2025 年 5 月 7 日 生猪：关注二育节奏 | 周小球 | 投资咨询从业资格号：Z0001891 | zhouxiaoqiu@gtjas.com | | --- | --- | --- | | 吴昊 | 投资咨询从业资格号：Z0018592 | wuhao023978@gtjas.com | 【基本面跟踪】 生猪基本面数据 | | | 单 位 | 价 格 | | 同 | 比 | | --- | --- | --- | --- | --- | --- | --- | | 价 格 | 河南现货 | 元/吨 | 15000 | | 250 | | | | 四川现货 | 元/吨 | 14700 | | 300 | | | | 广东现货 | 元/吨 | 15590 | | 0 | | | 期 货 | | 单 位 | 价 格 | | 同 比 | | | | 生猪2507 | 元/吨 | 13445 | | -5 | | | | 生猪2509 | 元/吨 | 13910 | | -20 | | | | 生猪2511 | 元/吨 | 13530 | | -80 | | | | | 单 位 | 成交量 | 较前日 | 持 ...

中国证监会主席吴清5月7日在国新办发布会上说，A股市场的科技叙事逻辑越来越清晰，集聚效应日益 明显。 （新华财经） ...

中国水产苗种行业市场规模测算逻 辑模型 头豹词条报告系列 王煜昆 水产苗种行业规模 | 1. 水产苗种产值 | (结论图) | P3 | | --- | --- | --- | | 2. 水产苗种产值 | | P4 | | 3. 渔业总产值 | | P5 | | 4. 海水养殖产值 | | P6 | | 5. 淡水养殖产值 | | P7 | | 6. 海洋捕捞产值 | | P8 | | 7. 淡水捕捞产值 | | P9 | | 8. 法律声明 | | P10 | | 9. 头豹研究院简介 | | P11 | | 10. 头豹词条介绍 | | P12 | | 11. 头豹词条报告 | | P13 | 1. 水产苗种产值 (结论图) P3 2. 水产苗种产值 P4 | 水产苗种产值:（结论=A-B-C-D-E） 水产苗种产值:（结论=A-B-C-D-E） | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 年份 | 2017 | 2018 | 2019 | 2020 ...

人类文明的每一次范式跃迁，都始于一场看似微小的 "认知越狱"。 当古登堡将活字印刷注入羊皮纸的褶皱，文字从此挣脱了抄写员的镣铐； 当第一束光穿过卢米埃尔兄弟的放映机，影像便不再是贵族沙龙的特权。 今天，我们将站在另一场 "表达革命"的临界点： 短短 30秒，AI正在颠覆内容产业的底层逻辑 ， 这是 一场商业叙事方式的重构 。 当 AI视频， 让内容生产 从幻觉到现实 ， 我们终于要直面那个终极命题： 若技术能精准翻译人类的情 感，内容生产的 "第一性原理"是否正在被重构？ 文 / 赵文娜 混沌商业研究团队 可灵 2.0震撼刷屏 但"震撼"不是重点 最近 ， AI视频再次点燃行业想象力。 在所有 "让人误以为是真的"的AI视频产品中，目前只有两个名字引发了广泛热议：一个是OpenAI尚未 公测的Sora，另一个，则是已经开放体验、正在朋友圈批量"炸群"的快手可灵2.0。 两者很像 ——都能生成近乎影视级别的短片，具备复杂物理逻辑、镜头语言和拟人表演。 两者又很不一样： Sora像是一支来自未来的预告片，拥有惊人的远景调度和沉浸镜头，但仍停留在少数内部Demo ，惊艳 但离落地尚远； 相比之下， 可灵 2.0则更 ...

金融期货日报 股指 ◆ 核心观点： 美国 4 月 ISM 服务业指数意外不降反升至 51.6，价格指数创两年多新高，就 业和新订单改善。美财长贝森特兜售押注美国：减税等特朗普政策组合拳会 吸引在美投资，到明年此时美国 GDP 增长可能接近 3%。潘功胜出席并主持 东盟与中日韩财长和央行行长会，会议通过新设以人民币等可自由使用货币 出资的快速融资工具相关安排。在内部环境较稳，外部不确定性较大，关税 博弈持续时间或较长的情况下，股指或震荡运行。 ◆ 策略建议： 震荡运行 国债 ◆ 核心观点： 外部冲击的博弈以及资金面仍是市场交易的主线。当前外部冲击对国内经济 的传导存在时滞效应，其潜在影响深度尚未完全显现。在中长期基本面逻辑 下，债市仍处于顺风环境。节后首日 OMO 到期量较为集中，持续关注资金 利率中枢能否有效下行，释放中短端的下行空间，届时也将为长端提供更大 的支撑。 ◆ 策略建议： 短期看好 研究咨询部 2025-05-06 1 / 9 公司资质 长江期货股份有限公司交易咨询业 务资格：鄂证监期货字{2014}1 号 金融期货团队 研究员： 彭博 从业编号：F3080600 投资咨询编号：Z0021839 ...

