在本届服贸会招展方面，已有超700家企业机构意向线下参展。德国、挪威、日本、世界知识产权组织 等50余个国家、地区和国际组织意向设展办会，各省区市及港澳台地区均将组团参会；主宾国澳大利亚 将组建参展服贸会以来最大规模展团，组织澳新银行、可画等世界500强和独角兽企业参展；主宾省安 徽将展示本地科技创新和服务业开放最新成果；整体国际化率超20%，覆盖22个服务贸易前30强国家和 地区。 在成果发布方面，已有阿里巴巴、施耐德、飞利浦、通用电器医疗等47家知名企业机构申请在本届服贸 会上发布70余项新技术、新成果 中国经济网北京7月12日讯（记者 周宇宁）今天是2025年中国国际服务贸易交易会（简称"服贸会"）开 幕倒计时60天，记者从北京国际服务贸易事务中心获悉，目前已征集14场主题论坛、76场专题论坛和50 场洽谈推介在服贸会上举办。已有超700家企业机构意向线下参展，其中京外企业占比超30%，240余家 为世界500强和行业龙头企业。 2025年服贸会将于9月10日至14日在北京首钢园区举办，聚焦服务贸易发展热点趋势，设置全球服务贸 易峰会、展览展示、论坛会议、洽谈推介、成果发布、配套活动等板块。 据了解，在 ...

Core Insights - The first "Longgang Good Products Cross-border Export Selection and Linkage Conference" was successfully held in Longgang District, Shenzhen, focusing on selecting quality products for cross-border e-commerce and facilitating efficient communication among over a hundred representatives from supply chain management, e-commerce platforms, manufacturing leaders, and financial service institutions [1][5] Group 1: Event Overview - The event showcased a variety of products from Longgang, including smart wearables, trendy IPs, and intangible cultural heritage handmade items, highlighting the region's manufacturing capabilities [3] - The "Overseas Display Base" was officially inaugurated, covering an area of 2,000 square meters, marking a new phase in providing one-stop services for enterprises looking to expand internationally [5] Group 2: Strategic Initiatives - The Longgang District has implemented a three-year action plan (2025-2027) aimed at creating a service cultivation area for enterprises going abroad, focusing on building a comprehensive service ecosystem and attracting quality cross-border e-commerce platforms and service providers [9] - The establishment of the "Longgang Good Products Promotion Officer Alliance" signifies a new level of resource integration, incorporating new employment groups like couriers and live streamers into the brand promotion system [7] Group 3: Future Plans - The Longgang District plans to deepen platform construction, expand service scenarios, and improve the cross-border service system, aiming to support local enterprises in entering international markets and promoting high-quality economic development [9]

Group 1 - Nvidia's market capitalization has surpassed $4 trillion, making it the first publicly traded company to reach this milestone, driven by the shift in AI competition from model training to practical application [9][12][15] - The company's stock price reached a historic high of $164.10 on July 10, 2025, reflecting a rapid increase from $1 trillion to $4 trillion in just two years [12][15] - Nvidia's dominance in the AI chip market is evident, with approximately 76% of the world's top 500 supercomputers utilizing its GPUs, and major tech companies relying on its high-end chips for AI model training [15][19] Group 2 - The AI application landscape is rapidly evolving, with a significant increase in AI usage among enterprises, rising from 20% in 2017 to 78% in 2024, leading to a substantial return on investment [21][22] - Companies are increasingly embedding AI into their core operations, with Microsoft reporting that 52% of enterprises are using Microsoft 365 Copilot, potentially generating an additional $25 billion in revenue by FY2026 [22] - The competition for AI talent is intensifying, as evidenced by Google's acquisition of the Windsurf team for $2.4 billion, highlighting the ongoing battle for skilled personnel in the AI sector [44][45] Group 3 - The demand for AI-driven applications is reshaping industries, with significant advancements in sectors like manufacturing and healthcare, where AI is optimizing processes and improving efficiency [26][27] - The focus of AI development is shifting from model training to inference, necessitating a robust infrastructure and energy supply to support the growing computational needs [30][31] - Major cloud providers are expected to invest $320 billion in infrastructure this year, with a significant portion directed towards Nvidia, indicating the critical role of AI services in the future [29][30]

