9月17日，华泰证券跌0.10%，成交额18.17亿元。两融数据显示，当日华泰证券获融资买入额3.07亿 元，融资偿还2.02亿元，融资净买入1.05亿元。截至9月17日，华泰证券融资融券余额合计73.97亿元。 融资方面，华泰证券当日融资买入3.07亿元。当前融资余额73.91亿元，占流通市值的4.99%，融资余额 超过近一年90%分位水平，处于高位。 融券方面，华泰证券9月17日融券偿还4.86万股，融券卖出4.64万股，按当日收盘价计算，卖出金额 94.05万元；融券余量30.15万股，融券余额611.14万元，低于近一年40%分位水平，处于较低位。 截至6月30日，华泰证券股东户数21.01万，较上期减少6.11%；人均流通股35836股，较上期增加 0.00%。2025年1月-6月，华泰证券实现营业收入0.00元；归母净利润75.49亿元，同比增长42.16%。 分红方面，华泰证券A股上市后累计派现415.39亿元。近三年，累计派现126.40亿元。 机构持仓方面，截止2025年6月30日，华泰证券十大流通股东中，香港中央结算有限公司位居第三大流 通股东，持股5.50亿股，相比上期增加2039.93 ...

在今天的券商晨会上，中金公司表示，美联储在供给症结下克制降息;中信证券预计，美联储将在10月 和12月议息会议上分别再次降息25bps;华泰证券提出，传媒行业获政策持续支持，IP+内容赋能线下消 费。 中金公司：美联储在供给症结下克制降息 中金公司指出，美联储9月降息25个基点，符合市场预期。美联储较好回应了市场的关切，但也保持了 克制。此前期待的降息50个基点并未出现，决策者对于下一步降息存在较大分歧。往前看，由于就业数 据过于疲软，预计联储或将于10月再次降息，但在这之后，通胀升温将使降息门槛越来越高，货币宽松 空间也将受限。当前美国经济的症结并非需求不足，而是成本上升。过度的货币宽松非但无法解决就业 问题，反而可能加剧通胀，使经济陷入"类滞胀"困境。 市场昨日全天震荡走强，三大指数探底回升。沪深两市成交额2.38万亿，较上一个交易日放量353亿。 板块方面，光刻机、风电、机器人等板块涨幅居前，贵金属、旅游、猪肉等板块跌幅居前。截至昨日收 盘，沪指涨0.37%，深成指涨1.16%，创业板指涨1.95%。 中信证券表示，美联储2025年9月议息会议降息25bps，符合市场预期。鲍威尔表示这是一次风险管理式 ...

人民财讯9月18日电，华泰证券研报称，9月16日，商务部等9部门印发《关于扩大服务消费的若干政策 措施》的通知，提出五方面19条举措，其中关于传媒的核心内容包括：IP方面，鼓励传媒相关资源(如 影视、IP、内容平台等)与知名IP进行跨界合作，同时推动消费新业态新模式试点城市建设；内容方 面，支持文学、艺术、影视、动漫等领域精品创作，鼓励引进国外优秀体育赛事；业态方面，提升文化 场馆活力，促进体育娱乐消费，推动数字服务消费。华泰证券认为，本次文件的发布，意味着国家对文 化及相关消费产业的高度重视，促使传媒行业更加注重文化内涵的挖掘和传播，有助于从内容质量、IP 变现渠道、线下消费赋能等多维度提升行业活力。 ...

华泰证券研报表示，商务部等9部门近日印发《关于扩大服务消费的若干政策措施》，其中关于传媒的 核心内容包括：1）IP方面，鼓励传媒相关资源（如影视、IP、内容平台等）与知名IP进行跨界合作， 同时推动消费新业态新模式试点城市建设；2）内容方面，支持文学、艺术、影视、动漫等领域精品创 作，鼓励引进国外优秀体育赛事；3）业态方面，提升文化场馆活力，促进体育娱乐消费，推动数字服 务消费。本次文件的发布，意味着国家对文化及相关消费产业的高度重视，促使传媒行业更加注重文化 内涵的挖掘和传播，有助于从内容质量、IP变现渠道、线下消费赋能等多维度提升行业活力。产业链相 关公司包括：1）IP；2）影视游戏；3）现场演出及文化场馆相关公司。 ...

（文章来源：第一财经） 华泰证券研报表示，美联储公布9月议息会议决定，如期降息25bp，点阵图指示年内将再降息50bp，鲍 威尔在会议上表态偏鸽。往前看，考虑到美联储指引以及9月非农就业仍可能偏弱，将美联储年内降息 次数从2次上调至3次，即10月和12月将分别再降息25bp。 ...

