Group 1: National Unified Market Construction - The core of the national unified market construction is to establish a fair and transparent institutional environment, with a focus on accelerating the development of a unified capital market by early 2025 [1] - The implementation of a unified regulatory framework will enhance the effectiveness, sustainability, coordination, and consistency of supervision, reducing compliance costs for financial institutions and fostering innovation in financial products and services [1] - The construction of a unified capital market is expected to shift risk preferences towards rationality and value, improving the valuation system, with companies that have cross-regional operational capabilities likely to benefit [1] Group 2: Industry-Specific Benefits - The logistics, consumption, and electricity sectors are expected to significantly benefit from the construction of the national unified market [2] - The logistics sector will see improved cross-regional operations and reduced logistics costs through enhanced infrastructure networks and multi-modal transport, leading to substantial circulation dividends [2] - The electricity sector is currently experiencing a period of policy benefits, with advancements in the national unified electricity market and new breakthroughs in cross-grid trading mechanisms, enhancing the sector's valuation [3] - Leading companies in the consumption sector are anticipated to enjoy market expansion benefits, with domestic demand being a key driver for economic growth and consumption valuation enhancement [3]
制度红利释放 资本市场迎结构性机遇
Zheng Quan Shi Bao·2025-08-18 18:23