金十数据5月27日讯，野村证券全球市场研究分析师表示，美元/日元的看跌立场在6月份看来仍是有效 的。分析师们在一份报告中说，美国以国家安全为由征收额外行业关税的可能性仍然很高，这意味着美 元买盘将继续面临挑战。强势美元削弱了美国出口产品在海外的竞争力。此外，分析人士说，虽然美国 和欧盟达成了推迟关税上调的协议，但美国和欧盟之间的紧张关系仍在继续。分析师补充说，关税对欧 元区经济产生负面影响的担忧可能会导致投资者在抛售美元时青睐日元。 野村证券：美/日的看跌形态可能会持续至6月 ...

Group 1 - The first batch of 26 new floating rate funds has been launched, with 16 funds available for subscription today, indicating strong regulatory support for innovation in the public fund sector [1] - The rapid approval and issuance of these funds, with only one trading day between approval and launch, reflects a streamlined regulatory process aimed at enhancing market liquidity [1] - Investors can subscribe through various channels, which is expected to attract more capital into the fund management industry, positively impacting related sectors [1] Group 2 - China Merchants Securities has appointed two "post-70s" executives as vice presidents, showcasing the company's internal talent development capabilities [2] - The new vice presidents, Zhang Xing and Wang Zhijian, bring extensive experience in compliance risk management and investment banking, respectively, which may enhance the company's operational efficiency [2] - Frequent changes in senior management may raise short-term concerns about company stability, but the professional backgrounds of the new appointees are likely to bolster investor confidence in the long run [2] Group 3 - Western Securities is actively pursuing the acquisition of controlling stakes in Guorong Securities, indicating its intent to expand within the securities industry [3] - The acquisition process is currently under regulatory review, and the progress of this review will be a focal point for market observers, potentially affecting investor expectations regarding the company's future performance [3] Group 4 - Oriental Red Asset Management has announced a self-purchase of 10 million yuan in its floating rate fund, demonstrating confidence in its product and reinforcing the alignment of interests between fund managers and investors [4] - This self-purchase initiative is expected to enhance market trust in fund managers and could lead to increased capital inflows into related sectors, positively influencing overall market sentiment [4]

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以下文章来源于朝阳永续 ，作者Go-Goal 朝阳永续 . 走在中国行业前沿的大数据服务商，秉持专业、前瞻、实务的理念，让数据更有价值！ 2025年二季度以来，全球投资环境在变局交织中呈现"东升西降"的格局。国际看，关税政策叠加地缘博弈下，AI技术的突破加速着全球产业链重 构；国内看，高频政策发力与科技深化的双轮驱动，让部分代表未来的新兴主题成为焦点。2025年即将过半之际，我们的投资如何乘上科技浪 潮、如何把握科技风口？ 五月天、小满后， 由 朝阳永续 联合 博时基金 主办的的 「 王者小二俱乐部 全国巡回投顾沙龙 」 2025年首站来到了钱塘江畔的"东南第一州 "杭 州，以" 风起科技浪，风口此中藏 " 为主题，与来自全国各地的优秀投资顾问和基金经理们一起，共同探讨科技浪潮下的后市投研机会。 本次杭州沙龙获得了合作伙伴 博时基金 的鼎力支持， 同时感谢 广发证券、 中国银河证券、方正证券、财通证券、长江证券、中泰证券、国泰海 通证券、国元证券 等近30家券商机构的热情参与！ 资产多元化： 博时的产品线覆盖A股、港股、美股、债券、黄金、REITs及比特币ETF等全品类资产，构建"多资产、全谱系、低相关"配置 ...

Group 1 - The global economic situation in 2025 is complex, with significant challenges and opportunities in the financial sector, including a notable increase in global economic volatility and a restructuring of international trade order [2] - The domestic economy is undergoing important adjustments, with a focus on stabilizing internal demand and managing the transition between old and new growth drivers, while preventing overheating in emerging industries and capacity excess [2] - Financial risks in areas such as the real estate market, local government debt, and small financial institutions remain key areas of concern [2] Group 2 - The 2025 "Excellent Financial Award" aims to comprehensively review the development of the financial system across various sectors, including banking, insurance, securities, and fintech, leveraging the influence of mainstream financial media [3] - The evaluation process will follow principles of independence, objectivity, and scientific rigor, ensuring fairness and social value through multiple layers of assessment, including market indicators and expert reviews [3][4] - Award categories include various segments such as annual bank awards, insurance company awards, and fintech awards, reflecting a wide range of financial services [4] Group 3 - Evaluation dimensions include policy responsiveness to financial supply-side structural reforms, industry leadership in financial metrics, innovation in financial technology, and support for the real economy, particularly in promoting inclusive finance for small and micro enterprises [4]

Core Viewpoint - Guosheng Securities predicts that the yield on China's 10-year government bonds is expected to decline to a range of 1.4% to 1.5% within the year due to stronger demand for fixed income assets compared to supply [1] Group 1 - Guosheng Securities' chief fixed income analyst Yang Yewei indicates that the demand for fixed income assets in China will exceed supply in the coming months [1] - This trend, if strong, will drive interest rates further down [1] - The anticipated decline in the 10-year government bond yield reflects broader market conditions [1]

