来源：央视新闻客户端 8月21日，外交部发言人毛宁主持例行记者会。有记者问，上个月俄罗斯正式承认阿富汗临时 政府，请问目前中方是否承认塔利班的阿富汗临时政府？ 对此，毛宁表示，中国奉行面向全体阿富汗人民的友好政策，我们愿同阿方一道推动两国关系 向前发展。 ...

Market Overview - The A-share market experienced fluctuations, with a notable drop around 14:20, but managed to recover slightly by the end of the trading session. The Shanghai Composite Index rose by 0.13%, while the Shenzhen Component and ChiNext Index fell by 0.06% and 0.47%, respectively [3][4]. Trading Data - Key trading statistics include: - Highest index value: 3787.98 - Lowest index value: 3757.99 - Total trading volume: 6.92 billion shares - Total trading value: 997.74 billion [4]. Sector Performance - Defensive sectors such as banking, electricity, and coal saw a rebound, while high-flying stocks faced significant declines, leading to a wave of limit-downs in several previously high-performing stocks [11]. Notable Stocks - Stablecoin-related stocks performed well, with companies like Sanwei Xinan and Beixin Yuan hitting the daily limit up. This was attributed to positive news regarding stablecoins that exceeded market expectations [6][12]. - In the agricultural sector, Muyuan Foods reported a total revenue of 76.463 billion, a year-on-year increase of 34.46%, and a net profit of 10.53 billion, marking a 1170% increase year-on-year, achieving a record high for the first half of the year [10]. DeepSeek AI Model Update - DeepSeek released an upgraded AI model, DeepSeek-V3.1, featuring a mixed reasoning architecture that supports both thinking and non-thinking modes, improved efficiency, and enhanced agent capabilities. This upgrade positively impacted DeepSeek-related stocks, which saw a rise in prices towards the end of the trading day [14][12].

Core Viewpoint - The article discusses significant personnel changes within the Everbright Securities Research Institute and Everbright Prudential Fund, highlighting the resignation of Gao Ruidong and the potential appointment of Wang Yifeng as the new head of the research institute, while also indicating Gao's possible future role as the general manager of Everbright Prudential Fund [2][4]. Group 1: Personnel Changes - Gao Ruidong officially resigned as the head of the Everbright Securities Research Institute on August 21, with Wang Yifeng, the deputy director and chief analyst of the financial sector, taking over daily operations [2]. - Gao Ruidong may be appointed as the general manager of Everbright Prudential Fund, pending internal procedures and regulatory approval [2][4]. - Wang Yifeng has approximately 20 years of experience in the financial industry and has received multiple awards for his analysis work [2][4]. Group 2: Background of Gao Ruidong - Gao Ruidong is a prominent figure in China's financial and securities sector, having held various key positions within Everbright Securities, including deputy director and chief economist [4]. - He holds a Ph.D. in economics from Waseda University and has been involved in macroeconomic and financial market research, contributing to discussions on economic policies [4]. - Gao has a reputation for his systematic insights into macroeconomic research and has previously predicted significant economic trends, such as the onset of a new global Juglar cycle [4]. Group 3: Everbright Prudential Fund Overview - Everbright Prudential Fund, a subsidiary of Everbright Securities, was established in April 2004 and has a registered capital of 160 million RMB [7]. - As of the end of Q2 this year, the fund managed public fund assets totaling 79.136 billion RMB, ranking 68th in the industry, with non-monetary fund assets at 60.929 billion RMB, ranking 65th [7]. - The fund primarily focuses on bond funds, which accounted for over 80% of its non-monetary fund assets, with a significant emphasis on quantitative investment strategies [7].

Core Viewpoint - Fourth Paradigm's stock price increased by over 7% following an announcement of share purchases by Franklin Templeton [2][3] Group 1: Stock Performance - On August 21, Fourth Paradigm's stock reached a maximum increase of 7.69%, closing with a 6.23% rise at HKD 54.55, resulting in a total market capitalization of HKD 28.3 billion [4] - Franklin Templeton increased its holdings in Fourth Paradigm by purchasing 1.65 million H shares at an average price of HKD 53.5429 per share, totaling approximately HKD 88.34 million [7] Group 2: Shareholding Changes - After the recent purchase, Franklin Templeton's total shareholding in Fourth Paradigm rose to 20.44 million shares, increasing its ownership percentage from 5.86% to 6.37% [7] - This is not the first increase in holdings by Franklin Templeton in 2023; they previously acquired shares on August 5 and August 11, totaling approximately HKD 211 million and HKD 8.2 million respectively [7] Group 3: Financial Performance - Fourth Paradigm expects a reduction in adjusted net losses by 68% to 73% year-on-year for the first half of the year, driven by strong demand for its core AI platform [9] - For the fiscal year 2024, Fourth Paradigm reported revenue of HKD 5.261 billion, a year-on-year increase of 25.1%, with a net loss of HKD 269 million, narrowing by 70.4% compared to the previous year [9] Group 4: Future Plans and Investments - Fourth Paradigm plans to raise approximately HKD 1.308 billion through the placement of 25.9 million new H shares, with proceeds aimed at R&D in emerging fields such as embodied intelligence and blockchain [10] - The company has been recognized as the leading player in China's machine learning platform market for seven consecutive years, according to IDC [10]

