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华安证券财通证券股价下跌 证券板块唯二翻绿|焦点消息
Zhong Guo Jing Ji Wang· 2025-09-22 12:11
Group 1 - Huatai Securities (600909.SH) closed at 6.18 yuan, with a decline of 0.16% [2] - Caitong Securities (601108.SH) closed at 8.24 yuan, with a decline of 0.12% [2] - The securities sector experienced an overall increase of 1.03%, with Huatai Securities and Caitong Securities being the only two companies in the sector that declined [2]
新华社权威速览·非凡“十四五”丨资本市场健康稳定发展态势持续形成并不断巩固
Xin Hua Wang· 2025-09-22 12:06
期货和衍生品法、私募基金监管条例等法规发布实 国务院出台新"国九条" 证监会会同相关方面出台60余项配套规则 基础制度和监管底层逻辑得到全方位重构 22日举行的"高质量完成'十四五'规划"发布会上,中国证监会主席吴清说,证监会与各方面一体推 进防风险、强监管、促高质量发展,合力稳市场、稳预期、稳信心,推动市场健康稳定发展的态势持续 形成并不断巩固。跟随这组海报,一起了解下。 新华社权威速览 ·非凡"十四五 "四梁八柱"的法规制度体 建构成型 协同发力的稳市机制 逐步完善 新华社权威速览 ·非凡"十四 多层次、广覆盖的市场体 更加完备 纵深推进科创板、创业板改革 成功设立并高质量推进北交所建设 持续深化新三板改革 今年8月,A股市场总市值首次突破100万亿元 交易所债券市场产品日趋丰富 全市场期货期权品种达到157个 设立广期所更好促进绿色发展 新葡京官方下载官网 国家乐官方下载官网 澳门百家乐官网登录 澳门百家乐官网登录 澳门皇冠皇冠 新华社权威速览 · 非风"十四五 投资和融资相协调的市场功能 不断健全 近5年交易所市场股债融资合计达到57.5万亿元 直接融资比重较"十三五"末提升2.8个百分 资本市场含" ...
2025年8月债市托管数据点评:托管量环比少增,债市杠杆率微增
KAIYUAN SECURITIES· 2025-09-22 12:06
Overall Situation - The total bond custody volume of ChinaClear and CCDC was 174.54 trillion yuan, with a monthly net increase of 1506.006 billion yuan, showing a decline in the month - on - month increase. The custody volume of ChinaClear was 48.63 trillion yuan, with a monthly net increase of - 32.193 billion yuan, and the month - on - month increase declined. The custody volume of CCDC was 125.91 trillion yuan, with a monthly net increase of 1538.199 billion yuan, and the month - on - month increase improved [2][3] Bond Types - Interest - rate bonds contributed the main increment in the current month. The custody volume of interest - rate bonds was 119.12 trillion yuan, with a monthly net increase of 1804.834 billion yuan. The custody volume of credit bonds was 33.40 trillion yuan, with a monthly net increase of 27.925 billion yuan. The custody volume of inter - bank certificates of deposit was 20.38 trillion yuan, with a monthly net increase of - 355.61 billion yuan. In ChinaClear, financial bonds (excluding policy - financial bonds) contributed the main increment, with a monthly net increase of 233.8 billion yuan. In CCDC, treasury bonds contributed the main increment, with a monthly net increase of 826.058 billion yuan [4] Institutions - Commercial banks were the main force in increasing bond holdings. The custody volume of commercial banks was 93.01 trillion yuan, with a monthly net increase of 1202.046 billion yuan. The custody volume of securities was 3.20 trillion yuan, with a monthly net increase of 19.31 billion yuan. The custody volume of broad - based funds was 47.95 trillion yuan, with a monthly net increase of - 191.658 billion yuan. The custody volume of overseas institutions was 3.83 trillion yuan, with a monthly net increase of - 99.698 billion yuan. In ChinaClear, policy banks and insurance institutions increased their bond holdings. In CCDC, commercial banks were the main source of increment [5] Leverage - The overall leverage ratio of the bond market in August was 106.88%, a month - on - month increase of 0.07 percentage points. The leverage ratio of commercial banks was 104.58%, a month - on - month increase of 0.03 percentage points. The leverage ratio of non - bank institutions was 109.66%, a month - on - month increase of 0.15 percentage points, and the leverage ratio of securities firms was 138.54%, a month - on - month increase of 0.30 percentage points [6] Bond Market Outlook - In the context of the revision of economic expectations, bond yields are expected to rise trend - wise. In the second half of 2025, the economic growth rate may not decline significantly, structural problems such as prices are expected to improve trend - wise, and the allocation between stocks and bonds will continue to switch, with bond yields and the stock market expected to continue to rise [7]
