近期，QDII基金的溢价风险频繁暴露。 据21世纪经济报道记者粗略统计，春节假期后两个交易日内，超过30只QDII基金公告提示了溢价风 险，涉及纳指ETF、标普500ETF、标普油气ETF、日经225ETF、原油LOF等产品。 批量提示溢价风险 2月25日午间收盘时段，纳斯达克ETF、标普500ETF、标普油气ETF、日经225ETF、巴西ETF等8只QDII 基金分别公告称，截至当日午间收盘，其二级市场交易价格明显高于基金份额参考净值，出现较大幅度 溢价。 例如，个别产品二级市场价格较基金份额参考净值溢价幅度达到6%。 不仅如此，同一天，另有10只QDII基金通过公告，提示投资者关注其二级市场交易价格溢价风险。 若追溯至2月24日，春节假期后的2个交易日内，超过30只QDII基金发布了溢价风险公告。 其中，个别产品除了提示溢价风险，还同步采取了停牌措施。 2月25日凌晨，易方达基金公告称，为保护投资者的利益，原油LOF易方达于2026年2月25日开市起至当 日10:30停牌，自2026年2月25日10:30复牌。若该基金在公告日当日二级市场交易价格溢价幅度未有效 回落，基金可根据实际情况通过向深圳证券交易所 ...

随着中国企业国际化进程推进、海外供应链持续重构，以及"一带一路"的推动，中国对外直接投资规模持续增长。而 中国对外直接投资目的地高度集中于香港、新加坡、开曼群岛这些海外金融中心。 在此背景下，一些帮出海企业注册离岸公司、设计架构、合规申报的服务商也迅速发展起来，如今已有来自海南海口 的企业出海专业服务提供商冲击IPO。 格隆汇获悉，近期，ICS Corporate Services Group Inc（简称"ICS集团"）向港交所递交招股书，拟在香港主板上市，农 银国际为独家保荐人。 如今企业出海专业服务生意好做吗？不妨通过ICS集团来一探究竟。 01 海南海口冲出一家IPO，上市前突击派息 ICS集团是企业出海专业服务提供商，致力于助力中国企业海外拓展。 企业出海专业服务包括离岸公司注册、架构设计、合规申报及基金行政管理服务。一些企业为了实现海外战略、优化 税务结构、减少营运风险、促进跨境资本流动，就会找ICS集团这类服务商合作。 ICS集团的总办事处及中国主要营业地位于海南省海口市美兰区，截至2025年9月底，公司拥有182名全职员工，其中 有126人做运营。 其历史可追溯至2016年，当时李丹丹及李亦斐 ...

如今企业出海专业服务生意好做吗？不妨通过ICS集团来一探究竟。 随着中国企业国际化进程推进、海外供应链持续重构，以及"一带一路"的推动，中国对外直接投资规模持续增长。而 中国对外直接投资目的地高度集中于香港、新加坡及开曼群岛这些海外金融中心。 在此背景下，一些帮出海企业注册离岸公司、设计架构、合规申报的服务商也迅速发展起来，如今已有来自海南海口 的企业出海专业服务提供商冲击IPO。 格隆汇获悉，近期，ICS Corporate Services Group Inc（简称"ICS集团"）向港交所递交招股书，拟在香港主板上市，农 银国际为独家保荐人。 1 海南海口冲出一家IPO，上市前突击派息 公司董事长、首席执行官李丹丹41岁，她2007年获得中国政法大学法学学士学位，2011年取得中华人民共和国法律职 业资格证书，2018年在加拿大约克大学奥斯古德霍尔法学院获得法学硕士学位。李丹丹曾在亿滋食品企业管理（上 海）有限公司担任销售与营运经理，还当过晏清管理的经理。 总经理李亦斐也是41岁，他2008年获得北京交通大学物流管理学士学位，2025年获得上海长江商学院高级管理人员工 商管理硕士学位。李亦斐曾陆续任职于北 ...

Core Viewpoint - The market is experiencing a shift in fund allocation as the Chinese New Year approaches, with a notable recovery in ETF investments after significant outflows earlier in January [2][3]. Group 1: ETF Market Dynamics - In the past week, the total net subscription for all ETFs reached nearly 20.6 billion yuan, indicating a clear trend of capital returning to the market [3]. - The previously struggling broad-based ETFs, particularly the CSI 300 ETF, have seen a slowdown in net outflows, with a recent net subscription of 0.2 billion yuan [3]. - The CSI 1000 ETF attracted 2.731 billion yuan in net inflows, while other indices like CSI 500 and CSI 2000 also received significant investments [4]. Group 2: Sector and Theme Investments - The chemical, semiconductor, and non-ferrous metals sectors have emerged as key areas for capital allocation, with several thematic ETFs attracting over 10 billion yuan each [4]. - Cross-border ETFs have shown remarkable performance, with a net inflow of 10.985 billion yuan in the last week, contributing significantly to the overall ETF market growth [4]. Group 3: Market Sentiment and Future Outlook - Analysts predict a potential stabilization and improvement in risk appetite in the equity market, suggesting a favorable environment for small-cap and growth sectors post-holiday [7]. - The current market conditions are seen as an opportunity for long-term investors, particularly in the technology sector, which is expected to maintain its growth trajectory despite short-term volatility [9].

