王爷说财经讯：重大突破！刚刚，韩国股市突破2900点，创3年最高！ 到底发生了什么？为何韩国股市暴涨？接下来，韩国股市又会如何？一起来看看。 1、3年最高！韩国股市突破2900点！ 6月11日，韩国综合股价指数（KOSPI）连续第六个交易日上涨，收于2902.74点，自4月低点累计涨幅超20%，正式进入技术性牛市。 与此同时，终结"短视治理"困局李在明所在的共同民主党同时掌控总统职位与国会多数席位，政策推行效率显著提升。 其提出的"实用外交"策略缓解了中美贸易摩擦对韩国出口的冲击，例如通过延长关税豁免期保障三星西安工厂NAND闪存出口，并放宽对华半导体设备出口 限制，推动相关企业营收环比增长47%。 此外，韩国政府计划推出35万亿韩元（约合270亿美元）的紧急经济刺激计划，重点投向AI、生物技术等战略产业，直接提振市场信心。 第二、韩国资本市场改革也利好股市。 这一突破不仅刷新了自2022年1月以来的最高纪录，更标志着韩国股市在经历政治动荡与经济疲软后，迎来系统性修复的里程碑。 2、韩国股市走高原因为何？ 韩国股市的强势反弹绝非偶然，其背后是多重结构性因素的共振： 首先就是政治稳定与政策连贯性。 李在明政府上 ...

Group 1 - The recent policy measures aim to accelerate the construction of a technology finance system to support high-level technological self-reliance and strength [1] - The People's Bank of China will focus on enhancing the intensity and service capacity of technology loans, establishing a "technology board" in the bond market, and improving financial services in technology-intensive regions [1][6] - The financial management departments are actively working to build a technology finance system that aligns with technological innovation, creating a robust policy framework [1] Group 2 - Traditional financial institutions often struggle to support technology-intensive enterprises due to high investment, risk, and long cycles associated with innovation, leading to challenges in financing [2] - A case study from Wenzhou highlights a technology enterprise receiving a loan of 18 million yuan for a technology transformation project, showcasing the need for increased operational funding [2][3] - The Agricultural Bank of China provided significant project loan support to a technology enterprise, demonstrating the effectiveness of central bank policies in facilitating financial services [3] Group 3 - The introduction of a "technology board" in the bond market aims to enhance financial support for technology innovation, with a growing issuance of technology innovation bonds [4] - The China Development Bank issued three technology innovation bonds totaling 20 billion yuan, focusing on supporting technology-driven enterprises and strategic emerging industries [5] Group 4 - The People's Bank of China is optimizing the financial service system in key regions like Beijing and Shanghai to enhance the support for technology finance [6] - A collaborative action plan was launched in Shenzhen to explore new approaches for regional technology finance development, emphasizing the need for comprehensive financial services for technology enterprises [6] Group 5 - A conference in Shenzhen highlighted the importance of technology finance in supporting the growth of innovative enterprises, aligning with national strategies for building a strong financial system [7]

Core Insights - The article emphasizes the importance of hands-on experience in scientific research, particularly in rice research, highlighting that theoretical conclusions must be validated in the field [1][2] - It reflects on the dedication and perseverance of researchers, illustrating that significant breakthroughs are often the result of years of hard work and persistence [2] Group 1: Research and Development - The article mentions that the work of researchers like Qian Qian involves both laboratory and fieldwork, indicating a balanced approach to scientific inquiry [1] - It highlights the efforts of various research teams across different institutions, such as the exploration of cosmic origins and advancements in agricultural technology, showcasing the diversity of scientific endeavors [1][2] Group 2: Scientific Community - The article underscores the value of a dedicated scientific workforce, noting that the current landscape of high-tech fields like AI, quantum technology, and biotechnology benefits from a strong base of researchers [2] - It conveys a sense of gratitude for the commitment of scientists who invest significant time and effort into their research, reinforcing the notion that sustained dedication leads to innovation [2]

证 券 研 究 报 告 2025 年 6 月 9 日星期一 2 年期美债收益率涨 11.02 个基点报 4.0345% 5 年期美债收益率涨 12.79 个基点报 4.1225% 10 年期美债收益率涨 11.11 个基点报 4.5056% 【实时热点】 【美国债市】 资料来源：BLOOMBERG、AASTOCKS、WIND、格隆汇、国元证券经纪（香港）整理 1 请务必阅读免责条款 美国 5 月非农就业人数增加 13.9 万人，高于市场预期 特朗普仍敦促美联储主席鲍威尔将利率下调一个百分点 美联储哈克：美联储今年晚些时候仍有可能降息 日本央行据悉考虑放缓削减购债规模的步伐 俄央行下调基准利率至 20% 印度央行降息 50 个基点，为今年连续第三次降息 哈佛报告称中国生物技术有望超美 中国 2024 年海洋生产总值首次突破 10 万亿元 崔东树：5 月新能源车促销降到 11%的中高位 雷军：小米 su7ultra 即将入驻《Gran Turismo 7》 【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(%) | | --- | --- | --- | --- ...

