Group 1 - The CSI A500 Index rose by 3.34% this week, achieving a four-week consecutive increase, closing at 5372.76 points as of August 29 [1] - The average daily trading volume reached 10,436.75 billion yuan, with a week-on-week increase of 30.39% [1] - All 39 CSI A500 funds recorded gains, with the top performer, Guolian An, increasing by 4.72%. The total scale of CSI A500 funds reached 1884.32 billion yuan, showing an increase from the previous week [1] Group 2 - According to Everbright Securities, the logic supporting the stock market's rise remains unchanged, with reasonable market valuations and no signs of significant overextension [1] - New positive factors are emerging, such as the potential onset of a Federal Reserve interest rate cut cycle and a recovery in public fund issuance, suggesting a continued upward trend in the medium to long term [1] - The current market trend may exhibit characteristics of "rotational rebound," with short-term rebound opportunities being more noteworthy [1] Group 3 - Dongwu Securities' report indicates that the fundamental impact on the market is weak as of September, with trading volumes at historical highs driven by liquidity [2] - The anticipated overseas interest rate cuts in September may further enhance liquidity feedback, but the marginal effect of new capital entering the market is diminishing, potentially slowing the upward momentum [2] - The strategy suggests a high-low switch in the technology sector while avoiding stocks that have surged excessively in a single month, with a focus on switching from hardware to applications and low-position sectors [2]

公告资料显示，郑成武，历任北京清华大学企业集团项目经理、办公室副主任、董事会秘书，北京清华 通力机电设备有限公司党总支书记、副董事长、总经理，江西诚志科技发展有限公司总经理，诚志股份 有限公司总裁助理、专务副总裁、副总裁、董事、总裁，清华控股有限公司（2022年7月更名为天府清 源控股有限公司）党委委员、副总经理；2025年1月至今，担任天府清源控股有限公司党委副书记、副 董事长、总经理。 8月29日晚间，诺德基金发布公告称，原公司董事长潘福祥达到法定退休年龄，自即日起卸任公司董事 长职务，郑成武接任公司董事长职务。 | 职务 | 重事长 | | --- | --- | | 姓名 | 郑成武 | | 任职日期 | 2025-8-29 | | 过往从业经历 | 1995年8月至1999年5月任职于北京清 | | | 华大学企业集团,历任项目经理、办公室 | | | 副主任、董事会秘书:1999年6月至2005 | | | 年 12 月任职于北京清华通力机电设备有 | | | 限公司,担任党总支书记、副董事长、总 | | | 经理:2005年12月至2008年3月任职于 | | | 江西诚志科技发展有限公司,担任 ...

华富强化回报债券型证券投资基金 基金管理人：华富基金管理有限公司 基金托管人：中国建设银行股份有限公司 送出日期：2025 年 8 月 30 日 华富强化回报债券 2025 年中期报告 基金管理人的董事会、董事保证本报告所载资料不存在虚假记载、误导性陈述或重大遗漏， 并对其内容的真实性、准确性和完整性承担个别及连带的法律责任。本中期报告已经三分之二以 上独立董事签字同意，并由董事长签发。 基金托管人中国建设银行股份有限公司根据本基金合同规定，于 2025 年 8 月 29 日复核了本 报告中的财务指标、净值表现、利润分配情况、财务会计报告、投资组合报告等内容，保证复核 内容不存在虚假记载、误导性陈述或者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应仔细阅读本 基金的招募说明书及其更新。 本报告中财务资料未经审计。 本报告期自 2025 年 1 月 1 日起至 2025 年 6 月 30 日止。 华富强化回报债券 2025 年中期报告 §2 基金简介 | 基金名称 | 华富强化回报债券型证券投 ...

