徽商、浙商、晋商等商帮的以义取利，"居安思危，思则有备"等审慎原则，"苟日新，日日新，又日 新"等创新精神……千百年来，中华民族在经济活动中凝聚而成的信用观、财富观、义利观、风险观、 创新观和法治观，为金融高质量发展提供了文化沃土和精神滋养。 一个国家、一个民族的强盛，必须以文化的兴盛为支撑。文化能够为金融发展提供动力和要素支撑。当 前，世界各国在金融领域的竞争，不只包括金融机构、金融市场、金融基础设施等"硬实力"竞争，更有 理念、价值观、行为规范等"软实力"竞争。积极培育中国特色金融文化，是有效防范金融风险、提升国 际竞争力的必然要求，也是推动我国从金融大国走向金融强国的必然要求。 文化培育是一项系统工程，包括理念、价值观等层面。中国特色金融文化的培育，要在尊重金融发展规 律的基础上，持续发力、久久为功。对监管部门来说，要发挥引领督导作用，将中国特色金融文化培育 融入防风险、强监管、促高质量发展各项工作中。对金融机构而言，要设计制度流程、完善考核机制， 将"五要五不"要求体现在管理理念、业务经营、内控合规等各方面。当前，在全国多地，金融系统培育 和践行中国特色金融文化的实践已展现成效。 培育和践行中国特色金 ...

第二日的全球产业峰会标志着论坛内容的重要升级。峰会集中探讨高增长潜力产业，包括人工智能与科 技、生物医药、机器人、新消费及绿色能源等范畴，透过主题演讲、专题讨论及项目配对，推动内地企 业"走出去"与国际企业"引进来"。香港作为双向平台，将助力企业在全球价值链中寻求新机遇，推动产 业升级与创新发展。这与"十五五"规划所强调的创新驱动与更高水平对外开放一脉相承，旨在促进科技 自立自强与可持续增长。 智通财经APP获悉，1月14日，香港财经事务及库务局长许正宇在网志上指出，香港将于1月26日至27日 举办第19届亚洲金融论坛(AFF)，并首次新增"全球产业峰会"环节。预期该论坛将吸引超过3,600名来自 60个国家及地区的参与者，其中逾八成为企业首席执行官或高层决策者。论坛内容涵盖全球经济展望、 资产与财富管理、绿色金融、可持续转型等热点议题，并重点探讨金融如何更有效服务实体经济。 论坛首日将举行开幕仪式，聚焦宏观经济形势及多边合作，并设有与黄金市场发展相关的合作备忘录签 署仪式。这是推进香港黄金市场发展的重要一步，届时将发布加强黄金中央清算系统建设的最新计划， 为未来与内地市场互联互通做好准备。此举既呼应建设金融 ...

Group 1 - The global economic landscape is undergoing significant adjustments, and the domestic economy is entering a new stage of high-quality development, with finance being a crucial element facing both strategic opportunities and transformation challenges [2][6] - The Central Financial Work Conference has set the ambitious goal of "accelerating the construction of a financial power," marking the first time this concept has been included in the five-year planning recommendations. A series of policies aimed at stabilizing growth, promoting innovation, and preventing risks have been implemented, laying a solid foundation for the reform and development of the financial industry [3][7] - The "1+N" policy system has been established as part of the top-level design of the financial "five major articles," providing precise navigation for industry development. This includes technology finance focusing on high-level self-reliance in technology, green finance targeting carbon neutrality goals, inclusive finance reaching underserved areas, pension finance addressing aging population needs, and digital finance reshaping the financial service ecosystem through technological innovation [3][7] Group 2 - The 18th Golden Unicorn Forum, themed "Financial New Start," will be held on January 15, 2026, focusing on the core areas of banking and insurance. It will address two main topics: "Banking New Start: Enhancing Financial Quality and Efficiency to Support High-Quality Economic Development" and "Insurance New Start: Reshaping Value Ecology through Core Return" [4][8] - The forum will gather regulatory leaders, industry leaders, and scholars to contribute insights for the transformation and development of the financial industry, emphasizing the importance of innovation and practical actions in the new journey ahead [4][8]