吴清发布会解码!资本市场五年“成绩单”与未来“路线图”揭晓
2 1 Shi Ji Jing Ji Bao Dao· 2025-09-22 12:03
Core Viewpoint - The Chinese capital market has undergone significant reforms during the 14th Five-Year Plan period, enhancing its structure, regulatory framework, and market functions, leading to increased foreign investment and a more robust market environment [1][4][11]. Regulatory Framework - The implementation of the new Securities Law has led to a comprehensive restructuring of the regulatory framework, with key laws such as the Futures and Derivatives Law and Private Fund Supervision Regulations being established [5]. - The introduction of over 60 supporting rules in 2024 will further enhance the foundational regulatory structure for stable market development [5]. Market Structure - The market has achieved a multi-layered and comprehensive structure, with significant reforms in the Sci-Tech Innovation Board and the establishment of the Beijing Stock Exchange [6]. - As of August this year, the total market capitalization of A-shares has surpassed 100 trillion yuan, indicating a robust market growth [6]. Investment and Financing - In the past five years, the total financing through stock and bond markets reached 57.5 trillion yuan, with direct financing accounting for 31.6% of the total, reflecting a steady increase [7]. - The technology sector has seen a significant rise, with over 90% of new listings being technology-related companies, and the market capitalization of the technology sector now exceeds 25% of the total A-share market [7]. Market Resilience - The resilience and risk resistance of the A-share market have improved, with the annualized volatility of the Shanghai Composite Index decreasing by 2.8 percentage points compared to the previous five-year period [8]. Fair Market Environment - A more equitable market environment has been established, with 2,214 administrative penalties issued and a total of 41.4 billion yuan in fines during the 14th Five-Year Plan period, reflecting a commitment to combat financial misconduct [9]. Key Reforms - The capital market has implemented significant reforms across four main areas: investment-side reforms, financing-side reforms, high-quality development of listed companies, and high-level institutional opening [11]. - The introduction of a comprehensive system for investor protection has been emphasized, with measures to enhance transparency and accountability in the market [17]. Future Directions - The China Securities Regulatory Commission has outlined four key future directions: enhancing the adaptability of the multi-layered market system, leveraging the role of long-term funds, improving the quality and investment value of listed companies, and increasing the precision and effectiveness of regulation [20].
“924”一周年,关注增量政策预期!券商低调发力,300亿512000上探1%,逾64亿耐心资金持续涌入
Xin Lang Ji Jin· 2025-09-22 12:03
今日A股继续演绎结构行情,券商久违发力支撑大盘。300亿顶流券商ETF(512000)小幅高开震荡,盘 中多次上冲,场内价格一度涨逾1%,收涨0.86%,收复60日线,全天成交额10.24亿元,交投活跃。 | 分别 多日 1分 5分 * 综合屏 F9 前望板 超级量加 面线 工具 @ (2 ) | | | | | 劳商ETF 1 | | | --- | --- | --- | --- | --- | --- | --- | | 512000.SHI券配ETF1 2025/09/22 欧 0.589 幅0.86%(0.005) 开 0.585 高 0.590 图 MAS 0.5941 MATO 0.5991 MA20 0.6081 MA60 0.5881 MA120 0.5471 MA250 0.547 ml | | 0.589 +0.005 +0.86% | | | 512000 | | | | | SSE CNY 15:00:05 交易中 | | | | A D / C / F | | 0.660 | 泽值走势 | | 华宇中证全盘证等公司LIF | 今日 | 5.18% 120日 | 13.49% | | ...
上交所:更大力度推动中长期资金入市 持续稳定和活跃资本市场
Mei Ri Jing Ji Xin Wen· 2025-09-22 11:54
中共上海证券交易所委员会发布关于二十届中央第三轮巡视整改进展情况的通报,下一步,上交所党委 将一体推进防风险、强监管、促高质量发展工作。做好金融"五篇大文章",更大力度推动中长期资金入 市,持续稳定和活跃资本市场,更好服务新质生产力发展和广大投资者。持续推进抓基本、打基础、走 基层,"开门办审核、开门办监管、开门办服务"工作。坚持从严监管、科学监管,既抓早抓小抓苗头, 更打大打恶打重点,努力做到严而有度、严而有方、严而有效。以深化资本市场投融资综合改革为牵 引,以深入推进"提质增效重回报"行动、加强指数化投资生态建设为抓手,健全市场内在稳定性长效机 制。发挥好科创板改革"试验田"作用,落实好进一步全面深化科创板改革各项改革措施;进一步推 动"科创板八条""并购六条"创新性示范性案例落地。稳步拓展互联互通,丰富跨境投融资产品,推进高 水平对外开放。 全文 中共上海证券交易所委员会关于二十届中央第三轮巡视整改进展情况的通报 根据中央统一部署,2024年4月16日至7月20日,中央第八巡视组对上海证券交易所(以下简称上交所) 党委进行了巡视。2024年10月20日,中央巡视组向上交所党委反馈了巡视意见。按照巡视工作 ...
