南方财经记者 庞成 广州报道 二是强化科技金融政策合力。从多维度发力，在完善信贷风险补偿分担机制、加强信息共享和投融资对 接、开展"益企共赢计划"试点、打造科创高地等方面凝聚各方合力，支持广州科技创新发展。 三是优化科技金融发展生态。完善科技金融组织体系和内部管理机制，建立健全科技金融统计制度和评 估机制，探索组建广州科技金融联盟，发挥市级财政科技资金带动作用，构建"赛事奖补+创业投资+科 技信贷"联动机制，打造"科学家+企业家+银行家+投资家"人才集聚新模式，营造广州科技金融高质量 发展的良好生态。 四是加强组织保障。加强统筹协调和信息共享，健全工作简报制度，及时会商重要问题，推动各项措施 落实落细，做好经验总结和宣传推广，打造可复制可推广的典型模式，加强信贷风险管理，切实防范科 技金融创新风险。 人行广东省分行表示，将以《实施意见》的出台为契机，认真贯彻中央金融工作会议决策部署，落实好 广东省委"1310"具体部署和广州市委"1312"思路举措，与有关部门加强信息共享和政策协同，引导金融 资本投早、投小、投长期、投硬科技，推动《实施意见》各项措施落到实处，全力做好广州科技金融大 文章，以高质量科技金融服务 ...

Group 1: Dundee Precious Metals - Dundee Precious Metals is engaged in the acquisition, exploration, development, mining, and processing of precious metals, holding a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Dundee Precious Metals' current year earnings has increased by 24.7% over the last 60 days [1] - The company's shares gained 32.5% over the last three months, outperforming the S&P 500's gain of 25.1%, and it possesses a Momentum Score of A [2] Group 2: Booking Holdings - Booking Holdings is one of the largest online travel companies globally, also holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for Booking Holdings' current year earnings has increased by 0.9% over the last 60 days [3] - The company's shares gained 39.9% over the last three months, significantly outperforming the S&P 500's gain of 25.1%, and it possesses a Momentum Score of A [4] Group 3: Lloyds Banking Group - Lloyds Banking Group is a UK-based financial services company providing a range of banking and financial services, also holding a Zacks Rank 1 [4] - The Zacks Consensus Estimate for Lloyds Banking Group's current year earnings has increased by 2.6% over the last 60 days [4] - The company's shares gained 27% over the last three months, slightly outperforming the S&P 500's gain of 25.1%, and it possesses a Momentum Score of A [4]

Investment Rating - The report indicates a robust GDP growth forecast for Q2, with expectations of 5.0-5.2% YoY growth, despite anticipated headwinds in H2 [4][32]. Core Insights - The manufacturing sector shows signs of improvement, with NBS manufacturing PMI rising to 49.7 and Caixin PMI increasing to 50.4 in June, indicating a less negative growth momentum [7][10]. - Property sales continue to decline significantly, with 30-city property sales down 10% YoY in June, and top 100 developers' contract sales volume decreasing by 35% YoY [9][19]. - Retail sales growth is expected to moderate to 6% YoY in June, influenced by a low base and earlier promotional activities [23]. - Infrastructure investment growth is projected to cool to 6% YoY due to a high base effect, while overall fixed asset investment (FAI) growth is anticipated at 3% YoY [20][32]. Summary by Sections Economic Overview - Q2 GDP growth is expected to remain robust at 5.0-5.2% YoY, supported by front-loading of exports and earlier government stimulus [4][32]. - CPI is projected to edge up marginally to 0% YoY, while PPI remains in deep deflation at -3.3% YoY [3][29]. Manufacturing Sector - NBS manufacturing PMI increased by 0.2ppt to 49.7, with improvements in new orders and production indices [7][10]. - Caixin manufacturing PMI rose by 2.1ppt to 50.4, indicating stronger production and new orders [7][10]. Property Market - 30-city property sales declined further to -10% YoY in June, with significant drops in both tier 1 and tier 3 cities [9][19]. - The contract sales volume of the top 100 developers fell by 35% YoY in June, reflecting ongoing challenges in the property sector [9][19]. Retail and Consumer Trends - Retail sales growth is expected to moderate to 6% YoY in June, influenced by earlier promotional activities and a low base [23]. - Auto retail sales growth picked up to 24% YoY in June, driven by trade-in subsidies and a low base effect [38]. Investment and Infrastructure - Overall FAI growth is projected at 3% YoY in June, with infrastructure investment cooling to 6% YoY due to a high base [20][32]. - Manufacturing investment growth is expected to hold up at 7-8% YoY, supported by fiscal subsidies for equipment upgrading [20].

Core Viewpoint - The development of inclusive finance in China has evolved from a policy initiative to a core driver for balanced economic and social development, with a goal to establish a high-quality comprehensive inclusive financial system within the next five years [1] Group 1: Development Goals and Achievements - The implementation plan released by the Financial Regulatory Administration and the People's Bank of China aims to enhance inclusive finance to promote common prosperity [1] - The inclusive finance system in China has made historic achievements over nearly a decade, addressing structural issues such as financing difficulties and high costs for small and micro enterprises and agricultural entities [1] Group 2: Technological Integration - The shift from "quantitative expansion" to "qualitative improvement" in the inclusive finance sector is a key challenge, with financial technology represented by big data and artificial intelligence being crucial for resolving structural contradictions [2] - Innovations like the "live biological digital" loan model by Industrial Bank utilize IoT and AI to convert hard-to-assess rural assets into quantifiable digital credit, addressing credit collateral issues in agriculture [2] Group 3: Expert Insights and Theoretical Framework - The book invites experts to analyze the future of inclusive finance, emphasizing the need for a dual-driven approach from both government and market to resolve structural contradictions [3] - The research team summarizes common issues from case studies, providing a practical and policy-oriented perspective alongside theoretical insights [3] Group 4: Case Studies and Innovations - The book features over 80 case studies showcasing diverse innovations in business collaboration, product design, and risk management within the inclusive finance sector [4] - Notable examples include the "water-saving loan" by Bank of China and the use of satellite technology by ICBC to optimize agricultural credit models, demonstrating how technology can enhance rural economic services [4] Group 5: Service to New Citizens and Consumer Protection - Institutions like the National Development Bank and China Postal Savings Bank are exploring financial services tailored to new citizens, including pension finance and community finance [5] - Innovations in product and service delivery, such as digital financial education by China Construction Bank and services for the hearing-impaired by Shenzhen Rural Commercial Bank, highlight the sector's commitment to improving customer experience and protecting consumer rights [5] Group 6: Future Directions - The publication of "Intelligent Inclusive New Finance" marks a pivotal moment as inclusive finance transitions from quantity to quality, providing insights and methodologies that may guide future reforms and innovations in the sector [5]

