【 导读 】 南华期货发行H股并在香港上市计划获得中国证监会备案 中国基金报记者 嘉合 9月22日晚间，南华期货发布公告称，该公司发行H股并在香港上市的计划获得中国证监会备 案。这意味着，南华期货赴港上市的计划取得了重要进展。 赴港上市取得了重要进展 南华期货公告表示，该公司正进行申请发行境外上市股份（H股）并在香港联交所主板挂牌上 市的相关工作，于近日收到中国证监会出具的境外发行上市备案通知书，其中拟发行不超过 123,807,500股境外上市普通股于香港联交所上市。 在业内看来，南华期货此次获得中国证监会备案，意味着其港股上市计划取得重要进展，这 也表明该公司目前已经满足境内监管要求，进入下一阶段的境外审批流程。 不过，南华期货公告也指出，上市备案通知书仅对该公司境外发行上市备案信息予以确认。 同时，该公司申请发行境外上市股份（H股）并上市尚需取得香港证券及期货事务监察委员会 和香港联交所等相关监管机构、证券交易所的批准，该事项仍存在不确定性。 公开资料显示，南华期货成立于1996年，于2019年8月在上海证券交易所成功上市。该公司 主要从事商品期货经纪、金融期货经纪、期货投资咨询、资产管理业务、证券投资 ...

【导读】香港交易所："北向互换通"下新增LPR目标利率互换 中国基金报记者 郭玟君 9月22日，香港交易及结算所有限公司（以下简称香港交易所）宣布，为满足境外投资者多元 需求，"北向互换通"下增加以一年期贷款市场报价利率（LPR1Y）为参考利率的利率互换合 约。此外，香港场外结算将现有的人民币不交收利率掉期（CNY NDIRS）合约的最长期限从 5.5年延长至11年。 境外投资者风险管理工具进一步丰富 据香港交易所介绍，在内地和香港两地监管机构的指导与支持下，香港交易所旗下的香港场 外结算有限公司（以下简称香港场外结算）与中国外汇交易中心（以下简称外汇交易中心） 和银行间市场清算所股份有限公司（以下简称上海清算所），于9月22日联手在"北向互换 通"下增加以一年期贷款市场报价利率（LPR1Y）为参考利率的利率互换合约。 此前，香港交易所集团行政总裁陈翊庭在接受记者采访时曾表示："当前许多外资机构都在寻 找美债的替代品，中国国债信誉好、价格稳，其实是很好的选择。但外资机构普遍认为，中 国国债流动性和风险管理工具不够丰富，所以我们要尽快补齐这方面的短板。"上述举措进一 步补齐了香港交易所的短板。 据悉，上述业务推 ...

Core Viewpoint - Huzhou Bank has been fined over 4.27 million yuan for multiple business violations, marking the largest penalty since its establishment [2][3][7]. Summary by Sections Penalty Details - The penalty includes violations of financial statistical management regulations, account management regulations, merchant management regulations, anti-counterfeit currency management regulations, misappropriation of fiscal deposits or funds, violations in credit information collection and management, failure to retain customer identity information and transaction records as required, and failure to report large or suspicious transactions [4][7]. Involved Personnel - Several responsible individuals at Huzhou Bank received penalties, including: - Ye Mouyuan, former General Manager of the Operations Management Department, received a warning and a fine of 50,000 yuan for account management violations. - Jiang Mou, former General Manager of the Retail Banking Department, received a warning and a fine of 50,000 yuan for merchant management violations. - Mo Moufei, former Deputy General Manager of the Operations Management Department, was fined 42,500 yuan for failing to retain customer identity information and transaction records. - Cai Mou, former General Manager of the Legal Compliance Department, was fined 27,500 yuan for failing to report large or suspicious transactions [7]. Financial Performance - As of the end of 2024, Huzhou Bank reported total assets of 162.035 billion yuan, a year-on-year increase of 15.15%. The bank achieved operating income of 3.337 billion yuan and a net profit of 1.086 billion yuan. The non-performing loan ratio stood at 0.98%, with a provision coverage ratio of 363.16% [9]. IPO Progress - Huzhou Bank has been preparing for an IPO since 2019 but has not yet achieved this goal. The bank submitted its listing application in January 2020, but progress has stalled. As of now, the IPO application is still in the "inquired" stage following the implementation of the A-share registration system in March 2023 [9][10]. Regulatory Environment - The recent penalty adds uncertainty to Huzhou Bank's IPO process. The regulatory environment is becoming increasingly stringent, with a focus on "penetrating accountability" and "full coverage" in compliance requirements, particularly for small and medium-sized banks [10].

9月22日，现货黄金再度直线拉升，盘中突破3720美元/盎司高位。截至发稿，现货黄金最高 价达到3728.4美元/盎司，再创新高。 | W | 伦敦金现 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | | SPTAUUSDOZ.IDC | | | | | | | 3722.290 | 昨结 | 3684.650 | | 开盘 | 3686.753 | | | +37.640 | +1.02% 总量(kg) 0.00 | | | 现手 | | 0 | | 最高价 | 3728.400 持 | 0 | 2 | 참 | | O | | 最低价 | 3683.280 壇 仓 | 0 | | | | O | | स्त्रीय | 五日 | | 月K | 电影 | | | | 叠加 | | | | 참□ | | | | 3728.400 | | | 1.19% | 卖1 3722.550 | | 0 | | | | | | 流 | 3722.290 | 0 | | | | | | 20:16 3722.314 0 20:16 3722.400 0 | ...

来源： 央视新闻 超强台风 "桦加沙" 即将到来！ 今年第 18 号台风"桦加沙"（超强台风级）的中心今天（ 22 日 ）17时位于广东省阳江市东偏南方向约 99 0 公里的巴士海峡海面上， 中心附近最大风力 17 级 （ 6 0 米 / 秒）。 中央气象台22日18时发布 台风橙色预警 ：预计，" 桦加沙"将于 23 日凌晨 移入 南海东北部海 面， 将于 24 日 在广东 深圳 到 徐闻 一带沿海登陆 （强台风级或超强台风级， 14-16 级， 45- 52 米 / 秒），登陆后强度逐渐减弱。 大风预报： 22 日 20 时至 23 日 20 时，巴士海峡、南海东 部和北 部 、台湾海峡、台湾以东洋 面、东海 南部 、东沙群岛、浙江沿海、福建沿海、广东 中 东部沿海、珠江口区、台湾岛沿海将有 6 -9 级 大风 、阵风 10-11 级 ，其中，巴士海峡、南海东北部的部分海域风力有 10-13 级、阵风 14-15 级，台风中心经过的附近海域或地区风力可达 14-1 7 级、阵风 17 级以上。 降水预报： 22 日 20 时至 23 日 20 时， 台湾岛中东部 以及 广东东部、 福建东北部、浙江东南部 ...

Core Viewpoint - The article discusses the impact and preparedness measures related to Typhoon "Haikashan," which is expected to be one of the strongest typhoons to affect Shenzhen since 2018, with significant wind speeds and potential for severe weather conditions [2][4]. Group 1: Typhoon Details - Typhoon "Haikashan" is currently located approximately 1060 kilometers from Yangjiang, Guangdong, with maximum wind speeds exceeding 62 meters per second and a minimum central pressure of 910 hPa [2]. - The typhoon is projected to move westward at a speed of 20-25 kilometers per hour, making landfall between Huizhou, Guangdong, and Wenchang, Hainan, on the morning to evening of September 24, with expected wind speeds of 45-52 meters per second [2]. Group 2: Emergency Preparedness - Shenzhen's emergency management has activated response mechanisms, with various departments conducting wind and flood prevention measures [2]. - Recommendations for residents include minimizing unnecessary outings, preparing at least three days' worth of essential supplies, securing windows and balconies, and being ready to evacuate if living in high-risk areas [4]. Group 3: Impact on Population and Education - The city plans to relocate approximately 400,000 individuals from coastal and low-lying areas as a precautionary measure [5]. - All primary and secondary schools, as well as kindergartens in Shenzhen, will suspend classes from September 23 to 24, with similar measures for extracurricular educational institutions [6].

【导读】摩尔线程科创板IPO重磅消息，中芯国际创新高 中国基金报记者 储是 今日，港股三大指数集体下跌。科网股跌多涨少，大金融板块低迷。中芯国际创新高。 三大指数集体下跌 9月22日，港股三大指数集体下跌。截至收盘，恒生指数跌0.76%，报收于26344.14点，恒 生科技指数跌0.58%，国企指数跌1.07%。南向资金今日净流入127亿港元。 | 整体市场 C | | | | --- | --- | --- | | 恒生指数 | 恒生国企 | 恒生科技 | | 26344.14 | 9370.73 | 6257.91 | | -200.96 -0.76% | -101.62 -1.07% | -36.51 -0.58% | | 恒指期货 | 港股通50 | 恒生生物科技 | | O | 3920.21 | 17424.89 | | 0.00% 0 | | -29.17 -0.74% +292.96 +1.71% | | 成交额2905亿 | | 南向资金净买入127亿 | 大金融板块普跌；科网股涨少跌多，大盘表现低迷。伯克希尔清仓比亚迪，比亚迪股份跌超 3%。 盘面上，受摩尔线程科创板IPO重磅利好影响，半 ...

