港股市场持续强势，上周，恒生指数创4年来新高，港股主题基金表现突出，年内单位净值涨 幅最高超172%。 多位业内人士表示，市场或呈现明显的牛市特点。无论是内地机构投资者通过港股通南下， 还是海外美元基金回流中国，资金流入港股市场的趋势或已经形成且在持续；看好互联网、 新能源车、AI、创新行业等方向。 【导读】 恒指创四年来新高，港股主题基金年内最高涨超172% 中国基金报记者 曹雯璟 多因素助力港股"大反攻" 上周，港股市场在多方利好因素共同推动下，持续放量上攻。在全球各路资金追捧下，恒指 年内涨超31%，领涨全球主要股指。 与此同时，港股主题基金表现突出。从主动权益类基金来看，张韡管理的汇添富香港优势精 选A以172.12%的年内涨幅领跑，郑宁管理的中银港股通医药A同期单位净值增长率接近 130%，南方港股医药行业A、广发沪港深医药A、前海开源沪港深乐享生活、前海开源沪港 深核心资源A、宝盈医疗健康沪港深A等基金年内单位净值涨幅在70%~95%之间。 被动指数基金方面，广发中证香港创新药ETF今年以来单位净值涨幅达112.04%，万家中证 港股通创新药ETF、汇添富国证港股通创新药ETF、景顺长城中证港股通 ...

Core Viewpoint - The founder of Xibei, Jia Guolong, admitted his mistakes in handling customer relations and expressed a desire to learn from Pang Donglai, emphasizing transparency and customer satisfaction [3]. Group 1: Company Response - Jia Guolong stated that Xibei will adopt a transparent approach moving forward, indicating a shift in strategy to better meet customer expectations [3]. - The phrase "Customers have mistreated me a thousand times, but I treat customers like my first love" reflects a commitment to improving customer service [3]. Group 2: Industry Context - Luo Yonghao announced a pause on the controversy surrounding Xibei, highlighting the anticipation for national regulations on pre-prepared food [4]. - The National Health Commission's draft standards for pre-prepared food have passed expert review and will soon be open for public consultation, marking a significant step towards regulation in the industry [4]. - The upcoming regulations are expected to bring transparency to the use of pre-prepared food in restaurants, allowing consumers to be informed about what they are eating [4].

重塑公募基金销售生态 推动行业高质量发展 中国基金报记者 李树超 方丽 曹雯璟 9月5日，证监会修订发布《公开募集证券投资基金销售费用管理规定（征求意见稿）》（以下简称《规定》），公募基金销售费率改革方 案正式推出。 业内人士表示，此次公募基金销售费率改革将直接降低投资者成本，促进基金行业能力提升，重塑公募基金销售生态，推动行业高质量发 展，构建健康可持续的财富管理生态。 调降认申购费率、销售服务费率 推动行业商业模式重构与生态优化 《规定》明确，降低认申购费率，将股票型基金、混合型基金、债券型基金的认申购费率上限分别调降至0.8%、0.5%、0.3%；规范销售 服务费，将股票型基金和混合型基金、指数型基金和债券型基金、货币市场基金的销售服务费率上限分别调降至0.4%/年、0.2%/年、 0.15%/年。 【导读】 公募基金销售费率改革方案正式推出： 重塑公募基金销售生态，推动行业高质量发展 业内人士表示，此次改革是一次深刻的行业生态重塑，短期阵痛不可避免，依赖传统收费模式和机构业务的销售机构，以及缺乏核心竞争 力的中小基金公司会面临较大转型压力。但长期有助于推动行业商业模式的重构与生态的优化，最终服务于资本 ...

