Core Viewpoint - The ownership of Credit Suisse Securities (China) Co., Ltd. has transitioned from a foreign-controlled joint venture to a state-owned brokerage following the completion of a share transfer to Beijing State-owned Assets Management Co., Ltd. [1][2] Group 1: Share Transfer Details - On July 23, 2024, the share transfer was finalized, with Credit Suisse Securities being renamed Beijing Securities Co., Ltd. [1] - The transfer involved Beijing State-owned Assets Management Co., Ltd. acquiring 85.01% of Credit Suisse Securities, including 36.01% from UBS Group and 49% from Founder Securities, for a total consideration of approximately $19.35 million (about 1.455 billion RMB) [2] - The transfer process took over a year, with regulatory approval from the China Securities Regulatory Commission received on March 12, 2024 [2] Group 2: Financial Performance - Credit Suisse Securities reported a significant decline in performance, with 2024 revenue of 56.85 million RMB, down approximately 63.81% year-on-year [3] - The net loss for the company in 2024 was 162 million RMB, indicating ongoing financial struggles [3] - The revenue breakdown included net income from investment banking of 15.41 million RMB (down 61.91%), brokerage fees of 2.36 million RMB (down 25.62%), and net interest income of 19.72 million RMB [3] Group 3: Strategic Implications - The acquisition aligns with national and municipal policies aimed at enhancing financial services for the real economy [3] - Following the establishment of Beijing Securities, the Beijing state-owned capital system now includes at least five brokerages, raising questions about potential consolidation in the industry [3]

Core Points - Qingdao Bank has made its debut on the 2025 Fortune China 500 list, ranking 495th, and is the only bank from Shandong province to be included this year [1][4] - The total number of Shandong enterprises in the Fortune 500 remains at 19, with a focus on optimizing the structure, highlighting the strength of traditional industries [1][4] - Qingdao Bank's inclusion reflects the rise of regional financial power, as the number of banks on the list increased from 28 to 33, with a total net profit of $2,662 million, accounting for 35% of the total profits of the 500 companies [2][4] Financial Performance - In 2024, Qingdao Bank achieved a revenue of 13.498 billion yuan, a year-on-year increase of 8.22%, and a net profit of 4.264 billion yuan, with a growth rate of 20.16% [4] - The bank's total assets surged to 689.963 billion yuan, an increase of 13.48%, with total assets exceeding 900 billion yuan for the first time [4] - The non-performing loan ratio decreased to 1.14%, marking seven consecutive declines, while the provision coverage ratio increased to 241.32%, achieving five consecutive increases [4] Strategic Focus - Qingdao Bank has been actively engaging in regional economic development, excelling in blue finance, green finance, and inclusive finance [5][6] - The bank has launched a dedicated service brand for the marine economy, with blue loan balances reaching 19.205 billion yuan, a growth of 14.44% since the beginning of the year [6] - In green finance, the bank's green loan balance surpassed 43.722 billion yuan, with a quarterly growth rate of 17.06%, significantly higher than the average loan growth rate [6] Brand Strength - Qingdao Bank's brand value reached 36.236 billion yuan, ranking 317th in the "China's 500 Most Valuable Brands" list, marking the ninth consecutive year of this recognition [6] - The bank's strategic focus aligns with the national regional development strategy, providing a positive cycle of economic empowerment for banks [7]

新消费 · 新科技 · 新生活 以下文章来源于略大参考 ，作者杨知潮 略大参考 . 沃尔玛2024财年的净利率只有2.39%、京东2024年净利率为3.6%、亚马逊零售业务的利润率大约为5%。 这几家公司，恰恰都是当下积极发行稳定币的大公司。 如果稳定币真的能像外界畅想的那样，成为他们生态内的主流支付方法，仅利息收入就可能每年上百亿元——这不只是一种理财方法，更是一种可以成为支 柱的收入来源。 很多低利润的生意，其商业模式都将发生永久改变。 利润越低，越需要稳定币 4%，这是一个美元稳定币世界的"自然底数"。 整个产业的商业模式都围绕这个数字展开，这个数字就是当下的美元国债利率。 银行和保险公司之所以能赚钱，核心就是拥有一个极低成本、低风险的资金来源。而在稳定币的加持下，沃尔玛、亚马逊这种拥有大量交易额的零售企业，也有可能 获取到这个优势。 文 ｜ 杨知潮 来源｜ 略大参考（ID：hyzibenlun） 封面来源 ｜ Unsplash 几天前，美团核心本地商业CEO王莆中透露了自家外卖的利润率：约4%。 这正好是美元稳定币的"利润率"。因为稳定币的商业模式是把用户购买稳定币的钱购买国债，赚取利润，而当下的美元 ...

