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俄罗斯总统普京:七国集团在全球经济中的份额逐年下降,而金砖国家的份额则在增长。
news flash· 2025-06-20 15:02
俄罗斯总统普京:七国集团在全球经济中的份额逐年下降,而金砖国家的份额则在增长。 ...
[大模型实践] 卡比人贵时代的深度学习经验
自动驾驶之心· 2025-06-20 14:06
以下文章来源于刘聪NLP ,作者黄哲威 hzwer 刘聪NLP . NLP刘聪,如货币般流通!这里的刘聪,不会rapper,只发paper!长期关注AIGC前沿内容!还写过两 本书:ChatGPT原理与实战、大型语言模型实战指南!欢迎来讨论AI! 作者 | hzwer 黄哲威 编辑 | 自动驾驶之心 原文链接: https://zhuanlan.zhihu.com/p/22287171257 点击下方 卡片 ,关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近15个 方向 学习 路线 >>点击进入→ 自动驾驶之心 『大模型』技术交流群 本文只做学术分享,如有侵权,联系删文 评测的重要性 论文说自己的方法性能好,一般就是定量部分,要突出关键指标的提升;定性部分,着重强调新的现象和观察 太长不看版:大模型实验的一些新方法论: 选准关键指标 ,指导迭代方向。 识别真瓶颈 ,避免低效实验,验证强假设。 平衡大小实验 ,大实验找问题,小实验筛想法。 强化团队协作 ,整合资源,找比较优势。 (总结好像很套话,但真的努力写干货了,欢迎评论交流启发补充 "不要被表象所迷惑,要洞察事物的本质。" —— 亚里士多德 几年 ...
大象论股|市场摆烂,银行新高,如何解读?
Sou Hu Cai Jing· 2025-06-20 10:58
Index Level - The Shanghai Composite Index is still in a downward adjustment phase, with support around the gap at 3320 [3][4] - The ChiNext Index has fallen below its short-term moving averages, indicating potential weakness [3] - Overall market sentiment is low, with a trading volume of only 1.06 trillion, down by 185.7 billion, and a net sell-off of nearly 30 billion by domestic investors [3][4] Market Conclusion - The market is expected to continue its adjustment, and any potential rebounds should be viewed as temporary [4] - Investors should avoid chasing prices and consider maintaining around 50% of their positions [4] Sector Analysis - The banking and insurance sectors are showing strength, while brokerage firms are underperforming [5] - Consumer sectors like liquor are experiencing a rebound, but sustainability is uncertain [6] - The solid-state battery sector remains active, while some technology stocks are showing strength [5] Banking Sector Insights - The rise in bank stocks is attributed to a lack of alternative investment options, with banks offering around 4% dividend yields [7] - Investors are advised to hold existing positions in banks or cautiously enter with a portion of their capital [7] Hot Sector Breakdown - CPO is in a corrective phase but maintains an upward trend, presenting potential buying opportunities [7] - PCB shows a similar upward trend despite recent fluctuations, indicating potential for speculative opportunities [7] - The storage chip sector is in a consolidation phase, requiring further observation for potential upward movements [7] Additional Sector Observations - The innovative drug sector is in its sixth day of adjustment, with a downward trend persisting [8] - Stablecoins and digital currencies are showing signs of trend reversal, necessitating caution if they break below key support levels [8] - The solid-state battery sector is experiencing a slowdown in momentum, but short-term trading opportunities may still exist [8]
西榴籽・大学魂・中华情:青年学子铸牢共同体意识的三重维度
Yang Shi Wang· 2025-06-20 07:39
三、中华情:从文化认同到国家认同的价值升华 当前少数民族学生群体在高等教育领域呈现出鲜明的"西榴籽"特质,"西榴籽"中,"西"代表西北农林科 技大学、中西部地区及到西部建功立业之意,"榴"指石榴籽,象征各民族学生团结。"西榴籽"寓意西农 各民族学生如石榴籽般紧密团结,扎根西部、奉献基层,铸牢中华民族共同体意识,因此,民族学生的 个体成长与民族团结根基的培育挑战息息相关。区域教育资源的历史性差异导致部分学生(含预科生) 存在学业基础薄弱现象,直接影响其校园融入效能;与此同时,强烈的中西部就业意愿与思想认识不 足、职业能力欠缺的现实矛盾,进一步制约其生涯发展诉求的实现。针对这一困境,西北农林科技大学 构建精准帮扶机制,通过组建"西榴"专家团、星师团、朋辈团构成的"四团一队"组织架构,实现全员协 同育人范式转型,专家团聚焦"三农"政策深度解读,朋辈团则同步推进学业互助计划,形成多层次支持 网络。在实践层面,创新设计思想引领与学业帮扶双模块工作坊,依托体验式实境教学强化理论武装, 例如"党旗引领?三心护航"主题沙龙有机融入民族文化元素,显著提升育人实效。个体发展维度则结合 学涯规划与职业探索定制化咨询,配合自主研发的 ...
