中长期资金入市

Search documents
上交所:更大力度推动中长期资金入市,持续稳定和活跃资本市场
Bei Jing Shang Bao· 2025-09-22 11:38
北京商报讯(记者 马换换 实习记者 李佳雪)9月22日晚间,上交所官网发布中共上海证券交易所委员会关 于二十届中央第三轮巡视整改进展情况的通报。通报显示,下一步,上交所党委将坚持标准不变、力度 不变、"一把手"负责不变,扎实推进巡视整改常态化长效化。一体推进防风险、强监管、促高质量发展 工作。做好金融"五篇大文章",更大力度推动中长期资金入市,持续稳定和活跃资本市场,更好服务新 质生产力发展和广大投资者。持续推进抓基本、打基础、走基层,"开门办审核、开门办监管、开门办 服务"工作。坚持从严监管、科学监管,既抓早抓小抓苗头,更打大打恶打重点,努力做到严而有度、 严而有方、严而有效。 ...
上交所:推动“科创板八条”“并购六条”创新性示范性案例落地
Di Yi Cai Jing· 2025-09-22 11:19
通报提出,一体推进防风险、强监管、促高质量发展工作。做好金融"五篇大文章",更大力度推动中长 期资金入市,持续稳定和活跃资本市场,更好服务新质生产力发展和广大投资者。持续推进抓基本、打 基础、走基层,"开门办审核、开门办监管、开门办服务"工作。坚持从严监管、科学监管,既抓早抓小 抓苗头,更打大打恶打重点,努力做到严而有度、严而有方、严而有效。 通报提到,进一步全面深化改革。以深化资本市场投融资综合改革为牵引,以深入推进"提质增效重回 报"行动、加强指数化投资生态建设为抓手,健全市场内在稳定性长效机制。发挥好科创板改革"试验 田"作用,落实好进一步全面深化科创板改革各项改革措施;进一步推动"科创板八条""并购六条"创新 性示范性案例落地。稳步拓展互联互通,丰富跨境投融资产品,推进高水平对外开放。坚持守正创新、 至诚至公、全球融通,建设世界一流交易所。 更大力度推动中长期资金入市,持续稳定和活跃资本市场。 9月22日,中共上海证券交易所委员会关于二十届中央第三轮巡视整改进展情况的通报。下一步,上交 所党委将严格按照中央要求,在证监会党委领导和中央纪委国家监委驻证监会纪检监察组监督下,坚持 标准不变、力度不变、"一 ...
证监会:协同各方持续推动各类中长期资金入市和占比提升,加强战略性力量储备和稳市机制建设
Zheng Quan Shi Bao Wang· 2025-09-22 10:50
人民财讯9月22日电,中共中国证券监督管理委员会委员会发布关于二十届中央第三轮巡视整改进展情 况的通报,下一步,全面提升风险化解处置和监管执法能力。坚持投融资协调发展,深入推进公募基金 改革,协同各方持续推动各类中长期资金入市和占比提升,加强战略性力量储备和稳市机制建设。突出 依法严惩、依责严防,加快补齐上市公司、行业机构等法规制度短板,统筹扩大检查覆盖面和提升检查 有效性,进一步提高违法违规线索发现能力,完善与相关部委、地方党委政府对第三方配合造假的综合 惩戒协作机制,进一步健全"准入—持续监管—退出"全链条监管体系,更好发挥日常监管的修复纠正功 能和稽查执法的重拳治理效能。出台更多保护投资者合法权益的硬招实招。 ...
吴清:中长期资金持A股流通市值较“十三五”末增长32%
2 1 Shi Ji Jing Ji Bao Dao· 2025-09-22 10:32
9月22日,国务院新闻办公室"高质量完成'十四五'规划"系列主题新闻发布会顺利召开。 会上,中国证监会主席吴清表示,"十四五"期间,中国资本市场实现了量的稳步增长和质的有效提升,为"十 五五"高质量发展奠定坚实基础。同时过去五年来,证监会落实"十四五"规划和二十届三中全会部署,坚持市 场化、法治化、国际化,系统谋划、统筹联动,推出了一批牵引性强、含金量高的标志性改革开放举措。 "长钱长投"显效 21世纪经济报道记者 黎雨辰 一揽子政策相继落地 记者注意到,今年以来,伴随资本市场深化改革不断推进,在培育长期资本、耐心资本方面,一揽子政策正 不断落地显效。 7月11日,财政部曾印发《关于引导保险资金长期稳健投资 进一步加强国有商业保险公司长周期考核的通 知》,提高国有商业保险公司三年以上长周期考核权重,降低当年度考核权重,标志着险资的重要制度性突 破。 据吴清介绍,"十四五"以来,我国投资端改革实现重大突破。其中,中央金融办会同证监会和相关部门出台推 动中长期资金入市的指导意见及实施方案,着力打通社保、保险、理财等入市的痛点堵点,保险资金长期股 票投资试点、个人养老金制度推广至全国等重要举措相继落地,"引长钱、促 ...
