变局加速，机遇涌动！走过充满韧性的 2024 ，中国经济正以"新质生产力"为引擎，在 2025 年深化转型。政策红利持续释放，资本市场改革深化，外资加速回流人工智能、高端制造、绿 色能源等新经济赛道，一场以"新质"为核心的估值重构已然展开。 然而，全球棋局波谲云诡：地缘冲突未息、货币政策分化、供应链重塑承压、多国政治周期叠 加 ……如何在百年大变局的深化期，把握未来航向？ 2025 年下半年，机遇与风险并存，投 资者如何优化策略，行稳致远？ 答案，就在深圳！ 深度剖析全球与中国经济核心变局； 前瞻 "新质生产力"驱动的投资主脉络； 拆解复杂环境下的风险与机遇； 共话资本市场改革红利与布局良机； TOP 级机构（合计管理超千亿）分享投资策略和方向。 这是一场智慧碰撞的盛宴，一次拨云见日的集结！ 与远见者同行，与担当者共进！ 2025 年 7 月 4 日 -5 日，格隆汇 2025 中期策略峰会 将再度点亮鹏城！ 我们力邀顶尖思想领袖与实战精英，为您： 请注意， 7 月 5 日全天的全球机构投资者思享会为收费活动，前排预留席位金额： 6 88/ 人 （早鸟价，原价 1 088/ 人）， 限额前 7 2 位！已无名 ...

Group 1 - The 16th Davos Forum (New Champions Annual Meeting) will be held in Tianjin from June 24 to 26, 2025, highlighting China's unique advantages in technology and scale effects [2] - China is implementing the "AI+" strategy to integrate artificial intelligence across various sectors, with related industries accounting for approximately 10% of the economy [3] - There is a notable gap in China's high-tech development, which is partly stimulated by U.S. export control policies, despite a macroeconomic growth rate of around 5% [3] Group 2 - Recognizing consumption as the core foundation for China's transformation into a leading technology nation is essential, similar to Japan's economic transition [4] - The current economic development in China is characterized by a shift towards consumption-focused policies, with local governments introducing measures to stimulate consumer spending [4] - The new generation of labor is emerging, and creating opportunities in second and third-tier cities is crucial for supporting consumption growth and the application of new technologies [5] Group 3 - The redistribution of talent and resources within China indicates a potential for strong endogenous growth, suggesting a dynamic shift in economic activity [6]

今年上半年，香港资本市场强劲复苏。Wind数据显示，截至今年6月17日，香港市场累计约40家公司完 成IPO，募资总额约780亿港元，较去年同期分别增长33%和565%。尤其是5月份，在多只超级大盘股带 动下，港股IPO迎来大爆发，令香港当月融资额居全球各交易所之首。 港股IPO呈现三大主线 5月20日，宁德时代新能源科技股份有限公司在香港联交所主板挂牌上市。本次项目为2023年以来全球 规模最大的IPO，也是迄今为止规模最大的A股上市公司H股IPO。对香港资本市场而言，宁德时代H股 IPO提升了市场活跃度，增强了香港资本市场的影响力，同时具有示范效应，带动A股其他企业赴港上 市。 5月23日，国内创新药企业江苏恒瑞医药在香港上市，为近5年港股医药行业最大IPO，显示出国际资本 对中国医药创新领域的高度关注。 5月23日，总部位于新加坡的癌症早筛生物技术独角兽企业MiRXES（觅瑞）在香港上市，吸引23家国 际机构投资者参与，国际配售占比超40%，上市首日大涨，凸显全球资金对优质生物科技公司的强劲需 求。 另一方面，不少中小企业亦登陆港股。这些小盘新股通常发行规模在1亿港元至5亿港元之间，依靠市场 机制完成融 ...

变局加速，机遇涌动！走过充满韧性的 2024 ，中国经济正以"新质生产力"为引擎，在 2025 年深化转型。政策红利持续释放，资本市场改 革深化，外资加速回流人工智能、高端制造、绿色能源等新经济赛道，一场以"新质"为核心的估值重构已然展开。 然而，全球棋局波谲云诡：地缘冲突未息、货币政策分化、供应链重塑承压、多国政治周期叠加 ……如何在百年大变局的深化期，把握未来航 向？ 2025 年下半年，机遇与风险并存，投资者如何优化策略，行稳致远？ 答案，就在深圳！ 2025 年 7 月 4 日 -5 日，格隆汇 2025 中期策略峰会 将再度点亮鹏城！ 我们力邀顶尖思想领袖与实战精英，为您： 深度剖析全球与中国经济核心变局； 前瞻 "新质生产力"驱动的投资主脉络； 拆解复杂环境下的风险与机遇； 共话资本市场改革红利与布局良机； TOP 级机构（合计管理超千亿）分享投资策略和方向。 这是一场智慧碰撞的盛宴，一次拨云见日的集结！ 与远见者同行，与担当者共进！ 会议组成及嘉宾阵容： 7 月 4 日上午 格隆汇 ·中期策略峰会· 2 025 宏观、策略、风投、实业大咖云集，莅临现场共同剖析中国资本市场发展趋势，共同展望 20 ...

