Group 1 - The total market capitalization of A-shares has surpassed 100 trillion yuan, indicating a robust capital market supported by continuous reforms and policies aimed at enhancing the efficiency of serving the real economy [1] - The proportion of technology companies among A-share listed companies with a market value exceeding 100 billion yuan has reached 27%, showcasing a significant concentration in sectors like integrated circuits, biomedicine, and new energy [2] - The rapid expansion of the Sci-Tech bond market, which has exceeded 1 trillion yuan, is facilitating financing for innovative enterprises through a "debt-equity linkage" mechanism [2] Group 2 - Reforms aimed at connecting long-term capital to the market are being prioritized, with measures to encourage pension and insurance funds to expand their investment scope and adopt longer assessment periods [3] - Foreign investment has become a crucial component of the A-share market, with foreign capital holding around 3 trillion yuan of the circulating market value, reflecting growing confidence in China's capital market [4] - The ongoing reforms in the capital market are focused on enhancing the market's attractiveness and competitiveness, particularly through the "Two Innovation Boards" reform initiative [4][5]
资本市场改革显效 各路资金投下信任票
Zheng Quan Shi Bao·2025-07-13 17:22