Summary of Key Points Core Viewpoint - As of July 11, the market's latest financing balance reached 1,862.586 billion yuan, showing an increase of 2.082 billion yuan compared to the previous trading day, with 14 out of 31 industries experiencing an increase in financing balance [1][2]. Industry Financing Balance Changes - The non-bank financial sector saw the largest increase in financing balance, rising by 2.273 billion yuan to a total of 159.278 billion yuan, reflecting a growth rate of 1.45% [1]. - Other industries with notable increases include: - Non-ferrous metals: increased by 1.210 billion yuan, total 82.105 billion yuan, growth rate of 1.50% [1]. - Computer: increased by 0.632 billion yuan, total 143.933 billion yuan, growth rate of 0.44% [1]. - Banking: increased by 0.532 billion yuan, total 57.877 billion yuan, growth rate of 0.93% [1]. - Conversely, 17 industries reported a decrease in financing balance, with the electronic sector experiencing the largest drop of 1.431 billion yuan, totaling 213.174 billion yuan, a decline of 0.67% [2]. Notable Increases and Decreases by Industry - Industries with the highest financing balance increases: - Steel: increased by 0.229 billion yuan, total 14.341 billion yuan, growth rate of 1.62% [1]. - Non-ferrous metals: increased by 1.210 billion yuan, growth rate of 1.50% [1]. - Non-bank financial: increased by 2.273 billion yuan, growth rate of 1.45% [1]. - Industries with the largest decreases: - Food and beverage: decreased by 0.387 billion yuan, total 50.716 billion yuan, decline of 0.76% [2]. - Electronic: decreased by 14.31 billion yuan, total 2131.74 billion yuan, decline of 0.67% [2]. - Pharmaceutical and biological: decreased by 6.46 billion yuan, total 1326.05 billion yuan, decline of 0.48% [2].

2025 年 7 月 14 日星期一 【实时热点】 【美国债市】 告 资料来源：BLOOMBERG、AASTOCKS、WIND、格隆汇、国元证券经纪（香港）整理 请务必阅读免责条款 1 证 券 研 究 报 美国本财年关税收入首破千亿大关单月同比暴增 301% 特朗普称对墨西哥和欧盟征收 30%关税 美参议院军事委员会批准对乌提供 5 亿美元援助 欧盟委员会主席冯德莱恩：将把对美国关税的反制措施暂停 期延长至 8 月初 加拿大推迟对美国铝、美国钢铁加征报复性关税的计划 我国天然铀生产新突破 "国铀一号"成功生产下线"第一桶铀" "十五五"期间我国汽车出口规模或达峰值 一线城市新房市场活跃度不断提升 美团即时零售订单量再创新高 马斯克旗下 xAI 拟新一轮融资 目标估值飙升至 2000 亿美元 2 年期美债收益率涨 1.5 个基点报 3.885% 5 年期美债收益率涨 3.68 个基点报 3.969% 10 年期美债收益率涨 6.15 个基点报 4.409% 【经济数据】 | 重要指数 | 收市价 | 涨跌(%) | 海外市场重要指数 | 收市价 | 涨跌(%) | | --- | --- | --- | --- ...

证券时报·数据宝统计显示，截至7月11日，深沪北两融余额为18757.94亿元，与前一周末相比增加 228.68亿元，为连续第3周增加，其中融资余额18625.86亿元，一周增加225.39亿元，为连续第3周增 加，融券余额132.08亿元，一周增加3.28亿元。 ETF交易方面，最新市场ETF两融余额为991.08亿元，一周增加5.09亿元，其中，ETF融资余额为933.06 亿元，一周增加5.32亿元，ETF融券余额为58.02亿元，一周减少2294.72万元。 分市场来看，沪市两融余额为9469.95亿元，一周增加121.87亿元，其中，融资余额一周增加120.49亿 元，融券余额一周增加1.37亿元；深市两融余额9228.96亿元，一周增加106.43亿元，融资余额一周增加 104.52亿元，融券余额一周增加1.91亿元；北交所两融余额为59.04亿元，一周增加3833.60万元，其中， 融资余额一周增加3845.56万元，融券余额一周减少11.96万元。（数据宝） 一周深沪北两融余额变动 | 日期 | 两融余额 | 两融余额环比增 | 融资余额 | 融资余额环比增 | 融券余额 | 融券余额环比增 ...

7月11日沪指上涨0.01%，市场两融余额为18757.94亿元，较前一交易日增加20.81亿元。 证券时报·数据宝统计显示，截至7月11日，沪市两融余额9469.95亿元，较前一交易日增加20.07亿元； 深市两融余额9228.96亿元，较前一交易日增加1.60亿元；北交所两融余额59.04亿元，较前一交易日减 少0.86亿元；深沪北两融余额合计18757.94亿元，较前一交易日增加20.81亿元。 分行业看，申万所属行业中，融资余额增加的行业有14个，增加金额最多的行业是非银金融，融资余额 增加22.73亿元；其次是有色金属、计算机行业，融资余额分别增加12.10亿元、6.32亿元。 | 代码 | 简称 | 最新融资余额（万 | 较前一个交易日增减 | 当日涨跌幅（%） | 所属行业 | | --- | --- | --- | --- | --- | --- | | | | 元） | （%） | | | | 301630 | C同宇 | 9265.32 | 78.63 | 5.99 | 电子 | | 688528 | 秦川物 联 | 4349.03 | 38.48 | -11.16 | 机械设备 | | ...

