智通财经9月22日讯（记者 李洁）9月22日，国务院新闻办公室举行"高质量完成'十四五'规划"系列 主题新闻发布会，金融监管部门详细介绍了"十四五"时期金融业发展成就。 住建部与金融监管总局此前明确，将继续扩大"白名单"覆盖范围，让更多房地产项目获得融资支 持。 "协调机制直接针对房地产项目融资难题，而不是简单地向开发商注入流动性，这有助于精准支持 保交楼工作。"一位房地产行业分析师指出。 分析人士指出，金融监管部门在"十四五"期间打出的政策组合拳已初见成效，未来房地产金融政策 预计将延续现有思路，一方面继续通过融资协调机制支持保交楼工作，另一方面稳步推进保障性住房建 设等"三大工程"，促进房地产市场平稳过渡。 其中，房地产金融政策成效显著，特别是城市房地产融资协调机制的建立，成为化解房地产风险的 关键举措。 国家金融监督管理总局局长李云泽在发布会上表示，该机制通过"白名单"项目发放贷款超过7万亿 元，支持近2000万套住房建设交付，有力保障了广大购房人的合法权益。 发布会主要回顾"十四五"成就，不涉及短期政策调整，但潘功胜强调货币政策"以我为主"的思路， 表示将"根据宏观经济运行情况和形势变化，综合运用多种 ...

Core Points - The technology development originated from research on a "side-insertion battery swapping" method, leading to the idea of ejecting the battery in extreme situations to prevent greater damage to the vehicle [1] - The activation of the ejection feature is strictly limited by technical conditions, with a core principle established that "no ejection if unsafe" [1] - The system is designed to only trigger the ejection mechanism in absolutely safe environments, prohibiting activation in densely populated areas or mixed traffic zones [1] - The project team acknowledged that early communication failed to clarify these safety measures, leading to public misunderstanding [1] - The technology is still in the early testing phase, with significant development needed before it can be commercialized [1] - The aim of this exploration is to investigate more safety mechanisms for future electric vehicles, recognizing that many mature technologies evolve from seemingly imperfect initial stages [1] Additional Information - The vehicles used in the tests were independently procured by the team and are not affiliated with any automotive manufacturers, urging the public not to misattribute blame to any car companies [2] - The team plans to continue sharing more technical details in a rigorous and transparent manner to foster public understanding and witness the growth of the new technology [2]

凤凰网科技讯 北京时间9月23日，英伟达周一宣布计划向OpenAI投资高达1000 亿美元，以支持后者建 设AI数据中心。《商业内幕》对此表示，即便对于英伟达这样财大气粗的巨头来说，这笔钱也不是个 小数目，用金融界的专业术语来说就是天文数字。 那么，这1000亿美元是个什么概念呢？它相当于： * 2 个哈佛大学的捐赠基金规模（每个536亿美元）。(作者/箫雨) * 2万辆科尼赛克Regera超跑（奥特曼拥有一辆，每辆500万美元。可惜这款车只生产了85辆）。 *比尔·盖茨(Bill Gates)的净资产（约1060亿美元）。 * 50场泰勒·斯威夫特"时代巡回"演唱会的总收入（每场约20亿美元）。 * 美国缅因州2024年的全年生产总值（约980亿美元）。 * 耐克公司的总市值（约1050亿美元）。 * 333名Meta人工智能研究员的薪资 （据传每人高达3亿美元）。 * 100个2013年的Instagram（当时脸书以10亿美元收购了它）。 ...

Core Viewpoint - After the launch of the iPhone 17, Apple's stock price increased, recovering all losses for 2025 within two trading days, indicating strong market demand for its new products [1] Group 1: Stock Performance - As of Monday's close, Apple's stock rose by 4%, with a year-to-date increase of over 2%, making it one of the latest large tech companies to return to growth [1] - Despite the recent recovery, Apple's stock performance in 2025 still lags behind other large tech companies, primarily due to lower investments in AI chips and data centers compared to competitors [1] Group 2: Product Launch - Apple launched new products including the iPhone, Apple Watch, and AirPods, with the mid-range $999 iPhone Air featuring a significant design overhaul for the first time in years [1] - Early order wait times for the new iPhone suggest strong demand, particularly in the Chinese market [1] Group 3: Competitive Concerns - Apple has delayed a key upgrade to its Siri assistant until 2026, raising concerns about its integration of AI technology compared to competitors like Google and Microsoft [1]