ESG政策 中央发文加强全国碳市场建设 8月25日，《中共中央办公厅国务院办公厅关于推进绿色低碳转型加强全国碳市场建设的意见》(以下简 称《意见》)正式对外公布，旨在推动建设更加有效、更有活力、更具国际影响力的全国碳市场。《意 见》提出，到2027年，实现全国碳市场基本覆盖工业领域主要排放行业，全国温室气体自愿减排交易市 场实现重点领域全覆盖两项主要目标。 点评：《意见》的出台标志着中国碳市场建设进入系统性深化阶段，凸显国家以市场化机制推动工业减 排的坚定决心。扩大行业覆盖与自愿减排交易范围，有助于提升碳定价效率与国际话语权。ESG投资 毕马威中国：越来越多的企业将ESG作为业务增长新引擎 5亿元规模的ESG绿色独角兽产业基金签约 8月27日，由新建元集团与毅峰资本(Innoven Capital)共同发起的ESG(环境、社会和公司治理)绿色独角 兽产业基金签约仪式在新建元零碳馆顺利举行。该基金规模达5亿元人民币，将以ESG为导向，聚焦智 能制造、工业母机、人工智能、新能源等前沿领域，围绕高成长企业及产业上下游优质投资标的，以可 转债、股权、认股权等多样化投资方式，为企业全球化发展之路提供有力支撑。 点评：通 ...

《财经》新媒体 文丨蒋金丽 编辑丨蒋诗舟 又有公募迎来重大高管变动。 8月29日晚间，诺德基金发布公告称，公司董事长潘福祥因到龄正式退休，继任者为郑成武。 郑成武"接棒"潘福祥 作为诺德基金的创始元老，潘福祥自2006年起历任公司副总经理、总经理，并于2015年升任董事长，担任诺德高管的时间超过19年。 潘福祥被誉为"进入证券业最早的投资学老师，教授投资学时间最长的证券从业者之一"。他自1991年起便担任清华大学经济管理学院客座教授，2004年参与 组建诺德基金，将学术理论转化为投资实践。 此次卸任系其在超期任职一年后功成身退。诺德基金也在公告中对潘福祥任职期间为公司长期稳健发展做出的积极贡献表示衷心感谢。 诺德基金同时在公告中官宣了新任董事长人选——现任天府清源控股有限公司党委副书记、副董事长、总经理郑成武。 郑成武的过往履历中，同样具备"清华系"背景。 1995年8月至1999年5月，他任职于北京清华大学企业集团，历任项目经理、办公室副主任、董事会秘书；1999年6月至2005年12月，他任职于北京清华通力 机电设备有限公司，担任党总支书记、副董事长、总经理。 2005年12月至2008年3月，郑成武任职 ...

Core Viewpoint - Nord Fund announced a leadership change with the retirement of Chairman Pan Fuxiang due to reaching the legal retirement age, and Zheng Chengwu has been appointed as the new chairman effective immediately [1][4][15]. Group 1: Leadership Change - Pan Fuxiang has served as a key leader since the establishment of Nord Fund in 2006, holding various positions including Vice General Manager and General Manager, and has been Chairman since 2015, completing over 19 years of service [4][6]. - Zheng Chengwu, the new chairman, has extensive management experience and a strong industry background, having held significant positions in Tsinghua-related enterprises since 1995 [9][15]. Group 2: Company Growth and Performance - Under Pan Fuxiang's leadership, Nord Fund's asset management scale grew significantly from 1.72 billion yuan at the end of 2015 to 34.606 billion yuan by the second quarter of 2025, with the number of public funds increasing from 9 to 44 [6][15]. - The current product structure includes 44 public funds across various types, with bond funds dominating at 22.231 billion yuan, followed by money market funds at 6.9 billion yuan and mixed funds at 4.883 billion yuan [9][15]. Group 3: Investment Performance - Nord Fund has demonstrated stable long-term investment capabilities, achieving a total return rate of 110.80% and an annualized return of 4.14%, outperforming the performance benchmark [10][15]. - The fund's performance over the past year is 11.62%, and over the past two years, it is 5.45%, indicating resilience in a complex market environment [10]. Group 4: Management Team - The fund currently has 18 fund managers with an average tenure of 7.63 years, significantly exceeding the industry average of 4.94 years, which contributes to refined investment decision-making [12][15].

8月29日，华泰证券发布的2025年半年度报告显示，华泰柏瑞基金2025年上半年实现净利润2.04亿元， 同比下滑36.16%；上半年营业收入为9.52亿元，同比下降5%。（智通财经记者 丁欣晴） ...

