港股开盘，恒指开跌0.38%，科指开跌0.52%。海天味业(03288.HK)上市首日涨3.3%。稳定币概念股活 跃，连连数字(02598.HK)涨10.7%，移卡(09923.HK)涨超9%，众安在线(06060.HK)涨近8%。 ...

6月18日上午，为期两天的2025陆家嘴论坛正式开幕，本届论坛的主题为"全球经济变局中的金融开放合作 与高质量发展"。证监会主席吴清在会上发表主旨演讲，重磅推出进一步深化科创板改革的"1+6"政策措 施，引发市场广泛关注。 当晚，多家券商研究所火线研究分析。多数观点认为，此次证监会深化科创板改革"1+6"政策措施，直指资本 市场支持科技创新的核心痛点。不仅从提升制度的包容性、精准性入手，多角度优化科创企业上市路径，更进 一步搭建多元化融资渠道，全面推动资本市场做好科技金融大文章，支持科技创新和新质生产力发展。 组合拳提升制度包容性 基于吴清的演讲，国泰海通宏观研究团队总结道，我国科技创新正在从点状突破到系统集成推进，技术突破到 市场应用转化，但与之相适配的金融服务体系存在"三个不完善"。一是适应创新规律的资本形成机制不完善。 二是满足科技企业全生命周期金融需求的产品服务体系不完善。三是对创新的激励约束机制不完善。 鉴于此，证监会拟进一步全面深化资本市场改革开放，加力推出进一步深化改革的"1+6"政策措施。其 中，"1"即在科创板设置科创成长层，并且重启未盈利企业适用科创板第五套标准上市；而"6"即在科创板创新 ...

活动伊始，企业代表们参观了上交所投资者教育基地及象征着中国资本市场心脏的交易大厅，近距离感受市场脉搏，体验数字化、沉浸式的投教服务。企 业代表们表示，不仅进一步了解了上交所发展历程，深化了对资本运作环境的理解，更激发了企业借助资本市场实现跨越式发展的信心。 在随后的座谈会上，来自上海证券交易所的专家就近期资本市场新政进行了系统解读，聚焦注册制改革深化、板块定位优化及监管最新动态，为企业明晰 上市路径与合规要求提供了权威指引。 对接资本市场，6月18日，"融无限 创未来"静安区上市培育系列活动在上海证券交易所举办。 本次活动为区内近20家优质拟上市企业搭建与政府、交易所、专业机构的高效沟通桥梁，通过政策解读、实务指导与经验交流，赋能企业把握政策红利、 提升核心竞争力，打造静安营商环境"新高地"。 探访上交所：近距离感受资本脉搏 近年来，区投资办积极对接上海国际金融中心、科技创新中心建设，不断深化科技与金融双向赋能，构建"市区协同、部门联动"的跨层级协作机制和"专 人对接服务、专业辅导上市"的精准培育体系，优化"产投融育"相结合的上市发展生态。 记者：黄小清 编辑：路景斓 来自国浩律师事务所的专家则从企业实战角度 ...

Core Insights - The article highlights the increasing role of technology, such as smart agricultural machinery and drones, in enhancing the efficiency of wheat harvesting during the critical summer harvest season in China [1][20]. Group 1: Technological Advancements in Agriculture - The introduction of smart auxiliary driving systems in harvesting machines has improved operational efficiency and reduced the labor intensity for operators [3][5]. - The "Henan Agricultural Machinery Cloud" platform allows for real-time tracking of machinery and efficient allocation based on operational needs, leading to increased productivity for agricultural cooperatives [9][11]. - The use of drones for emergency lighting during night harvesting has been successfully implemented, showcasing innovative solutions to overcome weather-related challenges [13][20]. Group 2: Impact on Harvesting Efficiency - The deployment of over 800,000 combined harvesters nationwide has resulted in an average daily harvesting area of 80 acres per machine, reflecting a 30% increase in efficiency compared to five years ago [20]. - The integration of technology in agriculture has significantly reduced the time required for wheat harvesting, with some regions decreasing their harvesting period from ten days to seven days [11]. Group 3: Emergency Response and Adaptation - Local agricultural departments have initiated emergency response plans to address adverse weather conditions, ensuring timely harvesting through the use of mobile lighting solutions [14][16]. - The collaboration between agricultural and technical departments has led to innovative methods for nighttime harvesting, ensuring that crops are collected before adverse weather impacts [18][20].