Core Viewpoint - Alibaba plans to spin off its subsidiary, Zhibo Technology Co., Ltd. (Zhibo Zhixing), for a public listing in Hong Kong, marking a significant move in the domestic smart cockpit solution market [2][4]. Group 1: Company Overview - Zhibo Zhixing was established through an investment from Alibaba and SAIC Group, becoming one of the leading software-centric smart cockpit solution providers in China [6]. - The company will no longer be included in Alibaba's consolidated financial statements starting December 27, 2024, and will transition to a joint-stock company on March 3, 2025 [8]. Group 2: Financial Performance - Zhibo Zhixing's revenue from 2022 to 2024 is projected to be 805 million RMB, 872 million RMB, and 824 million RMB, respectively, while total losses and comprehensive expenses are expected to be 878 million RMB, 876 million RMB, and 847 million RMB [8]. - Research and development expenses for the same period are forecasted at 1.111 billion RMB, 1.123 billion RMB, and 980 million RMB [8]. Group 3: Client and Supplier Relationships - From 2022 to 2024, SAIC Group is the largest client, contributing 54.7%, 47.4%, and 38.8% of Zhibo Zhixing's revenue [12]. - Alibaba is the largest supplier, with procurement amounts accounting for 53.5%, 58.4%, and 50.5% of total purchases during the same period [13]. Group 4: IPO and Future Plans - The IPO fundraising will focus on R&D, market expansion, capital operations, and working capital supplementation [15]. - The smart cockpit solution market is at a turning point, driven by supportive government policies, rapid growth in the passenger vehicle market, improved chip performance, breakthroughs in large language models, and the evolution of integrated AI technologies [16]. - Global smart vehicle sales are expected to grow from 58 million units to 86.5 million units from 2024 to 2030, with a compound annual growth rate of 6.9%, while the market size for smart cockpit solutions in China is projected to increase from 129 billion RMB to 327.4 billion RMB, with a CAGR of 16.8% [16].

Core Viewpoint - The 60th anniversary celebration of the Tibet Autonomous Region highlights significant historical achievements and ongoing development under the leadership of the Communist Party of China, emphasizing national unity and social progress [3][7][8]. Group 1: Celebration Overview - Approximately 20,000 people gathered in Lhasa to celebrate the 60th anniversary of the Tibet Autonomous Region, with key leaders including Xi Jinping and Wang Huning in attendance [3][6]. - The event featured a festive atmosphere with traditional decorations and a large gathering of diverse ethnic groups celebrating together [5][9]. Group 2: Historical Significance - The establishment of the Tibet Autonomous Region in 1965 marked a pivotal moment in its development, leading to significant social and economic advancements [7]. - Wang Huning emphasized the historical achievements over the past 60 years, including the successful practice of regional autonomy and the improvement of living standards for various ethnic groups [7][8]. Group 3: Future Directions - The leadership outlined a commitment to continue enhancing stability, development, ecological preservation, and border security in Tibet, aiming for a prosperous and harmonious socialist modernized Tibet [8]. - The celebration concluded with a call to uphold the guiding principles of Xi Jinping's thought and to work towards the rejuvenation of the Chinese nation [8][9].

Core Viewpoint - The stock ETF market experienced a net outflow of nearly 4 billion yuan on August 20, with significant inflows into the ChiNext Index and various Hong Kong indices, while the CSI 300 Index faced substantial outflows [2][4][9]. Group 1: Market Overview - On August 20, the A-share market showed volatility but ended strong, particularly in consumer stocks led by liquor and semiconductor sectors [2]. - The total scale of the stock ETF market reached 3.99 trillion yuan, with a decrease of 83.4 million units in total shares, indicating a net outflow of 3.865 billion yuan [4]. Group 2: Fund Flows - The ChiNext Index saw a net inflow of over 1.439 billion yuan, with notable contributions from E Fund's ChiNext ETF and Hua'an Fund's ChiNext 50 ETF, which attracted over 1.4 billion yuan and 500 million yuan respectively [5][8]. - In the past five days, the Hang Seng Technology Index and the Hong Kong Stock Connect Internet Index received inflows exceeding 4.6 billion yuan and 3.7 billion yuan respectively [6]. Group 3: Outflows and Performance - The CSI 300 Index experienced a net outflow of over 4.1 billion yuan, with leading products from Huatai-PB, E Fund, and others contributing to a total outflow exceeding 3.7 billion yuan [10][11]. - The overall outflow from broad-based ETFs reached 7.376 billion yuan, while their scale increased by 21.372 billion yuan [10]. Group 4: Future Outlook - Institutions remain optimistic about the market's performance, citing increased risk appetite and supportive policies as key factors for potential upward movement in indices [12].