Core Viewpoint - The article discusses the recent escalation of military tensions in Eastern Europe, particularly focusing on Poland's response to drone incursions believed to be from Russia, and the subsequent military mobilizations by NATO countries to bolster defenses in the region [2][4][10]. Summary by Sections Drone Incursion and Military Response - On the night of September 9, multiple drones entered Polish airspace, prompting the Polish military to shoot down some of them. The Polish government attributed the drones to Russia, while Russia denied this claim [2][4]. - Following the drone incident, several NATO countries, including Denmark, France, and Germany, announced the deployment of military aircraft to strengthen NATO's eastern flank. Denmark is sending 2 F-16 fighter jets and a naval vessel, while France is deploying 3 Rafale fighter jets and Germany is sending 4 Eurofighter jets [4][10]. Statements from Officials - U.S. Secretary of State Rubio labeled the drone incident as "unacceptable and dangerous," indicating that the drones were indeed launched intentionally, but it remains unclear if they were specifically targeting Poland [6][7]. - Polish Prime Minister Tusk refuted claims that the drone incident could be a mistake, asserting that it was a deliberate act [9][10]. Military Exercises and Preparations - Poland is conducting its largest military exercise, "Steel Defender-25," involving the deployment of approximately 40,000 troops along its border with Belarus, in response to the perceived threat from the "West-2025" joint military exercises conducted by Russia and Belarus [17][18]. - On September 13, Poland initiated a "preventive" air operation due to the threat of drone attacks from neighboring Ukraine, which lasted for about two hours [14][16]. Regional Implications - Romania also reported a drone incursion, leading to the deployment of fighter jets to intercept the unidentified drone. This incident is viewed as part of a broader pattern of Russian military aggression in the region [20].

事故造成多次列车延误。相关部门已开始调查和通缉嫌疑人员。 来源：央视新闻客户端 当地时间13日，俄罗斯奥廖尔州州长克雷奇科夫通报称，该州相关人员当天在进 行铁路路 段检查时发现多个爆炸装置 ，其中一个发生爆炸，造成2人死亡，1人受伤。 美联储，降息大消息！又要见证历史，A股怎么走？ ...

答： 经中美双方商定，中共中央政治局委员、国务院副总理何立峰将于9月14日至17日率团 赴西班牙与美方举行会谈。双方将讨论美单边关税措施、滥用出口管制及TikTok等经贸问 题。 来源：新华社 中美在西班牙就有关经贸问题举行会谈 当地时间9月14日，中美双方在西班牙马德里就有关经贸问题举行会谈。 此前消息： 9月12日，商务部新闻发言人就中美在西班牙举行会谈事答记者问。 有记者问：美方消息称，美国财长贝森特近日将在西班牙马德里与国务院副总理何立峰举行 会谈，请问商务部可否确认该消息？ 9月12日，商务部新闻发言人就TikTok问题答记者问。 有记者问：据中美发布的有关消息，双方将于9月14日在西班牙举行会谈，并将谈及TikTok 问题，请问商务部可否就此提供进一步的信息？ 答： 对于TikTok问题，中方的立场是明确的、一贯的。中方维护本国企业正当合法权益的决 心坚定不移，将依法依规审批TikTok问题。中国政府高度重视数据隐私与安全，从来没有也 不会要求企业或个人以违反当地法律的方式，为中国政府采集或提供位于外国境内的数据。 近日，经双方商定，中美团队将就TikTok等问题举行会谈。中方敦促美方与中方相向而 ...

来源：中国政府网 再过17天 我们将迎来长假 国庆节和中秋节 大家在期盼假期到来之余 也请注意了 假期前后上班时间有调整 根据国务院办公厅 关于2025年部分节假日安排的通知 国庆节逢中秋节合并放假8天 | V 假期 | | 2025年 V | く 9月 | > > | | 今天 | | --- | --- | --- | --- | --- | --- | --- | | | - | = | 四 | 五 | 六 | 日 | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | | 初十 | +- | 十二 | 十三 | 十四 | 中元节 | 白露 | | 8 | o | 10 | 11 | 12 | 13 | 14 | | 十七 | 十八 | 教师节 | 二十 | 甘一 | 甘二 | 甘三 | | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | 甘四 | 甘五 | 甘六 | 甘七 | 甘八 | 甘九 | 三十 | | 22 | 23 | 24 | 25 | 26 | 27 | 用 28 | | 初一 | 秋分 | 初三 | 初四 | 初五 | 初六 | 初七 | | | | ...

