债市对配置盘的吸引力在上升 多位业内人士表示，复盘历史，股市牛市并不等于债市拐点，经历短期调整后，债市对配置盘的吸引力在上升，未来债市将逐步回归 基本面。 富国基金指出，在近期的调整行情中，短端国债收益率变化显著小于长端国债，1年期、3年期国债利率分别上行了3个基点和7个基 点。中长期限上行幅度更大，5年、7年、10年、30年国债利率分别上行了14个基点、20基点、14个基点和27个基点至1.64%、1.77%、 1.78%和2.11%。对于低风险偏好的资金而言，对比定期存款利率或是扣费后的房贷利率，长端性价比正在逐步显现。 新华财经上海8月25日电（张天源） 8月25日，资本市场暂时摆脱"股债跷跷板"效应带来的影响，呈现"股债双牛"走势。当天，权益市 场再现大涨，银行间主要利率债收益率多数下行，其中30年期国债收益率下行突破2.0%关口。业内人士表示，债券配置性价比正在修 复。 "股债双牛"再现市场 从行情看，当天A股三大指数单边上行，均创出阶段新高。上证指数收涨1.51%报3883.56点，创下2015年8月18日以来收盘新高，深证 成指涨2.26%，创业板指涨3%，均创下2022年8月24日以来收盘新高 ...

Group 1 - The Chinese government has issued opinions to deepen the reform and innovation of the Shenzhen comprehensive reform pilot, optimizing the financing mechanisms for technology-based enterprises [1] - Over 60% of actively managed equity funds have recovered their net asset values to levels seen two months ago, with a focus on technology sectors expected to benefit from market rotation [2] - Fund managers are actively adjusting their portfolios and conducting research to identify new investment opportunities, with a positive outlook on sectors like artificial intelligence and high-end manufacturing [3] Group 2 - The 2025 China Industrial Transfer Development Docking Event in Inner Mongolia has signed 20 key projects, emphasizing green and innovative development in sectors like new energy and smart computing [4] - Non-humanoid robots are gaining traction in industrial applications, with advancements in AI expected to enhance their scalability and efficiency [5] - Companies in the environmental sanitation industry are increasing investments in smart technologies, with significant contracts and production capacity expansions anticipated [6][7] Group 3 - Southbound capital has seen a net inflow of over 600 billion yuan into the Hong Kong stock market this year, with the Hang Seng Index and Hang Seng Tech Index showing significant gains [8] - The successful IPO of a leading panoramic camera company has sparked interest in the industry, with a projected market growth rate exceeding 10% annually [9] - The FPGA chip market in China is expected to grow significantly, driven by local supply chain policies and emerging industries [10] Group 4 - Private equity and venture capital funds are increasingly acquiring listed companies, with a notable case involving a fund acquiring a 25% stake in a tech company [11] - Industrial robot exports have surged by 55.4% in the first five months of the year, reflecting China's growing technological capabilities [12][13] - Public mutual funds have distributed over 95 billion yuan in dividends this year, marking a 41.04% increase compared to the previous year, with bond funds being the primary contributors [13]