投资银行业与经纪业:稳定币布局加速落地 关注非银板块相关个股

长江证券股份有...
Jun 30, 2025

核心观点:1)本周国泰君安国际成为首家可提供全方位虚拟资产相关交易服务的香港中资券商。政策端,香港政府发布《香港数字资产发展政策宣言2.0》,进一步完善了数字资产相关政策框架,持续推进稳定币布局加速落地,带来香港市场第二增长曲线,市场信心有所提振,建议关注非银板块A+H 股及相关概念个股;另外保险方面,当前估值隐含市场对长期投资的悲观假设,考虑中远期利差水平,当前估值仍然安全,看好集中度和负债成本...

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