深入调研，定制精准宣传方案。活动开展前期，张庄路支行工作人员主动与多家企业深入沟通，了解员 工年龄层次、工作性质以及金融知识储备情况和常见疑惑。调研发现，企业财务人员常面临虚假票据、 账户信息泄露风险；普通员工则易陷入电信诈骗、网络借贷陷阱。基于此，支行组建由对公业务骨干、 内控专员构成的专业宣传团队，精心定制差异化宣传内容。 针对企业财务场景，团队聚焦"虚假供应商转账""票据伪造"等资金风险，结合真实案例，详细讲解账户 管理规范与交易核实流程；面对普通员工，围绕"电信网络诈骗防范""个人信息保护"等内容，准备生动 的图文资料与视频素材，力求以通俗易懂的方式普及金融知识。 在金融市场环境日趋复杂的当下，金融诈骗手段层出不穷，企业及员工面临着诸多金融风险挑战。为切 实提升企业金融风险防范意识，保护金融消费者合法权益，民生银行济南张庄路支行以"金号角"为载 体，积极开展消保宣传进企业活动，致力于为企业筑牢坚实的金融安全防线。 答疑解惑，提供一对一咨询服务。活动现场专门设置咨询台，为企业员工提供一对一金融咨询服务。针 对员工提出的理财产品选择、信用卡分期利率、个人征信维护等问题，工作人员耐心倾听，根据员工个 人财务 ...

活动当日，民生银行济南千佛山支行工作人员早早来到周边社区广场，布置了宣传展台，悬挂了醒目的 横幅，摆放了内容丰富、图文并茂的宣传展板和海报。活动开始后，该支行工作人员通过发放宣传折 页、一对一讲解、手把手教学等多种形式，向社区居民普及金融知识。针对老年群体容易遭遇的养老诈 骗、非法集资等问题，工作人员结合近年来发生的典型案例，详细讲解了诈骗分子的常用手段和套路， 如通过高额回报诱骗老年人投资、冒充银行工作人员骗取个人信息等。工作人员用通俗易懂的语言，帮 助居民认清诈骗的本质，提醒大家"天上不会掉馅饼"，遇到可疑情况要及时报警或咨询银行。 为了增强活动的趣味性和参与度，现场还设置了金融知识有奖问答环节。通过互动问答，居民们在轻松 愉快的氛围中加深了对金融知识的理解。许多居民表示，通过工作人员的讲解，他们对金融诈骗有了更 清晰的认识，今后会更加警惕，避免上当受骗。此次活动吸引了50余名社区居民积极参与，现场气氛热 烈，取得了良好的宣传效果。 随着金融市场的迅猛发展，消费者权益保护日益成为社会各界关注的焦点。近日，民生银行济南千佛山 支行以"吹响消保金号角"为主题，精心策划并实施了一系列消费者权益保护宣传活动，旨在 ...

活动现场，工作人员重点围绕防范电信网络诈骗、识别非法集资陷阱、保护个人金融信息安全、理性投资理财、珍爱个人征信记录等与群众切身利益密切相 关的热点问题，进行了耐心细致的讲解和案例剖析。他们用通俗易懂的语言，将复杂的金融概念和风险点转化为百姓易于理解的常识，帮助大家擦亮眼睛， 守好自己的"钱袋子"。针对老年群体这一金融风险防范的薄弱环节，该支行特别提供了"适老化"服务，工作人员一对一、手把手地指导老年人使用智能手机 银行的基础功能，提醒他们警惕"高息理财"、"保健品投资"等常见骗局，并告知正规的维权渠道。 本次活动共计发放宣传折页50余份，有效普及了金融知识，增强了公众的风险防范意识，展现了该行积极履行社会责任、守护金融消费者权益的良好形象， 深得洪家楼广场周边社区居民的认可和赞扬，参与活动的居民和客户都表示自己受益匪浅，并会向身边的亲戚朋友宣传普及。 保护金融消费者合法权益是银行义不容辞的责任，此次"吹响消保金号角"活动是民生银行济南历城支行常态化消费者权益保护工作的重要一环。未来，该支 行将继续创新宣传形式，拓宽宣传渠道，持续、深入地开展金融知识普及教育，致力于提升广大市民的金融风险识别能力和自我保护能力， ...

