Important Market News - The Ministry of Finance issued a notice on July 11 to guide insurance funds towards long-term stable investments, establishing a long-cycle assessment mechanism for state-owned commercial insurance companies starting from the 2025 performance evaluation. This is expected to bring trillions of yuan in incremental funds to the A-share market, enhancing market resilience and promoting a value investment atmosphere [1][1]. - On July 13, the Shanghai Stock Exchange released self-regulatory guidelines for the Sci-Tech Innovation Board, officially including 32 unprofitable companies into the Sci-Tech Growth Layer. This aims to support technology companies with significant breakthroughs and broad commercial prospects, despite currently being unprofitable [1][1]. Industry Insights - The Ministry of Industry and Information Technology released the 2025 work points for the integration of information technology and industrialization, emphasizing the development of key integration technologies and supporting the high-quality development of basic and industrial software. The focus is on AI-enabled new industrialization and the promotion of industrial intelligence [2][2]. - The price of DDR4 DRAM has doubled in the past six months, with recent price increases of about 20% by SK Hynix. This price surge is driven by recovering market demand and supply-side adjustments, with significant price increases expected for various applications in the third quarter [3][3]. - The fifth RISC-V China Summit will be held from July 16 to 19, 2025, in Shanghai, attracting around 2,000 professionals. RISC-V architecture is rapidly gaining traction due to its open-source nature and flexibility, with a projected compound annual growth rate of over 40% in product shipments by 2030 [4][4]. Stock Movements - Qilu Bank announced a plan for a major shareholder to reduce its stake by up to 1.1% through block trading [5][5]. - Saikexide and Zhongci Electronics also announced plans for their shareholders to reduce stakes by up to 1% through various trading methods [5][5]. - Defu Technology's shareholders plan to reduce their holdings by up to 3.4% within three months following the announcement [6][6].
险资长周期考核机制落地,A股有望迎万亿元级增量资金;上交所发布《科创成长层指引》,32家未盈利企业即日起进入科创成长层——《投资早参》
Mei Ri Jing Ji Xin Wen·2025-07-13 23:54