稳定币爆火！北京朝阳区金融科技公司冲击IPO，百度参投，2024年收入下滑 原创 阅读全文 格隆汇新股 ...

英伟达创始人黄仁勋公开表示，华为是英伟达面临一个很强的竞争对手，包括说到全球一半的 AI学者来自中国。 从 2月Deepseek发布后，各家大厂纷纷上调了自己的资本开支。国产算力迎来了一波气势如 虹的行情，再次期间迎来了一波让外资垂涎三尺的科技行情。 然而行情在腾讯公布完资本开支之后，明显有逐步的降温，4月的"关税战"更是迎来爆头一 击，这里随之而来就是连续3个月的下跌，基本是将涨幅跌去了一半。 这里最核心的问题是中美之间的摩擦，导致各家大厂有钱花不出去。 各家大厂都出现了拿卡难 的问题，这里会一定影响各家数据中心的扩张速度。 然而年初暴跌的英伟达历经 Deepseek对于算力需求不大以及"关税战"冲击之后已经重新新高 了，包括海外的几家数据中心也不断创下了新高。海外的需求依旧旺盛，各家大厂依旧是疯抢 算力卡。国内"易中天"三家达链光模块，有的甚至创出了历史新高。 面对 AI的浪潮来临，一些负面的声音更像是大海之中的一些小浪花。 面对AI这种最有想象力 的行业，国内自然也不会缺席，包括近期的中美之间的协商，将一些半导体的限制也是摆在桌 面去谈判，这里其中包括算力卡的出口放开条件。 与此同时国内在这一块也是奋起 ...

Core Insights - The article emphasizes the acceleration of changes and emerging opportunities in the Chinese economy, driven by "new quality productivity" as the engine for transformation in 2025 [1] - It highlights the ongoing release of policy dividends, deepening capital market reforms, and the accelerated return of foreign capital into new economic sectors such as artificial intelligence, high-end manufacturing, and green energy [1] - The article outlines the complex global landscape characterized by geopolitical conflicts, differentiated monetary policies, supply chain pressures, and overlapping political cycles, urging investors to optimize strategies amidst these challenges [1] Event Details - The "2025 Mid-Year Strategy Summit" will take place in Shenzhen on July 4-5, 2025, featuring top thought leaders and practitioners [1] - The summit aims to provide in-depth analysis of core changes in the global and Chinese economies, forward-looking investment trends driven by "new quality productivity," and discussions on risks and opportunities in a complex environment [1] - The event will also cover the benefits of capital market reforms and investment strategies from top-tier institutions managing over 100 billion [1] Participation Information - The global institutional investor forum on July 5 is a paid event, with early bird pricing available for limited seats [2] - The front-row reserved seat is priced at 688 per person (originally 1,088), while general admission is 388 per person (originally 688), with limited availability [2] - Attendees are encouraged to secure their spots promptly to engage in this significant investment dialogue [2]

作者 | 哥吉拉 数据支持 | 勾股大数 据（www.gogudata.com） 今年来不断 被举牌、 创新高的银行， 涨势突然噶然而止 。 6月27日， A股所有银行股罕见全线收跌，六大国有大 行 中除建设银行下跌 2.09%外，其他几家基本均跌超 3%，还有几家城商行甚至跌超4%。 拉长时间看，从 2023年初开始，银行股就开启 一轮极为强势的持续 大涨行情，成为全市场最为被关注的行业 。 至今，农业银行、中国银行、交通银行、工商银行等几家国有大行，以及渝农商行、上海银行、沪农商行等区域银 行的 股价已经 实现 翻倍。 在期间，银行股也经历了很多轮被资金抱团炒高后又在资金退潮后回落，但无一例外，每一轮的阶段低点，都成为 了下一轮行情的起点。 这一次在显著拉升过后突然掉头大跌， 并 不能完全确定是否为本轮行情的阶段终点，但至少释放出了一个重磅的 信号 —— 风格切换 来了 。 截至 A股 收市，受权重股大跌拖累影响，沪指跌了 0.7%，但深成指和创业板都出现了小幅上涨。 共有 3379 只 个股上涨， 比例超过 6成，其中有6 0只涨停 ， 成交额 1.58万亿，仅小幅缩量475亿。 整体看， 市场交易情绪 ...

ETF进化论 炸裂！105万亿，破历史纪录了 原创 阅读全文 ...

