Group 1 - The market has shown resilience in liquidity due to external risk expectations and strong policy support for medium to long-term capital inflow [1] - The performance of A-shares is expected to improve as financing may stop its outflow process, creating new opportunities for inflow when new themes emerge [1] - In Q1 2025, the revenue growth rate of all A-shares is expected to decline compared to Q4 2024, while the net profit growth rate is expected to turn positive, indicating significant improvement [1] Group 2 - On Thursday, the A-share market opened lower but experienced upward fluctuations, with the Shanghai Composite Index facing resistance around 3359 points [2] - The focus of policies has shifted towards expanding domestic demand, with attention on the implementation of fiscal policies and consumption stimulus measures [2] - The central bank has signaled easing, and the increase in financing balance is expected to support market liquidity, with ETF funds continuing to flow in [2] Group 3 - The three major indices collectively rose on Thursday, with the Shanghai Composite Index remaining above the 5-day moving average, indicating a short-term bullish trend [3] - A series of financial policies were released, signaling the start of new incremental policies aimed at enhancing economic resilience and stability [3] - More incremental policies are expected to be introduced, particularly in fiscal policy, domestic demand expansion, and stabilizing foreign trade [3]

以下文章来源于教你挖掘基 ，作者挖掘基 教你挖掘基 . 投资理财有方法，我们手把手教你挖掘牛基~ 5月7日的北京，国务院新闻发布厅的灯光准时亮起。 央行、金融监管总局、证监会三位负责人齐聚 一堂，介绍"一揽子金融政策支持稳市场稳预期"有关情况。 这场早九点的发布会如同一声春雷，在资本市场激起层层涟漪。 01 全景透视： 关键词一：新质生产力 出台深化科创板、创业板改革政策措施，修订《上市公司重大资产重组管理办法》；发展科技创新债券，简化 发行流程，完善增信支持，打造科创企业"接力式"金融服务链条。 关键词二：中长期资金 本次重磅会议落地了哪些增量政策？ 面对复杂的内外环境，此次政策组合拳不仅承载着市场对政策工具箱的期待，更折射出短中长期的深层 逻辑。 | 具体措施 | 类别/领域 | 部委 | 降低存款准备金率0.5个百分点，预计将向市场提供长期流动性约1万亿元 | | --- | --- | --- | --- | | 数量型政策 | 完善存款准备金制度，阶段性将汽车金融公司、金融租赁公司的存款准备金率,从目前的5%调整0% | | | | 下调政策利率0.1个百分点，即公开市场7天期逆回购操作利率从目前的 ...

在政策频出、产业结构、市场发展等各种有利因素支持下，境内股票交易型开放式指数基金（英文简 称"ETF"）市场已进入"质量提升"新发展阶段。境内ETF总规模达到第一个万亿元历时17年，实现第二 个万亿元历时3年，突破3万亿元仅历时9个月。从3万亿元，到2025年4月份首次突破4万亿元，仅仅耗时 7个月。 深交所以ETF产品为抓手，推出"大话策略之定投"投资者服务系列活动。5月7日下午，深交所"ETF大讲 堂"走进成都，推广定投场景化应用策略，推动行业由推广单一产品向推广投资策略组合转变。 定投策略有助于形成稳定的中长期资金来源 今年1月份，中央金融办、中国证监会等部门联合印发了《关于推动中长期资金入市工作的实施方 案》，重点引导商业保险资金、全国社会保障基金、基本养老保险基金、企（职）业年金基金、公募基 金等中长期资金进一步加大入市力度。5月7日，中国证监会发布关于印发《推动公募基金高质量发展行 动方案》的通知，其中提出，实施ETF快速注册机制，原则上自受理之日起5个工作日内完成注册。 将ETF定投从"小众策略"打造成"大众工具" 随着投资者结构不断优化，ETF市场"机构化"趋势日益凸显，营造中长期资金"愿意投 ...

Core Viewpoint - The Chinese Securities Regulatory Commission emphasizes the importance of maintaining a stable and active capital market, highlighting a series of measures to support market stability and enhance market functions [1][2]. Group 1: Market Stability and Confidence - The stability of the stock market is crucial for the overall economy and the interests of millions of investors, with a positive trend in China's economic recovery [2]. - Confidence in market stability is derived from four main aspects: strong leadership from the central government, the implementation of a comprehensive policy system, a clearer narrative in the A-share market, and relatively low valuation levels in the A-share market [2]. Group 2: Supporting Market Recovery - Measures to consolidate market recovery include enhancing market monitoring, developing response plans for external risks, and supporting the Central Huijin Investment Ltd. to act as a stabilizing fund [3]. - Upcoming policies will focus on deepening reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market, improving investor protection, and promoting the issuance of technology innovation bonds [3]. Group 3: Development of Public Funds - The action plan for promoting high-quality development of public funds aims to create a virtuous cycle of increased returns, capital inflow, and market stability [4]. - Key reforms include aligning investor interests with fund performance, enhancing the stability of fund investment behaviors, and improving investor service capabilities [4][5]. Group 4: Addressing External Trade Impacts - The U.S. tariffs have significantly impacted global trade, affecting listed companies in China, which are expected to demonstrate resilience [6]. - The regulatory body plans to enhance support for companies affected by tariffs, including increased regulatory flexibility in areas like equity pledges and refinancing [7]. Group 5: Promoting Capital Market Openness - The regulatory commission is committed to advancing high-level openness in the capital market, with a focus on expanding institutional access and enriching product offerings for foreign investors [7][8]. - Efforts include improving the efficiency of overseas listing registrations and enhancing cross-border regulatory cooperation to protect the interests of companies in foreign markets [8].