中国生物科技公司正逐步从"仿制药物"的形象中转型，开始推出具有全球市场潜力的创新疗法，尤其是 在癌症治疗和自身免疫性疾病领域。这一转变带动了与跨国公司的更多许可交易，也吸引了辉瑞、葛兰 素史克、赛诺菲和诺华等企业的新一轮投资。 生物技术具有很大的潜力，有望给医疗、农业、能源等诸多领域带来变革，正成为各国政府角力的焦 点。近期，多家外媒报道称，在全球战略科技竞争加剧的背景下，中国正迅速崛起，成为全球生物技术 领域的重要力量，正在重塑全球生物技术的竞争格局。 临床试验数量超美 美国Axios新闻网5月29日刊发题为《中国生物科技崛起，让美国奋力追赶》的文章，称中国已成为全球 药物开发的关键，这是十年来国家大力发展生物制药产业战略的结果。 根据国际研究机构GlobalData发布的报告，中国在临床试验数量上已经超越美国，这是全球生命科学竞 争的新拐点。 数据显示，2024年，中国在世界卫生组织的国际临床试验注册平台上登记了逾7100项临床试验，美国则 约为6000项。 报道援引商业地产服务机构世邦魏理仕的一份报告称，截至2024年底，北京和上海的实验室及研发空间 在建规模也超过了全球其他主要城市，波士顿则位居其后。 ...

来源：环球时报 意想不到的事不断出现。DeepSeek发布的模型彻底打破硅谷在人工智能领域不可战胜的神话。尽管面 临美国严厉的芯片限制，中国仍具备推出接近前沿技术的模型的能力。值得注意的是，中国在人工智能 技术的其他方面也展现出更强竞争力，尤其在硬件和人才方面。在自我吹捧中膨胀的西方国家，如今面 临一个更精干的竞争者，一个在资源匮乏中茁壮成长且人才济济的对手。 中国在无人机制造领域的霸主地位也无可争议。作为中国无人机行业的骄傲，大疆长期占据全球70%的 市场份额。笔者曾与美国无人机初创公司的工程师交谈，他们对无法仿制大疆的一款无人机电机感到既 沮丧又惊叹。或许中国最强大的武器是依赖性——西方国家对中国无人机供应链的依赖。 在生物技术领域，中国对西方主导地位的挑战最为紧迫。数据展现出其迅猛崛起的轨迹。2023年中国占 全球临床试验启动量的28%，仅次于美国。如今，中国研发的新型疗法数量已超欧洲，近1/3大型制药 许可协议涉及中企。5年前中企在这方面还毫无建树。这是巨大的结构性变化。中国的生物技术体系并 非神秘莫测，更与偷窃或间谍无关——尽管西方喜欢找替罪羊。真相很简单：中国在西方薄弱的方面 ——速度、规模和务实 ...

Group 1 - The 20th China Western International Expo (West Expo) is being held in Chengdu from May 25 to 29, attracting over 3,000 enterprises from both domestic and international markets, showcasing the latest technological products and various goods [19] - The event features a significant exhibition area of 200,000 square meters, highlighting the scale and importance of the expo [19] - This year's expo has established Laos and Hungary as the dual guest countries, along with Zhejiang and Qinghai as the dual guest provinces, and invited the UAE as a partner to enhance connectivity with Belt and Road countries [19] Group 2 - The West Expo focuses on three main themes: Western Open Cooperation, New Driving Forces for Western Industries, and Better Life in the West, covering 15 thematic exhibition halls [19] - The expo showcases cutting-edge fields such as artificial intelligence, biotechnology, new displays, and low-altitude economy, reflecting the latest technological advancements [19] - Sichuan, as the host, aims to build a modern industrial system with unique local characteristics, emphasizing industries like artificial intelligence, low-altitude economy, modern logistics, biomedicine, and modern finance [19] Group 3 - The West Expo serves as an important platform for China's opening up, demonstrating the development potential, market vitality, and investment attractiveness of Western China [20]