Group 1 - The 8th World Minnan Business Conference was held in Fuzhou, focusing on gathering Minnan business strength and promoting development [1][2] - Over 1,600 representatives from 91 countries and regions attended the conference, discussing future opportunities and development plans [1] - The conference included the announcement of 95 outstanding entrepreneurs awarded the title of "Outstanding Builders of Non-Public Economy in Fujian Province" [1] Group 2 - The conference serves as an important platform for promoting Minnan spirit, enhancing foreign openness, and facilitating investment and project cooperation [2] - A total of 20 cooperation projects were signed during the investment promotion meeting, with a total amount of 24.53 billion yuan, covering industries such as new energy, new materials, and artificial intelligence [2] - The first Overseas and Domestic New Generation Minnan Business Conference was successfully held, and 15 overseas and domestic new generation business associations signed cooperation agreements [2]

Core Viewpoint - The significant discrepancies in the earnings forecast and earnings report of HeDa Technology necessitate regulatory investigation to uncover potential issues related to internal controls and market manipulation [1][4]. Group 1: Earnings Forecast and Adjustments - On January 24, HeDa Technology announced an expected net profit of approximately 5 million to 7 million yuan for 2024, indicating a turnaround from losses [2]. - The company later revised its forecast on March 31, correcting the expected net profit to -563.6 million yuan, a decrease of 1,092.78 million yuan, representing a decline of 206.50% [2]. - The final annual report confirmed the net profit of -563.61 million yuan, consistent with the revised forecast [2]. Group 2: Stock Price Movements - HeDa Technology's stock price rose from 9.72 yuan on January 13 to a peak of 16.16 yuan on March 7, marking a significant increase of 66.26%, which outperformed the Shanghai Composite Index's 9.49% rise during the same period [3]. - Following the earnings correction, the stock price fell to a low of 9.86 yuan by April 9, reflecting a decline of 38.99%, which was substantially greater than the Shanghai Composite Index's 11.58% drop [3]. Group 3: Investor Impact and Regulatory Need - The fluctuations in HeDa Technology's stock price resulted in unintended gains for investors during the initial rise and subsequent losses during the decline, closely tied to the company's earnings announcements [4]. - The potential for market manipulation, insider trading, and information leakage raises concerns that cannot be resolved solely by the company's response, highlighting the necessity for regulatory investigation [4].

Group 1 - The core theme of the 2025 Lujiazui Forum is to promote the sustainable and healthy development of the capital market [1] - The Shanghai Stock Exchange aims to accelerate the construction of a financing system and coordinate the market ecosystem to consolidate the recovery of the market [1] - Key initiatives include maintaining market stability, enhancing internal stability mechanisms, and improving market ecology to boost investor confidence [1] Group 2 - The reform of the Sci-Tech Innovation Board will be deepened to enhance inclusiveness and adaptability, focusing on identifying quality technology enterprises [1] - The implementation of the "Six Merger Guidelines" will strengthen the role of the capital market in mergers and acquisitions, improving the efficiency of restructuring reviews [2] - Efforts will be made to attract long-term capital into the market, enhancing the product system and supporting the construction of a Chinese brand index system [2]

