Market Overview - The Shanghai and Shenzhen stock indices opened lower on June 16 but showed slight gains by midday, with the Shanghai Composite Index at 3378.77 points, up 0.05% and a trading volume of approximately 308 billion [1] - Resource stocks, including oil, natural gas, and coal, led the early gains, while sectors like airports, precious metals, and cultivated diamonds saw minor declines [1] Sector Performance - The oil and gas industry continued its upward trend from June 13, with significant increases in gaming stocks and notable gains in sectors such as wind power, digital currency, cross-border payments, AI, and film and television [1] - The North Stock 50 Index reported a 0.86% increase, indicating strong performance in certain sectors [1] Economic Indicators - In May, the total retail sales of consumer goods reached 41,326 billion yuan, reflecting a year-on-year growth of 6.4%, which is an acceleration of 1.3 percentage points from the previous month [4] - The industrial added value for large-scale industries grew by 5.8% year-on-year, while the service production index increased by 6.2% [4] Logistics and Delivery Sector - The postal industry in China completed a total of 861.8 billion delivery items in the first five months, with express delivery volume reaching 787.7 billion items, marking a year-on-year growth of 20.1% [5] - The revenue from the express delivery business amounted to 592.4 billion yuan, showing a 10.3% increase compared to the previous year [5]

《金牌纪要库》是财联社VIP倾力打造的一款高端会议纪要类产品，结合财联社的媒体资源和行业圈层 优势，为投资者提供全面、深入的市场及行业洞察，以及专业分析和解读。 栏目专注于捕捉投资市场 的最新题材机会，通过一线记者的即时报道、资深编辑的专业整理，以及行业资深专家的深度访谈，为 投资者提供前瞻性、独家性、热门性及专业性的市场分析。 ①巨头蚂蚁入局！稳定币将对跨境支付产生深远影响，这些跨境支付企业未来或出现价值重估；②为金融 机构提供底层技术、资质和产品的企业，业务需求会受稳定币、数字货币蓬勃发展刺激，这家业内代表性 企业为银行提供支付清算等核心系统；③区块链技术应用潜力巨大，未来AI反诈和数字身份认证等场景落 地可期，这些企业已在金融科技领域有较强先发优势。 前言 ...

我们不是资讯的搬运工 而是有态度的发现者 万和财富早班车 2025年6月13日 ● 国内金融市场 ● 股指期货 · | 品种 | 收盘 | 涨跌幅 | 品种 | 收盘 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 上证指数 | 3402.66 | 0.01% | 上证当月连续 | 2682.2 | 0.02% | | 深证成指 | 10234.33 | -0.11% | 沪深当月连续 | 3883.6 | 0.06% | | 创业板指 | 2067.15 | 0.26% | 恒生期货指数 | 31013.11 | -1.2% | 宏观消息汇总 1. 央行、外汇局:进一步加大金融支持海峡两岸融合发展力度, 为两岸融合发展示范区建设提供有力的金融支撑 三、上市公司聚焦 1。 矽电股份(301629)：公司是国内首家实现12吋晶圆探针台产业 化应用的设备厂商 2 南极光(300940)：公司是目前唯一通过任天堂认证的LCD背光 模组供应商,在Switch 2背光模组中的供应商地位较为稳固 3. 金现代(300830)：目前公司的轻骑兵低代码开发平台已经适配 Deep ...

▲华人女企业家刘月婷登顶新西兰女性富豪榜 据《国家商业评论》报道，该公司为企业提供全球支付服务，近期年收入达到7.2亿美元，刘月婷在该 企业的具体持股比例尚未公开，她也没有提供细节，但2024年8月发表的《澳大利亚金融评论报》文章 估计，她的持股比例约为6%-8%，这意味着她的账面财富在6.18亿澳元至8.65亿澳元之间（约29.66亿元 人民币至41.52亿元人民币）。 公开资料显示，近日，Airwallex（空中云汇）刚刚完成了3亿美元F轮融资，此轮融资的估值达到62亿 美元，略高于2022年前一轮股权融资的56亿美元。该公司联合创始人兼首席执行官杰克·张表示，此次 融资标志着公司在赋能各国实体企业实现全球化发展方面迈出意义深远的一步。 当地时间6月9日，新西兰《国家商业评论》发布了该国最新富豪榜，金融科技公司Airwallex（空中云 汇）联合创始人刘月婷（Lucy Liu）以7亿纽币（约30.36亿元人民币）净资产成为新西兰最富有的女 性，并在总榜中位列第30位，这也是她第一次登榜。公开资料显示，刘月婷曾入选《2017福布斯中国30 位30岁以下精英榜》以及2020、2021胡润U30中国创业领袖等榜 ...

