2025年7月8日是第13个"7.8全国保险公众宣传日"。在国家金融监督管理总局和中国保险行业协会的指导下，恒安标准人寿山东分公司及所辖分支机构围 绕"爱和责任 保险让生活更美好"年度主题，全面参与 "7.8全国保险公众宣传日"活动，通过绿色健步走与保险科普市集双轨并行的创新形式，在全省地市同 步传递保险行业温度，诠释保障本质。 随着发令声响，恒安标准人寿山东分公司及所辖分支机构的员工们迈开有力的步伐，踏上充满活力与挑战的健步征途，健步活动过程充满了欢声笑语，员工 们相互扶持、彼此鼓励，共同享受运动带来的快乐，展现了积极向上的精神风貌，在健步过程中积极向公众传递保险理念与价值，提升公众对保险行业的认 知，展示保险业积极向上的精神风貌。 此次活动不仅是一场健步走与科普的结合，更是一次爱与责任的传递。恒安标准人寿山东分公司通过实际行动，将保险的温暖送到了千家万户，让保险成为 守护美好生活的重要力量。未来，我们将继续秉持"以爱为责"的理念，不断创新服务形式，提升服务质量，为社会公众提供更加贴心、全面的保险保障，用 爱和责任守护每一个家庭的幸福与安宁。 健步走结束后，员工们回到保险科普市集的公司专属摊位，通过有奖问答 ...

美国总统特朗普宣布新一轮对等关税决定，对包括日本和韩国在内的多国，从8月1日起，产品征收25% 等不同税率的关税，导致美股出现全线下挫，道指大跌400点，标普500和纳指在刚创了历史新高之后出 现跳水，衡量市场波动性的芝加哥期权交易所恐慌指数VIX一度跳涨近6%。 下半年A股市场和港股市场的行情可能会超出很多人的预期，A股市场将开启一轮慢牛、长牛行情，一 方面影响市场的不确定因素在逐步减少，包括关税战的影响以及中东冲突彻底停火，投资者的信心将逐 步修复。另外当前经济数据显示CPI仍然为负值，要想实现2%的目标，还需要政策面进一步加码，带来 更多积极的财政政策以及适度宽松的货币政策落地，这些也是推动市场回升的重要因素。 我一直呼吁通过推动市场走出牛市，产生财富效应，这是提振消费最好的手段，也是破局的关键。在房 地产市场投资机会减少之后，未来会有更多的居民储蓄向资本市场大转移，通过资本市场来实现居民财 产性收入的增长。资本市场走强将会产生多赢的局面，投资者获得了财富增长，消费回升，而上市公司 可以通过再融资来获得宝贵的资本，通过IPO可以支持更多科技创新企业登陆资本市场，有利于推动新 质生产力的发展，推动经济转型 ...

高温来袭，家电销售迎来旺季，也把空调安装工程师推向一年中最辛苦的时段。他们在高楼之间奔走作 业，顶着烈日、冒着风险，是产业链中最不可或缺却最容易被忽视的一环。 6月26日，格力电器"董明珠健康家"石家庄长安店开业活动上传出一则引起行业关注的消息—— 2025年6月1日起，格力电器启动高温补贴计划：每安装一套家用空调额外补贴20元给到空调安装工程 师。补贴由总部专项拨付，不增加消费者成本。若按全年出货量估算，补贴总投入将超过5亿元。 在制造业面临成本压力的背景下，这一看似普通的安排，为回归劳动价值、彰显制造企业担当提供了来 自一线的观察窗口。 从安装现场看见劳动价值 过去，由于服务环节多为外包，安装工的收入与保障长期缺乏制度支撑。格力此次补贴方案设定明确： 必须真实上墙、无用户差评，每安装一台空调发放20元，由总部按月直接汇入安装工个人账户，不向消 费者转嫁成本。 格 力家用空调 格力电器董事长董明珠表示，实际上安装工人是最辛苦、也最值得被尊重的岗位之一。"在酷暑天气， 安装工汗流浃背，有时还要承担高空作业风险。企业如果有能力，就应该多给予他们一些回报，让他们 靠劳动获得体面和尊严。"她表示，此次补贴自2025 ...