21世纪经济报道 实习生 张长荣 记者 崔文静 北京报道 "将进一步全面深化资本市场改革开放，推动科技 创新和产业创新融合发展迈上新台阶。"中国证监会主席吴清在6月18日召开的2025陆家嘴论坛上表示。 在本次论坛上，吴清宣布多项重磅措施，包括重启未盈利企业适用科创板第五套标准上市及6项科创板 改革措施，在创业板正式启用第三套标准，统筹推进投融资综合改革和投资者权益保护等。 吴清提到，当前，新一轮科技革命和产业变革加速演进。从我国看，科技创新正在从点状突破向系统集 成加快推进，诸多领域都迎来激动人心的"DeepSeek时刻"。 "科技创新、产业创新和资本市场发展相辅相成、相互成就。"吴清表示，一方面，资本市场具有独特的 风险共担、利益共享的激励相容机制。另一方面，资本市场通过对关键要素和资产定价，可以激发企业 家精神和人才创新创造活力，更好服务传统产业升级、新兴产业壮大和未来产业培育。而资本市场在有 力服务科技创新和产业转型升级过程中，也反过来促进了自身结构、效率和投资价值的不断改善。 将推出进一步深化科创板改革的"1+6"政策措施 科技创新的不断推进对加快构建与之相适配的金融服务体系提出了更高要求。 吴清表 ...

科技创新是引领发展的第一动力。从历史视角来看，每一次工业革命都推动了生产力快速提升，同时也 重塑了全球创新版图和经济结构。金融作为实体经济的血脉，对科技创新的发展起到了至关重要的作 用。从实验室到市场，从初创到成长，金融始终作为科技创新背后的隐形推手贯穿于科技企业发展的全 过程。因此，厘清金融推动技术创新以及助力科技企业发展的理论逻辑，对于构建与科技创新相适配的 科技金融体制，完善投早、投小、投长期、投硬科技的支持政策，加快形成同新质生产力更相适应的生 产关系具有重要意义。 金融发展与工业革命 工业革命的爆发依赖于多种因素的共同作用，其中金融发展与创新起到了显著的作用。金融通过支持科 技创新，促进技术转化和应用，推动生产方式和经济形态变革与升级。 早期金融发展和机械化的崛起。18世纪60年代，第一次工业革命在英国率先爆发，这场革命通过机器替 代手工业，建立机械化生产模式，人类社会进入"机器时代"。在这个过程中，英国金融体系的逐步完善 为技术应用和工业化生产提供资本保障。 一是现代商业银行体系的建立。在工业革命之前，银行的业务主要集中在商贸活动和贵金属交易上，随 着工业化进程的推进，银行的业务逐渐扩展至工业投资 ...

Core Viewpoint - The 2025 Lujiazui Forum in Shanghai focuses on "Financial Openness and Cooperation in the Global Economic Landscape," highlighting the importance of AI in transforming the financial industry and supporting Shanghai's development as a global financial center [1][3]. Group 1: Forum and Themes - The forum aims to establish Shanghai as a world-class financial center with global resource allocation and regulatory influence, supporting China's modernization through financial means [3]. - One of the key topics discussed is "AI Empowering Financial Reform and Innovation: Opportunities and Challenges," emphasizing AI's role in financial product innovation, service optimization, and risk management efficiency [3]. Group 2: Company Overview - Qifu Technology, a Shanghai-based fintech company, focuses on leveraging AI for the intelligent transformation of banks, contributing to the local financial center's development [3][4]. - The company has developed a "Super Intelligent Credit Agent" that includes multiple modules for credit decision-making, small business credit assessment, and AI compliance assistance, aiming to enhance financial service efficiency and quality [4]. Group 3: R&D and Innovation - Qifu Technology has invested heavily in R&D, with a team of over a thousand, including hundreds dedicated to AI and finance integration, and has filed 961 patents and over 80 copyrights [4]. - The company is set to establish a new headquarters in Shanghai, integrating its operations and creating a research and production center for fintech innovation [4]. Group 4: Industry Trends - The global financial industry is undergoing significant changes driven by AI technology, with traditional banking models evolving to meet diverse customer needs [4]. - The development of AI large models presents new opportunities for the financial sector, driven by technological, regulatory, and customer demand maturity [5].