Group 1 - The A-share market is seeing strong performance in sectors such as computers, electronics, and communications, with significant activity in concepts like virtual power plants, snow tourism, rare earths, Kimi, and digital currencies [1] - The Xinchuang ETF (562570) has attracted a net inflow of 1.191 billion yuan over the past five trading days, with a net inflow rate of nearly 270%, indicating heightened investor interest in the Xinchuang sector [1] - Key reasons for the interest in the Xinchuang ETF include its coverage of popular concepts like EDA self-control, holdings in stocks benefiting from the Hongmeng ecosystem, and a DeepSeek content ratio of 48.1%, ranking first among tracked indices [1] Group 2 - China Construction Bank announced a major procurement project involving Kunpeng and Haiguang chip servers, with a total value exceeding 4.4 billion yuan, which may set a benchmark for the financial industry [2] - The period from 2025 to 2027 is viewed as a critical window for Xinchuang upgrades, with expectations of increased domestic replacement in financial institutions as policies advance [2] Group 3 - The Xinchuang ETF (562570) is the largest ETF tracking the CSI Xinchuang Index, which has significant weight from Haiguang Information and Zhongke Shuguang, accounting for over 10% of the index [3] - The Cloud Computing 50 ETF (516630) tracks an index with high AI computing power content, covering sectors like optical modules, computing leasing, data storage, and servers, with Zhongke Shuguang being the sixth-largest weight [3]

Group 1 - The A-share TMT sector experienced a morning surge on June 5, with computer, electronics, and communication industries leading the market [1] - The AI ETF Huaxia (159381) rose over 1%, with holdings such as Zhongwen Online, Hangyu Micro, and Shenxinfeng leading the gains [1] - According to the strategy team at Industrial Securities, short-term tariff disturbances may impact the overall market and technology style, but the technology growth sector has reached a favorable valuation after adjustments [1] Group 2 - The Huaxia AI ETF (159381) is recommended for exposure to the TMT technology sector's recovery, featuring low fees and high elasticity, with a management fee of 0.15% and a custody fee of 0.05% [2] - The ETF tracks the entrepreneurial board AI index and includes leading companies in AI hardware, software, and applications, with significant exposure in optical modules and IT services [2] - The top ten constituent stocks include leading optical module companies such as Xinyi Sheng, Zhongji Xuchuang, and Tianfu Communication, as well as major players in IDC, cloud computing, and data center industries [2]

构建多元供给格局。在强化政府部门兜底保障作用的同时，也要支持社会力量以多元供给满足群众 需求。比如，随着人口老龄化程度加深，不少经营主体参与到提升老年人公共服务中来，养老驿站、老 年大学、父母食堂等设施的建立，有效补齐了服务供给短板。人们对公共服务的期许已经从"有没有"转 向"好不好"，多元化社会力量的加入，将有力推动公共服务实现高品质、多样化升级，从而更好满足人 们对美好生活的期待。(本文来源：经济日报 作者：张晓) 要树立底线思维。提高公共服务水平的过程，是不断解决群众急难愁盼问题的过程，这是一项循序 渐进的长期任务。在这一过程中，要优先加强普惠性、基础性、兜底性民生建设，解决好群众最关心最 直接最现实的利益问题，尤其要在针对儿童、老年人、残疾人、农民工、失业人群等弱势群体的帮扶上 做实做细，在增强基本公共服务均衡性可及性上再上水平。 积极回应群众期盼。公共服务的对象是群众，要实现公共服务供给与需求的适配，就要坚持以群众 的诉求为出发点和落脚点。要充分尊重群众的主体地位，将群众的参与权、知情权、管理权和监督权落 到实处，从而实现公共服务内容与群众实际需求的同频共振。一方面，要聚焦基层，通过听证会、座谈 会 ...

Flex (FLEX) 2025 Conference June 04, 2025 04:20 PM ET Speaker0 Global Technology Conference. My name is Ruplu Bhattacharya, and I cover EMS companies, electronics manufacturing services companies as part of Bank of America's IT hardware and supply chain equity research team. Today, we have the team from Flex, and I'm honored to have CEO Revathi Advaithi here. Revathi, as you know, has joined the company. I think she joined in 2019, and she's done a phenomenal job on two fronts. One is, like, amazing job on ...

