重要的消息有哪些 1．5月8日（周四）申购提示：新股方面，太力科技申购代码301595，发行价17.05元/股，申购上限0.65 万股。威高血净申购代码732014，发行价26.50元/股，申购上限1.10万股。投资有风险，申购需谨慎。 2．国务院新闻办公室将于2025年5月8日（星期四）上午10时举行新闻发布会，请司法部副部长王振江 和全国人大常委会法工委、国家发展改革委、金融监管总局、全国工商联负责人介绍《中华人民共和国 民营经济促进法》有关情况，并答记者问。 3．5月7日，外交部发布消息，何立峰副总理将于5月9日—12日访问瑞士，其间与美方举行会谈。外交 部发言人林剑表示，美方近期不断表示，希望同中方进行谈判。这次会谈是应美方请求举行的，中方坚 决反对美国滥施关税这一立场没有任何变化。同时我们也多次说过，中方对对话持开放态度，但任何对 话都必须建立在平等、尊重、互惠的基础上，任何形式的施压、胁迫，对中国都是行不通的。中方将坚 定维护自身的正当利益，维护国际的公平正义。（央视新闻） 4．中国人民银行7日发布公告，从5月8日起，下调公开市场7天期逆回购操作利率0.1个百分点。自5月 15日起，下调金融机构存 ...

Group 1 - The core viewpoint of the news is the introduction of a comprehensive financial policy package aimed at stabilizing the market and expectations in China, which includes various monetary and regulatory measures [1][4]. - The People's Bank of China (PBOC) has implemented 10 monetary policies, notably a 0.5% reduction in the reserve requirement ratio (RRR), releasing approximately 1 trillion yuan in long-term liquidity, exceeding market expectations [1][2]. - Structural tools have been expanded and optimized, with the re-lending quota for technological innovation and transformation increased from 500 billion yuan to 800 billion yuan, and a new 500 billion yuan re-lending facility for service consumption and elderly care established [1][2]. Group 2 - The interest rate cut, including a reduction in the 7-day reverse repurchase rate from 1.5% to 1.4%, is expected to lead to a 0.1% decrease in the Loan Prime Rate (LPR), alleviating the burden on residential mortgage loans and releasing consumer potential [2]. - The Financial Regulatory Administration's expansion of the long-term investment pilot for insurance funds is a key highlight, with an additional 60 billion yuan in incremental funds approved for the market, encouraging insurance companies to increase equity market investments [2][3]. - The China Securities Regulatory Commission (CSRC) plans to deepen reforms in the Sci-Tech Innovation Board and the Growth Enterprise Market, enhancing institutional inclusiveness and promoting the development of technology innovation bonds to support financing for high-risk, long-cycle tech enterprises [3].

Core Viewpoint - The People's Bank of China (PBOC) is preparing to launch a "Technology Board" in the bond market to support the issuance of technology innovation bonds by financial institutions, technology companies, and private equity firms, with nearly 100 market institutions planning to issue over 300 billion yuan in such bonds [1][2]. Group 1: Policy and Mechanisms - The PBOC and the China Securities Regulatory Commission (CSRC) have created a risk-sharing tool for technology innovation bonds, allowing for low-cost refinancing and diverse credit enhancement measures to lower financing costs for private equity firms [2][3]. - The announcement includes 13 specific measures to support the issuance of technology innovation bonds, focusing on enriching the product system and improving support mechanisms [2][3]. - The issuance process for technology innovation bonds will be optimized, allowing for flexible terms and simplified disclosure rules to enhance financing efficiency [3][4]. Group 2: Market Response and Participation - Major financial institutions and exchanges have responded positively, with the Shanghai and Shenzhen stock exchanges implementing measures to support the issuance of technology innovation bonds [4][5]. - The interbank market has announced a full waiver of transaction fees for technology innovation bonds from 2025 to 2027, encouraging participation [4][5]. Group 3: Investment Opportunities and Market Dynamics - The introduction of the "Technology Board" is expected to alleviate funding challenges for private equity firms and stimulate long-term investments in hard technology sectors, potentially attracting more social capital into the technology innovation field [10][11]. - The policy aims to enhance market confidence and encourage private enterprises to strengthen independent innovation, particularly in sectors like artificial intelligence and biotechnology [10][11]. - The development of a comprehensive support system involving bonds, loans, equity, and insurance is anticipated to provide extensive funding support for technology enterprises [7][10]. Group 4: Credit Rating and Risk Assessment - The establishment of a tailored credit rating system for technology innovation bonds is crucial, focusing on the unique characteristics of technology companies and private equity firms [8][12]. - Rating agencies are encouraged to enhance their methodologies and incorporate forward-looking indicators to better assess the creditworthiness of technology innovation entities [8][12].

