Market Performance - The A-share market exhibited a rebound after an initial decline, with the ChiNext and Sci-Tech 50 indices rising over 1%, while the Shanghai Composite and Shenzhen Component indices recorded their third consecutive day of gains, reaching a nearly two-week high. The trading volume surged to 1.32 trillion yuan [1] Regulatory Support for Technology - The China Securities Regulatory Commission (CSRC) announced strong support for the development of new productive forces, emphasizing the integration of technology and industry innovation. The CSRC aims to enhance the protection of investors' rights, particularly for small and medium-sized investors, while promoting the listing of high-quality unprofitable tech companies [2][3] Mergers and Acquisitions - The CSRC plans to invigorate the mergers and acquisitions market by implementing revised regulations on major asset restructuring for listed companies. It encourages tech companies to utilize various payment methods for acquisitions and aims to simplify the review process for restructurings [3] Long-term Capital Development - The CSRC will guide private equity funds to optimize long-term assessment mechanisms and support the development of secondary market funds. It aims to promote a healthy cycle of fundraising, investment, management, and exit [3] AI Industry Growth - The artificial intelligence (AI) industry chain showed significant strength, with various sectors such as AI mobile PCs and data centers experiencing substantial gains. Notable stocks like Luchao Information surged by 30%, reaching historical highs, supported by over 100 billion yuan in net inflows into the electronics and computer sectors [5] Policy Initiatives in AI - Hangzhou launched a plan to accelerate the construction of an AI innovation hub, which includes 17 initiatives and 20 policies aimed at gathering 50 EFLOPS of intelligent computing power and a 100 billion yuan industry fund by the end of 2025 [5] Investment Outlook - Citic Securities forecasts that the investment focus in the tech industry will continue to revolve around AI, with upcoming releases like DeepSeek-R2 and GPT-5 expected to drive value reassessment in China's tech sector. Dongxing Securities suggests maintaining moderate positions to capture structural investment opportunities, particularly in innovative pharmaceuticals, military industry, and computing sectors [6]
证监会力挺新质生产力 人工智能产业链全线爆发
2 1 Shi Ji Jing Ji Bao Dao·2025-06-05 23:06