下跌方面，医药概念集体下挫，舒泰神、济民健康等大跌。板块方面，能源金属、军工、AI应用等板 块涨幅居前，贵金属、医药等板块跌幅居前。 市场弱势震荡，沪指低开低走，深成指、创业板指尾盘跌幅有所收窄。沪深两市成交额1.91万亿，较上 一个交易日缩量473亿。截至收盘，沪指跌0.46%，深成指跌0.11%，创业板指跌0.2%。 盘面上，热点快速轮动，全市场100只个股涨停。锂电池产业链集体爆发，大中矿业3连板，丰元股份等 10余股涨停。福建板块延续强势，厦工股份10天5板，平潭发展、龙洲股份3连板。AI应用概念快速走 强，三六零、浪潮软件、宣亚国际等多股涨停。军工板块表现活跃，航天发展2连板。 ...

Core Insights - BMW Group is accelerating the localization of its intelligent driving technology in China, collaborating with local tech company Momenta to develop a new generation of intelligent driving assistance solutions tailored for the Chinese market [1][2] - The new system is set to debut in the domestically produced BMW iX3 model, which is scheduled for production and launch in 2026, and will subsequently be applied to other future BMW models [1] Group 1 - The core technology of the new solution is an AI-driven "perception-planning-control" integrated architecture, aiming to enable vehicles to understand complex road conditions and make decisions similar to human drivers [1] - The project employs a "virtual-real combination" testing approach, utilizing high-frequency virtual simulation tests at BMW's Munich driving simulation center and extensive real-world road testing across major Chinese cities [1] - The testing focuses on validating the system's performance in China's unique high-density traffic and complex conditions, leveraging over a billion kilometers of simulation data [1] Group 2 - This localized driving assistance system is part of BMW's transition towards "software-defined vehicles," integrating intelligent interaction, control, and driving assistance [2] - The new generation models will feature advanced interfaces such as a 3D head-up display and panoramic views, which will work in conjunction with the driving assistance system [2] - BMW's collaboration with Momenta represents an effort to merge global automotive safety engineering standards with cutting-edge AI technology in China, aiming to provide a safe and reliable intelligent driving experience tailored to local consumers [2]

继日本首富、软银孙正义后，又一亿万富翁出手，清仓了AI领域的核心龙头股——英伟达。 周末披露的文件显示，亿万富翁彼得·蒂尔（Peter Thiel）已经出售了其对英伟达（Nvidia）的全部持 股。 蒂尔是金融科技巨头 Paypal和国防AI公司Palantir的联合创始人，在投资领域也成绩斐然，不仅创立了 Founders Fund 等知名投资基金，还精准押注众多明星企业，比如早期投资 Facebook并获得巨额回报， 有着 "硅谷风投教父" 的称号。 蒂尔创立的蒂尔宏观基金（Thiel Macro Fund）提交的13F文件显示，蒂尔在7月至9月期间出售了约 537742股英伟达股票（占其投资组合的近40%），截至9月30日，他已不再持有英伟达任何股份。 相关测算显示，基于英伟达7月至9月期间的平均股价，此次出售股份的价值接近1亿美元。 目前尚不清楚蒂尔清仓英伟达背后的理由。 蒂尔今年早些时候曾警告英伟达估值过高，并将科技股估值飙升与1999-2000年互联网泡沫破灭进行了 类比。他曾警告称，人工智能的炒作周期远远领先于其真正的经济效益。 尽管最近股价明显回调，但英伟达仍是全球市值最高的公司，最近市值一度 ...

素有"华尔街一哥"之称的摩根大通CEO杰米•戴蒙（Jamie Dimon）近日警告称，信贷市场可能正在酝酿麻 烦。当时他形象地指出，"如果你看到一只蟑螂，往往意味着还有更多蟑螂存在。" 他当时是在评论次级汽车贷款机构Tricolour和汽车零部件供应商First Brands破产一事。而据罗森博格研究公 司（Rosenberg Research）称，有迹象表明，戴蒙所暗示的问题已经更为普遍。 该公司在最新报告中指出，"杰米•戴蒙看起来越来越正确——当信贷压力在家庭和企业部门积聚的迹象出现 时，总是有不止一只'蟑螂'。" 以下是"信贷蟑螂"可能潜伏的三大警告信号： 1.新增逾期贷款数量正在上升。 越来越多的贷款进入逾期还款状态。根据纽约联邦储备银行的数据，第三季度新增逾期贷款（即借款人逾期 还款至少30天的贷款）余额上升5.3%。这是自2014年以来的最高新增逾期率。 以下是第三季度贷款类型的分类： 汽车贷款：早期违约率为7.7% 信用卡贷款：早期违约率为8.8% 学生贷款：早期违约率为14.4% 抵押贷款：早期违约率为3.6% 2.更多的贷款严重逾期 更多的消费者也陷入了所谓的"严重"拖欠，即贷款还款逾期90 ...

