Group 1 - Premier Li Qiang emphasized the need to stimulate consumer potential and systematically remove restrictive measures in the consumption sector [1] - The focus is on strengthening domestic circulation and accelerating the growth of service consumption and new consumption points [1] - Measures will be taken to consolidate the real estate market and stabilize its recovery [1] Group 2 - A significant increase in new brokerage account openings was reported, with growth rates between 30% and 50% [2] - Some brokerages achieved their highest daily account openings in August on August 18, indicating a steady recovery in market trading enthusiasm [2] Group 3 - The Ministry of Foreign Affairs expressed support for continued contact between Russia and the U.S. to improve relations and promote political solutions to the Ukraine crisis [3] Group 4 - The Deputy Governor of the People's Bank of China highlighted the importance of enhancing policy support to invigorate the movable property financing market [4] - Movable property financing is becoming a crucial tool for small and medium-sized enterprises to address financing challenges [4] Group 5 - Banks are tightening controls to prevent credit funds from entering the stock market, with over ten banks issuing notices to prohibit credit card funds for stock trading [5] - Despite low consumer loan rates, there are concerns about the emergence of intermediaries promoting "bull market margin funds" [5] Group 6 - The upcoming Housing Rental Regulations will require landlords to register their rental properties, leading to discussions about potential tax implications [6][7] - Industry insiders clarified that the tax obligations for rental properties are not new and should not be misconstrued as a new tax [7] Group 7 - Huawei's HarmonyOS ecosystem is expected to reach parity with Android and iOS by the end of the year, with over 10 million HarmonyOS devices already in use [8] Group 8 - The Ministry of Commerce announced an extension of the anti-subsidy investigation period for imported dairy products from the EU until February 21, 2026, due to the complexity of the case [9] Group 9 - U.S. stock indices experienced a collective decline, while Novo Nordisk's stock rose nearly 5% following FDA approval for its weight loss drug to be used in liver disease treatment [10] - Investors are closely watching Federal Reserve Chairman Jerome Powell's upcoming speech for signals regarding interest rate cuts [11] Group 10 - Tesla is offering significant discounts to UK leasing companies to boost sales amid declining market share due to competition from Chinese rivals [12] Group 11 - In Shandong, multiple markets are planning to raise coke prices, with increases ranging from 50 to 75 yuan per ton, effective from August 19 [14] - The coal market is expected to see upward price movement due to supply-side measures taken by the National Energy Administration [14]

央行副行长邹澜在《中国金融》杂志撰文称，将健全基础设施，提升动产融资服务新质效。动产融资发 展的基础设施体系还需要不断健全，当前，动产融资受制于估值难、管理难、变现难，动产业务风险管 控能力还存在不足，行业发展还存在一些不利因素。随着金融领域改革的不断深化，市场仍需要不断完 善行业基础设施建设，加强不同信息平台的信息共享，打通信息壁垒，完善动产估值和管理体系，为动 产融资业务开展提供坚实的服务支持。 ...

央行副行长邹澜在《中国金融》杂志发文，统一登记开创动产融资市场发展新局面。 2021年我国正式实施动产和权利担保统一登记，为动产融资市场发展提供了坚实的制度基础，动产和权 利担保在支持中小微企业融资中的作用日益重要。当前，正值我国"十四五"规划收官与经济结构深度调 整的关键时期，中国人民银行深入贯彻落实党的二十届三中全会和中央金融工作会议、中央经济工作会 议精神以及党中央、国务院关于优化营商环境、依法发展动产融资工作的决策部署，全面履行动产和权 利担保统一登记职责，赋能动产融资市场高质量发展，支持做好金融"五篇大文章"，持续提升金融服务 实体经济质效。 动产融资支持实体经济的体制机制日益健全 统一登记制度改革落地落实、行稳致远。动产融资是中小微企业获得资金支持的一种重要融资形式。在 全球范围内，虽然金融机构偏好将不动产作为担保品，但企业资产的60%～80%属于动产，在担保交易 制度健全的法律环境下，企业可以使用更多动产作为担保品获得融资。党中央、国务院高度重视动产融 资制度体系建设、支持中小微企业高质量发展。自2007年《物权法》实施以来，我国动产融资市场开始 逐步成长，应收账款质押和转让等融资业务发展迅速， ...

