重磅！沪深交易所周末发声，事关“两创”板块

Core Viewpoint - The Shenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange (SSE) are actively pursuing reforms to enhance the capital market, focusing on supporting innovative enterprises and improving the overall market structure [2][3]. Group 1: SZSE Initiatives - The SZSE is planning reforms for the ChiNext board to support high-quality innovative companies in issuing shares and enhance financing flexibility [2]. - The reform will focus on three main aspects: serving the overall economic strategy, addressing market challenges, and promoting coordinated development across different market segments [2]. Group 2: SSE Market Performance - The SSE reported a 26% increase in the Shanghai Composite Index and over 50% increase in the Sci-Tech Innovation 50 Index since the market stabilization following the "926" policy [3]. - Three asset categories—technology, consumer, and dividend stocks—have led the market recovery, driven by policies, technology advancements, and reforms [3]. Group 3: M&A Activity - Since the implementation of the "M&A Six Guidelines," the SSE has seen a 15% year-on-year increase in disclosed asset restructuring plans, totaling 676 cases, with major asset restructurings up by 200% [4]. - The majority of transactions are industrial mergers and acquisitions, with nearly 70% involving industry consolidation or major shareholder injections [4]. Group 4: SSE Reform Measures - The SSE is committed to advancing the "1+6" reform measures for the Sci-Tech Innovation Board, enhancing its role as a testing ground for further reforms [5]. - The focus will be on policy implementation, increasing market attractiveness, and fostering deeper integration of technological and industrial innovation [5].