11日，最高人民检察院消息，上海市委原常委、浦东新区区委原书记朱芝松涉嫌受贿一案，由国家监察委 员会调查终结，移送检察机关审查起诉。最高人民检察院依法以涉嫌受贿罪对朱芝松作出逮捕决定，并指 定由江西省南昌市人民检察院审查起诉。近日，南昌市人民检察院已向南昌市中级人民法院提起公诉。 检察机关在审查起诉阶段，依法告知了被告人朱芝松享有的诉讼权利，并讯问了被告人，听取了辩护人的 意见。检察机关起诉指控：被告人朱芝松利用担任上海市委宣传部副部长，上海市闵行区委副书记、区 长，闵行区委书记，上海市政府副秘书长、中国（上海）自贸区临港新片区管委会党组书记、常务副主 任、浦东新区区委副书记，中国（上海）自贸区临港新片区党工委书记、管委会主任，上海市委常委、浦 东新区区委书记等职务上的便利，为他人谋取利益，非法收受他人财物，数额特别巨大，依法应当以受贿 罪追究其刑事责任。 今年6月10日，官方通报，上海市委原常委、浦东新区区委原书记朱芝松严重违纪违法被开除党籍和公 职。 中央纪委国家监委在10日发布的通报中称，经查，朱芝松丧失理想信念，背弃初心使命，对党不忠诚 不老实，对抗组织审查；无视中央八项规定精神，长期接受可能影响公正 ...

11月8日下午，三岁男孩平平（化名）在姥爷身边玩耍，一手拿着小汽车模型，一手抓着变形金刚玩具。他并 不知道，此时网络上围绕他正发酵着一场舆论风波。 10月15日，平平和弟弟安安（化名）随父母李某某、万某自驾旅行，途经四川雅西高速石棉服务区停留休息 时，被网友抓拍到赤裸身体爬行的画面，引发网民激烈讨论。在多个社交媒体平台上，"孩子是否亲生、是否 拐卖""父母是否非法牟利""孩子是否遭虐待"等讨论尤为集中。 随后，联合工作组一方面对李某某、万某一家进行妥善安置，安排14名专业人员组成团队随同陪护；另一方 面依法依规开展调查工作，医疗团队全面检查评估李某某、万某及两名孩子的身心健康状况，专业人员面对面 开展耐心细致的家庭教育指导，公安民警则针对李某某、万某是否存在拐卖、虐待等违法犯罪行为展开调查。 11月8日，平平的父亲李某某也首次接受媒体采访。他说，感谢广大网友对孩子的关心，我们有信心和能力把 孩子抚养教育好，希望这场舆论风波能尽快平息。 针对网络上讨论度较高的几个关切点，记者向孩子的父母、家人、邻居，以及联合工作组和相关部门等展开了 采访。 焦点一：孩子现在到底怎么样？ 11月8日，在南涧县一处小院里，记者见到 ...

Core Viewpoint - The recent performance of newly listed public REITs has significantly declined due to the overall sluggish market, with some REITs even trading below their issue price [1][3][5]. Market Performance - Since August, the trading volume and turnover rate of public REITs have been continuously decreasing, leading to a drop in new issuance returns [2][6]. - The overall market for public REITs has seen a decline, with the CSI REITs Total Return Index falling by 5.32% in the second half of the year as of November 10 [3][6]. Individual REIT Performance - Several newly listed REITs have shown poor performance post-listing, with some experiencing significant declines. For instance, a software park REIT listed on November 6 traded below its issue price shortly after [3][4]. - Specific REITs have recorded minimal gains post-listing, with one REIT only achieving a cumulative increase of 3.5% over seven trading days [4]. Subscription and Market Sentiment - High subscription rates were observed during the issuance of recent REITs, with some achieving record high subscription multiples of 320.5 times and 361.9 times [4][5]. - The decline in secondary market trading sentiment has negatively impacted the pricing of newly issued REITs, making it difficult to achieve returns above 10% [5][6]. Sector Analysis - The performance of public REITs has shown significant differentiation, with certain sectors like industrial parks and logistics warehouses facing challenges, while sectors such as affordable housing and municipal environmental projects have performed better [8][9]. - Data center REITs have been highlighted as strong performers, with some achieving over 40% gains since their listing [2][8]. Investment Strategy - Analysts suggest focusing on three main lines in the secondary market: stable anti-cyclical sectors, assets with marginal recovery in demand, and high-quality assets with strong expansion potential [2][9]. - In the primary market, it is recommended to select projects with favorable spreads and quality assets while being cautious about long lock-up periods [9].

