海能投顾：全球化进程的加速为投资市场带来了更多的跨境机会 在当今世界，智能化和全球化已成为推动经济发展的两大引擎。它们不仅重塑了投资市场，也为投资者带来了前所未有的 新机遇。本文将深入探讨智能化与全球化如何相互作用，以及它们如何为投资市场带来新的增长点。 首先，智能化技术的进步正在以前所未有的速度改变着全球经济的面貌。从人工智能到大数据，从云计算到物联网，这些 技术的发展不仅提高了生产效率，还创造了新的商业模式和市场。智能化技术的应用使得企业能够更精准地预测市场趋 势，优化供应链管理，提高客户服务质量，从而在激烈的市场竞争中脱颖而出。对于投资者而言，这意味着需要关注那些 能够利用智能化技术实现业务转型和创新的公司，因为它们很可能成为未来的市场领导者。 全球化进程的加速为投资市场带来了更多的跨境机会。随着全球经济的融合，资本、商品、服务和劳动力的流动变得更加 自由，这为投资者提供了更广阔的投资视野。全球化不仅促进了跨国公司的扩张，也为新兴市场提供了增长动力。投资者 可以在全球范围内寻找那些具有高增长潜力的市场和行业，从而实现资产的多元化配置。 ...

Core Viewpoint - The red-chip structure, due to its flexibility and compliance advantages, has become an excellent choice for companies seeking overseas financing and listing amid globalization. However, the process is complex and requires careful navigation of regulatory requirements to avoid potential pitfalls [1]. Key Steps: "Six Steps" from Structure Design to Compliance Loop - The core of the red-chip structure is "overseas holding + domestic operation," utilizing offshore SPVs (such as BVI or Cayman Islands) to hold equity in domestic WFOEs, ultimately leading to overseas listings [3]. - Three key elements must be clarified in advance: equity structure, investment path, and return plan [6]. - The overseas SPV serves as the "core hub," typically registered in BVI (tax transparency, strong confidentiality) or Cayman (high international recognition, ease of listing) [5]. Coordination Principles: "Four Golden Principles" - The 37th document registration is applicable to Chinese individuals (founders, shareholders, employees) to address compliance issues related to overseas holdings [10]. - ODI registration is required for domestic corporate entities to ensure compliance for overseas direct investments [10]. - It is advisable to synchronize the processing of 37th document registration and ODI registration materials to avoid delays in overall progress [10]. Practical Recommendations: Professional Guidance to Avoid Compliance Pitfalls - The establishment of a red-chip structure and compliance with cross-border investment regulations involves multiple areas, including foreign exchange management, business approvals, and tax planning [20]. - Companies are encouraged to consult professional lawyers or advisory firms to develop compliance plans tailored to their specific situations, potentially saving significant costs and time [20].

Core Viewpoint - The article highlights the risks associated with currency exchange in cross-border investments, particularly focusing on a case where an investor lost over 1.47 million RMB due to fraudulent exchange practices in Hong Kong [1][3][4]. Group 1: Incident Overview - An investor named Jiang encountered a loss of approximately 1.47 million RMB while attempting to exchange currency through a financial institution in Hong Kong, believing it to be a secure process [1][3]. - The involved company’s employee, Zhu, facilitated the exchange by recommending a "reliable" currency exchange channel, which turned out to be fraudulent [3][4]. - After completing the exchange, Jiang discovered that the funds he received were not actual cash but rather a retracted check, leading to a total loss of his investment [3][7]. Group 2: Regulatory and Legal Implications - Zhu's actions are considered a violation of Hong Kong's Securities and Futures Ordinance, as licensed brokers are prohibited from engaging in clients' fund transfers and recommending unofficial exchange channels [6]. - The financial institution may bear responsibility for Zhu's actions, as they are required to manage employee conduct and ensure compliance with regulations [6]. - The case underscores the need for clearer delineation of responsibilities among the involved parties, including the financial institution, the employee, and the currency exchange party [6]. Group 3: Cross-Border Investment Risks - The incident reflects a growing trend of cross-border investment fraud, particularly involving the misuse of checks in currency exchanges, exploiting investors' lack of understanding of banking procedures [7]. - Investors face significant challenges in pursuing legal recourse in cross-border disputes, including difficulties in evidence collection and enforcement of judgments [9]. - The article identifies three major risks for investors: the use of unofficial currency exchange channels, misleading information from brokerage employees, and the inherent risks associated with complex financial products like total return swaps (TRS) and over-the-counter options [9]. Group 4: Regulatory Recommendations - There is a call for enhanced regulatory collaboration between mainland China and Hong Kong to address the increasing number of cross-border investment disputes [10][11]. - Recommendations include establishing a rapid response mechanism for cross-border investment disputes and stricter oversight of licensed brokers' employee conduct [11]. - Investors are advised to utilize formal channels for currency exchange and to be cautious of high-risk financial products, emphasizing the importance of due diligence [11].