Core Viewpoint - Unisoc Co., Ltd. is preparing for a secondary listing on the Hong Kong Stock Exchange, driven by the increasing demand for computing power from its DeepSeek large model, positioning itself as a leading provider of digital and AI solutions in the ICT sector [1][2]. Company Overview - Unisoc is a subsidiary of Tsinghua Unigroup, originally listed on the Shenzhen Stock Exchange in November 1999, and is part of a larger group that includes multiple listed companies in both A-shares and H-shares [1]. - The company ranks third in China's digital infrastructure market and second in both the networking and computing/storage infrastructure markets, according to Frost & Sullivan [1]. Business Model and Revenue - Unisoc offers a comprehensive range of digital solutions, integrating cloud computing, big data, AI, IoT, cybersecurity, and edge computing, which supports various industries in their digital transformation [2]. - The company has four major subsidiaries, with H3C contributing the most to its revenue, recognized as a leading manufacturer of AI servers and Ethernet switches [2]. Financial Performance - Unisoc's revenue has shown steady growth, with reported revenues of approximately 737.52 billion RMB, 775.38 billion RMB, and 790.24 billion RMB for the years 2022, 2023, and 2024, respectively [3]. - The digital solutions segment has become the main revenue driver, accounting for 62.7%, 68.4%, and 70.5% of total revenue in the same years [3][4]. Profitability - The company's net profits from continuing operations were approximately 37.42 billion RMB, 36.85 billion RMB, and 19.82 billion RMB for 2022, 2023, and 2024, respectively, with a declining gross margin from 19.8% to 16.0% over the same period [5]. - Despite a drop in profit for 2024 due to increased costs and reduced margins, the company maintains a strong cash position with 73.17 billion RMB in cash and cash equivalents by the end of 2024 [5]. Market Trends - The global digital solutions market has been growing steadily, projected to increase from 1.5 trillion USD in 2020 to 2.6 trillion USD by 2024, with a compound annual growth rate (CAGR) of 14.1% [7]. - The market is expected to reach 4.8 trillion USD by 2029, with a CAGR of 12.7% from 2024 to 2029, driven by advancements in cloud computing, AI, and other technologies [7]. Competitive Landscape - The company faces increasing competition from major players like Huawei and ZTE, particularly in the telecommunications sector, and must navigate challenges from rising self-developed hardware by cloud service providers [11]. - Unisoc's IPO proceeds are intended for R&D, strategic investments, and global market expansion to strengthen its competitive position [11]. Future Outlook - The successful listing on the Hong Kong Stock Exchange is anticipated to elevate the company's market presence, with potential for strong long-term value driven by technological barriers and favorable policies [12].

图片来源：Jaap Arriens—NurPhoto via Getty Images 当人工智能吸引了大多数关注的目光时，云计算正隐于幕后，默默推动着新一轮技术创新浪潮。 对技术不甚了解者或许认为云端只是存储简单文档的空间，类似Box或Google Drive。但卡内基梅隆大 学（Carnegie Mellon University）数字媒体与营销教授阿里·莱特曼指出，事实上，对于需要处理海量多 元数据的初创公司和企业而言，高效的云存储正是企业飞速增长的助推器。莱特曼曾参与高科技创业。 在云计算时代之前，企业动辄需要斥资数百万美元自建数据存储基础设施，包括购置内部服务器，这不 仅让资产负债表承受压力，更成为小型企业难以跨越的入场门槛。如今借助云计算技术，企业可以在场 外存储庞杂的数据，降低了企业的成本。 例如，医疗健康公司需要耗费大量预算和人力，维护和存储病历、传感器数据和医学影像等多模态信 息，而云解决方案能有效化解这一困境。 莱特曼对《财富》杂志表示："任何组织想要自主收集并存储全部数据都是天方夜谭。而云平台不仅集 中托管数据，更能建立高效的数据调用通道。" 尽管云计算技术举足轻重，但在宏观科技讨论中经 ...