今日，央行开展8000亿元买断式逆回购操作，智通财经记者梳理，今年11月，6个月期买断式逆回购到 期量为3000亿元，今日操作落地后，6个月期限买断式逆回购实现加量续做5000亿元。在此之前，央行 已于11月5日开展7000亿元3个月期买断式逆回购，由于当月有同样规模3个月期买断式逆回购到期，因 此月内为等量续做。 值得注意的是，这是央行连续6个月通过买断式逆回购向市场注入中期流动性。背后原因在于，一方面 11月政府债券净融资规模会明显上升，另一方面10月5000亿元新型政策性金融工具投放完毕，在带动当 月委托贷款走高后，接下来还会带动配套中长期贷款较快投放。此外，11月银行同业存单到期量也有明 显增加。 "以上因素都会在一定程度上收紧银行体系流动性，需要央行给予流动性支持。着眼于应对潜在的流动 性收紧态势，央行通过买断式逆回购向银行体系注入中期流动性，有助于保持资金面处于较为稳定的充 裕状态。"东方金诚宏观分析师王青指出，近期宏观经济出现下行波动，当前央行更大规模加量续作买 断式逆回购，释放了数量型政策工具持续加力的信号。 "今年以来，央行综合运用多种货币政策工具，既保持流动性'适度宽松'又维持'不满不溢' ...

中国商务部在本月表示，中方同意荷兰派员来华，就安世半导体问题磋商。(作者/箫雨) 傅恪礼表示，这一事件引发的紧张关系短期内不会对阿斯麦造成影响，并补充说这场危机最坏的时候已 经过去。 今年9月底，荷兰政府突然以国家安全为由接管芯片制造商安世半导体。安世半导体母公司闻泰科技 （600745）发表声明称，荷兰政府以莫须有的"国家安全"为由，对安世半导体实施全球运营冻结，是基 于地缘政治偏见的过度干预，而非基于事实的风险评估。 中国外交部对此表示，中方一贯反对泛化国家安全概念、针对特定国家企业采取歧视性做法。有关国家 应切实遵守市场原则，不要将经贸问题政治化。中方维护自身正当合法权益的决心坚定不移。 凤凰网科技讯 北京时间11月17日，据彭博社报道，光刻机巨头阿斯麦CEO傅恪礼(Christophe Fouquet)在 谈到安世半导体争端时表示，该事件在短期内不会影响阿斯麦，这场危机最坏的时候已经过去。 傅恪礼在荷兰电视节目《Buitenhof》上表示，这场危机凸显了供应链是多么脆弱以及为何对话对于防止 争端升级至关重要。他指出，安世半导体事件让人清晰地认识到半导体产业的重要性以及"生态系统是 脆弱的"。他强调，这 ...

Core Viewpoint - Apple is not delaying the release of iPhone Air 2 due to poor sales, but rather has no plans to release it next year, indicating a shift in their product strategy [1][2] Group 1: Product Release and Strategy - Apple has removed the "17" from the iPhone Air naming convention, suggesting it is not intended for annual updates [1] - Reports of the iPhone Air 2 being postponed are inaccurate; it was never scheduled for release next year [1] - The iPhone Air is expected to account for 6% to 8% of new iPhone sales, similar to the iPhone 16 Plus [1] Group 2: Technical Features and Upgrades - The main focus for iPhone Air 2 will be the adoption of a 2nm chip, enhancing battery life, rather than significant structural changes [2] - While adding a second ultra-wide rear camera is technically feasible, it may not be practical given the crowded camera module space [2] - Future designs, such as a foldable iPhone, may incorporate dual rear cameras, which could influence standard models [2] Group 3: Future Release Timeline - Apple plans to release three high-end models, iPhone 18 Pro, iPhone 18 Pro Max, and a foldable model in Fall 2026 [2] - The iPhone 18, iPhone 18e, and potentially the iPhone Air 2 are expected to launch in Spring 2027 [2]

