"中国具身机器人装机量已超55万台，处于世界前沿……"大模型、智能体、具身智能等人工智能技术快 速发展，人工智能已经从实验室走向产业核心。 深圳市某人工智能行业领军企业创立于2012年，通过布局人形机器人全栈式技术，聚焦工业制造、商用 服务和家庭陪伴三大应用场景，在行业内率先实现了人形机器人的商业化，并于2023年12月成功在香港 联交所主板挂牌上市。然而，该企业的成长之路并非坦途，其资本困境是所有行业内企业面临的共性挑 战。"从创业开始，我们平均每年的研发投入都要以数亿元来计算，并且逐年累加。"其企业负责人表 示。这种"重研发、长周期"的商业模式，为企业流动性管理带来巨大挑战。 早在企业初创之时，兴业银行深圳分行通过账户管理、资金结算、财务顾问等服务发挥了金融机构辅导 及陪伴的积极作用。在企业锚定赛道、攻坚克难的成长期，发挥"商行+投行"服务优势，发放投贷联动 贷款超1亿元，同时精准对接该企业高速发展期的非融资性需求，为该企业接入兴业银行"财资云"系 统，降低企业财务和人力管理成本。在企业科研成果有效转化、产品顺利商业化的成熟期，兴业银行跨 境金融服务全方位匹配该企业产品营销出海战略，为该企业与子公司提供跨 ...

Market Overview - The A-share market is experiencing a significant rally, with the Shanghai Composite Index surpassing 3800 points, attracting substantial capital inflow [1] - In July 2025, new A-share accounts reached 1.9636 million, marking a year-on-year increase of 70.54% and a month-on-month increase of 19.27% [2] Bank Strategies for Securities Account Opening - Major banks like Bank of China, China Merchants Bank, CITIC Bank, and Industrial Bank are actively promoting securities account openings through their mobile apps [4] - Bank of China has launched a "Silver and Securities Signing Goodies" campaign, allowing customers to access brokerage account openings directly through the bank's app [4] - China Merchants Bank is promoting its securities services with a theme of "New Start for Silver and Securities," collaborating with seven brokerages [4] - Industrial Bank is diversifying its approach by showcasing brokerage account openings across different app pages [4] Customer Engagement and Financial Products - Banks are also focusing on managing customers' idle funds, promoting their own wealth management products under slogans like "Waiting to Invest" and "Idle Funds Never Rest" [5] - The strategy aims to enhance customer retention and attract new clients by providing additional services [5] - The current market conditions are seen as an opportunity for banks to capitalize on the influx of new accounts and associated middle-income business growth [5] Market Sentiment and Future Outlook - Institutional investors are optimistic about the market's future, anticipating continued upward movement as deposits shift into equities [7] - Analysts from招商证券 suggest that the current market phase aligns with historical bull market patterns, indicating potential for further gains [7] - The创业板综合指数 is highlighted for its strong growth characteristics and focus on high-tech sectors, with expectations for significant investment opportunities in areas like carbon reduction and technology advancements [8] Investment Trends and Market Dynamics - The创业板综合指数 has shown strong performance, with net profit and revenue growth rates generally exceeding those of larger indices since 2018 [8] - The A-share market is witnessing a resurgence in risk appetite among investors, leading to increased trading volumes and a notable rise in margin financing balances, which have surpassed 2.1 trillion yuan [8]

记者丨 叶麦穗 视频 丨 黄欣然 实习生曾晓莹 编辑丨杨希 谭婷 市场行情火热，指数涨到眩晕，上证综指轻松站上3800点，各路资金跑步入场。 银行渠道正在成为券商开的"主战场"之一。 据 中国银行 手机银行APP，该行在首页的"热门活动"栏推出了"银证签约好礼相迎"相关活 动。具体来看，该行与中银国际证券、广发证券、中信建投证券等数十家券商合作，客户从银 行端口便能进入"券商开户直通车"，跳转至上述券商的开户页面；除此之外，该行还推出线下 预约开户功能，用户在输入该行银行账户信息后，可自行选择券商及营业部完成线下预约。 针对在券商开户时首次绑定中国银行借记卡、成功签约第三方存管的客户，可参与一次抽奖， 最高可抽取188元的支付宝红包权益。 除了中国银行， 招商银行 在APP首页，以滚动头条的方式，加大业务宣传，推广活动的主题 为"银证新启，财富进阶"，该行与7家券商深度合作，分别是招商证券、国信证券、中金财 富、东方证券、华泰证券、国投证券、长江证券。 兴业银行 的银证引流布局则分布在不同的页面。在财富页面，展现了两家券商的开户滚动 条，分别是兴业证券和华福证券；而在专门的银证开户页面，同样提供了数十家券商的 ...