优化两项支持资本市场的货币政策工具、进一步扩大保险资金长期投资试点范围、稳妥推进公募基金改 革……中国人民银行、金融监管总局、中国证监会等三部门5月7日在国新办新闻发布会上透露诸多政策 举措，大力推动中长期资金入市。在业内人士看来，中长期资金是资本市场重要的专业投资力量，也是 维护市场平稳健康运行的"压舱石""稳定器"。相关政策落地后，预计将有更多"长钱"入市，有望进一步 优化投资者结构，增强资本市场稳定性与韧性。 ...

证券时报记者程丹 中国人民银行、国家金融监管总局和中国证监会每次联合发声，市场都要竖起耳朵仔细听。5月7日，三 个部门的"一把手"同时亮相国新办新闻发布会，宣布了"一揽子金融政策支持稳市场稳预期"的改革举 措，从货币政策持续加码、金融制度精准指向重点领域、推动中长期资金入市等方面稳定市场，释放出 稳市场稳预期的强烈信号。 降低政策性利率方面，潘功胜介绍了三方面内容，一是下调公开市场7天期逆回购操作利率0.1个百分 点，将从1.5%下调至1.4%，预计带动LPR随之下行0.1个百分点；二是下调结构性货币政策工具利率0.25 个百分点；三是降低个人住房公积金贷款利率0.25个百分点，其中5年期以上的首套房利率由2.85%降低 为2.6%。 南开大学金融发展研究院院长田利辉表示，金融监管部门加大货币政策调控的强度，提高金融政策调控 的精准性，打出有力有效的政策"组合拳"，维护市场回稳向好态势，通过改革激发市场活力，以高质量 发展的确定性应对外部环境急剧变化的不确定性，进一步支持经济稳定增长。 实施好适度宽松货币政策 中国人民银行行长潘功胜在发布会上明确，进一步实施好适度宽松的货币政策，推出一揽子货币政策措 施。数量 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the overall stability and improvement of the capital market in 2023, with plans to enhance market monitoring and risk assessment, and to support the Central Huijin Investment Ltd. in stabilizing the market [1] Group 1: Market Stability and Policy Measures - The CSRC will introduce further reforms for the Sci-Tech Innovation Board and the ChiNext to enhance the inclusiveness and adaptability of regulations regarding market review and investor protection [1] - The CSRC aims to strengthen the role of the capital market as a primary channel for mergers and acquisitions by expediting the release of the "Major Asset Restructuring Management Measures" and related regulatory guidelines [2] Group 2: Encouraging Long-term Investment - The CSRC is focused on promoting the entry of long-term funds into the market, encouraging listed companies to improve governance and performance while increasing the scale and proportion of long-term capital [3] - Since April 7, over 350 listed companies have announced share repurchase and increase plans, reflecting their confidence in their own value and development [3] Group 3: Capital Market Opening - The CSRC is committed to advancing high-level opening of the capital market, implementing practical measures for cross-border regulatory cooperation, and supporting quality Chinese concept stocks to return to domestic and Hong Kong markets [4] - Foreign securities institutions have become significant participants in the A-share market, with foreign holdings through QFII and Stock Connect remaining stable at around 3 trillion yuan [4]

Group 1 - The core viewpoint of the news is the introduction of measures by the China Securities Regulatory Commission (CSRC) to stabilize the capital market and enhance investor confidence, focusing on supporting new productivity development and increasing long-term capital inflow [1][2][3] Group 2 - The CSRC emphasizes the importance of maintaining a stable and active capital market, with a commitment to implementing policies that reflect both stability and market vitality [2][3] - Key initiatives include the upcoming reforms for the Sci-Tech Innovation Board and the Growth Enterprise Market, aimed at enhancing institutional inclusiveness and adaptability [2] - The CSRC plans to promote the development of technology innovation bonds and improve the issuance process to provide comprehensive financial services for innovative enterprises [2][3] Group 3 - The CSRC aims to increase the inflow of long-term capital by improving corporate governance and performance, while also enhancing investor returns [3] - The "return increase - capital inflow - market stability" cycle is highlighted as a goal for the capital market [3] Group 4 - The CSRC will support high-quality Chinese concept stocks returning to domestic and Hong Kong markets, while also providing regulatory flexibility for companies affected by external tariffs [4][5] - Measures include enhancing communication between listed companies and investors, and supporting mergers and acquisitions to improve corporate resilience and innovation capabilities [4] Group 5 - The CSRC is committed to high-level opening of the capital market, with plans to expand foreign institutional participation and optimize the approval process for foreign investors [5] - The focus will also be on enriching product offerings and enhancing cross-border regulatory cooperation to protect the interests of companies and investors [5] Group 6 - The "Action Plan for Promoting High-Quality Development of Public Funds" emphasizes binding investor interests, stabilizing investment behavior, enhancing investor service capabilities, and promoting the growth of equity funds [6]

北京时间5月6日晚，美股三大指数小幅高开，道指涨0.35%，纳指涨0.05%，标普500指数涨0.14%。 | 美版 | 成分 | 资讯 | 相关基金 | | | --- | --- | --- | --- | --- | | 名称 | | 现价 | 涨跌幅 ◆ | i | | 谷歌(ALPHABET). | | 166.710 | 0.91% | | | GOOG.O | | | | | | 特斯拉(TESLA) | | 277.065 | 0.62% | | | TSLA.O | | | | | | 亚马逊(AMAZON) | | 185.731 | 0.39% | | | AMZN.O | | | | | | 脸书(META PLATF | | 588.750 | 0.25% | | | META.O | | | | | | 微软(MICROSOFT | | 433.240 | -0.02% | | | MSFT.O | | | | | | 苹果(APPLE) | | 198.350 | -0.08% | | | AAPL.O | | | | | | 英伟达(NVIDIA) | | 113.020 -0 ...