图片来源：界面图库 "平准基金在市场大幅下跌时起到'托底'作用，旨在防止市场恐慌性抛售和过度下跌，从而维护市场的 稳定和投资者信心。如果市场估值过高已经偏离了基本面，且存在明显的泡沫风险，那么平准基金适度 减持可以降低市场风险，避免市场回调时造成更大的损失。但是，需谨慎操作，注意减持的时机和力 度，以防引发市场的过度波动。平准基金'稳'的作用体现在对市场波动的动态调节上，既能在市场低迷 时提供支持，起到'托底'作用，又能在市场过热时进行适当抑制，引导市场预期，防止泡沫风险，确保 资本市场的健康和可持续发展。"他表示。 吴清说，将进一步出台深化科创板、创业板改革措施，在市场层次、投资者保护等增强制度包容性、适 应性。 潘功胜提到，人民银行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，坚决维护资本市场的平稳运行。 智通财经记者 | 陈靖 孙艺真 杜萌 5月7日，国新办举行新闻发布会，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、中国 证券监督管理委员会主席吴清介绍"一揽子金融政策支持稳市场稳预期"有关情况。 民生证券指出，国新办金融发布会"既赶早也赶巧"，可以说是为 ...

Core Viewpoint - The overall operation of the capital market in China has shown stability and progress in 2023, with the China Securities Regulatory Commission (CSRC) committed to maintaining market stability while enhancing market vitality and functionality [1]. Group 1: Support for Market Stability - The CSRC will fully support the Central Huijin Investment Ltd. in playing its role as a stabilizing fund, enhancing market monitoring and risk assessment to respond to external shocks [2]. - A comprehensive "combination punch" of policy, funding, and expectation countermeasures will be implemented to inject more certainty into the market amid global economic uncertainties [10]. Group 2: Reforms and Regulations - New policies to deepen reforms in the Sci-Tech Innovation Board and the ChiNext will be introduced, enhancing the inclusiveness and adaptability of the system [3]. - The CSRC will expedite the release of revised regulations on major asset restructuring for listed companies, aiming to strengthen the role of capital markets in mergers and acquisitions [4]. Group 3: Development of Public Funds - An action plan to promote the high-quality development of public funds will be released, focusing on aligning the interests of fund managers with investors and enhancing long-term capital inflow into the market [5]. - Measures will be taken to stabilize fund investment behaviors, including setting clear performance benchmarks for each fund product to ensure alignment with their stated objectives [6]. Group 4: Investor Services and Fund Growth - The CSRC will enhance the capabilities of fund companies to serve investors better, including optimizing investment research and risk management resources [7]. - There will be a focus on expanding equity funds, with regulatory guidance to promote the issuance and sales of equity funds that align with national development goals [7]. Group 5: Market Resilience and Adaptability - A-share listed companies demonstrate strong resilience and adaptability, with nearly 90% of their revenue coming from domestic markets, and a reported 3.6% year-on-year growth in net profits [11]. - Companies have successfully diversified their export markets and improved their competitiveness, with over 350 companies announcing share buybacks since April 7, indicating confidence in their value [12]. Group 6: Regulatory Support and Open Market - The CSRC will continue to provide regulatory support to companies affected by external shocks, including optimizing regulatory arrangements for those significantly impacted by tariffs [13]. - The commission is committed to advancing high-level opening-up of the capital market, including the gradual inclusion of RMB trading counters in the Hong Kong Stock Connect [14].

Core Viewpoint - The Chinese stock market is expected to achieve stable and healthy development despite external uncertainties, supported by strong government policies and market conditions [1][2]. Group 1: Market Stability - The stability of the stock market is crucial for the overall economic and social landscape, as well as for the interests of millions of investors [1]. - The current trend of economic recovery in China is being reinforced, with adequate policy responses to external shocks, creating a solid foundation for the stable operation of the capital market [1]. Group 2: Confidence Sources - Confidence in the market stems from four main aspects: strong leadership and commitment from the central government, effective implementation of the "1+N" policy system, a clearer "technology narrative" in the A-share market, and relatively low valuation levels compared to global indices [2]. - The A-share market's price-to-earnings ratio is currently at 12.3, which is significantly lower than that of major global indices like the S&P 500, enhancing the attractiveness of Chinese assets amid global instability [2]. - The overall characteristics of the market are deemed reliable, supported by sound economic development, macro policies, and institutional guarantees, which inject more certainty into the economy and capital market [2].

