监管端，实施"科八条"改革，优化并购重组机制，2024年9月份以来，科创板新增重大资产重组交易145 单，创新性、代表性案例接连涌现；同时，科创板率先推出第二类限制性股票制度，累计800余单股权 激励计划覆盖24万研发人员。 傅浩表示，上交所坚信在持续创新、公开透明的生态环境引导下，未来科创板有望涌现一批世界级 的"明星"科技企业，正如科创板的英文名STAR=Market所寄予的美好愿景一样，拥有更多的rising star companies。 本报讯(记者毛艺融)11月13日，上海证券交易所副总经理傅浩在上海证券交易所国际投资者大会上表 示，近两年来，上交所不断完善制度供给。 发行端，推出科创板"1+6"政策组合，并将第五套上市标准进一步扩围至人工智能、商业航天等前沿领 域，GPU龙头摩尔线程从受理到过会仅用88天，彰显制度适配性。 ...

第三，科创板有着很强的国际基因，有着对国际投资者友好的投资生态，正发展成为一个国际化的市场。 傅浩表示，当前，全球科技创新进入密集活跃期，中国资本市场的开放步伐也在持续加快。上交所将继续立足上海"五个 中心"建设大局，进一步深化资本市场改革：以更完善的制度让国际投资者"看得清、投得稳"，以更通畅的合作机制让科创企 业"走得远、发展好"，以更高效的服务生态让资本配置"更顺畅、更高效"。 （编辑 才山丹） 本报记者 毛艺融 11月13日，上海证券交易所副总经理傅浩在上海证券交易所国际投资者大会上表示："科创板将以更加成熟的市场生态赋 能科技进步，以金融高质量发展服务中国式现代化。上交所热忱欢迎更多外资机构和长期资本投资科创板，布局中国科技产 业，共享中国新质生产力发展红利，共促全球科创资本深度融合的新格局！" 傅浩表示，从国际投资者视角看科创板，第一，科创板汇聚了一大批优秀的中国科技创新企业，是境内外投资者分享中国 科技创新产业发展成果最重要的市场。 第二，科创板以制度创新持续发挥资本市场"试验田"功能，必将吸引和培育更多优秀的世界级科技企业，未来会涌现出更 多科技创新的企业明星。 上海证券交易所副总经理傅浩发表 ...

Core Viewpoint - International investors have significantly engaged with the STAR Market through various channels, indicating a growing interest in innovative companies and related financial products [1] Group 1: Investment Channels - International investors are utilizing QFII, RQFII, and Stock Connect to invest in STAR Market companies and related indices and ETFs [1] - The STAR Market has established 33 indices that cover a range of strategies, including broad-based and thematic approaches [1] Group 2: Market Size and Performance - The total scale of tracking products for the STAR Market exceeds 300 billion yuan [1] - The STAR Chip ETF and STAR 50 ETF rank as the 3rd and 4th most held A-share ETFs by foreign investors in terms of market value [1]

Core Insights - The participation of international investors in the STAR Market is increasing significantly [1] - Various channels such as QFII, RQFII, and Stock Connect have enabled widespread investment in STAR Market companies and related indices and ETFs [1] - The STAR Market has established 33 indices covering "broad-based + thematic + strategic" categories, with a total tracking product scale exceeding 300 billion yuan [1] - The STAR Chip ETF and STAR 50 ETF rank as the 3rd and 4th most held A-share ETFs by foreign investors in terms of market value [1]

Market Overview - A-shares opened lower with the Shanghai Composite Index down 0.09% and the ChiNext Index also down 0.09% [1] - The Hong Kong market opened lower, with the Hang Seng Index down 0.52% and the Hang Seng Tech Index down 0.82% [4][5] - The bond market opened lower across the board, with the 30-year main contract down 0.03% [2][3] Sector Performance - The photovoltaic glass, duty-free shops, and Hainan Free Trade Zone concepts saw significant declines, while lithium battery electrolyte stocks surged, with Furi Shares achieving six consecutive trading limits and Lianhong Xinke hitting the daily limit [1] - Precious metals saw a strong performance with international gold prices rising significantly, while the oil and gas sector experienced a pullback [1] - In the commodity market, precious metals were among the top gainers, while energy products faced declines [1][6] Policy and Institutional Insights - At the Shanghai Stock Exchange International Investors Conference on November 13, the Deputy General Manager Fu Hao emphasized that the Sci-Tech Innovation Board continues to serve as a "testing ground" for capital market innovations, which will attract and nurture more world-class technology companies [1] - The Sci-Tech Innovation Board allows unprofitable companies, red-chip companies, and those with special equity structures to list, creating a dedicated financing channel for innovative enterprises [1]

