她指出，北部都会区将提供3000多公顷新发展土地，藉毗邻广东省的地理优势，会善用新开发的土地包 括重点发展创新科技、教育及高端产业，希望北都成为深化香港与粤港澳大湾区其他城市合作的平台 等。 智通财经APP获悉，香港发展局局长宁汉豪出席沪港智库论坛时表示，过去两年北部都会区发展取得不 少成果，四个新发展区处于施工阶段，涉及土地面积近900公顷；未来数年，北都产出的土地、房屋等 将以倍数上升。她又以上海临港新片区为例，实行制度创新、又通过优化教育医疗等配套吸引高端人 才，当局也会于北部都会区制订促进产业及投资的"优惠政策包"，以促进企业落户香港。 宁汉豪说，北都规划已基本出台，工程相继上马，北都已进入新阶段，加快发展步伐，引入企业参与并 投放资金。她说，《施政报告》就北都发展包括提出简化行政措施、设立北都专属法例等，希望以较破 格思维加速北都发展及引进产业。 ...

今年以来，A股交投活跃，两融余额持续增加，市场迎来一轮稳健上涨。数据显示，4月8日以来，截至 9月22日收盘，上证指数累计上涨23.64%，深证成指累计上涨40.51%，创业板指累计上涨71.97%。 中金公司（601995）研究部国内策略首席分析师李求索在接受中国证券报记者专访时表示，当前市场在 宏观经济韧性强、企业盈利向好、全球估值吸引力提升及流动性改善支撑下，中长期向好趋势已然确 立。值得关注的是，市场资金结构显著优化，两融余额虽创历史新高但其健康度远胜往昔，同时外资回 流与国内投资者信心形成正向循环。从中长期看，可聚焦科技创新、出海优势及优质红利三大主线。 市场中长期韧性凸显 "今年4月初为A股市场阶段性底部，可能为全年指数低点，回顾来看也是今年难得的买点。今年A股呈 现较强韧性，全年来看上行机会大，下行风险小。"李求索在谈及今年以来市场表现时表示，A股市场 表现强势主要来自四个方面的支撑： 首先，在宏观环境上，年初以来全球宏观形势发生诸多变化，我国经济在内部结构调整与外部贸易摩擦 的双重挑战下韧性凸显，经济数据表现相对稳健，制造业韧性成为重要贡献点，AI、创新药等领域突 破令全球重新认识中国的创新能 ...

Group 1 - International capital is experiencing a significant shift in attitude towards Chinese assets, with hedge funds rapidly increasing their net purchases of Chinese stocks, marking the highest net buying volume globally in August [1][2] - The Shanghai Composite Index surged by 1.45% on August 22, reaching a 10-year high, while the ChiNext Index saw an increase of over 8%, indicating strong market performance [2][3] - Emerging market funds have significantly reduced their holdings in Indian stocks while increasing their allocations to Chinese A/H shares and the South Korean market [3][4] Group 2 - In June, foreign institutional investors saw a net inflow of $1.2 billion into the Chinese stock market, which further increased to $2.7 billion in July, indicating a growing trend of foreign investment [5] - Korean investors have injected $5.8 billion into Hong Kong stocks this year, surpassing the total for 2024, reflecting strong foreign interest in Chinese assets [5] - The Hang Seng Tech Index has attracted over $7 billion in net inflows since the beginning of the year, contributing to a year-to-date increase of over 26% [6] Group 3 - A recent Bank of America survey indicates a rising optimism among fund managers regarding China's economic growth, marking the highest level of confidence since March 2025 [7] - Analysts predict that the inflow of foreign capital into Chinese markets will accelerate due to attractive valuations and improving shareholder returns [8] - China is recognized for its competitive advantages in technology research and development, particularly in AI, high-end manufacturing, and semiconductors, which are driving investor interest [8]

