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中信证券1.28万亿领跑债券承销市场;西部证券联合陕西国资等设立20亿元产发并购基金 | 券商基金早参
Mei Ri Jing Ji Xin Wen· 2025-12-12 01:39
Group 1: Bond Underwriting Market - CITIC Securities leads the bond underwriting market with a scale of 1.28 trillion yuan, holding a market share of 6.28% [1] - China International Capital Corporation ranks second with 1.09 trillion yuan in underwriting scale and a market share of 5.37% [1] - The merger of Guotai Junan and Haitong Securities has resulted in a strong presence in the top three, indicating an increase in industry concentration [1] Group 2: Investment Funds - A new merger and acquisition investment fund has been established with a total contribution of 2 billion yuan, focusing on strategic emerging industries [2] - The fund is backed by Western Securities and local state-owned enterprises, aiming to enhance asset allocation capabilities and support regional economic growth [2] Group 3: Quantitative Private Equity - Leading quantitative private equity firms are aggressively entering niche markets, particularly in the domestic GPU and technology sectors [3] - There is a notable trend of launching products focused on innovation and AI, reflecting a pursuit of excess returns in volatile markets [3] - Some firms are also diversifying into dividend strategies, indicating a shift in risk preferences among quantitative investors [3] Group 4: Dividend Theme Funds - The issuance of dividend theme funds has accelerated in the second half of the year, with the number of new products doubling compared to the first half [4] - A total of 37 new dividend theme funds have been issued, raising a combined scale of 20.44 billion yuan, indicating a strong market interest in stable returns [4] - The trend suggests a potential shift in market focus towards value-oriented investments, particularly benefiting sectors with stable dividends [5]
银行理财多样化布局科创领域
Jing Ji Ri Bao· 2025-11-20 00:05
没有足够的适配科技金融投资需求的产品供给,就难以为科技创新引入长期资本、耐心资本和优质资 本。为助力科技金融发展,在政策支持与市场需求双重驱动下,银行理财公司纷纷加速布局高科技和成 长赛道,引导长期资金进入科技金融领域。 "我们找到两大发力点,以主责主业适配科技型企业需求,全力以赴以高质量金融服务助力科技创 新。"吴茜表示,在投资方面,工银理财紧抓科创债这一"关键点",积极发挥基金、股票和非标等多资 产投资优势,构建"一主多元"科技金融投资体系。在产品方面,紧抓科创主题产品这一"链接点",打造 固收产品和含权产品"基本盘+特色盘"共同发展的多样化科创主题产品货架。 集成电路、人工智能、生物医药、先进材料……各个新兴赛道和科技领域迅速发展的背后,都少不了金 融的大力支持。在这一过程中,银行理财扮演着重要角色。近年来,在多重因素驱动下,银行理财加速 布局科创领域,但也面临着风险偏好、资金期限、缺乏历史业绩参考等各种问题。如何破解这些难题? 记者采访了相关专家。 正视优势与短板 业内人士表示,科技创新具有高成长性,但也伴随着较高的不确定性。因此,更需要科技金融迎难而 上、聚焦重点。筑牢科技金融体系正是应对这一特性的 ...