Group 1 - The core viewpoint of the news is that President Trump's announcement of imposing tariffs on imports from Japan, South Korea, and 14 other countries has heightened global market volatility and increased demand for safe-haven assets like gold [2][3] - The tariffs range from 25% to 40%, which has raised concerns about the fragile global economic recovery and intensified market fears of a recession [2][3] - Despite the surge in demand for gold as a safe-haven asset, the immediate reaction in gold prices was volatile, influenced by a stronger dollar and pre-existing market expectations regarding Trump's policies [2][3] Group 2 - The ongoing geopolitical tensions and trade frictions are reshaping global supply chains, which enhances gold's appeal as a safe-haven investment [3] - Central banks worldwide are increasing their gold reserves, with China's central bank having added gold for eight consecutive months, indicating a trend towards "de-dollarization" in the global monetary system [3] - Technical analysis of gold prices shows a range-bound movement, with key resistance levels at 3350 and 3360, and support levels at 3330 and 3320, suggesting a cautious trading environment [4]

Group 1 - The core idea of the "Yujie Scholarship" is to redefine the effectiveness of philanthropy, aiming to create a closed loop of "funding - growth - feedback" rather than just providing financial aid [3][6] - The initiative seeks to empower individuals and foster a cycle of "benevolence regeneration," where beneficiaries can transform received kindness into their own contributions to society [3][9] - The scholarship program emphasizes the importance of transparency in philanthropy, breaking down information barriers and allowing the public to engage in the process [6][8] Group 2 - The "Yujie Scholarship" aims to shift the perception of public interest from abstract concepts to tangible values, making the public a co-builder of the philanthropic ecosystem [6][9] - The program encourages team growth by embedding personal values into social needs, transforming the team from mere executors to problem solvers in society [8][11] - The ultimate goal is to make philanthropy a societal infrastructure that everyone can participate in, linking individual growth with social progress [9][11]

今年二季度以来，国内新能源汽车月均销量连续突破100万辆，渗透率稳定站在40％以上，而国内新能源汽车保有量已突破3200万辆。在汽车以 旧换新政策加力扩围之下，新能源二手车车源供给量和交易量也稳步提升。但随之而来的是，围绕新能源汽车使用、流通环节的消费痛点、难点与 日俱增，且难以破解。显然，我国新能源汽车产业所面临的主要矛盾，已从研发、制造环节转向全价值链服务生态建设领域。 近日，一场由中国机电装备维修与改造技术协会（以下简称"中机维协"）主办的研讨会，吸引了全国多家主流新能源车企、动力电池制造商和保险公司 积极参与，与受邀参会的中国电子标准化研究院、中国保险学会、清华大学、中国科学院、中国质量认证中心等相关单位、科研院所，围绕着新能源汽车全 价值链服务生态建设的话题展开热烈讨论。 当天，中机维协汽车后市场分会秘书长刘佩文宣布，新能源汽车动力蓄电池鉴定委员会启动组建工作，同时"新能源汽车全价值链服务生态建设研究"课 题正式开题。该课题设置九大研究方向，与会各单位、科研院所、专家受邀参与课题项目研究。 全价值链服务生态建设迫在眉睫 在谈及此时启动"新能源汽车全价值链服务生态建设研究"课题的初衷时，中机维协副理事 ...

Group 1 - The REITs market is transitioning from a "standardized path" to a "diversified approach," encompassing traditional infrastructure and emerging asset types like data centers and green energy [1][2] - Shoucheng Holdings (0697.HK) promotes the concept of "everything can be REITs," exploring new asset types that are "operable, priceable, and securitizable" [1][2] - The company has been active in the market since the REITs pilot program began, and is now advancing financialization attempts for new infrastructure as the regulatory framework improves [1] Group 2 - In June 2025, Shoucheng Holdings participated as a strategic investor in the Southern Wanguo Data Center REIT and Southern Runze Technology REIT, marking a breakthrough in the securitization of data centers [1] - The company is leveraging the flexibility of the REITs system and its operational capabilities to expand the boundaries of "securitizable" assets [2] - Shoucheng Holdings' approach to asset value reconstruction involves identifying original assets, reshaping operational models, and designing financial products, which is expected to broaden asset boundaries in the REITs market [2]

