沪银期货主力合约涨6.00%，报23716元/千克；沪锡期货主力合约涨5.61%，报455430元/吨。 沪银期货主力合约涨6.00%，报23716元/千克；沪锡期货主力合约涨5.61%，报455430元/吨。 ...

Core Viewpoint - Anthropic is firm on not allowing unrestricted use of its AI models by the Department of Defense, emphasizing ethical concerns regarding military applications [1][2] Group 1: Company Position - CEO Dario Amodei stated that the company "cannot in good conscience" permit the Department of Defense to use its models without limitations [1] - Anthropic is demanding assurances from the Department of Defense that its models will not be used for fully autonomous weapons or large-scale domestic surveillance [1] Group 2: Ongoing Negotiations - Negotiations between Anthropic and the Department of Defense are still ongoing [2] - Defense Secretary Peter Hegseth has set a deadline for Anthropic to agree to the department's requirements, threatening to classify the company as a "supply chain risk" or invoke the Defense Production Act if no agreement is reached [2]

根据麦肯锡公司的数据，2023年至2030年间，美国女性累计可投资资产将增加近一倍。她们还有望从预 计到2048年将传承给继承人的超过100万亿美元的财富中受益——这被称为"伟大的财富转移"。 根据麦肯锡公司的数据，2023年至2030年间，美国女性累计可投资资产将增加近一倍。她们还有望从预 计到2048年将传承给继承人的超过100万亿美元的财富中受益——这被称为"伟大的财富转移"。 "就谁将控制财富而言，我们即将看到巨大的变化，"Hightower Advisors首席投资策略师斯蒂芬妮·林克 告诉媒体。 责任编辑：张俊 SF065 "就谁将控制财富而言，我们即将看到巨大的变化，"Hightower Advisors首席投资策略师斯蒂芬妮·林克 告诉媒体。 责任编辑：张俊 SF065 ...

周五股指期货盘前下滑。标普500指数和纳斯达克综合指数前一个交易日收跌。 Netflix昨日退出了收购华纳兄弟探索公司部分资产的交易，此前WBD董事会表示，他们认为派拉蒙更 新的收购要约更为优越。这是这场持续数月、震动好莱坞的收购传奇中的最新转折。 在此之前，WBD周四表示，派拉蒙提出的每股31美元的全新全现金报价将优于其目前与Netflix的协 议。它给了这家流媒体巨头四天时间来调整其提案。 此后不久，Netflix的联合首席执行官泰德·萨兰多斯和格雷格·彼得斯表示，匹配派拉蒙的报价使得这笔 交易"在财务上不再具有吸引力"。 虽然Netflix只对收购WBD的制片厂和流媒体资产感兴趣，但派拉蒙想要收购整个业务。WBD的其他品 牌包括CNN、TBS和TNT。 虽然Netflix只对收购WBD的制片厂和流媒体资产感兴趣，但派拉蒙想要收购整个业务。WBD的其他品 牌包括CNN、TBS和TNT。 值得注意的是，萨兰多斯在公司宣布放弃交易前不久曾到访白宫。一位白宫官员告诉CNBC，萨兰多斯 并未与唐纳德·特朗普总统本人会面。 Netflix和派拉蒙的股价在盘后交易中均跃升近8%。另一方面，WBD的股价下滑近2%。 责 ...

来源：中国工商银行 2月27日，中国工商银行召开党委会议暨党建工作领导小组会议，深入学习贯彻习近平总书记关于树立 和践行正确政绩观学习教育的重要讲话和重要指示精神，传达学习中共中央办公厅《关于在全党开展树 立和践行正确政绩观学习教育的通知》和中央党的建设工作领导小组会议精神，审议《中国工商银行树 立和践行正确政绩观学习教育实施方案》，研究部署全行学习教育工作。党委书记、党建工作领导小组 组长廖林主持会议并讲话，党委班子成员出席会议。 会议指出，这次学习教育是以习近平同志为核心的党中央作出的重大部署，是今年党的建设的重要任 务。全行要深刻认识开展学习教育是贯彻党的二十届四中全会战略部署、推动"十五五"规划有效落地的 重要举措，是巩固拓展党内集中教育成果、持之以恒推进全面从严治党的重要举措，是加强领导班子和 干部队伍建设、营造风清气正政治生态的重要举措，更加深刻领悟"两个确立"的决定性意义，更加坚决 做到"两个维护"，切实增强抓好学习教育的政治自觉、思想自觉、行动自觉。 会议要求，要聚焦主题、简约务实，准确把握"立党为公、为民造福、科学决策、真抓实干"的总要求， 坚持学查改一体推进。贯穿始终抓好学习研讨，坚持集中 ...

2月27日，美国关税政策表态反复提升市场不确定性，避险资金重新流入黄金市场，推动金价在5200美 元附近。与此同时，美伊关系阶段性缓和限制涨幅空间。市场焦点转向美国1月PPI数据，若通胀超预期 回升，或强化利率维持高位预期，对无息资产黄金构成压制；反之则有望进一步支撑多头情绪。 经济学家预计，1月PPI环比增长0.3%，低于前值0.5%；同比增幅预计为2.6%，低于此前的3.0%。若数 据高于预期，可能强化美联储维持利率不变甚至延长高利率周期的预期。由于黄金不产生利息收益，利 率维持高位往往削弱其吸引力。相反，若PPI数据温和或低于预期，则可能缓解政策收紧担忧，从而为 金价提供进一步支撑。当前黄金市场呈现三重变量交织的格局：贸易政策不确定性提供避险支撑，美伊 关系缓和抑制涨幅，而通胀数据则决定利率预期方向。短线波动节奏将围绕数据公布展开。 从日线结构看，黄金维持高位震荡格局，价格在5100美元上方保持强势整理，均线系统仍呈多头排列但 斜率趋缓，显示上涨动能边际放缓；RSI位于60附近，未进入严重超买区域，说明多头尚未过热；下方 关键支撑位于5150美元及5100美元整数关口，若跌破可能测试5050美元区域，上 ...

