非制造业商务活动指数继续保持扩张 国家统计局服务业调查中心高级统计师赵庆河指出，受外部环境急剧变化等因素影响，4月份制造业采 购经理指数有所回落，但高技术制造业等相关行业继续保持扩张，以内销为主的制造业企业生产经营总 体稳定。总体看，综合PMI产出指数自2023年1月以来始终位于临界点以上，我国经济总体产出持续扩 张，长期向好的基本面没有改变。 赵庆河表示，从全球范围看，贸易战、关税战没有赢家，受贸易环境不确定性增大影响，主要经济体制 造业景气度普遍位于收缩区间。下阶段，要统筹国内经济工作和国际经贸斗争，着力稳就业、稳企业、 稳市场、稳预期，以高质量发展的确定性应对外部环境急剧变化的不确定性。 制造业采购经理指数有所回落 从13个分项指数来看，同上月相比，4月份生产指数、新订单指数、新出口订单指数积压订单指数、产 成品库存指数、采购量指数、进口指数、购进价格指数、出厂价格指数、原材料库存指数、从业人员指 数、供应商配送时间指数和生产经营活动预期指数均下降，指数降幅在0.1至5.5个百分点之间。 物流与采购联合会特约分析师张立群认为，4月份PMI出现明显回落，且回到荣枯线之下，表明经济底 部回升态势仍有较大不稳 ...

Group 1 - The central political bureau meeting emphasized the need for a stable and active capital market, leading insurance companies to plan for increased equity asset allocation [1] - Since the approval of the second batch of long-term stock investment trials by the financial regulatory authority, the scale has reached over 100 billion, with more insurance institutions looking to participate [1][2] - Insurance funds are increasingly focusing on core A-share assets, particularly those close to the Shanghai Stock Exchange 50 Index, while also paying attention to sectors like banking, transportation, public utilities, telecommunications, and pharmaceuticals [1][3] Group 2 - In the first quarter, insurance funds increased their holdings in sectors such as pharmaceuticals, steel, home appliances, and defense, indicating a shift in investment strategy [2] - Insurance institutions maintain an optimistic outlook for the market, with a focus on stable dividend strategies and a continued emphasis on the pharmaceutical sector due to its favorable mid-term performance [3] - The expected influx of several hundred billion yuan in new capital into the market is driven by the need for insurance funds to seek absolute returns in a low-interest-rate environment [3][4] Group 3 - Regulatory measures to raise the equity allocation limits for insurance companies reflect a commitment to stabilize the market and boost confidence [4] - The current environment of low interest rates and asset scarcity makes high-dividend stocks a necessary choice for insurance companies, positioning them as a key focus for future equity allocations [4]

Group 1 - The core viewpoint emphasizes that artificial intelligence applications are becoming a crucial engine for accelerating the construction of a digital China, with this year being marked as the year of large-scale AI application [1][2] - Over a hundred AI intelligent robots showcased at the Digital China Construction Summit, covering various scenarios from home services to industrial manufacturing and urban management [1] - The chairman of China Telecom highlighted the significant reduction in computational and algorithmic barriers due to new open-source AI technologies, which promotes the accelerated popularization of large model applications [1] Group 2 - China Unicom's chairman stated the importance of strengthening AI foundational innovation, having developed over 40 industry-specific large models that significantly empower economic operations and urban governance [2] - The need for an open and win-win cooperation framework is essential for promoting the construction of a digital China, with key drivers including accessible computing power, open-source models, and data flow [2] - The chairman of China Telecom called for greater collaboration across industries to foster deeper and broader levels of open cooperation in AI innovation and development [2]