凤凰网科技讯 北京时间9月23日，据CNBC报道，英伟达和OpenAI周一宣布，英伟达将向OpenAI投资高 达1000亿美元，以支持后者建设价值数千亿美元、基于英伟达AI处理器的数据中心。随后，英伟达 CEO黄仁勋(Jensen Huang)、OpenAI CEO萨姆·奥特曼(Sam Altman)接受了采访，回应了这一合作。 两家公司在周一表示，OpenAI计划建设并部署需要10吉瓦电力的英伟达系统。吉瓦是一种功率单位， 如今越来越多地被用来描述大型AI芯片集群。 黄仁勋在加州圣何塞对CNBC表示，10吉瓦电力相当于400万到500万块GPU，这与公司今年的出货总量 相当，"是去年的两倍"。 "这是一个庞大项目。"黄仁勋在采访中说。他与OpenAI CEO奥特曼以及总裁格雷格·布罗克曼(Greg Brockman)一同接受了采访。 据知情人士透露，英伟达的首笔100亿美元投资将在首个1吉瓦数据中心完成时到位。该人士表示，投资 将按届时的估值进行。 奥特曼在采访中表示："接下来几个月，你们应该对我们抱有很高的期待。OpenAI必须把三件事做好： 第一，必须进行出色的AI研究；第二，必须打造人们真正想使用的产 ...

Core Viewpoint - Mark Spitznagel, known as the "crash hunter," warns that the current market resembles the early stages of 1929, suggesting a potential significant downturn after a period of optimism [3] Group 1: Market Conditions - Spitznagel believes the current bull market may face severe consequences due to repeated government interventions, likening it to a forest fire that has been quickly extinguished, leading to an accumulation of dry branches [3] - He predicts that the S&P 500 index could soon reach 8000 points, approximately 20% higher than its opening on Monday [3] - Historical data shows that the S&P 500 index often rises significantly before a bear market, with an average annual return of 26% in the 12 months leading up to bear markets since 1980 [4] Group 2: Investor Behavior - Institutional investors' exposure to stocks has reached its highest level since November 2007, while American households' stock allocation has surpassed levels seen during the internet bubble [5][6] - The risk premium required for investment-grade bonds has fallen to its lowest level since 1998, indicating a shift away from caution among investors [6] - Spitznagel emphasizes that the greatest risk for investors is not the market itself, but their own behavior, suggesting that many fail to maintain a long-term perspective [7] Group 3: Investment Strategies - Spitznagel advocates for purchasing tail-risk protection tools, such as out-of-the-money put options, which may incur losses most of the time but can yield substantial returns during extreme market downturns [6] - He advises retail investors against frequently adjusting their portfolios in response to panic headlines, as this approach can be costly [7]

Group 1: Market Performance - The Dow Jones index rose by 0.14% to close at 46,381.54 points, the S&P 500 increased by 0.44% to 6,693.75 points, and the Nasdaq index gained 0.70% to reach 22,788.98 points [2] - Nvidia's stock surged by 3.9%, reaching a historical high with a market capitalization approaching $450 billion [2] - Oracle's stock increased by 6% following the announcement of new co-CEOs, contributing to a cumulative rise of 45% for the month [3][12] Group 2: Major Company Announcements - Nvidia announced a partnership with OpenAI, involving an investment of up to $100 billion to build and deploy at least 10 gigawatts of AI data centers, equivalent to the electricity consumption of 8 million U.S. households [6][7] - Apple saw a stock increase of over 4% due to strong sales of the iPhone 17, with Wedbush raising its target price for Apple from $270 to $310, indicating a potential "real upgrade cycle" [8] - Pfizer is reportedly close to acquiring Metsera for $7.3 billion, with the stock of Metsera rising by 60.8% following the news [9][11] Group 3: Economic and Political Context - The U.S. government shutdown risk is still affecting market performance, as the Senate rejected temporary funding proposals [3][4] - CFRA Research's chief investment strategist indicated that AI-related trading could continue to drive earnings per share (EPS) and stock price growth until 2026 or beyond [2]

