Group 1 - Gold prices surged again, with spot gold breaking the previous high of $3500 per ounce, marking a historical peak and an increase of over $800 this year [1] - The rise in gold prices is attributed to the increasing issuance of the US dollar, leading to higher dollar-denominated gold prices, alongside significant purchases of physical gold by central banks, including the People's Bank of China [1][2] - Investors are increasingly buying gold jewelry and physical gold in anticipation of further price increases, contributing to the sustained rise in gold prices [1] Group 2 - Recent international gold price increases are primarily driven by heightened expectations of interest rate cuts by the Federal Reserve, with a potential 25 basis point cut expected in September [2] - The Federal Reserve's cautious stance on interest rates has shifted, with indications that the labor market is weakening, which may support the case for rate cuts [2] - The US government's rising debt, exceeding $37 trillion, has raised concerns about the dollar's credibility, further driving demand for gold as a safe-haven asset [2] Group 3 - The ongoing tensions between President Trump and the Federal Reserve have raised concerns about the independence of the Fed, potentially undermining market confidence [3] - The price of silver has increased over 40% this year, outpacing gold, driven by industrial demand and supply shortages in the silver market [3] - Investors are increasingly turning to silver-backed ETFs, leading to a continuous rise in holdings and a decline in available silver inventory in the London market [3] Group 4 - The capital market is experiencing upward momentum, with significant trading volumes indicating increased investor confidence [4] - Multiple sources of capital inflow are driving market growth, including funds moving from savings, insurance companies increasing their positions, and foreign investments exceeding $10 billion in the first half of the year [4] - Short-term market fluctuations are expected, but long-term prospects for the gold market remain positive, supporting economic recovery through enhanced consumer wealth effects [4]

为支持划转充实社保基金国有股权及现金收益运作管理，现将相关税收政策通知如下： 财政部、税务总局发布《关于划转充实社保基金国有股权及现金收益运作管理税收政策的通知》。 一、对承接主体在运用划转的国有股权和现金收益投资过程中，贷款服务取得的全部利息及利息性质的 收入和金融商品转让收入，免征增值税。 二、将转让划转的国有股权及现金收益投资取得的收入，作为企业所得税不征税收入。 三、承接主体转让划转的非上市公司国有股权，免征承接主体应缴纳的印花税。 六、本通知自2024年4月1日起执行。通知发布前已缴纳的税款，符合本通知规定的，可予以退还。 财政部税务总局 2025年8月27日 来源：财政部网站 （文章来源：中国证券报） 四、对承接主体转让划转的上市公司国有股权，以及运用现金收益买卖证券应缴纳的证券交易印花税， 实行先征后返。 五、本通知所称承接主体是指《国务院关于印发划转部分国有资本充实社保基金实施方案的通知》（国 发〔2017〕49号）规定的负责国有股权及现金收益运作管理的主体，包括：全国社会保障基金理事会以 及由各省、自治区、直辖市人民政府设立的负责集中持有、管理和运营划转国有股权的国有独资公司或 受托对划转国 ...

本报记者 韩昱 来源：财政部网站 据财政部网站9月2日消息，为支持划转充实社保基金国有股权及现金收益运作管理，财政部、税务总局发布了《关于划转充实社保基金国有股权及现金收 益运作管理税收政策的通知》（以下简称《通知》）。 《通知》明确，对承接主体在运用划转的国有股权和现金收益投资过程中，贷款服务取得的全部利息及利息性质的收入和金融商品转让收入，免征增值 税。 《通知》自2024年4月1日起执行。《通知》发布前已缴纳的税款，符合本通知规定的，可予以退还。 将转让划转的国有股权及现金收益投资取得的收入，作为企业所得税不征税收入。 承接主体转让划转的非上市公司国有股权，免征承接主体应缴纳的印花税。 《通知》所称承接主体是指《国务院关于印发划转部分国有资本充实社保基金实施方案的通知》（国发〔2017〕49号）规定的负责国有股权及现金收益运 作管理的主体，包括：全国社会保障基金理事会以及由各省、自治区、直辖市人民政府设立的负责集中持有、管理和运营划转国有股权的国有独资公司或 受托对划转国有股权实行专户管理的具有国有资本投资运营功能的公司等。 对承接主体转让划转的上市公司国有股权，以及运用现金收益买卖证券应缴纳的证券交易 ...

