四,敬请垂注。 金融"活水"如何浇灌科技创新"沃土"?银河证券的实践是不仅要提供资金支持,更要通过"投资+投行"的联动 生态,满足客户日益多元化、个性化、精细化的金融需求。 2024年,致力于为人造设施打造硅光神经感知系统的纤传科技,获得了银河证券直投子公司银河创新资本的领 投。该公司彼时尚处发展早期,但银河证券还是被其技术实力和发展潜力所打动。完成领投后,银河创新资本 还积极对接当地招商部门和银行等金融机构,为纤传科技争取更好的扶持政策和银行授信。 这是银河证券做好"科技金融"的一个缩影,也是长期主义价值观与硬科技创新规律的深度耦合。 聚焦科技创新,大力推进相关股债融资 银河证券近年来紧密围绕科技金融进行战略布局,以资本赋能创 ...
创新药十年蝶变!从跟跑到领跑,普通人的财富密码藏在哪?
券商中国· 2025-08-10 23:30
Core Viewpoint - The investment value of innovative drugs is not a short-term pulse but a long-term industrial dividend, with optimal solutions for sharing this dividend through index tools in golden tracks [1] Group 1: Performance of Innovative Drug Indices - Since July, the National Index for Hong Kong Stock Connect Innovative Drugs and the China Securities Innovative Drug Industry Index have reached new highs, with year-to-date increases of 106.7% and 32.3% respectively as of July 31 [2] - The impressive performance of these indices reflects a decade-long transformation of China's innovative drug industry from "follower" to "leader" [2] - Recent inflows into ETFs tracking innovative drug indices have been significant, with a net inflow of 4.26 billion yuan from August 4 to August 8 and over 16 billion yuan since June [2] Group 2: Index Adjustments and Sensitivity - The recent upgrade of the Hong Kong Stock Innovative Drug Index aims to enhance its focus by excluding CXO companies and increasing adjustment frequency from semi-annual to quarterly, effective August 12 [3][4] - This adjustment allows the index to better capture the core drivers of the innovative drug industry, focusing on pharmaceutical companies that lead drug development and hold key patents [3] - The increased adjustment frequency enhances the index's sensitivity, enabling it to quickly identify emerging growth companies in a rapidly evolving market [4] Group 3: Policy Support for Innovative Drugs - The innovative drug industry has received significant policy support this year, with the State Council's 2025 strategic goal to create a globally competitive innovation ecosystem [5] - Multiple regulatory bodies have introduced supportive measures, including optimizing review processes and reopening IPO channels for unprofitable companies [6] - The 2024 medical insurance fund expenditure on innovative drugs is projected to be 3.9 times that of 2020, with an annual growth rate of 40% [7] Group 4: Market Dynamics and Future Outlook - By the end of 2024, China is expected to have 3,575 original innovative drugs in clinical trials, surpassing the U.S. and becoming the global leader [7] - The proportion of first-in-class (FIC) drugs has increased from less than 10% in 2015 to 24% in 2024, indicating a significant enhancement in original innovation capabilities [7] - The innovative drug market in China currently accounts for less than 10% of the total pharmaceutical market, indicating substantial growth potential compared to over 20% in other G20 countries [9] Group 5: Investment Opportunities in Innovative Drugs - The China Securities Innovative Drug Industry Index has shown a year-to-date increase of 32.3%, with significant upside potential remaining [8] - The long-term growth of the innovative drug market is supported by an aging population and increasing demand for treatments for chronic diseases and rare diseases [8] - Investing in ETFs that track the innovative drug sector provides a way to mitigate risks associated with individual stock investments while capitalizing on overall industry growth [9]
集体辞职!*ST赛隆,突然公告!
券商中国· 2025-08-10 23:30
值得一提的是,目前,*ST赛隆第四届董事会共有9名董事。这意味着,*ST赛隆第四届董事会的所有成员均递 交了辞职报告。 集体辞职。 *ST赛隆(002898)8月10日晚间公告称,因公司控制权已发生变更,公司于近日收到董事长兼总裁蔡南桂, 董事唐霖,董事兼常务副总裁刘达文,董事兼副总裁李剑峰,董事、副总裁、董事会秘书张旭,董事邓拥军, 独立董事潘传云,独立董事陈小辛,独立董事李公奋,副总裁王星递交的辞职报告。 其中,蔡南桂申请辞去董事长、董事、总裁、战略决策委员会主任委员职务,辞职后蔡南桂将继续担任公司其 他职务。截至本公告披露日,蔡南桂不存在应履行而未履行的承诺事项。蔡南桂现持有公司股份6751.27万 股,持有公司股东珠海横琴新区赛隆聚智投资有限公司47.23%股权。 *ST赛隆在公告中指出,蔡南桂作为公司创始人、董事长,在任期间对公司的战略决策和合规治理、稳健经营 等方面做出了重大贡献,公司董事会对蔡南桂为公司发展所做出的卓越贡献表示诚挚的敬意和衷心感谢。 此外,唐霖申请辞去董事、战略决策委员会委员、审计委员会委员职务,辞去上述职务后唐霖不再担任公司任 何职务。截至本公告披露日,唐霖不存在应履行而未履行 ...