含“科”量、“朋友圈”越来越大、“长牙带刺” ……吴清在国新办发布会上还谈了啥
经济观察报· 2025-09-22 09:45
在发布会上,吴清表示,对资本市场来说,过去五年也是极不 寻常的五年。在中央金融办统筹协调下,证监会与各方面一起 认真抓好贯彻落实,一体推进防风险、强监管、促高质量发 展,合力稳市场、稳预期、稳信心,推动市场健康稳定发展的 态势持续形成并不断巩固。 作者: 蔡越坤 封图:国新网 9月22日下午3时,国务院新闻办公室举行发布会,中国人民银行行长潘功胜,金融监管总局局长 李云泽,中国证监会主席吴清,中国人民银行副行长、国家外汇局局长朱鹤新介绍"十四五"时期金 融业发展成就。 第一,"四梁八柱"的法规制度体系建构成型。以新证券法实施为契机,对相关法规制度进行系 统"立改废释",期货和衍生品法、私募基金监管条例等一些历经"十年磨一剑"的法规发布实施,中 国特色的资本市场法治体系进一步健全。国务院去年出台新"国九条",证监会又会同相关方面相继 出台了60余项配套规则,基础制度和监管底层逻辑得到全方位重构,为资本市场稳定发展打下制 度基础。 第二,纵深推进科创板、创业板改革,成功设立并高质量推进北交所建设,持续深化新三板改革, 稳步发展结构合理、功能互补的多层次股权市场。今年8月,A股市场总市值首次突破100万亿元。 交易 ...
证监会主席吴清:截至今年8月底 各类中长期资金合计持有A股流通市值约21.4万亿元
Zheng Quan Ri Bao Wang· 2025-09-22 09:07
一是投资端改革实现重大突破。坚持投资者利益优先,制定实施公募基金高质量发展行动方案,建立完善投资收益为核心 的考核评价体系,三阶段降费改革全面落地。中央金融办会同证监会和相关部门出台推动中长期资金入市的指导意见及实施方 案,着力打通社保、保险、理财等入市的痛点堵点,保险资金长期股票投资试点、个人养老金制度推广至全国等重要举措相继 落地,"引长钱、促长投"的改革效果加快显现。截至今年8月底,各类中长期资金合计持有A股流通市值约21.4万亿元,较"十 三五"末增长32%。 二是融资端改革持续深化。股票发行注册制由试点到全面推开,逐步走深走实。聚焦服务新质生产力发展,接续推出"科 创十六条""科创板八条""并购六条"等举措,在发行上市、并购重组、畅通募投管退循环等方面加快作出一系列优化完善安排。 今年6月,又在科创板推出设置科创成长层等"1+6"改革举措,目前已有3家未盈利科创企业在重启科创板第五套标准后完成注 册,创业板第三套标准也迎来首单受理。 三是促进上市公司高质量发展的制度机制不断完善。坚持信息披露和公司治理双轮驱动,两次修订信息披露管理办法,系 统完善上市公司治理准则,推进独立董事制度改革,上市公司运作更 ...
中国证监会主席吴清:截至8月末中长期资金合计持有A股流通市值约21.4万亿元
Bei Jing Shang Bao· 2025-09-22 08:20
"引长钱、促长投"的改革效果加快显现。截至2025年8月末,各类中长期资金合计持有A股流通市值约 21.4万亿元,较"十三五"末增长了32%。 此外,推动中长期资金入市的指导意见以及相关的实施方案、保险资金长期股票投资试点、个人养老金 制度推广到全国等重要的举措都相继落地。 北京商报讯(记者 郝彦)9月22日,国务院新闻办公室举行"高质量完成'十四五'规划"系列主题新闻发 布会,介绍"十四五"时期金融业发展成就。 会上,中国证监会主席吴清表示,投资端改革实现重大突破,坚持投资者利益优先,制定实施公募基金 高质量发展行动方案,建立完善投资收益为核心的考核评价体系,三阶段降费改革全面落地。 ...