Group 1 - Hong Kong's telecommunications industry is transitioning from 3G to 5G, with China Mobile Hong Kong announcing the termination of 3G services effective June 30, 2023, due to a significant decline in 3G users [1] - As of March 2023, less than 0.25% of China Mobile Hong Kong's total mobile communication customers were using 3G services, prompting the decision to focus resources on 5G and advanced network technologies [1] - The Hong Kong Communications Authority has approved the termination, considering the low percentage of affected customers and the support services provided by China Mobile Hong Kong for the transition [1] Group 2 - The number of 3G users in Hong Kong decreased by 69.3% year-on-year, with only 203,000 users remaining as of December 2022, while 4G users increased by 14.3% to 19.7 million, and 5G users rose by 22% to 8 million [1] - The 4G network was launched in Hong Kong in 2012, with adoption rates exceeding 75% only in 2017 and 2018, highlighting a significant gap in technology adoption [2] - 5G offers substantial improvements over 4G in terms of transmission speed, responsiveness, and connectivity, enabling the Internet of Things [2]

2024年度现金分红总额前10名 2024年度股息率前10名 截至日期：4月29日21时 数据来源：Wind 高志刚 制表 郭晨凯 制图 ◎记者 高志刚 在新"国九条"等政策引导下，A股市场已形成常态化分红机制，2024年度现金分红规模再次创出历史新 高。 Wind数据显示，截至4月29日21时，共有5304家A股上市公司发布2024年年报，其中3600余家披露现金 分红方案，占已发布年报公司总数的近七成，年度现金分红合计金额高达2.3万亿元（含当年季报、半 年报、年报现金分红，下同），这一数字不仅刷新历史纪录，更实现连续三年站上2万亿元关口。 从企业类型看，央企、地方国企、民企"同台共舞"，通过提升分红金额和比例，积极回馈股东。大盘蓝 筹公司更是常年保持超百亿元分红，成为A股市场现金分红的"中流砥柱"。 | 公司简称 | 2024年度累计 分红总额(亿元) | 公司简称 | 2024年度 股息率(%) | | --- | --- | --- | --- | | 工商银行 | 1097.73 | 美盈衰 | 16.13 | | 中国移动 | 1007.89 | 东方雨虹 | 13.81 | | 建设银行 | ...

4月29日，汇添富沪港深新价值股票（001685）下跌0.10%，最新净值1.01元，连续4个交易日下跌，区 间累计跌幅0.78%。 本文源自：金融界 据了解，汇添富沪港深新价值股票成立于2016年7月，基金规模1.36亿元，成立来累计收益率1.30%。从 持有人结构来看，截至2024年末，汇添富沪港深新价值股票的基金机构持有0.01亿份，占总份额的 0.40%，个人投资者持有1.32亿份，占总份额的99.60%。 作者：基金君 截止2025年3月31日，汇添富沪港深新价值股票前十持仓占比合计61.49%，分别为：腾讯控股 （9.35%）、阿里巴巴-W（9.33%）、汇丰控股（8.54%）、中国移动（8.50%）、中芯国际 （6.64%）、工商银行（4.50%）、中国银行（4.44%）、中国电信（3.95%）、紫金矿业（3.83%）、招 金矿业（2.41%）。 公开信息显示，现任基金经理王志华先生:中国香港,硕士学位。1993年3月至1994年2月任宝安集团中南 证券深圳业务部调研部经理;1994年3月至1996年12月任君安证券公司证券投资部总经理助理;1999年3月 至2007年9月任华夏基金管理公司研究 ...

Core Viewpoint - The collaboration between Xinhua Insurance and China Life to establish a new private equity fund of 20 billion yuan reflects a strategic move to enhance long-term investment in the stock market, aligning with national policies to promote the entry of long-term capital into the market [1][3][4]. Group 1: Fund Establishment - Xinhua Insurance and China Life will each invest 10 billion yuan to set up the Honghu Zhiyuan Phase II Fund, with a total fund size of 20 billion yuan [1][3]. - The fund will primarily invest in large listed companies that are constituents of the CSI A500 index, focusing on A+H shares [3][4]. - The fund's investment strategy emphasizes long-term holding and stable dividend returns, aiming for capital preservation and appreciation [3][4]. Group 2: Previous Fund Performance - The previously established Honghu Zhiyuan Fund, with a total size of 50 billion yuan, has successfully invested in companies such as Shaanxi Coal and China Telecom, achieving returns that are lower in risk and higher than benchmarks [5][6]. - As of the first quarter of 2025, the Honghu Zhiyuan Fund held significant stakes in Shaanxi Coal (1.16 billion shares), China Telecom (76.17 million shares), and Yili Group (153 million shares), with respective market values of 2.305 billion yuan, 5.980 billion yuan, and 4.290 billion yuan [5][6]. Group 3: Regulatory Environment - The establishment of the new fund aligns with the national initiative to encourage long-term capital investment in the stock market, as outlined in the implementation plan issued by six ministries in January 2024 [6][7]. - The approval of the second batch of long-term investment pilot programs by the National Financial Regulatory Administration has expanded the scale of insurance capital investment to 162 billion yuan, involving eight insurance companies [7].

