每经编辑｜陈鹏程 王晓波 1 李强主持召开国务院常务会议 国务院总理李强6月27日主持召开国务院常务会议，听取关于贯彻落实全国科技大会精神加快建设科技强国情况的汇报，部署健全"高效办成一件事"重点事 项常态化推进机制，审议通过《农村公路条例（草案）》。（新华社） 2 隔夜市场 美股三大指数集体收涨，道指涨1%，本周累涨3.82%；标普500指数涨0.52%，本周累涨3.44%；纳指涨0.52%，本周累涨4.25%，其中，标普500指数、纳 指均创历史新高；大型科技股多数上涨，谷歌、亚马逊涨超2%，英伟达、Meta涨超1%，苹果、英特尔小幅上涨；特斯拉、微软小幅下跌；耐克涨超15%， 创四年来最大单日涨幅。中概股涨跌不一，纳斯达克中国金龙指数涨0.22%，本周累涨3.49%；小马智行跌超6%，理想汽车、富途控股跌超1%，百度、京东 小幅下跌；传奇生物、瑞幸咖啡涨超3%，哔哩哔哩、腾讯音乐、唯品会涨逾2%，蔚来、联电涨超1%，霸王茶姬、阿里巴巴小幅上涨。 国际金价走低，现货黄金跌1.63%，报3273.34美元/盎司；COMEX黄金期货跌1.85%，报3286.10美元/盎司；COMEX白银期货跌2.06%，报3 ...

值得关注的是，前述公告中的"基金"为青岛瑞见私募股权投资基金合伙企业（有限合伙）（以下简 称"瑞见私募"）。天眼查App显示，瑞见私募背后有大家人寿保险股份有限公司身影。 盘活存量商业资产正成为各大上市房企拓宽融资的重要支点。近期，通过引入险资，将优质商业资产通 过公募REITs分拆上市等方式，房企正持续回笼资金，并向"轻资产运营"模式持续靠拢。 近期，瑞安房地产有限公司（以下简称"瑞安房地产"）以及中国海外发展有限公司（以下简称"中国海 外发展"）接连宣布盘活旗下优质商业地产。 6月25日晚间，瑞安房地产发布公告称，通过全资附属公司SODH及现有股东、基金、基金普通合伙人1 和2、岭南新天地项目公司佛山瑞安天地房地产开发有限公司（以下简称"佛山瑞安"）以及岭南站购物 中心项目公司佛山安盈房地产开发有限公司（以下简称"佛山安盈"）达成合作，转让佛山瑞安及佛山安 盈各自的100%股权，总对价约34.9亿元。 交易完成过后，基金将持有的佛山瑞安及佛山安盈100%股权，而瑞安房地产将通过间接全资附属公司 上海瑞安投资集团有限公司拥有基金57.63%的合伙权益。根据瑞安房地产的公告，该交易于扣除税项 及交易成本后，所 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has requested additional disclosures from Zhihui Mining regarding its projects and compliance with environmental and safety regulations as part of its overseas listing process [1][2]. Group 1: Company Overview - Zhihui Mining is a mining company focused on the exploration, mining, and production of zinc, lead, and copper in Tibet, China [3]. - The company ranks second, third, and fifth in average annual production of zinc, lead, and copper concentrates in Tibet from 2022 to 2024 [3]. - The company's mining operations are located in the designated Jinda exploration area at altitudes between 5,000.0 meters and 5,300.0 meters, where rich mineral resources have been discovered [3]. Group 2: Project Details - The company operates an open-pit mine that has been in commercial operation since 2007 and a developing underground mining project expected to commence commercial operations in the second half of 2025 [3]. - As of December 31, 2024, the total ore reserves of the open-pit mine are 1,548.0 thousand tons with average grades of 4.89% zinc, 0.65% lead, 0.10% copper, and 9.62 grams per ton of silver [4]. - The underground mining project has total ore reserves of 10,626.0 thousand tons with average grades of 4.15% zinc, 2.99% lead, 0.21% copper, and 35.05 grams per ton of silver [4]. Group 3: Regulatory Compliance - The CSRC has requested the company to clarify whether its existing and planned projects fall under "high energy consumption" and "high emissions" categories, along with providing relevant evidence [1]. - The company must also address safety production incidents during the reporting period and whether they fall under restrictions on securities financing as per the State Council's regulations [1][2]. - The company is required to provide legal opinions regarding its exploration activities and compliance with foreign investment policies [1][2].

"山寨季从币圈跳到了美股。"一位资深加密货币投资者向《华夏时报》记者表示。 近期，越来越多的上市公司正在效仿微策略（Strategy，原名MicroStrategy）的路径，投资加密资产。 数据显示，截至目前，全球上市公司（不含挖矿公司）合计持有比特币总量约为66万枚，占比特币流通 市值的3.3%。值得注意的是，投资标的不再仅限于BTC，ETH、BNB、SOL、TRX、HYPE 等山寨币也 纷纷被上市公司纳入资产负债表。 香港注册数字资产分析师学会董事、香港Uweb商学院校长于佳宁向《华夏时报》记者表示，当前企业 囤币现象的扩散已使股市和加密市场的风险结构出现交叉，投资者在判断资产价值时，需要重新审视企 业基本面与资产负债表之间的关系。无论投资对象是股票还是代币，核心都应回归对其长期盈利能力、 治理透明度与财务稳健性的判断，而非被短期价格波动所驱动。 美股掀起"囤币运动" BlockBeats 数据显示，截至6月19日，2025年已有29家上市公司官宣建立加密货币储备，其中仅5、6两 月就有21家企业入局。这些公司中，有20家公司建立BTC储备，4家公司建立SOL储备，3家公司选择了 ETH。 微策略显然是上 ...