微盘股新高后已回撤两日!公募提示:“抱团”或出现松动
天天基金网· 2025-06-20 03:27
近日,微盘股指数悄然间创下新高,然而,随着大盘经历了两日的调整后,微盘股已回撤两日,且行情下 跌的弹性更为明显。 多家公募认为,小微盘股行情近两个月快速修复,主要受多重因素共同驱动,其中流动性或为主要原因。然 而,因小微盘对资金承载力量有限,在年内频创新高的背景下,公募基金却难以与微盘股行情"共振",虽然个 别基金重仓了微盘股取得了不错业绩,但当前多以限购方式闭门谢客。 当前,多家机构对微盘股的后市意见存在分歧,有研报认为支撑微盘股抱团上涨的因素正在出现裂纹,亦有基 金提示:如果参与者抱团现象不断加剧,超过了小微盘策略所能容纳的极限,就会出现周期的反复。 微盘股指数持续走高,公募这样看 在近日的回暖势头中,微盘股指数悄然间持续走高,并在6月17日创下了历史新高。此外,代表中小盘风格的 中证2000、国证2000指数,自从4月8日以来分别上涨了16.11%、13.27%,远超同期沪深相关指数的涨幅。 而前述基金中,多只年内取得了不错的业绩,如诺安多策略涨超34%,中信保诚多策略涨超26%等,但多只基 金当前亦处于大额限购状态。 本月初,诺安基金公告,6月5日起对诺安多策基金A类基金份额、C类基金份额的大额申购( ...
股价腰斩、核心增长引擎失速、继承人问题.......奢侈品巨头LVMH遭遇史上最严重危机
Hua Er Jie Jian Wen· 2025-06-19 10:10
当全球最大奢侈品集团的掌舵人在股东大会上为背景音乐发牢骚时,你就知道事情变得有多糟糕了。 LVMH总裁兼CEO Bernard Arnault正面临一场史无前例的完美风暴:全球需求急剧萎缩、美国关税威胁步步紧逼、股价从峰值腰斩、个人财富蒸 发超过800亿美元。 更致命的是,这位76岁的"穿开司米羊绒衫的狼"发现自己精心打造的850亿欧元奢侈品帝国正暴露出结构性裂痕——从核心品牌Dior的增长失速到 继承人计划的模糊不清,一切都在提醒市场:LVMH的黄金时代可能真的结束了。 市值蒸发2210亿欧元:从欧洲之王到第十富豪的坠落 数字不会撒谎。LVMH股价自2023年4月峰值以来几乎腰斩,市值蒸发约2210亿欧元。今年以来,公司股价下跌超30%。 这家曾经的欧洲三大市值公司已不再位列前三,法国最有价值公司的桂冠也被宿敌爱马仕夺走——讽刺的是,这正是Arnault曾试图秘密收购但失 败的公司。 Arnault的个人财富从2024年3月的2310亿美元峰值暴跌至约1490亿美元,从全球首富跌至第十位。这位古典钢琴家、曾经睥睨北美以外所有富豪 的消费品巨头,如今看起来远非奥林匹亚般的神祇。 AIR Capital研究主管 ...
