Core Insights - The article discusses a recent event at Tsinghua University where a team utilized non-invasive brain-computer interface technology in aesthetic and artistic research, marking a significant advancement in the field of neuroaesthetics [4][6]. Group 1: Neuroaesthetics Research - The Tsinghua University Neuroengineering Laboratory's research team aims to decode audience aesthetic experiences by synchronously capturing neural activity during live performances [4][6]. - Neuroaesthetics is an emerging interdisciplinary field that combines neuroscience with art and humanities, focusing on how humans perceive and evaluate beauty at a neural level [5]. - The research utilizes non-invasive brainwave caps to collect data from multiple participants simultaneously, enhancing the understanding of audience engagement in real-time artistic experiences [6][8]. Group 2: Technological Advancements - China's research in non-invasive brain-computer interface technology has been ongoing since the 1990s, with the country now being on par with international counterparts and even leading in certain aspects [6]. - The application of non-invasive brain-computer interfaces in rehabilitation has shown significant results, with recovery times reduced by one-third and effectiveness improved by one-third compared to traditional methods [6]. - The current experiment represents the first systematic application of non-invasive brain-computer interface technology in neuroaesthetics research, providing high temporal resolution and the ability to operate in natural settings [6][8]. Group 3: Future Directions - Future plans include exploring the mechanisms behind core aesthetic experiences such as "immersion" and "empathy," and applying findings to support artistic creation, emotional regulation, and rehabilitation [13].

Core Insights - The report highlights the cautious sentiment in the Hong Kong stock market, with the Hang Seng Index declining by 1.12% and significant trading volumes indicating a risk-averse environment [2][3] - The report discusses the performance of various sectors, noting that property stocks and Chinese brokerage firms experienced notable declines, while some consumer stocks showed resilience [4][5] Company Overview - The specific company under review is Xiangjiang Electric (2619.HK), a manufacturer of home electrical appliances, focusing on both electrical and non-electrical home products, primarily operating through ODM/OEM models [10] - The company’s revenue for 2022, 2023, and 2024 is projected to be 1.1 billion, 1.19 billion, and 1.5 billion CNY respectively, with year-on-year growth rates of 8.3% and 26.4% [11] Industry Status and Outlook - The global small appliance market is expected to grow from USD 156.4 billion in 2020 to USD 183.5 billion in 2024, with a CAGR of 4.1%, driven by increased demand during the pandemic [12] - China's small appliance exports are projected to rise from USD 58.4 billion in 2025 to USD 65.6 billion in 2029, with a CAGR of 2.9% [12] Competitive Landscape - The top ten companies in the Chinese kitchen small appliance market hold a combined market share of 36.9%, indicating a relatively low industry concentration, with the company ranked tenth at 0.8% market share [12] Challenges and Risks - The small appliance industry faces uncertainties due to fluctuating prices of key raw materials such as copper and aluminum, which have seen significant price increases from 2020 to 2024 [13] - The company relies heavily on a few major clients, with the top five clients accounting for 77.9% of revenue, indicating a high concentration risk [15] Strategic Advantages - The company has established stable partnerships with well-known global brands for over nine years, ensuring strong customer loyalty and stable order flow [14] IPO Details - The IPO subscription period is from June 17 to June 20, 2025, with trading expected to commence on June 25, 2025 [16] - The company aims to raise approximately HKD 172 million to HKD 202 million, with funds allocated for establishing a factory in Thailand and upgrading automation and digital capabilities [18] Investment Considerations - The expected IPO price range is HKD 2.86 to HKD 3.35, with a projected market capitalization of HKD 780 million to HKD 914 million post-IPO [19] - The company is in a net cash position with a projected net cash of 151 million CNY in 2024, although it faces uncertainties related to tariffs as an export-oriented business [19]

