（原标题：寒武纪当了7分钟"股王" 此前一月内股价累计涨幅高达120%） 8月27日午后，A股市场上演历史性一幕：AI芯片龙头寒武纪(688256.SH)股价持续攀升，最高触及1464.98元/股，超越素有"股王"之称的贵州茅台 (600519.SH)，成为A股市场股价最高的个股。 从13:38到13:44，寒武纪股价7分钟内两次超越贵州茅台。也就是说，寒武纪只当了7分钟的A股股王，之后就被茅台赶下来了。 截至下午1点56分，寒武纪股价报1417.60元/股，上涨6.67%；而贵州茅台股价为1459.02元/股，下跌1.52%。 截至下午收盘，寒武纪股价报1372.10元/股，当日每股上涨43.10元，上涨幅度为3.24%。 寒武纪此次股价超越贵州茅台，引发市场广泛关注。今年以来，寒武纪股价走势强劲，尤其是在7月25日至8月26日期间，累计涨幅高达 121.42%。 8月22日，寒武纪股价突破1200元大关，市值也随之突破5000亿元。 昨天，寒武纪收盘价为1329元/股，距离贵州茅台当日收盘价1481.61元/股已相差不远。 不过，也有市场人士指出，股价的短期波动受多种因素影响，虽然寒武纪此次股价一度超越贵 ...

免责声明：本文观点仅代表作者本人，供参考、交流，不构成任何建议。 8月27日讯，蔚来（NIO.US）美股股价在过去60个交易日内累计飙升90%，远超同期恒生指数9%的涨 幅，创下去年10月初以来新高。8月26日单日涨幅超11%，盘中最高触及6.83美元，收盘报6.70美元，市 值回升至150亿美元。摩根士丹利发布最新研报，维持蔚来"增持"评级，H股目标价50.7港元（约6.5美 元），较当前股价仍有上行空间。 经观汽车 ...

（原标题：半年报出现乱码 瑞丰银行回应：系不同设备PDF阅读器差异） 经济观察报 记者 牛钰 胡群 8月26日晚间，瑞丰银行（601528.SH）发布了2025年半年度报告。8月27日早上，经济观察报记者发 现，从新浪财经和巨潮资讯网等三方平台下载的瑞丰银行半年报，以及在Wind平台的瑞丰银行半年报 原文链接中，均有几十页显示为"乱码"。 图片来源：Wind 随后，上述工作人员回拨电话称，目前通过不同的设备打开半年报文件时确实存在显示不同的情况，通 过手机端Wind打开公告链接时亦部分显示乱码，但通过电脑端Wind查阅时正常显示，可能跟每个设备 自带不同的PDF阅读器有关，目前正在积极地解决问题。 经济观察报记者追问为何其他上市公司的半年度报告没有出现类似的情况？该工作人员回应称："我们 也很奇怪，在上传半年报文件时提交的是PDF文件，一般来说不会出现问题。" 截至发稿时，经济观察报记者发现，乱码问题还未解决。记者通过苹果手机微信端打开的上交所官网、 新浪财经和巨潮资讯网等平台下载的瑞丰银行半年报PDF文件部分页面显示乱码，但用安卓手机微信 端，以及WPS APP打开的同一PDF正常显示。此外，使用不同电脑打 ...

Core Viewpoint - Huayi Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange to support its internationalization strategy and attract more international capital [1][2]. Group 1: Company Overview - Huayi Technology is a leading provider in the automotive testing industry and intelligent driving perception solutions, focusing on the electric and intelligent transformation of vehicles [2]. - The company is expanding into emerging fields such as intelligent driving, humanoid robots, and low-altitude aircraft, showcasing its proactive exploration and layout in these areas [2]. Group 2: Financial Performance - In 2024, Huayi Technology achieved a revenue of 423 million yuan, a year-on-year increase of 20.36%, but reported a net loss of 46.73 million yuan, which widened from the previous year's loss of 16.01 million yuan [3]. - In Q1 2025, the company generated a revenue of 142 million yuan, a year-on-year growth of 39.02%, and turned a profit with a net income of 2.96 million yuan, attributed to increased delivery in intelligent driving business and equipment coming into use [3]. Group 3: Market Position and Strategy - Huayi Technology has established long-term partnerships with major domestic and international automotive manufacturers and suppliers, enhancing its business growth potential [3]. - The company plans to deepen its testing services model and expand into integrated testing, inspection, and certification services, while increasing R&D investment to meet growing customer demands [5]. Group 4: H-Share Listing Process - The H-share issuance and listing plan requires approval from the board of directors, shareholders, and various regulatory bodies, indicating a complex process ahead [4]. - The company must comply with legal and regulatory requirements, including a thorough review of its financial status and governance by relevant authorities [4].