来源：金融界AI电报 证监会发布《关于境内资产境外发行资产支持证券代币的监管指引》。指引所称境内资产境外发行资产 支持证券代币是指，以境内资产或相关资产权利所产生的现金流为偿付支持，利用加密技术及分布式账 本或类似技术，在境外发行代币化权益凭证的活动。境内资产境外发行资产支持证券代币，应当严格遵 守跨境投资、外汇管理、网络和数据安全等法律、行政法规和有关政策规定，履行前述相关监管部门要 求的核准、备案或安全审查等程序，不得损害国家利益和社会公共利益。 ...

Core Viewpoint - The article emphasizes the importance of diversifying investments through cross-border ETFs, particularly focusing on mature markets and core broad-based indices to mitigate risks rather than solely pursuing high returns [4][5]. Group 1: Cross-Border Indices and Characteristics - The number of cross-border indices listed in A-shares has increased, including new directions like FTSE Arabia and Brazil BOVESPA, enriching investment choices [7]. - Many investors have entered these cross-border indices without fully understanding their characteristics, leading to high premium rates for several products [7][8]. - It is advised that ordinary investors should observe new indices for a period to understand their valuation ranges and mechanisms before investing [8]. Group 2: Cross-Border ETFs Overview - Currently, there are 41 cross-border ETFs listed in A-shares, with a total tracking scale exceeding 186 billion, primarily focused on broad-based indices from the US market [13]. - The tracking scale of the Dow Jones Industrial Average, S&P 500, and NASDAQ 100 exceeds 140 billion, indicating a preference for mature market core indices among investors [13]. Group 3: Valuation Levels of Cross-Border Indices - The overall valuation levels of major global markets are considered high, particularly for the four major US indices, which are in a high range [10]. - The NASDAQ technology and South Korea semiconductor indices are also in a high valuation state due to narratives around AI and semiconductor sectors [10]. - The Nikkei 225 index has seen a significant increase of 34.75% over the past year, while the South Korea semiconductor index achieved an impressive 121.51% return [10]. Group 4: Premium Issues in Cross-Border ETFs - Premium rates are a critical issue in cross-border ETF investments, often influenced by domestic QDII product foreign exchange limits, leading to unexpected premium rates for smaller ETFs [21][22]. - It is recommended that ordinary investors avoid high premium products to prevent significant losses, especially when premiums exceed 3% [22][23]. - Some products, like the Brazil ETF and NASDAQ technology ETF, have premium rates close to 15%, indicating visible risks that should be monitored [23]. Group 5: Investment Strategy Recommendations - Investors are encouraged to avoid making decisions based on short-term emotions and subjective judgments, focusing instead on their risk tolerance and safety margins [24]. - Setting intervention rules and position limits in advance is suggested to better navigate market opportunities when they arise [24].

彭博今日宣布， 财通证券资产管理有限公司（以下简称"财通证券资管"）现已选用领先的彭博订 单和投资管理技术解决方案AIM全面支持其境外投资业务流程 ，实现多资产、多市场投资的自动 化处理，加强合规管理，提升全球化业务的运营效率。 作为合格境内机构投资者（QDII），财通证券资管正积极推进海外投资布局，着力完善跨市场、 多资产的投资体系，提升业务竞争力。财通证券资管通过采用 彭博AIM及静态数据集（Data License） ，在多个业务环节实现自动化，助力前台、中后、后台在一致的数据源基础上开展工 作，进一步提升了全流程的运营效率，并增强了拓展新的资产类别和境外市场时的系统支持能力。 彭博大中华区总裁汪大海 表示： " 在当前全球市场环境下，中国资管机构持续致力于优化资产配置，对于覆盖全球市场、跨资产类 别的专业解决方案的需求也随之增强。彭博致力于为财通证券资管等领先机构提供一流的端到端 工作流和数据支持，助力其在多资产类别和不同监管市场下高效、透明、合规地开展业务，在稳 健发展的前提下更好地把握跨境投资机遇。" 彭博AIM 是业内领先的订单与投资管理技术解决方案，已被全球超过900家机构客户、近15,000 ...