Core Viewpoint - Zhuhai Bojie Electronics Co., Ltd. is actively engaging with institutional investors to discuss its diverse business structure and growth opportunities in various sectors, including liquid cooling technology, the fruit chain, Meta glasses, MLCC business changes, and overseas expansion [1] Group 1: Business Structure and Revenue Breakdown - Bojie Electronics operates as a provider of automated testing and assembly equipment solutions, covering sectors such as consumer electronics, big data and AI computing, and new energy vehicles [2] - In the first half of the year, the revenue breakdown was as follows: consumer electronics accounted for 40.01%, big data cloud service equipment sales for 17.99%, and new energy vehicle-related equipment for 24.73% [2] - The company is focusing on innovation in the consumer electronics sector, expanding optical testing capabilities, and achieving a comprehensive layout from modules to complete machines in the big data and AI computing field [2] Group 2: Liquid Cooling Business Development - The company has been implementing liquid cooling solutions for testing equipment since three years ago, responding to the increasing demand for high-power products from clients [3] - Bojie Electronics is developing its own micro-channel layered water cooling heads and collaborating with universities for research and development [3] - Future plans include increasing R&D investment to meet North American client demands, leveraging early engagement advantages [3] Group 3: Opportunities from Fruit Chain and Meta Glasses - In the fruit chain sector, optical testing equipment is expected to be a high-growth area, with the company having technical reserves in AOI machine vision defect detection [4] - The launch of Meta glasses is beneficial for the company, as there is a significant demand for optical testing in the testing phase, and the company is actively engaging with domestic AI glasses clients [4] Group 4: MLCC Business Recovery and Overseas Expansion - The MLCC business is showing signs of recovery, with the company expanding its equipment offerings and experiencing order growth in the first half of the year [5] - The company has established production bases in Mexico and Vietnam, gradually increasing capacity [5] - Future strategies include a commitment to major client relationships and transitioning from equipment supplier to component supplier, aiming to capitalize on client component needs [5]

Group 1 - The company Bojie Co., Ltd. (SZ 002975) announced an investor meeting scheduled for September 17, 2025, from 10:00 to 12:00, where the company secretary Huang Can will participate and address investor inquiries [1] - For the first half of 2025, Bojie Co., Ltd. reported that its revenue composition was entirely from the specialized equipment manufacturing industry, with a 100.0% share [2]

每经头条（nbdtoutiao）——海拔4306米现"秦始皇密令"，获官方"身份认定"！古文字学家刘钊：秦人 寻仙采药足迹确至青藏高原 （记者 曾健辉） 每经AI快讯，雄帝科技（SZ 300546，收盘价：28.34元）发布公告称，2025年9月17日13:30-15:00，雄 帝科技接受华泰证券等投资者调研，公司财务总监兼董事会秘书郭永洪，证券事务代表刘秀芳参与接 待，并回答了投资者提出的问题。 2025年1至6月份，雄帝科技的营业收入构成为：计算机其他电子设备制造业占比99.95%，其他业务占 比0.05%。 截至发稿，雄帝科技市值为53亿元。 ...

Core Viewpoint - Huatai Securities reports that Pop Mart's capacity ramp-up leads to a rebalancing of supply and demand, indicating a successful path for the company's "art equality" strategy, establishing a solid foundation for sustainable long-term growth [1] Group 1: Company Performance - The report suggests that the adjustment in the shareholding structure is likely to become more long-term oriented, recommending investors to actively seize layout opportunities and maintaining a "buy" rating while raising the target price by 14% to HKD 396 [1] - The company possesses significant pricing power over its vinyl plush products, allowing it to implement differentiated pricing strategies across various IPs and series, thereby maximizing profitability [1] Group 2: Future Expectations - Anticipation for the upcoming Q3 results is high, driven by pre-sale shipments and new products like Mini Labubu, with expectations for continued strong performance in the fourth quarter due to the overseas peak season and anniversary series new products [1] - Huatai Securities has raised its adjusted net profit forecasts for 2025 to 2027 by 14%, 12%, and 12%, reaching CNY 11.6 billion, CNY 17 billion, and CNY 22 billion respectively [1] Group 3: Market Dynamics - The diversity in target audience, product categories, and experiential formats is seen as the three pillars supporting the longevity of Pop Mart's IP [1]

2025年9月16日，发行人和主承销商在网下向专业机构投资者进行了票面利率询价。根据网下专业机构 投资者询价结果，经发行人和主承销商协商一致，最终确定本期债券品种一的票面利率为1.91%，品种 二未实际发行。 智通财经APP讯，华泰证券(06886)发布公告，根据《华泰证券股份有限公司2025年面向专业投资者公开 发行公司债券(第六期)发行公告》，华泰证券股份有限公司2025年面向专业投资者公开发行公司债券(第 六期)(以下简称"本期债券")分为两个品种，其中品种一期限为2 年，票面利率询价区间为1.40%-2.40%; 品种二期限为3年，票面利率询价区间为 1.50%-2.50%。本期债券票面利率由发行人和主承销商根据网 下利率询价结果在利率询价区间内协商确定。 ...