Core Viewpoint - The article discusses the strategic vision and operational goals of CITIC Securities as it aims to become a leading investment bank, emphasizing its role in supporting China's modernization and financial development [3][4][15]. Group 1: Financial Achievements - CITIC Securities acted as a joint sponsor for CATL's IPO, which raised HKD 410.06 billion, marking the largest IPO in the global market in three years and the largest in the history of the Hong Kong new energy sector [1][6]. - By November 2025, CITIC International aims to complete three IPO sponsorship projects in the Hong Kong market, with a total equity financing scale of HKD 429.26 billion [6]. Group 2: Strategic Vision - The company has outlined a "two-step" strategy: to solidify its position as a top domestic investment bank by 2030 and to achieve international competitiveness by 2035 [8][14]. - CITIC Securities emphasizes the importance of integrating financial services with national strategies, focusing on serving the real economy and enhancing the quality of capital market development [3][11]. Group 3: Governance and Risk Management - The governance structure of CITIC Securities is designed to ensure effective checks and balances, with a focus on compliance and risk management, achieving over 95% accuracy in monitoring abnormal transactions and credit risks [9]. - The company has established a comprehensive risk management system that includes preemptive measures, real-time controls, and post-event supervision [6][9]. Group 4: Talent Development - CITIC Securities is committed to nurturing a talent pool that combines financial expertise with technological proficiency, aiming to support its digital transformation and international expansion [7]. - The company has implemented an open talent policy and a training mechanism to ensure that employees receive competitive market compensation [7]. Group 5: Digital Transformation - The company is advancing its digital transformation through the "All-in-AI" strategy, focusing on integrating data across all business lines to enhance customer service and operational efficiency [10][13]. - CITIC Securities is developing a unified customer data platform to support agile service delivery and improve decision-making processes [10]. Group 6: Commitment to ESG - CITIC Securities integrates ESG principles into its investment and financing decisions, focusing on technology innovation, green industries, and private enterprises [7][11]. - The company aims to align social value with market value, ensuring that its financial activities contribute positively to society [7][11].

Core Viewpoint - The article discusses the strategic vision and operational goals of CITIC Securities, emphasizing its commitment to serving China's modernization and becoming a leading investment bank by 2035 [2][13]. Group 1: Financial Achievements - CITIC Securities acted as a joint sponsor for CATL's IPO, raising HKD 410.06 billion, marking the largest IPO in the global market in three years and the largest in the history of the Hong Kong new energy sector [1][5]. - By November 2025, CITIC International aims to complete three IPO sponsorship projects in the Hong Kong market, with a total equity financing scale of HKD 429.26 billion [5]. Group 2: Strategic Goals - The company has set a two-step strategy: to solidify its domestic leadership by 2030 and to achieve international competitiveness by 2035 [8][13]. - CITIC Securities aims to enhance its international revenue share and has established a comprehensive service system since the establishment of CITIC International in 2012 [9]. Group 3: Governance and Risk Management - The company emphasizes the integration of party leadership and corporate governance, ensuring a transparent and effective governance mechanism [8]. - A comprehensive risk management system has been established, achieving over 95% accuracy in monitoring abnormal transactions and credit risks [8]. Group 4: Talent Development - CITIC Securities is implementing an open talent policy and a training mechanism to cultivate professionals with both financial and technological expertise [6]. - The company aims to build a workforce that is adept in both domestic and international markets to support its digital transformation and international development [6]. Group 5: Digital Transformation - The company is advancing its "All-in-AI" strategy, focusing on integrating AI into various operational areas, including intelligent customer service and risk control [9][12]. - A digital platform, "DeepTiming," is being developed to provide personalized investment strategies, ensuring compliance while meeting market demands [10][12]. Group 6: Commitment to ESG - CITIC Securities is embedding ESG principles into its investment and financing decisions, focusing on technology innovation and green industries [6][10]. - The company aims to align social value with market value, enhancing its role in supporting sustainable economic development [6][10].