日韩股市大幅上涨 集体大涨！ 受隔夜美股科技股大涨带动，日本、韩国股市今日（11月11日）早间也大幅走高。截至记者发稿，韩国综合指 数涨超2%，日经225指数涨超1%。芯片股集体大涨，SK海力士、三星电子涨近5%，瑞萨电子涨超4%。另 外，软银集团涨超5%。 A股方面，三大指数集体高开。沪指高开0.13%，深证成指高开0.36%，创业板指高开0.58%。 香港恒生指数开 盘涨0.37%，恒生科技指数涨0.79%，小鹏汽车涨超9%，百度集团涨超3%，赣锋锂业涨超2%。 美股三大指数周一（11月10日）集体上涨。截至当天收盘，纳指涨幅超过2%。大型科技股集体走强，英伟达 涨近6%，谷歌涨近4%，微软涨近2%。 关于降息，多名美联储官员有最新表态。美联储理事斯蒂芬·米兰表示，强于预期的通胀数据和就业市场持续 疲软的迹象表明需要在12月进行连续第三次降息。米兰称，12月降息50个基点更为合适，至少也应降25个基 点。不过，美联储官员Musalem强调，官员们需要谨慎对待进一步降息。 今日早盘，日本股市高开高走，截至发稿时，日经225指数涨幅超过1%。分析人士指出，日本股市的走高，一 方面受到隔夜美股上涨的提振，另一方 ...

Core Insights - Warren Buffett has made a significant donation decision, converting 1,800 shares of Berkshire Hathaway Class A stock into 2.7 million shares of Class B stock for distribution to family foundations, indicating his intent to accelerate charitable giving while he is still alive [1][2] - Buffett's successor as CEO will be Greg Abel, who has been designated since 2021, and Buffett expresses confidence in Abel's ability to manage the company and shareholder funds [1][14] - Berkshire Hathaway's stock price has increased over 10% this year, with a market capitalization exceeding $1 trillion, and the company reported a 34% year-over-year increase in operating profit for Q3 [2] Group 1: Donation and Succession - Buffett has donated 1.5 million shares to the Susan Thompson Buffett Foundation and 400,000 shares each to the Sherwood, Howard G. Buffett, and NoVo foundations [1] - Buffett plans to donate approximately $149 billion worth of Berkshire Hathaway stock, emphasizing the urgency of his charitable intentions [1][12] - Greg Abel, currently the Vice Chairman of non-insurance operations, will take over as CEO, and Buffett believes no other CEO is better suited for the role [1][14] Group 2: Company Performance and Outlook - Berkshire Hathaway's cash holdings reached a record $381.7 billion, reflecting a cautious market approach with net stock sales for 12 consecutive quarters [2] - Buffett acknowledges that while Berkshire's scale is an advantage, it may also limit future performance compared to smaller companies [2] - The company is expected to continue growing and remain robust, although stock prices may experience significant fluctuations [15]