金融贯穿于生产、贸易、投资等各领域，带动资金、技术、人才等要素流动，是产业链供应链稳定畅通的重要支撑。 他表示，下一步，湖南各相关职能部门和金融机构将结合实际情况，全力推动外贸政策落地落细，推动各项惠企政策措施精准直达企业；全力推动金融服务 提质增效，扩大信贷投放，优化保险服务，畅通跨境支付，发展融资增信，引导更多的资金活水流向外贸企业；全力推动外贸企业做优做强，做好银企对 接，发挥金芙蓉基金的牵引带动作用，引导社会资本加大对外贸企业的投资力度，支持和推动一批符合条件的优质外贸企业境外上市融资、发行海外债券， 支持外贸企业利用两个市场、两种资源，发展壮大、做优做强。（文/甘红） 实体经济是经济发展的根基，服务实体经济是金融立业之本。6家金融机构在会上介绍了支持企业外贸情况及相关金融产品。17家省内重点外贸企业代表参 加会议，3家企业代表介绍了公司外贸情况及金融需求。 近年来，湖南省出台了系列金融支持外贸的政策措施，推进外商投资股权投资类企业试点，支持企业境外发行债券及上市融资，加大外贸企业融资支持，推 进企业汇率风险管理，提升对外贸易便利化水平，取得积极成效。 据湖南省委金融办副主任罗栋介绍，截至2025年6 ...

罗俊杰在吹风会上表示，我国已建成全球规模最大、发展最快的清洁能源体系。水电、风电、光伏发电 装机规模连续多年稳居世界首位，2025年核电总体规模首次跃居世界第一。全球单机容量最大26兆瓦级 海上风力发电机组、全球首座300兆瓦级压气储能电站等一批具有全球影响力的重大装备相继问世。 （图为吹风会现场 郭博昊/摄） 罗俊杰认为，站在"十四五"规划收官与"十五五"规划开启的时间点，在全球加速绿色转型、中国引领产 业创新的大背景下，举办一届高水平、国际化、专业性的世界清洁能源装备大会，汇聚全球智慧、展示 前沿成果、深化产业合作，恰逢其时。 据了解，本届大会汇聚全球产业链上下游领军企业、关键用户行业代表、科研机构与高校、权威专家学 者、金融机构及投资界人士，共建产业生态。覆盖清洁高效燃煤装备、水电、风电、光伏、核电、生物 质能装备，以及新型储能、智能电网、高效输变电等清洁能源装备全产业链核心领域。展示最新科技创 新成果与前沿技术，探讨装备智能化升级、数字化转型路径、新一代信息技术与装备的深度融合，推动 能效提升与资源循环利用。 记者注意到，大会将采用"1+1+N"模式，包括开幕式、权威主旨大会、多场深度专题会议、清洁能 ...

近期，富国银行高管、国际保理商联合会（FCI）主席茅晨月因"涉及中方在办的一起刑事案件，被中方 执法部门依法采取限制出境措施"，相关消息受到国内外关注。茅晨月主管的国际保理业务也因此成为 市场焦点，引发各种猜测。 国际保理业务对外贸企业有何作用？主要操作模式是什么？可能存在哪些风险和漏洞？ 据第一财经记者从部分银行和保险人士处了解到，国际保理与国内保理业务功能类似，对作为供应商的 出口企业来说，主要作用是可以加速资金回流、规避买方违约风险等。但因为涉及跨境，业务细节会更 为复杂。 保理业务突破外汇管制并不容易。 关于跨境供应链金融数字平台的应用及其高效"连通"作用，一家外资银行供应链金融在中国的区域负责 人刘冰对记者表示，相比国内基于数字化平台的应收账款电子凭证已经较为成熟，数字平台和金融工具 的跨境使用仍有难度，当前国际保理业务的电子化程度不高，多数仍以传统的应收账款融资为主。 那么，国际保理业务能否利用监管漏洞突破外汇管制？出口商虚构交易、绕道融资的动力多大、风险几 何？ 综合受访人士观点来看，通过所谓的NRA账户（境外机构境内账户）+FT账户（自由贸易账户）组合 逃汇的难度非常大；虚构交易将损害无追索条 ...

周四（7月24日），A股市场全天震荡走高，三大指数均再创年内收盘新高，沪指2022年1月以来首次收 于3600点上方。沪深两市全天成交额1.84万亿元，个股涨多跌少，全市场超4300只个股上涨！多头氛围 越来越浓，券商、医疗、有色龙头、金融科技、国防军工、化工等集体起立。 牛市还看券商，A股顶流券商ETF（512000）场内收涨2.88%，日线强势6连涨，再度刷新年内高点。周 期股继续推高，锂矿、稀土等能源金属集体暴走，有色龙头ETF（159876）场内猛涨超3%，上探2022 年7月以来的高点。在超跌板块上，资金以医疗为突破口重点抢筹，医疗ETF（512170）场内放量大涨 2.82%！ | 什么 | 类型 名称 | 现价 | 涨跌幅 ▼ | 成交额 | | --- | --- | --- | --- | --- | | 159876 | 主 有色龙头ETF | 1.336 c | 3.17% | 732.06万 | | 512000 | 行 券商ETF | 1.179 c | 2.88% | 16.09亿 | | 512170 | 主 医疗ETF | 0.364 c | 2.82% | 11.27亿 | ...

