党的二十届四中全会提出"加快高水平科技自立自强，引领发展新质生产力"，2025年《政府工作报告》也部署了深化大数据、人工智能等研 发应用，实施"人工智能+"行动。在此背景下，持续推动"科技-产业-金融"三者深度融合、递进形成、互促发展并互为支撑的良性循环，发挥 金融对科技创新和产业进步的支持作用，是我国经济高质量发展的必由之路，更是实现中国式现代化建设的必然选择。 在此背景下， 2025腾冲科学家论坛——"科技+金融"论坛将于2025年12月7日在云南举办，论坛以"AI+金融：技术赋能与价值创造"为主题， 由清华大学五道口金融学院主办，是2025腾冲科学家论坛分论坛之一。 结合全球金融科技趋势与国内实践，围绕产业发展、创新驱动、资金 融通等维度展开深度探讨，旨在为科技金融创新发展提供高端交流平台及智力支持，为地方科创成果提供展示窗口，为金融机构与科创企业 搭建经验交流与投融资合作对接渠道。 08:30-09:00 嘉宾签到 09:00-09:05 主持人开场 09:05-09:10 主办方致辞 09:10-09:30 领导致辞 09:30-10:30 主旨演讲 10:30-11:30 高端对话:AI+金融:双 ...

基本信息 主办单位：清华大学五道口金融学院 承办单位：《清华金融评论》编辑部、科学企业家® 活动时间：2025年12月7日(星期日)9:00-12:30 活动地点：云南·腾冲世纪金源大饭店宴会厅 活动主题：AI+金融·技术赋能与价值创造 党的二十届四中全会提出"加快高水平科技自立自强，引领发展新质生产力"，2025年《政府工作报告》也部署了深化大数据、人工智能等研 发应用，实施"人工智能+"行动。在此背景下，持续推动"科技-产业-金融"三者深度融合、递进形成、互促发展并互为支撑的良性循环，发挥 金融对科技创新和产业进步的支持作用，是我国经济高质量发展的必由之路，更是实现中国式现代化建设的必然选择。 在此背景下， 2025腾冲科学家论坛——"科技+金融"论坛将于2025年12月7日在云南举办，论坛以"AI+金融：技术赋能与价值创造"为主题， 由清华大学五道口金融学院主办，是2025腾冲科学家论坛分论坛之一。 结合全球金融科技趋势与国内实践，围绕产业发展、创新驱动、资金 融通等维度展开深度探讨，旨在为科技金融创新发展提供高端交流平台及智力支持，为地方科创成果提供展示窗口，为金融机构与科创企业 搭建经验交流与投融资 ...

Core Viewpoint - The recent surge in A-share IPOs, particularly in the hard technology sector, reflects China's economic transformation and the increasing emphasis on technological self-reliance and innovation as outlined in the 20th Central Committee's Fourth Plenary Session [2][5][6] Group 1: A-share IPO Market - The A-share IPO market is experiencing a wave of activity with companies like Moer Technology, Muxi Co., and Yushu Technology entering the market, showcasing their core technologies and market influence [2][3] - Muxi Co., established in 2020, plans to issue up to 40.1 million shares to raise approximately 3.904 billion yuan, focusing on the development of high-performance GPU products and related technologies [3][4] - Moer Technology successfully passed its IPO review in just 88 days, indicating strong policy support for AI and new productivity sectors [4] Group 2: Policy Support and Market Outlook - The 20th Central Committee emphasizes accelerating high-level technological self-reliance and innovation, aiming to enhance the national innovation system and seize technological development opportunities [5][6] - The A-share market has shown a stable upward trend since September 2024, with regulatory bodies emphasizing the need to maintain an attractive and inclusive capital market [5] - The current technological revolution, particularly in AI, biomedicine, and blockchain, is reshaping the integration of technology, industry, and finance, with a focus on supporting high-quality enterprises through capital markets [5][6] Group 3: Industry Insights - Experts believe that the focus on "new productivity" places hard technology sectors like AI, high-end chips, and advanced manufacturing at the forefront of national strategy [6] - The exit of foreign giants from the market has created significant demand for domestic alternatives, leading to a surge in local tech startups [6] - The listing of these unicorn companies signals a shift in China's tech innovation from laboratory settings to large-scale industrialization, with the capital market acting as a crucial catalyst [6]

Core Viewpoint - The A-share market has reached significant milestones during the "14th Five-Year Plan" period, with total market capitalization exceeding 100 trillion yuan, driven by increased company listings and substantial investments [4][5]. Group 1: Market Capitalization and Investment - The total market capitalization of the A-share market surpassed 100 trillion yuan in August 2023 [4]. - Over the past five years, the stock and bond financing in the exchange market reached 57.5 trillion yuan, with the direct financing ratio increasing by 2.8 percentage points to 31.6% [5]. - The technology sector has become a dominant force in new listings, with its market capitalization accounting for over 25% of the total, surpassing the combined market capitalization of banking, non-banking financial, and real estate sectors [5]. Group 2: Dividend and Buyback Trends - In the last five years, listed companies distributed a total of 10.6 trillion yuan through dividends and buybacks, representing an increase of over 80% compared to the "13th Five-Year Plan" period [5]. - The A-share market has seen a record high in share buybacks, totaling 550 billion yuan over the past five years [5]. Group 3: Market Stability and Foreign Investment - The resilience and risk resistance of the A-share market have improved, with the annualized volatility of the Shanghai Composite Index at 15.9%, down 2.8 percentage points from the previous five-year period [6]. - As of August 2023, various types of medium- and long-term funds held approximately 21.4 trillion yuan of A-share circulating market value, a 32% increase from the end of the "13th Five-Year Plan" [6]. - Foreign investment in A-shares has also risen, with foreign holdings reaching 3.4 trillion yuan [6]. Group 4: Future Directions - The China Securities Regulatory Commission (CSRC) plans to enhance the adaptability of the multi-tiered market system, focusing on reforms in the Science and Technology Innovation Board and the Growth Enterprise Market [9]. - The CSRC aims to strengthen the role of medium- and long-term funds as stabilizers and attract more global capital to invest in China [9]. - There will be a continuous effort to improve the quality and investment value of listed companies, emphasizing responsibility among key stakeholders and enhancing information disclosure [9]. - Regulatory precision and effectiveness will be prioritized to ensure a well-ordered capital market that promotes high-quality development [9].

Group 1 - The Chengdu Jianyuan Ciyuan Jiazi Equity Investment Fund (referred to as Jianyin AIC Fund) has officially signed with a total scale of 1 billion yuan, focusing on equity investments in industries led by Chengdu High-tech Zone, including electronic information, digital economy, biomedicine, and high-end manufacturing [1] - The establishment of Jianyin AIC Fund is a collaborative effort between Chengdu Jiazi Financial Holding Group, Chengdu High-tech Ciyuan Investment Group, and Jianxin Financial Asset Investment Co., aiming to support technological innovation in pilot areas and respond to the national financial regulatory authority's notice on expanding the pilot scope of financial asset investment companies [1] - Jianyin AIC Fund will primarily invest in enterprises within Chengdu's administrative region and the Chengdu High-tech Zone, introducing stable financial capital to support local tech companies in overcoming key core technologies and accelerating industrialization [1] Group 2 - The Chengdu Jiazi Financial Holding Group's "Jiazi System" fund aims to attract national financial capital to Chengdu, promoting the deep integration of technology, industry, and finance, thereby providing strong support for Chengdu to build a nationally influential technology innovation center [2]