Core Insights - The 15th UAE International Investment Summit will take place from April 13-15, 2026, in Dubai, focusing on "Reshaping Global Prosperity: Opening New Investment Paths Towards a Sustainable and Inclusive Future" and is expected to attract over 2,000 institutions from more than 180 countries [2] - A China-UAE Energy Project Exchange Conference will be held from April 12-17, 2026, to promote investment and cooperation in the energy sector, including oil and gas, renewable energy, and energy digitalization [2] - The event aims to facilitate high-level dialogues and cooperation in the energy sector, connecting project owners, sovereign wealth funds, and key enterprises [5] Event Details - The China-UAE Energy Project Exchange Conference is organized by China Energy News and AIM Global Foundation, with a scale of 100 participants [5] - The agenda includes a series of activities such as enterprise roadshows, capital matching, roundtable discussions, and business dinners, aimed at integrating companies into the UAE market [2][5] - The conference will feature key speakers from both Chinese and UAE energy sectors, including government officials, executives from state-owned and private enterprises, and representatives from financial institutions [6] Proposed Schedule - April 12: Conference registration [7] - April 13: Opening ceremony of the UAE International Investment Summit, industry-specific meetings, exhibitions, and a summit dinner [7] - April 14: China-UAE Energy Project Exchange Conference, including keynote speeches and project roadshows focusing on new energy, smart grids, and traditional energy upgrades [7][8] - April 15-17: Business visits to understand investment environments, development plans, operational models, and product demands [9]

中新网漳州1月21日电 (廖珍妹)21日，福建漳州市政协十四届五次会议举行，参会的漳州市政协港澳委 员怀揣桑梓深情，围绕家乡高质量发展建言献策。港澳委员一致认为，漳州现代化滨海城市建设蓝图清 晰，与港澳在医药、教育、人才、产业等方面极具合作前景，未来发展可期。 香港漳州同乡总会副会长徐斌深耕药店经营20余年，去年数次赴漳州考察，十分关注家乡大健康产业发 展。他在受访时指出，漳州"圆山计划"推动下的中医药产业发展令人瞩目，尤其五大工程之一的"名医 入漳"项目集聚众多优质医疗资源。在他看来，未来漳州和香港可互聘名医，通过借鉴成功案例推动两 地医师交流，共同开拓大健康市场。 当天会议，港澳委员还围绕漳州产业发展、对外开放、民生改善、文旅和经贸互通、人员互访等方面积 极发言。(完) 图为21 "漳州是'中国食品名城'，香港可成为漳州龙头食品企业'走出去'的重要跳板。"朱淮林表示，漳州企业 可在香港注册公司，搭建跨境平台，依托香港的国际网络与制度优势，更高效地开拓海外市场、开展跨 境投资。 漳州籍港澳乡亲多达10万人，两地互动频繁。澳门漳州同乡总会常务副会长、澳门科技大学招生处助理 行政主任黄玮关注漳州与澳门的教育协同 ...

Core Insights - The cross-border ETF market in China has reached a historic milestone, with a total scale surpassing 1 trillion yuan, reaching 10,025 billion yuan in January 2023, and remaining at 9,903.82 billion yuan as of January 20, 2026 [1][2] - The market has experienced exponential growth since 2021, with the number of products increasing from 24 to 208, a growth of 7.67 times, and the total shares rising from 236.55 billion to 9,532 billion, a growth of 39.30 times [1][2] - The annual compound growth rate of cross-border ETFs has exceeded 80% since 2021, with a significant increase of 119.53% in 2025 alone [2][3] Market Dynamics - The cross-border ETF market is highly concentrated, with the top five managers (Huaxia, Fuguo, Huatai-PB, E Fund, and ICBC Credit Suisse) accounting for over 60% of the market scale [4] - The leading product in the market is the Fuguo Hong Kong Stock Internet ETF, with a scale of 894 billion yuan, followed by the Huaxia Hang Seng Technology Index ETF at approximately 524 billion yuan [4] - There are currently 25 cross-border ETFs with a scale exceeding 10 billion yuan, up from 11 at the beginning of 2025 [4] Growth Drivers - The rapid development of cross-border ETFs is driven by factors such as the accumulation of household wealth, the internationalization of the yuan, strong performance in the Hong Kong technology sector, and the trend of global capital allocation [5] - The demand for diversified asset allocation has been fueled by the limited channels for investing overseas, particularly as overseas markets, especially the US stock market, have performed well [5] - The increasing number of innovative products has lowered participation barriers, further promoting the growth of cross-border ETFs [5] Future Trends - The cross-border ETF market is expected to continue expanding, with potential growth areas including regional expansion, thematic deepening, and strategic innovation [6] - Future developments may focus on emerging markets such as Brazil, India, and Southeast Asia, as well as thematic investments in sectors like semiconductors, AI, and renewable energy [6] - The market is likely to see a shift from broad-based indices to more specialized themes, with a growing proportion of thematic ETFs [6][7]