Core Insights - Nvidia has achieved a market capitalization of $4 trillion, becoming the first company to reach this milestone, reflecting a significant shift in the AI industry from model training to practical application [2][3] - The rapid growth of Nvidia's market value from $1 trillion to $4 trillion in just two years highlights its pivotal role in the AI revolution and infrastructure [5][6] - The demand for AI capabilities has surged, with Nvidia's GPUs dominating the high-end AI chip market, as evidenced by their use in approximately 76% of the world's top 500 supercomputers [6][12] Company Performance - Nvidia's stock price reached a historic high of $164.10 on July 10, 2023, contributing to its rapid market value increase [2][3] - The company's revenue for the fiscal year 2024 is projected to exceed $120 billion, with a remarkable net profit margin of 58% [6] - Analysts predict that Nvidia's market capitalization could reach $5 trillion within the next 18 months, indicating strong future growth potential [5] AI Market Dynamics - The AI landscape is shifting towards practical applications, with a significant increase in AI usage among enterprises, rising from 20% in 2017 to 78% in 2024 [15] - Companies are seeing substantial returns on AI investments, with an average return of $3.7 for every dollar spent [15] - Major tech companies are heavily investing in AI infrastructure, with an estimated total investment of $320 billion in 2024 [24] Consumer and Industrial Applications - AI applications are rapidly integrating into daily life and industrial processes, leading to a massive demand for computational power [13][21] - In the consumer sector, AI tools like ChatGPT are gaining traction, with 225 million daily active users, while Google maintains a significant user base of 2 billion [17][18] - In industrial applications, companies like Airbus and Nike are leveraging AI for efficiency improvements, such as reducing component weight and optimizing designs [21] Future Trends - The focus of AI development is shifting from model training to inference, necessitating advancements in computational efficiency and energy consumption [22][24] - Major tech firms are exploring renewable energy solutions to support their AI operations, with significant investments in solar, wind, and nuclear energy [25] - The competitive landscape is evolving, with a potential "supplier lock-in" effect as users become accustomed to specific AI platforms, solidifying the dominance of leading companies like Nvidia [27]

Core Viewpoint - Chengdu is focusing on leveraging the cultural tourism industry, particularly through the integration of cultural, commercial, and tourism sectors, to enhance its global competitiveness and transform its resource advantages into high-quality development [1][2]. Group 1: Cultural Tourism Integration - Chengdu aims to deepen the integration of cultural, commercial, and tourism sectors, which is expected to create a multiplier effect that drives overall urban development [4]. - The city has a rich array of cultural tourism IPs, including the Giant Panda and historical sites, but there is a need to enhance the number and impact of signature projects [3][4]. - Chengdu's cultural tourism resources are currently somewhat scattered, and efforts are being made to "polish" these resources through effective integration strategies [4]. Group 2: Brand Development - The city is working on building a brand around "Park City, Happy Chengdu," and aims to enhance the visibility of landmark brands and cultural tourism IPs [5]. - Chengdu is leveraging events such as concerts and exhibitions to create new tourism opportunities, with 55 large concerts held this year, attracting significant cross-city attendance [4][5]. Group 3: Market Participation and Enterprise Development - The integration of cultural tourism is seen as a collaborative effort, with private enterprises being invited to participate actively in the process [6][7]. - Chengdu has a substantial number of cultural and tourism enterprises, with 1,149 cultural enterprises and 906 tourism enterprises, indicating a robust market presence [7]. - The city plans to establish a tiered cultivation system for enterprises to support the growth of cultural tourism, focusing on cultural heritage, quality tourism, and digital creativity [7][8]. Group 4: Future Goals - By 2027, Chengdu aims to optimize the integration of cultural tourism, with targets for retail sales reaching 1.2 trillion yuan and significant increases in the value of cultural and tourism industries [8]. - The city is exploring new business models that combine music, esports, and tourism, which could enhance the overall visitor experience [9].

江西省足球协会7月12日01:29发布《关于球员刘震参赛资格的情况通报》： 近日， 有网友反映 2 025 年江西省城市足球超级联赛南昌队 球员刘震的参赛资格存疑。 江西省足球协 会高度重视，迅速组织核查，现就有关情况通报如下： 2019 年 ，在江西省足协杯成人组比赛中， 南昌队球员刘震 因违反赛风赛纪，受到江西省足球协会终身 禁赛的处罚。 此后，刘震 深刻认识到自己的错误， 并有悔改表现 ， 多次向 江西省足球协会 提出申诉 ，表示自己非常热爱足球运动，希望减轻处罚 。 2021 年 8 月，江西省足球协会按照《中国足球协会纪 律准则》（ 2021 版）， 对 其 当年的 行为进行了复核和审查 ， 并研究决定 将对其 "终身禁赛"的处罚 调整为"禁止参赛 18 个月（ 2019 年 11 月 6 日至 2021 年 5 月 5 日）"。 按照 《 2 025 年江西省城市足球超级联赛 竞赛规程》， 江西省足球协会赛前对全部参赛球员进行了资 格审 查和公示， 认为刘震 符合 参 赛 资格。 据报道， 2025年江西省城市足球超级联赛（简称赣超），将于7月12日19时在南昌八一体育场拉开帷 幕。作为对江西省足 ...