Core Viewpoint - The article emphasizes the importance of accelerating the construction of a technology and financial powerhouse in China, highlighting the significant contributions of quantitative private equity firms in AI research and application, which not only drive the development of China's capital markets but also cultivate top-tier technology talent [1]. Group 1: Educational Initiatives - Minghong Investment has deepened its collaboration with universities, establishing various talent support programs, including scholarships at Shanghai Jiao Tong University and Fudan University, aimed at fostering technological innovation and supporting the cultivation of Chinese tech talent [2][4]. - The "Hui Ming Talent Support Program" at Fudan University has already funded over 20 senior experts and young scholars, covering various incentives such as named distinguished professor rewards and major achievement awards [8]. - Minghong's initiatives include the "Minghong Science and Technology Innovation Scholarship" at Shanghai Jiao Tong University, which directly incentivizes talent growth in fundamental disciplines [9]. Group 2: Collaborative Framework - Minghong Investment focuses on building a long-term collaborative mechanism with universities, emphasizing faculty development, discipline growth, and talent cultivation [4]. - The company has established the "Hui Ming Talent Support Program" at Fudan University and the "Hui Ming Education Development Plan" at Peking University, which aim to support various academic fields and promote interdisciplinary collaboration [4][8]. - Minghong's partnerships with universities are not limited to financial support but also include activities like campus visits and technical exchanges, fostering a dialogue between students and industry experts [7][11]. Group 3: Innovation Ecosystem - Minghong believes in creating an innovation ecosystem that encourages exploration, tolerates failure, and promotes breakthroughs, allowing academic freedom and industry insights to nourish each other [11][12]. - The company aims to provide a supportive environment for students to pursue their interests and develop their capabilities, emphasizing the importance of curiosity and self-exploration in education [11][12]. - Minghong's commitment to investing in people is seen as a long-term strategic choice, focusing on nurturing diverse talents who can contribute to societal progress [12][13]. Group 4: Future Directions - Minghong plans to continue its collaborative efforts with universities in talent cultivation, discipline development, and technological advancements, reinforcing its role in building a strong foundation for China's education, technology, and talent sectors [13]. - The company aims to create more opportunities for innovative talents, ensuring they can focus on exploration and creation without distractions [12][13].

Group 1 - The article discusses Japan's Prime Minister's provocative remarks regarding Taiwan, suggesting that military intervention could be justified if China uses force against Taiwan, which contradicts the One China principle and challenges China's core interests [1] - China expresses strong dissatisfaction and opposition to Japan's statements, emphasizing that Japan should reflect on its historical responsibilities and avoid repeating past mistakes related to military aggression [1] - The article highlights the significance of the 80th anniversary of Taiwan's liberation and criticizes Japan for its colonial past, urging Japanese leaders to be cautious in their rhetoric regarding Taiwan [1] Group 2 - China asserts that the resolution of the Taiwan issue is a matter for the Chinese people alone, rejecting any external interference and emphasizing that attempts to obstruct China's reunification efforts will ultimately backfire [2] - The article calls on Japan to adhere to its political commitments regarding Taiwan and to cease sending incorrect signals to pro-independence forces, warning against actions that could further destabilize bilateral relations [2]

11月10日，随着众多利好消息披露，A股与港股消费板块齐齐上涨，无论是传统消费的白酒、旅游、零 售，还是新消费中潮玩、茶饮等均有出色表现，颇具代表性的中国中免更是久违涨停，股价创下两年来新 高。 因缺席了本轮科技行情，且连续多个季度未有明显起色，被投资者戏称为"老登股"的白酒、免税等板块已经远 离投资焦点许久，且在三季度内，公募基金对传统消费板块以及新消费板块的操作均出现了分化。当下，多名 关注消费板块的基金经理认为，消费板块调整许久的估值为投资提供了安全边际，且在个股的遴选中，基金经 理将思路锁定在内需与出海两方面。 消费股集体上涨 11月10日，A股和港股的消费板块联袂大涨。A股方面，白酒、航空运输、免税等表现出色，中国中免A股封 住涨停，封单5.03亿元，舍得酒业、酒鬼酒、三元股份、庄园牧场等多股涨停；港股方面，截至收盘，沪上阿 姨涨超13%，蜜雪集团涨近9%，泡泡玛特涨超8%，卫龙美味、奈雪的茶、茶百道等个股跟涨。 消息面上，多重利好推动消费板块上涨。 11月7日，财政部发布2025年上半年中国财政政策执行情况报告，将继续实施好提振消费专项行动；11月9日， 国家统计局发布消息，称随着扩内需等政策措施 ...