聚焦股权投资行业人物、事件、数据、研究、政策解读，提供专业视角和深度洞见 | 创投圈有趣的灵魂 以下文章来源于东四十条资本 ，作者刘燕秋 东四十条资本 . 将投中网设为"星标⭐"，第一时间收获最新推送 0营收的中药公司，搭上"脑机接口"起飞。 作者丨 刘燕秋 来源丨 东四十条资本 这家神奇的公司还得从创始人说起。根据公司官网信息，区逸基，Regencell创始人兼首席执行官，毕业于加州大学伯克利分 校哈斯商学院。获得学士学位后，他投身投资银行领域，先后就职于德意志银行和巴林银行。 在职业生涯中，区逸基成果斐然，完成超 40 亿美元交易，荣获多项重要并购奖项。他的代表交易包括代表第一太平有限公 司，以7.5亿美元收购菲律宾长途电话公司、6.5亿美元收购Indofood，以及完成 Hagemeyer 40% 股权18亿美元的增发 。 此外，他还是房地产、科技和生物科技领域的活跃投资者。 然而这位青年才俊的成长之路并非一帆风顺。童年时期，区逸基因患有注意力缺陷多动障碍（ADHD）和自闭症（ASD）。受 病症影响，他脾气暴躁，在学校备受孤立，成绩也不理想，高中时成绩甚至排倒数。为完成学业，他每天都需花费远超常人的 时 ...

脑机接口概念股震荡反弹 创新医疗涨停 智通财经6月19日电，创新医疗涨停，爱朋医疗涨超5%，南京熊猫、汉威科技、荣泰健康、倍益康、国 际医学等跟涨。消息面上，中国科学院脑科学与智能技术卓越创新中心近日联合复旦大学附属华山医 院，与相关企业合作，成功开展了我国首例侵入式脑机接口的前瞻性临床试验。 ...

这几只票暗盘资金正在偷偷流入，立即查看>> 脑机接口板块直线拉升，创新医疗（002173）涨停，倍益康、爱朋医疗（300753）、南京熊猫 （600775）、熵基科技（301330）、三博脑科（301293）等纷纷走高。 ...

Group 1 - The A-share market opened lower, with the Shanghai Composite Index down 0.13% and the ChiNext Index down 0.27%, particularly affected by declines in sectors such as oil and gas extraction, brain-computer interfaces, precious metals, and liquor [1] - Huatai Securities indicates that the fundamentals still face challenges, with frequent overseas risk events, suggesting that the A-share market may remain in a volatile pattern in the short term [1] - Export growth has significantly slowed down in May compared to April, with uncertainties in Sino-U.S. trade negotiations potentially leading to a weakening of exports in the future [1] Group 2 - Industrial trends in the technology sector are supported by independent industry dynamics, showing resilience despite market adjustments, according to Industrial Securities [2] - The ongoing Israel-Palestine conflict is expected to have a limited long-term impact, providing potential opportunities for investment after short-term emotional corrections [2] - The internal factors are deemed the primary determinants of market trends, with expectations for the technology growth sector to remain a structural highlight supported by improved fundamentals [2] Group 3 - Dongfang Securities notes that despite external negative disturbances, the capital market has shown significant resilience, with policy support and improved liquidity likely to raise the market's volatility center [3] - The focus is on sectors such as pan-technology and dividend stocks, which are expected to perform well in the current market environment [3]

以下文章来源于睿兽Pro ，作者Bestla 睿兽Pro . 创业邦旗下横跨一二级市场的科创数据平台。实时投资数据、追踪产业创新。找数据、做分析、链资 源，就上睿兽分析。 行业定义 外骨骼机器人（ Exoskeleton Robot）是一种通过机械结构与人类身体协同运作，用于增强运动能 力、减轻肌肉负担或辅助康复训练的可穿戴式机器人系统。 近日 ，外骨骼机器人逐渐以新型 " 医疗 辅助装备 "的形象被公众关注，多个相关企业也在这一趋势下获得了资本的青睐。 尽管也叫机器人， 外骨骼机器人 与传统机器人却大不相同，它 是一种可穿戴设备，其本质是 "增 强"或"辅助"人类身体功能，而不是替代。 其 始终依附于人身之上，用户是运动的主动发起者，设 备则根据人体动作提供机械支持或训练反馈。 《十四五医疗装备产业发展规划》作为我国医疗装备产业发展的纲领性文件，首次系统性地提出了医 疗装备产业的战略布局与重点发展方向。随着老龄化社会加速和康复医学需求增长，《规划》将健康 促进与康复装备作为重点领域。具体包括：智能康复机器人，针对运动功能障碍患者，开发 外骨骼机 器人 、认知训练系统等；中医数字化设备，推广智能针灸仪、中医体 ...