Core Insights - Dongpeng Beverage's stock price reached a peak of 328 yuan in June 2025, representing a nearly sixfold increase from its initial offering price of 46.27 yuan in May 2021, making it the most expensive consumer stock in A-shares, surpassing Moutai [1] - The rise of Dongpeng is attributed to a strategic approach involving precise market positioning, leveraging opportunities, and deepening strategic initiatives [1] Group 1: Market Positioning - Dongpeng Beverage identified a gap in the blue-collar market, focusing on cost-sensitive consumers who prioritize value over brand prestige, unlike the established Red Bull [2] - The launch of Dongpeng's energy drink, "Dongpeng Special Drink," in 2009 offered a price point at half that of Red Bull, addressing hygiene concerns with innovative packaging [3] Group 2: Competitive Landscape - A significant turning point occurred in 2016 when Red Bull faced internal disputes, leading to a temporary market share vacuum, allowing Dongpeng to capitalize on this opportunity [4] - Dongpeng's revenue grew from 28.44 billion yuan in 2017 to 42.09 billion yuan in 2019, with a compound annual growth rate (CAGR) of 21.65%, while net profit grew at a CAGR of 38.80% during the same period [5] Group 3: Strategic Expansion - Dongpeng Beverage has developed a digital marketing network over ten years, achieving a 100% coverage rate in prefecture-level cities and significantly improving promotional resource allocation efficiency [5] - The market share of Dongpeng Special Drink surged from 32% in 2021 to 47.9% in 2024, overtaking Red Bull as the market leader [5] Group 4: Emotional Value and Brand Development - Dongpeng has shifted its focus from functional needs to emotional value, establishing a connection with the Z generation through strategic marketing in esports and cultural events [6][8] - The introduction of a diversified product matrix under the "1+6 multi-category strategy" aims to capture various consumer needs, including electrolyte drinks, coffee, and tea [8][9] Group 5: Future Outlook - Dongpeng's growth trajectory reflects its ability to adapt to consumer trends and market dynamics, positioning itself as a leading player in the beverage industry with a market value nearing 1600 billion yuan by 2025 [10]

AI基金广发沪港深新机遇股票（001764）披露2025年二季报，第二季度基金利润3523.85万元，加权平均基金份额本期利润0.0595元。报告期内，基金净值 增长率为5.79%，截至二季度末，基金规模为6.71亿元。 该基金属于标准股票型基金。截至7月17日，单位净值为1.133元。基金经理是李耀柱，目前管理9只基金近一年均为正收益。其中，截至7月17日，广发港股 通成长精选股票A近一年复权单位净值增长率最高，达40.61%；广发聚优灵活配置混合A最低，为8.46%。 截至6月30日，基金近三年夏普比率为0.1456，位于同类可比基金72/159。 基金管理人在二季报中表示，回顾二季度，我们认为港股新消费领域受到全球投资者的认可。我们认为在新型消费领域会持续出现有优质产品的公司，将在 新消费领域持续寻找机会，把握好新消费的产业趋势。 截至7月17日，广发沪港深新机遇股票近三个月复权单位净值增长率为10.00%，位于同类可比基金79/167；近半年复权单位净值增长率为17.78%，位于同类 可比基金36/167；近一年复权单位净值增长率为22.62%，位于同类可比基金68/166；近三年复权单位净值增长率为 ...

AMP首席经济学家Shane Oliver表示，随着澳大利亚失业率升至疫情以来最高水平，且本周公布的6月就业数据显示出普遍 疲软，现在已很难将劳动力市场形容为紧张。这支持了澳洲联储本月早些时候就应该降息的观点。AMP的基本预测是澳 洲联储将在8月、11月、明年2月和5月降息，但疲软的就业数据表明，风险可能偏向于更快地放宽政策。 香港时间周五22:00，美国7月密歇根大学消费者信心指数初值将出炉，预计为61.5，此前6月终值为60.7。投资者还将盯紧 通胀相关数据。美国7月密歇根大学1年通胀预期预计为5.0%，5-10年通胀预期预计为3.9%。Bednarik指出，周五美国将公 布7月密歇根大学消费者信心指数初值，预计将从6月的60.7升至61.5。 今日周五(7月18日)亚盘时段，白银期货目前交投于9204一线上方，今日开盘于9110元/千克，截至发稿，白银期货暂报 9213元/千克，上涨0.70%，最高触及9244元/千克，最低下探9095元/千克，目前来看，白银期货盘内短线偏向看涨走势。 【要闻速递】 【最新白银期货行情解析】 相比于当前的通胀和就业数据，美联储独立性受挫是后续贵金属市场交易的主线，宽松货 ...

#报告 瑞银香港市场展望，涉及上市融资活动、稳定币、零售消费以及住宅写字楼市场。None (@None):None ...