Core Insights - Yongxin Co., Ltd. has achieved significant growth since its listing in July 2004, with a market capitalization increase from 1.22 billion to 7.38 billion, reflecting both scale expansion and sustained profitability improvement [1][5] - The company's main business includes the production and sales of color printing composite packaging products and vacuum aluminum film products, with color printing packaging materials accounting for 70.27% of revenue [3] - Over the past 21 years, Yongxin has maintained profitability, with a cumulative net profit growth of 970.84%, and has recorded profits in 19 out of 21 years [3] Financial Performance - In 2020, Yongxin achieved revenue of 2.737 billion, which increased to 3.525 billion in 2024, reflecting an average annual growth rate of approximately 6.5% over the past five years [3] - The net profit attributable to shareholders rose from 303 million in 2020 to 468 million in 2024, with a compound annual growth rate of 11.5%, indicating stronger profit growth compared to revenue growth [3] - The company's market value has increased by 5.04 times since its listing, demonstrating strong long-term investment value, although it has seen a decline from its peak market value of 9.848 billion in June 2015 [5]

南向资金净流入持续放量，相关标的亦同步放量。Wind数据显示，7月7日，港股红利低波ETF(520550)单日净流 入近7000万元，成交1.31亿，当日净值达1.1806，规模突破7亿，四个指标同步创下上市以来新高。 交银国际证券表示，南向资金年初至今对港股各板块持仓均有提升，体现出中国内地资金对港股整体战略性配 置的上升。此外，南向资金的板块轮动更为显著，从1季度的信息技术，再到2季度初的新消费，以及近一个月 的主力配置方向集中在医疗保健和金融板块，契合了当前市场对高景气度成长板块的追捧，也反映了高波动环 境中对高股息板块防御价值的重视。招商证券表示，降息周期下红利资产仍有配置价值，当前基础设施板块头 部标的H 股相较A 股估值差仍存，未来有收敛空间，建议关注港股红利资产估值提升空间。 据了解，港股红利低波ETF(520550)以全市场最低费率（综合费率0.2%）降低持有成本，其月度分红机制和T+0 交易特性进一步提升了资金效率；持仓结构上，金融、能源等成熟行业构筑安全垫，同时通过单一个股5%的权 重上限实现风险分散，剔除阶段跌幅过大的股票规避"股息率陷阱"。 风险提示：文中提及的指数成份股仅作展示，个股 ...

Core Insights - The e-commerce beauty sector achieved over 10% GMV growth during the 618 shopping festival, driven by brand value [1][2] - Platforms are shifting focus from absolute price competition to supporting quality brands, benefiting top brands overall [1][3] - The performance among brands is varied, maintaining a "stronger than market" rating for the beauty industry [1][5] E-commerce Performance - The beauty category saw over 10% growth during the 618 event, outperforming the low single-digit growth in retail sales for cosmetics from January to May 2025 [2] - Taobao remains the leading online channel for beauty, achieving an 11% GMV increase, while Douyin also showed strong growth with skincare and makeup categories growing by 12% and 11% respectively [2] Brand Dynamics - High-end international brands benefited from Taobao's "supporting quality" strategy, with European and American brands gaining market share in skincare and makeup [3] - The concentration of top brands in Taobao's makeup category increased, with the top five brands' market share rising to 25%, a 4 percentage point increase [3] Pricing Trends - Price competition has weakened, with average prices for Taobao makeup, Douyin skincare, and Douyin makeup increasing by 2%, 24%, and 9% respectively [4] - Domestic brands are controlling discount activities and reducing promotional gifts, leading to an increase in actual consumer prices [4] Product Structure - Sales during the promotion were primarily driven by classic products, with some new products like Han Shu's series achieving breakthroughs [4] - Brands like Proya and L'Oreal optimized their product matrices, while Estee Lauder focused on growth through gift sets [4] Overall Market Outlook - Major beauty brands achieved low single-digit GMV growth during the 618 event, but performance varied significantly among brands [5]