Market Performance - The Sci-Tech Innovation Board (STAR Market) index fell by 0.58%, closing at 1379.45 points, with a total trading volume of 4.193 billion shares and a turnover of 181.687 billion yuan, resulting in an average turnover rate of 2.19% [1] - Among the tradable stocks on the STAR Market, 188 stocks closed higher, with 3 stocks rising over 10% and 9 stocks rising between 5% and 10%. Conversely, 396 stocks closed lower, with 7 stocks declining over 10% [1] Turnover Rate Analysis - The turnover rate distribution shows that 3 stocks had a turnover rate exceeding 20%, 14 stocks had a turnover rate between 10% and 20%, and 45 stocks had a turnover rate between 5% and 10% [1] - The highest turnover rate was recorded by Magu Technology at 30.12%, closing up by 5.39%, with a transaction amount of 670 million yuan. He Yuan Biological followed with a turnover rate of 27.54%, closing up by 2.90%, with a transaction amount of 990 million yuan [1][3] Stock Performance - In terms of stock performance, among the stocks with a turnover rate exceeding 5%, 27 stocks rose today, with the highest increases seen in Dekoli (up 11.93%), Ruikeda (up 11.00%), and Yingfang Software (up 8.61%). Conversely, the largest declines were in Artis (down 14.33%), Lais Information (down 12.20%), and World (down 11.12%) [2] - The electronic industry had the most stocks with a turnover rate exceeding 5%, totaling 18 stocks, followed by the power equipment and pharmaceutical sectors with 14 and 9 stocks, respectively [2] Capital Flow - Among the high turnover stocks, 30 stocks experienced net inflows of main funds, with the largest inflows in Shijia Photon (188 million yuan), Baijishenzhou (178 million yuan), and Dekoli (151 million yuan). In contrast, Tianhe Energy, Jinpan Technology, and Artis saw the largest net outflows, totaling 445 million yuan, 180 million yuan, and 163 million yuan, respectively [2] - Recent leverage fund movements indicate that 46 stocks received net purchases of leveraged funds, with the largest increases in financing balances for Artis (552 million yuan), Purun Shares (289 million yuan), and Jinpan Technology (267 million yuan). Conversely, the largest decreases were seen in Jiehuate, Foxit Software, and Xinxiangwei, with reductions of 183 million yuan, 177 million yuan, and 166 million yuan, respectively [2]

Market Overview - The Sci-Tech Innovation Board (STAR Market) index fell by 1.42%, closing at 1387.53 points, with a total trading volume of 4.281 billion shares and a turnover of 193.197 billion yuan, resulting in an average turnover rate of 2.24% [1] - Among the tradable stocks on the STAR Market, 230 stocks closed higher, with 11 stocks rising over 10%, including ShenGong Co., Mag Valley Technology, and Shangwei New Materials, which hit the daily limit [1] Trading Activity - The highest turnover rates were observed in He Yuan Biological, which closed down 8.02% with a turnover rate of 26.26%, and Xi'an Yicai, which closed down 1.48% with a turnover rate of 25.49% [1] - A total of 41 stocks with a turnover rate exceeding 5% saw price increases, while the largest declines were in Pu Ran Co., He Yuan Biological, and Tengjing Technology, which fell by 9.33%, 8.02%, and 7.99% respectively [1][2] Sector Performance - The electronics sector had the highest number of stocks with a turnover rate exceeding 5%, totaling 23 stocks, followed by the power equipment and computer sectors with 18 and 10 stocks respectively [2] - In terms of capital flow, 41 stocks with high turnover rates experienced net inflows from main funds, with the highest net inflows recorded for Baiwei Storage, Atas, and Huicheng Co., amounting to 281 million yuan, 196 million yuan, and 128 million yuan respectively [2] Leverage Fund Movements - A total of 50 stocks with high turnover rates received net purchases from leveraged funds, with significant increases in financing balances for Atas, Jinpan Technology, and Tengjing Technology, which rose by 614 million yuan, 228 million yuan, and 215 million yuan respectively [2] Notable Stocks - Key stocks with high turnover rates included He Yuan Biological, Xi'an Yicai, and Mag Valley Technology, with respective turnover rates of 26.26%, 25.49%, and 25.07% [3][4] - Stocks such as ShenGong Co. and Mag Valley Technology achieved daily limit increases of 20% [3]

