登录新浪财经APP 搜索【信披】查看更多考评等级 基金管理人：浦银安盛基金管理有限公司 基金托管人：招商银行股份有限公司 发售时间：2025年9月1日至2025年9月12日 重要提示 1、浦银安盛国证港股通科技指数型发起式证券投资基金（以下简称"本基金"）已获中国证监会证监许 可〔2025〕1599号准予注册募集。中国证监会对本基金的注册并不代表中国证监会对本基金的风险和收 益做出实质性判断、推荐或者保证。 2、本基金是契约型开放式股票型证券投资基金（指数型基金）。 3、本基金的管理人为浦银安盛基金管理有限公司（以下简称"本公司"），登记机构为浦银安盛基金管 理有限公司，基金托管人为招商银行股份有限公司。 4、本基金的发售对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、合格 境外投资者、发起资金提供方以及法律法规或中国证监会允许购买证券投资基金的其他投资人。 个人投资者指依据有关法律法规规定可投资于证券投资基金的自然人。 机构投资者指依法可以投资证券投资基金的、在中华人民共和国境内合法登记并存续或经有关政府部门 批准设立并存续的企业法人、事业法人、社会团体或其他组织。 合格境外投资者指符 ...

证券日报网讯 8月14日晚间，太极集团发布公告称，近日，公司收到招商银行股份有限公司重庆分行出 具的《贷款承诺函》，主要内容如下：1.贷款承诺额度：不超过10，800万元，且不超过回购实际使用 金额的90%。2.融资期限：3年。3.贷款用途：股票回购专项贷款。贷款具体事宜以双方正式签订的贷款 合同为准。 （文章来源：证券日报） ...

Investment Rating - The investment rating for the industry is "Positive" (maintained) [1] Core Insights - The introduction of fiscal interest subsidies is expected to lower financing costs, enhancing consumer willingness to spend among price-sensitive customers [3][4] - The two subsidy policies are designed to stimulate consumption by directly reducing the financing costs for consumers and businesses, thereby activating consumption potential from both supply and demand sides [3][4] - The policies are broad in scope, covering a wide range of consumer credit and service industry entities, with a focus on real demand customers [4] - The fiscal subsidies are expected to stabilize bank interest margins and mitigate risks associated with retail lending, preventing excessive competition among banks [5][6] Summary by Sections Policy Implementation - The fiscal interest subsidies will be funded by local and central governments, with the central government covering 90% of the costs [4] - The subsidy rate is set at 1%, with specific limits on the amount eligible for subsidies based on loan size and type [4] Impact on Banking Sector - The policies are anticipated to protect banks' interest margins while avoiding a price war in consumer loans, which had previously pressured banks' profitability [5] - The expected increase in genuine credit demand will help reduce the incidence of fund misappropriation and improve retail credit risk [5][6] Investment Recommendations - The report suggests that the favorable conditions created by the fiscal subsidies will benefit national banks, particularly those with strong retail customer bases, such as CITIC Bank, Agricultural Bank, China Construction Bank, and China Merchants Bank [6] - The potential for policy extension and expansion may further enhance the growth of consumer credit and stabilize pricing in the banking sector [6]

金融界8月14日消息，上证指数高开低走，中证国有企业改革指数 (国企改革，399974)下跌0.15%，报 1769.27点，成交额1562.38亿元。 来源：金融界 数据统计显示，中证国有企业改革指数近一个月上涨3.36%，近三个月上涨6.19%，年至今上涨3.12%。 据了解，中证国有企业改革指数选取全部发生及拟发生改革的国有企业上市公司证券作为待选样本，其 中已出台相关股权激励方案和重大资产重组方案的国企上市公司优先入选，以反映国企改革主题上市公 司证券的整体表现。该指数以2014年03月31日为基日，以1000.0点为基点。 从指数持仓来看，中证国有企业改革指数十大权重分别为：紫金矿业（3.36%）、中信证券 （3.17%）、国泰海通（3.07%）、五粮液（2.79%）、招商银行（2.76%）、兴业银行（2.71%）、长江 电力（2.61%）、京东方A（2.5%）、北方华创（2.45%）、中国神华（2.12%）。 从中证国有企业改革指数持仓的市场板块来看，上海证券交易所占比68.84%、深圳证券交易所占比 31.16%。 从中证国有企业改革指数持仓样本的行业来看，信息技术占比19.39%、工业占比19 ...

主力资金净流出的行业有29个，国防军工行业主力资金净流出规模居首，全天净流出资金93.25亿元， 其次是机械设备行业，净流出资金为82.25亿元，净流出资金较多的还有电子、汽车、电力设备等行 业。 银行行业今日下跌0.02%，全天主力资金净流入1.88亿元，该行业所属的个股共42只，今日上涨的有7 只；下跌的有33只。以资金流向数据进行统计，该行业资金净流入的个股有23只，其中，净流入资金超 3000万元的有6只，净流入资金居首的是农业银行，今日净流入资金3.56亿元，紧随其后的是招商银 行、杭州银行，净流入资金分别为8947.78万元、8532.52万元。银行行业资金净流出个股中，资金净流 出超千万元的有13只，净流出资金居前的有平安银行、兴业银行、江苏银行，净流出资金分别为1.75亿 元、1.52亿元、8540.37万元。（数据宝） 银行行业资金流向排名 沪指8月14日下跌0.46%，申万所属行业中，今日上涨的有1个，涨幅居前的行业为非银金融，涨幅分别 为0.59%。跌幅居前的行业为综合、国防军工，跌幅分别为2.66%、2.15%。银行行业今日下跌0.02%。 资金面上看，两市主力资金全天净流出750.8 ...

