证券代码：601688 证券简称：华泰证券 公告编号：临 2025-026 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 董事会收到非执行董事刘长春先生的书面辞职报告。因工作调动原因， 刘长春先生提请辞去公司第六届董事会非执行董事和董事会发展战 略委员会委员职务。刘长春董事的离任不会导致公司董事会成员低于 法定人数。 刘长春董事离任的基本情况如下： | 是否继续 | 是否存 | | --- | --- | | 在上市公 | 在未履 | 姓名 离任职务 离任时间 离任原因 司及其控 行完毕 股子公司 的公开 任职 承诺 非执行董 2025 年 6 月 2025 年 12 月 工作调动 否 否 审议通过了《关于选举公司第六届董事会成员（非独立董事）的议案》 选举晋永甫先生为公司第六届董事会非执行董事,选举王莹女士为公 司第六届董事会执行董事。 根据公司《章程》规定，自本次股东大会选举通过之日起，晋永 甫先生将接替刘长春先生履行公司第六届董事会非执行董事职责，王 莹女士将正式履行公司第六届董事会执行董事职责，任期均至本届董 事会任 ...

证券代码：600369 证券简称：西南证券 公告编号：临 2025-023 西南证券股份有限公司 第十届董事会第十七次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 本次会议以记名投票方式审议以下议案： 一、关于增补公司第十届董事会战略与 ESG 委员会委员的议案 同意增补龚先念先生（简历附后）为公司第十届董事会战略与 ESG 委员会 委员，任期自本次董事会审议通过之日起至本届董事会届满之日止。 表决结果： 9 票同意， 0 票反对， 0 票弃权，审议通过该议案。 二、关于修订公司员工薪酬管理办法的议案 同意修订《西南证券股份有限公司员工薪酬管理办法》，并更名为《西南证 券股份有限公司员工薪酬管理规定》。 西南证券股份有限公司（以下简称公司）第十届董事会第十七次会议于 2025 年 6 月 12 日以电子邮件方式发出会议通知和相关材料，于 2025 年 6 月 16 日发 出会议补充通知和相关材料，于 2025 年 6 月 20 日在公司总部大楼以现场和视频 方式召开。本次会议应出席董事 9 人，实际出席董事 9 ...

Core Viewpoint - The bond market is showing a strong consolidation trend, with expectations of continued loose monetary policy from the central bank to counter potential external demand pressures [1][7]. Market Performance - Government bond futures closed higher across the board, with the 30-year main contract up by 0.21%, and the 10-year main contract up by 0.02% [2]. - The yields on major interbank bonds mostly declined, with the 10-year government bond yield down by 0.15 basis points to 1.639% [2]. - The China Securities convertible bond index closed down by 0.01%, with a trading volume of 573.28 billion [2]. Overseas Bond Market - In North America, U.S. Treasury yields rose collectively, with the 10-year yield increasing by 1.58 basis points to 4.393% [3]. - In Asia, Japanese bond yields mostly declined, with the 10-year yield down by 1.4 basis points to 1.399% [4]. - In the Eurozone, bond yields generally increased, with the 10-year UK bond yield rising by 3.6 basis points to 4.529% [4]. Primary Market - Shenzhen's local bonds saw high bidding multiples, with the 2-year bond "Shenzhen 2532" having a bid-to-cover ratio of 16.59 [5]. - The 15-year bond "Shenzhen 2533" had a bid-to-cover ratio of 15.27, indicating strong demand [5]. Liquidity and Interest Rates - The LPR remained stable, with the 1-year LPR at 3% and the 5-year LPR at 3.5% [6]. - The central bank conducted a 7-day reverse repurchase operation with a total of 1612 billion, resulting in a net withdrawal of 413 billion for the day [6]. - Short-term Shibor rates mostly increased, with the overnight rate up by 0.1 basis points to 1.368% [6]. Investment Strategy Insights - The bond market is expected to challenge previous lows, with social financing growth projected to peak around 9.0% in July and August before gradually declining [8]. - The central bank's liquidity support has led to a stable funding environment, suggesting that long-term bond yields may have room to decline [8].

