登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及董事保证基金上市交易公告书所载资料不存在虚假记载、误导性陈述或重大遗漏，并对 其内容的真实性、准确性和完整性承担个别及连带责任。 天弘中证细分化工产业主题交易型开放式指数证券投资基金将于2025年11月25日在深圳证券交易所上 市，上市交易公告书全文于2025年11月20日在本公司网站（www.thfund.com.cn）和中国证监会基金电 子披露网站（http://eid.csrc.gov.cn/fund）披露，供投资者查阅。如有疑问可拨打本公司客服电话 （95046）咨询。 本基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证本基金一定盈利，也不 保证最低收益。请充分了解本基金的风险收益特征，审慎做出投资决定。 特此公告。 天弘基金管理有限公司 二〇二五年十一月二十日 天弘基金管理有限公司关于天弘中证细分化工 产业主题交易型开放式指数证券投资基金 开放日常申购、赎回业务的公告 公告送出日期：2025年11月20日 1.公告基本信息 ■ 注：天弘中证细分化工产业主题交易型开放式指数证券投资基金场内简称为"化工ETF天弘"。 2 ...

Group 1 - The core theme of the Zhejiang Securities 2026 Capital Market Summit is "Riding the Trend," focusing on investment strategies and market outlook at the beginning of the 14th Five-Year Plan [2] - Zhejiang Securities identifies three key judgments for 2026: China's economy is expected to achieve a "good start," macro policies will return to normal and focus on new productive forces, and the A-share market has entered a phase of "systematic slow growth" with an "N" shaped trend for the Shanghai Composite Index [2][3] - The investment focus will be on consumption, technology growth, and high-end manufacturing, while also recognizing the stabilizing role of dividend assets [2][4] Group 2 - The chairman of Zhejiang Securities, Qian Wenhai, highlights three major opportunities: confidence in asset value reassessment amid global rebalancing, innovation driven by technological revolutions like AI and biotechnology, and reform opportunities that improve market ecology [3] - The chief economist of Zhejiang Securities, Li Chao, predicts that 2026 will show a "good start" for the Chinese economy, with macro policies focusing on technological self-reliance and new productive forces, supported by resilient external demand and fiscal policies aimed at boosting consumption [3][4] - The deputy director of the research institute, Liao Jingchi, states that the A-share market is entering a "systematic slow growth" phase characterized by a more balanced approach between cyclical and technology growth, with a focus on sectors benefiting from wealth effects, high-tech, and high-end manufacturing [4][5]

中证报中证网讯(记者马爽)11月19日，浙商证券研究所副所长、策略首席分析师廖静池在"浙商证券 2026年资本市场峰会主论坛"上进行主题分享时表示，预计2026年上证指数将呈现"N"型走势，市场风 格上顺周期与科技成长将更趋均衡，中大盘广义成长风格有望占据优势。行业配置建议采取多线布局策 略，重点关注三大方向：一是受益于财富效应的消费板块，二是高景气度的科技与高端制造领域，三是 享受传统产业优化"反内卷"政策红利的相关行业，同时可配置作为压舱石的红利资产。主题投资方面， 建议把握以AI算力、机器人为代表的"科技6+"和以内需为核心的"银发经济1+"主线。 ...

11月19日晚间，首创证券宣布完成新一轮高层交接：原董事长毕劲松到龄退休，张涛正式接任董事长职务，刘惠斌出任副董事长，蒋青峰当选为总经理。 临近年末，券业迎来一波密集的高层人事变动。据上证报记者不完全统计，10月以来已有超过10家券商出现核心管理层调整。其中，西部证券、浙商证券 等券商相继完成"换帅"，一批具备跨机构、跨行业背景的年轻高管走到台前，折射出券商行业从高速扩张向高质量发展的战略转型。 张涛接棒首创证券董事长 首创证券公告内容显示，公司董事会收到公司董事长毕劲松递交的书面辞职报告。因到龄退休，毕劲松提前申请辞去公司董事长、董事职务及董事会下设 专门委员会相应职务，辞去上述职务后不再担任公司任何职务。 "85后"蒋青峰出任总经理，也是此次人事调整的一大亮点。资料显示，蒋青峰，1986年出生，职业经历涵盖安邦保险集团、安邦资产管理、世纪证券等机 构，随后担任首创证券资产管理事业部资产管理二部总经理、资产管理事业部副总裁、资产管理事业部常务副总裁，公司资产管理事业部总裁，公司总经 理助理，公司副总经理等职务。 在管理层平稳交接的同时，首创证券的业务拓展与资本战略也在同步推进。业绩方面，公司前三季度实现营收 ...