Core Viewpoint - The article discusses the strategic vision and operational goals of CITIC Securities in the context of China's financial modernization and the role of investment banks in supporting the real economy and national strategies [1][2]. Group 1: Financial Performance and Achievements - CITIC Securities acted as a joint sponsor for the IPO of CATL, raising HKD 410.06 billion, marking the largest IPO in the global market in three years and the largest in the history of the Hong Kong new energy sector [1][2]. - By November 2025, CITIC International aims to complete three IPO sponsorship projects in Hong Kong, with a total equity financing scale of HKD 429.26 billion [2]. Group 2: Strategic Goals and Vision - The company has set a "two-step" strategy: to consolidate its leading domestic position by 2030 and to achieve international competitiveness by 2035 [4]. - CITIC Securities emphasizes the integration of party leadership and corporate governance to ensure effective decision-making and risk management [4]. Group 3: Talent Development and ESG Integration - The company is focused on cultivating a workforce that is proficient in both finance and technology, ensuring a strong foundation for digital transformation and international development [3]. - CITIC Securities aims to deeply integrate ESG principles into its investment and financing decisions, enhancing social value alongside market value [3][6]. Group 4: Digital Transformation and Innovation - The company is advancing its digital transformation through the "DeepTiming" AI platform, which provides intelligent investment research and personalized strategies for high-net-worth clients [7]. - CITIC Securities is committed to continuous iteration in its digital processes, employing agile development to respond quickly to market and client needs [7]. Group 5: Commitment to Real Economy and Internationalization - The core mission of CITIC Securities is to serve the real economy by accurately channeling capital into key sectors, thereby promoting a virtuous cycle between technology, industry, and finance [6]. - The company follows a strategy of "following clients abroad and facilitating capital inflow," enhancing its role in the Belt and Road Initiative and connecting international clients with quality Chinese assets [6].

Core Viewpoint - The development of digital RMB is a crucial strategic initiative for China's financial security and modernization, transcending mere technological advancement to encompass financial safety, institutional innovation, and support for high-quality economic growth [1][2]. Group 1: Importance of Digital RMB - Digital RMB serves as a key vehicle for modernizing national financial infrastructure and addressing challenges posed by traditional payment systems and private digital currencies [2][3]. - The initiative is positioned as a strategic pillar for building a strong financial nation, facilitating financial security, and empowering the real economy [1][2]. Group 2: Current Advantages for Development - China has established a clear top-level design, mature technical foundation, and a well-developed industrial ecosystem, providing a solid basis for the development of digital RMB [7]. - The national consensus on the strategic importance of digital RMB is reflected in the "14th Five-Year Plan," which emphasizes its steady development [8]. Group 3: Challenges Ahead - The global competition in digital finance and the expansion of stablecoins pose significant challenges to the development of digital RMB, necessitating a focus on both external geopolitical dynamics and internal technical and regulatory frameworks [12][13]. - There are systemic challenges related to technology support, mechanism coordination, and governance that hinder the large-scale implementation of digital RMB [16][17]. Group 4: Recommendations for Improvement - It is recommended to elevate the strategic positioning of digital RMB, enhance regulatory frameworks, and strengthen international dialogue on standards [19][20]. - Expanding application scenarios and optimizing the operational ecosystem for digital RMB are essential for its successful integration into the financial system [22][23].

编者按 党的二十届四中全会着眼于中国式现代化全局，对金融强国建设和资本市场高质量发展作出重要部署， 为证券行业在新征程上把握方向、勇担使命提供了根本遵循。中国证监会主席吴清在近期召开的中国证 券业协会第八次会员大会上表示，证券行业要牢牢把握"国家兴衰，金融有责"的历史定位，认真落实党 的二十届四中全会关于金融机构"专注主业、完善治理、错位发展"的部署要求，把握机遇，勇立潮头， 争创一流。 当前，资本市场改革持续深化，证券行业正处在乘势而上、建设一流投资银行和投资机构的关键战略机 遇期，学习、宣传、贯彻党的二十届四中全会精神是当前和今后一个时期的重要政治任务。为此，中国 证券报联合中国证券业协会推出"证券公司学习宣传贯彻党的二十届四中全会精神"系列专题报道，聚焦 证券公司在强化功能发挥、提升专业能力、推进差异化发展、筑牢合规风控底线、厚植行业文化底蕴等 方面的实践探索与丰硕成果，生动展现证券公司作为资本市场重要践行者、改革排头兵、服务主力军的 责任担当与时代作为。本篇为系列报道第三篇。 香江之畔，一声钟响。 半年前，宁德时代（300750）在港交所鸣锣上市，募集资金410亿港元，创下近三年来全球IPO融资规 模 ...