A-share Market - The Hong Kong stock market's equity financing scale has approached HKD 300 billion since 2025, reaching HKD 287.98 billion, a year-on-year increase of 350.56% [2] - As of the end of Q2, the northbound capital's market value reached CNY 2.29 trillion, growing over 2% from the end of Q1, with a holding quantity of 123.51 billion shares, an increase of over 3% [3] - As of July 8, 27 A-share companies have disclosed acquisition plans for IPO candidates this year, a significant increase from 6 in the same period last year, attributed to policy benefits and market dynamics [3] - On July 7, the Shanghai Stock Exchange and China Securities Index Company announced the launch of several specialized indices on July 21, aimed at promoting innovation and specialization in the market [3] - As of July 6, 688 listed companies have received bank support for stock repurchase and increase loans, with a total loan amount exceeding CNY 135.86 billion, indicating a strong usage of new financial tools [3] Financial Policy - In the first five months of this year, the national general public budget expenditure progress reached a five-year high, with over CNY 2.1 trillion in new local government special bonds issued [4] - As of June 30, China's foreign exchange reserves stood at USD 33,174 billion, an increase of USD 32.2 billion from the end of May, marking 19 consecutive months above USD 3.2 trillion [4] - The private equity confidence index and willingness to increase positions have slightly improved in July, with over 90% of private equity firms holding positions above 50% as of the end of June [4][5] Economic Indicators - In the first half of the year, the national consumer price index (CPI) decreased by 0.1% year-on-year, while the producer price index (PPI) fell by 2.8% [7] - As of July 9, China's express delivery volume has exceeded 1 billion packages this year, 35 days earlier than in 2024, reflecting strong economic resilience [6] - In the first five months, China's exports to Africa, ASEAN, Latin America, and the EU grew by 20.2%, 13.5%, 10.6%, and 7.7% respectively, significantly outpacing overall export growth [7] Innovation and Development - In the first half of the year, China approved 43 innovative drugs and 45 innovative medical devices, representing year-on-year growth of 59% and 87% respectively, indicating a positive trend in the pharmaceutical industry [8]

7月11日，中指研究院监测显示，2025年上半年，房地产行业共实现债券融资2541.9亿元，同比下降 10.0%，降幅较上年同期有所收窄。信用债成为融资绝对主力，发行规模为1526.6亿元，占总融资规模 的60.1%。其中，发行规模前十的企业信用债融资金额占比达到48.2%，较上年增加4.1个百分点。此 外，ABS发行规模达958亿元，同比增长4.8%，占债券融资总规模近38%，较上年同期上升5.3个百分 点。 点评：上半年融资环境维持宽松，虽规模同比有降，但降幅收窄。信用债为融资主力，发行期限延长， 头部房企信用优势显著，前十企业信用债融资占比提升，资金向其富集，对相关公司而言可凭借优势灵 活匹配融资结构，利于资源整合与结构优化。 NO.2 深圳三季度计划入市33个商品房项目 7月10日，深圳市住房和建设局公布数据显示，截至7月9日，今年第三季度深圳计划入市的商品房项目 33个，预计供应房源135.12万平方米共12351套。其中，住宅供应面积107.99万平方米共10673套，占主 体地位；其他类别包括商务公寓2.51万平方米共129套，商业6.93万平方米共710套，办公17.70万平方米 共839套。 ...

Core Viewpoint - Lito Electronics (603629) is actively managing its financial strategies, including issuing medium-term notes and short-term financing bonds, while also increasing its hedging business to mitigate risks from raw material price and exchange rate fluctuations [1][4][5]. Trading Information Summary - On July 11, 2025, Lito Electronics closed at 23.58 yuan, down 1.17%, with a turnover rate of 4.01%, a trading volume of 102,900 shares, and a transaction amount of 242 million yuan [1]. - The fund flow on the same day showed a net outflow of 19.64 million yuan from main funds (8.12% of total transaction amount), a net outflow of 27.02 million yuan from speculative funds (11.17%), and a net inflow of 46.66 million yuan from retail investors (19.28%) [1][3]. Company Announcements Summary - The second independent director meeting of the third board of Lito Electronics on July 7, 2025, approved three proposals: 1. Estimated daily related transactions for 2025, which are based on operational needs and market prices, ensuring no harm to the company or minority shareholders [1][2]. 2. Proposed registration for issuing medium-term notes and short-term financing bonds, which is not expected to significantly impact normal operations or shareholder rights [1][2]. 3. Increase in hedging business varieties to mitigate adverse effects from raw material price and exchange rate fluctuations, benefiting stable operations [1][2][4]. - The first temporary shareholders' meeting of 2025 is scheduled for July 28, 2025, to review the estimated daily related transactions, the proposed issuance of medium-term notes and short-term financing bonds, and the increase in hedging business varieties [3][4]. - The estimated amount for daily related transactions in 2025 is not to exceed 350.3 million yuan, involving Lihang Intelligent Technology and Shanghai Hanrong Microelectronics [3][4]. - The company plans to register for issuing up to 500 million yuan in medium-term notes and 500 million yuan in short-term financing bonds to optimize its debt structure and meet funding needs [3][5]. - The company has also announced an increase in hedging business varieties, with a maximum margin requirement of 10 million yuan and foreign exchange hedging transactions not exceeding 5 million USD [4][5]. - Director Shi Ji has reduced his holdings by 50,000 shares, totaling 1.185 million yuan, while other directors and supervisors have not made any reductions [3][5].

