The first batch of eight Beijing Stock Exchange (BSE) three-month holding-period thematic funds is expected to begin issuance next week. Issuers will set fundraising caps and fund houses’ sales teams are preparing distribution materials. Public mutual funds have already built a matrix of dozens of active and passive BSE products; active equity funds have posted peak returns exceeding 100% since inception.

法国7月工业产出月率 -0.4%，预期0.2%，前值由0.10%修正为-0.1%。

Beijing municipal government issued its high-end precision-industry development plan for the 15th Five-Year period, targeting major breakthroughs in new productive forces by 2030 and significant gains by 2035. The plan elevates high-end industries to better serve national strategic priorities, aims to lift industrial R&D, indigenous-control capability and regional spillovers, positions Beijing as a globally influential emerging-industry and future-industry hub, and seeks to make the Beijing–Tianjin–Hebei region a stronger driver of national high-quality growth.