Core Viewpoint - The company, Zhuanzhuan, has announced the gradual shutdown of its C2C marketplace, shifting focus to an "official verification" business model, which raises questions about its competitive strategy and future growth potential in the second-hand market [2][6][10]. Market Context - The Chinese second-hand market is projected to exceed 3 trillion yuan, indicating a vast potential for growth [6]. - Zhuanzhuan has historically operated under the shadow of larger competitors like Xianyu and Aihuishou, lacking strong e-commerce backing [6][10]. Competitive Landscape - Zhuanzhuan's reliance on advertising to maintain its C2C presence has proven costly and ineffective compared to the community-driven approach of Xianyu, which benefits from Alibaba's ecosystem [6][9]. - Xianyu has over 600 million registered users, with a significant portion being active Gen Z users, highlighting its strong market position [9]. Business Model Challenges - The C2C segment has been financially burdensome for Zhuanzhuan, with CEO Huang Wei admitting to nearly 200 million yuan in subsidies to support this business line [7]. - Zhuanzhuan's previous attempts to pivot towards a C2B2C model included quality verification services, but recent controversies have undermined consumer trust [10][11]. Strategic Shifts - Zhuanzhuan has made several strategic pivots, including a recent acquisition of Hongbulin and a focus on the luxury second-hand market, which aims to address consumer demand for quality assurance [12][13]. - The launch of "Super Zhuanzhuan," a multi-category second-hand store, represents a significant shift towards offline retail, catering to consumer preferences for tangible product experiences [13]. Risks and Future Outlook - The decision to exit the C2C market may lead to user attrition as consumers migrate to platforms that still support peer-to-peer transactions [14]. - Zhuanzhuan's approach contrasts with competitors like Xianyu and Dewu, which continue to embrace C2C models, suggesting potential long-term implications for Zhuanzhuan's market relevance [14][15].

Group 1 - The A-share market has entered a "slow bull" phase following the implementation of the "924 policy package," with significant index gains observed since its introduction [1][2] - Major indices have shown substantial increases, with the North Securities 50 and Sci-Tech 50 indices doubling in value, while the CSI 300 index rose over 40% [1][2] Group 2 - The central bank and regulatory authorities have introduced a series of financial policies aimed at stabilizing the stock market, including liquidity support measures and incentives for stock buybacks [3][5] - The central bank has launched two key monetary policy tools to support the capital market, including a swap facility for non-bank financial institutions and a special re-lending program for stock buybacks, with over 1,000 billion yuan in operations conducted [3][5] Group 3 - Regulatory bodies have accelerated the entry of long-term funds into the market, with insurance funds' trial scale reaching 222 billion yuan, and a long-cycle assessment mechanism for state-owned insurance companies has been implemented [6][7] - The insurance sector's investment in stocks has significantly increased, with major insurers raising their stock investment proportions compared to 2023 [8][9] Group 4 - The capital market is making strides in supporting technological innovation, with new policies aimed at facilitating mergers and acquisitions for tech companies [10][11] - The introduction of a "technology board" in the bond market aims to support financing for technology firms, while public funds are launching thematic funds to invest in innovation [12] Group 5 - Systematic reforms in the public fund industry have been initiated, focusing on enhancing investor interests and promoting long-term investment strategies [13][14] - The introduction of floating fee rate funds and a series of fee reductions are expected to lower investment costs for investors, with significant annual savings projected [15]

凤凰网科技讯 9月22日，MediaTek正式发布天玑9500旗舰5G智能体AI芯片，该产品采用第三代3纳米制 程工艺，搭载全大核CPU、GPU等多项高算力单元，在端侧AI、影像处理、游戏体验和通信技术方面实 现多项提升。 天玑9500的全大核CPU架构包含1个主频4.21GHz的C1-Ultra超大核，以及3个C1-Premium超大核和4个 C1-Pro大核，集成矩阵运算指令集SME2，支持4通道UFS 4.1闪存架构。官方数据显示，其单核性能较 上一代提升32%，多核性能提升17%，超大核功耗相较上一代X925峰值性能下降低55%，多核功耗相较 上一代峰值性能下降低37%。 图形处理方面，天玑9500搭载G1-Ultra GPU，峰值性能提升33%，光线追踪渲染性能提升119%，该芯片 搭载全新GPU Dynamic Cache架构、天玑星速引擎-倍帧技术3.0等业界领创的图形处理技术，并支持虚 幻引擎5.6 MegaLights和5.5 Nanite技术，旨在提升手游画面的流畅度与画质表现。 在AI方面，芯片集成双NPU设计，其中NPU 990峰值AI性能提升111%，支持4K文生图及BitNet 1 ...