Core Viewpoint - *ST Tianmao plans to voluntarily delist from the Shenzhen Stock Exchange due to significant uncertainties in its business restructuring, aiming to protect the interests of minority shareholders [1][3]. Group 1: Delisting Announcement - On August 8, *ST Tianmao's board approved a resolution to withdraw its A-share listing and transfer to the national SME share transfer system after delisting [1]. - The company has a total share capital of 4.904 billion shares, with a market capitalization of 7.111 billion yuan as of July 18, with the stock price at 1.45 yuan per share before suspension [3]. Group 2: Cash Option for Shareholders - To protect investors, *ST Tianmao will provide a cash option to dissenting shareholders, facilitated by an affiliate of Liu Yiqian, the actual controller of the company [6]. - The cash option's exercise price is set at 1.60 yuan per share, representing a premium of approximately 10.34% over the last trading price [7]. Group 3: Shareholder Structure - The top three shareholders of *ST Tianmao are New Liyi Group (44.56%), Wang Wei (11.25%), and Liu Yiqian (10.47%) [6]. - Liu Yiqian is the actual controller of New Liyi Group, and Wang Wei is his spouse [6]. Group 4: Business Transition and Financial Performance - *ST Tianmao transitioned from a pharmaceutical focus to the insurance sector after Liu Yiqian took control in 2002, becoming the largest shareholder of Guohua Life Insurance [10][11]. - The company has faced continuous losses since 2020, with Guohua Life's revenue dropping to 49.8 billion yuan in 2023, resulting in a loss of 1.155 billion yuan [13]. - The company anticipates a loss of 500 million to 750 million yuan for the 2024 fiscal year due to increased reserve provisions [13]. Group 5: Regulatory Challenges - *ST Tianmao is under pressure to disclose its 2024 annual report, which has not been completed, leading to a risk of delisting [15]. - The company received a notice from the China Securities Regulatory Commission for failing to disclose periodic reports on time [17].

Core Viewpoint - China Taiping's subsidiary, Taiping Asset, has been approved to establish a private securities investment fund company, aiming to enhance long-term investment in the capital market and support the real economy [3][4]. Group 1: Company Overview - Taiping Asset, established in September 2006, is one of the first nine insurance asset management companies in China, with a shareholder structure of 80% from China Taiping Holdings and 20% from Belgium's Fortis Group [3]. - As of the end of 2024, Taiping Asset's total managed assets will exceed 1.5 trillion yuan [3]. Group 2: Industry Context - The establishment of private fund companies by insurance institutions is part of a broader trend encouraged by regulators to increase long-term capital market participation [5]. - Since 2025, several insurance companies have been actively setting up private fund companies, including Ping An Asset Management and Taikang Asset Management, with significant initial fund sizes [6]. Group 3: Investment Strategy - Taiping Asset plans to implement strict fund operation management and develop investment strategies that align with the characteristics of insurance funds, emphasizing long-term capital investment [3]. - The company aims to contribute to the stability of the capital market and support high-quality development of the real economy through its investment philosophy of "long-term investment, value investment, and prudent investment" [3].

【导读】蚂蚁、美团，抢滩入局 " 机器人 " 中国基金报记者 含章 蚂蚁、美团，抢滩入局 " 机器人 " ！ 近日，北京灵巧手创企灵心巧手官宣，完成数亿元天使轮融资，本轮融资由蚂蚁集团领投。 此外，天眼查信息显示，星海图（北京）人工智能科技有限公司发生工商变更，新增美团旗 下成都龙珠股权投资基金合伙企业（有限合伙）等为股东。 美团入股具身智能机器人企业星海图 蚂蚁集团领投灵心巧手 8 月 7 日，北京灵巧手创企灵心巧手官宣，完成数亿元天使轮融资。 据了解，本轮融资由蚂蚁集团领投，中金资本、首发展创投、上海半导体装备基金、澄凯基 金、德同资本、可可资本跟投，老股东红杉中国种子基金继续加注。 本轮资金将主要用于灵心巧手在高自由度灵巧手方向上的技术提升与具身智能数据采集场建 设。在此轮融资前，灵心巧手已于今年 6 月完成股东变更，新增上海云玚与中金观博为公司 股东，注册资本由 661.5 万元增至 720.8 万元。其中，上海云玚为蚂蚁集团 100% 控股子 公司。 灵心巧手表示，近年来，具身智能投融资逐步进入产业链深水区，产业发展呈现出深化趋 势。根据产业链各人形机器人企业产量预测，具身智能行业将迎来人形机器人量 ...