Core Viewpoint - The global economic landscape is undergoing significant adjustments, and the domestic economy is entering a new stage of high-quality development, presenting both strategic opportunities and transformation challenges for the financial sector [2][5]. Policy and Strategic Framework - The Central Financial Work Conference has set the ambitious goal of "accelerating the construction of a financial power," marking the first time this concept has been included in the five-year planning recommendations [6]. - A series of policies aimed at stabilizing growth, promoting innovation, and preventing risks have been implemented, with coordinated monetary and fiscal policies laying a solid foundation for the reform and development of the financial industry [6]. Financial Sector Initiatives - The "1+N" policy system has been established as part of the top-level design of the financial sector, providing precise navigation for industry development [6]. - Key initiatives include: - **Technology Finance**: Focused on achieving high-level technological self-reliance and empowering innovative enterprises [6]. - **Green Finance**: Aimed at supporting the comprehensive green transformation of the economy and society, aligned with the "dual carbon" goals [6]. - **Inclusive Finance**: Targeting underserved areas to ensure financial services reach every household [6]. - **Pension Finance**: Addressing the needs of an aging population and improving the social security system [6]. - **Digital Finance**: Leveraging technological innovation to reshape the financial service ecosystem [6]. Upcoming Events - The 18th Golden Unicorn Forum will be held on January 15, 2026, focusing on the banking and insurance sectors, with discussions on enhancing financial quality and efficiency to support high-quality economic development [7].

Core Viewpoint - Hong Kong is positioned as a key player in the financial sector, leveraging its unique advantages to support national strategies and enhance its role as an international financial center [1][2]. Group 1: Hong Kong's Financial Position - Hong Kong is currently the largest offshore RMB business hub, the second-largest cross-border wealth management center, the third-largest exchange-traded products market, the fourth-largest foreign exchange market, and the fifth-largest capital market globally [2]. - The core competitiveness of Hong Kong's international financial center stems from its connection to the mainland, its integration with international standards, and its unique institutional advantages under the "One Country, Two Systems" framework [2][3]. Group 2: Future Development Directions - The financial industry in Hong Kong should proactively align with national development strategies, aiming to establish itself as a crucial source for enhancing the financial power of the nation [2]. - There is a focus on developing offshore RMB business as a key driver for Hong Kong's financial center, enhancing financial infrastructure, product services, currency cooperation, and risk management [2][4]. Group 3: IPO Market Recovery - The Hong Kong IPO market has shown significant recovery, highlighting its role as a vibrant financial market [3]. - This recovery is characterized by three aspects: the increasing role of Hong Kong as an international financing platform for A+H companies, improved inclusivity and efficiency for new economy enterprises, and heightened foreign investment participation [3]. Group 4: Cross-Border Financial Hub - With the acceleration of mainland enterprises going global, Hong Kong is positioned as a "super connector" to facilitate cross-border investments [4]. - Financial institutions in Hong Kong are encouraged to develop a comprehensive service system to support outbound investments, enhancing operational efficiency and risk management for enterprises [4][5]. Group 5: Regional Collaboration and Market Integration - Hong Kong has established various capital market connectivity mechanisms with the mainland and Southeast Asia, facilitating efficient investment channels [6]. - The evolving global economic landscape presents strategic opportunities for capital market integration among the mainland, Hong Kong, and Southeast Asia, driven by new trade agreements and collaborative economic initiatives [6].