中国基金报记者 邱德坤 9月21日，蔚来公司创始人、董事长兼CEO李斌等高管召开媒体见面会，向中国基金报等媒 体回应了全新ES8售价下探、纯电大三排SUV发展前景、汽车行业网络生态治理等事项。 来源：中国基金报记者拍摄 李斌回应全新ES8售价下探 提示技术、规模、效率整体提升 9月20日晚间，蔚来公司宣布全新ES8整车购买价40.68万元起，采用BaaS电池租用方式购 买价29.88万元起，相比预售价均下降1万元。 【导读】蔚来李斌回应全新ES8售价下探，定价逻辑没有从价格战角度考虑 全新ES8自9月21日起交付，但是其租电版售价下探至30万元以下，引发外界关注蔚来公司 是否在"卷价格"。 对比可见，蔚来公司此前推出第一代ES8售价44.8万元起，第二代ES8售价超50万元。 李斌表示，蔚来公司销售全新ES8有合理毛利，外界不用担心不赚钱，也没有从价格战的角度 去做这个事情。 随即，李斌详细介绍了前两代ES8售价较高的原因：第一代ES8推出时有国补，用户实际购买 价低于40万元；第二代ES8的生产成本较高，包括当时电池价格较高，以及采用多项全球首 发技术。 全新ES8能够给出上述售价的原因，与乐道L90整车购 ...

新闻发布会现场（刘健 摄） 发布会 现场信息量很大，以下是 吴清主席 现场金句： 亮点1："四梁八柱"的法规制度体系建构成型 【导读】 证监会主席吴清 ： 我国资本市场实现 了 量的稳步增长和质的有效提升 中国基金报记者 李树超 王思文 9月22日，证监会主席吴清在国新办举行的"高质量完成'十四五'规划"系列主题新闻发布会上 表示，"十四五"期间，我国资本市场实现了量的稳步增长和质的有效提升，为"十五五"高质 量发展打下了坚实基础。 3. 交易所债券市场产品日趋丰富，公募REITs、科创债、资产证券化等创新品种加快发展。 4. 全市场期货期权品种达到157个，广泛覆盖国民经济主要产业领域，同时还设立广期所， 更好促进绿色发展。 亮点3： 不断健全 投融资相协调的市场功能 1. 资本市场服务科技创新跑出"加速度"，资本市场含"科"量进一步提升。目前A股科技板块 市值占比超过1/4，已明显高于银行、非银金融、房地产行业市值合计占比。 2. 这5年上市公司通过分红、回购派发"红包"合计10.6万亿元。 1 . "十四五"期间，"四 梁八柱"的法规制度体系建构成型。期货和衍生品法、私募基金监管 条例等"十年磨一剑" ...

Core Viewpoint - The bond ETF market in China has reached a significant milestone, with the total scale surpassing 600 billion yuan, indicating rapid growth and structural development in the sector [2][4]. Group 1: Market Growth and Scale - As of September 19, the total scale of bond ETFs in the market reached 607.45 billion yuan, marking a substantial increase from previous years [4]. - The bond ETF market has experienced exponential growth, with a 121% increase from 239.64 billion yuan at the end of 2021 to 529.43 billion yuan at the end of 2022, and further growth to 801.52 billion yuan by the end of 2023 [4][5]. - By May 17, 2024, the scale of bond ETFs exceeded 1 trillion yuan for the first time, and by the end of 2024, it reached 1.74 trillion yuan [4]. Group 2: Product Development - There are currently 25 bond ETFs with a scale exceeding 10 billion yuan, showcasing the emergence of large-scale products in the market [5]. - Notable bond ETFs include the Bosera Convertible Bond ETF and the Hai Fu Tong Short-term Bond ETF, both surpassing 58 billion yuan, and the Fu Guo Government Bond ETF exceeding 45 billion yuan [5][6]. Group 3: Future Prospects - Industry experts believe that the bond market still holds good allocation value, and bond ETFs are expected to continue expanding [8]. - The current market share of bond index funds in pure bond funds is about 15%, while the ETF share in bond index funds is around 34%, indicating significant room for growth compared to the U.S. market [9]. - There is potential for innovation in bond ETFs, particularly in areas such as green bonds and high-yield bond ETFs, which are currently underrepresented [9][10].