Market Overview - On August 25, the A-share market experienced a significant upward trend, with the Shanghai Composite Index approaching 3900 points and the ChiNext Index leading in gains [1] - The total trading volume of the two markets reached 3.14 trillion yuan, an increase of 594.4 billion yuan compared to the previous trading day [1] ETF Performance - The Dividend Low Volatility ETF (512890) rose by 0.83% on the same day, closing at 1.219 yuan, with a turnover rate of 2.59% and a trading volume of 546 million yuan, making it the top performer among similar ETFs [2][3] - As of August 22, 2025, the asset size of the ETF was 20.992 billion yuan, with a daily average trading volume of 483 million yuan over the past 20 trading days, indicating sustained market interest [2] Fund Flow Analysis - Recent fund flows indicate short-term outflows and medium to long-term inflows, with a net outflow of 57 million yuan over the past five trading days and 117 million yuan over the past ten days; however, there was a net inflow of 3.298 billion yuan over the past 60 days [2] - The ETF's cumulative return since its establishment in December 2018 has reached 141.74%, significantly outperforming its benchmark and ranking 33rd among 502 similar products [5] Holdings and Sector Focus - The ETF's top holdings are primarily in the banking sector, including Chengdu Bank, Industrial Bank, Sichuan Road and Bridge, and Daqin Railway, which all saw price increases on August 25, aligning with their high dividend and low valuation characteristics [4] - The frequency of insurance capital stake acquisitions has significantly increased in 2025, with nearly 30 instances by August 19, focusing on high-dividend, low-volatility sectors such as banking and utilities, which enhances market attention and capital inflow expectations for the ETF's holdings [4]

21世纪经济报道 记者 叶麦穗 针对在券商开户时首次绑定中国银行借记卡、成功签约第三方存管的客户，可参与一次抽奖，最高可抽 取188元的支付宝红包权益。 除了中国银行，招商银行在APP首页，以滚动头条的方式，加大业务宣传，推广活动的主题为"银证新 启，财富进阶"，该行与7家券商深度合作，分别是招商证券、国信证券、中金财富、东方证券、华泰证 券、国投证券、长江证券。 兴业银行的银证引流布局则分布在不同的页面。在财富页面，展现了两家券商的开户滚动条，分别是兴 业证券和华福证券；而在专门的银证开户页面，同样提供了数十家券商的开户链接。 在引流开户的同时，银行也为客户的"休市资金"作出规划和安排，借"持币待投、随时进场""休市闲钱 不休息"等，吸引客户了解该行自营理财产品。 有银行理财客户经理表示："这其实对于银行来说也是双赢，证券开户指标的背后是中间业务收入的增 长机会。客户开通第三方存管之后，进入证券账户的资金都是通过银行卡，既能帮助老客户增加黏性， 也能给新客户提供新的服务，挖掘客户的有效需求。" 市场行情火热，指数涨到眩晕，上证综指轻松站上3800点，各路资金跑步入场。 据上交所官网数据显示，2025年7月， ...

值得注意的是，制造业投资在相当大程度上缓冲了地产投资的影响。根据我们的测算，前七月房地产投 资对总体固定资产投资累计增速的影响为1.5个百分点，而同期制造业投资的拉动为2.1个百分点。 在美国对华24%关税重压下，我国7月出口却逆势增长8.0%；当房地产投资持续影响投资，装备制造却 以9.9%的增速扛起大旗——在极端天气与贸易摩擦的双重夹击中，中国经济何以实现"稳中有进"，完成 全年5%的经济增长目标？ 近日，针对相关问题，21世纪经济报道记者专访了兴业银行首席经济学家鲁政委。他表示，结合最新经 济数据来看，出口多元化与产业升级，正在重构中国经济的韧性底盘，根据其团队的估算，在考虑抢出 口、以旧换新补贴前置、房地产小阳春等因素的影响后，下半年经济或温和放缓，但以知识密集型服务 出口和服务消费为代表的经济新动能已初露头角，有望助力全年5%左右的经济增长目标实现。 经济韧性格局重构 《21世纪》：在极端天气、外需不确定性下，中国经济"稳中有进"的韧性主要来自哪些支撑？ 鲁政委：一是出口多元化有效对冲了对美出口的下降。以美元计价，前七月数据显示，我国出口累计增 长6.1%，虽然对美出口在关税影响下累计下降12.6% ...