Monetary Policy and Financial Market - The People's Bank of China has decided to lower the re-lending rate by 0.25 percentage points, effective from May 7, 2025, with new rates for various terms set at 1.2%, 1.4%, and 1.5% for 3-month, 6-month, and 1-year loans respectively [1] - The total scale of ETFs in the Shanghai market has surpassed 3 trillion yuan, with over 680 products available, including stock, bond, commodity, and cross-border assets [1] - The interest rate for personal housing provident fund loans has been reduced by 0.25 percentage points, with the new rate for first-time homebuyers set at 2.6% for loans over five years, potentially reducing total interest payments by approximately 47,600 yuan for a 1 million yuan loan over 30 years [1] Smartphone Market - In Q1 2025, China's smartphone market saw a year-on-year shipment increase of 9%, reaching 68.7 million units, marking five consecutive quarters of growth [2] - The growth is attributed to normalized inventory levels, steady channel expansion, and improved economic conditions following alleviated concerns in the real estate market [2] Paper Industry - The China Paper Association reported that the paper industry is expected to achieve a total profit of 52 billion yuan in 2024, reflecting a year-on-year growth of 5.23% [2] - The industry's revenue is projected to reach 1.46 trillion yuan, a 3.88% increase from the previous year [2] Investment Activities - Uber is set to invest an additional 100 million USD in WeRide, marking its largest investment in the autonomous driving sector to date [3] - The establishment of a financial asset investment company (AIC) by Industrial Bank has been approved, with a six-month timeline for completion [5] - The venture capital firm Dongfang Fuhai has applied to pilot technology innovation bonds, potentially becoming the first private investment institution to participate [5] Company Performance - Kemin Foods reported a sales revenue of 70.9 million yuan from pig sales in April, reflecting a year-on-year increase of 16.04% [6] - Taiji Co. announced the purchase of 50 million yuan in wealth management products to enhance fund utilization efficiency [7] - Jinguang Co. and its subsidiary won multiple projects totaling approximately 258 million yuan, covering various electrical equipment and infrastructure projects [9] - Daqin Railway reported a cargo transport volume of 30.62 million tons in April, a year-on-year increase of 0.99% [10]

人民银行降准降息，加大对科创企业金融 支持 2025 年 5 月 7 日 宏观经济 事件点评 ——5 月 7 日人民银行、金融监管总局、证监会发布会点评 | | | 事件： 人民银行、金融监管总局，证监会发布会，人民银行降准 50bp，降政策利率 10bp，降结构性贷款和住房贷款利率 25bp。 主要观点： 一行一局一会领导肯定了一季度经济表现和资本市场的应对表现，同时没有回避当前关税对全球和国内经济和金融体系的影 响。央行表示将坚定维护中国的汇市、债市、股市等金融市场平稳运行；证监会表示将努力在市场运行上体现"稳"，同时 在激发市场活力、强化市场功能上体现"进"。政策总体向企业端倾斜。 货币政策保持货币宽松，降低资金成本，释放长期流动性资金，以及扩大定向贷款额度。降准降息符合市场预期。此外, 定 向对汽车金融、金融租赁公司存准率阶段性降至 0。定向贷款方向符合政治局会议的政策方向，包括"两新"、服务和养老消 费、小微企业以及科技企业。 对科技企业的金融支持愈加具体。一体现在扩大两新贷款额度 3000 亿。二体现在一行一局一会对科技企业融资方面的全方 位支持。从证监会大力发展科技创新债券，优化发行注册流程，到 ...

Group 1 - The People's Bank of China and the China Securities Regulatory Commission jointly announced measures to support the issuance of technology innovation bonds, aiming to enrich the product system and improve the supporting mechanisms for these bonds [1] - The National Interbank Funding Center announced a full waiver of transaction fees for technology innovation bonds in the interbank bond market from 2025 to 2027 [1] - The Central Clearing Company will waive service fees for the issuance of technology innovation special financial bonds from January 1, 2025, to December 31, 2027, and will refund any fees already paid for applicable services [3] Group 2 - The Interbank Market Clearing House will also fully waive interest payment and redemption service fees for issuers of technology innovation bonds starting from May 7, 2025, for an initial period of two years [4] - The Shanghai, Shenzhen, and Beijing Stock Exchanges will reduce transaction settlement costs for technology innovation bonds and continue to waive various fees related to issuance and trading [7] - The announcement encourages local governments to establish risk compensation funds or other supportive measures to provide interest subsidies and government financing guarantees for technology innovation bonds [7]

存有所增加。操作上建议，玻璃主力合约2509，1070附近轻仓做多，止损价格1060，注意操作风险及节奏 目前纯碱主力合约2509，暂时观望。 免责声明 纯碱玻璃产业日报 2025-05-07 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货市场 | 纯碱主力合约收盘价(日,元/吨) | 1323 | -7 玻璃主力合约收盘价(日,元/吨) | 1074 | 3 | | | 纯碱与玻璃价差(日,元/吨) | 249 | -10 纯碱主力合约持仓量(日,手) | 1168356 | 138090 | | | 玻璃主力合约持仓量(日,手) | 1258220 | 64223 纯碱前20名净持仓 | -185149 | -33552 | | | 玻璃前20名净持仓 | -163620 | -11967 纯碱交易所仓单(日,吨) | 3799 | -150 | | | 玻璃交易所仓单(日,吨) | 2266 | 0 纯碱9月-1月合约价差 | -4 | 3 | | | 玻璃合约9月-1月价差 | -4 ...