世运电路5亿元闲置募集资金现金管理调整:改投中信银行新结构性存款产品
Xin Lang Cai Jing· 2025-09-22 11:50
Core Viewpoint - The company has announced the progress of using part of its idle raised funds for cash management, specifically through the subscription of a new structured deposit product after a previous attempt was unsuccessful due to insufficient bank product quotas [1][2]. Summary by Relevant Sections Cash Management Overview - The company plans to use a maximum of 110,000 million yuan of temporarily idle raised funds for cash management, focusing on high safety, good liquidity, and principal-protected deposits or financial products, with individual investment product terms not exceeding 12 months [2]. New Investment Details - The newly subscribed product is "共赢慧信汇率挂钩人民币结构性存款A13537期(C25A13537)" with an investment amount of 50,000 million yuan, expected annualized return rate between 1.00% and 1.74%, and the investment period from September 23, 2025, to October 23, 2025 [2][3]. Existing Cash Management Products - As of the announcement date, the company has several outstanding cash management products, including: - "银河金鼎"收益凭证5049期 with an investment of 10,000 million yuan, expected return of 1.5% - 4% [3] - "收益宝"4号 with an investment of 10,000 million yuan, expected return of 1.60% - 2.32% [3] - Other products with similar structures and varying expected returns [3]. Company’s Rationale - The company emphasizes that the use of idle raised funds for cash management does not affect the normal investment plans of the raised funds and aims to enhance the efficiency of fund utilization, ultimately benefiting the company and its shareholders [3].
从2700点保卫战到市值首破百万亿,“9·24”一周年改变了什么?
Di Yi Cai Jing· 2025-09-22 11:45
Market Recovery - The A-share market has shown significant recovery, with the Shanghai Composite Index rising from 2700 points to over 3800 points, and the total market capitalization surpassing 100 trillion yuan [1][3] - Over 1500 stocks have doubled in price since last year, indicating a broad-based recovery across various sectors [1][4] Investor Behavior - Investor sentiment has shifted from a cautious "cash out upon breakeven" mentality to a more optimistic approach, with many now considering new investment opportunities [10][12] - New A-share accounts opened in August increased by 165% year-on-year, reflecting growing investor interest [1][12] Fund Performance - The performance of public funds has improved significantly, with over 99% of funds showing positive cumulative returns since last September, and 697 funds achieving over 100% returns [4][6] - The number of funds with unit net values below 1 yuan has decreased from 3959 to 1224, indicating a recovery in fund values [6] Long-term Capital Inflow - Long-term capital, including insurance and pension funds, has been steadily entering the A-share market, with a total market value of approximately 21.4 trillion yuan, a 32% increase since the end of the 13th Five-Year Plan [7][8] - The ETF market has also seen substantial growth, reaching a total scale of 5.31 trillion yuan, up 42.31% from the end of last year [7] Policy Support - Regulatory policies aimed at encouraging long-term capital inflow have been implemented, which are expected to further enhance market stability and growth [8][9] - Recent reforms in public fund fee structures are projected to save investors over 500 billion yuan annually, promoting a more favorable investment environment [9]
独家|富途证券、老虎证券进一步关闭中国内地居民开户通道
Di Yi Cai Jing· 2025-09-22 11:44
炒股就看金麒麟分析师研报,权威,专业,及时,全面,助您挖掘潜力主题机会! 富途证券内地居民开户需持有海外永居身份证明;老虎证券仅接受持有非中国内地身份证件的客户申请 开户。 跨境互联网券商富途证券、老虎证券进一步关闭了中国内地居民的开户通道。 9月22日,第一财经记者了解到,根据最新监管要求,富途证券开户条件有所变更,目前中国内地客户 开户需持有海外永居身份证明。富途牛牛客服强调,现在公司正在进行系统升级,现阶段仅支持有中国 香港或澳门身份证的客户开户;待系统升级完成后,客户可使用内地身份证+海外永居身份证明进行开 户。 相较于总部位于新加坡并在中国香港、中国内地等地展业的长桥证券,以及分别向新西兰、中国香港税 务部门上报用户信息的老虎证券、富途证券等,盈透证券总部位于美国,不参与CRS(共同报告标准) 框架下的税务信息交换,不少人认为可以借此规避国内税务部门对其境外所得的监控。 第一财经记者以客户身份咨询时,老虎证券客服也表示,应监管最新要求,公司调整了关于中国内地居 民的开户政策,自上周开始不再接受中国内地居民通过提供境外工作或生活相关证明文件开户,仅接受 持有非中国内地身份证件的客户申请开户。 今年以来 ...
上交所:更大力度推动中长期资金入市,持续稳定和活跃资本市场
Bei Jing Shang Bao· 2025-09-22 11:38
北京商报讯(记者 马换换 实习记者 李佳雪)9月22日晚间,上交所官网发布中共上海证券交易所委员会关 于二十届中央第三轮巡视整改进展情况的通报。通报显示,下一步,上交所党委将坚持标准不变、力度 不变、"一把手"负责不变,扎实推进巡视整改常态化长效化。一体推进防风险、强监管、促高质量发展 工作。做好金融"五篇大文章",更大力度推动中长期资金入市,持续稳定和活跃资本市场,更好服务新 质生产力发展和广大投资者。持续推进抓基本、打基础、走基层,"开门办审核、开门办监管、开门办 服务"工作。坚持从严监管、科学监管,既抓早抓小抓苗头,更打大打恶打重点,努力做到严而有度、 严而有方、严而有效。 ...