转自：新华财经 新华财经香港5月28日电（记者林迎楠）香港投资管理有限公司总裁陈家齐日前在国际耐心资本论坛上 表示，港投公司目前已投资超过100个项目，其中5到10家相关企业已经有在港交所IPO的计划。 耐心资本为科创企业发展提供资金支持、产业对接、融资服务，"陪伴式"服务提供了有效支撑，业内专 家普遍认为，香港作为境内外耐心资本的重要纽带，为内地科创企业与国际耐心资本搭建了合作平台， 提供直接融资的渠道。 国际耐心资本汇聚香港聚焦创科企业 香港经济学家、丝路智谷研究院院长梁海明指出，耐心资本为初创企业提供长期资金支持，帮助其专注 技术研发和业务拓展，而不被短期收益压力干扰，同时还能带来行业经验和资源，助力企业成长。 刚刚结束的国际耐心资本论坛上，全球80家耐心资本机构汇聚香港，总资产管理规模达20万亿美元，所 涉及地区共占全球本地生产总值超过50%。这些耐心资本机构分别来自欧洲、美国、澳大利亚、日本， 以及包括中东和东南亚在内的全球南方市场，涵盖主权基金、退休基金、大学基金、家族办公室、企业 创投机构等。 为更好地利用香港财政储备促进本地产业和经济的发展，香港特区政府2022年成立香港投资管理有限公 司，管 ...

活动现场，渝港两地共有7个项目集中签约，涵盖政府与企业两个层面，包括重庆渝中区、江北区、南 岸区相关部门与香港相关机构签约，共同推动企业赴港上市、跨境融资合作、绿色金融发展，助力重庆 西部金融中心建设。(完) 中新网重庆5月22日电(记者刘相琳)"香港通道·连接全球"渝港现代服务业合作专题活动22日在重庆举 行。渝港两地政府部门及相关企业，围绕现代服务业，签订7个合作项目。 （文章来源：中国新闻网） 此次活动由香港特别行政区政府商务及经济发展局、香港贸易发展局主办，活动旨在发挥香港所长，结 合重庆所需，重点围绕两地在生产性服务业的合作，助推香港现代服务业与重庆产业深度融合，加快发 展新质生产力，实现高质量合作共赢。 重庆市发展改革委副主任凌健表示，香港作为国际金融、贸易、航运中心和科技创新枢纽，凭借开放的 经济体系、健全的法律制度、优越的地理位置，形成了高度发达的现代服务业体系。推动香港的生产性 服务业与重庆的先进制造业和现代服务业有机融合，加强科创、经贸、金融、物流、商务会展等领域合 作，必将释放经济增长新动能，共创辉煌未来。 港区全国人大代表、粤港澳大湾区上市公司联合会监事长兼独董委员会主席林至颖接受记者 ...

Core Viewpoint - The market has rebounded to the level of 3400, returning to the position seen in March, following a 10% adjustment over two months, indicating a potential recovery in investor sentiment and market dynamics [1][3]. Group 1: Market Performance - The banking, brokerage, and insurance sectors have surged, contributing to a significant increase in the index, which has now surpassed 3400 [3][9]. - The banking index has reached a historical high, with a total market capitalization exceeding 10 trillion, representing over 10% of the total market capitalization of the CSI All Share Index, which stands at 99 trillion [9]. Group 2: Fund Management Regulations - New regulations for public funds are expected to tie performance assessments to benchmarks and investor profitability, prompting a shift in investment strategies [3][4]. - Most public funds benchmark against the CSI 300 index, leading to a potential increase in buying activity in the index's constituent sectors, particularly in banking and finance [4][5]. Group 3: Investment Strategies - The anticipation of new regulations has led to a tactical shift in fund managers' strategies, with early buying seen as advantageous for cost efficiency [4][6]. - High-profile institutions, including Goldman Sachs, have noted that the financial sector is experiencing a rise due to the new public fund management guidelines, with significant reallocations observed since the announcement on May 7 [7][10]. Group 4: Market Sentiment and Future Outlook - The current market behavior is characterized as a short-term tactical repositioning rather than a fundamental improvement in the market [11][12]. - The expectation is that public funds will increasingly invest in CSI 300 constituents, but fund managers are likely to maintain their research-driven investment approaches to outperform the index over time [12][13].

央行等五部门联合印发《关于金融支持广州南沙深化面向世界的粤港澳全面合作的意见》。支持高端制 造产业发展。支持政府引导基金聚焦南沙重点产业及重点制造产业的关键共性技术清单，引导社会资本 精准投放。鼓励金融机构、制造业供应链核心企业接入中征应收账款融资服务平台，健全信息共享与应 收账款确权机制。支持南沙符合条件的制造企业、科创企业发行科创债和科创票据，探索股债混合型融 资模式。推动符合条件的重点制造企业在境内外上市挂牌融资。 ...

