Core Viewpoint - The A-share market has shown strong performance, with the Shanghai Composite Index breaking through 3700 and 3800 points, reaching a nearly ten-year high, and the total market capitalization of the Shanghai and Shenzhen stock exchanges exceeding 100 trillion yuan. The "Super Stock All-Star" strategy from China Europe Wealth has achieved a cumulative performance of 102.28% [1][4]. Group 1: Performance of the All-Star Wisdom Follow-up Plan - The All-Star Wisdom Follow-up Plan was launched in April 2022 when the A-share market fell below 3000 points, aiming to guide investors through scientific regular investment strategies [2]. - Over the past three years, the All-Star Wisdom Follow-up has led users to accumulate positions during market lows, achieving a real return of 26.40%, outperforming the Super Stock All-Star by 21.52% [2]. Group 2: Investment Strategy and Performance - The Super Stock All-Star strategy, which anchors on equity fund indices and selects high-quality active equity funds, has achieved a cumulative return of 102.28%, compared to a benchmark increase of 51.31% [4][6]. - The Super Stock All-Star has consistently outperformed the equity fund index in all years except 2022, indicating its effectiveness in various market conditions [4][6]. Group 3: Strategy Optimization - To enhance investment performance stability, the Super Stock All-Star has upgraded its strategy from a "single core + satellite" structure to a "double core + satellite" structure, allowing for better adaptation to market fluctuations [7]. - The new strategy includes a balanced core that focuses on funds with strong adaptability and long-term excess returns, while retaining the style core and satellite positions to capture structural opportunities [7].

的,在未经相关部门批准情况下,多次在我军 事敏感区域周围违规放飞无人机。最终,有关 部门对其违规行为进行了行政处罚,国家安全 机关依照《公民举报危害国家安全行为奖励办 法》对举报人给予了现金奖励。 来源：国家安全部 为确保阅兵活动安全，北京市人民政府先后发 布《关于在本市部分行政区域内禁止放飞、升 放影响飞行安全的鸟类动物和其他物体的通 告》《关于增设净空限制区的通告》,自 2025年7月16日零时起至9月3日24时止,将 东城、西城、朝阳、海淀、丰台、石景山、通 州、昌平、门头沟等9个区的行政区域设置为 净空限制区,明确在净空限制区内禁止升放无 人 机 、 穿 越 机 等 影 响 飞 行 安 全 的 物 体 ; 自 2025年8月29日零时起至9月3日24时止,将 大兴、顺义、房山、平谷、怀柔、密云、延庆 等7个区的行政区域增设为净空限制区,在增 设的净空限制区内,禁止升放一切未经批准的 无人机、穿越机以及风筝、气球、孔明灯等影 晌飞行安全的物体。 广大人民群众应自觉遵守相关法律法规,如发 现私自拍摄敏感军事装备的违法行为或违规放 r | 智 中 | 加 | 中 中 | 心儿八马驭肌工命线系， 马 巴巴 L ...

【导读】科创50指数一度跌超3%，芯片股集体调整 中国基金报记者 李智 一起来看下最新的市场情况及资讯。 8月29日开盘，A股三大指数涨跌不一。 | 上证指数 | 深证成指 | | 北证50 | | --- | --- | --- | --- | | 3848.72 | 12558.81 | | 1568.18 | | +5.12 +0.13% | | -12.57 -0.10% +13.75 +0.88% | | | 科创50 | 创业板指 | | 万得全A | | 1323.31 | 2825.61 | | 6149.58 | | -41.30 -3.03% | -1.56 -0.06% | | -3.40 -0.06% | | 沪深300 | 中证500 | | 中证A500 | | 4465.62 | 7010.29 | | 5327.34 | | +1.84 +0.04% | -0.87 -0.01% | | -0.55 -0.01% | | 中证1000 | 深证100 | | 中证红利 | | 7421.73 | 5461.98 | | 5559.27 | | -25.38 -0.34% | - ...

Core Viewpoint - Mengwang Technology has terminated the acquisition of all shares of Bicheng Digital due to the freezing of shares held by a key shareholder, which does not comply with regulatory requirements [2][5]. Group 1: Termination of Acquisition - Mengwang Technology announced the termination of the share issuance and cash payment for the acquisition of Bicheng Digital after careful consideration and friendly negotiations with the parties involved [2][5]. - The termination was influenced by the shareholding freeze of Hangzhou Chengxiang Enterprise Management Partnership, which holds a significant stake in Bicheng Digital [5]. Group 2: Financial Details of the Transaction - The planned acquisition involved issuing shares and cash to acquire 100% of Bicheng Digital for a total transaction price of 1.28 billion yuan [6]. - The assessment of Bicheng Digital's 100% equity value was determined to be 1.312 billion yuan, reflecting an appreciation rate of 164.91% after accounting for a cash dividend of 30 million yuan [6]. - The compensation obligations included profit commitments for Bicheng Digital, with net profits expected to be no less than 90 million yuan, 108 million yuan, and 125 million yuan for the years 2025 to 2027 [6]. Group 3: Company Profile of Bicheng Digital - Bicheng Digital is recognized as a leading comprehensive e-commerce service provider, holding certifications as a Tmall Six-Star Service Provider and a Douyin Diamond Brand Service Provider [7]. - The company achieved revenues of 1.281 billion yuan and 1.363 billion yuan in 2023 and 2024, respectively, with net profits of 96.855 million yuan and 74.184 million yuan [7].

