来源： 央视新闻微信公众 号 9月2日，来华出席纪念中国人民抗日战争暨世界反法西斯战争胜利80周年活动的朝鲜劳动党总书 记、国务委员长金正恩抵达北京。 les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 ...

【导读】财政部、税务总局发布《关于划转充实社保基金国有股权及现金收益运作管理税收 政策的通知》 中国基金报记者 晨曦 9月2日，财政部官网显示，财政部、税务总局联合发布《关于划转充实社保基金国有股权及 现金收益运作管理税收政策的通知》（以下简称《通知》）。 为支持划转充实社保基金国有股权及现金收益运作管理， 《通知》给出以下税收政策： 一、对承接主体在运用划转的国有股权和现金收益投资过程中，贷款服务取得的全部利息及 利息性质的收入和金融商品转让收入，免征增值税。 二、将转让划转的国有股权及现金收益投资取得的收入，作为企业所得税不征税收入。 近期，中银国际证券首席经济学家徐高在公开活动中表示，现阶段，通过加大国有资本向社 保基金划转，将国有资本回报更多导向低收入群体，这在短期内对提振消费产生立竿见影的 效果，长期来看也符合经济结构转型方向。 编辑：江右 四、 对承接主体转让划转的上市公司国有股权，以及运用现金收益买卖证券应缴纳的证券交 易印花税，实行先征后返。 《 通知 》 所称 " 承接主体 "， 是指《国务院关于印发划转部分国有资本充实社保基金实施 方案的通知》（国发〔2017〕49号）规定的负责国有股权及 ...

Core Viewpoint - The article highlights the successful launch of the招商均衡优选混合 fund, which raised over 70 billion RMB on its first day, exceeding its set limit of 50 billion RMB, indicating strong investor interest in equity funds as the A-share market recovers [2][3][5][6]. Fund Launch and Performance - The招商均衡优选混合 fund officially started its offering on September 2, with an initial subscription deadline set for September 12 [5]. - The fund's management proactively set a fundraising cap of 50 billion RMB to protect investor interests and ensure effective risk management [6][5]. - As the fundraising approached the cap, the fund implemented a proportional allocation method to control the total size effectively [5][6]. Market Context - The recent positive performance of the capital market has led to increased investor enthusiasm for equity assets, contributing to a general recovery in the issuance of equity funds [6]. - The article notes that the热销 of招商均衡优选混合 is part of a broader trend, with multiple equity products experiencing significant demand, particularly those managed by well-known fund managers [9]. Fundraising Statistics - Since August, over 10 actively managed equity funds have raised more than 10 billion RMB, with some exceeding 20 billion RMB [10]. - Notable funds include 易方达价值回报 and 中欧核心智选, both of which surpassed 20 billion RMB in fundraising and concluded their offerings early [10]. - In August alone, 140 new funds were established, totaling 1,020.22 billion units issued, with equity funds accounting for 615.47 billion units, representing 60.33% of the total, marking a monthly record for the year [11].

【导读】人形机器人概念刺激，力劲科技尾盘拉升 中国基金报记者 格林 9月2日，港股 回调。 截至收盘， 恒生指数跌0.47%，报25496.55点，恒生科技指数跌1.22%，恒生中国企业指数跌0.15%。全日大市 成交额为3281亿港元，较前一日缩量，南向资金净买入92.81亿港元。值得注意的是，恒生生物科技指数逆市翻红，收涨0.13%，年内涨 幅为104.17%。 | 序号 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | 成交额 | 年初至今 序号 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | HSI | 恒生指数 | 25496.55c | -120.87 | -0.47% | 3281亿 | 27.10% 1 | | 2 | HSTECH | 恒生科技 | 5728.46c | -70.50 | -1.22% | 1023亿 | 28.21% 2 | | 3 | HSHKBIO | 恒生生物科技 | 17601.79c | 23.12 | 0.13% | 275亿 | 104.17% 3 | | 4 | HSCEI | 恒生中 ...