智通财经5月7日电，在今日上午国新办发布会上，证监会主席吴清表示，中国资产的配置价值和吸引力 都在持续提升。吴清坦言，前行的路上会有风有雨，不管是轻风细雨，还是暴风骤雨，不管是风高浪 急，还是惊涛骇浪，我们都有信心，有条件有能力来实现稳定健康发展。 证监会主席吴清：中国资产的配置价值和吸引力在持续提升 ...

今日上午9时，国新办举行新闻发布会，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、中国证券 监督管理委员会主席吴清介绍"一揽子金融政策支持稳市场稳预期"有关情况。 吴清：有信心、有条件、有能力实现中国股市的稳定健康发展 吴清表示，前行的路上会有风有雨，不管是轻风细雨，还是暴风骤雨，不管是风高浪急，还是惊涛骇浪，我们都有信 心、有条件、有能力来实现中国股市的稳定健康发展。 吴清：全力支持中央汇金公司发挥类平准基金作用 吴清表示，全力巩固市场回稳向好的势头，动态完善应对各类外部风险攻击的工作预案，全力支持中央汇金公司发挥 类平准基金作用。 吴清：近期出台进一步深化科创板创业板改革的政策举措 百万用户都在看 见证历史！港元，突发！ 美国、以色列，发动大规模空袭！伊朗传出大消息 清晨，集体大涨！两大利好，重磅来袭！ 刚刚！美国六大州，突然出手！贝森特发声，涉及对华关税 暴涨1400%！中东，突发！ 巴菲特，重磅发声！谈关税、AI、投资、现金储备…… 吴清：抓紧发布上市公司重大资产重组管理办法 吴清表示，抓紧发布上市公司重大资产重组管理办法和相关监管指引，更好发挥资本市场并购主渠道作用。 吴清：中国资产的配置 ...

重估的主要驱动因素 长江证券研究所所长王鹤涛 "本轮资产重估本质上是全球资本对中国科技突破、产业升级与宏观预期改善的再定价，其广度和持续 性将取决于技术落地、业绩验证与政策协同的深度共振。"长江证券研究所所长王鹤涛接受证券时报记 者专访时表示。 王鹤涛认为，随着人工智能(AI)技术从"预期驱动"转向"业绩驱动"，市场的主导逻辑将经历从"故 事"到"验证"的质变。在此过程中，能将研发投入转化为技术壁垒和现金流的企业，将成为重估浪潮的 最终赢家。对投资者而言，这既是一个需要警惕短期过热的风险期，更是一个不能错过的产业趋势布局 窗口。 中国资产重估的内涵 王鹤涛表示，当前市场热议的中国资产重估，核心是全球投资者重新评估中国资产价值背景下，由中国 科技力量崛起所驱动的估值提升过程。这主要体现了市场对中国相关资产，尤其是科技股未来增长潜力 与内在价值的更高预期，并伴随着市场信心的逐步恢复。 他分析，从具体逻辑来看，第一，AI产业的驱动力是关键因素之一。国产AI技术进步，尤其在应用层 面展现的潜力，促使市场重新评估中国科技公司的创新能力与发展前景，推动部分科技股从"价值 股"向"成长股"叙事转变。第二，市场叙事出现切换， ...