张江高科: 2024年年度股东大会会议资料
Zheng Quan Zhi Xing· 2025-06-19 09:19
Core Viewpoint - The company is actively responding to national strategic opportunities and enhancing its role as a key player in the Zhangjiang Science City, focusing on innovation and investment in emerging industries, particularly in the semiconductor sector. Meeting Information - The shareholder meeting is scheduled for June 27, 2025, at 1:30 PM at the Boya Hotel, Shanghai, with a combination of on-site and online voting methods [3][4][6]. Financial Performance - As of December 2024, the company's total assets reached 59.403 billion yuan, a 16.46% increase from the beginning of the year. The net profit attributable to shareholders was 9.8242 billion yuan, a 3.64% increase year-on-year [6][26]. - The company reported total revenue of 1.9833 billion yuan for 2024, with investment income of 1.015 billion yuan [6][26]. Strategic Focus - The company aims to enhance its investment capabilities in the semiconductor industry, focusing on strengthening and supplementing the industrial chain, and promoting the development of related technology industries [7][11]. - The establishment of the Zhangjiang Haoxin integrated circuit innovation service platform aims to support the integrated circuit and new generation information technology industries [8]. Talent Development - The company has organized various recruitment events and training programs to build a strong talent pool in the integrated circuit industry, including hosting job fairs and industry forums [10][16]. Investment Strategy - The company has adopted a dual investment strategy of direct investment and fund management, with a cumulative investment scale exceeding 9.5 billion yuan, focusing on sectors such as integrated circuits, biomedicine, and new energy vehicles [11][34]. - The company plans to increase its investment in emerging industries and continue to support the development of the Zhangjiang Science City through various funding mechanisms [34]. Governance and Compliance - The supervisory board has conducted six meetings during the reporting period, ensuring compliance with legal and regulatory requirements, and has issued independent opinions on the company's operations and financial status [22][23]. Future Plans - The company aims to accelerate its industrial transformation and enhance its role as an industry leader by focusing on investment, incubation, and operational synergy [28][30]. - The 2025 financial budget anticipates a net cash flow from operating activities of -1.44578 billion yuan, with plans to actively engage in market financing to support its development [33][34].
肯尼亚高级官员:(就驻以色列大使馆附近遇袭)必须保护外国外交使团不受武装冲突的影响。
news flash· 2025-06-19 07:38
肯尼亚高级官员:(就驻以色列大使馆附近遇袭)必须保护外国外交使团不受武装冲突的影响。 ...
产品要全球化,创始人股权分配是否也要全球化?
Hu Xiu· 2025-06-19 06:02
现在大家都在讲全球化,但似乎主要还是集中在产品如何出海做全球化,但组织层面,特别是创始团队配置这块,如何适应全球化发展被讨论的很少。我 最近一个月在跑一个项目的融资,融资挺顺利,但在股权分配上却遇到了challenge。跟做产品一样,创始人之间的股权分配在国内和海外也有着极大的差 异,在国内往往是CEO占大头,而且最好是有大于70%的股权,从而拥有绝对控制权。但在海外,股权平分正在逐渐成为一种标配和潮流。那么问题就来 了,现在产品要讲出海全球化,那么未来融资很有可能在海外,人也要出海,创始人之间一开始的股权分配是否也要向海外看齐呢? 我之所以关注这个话题,是因为我意识到股权分配绝不仅仅是几个数字这么简单。它背后反映的是创始团队的权力结构、激励机制,甚至是整个公司未来 的发展轨迹。当我深入研究Carta的数据后,我发现了一个令人意外的趋势:在美国,越来越多的创始团队选择平分股权,这个比例从2015年的31.5%上升 到了2024年的45.9%。而在中国,我们仍然习惯于CEO持有绝对控制权的模式。这种差异让我开始思考,在AI时代和全球化背景下,究竟哪种模式更适合 创业公司的长期发展? 我认为股权分配背后代表的其实 ...
海尔消费金融成功发行10亿元金融债券 票面利率2.20%
Jing Ji Guan Cha Bao· 2025-06-19 04:29
Group 1 - The core viewpoint of the news is that Haier Consumer Finance has successfully issued a financial bond worth 1 billion RMB with a fixed interest rate of 2.20%, aimed at enhancing its long-term funding and supporting inclusive finance business development [1][2][3]. Group 2 - The issuance of this financial bond follows previous financing activities, including the issuance of 5.15 billion RMB in ABS and 1.5 billion RMB in financial bonds in 2024, indicating a robust and diversified financing structure [2][3]. - Haier Consumer Finance has established a diversified financing matrix that includes shareholder deposits, financial bonds, ABS, syndicate loans, and interbank borrowing, enhancing its funding channel capabilities [2][3]. - The company received an AAA rating from China Chengxin International, reflecting its strong capital strength, risk control capabilities, and sustainable development potential [2][3]. Group 3 - The issuance of a 3-year fixed-rate bond helps stabilize funding costs amidst interest rate fluctuations in the consumer finance industry, supporting the company's long-term stable development [3]. - The consumer finance sector has seen active financing in 2025, with several companies issuing financial bonds, showcasing Haier Consumer Finance's strong market recognition through innovative financing tools [3]. Group 4 - Established in 2014, Haier Consumer Finance leverages its parent company’s industrial background to create a dual-driven business model of "scenes + cash," enhancing its self-operated capabilities [4]. - The company has achieved a self-operated business ratio of 74.46% by the end of 2024, positioning itself as a leader in the industry [4]. - Haier Consumer Finance has expanded its services into various sectors such as home appliances, medical beauty, and education, providing installment services to over 3 million users through its "Smart Home Installment" program [4].