周四（7月24日），大金融、大科技集体活跃，金融科技板块连续第三日上涨，成份股大面积飘红。其 中，指南针涨超7%创历史新高，近1个月股价飙升超60%。其他热门个股方面，天阳科技涨超9%，财富 趋势涨超7%，东方财富、恒生电子、同花顺等多股涨超2%。 热门ETF方面，规模、流动性同类断层第一的金融科技ETF（159851）尾盘放量冲高，场内价格收涨 2.02%，收盘价为历史次高（前复权），日线三连涨！全天成交额超11亿元，交投活跃。资金连续多日 借道ETF布局金融科技，159851近十日累计吸金超20亿元！ 金融科技后续能否突破前高？综合市场分析来看，当前板块多重预期叠加，板块布局机会值得重点关 注。 中泰证券指出，增量市场下紧握非银板块相对收益机会。从市场交易特征来看，2025年6月以来，A股 市场逐步从存量市场转为增量市场。随着交投活跃度攀升，市场整体估值中枢开始普遍和趋势性抬升， 板块从轮动到普涨，赚钱效应开始显现。投资者需要重视非银板块相对收益的机会。 招商证券指出，7月份科技创新仍是成长主线，大盘与题材共振，看好金融科技方向。首先，稳定币 &RWA作为金融科技明确的发展方向之一，目前处于海内外同步推进 ...

种种迹象表明，投资者加速跑步入场，害怕错过这难得的投资机遇。关于后续市场行情如何演变，多家机构纷纷发表观 点，并阐述相应的投资策略。 机构激辩：后市行情能否继续突破？ 分析人士认为，相比于上次上证指数突破3600点主要是由政策驱动，本次突破3600点更多的是由流动性和基本面驱动，市 场上涨趋势更为平稳，走势更为稳健。下半年，全球流动性将进一步宽松，内外因素交织下，市场将维持震荡上行态势。 光大证券策略首席分析师认为，从当前市场预期看，9月可能成为年内美联储降息的关键节点，若下半年美联储启动降息， 全球流动性将进一步宽松，助力中国资产重估。下半年市场仍存在一些预期差，或将开启下一阶段上涨行情，并有望突破 2024年下半年的阶段性高点。 7月24日，沪指继续上涨0.65%，成功站上3600点高地，这也是今年以来的首次。另外，深成指涨1.21%，创业板涨1.5%， 两市共1.84万亿资金涌入，逾4100只个股上涨，赚钱效应十分明显。 今日，除了基建股等热门题材外，券商板块亦集体暴动，成为指数大涨背后的重要推手之一。 截至收盘，锦龙股份（000712.SZ）涨10%，国信证券（002736.SZ）、中银证券（6016 ...

Group 1: Financial Technology Development - The Beijing Financial Technology and Professional Services Innovation Demonstration Zone, known as "Jin Ke New District," has attracted 266 financial technology companies with a total registered capital exceeding 140 billion yuan [4] - The district has established a complete industrial chain, gathering infrastructure, leading enterprises, professional service institutions, and small technology companies, enhancing its ecosystem [4][5] - The district's development focus has shifted from initial industrial aggregation to optimizing the industrial ecosystem and improving service capabilities, aiming for high-quality development [5] Group 2: Cultural and Historical Significance - The Xiangshan Revolutionary Memorial Hall has received over 1.9 million visitors since its opening in 2019, showcasing the history of the Communist Party's leadership in the arts [6] - The memorial hall has launched innovative educational practices, including a "Big Ideological and Political Class" education system, serving nearly 500 families and over 1,000 students and parents [7] Group 3: Water Resource Management - The South-to-North Water Diversion Project has transferred over 760 billion cubic meters of water, benefiting more than 185 million people, with 11.1 billion cubic meters directed to Beijing since 2014 [8] - Beijing's water supply relies on the South-to-North Water Diversion for 80%, while Tianjin relies entirely on it [8] Group 4: Intellectual Property Court Efficiency - The Beijing Intellectual Property Court has a case closure rate of 93% within the stipulated time, handling a wide range of cases, with 90% of cases being first-instance [10][11] - The court has implemented electronic and centralized reforms, significantly improving trial efficiency and reducing litigation costs, with online filing rates reaching 94% and online trial rates exceeding 85% [10][11]