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A股,重磅不断!
证券时报·2025-07-13 12:13

Group 1: Long-term Capital Inflow - The Ministry of Finance issued a notification on July 11 to guide insurance funds for long-term stable investments, introducing a new 5-year assessment cycle for state-owned commercial insurance companies [1][8] - The weight of annual indicators in assessments has been reduced from 50% to 30%, while the combined weight of 3-year and 5-year indicators now accounts for 70% [1][8] - The notification emphasizes the importance of enhancing asset-liability management and investment management capabilities for state-owned commercial insurance companies [8] Group 2: Science and Technology Innovation Board Reforms - On July 13, the Shanghai Stock Exchange released new business rules to deepen reforms on the Science and Technology Innovation Board, allowing 32 existing unprofitable companies to enter the "growth tier" [2][7] - A pre-review mechanism for IPOs has been introduced, allowing technology companies to apply for pre-review if early disclosure could harm their operations [2][7] - The new rules also establish a system for professional institutional investors, requiring them to have a significant investment history in the relevant companies [2][7] Group 3: Market Developments - The Shenzhen Stock Exchange announced an optimization of the Growth Enterprise Market Composite Index, introducing mechanisms to remove stocks under risk warning and those with low ESG ratings [9] - The China Securities Association issued 28 measures to promote high-quality development in the securities industry, focusing on self-regulation and key tasks [16] - The upcoming week will see the release of important economic data, including industrial output and retail sales, which may impact market sentiment [19][21]