香港再设创投基金！ 日前，首期规模为10亿港元的香港高才创业投资基金正式启动，该基金的目标是"让更多的高才精英能 在香港找到实现梦想的舞台"，将聚焦科技、医疗、消费等前沿领域。据悉，该基金首批3亿港元已确 认。 首批3亿港元已确认投向人工智能等领域 香港高才创业投资基金由高才通人才服务协会创始会长尚海龙及多位创始合伙人共同发起。尚海龙表 示，基金的成立不仅仅是一项金融举措，更是一个推动香港高质量发展的创新实践，希望通过这个基 金，让更多的高才精英能在香港找到实现梦想的舞台，并通过资本与技术的融合，助力香港在新质经济 领域走在全球前列。 香港高才创业投资基金的设立是香港服务高才的配套措施之一。据尚海龙透露，目前基金首批3亿港元 资金已经确认，将会聚焦支持生物科技、人工智能、金融科技、高端制造业以及Web3等活动，期待特 区政府能尽快批出相关牌照。 初创企业数量超4600家多项基金计划支援创业 "高端人才通行证计划"是香港广纳五洲四海贤才的举措之一。截至2024年底，"高才通计划"共收到约 11.6万份申请，近9.2万份获批，超过7.5万名高端人才与家人抵港。 今年1月22日，香港特区政府劳工及福利局局长孙玉菡在 ...

Core Viewpoint - The small-cap indices, represented by the CSI 1000 and CSI 2000, have shown strong performance with significant inflows into related ETF products, indicating a robust market sentiment and potential investment opportunities in these segments [1][2]. Group 1: Market Performance - The CSI 1000 index saw 9 stocks hitting the daily limit up, while the CSI 2000 had 28 stocks, reflecting a strong upward trend with respective gains of 0.47% and 0.72% [1]. - The CSI 1000 Enhanced ETF (159680) received a substantial inflow of 3 million in a single transaction, totaling a net inflow of 22.43 million over the past two trading days [1]. Group 2: ETF Performance - Both the CSI 1000 Enhanced ETF (159680) and the CSI 2000 Enhanced ETF (159552) have outperformed their benchmark indices, achieving excess returns of 7.36% and 13.41% respectively from the beginning of the year to June 25 [3]. Group 3: Driving Forces - The market's performance is driven by three main engines: 1. Liquidity and policy support, with multiple reductions in reserve requirements and interest rates enhancing market liquidity, benefiting small and micro enterprises [3][4]. 2. Enhanced strategies in ETFs that utilize active management to generate excess returns through industry rotation, stock selection, and risk control [6]. 3. A favorable environment for growth sectors, with policies supporting AI, robotics, military, semiconductors, and pharmaceuticals, aligning with the majority of the components in the CSI 1000 and CSI 2000 indices [4]. Group 4: Investment Strategy - The current market conditions resemble the bullish sentiment of September 2022, suggesting that growth stocks within the CSI 1000 and CSI 2000 indices are likely to be key focus areas for investors [7]. - Enhanced ETFs are positioned as offensive allocations in investment portfolios, with recommendations to balance risk by pairing with dividend or bank stocks for a better experience [8].

投资界（PEdaily.cn）旗下，专注募资动态 欢迎加入投资界读者群 吸引人才。 作者 I 吴琼 报道 I 投资界-解码LP 近日，香港高才创业投资基金成立典礼暨科技金融论坛在香港举行。投资界-解码LP获 悉，现场香港高才创业投资基金正式启动，基金首期规模10亿港元，聚焦科技、医疗、 消费等前沿领域。 据悉，该基金自筹备以来，获得社会各界积极响应，目前首批3亿港元已确认。新基金目 标明确——扶持创新人才与优秀项目，"让更多的高才精英能在香港找到实现梦想的舞 台。" 以下文章来源于解码LP ，作者吴琼 解码LP . 对于基金的未来发展，陈茂波提出两点期望：一是愿基金充分发挥风险投资的功能，坚 持"投早、投小、投长期、投硬科技"的原则，更好地支持香港初创企业的发展；二是发 挥基金的专业网络，为香港汇聚全球顶尖的科创人才和初创企业。 成立新基金，抢人目标明确。其实早在2 0 22年，为吸引世界各地具有丰富工作经验及高 学历的人才到香港，香港特区政府就推出了"高端人才通行证计划" (简称"高才通" )。截 至2 0 25年2月底，已批出近9 .9万宗申请。 如今，高才通人才服务协会牵头设立新基金算是配套措施之一。尚 ...