本报讯(记者矫月)近日，XTransfer以其行业领先实力、AI风控服务能力、对外贸企业深度赋能的成效， 亮相荷兰阿姆斯特丹的Money20/20欧洲展会，将高效便捷、安全稳定的跨境金融解决方案展示给全 球，获得广泛关注。 过去，全球中小微贸易企业在B2B跨境贸易结算中，面临着重重困境，包括成本高、时效慢以及流程繁 琐复杂等。为解决行业痛点，XTransfer与摩根大通等全球性银行、星展银行等区域性银行、拉美与非 洲等地的本地银行，以及全球金融科技合作伙伴紧密合作，率先构建了覆盖多币种的全球统一B2B贸易 结算网络。基于此网络，传统跨境支付所需的1—7个工作日缩短至最快实时到账，手续费大幅降低。 Money20/20欧洲展会期间，XTransfer与法国巴黎银行签署了具有里程碑意义的合作备忘录。XTransfer 与法国巴黎银行的战略合作，旨在为从事国际贸易的欧洲中小企业，提供简化的跨境支付解决方案。 日前，XTransfer还成功获得荷兰央行颁发的电子货币机构(EMI)牌照。这一资质使得XTransfer能够为荷 兰本地中小贸易企业提供本地账户、跨境结算、外汇兑换等服务。未来，XTransfer将以荷兰为支 ...

Core Viewpoint - The report by Zhonghang Securities highlights the role of stablecoins in the Real World Assets (RWA) framework, emphasizing their functions in stabilizing pricing, enhancing liquidity, connecting DeFi, optimizing compliance, and attracting institutional funds [1][2] RWA Business and Regulation - RWA business involves the digitization of real-world assets into tokenized products, requiring clarity on asset value, ownership, and legal status [2] - The digitization process must comply with government regulatory frameworks if it involves securities [2] - Revenue sources are diversified, covering issuance, trading, and operational aspects, including issuance service fees, liquidity management returns, asset operation shares, and compliance pricing [2] - Hong Kong has proactively established a regulatory framework for virtual assets and stablecoins, with the Securities and Futures Commission releasing guidelines as early as 2018 [2] RWA Technology, Market, and Ecosystem - RWA utilizes blockchain technology to convert physical assets into tradable digital tokens, supported by a three-layer technology architecture: core architecture, middleware, and application layers [3] - According to Citibank's forecast, the market for tokenized digital securities could reach $4-5 trillion by 2030, while trade finance based on distributed ledger technology (DLT) may reach $1 trillion [3] - The industry forms a closed-loop ecosystem through collaboration, with asset issuers providing underlying value, technology service providers enabling digitization, liquidity providers activating markets, compliance parties ensuring legality, investors injecting funds, and support service providers maintaining operational safety [3] Investment Recommendations - Zhonghang Securities suggests focusing on three growth themes: blockchain + fintech, renewable energy + RWA, and cross-border payments [4] - Specific companies to watch include: - Blockchain + Fintech: Zhongke Jin Cai (002657.SZ), Sifang Jingchuang (300468.SZ), Shenzhou Information (000555.SZ), Yuxin Technology (300674.SZ), Hengbao Co., Ltd. (002104.SZ) [4] - Renewable Energy + RWA: Langxin Group (300682.SZ), GCL Energy Technology (002015.SZ) [4] - Cross-Border Payments: Hailian Jinhui (002537.SZ), Newland (000997.SZ), Lakala (300773.SZ), Xinguodu (300130.SZ), Tianyang Technology (300872.SZ) [4]

Group 1: Events and Summits - The BRICS summit is scheduled to take place from July 6 to 7, 2025, in Rio de Janeiro, Brazil, as announced by the BRICS countries' news department [1] - The second China-Central Asia Summit will be held in June 2025 in Astana, Kazakhstan, following the first summit in Xi'an in May 2023, which marked a significant milestone in China-Central Asia relations [1] - The cooperation between China and Central Asian countries focuses on enhancing trade, transportation connectivity, and various sectors including agriculture and emergency management [1] Group 2: Payment Systems - BRICS countries are developing a digital payment platform named BRICS Pay, aimed at facilitating local currency settlements and financial transactions [2] - The BRICS Pay system is a decentralized multilateral cross-border payment system initiated by the BRICS Business Council in 2018, expected to be launched at the BRICS summit in October 2024 [2] - The introduction of BRICS Pay could deepen financial cooperation among member countries and accelerate the internationalization of the Chinese yuan [2] Group 3: Historical Performance - The People's Bank of China has issued a plan to enhance cross-border financial services, encouraging more banks to join the Cross-Border Interbank Payment System (CIPS) to support global trade and investment [3] Group 4: Related Stocks - A list of stocks potentially benefiting from the internationalization of the yuan has been compiled, including companies in cross-border trade and payment sectors [6]

