Core Viewpoint - Japanese Prime Minister Shigeru Ishiba has instructed senior members of the Liberal Democratic Party to ensure the rational sourcing of funds, rather than relying on deficit financing bonds [1] Group 1 - The emphasis is on the importance of securing reasonable funding sources for government operations [1] - The directive indicates a shift in fiscal policy focus towards sustainable financing methods [1] - This approach aims to mitigate the risks associated with excessive reliance on debt [1]

Core Viewpoint - The high parking rental fee of 1800 RMB/month at the Dahua Jinchengfu community in Shanghai has raised significant dissatisfaction among homeowners, especially when compared to nearby communities with much lower fees [1][3][4]. Group 1: Parking Fee Discrepancy - The parking rental fee at Dahua Jinchengfu is the highest in the area, significantly exceeding the 650 RMB/month fee at the nearby Dahua Feile Park community [2][3]. - Homeowners expected a more reasonable parking fee based on the developer's previous statements during the sales phase, which indicated that the fee would not exceed 1800 RMB/month and would align with surrounding community prices [3][4]. Group 2: Developer and Property Management Response - The property management claims that the pricing has been approved by the government, but homeowners have found no evidence of such approval, suggesting that the developer may be misrepresenting the situation [6]. - Homeowners have faced challenges in expressing their concerns due to the lack of an established homeowners' committee, which complicates collective action against the developer [6][7]. Group 3: Legal Perspectives - Legal experts indicate that while the developer has the right to set prices, they must prioritize homeowner needs and adhere to regulations that prevent excessive pricing compared to similar properties in the area [7]. - The significant difference in parking fees between Dahua Jinchengfu and comparable communities raises questions about the legality of the pricing strategy employed by the developer [7].

Group 1 - The ongoing fourth national cultural relics census focuses on material cultural heritage reflecting the history of the Communist Party, New China, reform and opening up, and the history of socialism, enhancing the registration and protection of important historical sites [1][2] - The census is a significant national condition and strength survey, essential for the development of cultural relics, aiming to identify and protect more relics, ensuring comprehensive protection [2][3] - The census work connects scattered fragments of civilization into a "genealogy" of cultural relics, providing important references for drawing wisdom from civilization, inheriting cultural roots, and promoting national and contemporary spirit [2][3] Group 2 - The protection of cultural relics requires both professional efforts and public participation, with awareness of cultural relics protection growing through this process [3] - The standards for relic identification are continuously improving, expanding the scope of protected objects and enriching the value connotation of cultural relics [3] - The approach emphasizes "protection first, rescue first, reasonable use, and strengthened management," with a focus on utilizing cultural heritage to meet public cultural service needs [3][4] Group 3 - Examples of utilizing cultural relics for public cultural services include the construction of fitness trails near ancient rock paintings in Yunnan and the development of rural tourism in Nujiang, which attracts visitors [4] - The transformation of the old Xi'an Film Studio into an art venue and commercial hub illustrates the economic potential of cultural relics [4] - Each census promotes the leap-forward development of the cultural relics sector, establishing a solid foundation for high-quality development in this field [4]

华润置地在当前房地产市场疲软的情况下，其商业资产的表现如何？ 尽管房地产市场仍处于疲软状态，华润置地在 2024 年四季度以来经历了持续 6 个月的修复后，于 2025 年 4 月再次出现下滑。然而，华润置地目前处于历 史低位的估值水平已经充分反映了市场对房价以及中国债务通缩和人口老龄化 的担忧。华润置地已经成功转型为住宅与商业并重的地产运营商，截至 2024 年底，公司拥有 92 座已开业的重资产商场，其中 85%的商场以中高端消费为 主。此外，公司还有 23 座正在建设中的商场，预计在 2025 至 2028 年陆续开 业。作为中国规模最大且盈利能力最强的商场运营商之一，华润置地在 2022 年提出从资产拥有者逐步转向估值水平更高的资产管理者，这一战略性决定被 认为是正确且具有前瞻性的。 大摩闭门会-稀土、金融、房地产行业更新 20250611 摘要 华润置地已成功转型为住宅与商业并重的地产运营商，拥有 92 座已开 业商场，且有 23 座在建，预计未来几年陆续开业。公司战略性地从资 产拥有者转向资产管理者，有望提升估值水平。 华润置地通过深圳交易所的商业 REITs 平台进行首次扩募，预计未来 3- 5 ...

