在复杂多变的市场环境中，稳健而专业的固收投资能力始终是资管机构穿越周期、行稳致远的关键支 撑。近期，多家权威评级机构陆续公布最新评级结果。截至2025年末，鹏华固收·黄金战队再次凭借扎 实的长期业绩，在多项能力评选中获得高度认可：荣获国泰海通证券债券投资能力十年、五年及三年期 五星评级，济安金信纯债型基金管理能力五年期五星评级，以及天相投顾主动债券投资三年期AAAAA 评级。这些来自不同维度的专业认可，共同印证了鹏华固收在长期投资管理、风险控制与可持续回报创 造方面的综合实力。 此次评级覆盖三年、五年乃至十年不同时间跨度，体现了鹏华固收在不同市场阶 段中的持续适应能力与业绩稳定性。尤为突出的是国泰海通证券同时授予十年、五年及三年三期五星评 级，这在国内固收领域并不多见，反映出鹏华固收在长周期内策略的有效性与团队的持久生命力。该团 队能够跨越包括债市牛熊转换、信用风险事件、宏观政策调整在内的多轮市场周期，持续保持领先评 级，进一步证明了其投资体系具备扎实的韧性。从固收+到纯债到债券指数，各类型债基产品斩获五星 评级 权威评级的背后，是产品实实在在的长期业绩支撑。鹏华固收旗下多只产品不仅在中长期机构评级中屡 获殊 ...

公募基金行业步入高质量发展阶段。为了深入贯彻落实《国务院关于加强监管防范风险推动资本市场高 质量发展的若干意见》，中国证监会5月发布《推动公募基金高质量发展行动方案》，为公募基金行业 高质量发展指明了方向。 一家企业、一个行业，必须为客户、为社会作出应有的贡献，在此过程中获得一定收益，这样的商业模 式才能持续，公募基金也是如此。 公募基金行业将在《行动方案》及系列配套政策的指引下逐步重塑行业生态，为投资者、为社会创造长 期价值，这也为公募基金行业长期稳健发展奠定坚实的基础。 坚持以投资者为本 引领行业发展 经过20多年的发展，公募基金行业在服务实体经济与国家战略、促进资本市场改革发展稳定、满足居民 财富管理需求等方面发挥了积极作用，但也存在功能发挥不充分、发展结构不均衡、投资者获得感不强 等问题。 《行动方案》突出强调，坚持以投资者为本，督促行业机构牢固树立以投资者最佳利益为核心的经营理 念，并贯穿于公司治理、产品发行、投资运作、考核机制等基金运营管理全链条、各环节，恪守"受人 之托、忠人之事"的信义义务，实现从重规模向重投资者回报转型。《行动方案》的这一要求，旨在推 动行业机构为投资者、为社会创造长期价值。 ...

Core Insights - Siemens reported a first-quarter revenue of €19.14 billion, representing a year-over-year increase of 4.3%, surpassing the forecast of €19.03 billion [1] - The company received orders totaling €21.37 billion, which is a 6.5% year-over-year growth, exceeding the expected €20.85 billion [1] - Free cash flow for the quarter was €677 million, showing a significant decline of 57% compared to the previous year [1]

Group 1 - UBS raised Nvidia's target price from $235 to $245 and reiterated a "buy" rating ahead of Nvidia's Q4 2026 earnings report [1] - Analyst Timothy Arcuri noted that despite lackluster stock performance and management's frustration over sustainability concerns regarding growth and margins, supply chain signals remain optimistic, especially with the upcoming GTC conference [1] - UBS's optimistic outlook is supported by two main factors: analysis of January export data from the Asian supply chain showing growth in data processing equipment during the traditional off-season, indicating strong global demand for AI infrastructure; and the accelerated production capacity of Nvidia's new Blackwell architecture chips, expected to contribute approximately $9 billion in revenue in Q4 [1] Group 2 - UBS forecasts Nvidia's Q4 revenue to reach approximately $67.5 billion, significantly above the company's previous guidance of $65 billion; no factors are expected to shake the company's 75% gross margin guidance [1] - Nvidia is anticipated to provide a quarterly revenue guidance of up to $76 billion, exceeding the market consensus range of $74 billion to $75 billion [1][2]