Group 1 - The total box office for the summer movie season in 2025 has surpassed 8 billion yuan as of August 9 [2] - Several notable films have been released, contributing to the box office success [2] - The film "Nanjing Photo Studio" has achieved a box office of over 2 billion yuan, highlighting the popularity of anti-war themed films [3] Group 2 - Upcoming film releases include "Mountains and Rivers as Evidence" on August 15, "731" on September 18, and several others throughout August and September [5] - The summer movie season features a variety of genres, including documentaries and animated films, indicating a diverse offering for audiences [5]

Core Viewpoint - Haosai and its former chairman Dai Baolin have been prosecuted for suspected unit bribery, which has raised concerns about the company's governance and future performance [2][8]. Group 1: Legal Issues - On August 8, Haosai announced that it and former chairman Dai Baolin were prosecuted for suspected unit bribery [2][8]. - The case is currently awaiting trial, and the prosecution was initiated following an investigation by the Wuhan New District Supervisory Committee [11][12]. - Prior to the prosecution, Haosai did not disclose relevant information regarding Dai Baolin's legal troubles, including his detention and arrest [14][25]. Group 2: Management Changes - Dai Baolin resigned from his positions as chairman and general manager shortly before his arrest, citing reaching the legal retirement age [16][19]. - Following his resignation, Dai Baolin's son, Dai Congqi, was appointed as the new general manager, and the legal representative of Haosai changed to him [19][23]. - Dai Baolin transferred his voting rights associated with 23.36% of Haosai's shares to Dai Congqi, establishing a unified action relationship among the family members [21][23]. Group 3: Financial Performance - Haosai is expected to report a significant loss in the first half of 2025, with projected net losses ranging from 30.39 million to 38.51 million yuan, a decline of 495.35% to 600.95% year-on-year [27][29]. - The anticipated losses are attributed to a slowdown in infrastructure and real estate investments, leading to reduced demand in the lighting engineering sector and increased competition [29].

【导读】薛臻履新 东吴基金迎来新任董事长 中国基金报记者 若晖 又一家基金公司董事长迎来新人选。 | 新任人员职务 | 董事长 | | --- | --- | | 新任人员姓名 | 醉葵 | | 任职目期 | 2025年8月7日 | | 过往从业经历 | 历任苏州市农村干部学院教师、团 | | | 总支书记、培训处副处长、干部培 | | | 训处处长、办公室主任、院长助理 | | | 兼科研开发处处长、副院长、纪委 | | | 书记;苏州创元投资发展(集团) | | | 有限公司党委副书记、工会主席; | | | 苏州资产管理有限公司总裁、党委 | | | 副书记、党委书记、董事长。现任 | | | 东吴证券股份有限公司党委副书 | | | 记、总裁,东吴基金管理有限公司 | | | 董事长。 | 截至其离任，马震亚担任东吴基金董事长时间接近 7 年，东吴基金表示，对马震亚在担任公 司董事长期间为公司作出的贡献表示衷心的感谢。 与过去前几任董事长类似，新任董事长出自东吴基金大股东 —— 东吴证券。 8 月 8 日晚间，东吴基金发布公告称，董事长马震亚因到龄转任公司高级督导，任命薛臻为 公司新董事长。 Wind ...