【导读】埃及央行将关键政策利率下调200个基点 中国基金报记者 张舟 大家好！来一起关注海外市场降息情况。 当地时间8月28日，埃及央行将关键政策利率下调200个基点 ，隔夜存款利率从24.00%下调 至22.00%，隔夜贷款利率从25.00%下调至23.00%。 这是继2025年4月和5月分别降息225个基点和100个基点后的第三次降息。 | 28 Aug 2025 | MPC decides to cut key policy rates by 200 basis points 1 | | | | | | --- | --- | --- | --- | --- | --- | | Key Statistics | | | | | View all indicators | | OVERNIGHT DEPOSIT RATE | OVERNIGHT LENDING RATE | CONIA | CORE INFLATION RATE | HEADLINE INFLATION RATE | MAIN OPERATION | | | | 24.402% | | | 22.50% | | 22.00% | 23.0 ...

8月以来，A股市场的突破性上涨行情，让主动权益基金的赚钱效应彻底打开。 Wind数据显示，截至8月20日，全市场5279只主动权益基金（按基金主代码统计2025年8月 以前成立，含普通股票型和混合型基金）中，1616只在8月以来复权单位净值创下历史新 高，占比超三成；近一年更是诞生105只"翻倍基"，232只年内涨幅超50%。 这些"领跑"基金，大多数围绕着人工智能、创新药、半导体等科技创新赛道，显示出公募基 金对时代主线的前瞻布局。头部机构的"科技战队"正以扎实的投研功底，将产业趋势转化为 实实在在的业绩回报。 易方达等头部机构领跑 中生代基金经理扛旗 这轮基金业绩行情里，"头部效应"与"中生代力量"尤为突出。 公募重仓新质生产力 双创板块配置创新高 2025年权益基金业绩的集体爆发，本质是对"时代命题"的回应——新质生产力作为中国经济 高质量发展的核心引擎，已成为资本市场的"主线叙事"，而公募基金正是这条主线上最积极 的布局者之一。 从政策脉络看，新质生产力的战略地位持续升级：2023年9月首次提出，2024年1月中央政 治局集体学习明确定义，2025年政府工作报告将其纳入核心任务，还细化到人工智能+、低 ...

Core Viewpoint - Wanchen Group reported a significant increase in revenue and net profit for the first half of the year, with revenue reaching 22.58 billion yuan, a year-on-year growth of 106.89%, and net profit attributable to shareholders soaring to 471.57 million yuan, an increase of 50,358.80% [2][3] Financial Performance - The company achieved a net cash flow from operating activities of 1.30 billion yuan, up 133.37% year-on-year [3] - Basic earnings per share were 2.62 yuan, reflecting a 45,864.91% increase compared to the previous year [3] - The gross profit margin for snack products improved to 11.49%, an increase of 0.62% year-on-year [7] Business Segments - Wanchen Group's main business segments include edible fungi and the rapidly growing snack retail business, which has become the core focus [5][6] - The snack retail business generated 22.34 billion yuan in revenue, marking a 109.33% increase year-on-year [3][6] Store Expansion and Strategy - As of mid-2025, the company operated 15,365 snack retail stores across 29 provinces, with a slower growth rate in new store openings compared to previous years [6] - The company is shifting its strategy from merely increasing store numbers to enhancing store quality and expanding business boundaries [6] Mergers and Acquisitions - Wanchen Group plans to acquire a 49% stake in Nanjing Wanyou Commercial Management Co., Ltd. for approximately 1.38 billion yuan to strengthen its core team [9][10] - The company aims to enhance operational efficiency and profitability through internal resource integration and external capital market engagement [10] Market Performance - As of August 28, Wanchen Group's stock closed at 176.5 yuan per share, with a total market capitalization of 33.11 billion yuan, reflecting a year-to-date stock price increase of over 120% [11]