Core Insights - The price of gold jewelry in the domestic market has remained stable for the second consecutive day, with multiple retailers pricing their gold jewelry between 1545 to 1552 yuan per gram [1] Group 1 - The gold jewelry prices have shown consistency, indicating a stable market environment for gold jewelry retailers [1] - The price range of 1545 to 1552 yuan per gram reflects the current valuation of gold in the domestic market [1] - The stability in gold prices may influence consumer purchasing behavior and investment decisions in the jewelry sector [1]

Group 1 - The core viewpoint of the article highlights that Zhongcai Technology has achieved a consecutive two-day limit-up in trading, indicating strong market interest and performance [1] - The stock reached a trading limit at 13:33 with a transaction volume of 5.705 billion yuan and a turnover rate of 7.00% [1] - The surge in the fiberglass sector is primarily driven by rising electronic fabric prices and an explosion in AI computing demand, leading to supply-demand tension [1] Group 2 - The transition of weaving machine capacity to produce AI electronic fabrics has resulted in a supply gap for traditional fabrics, which is expected to drive price increases and enhance profitability for leading fiberglass companies [1] - Zhongcai Technology is recognized as a leading enterprise in the domestic specialty fiberglass and composite materials sector, with its main business covering fiberglass and other segments [1] - The company possesses significant technological advantages in high-end product areas, providing strong support for its continued development [1]

Core Viewpoint - Dongfang Tantalum Industry has experienced a consecutive two-day trading limit increase, driven by the rising demand for tantalum capacitors linked to the AI revolution and the active small metals sector [1] Group 1: Stock Performance - Dongfang Tantalum's stock hit the trading limit again at 13:45, with a transaction volume of 1.794 billion yuan and a turnover rate of 7.60% [1] Group 2: Market Position and Demand - The company holds over 50% of the domestic market share for capacitor-grade tantalum powder and 20%-25% of the global market [1] - The demand for tantalum capacitors is expected to grow globally due to advancements in AI technology [1] Group 3: Technological Advancements - Dongfang Tantalum has achieved a full-process technological breakthrough and industrial integration from materials to key chip manufacturing processes, including high-purity tantalum powder, tantalum ingots, and 12-inch tantalum target blanks [1]

《福布斯》(Forbes)公布2026年度香港50大富豪榜，长和系创办人李嘉诚以身家451亿美元，蝉联香港首 富宝座。去年离世的恒地创办人李兆基，其子李家杰及李家诚及其家族以身家349亿美元排第2位。 新 世界发展主席郑家纯家族以身家261亿美元续排第3位。于2021年离世的"蚝油大王"李锦记集团主席李文 达，其5名子女以176亿美元财富续排名第4位。新地主席郭老太邝肖卿以175亿美元身家排第5位，比去 年上升一位。 第6至第10位依次为九仓前主席吴光正，身家149亿美元；华人置业创办人刘銮雄，身家 143亿美元；阿里巴巴主席蔡崇信，身家142亿美元；于2024年离世的银河娱乐创办人吕志和，其子吕耀 东家族，身家127亿美元；私募巨头EQT集团亚洲主席庄佳诚(Jean Salata)，身家95亿美元。 福布斯表 示，一系列IPO和缓慢复苏的 房地产市场，使香港成为去年亚洲表现最佳的股市之一，恒生指数自上次 财富统计以来上涨近30%。因此，2026年福布斯香港50富豪榜上的富豪总净资产升22%，从去年的3010 亿美元增至3660亿美元。 ...

港股芯片股延续涨势，天数智芯午后涨幅扩大至25%，壁仞科技涨近10%， 兆易创新涨超8%，天域 半 导体、上海复旦涨超5%。 ...

Group 1 - The core point of the article is that Zhongyuan Bank Co., Ltd. has applied for a patent related to a method for configuring business application conditions, which aims to enhance the flexibility in determining whether the information of a target object meets business application requirements [1]. Group 2 - Zhongyuan Bank Co., Ltd. was established in 2014 and is located in Zhengzhou, primarily engaged in monetary financial services. The company has a registered capital of 2,007,500,000 RMB [2]. - The bank has made investments in 16 enterprises and participated in 4,029 bidding projects. It holds 384 trademark information records and 61 patent information records, along with 132 administrative licenses [2].