Group 1 - The Tianhong Credit Bond ETF (159398) experienced a slight increase of 0.03% as of May 26, with a net inflow of over 900 million yuan in the past week [1] - The latest circulating scale of the Tianhong Credit Bond ETF reached a historical high of 5.267 billion yuan [1] - The People's Bank of China conducted a reverse repurchase operation of 382 billion yuan at a fixed rate of 1.4% on May 26, with a net injection of 247 billion yuan [1] Group 2 - The liquidity in the market remains stable, supported by the central bank's operations, despite seasonal pressures and the need for banks to manage liabilities [2] - Credit bonds are expected to perform strongly, with credit spreads narrowing across all maturities, indicating a potential trend of "deposit migration" [2] - The strategy suggests focusing on short to medium-term credit opportunities, as the market lacks a clear mainline direction [2]

经深圳证券交易所确认，根据国联安基金管理有限公司（以下简称"本公司"）与东方证券股份有限公司 （以下简称"东方证券"）签署的申购、赎回业务代理协议，本公司决定自2025年5月26日起增加东方证 券为国联安中证全指证券公司交易型开放式指数证券投资基金（场内简称：证券ETF基金，二级市场交 易代码：159848，一级市场申购、赎回代码：159848）、国联安中证消费50交易型开放式指数证券投资 基金（场内简称：消费ETF基金，二级市场交易代码：159670，一级市场申购、赎回代码：159670）、 国联安创业板科技交易型开放式指数证券投资基金（场内简称：创科技ETF基金，二级市场交易代码： 159777，一级市场申购、赎回代码：159777）、国联安国证ESG300交易型开放式指数证券投资基金 （场内简称：ESG300ETF，二级市场交易代码：159653，一级市场申购、赎回代码：159653）的申购 赎回代办券商。 投资者可通过以下途径咨询有关详情： 1、东方证券股份有限公司： 客户服务电话：95503 网址：www.dfzq.com.cn 2、国联安基金管理有限公司： 客户服务电话：021-38784766， ...

根据《深圳证券交易所证券投资基金业务指引第2号一一流动性服务》等有关规定，自2025年5月21日 起，本公司将下列证券投资基金的主流动性服务商调整为一般流动性服务商： 1、南方中证科创创业50交易型开放式指数证券投资基金(159780)： 广发证券股份有限公司 特此公告。 南方基金管理股份有限公司 2025年5月26日 南方基金管理股份有限公司关于以通讯方式 召开南方浩升稳健优选6个月持有期混合型 基金中基金（FOF）基金份额持有人大会的公告 一、召开会议基本情况 本次大会的权益登记日为2025年5月26日，权益登记日当天下午交易时间结束后，在登记机构登记在册 的本基金全体基金份额持有人均有权参加本次基金份额持有人大会并投票表决（注：权益登记日当天申 请申购的基金份额不享有本次会议表决权，权益登记日当天申请赎回的基金份额享有本次会议表决 权）。 南方基金管理股份有限公司（以下简称"基金管理人"）依据中国证监会2022年8月19日证监许可 [2022]1895号文注册募集的南方浩升稳健优选6个月持有期混合型基金中基金（FOF）（以下简称"本基 金"）于2023年5月18日成立。 根据《中华人民共和国证券投资基金 ...

Core Viewpoint - The recent reduction in deposit interest rates by banks has led to a corresponding drop in the margin interest rates for brokerage clients, now reaching a historical low of 0.05%, aligning with the benchmark rate for bank demand deposits [1][2]. Group 1: Interest Rate Changes - Major brokerages such as GF Securities and Minsheng Securities have announced a uniform adjustment of the annual interest rate for client RMB margin accounts to 0.05% [1]. - The interest rate for margin accounts has seen multiple reductions, from 0.25% in September 2022 to 0.1% in January 2023, and finally to 0.05% in May 2024 [2]. - The reduction in margin interest rates is closely linked to the trend of bank interest rate cuts, following a "bank rate cut → brokerage follow-up" logic [2]. Group 2: Financial Impact - With the margin interest rate dropping from 0.1% to 0.05%, brokerages could reduce their annual interest expenses by approximately 150 million yuan, assuming a margin fund scale of 300 billion yuan [2]. - The total balance of client transaction settlement funds across 150 securities firms reached 2.58 trillion yuan by the end of 2024, a significant increase of over 46% compared to 1.76 trillion yuan in 2023 [2]. Group 3: Investment Strategies - In response to low interest rates, investors are encouraged to diversify their asset allocation, utilizing various financial tools available within brokerage ecosystems [3]. - Brokerage clients can consider money market funds and cash management products for liquidity reserves, allowing for easy transactions without affecting stock trading [3]. - Some brokerages offer margin wealth management products that automatically transfer idle funds into higher-yielding investments overnight, enhancing returns compared to standard demand deposit rates [4].