Core Viewpoint - In August 2025, the number of new individual investor accounts in A-shares reached 2.6503 million, representing a year-on-year increase of 165% and a month-on-month increase of 34.97% compared to July 2025 [2][4][5]. Summary by Sections New Account Data - The total number of new accounts in August 2025 was 2.8337 million, with 2.6404 million from individual investors and 0.0997 million from institutional investors [5][6]. - Compared to August 2024, which had 1.00 million new accounts, the increase in August 2025 was significant, marking a 165% rise [6]. Monthly Trends - Monthly data shows fluctuations in new account openings: January 2025 had 1.5737 million, February saw a surge to 3.1377 million, and March exceeded 3.4853 million. April experienced a decline of 37.22%, while July saw a recovery with 2.1258 million new accounts [3][6]. - The August 2025 figure of 2.6503 million is notably higher than the 1.00 million recorded in August 2024, indicating a strong upward trend in investor engagement [6]. Market Activity and Broker Strategies - The A-share market showed strong performance in August 2025, with the Shanghai Composite Index rising by 7.97%, the Shenzhen Component Index by 15.32%, and the ChiNext Index by 24.13% [9]. - Increased market activity has led brokers to enhance their customer acquisition strategies, utilizing both direct channels and third-party platforms to capture new investors [9][10]. - Several brokerage firms reported growth in new accounts for the first half of 2025, with notable increases in client numbers and assets under management [10]. For instance, CITIC Securities reported 830,800 new clients, a 12.98% increase year-on-year, while Shenwan Hongyuan Securities noted a 15.54% rise with 510,000 new clients [10].

【导读】 宇树科技 ： 预计在 今年 10月至12月向证券交易所提交IPO申请 中国基金报记者 张舟 9月2日下午，国内机器人领域头部企业 宇树科技 通过 社交媒体平台X上发帖， 正式披露公司上市筹备进展。 宇树科技称， 预计在 今年 10月至12月 期间， 向证券交易所提交IPO申请。 回溯宇树科技的"上市之路"，公司于今年7月开启IPO辅导。 在8月9日举办的2025世界机器人大会现场，宇树科技创始人、CEO王兴兴曾谈及公司上市进程。他将公司上市比作高考，称"是企业迈向 更成熟的管理、更成熟的运营一个阶段性的事情，也是对我们过去九年多时间的一个交代， 也是对股东的交代 "。 对于人形机器人未来增长前景，王兴兴曾预测，未来几年全行业人形机器人出货量将保持每年翻番。若有技术突破，2到3年内年出货量可 能达几十万甚至上百万台。 宇树科技 在公告中进一步说明，目前公司正积极筹备IPO，预计将在2025年10月至12月期间向证券交易所提交文件，届时公司的相关经营 数据将正式公布。 从已披露的业务布局来看，宇树科技 四足机器人和人形机器人分别占 总 销售额的65%和30%。更多细节将在IPO文件中披露。 版权声明 授 ...

履新国信证券之前， 荀玉根曾担任海通证券首席经济学家、研究所所长，海通证券和国泰君安合并后，担任国泰海通证券首席经济学家、 政策和产业研究院联席院长、博士后工作站办公室主任。 资料显示， 荀玉根是经济学博士，注册国际投资分析师，累计获 评20次 全国最佳分析师，是新财富、水晶球、金牛奖等各类最佳分析师 评选大满贯得主，其中新财富最佳分析师评选七连冠，获白金分析师称号， 有 专著《荀玉根讲策略：少即是多》。 荀玉根深耕证券研究18年，具有丰富的研究和管理经验 。 业内预计， 荀玉根带领团队将国信 证券 的研究业务 进一步 做大做强。 国信证券研究新变化值得关注 据了解， 国信证券 经济研究所 拥有一支由200多人组成的研究服务团队，研究力量覆盖符合中国经济发展方向的战略性新兴产业、大消费 行业及宏观、策略、金融工程、固定收益等领域，在社会服务、固定收益、汽车、银行、通信、电子、房地产、医药生物等领域的研究实 力处于行业领先水平。国信证券经济研究所在业内率先实行首席行业分析师制度，搭建起强大的证券研究团队，实现了向标准卖方研究模 式的转型，在业内保持较高的知名度和影响力。自2016年以来，国信证券经济研究所把握中 ...