Group 1 - China's continuous opening up creates new export opportunities for Hungary and facilitates joint innovation and technology cooperation for both Chinese and global markets [1][2] - The recent China-Central and Eastern European Countries Expo showcased 12 Hungarian companies across key export sectors such as food and beverage, agricultural technology, logistics, and cosmetics [1] - The bilateral trade volume between China and Central and Eastern European countries reached a record high of $142.3 billion in 2024, reflecting a 6.3% year-on-year increase, indicating deepening interdependence and complementary advantages [1] Group 2 - Hungary aims to expand its exports to China, with the Hungarian Export Promotion Agency actively working to surpass the $142.3 billion milestone [1] - The establishment of BYD's European headquarters and R&D center in Budapest signifies recognition of Hungary's innovation capabilities by Chinese companies [2] - Future cooperation between Hungary and China is expected to thrive in sectors such as medical technology, information communication, smart agriculture, and environmental technology, leveraging Hungary's R&D strengths [2]

Group 1: Global Trade and Economic Environment - The 2025 Global Trade and Investment Promotion Summit emphasized the importance of building an inclusive and open international economic environment to address challenges and seize opportunities [1][2] - The President of the New Development Bank highlighted the rapid development of technology, particularly in AI, big data, biotechnology, quantum computing, and electric vehicles, which are reshaping industries and creating new opportunities [2] - The need for enhanced international cooperation, especially among developing countries, was stressed to promote innovation and technology sharing [2] Group 2: Digital Trade and SMEs - The International Council for Small Enterprises called for the establishment of an inclusive digital trade ecosystem to support the sustainable development of SMEs, particularly from developing countries [3] - The importance of cross-border free movement of people, goods, and investments was highlighted, with a focus on the necessity of international cooperation for countries lacking comparative advantages [3] Group 3: AI and Supply Chain Resilience - AI is playing a significant role in international trade, optimizing every stage from product design to delivery, and enabling SMEs to overcome geographical limitations [4] - The integration of digital and intelligent technologies into supply chain planning and operations is crucial for maintaining economic stability and resilience in the face of global challenges [4] Group 4: Opportunities in the Chinese Market - The rapid development of AI technology in China presents vast opportunities for global cooperation, with foreign companies sharing their localized innovation experiences [7] - The bilateral trade between China and Mexico is projected to exceed $130 billion in 2024, highlighting the importance of multilateralism and cooperation [7] - The U.S. Soybean Export Council emphasized the new opportunities for U.S.-China soybean industry cooperation, particularly in the context of China's high-quality economic development [7] Group 5: Localized Innovation and Collaboration - Companies like Honeywell and Westinghouse Transportation Group have emphasized their commitment to the Chinese market, focusing on local innovation and supply chain integration [8][9] - The establishment of local R&D centers, such as Suzano's in Shanghai, demonstrates the trend of foreign companies deepening their investment and collaboration within China [9]

Group 1: Investment and Financing Activities - Weiming Shiguang completed a strategic round of financing of nearly 100 million RMB, with investments from L'Oréal Group and Naies Group, highlighting its leading position in the field of bioactive materials innovation [2] - Digital Light Chip recently completed a tens of millions RMB A+ round of financing, led by Guangdong Hengqin Shenhe Industrial Investment, to support ongoing chip research and design [3] - Xincheng Entertainment completed a tens of millions RMB A round of financing, with funds aimed at developing an AI content production engine and establishing an overseas operational center [3][4] - IMCOCO Group announced the completion of a Pre-A round financing of over 100 million RMB, with funds allocated for factory capacity expansion and global brand development [5] - Shandong Jinghu Technology completed a tens of millions RMB financing round to upgrade production equipment and expand capacity for high-end quartz crystal materials [6] - Airwallex completed a $300 million Series F financing, bringing its total funding to over $1.2 billion, with plans to expand its global financial service infrastructure [8] Group 2: Company Developments and Strategic Partnerships - Weiming Shiguang established a strategic partnership with L'Oréal Group to co-develop innovative bioactive ingredients and promote low-carbon biomanufacturing technology [2] - Xincheng Entertainment has set up six operational hubs in Southeast Asia and Europe, creating a network of creators across 20 countries [4] - Digital Light Chip focuses on silicon-based micro-display driver chip design, serving various applications including AR/VR and automotive projection [3] - Jinghu Technology specializes in high-performance quartz crystals, primarily used in 5G communication and aerospace applications [6] - Airwallex aims to optimize its software platform and support businesses in achieving borderless growth through its expanded financial services [8]