据证券日报，红利主题基金凭借其稳健的现金流回报与防御属性，正成为资金避险配置的核心标的之 一。近日，多只红利主题ETF份额屡创新高，基金发行端亦现多例"提前结募"产品，叠加部分产品分红 规则优化，红利资产的配置价值进一步凸显。 Wind资讯数据显示，6月17日，易方达中证红利低波动ETF、南方标普中国A股大盘红利低波50ETF、博 时中证红利低波100ETF等多个红利主题指数基金份额创下历史新高。具体来看，截至6月17日，易方达 中证红利低波动ETF份额达15.76亿份，较年初增长85%；南方标普中国A股大盘红利低波50ETF份额攀 升至65.64亿份，较年初增幅75%；博时中证红利低波100ETF份额突破9.45亿份，年内增长74%。 整体来看，今年以来，红利主题基金规模扩张迅速。Wind资讯数据显示，截至6月17日，名称包含"红 利"的217只基金（仅统计主代码，下同），整体规模较年初增长12%，至2739.41亿元。此类产品规模 扩张背后，是资金对"低估值+高股息"策略的青睐。数据显示，今年以来，截至6月17日，上述200余只 基金，整体净流入额达137.78亿元。 3.科创板ETF产品数量和规模双突破 ...

德国杜塞尔多夫启动欧洲最大的加氢站 每天可分配多达5吨氢气 智通财经6月18日电，一家被称为欧洲最大的新加氢站已在德国杜塞尔多夫市开业。该设施是交通运营 商 Rheinbahn、杜塞尔多夫公用事业公司 （Stadtwerke Düsseldorf） 和 H2 Mobility 合作的成果。该加氢 站每天可分配多达5吨氢气，并同时为多达三辆车加注燃料，包括公共汽车、卡车、汽车和轻型商用 车。这个高容量加氢站标志着对以前的氢能基础设施的重大升级，并在杜塞尔多夫到2035年实现气候中 和的目标中发挥着重要作用。 ...

Group 1 - Amazon Web Services (AWS) is set to announce an upgrade to its Graviton 4 chip, increasing network bandwidth to 600 Gbps, which AWS claims is the highest specification in the public cloud [2] - Graviton 4, designed by Amazon's Annapurna Labs, is part of its custom chip strategy aimed at competing with traditional semiconductor giants like Intel and AMD [2] - The real competition lies in the artificial intelligence infrastructure sector, where AWS is directly challenging Nvidia [2] Group 2 - AWS has invested $8 billion in Project Rainier, an AI supercomputer built for the startup Anthropic, which utilizes over 500,000 Trainium chips [3] - Although Nvidia's Blackwell chip outperforms Trainium 2, AWS claims its chips offer better cost-performance ratios [3] - AWS's supply capacity is strong, but demand for these chips currently exceeds supply, indicating a robust market interest [3] Group 3 - With the upcoming Graviton 4 upgrade and the Trainium chips used in Project Rainier, AWS aims to control the entire technology stack of AI infrastructure, from network architecture to training and inference [3] - The success of mainstream AI models like Claude 4 being trained on non-Nvidia chips raises the question of how much market share AWS can capture from Nvidia [3] - The release schedule for the Graviton 4 upgrade will be announced by the end of June [4]

证券代码：002463 证券简称：沪电股份 沪士电子股份有限公司 投资者活动记录表 面向整体市场的主要头部客户群体开展业务，对公司的综合竞争力提出了 更高要求，这意味着公司不仅要配备完善的工具包，还要持续打磨综合制程能 力与技术能力。公司需要准确把握未来的产品与技术方向，在超高密度集成、 超高速信号传输等方面持续加大技术和创新方面的资源投入，通过技术创新、 均衡的多元化客户结构、供应链韧性及区域布局，在复杂的市场环境中保持韧 性和竞争优势，在不确定中锚定确定性。 2、公司收入结构 2024 年应用于 AI 驱动的服务器、数据存储和高速网络基础设施等领域的 企业通讯市场板实现营业收入约 100.93亿元，其中 AI服务器和 HPC 相关 PCB 产品约占 29.48%；高速网络的交换机及其配套路由相关 PCB 产品约占 38.56%；其余主要是通用服务器、无线基础设施这些。2024 年公司汽车板整 体实现营业收入约 24.08 亿元，其中公司毫米波雷达、采用 HDI 的自动驾驶辅 助以及智能座舱域控制器、埋陶瓷、厚铜、P 2Pack 等新兴汽车板产品约占 37.68%。 3、800G 交换机市场情况 AI 的快 ...