突然!俄罗斯,遭袭!
券商中国· 2025-08-10 23:30
Group 1 - Ukraine's armed forces conducted a strike on the Saratov oil refinery in Russia, which is a key fuel infrastructure responsible for supplying oil products to the Russian military, with an annual processing capacity of 7 million tons of crude oil [2][3] - The attack occurred just before a planned meeting between US President Trump and Russian President Putin, indicating Ukraine's stance on the upcoming negotiations [2][5] - The strike on the Saratov refinery follows a previous attack on the Ryazan refinery, which is one of Russia's largest, resulting in a significant reduction in its crude oil intake [4] Group 2 - The potential outcomes of the upcoming US-Russia summit may focus on short-term goals such as ceasefire agreements, which could lead to temporary emotional reactions in major asset classes, including a potential decline in geopolitical risk premiums for gold, oil, and the US dollar [2][6] - If substantial breakthroughs are achieved regarding sanctions on Russia, it could have a more significant impact on major assets, particularly in the energy sector, where the restoration of energy supply to Europe remains uncertain [7] - In the metals sector, the lifting of sanctions could lead to expected changes in prices for copper, aluminum, and nickel, while in the grain sector, a ceasefire could result in the lifting of Russia's grain export restrictions [7]
权威升级!53位券商“掌门人”齐聚,中国证券业君鼎奖最强评委阵容曝光
券商中国· 2025-08-10 23:30
权威集结,见证行业标杆! 由证券时报主办的"2025中国证券业君鼎奖"活动正式进入专家评审阶段。本届评委团队汇聚了53位行业顶尖专家,阵容规模创历届之最,涵盖头部券商掌门人、外 资机构代表及中小券商领军者。 这些新晋评委的加入,进一步强化了评委团的多元化背景。他们的专业视角与实践经验,将为活动注入更多维度的考察。此外,外资机构代表——野村东方国际证 券总经理北村充隆亦带来国际市场经验。 欧客家 - 3 to 92 "2025中国证券业君鼎奖"评委阵容既延续权威底蕴,又注入新鲜活力。中金公司董事长陈亮、广发证券董事长林传辉、中国银河证券董事长王晟、国信证券总裁邓 舸、申万宏源证券总裁张剑等评委已连续多年坐镇,以深耕行业的专业积淀为评审活动提供持续支持。 另一大看点是,包括中信证券总经理邹迎光、中信建投总经理金剑华、招商证券总裁朱江涛在内的多名券商新任高管此次也在评委席上首次亮相,为"2025中国证 券业君鼎奖"评审 活动 注入新动能。此外,行业重大并购后的券商高管亦亮相评委团,分别有国泰海通总裁李俊杰、国联民生证券总裁葛小波,以"整合后的战略 视角"为评审 活动 提供协同发展的新维度。 全明星评委阵容揭晓 今年 ...
微信新功能上线!
券商中国· 2025-08-10 23:30
一键"文转图"!微信又有新功能啦 评论想秀?一键转! 茫茫文海和某句话看对眼,试着锁住这段缘分。 选中语句点 「转发」,连句子带文章来源都在图里,分享给朋友也不像纯文字那样被刷走。 当然,如果你 觉得一篇文章的每一个字都难以取舍,也可以保存整篇文章到相册,随时看。点击文章右上角「…」-保存 为图片。 | 快来 | 试试 | 新技能吧! | | --- | --- | --- | | 来源:微信派 | | | | 责编:刘珺宇 | 校对: 陶谦 | | | 百万用户都在看 | | | | 突发!超10万人爆仓,发生了什么? | | | | 利好来了!刚刚,重磅宣布! | | | | 周末突发!俄乌,大消息! | | | | 解散!马斯克,突发! | | | | 违法和不良信息举报电话:0755-83514034 | | | 长按视频号的评论「转发」,评论就会转成图片,还可以点击图片下方的"看原影片",即刻实现跳转观 看。 *苹果用户已全量,安卓用户正在灰度中,请耐心等待~ 文字想"美"?一秒变! 文字也能"装修"一下,秒变趣味图片。 微信输入法的"文字图片"功能,能在输入文字后自动生成各种样式 的图片,背景、字 ...