格隆 涨停潮！板块主升浪开启 原创 阅读全文 ...

ETF进化论 市场流动性收紧？ 原创 阅读全文 ...

Core Viewpoint - The current market situation is not a repeat of the 9/24 rally, but the bull market is still ongoing and even improving [2][3]. Market Conditions - The market has experienced significant growth, with the Shanghai Composite Index surpassing 3,400 points and trading volume exceeding 1.5 trillion [3]. - The previous market conditions before 9/24 were characterized by low trading volumes and a declining index, which created a scenario for a strong rebound [3]. Positive Factors - **Fundamentals**: The domestic macroeconomic environment is showing signs of recovery after several years of adjustment, with major international banks like Morgan Stanley and Deutsche Bank becoming more optimistic about China's economic growth [4]. - **Liquidity**: The expectation of a shift to a rate-cutting cycle in the U.S. is anticipated to positively impact global capital markets, enhancing risk appetite [5]. - **Industry Trends**: Opportunities arising from trade tensions, such as advancements in self-sufficiency in semiconductors and new energy sectors, are expected to drive growth despite broader market fluctuations [6]. Investment Strategy - Investors should focus on selecting the right sectors to capitalize on ongoing market trends rather than relying on rapid market gains [6].

作者 | 远禾 数据支持 | 勾股大数 据（www.gogudata.com） 水贝黄金市场的天，变了。 作为国内黄金市场风向标，深圳水贝黄金市场被买金人推崇备至。但现在，水贝厂商都转行改做铂金了。 今年以来， 在黄金仍在高位震荡，不少人游移不定之时，有一些投资者已经悄悄盯上了另一种贵金属 —— 铂 金。 从年初至今，铂金的累计涨幅已接近 40% ，高于黄金的 30% 左右的年内涨幅。 放眼国内， 仅 6 月上金所铂金 9995 价格就上涨了近 30% ，涨势何其凶猛！ 01 一线市场对于趋势的洞察，往往比很多投资者都更为敏锐 —— 在金价飞涨之下成为不少人的买金圣地的深圳水贝市场，早已悄悄转向。 不少档口缩小了黄金销售铺位，用更大的面积销售铂金，有的档口甚至直接撤掉了黄金销售摊位，专门销售铂 金。 5 月开始，部分水贝黄金厂商已经开始转型做铂金，想在金价高企之时立场避险。 而更敏锐的卖家，早在 4 月初就已经把做黄金首饰的展厅中的黄金库存换成了铂金。 因为彼时，一公斤黄金价格已达 80 多万元，价格较高，销量却走低。一公斤铂金却仅 20 多万元，铺货压力 小，且铂金价格相对较为稳定，风险相对低。铂金首饰的销 ...

Core Viewpoint - The article emphasizes the acceleration of change and emerging opportunities in the Chinese economy, driven by "new quality productivity" as a key engine for transformation in 2025, amidst a complex global landscape [1]. Group 1: Economic Outlook - The Chinese economy is expected to deepen its transformation in 2025, with ongoing policy benefits and capital market reforms [1]. - There is a notable influx of foreign capital into new economic sectors such as artificial intelligence, high-end manufacturing, and green energy [1]. Group 2: Event Overview - The "2025 Mid-term Strategy Summit" will take place in Shenzhen on July 4-5, 2025, featuring top thought leaders and practitioners to analyze core changes in the global and Chinese economy [1][2]. - The summit aims to discuss investment strategies and opportunities in the context of the evolving capital market [2]. Group 3: Key Speakers and Topics - Notable speakers include Dr. Kai-Fu Lee, who will discuss the outlook for the Chinese capital market in the second half of 2025 [4]. - Other speakers include Chen Hao, who will address global investment strategies, and Dan Bin, who will focus on ESG investment and new quality productivity [4][5]. Group 4: Company Presentations - The event will feature presentations from numerous outstanding listed companies, providing a platform for direct communication between companies and investors [8]. - A detailed schedule of company roadshows is provided, showcasing various sectors and investment opportunities [10][11]. Group 5: Investor Insights - A full-day Global Institutional Investor Forum will be held on July 5, inviting institutional leaders to share investment strategies and insights for the second half of 2025 [12]. - The forum aims to provide a comprehensive understanding of diverse investment styles and new thinking in the investment landscape [12].