据巴西报纸Estado：巴西国会愿意就金融操作税（IOF）收增加进行协商。 ...

诸海滨特别提到，"920号段"改革已经推进了一段时间，各项准备基本就绪。以"920段"全新的身份和投 资人的习惯全新亮相，也是下半年值得大家期待的一个事情，这将是北交所企业真正意义上的在投资人 眼中的全新亮相。 第二，主要公募基金表现突出，这代表着北交所优质公司实现"出圈"，被广大投资人所认可。上半年， 北交所相关公募基金产品收益位列前列，同时，公募基金加大对北交所配置，今年一季度公募基金相比 去年底增配近24%。 第三，北交所马上进入四周年，随着各种改革及金融产品的推进，北交所未来将吸引更多投资人、吸引 更多企业。 展望下半年，诸海滨表示，推动北交所在高质量基础上实现快速扩容，是市场各方共同关注的重点。他 指出，希望北交所能尽快实现总市值破1万亿元的大关。但这需要政策与市场的协同努力。其中，一个 值得期待的方向是在并购重组政策、再融资政策上能够给予北交所更加精准地支持和拓展。 开源证券北交所研究中心总经理诸海滨。 7月11日，2025贝壳财经年会「中国经济：开放与韧性 共生长」在北京召开。开源证券北交所研究中心 总经理诸海滨在出席圆桌论坛「科创与金融共振，北交所助力"新质"先锋」中表示，2025年上半年，北 ...

券商中国记者了解到，中国证券业协会（以下简称协会）7月11日向各家券商下发了《中国证券业协会关于 加强自律管理 推动证券业高质量发展的实施意见》（以下简称《实施意见》），明确了协会今后一段时期 的职能定位、工作重点和主要任务。 业内人士指出，证券公司是投融资的桥梁，是资本市场重要的枢纽机构，协会作为证券行业的自律组织，在服 务行业、服务监管方面具有特别的优势，应推动证券业高质量发展。《实施意见》进一步完善自律管理的组织 基础、制度基础和工作机制，意在更好推动新"国九条"及资本市场"1+N"系列政策在证券业自律管理领域落实 落地，进一步提升自律管理与服务的工作质效。 完善自律管理体系 细化完善发行承销自律规则 《实施意见》明确总体要求，即通过建立健全与证券行业高质量发展相适应的自律管理体系，优化会员服务， 畅通传导机制，强化行业合规风控管理，促进行业功能发挥，加强协会自身建设，聚焦一流投资银行和投资机 构建设，推进证券行业高质量发展。 主要举措包括了完善自律管理体系，加强保荐承销业务自律管理，引导督促服务功能发挥，加强合规风控体系 建设，加强舆论引导和预期管理，弘扬中国特色金融文化以及加强协会自身建设等多个方面 ...

Group 1 - The Ministry of Industry and Information Technology emphasizes increasing financial support to guide industrial funds towards technology products and solutions with independent intellectual property rights in the integration of informatization and industrialization [1] - The initiative includes five main areas with 17 specific items aimed at promoting the integration of technology and industry [1] - The plan encourages the implementation of a "technology-industry-finance integration" special project to attract social capital into hard technology projects within the integration development field [1]

Core Viewpoint - The rise of "stablecoins" and related digital currencies has attracted significant market attention, but regulatory bodies are warning that these concepts are being exploited by criminals for illegal fundraising and fraud activities [1][2][3] Regulatory Warnings - Multiple regulatory agencies have issued alerts regarding the risks associated with stablecoins, highlighting that illegal entities are using these concepts to mislead the public and engage in fraudulent activities [1][2] - The Beijing Internet Finance Industry Association pointed out that some institutions and individuals are misusing terms like "financial innovation," "blockchain technology," and "digital economy" to attract investments under false pretenses [1] Characteristics of Illegal Activities - The illegal fundraising activities exhibit several risk characteristics: - Lack of qualifications: Many of these entities do not have the necessary approvals from financial regulatory authorities to solicit public deposits or issue financial products [1] - Conceptual packaging: They often use complex and emerging concepts like "stablecoins," "decentralized finance (DeFi)," and "Web 3.0" to create information asymmetry and confuse investors [1] - False promises: There is a prevalence of exaggerated claims and false guarantees, such as "guaranteed profits" and "high fixed returns," exploiting the public's desire for high yields [1] - Fund pool operations: These schemes typically rely on new investors' funds to pay returns to earlier investors, creating a risk of significant losses if the funding chain breaks [2] - Risk spillover: Such activities can easily evolve into illegal fundraising, financial fraud, money laundering, and other criminal activities, disrupting economic order and harming public trust [2] Consumer Advisory - Regulatory bodies are advising consumers to be cautious of high-return promises and to verify the qualifications of institutions and products through official channels [2][3] - The Shenzhen Anti-Financial Crime Task Force has echoed similar warnings, emphasizing that entities involved in stablecoin activities often lack the necessary legal permissions [2][3] Industry Response - On June 30, JD Coin Chain Technology issued a statement clarifying misinformation regarding its involvement in stablecoin issuance, warning the public against fraudulent claims made by unauthorized entities [3] - The Financial Action Task Force (FATF) reported a significant increase in the use of stablecoins by illegal actors, including those linked to North Korea and drug trafficking, indicating a growing trend in illicit activities involving stablecoins [3]