芯片人去德国参展，除了慕尼黑电子展，还应该看什么？ 柏林国际消费电子展(IFA) ，绝对不容错过！ 为啥这么说？ IFA作为贸易和行业交流的重要商业平台，覆盖B2B和B2C的未来尖端科技，许多人将IFA形容为 " 必争之地 " 。 去年的IFA 吸引了 1800多家 企业参展，以及来自 138个国家 的 21万 多名（包括 133,000 多名专业观众）观众，展会当天当时的德国总理朔尔茨更是亲自前来巡展。 今年， I F A 继续 发力 ， 将 AI、可持续发展和数字健康 作为 核心 ， 大部分 头部展商 已经 确认参加今年的IFA展会，众多 初创企业 也纷纷加入。 参展 展品 类别 包括 ： 电视 、 智能家居 、 可穿戴设备 、 数字健康 、 大 / 小 型家电 、 嵌 入式设备 、 通信与连接 、 电脑与游戏设备 、 智能移动 、 人工智能 、 电子设备 、 音响 等等 。 IFA Global Markets 今年也将继续在柏林展览中心举行。这个为 OBM 、 OEM 和 ODM 而设的平台为制造商、分销商和零售商提供了建立新的业务联系和扩大创新产品客户群的机会。 自2018年起 ， 我们已经 3次 ...

Core Viewpoint - The fiscal characteristics of 2025 include expansion in total scale, front-loaded issuance rhythm, and differentiated structural features, which can explain some economic phenomena in the first half of the year [1][10][45]. Group 1: Fiscal Characteristics - Characteristic one is the expansion of total scale and differentiation in narrow and broad structures. The narrow fiscal deficit target rate of 4.0% is the upper limit of market expectations, with the target deficit scale increasing by 39.4% compared to 2024, marking the highest growth in the past decade [13][14][45]. - Characteristic two is the front-loaded fiscal rhythm and differentiation between central and local structures. Local governments have been actively issuing debt, but the contribution of infrastructure projects has not been significant. Central fiscal measures, including national bond issuance and "national subsidies," have been the main support for various economic segments [2][16][19]. - Characteristic three indicates that both narrow and broad fiscal revenues are influenced by lagging effects, PPI levels, and land market conditions, with growth rates lower than initial budget targets. This has contributed to the widening fiscal deficit in the first half of the year [22][23][24]. Group 2: Fiscal Revenue Expectations - Looking ahead to the second half of 2025, favorable conditions for fiscal revenue include potential improvements in nominal growth due to "anti-involution" policies, which may boost tax revenue. However, adverse factors include a slowdown in real estate sales and a potential decline in land revenue [24][25][26]. Group 3: Government Debt Supply - In the second half of 2025, the government is expected to net increase about 5.8 trillion yuan in various types of government debt. The net financing pressure for government debt in the second half is relatively small compared to the first half [27][28][29]. Group 4: Fiscal Expenditure Projections - Broad fiscal expenditure is primarily determined by the scale of bond issuance and revenue. The expected growth rates for broad fiscal expenditure in optimistic, neutral, and cautious scenarios are approximately 8.4%, 7.8%, and 7.0%, respectively, all higher than the previous year's 2.7% [30][31][32]. Group 5: Infrastructure Performance - Infrastructure performance in the second half of 2025 is expected to improve compared to the first half, driven by the acceleration of long-term national bond funding and the introduction of new policy financial tools [5][33][34]. Group 6: Diverse Fiscal Support Areas - Beyond infrastructure, fiscal support is increasingly diverse, including "national subsidies" to boost retail sales, potential nationwide child-rearing subsidies, urban renewal initiatives, and measures to address corporate debt [35][36][37]. Group 7: Fiscal and Tax System Reforms - The focus of fiscal and tax system reforms during the "15th Five-Year Plan" period will include tax reforms, such as shifting consumption tax collection to local levels, and adjustments in the distribution of fiscal powers between central and local governments [39][40][41]. Group 8: Asset Pricing Implications - The fiscal clues for the second half of the year are expected to influence asset pricing, particularly benefiting construction-related industries and emerging sectors like low-altitude and digital economies [43].

Group 1 - The core viewpoint of the article highlights the performance and strategy of the AI Fund Yinghua Yongxiang Flexible Allocation Mixed Fund (180028) for the second quarter of 2025, reporting a profit of 4.67 million yuan and a net asset value growth rate of 5.47% [2][3] - As of July 17, the fund's unit net value is 1.375 yuan, with a one-year compounded unit net value growth rate of 25%, the highest among its peers [2][3] - The fund manager, Guo Sijie, focuses on consumer sectors and maintains a high position, increasing allocations in new consumption areas such as gold and jewelry, snacks, and electronic cigarettes [3] Group 2 - The fund's performance metrics indicate a three-month compounded unit net value growth rate of 5.04%, a six-month growth rate of 8.70%, and a three-year growth rate of -12.70%, ranking 489 out of 870 among comparable funds [3][10] - The fund's maximum drawdown over the past three years is 39.21%, with the largest single-quarter drawdown occurring in Q1 2024 at 22.27% [10] - The fund's top ten holdings as of the end of Q2 2025 include companies such as Nanjing E-commerce, Inpai, and Haian Home [17]