Core Viewpoint - The article discusses the significant decline in European assets, particularly in the UK, amidst growing concerns over the economic outlook and fiscal challenges facing the government [1][12]. Market Performance - On September 2, European markets experienced widespread declines, with the UK FTSE 100 down by 0.39%, Germany's DAX30 down by 0.92%, and Spain's IBEX35 down by 1.04% [2]. - The dollar index rose by 0.53%, while the British pound fell by 0.85%, marking its largest single-day drop in two months [3][4]. Bond Market Dynamics - The yield on 30-year UK government bonds reached its highest level since 1998, reflecting increasing debt concerns [7]. - The global bond market saw a general decline, with the 30-year US Treasury yield rising by 4 basis points to 4.97% [9]. Economic Concerns - There are rising worries about the UK economy, with pressure on the Chancellor to find ways to cut spending or raise taxes to improve the precarious fiscal situation [12]. - Analysts suggest that tax increases are inevitable, but further tax hikes may be counterproductive, leading to a bearish outlook on the UK long-term bonds [12][13]. Government Fiscal Strategy - The UK government is under pressure to adhere to fiscal rules that require daily spending to be covered by tax revenue, with borrowing only for investment purposes [13]. - If the government fails to restore confidence in public finances, it may face a crisis similar to the aftermath of the "mini-budget" three years ago [13].

【 导读 】 8月以来，腾讯连续11日累计回购超60亿港元，居同期第一 中国基金报记者 储是 8月18日起 ，腾讯已连续 11 个交易日实施回购， 累计回购60.57亿港元，居同期第一。拉长时间，2025年年内，腾讯累计回购金额仍居 同期第一，互联网和金融头部公司仍是港股回购主力。 腾讯开启新一轮回购，连续11日累计回购超60亿港元 在 财报 "静默期"结束后，腾讯控股 开启新一轮回购。 wind数据显示，进入8月，8月18日至9月1 日，腾讯已连续 11 个交易日实施回购， 累计回购60.57亿港元，每笔回购金额约为5.5亿港 元。 本轮连续回购前，8月13日盘后，腾讯公布了二季报，营利双增。数据显示，第二季度，腾讯营收同比增长15%至1845亿元，超出市场预 估的1789.4亿元；经营利润为692.5亿元，同比增长18%。 8月14日，腾讯盘中再度突破了600港元/股。截至9月2日，今年以来，腾讯股价涨幅为45.26%，超过2024年全年股价涨幅 （43.26%）。 中国基金报记者注意到，相较于2024年，腾讯2025年的回购力度有所减弱。2024年，腾讯全年累计回购1120亿港元的公司股票。截至目 前， ...

Core Viewpoint - The announcement of the passing of Zhao Jianyong, the legal representative and chairman of Huaneng New Energy, indicates a significant leadership change within the company, but it reassures that the company's operations will not be affected [1][2][3]. Group 1: Company Leadership - Zhao Jianyong passed away on August 30, 2025, due to illness [2][3]. - The daily operations of the company will be overseen by Shi Guanhai, the director and general manager, according to Huaneng Group and company regulations [2][3]. - The company confirms that Zhao Jianyong's death will not reduce the number of board members below the legal requirement, ensuring the normal functioning of the board [3]. Group 2: Company Background - Huaneng New Energy, established in 2002, is a specialized entity under China Huaneng Group focused on the development of renewable energy [5]. - The company has invested in and operates renewable energy projects, including wind and solar power, across 28 provinces, autonomous regions, and municipalities in China, with a total installed capacity exceeding 35 million kilowatts [5]. - Huaneng New Energy's total assets exceed 200 billion yuan, and it ranks first among China's five major power generation groups in terms of power generation utilization hours and profitability per kilowatt [5].