【导读】中金公司（601995）官宣合并信达证券（601059）、东兴证券（601198） 汇金系券商大整合迈出第一步！ 11月19日晚间，中金公司、东兴证券、信达证券发布《关于筹划重大资产重组的停牌公告》，三家公司正在筹划由中金公司通过向东兴证券和信达证券全 体A股换股股东发行A股股票的方式换股吸收合并东兴证券、信达证券。 这意味着，中央汇金旗下券商将减至6家，分别是中金公司、中国银河（601881）证券、中信建投（601066）、申万宏源、光大证券以及长城国瑞证券。 三家券商明日起停牌 中金公司公告称，公司A股股票将于2025年11月20日（星期四）开市时起开始停牌。本次重组涉及到A+H股两地上市公司同时吸收合并两家A股上市公 司，涉及事项较多、流程较为复杂，根据上海证券交易所的相关规定，预计停牌时间不超过25个交易日。 | 证券代码 证券简称 停复牌类型 | 停牌起始日 停牌期间 停牌终止日 复牌日 | | --- | --- | | ୧01995 中金公司 A 股 停牌 | 2025/11/20 | 信达证券、东兴证券亦公告称，公司A股股票将于2025年11月20日（星期四）开市时起开始停牌，预计停牌 ...

Core Insights - The National Bureau of Statistics has officially released the list of pilot projects for high-quality data set construction for 2025, with the project "Multi-modal High-Quality Data Set Construction for Financial Industry Large Models" successfully selected, co-applied by Hang Seng Electronics and Zheshang Securities [2][3] Group 1: Project Overview - The selected project addresses core challenges in financial vertical large models, including data quality inconsistencies, insufficient interpretability, and difficulties in practical application [3] - The construction path involves data fusion, standardized processing, knowledge modeling, scenario application, and ecological empowerment, aiming to create a high-quality financial data set with high accuracy, timeliness, and coverage [3] Group 2: Company Background - Hang Seng Electronics has over 30 years of experience in capital market information technology, providing top-tier technology and product services to various financial institutions [3][4] - Hang Seng Data Service, a subsidiary, has extensive experience in financial data collection, cleaning, structured processing, and deep mining, serving nearly a thousand institutions [4] Group 3: Future Plans - Moving forward, Hang Seng Electronics and Hang Seng Data Service will leverage this pilot project to focus on high-quality data set construction for the financial industry, supporting the integration of large model technology into financial business scenarios [5]

Core Viewpoint - The 2025 China Securities Industry Asset Management Summit highlighted the evolving landscape of the asset management industry, emphasizing the need for innovation and adaptation in response to market changes and new demands [2][3]. Group 1: Industry Trends - The asset management industry in China is experiencing a transformation with a more rational business structure and enhanced operational standards, leading to increased competitiveness [2]. - Three major trends are reshaping the securities asset management ecosystem: digital empowerment through AI and large model technologies, upgraded demand for innovative products like retirement and green investments, and a shift from traditional investment management to comprehensive solution providers [2][3]. Group 2: Challenges and Strategies - The asset management sector faces significant challenges, including asset scarcity, low interest rates, and high volatility, necessitating a transition from a single high-yield asset model to a multi-strategy approach [3]. - Firms must focus on brand cultivation and long-term development while enhancing active management capabilities and customer service to meet market demands effectively [3]. Group 3: Forum Highlights - The forum featured two roundtable discussions addressing opportunities and challenges in the post-public offering era and strategies for product layout in a low-interest-rate environment [4]. - The "2025 China Securities Industry Asset Management Jun Ding Award" was announced, recognizing outstanding contributions in the asset management field [4][6].