Group 1: Market Performance - The A-share market has seen increased trading activity, with the Shanghai Composite Index surpassing 3700 points on August 14, and total trading volume exceeding 2.3 trillion yuan, marking a new high for daily trading volume in 2023 [1] - The current market trend is characterized by a steady upward movement, with the Shanghai Composite Index rising from 3040 points in April 2023 to 3700 points over four months, indicating a more rational entry of funds [1] - Daily trading volume has increased from 1.8 trillion yuan on August 11 to 2.3 trillion yuan on August 14, reflecting a sustained interest from external funds while avoiding excessive short-term inflows [1] Group 2: Funding Dynamics - The current market rally is supported by a diversified funding structure, with orderly entry of leveraged funds indicating a rational recovery of market risk appetite, as the margin trading balance has returned to 2 trillion yuan for the first time in ten years [2] - Long-term funds, particularly from insurance, are increasing their equity asset allocations, with significant growth in equity investments in the first quarter, demonstrating confidence in the A-share market [2] Group 3: Sector Focus - Market funds are increasingly concentrated in sectors aligned with economic transformation, such as semiconductors, robotics, and artificial intelligence, reflecting investor consensus on upgrading the economy [3] - Continuous net inflows from northbound funds indicate a growing recognition of the long-term value of core A-share assets by foreign investors, further strengthening market support [3] Group 4: Economic Fundamentals - The macroeconomic environment shows improvement, with GDP growth of 5.3% year-on-year in the first half of 2023, which is 0.3 percentage points faster than the full-year growth rate of 2024 [4] - The quality and efficiency of economic growth are improving, with significant growth in high-tech manufacturing and services, indicating a sustainable economic structure that supports capital markets [4] Group 5: Policy Environment - The optimization of the policy environment is crucial for market confidence, with regulatory measures encouraging long-term investments and enhancing market stability [5] - Coordinated macroeconomic and capital market policies, including moderately loose monetary policy and effective fiscal measures, are creating a favorable environment for capital market development [6]

Group 1 - The core initiative is the establishment of a state-owned capital merger fund matrix, with a total scale of 50 billion yuan for the second phase of the industrial transformation and upgrading fund [1] - The fund will focus on strategic projects and key links in the industrial chain, particularly in sectors such as integrated circuits, artificial intelligence, biomedicine, and high-end manufacturing [1] - Shanghai aims to enhance its integrated circuit industry by increasing investments in design, manufacturing, and testing through the establishment of this specialized fund [1] Group 2 - The initiative includes the promotion of key application scenarios such as AI large models, embodied intelligence, autonomous driving, and low-altitude economy, prioritizing major application scenarios for key enterprises and projects [2] - Activities such as scenario roadshows, matchmaking, and innovation competitions will be organized to support the application of these technologies [2] - High-quality vertical model projects will be integrated into the city's public computing power scheduling system, with subsidies for model inference computing power projects [2] Group 3 - The measures aim to enhance the city's investment attraction and enterprise service levels, optimizing the investment environment to attract domestic and foreign enterprises to invest in Shanghai [4] - A one-stop investment service information portal will be established to provide centralized policy information and services for enterprises [5] - Financial resources will be efficiently supplied, with a focus on strategic emerging industries and the use of various financial tools to meet the funding needs of quality investment projects [6] Group 4 - The initiative supports the efficient landing of scientific and technological achievements, encouraging the integration of technological innovation and industrial innovation [7] - It promotes the cultivation of key industrial chains and supports quality enterprises in strengthening their supply chains [7] - The project aims to improve the convenience of enterprise registration and optimize investment project approvals to enhance overall efficiency [8] Group 5 - The initiative encourages major investment promotion activities and supports international events that align with the city's industrial focus [9] - It aims to create a fair market environment by enforcing fair competition review systems and optimizing temporary arbitration mechanisms [9] - The initiative also emphasizes the importance of socialized investment channels and recognizes outstanding partners in investment attraction [9]