近日，在人民银行绍兴市分行的专业指导下，宁波银行绍兴分行在动产融资创新领域再获突破，成 功为浙江某新能源企业落地2000万元排污权抵押融资业务。这一创新信贷模式的落地，不仅为企业发展 注入金融活水，更开创了区域绿色金融服务的新范式。 宁波银行绍兴分行表示，将持续深化绿色金融创新，加大对节能环保、新能源等绿色产业的支持力 度，不断探索环境权益类动产融资新模式，充分运用人民银行征信中心动产融资统一登记公示系统为更 多企业提供多元化、个性化的金融服务方案，助力地方经济绿色低碳高质量发展。 作为新能源废旧电池梯次回收及循环利用领域的标杆企业，浙江某公司凭借领先的核心产品技术， 先后荣获"国家高新技术企业"、"RMI认证企业"、"绍兴市绿色工厂"等多项荣誉。企业依托中国节能环 保有限公司、北京汽车、浙能电力股份等新能源行业龙头国企的资金与技术支持，专注于新能源产业高 值服务的研发与应用。目前，企业已建成规模宏大的退役锂电池及钴镍资源循环项目，具备年产12000 金属吨钴、10000金属吨镍、8000金属吨碳酸锂的生产能力，其产出的钴、镍、锂、锰化合物产品，可 高效循环应用于动力锂电池生产，形成绿色经济闭环。 近年来，随 ...

Group 1 - The traditional supply chain finance model, centered around core enterprises, faces structural challenges such as low financing accessibility for SMEs, high risk concentration, and low asset circulation efficiency [2][3] - The "Matthew Effect" in credit transmission leads to over 80% of financing resources being concentrated among first-tier suppliers, leaving less than 20% coverage for SMEs below the second tier [3] - The reliance on real estate collateral creates a "scale threshold" that hinders SMEs from utilizing their inventory resources effectively due to complex and costly registration processes [3] Group 2 - The "物的信用" (Object Credit) theory proposed by 中仓登 aims to shift the financing logic from "people-centric" to "object-centric," focusing on the value of movable assets [4] - The innovative risk dispersion mechanism transforms single entity credit risk into asset value risk, thereby distributing financing risks [5] - Financing efficiency is expected to increase significantly through a digital rights confirmation system, reducing financing cycles and costs for SMEs [6] - The inclusivity of the financing ecosystem is enhanced by expanding financing subjects from core enterprises to all participants in the supply chain, effectively addressing the issues of "difficult and expensive financing" for SMEs [7] Group 3 - 中仓登 has developed a five-dimensional verification system to ensure the credibility of movable asset financing, including physical certainty, ownership traceability, value stability, circulation assurance, and risk controllability [8] - The legal foundation for movable asset financing is strengthened by the Civil Code of the People's Republic of China, which establishes the legal basis for electronic warehouse receipts and blockchain evidence [9][10] - The establishment of a national warehouse enterprise information archive promotes online verification of warehouse conditions, ensuring a solid foundation for asset rights management [14] Group 4 - The integration of judicial evidence storage and intelligent monitoring technologies creates a "technical moat" for risk control, ensuring effective evidence recording and real-time monitoring of warehouse conditions [16] - 中仓登 is actively participating in the UNCITRAL framework to implement international standards for electronic transferable records, aiming to enhance cross-border logistics financing [17] Group 5 - The transition from digitalization to intelligence in technology innovation includes the development of intelligent risk control systems and the application of large models for automated risk reporting [18] - Legislative efforts are underway to establish unified registration rules and cross-departmental data sharing mechanisms, shifting movable asset financing from "policy-driven" to "rule-based" [20] - The construction of a "物的信用" system represents a redefinition of the relationship between production and finance, moving from reliance on subjective credit to a data-driven approach [21]