Core Viewpoint - The article discusses the recent trend of well-known public quantitative fund managers, such as Sheng Fengyan, publicly sharing their real investment performance, which enhances investor confidence and provides operational references for rational investment decisions [2][4]. Group 1: Fund Manager Performance - Sheng Fengyan opened a personal investment account on Ant Wealth with a total amount exceeding 510,000 yuan and has achieved a cumulative profit of over 120,000 yuan [4]. - His holdings include West China Li De Central Enterprise Preferred Stock A, West China Li De Multi-Strategy Preferred Flexible Allocation Mixed A, and West China Li De Quantitative Growth Mixed A, with the latter showing a holding return rate exceeding 34% [4][6]. - Other notable fund managers, such as Yao Jiahong and Ma Fang from Guojin Fund, have also reported significant real investment amounts and profits, with total amounts of over 4.24 million yuan and 2.03 million yuan, respectively, and cumulative profits exceeding 1.23 million yuan and 660,000 yuan [9][12]. Group 2: Investment Strategies - Sheng Fengyan advocates for a rebalancing strategy, which involves adjusting asset allocations when market fluctuations cause deviations from target ratios, thereby controlling risk and maintaining a diversified portfolio [7]. - This strategy helps investors avoid over-concentration in any single asset class and encourages rational decision-making, reducing the influence of short-term market volatility [7]. Group 3: Industry Trends - The trend of fund managers publicly sharing their real investment performance is increasing, with many managers from various fund types, including QDII and fixed income, joining this practice [13]. - The rise in the number of fund managers showcasing their real investments reflects a growing emphasis on transparency and interaction with investors, particularly among younger and newer fund managers [13].

2011 年 11 月至 2016 年 4 月，雷鸣任建设银行金融市场部下设商品与期货交易部副总经 理； 2016 年 4 月至 2018 年 5 月，任该行金融市场交易中心副总经理。 2018 年 5 月至 2023 年 9 月，雷鸣任建信金科总裁、执行董事； 2023 年 9 月起，任建 信金融科技有限责任公司董事长、执行董事。 截至目前，建设银行管理层架构为：董事长张金良，行长张毅，纪志宏为副行长、董事会秘 书，李建江为副行长、首席风险官，韩静、雷鸣为副行长 ，生 柳荣为首席财务官。 最新财报数据显示，截至今年一季度末，建设银行集团资产总额为 42.79 万亿元，较上年末 增加 2.22 万亿元，增幅为 5.48% 。报告期内，该行实现营业收入 1900.7 亿元，同比下降 5.4% ；利息净收入为 1419.23 亿元，同比下降 5.21% 。 【导读】建设银行副行长雷鸣任职资格获批 中国基金报记者 嘉合 8 月 20 日晚间，建设银行发布公告称，国家金融监督管理总局现已核准雷鸣的任职资格，雷 鸣正式就任该行副行长。 这意味着时隔约一个月，雷鸣的建设银行副行长任职资格获得核准。此前，建设银行曾于 7 ...

Market Overview - The Shanghai Composite Index is approaching 3800 points, with all three major indices closing higher, indicating a positive market sentiment [3][4]. - The trading volume in the Shanghai and Shenzhen markets exceeded 1.5 trillion yuan, an increase of approximately 600 billion yuan compared to the previous day [2][7]. Semiconductor Sector - The semiconductor sector experienced a significant surge, with companies like Cambrian Technology reaching new highs [8]. - Notable stocks in the semiconductor space include: - Shengke Communication-U: Current price 122.50 yuan, up 10.36%, market cap 50.2 billion yuan, year-to-date increase 45.83% [11]. - Demingli: Current price 100.71 yuan, up 10.01%, market cap 22.9 billion yuan, year-to-date increase 62.08% [11]. - Zhaoyi Innovation: Current price 139.71 yuan, up 10.00%, market cap 92.8 billion yuan, year-to-date increase 31.18% [11]. - Cambrian Technology's stock price reached a peak of 1080.18 yuan per share, closing at 1052.28 yuan [12]. Oil and Gas Sector - The oil and gas sector saw a notable rise, with the PetroChina index experiencing significant gains [15]. - Key performers in this sector include: - Zhun Oil Co.: Current price 8.10 yuan, up 10.05%, market cap 2.1 billion yuan, year-to-date increase 64.30% [16]. - Xinjin Power: Current price 5.72 yuan, up 8.95%, market cap 4.3 billion yuan, year-to-date increase 97.24% [16]. - The sector's growth is supported by government initiatives to enhance energy supply capabilities and increase domestic oil and gas exploration [17]. Robotics and AI Sector - The humanoid robotics sector is witnessing significant developments, with TianTai Robotics announcing a landmark order of 10,000 units, marking the largest single order in the industry [26]. - Additionally, Junsheng Electronics introduced an integrated control solution for humanoid robots, enhancing operational efficiency [26]. Healthcare Sector - The AI healthcare sector is experiencing substantial growth, with stocks like Dingdang Health rising by 21.25% and Ping An Good Doctor increasing by over 12% [27][28].