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华夏基金:坚持金融向“新”,赋能新质生产力发展
Xin Lang Cai Jing· 2025-12-11 14:10
刚刚闭幕的中央经济工作会议,以及前不久党的二十届四中全会,都对"十五五"时期加快构建新发展格 局,着力推动高质量发展作出战略部署,为金融强国、资本市场高质量发展赋予新使命、明确新方向。 作为资本市场的重要机构投资者,公募基金是连接实体经济与居民财富的关键纽带,其发展成效直接关 系到金融强国建设的成色和中国式现代化的推进质效。 金融赋能新质生产力发展 中央经济工作会议指出,"因地制宜发展新质生产力""坚持创新驱动,加紧培育壮大新动能""创新科技 金融服务"。新质生产力的核心是科技创新,而科技创新具有投入大、周期长、风险高的特征,迫切需 要长期资本的精准赋能。作为专业机构投资者,公募基金须当好"耐心资本",做时间的朋友,做创新的 伙伴,助力 "长钱长投"市场生态建设。 华夏基金秉承"研究创造价值"的投资理念,坚持价值投资、长期投资,构建适应新质生产力的投研体 系,未来将更多地关注技术壁垒、研发投入、产业链地位等长期成长要素,鼓励投研人员深入产业链一 线,发掘具备核心技术、代表中国未来竞争力的优质企业,力争发挥桥梁纽带作用,形成对新质生产力 的长期稳定支持。华夏基金前期还成立了第一家公募基金股权子公司,后续将持续挖 ...
大消息,重大改革将启动!
中国基金报· 2025-11-02 13:49
Group 1 - The core viewpoint of the article emphasizes the launch of the reform of the ChiNext board, which aims to provide more precise and inclusive financial services for innovative enterprises in emerging industries, aligning with China's "14th Five-Year Plan" for technological self-reliance and innovation [2][4][5] - The reform is seen as a crucial step in enhancing the capital market's ability to support technological innovation and economic high-quality development, facilitating the gathering of resources towards innovation sectors [4][6] - The reform will establish listing standards that better match the characteristics of innovative enterprises, thereby improving financing channels for emerging industries [5][6] Group 2 - The article highlights that the ChiNext reform is part of a broader effort to improve the multi-tiered capital market system, which will enhance the efficiency of capital allocation and support the growth of high-quality innovative companies [6][10] - It is noted that the reform will help attract more patient capital and international investors, thereby increasing the international standing of China's capital market [6][10] - The article discusses the differentiation and complementary roles of various market segments, including the ChiNext, Sci-Tech Innovation Board, and Beijing Stock Exchange, which together will cover the financing needs of different types of technology enterprises [9][10][12] Group 3 - The investment value of the ChiNext is highlighted, with a significant recovery in earnings reported for the third quarter, particularly in emerging industries such as new energy, semiconductors, and biotechnology [14][16] - The article states that the ChiNext's net profit growth rate is the fastest among A-share segments, indicating strong resilience in growth-oriented companies [16][17] - The current valuation of the ChiNext is considered relatively low compared to historical levels, suggesting potential for long-term investment value as earnings improve and reform policies take effect [18][19] Group 4 - The article notes a significant increase in institutional investment in the ChiNext, with a reported allocation weight of 19.29% in the third quarter, reflecting a shift towards high-tech and strategic emerging industries [21][22] - It emphasizes that sectors such as artificial intelligence, semiconductors, and renewable energy are expected to drive future economic growth and investment opportunities [22][23] - The article also mentions the ongoing innovation in ChiNext-themed funds, which have shown strong performance, with an average return of 40% year-to-date [24][26]