Group 1 - CoGoLinks has officially established its mainland headquarters in Hangzhou, enhancing the city's digital trade development and cross-border service ecosystem [1][3] - Hangzhou government aims to build a global cross-border payment settlement center, supporting the global layout of cross-border payment institutions [3] - CoGoLinks is part of the Jiexing Technology Group, which has developed four core business sectors over 20 years, including smart payment and cross-border payment [1][4] Group 2 - Since its independent operation in 2019, CoGoLinks has become a strategic core of Jiexing Technology Group's global layout, entering the cross-border payment market in 2021 [4] - As of Q1 2025, CoGoLinks has established settlement channels for nearly 20 currencies, supporting over 80 cross-border trade platforms across more than 100 countries and regions [4] - The company serves over 210,000 cross-border trade digital stores, with clients spanning major cross-border e-commerce platforms and traditional foreign trade sectors [4][5] Group 3 - The transition of China's foreign trade from "goods export" to "enterprise going global" is accelerating, promoting the upgrade of Chinese manufacturing to "intelligent manufacturing" [4] - CoGoLinks aims to integrate into Hangzhou's digital trade ecosystem, leveraging government support to expand its cross-border payment services and improve service quality [5] - The company plans to actively participate in the construction of Hangzhou's global digital trade port core area, contributing to the development of the entire digital trade industry chain [5]

Core Insights - The event "Financial Empowerment for Enterprises Going Global" was held in Shanghai, focusing on enhancing cross-border financial services and supporting enterprises in international markets [1] Group 1: Policy Initiatives - The People's Bank of China, along with other regulatory bodies, issued an action plan to enhance cross-border financial service convenience in Shanghai, addressing diverse financial needs [3] - Yangpu District released measures to promote high-quality development in science and technology finance, including 20 specific initiatives across five key areas [3] - The district aims to support international technology innovation and online new economy sectors with 15 unique measures, including establishing the "Yangfan" AEO enterprise service [3] Group 2: Financial Services and Solutions - Bank of China Shanghai Branch introduced a "24/7 Direct Account" service for whitelist enterprises, allowing for immediate foreign exchange transactions and improving capital efficiency [4] - A guarantee fund model was introduced to reduce the cash deposit ratio for enterprises, enhancing customs clearance efficiency amid tariff fluctuations [4] - The Shanghai Municipal Financial Office provided a detailed interpretation of the action plan's strategic goals and key tasks [4] Group 3: Risk Management and Support - The China Foreign Exchange Trading Center emphasized the importance of exchange rate risk management and provided case studies on risk management tools [4] - Yangpu Customs shared initiatives for AEO credit cultivation, offering preferential treatment to support the high-quality development of foreign trade enterprises [5] - Xtransfer highlighted the role of cross-border payment solutions in facilitating global transactions for foreign trade enterprises [6] Group 4: Future Directions - Yangpu District plans to further optimize the policy environment, enhance top-level design, and promote cross-border investment and financing convenience [6] - The district aims to strengthen international financial cooperation and encourage innovation in cross-border financial products and services [6]

Group 1 - Circle's stock has surged 247% in the two trading days since its IPO [1] - Major tech companies like Apple, Google, and X are in preliminary talks with crypto firms to integrate stablecoins, aiming to reduce transaction costs and optimize cross-border payment processes [1] - Stablecoins are primarily backed by traditional assets, with fiat-collateralized stablecoins like USDT and USDC dominating over 90% of the global market [1] Group 2 - The introduction of the stablecoin regulation draft in Hong Kong is expected to enhance China's competitive participation in the market [2] - The launch of USD stablecoins may pressure weaker currencies, necessitating the enhancement of the RMB's use cases [2] - The blockchain currency system presents an opportunity for the RMB to potentially overtake the USD, despite the long road ahead under traditional frameworks [2] Group 3 - Companies involved in stablecoin or RWA issuance include Langxin Group, ZhongAn Online, and Lianlian Digital [3] - Infrastructure service providers in the stablecoin space include Zhongke Jincai, Yuxin Technology, Sifang Jichuang, Yuyin Technology, and Xiongdi Technology [4] - Companies in the cross-border payment ecosystem include Newland, New Guodu, and Lakala [5]