SPD BANK(SH:600000) Zhong Jin Zai Xian·2025-10-17 08:46Core Insights - The collaboration between SPDB and Huibaichuan Fund marks the launch of the first batch of cross-border asset management pilot business in Hainan Free Trade Port, reflecting new developments in financial innovation [1][2] - The pilot business aims to expand the supply of cross-border financial products and create new channels for foreign investors to invest in the domestic market, while attracting domestic and foreign asset management institutions to Hainan [1][2] Group 1 - SPDB and Huibaichuan Fund have successfully implemented the first cross-border asset management pilot business, allowing foreign investors to subscribe to asset management products issued by Huibaichuan Fund through SPDB's Haikou branch [2] - This model integrates the introduction of foreign capital with closed-loop management, risk control, and efficient operation, serving as a significant supplement to China's high-level opening of capital markets and the internationalization of the RMB [2] - The collaboration showcases SPDB's and Huibaichuan Fund's commitment to national strategies and the innovative opening of the Hainan Free Trade Port, promoting the facilitation of cross-border investment and financing [2] Group 2 - SPDB plans to use its Haikou branch as a key service window for Hainan Free Trade Port construction, exploring deeper cooperation with domestic asset management institutions [3] - The bank aims to leverage its financial innovation advantages to continuously enrich the supply of cross-border asset management products [3] - The goal is to provide comprehensive, efficient, and professional cross-border financial management solutions for clients, contributing to the development of Hainan Free Trade Port [3]