Group 1 - The water and electricity industry is increasingly attracting various types of public funds due to its low valuation and high dividend characteristics, leading to a diverse range of fund products heavily investing in leading water power stocks like Changjiang Electric [1][2] - Changjiang Electric has a market capitalization of 721.8 billion yuan and has achieved positive stock price returns in 10 out of the last 12 years, making it a favored choice among different fund types, including A-share, Hong Kong stock, and global QDII funds [2][3] - Various thematic funds, such as dividend, state-owned enterprise, and environmental funds, have also heavily invested in Changjiang Electric, with some funds allocating over 9% of their portfolios to this stock [2][3] Group 2 - The bond fund sector, which typically has lower stock allocation needs, has also shown interest in Changjiang Electric, increasing its stock allocation from 0.16% to 6.22% within a few months, indicating strong preference for this stock [3] - The fundamental resilience of water power stocks, along with characteristics like corporate governance, cash flow, and low valuation, aligns with the high-quality stock selection criteria of public funds [4][5] - Changjiang Electric is projected to achieve an operating revenue of 84.492 billion yuan in 2024, a year-on-year increase of 8.12%, and a net profit of 32.5 billion yuan, reflecting a 19.28% growth, which is attractive in the current economic environment [4] Group 3 - The public fund industry is increasingly launching high-dividend products and index funds, which will likely lead to continued investment in quality water power stocks, supporting the real economy [7][8] - The market for clean energy generation is expected to expand significantly, driven by the overall increase in electricity demand and the transition to renewable energy sources, highlighting the long-term investment value of the green power sector [8]

Group 1 - The core viewpoint of the articles highlights the rising popularity of niche sports like pickleball, which is seen as having significant potential for growth in the sports consumption market, driven by lower entry barriers and social media influence [1][2][5]. - Pickleball's browsing volume on social media platforms has reached 140 million, with sales of equipment on Tmall increasing by over 1100% during the "6·18" shopping festival, indicating a strong consumer interest [2]. - Experts suggest that both niche and mainstream sports play different but positive roles in driving sports consumption, emphasizing the need to explore community events and optimize sports venue supply to better activate sports consumption [1][3][8]. Group 2 - Niche sports like pickleball and rock climbing reflect a trend towards refined demands and personalized experiences among younger sports consumers, indicating a shift in consumer preferences [3][4]. - The market for mainstream sports is larger due to a broader audience, while niche sports cater to more specific demographics, often resulting in higher price points for participation [4][7]. - Social media has amplified the visibility of niche sports, enhancing participation driven by social needs, and creating new business models for event organizers through live streaming and e-commerce [6][9]. Group 3 - Policies aimed at boosting sports consumption have been implemented, recognizing the potential of sports events to stimulate economic activity, with a notable increase in service consumption within the sports industry [8][10]. - Community sports events are seen as effective in integrating local consumption preferences, suggesting that they can be more cost-effective compared to high-profile international events [9][11]. - The importance of leisure time ("having free time") is emphasized as a critical factor for promoting sports consumption, alongside income levels, indicating that ensuring adequate time off is essential for increasing participation [10][11].

最新公告。 7月20日晚间，*ST紫天（300280）公告，公司股票可能被终止上市，自7月21日开市起停牌。 上周五（7月18日），*ST紫天股价大跌超13%，报2.74元/股，总市值4.44亿元。自今年以来，该股长期处于下行通道，累计跌幅已达87.01%。 另据深交所7月18日披露，在*ST紫天股价严重异常波动期间（7月11日—18日），买卖方均以自然人账户为主，其中，中小投资者在买入和卖 出榜单中均占据主导地位，累计买入8亿元，累计卖出7.61亿元，净买入3953万元。 | 公告日期 2025-07-18 | 严重异常期间 | 2025-07-11至2025-07-18 | | | | --- | --- | --- | --- | --- | | *ST紫天(300280) | 累计成交量 | 276,378,995.00 份/股 | 累计成交金额 | 992,967,267.87 元 | | 107 - C 2440 - 1 - 1 - 1 - 4 - 1 - | | | | | | 投资者分类 | 累计买入金额 | 市场占比 (%) | 累计卖出金额 | 市场占比(%) | | --- | --- ...