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新华财经北京6月20日电（记者闫鹏）中国证监会18日发布《关于在科创板设置科创成长层增强制度包 容性适应性的意见》，其中提出丰富科创板指数及ETF品类，将科创板ETF纳入基金投顾配置范围，促 进更多中长期资金向发展新质生产力集聚。 业内人士认为，此举有助于打通服务科技创新企业与居民财富管理之间的桥梁，是健全投资和融资相协 调的市场功能具体体现。基金投顾产品可基于科创板ETF构建更灵活和丰富的策略组合，为投资者提供 更适配其特点和需求的组合投资服务。 引导居民财富奔赴"新"高地 据中证指数官网，截至6月18日，沪市科创板ETF总数78只，产品总规模近2500亿元。科创板已成为A股 指数化投资比例最高的板块，已形成覆盖宽基、行业主题及策略等类型的全方位多层次科创板指数以及 ETF产品生态。 其中，科创板宽基ETF投资标的已覆盖科创50、科创100、科创200、科创综指，形成完整的科创宽基 ETF产品链，能充分满足投资者对科创板大盘、中盘、小盘、综合的投资需求。同时，科创板人工智 能、新能源、芯片设计、半导体材料设备、创新药等新质生产力关键领域的ETF也在持续丰富。 "科创板ETF的纳入拉开了基金投顾组合直接投资E ...

6月18日，国家网络安全通报中心发布消息称，经国家计算机病毒应急处理中心检测，发现64款移动应 用存在违法违规收集使用个人信息的情况。其中，有7家金融机构的APP在列，分别是诚通证券、兴业 证券、申港证券、五矿证券等4家券商，龙江银行、乌海银行和海峡银行等3家银行。 64款移动应用违规被通报，5种行为是"重灾区" 上述被点名的64款移动应用，共涉及13项违规行为，其中有5种行为是"重灾区"：一是在App首次运行 时未通过弹窗等明显方式提示用户阅读隐私政策等收集使用规则；个人信息处理者在处理个人信息前， 未以显著方式、清晰易懂的语言真实、准确、完整地向个人告知个人信息处理者的名称或者姓名、联系 方式、个人信息的保存期限等。涉及星巴克、古茗、太平洋咖啡等10款移动应用。 二是隐私政策未逐一列出App（包括委托的第三方或嵌入的第三方代码、插件）收集使用个人信息的目 的、方式、范围等。涉及龙江银行、申港证券等25款应用。 三是个人信息处理者向其他个人信息处理者提供其处理的个人信息的，未向个人告知接收方的名称或者 姓名、联系方式、处理目的、处理方式和个人信息的种类，并取得个人的单独同意。涉及诚通证券、海 峡银行、兴业证 ...

证券代码：002500 证券简称：山西证券 公告编号：临2025-016 山西证券股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 山西证券股份有限公司（以下简称"公司""本公司" 【注：根据先进先出的原则，以投资者证券账户为单位计算持股 期限，持股 1 个月（含 1 个月）以内，每 10 股补缴税款 0.1 元；持 股 1 个月以上至 1 年（含 1 年）的，每 10 股补缴税款 0.05 元；持股 超过 1 年的，不需补缴税款。】 ）2024 年 度权益分派方案已经 2025 年 5 月 20 日召开的 2024 年度股东大会审 议通过，现将权益分派事宜公告如下： 一、股东大会审议通过利润分配方案等情况 以 2024 年 12 月 31 日总股本 3,589,771,547 股为基数，向全体股东 每 10 股派发现金红利 0.5 元（含税）， 共派发现金红利 179,488,577.35 元（含税）,不送红股，不以公积金转增股本。 额未发生变化；若公司股本总额在本次权益分派实施前发生变化，将 按照现金分红总额固定不变原则，以分红派息股权登记日的 ...