Group 1 - The core theme of the articles revolves around the competition for AI infrastructure, which is seen as the foundational battleground for AI dominance [1][2][3] - Since the rise of AI large models in 2023, the annualized value growth of private data center construction in the U.S. has reached 49%, with new data center capacity increasing 16 times over four years [1] - The investment surge in data centers and the high demand for GPU chips highlight the critical role of infrastructure in enabling large-scale AI deployment [3][4] Group 2 - Mushroom Car Union is positioning itself not as a vehicle manufacturer but as a "city neural network" provider, focusing on building an AI network to transform urban traffic systems [4][9] - The company aims to achieve three core capabilities: global perception through AI network nodes, deep cognition via the MogoMind traffic model, and real-time reasoning and decision-making [4][5][6] - The deployment of the AI network has already been validated in cities like Beijing, Shanghai, and Zhejiang, demonstrating significant improvements in traffic management and accident response times [7][8] Group 3 - Mushroom Car Union is compared to Nvidia, as both companies create foundational systems for their respective fields—Nvidia for AI model operation and Mushroom Car Union for traffic governance and intelligent driving [9][10] - The business model of Mushroom Car Union is not focused on being a vehicle manufacturer but rather on providing a scalable AI platform for urban autonomous driving [11] - The emphasis is on the importance of sustainable system capabilities over short-term performance, positioning Mushroom Car Union as a leader in the AI urban infrastructure revolution [11]

据上海清算所消息，2025年6月17日，上海清算所董事长马贱阳会见明讯银行首席执行官Philip Brown一 行。双方围绕持续探索金融基础设施互联互通、拓展发行托管服务与担保品管理等领域合作进行了深入 探讨。 ...

Core Viewpoint - The development of financial infrastructure is crucial for enhancing the competitiveness of Shanghai as an international financial center, with a focus on supporting the real economy, preventing financial risks, and promoting market innovation [1][6][11]. Group 1: Importance of Financial Infrastructure - Financial infrastructure serves as the backbone of the modern financial system, facilitating financial regulation, market openness, resource allocation, risk prevention, and product innovation [1][3]. - A robust financial infrastructure is essential for the high-quality development of financial markets and is a key component of financial system reform [2][4]. Group 2: Role of State-Owned Banks - State-owned banks, particularly the Bank of Communications, play a vital role in enhancing the financial infrastructure and supporting the development of Shanghai as an international financial center [10][11]. - The Bank of Communications aims to leverage its resources to enrich market participant structures and enhance market depth and activity [12][13]. Group 3: Tasks and Requirements for Financial Infrastructure - The elevation of Shanghai's international financial center requires financial infrastructure to provide efficient and diverse services, facilitating global capital allocation and supporting technological innovation [7][8]. - Financial infrastructure must also enhance risk prevention capabilities to ensure financial security and stability, particularly in the context of international financial activities [8][9]. Group 4: International Standards and Governance - The development of financial infrastructure should align with international high standards to participate effectively in global financial governance, promoting both inbound and outbound financial activities [9][14]. - Mechanisms such as "Bond Connect" and "Swap Connect" are examples of initiatives that enhance connectivity between domestic and international markets [9][14]. Group 5: Conclusion - Shanghai is positioned as a key node in the domestic and international economic cycles, with financial infrastructure development being critical for achieving high standards in market systems and facilitating comprehensive financial reforms [16].