Group 1 - The average stock price of the Sci-Tech Innovation Board is 40.80 yuan, with 69 stocks priced over 100 yuan, and the highest priced stock is Cambrian-U at 1391.50 yuan [2][3] - Among the stocks priced over 100 yuan, 37 stocks increased in price today, with an average increase of 0.56%, while 32 stocks decreased [2][3] - The average premium of the latest closing price relative to the issue price for stocks over 100 yuan is 502.60%, with the highest premiums seen in companies like Shunwei New Materials and Cambrian-U [2][3] Group 2 - The net outflow of main funds for stocks over 100 yuan today totaled 3.607 billion yuan, with the highest net inflows seen in companies like Purun Co. and Tengjing Technology [3] - The total margin balance for stocks over 100 yuan is 94.857 billion yuan, with Cambrian-U and SMIC having the highest margin balances [3][4] - The stock list of companies over 100 yuan includes various sectors, with a concentration in electronics, pharmaceuticals, and computers [2][3]

Market Performance - The Sci-Tech Innovation Board (STAR Market) index fell by 0.57%, closing at 1407.56 points, with a total trading volume of 4.379 billion shares and a turnover of 203.38 billion yuan [1] - Among the tradable stocks on the STAR Market, 332 stocks closed higher, with 8 stocks hitting the daily limit up, while 252 stocks closed lower, including 1 stock with a decline exceeding 10% [1] Trading Activity - The highest turnover rates were observed in He Yuan Biological, which closed down by 1.54% with a turnover rate of 23.03%, and Wanrun New Energy, which closed down by 0.81% with a turnover rate of 21.13% [1][3] - A total of 36 stocks with high turnover rates experienced net inflows of main funds, with the highest net inflows recorded for Purun Co., Shen Gong Co., and Shijia Photon, amounting to 214 million yuan, 171 million yuan, and 132 million yuan respectively [2] Sector Analysis - In terms of industry distribution, the electronics sector had the most stocks with a turnover rate exceeding 5%, totaling 23 stocks, followed by the power equipment and computer sectors with 15 and 9 stocks respectively [2] - The stocks with the highest turnover rates also showed significant variations in net fund flows, with some experiencing substantial net outflows, such as Guo Dun Quantum and Hua Hong Company, with net outflows of 543 million yuan and 342 million yuan respectively [2] Notable Stocks - Key stocks with notable performance included: - He Yuan Biological (688765): Closed at 93.50 yuan, down 1.54%, with a turnover rate of 23.03% and a net outflow of 67.69 million yuan [3] - Wanrun New Energy (688275): Closed at 90.77 yuan, down 0.81%, with a turnover rate of 21.13% and a net outflow of 40.22 million yuan [3] - Yingfang Software (688435): Closed at 54.89 yuan, up 14.28%, with a turnover rate of 19.78% and a net inflow of 36.17 million yuan [3]

Group 1 - The core viewpoint of the article is that Zhongyi Technology (301208.SZ) has not yet engaged in humanoid robot business despite its investment in Shanghai Turing Tianwen Intelligent Technology Co., Ltd [1] Group 2 - Zhongyi Technology is currently a shareholder in Shanghai Turing Tianwen Intelligent Technology Co., Ltd [1] - The company has clarified that it has not ventured into the humanoid robot sector as of now [1]