金十数据6月27日讯，6月23日至6月27日，本所共对97起证券异常交易行为采取了自律监管措施，涉及 盘中拉抬打压、虚假申报等异常交易情形；共对10起上市公司重大事项进行核查，并上报证监会4起涉 嫌违法违规案件线索。 深交所：本周共对97起证券异常交易行为采取了自律监管措施 ...

石大胜华（603026）公告，公司于2025年6月27日收到山东证监局出具的《关于对石大胜华新材料集团 股份有限公司采取责令整改措施并对郭天明、吕俊奇采取出具警示函措施的决定》。经查，公司在内幕 信息知情人登记管理方面存在未及时修订完善内幕信息知情人登记管理制度、未按规定填写内幕信息知 情人档案并制作重大事项进程备忘录等问题。公司董事长郭天明、董事会秘书吕俊奇未履行勤勉尽责义 务，对公司行为负有主要责任。山东证监局决定对公司采取责令改正的行政监管措施，对郭天明、吕俊 奇采取出具警示函的行政监管措施，并记入证券期货市场诚信档案数据库。公司将严格按照要求对存在 问题认真整改，报送书面整改报告，并加强证券法律法规学习，提高合规意识和风险意识。 ...

深交所公开募集基础设施证券投资基金（REITs）非定向扩募业务功能将于6月30日起正式启用。 ...

金十数据6月27日讯，中国证券业协会日前启动券商2024年发布证券研究报告业务经营情况统计调研工 作。据悉，此次统计调研为中证协年度例行工作安排，调研内容与往年基本一致，相关统计调研结果将 以报告形式在行业内公布。本次统计调研并非简单的数字加总，其覆盖范围之广、触及细节之深，堪比 对券商研究业务的一次"全身体检"。调研问卷紧密追踪业务全链条关键环节——从驱动业务的"人"和组 织结构，到面向市场的服务输出和业绩呈现，延续了中证协系统化评估行业的一贯思路。 （中证金牛 座） 中证协启动证券公司2024年发布研报业务情况统计调研 ...

Core Viewpoint - HashKey Chain has announced that GF Securities (01776) has fully integrated with HashKey Chain to issue the first daily redeemable tokenized security, "GF Token" [1][2] Group 1: Product Details - "GF Token" is a tokenized security issued by GF Securities (Hong Kong) based on its credit support, available in USD, HKD, and offshore RMB, with daily interest accrual [1] - The USD tokenized security's yield is anchored to the US Overnight Secured Financing Rate (SOFR), providing a fair, transparent, and low-volatility cash management tool for users [1] Group 2: Market Position and Strategy - GF Securities (Hong Kong) was the first Chinese brokerage to successfully issue a tokenized security under Hong Kong law, marking a significant milestone in the exploration of on-chain financial products [2] - The launch of "GF Token" is seen as a continuation of the company's efforts to enhance its series of on-chain financial products, reinforcing its first-mover advantage in the emerging digital finance sector [2] - HashKey Group emphasizes the need for true integration between financial institutions and blockchain technology platforms for the on-chainization of real-world assets (RWA), with "GF Token" exemplifying this concept [2] - HashKey Chain aims to expand collaborations with traditional financial institutions, including brokerages and banks, to further develop compliant asset issuance and circulation mechanisms on-chain [2]

Core Viewpoint - HashKey Chain and GF Securities (Hong Kong) have launched the first daily redeemable tokenized security, "GF Token," marking a significant step in Hong Kong's financial technology ecosystem and the tokenization of real-world assets (RWA) [1][5]. Group 1: Product Features - "GF Token" supports daily interest payments and is available in three currencies: USD, HKD, and offshore RMB [3][4]. - The tokenized security allows for multi-point sales and custody, facilitating seamless switching between different tokenized securities on the blockchain [3][4]. - The USD-denominated token's yield is anchored to the Secured Overnight Financing Rate (SOFR), providing a transparent and low-volatility cash management tool [3]. Group 2: Market Impact - The launch of "GF Token" is seen as a milestone for GF Securities (Hong Kong) in building a digital product ecosystem and enhancing its competitive edge in the emerging digital finance sector [5][6]. - The collaboration between HashKey Group and GF Securities aims to create a comprehensive ecosystem for tokenized securities, paving the way for more financial institutions to issue tokenized assets on the blockchain [5][6]. Group 3: Future Developments - GF Securities (Hong Kong) plans to continue expanding its offerings in tokenized securities, having previously issued the first tokenized security compliant with Hong Kong law in January 2024 [5]. - The company is also set to collaborate with Cinda Asset Management to launch the first fund-backed tokenized security for distribution and trading by January 2025 [5].