贝莱德投资研究所主管让 布瓦万（Jean Boivin） 在最新的周度评论中指出： （1）美国近期法律巩固了稳定币作为未来金融领域数字支付手段的地位。贝莱德认为比特币有望成为 一种分散投资回报的工具。 （2）美国股市创下历史新高，部分原因是有迹象表明大型科技公司加大了对人工智能的投资计划。日 本股市也创下历史新高。 贝莱德预计美联储本周将维持利率稳定。关注随着 8 月 1 日截止日期临近的美国贸易协议，以及第二季 度国内生产总值（GDP）数据中关税的影响。 （图表：2020-2025 年稳定币市值与加密货币市值占比） 注：橙色线显示稳定币的名义总市值，黄色线显示其相对于整个加密货币市场的规模 贝莱德主要论述如下： 今年对比特币来说是辉煌的一年，截至目前已上涨 25%，因为美国正逐步通过几项关键法律，旨在将 数字支付和数字资产纳入主流，并使美国成为全球加密货币中心。其中一项法律确定了哪个金融监管机 构监管不同的数字资产。该法案仍在国会审议中。另一项是本月早些时候签署成为法律的《天才法 案》，它创建了一个全面的支付稳定币框架。稳定币是与法定货币挂钩并由储备资产支持的数字代币。 它们融合了加密货币的无摩擦转账特性和 ...

Core Insights - The financial institutions in Zhejiang Province reported a loan balance of 25.34 trillion yuan as of the end of June, with a year-on-year growth of 9.0%, surpassing the national growth rate by 2.2 percentage points [1] - Zhejiang is the only province with two pilot zones for financial reform in science and technology, with significant growth in technology service loans, which increased by 20.4% year-on-year [1] - The People's Bank of China Zhejiang Branch has emphasized the development of technology finance, launching various initiatives to support financing for technology-based enterprises [1][2] Financial Performance - As of June, the total loan balance in Zhejiang Province reached 25.34 trillion yuan, with an increase of 1.56 trillion yuan since the beginning of the year, representing an additional increase of 25.8 billion yuan year-on-year [1] - The province has seen 107 announcements from listed companies regarding stock buybacks and increases in loans [1] Technology Finance Initiatives - The Zhejiang Branch of the People's Bank has introduced the "Zhe Ke United Loan" service model to address financing challenges faced by technology enterprises, focusing on information sharing, risk sharing, resource complementarity, and policy integration [2][3] - The "Zhe Ke United Loan" offers three main products tailored to different stages of technology enterprises: "Zhe Ke Inclusive United Loan," "Zhe Ke Growth United Loan," and "Zhe Ke Navigation United Loan," providing better loan terms and conditions [2][3] Policy and Collaboration - A dual-track evaluation system involving banks and industry experts has been established to enhance the precision of financial services for technology enterprises [3] - The Zhejiang Branch is collaborating with 12 financial institutions to implement the "Zhe Ke United Loan," with initial due diligence completed for several technology enterprises [4] - The initiative aims to replicate and promote the "Zhe Ke United Loan" model across the province, enhancing the efficiency of technology finance services [4]

为深入推进科技金融赋能"三项改革"，持续做好省级上市后备企业培育和服务，7月29日陕西省委金融 办会同省级有关部门、沪深北交易所驻陕基地举办2025年资本市场赋能科技金融改革暨省级上市后备企 业名单发布会。 省委金融办、上海证券交易所、陕西证监局、省发展改革委、省国资委、省工业和信息化厅、省知识产 权局、深圳证券交易所、北京证券交易所等主办方及开源证券、西部证券（002673）、长安汇通等承办 方代表出席发布会，会议还邀请先进技术成果西安转化中心参会指导。 各市（区）地方金融管理机构、中国银行陕西省分行、建设银行陕西省分行、招商银行西安分行、浦发 银行西安分行、邮储银行（601658）陕西省分行、中信银行西安分行、华夏银行西安分行、广发银行西 安分行、民生银行西安分行、渤海银行西安分行、成都银行（601838）西安分行、渣打银行西安分行、 长安银行、陕西资本市场服务中心、国家级陕西省知识产权保护中心、陕西上市公司协会、秦创原创投 公司以及上市公司、省级上市后备企业、证券公司、私募投资基金、银行机构代表及新闻媒体嘉宾参 会。 上海证券交易所在发布会上介绍了科创板开板6年来取得的成效，强调科技创新是推动社会进步的 ...

中路股份有限公司公告称，其控股的中路优势（天津）股权投资基金合伙企业（有限合伙）此前审议通 过协议，以1628万元向广州卫通未来科技投资合伙企业（有限合伙）出让所持广东美电贝尔科技集团股 份有限公司5.56%股权。近日，该部分股权已完成交割，公司累计收到全部股权转让款1628万元，本次 交易事宜已全部完成。公告明确，本次交易产生的损益已计入以前年度财务报表，预计不会对公司2025 年度净利润产生影响。 ...