Group 1 - The core viewpoint emphasizes the need to expand domestic demand, strengthen innovation-driven initiatives, and cultivate new quality productivity in response to external uncertainties and insufficient domestic market demand [1] - The report highlights the importance of maintaining policy continuity and stability while enhancing flexibility and foresight to address the challenges faced by various industries [1] - It calls for the transformation and upgrading of traditional industries to promote sustainable and healthy development of the industrial economy [1]

在职场中表现平平，在选择上感到迷茫，不知道该往哪里走，也很难再像从前那样充满干劲。 这种落差，有时像一根看不见的小刺，在深夜悄然发作。 而在咨询中，我会看见，那些"聪明"从一开始就不只是天赋的结果。 一、那些被称为"聪明"的孩子，究竟发生了什么？ 成长心理学告诉我们，许多表现出"聪明"的孩子，往往有一个共性：高度敏感，善于察言观色，能快速 适应环境。 他们懂得读懂大人的期待：考试要考好、行为要得体、情绪要收敛。 （原标题：从"别人家的孩子"到"平庸的大人"：你的天赋去哪了？） "小时候我特别聪明。"——这是许多来访者在讲述自己时说出的第一句话。 他们小时候成绩优异，学东西快，是老师眼中的苗子、父母口中的骄傲。但当他们成为成年人，却发现 自己渐渐失去了那份"光彩"—— 他们在很小的时候就明白：优秀，会带来表扬与关注；犯错，会引发责备和失望。 于是，这些孩子学会了"以好表现换取认可"：把成绩、表现、顺从，当成了存在感和安全感的来源。 这份"聪明"，其实是一种高度适应性的生存策略。 问题是，这种机制如果在成年后依旧主导我们的行为，会慢慢削弱个体的内驱力与方向感。 我们以为自己在努力，其实是在继续完成"别人期望的样子 ...

Group 1 - The core point of the news is that Hesai Technology is planning to issue up to 51.2362 million ordinary shares and list on the Hong Kong Stock Exchange, following its NASDAQ listing in 2023, indicating a move towards further financing and liquidity in the capital markets [1] - Since its establishment in 2014, Hesai Technology has been a representative enterprise in the domestic LiDAR sector, focusing on products for autonomous driving and advanced driver-assistance systems (ADAS), and has extended its applications to robotics and industrial scenarios [1][2] - In Q2 2025, Hesai reported revenue of 706.4 million yuan, a year-on-year increase of 53.9%, and achieved a net profit of 44.1 million yuan, marking its first quarterly profit and indicating a shift from technology validation to industrialization in the LiDAR market [2] Group 2 - The decision to pursue a Hong Kong listing reflects a diversification strategy in capital markets and a desire for financing and valuation recovery, as the U.S. capital market has shown significant pricing volatility for Chinese tech stocks [2][3] - The move by Hesai to seek a Hong Kong listing is seen as a sign of the LiDAR industry entering a new expansion cycle after a period of capital constraints, as demand uncertainty and cost pressures had previously affected the supply chain [2][3] - The successful filing for overseas listing by Hesai indicates a shift in the regulatory environment, with the China Securities Regulatory Commission implementing a filing system for overseas listings, which supports the international financing of key technology companies in the smart automotive industry [3]