全员募资 这个倒不是啥新玩法了，特别是在一些腰部和尾部机构，全员募资基本是标配。 只不过这两年，出于众所周知的原因，募资难度加大，全员募资愈演愈烈，甚至迭代出了很多新玩法。 比方说，之前听说的某机构全员募资KPI： 投资经理不低于500万元； 一年完不成降级，两年完不成辞退。 当然了，这个只能算是一般操作，星哥听说过一个非常牛逼的玩法： 某新兴的"百亿机构"，公司招了近100个IR，然后给IR定募资任务，按天考核，三个月不达标走人。 你要不说，我都怀疑这是个第三方财富管理公司。 全员FA 这也不是啥新东西，顺手做FA，是很多投资人重要的副业收入来源。 但是投资机构自己下场做FA就不那么常见了： 全员强制跟投 关于全员跟投是好是坏，之前已经讨论过很多次，在这里就不赘述了。 一般来说，我们理解的强制跟投是跟投项目嘛，毕竟谁看好项目谁跟投倒也算合理。 不过随着外部募资越来越难，有些没有节操的机构就盯上了员工的口袋，把强制跟投玩出了各种花样。 投资VP不低于1000万元； 投资总监不低于2000万元； 合伙人不低于5000万元。 一方面是不符合监管要求，因为可能存在利益冲突；另一方面，大家还是要脸的，能躺着赚管理费为 ...

Core Viewpoint - Firefly Aerospace, a Texas-based startup known for successfully landing a robotic spacecraft on the moon, has filed for an initial public offering (IPO) with the SEC, aiming to list on the Nasdaq under the ticker "FLY" [1] Group 1: Company Overview - Firefly Aerospace specializes in small to medium-sized launch vehicles, lunar landers, and orbital space tugs, targeting payloads in the 1-10 ton range and NASA's Commercial Lunar Payload Services (CLPS) missions [2][3] - The company was founded in 2014 and underwent restructuring in 2017 to focus on commercial launches and deep space cargo [2] Group 2: Recent Developments - In November of last year, Firefly completed a $175 million funding round led by RPM Ventures, achieving a valuation of over $2 billion [2] - In May of this year, Northrop Grumman, a major defense contractor, announced an investment of approximately $50 million in Firefly [2] Group 3: Competitive Landscape - Firefly Aerospace aims to create a comprehensive ecosystem of small to medium rockets, lunar cargo transport, and in-orbit tugs, positioning itself in a niche that complements NASA's and U.S. government agencies' needs rather than directly competing with SpaceX's heavy-lift capabilities [3] - The company has secured multiple CLPS contracts from NASA, with individual contract values potentially reaching hundreds of millions of dollars [2]

中经记者 罗辑 北京报道 截至7月11日晚间，9家上市券商发布2025年上半年业绩预告，全员实现净利润大幅增长。随着上半年A 股活跃度回升，券商业绩也水涨船高。多位券商分析师认为，券商板块作为"牛市旗手"，在当前A股重 回活跃的背景下，业绩提升、预期加码，板块有望强势领涨。 业绩暴涨 具体来看，9家首批披露业绩预告的上市券商全员实现业绩预增。9家券商整体净利润或超90亿元，业绩 平均增幅在3倍左右。不过，不同券商之间净利润规模和增长幅度差异较大。 2025年中报券商业绩预告 证券简称 业绩预告摘要 红塔证券 净利润约65137.0800万—69629.3000万元,增长45%—55% 国信证券 净利润约36334.1400万—40424.7400万元,增长51%—68% 华林证券 净利润约27000万—35000万元,变动幅度为118.98%—183.86% 国盛金控 净利润约478000万—553000万元,变动幅度为52%—76% 华西证券 净利润约44500.00万—57500.00万元,变动幅度为1025.19%—1353.90% 哈投股份 净利润约38003.8200万元,增长约233.10% 财达 ...

Core Viewpoint - The development of the Beijing Stock Exchange (BSE) relies on deepening reforms and embracing technological innovation, which is seen as the future of the exchange [4]. Group 1: Market Performance - As of July 11, 2023, the total market capitalization of the 268 listed companies on the BSE reached 834.32 billion, representing a significant year-on-year increase of 175.79%, although the number of listed companies only increased by 19 [3]. - The average daily trading volume on the BSE for the first half of 2025 was approximately 31.22 billion, marking a substantial year-on-year increase of 343.15%, yet it still lags behind the daily trading volumes of the Sci-Tech Innovation Board and the Growth Enterprise Market, indicating room for improvement in market activity [3]. Group 2: Recommendations for Development - It is recommended that the BSE increase support for high-quality, unprofitable enterprises to list on the exchange, particularly in cutting-edge industries such as commercial aerospace and artificial intelligence, to establish a unique brand and become the preferred listing venue for high-potential companies [6][5]. - The BSE should maintain its inclusive regulatory framework to meet the financing needs of innovative small and medium-sized enterprises (SMEs) post-listing, which includes reforms to the issuance system, optimizing the strategic investor system, increasing the proportion of inquiry-based issuance, and expediting the introduction of public convertible bond issuance mechanisms for listed companies [7].