Group 1: Federal Reserve and Economic Outlook - The Federal Reserve has maintained interest rates unchanged for the fourth consecutive time, indicating a potential slowdown in future rate cuts and projecting "considerably high inflation" in the coming months [3][10] - The dot plot shows an increase in the number of officials expecting no rate cuts this year, rising to seven, while the forecast for next year's cuts has been reduced to one [10] Group 2: Market Performance - U.S. stock indices showed mixed results, with the Dow Jones down 0.1%, S&P 500 down 0.03%, and Nasdaq up 0.13% [4] - European stock indices had varied performances, with Germany's DAX30 down 0.5% and the UK's FTSE 100 up 0.11% [4] - Hong Kong's Hang Seng Index fell by 1.12%, while the Hang Seng Tech Index dropped 1.46% [5] Group 3: Commodity Prices - Spot gold closed at $3,370.20 per ounce, down 0.58%, while spot silver fell 1.16% to $36.72 per ounce [7] - WTI crude oil decreased by 0.93% to $73.07 per barrel, and Brent crude oil fell 1.27% to $76.03 per barrel [7] Group 4: Domestic Financial Developments - The People's Bank of China announced eight significant financial opening measures during the 2025 Lujiazui Forum [10] - The China Securities Regulatory Commission (CSRC) introduced the "1+6" policy measures to deepen reforms, including the establishment of a new Sci-Tech Growth tier [10][13]

Blockchain - The People's Bank of China announced innovative structural monetary policy tools in Shanghai, including pilot programs for blockchain credit refinancing in shipping trade and carbon reduction support tools [1] - The global merchant fleet's asset scale exceeds $3 trillion, with a ship financing leasing penetration rate of only 18%, indicating significant growth potential in the shipping financing sector [1] Autonomous Vehicles - Cainiao launched a new autonomous delivery vehicle, the GT-Lite, priced at 21,800 yuan, with a promotional price of 16,800 yuan, designed for L4 level autonomous driving [2] - The vehicle aims to reduce costs for delivery points and ensure safety, with the previous model, GTPro, featuring a range of 180 km and a cargo capacity of 5 m³ [2] Optical Chips - The Shanghai Institute of Optics and Fine Mechanics developed a new optical computing chip, "Meteor No. 1," which significantly enhances data processing speed and efficiency [3] - This chip utilizes advanced photonic technology and is expected to be widely applied in AI, big data analysis, and scientific computing [3] Textile Industry - A digital transformation implementation plan for the textile industry was jointly issued by several ministries, focusing on integrating new information technologies and enhancing production capabilities [4] - Key metrics indicate that the CNC rate and digital design tool adoption in major textile enterprises have reached 63.7% and 82.3%, respectively, with leading companies achieving world-class smart factory standards [5] Hydrogen Energy - Tianjin University's team achieved a solar-to-hydrogen conversion efficiency of 5.10% in solar water splitting, marking a significant advancement in clean energy production [6] - This technology could lead to the development of more efficient and durable "artificial leaves" for hydrogen production, potentially transforming the hydrogen energy landscape [6] Brain-Computer Interfaces - BrainTiger Technology, in collaboration with the Shanghai Institute of Microsystem and Information Technology, successfully implanted a 256-channel flexible brain-computer interface in a patient, enabling precise control of various applications [7] Digital Currency - The People's Bank of China announced the establishment of an interbank market trading report library and a digital RMB international operation center to promote the internationalization of digital currency [8] - The emergence of stablecoins is seen as a bridge between traditional finance and crypto assets, enhancing transaction stability and cross-border payment capabilities [8]

智通财经6月18日讯（编辑 冯轶）随着地缘风险的持续，短线市场情绪出现走弱。港股今日继续维持跌势，截至收盘，恒生科技指数收跌1.46%，恒生指 数、国企指数分别下跌1.12%及1.16%，恒指跌近300点。 【大金融普跌拖累大市 恒指连续缩量空头情绪重燃】 盘面上，今日大型科技股及大金融板块普跌，明显拖累大市。科技股方面，美团跌近3.5%，阿里巴巴、百度跌超2%，腾讯、京东均跌1%以上。 | 1 | 800700 | 恒生科技指数 | 5214.41 | -77.44 | -1.46% | 0 | | --- | --- | --- | --- | --- | --- | --- | | 2 | 03690 | 美团-W | 133.300 | -4.800 | -3.48% | 8144.4亿 | | 3 | 09626 | 哔哩哔哩-W | 160.200 | -4.600 | -2.79% | 659.83亿 | | 4 | 09988 | 阿里巴巴-W | 112.200 | -2.600 | -2.26% | 2.141万亿 | | 5 | 09888 | 百度集团-SW | 83.350 | -1 ...