在过去几周，美国官方数据的"缺失"，已逐渐引发了华尔街的恐慌，并加深了美联储官员之间关于是否 应在12月下次会议上连续第三次降息的分歧。 上周，多位美联储官员尤其是地方联储主席表示，缺乏数据是他们可能支持暂缓再次降息的原因之一。 而根据芝商所的美联储观察工具显示，利率市场交易员目前对美联储12月降息的概率预期已降至了44% ——要知道在上月美联储决议前，市场人士几乎还坚信年内三次降息(包括12月的降息)是板上钉钉的。 美国劳工部将于本周四公布9月份的非农就业数据，虽然这比原定的公布日期晚了差不多一个半月，但 对于金融市场而言，这份迟到的数据或许依然意义重大——这将标志着由联邦政府停摆43天造成的美国 官方数据荒即将正式结束…… 由于统计数据缺失，自夏末以来，美联储、企业、政策制定者和投资者们，对通货膨胀、就业创造、 GDP增长和其他衡量美国经济健康状况的指标基本上一无所知。 杰富瑞金融集团(Jefferies)经济学家Thomas Simons和Michael Bacolas上周五在一篇评论中写道，由于政 治僵局，美国劳工部劳工统计局和商务部经济分析局及人口普查局的30多份报告，在政府停摆期间被推 迟发布。 ...

Core Insights - The article highlights the decline of the live-streaming industry in Hangzhou, particularly symbolized by the once-bustling Lijing International building, which now faces high vacancy rates and reduced rental prices [1][2][6] - The live-streaming boom is over, with many streamers and e-commerce businesses struggling due to decreased traffic, high inventory, and increased return rates, leading to a mass exodus from the industry [2][10] - Despite the challenges, some industry professionals believe that Hangzhou remains a key hub for live-streaming, with opportunities still available for newcomers [2][30] Group 1: Industry Decline - Lijing International, once a vibrant hub for nearly 20,000 streamers, now has numerous vacant rental units, with prices dropping from over 3,000 to just above 2,000 [1][6] - The overall vacancy rate for office spaces in Hangzhou reached a historic high of 27.7% in Q2 2023, indicating a broader trend of businesses leaving the area [2] - The live-streaming industry's revenue has significantly decreased, with many streamers now earning less than before, leading to a reconsideration of career paths [2][10] Group 2: Personal Experiences - Many individuals, like Liu Hui, moved to Hangzhou with hopes of financial success, but are now facing challenges such as layoffs and reduced salaries [6][30] - Streamers report a drastic reduction in hourly wages, with some seeing their pay cut from 160 to 80 yuan per hour due to increased competition [10][11] - The pressure to maintain high performance and viewer engagement has led to mental and physical health issues among streamers, with some opting to leave the industry altogether [12][19] Group 3: Future Prospects - Despite the downturn, some believe that the live-streaming sector in Hangzhou still offers good opportunities for newcomers, especially for those with strong personal branding [30] - The article suggests that while the industry is facing challenges, it may still be a viable option for fresh graduates looking to quickly earn money and gain experience [30][32] - The shift towards short video platforms for e-commerce is noted as a potential new avenue for those leaving traditional live-streaming roles [30]

Core Viewpoint - Lei Jun, the founder of Xiaomi, emphasizes the importance of automotive safety in response to recent criticisms and accidents involving Xiaomi vehicles, asserting that safety is paramount and should not be compromised for aesthetics [5][6][8]. Group 1: Safety Emphasis - Lei Jun reiterated his commitment to automotive safety, stating that Xiaomi cars prioritize safety above all else, including passive, active, battery, and privacy safety measures [5]. - In a previous statement, he highlighted the rigorous safety standards applied to the battery, which is a critical and costly component of electric vehicles [5]. - Lei Jun's recent comments appear to be a direct response to public concerns and criticisms regarding the safety of Xiaomi vehicles, particularly following several accidents [5][8]. Group 2: Recent Accidents - Two serious accidents involving Xiaomi vehicles have raised significant public scrutiny, with one incident resulting in a fatality due to suspected drunk driving [6][7]. - The vehicles involved in these accidents were identified as the Xiaomi SU7 Ultra and SU7 standard version, with details indicating that the vehicles had safety features that were activated prior to the collisions [6][7]. - These incidents have intensified the media's focus on Xiaomi's automotive safety and have led to broader discussions about the company's public relations strategies [8]. Group 3: Public Relations and Market Impact - The recent accidents and subsequent media coverage have negatively impacted Xiaomi's stock price, which has seen a decline of 22% since early September, with a closing price of 42.36 HKD on November 14 [9]. - The impending change in Xiaomi's public relations leadership, with the departure of Wang Hua, has raised questions about the company's future communication strategies [8][9]. - Analysts suggest that Xiaomi needs to balance its marketing approach, which heavily relies on Lei Jun's personal brand, with the need to demonstrate product safety and reliability to mitigate negative perceptions [9][10].