证监会表示，所有课题研究方向均不代表证监会监管导向，仅作为研究储备。 证监会明确了12个选题方向：新公司法下提升上市公司治理有效性、优化上市公司结构研究；公募基金 与投资者利益绑定机制研究；资本市场与养老金融投资机制创新研究；会计师事务所资本市场执业监管 研究；AI技术发展背景下投资者行为模式变化趋势、市场影响与监管研究；开放环境下我国资本市场 监管能力提升研究；证券执法领域共同违法问题研究；推动中长期资金入市配套政策研究；提升资本市 场定价效率研究；提高资本市场制度包容性适应性研究；资本市场支持传统产业上市公司提质增效研 究；人工智能等科技发展对资本市场的影响和挑战。 根据课题申报条件，证监会明确，课题原则上由一家或两家单位牵头，参与单位要保持多样性。其中， 课题牵头单位包括但不限于：国内外一流智库、高校和科研院所；国内外知名证券公司、期货公司、投 资咨询机构、中介服务机构等市场机构；国内外知名公募基金、私募基金、社保基金、企业年金、保险 资金等机构投资者等。原则上自然人不能单独作为课题牵头方。同时，课题牵头单位必须具备完成课题 所需的人才和物质条件。作为课题研究的主要责任方，课题牵头单位负责组建课题组，组 ...

4.会计师事务所资本市场执业监管研究 5.AI技术发展背景下投资者行为模式变化趋势、市场影响与监管研究 6.开放环境下我国资本市场监管能力提升研究 根据工作需要，现向社会公布中国证监会省部级课题选题方向及申报指南。 一、指导思想 坚持以习近平新时代中国特色社会主义思想为指导，深入贯彻党的二十大和二十 届历次全会精神，进一步落实中央金融工作会议和新"国九条"部署，紧扣防风险、强 监管、促高质量发展的工作主线，紧紧围绕"十五五"时期提高资本市场制度包容性、 适应性的六项重点任务，汇聚全社会研究力量，加强资本市场重大问题的前瞻性和基 础性研究，共同形成一批具有理论价值和实践意义的研究成果。 二、选题方向 1.新公司法下提升上市公司治理有效性、优化上市公司结构研究 2.公募基金与投资者利益绑定机制研究 3.资本市场与养老金融投资机制创新研究 7.证券执法领域共同违法问题研究 8.推动中长期资金入市配套政策研究 9.提升资本市场定价效率研究 10.提高资本市场制度包容性适应性研究 11.资本市场支持传统产业上市公司提质增效研究 12.人工智能等科技发展对资本市场的影响和挑战 三、课题申报条件 （一）课题原则上由一家或两 ...

Core Viewpoint - The establishment of the Academic Committee of the China Capital Market Society is a significant step to enhance theoretical research and leverage the think tank platform for the development of China's capital market [1] Group 1: Establishment and Purpose - The Academic Committee was formed during the inaugural meeting held in Beijing on December 18, 2023 [1] - The committee aims to focus on key issues such as inclusiveness, pricing efficiency, financial technology, and legal construction in the capital market [1] - The committee consists of 29 authoritative experts and scholars from the capital market research field, with a term of four years [1] Group 2: Structure and Composition - The committee includes a chairman, four vice-chairmen, and members from government research institutions, academic experts, overseas scholars, and market institution experts [1] - The committee is positioned as the highest academic institution of the China Capital Market Society [1] Group 3: Goals and Activities - The committee is dedicated to strengthening academic research, promoting academic exchange, encouraging academic innovation, and upholding academic ethics [1] - It will engage in academic evaluation, consultation, publicity, and exchange activities to play a leading role in academic guidance and policy advice [1]

Group 1 - The core viewpoint of the news is that the balance of margin trading has returned to a high of 2 trillion yuan, driven by rational value investment rather than speculative activities, indicating a shift in investor sentiment towards long-term asset allocation [1][3] - The current margin trading expansion shows three significant changes: a diversification of margin trading stocks, with over 3,000 stocks involved, which reduces risk; a shift towards emerging industries like electronics and biomedicine; and an improved investor structure where institutional investors dominate [1][2] - The fundamental driver of this margin trading expansion is the improvement in policy expectations and the optimization of the regulatory environment, which has led to a significant reduction in financing costs and enhanced risk control mechanisms [2] Group 2 - The rational expansion of margin trading is reshaping the market ecology, with a healthy average maintenance guarantee ratio indicating enhanced risk tolerance among investors [2] - The return of margin trading balance to 2 trillion yuan is a milestone, signifying a more rational and mature funding structure in the A-share market, transitioning from speculation to value-driven investment [3] - The current trend indicates that leveraged funds are being used as tools for value discovery and resource allocation, which fundamentally enhances market pricing efficiency and resource allocation functions [3]