Group 1: Capital Market Stability and Activity - The government is implementing measures such as lowering the reserve requirement ratio by 0.5 percentage points, which is expected to inject approximately 1 trillion yuan into the market [2] - The policy interest rate will be reduced by 0.1 percentage points, leading to a corresponding decrease in the Loan Prime Rate (LPR) [2] - Historical data shows that the A-share market tends to respond positively to reserve requirement cuts, with an average increase of 0.17% in the Shanghai Composite Index the day after a cut [2] Group 2: Long-term Capital Inflows - The government plans to expand the pilot scope for insurance funds' long-term investments, injecting an additional 60 billion yuan into the market [3] - Regulatory adjustments will lower the risk factors for stock investments by 10%, encouraging insurance companies to increase their market participation [3] - A target has been set for large state-owned insurance companies to invest 30% of their new premiums in A-shares starting in 2025, potentially bringing in 0.73 trillion yuan if the equity investment ratio increases by 1% [4] Group 3: Domestic Demand and Real Estate Support - Policies are being introduced to stabilize the real estate market, including a reduction in personal housing loan rates by 0.25 percentage points, which lowers the five-year rate for first-time homebuyers from 2.85% to 2.6% [6] - A 500 billion yuan "service consumption and elderly care re-loan" fund is being established to support consumption and promote credit for service sectors [6] - The consumption ETF has seen significant inflows, with over 2.2 billion yuan net inflow in the last 60 trading days, indicating strong market interest [7] Group 4: Development of New Productive Forces - The monetary policy will increase the quota for loans aimed at technological innovation and transformation from 500 billion yuan to 800 billion yuan [8] - The government is expected to introduce further reforms for the Sci-Tech Innovation Board and the Growth Enterprise Market to support new productive forces [9] - A new "technology board" in the bond market is being created to facilitate financing for tech enterprises, with low-cost re-loan support from the central bank [9]

主办方供图 "目前已有100多家浙江企业在香港上市融资，其中一半来自杭州，当中不乏许多科创行业的领军者。"这一数据，来自香港交易所环球上市服务部副总裁姜 嘉莉近日在杭港创新合作论坛的分享。 4月24日，作为第九届万物生长大会重要分论坛，"第三届杭港创新合作论坛"在杭州国际博览中心举行，汇聚了杭港两地科创精英、投资机构、香港创投协 会及香港创投军团等各方150余人。 会上，围绕全球创新资源联动共享机制，聚焦提升两地资源集聚与产业协同能力，深化科创领域合作等话题，与会嘉宾展开了深度交流。 比如，杭港合作已进入双向赋能的新阶段。 浙江省香港商会会长唐龙添认为，香港的国际视野可以助力国际企业走出去，浙江的产业链能够为香港科创成果提供转化的沃土。 传化集团副总裁姚晨蓬以传化科技城为例，认为香港作为国际金融、贸易和航运中心，拥有丰富的资金、先进的管理经验、国际化的人才，以及全球化的市 场渠道，传化科技城以及传化集团的各个业务板块，欢迎香港企业前来创业合作。"期待与香港企业在科技创新领域携手，共同攻克技术难题，加速科研成 果转化。" 香港创业及私募投资协会董事、华润资本管理有限公司首席投资官张宗提到，香港仍然是独一无二的国 ...

4月2日，上海财经大学校长刘元春在江苏扬州的一场公开活动上表示，以DeepSeek事件为标志，中 国科创崛起正在重塑中国资产的估值，中国科创企业正在技术突破、成本控制和商业化应用方面展现独 特优势。在中美科技竞争加剧、全球资本流动格局变化的背景下，中国科创的全面崛起不仅是技术进步 的体现，更是中国叙事逻辑的一次深刻重塑。 刘元春也强调，中国市场结构与市场秩序的治理是中国叙事和中国估值在中期全面持续的一个重要决定因 素，必须上升到新的高度。他还谈道，美国经济是否加速步入衰退期是美国叙事逻辑变化的关键，假如在 4月披露的美国一季度国内生产总值（GDP）增速为负，美国消费者价格指数（CPI）上升突破3%。美联 储很可能在4月下旬或5月份开启新的降息阶段。一旦美国降息，我国货币政策空间将更加充足。 中国资产重估不是短期事件 今年农历新年前后，以DeepSeek事件触发，国际社会出现对于中国发展叙事逻辑的逆转。刘元春表示， DeepSeek在一周之内获得了全世界的热捧，在资本市场只要与DeepSeek相关的股票都快速上升。在这 一轮中国资产的上涨潮里，与新质生产力相关的、战略性新兴产业相关的中国公司股票实现全面引领。但 ...