宏观·要闻 1—6月全国吸收外资4232.3亿元人民币 据商务部网站消息，2025年1—6月，全国新设立外商投资企业30014家，同比增长11.7%；实际使用外 资金额4232.3亿元人民币，同比下降15.2%。 从行业看，制造业实际使用外资1090.6亿元人民币，服务业实际使用外资3058.7亿元人民币。高技术产 业实际使用外资1278.7亿元人民币，其中，电子商务服务业、化学药品制造业、航空航天器及设备制造 业、医疗仪器设备及器械制造业实际使用外资分别增长127.1%、53%、36.2%、17.7%。 重要会议召开：战略矿产走私出口"零容忍、出重拳" 据商务部网站消息，2025年7月19日，国家出口管制工作协调机制办公室组织商务部、公安部等单位， 在广西南宁召开打击战略矿产走私出口专项行动推进会，总结通报前期进展成效，全面分析当前打私形 势，对专项行动进行再部署、再推进。 会议指出，专项行动启动以来，各有关部门深入贯彻落实党中央、国务院决策部署，成立专班、迅速行 动，制定方案、明确任务，对战略矿产走私出口"零容忍、出重拳"，不断加大执法办案力度，侦办了一 批战略矿产非法出口案件，抓获了一批走私犯罪嫌疑人， ...

6月30日，小鹏汽车CEO何小鹏曾发文称，自己下单了小米YU7，还希望雷军能尽快交付。 小米YU7二手车来了。 今年6月，小米新车YU7一上市就引爆车市，3分钟大定20万辆，18小时锁单24.8万辆，创造了国内汽车 行业的一个小纪录。 在这一片火爆场景下，小米YU7目前可谓是"一车难求"，预计交付时间需要大半年甚至超过一年的时 间。小米APP显示，目前标准版预计交付时间为57—60周，Pro版为49—52周，Max版为41—44周。 图片为标准版预计交付时间：57—60周 而距离7月6日小米交付首批小米YU7汽车不过半个月，市场上已出现了一批小米YU7 MAX版的二手 车。 二手车溢价数万元 而因为新车的持续火爆和交付时间过长，随着一部分小米YU7已经交付，目前市场上已出现了一批小米 YU7二手车，且溢价数万元。而首批小米YU7的新车在7月6日才刚刚交付，这也意味着这批二手车的购 买时间最多也不过半个月。 懂车帝小程序显示，目前全国有约78辆小米YU7"2025款超长续航高性能四驱MAX版"在售。 事实上，这一现象此前主要出现在电子产品领域，比如前几年苹果每次出新品手机，都有黄牛倒卖新手 机赚差价，而国内产品 ...

Core Viewpoint - Bullish, a company involved in cryptocurrency exchange and media, has filed for an IPO with the SEC, marking a significant event in the cryptocurrency industry following the listing of the first stablecoin company, Circle Internet [1][11]. Company Overview - Bullish was established in 2021, incubated by blockchain company Block.one and notable Silicon Valley investor Peter Thiel. The company operates primarily through two segments: Bullish Exchange, a regulated digital asset exchange, and Coindesk, a data and media business acquired in 2023 [3][4]. - Bullish Exchange focuses on institutional trading of digital assets, generating revenue through trading fees and spreads. It is regulated in Germany, Hong Kong, and Gibraltar, with additional licenses sought in other jurisdictions, including the U.S. [3]. - Coindesk's operations include CoinDesk Data, CoinDesk Indices, and CoinDesk Insights, providing market data, indices, and media coverage on digital assets. The company earns revenue through subscriptions, licensing fees, and advertising [4]. Financial Performance - Bullish's projected digital asset revenues for 2022, 2023, and 2024 are $72.89 billion, $116.49 billion, and $250.2 billion, respectively, with net profits expected to shift from a loss of $4.25 billion in 2022 to a profit of $1.3 billion in 2023 and $795.6 million in 2024 [7]. - As of Q1 2025, the company reported $802.3 million in revenue and a loss of $349 million. Its total trading volume since inception exceeds $1.25 trillion, with significant trading volumes in Bitcoin and Ethereum projected for 2024 [7]. Market Position and Competition - Bullish Exchange ranks among the top five platforms for Bitcoin and Ethereum trading, with a daily trading volume exceeding $2.5 billion in Q1 2025. Major competitors include Binance, Coinbase, and Kraken [7]. - Coindesk serves 171,000 users with real-time data and research, while its media site attracted 55 million unique visitors in 2024 [8]. Shareholder Structure - The company's executives collectively hold 73% of the shares, with the largest institutional shareholder, Pu Luo Chung VC, owning 12.8% [8].

（原标题：首次！中越将开展陆军联训） 最新消息。 潘文江说，在两党两国领导人引领推动下，当前越中关系发展势头良好，政治互信不断加强。越方坚定 奉行一个中国原则，支持中国国家统一事业。作为两国关系重要组成部分，两军合作不断深化、成效显 著。越方愿同中方携手努力，打造更加务实的安全合作支柱，更好造福两国和两国人民。 5月12日，越南海军"黎贵惇"号风帆训练舰驶抵广州某军港码头，开始为期5天的友好访问。这是"黎贵 惇"号风帆训练舰首次访问广州。 "黎贵惇"号风帆训练舰长67米、宽10米，标准排水量747吨。该舰来访对进一步增进中越两军友好关 系，加深两国海军交流合作具有重要意义。 综合自：国防部发布、国防部网站 责编：李丹 校对：冉燕青 据国防部发布消息，7月中下旬，中国与越南将在广西举行"携手同行—2025"陆军联合训练。这是中越 双方首次开展陆军联训，以"边境地区联合执勤训练"为主题，加强边境执勤经验互学互鉴，进一步深化 两军务实合作。 此前，4月16日至17日，国防部长董军与越南国防部长潘文江共同主持中越第九次边境国防友好交流活 动，并举行会谈。 彼时，董军说，中共中央总书记、国家主席习近平刚刚成功对越南进行 ...

非必要不出门。 7月20日凌晨3时，广东省珠海市气象台发布珠海市台风红色预警信号。凌晨5时，江门台山市气象台和 新会区气象台将台风橙色预警信号升级为红色。 早上6时，广东省气象台发布消息，台风"韦帕"的中心离广东陆地相当近，其螺旋雨带自东向西甩向广 东，台风韦帕将横扫广东沿岸。 防御指引： 中小学校、幼儿园、托儿所停课，建议用人单位停工（特殊行业除外），并为滞留人员提供安全 的避风场所； 人员应尽可能待在防风安全的地方，相关应急处置部门和抢险单位随时准备启动抢险应急方案； 当台风中心经过时，风力会减小或静止一段时间，切记强风将会突然吹袭，应继续留在安全处避 风。 西沿海、北部湾的风力可达8—11级，阵风12—13级，台风中心经过的附近海域和地区的风力有12—14 级，阵风15—16级。 台风"韦帕"不深入内陆，将贴着广东海岸线西行，整体损耗较小，海南、广东、广西强风雨影响将持续 三天。 截至7月20日6时08分，广东省有84个台风预警（4红16橙40黄14蓝10白）、27个暴雨预警（8橙19黄）和 25个雷雨大风预警（6橙19黄）生效，请各地民众注意做好防风防雨措施。 台风"韦帕"7级风圈已覆盖整个珠三角或以 ...

（原标题：今日，入伏！） 十年"超长待机"的三伏天 今年终于按下"暂停键" 今日入伏 全程30天 今年的三伏天时长虽短 但威力不减 6月起 全国各地已开启"闷蒸模式" 今年6月21日夏至 从夏至日算起 第一个庚日是6月30日（庚午日） 第二个庚日是7月10日（庚辰日） 高温预警频发 " 伏者，谓阴气将起，迫于残阳而未得升， 故为藏伏，因名伏日。 ——《汉书·郊祀志注》 "三伏" 是指初伏、中伏、末伏三个时段 初伏开始于夏至后的第三个庚日 中伏开始于夏至后的第四个庚日 末伏则开始于立秋后的第一个庚日 第三个庚日是7月20日（庚寅日） 于是7月20日就成了今年初伏的起始日 为何今年的三伏只有30天？ 今年的三伏共计30天 7月20日至29日为初伏（10天） 7月30日至8月8日为中伏（10天） " 8月9日至18日为末伏（10天） 夏至至立秋间只有四个庚日 因此中伏的天数是10天 "三伏"长度为30天 生津养胃 用餐时的配菜可选择 今年"秋包伏"的格局 （末伏全在立秋后） 正应了农谚"热得哭"的警示 立秋后的末伏余热持续发威 因此 掌握正确的消暑方法十分重要 小编给大家总结了"三宜三忌" 希望大家度过舒适健康的三 ...

（原标题：日本政坛，重磅事件！创下历史新高） 当地时间20日7时，日本国会参议院选举投票正式开始。除部分地区外，投票时间到当地时间20时为 止。 日本总务省19日表示，截至18日，日本已经有超过2145万人进行了参议院选举的提前投票，创下历史新 高。 据了解，日本参议院额定议席为248个。参议员任期6年，每三年改选一半议席。本次参院选举将围绕改 选的124席和东京选区补选的1席，总计125席展开争夺。执政的自民党及公明党的非改选参议员总数为 75人。执政党若想获得参议院过半数议席，需在本次参议院选举中总计获得至少50个席位。 据日本媒体说法，这次参议院选举结果将左右石破内阁的命运。 石破茂出任日本首相后，自民党在两场主要选举中均表现欠佳。在去年10月举行的国会众议院选举中， 执政联盟的席位未过半数，成为少数派执政。在今年6月举行的被视为参议院选举"前哨战"的东京都议 会选举中，自民党遭遇惨败，所获议席数创历史新低。按日本媒体说法，这次参议院选举结果将左右石 破内阁的命运。 分析人士指出，执政联盟一旦在这次选举中失利，将继去年在众议院成为少数派后，又在参议院丧失多 数地位，首相石破茂领导的政府执政将更加困难。而 ...