Core Viewpoint - In July 2025, the national consumer price index (CPI) remained flat year-on-year, with urban prices unchanged and rural prices decreasing by 0.3% [2][8]. Price Changes by Category - In July, the prices of food, tobacco, and alcohol decreased by 0.8% year-on-year, contributing to a 0.21 percentage point decline in CPI. Key contributors included: - Egg prices fell by 11.2%, impacting CPI by -0.07 percentage points - Fresh vegetable prices decreased by 7.6%, affecting CPI by -0.16 percentage points - Meat prices dropped by 4.6%, with pork prices specifically down by 9.5%, contributing -0.13 percentage points to CPI [4][6]. - Other categories saw price increases, with: - Other goods and services up by 8.0% - Clothing prices rising by 1.7% - Prices for living goods and services increasing by 1.2% - Education, culture, and entertainment prices up by 0.9% - Medical care prices rising by 0.5% - Housing prices increasing by 0.1% - Transportation and communication prices down by 3.1% [4][6]. Monthly Price Changes - Month-on-month, the CPI increased by 0.4% in July, with urban areas rising by 0.4% and rural areas by 0.3%. Key changes included: - Food prices decreased by 0.2%, while non-food prices increased by 0.5% - Consumer goods prices rose by 0.2%, and service prices increased by 0.6% [2][7]. - Specific month-on-month changes in food prices included: - Fresh fruit prices decreased by 3.4%, impacting CPI by -0.07 percentage points - Fresh vegetable prices increased by 1.3%, contributing +0.03 percentage points to CPI - Meat prices rose by 0.4%, with pork prices up by 0.9% [6][9]. Summary of Key Data - The average CPI for January to July 2025 showed a decline of 0.1% compared to the same period last year [2][8]. - The overall CPI data for July 2025 indicated: - Urban CPI: 0.0% year-on-year, 0.4% month-on-month - Rural CPI: -0.3% year-on-year, 0.3% month-on-month - Food CPI: -1.6% year-on-year, -0.2% month-on-month - Non-food CPI: 0.3% year-on-year, 0.5% month-on-month [7][8].

美东时间 8 月 8 日周五，美国三大股指全线收涨，纳指创收盘历史新高。 【导读】纳指创历史新高，三大股指本周均录得涨幅；苹果创五年多来最大单周涨幅 中国基金报记者 赵刚 白宫将澄清有关黄金关税的错误信息，现货黄金和期金均短线跳水。 苹果股价周五收高 4.24% ，本周累计上涨 13% ，创五年多来最大单周涨幅。 纳指创新高 三大股指本周均录得涨幅 截至收盘，道指涨 0.47% ，报 44175.61 点，标普 500 指数涨 0.78% ，报 6389.45 点，纳指涨 0.98% ，报 21450.02 点，创历史新高。 本周，三大股指均录得涨幅，道指涨 1.35% ，标普 500 指数涨 2.43% ，纳指涨 3.87% 。 " 本周市场强劲反弹，明显存在 ' 逢低买入 ' 的心态， "Lombard Odier Investment Managers 的 Florian Ielpo 表示， " 尽管上周市场情绪似乎有所减弱，对盈利超出预期的反 应也较为平淡，但本周明显呈现出不同的趋势。 " 周五纽约尾盘，现货黄金涨 0.04% ，报 3397.63 美元 / 盎司，本周累计上涨 1.02% 。 COM ...

当地时间9日，俄方证实俄美首脑会晤将于15日在阿拉斯加举行。俄罗斯总统助理乌沙科夫表示， 普京和特朗普会谈的重点是实现乌克兰长期和平的方案 。 来源： 央视新闻微信公众 号 当地时间8月8日，美国总统特朗普在其社交平台"真实社交"上发文称， 将与俄罗斯总统普京于8月 15日在阿拉斯加州举行会晤 ，更多细节将随后公布。当天稍早，特朗普表示，美俄在乌克兰问题 上已"非常接近"达成协议。 ...

Group 1 - The core viewpoint of the article is that the U.S. and Russia are seeking to reach a ceasefire agreement regarding the Ukraine conflict, which has positively impacted the stock market [2][3][4] - U.S. officials are negotiating with Russia on territorial issues, aiming for a summit between Trump and Putin as early as next week [3][4] - The proposed agreement includes a halt to Russian offensives in the Kherson and Zaporizhzhia regions of Ukraine, although the terms are still subject to change [3][4] Group 2 - Tesla's stock price rose approximately 3%, reflecting positive market sentiment [5] - Tesla has received a ride-hailing operating license in Texas, paving the way for its Robotaxi service, which will now be regulated similarly to traditional ride-hailing services [7] - The new Texas law, effective September 1, will place all ride-hailing services using autonomous vehicles under the same regulatory framework as those using human drivers [7]