2025年第27周计算机行业周报：坚定看好新一轮金融创新周期开启-20250708

Investment Rating - The report maintains a "Positive" investment rating for the industry [7] Core Viewpoints - The report expresses strong optimism regarding the new round of financial innovation, particularly with the integration of traditional finance and blockchain technology, which is expected to reshape the current market landscape [6][49] - Recent regulatory changes, including the issuance of data circulation transaction contract templates and the People's Bank of China's new CIPS rules, are anticipated to accelerate data flow and enhance cross-border payment systems [19][27] Summary by Sections Market Performance - Last week, the computer sector experienced a slight decline of 1.14%, ranking 32nd among primary industries in the Yangtze River region, with a market share of 9.78% in total trading volume [2][12] Key Recommendations - The report recommends focusing on companies with token issuance qualifications, those with technological expertise in blockchain, and firms holding relevant licenses, particularly in the financial IT sector [6][49] Regulatory Developments - The National Data Bureau and the State Administration for Market Regulation released model contracts to facilitate data circulation, which is expected to improve transaction efficiency by approximately 30% [21][26] - The People's Bank of China is seeking public opinion on the draft rules for the Cross-Border Interbank Payment System (CIPS), which aims to enhance participant management and support the growth of CIPS business [27][29] Emerging Trends - The report highlights the rise of Real-World Asset Tokenization (RWA), which merges blockchain technology with traditional finance, addressing issues such as ownership confirmation and transaction efficiency [41][49] - The global RWA market is projected to grow significantly, with estimates suggesting it could reach $50 billion by the end of 2025 and potentially exceed $2 trillion by 2030 [43][49]