将投中网设为"星标⭐"，第一时间收获最新推送 来源丨 投中网 近年来，辽宁省坚持以科技创新为引领，积极发展壮大战略性新兴产业，培育新质生产力，全力推动 高质量发展。为深入学习贯彻党的二十大、二十届三中全会精神和习近平总书记在辽宁考察时的重要 讲话和重要指示精神，深入推进新时代 " 六地 " 建设，聚焦优质投资机构，营造创业投资良好发展 态势， 继成功举办"2024辽宁产投融合发展大会"后， 辽宁省人民政府将于 2025 年 7 月 2 日至 3 日在沈阳市举办 "2025 创投辽宁发展大会 " 。本次大会以 " 科技向新 · 资本向实 · 产业向强 " 为主题，旨在打造全国投资机构与辽宁产业融合发展的对接合作平台，共话发展，共谋未来，共同为 打好打赢三年行动决胜之年、决胜之战贡献金融力量。 重大盛会 聚焦产业前沿趋势 本次大会由辽宁省人民政府主办，辽宁省地方金融管理局、辽宁省科学技术厅、辽宁省工业和信息化 厅联合承办。作为 2025 年度创投领域的重要盛会， 7 月 2 日大会主会场将汇聚政府领导、科研院 所专家、知名证券机构、顶尖投资机构、科创先锋企业，共同聚焦创投赋能科技创新和产业发展、促 进有效市场和有 ...

Core Insights - The "Intelligent Manufacturing" sector in China experienced a total of 164 financing events in May 2025, a decrease of 25 events (13%) from the previous month, but an increase of 6 events (4%) compared to the same month last year [3][10]. - The total disclosed financing amount reached 4.689 billion RMB, which is a decrease of 1.363 billion RMB (23%) from the previous month, but an increase of 1.364 billion RMB (41%) year-on-year [3][10]. Financing Events Breakdown - The most active sub-sectors within "Intelligent Manufacturing" included high-end manufacturing equipment (78 events), integrated circuits (49 events), and aerospace (12 events), with aerospace seeing a significant decline of 37% from the previous month [4][12]. - The geographical distribution of financing events showed that Jiangsu led with 31 events, followed by Guangdong (28), Zhejiang (19), Beijing (17), and Shanghai (17) [5][15]. Stage Distribution - The majority of financing events were in the early stage, totaling 126 events (76.83%), followed by the growth stage with 32 events (19.51%), and the late stage with 6 events (3.66%) [6][17]. - In terms of disclosed financing amounts, early-stage financing accounted for 1.226 billion RMB (25.34%), growth stage for 2.962 billion RMB (61.22%), and late stage for 650 million RMB (13.44%) [17]. Global Financing and Unicorns - In May 2025, there were 2 new large financing events in the "Intelligent Manufacturing" sector globally, contributing to a total of 29 large financing events worldwide, with a total disclosed amount of 52.506 billion RMB [21][25]. - The "Intelligent Manufacturing" sector saw the addition of 1 new unicorn, making up 20% of the global total of 5 new unicorns for the month [25][26]. Investment Institutions - A total of 189 VC/PE institutions participated in the "Intelligent Manufacturing" sector in May 2025, a decrease of 24% from the previous month and a 6% decrease year-on-year [28]. - The top five VC/PE institutions by number of investment events were Shenzhen Capital Group (6), Lushan Investment (5), Yuanhe Holdings (4), Zhongke Chuangxing (4), and Chengdu Gaotou Group (3) [29]. IPO Market Analysis - In May 2025, 2 Chinese companies completed IPOs, maintaining the same number as the previous month and representing a 100% increase year-on-year. The total amount raised was 578 million RMB, a decrease of 40% from the previous month but an increase of 92% compared to the same month last year [8][35]. - The leading sector for IPOs was high-end manufacturing equipment, with 1 company listed, and the top city for IPOs was Shanghai [38].

Group 1 - The event organized by Japanese companies in Shenzhen aimed to enhance cooperation between the Shenzen Guangming District and Japanese enterprises through investment environment assessments and industry-specific matchmaking [1][3] - Participating Japanese companies included Toshiba (China) Co., Ltd., Mizuho Bank (China) Co., Ltd., and others, covering sectors such as semiconductors, high-end manufacturing, smart home appliances, urban design, finance, and consulting [3] - The delegation visited leading companies in Guangming District, including Betterray New Materials Group, a top global supplier of lithium-ion battery anode materials, and Nuoan Intelligent Co., Ltd., a specialized manufacturer of gas sensors and detection instruments [3] Group 2 - Guangming District has previously hosted a delegation from the UK-China Trade Association, which included representatives from notable institutions and foreign enterprises, indicating a growing interest in the district's innovative technologies and strong industrial foundation [4] - In the first half of the year, Guangming District actively sought connections with foreign companies, including Panasonic and Victoria's Secret, to strengthen its international presence and attract foreign investment [5] - The district has engaged in various promotional activities, resulting in over 70 foreign enterprises visiting and establishing strategic partnerships, including with Alstom and the Australian Doner Group [5]