Core Viewpoint - The decline in deposit interest rates has led to a significant "deposit migration" phenomenon, with non-bank deposits experiencing substantial growth as investors seek better returns in alternative financial products [1][2][3]. Group 1: Deposit Trends - As of the end of May, the balance of RMB deposits reached 316.96 trillion yuan, a year-on-year increase of 8.1%, with nearly 2.2 trillion yuan added in the month, which is 500 billion yuan more than the same period last year [2]. - Non-bank deposits increased by nearly 1.2 trillion yuan in May, marking a year-on-year increase of 300 billion yuan, the highest for the same period in nearly a decade [2]. - The cumulative increase in non-bank deposits this year has reached 3.07 trillion yuan, up 680 billion yuan year-on-year [2]. Group 2: Interest Rate Changes - Major state-owned banks initiated a significant reduction in deposit interest rates starting May 20, marking the first large-scale adjustment since 2025 and the seventh rate cut since October 2024 [3]. - The average interest rates for various deposit terms have fallen below 1% for short-term deposits, with the average rates for 3-year and 5-year deposits also entering the "1 era" [3]. - The average interest rates for 3-month, 6-month, 1-year, 2-year, 3-year, and 5-year deposits were reported as 1.004%, 1.212%, 1.339%, 1.428%, 1.711%, and 1.573% respectively, with significant declines observed across all terms [2]. Group 3: Factors Driving Deposit Migration - The reduction in deposit interest rates has diminished the attractiveness of bank deposits, prompting a shift towards non-bank financial products that offer relatively higher returns [1][3]. - The improvement of self-regulatory mechanisms for non-bank deposits and the ongoing regulation of wealth management products have accelerated the transfer of funds to the wealth management market [1]. - The "deposit migration" trend has been evident since last year, with two phases: the first phase involved a shift to wealth management and funds due to rising bond yields, while the second phase saw funds moving into the stock market as it began to recover [4][5]. Group 4: Impact on Financial Products - The decline in deposit rates has led to increased attractiveness of public fund products, money market funds, and insurance products, resulting in a significant shift of deposits into these financial products [5][6]. - The scale of bank wealth management has continued to grow, with a reported increase of 340 billion yuan in May, reaching 31.6 trillion yuan, further evidencing the "deposit migration" effect [6]. - Analysts suggest that the current trend of "deposit migration" may not yet be over, with expectations of continued investment in the bond market as non-bank institutions actively purchase bonds [6].

Group 1: Key Points from the Forum - The 19th Lujiazui Forum highlighted the importance of global financial governance, high-level financial openness, and the integration of capital markets with technological and industrial innovation [1] - The People's Bank of China announced eight policy measures to be implemented in Shanghai, aimed at enhancing the international status of the RMB and leveraging technology for financial innovation [1] - The financial regulatory authorities expressed a commitment to adapting to changes in the global economic and financial order, promoting a more inclusive international monetary and financial system [1] Group 2: Financial Regulatory Insights - The head of the Financial Regulatory Bureau emphasized the inevitability of economic globalization and the necessity of expanding financial openness, particularly in sectors like consumer finance, technology finance, and green finance [2] - A joint action plan to support the construction of Shanghai as an international financial center was released, which is expected to elevate the city's financial status [2] Group 3: Capital Market Developments - The Chairman of the Securities Regulatory Commission proposed enhancing the capital market's role in addressing the shortcomings of the current financial service system in supporting technological innovation and industrial transformation [3] - Key reforms include the introduction of the "1+6" reform measures for the Sci-Tech Innovation Board and the activation of a third set of standards for the Growth Enterprise Market, aimed at supporting high-quality, unprofitable innovative companies [3] Group 4: Foreign Exchange Management Initiatives - The head of the Foreign Exchange Administration indicated a commitment to deepening reforms in the foreign exchange sector, aiming to create a more convenient, open, secure, and intelligent foreign exchange management system [4] - Proposed measures include facilitating cross-border investment and financing, as well as implementing a package of foreign exchange innovation policies in pilot free trade zones [4]

Core Viewpoint - The company has received a no-objection letter from the Shanghai Stock Exchange regarding the non-public issuance of corporate bonds, confirming that the issuance meets the conditions for listing and transfer [1] Group 1 - The company plans to issue corporate bonds totaling no more than 2 billion yuan, aimed at professional investors [1] - The no-objection letter is valid for 12 months from the date of issuance, allowing the company to issue the bonds in installments within the specified limit [1] - The company is required to complete the bond listing and transfer procedures in a timely manner [1]