美国三大股指小幅收涨，道指涨0.16%，报45636.9点；标普500指数涨0.32%，报 6501.86点；纳指涨0.53%，报21705.16点。其中， 道指、标普500指数均创收盘新高 。 【导读】美联储官员支持9月降息25个基点 中国基金报记者 郭玟君 大家早上好！昨夜今晨，又有很多大事发生。 道指、标普500指数创收盘新高。大型科技股多数上涨，中概股涨跌不一。 美联储理事沃勒在发表题为《事不宜迟，即刻行动》的演讲中表示，支持9月降息25个基点。 他同时拒绝对美联储理事起诉特朗普一事发表评论。 摩根士丹利发文：美联储将降息？别急着下结论。 道指、标普500指数创收盘新高 个股方面，赛富时涨1.76%，思科涨1.45%，美国运通涨1.41%，领涨道指。 | 序号 代码 | | 名称 现价 | | | 涨跌 涨跌幅▼ | 年初至今 时间 | | --- | --- | --- | --- | --- | --- | --- | | 1 | CRM | 赛富时(SALESFORCE) | 254.553 | 4.393 | 1.76% | -23.62% 16:00 | | 2 | CSCO | 留材(CI ...

Core Viewpoint - The article highlights that Huasheng Tiancheng has turned a profit in the first half of 2025, primarily driven by substantial investment returns from its holdings in companies like Tailinwei and Haibosichuang, despite ongoing losses in its core digital services business [2][11]. Financial Performance - In the first half of 2025, Huasheng Tiancheng achieved revenue of 2.262 billion yuan, a year-on-year increase of 5.11% [2]. - The company reported a net profit attributable to shareholders of 140 million yuan, marking a turnaround from previous losses [2]. - Investment income for the first half reached 238 million yuan, significantly exceeding the net profit figure [4]. Investment Highlights - The investment income primarily stemmed from the significant appreciation of Tailinwei's stock, which saw a price increase of approximately 45% during the same period, compared to a mere 0.71% rise in the Shanghai Composite Index [5][4]. - Huasheng Tiancheng directly holds 17.86194 million shares of Tailinwei, representing 7.42% of its total share capital, with a market value of approximately 855.59 million yuan as of August 28 [7][4]. - The company also benefited from the successful IPOs of two other invested companies, Haibosichuang and Youyou Green Energy, which further diversified its revenue sources [9][10]. Core Business Challenges - Despite the success in investment, Huasheng Tiancheng's core digital services business reported a non-recurring net profit loss of 83.31 million yuan in the first half of 2025 [12]. - The company has faced continuous losses in its core business over the past five years, with cumulative losses amounting to 3.6 billion yuan, 1.01 billion yuan, 3.88 billion yuan, 2.98 billion yuan, and 270 million yuan from 2020 to 2024 [12]. - The ongoing transition to high-value digital services such as AI and cloud computing requires significant R&D investment, making immediate profitability challenging [12]. Strategic Outlook - The company aims to leverage its investment successes to support its core business transformation, emphasizing collaboration with invested companies to enhance synergies [13]. - The strategic focus includes fostering partnerships in high-tech sectors like semiconductors and energy storage, aligning with its goal of driving industry digitalization [12][13]. - As of August 28, Huasheng Tiancheng's stock price reached 26.10 yuan per share, reflecting a remarkable year-to-date increase of 260% [14].

来源：新华社 上任不到一个月，美国疾控中心主任被解职。 美国白宫发言人库什·德赛27日晚确认，白宫已解除上任还不到一个月的美国疾病控制和预防中心主任 苏珊·莫纳雷兹职务。 27日，美国疾控中心的上级部门美国卫生与公共服务部在社交媒体X平台上发文称，莫纳雷兹已不再担 任疾控中心主任，"我们感谢她为美国人民所作的贡献"。该文并未对解职原因作出说明。莫纳雷兹7月 31日才正式上任。 当天晚些时候，莫纳雷兹的律师团队发表声明回应称，她既没有辞职也没有被解职。声明说："莫纳雷 兹选择保护公众而非迎合政治议程，她拒绝盲目遵从政府那些缺乏科学依据、轻率的指令，并拒绝解雇 那些尽职尽责的卫生专家。为此，她被针对了。" 在这一声明发出后不久，白宫正式确认将莫纳雷兹解职。库什·德赛表示，正如莫纳雷兹的律师在声明 中所言，莫纳雷兹（倡导的政策方向）与美国总统特朗普"让美国再次健康"的议程不一致。"由于莫纳 雷兹在向卫生与公共服务部领导层表明辞职意向后仍拒绝主动辞职，白宫已解除其在美国疾控中心的职 务。" 当天，美国疾控中心多名高层官员辞职。据美国媒体报道，这些官员辞职与不满疫苗政策、虚假信息以 及将公共卫生政治化等有关。 暴 涨 ...