Core Viewpoint - The article highlights the risks associated with currency exchange in cross-border investments, particularly focusing on a case where an investor lost over 1 million yuan due to fraudulent exchange practices in Hong Kong [1][2]. Group 1: Incident Overview - An investor named Jiang experienced a loss of approximately 1.47 million yuan after being misled by a financial institution's employee regarding a currency exchange process [2]. - The employee suggested using personal bank accounts for currency exchange, which led to the investor being defrauded through a scheme involving the withdrawal of a check after the investor transferred funds [2][4]. Group 2: Regulatory and Legal Implications - The actions of the employee, who facilitated the exchange, are considered violations of Hong Kong's Securities and Futures Ordinance, as licensed brokers are prohibited from engaging in client fund transfers and recommending unofficial exchange channels [3]. - The financial institution may bear responsibility for the employee's actions, as they are required to manage employee conduct and ensure compliance with regulatory standards [3]. Group 3: Cross-Border Investment Risks - The article identifies multiple risks in cross-border investments, including the use of informal currency exchange methods, misleading advice from brokerage employees, and the complexities associated with high-risk financial products like total return swaps (TRS) and over-the-counter options [5][6]. - It emphasizes the need for investors to utilize formal channels for currency exchange and to be cautious of recommendations from brokers regarding third-party exchange options [6]. Group 4: Recommendations for Investors - Investors are advised to be vigilant about the risks of informal currency exchange, the potential for misleading information from brokerage employees, and the inherent complexities of high-risk financial products [6]. - The article calls for enhanced regulatory cooperation between mainland China and Hong Kong to improve investor protection mechanisms and streamline the resolution of cross-border investment disputes [5].

Group 1 - The A-share market is increasingly attracting global capital due to China's economic transformation and industrial upgrading, with the RQFII mechanism providing a convenient channel for foreign investors to access Chinese assets [1] - As of the end of August, Dachen International Asset Management's China Flexible Allocation Fund has become the largest "pure A-share fund" in Hong Kong, with a scale of approximately 61.29 billion HKD (about 56.14 billion RMB) [1] - Dachen International's China Flexible Allocation Fund, established on March 3, 2014, is a strategic product aimed at attracting foreign investment through its strong investment capabilities in Chinese assets [1] Group 2 - Dachen International, founded in 2009, has achieved significant recognition in the Hong Kong capital market, focusing on absolute returns and active management, with multiple awards from reputable institutions since 2016 [2] - The company has accumulated 24 offshore Chinese fund awards over nine years and 12 overseas Golden Bull awards since 2018, reflecting its strong performance and industry recognition [2] Group 3 - Dachen International has been actively developing cross-border and global investment businesses, enhancing cooperation with overseas asset management institutions to facilitate foreign investment in Chinese assets [3] - The recent strategic cooperation agreement with Temasek's Fortis Fund Management marks a new phase in their partnership, aiming to provide richer and higher-quality cross-border investment products [3] - The company aims to offer diversified, global investment services from Hong Kong, attracting long-term foreign capital to invest in Chinese assets [3]

9月22日，有媒体报道称，富途、老虎进一步关闭了中国内地居民的开户通道。 券商中国记者随后从业内了解到，近期相关券商并未收到新的监管指导，但确实针对内地身份居民收紧了开户通 道。 老虎客服提供的信息则仍旧与之前一致：根据监管合规要求，如果是居住在境外的大陆客户，需提供境外工作/生活 的有效证明文件，如当地工作签证、居留许可、纳税凭证等，经严格审核通过后方可办理开户。 需要注意的是，有业内人士告诉券商中国记者，对于此前曾经成功开户但未曾入金的账户，如今可能已经处于休眠 状态，申请激活的要求与新开户同等看待。换言之，若是存量内地投资者的账户长期处于无资产、非活跃状态，亦 有可能失去已有的投资渠道。 此外，据券商中国记者了解，近期相关跨境券商并未收到进一步的监管指导。目前公司仍以2022年12月的"禁止发 展境内新客户、开立新账户，妥善处理存量业务"为指导。 富途客服提供的信息显示，目前富途证券（香港）的开户要求中，要求内地客户需持有海外永居证件，其他海外的 永居身份证明文件暂不支持（系统升级后，将可以支持其他海外的永居身份证明文件）。香港、澳门客户需提供相 应的身份证明文件。 转载与合作可联系证券时报小助理，微信 ...