证券代码：601728 证券简称：中国电信 公告编号：2025-017 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。 重要内容提示： ● 股东大会召开日期：2025年5月21日 ● 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票系统 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024年年度股东大会、2025年第一次A股类别股东会和2025年第一次H股类别股东会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的方式 (四) 现场会议召开的日期、时间和地点 召开的日期时间：2025年5月21日 上午10点整 召开地点：香港金钟道88号太古广场香港JW万豪酒店三楼宴会厅 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大会召开当日的交易时间 段，即9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平台的 ...

Group 1 - The core viewpoint of the news is that insurance capital is actively entering the market, with New China Life Insurance planning to invest up to 10 billion yuan in a private fund initiated by Guofeng Xinghua [1][3][4] - The private fund, tentatively named "Honghu Zhiyuan Phase II," has a total scale of 20 billion yuan, with both New China Life and China Life Insurance each contributing 10 billion yuan [3][4] - The investment strategy of the fund focuses on long-term investment, aiming for stable dividend income and capital appreciation through low-frequency trading and long-term holding [3][4] Group 2 - The fund will invest in large listed companies that are part of the CSI A500 index, specifically targeting A+H shares that meet certain criteria [3][4] - New China Life's investment aligns with national policies promoting long-term capital market participation and reflects the company's strategic direction towards long-term, value, and prudent investments [4] - The Honghu Fund, a previous initiative by New China Life and China Life, has successfully invested 50 billion yuan and achieved performance exceeding benchmarks, indicating a positive trend in insurance capital investments [4] Group 3 - The Honghu Fund has increased its holdings in Shaanxi Coal and maintained its position in China Telecom, becoming a significant shareholder in both companies [5][6] - As of the first quarter of 2025, the Honghu Fund held 116.34 million shares of Shaanxi Coal, with a market value of 2.30 billion yuan, despite a decline in stock price [5] - The fund also holds 76.17 million shares of China Telecom, with a market value of 5.98 billion yuan, reflecting a stable investment strategy amidst market fluctuations [6]

险资入市又有了新进展。 4月29日晚，新华保险公告称，公司拟出资不超过100亿元认购由国丰兴华（北京）私募基金管理有限公司发起 设立的私募基金的份额。该基金成立规模为200亿元，新华保险与中国人寿拟各出资100亿元认购私募基金份 额。 公告显示，该基金投资范围为中证A500指数成份股中符合条件的大型上市公司A+H股。 据了解，该私募基金的名称暂定为国丰兴华鸿鹄志远二期私募证券投资基金（简称"鸿鹄志远二期"），由国丰 兴华发起设立。鸿鹄志远二期存续期限为10年，私募基金贯彻长期投资理念，通过低频交易、长期持有的方式 以获得稳健股息收益。 鸿鹄志远二期的规模为200亿元，新华保险与中国人寿拟各出资100亿元认购私募基金份额。基金投资范围为， 中证A500指数成 份 股中符合条件的大型上市公司A+H股。 据新华保险公告，鸿鹄志远二期的投资标的应当公司治理良好、经营运作稳健、股息相对稳定、股票流动性相 对较好，与保险资金长期投资需求相适应。 新华保险表示，本次投资事项符合国家推动中长期资金入市的相关政策，以及未来本公司整体战略发展方向。 本公司坚持长期投资、价值投资和稳健投资的理念，积极发挥好长期资本、耐心资本、高能 ...