证券之星消息，8月14日股份制银行板块较上一交易日上涨0.08%，招商银行领涨。当日上证指数报收于3666.44，下跌0.46%。深证成指报收于 11451.43，下跌0.87%。股份制银行板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600036 | 指商银行 | 43.78 | 0.55% | 67.64万 | 29.60亿 | | 600000 | 浦发银行 | 13.87 | 0.29% | 71.28万 | 9.91亿 | | 661698 | 中信银行 | 8.27 | 0.24% | 41.42万 | 3.45 Z | | 601818 | 光大银行 | 4.04 | 0.00% | 136.19万 | 5.53亿 | | 600015 | 华夏银行 | 7.96 | -0.25% | 32.14万 | 2.58亿 | | 601166 | 兴 银行 | 22.73 | -0.31% | 62.94万 | 14.34亿 | | 000001 | 平安银行 | ...

Group 1 - The core viewpoint of the article is that the newly announced interest subsidy policies for personal consumption loans and loans for eight types of service industry entities are expected to stimulate loan demand, although the financial impact on banks is anticipated to be limited [1] - Morgan Stanley estimates that a 10% growth in consumer and eligible service industry loans would only lead to a 0.4% increase in total revenue for banks in 2025 [1] - Despite the limited financial impact, the policy signals are viewed positively as they may improve market sentiment [1] Group 2 - Among the rated bank stocks, Ping An Bank (000001) is expected to benefit the most if it can manage the credit risks associated with the relevant loans [1] - Other banks such as China Merchants Bank (600036), Postal Savings Bank of China (601658), and Bank of China (601988) are also expected to benefit, with a stronger recommendation for China Merchants Bank due to its better risk management capabilities [1]

根据该行测算，若银行消费及合资格服务业贷款增长10个百分点，对2025年全年收入升幅仅带来约 0.4%的正面影响。但小摩亦指，政策信号仍属正面，有利于改善市场情绪。 在所评级的银行股当中，小摩预期平安银行(000001.SZ)若能管控相关贷款信用风险，或将受惠最多， 同时相信招商银行(03968)、邮储银行(01658)及中国银行(03988)亦能受惠，较推荐风险管控能力较强的 招行。 智通财经APP获悉，摩根大通发布研报称，国务院公布个人消费贷款贴息政策和服务业经营主体贷款贴 息政策，当局宣布将为个人消费贷款及八类经营主体的资本开支与营运资金贷款提供利息补贴，相信有 助于刺激相关贷款需求，但预期对银行财务影响有限。 ...

格隆汇8月14日｜摩根大通发表研究报告指，当局宣布将为个人消费贷款及八类经营主体的资本开支与 营运资金贷款提供利息补贴，相信有助于刺激相关贷款需求，但预期对银行财务影响有限。根据该行测 算，若银行消费及合资格服务业贷款增长10个百分点，对2025年全年收入升幅仅带来约0.4%的正面影 响。摩通亦指，政策信号仍属正面，有利于改善市场情绪。在所评级的银行股当中，摩通预期平安银行 若能管控相关贷款信用风险，或将受惠最多，同时相信招商银行、邮储银行及中国银行亦能受惠，较推 荐风险管控能力较强的招行。 ...

Core Insights - The Shanghai 50 Index has seen a strong increase of 1.53%, with notable gains from constituent stocks such as Cambricon Technologies, which rose by 14.05% [3] - The Shanghai 50 ETF (510050) has also experienced a rise of 1.36%, marking its fourth consecutive increase [3] - The latest scale of the Shanghai 50 ETF reached 171.475 billion yuan, a six-month high, with a recent increase of 8.51 million shares in the past week, accumulating over 2.1 billion yuan in inflows over the last five trading days [3] Scale and Fees - The management fee for the Shanghai 50 ETF is 0.15%, and the custody fee is 0.05%, making it the lowest among comparable funds [3] - The top ten weighted stocks in the Shanghai 50 ETF account for a total of 49.36% as of July 31, 2025, including major companies like Kweichow Moutai, China Ping An, and China Merchants Bank [3] Stock Performance - The performance of key stocks within the Shanghai 50 ETF includes: - Kweichow Moutai: up 1.06%, weight 10.49% - China Ping An: up 3.22%, weight 7.07% - China Merchants Bank: up 0.87%, weight 6.74% - Industrial Bank: up 0.04%, weight 4.60% - Yangtze Power: up 0.69%, weight 4.37% - CITIC Securities: up 1.59%, weight 3.19% - Industrial and Commercial Bank of China: up 0.65%, weight 3.15% - Hengrui Medicine: up 1.37%, weight 2.75% [5]