二、将转让划转的国有股权及现金收益投资取得的收入，作为企业所得税不征税收入。 三、承接主体转让划转的非上市公司国有股权，免征承接主体应缴纳的印花税。 四、对承接主体转让划转的上市公司国有股权，以及运用现金收益买卖证券应缴纳的证券交易印花税， 实行先征后返。 五、本通知所称承接主体是指《国务院关于印发划转部分国有资本充实社保基金实施方案的通知》（国 发〔2017〕49号）规定的负责国有股权及现金收益运作管理的主体，包括：全国社会保障基金理事会以 及由各省、自治区、直辖市人民政府设立的负责集中持有、管理和运营划转国有股权的国有独资公司或 受托对划转国有股权实行专户管理的具有国有资本投资运营功能的公司等。 两部门发布《关于划转充实社保基金国有股权及现金收益运作管理税收政策的通知》 财政部、税务总局发布关于划转充实社保基金国有股权及现金收益运作管理税收政策的通知，为支持划 转充实社保基金国有股权及现金收益运作管理，现将相关税收政策通知如下： 一、对承接主体在运用划转的国有股权和现金收益投资过程中，贷款服务取得的全部利息及利息性质的 收入和金融商品转让收入，免征增值税。 2025年8月27日 责任编辑：杨红卜 六、本通 ...

9月2日，港股开盘，恒生指数跌0.11%，恒生科技指数跌0.11%。云锋金融高开近15%，公司与蚂蚁数科 达成战略合作协议、战略投资Pharos公链，共筑机构级RWA金融新基建。 ...

Group 1 - The recent liquidity crisis at Yuzhi Financial has raised significant concerns, with investors facing withdrawal difficulties and a highly strained capital chain, severely impacting their interests [1] - The crisis may be linked to the platform's operational model and poor fund management practices [1] Group 2 - A reputable third-party institution has officially taken over the situation, implementing a detailed work plan and objectives to address the liquidity issues and reassure investors [3] - An online redemption channel has been established, with clear timelines and straightforward procedures, providing transparent redemption rules to guide investors [3] Group 3 - This incident serves as a wake-up call for enhancing financial regulation, prompting authorities to strengthen oversight and improve regulatory mechanisms to protect investor rights and maintain financial order [5]

智通财经APP获悉，日本发行机构以美元和欧元计价的债券发行规模，正有望在年内首次突破1000亿美 元。周二，日本多家企业集中进军一级债券市场，推动总发行量逼近这一历史性数字。 包括野村控股(NMR.US)和三菱日联金融集团(MUFG.US)在内的至少七家金融机构领衔的本周发债潮， 预计将成为今年全球债券市场最繁忙的交易周之一。 汇丰控股亚太债务资本市场联席主管Daniel Kim表示："受并购活动增加、大额外币资本支出需求，以 及对人工智能(AI)、数据中心等新技术领域投资的推动，我们看到日本企业的离岸债券发行量大幅增 长。" 他同时指出，发行机构的再融资需求也是重要推动因素。 当前，强劲的企业基本面与对经济前景重燃的乐观情绪，共同提振了市场风险偏好。由于美元债券市场 正处于数十年来收益率溢价最低的时期之一，全球企业纷纷抓紧发行债券，以锁定这一有利融资成本。 在此背景下，日本企业也愈发频繁地动用资产负债表，开展国内外并购活动。今年7月，日本电信巨头 日本电报电话(NTTYY.US)就发行了规模达177亿美元的美元及欧元债券，创下亚太地区此类债券发行的 历史最高纪录，所得资金用于为一项并购交易的过桥贷款进行再融 ...