为进一步推进金融教育宣传常态化，积极承担消费者权益保护主体责任，帮助社会公众增强维护自身合法权益的意识和能力，5月至6月间，泰山保险多家分 公司积极组织开展线下金融教育宣传活动，推动金融知识惠及更多消费者。 天津分公司∣聚焦村镇老年群体金融教育 5月25日，天津综合业务一部团队联合宁河区苗庄镇镇政府和当地派出所，开展村镇老年人金融教育宣传活动。活动现场针对老年人易受骗的特点，重点讲 解了养老诈骗、非法代理骗局、高息非法集资等常见骗局的手段、特点，同时，发放宣传手册，帮助老年人巩固金融知识。活动现场参与群众超100人次， 发放宣传材料100余份，解答咨询50余例，切实解决老年人"信息滞后"难题。通过本次下沉服务，填补了偏远地区金融教育空白。 山西分公司∣金融护航爱心护考 高考期间，山西分公司及其各分支机构在考点附近设置爱心护考服务点，为考生和家长提供扇子、矿泉水等物资，设置休息区域，供家长休息等待，并利用 休息期间向家长发放宣传资料，主动普及金融知识。针对家长们关心的保险理赔、个人信息保护、金融诈骗等内容，进行了详细解答，结合案例，普及防范 金融诈骗技巧，有效帮助家长们了解保险知识，提高风险防范意识。此次活动将 ...

Core Viewpoint - Hualin Securities is expected to achieve significant growth in net profit for the first half of 2025, driven by a favorable A-share market and strategic transformation efforts in technology finance [1] Financial Performance - The company anticipates a net profit attributable to shareholders ranging from 270 million to 350 million yuan, representing a year-on-year increase of 118.98% to 183.86% [1] - The net profit after excluding non-recurring gains and losses is projected to be between 240 million and 320 million yuan, reflecting a year-on-year growth of 67.25% to 123.00% [1] Market Conditions - The A-share market has shown a fluctuating upward trend, with a notable increase in market activity during the first half of 2025 [1] - The enhanced market activity has positively impacted the company's financial performance [1] Strategic Initiatives - Hualin Securities is deepening its technology finance transformation strategy, which has effectively supported the expansion of its online business [1] - The growth in wealth management business revenue has been a significant contributor to the expected increase in net profit [1] - The fair value changes in equity investments have also seen a year-on-year increase, further boosting profitability [1]

Core Viewpoint - Hualin Securities (002945.SZ) forecasts a net profit attributable to shareholders of 270 million to 350 million yuan for the first half of 2025, representing a year-on-year growth of 118.98% to 183.86% [1] Group 1: Financial Performance - The expected net profit for the first half of 2025 is between 270 million and 350 million yuan [1] - This reflects a significant increase compared to the same period last year, with growth rates between 118.98% and 183.86% [1] Group 2: Market Conditions - The A-share market is experiencing a fluctuating upward trend, with a notable increase in market activity during the first half of 2025 [1] Group 3: Strategic Initiatives - The company is deepening its technology finance transformation strategy, which has effectively supported the expansion of online business [1] - The wealth management business revenue has seen a substantial increase due to these strategic efforts [1] - Additionally, the fair value changes in equity investments have shown a year-on-year increase [1]

Group 1 - The core viewpoint emphasizes the importance of financial services in supporting the real economy and innovation, particularly for technology-driven small and medium-sized enterprises (SMEs) [2][4] - The company has introduced a specialized financial service plan called "Technology Pass" to address the financing difficulties faced by technology SMEs, focusing on a tailored evaluation system for their unique needs [2][3] - The collaboration with Xiangxin Co., a technology enterprise, highlights the shift from traditional collateral-based financing to more innovative solutions like intellectual property pledge financing [3] Group 2 - The "Credit + Medical" innovation model has been developed to alleviate medical access issues, allowing patients to utilize credit for immediate medical expenses, significantly reducing payment processing time [5] - The "Bailu Consumption Loan" product has been created to meet the financial needs of new citizens in various life stages, facilitating purchases and services such as home decoration and education [5] - The company is actively constructing a rural revitalization financial service system, offering tailored loans for local agricultural products to enhance the economic vitality of rural areas [6][7] Group 3 - The company has streamlined cross-border RMB business processes, enhancing efficiency for enterprises engaged in international trade and financing [8] - A specific case involving a private commodity trading company illustrates the successful implementation of a batch payment function, significantly simplifying the payment process for RMB foreign debts [8] - The overall strategy focuses on providing precise financial support to key sectors and weak links in the economy, contributing to high-quality development [8]

凭借低估值与高股息叠加构筑的安全垫，近两年来银行股已然是各大资金重点配置的核心资产。但在 金融行业内，还有着一类商业模式与银行极为相似的行业——金融租赁，此前在市场中少有关注。 现金流是主要缺陷。 | 编辑 | 作者 | | --- | --- | | 小白 | 萧瑟 | （来源：Choice终端，制图：市值风云APP） 金融租赁这类商业模式究竟怎样？相较于商业银行又有何优劣？这家A股"独苗"就是最好的观测样 本。 二者的盈利模式本质上都来自资产、负债两端的净利差，且均极度依赖融资，经营中的风险也以信用 风险和流动性风险为主，因此也有着相似的监管模式。 近来市场似乎也认识到了这一点，自5月起A股中唯一一家金融租赁公司迎来了一波20%的补涨。 ...