“稳”字打底 “活”力提升 一揽子政策显效 资本市场向好势头持续巩固
Zhong Guo Zheng Quan Bao· 2025-09-21 20:43
Group 1 - The core viewpoint of the news is the introduction of a comprehensive set of policies by the People's Bank of China, the Financial Regulatory Administration, and the Securities Regulatory Commission to stabilize growth, markets, and expectations, signaling strong financial support for high-quality economic development [1] - The A-share market has shown increased activity, with daily trading volumes exceeding 3 trillion yuan and margin financing balances surpassing 2.4 trillion yuan, indicating a solid foundation for market stability and a vibrant ecosystem [1][2] - The implementation of a "1+N" policy system has led to breakthroughs in funding supply, market structure, and ecological construction, enhancing the market's attractiveness and inclusivity [1][4] Group 2 - Key indicators show that the A-share market's vitality is being continuously released, with a significant increase in trading activity and investor participation [2] - The margin financing balance has risen to 24,024.65 billion yuan, reflecting a growing optimism among investors [2] - The number of new A-share accounts opened in August reached 2.6503 million, a 34.97% month-on-month increase and a 165% year-on-year increase, indicating heightened investor interest [2] Group 3 - The continuous rise in financing balances and private fund sizes, along with active individual investor account openings, suggests a robust inflow of new capital into the market [3] - The collaborative effect of various policies has provided solid support for market stabilization and confidence restoration [4] Group 4 - The foundation of market stability has been reinforced by the implementation of significant financial policies since September 24 of the previous year, enhancing macro policy coordination [4] - Multiple policy initiatives have been introduced to improve market resilience and depth, including reforms in the Sci-Tech Innovation Board and new regulations for major asset restructuring [4][5] Group 5 - The push for long-term capital to enter the market is crucial for enhancing market vitality and stability, with new guidelines aimed at addressing issues related to insufficient long-term capital [5] - Legal measures to combat fraudulent activities and improve market order are being implemented to foster a high-quality market environment [5] Group 6 - Future policies are expected to focus on deepening capital market reforms and enhancing the investment value of listed companies, which will further strengthen market stability and attractiveness [6] - Recommendations include improving the regulatory framework for long-term capital investments and enhancing the quality of listed companies [7][8]
一揽子政策显效 资本市场向好势头持续巩固
Zhong Guo Zheng Quan Bao· 2025-09-21 20:17
Core Viewpoint - The Chinese government has launched a comprehensive set of policies aimed at stabilizing growth, markets, and expectations, signaling strong financial support for high-quality economic development [1][2]. Market Activity - The A-share market has seen daily trading volumes exceeding 3 trillion yuan, with total market capitalization reaching over 100 trillion yuan [2]. - The margin trading balance has risen to 2.4 trillion yuan, indicating increased investor engagement and optimism in the market [1][2]. - New investor accounts opened in August reached 2.6503 million, a 34.97% month-on-month increase and a 165% year-on-year increase, reflecting heightened investor interest [2]. Policy Impact - A series of financial policies implemented since September 24, 2023, have provided a solid foundation for market stabilization and confidence restoration [2][3]. - The introduction of various policies, including the "1+6" policy for the Sci-Tech Innovation Board and reforms for public funds, aims to enhance market resilience and depth [3]. Long-term Investment Strategies - Policies promoting long-term capital inflow, such as expanding insurance fund investment trials and implementing long-term assessments for public funds and pensions, are crucial for enhancing market vitality [3][6]. - The focus on improving the quality of listed companies and strict governance measures is expected to further stabilize the market and stimulate activity [6]. Legal and Regulatory Framework - Strengthening legal frameworks to combat fraudulent activities and ensure transparency is essential for maintaining a healthy market ecosystem [4][5]. - Regulatory measures are being implemented to optimize the behavior of market participants, contributing to high-quality market development [5]. Future Outlook - Continued reforms in capital markets, including enhancing the inclusivity of the Sci-Tech Innovation Board and the Growth Enterprise Market, are anticipated to further boost market stability and attractiveness [6]. - The emphasis on developing patient capital and improving the investment environment is expected to attract more long-term funds into the market [6].
中国证监会机构司司长赵山忠:持续完善适配科创企业发展的监管制度和市场生态
Zheng Quan Ri Bao· 2025-09-19 15:45
Group 1 - The core viewpoint emphasizes the continuous deepening of capital market reforms by the China Securities Regulatory Commission (CSRC) to support the development of technology innovation enterprises [1] - The CSRC has implemented various policies, including the "National Nine Articles," to promote long-term capital inflow into the market and enhance the regulatory framework for technology innovation [1][2] - The focus is on creating a favorable capital market ecosystem that encourages long-term investments, particularly from insurance funds and pension funds, to support technology innovation [2] Group 2 - The financing side has seen reforms in issuance and listing processes, making it easier for technology innovation enterprises to go public without the requirement of sustained profitability [3] - The number of significant asset restructurings among technology innovation enterprises has increased since the introduction of the "Six Merger Articles," indicating a more active merger and acquisition environment [3] - The capital market's investment and financing reforms are gradually enhancing the support system for technology innovation, fostering a virtuous cycle among technology, industry, and finance [3] Group 3 - Public funds are recognized as a crucial force in supporting technology innovation, with the CSRC promoting the development of equity funds and guiding the industry towards a return-oriented approach [4] - As of August this year, the scale of public fund management and equity funds has significantly increased compared to the beginning of the year, contributing to a stable capital market and the growth of residents' wealth [4] - The positive cycle of capital market stability and technology innovation development is accelerating [4] Group 4 - Private equity and venture capital funds are identified as key drivers of technology innovation, providing essential funding and facilitating resource integration through mergers and acquisitions [5] - The CSRC has been actively reforming the private equity and venture capital sector to optimize the ecosystem and enhance the support for technology innovation [5] - Over 90% of companies listed on the Sci-Tech Innovation Board and more than half on the Growth Enterprise Market have received capital support from private equity and venture capital funds, indicating a strong investment trend in early-stage and hard technology [5]