广发证券指出，今年以来中证红利全收益指数已排在宽基指数表现末尾，银行指数（中信）已跑输万得 全 A指数 5％左右。背后核心逻辑是股息分子端（债券投资）和股息风格的分母端（市场机会成本）都 与利率周期的反转直接相关，在这样的背景下我们应该更注重周期企稳或权益复苏逻辑，更应该关注传 统顺周期银行的回归，以及负债和资产逐渐向大行集中的特征。虽然相对收益机会下降，但银行板块的 绝对收益机会总体而言虽然较弱但时点性机会可能依然存在，特别是一些考核时点比如季度末或年末， 配置资金可能仍然有配置需求。 银行ETF指数紧密跟踪中证银行指数，为反映中证全指指数样本中不同行业公司证券的整体表现，为投 资者提供分析工具，将中证全指指数样本按中证行业分类分为11个一级行业、35个二级行业、90余个三 级行业及200余个四级行业，再以进入各一、二、三、四级行业的全部证券作为样本编制指数，形成中 证全指行业指数。 截至2025年8月25日 13:36，中证银行指数(399986)上涨0.28%，成分股平安银行(000001)上涨3.07%，宁 波银行(002142)上涨2.04%，瑞丰银行(601528)上涨1.57%，贵阳银行(601 ...

风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 8月25日，截止午间收盘，沪深300ETF中金（510320）涨1.02%，报1.189元，成交额856.13万元。沪深 300ETF中金（510320）重仓股方面，贵州茅台截止午盘涨1.36%，宁德时代涨1.45%，中国平安涨 0.17%，招商银行涨0.95%，兴业银行涨0.44%，长江电力涨1.97%，美的集团涨1.08%，紫金矿业涨 6.00%，比亚迪涨0.66%，东方财富涨1.15%。 沪深300ETF中金（510320）业绩比较基准为沪深300指数收益率，管理人为中金基金管理有限公司，基 金经理为刘重晋，成立（2025-04-16）以来回报为17.41%，近一个月回报为6.44%。 来源：新浪基金∞工作室 ...

Group 1 - The A500 index has shown a positive trend, with a rise of 0.87% as of August 25, 2025, and notable increases in constituent stocks such as Daqo New Energy (up 15.19%) and Kangtai Biological (up 12.68%) [1] - The A500 ETF managed by Harvest has experienced a trading volume of 2.05 billion yuan, with a recent average daily trading volume of 34.14 billion yuan over the past week, and its latest scale reached 12.817 billion yuan [3] - The A500 ETF has achieved a net value increase of 11.53% over the past six months, with a maximum single-month return of 4.48% since its inception [3] Group 2 - The top ten weighted stocks in the CSI A500 index as of July 31, 2025, include Kweichow Moutai, CATL, and Ping An Insurance, collectively accounting for 19.83% of the index [3] - The outlook for the A-share market is optimistic due to factors such as capital market reforms, stable market liquidity, and improved social attitudes towards risk, which are expected to support the performance of Chinese assets [4] - The institution highlights that China's economic transformation is accelerating, leading to a decrease in opportunity costs for the stock market, thus creating a favorable environment for equity performance [4]

根据诺安基金管理有限公司（以下简称"本公司"）与兴业银行股份有限公司（以下简称"兴业银行"）签 署的基金销售服务协议，自2025年8月25日起，本公司旗下部分基金增加兴业银行银银平台为销售机 构。现将相关事项公告如下： 一、适用基金及基金业务开通情况 ■ 投资者可通过兴业银行银银平台办理上述基金的申购、赎回、定期定额投资、转换等业务，进行相关信 息查询并享受相应的售后服务，具体的业务流程、办理时间及办理方式以兴业银行银银平台的规定为 准。 二、基金费率优惠活动 投资者通过兴业银行银银平台办理上述基金的申购、定投申购业务，享有的申购费费率优惠以兴业银行 银银平台的规定为准。 投资者通过兴业银行银银平台办理上述基金与本公司旗下可参与转换基金间的转换业务，享有的申购费 补差费率优惠以兴业银行银银平台的规定为准。 基金费率标准详见最新的招募说明书、基金产品资料概要等法律文件，以及本公司发布的最新业务公 告。 5、本公告的有关内容在法律法规允许范围内由本公司负责解释。 投资者可通过以下途径咨询有关情况： 1、兴业银行股份有限公司 客服电话：95561 网址：www.cib.com.cn 2、诺安基金管理有限公司 重要提 ...