9月22日，有媒体报道称，富途、老虎进一步关闭了中国内地居民的开户通道。 券商中国记者随后从业内了解到，近期相关券商并未收到新的监管指导，但确实针对内地身份居民收紧了开户通道。 富途客服提供的信息显示，目前富途证券（香港）的开户要求中，要求内地客户需持有海外永居证件，其他海外的永居身份证明文件暂不支持（系统升级后，将可 以支持其他海外的永居身份证明文件）。香港、澳门客户需提供相应的身份证明文件。 老虎客服提供的信息则仍旧与之前一致：根据监管合规要求，如果是居住在境外的大陆客户，需提供境外工作/生活的有效证明文件，如当地工作签证、居留许可、 纳税凭证等，经严格审核通过后方可办理开户。 需要注意的是，有业内人士告诉券商中国记者，对于此前曾经成功开户但未曾入金的账户，如今可能已经处于休眠状态，申请激活的要求与新开户同等看待。换言 之，若是存量内地投资者的账户长期处于无资产、非活跃状态，亦有可能失去已有的投资渠道。 此外，据券商中国记者了解，近期相关跨境券商并未收到进一步的监管指导。目前公司仍以2022年12月的"禁止发展境内新客户、开立新账户，妥善处理存量业 务"为指导。 不过今年以来，内地客户投资港美股的渠道确实 ...

2025年9月15日-9月21日 国家金融监督管理总局 中国人民银行 中国证券监督管理委员会 浦发银行 SPDBANK 蚊益 助力美好牛 章 # ITT 钢收益多眸 2025年金融教育宣传周期间，浦发银行重庆分行聚焦"保障金融权益 助力美好生活"主题，针对跨境投资领域高额 收益陷阱，以"以案说险"的形式揭露非法跨境证券投资的常见套路，提醒广大投资者理性投资、警惕陷阱，守护 自身金融权益。 2025年金融教育宣传周 这些"黑平台"千万别信! 近年来,跨境投资成为不少人的理财新选 择,但其中隐藏的非法证券活动风险也在不 断增加。从虚假平台到高额骗局,不法分子 利用投资者对高回报的渴望设下层层陷阱, 导致不少人资金损失甚至血本无归。 不需要卡号密码,只需转账并 保留凭证。现在认购达可赠话 专家分析服务。 好,我试试。 李女士转账5万元后,平台无法登录, "顾问"失联 (多次联系无果后报警) 请问我的钱还能 追回来吗？ 该类平台多为虚假架 构，资金通常直接流入 个人账户，追回难度极 大。 (0) B 0 9 0 0 非法跨境证券投资 // 常见特点 以案说险 "高收益境外股"诱惑大 虚假平台卷款跑路 您好,我是国际证 ...

Core Points - The China Shuikou-Vietnam To Long International Port has been upgraded to an international port, allowing access for third-country travelers and goods [1] - The Shuikou Port is located in Longzhou County, Guangxi, and is the earliest trading port in Guangxi [1] - The Shuikou-Vietnam To Long River Bridge, completed in February 2021, spans 975.5 meters [1] - The expanded opening of Shuikou Port is set to pass national acceptance by October 31, 2024 [1] Industry Impact - The upgrade is expected to attract more domestic and foreign enterprises, facilitating the free flow and efficient allocation of capital, technology, and talent [1] - It aims to promote deep integration and collaborative development of cross-border trade, investment, and tourism industries [1] - The opening of the bridge will alleviate pressure on Vietnam's main port area and enhance customs clearance capacity [1][2] - The new bridge will boost the export of agricultural and forestry products from Vietnam to China, expanding opportunities in production cooperation, logistics services, and supporting industries [1]

Core Points - Recent changes in the process for mainland Chinese residents to open accounts with overseas brokers for US stock investments have been reported, requiring more documentation from investors [1][2] - Interactive Brokers, a major online brokerage, has increased its account opening standards, now requiring the submission of up to 11 documents at once [2][4] - The tightening of account opening policies by brokers like Futu and Tiger Brokers aligns with regulatory efforts to manage cross-border investments and mitigate financial risks [6][8] Group 1 - Mainland Chinese residents must now upload a variety of documents, including proof of identity, property ownership, utility bills, and bank statements, to open accounts with Interactive Brokers [2][4] - The inability to download the Interactive Brokers app from domestic app stores indicates a shift in accessibility for mainland investors [2][6] - Futu Securities has also restricted account openings for mainland residents, requiring proof of overseas work or residence, which includes various documentation such as utility bills and rental agreements [6][8] Group 2 - The increase in documentation requirements reflects a broader trend among overseas brokers to comply with regulatory standards and enhance scrutiny of cross-border investments [8] - The changes have sparked discussions among the US stock investment community regarding the implications of these new requirements [4][8] - The measures taken by brokers are seen as part of a regulatory push to control illegal cross-border operations and ensure compliance with financial regulations [6][8]