Group 1 - The State Council Information Office will hold a press conference on May 7, 2025, to introduce a "package of financial policies to support market stability and expectations" [1][2][6] - Officials from the People's Bank of China, the National Financial Regulatory Administration, and the China Securities Regulatory Commission will present information and answer questions [1][2][6] - The press conference will feature simultaneous English interpretation [3][7] Group 2 - Journalists are encouraged to submit questions of interest via email prior to the press conference [4][8] - The press conference will take place at the Central Propaganda Department's press hall, located at 11 Xichangan Street [5][10] Group 3 - Following the announcement, the FTSE China A50 index futures surged over 0.5% [10] - On the first trading day after the May Day holiday, the A-shares market saw significant gains, with the Shanghai Composite Index rising over 1% [10][15] - The government has shown a commitment to stabilizing the stock market and promoting healthy development in the real estate sector [15][16]

重磅预告！ 据国新网消息，国务院新闻办公室将于2025年5月7日（星期三）上午9时举行新闻发布会，请中国人民银行、国家金融监督管理总局、中国证券监督管理委员 会负责人介绍"一揽子金融政策支持稳市场稳预期"有关情况，并答记者问。 随后，富时中国A50指数期货直线拉升，截至发稿，涨超0.5%。 综合自国新网、新华社、证监会 | 13131.00 USD | | | | | | --- | --- | --- | --- | --- | | +67.00 +0.51% | | | | | | 今 开 13065.00 最 高 13134.00 成交量 | | | | 1.91万 | | 昨 收 13064.00 最 低 | | 13033.00 持仓量 | | 81.06 万 | | 昨 结 ① 13064.00 平均价 | | 13076.26 日増仓 | | O | | 相关ETF 2 中证A50ETF易 ... +0.72% 成分股占比 100% > | | | | | | 分时 五日 | 目K | | 一年 | | | 13150.00 0.66% | | | 25 | ਡੂਰ | | 卖1 13132.0 ...

Core Viewpoint - The article discusses the resilience and growth potential of Aier Eye Hospital, highlighting its strong performance in the eye care sector amidst global economic challenges and increasing demand for eye health services [2][6][18]. Industry Overview - The eye care sector is experiencing significant growth due to rising demand driven by increasing eye health issues among all age groups, particularly children and the elderly [3][4]. - The overall market size for eye care services in China has expanded from 50.71 billion yuan in 2015 to an estimated 223.1 billion yuan by 2024, with a projected compound annual growth rate (CAGR) of 16% from 2020 to 2025 [4][5]. Company Performance - Aier Eye Hospital reported a revenue of 20.983 billion yuan in 2024, a year-on-year increase of 3.02%, and a net profit of 3.556 billion yuan, up 5.87% [8][12]. - In Q1 of the current year, Aier achieved a revenue of 6.026 billion yuan, with a net profit of 1.050 billion yuan, reflecting year-on-year growth rates of 15.97% and 16.71%, respectively [7][8]. Competitive Advantage - Aier Eye Hospital has established a leading position in the market with a significant share in outpatient services, demonstrating resilience even in challenging economic conditions [6][10]. - The company employs a tiered chain model to optimize resource allocation and patient access, enhancing its operational efficiency and market reach [10][11]. Strategic Initiatives - Aier is advancing its "AI + Eye Care" strategy, integrating artificial intelligence into its services to improve diagnostic efficiency and patient care [17]. - The company has expanded its international presence, with 974 facilities globally, including 811 in mainland China, contributing to a revenue of 2.625 billion yuan from overseas operations in 2024 [18][19]. Financial Metrics - Aier's gross margin has remained high, with figures of 50.46%, 50.79%, and 48.12% over the past three years, while its net margin has been 16.69%, 17.95%, and 17.81% [12][15]. - The company's sales expense ratio has been consistently lower than its competitors, indicating effective cost management [12][13].

金十数据5月6日讯，国雄资本有限公司董事长姚尚坤5月在内部信中指出，企业自由现金流是股东长期 回报的关键，健康现金流是企业可持续发展的基础。他认为，成熟行业龙头因现金流稳定应享确定性溢 价，而成长期企业需关注规模拐点后的现金流爆发潜力。展望2025年，姚尚坤对中国资产性价比持乐观 态度，认为政策护航下，国际化与流动性改善将推动市场修复。投资机会上，他聚焦两类企业：一是现 金流稳健、高股东回报的"压舱石"公司；二是具备全球竞争力、等待现金流拐点的超额收益标的。 （36氪） 国雄资本董事长姚尚坤：强调自由现金流为投资核心，看好2025年中国资产性价比 ...