公司回答表示：您好！我们将根据企业发展需求，积极与有助于实现战略目标的行业伙伴探索多元合作 模式，实现业绩增长和股东价值的提升，感谢您的建议和关注！ 金融界7月30日消息，有投资者在互动平台向国脉科技提问：建议，公司要抓紧与龙头科技型公司、终 端产品合作、或者投资终端顶先科技型科创公司，才能更好的推广AI养老大模型，否则，就没竞争力 了、也不会占有广大的市场，下一个10年内也无法让公司市值再创新高。现在和未来的AI、机器人、 智能大模型等这些，只有少数龙头会占有大量市场。公司有医养教研基地和产业，这是哪些龙头科技公 司所没有的优势。 ...

7月29日，《财富》杂志发布2025年世界500强排行榜，130家中国企业进入榜单，按照上榜企业总部所 在城市统计，粤港澳大湾区共有23家企业上榜，相较2024年增加一家企业，其中排名最高的是中国平 安，位列第47名。 从城市分布来看，入围企业主要集中在深圳、广州、香港三地，其中最多的深圳共有9家，广州有6家， 香港有5家。除广深港三地外，佛山有2家企业、东莞有1家企业进入榜单。 《财富》世界500强榜单不仅揭示了全球大型企业的最新发展趋势，更通过国家和地区的对比，展现了 不同经济体的竞争力差异。 聚焦中国上榜企业，一个明显的趋势浮现：互联网和汽车领域的大公司整体呈现依然强势。 榜单显示，京东、阿里巴巴、腾讯、拼多多和美团五家企业排名均实现提升，其中拼多多以176位的跃 升幅度成为榜单黑马（第266位），美团排名上升57位至第327位，京东集团位居第44位，仍是排名最高 的中国大陆民营企业。华为依然是科技领域中国公司的龙头。 如果说互联网企业展现了数字经济的活力，那么汽车行业则呈现出电动化浪潮下的激烈竞逐。全球35家 整车及零部件企业上榜，中国8家整车企业强势入围，比亚迪以第91位首次跻身全球百强，成为榜单中 ...

Financial Performance Overview - The financial operation in Inner Mongolia is stable, with enhanced financial service efficiency supporting high-quality economic development. As of the end of June, the total RMB loan balance of financial institutions reached 32,616.8 billion yuan, an increase of 1,380.8 billion yuan from the beginning of the year, representing a year-on-year growth of 6.8% [1] - The total RMB deposit balance was 40,606.1 billion yuan, increasing by 1,565.2 billion yuan since the beginning of the year, with a year-on-year growth of 7.2% [1] Policy Implementation and Financial Support - The financial system has actively implemented a moderately loose monetary policy, optimizing the credit structure to channel financial resources into key areas, thereby providing strong financial support for major projects and initiatives in Inner Mongolia [1] - A comprehensive policy framework has been established, including one overall plan and five specialized implementation plans in areas such as technology finance and pension finance [1] Support for Technology and Green Development - The financial system has effectively supported the "Technology Breakthrough" and green development initiatives, with 14 financial institutions receiving 2.08 billion yuan in re-loan funds, and issuing 3.47 billion yuan in loans for technology innovation and equipment upgrades [2] - The issuance of 4 billion yuan in technology innovation bonds by Yili Group marks the first successful private enterprise tech bond in Inner Mongolia [2] - Green loans in the region reached a balance of 5,594 billion yuan, with an increase of 387.4 billion yuan since the beginning of the year [2] Support for Key Industries and Elderly Economy - The financial system has optimized credit resource allocation to meet the financing needs of key agricultural sectors and has developed specialized pension credit policies, resulting in a year-on-year growth of 54.2% in pension industry loan balances [3] - Loans for the information transmission, software, and information technology service industry reached 8.94 billion yuan, with a year-on-year increase of 52.1% [3] Foreign Exchange and External Economic Support - The foreign exchange market in Inner Mongolia has operated smoothly, with a total foreign-related income and expenditure of 24.142 billion USD in the first half of the year [3]