据介绍，本届研修班为期两周，吸引了来自安哥拉、巴西、佛得角、几内亚比绍、赤道几内亚、圣多美 和普林西比、东帝汶及中国澳门的16名相关领域官员、技术员和机构高管参加。 研修期间，学员们深入考察了澳门电力股份有限公司、澳门轻轨股份有限公司、澳门土木工程实验室等 机构。围绕澳门作为中国与葡语国家合作平台的作用、中国大型基础设施建设经验及成功因素、可持续 基础设施投资等专题进行讲座学习及交流。 中葡论坛常设秘书处秘书长季先峥致辞时表示，去年中葡论坛第六届部长级会议通过《经贸合作行动纲 领(2024-2027)》，在基础设施建设领域合作方面，各方达成四项重要共识。中葡论坛将继续举办更多活 动促进对葡语国家全方位互利合作。 中新网澳门6月17日电 由中国—葡语国家经贸合作论坛(澳门)(下称"中葡论坛")常设秘书处主办的"中国 —葡语国家基础设施投资与建设研修班"17日在澳门旅游塔举行结业典礼暨证书颁发仪式。 澳门城市大学副校长韩蔚表示，本次研修班以深化中国与葡语国家互联互通为目标，通过系列前沿课程 为学员提供专业发展新动能。澳门作为中国与葡语国家的纽带，推动多边协同发展，研修班成为知识传 递与友谊建立的桥梁。 6月17日 ...

Group 1 - The legal opinion letter is based on the due diligence conducted by the law firm regarding the strategic investors involved in the closed-end infrastructure securities investment fund managed by Bank of China Fund Management Co., Ltd [1][2] - The law firm emphasizes that it does not provide opinions on accounting, auditing, or asset evaluation matters, and relies on the accuracy of documents provided by the fund manager and other involved parties [3] - The strategic investors for the fund include original rights holders of infrastructure projects and other professional institutional investors that meet the suitability requirements set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [4] Group 2 - The strategic investor, Sinotrans Logistics Investment Holding Co., Ltd, is confirmed to be a validly existing limited liability company and meets the qualifications for participation in the strategic placement [5][6] - The strategic placement agreement specifies that the proportion of fund shares subscribed by Sinotrans Logistics is part of the total offering [7]

Core Viewpoint - C-REITs have emerged as a new investment choice in the low-interest-rate environment, with increasing asset pools and ongoing expansions expected to enhance cash flow reserves and asset management quality, ultimately providing better and more stable returns for investors [1] Market Performance - From June 9 to June 13, 2025, the weighted REITs index rose to 143.48, with a return rate of 0.74%, outperforming other major asset classes [2] - The most notable performance was from the保障性租赁住房REITs, with 华夏基金华润有巢 REIT showing the highest market value increase of 4.32% during the same period [2] - Since their listing, 中金厦门安居 REIT has seen a total equity increase of 94.09% compared to its initial market value [2] - The price index for the保障性租赁住房 sector rose by 29.8% in Q1 2025, with the total return index increasing by 34.8% [2] Product Performance and Demand - As of June 10, 2025, the eight listed保障性租赁住房REITs have averaged a 52.7% increase from their issuance prices, with an average increase of 19.7% since the beginning of 2025 [3] - The average cash distribution rate for six products issued before 2025 was 2.81%, with an actual distribution rate of 2.82% [3] - The stable rental income and low capital expenditure requirements of保障性租赁住房REITs have made them attractive to investors [3] Expansion and Market Sentiment - 华夏北京保障房REIT recently completed its first expansion, raising approximately 946.2 million yuan by issuing 224,218,009 shares at a price of 4.22 yuan per share [4] - The successful expansion of the first保障性租赁住房REIT validates the effective development model of "initial issuance + continuous expansion" and boosts market sentiment, with other REITs also experiencing significant price increases [4] Future Outlook - The cumulative issuance scale of公募REITs is expected to exceed 25 billion yuan, driven by increasing investor interest and the need for new investment avenues in a low-interest-rate environment [5] - The expansion trend is anticipated to continue, allowing original equity holders to grow asset scales and improve asset management quality [5] - Analysts suggest that保障性租赁住房REITs, characterized by low operational costs and stable rental income, are likely to remain attractive investments [5] Investment Strategy - Investors are encouraged to focus on core cities for allocation in保障性租赁住房REITs, given their low operational risks and stable rental income [5] - The potential for significant returns from newly listed REITs is highlighted, with many projects experiencing high subscription rates and substantial first-day price increases [5] - Research indicates that buying newly listed REITs within the first 60 trading days can yield favorable returns, with a win rate of 60% [5][6]