Group 1 - The U.S. government debt is projected to exceed $50 trillion within seven years due to the implementation of the "Big and Beautiful" act and ongoing expansionary fiscal policies [1][3] - The current national debt has surpassed $36 trillion, marking a historical high, with the "Big and Beautiful" act expected to increase the fiscal deficit by approximately $3.3 trillion over the next decade [3] - The act includes significant tax cuts, such as reducing the corporate tax rate from 35% to 21% permanently and raising the state and local tax deduction cap from $10,000 to $40,000, which will result in over $4.5 trillion in spending costs over the next ten years [3] Group 2 - The U.S. Treasury may run out of "extraordinary measures" to address the debt ceiling issue by mid-August, with a projected $1 trillion increase in Treasury bond supply expected in the second half of 2025 [4] - The International Monetary Fund warns that the act will significantly worsen the fiscal deficit, potentially raising the debt-to-GDP ratio to around 120%, far exceeding international warning levels [4] - The act's tax cuts primarily benefit high-income households, particularly those earning between $200,000 and $500,000, while drastically cutting healthcare coverage for low-income individuals, with an estimated 17 million Americans losing insurance [4]

RT Tree News (@TreeNewsFeed)RIPPLE SEEKS A U.S. BANKING LICENSE, ADDING TO LIST OF CRYPTO COMPANIES - WSJ - RTRS ...

齐鲁晚报·齐鲁壹点 王赟 尼山世界文明论坛，再临，此次，世界文化遗产论坛、金融文化论坛、水文化论坛三个平行论坛将首次 举办。 各美其美，圣哲遗风，金融潮头，智汇淜滂。 首届金融文化论坛将围绕"传统文化与现代金融"主题，开展广泛对话交流，交流的同时拓展了金融服务 的深度与温度，在这里，感受千年文明的当代生命力的同时，也将启发对现代金融创新和实践的思考。 本次金融文化论坛也将围绕"传统文化如何涵育现代金融价值体系，塑造金融服务实体新优势，构建现 代金融发展新秩序"话题展开圆桌对话。 金融是国民经济的血脉，关系中国式现代化建设全局。积极培育中国特色金融文化，是推动金融高质量 发展、建设金融强国的必然要求。 中国特色金融文化的提出，既吸收了中华文化的精髓，又融合了现代金融的发展规律，又与全球金融文 明成果的部分理念相通，如在风险防控中践行 "居安思危" 的传统智慧，在科技赋能中激活 "革故鼎新" 的文化基因，最终形成既扎根中国土壤、又契合国际规则的金融治理，为全球金融文化建设提供了独具 特色的中国方案。 在中国特色金融文化的实践上，山东具备"走在前 挑大梁"的责任担当。习近平总书记在山东考察时指 出，山东要担负起新时 ...

UniCredit has started reducing its stake in Assicurazioni Generali in recent days as part of the Italian bank’s plan to exit the insurer over time, Repubblica newspaper reported https://t.co/GmqTrSXiBM ...

There was a cyber attack on CNN software, a provider to Brazil's central bank led to the theft of around $140 million on June 30th. I didn't hear anything about it. Attackers excessed uh access reserve accounts of six financial institutions and converted 30 or 40 million into crypto.A CNN employee was paid 2.76% was like million for login credentials. So, I have to tell you that's for the Brazil's central bank and they stole $140 million. I don't know.I believe they have some type of regulation that allows ...

Core Insights - The investment strategy focuses on acquiring strong businesses when they are undervalued, emphasizing the importance of quality and price in investment decisions [1] - The portfolio has evolved over time, transitioning through various industries including telecom, banking, technology, and emerging markets, with a current emphasis on high-quality businesses [1] - The investment philosophy is influenced by notable investors and CEOs, highlighting the value of learning from successful figures in the industry [1] Investment Strategy - The approach prioritizes companies with large user bases and extensive content libraries, recognizing the potential for cross-selling opportunities [1] - Valuation is conducted at the EBIT plus R&D level, reflecting a belief in the significance of certain R&D investments [1] - The investment performance from February 2019 to October 2024 shows an annual return of 11.4% CAGR, which is below the market's 15.18% CAGR, indicating a need for improved future performance [1] Portfolio Management - The strategy aims to minimize portfolio turnover, with a focus on holding existing investments rather than frequent buying and selling [1] - The philosophy rejects traditional "Buy" and "Sell" recommendations, advocating for a "Strong Buy" threshold for exceptional businesses and categorizing others as "Strong Sell" to free up capital for new opportunities [1] - A "Hold" position may be initiated for high-quality businesses if their pricing is not favorable, indicating a flexible approach to investment management [1]