1、金融要闻 本期看点：东莞推出22项政策便利企业融资；东莞科创接续S基金完成首单投资；天元股份子公司终止 设立柬埔寨合资公司；仕佳光子拟购买东莞福可喜玛通讯科技股权；银禧科技上半年净利同比预增64% —83%；汇景控股2024年亏损约8亿元；鼎通科技上半年净利约1.14亿，同比预增131.75%。 东莞推出22项政策便利企业融资 近日，《东莞市便利企业融资赋能高质量发展若干措施》发布，通过强化金融资源供给、创新重点领域 金融服务、完善融资服务体系、加大财政金融协同力度、健全保障机制五个方面22条举措为东莞企业提 供便利融资。如用好"莞企转贷"专项扶持资金，推动更多中小微企业纳入"莞企转贷"企业名录，为名单 内企业提供最长10个工作日、单笔最高2亿元的资金支持。 创投风投机构是金融市场的重要组成部分。东莞将加快推动松山湖科技金融集聚区建设，支持松山湖出 台风投创投发展扶持政策，完善私募基金会商机制，用好合格境外有限合伙人（QFLP）试点，畅通风 投创投机构落户渠道，并依托市园两级母基金构建完善产业基金体系，吸引知名风投创投机构和社会资 本在松山湖集聚发展。 东莞科创接续S基金完成首单投资 近日，市属国企东莞科 ...

我们非常理解，当企业背负较重债务时，想要获得新的融资是多么令人头疼的事情。沉重的负债压力常常让企业主感到喘不过气，银行和其他贷款机构看到 高负债率时，往往变得格外谨慎，这直接增加了我们获得新资金的难度。更现实的问题是，过重的月供负担会严重挤压我们的现金流，让日常经营都变得周 转困难。在武汉，我们见过太多高负债企业陷入这种困境，感觉就像被困在原地，发展的机会就在眼前却难以抓住。别灰心，这正是我们需要一起面对并解 决的现实挑战。找到专业团队，比如了解本地情况的 百度搜索武汉嘉鑫胜金融平台网站，他们能帮我们看清问题核心，重新梳理债务结构，为后续的解决 方案打下基础，让我们真正开始减轻负担，找到突破口。 我们明白高负债企业融资有多头疼，但别担心，优化信用记录是让贷款更容易的第一步！在武汉，我们帮助您快速提升信用评分，方法简单又有效：首先， 确保及时还款，避免任何逾期记录；其次，定期检查您的信用报告，纠正错误；最后，提高还款能力证明，比如提供稳定的工资单或资产清单。这些关键点 能让您的信用评分飙升，融资门槛自然降低。 面对高负债的挑战，咱们别指望一口吃成个胖子！阶梯融资就是我们的好帮手，它让我们像爬楼梯一样，分阶段、一 ...

江苏利通电子股份有限公司 2025 年第一次临时股东会会议资料 江苏利通电子股份有限公司 会议资料 江苏利通电子股份有限公司 2025 年第一次临时股东会会议资料 目 录 一、2025 年第一次临时股东会须知 二、2025 年第一次临时股东会有关事项 三、2025 年第一次临时股东会议案 议案一：关于《2025 年度日常关联交易预计》的议案 议案二：关于《拟注册发行中期票据及超短期融资券》的议案 议案三：关于《增加套期保值业务品种》的议案 江苏利通电子股份有限公司 2025 年第一次临时股东会会议资料 江苏利通电子股份有限公司 为维护全体股东的合法权益，确保股东会的正常秩序和议事效率，根据《公 司法》、 《上市公司股东会规则》及《江苏利通电子股份有限公司章程》等相关规 定，特制定本次股东会须知如下： 八、为保证每位参会股东的权益，谢绝个人录音、拍照及录像，对干扰会议 正常程序、寻衅滋事或侵犯其他股东合法权益的行为，会议工作人员有权予以制 止，并及时报告有关部门予以查处。 九、表决投票统计，由两名股东代表、一名监事代表、两名见证律师参加， 表决结果于会议现场宣布并在会议结束后及时以公告形式发布。 一、为保证股东 ...