Group 1: Forum Overview - The 2025 Global Family Office Forum was held in Shanghai, supported by the Hong Kong SAR Government and attended by nearly 200 entrepreneurs and high-net-worth individuals [1] - The forum featured a keynote speech by Zhang Liyun, CEO of the Harbor Family Office, emphasizing the importance of customized wealth management solutions [3][5] Group 2: Industry Trends - Zhang Liyun identified four key trends in the family office industry: the rise of "joint family offices" for younger, smaller wealth families; a shift from wealth management to comprehensive family governance; a younger client demographic; and a move towards long-term, comprehensive services [6] - The Harbor Family Office aims to provide tailored services through a multi-dimensional framework addressing various client needs [6] Group 3: Economic Insights - During a dinner speech, Chief Economist Xing Lei discussed the impact of de-globalization on sustainable family business development, highlighting the need for cross-border asset allocation and risk hedging [8] - Zhang Liyun shared insights from the 2024 Hurun Wealth Report, predicting a wealth transfer of 20 trillion yuan to the next generation over the next decade, increasing to 79 trillion yuan in 30 years [11] Group 4: Financial and Technological Integration - The Harbor Family Office is collaborating with Innovation Qizhi to integrate finance and technology, focusing on AI and digital solutions to enhance financial services [12][13] - The partnership aims to create intelligent blockchain applications and comprehensive solutions for the financial industry, enhancing the Harbor Family Office's service capabilities [13] Group 5: Company Profile - Henry Group Limited, listed as 3638.HK, operates in financial services, electronic product trading, and life sciences, with a focus on providing comprehensive family office services through its subsidiary, the Harbor Family Office [14]

投资者的经济困境由此凸显。许多人不仅损失了大量投资本金，原本的生活规划和财务计划也被打乱。一些家庭甚至因投资失败， 面临经济压力骤增、生活质量下降的局面。 好在有关部门行动迅速。在知晓问题后，积极协调各方资源，努力为引入第三方机构接手创造条件。他们深入调查资金流向，加强 对平台的监管，力求保障投资者的合法权益。 煜志金融资金盘如今陷入无法兑付的困境，引起广泛关注。 目前，投资者面临提现困难的严峻现实，平台资金链极度紧张。大量投资者申请提现却迟迟未到账，不少人反映多次尝试均无果， 这让众多投资者心急如焚。 维护投资者权益与金融秩序意义重大。此次资金盘兑付困境若能妥善解决，将有力稳定金融市场，恢复投资者信心。金融秩序稳定 是经济健康发展的基石，投资者权益得到保障，才能促进金融市场的良性循环。 展望未来，希望煜志金融资金盘问题能顺利解决。同时，监管部门应加强对金融市场的监管力度，完善相关法律法规，提高金融机 构准入门槛，强化日常监督，以避免类似金融风险事件再次发生，确保金融市场稳健运行 。 ...

Group 1 - The core viewpoint of the article highlights that despite the competitive IPO market, private companies are continuously evaluating their options for going public, with guidance provided by Deloitte on IPO accounting, SEC requirements, and other financial steps in the IPO preparation process [1][3][13] Group 2 - 2021 was a record year for IPOs and SPACs, but the market has remained subdued due to various challenges such as market volatility, geopolitical conflicts, interest rate hikes, inflation, and supply chain issues [3] - Private companies are considering various methods for going public, including traditional IPOs, non-traditional IPOs (like SPAC mergers), and other financing alternatives such as direct listings [3] - Companies must submit a registration statement to the SEC before publicly offering securities, with the submission process depending on the nature of the offering [3][4] Group 3 - Confidential submissions allow companies to conceal sensitive information from clients or competitors during the later stages of the IPO process, with initial confidential filings needing to be publicly submitted at least 15 days before a roadshow or the effective date of the registration statement [4] - The SEC typically completes a preliminary review of the registration statement within 27 calendar days, and companies may receive multiple rounds of comments from SEC staff [4] Group 4 - Companies must determine which financial statements are required for the registration statement, with small reporting companies and emerging growth companies allowed to submit only two years of audited financial statements, while others must submit three years [6] - Financial statements must meet certain timeliness requirements, with a general limit of 134 days between the submission date and the most recent balance sheet date [6] Group 5 - Public companies must adhere to different accounting standards compared to private companies, with public entities required to adopt new accounting standards earlier [7] - Companies undergoing an IPO must submit financial statements that comply with public entity accounting standards and SEC disclosure requirements [7][8] Group 6 - Auditors for companies going public must follow PCAOB auditing standards and may need to perform additional procedures, with audit reports referencing both AICPA and PCAOB standards [11] - After the registration statement becomes effective, companies must file periodic reports (10-Q and 10-K) and comply with various SEC regulations regarding executive compensation, cybersecurity, and climate disclosures [12] Group 7 - SPAC transactions have seen significant growth but have also slowed down, with management needing to understand the differences between traditional IPOs and SPAC transactions, especially in light of new SEC disclosure rules effective July 1, 2024 [13]