业内人士表示，FISP平台构建了行业统一标准的数字化直销"新基建"，可系统性降低直销运 营成本，为中长期资金入市提供更好的支持，进而推动行业从"渠道依赖惯性"向"直销能力构 建"转型。 FISP平台运作管理办法发布 据悉，FISP平台是证监会授权中国结算建设并运营的行业性服务平台，基金管理人、基金托 管人应当接入FISP平台，并可借助FISP平台开展基金直销业务。中国结算将在证监会督促 下，持续做好FISP平台建设运营工作，不断优化完善平台功能，着力提升服务质量，切实为 广大机构投资者提供更加规范、高效、便捷、优质的服务。 FISP平台通过制定统一业务标准、对接多元主体、汇集行业直销力量，为各类机构投资者投 资公募基金提供集中式、标准化、自动化的"一站式"全流程数据信息交互服务，有效解决了 公募基金行业传统直销业务运营成本高、效率低、风险大等问题，有利于提高行业直销业务 服务水平，更好地支持各类中长期资金入市。 FISP平台的推出是公募基金行业数字化转型的重要一步。 【导读】 FISP平台上线，基金公司积极接入 中国基金报记者 方丽 陆慧婧 为贯彻落实《推动公募基金高质量发展行动方案》，进一步提升服务水平，日 ...

美联储料将降息25个基点 【导读】 美联储即将重启降息， 外资或加速流入中国股市 中国基金报记者 郭玟君 当地时间9月16日至17日，美联储将举行议息会议。目前来看，美联储重启降息几无悬念，这将是自2024年12月以来首次降息。 新的周期，机构投资者更关心哪些问题？全球资产配置策略应如何调整？就此，全球机构投资者展开了讨论。 9月12日，美国8月通胀数据及周度申请失业金人数公布，至此，美联储议息会议前关键经济指标已全部公布。从数据来看，通胀受到关税 政策推动，劳动力市场趋弱。 品浩（PIMCO）董事总经理兼经济学家蒂芙尼·威尔丁（Tiffany Wilding）发布研报称，美联储9月将降息25个基点，50个基点的降幅也 可能在讨论范围内。品浩维持全年累计降息75个基点的预测，核心CPI通胀率到2025年底或上升至3.3%左右。 保德信（PGIM）固定收益副主席、首席全球经济师兼全球宏观经济研究主管达利普·辛格（Daleep Singh）预期，美国的通胀率在2026年 前仍将维持在3%以上，美联储预计将以每次25个基点的渐进式步伐推进降息，直至在明年达到3.0%~3.5%的中性利率区间。 独立性面临挑战 美联储 ...

Core Viewpoint - The rise of public fund mini-programs in China is expected to lead to a stratified development pattern, enhancing user service and reducing reliance on traditional distribution channels [2] Group 1: Mini-Program Features and Trends - The popularity of fund mini-programs is increasing, with companies like E Fund launching features that support comprehensive operations for index products, linking various sales channels [4] - The current trend in the industry shows a focus on more segmented positioning and enhanced trading functionalities to simplify the investment process for users [4][5] - Numerous fund companies have launched mini-programs to meet the diverse financial needs within the WeChat ecosystem, with services ranging from investment advice to real-time market updates [5] Group 2: Pilot Programs for Fund Sales - Several fund companies have received pilot qualifications to conduct fund sales through mini-programs, marking a significant step in the practical implementation of "selling funds via mini-programs" [7] - This development is seen as a way to reduce dependence on distribution channels and lower transaction costs for investors, as they can now purchase funds directly through mini-programs without incurring distribution fees [8] Group 3: Complementarity of Mini-Programs and Apps - The operational costs of developing and maintaining mini-programs are significantly lower than those of traditional apps, making them a more attractive option for fund companies [10] - For most fund companies, especially smaller ones, mini-programs represent a cost-effective solution, while larger firms may adopt a dual approach, using both mini-programs for light engagement and apps for deeper service [10][11] - Mini-programs are viewed as complementary to existing apps, providing quick access and transaction capabilities, while apps offer more comprehensive features and services [11]