中信证券（600030）(600030.SH)发布公告，日前，公司收到中国证监会《关于同意中信证券股份有限 公司向专业投资者公开发行短期公司债券注册的批复》(证监许可〔2025〕2415号)。据此批复，公司可 以向专业投资者公开发行面值余额不超过500亿元短期公司债券。此批复自同意注册之日起24个月内有 效，公司在注册有效期内可以分期发行。 ...

Core Viewpoint - CITIC Securities has received approval from the China Securities Regulatory Commission to publicly issue short-term corporate bonds with a total face value of up to 50 billion yuan [1] Group 1 - The approval allows CITIC Securities to issue bonds specifically to professional investors [1] - The registered bonds can be issued in tranches within a validity period of 24 months from the date of approval [1] - The maximum face value of the bonds is set at 50 billion yuan [1]

Core Points - The company has received approval from the China Securities Regulatory Commission to publicly issue short-term corporate bonds with a face value of up to 50 billion yuan [1] - The approval is valid for 24 months from the date of registration, allowing the company to issue the bonds in installments during this period [1] - The company's board of directors and management will implement the bond issuance in accordance with the authorization from the 2023 annual general meeting [1]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 格隆汇11月11日丨中信证券(600030.SH)公布，日前，公司收到中国证监会《关于同意中信证券股份有 限公司向专业投资者公开发行短期公司债券注册的批复》（证监许可〔2025〕2415号）。据此批复，公 司可以向专业投资者公开发行面值余额不超过500亿元短期公司债券。此批复自同意注册之日起24个月 内有效，公司在注册有效期内可以分期发行。 ...

格隆汇11月11日丨中信证券(600030.SH)公布，日前，公司收到中国证监会《关于同意中信证券股份有 限公司向专业投资者公开发行短期公司债券注册的批复》（证监许可〔2025〕2415号）。据此批复，公 司可以向专业投资者公开发行面值余额不超过500亿元短期公司债券。此批复自同意注册之日起24个月 内有效，公司在注册有效期内可以分期发行。 ...

Core Points - The stock of Jingwei Hirain Technologies (688326.SH) closed at 97.75 yuan, with a decline of 2.48%, indicating it is currently in a broken state [1] - Jingwei Hirain was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on April 19, 2022, with an initial offering price of 121.00 yuan per share and issued 30 million shares, accounting for 25% of the total share capital post-issuance [1] - The total amount raised during the IPO was 363 million yuan, with a net amount of 348.8 million yuan after deducting issuance costs, which was 151.2 million yuan less than the original plan [1] - The company aimed to raise 500 million yuan for various projects, including the automotive electronics production base in Nantong, the R&D center in Tianjin, digital capability enhancement, and working capital [1] - The lead underwriter for the IPO was CITIC Securities Co., Ltd., with representatives Song Yongxin and Liu Xiao, while Huaxing Securities Co., Ltd. acted as a co-underwriter [1] - The total issuance costs amounted to 14.2 million yuan, with CITIC Securities and Huaxing Securities receiving underwriting fees of 10.4 million yuan [1]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 此外，构建现代化产业体系是重要的政策方向，或将在以"反内卷"重塑制造业利润增长的基础上，推动 各类要素向制造业汇聚。其关键在于坚持市场化管理，规范产能、价格、能耗等标准，解决制造业占比 和利润问题，培育新兴产业，形成中国经济新的增长引擎。 杨帆强调，随着中国对非美国家竞争力增强，企业和外资对中国市场认知度提高。未来新旧产业动能转 换显著，新基建、科技创新将成为增长亮点，高线城市房价收入和股市情况也会影响高价值消费。在财 政与货币政策适时加力下，宏观经济将呈结构分化下的温和修复态势。 专题：中信证券2026年资本市场年会 11月11日至13日，中信证券2026年资本市场年会在深圳举办。会议以"奋进新征程"为主题，邀请百余位 顶尖学者、产业专家、企业和投资代表进行论坛演讲，多家备受市场关注的上市公司，以及业内公募基 金、私募基金、保险资管、银行理财、海外投资机构受邀参会。 大会首日，中信证券宏观与政策首席分析师杨帆对2026年中国政策作出展望。她表示，2025年中美关系 依然复杂，技术生态、科技领域存在持续且不可控的竞争，2026年发展机遇 ...

Core Viewpoint - The 2026 Capital Market Conference hosted by CITIC Securities emphasizes the transformation of A-share companies from local to global players, highlighting the importance of global market positioning over domestic economic reliance [1] Group 1: Market Trends - A-share companies are increasingly becoming multinational, with sectors like new energy, resources, and culture gaining competitiveness from global market positions [1] - The current A-share market structure shows a shift towards absolute return-focused funds, which demand high risk and low elasticity, contrasting with traditional subjective long positions [1] - The diversification of information in the self-media era has reduced the influence of traditional channels on market sentiment, reflecting the adaptation of the A-share ecosystem to contemporary developments [1] Group 2: Industry Allocation - The first focus area is the quality upgrade of resource and traditional manufacturing industries, where Chinese manufacturing can leverage technology and R&D investments to enhance pricing power and profits [2] - The second focus is on Chinese companies' globalization, with initial investment opportunities in automotive and machinery sectors, now shifting towards consumer goods, energy-related, and TMT sectors during the accelerated overseas penetration phase [2] - The third focus is on the demand growth driven by new AI application scenarios, where the technology sector faces challenges of concentrated holdings and commercialization uncertainties, but future systemic trends will depend on new application developments [2]

Group 1 - The 2026 Capital Markets Conference hosted by CITIC Securities took place in Shenzhen from November 11 to 13, focusing on the theme "Striving for a New Journey" and featuring over a hundred top scholars, industry experts, and representatives from various investment sectors [1] - CITIC Securities' chief economist Mingming projected a GDP growth rate of 4.9% for China in 2025, with stronger growth anticipated in 2026, driven by fiscal expansion and improved local government finances [1] - Domestic consumption growth is expected to reach 3.9% in 2025, with an average growth rate of 4%-5% in 2026, supported by key industries such as automobiles, home appliances, and mobile phones [1] Group 2 - China's manufacturing value-added accounts for 26% of its economy, significantly higher than the 10% in the United States, indicating a relative lag in certain sectors [1] - Infrastructure investment growth is projected at approximately 3% in 2025, with an increase to 4% in 2026, highlighting the importance of policy support for infrastructure development [1] - The economic competition indicators between China and the U.S. are narrowing, with significant disparities in inflation, policy rates, and innovation metrics [2]

格隆汇11月11日｜国海证券研报指出，中信证券第三季度归母净利润94.40亿元，同比增长51.54%。业 绩增长显著提速，资产规模突破2万亿元。证券业务市占率持续提升。首次覆盖公司，给予"买入"评 级。利润方面表现优秀。公司第三季度利润总额为126.29亿元，同比增长58.39%；年初至三季度末累计 利润总额303.75亿元，同比增长38.54%。归属于母公司股东的净利润分别为94.40亿元和231.59亿元，同 比增长51.54%和37.86%。表明公司主营业务盈利能力显著增强。证券业务市占率持续提升。受益于 2025Q3资本市场的回暖，中信证券融出资金额达1917亿元，较2024年末上涨38.59%；代理买卖证券款 达5061亿元，较2024年末上涨39.63%。根据我们测算，2025Q3中信证券的两融业务市占率为8.01%，相 比2024年末提高了0.59个百分点。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ ...