8月5日，记者从国家医保局了解到，按照国务院关于优化药品集采措施的部署要求，国家医保局坚 持"稳临床、保质量、防围标、反内卷"的原则，会同相关部门优化完善集采措施，指导国家组织药品联 合采购办公室(下称"药品联采办")积极推进第11批国家组织药品集采，确定了55种药品拟纳入采购范 围。 在朱克力看来，国家医保局相关举措，能有效遏制恶性低价竞争。企业不能再盲目压价，而是要综合考 虑成本、质量等因素合理报价，将促使企业把精力从价格战转移到提升药品质量和研发创新上。从医药 行业整体看，有利于形成良性竞争环境，让真正有实力、有创新能力的企业脱颖而出，推动整个行业向 高质量发展迈进。 国家医保局表示，下一步，药品联采办将按程序起草发布采购标书，并进一步核查申报投标企业的资质 及企业间关联关系。 国家医保局副局长施子海近日在国新办发布会上表示，在第11批药品集采工作中，国家医保局研究优化 了具体的采购规则。在中选规则方面，优化了价差计算的"锚点"，不再以简单的最低价作为参考，同时 报价最低企业要公开说明报价的合理性，并承诺不低于成本报价。 国研新经济研究院创始院长朱克力向证券时报记者表示，过去简单以最低价作为药品集采参考 ...

Core Viewpoint - The article highlights a significant shift in Citigroup's outlook on gold, moving from a bearish to a bullish stance, with an increased price forecast for gold due to expectations of Federal Reserve rate cuts and ongoing geopolitical risks [1][3]. Group 1: Citigroup's Revised Gold Forecast - Citigroup has raised its three-month gold price forecast from $3,300 to $3,500 per ounce, with the trading range adjusted from $3,100-$3,500 to $3,300-$3,600 [1]. - The bank's previous prediction in June suggested that gold prices would fall below $3,000 in the coming quarters, indicating a notable change in sentiment [1][5]. - Factors contributing to this revised outlook include anticipated economic growth concerns in the U.S., inflation worries related to tariffs, and a weaker dollar [1][3]. Group 2: Demand Dynamics for Gold - Since mid-2022, total gold demand has increased by over 33%, contributing to a near doubling of gold prices in Q2 of this year [4]. - Strong investment demand, ongoing purchases by central banks, and resilient jewelry demand are key drivers of the rising gold prices [4]. - In Q2, global gold demand reached 1,249 tons, a 3% year-on-year increase, with significant inflows into gold ETFs and a notable rise in gold bar and coin investments [12][14]. Group 3: Economic Indicators and Market Reactions - Recent U.S. labor data has shown weakness, with non-farm payrolls increasing by only 73,000 in July, significantly below expectations, which has fueled speculation about potential rate cuts by the Federal Reserve [8][10]. - The market is reacting to perceived economic weaknesses and adjusting gold prices accordingly, with gold futures recently surpassing $3,400 per ounce [8]. - Analysts suggest that the current market dynamics are influenced by a combination of fiscal expansion and anticipated monetary easing, providing a solid foundation for gold prices [8].

Core Insights - Company Unitree Technology has launched a new quadruped robot, Unitree A2, which weighs approximately 37 kg, has a range of 20 km, a maximum running speed of 5 m/s, and can climb heights of up to 1 meter [1] - The A2 can navigate rough terrains and carry a person weighing up to 100 kg, equipped with a 3D perception system [1] - Earlier in July, Unitree released the humanoid robot Unitree R1, priced at 39,900 RMB, which is significantly lower than its predecessor, aiming to make humanoid robots more accessible [3] - Unitree has established a diverse product line, including various quadruped and humanoid robots, positioning itself for scalable development in the market [4] - The company reported a revenue exceeding 1 billion RMB for 2024, marking significant growth and profitability in the robotics sector [4] - Unitree is preparing for an IPO, which could enhance its funding capabilities and potentially shift the market dynamics towards technology leaders [5] Product Development - The Unitree A2 quadruped robot is designed for industry applications, showcasing advanced mobility and load-bearing capabilities [1] - The Unitree R1 humanoid robot features a lightweight design and supports various functionalities, including voice and image recognition [3] - Unitree's product portfolio includes multiple models of quadruped robots and humanoid robots, indicating a strong commitment to innovation and market expansion [4] Market Position - Unitree's pricing strategy for the R1 is seen as a disruptive move in the humanoid robot market, potentially accelerating price reductions across the industry [3] - The company has achieved a market share of over 60% in the global consumer quadruped robot segment with its Unitree Go1 model [4] - Unitree's upcoming IPO is expected to attract more investment into the robotics sector, enhancing its competitive edge against smaller players [5]

Group 1: Federal Reserve Chair Candidates - Trump criticized Powell for delaying interest rate cuts and narrowed potential candidates for the next Federal Reserve Chair to four, including Kevin Walsh and Kevin Hassett, while ruling out Treasury Secretary Scott Bencet [3] - Trump mentioned the opportunity to utilize the vacant position left by Adriana Kugler to select the future Fed Chair, following her resignation [3] Group 2: Drug Tariffs - Trump plans to impose tariffs on imported drugs that could eventually reach 250%, marking the highest rate he has threatened so far [4] - Initially, he intended to start with a lower tariff, increasing it to 150% over one to one and a half years, before potentially raising it to 250% [4] - The administration's investigation under Section 232 aims to assess the impact of imported goods on national security, with Trump urging pharmaceutical companies to lower drug prices by September 29 [4] Group 3: Tariffs on Indian Imports - Trump announced plans to significantly increase tariffs on Indian imports within 24 hours, previously stating a 25% tariff on goods exported from India to the U.S. [6] - He criticized India as the country with the highest tariffs and a poor trade partner, citing their purchase of Russian oil and subsequent resale for profit [7] - The Indian government expressed intentions to negotiate for lower tariffs and is considering increasing imports of natural gas and communication equipment from the U.S. [7] Group 4: Banking Discrimination Claims - Trump claimed discrimination from JPMorgan Chase and Bank of America, stating they refused to open accounts for him, which he attributed to pressure from regulatory agencies during the Biden administration [9][11] - JPMorgan Chase denied any political discrimination, emphasizing their commitment to regulatory reform [11]

8月5日，万科A(000002.SZ)发布公告称，公司第一大股东深圳市地铁集团有限公司(简称深铁集团)向公司提供不超过16.81亿元借款。 此次借款用于偿还公司在公开市场发行的债券本金与利息，以及经出借人同意的指定借款利息。借款期限不超过3年。借款利率定价基准为每笔借款提款 日前一工作日全国银行间同业拆借中心公布的1年期贷款市场报价利率(LPR)，浮动点数为减66个基点，目前为2.34%。 截至目前，深铁集团持有万科27.18%股权，为公司第一大股东。今年年初至本公告披露日，深铁集团已累计向万科提供借款226.88亿元(不含本次借款)。 其中，自万科于2025年6月27日召开2024年度股东大会以来，深铁集团已分批次提供以下款项及相关安排：新增借款62.49亿元、展期借款8.9亿元、新增借 款8.69亿元并提供资产抵质押，以及就已有借款15.51亿元提供了万物云股权质押作为担保。 近段时间以来，深铁集团对万科的支持频率似乎有所加快。就在7月30日，万科发布公告称，公司第二十届董事会第二十次会议审议通过关于深铁集团向 公司提供不超过8.69亿元借款的议案。而在7月3日，万科发布公告称，深铁集团向公司再提供不超过 ...

A股市场披露2025年半年报的公司合计已超过100家。 总体来看，目前已披露2025年半年报的公司中，归属于上市公司股东的净利润同比正增长的公司居多，占比超过六成。另外值得注意的是，多家行业龙头 公司业绩表现稳健。 披露2025年半年报公司已超100家 A股市场上市公司2025年半年报正如火如荼披露中，截至发稿，披露相关半年报的A股上市公司数量合计已超过100家。 另外，包括同洲电子、华康洁净、澄星股份、凯美特气、光智科技、东安动力在内的多家公司2025年上半年归属于上市公司股东的净利润同比实现扭亏为 盈。 | 1.00 | | F 10 | | --- | --- | --- | | 10 3 | 1 | 1 1 | 龙头公司上半年业绩稳健 值得注意的是，在已披露2025年半年报的公司中，多家行业龙头公司业绩总体表现稳健。 比如动力电池龙头宁德时代日前披露的2025年半年报显示，公司2025年上半年实现营业收入1788.86亿元，同比增长7.27%，实现归属于上市公司股东的净 利润304.85亿元，同比增长33.33%。 宁德时代在半年报中介绍，报告期内公司持续推出创新产品。乘用车领域，公司发布了二代神行超 ...

Core Viewpoint - The Hong Kong stock market is experiencing a peak in mid-term earnings forecasts, with several companies seeing significant stock price increases due to strong financial data and strategic positioning, while others face declines due to poor performance [1] Group 1: Company Performance - Xindong Company expects revenue of at least 3.05 billion yuan for the first half of 2025, a 37% increase from 2.22 billion yuan in the same period last year, and a net profit of no less than 790 million yuan, up approximately 215% from 251 million yuan [2] - Yipai Sunshine anticipates revenue between 450 million and 480 million yuan, representing a year-on-year growth of 8.77% to 16.03%, and a net profit between 14.5 million and 16.5 million yuan, reflecting a significant increase of 1350% to 1550% [6] - AsiaInfo Technologies reported a revenue of approximately 2.598 billion yuan, a 13.2% decrease year-on-year, and a net loss of about 202 million yuan, which, excluding one-time severance costs, results in a net loss of approximately 48 million yuan [8][10] Group 2: Stock Price Movements - Following the earnings forecast, Xindong Company's stock price surged over 26%, reaching a high of 71.90 HKD, closing at 70.80 HKD, up 24.76% [4] - Yipai Sunshine's stock price increased by over 18%, peaking at 15.93 HKD, and closing at 15.05 HKD, an 11.65% rise [6] - AsiaInfo Technologies' stock initially dropped 2.62% but later rebounded, showing a maximum increase of over 8% during trading [8] Group 3: Market Trends and Expectations - Analysts predict that the AI industry will see explosive growth in 2025, with AsiaInfo reporting a 76-fold increase in revenue from AI model applications and a 78-fold increase in order volume [10] - The market is expected to shift focus to 2026 earnings forecasts after the mid-year reporting period, with a median EPS growth rate of 5% to 10% for Hang Seng Index constituents, and nearly 40% of stocks expected to see EPS growth exceeding 10% [14] - The market may exhibit a "high-cut-low" trend in the second half of the year, favoring sectors with improved sentiment and valuation, such as e-commerce and gaming, while cyclical sectors may accelerate bottoming out due to "anti-involution" trends [14]

8月5日，上纬新材复牌，上午开盘后迅速拉升，尾盘封住20cm涨停。截至收盘，上纬新材股价为110.48元/股，总市值飙至446亿元。今年以来，上纬新材 累计涨幅已达到1565.65%。 上交所再次提醒投资者关注风险，审慎参与，合规交易。 上交所最新通报！ 当晚，上纬新材再次发布股票交易风险提示公告称，目前公司基本面未发生重大变化，公司股票交易价格已严重脱离基本面；如公司股价进一步上涨，公 司可能再次申请连续停牌核查。 8月5日晚间，上交所发布情况通报称，部分投资者在交易上纬新材股票过程中存在影响市场正常交易秩序、误导投资者正常交易决策的异常交易行为，上 交所依规对相关投资者采取了暂停账户交易的自律监管措施。 记者观察到，在上交所督促下，上纬新材已连续11次揭示股票交易风险，提示股票价格脱离当前基本面风险、业绩下滑风险、收购方在未来十二个月没有 资产注入等明确安排、换手率显著高于前期水平、公司外部流通盘较小、市盈率显著高于同行业水平等风险，并自7月31日至8月4日停牌核查3个交易日。 此外，7月25日、8月1日和8月5日，上交所连续3次点名上纬新材，声明对公司股票进行重点监控。 经历停牌核查后，"出关"后的10 ...

Group 1 - The annual campus recruitment season has begun, with ByteDance launching its 2026 campus recruitment, offering over 5000 positions, a significant increase from the 4000+ positions in 2025 [1] - ByteDance's recruitment for R&D positions has increased by 23% year-on-year, with the highest growth in algorithm, front-end, and client-side roles [1] - Various business teams within ByteDance, including Douyin, e-commerce, Volcano Engine, Feishu, and Jianying, are releasing a large number of positions, particularly for popular roles like product managers and data analysts [1] Group 2 - In the competitive AI landscape, talent has become a crucial asset for tech giants, with ByteDance initiating the "Jin Dou Yun Talent Program" to recruit top technical talent globally [2] - ByteDance's TopSeed talent program targets outstanding campus talents in AI research, focusing on fields such as machine learning, artificial intelligence, and computer vision [2] - ByteDance emphasizes a talent philosophy that values potential over experience, providing ample growth opportunities and resources for new hires [2] Group 3 - Other tech giants like Alibaba and Tencent are also ramping up campus recruitment, particularly for AI-related positions, due to a severe shortage of AI talent [3] - According to a report, five out of the top 20 most sought-after positions in 2024 are AI-related, highlighting the demand for roles such as algorithm engineers and intelligent engineers [3] - McKinsey predicts that by 2030, the demand for AI professionals in China could reach 6 million, with a potential talent gap of 4 million [3] Group 4 - Companies are offering high internship salaries to attract AI talent, with ByteDance's TopSeed program reportedly offering a daily wage of 2000 yuan, significantly above market rates [4] - The competition for AI talent is intense, leading to increased capital expenditure and resource investment in the AI sector by major tech firms [4] - The ongoing "talent war" in the AI field is expected to continue as companies strive to secure top talent [4]

美团、京东最新动作。 8月5日，美团宣布，即日起，正式启动中小商户发展扶持计划，向中小商户发放助力金，支持更多餐饮小店实现稳定增长。预计到今年年底，美团助力金 将新增覆盖超10万家餐饮小店，单店助力金最高5万元。 京东则发力线下折扣超市。8月5日，证券时报记者从京东方面获悉，8月份京东将在江苏宿迁、河北涿州两地五店同开，落地京东折扣超市。与目前行业 内已有的小店型、SKU（最小存货单位 ）少的折扣超市不同，京东折扣超市依靠供应链优势，采取大店型、多SKU的运营模式，首个涿州京东折扣超市 门店面积达5000㎡，精选超5000款高性价比的民生商品，价格将普遍低于市场常规售价。 据介绍，京东折扣超市是国内首个大型折扣超市业态。早在一年前，京东华冠折扣超市就率先在北京进行了试点，分别在去年6月份和12月份在房山开出 两家门店，并提供线下选购与线上便捷下单的双重服务，消费者既可在门店直观感受商品即时提货，也可通过京东APP等线上秒送入口轻松下单。 京东折扣超市在开设的区域、门店面积、SKU数量、线下运营优势上与目前行业内已有的折扣超市均不相同，最核心的不同就是京东供应链上的优势，京 东高效的产地直采以及京东自有品牌，同 ...