陆家嘴财经早餐2025年7月22日星期二

Group 1 - As of the end of Q2 2025, China's public fund industry has generated a profit of 5.94 trillion yuan for its holders since 1998, with the market size reaching a new high of 33.73 trillion yuan and overall net profit exceeding 380 billion yuan [2] - The top 20 funds by profit are predominantly broad-based ETFs, with most profits exceeding 2 billion yuan [2] Group 2 - The European Council President and the European Commission President are scheduled to visit China on July 24, where they will meet with Chinese President Xi Jinping and Premier Li Qiang for the 25th China-EU Leaders' Meeting [3] - The State Council has announced the implementation of the Housing Rental Regulations starting September 15, 2025, aimed at standardizing rental activities and promoting high-quality development in the housing rental market [3] - The July LPR remains unchanged for the second consecutive month, with the one-year rate at 3.0% and the five-year rate at 3.5%, indicating a period of observation for monetary policy [3] Group 3 - China's economy is expected to run smoothly and improve in the second half of 2025, supported by proactive fiscal policies aimed at boosting consumption and investment [4] - The Ministry of Commerce has urged the EU to stop listing Chinese companies and financial institutions in its sanctions against Russia, asserting the need to protect the legitimate rights of Chinese entities [4] - The Hainan Free Trade Port has released pilot guidelines for cross-border asset management, allowing foreign investors to invest in RMB-denominated products with a total initial cap of 10 billion yuan [4] Group 4 - The A-share market continues its upward trend, with the Shanghai Composite Index reaching a new high for the year, closing up 0.72% at 3559.79 points, and a total market turnover of 1.73 trillion yuan [5] - The Hong Kong Hang Seng Index closed up 0.68% at 24994.14 points, marking its highest level since February 2022, with significant inflows from southbound funds [5] - Hong Kong has seen a 30% increase in IPOs year-on-year, raising 124 billion HKD, which is a 590% increase compared to the previous year [5] Group 5 - The latest holdings of active equity funds show Tencent Holdings as the top holding, followed by CATL and Kweichow Moutai, with a noticeable reduction in the concentration of holdings among the top 20 stocks [6] - Zhang Kun from E Fund has increased holdings in several liquor stocks and Alibaba, while exiting from Yanghe Brewery [6] - Transsion Holdings is considering a secondary listing in Hong Kong, potentially raising around 1 billion USD [6] Group 6 - BYD plans a stock split of 10-for-8 and a conversion of 12 shares for every 10 held for the 2024 fiscal year [8] - Hainan Free Trade Port has released guidelines for cross-border asset management, allowing foreign investors to invest in RMB-denominated products [4] - The company reports a significant increase in net profit for the first half of the year, with estimates ranging from 607% to 961% [8]