作 者丨崔文静 编 辑丨姜诗蔷 5月7日，国新办举行新闻发布会，介绍"一揽子金融政策支持稳市场稳预期"有关情况，证监 会主席吴清参会并发言。 这是继2 0 2 4年9月后，吴清再次与中国人民银行行长潘功胜、国家金融监督管理总局局长李云 泽共同参加国新办新闻发布会。彼时发布会召开后，A股迎来一波大涨。 此次发布会上，吴清一席发言，为提振资本市场底气和信心，注入十足力量。 "前行路上有风有雨是常态，不管面临的是轻风细雨还是狂风暴雨，是风高浪急还是惊涛骇 浪，我们都完全有条件、有信心、有能力实现中国股市稳定健康发展。"吴清表示。 平准基金，是资本市场韧性的重要支撑。针对平准基金，中国人民银行行长潘功胜表态，将 坚定支持汇金公司在必要时实施对股票市场指数基金的增持，并向其提供充足的再贷款支 持。这意味着，中央汇金具备充足的"资金后盾"，股市平稳提升可期。 资本市场的稳步提升，离不开更多政策的支持。对此，吴清明确将逐步推出四方面政策，包 括发布《推动公募基金高质量发展行动方案》，修订《上市公司重大资产重组管理办法》和 相关监管指引，出台深化科创板、创业板改革政策措施，优化科技创新债券发行注册流程 等。 与此同时，债券市 ...

5月7日，中国人民银行、中国证监会联合发布关于支持发行科技创新债券有关事宜的公告（中国人民银 行 中国证监会公告〔2025〕8号，以下简称《公告》）。 《公告》从丰富科技创新债券产品体系和完善科技创新债券配套支持机制等方面，对支持科技创新债券 发行提出若干举措。主要包括：一是支持金融机构、科技型企业、私募股权投资机构和创业投资机构发 行科技创新债券。科技创新债券含公司债券、企业债券、非金融企业债务融资工具等。二是发行人可灵 活设置债券条款，鼓励发行长期限债券，更好匹配科技创新领域资金使用特点和需求。三是为科技创新 债券融资提供便利，优化债券发行管理，简化信息披露，创新信用评级体系，完善风险分散分担机制 等。四是将科技创新债券纳入金融机构科技金融服务质效评估。五是鼓励有条件的地方提供贴息、担保 等支持措施。 对于创设科技创新债券风险分担工具，田轩指出，央行通过提供低成本的再贷款资金，购买科技创新债 券，并与地方政府、市场化征信机构等合作，共同分担债券违约损失风险，将为科技型企业和股权投资 机构拓宽新的融资渠道，有效降低科技创新企业的融资门槛和成本，激发创新活力，推动科技创新和技 术进步。同时，还能激发市场活力与 ...

这些举措包括，一是支持金融机构、科技型企业、私募股权投资机构和创业投资机构（下称"股权投资 机构"）发行科技创新债券。科技创新债券含公司债券、企业债券、非金融企业债务融资工具等；二是 发行人可灵活设置债券条款，鼓励发行长期限债券，更好匹配科技创新领域资金使用特点和需求；三是 为科技创新债券融资提供便利，优化债券发行管理，简化信息披露，创新信用评级体系，完善风险分散 分担机制等；四是将科技创新债券纳入金融机构科技金融服务质效评估；五是鼓励有条件的地方提供贴 息、担保等支持措施。 党的二十届三中全会明确提出，要加快多层次债券市场建设，构建同科技创新相适应的科技金融体制。 央行行长潘功胜在当日新闻发布会上透露，前期，人民银行会同证监会、金融监管总局、科技部等部 门，积极准备推出债券市场"科技板"，支持金融机构、科技型企业、股权投资机构等三类市场主体发行 科技创新债券，完善科技创新债券发行交易、信息披露、信用评级等制度安排，健全与科技创新融资特 点相适应的配套规则体系。相关政策及准备工作已基本就绪。目前看，市场各方响应非常积极，各类型 金融机构、科技型企业、股权投资机构积极与人民银行、证监会沟通，对接发行科技创新债券 ...