Core Viewpoint - The report provides a comprehensive overview of the performance and management of the Guangfa Juyuan Bond Fund (LOF) for the first half of 2025, highlighting its investment strategy, financial performance, and compliance with regulations [1][10][12]. Fund Overview - Fund Name: Guangfa Juyuan Bond Fund (LOF) - Fund Manager: Guangfa Fund Management Co., Ltd. - Fund Custodian: Agricultural Bank of China Co., Ltd. - Total Fund Shares at Reporting Period End: 12,822,007,459.38 shares [2][4]. Investment Strategy - The fund primarily invests in fixed-income securities and does not engage in direct stock purchases or initial public offerings. The investment strategy involves comprehensive analysis of macroeconomic conditions, interest rate trends, and credit risks to optimize the bond portfolio [2][12]. Financial Performance - For the reporting period (January 1, 2025, to June 30, 2025): - Realized Income: - Class A: 63,388,704.71 CNY - Class B: 168,333,682.59 CNY - Class C: 8,174,702.29 CNY - Profit: - Class A: 20,800,429.93 CNY - Class B: 51,968,608.72 CNY - Class C: 530,390.56 CNY - Net Asset Value at Period End: - Class A: 4,503,643,502.30 CNY - Class B: 10,447,663,002.99 CNY - Class C: 455,766,105.57 CNY [4][12][16]. Performance Metrics - Net Value Growth Rate for the reporting period: - Class A: 0.59% - Class B: 0.59% - Class C: 0.39% - Cumulative Net Value Growth Rate: - Class A: 53.64% - Class B: 9.12% - Class C: 46.44% [5][12]. Market Conditions - The bond market experienced increased volatility in the first half of 2025, with short-term interest rates rising initially, followed by a correction in long-term rates. The market showed signs of recovery by the end of June, influenced by U.S. tariffs and central bank liquidity measures [11][12]. Compliance and Governance - The fund management strictly adheres to relevant laws and regulations, ensuring that all operations are compliant and that the interests of fund shareholders are protected. The investment decision-making process is supported by a robust internal control system [10][15].

Core Viewpoint - The company, 时计宝 (02033), has entered into a subscription agreement with KKR Associates Asia Tactical Credit GP SCSp to invest a total of $10 million in KKR Fund II, aiming to enhance capital returns and explore investment opportunities in the Asia-Pacific region [1] Investment Strategy - KKR Fund II focuses on building a diversified investment portfolio, targeting high-conviction, core, and event-driven sectors and companies [1] - The fund primarily invests in various types of credit, including but not limited to high-yield bonds, term loans, self-originated loans, and structured products [1] - KKR Fund II employs a strict capital allocation strategy that emphasizes cross-regional and cross-industry investments to provide attractive risk-adjusted returns [1] Company Background - The company primarily engages in watch manufacturing, retail, and e-commerce in China [1] - The subscription agreement is seen as a prudent way for the company to allocate its idle funds effectively, thereby improving overall capital returns [1] - Participation in a professionally managed fund structure is expected to reduce direct investment risks while providing access to investment opportunities in the Asia-Pacific market [1]

Group 1 - The company, 时计宝 (02033), has entered into a subscription agreement with KKR Associates Asia Tactical Credit GP SCSp to invest a total of $10 million in KKR Fund II [1] - KKR Fund II aims to build a diversified investment portfolio focusing on high-conviction, core, and event-driven sectors, targeting attractive and liquid credit opportunities in the Asia-Pacific region [1] - The fund primarily invests in various types of credit, including but not limited to high-yield bonds, term loans, self-originated loans, and structured products, employing a strict capital allocation strategy across regions and industries to provide attractive risk-adjusted returns [1] Group 2 - The company is primarily engaged in watch manufacturing, retail, and e-commerce in China [1] - The board believes that the subscription will allow the company to prudently and effectively allocate its idle funds, thereby enhancing overall capital returns [1] - The subscription also provides the company with investment opportunities in the Asia-Pacific market while reducing direct investment risks through participation in a professionally managed fund structure [1]