Core Viewpoint - The Hong Kong stock market has experienced significant corrections, particularly in the internet and healthcare sectors, with the Hang Seng Technology Index down over 10% and the Hong Kong Stock Connect Healthcare Index down over 4.5% since February [1] Group 1: Market Performance - The recent pullback in the Hong Kong stock market is attributed more to short-term geopolitical factors affecting market sentiment rather than fundamental issues [1] - The high proportion of foreign capital in the Hong Kong investor structure makes it sensitive to geopolitical changes, leading to profit-taking and risk aversion among investors [1] Group 2: Healthcare Sector Insights - The healthcare sector in Hong Kong is characterized by high-quality, scarce assets, including leaders in internet healthcare, traditional Chinese medicine services, AI pharmaceuticals, and surgical robotics [2] - The CXO and internet healthcare segments are highlighted as core support areas due to their high growth rates and revenue certainty, with leading CXO companies showing superior income and profit growth compared to other pharmaceutical sub-sectors [2] - Internet healthcare is noted as one of the fastest-growing segments in pharmaceutical retail, leveraging AI and big data technologies to enhance patient access and prescription efficiency [2] Group 3: Internet Sector Valuation - The current price-to-earnings (PE) ratio of the Hong Kong Stock Connect Internet Index is only 22 times, placing it in the 20th percentile historically, indicating a significant valuation discount compared to global tech assets [2] - The internet giants are actively embracing AI technology, integrating model development and cloud computing as key growth areas, suggesting that the long-term growth logic remains intact [3]

来源：风口财经 责任编辑：刘万里 SF014 来源：风口财经 责任编辑：刘万里 SF014 ...

Core Viewpoint - The recent leadership change at Debon Fund, with the resignation of Chairman Zuo Chang and the appointment of Wu Xiaochun as acting chairman, comes amid regulatory scrutiny following a marketing violation involving internet influencers. This transition may signal a strategic move to strengthen internal controls within the company [1][22]. Group 1: Leadership Change - Zuo Chang has resigned as chairman after nearly 8 years, marking the end of a 17-year career within the Debon system [1][22]. - Wu Xiaochun, a veteran of Debon Securities with 15 years of experience, has taken over as acting chairman. His background in risk management may indicate a focus on compliance and internal controls following recent regulatory issues [1][22][28]. Group 2: Regulatory Issues - Debon Fund faced regulatory penalties for engaging in improper marketing practices with internet influencers, leading to a suspension of new fund registrations [8][29]. - The company was found to have violated regulations by not adequately disclosing risks to investors, which resulted in accountability measures against several executives [8][29][34]. Group 3: Fund Performance - Under Zuo's leadership, Debon Fund's assets under management grew from 13.1 billion yuan to nearly 70 billion yuan by the end of 2025, despite a drop to 8 billion yuan in 2018 due to regulatory changes [3][35]. - The Debon Stable Growth Fund saw significant performance fluctuations, with a peak net value of 1.2982 in January 2025, reflecting a 36% increase over a short period, driven by investments in AI-related stocks [36][38]. Group 4: Market Reactions - Following the regulatory penalties, Debon Fund implemented purchase limits on its popular funds to protect existing investors and manage inflows, reducing the maximum purchase amounts significantly [40][42]. - The fund's net value has shown volatility, with a recent decline of 7.94% in the A share class, indicating potential risks associated with rapid inflows and market sentiment [42].

2月27日，日本首相高市早苗表态希望维持宽松货币政策次日，日本央行最鹰派的审议委员Hajime Takata再次呼吁上调基准利率。 Takata周四在京都向当地商界人士发表演讲时表示："我认为央行应当进 一步调整政策，并以物价稳定目标已基本实现为前提进行沟通。" 上月政策会议上，Takata意外提议连 续加息，引发市场关注。此次是他在那之后的首次公开发声。尽管周四他再度呼吁加息并不令人意外， 但这凸显出：随着高市早苗提名两名知名宽松派人士出任央行审议委员，央行内部支持激进政策正常化 的阵营，与日本政府之间的立场分歧正在显现。 黄金昨日震荡盘整，日线小幅收涨，现汇价交投于5195附近。地缘紧张局势挥之不去以及对美国关税不 确定的担忧情绪激发的避险情绪是支撑黄金收涨的主要原因。不过，时段内美国表现良好的经济数据和 美联储的降息预期降温限制了黄金的上升空间。今日关注5250附近的压力情况，下方支撑在5150附近。 澳元/美元 澳元昨日震荡下行，日线小幅收跌，现汇价交投于0.7130附近。除获利回吐对汇价构成了一定的打压 外，美元指数在良好经济数据和美联储降息预期降温的支撑下走高也是施压澳元回落的重要因素。此 外，市 ...