2025 年 5 月 6 日 生猪：假期缩量，关注节后出栏节奏 | 周小球 | 投资咨询从业资格号：Z0001891 | zhouxiaoqiu@gtjas.com | | --- | --- | --- | | 吴昊 | 投资咨询从业资格号：Z0018592 | wuhao023978@gtjas.com | | 【基本面跟踪】 | | | 生猪基本面数据 | | | 单 位 | | 价 格 | 同 | 比 | | --- | --- | --- | --- | --- | --- | --- | | 价 格 | 河南现货 | 元/吨 | | 14850 | 100 | | | | 四川现货 | 元/吨 | | 14450 | 50 | | | | 广东现货 | 元/吨 | | 15590 | 0 | | | 期 货 | | 单 位 | | 价 格 | 同 | 比 | | | 生猪2507 | 元/吨 | | 13445 | -5 | | | | 生猪2509 | 元/吨 | | 13910 | -20 | | | | 生猪2511 | 元/吨 | | 13530 | -80 | | | | | 单 位 | ...

Core Viewpoint - Gold prices have significantly corrected this week, retreating over 7% from last week's historical high, but analysts suggest that the market is not experiencing panic, indicating a healthy adjustment phase [1] Group 1: Market Sentiment - Despite the short-term adjustment, the bullish logic for gold remains solid, with investors willing to "buy on dips" due to ongoing policy fluctuations from the Trump administration and a slowdown in the U.S. economy providing strong support for gold [3] - The market's reaction during the May Day holiday, where gold prices fell to the critical support level of $3200, will determine whether investors will sell or buy on dips, influencing short-term trends [3] Group 2: Price Levels and Trends - Gold is currently stabilizing around the $3250 mark, with a need to break through the $3300 barrier for further upward movement, though market readiness for this breakthrough is still uncertain [1] - The key support levels are identified between $3160 and $3170, with a significant reassessment of bullish views if prices drop below $2950 [3] - The market is expected to continue its adjustment trend, with a focus on the pressure level at $3265 for potential upward movement or short-selling opportunities [5][6]

Core Insights - China has the highest number of convenience stores globally, totaling 321,000, but the per capita coverage is lower than that of South Korea and Japan, with one store serving an average of 4,441 people [1][2][3] - Major cities like Beijing and Shanghai have lower convenience store coverage compared to second and third-tier cities, with Beijing having one store for every 7,696 people, indicating a "convenience store desert" [1][9] - The density of convenience stores is higher in cities like Dongguan, which has the highest single-store population coverage at 2,048 people per store, while cities like Yichang have the lowest at 17,982 people per store [8][9] Market Dynamics - The leading convenience store brands in China are Meiyijia and Yijie, with 33,848 and 28,633 stores respectively, while international chains like Lawson and 7-Eleven have significantly fewer stores [7] - The operational costs in first-tier cities are high, making it challenging for convenience stores to thrive due to expensive rent and labor costs, which leads to a preference for opening in lower-cost second and third-tier cities [9] Consumer Behavior - Asian consumers have similar dietary preferences, making convenience store offerings like bento and rice balls popular, while American consumers prefer fast food options, which affects the types of products sold in convenience stores [4] - In China, convenience stores are not seen as primary shopping destinations but rather as supplementary options for busy lifestyles, which limits their market penetration compared to countries like Japan and South Korea [4][12] Future Outlook - The success of convenience stores in lower-tier cities raises the question of whether the next major brand could emerge from these less prominent locations, similar to how brands like Mixue Ice City have gained popularity [12][13] - The affordability and accessibility of convenience stores cater to everyday needs, suggesting that their growth potential remains strong in the context of evolving consumer habits [13]

Group 1: Gold Market - Gold prices have been experiencing a significant decline, with London spot gold dropping over 2% to $3222.32 per ounce and COMEX gold futures down 2.6% to $3232.9 per ounce as of May 1 [2] - Several gold jewelry brands have reduced their prices, with some falling below 1000 yuan per gram, such as Lao Miao at 995 yuan, Chow Sang Sang at 1002 yuan, and Chow Tai Fook at 1009 yuan [2][4] - The World Gold Council reported that global gold demand reached 1206 tons in Q1 2025, a 1% year-on-year increase, with investment demand soaring by 170% to 551.9 tons [5] Group 2: Oil Market - International crude oil futures saw a sharp decline, with Brent and NYMEX crude oil futures dropping by 1.72% and 1.92% respectively on May 1 [6] - Analysts suggest that oil prices are facing short-term uncertainties due to upcoming OPEC+ production policy meetings and ongoing tariff negotiations between the US and other countries [6][7] - Despite the recent price drop, short-term inventory pressure in the oil market remains manageable [7]

Group 1 - The core viewpoint of the articles highlights the perception of Trump's Middle East policy as aggressive and dismissive of international norms, with accusations of the U.S. acting as a bully and igniting conflict in the region [1][2][3][7] - Trump's support for Israel's actions in Gaza and his perceived disregard for Palestinian rights reflect a colonial mindset, as noted by various analysts [2][3] - The U.S. has lost credibility in the Middle East, as indicated by the comments from regional experts who believe that Trump's actions have exacerbated conflicts rather than resolved them [3][4] Group 2 - The Trump administration's approach towards Iran involves a combination of extreme pressure through sanctions and military threats, while simultaneously claiming to seek diplomatic solutions [4] - The U.S. military actions in Yemen have led to further humanitarian crises, raising concerns among Gulf states about the stability of the region [4] - Trump's demands for free passage of U.S. ships through the Suez Canal reflect a broader pattern of perceived economic and political extortion directed at sovereign nations [6][7]