今年A股市场迎来了久违的牛市。临近年末，各大券商纷纷趁热打铁，提前举办年度策略会，进一步助长牛市氛围。 值得注意的是，一些券商为了把策略会办出差异化，策划出了一些"奇招"。 例如，日前举办的申万宏源年度策略会组织商家摆起了服饰特卖会，现场人气火爆；前不久举办的中信里昂投资者论坛还邀请英格兰队前主帅站台，吸引了 不少关注度；中信建投更是把传统年度策略会升级为一场高规格的国际合作论坛。 时尚+金融：投资策略会跨界商品特卖会 11月以来，各大券商的年度策略会密集举办，撞期的情况也不在少数，例如，11月18日当天，申万宏源、东方财富、浙商证券等多家券商同时在上海陆家嘴 地区举办年度策略会。 图片来自：网络 而在形式上，各券商基本延续了以往多年的传统模式，互相之间比拼的仍然是请了哪些重磅专家、请了多少上市公司、办了多少场主题分论坛等硬指标。 记者拍摄于活动现场 "我买了小米，一包才10元，看起来很划算。"有参与人士向记者表示。 而策略会的人流也给商家带来不少商机。记者看到，目前在此次策略会嘉麟杰相关团购群中，已有400多名成员。从商家提供的产品手册来看，不少款式的 服饰单价只有100元左右，显得比较经济实惠。 这类由券 ...

其余聘任的高管中，有4名新晋高管，分别为3名副总经理及1名董秘，均属于内部提拔。公司原副总经理、董秘黄斌，在此次高管聘任前夕，已带着"西部 +国融"融合的使命空降国融证券并出任一把手。 西部证券迎来新领导班子。 11月17日晚，西部证券发布董事会会议决议公告，选举徐朝晖为董事长，同时聘任多名高级管理人员。 徐朝晖自2018年起担任西部证券董事长，本次连任后，担任董事长时间超过7年。此外，齐冰自2021年起任总经理，此次亦是连任。 11月18日，时代周报记者以投资者身份致电西部证券，相关人士表示，目前公司经营情况一切正常。徐朝晖任职公司董事长以来，公司效益表现良好。新 增的3名副总经理，此前均长期担任总经理助理，在内部实际上也是分管业务的领导。 △图源：西部证券官网 "女将"徐朝晖已连任7年 西部证券此次人事变动共涉及9名高管，包含董事长及其他8名分管领导。 这是徐朝晖连任西部证券董事长的第八个年头。2018年5月，徐朝晖获西部证券实控人陕西投资集团有限公司（简称"陕西省投"）党委推荐提名担任董事 长，此后在董事会选举上多次连任，至今上任已超过7年。 徐朝晖生于1973年5月，现年已满52岁。从履历看，其于从1 ...

Core Viewpoint - The 20th Central Committee's Fourth Plenary Session has approved the "14th Five-Year Plan" proposal, emphasizing the optimization of financial institutions and the importance of cultural construction and social responsibility for high-quality development in the securities industry [1][2]. Group 1: Financial Institutions and High-Quality Development - The proposal aims to guide financial institutions, including securities companies, to focus on their core business and improve governance for high-quality development [1]. - The year 2026 marks the beginning of a new phase of high-quality development for China's capital market [2]. Group 2: Cultural Construction and Governance - Zhejiang Securities has established a system integrating "Party leadership, cultural foundation, and governance" to promote high-quality development [2]. - The company has implemented a three-dimensional guarantee system for cultural construction, including ideological guidance, strategic collaboration, and responsibility transmission [3]. Group 3: Mechanism Innovation - Zhejiang Securities has innovated its organizational structure to enhance party organization coverage and established a three-tier management system [4]. - The company has created a cultural talent matrix combining full-time and part-time roles to strengthen its cultural capabilities [5]. Group 4: Cultural Engineering Initiatives - The company has launched five cultural projects to enhance its comprehensive competitiveness, including political leadership, employee engagement, professional training, and brand influence [7][8][9]. - The "Zhejiang Red" brand has been recognized as a national exemplary case in party-building innovation, reflecting the company's commitment to cultural and social responsibilities [9]. Group 5: Value Creation and Social Responsibility - The integration of party leadership and cultural construction has led to improvements in brand value, operational efficiency, and social benefits [9][10]. - The company emphasizes the importance of aligning political and professional aspects to ensure sustainable development and adherence to national strategies [10][12].