Group 1: Market Overview - The A-share market experienced a collective rise, with the Shanghai Composite Index up by 0.42%, the Shenzhen Component Index up by 0.87%, and the ChiNext Index up by 1.11% [1] - The total market turnover reached 1,117.4 billion yuan, an increase of 13.6 billion yuan compared to the previous day, with over 3,900 stocks rising [1] Group 2: Beer Sector Performance - The beer sector saw significant gains, with multiple stocks hitting the daily limit [3] - The rise in the beer sector is attributed to the ongoing popularity of "new consumption" trends and the "micro-drunk economy," where younger consumers prefer low-alcohol beverages for relaxed social experiences [3] - Qingdao Beer has been recommended by 15 brokerage firms in the last three months, indicating strong investment value, with reasons including resource optimization and market expansion [3] Group 3: Tobacco Sector Activity - The tobacco sector showed active performance, with companies like Jinjia Co. and Huabao Co. hitting the daily limit [4] - Recent regulatory updates from the National Tobacco Monopoly Administration aim to enhance the electronic cigarette regulatory framework, impacting production and market standards [4] - The stock of Hong Kong Tobacco surged over 7%, reaching a historical high, further fueling market enthusiasm for tobacco-related concepts [5] Group 4: Market Outlook - Positive factors for the market include favorable views from foreign investment banks and potential tariff benefits, which may boost market sentiment [5] - Analysts suggest that the market adjustment space is limited due to supportive policies, with a focus on structural opportunities [6] - The technology and consumer sectors are expected to remain key investment themes, with high-growth industries such as AI infrastructure and robotics being highlighted [6]

金十数据6月4日讯，记者4日从宁夏回族自治区人民政府新闻办公室举行的发布会上获悉，截至目前， 宁夏已建成大型、超大型数据中心9个，在建数据中心项目27个，标准机架数达到14.2万架，建成智算 算卡11.6万张。宁夏为4000余家企业用户提供云计算服务，20多个大模型在宁夏落地训练。（新华社） 宁夏为4000多家企业用户提供云计算服务 ...

点评：潮玩龙头IP势能爆发，全球化扩张驱动市值新高。 2.微软将在瑞士投资4亿美元建设AI基础设施和云计算 微软日前在瑞士伯尔尼表示，将在瑞士投资4亿美元，用于人工智能基础设施和云计算。这笔资金将用于扩 大和升级微软在日内瓦和苏黎世附近的四个数据中心，以响应瑞士对人工智能和云计算服务日益增长的需 求。此次扩建将服务于现有和新客户，并确保数据存储在瑞士境内，这对医疗、金融和政府等行业来说是 一项重要要求。微软还将扩大与中小企业的合作，并加大培训力度，帮助人们使用人工智能和数字工具。 目前微软在瑞士拥有1000名员工，但没有详细说明这笔投资未来将创造多少就业岗位。 3.监管摸排资本市场小作文情况，整治网络"黑嘴"乱象 记者了解到，有地方证监局向涉资本市场主体（含上市公司、机构）下发通知，摸排涉股市"小作文"线索、 案例及建议，旨在更好推动整治资本市场网络"黑嘴"伤企乱象，共同营造风清气正的资本市场舆论环境。此 次摸排是对政策端的执行，日前中央网信办公开印发《关于开展"清朗•优化营商网络环境⼀整治涉企网 络'黑嘴'"专项行动的通知》。 点评：重拳整治虚假信息，净化市场生态，护航投资者权益。 4.估值达90亿美元，马 ...

杭州地处钱塘江、京杭运河、杭甬运河交汇枢纽，拥有航道里程2026公里，通航水域589.1平方公 里。5月29日，在市十四届人大常委会第二十七次会议上，《杭州市水上交通条例（草案）》（下称 《条例（草案）》）提交审议，旨在以地方立法为水运复兴、文旅融合等提供法治保障。 杭州在1998年出台了《杭州水上交通管理条例》《杭州市水上交通事故处理条例》两部地方性法 规，并先后制定了三部政府规章。近年来，相关上位法多次修改，对水上交通管理提出新要求，现行水 上地方性法规已不能适应构建现代化内河航运体系的发展需要。 《条例（草案）》坚持问题导向，结合杭州实际、发挥杭州优势，就上位法规定进行细化，同时针 对水上停靠点和水上活动区域管理要求进行明确。 《条例（草案）》不少细则颇具"杭州味"。例如，明确提出运用物联网、大数据、云计算、人工智 能等技术，提升水上交通管理智能化水平；健全相关信用管理制度，提升水上交通监管能力水平等。同 时为满足"后亚运"时期市民高涨的"亲水热情"，对水上停靠点和水上活动区域管理进行明确。例如，明 确主管部门应当将水上停靠点布局纳入港区规划；通航市域内使用竹筏、橡皮艇、摩托艇等开展漂流、 游乐等水上活 ...