Core Viewpoint - The introduction of "Ke Chuang Dai" by China Merchants Bank aims to provide efficient financing services for technology-based enterprises, leveraging data risk control technology to address the financing challenges faced by small and medium-sized technology enterprises [1][2]. Group 1: "Ke Chuang Dai" Business Overview - "Ke Chuang Dai" focuses on the financing difficulties of technology-based small and micro enterprises, utilizing a multi-dimensional data approach including credit, tax, and operational flow to create an intelligent risk control model for precise credit granting [2]. - Compared to traditional loan models, "Ke Chuang Dai" offers advantages such as prioritizing technology attributes, data-driven risk control, and efficient approval processes [2]. Group 2: Data-Driven Credit Assessment - The integration of the national small and micro enterprise funding flow credit information sharing platform into the "Ke Chuang Dai" approval process allows for a comprehensive analysis of core indicators such as operational stability and cash flow cycles, enhancing credit decision-making [3]. - This platform enables accurate assessment of a company's technological capabilities and operational status, facilitating a more informed lending process that benefits trustworthy enterprises [3]. Group 3: Case Study of Successful Loan Approval - A notable case involved a large specialized technology enterprise that received over 13 million yuan in loans through "Ke Chuang Dai," supporting its technological upgrades and market expansion [4]. - The collaboration between the bank and the enterprise extended beyond loans to include various financial services such as payroll, card issuance, and corporate annuities [4]. Group 4: Future Outlook - China Merchants Bank plans to continue innovating the "Ke Chuang Dai" product and enhance cooperation with data sources like the funding flow credit information sharing platform, aiming to create a more intelligent and inclusive technology financial service system [5]. - The bank intends to leverage big data and artificial intelligence to support the growth of more technology-based small and micro enterprises, providing precise financial support for their high-quality development [5].

一股"神秘力量" 正悄悄地改变楼市的格局！ 上周五，上海举行了今年第六批次土拍，其中，浦东、虹口地块均触发中止价，徐汇地块更是以超20万 元的楼面单价，刷新了上海乃至全国涉宅用地成交楼面价。 无独有偶，在房企们争相竞逐上海核心地块的前几天，深圳前海桂湾的宅地土拍上，12家房企及联合体 同台竞价，最终超8.4万元的楼面成交单价，同样一举刷新深圳近十年来单价纪录。 土拍市场的火热，本质上是资本对优质资源的追逐，也是对未来城市价值格局的投票。 而对购房者来说，怎么才能踩准楼市的节拍？ 核心地段的价值锚点，早就藏在这硝烟味十足的土拍里了。 土拍后，前海价值再次被重估 当购房者还沉浸在楼市调整期的纠结中时，开发商已经用真金白银果断出手了！ 在上海，徐汇区的衡复地块经过28轮竞价，被上海祺祥旺宇置业有限公司以12.25亿元的价格收入囊 中。该地块成交楼面价20万元/平方米，溢价率22.38%。 或许正清晰地指向三个方向 01 在深圳，前海桂湾的宅地以21.55亿成交，溢价率高达86.1%。该溢价率不仅创造了2025年最高溢价率纪 录，更创下深圳2024年取消15%溢价上限后的新高，楼面价更一举刷新了深圳住宅用地楼面价的历 ...

Market Overview - The US stock market experienced a collective decline due to uncertainties surrounding trade issues and the Federal Reserve's interest rate decision, with the Dow Jones down 0.46% at 44,632.99 points, S&P 500 down 0.30% at 6,370.86 points, and Nasdaq down 0.38% at 21,098.29 points [1] - Investor focus has shifted from concerns about deep recession and uncontrolled inflation to identifying industry winners and losers amid tariffs and new trade agreements [1] Technology Sector Performance - Major tech stocks mostly declined, with Apple down 1.30%, Nvidia down 0.70%, Amazon down 0.76%, and Meta down 2.46%, resulting in a loss of nearly 320 billion RMB in market value for Meta [2][3] - Alphabet (Google) was an exception, rising 1.65% [2] Chinese Stocks Performance - The Nasdaq Golden Dragon China Index fell 1.35%, with Alibaba down 2.28%, JD down 3.01%, and NIO down 2.48% [2] Company News - JPMorgan is nearing an agreement to take over Apple Card from Goldman Sachs, indicating a deepening partnership between the largest US bank and the tech giant [4] - Novo Nordisk's stock plummeted nearly 22% after the company lowered its full-year guidance due to weak growth expectations for its weight loss drug Wegovy in the US market [4] Microsoft and OpenAI - Microsoft is negotiating with OpenAI to continue using its technology after achieving general artificial intelligence (AGI), aiming to clear obstacles for OpenAI's commercialization [5] Federal Reserve and Economic Indicators - The market is closely watching the upcoming Federal Reserve interest rate decision, with expectations that the Fed will maintain the benchmark rate between 4.25% and 4.5% [7] - Analysts predict the Fed may lower rates twice between September and December, depending on the performance of non-farm payroll and CPI data from July and August [7] Commodity Market Activity - International gold prices rebounded, with COMEX gold futures and London spot prices rising by 0.46% and 0.36% respectively [7] - International oil prices surged, with NYMEX crude futures rising nearly 4% to over $69 per barrel, partly due to Trump's announcement of a trade agreement with the EU [7]