本报记者 熊悦 在政策引导理财资金入市的背景下，今年以来，诸多银行理财子公司加大对权益市场的研究力度，加码布局权益投资。 Wind资讯数据显示，今年前三季度，银行理财子公司密集调研A股上市公司。25家银行理财子公司调研上市公司数量合计 达1762家，调研次数超过2100次。其中科创板及创业板的上市公司占比超过50%。从所属行业板块来看，调研个股主要集中在 工业器械、电子元件、电气部件与设备、医疗保健设备、集成电路等科技属性较强的领域。 科技"底色"上市公司受欢迎 今年前三季度，宁银理财、招银理财、兴银理财等3家银行理财子公司的调研总次数和调研上市公司数均位居前列，调研 总次数分别为301次、288次、241次，调研上市公司数量分别为224家、222家、191家。杭银理财、汇华理财、建信理财、工银 理财等4家银行理财子公司也保持较高的调研频率，调研上市公司数均超过100家。 "银行理财子公司加大对上市公司的调研频次，是其增强资产主动管理能力、精准配置资产、强化合规风控等业务需求的 体现。"上海金融与发展实验室主任曾刚对《证券日报》记者表示，在资管新规的推动下，理财产品净值化转型步伐加快，银 行理财子公司面临更大 ...

Group 1 - Shenzhen Wanrun Technology Co., Ltd. has invested 100 million RMB to establish Shenzhen Wanrun Storage Technology Co., Ltd., holding 100% ownership [1] - Shenzhen Wanrun Storage Technology Co., Ltd. was established on August 8, 2025, with a registered capital of 100 million RMB [1] - The company operates in the computer, communication, and other electronic equipment manufacturing industry [1] Group 2 - The legal representative of Shenzhen Wanrun Storage Technology Co., Ltd. is Liu Yuan [1] - The company is located in Shenzhen and engages in various activities including manufacturing of computer hardware and software, integrated circuit design and sales, and communication equipment manufacturing [1] - The company also provides data processing and storage support services, technical services, and software development and sales [1]

Core Viewpoint - The Hong Kong stock market is experiencing a significant revival in IPO activities, with the total financing amount expected to exceed the entire previous year by mid-2024, largely driven by the return of international long-term capital [1][2]. Group 1: IPO Market Dynamics - The IPO market in Hong Kong has seen a strong recovery since 2025, with financing scale now ranking first globally, attributed to favorable economic policies in China, advancements in technology, and faster regulatory approvals for mainland companies [2][3]. - Predictions suggest that if the total IPO scale in Hong Kong for 2025 reaches between $20 billion and $25 billion, approximately 80% of this will come from A-share companies [3]. - The number of international long-term investors participating in Hong Kong IPOs has increased significantly, with participation rising from 3-5 investors per project in 2023 to over 20 in recent listings [3]. Group 2: Supply and Demand in the Market - Despite the renewed interest in the Hong Kong market, there is a supply shortage of quality projects, leading to difficulties for institutional investors in securing cornerstone shares [4]. - Over 40 A-share companies are currently planning to list in Hong Kong, with more than 20 already having submitted applications to the Hong Kong Stock Exchange [5][6]. Group 3: Investor Preferences and Market Characteristics - Investors are increasingly favoring companies with clear profitability, strong business models, and lower risks, with consumer and industry-leading companies being the most sought after [6]. - The existence of price differentials between A-shares and H-shares should be viewed calmly, as the two markets operate under different ecological conditions, and the supply-demand dynamics dictate their respective prices [7][8].