11月10日晚消息，日前，中国科学院半导体研究所游经碧研究员团队在钙钛矿太阳能电池领域取得重要进展， 研发出光电转换效率为27.2%的钙钛矿太阳能电池原型器件，并显著提升了其运行稳定性。 太阳能电池领域，又有技术突破！ 从整个光伏产业来看，三季度以来，在"反内卷"政策的推动下，光伏产业链价格呈现企稳回升的态势。在二级 市场上，光伏概念股近期持续活跃。截至目前，A股光伏板块总市值超过2万亿元。 来看详细报道！ 重要进展 钙钛矿太阳能电池因其易于低成本印刷制备且具有高光电转换效率的优势，被视为新一代太阳能电池的典型代 表，发展前景广阔。经过十余年的快速发展，其光电转换效率已从最初的3.8%提升至超过26%，逼近单晶硅太 阳能电池水平，但与理论极限效率仍存在一定差距。 件于江苏昆山正式下线。同时TCO导电膜玻璃，已由金晶科技通过十年技术攻坚实现国产化突破，并将国产化 率提升至95%以上，这一关键材料的自主可控为产业链安全提供了坚实保障。 光伏产业链价格企稳回升 为解决这个问题，科研人员提出了一种能在垂直方向使氯元素均匀化分布的策略。他们在薄膜生长过程中引入 碱金属草酸盐，利用其解离出的钾离子与氯离子之间的强结合作用 ...

Core Viewpoint - Southbound funds have significantly increased their investment in Hong Kong stocks, with net purchases reaching record highs, indicating strong market interest and potential for future growth [1][2][3]. Group 1: Southbound Fund Inflows - On November 10, southbound funds recorded a net inflow of HKD 6.653 billion, marking the 14th consecutive trading day of net buying [1]. - Year-to-date, the total net inflow from southbound funds into Hong Kong stocks has exceeded HKD 1.3 trillion, surpassing the previous year's total [1]. - Cumulatively, since the launch of the southbound trading scheme, net purchases have historically exceeded HKD 5 trillion for the first time [2]. Group 2: Market Performance and Investment Opportunities - The Hong Kong stock market has seen impressive gains this year, driven by opportunities in AI asset revaluation, innovative pharmaceuticals, and the rise of new consumption [3]. - Major indices such as the Hang Seng Index and the Hang Seng Tech Index have risen over 30% year-to-date, while the Hong Kong Stock Connect Innovative Pharmaceutical Index has surged over 80% [3]. - Despite market fluctuations, the inflow of southbound funds remains robust, supported by a growing number of quality IPOs and secondary listings from US and A-share companies [3]. Group 3: Role of ETFs in Investment - The rise of passive investment strategies has made ETFs a key tool for buying Hong Kong stocks, with significant inflows into various ETFs [4]. - The China Universal Hong Kong Stock Connect Internet ETF has attracted HKD 55 billion this year, leading the inflow rankings among ETFs [4]. - Other notable ETFs, such as the ICBC Hong Kong Stock Connect Technology ETF and the E Fund Hong Kong Securities Investment Theme ETF, have also seen inflows exceeding HKD 20 billion [4]. Group 4: Pricing Power and Market Dynamics - The influx of southbound funds is gradually enhancing their pricing power in the Hong Kong market, with foreign capital starting to dominate trading volumes [5][6]. - Southbound funds are increasingly influencing the pricing dynamics in sectors like new consumption, dividends, and finance [6]. - ETFs have played a significant role in this shift, with substantial increases in holdings of Hong Kong brokerages by various ETFs [6]. Group 5: Valuation and Future Outlook - Current valuation levels in the Hong Kong market are considered attractive, with expectations of continued foreign capital inflows and enhanced pricing power for southbound funds [7]. - Analysts predict that the market will see a clearer influx of new capital in 2026, potentially exceeding HKD 1.5 trillion due to favorable conditions such as low allocation and anticipated interest rate cuts by the Federal Reserve [8].