Core Insights - The Beijing Financial Regulatory Bureau has officially approved Tu Yikai's qualification as a director of CITIC Trust as of August 22 [1] - CITIC Trust, a leading trust company in the industry, reported a revenue of 5.379 billion yuan in 2024, with a net profit of 2.653 billion yuan [1] - As of the end of 2024, CITIC Trust's total trust assets reached 26.244 trillion yuan, with 15.3 trillion yuan in asset service trusts and 10 trillion yuan in asset management trusts [1] Company Overview - Tu Yikai has been with CITIC Bank since April 2002 and has held various positions within CITIC Trust since December 2008, currently serving as the Deputy Secretary of the Party Committee, General Manager, and Secretary of the Board [1] - CITIC Trust was established on March 1, 1988, with a registered capital of 11.276 billion yuan, and is a subsidiary of China CITIC Financial Holdings [1] Financial Performance - In the first half of 2025, CITIC Trust achieved a total revenue of 2.916 billion yuan, with net commission income of 1.005 billion yuan, both showing growth compared to the same period in 2024 [1] - The company reported a total profit of 1.682 billion yuan in the first half of 2025, representing a year-on-year increase of 3.6%, while net profit rose by 13.5% to 1.567 billion yuan [1]

为此，福特正在研发新一代制造工艺，以降低电动车生产成本。法利暗示，这一体系能够支撑林肯生产 价格更具竞争力的电动车。而在品牌差异化层面，他认为未来的竞争焦点不止是硬件，而是数字与物理 体验的结合。随着"软件定义汽车"的概念逐渐普及，车辆之间的功能趋同，如何在体验上做到"值得额 外付费"，将成为林肯寻找市场位置的关键。 在传统豪华品牌电动化战略普遍激进的当下，林肯选择谨慎推进：一方面保留燃油和混动的安全选项， 另一方面在电动车市场有限探索。这样既避免全面转型带来的巨大成本与市场不确定性，又为品牌未来 可能的平价电动车预留了空间。 不过，法利也强调，如果林肯要在电动车市场进行尝试，平价化将是切入点。 法利直言："我们不打算做一款平价的混动林肯，但一款平价的电动林肯，再配合夸张的车身颜色选择 和高度个性化的内饰，就很有意义。"在他看来，当下豪华与大众市场的界限正在模糊，差异化不再依 靠传统动力或配置，而在于能否创造独特的消费体验。 （原标题：林肯电动化战略向下：福特CEO称"平价EV才有意义"） 2025年8月25日，美国蒙特雷汽车周期间，福特汽车公司首席执行官吉姆·法利（Jim Farley）在接受汽车 媒体 H ...

Core Insights - Suzuki plans to invest 700 billion rupees (approximately 8 billion USD) in India over the next five to six years to expand production, launch new models, and enhance electrification efforts [1] - The launch of the e-Vitara electric vehicle marks Suzuki's commitment to the Indian market, positioning it as a global hub for electric vehicle production [1][3] - The Indian government's "Make in India" initiative provides policy support for Suzuki's investment, aiming to transition India from a manufacturing powerhouse to a green manufacturing leader [2] Investment and Production - The investment will focus on expanding production capacity and localizing the supply chain, with a target of achieving about 80% localization in battery production through partnerships with Toshiba and Denso [2] - The Hansalpur factory in Gujarat is set to have an annual production capacity of 1 million units, becoming a key base for Suzuki's electric vehicle supply [1][3] Market Positioning and Competition - The e-Vitara targets the mid-size SUV segment, competing with local and multinational brands such as Tata, Mahindra, and Hyundai [1] - Despite being a leader in the traditional fuel vehicle market, Maruti Suzuki faces challenges in the electric vehicle sector, with Tata holding over 80% of the local EV market share [2] Strategic Implications - Suzuki's investment reflects a strategic shift towards green manufacturing, responding to both local market demands and global electric vehicle industry trends [3] - The company's approach to establishing a low-cost production base in India, combined with political backing, aims to strengthen its position in the competitive electric vehicle landscape [3]