Group 1 - The core conflict between Trump and Harvard is rooted in the ideological tension between Trump's MAGA movement and the generally left-leaning culture of American universities, which is expected to manifest in various forms in the future [2] - The Trump administration has exerted pressure on Harvard through multiple means, including freezing federal funding and threatening to revoke tax-exempt status, leading to legal challenges from Harvard [1][2] - The legal battles are likely to focus on constitutional issues regarding the separation of powers, particularly the boundaries of legislative, executive, and judicial authority [2][3] Group 2 - The Trump administration's suspension of visa approvals for international students at Harvard raises questions about the authority of administrative agencies to restrict entry for specific groups, which ties into constitutional protections [3][4] - The basis for Trump's actions is the Immigration and Nationality Act (INA), which grants the president broad discretion to suspend entry for foreign nationals deemed harmful to U.S. interests [4][5] - Historical judicial precedents have affirmed the executive branch's plenary power over immigration matters, making it challenging for Harvard to contest these actions [6][9] Group 3 - Harvard's legal strategy may involve arguing that the policies targeting foreign students infringe upon its First Amendment rights and significantly hinder its educational and research missions [11][12] - The university could also claim that the actions against it are politically motivated, as Trump has publicly targeted Harvard, which may strengthen its case [12][13] - Despite the challenges, Harvard's position as a prominent U.S. institution may provide a unique legal standing compared to previous cases involving non-citizens [10]

日本财务大臣加藤胜信：将努力实现日本政府债券的合理管理。 ...

大摩闭门会-中国消费动态："新旧、快慢" 有轮转吗？ 20250606 摘要 大消费市场整体疲弱，通缩压力明显，618 促销火爆反映需求不足，端 午节需求增速未见显著改善，人均消费额较疫情前下降约 12%。 选股策略维持困境反转、新兴高成长及估值合理运营优秀公司。推荐乳 业（蒙牛、伊利）、珠宝（周大福）、新兴消费（泡泡玛特、巨子生 物）、运动品牌（百胜中国、安踏）及波司登。 零食品类收入增长显著，受益于新渠道和健康意识，卫龙魔芋产品增速 超预期。企业需关注创新能力、原材料效率及海外市场拓展。 运动板块 4 月销售受影响，5 月因促销活动有所改善，但折扣加深。李 宁、安踏等品牌折扣增加，宝胜库存上涨，销售下跌，库存周转天数增 加。 Lululemon 中国区保持 30%以上增长，高端小众品牌增长较快。安踏 集团多品牌布局成功，Amer Sports 业绩提升，对安踏权益收入有显著 帮助，预计 2025 年保持 10%-15%收入增长。 Q&A 今年以来港股中高成长的新消费业态和行业表现如何？传统大消费板块的表现 又如何？ 今年以来，港股中代表新消费业态和行业的股票表现非常强劲，从年初至今整 体上涨接近 150% ...

美国商务部长：钢铁每吨1000美元是合理价格。 ...

以下文章来源于量化投资 ，作者十拳剑 量化投资 . 百万滚到千万的实盘分享与思考，不定期分享资产配置研究： 1.广度上通过爬虫定期对全市场所有公募基金进行自 动数据获取、存储； 2.深度上计算时间序列特征、协方差矩阵；3.分别锚定2%和10%波动率，求解最大回报率下的 配置方案。 风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者： 十拳剑灵 来源：雪球 现代资产配置理论中 ， " 固定整体波动率 ， 分配各类资产波动率暴露以最大化收益率和夏普率 "的底层逻 辑 ， 源自对组合效率的极致追求 。 其核心是通过三个步骤重构投资范式 。 这篇文章以雪球的 " 三分法 " 工具回测对比三种策略 ： | 全部 B | 子账户 | | + 创建 | | | --- | --- | --- | --- | --- | | 纯长债 | | 日收益(05-27) | | 累计收益 | | 0.00 | | 0.00 | | 0.00 | | 占总资产 0.00% | | | | | | 短债固收加 | | 日收益(05-27) | | 累计收益 | | 0.00 | | 0.00 | ...

不仅个人幸福感提升，大多数岗位的生产效率也并没有受到影响，有的反而还提高了。参与者表示，减少的工作 时间使他们能够专注于锻炼和社交，从而提高了他们的工作表现。 随后，越来越多的国家加入了这一趋势。爱尔兰于2022年开启了为期六个月的每周工作四天制度试验；西班牙也 启动了为期三年的32小时工作周试验，作为该国从疫情中经济复苏的一部分。 高强度、长时间的工作压力，会给一个人带来多大的精神负担？ 英国哲学家罗素说："拼命工作是奴隶的道德，现代社会不需要奴隶制。"他强烈反对现代社会人们的超负荷工 作，甚至建议"将工作时间缩短为4小时，一切都会好起来"。 很遗憾，我们没有找到直接的心理学研究证据可以明确支持这一观点。但好消息是，找到了许多"平替"：一些确 凿的证据表明，我们可能真的不需要那么多的时间来工作。 今天我们就来聊聊：工作时间的变化会对我们的心理健康产生怎样的影响？从有益于心理健康的角度，一周工作 多少时间是最佳的？ 我们发现了这4件事情。 一周只上4天班，大多数人都会更快乐 在一些发达国家，减少一周工作时间的尝试已经开始。 早在2021年，冰岛就开启了"一周工作4天"的大型试验。超过2，500名员工在2015 ...