上海黄金交易所黄金T+D 7月11日（周五）晚盘盘初上涨0.06%报770.45元/克； 上海黄金交易所白银T+D 7月11日（周五）晚盘盘初上涨0.98%报9085.0元/千克。 黄金延期 白银延期 ...

特朗普关税声明通告，市场避险情绪再启！黄金日内逼近关键阻力，短线是否再度反转？立即观看超V 推荐官Jason的分析，马上进入直播间>>> 相关链接 ...

相关链接 期货盯盘神器案例分享 红枣连续反弹，如何通过盯盘神器把握反弹行情？ ...

Core Viewpoint - The U.S. plans to impose comprehensive tariffs, leading to a resurgence of risk-averse sentiment, which may drive gold prices to potentially reach 3350 [1] Group 1 - The announcement of comprehensive tariffs by the U.S. government is expected to impact market dynamics significantly [1] - Increased risk-averse sentiment among investors is likely to result from the tariff plans, influencing asset allocation strategies [1] - Analysts suggest that gold could see a price surge, with projections indicating a potential rise to 3350 [1]

Core Insights - The rise of "accompanying climbing" services reflects a new definition of travel experiences among younger consumers, emphasizing emotional value and personalized support over traditional guiding roles [1][2][3] - The growth in visitor numbers at Wugong Mountain is linked to the younger demographic becoming the main force in the tourism market, seeking both challenge and social companionship [2][3] Group 1: Market Dynamics - In June alone, the team led by Zhu Jianfeng completed 29 days of accompanying climbing orders, indicating a surge in demand for this service [1] - Wugong Mountain received 2.6285 million visitors in the first half of the year, with an increasing number of young people opting for emotional support services [1] Group 2: Industry Challenges - The majority of "accompanying climbing" services are currently operated individually, leading to non-standardized transactions that pose various risks [2] - There is a need for improved institutional design to regulate market behavior, including establishing qualifications, service standards, and safety guarantees for practitioners [2] Group 3: Service Evolution - The emergence of "accompanying climbing" services fills a gap between traditional guiding and self-guided experiences, offering a third option that combines exploration freedom with necessary professional support [3] - Understanding the underlying emotional value demands from tourists can lead to a transformation in the tourism industry from merely providing scenery to offering meaningful experiences [3]

Core Insights - The article discusses the potential for a significant upward movement in gold prices, driven by both technical and fundamental factors [1] Group 1: Market Trends - There is an indication of a trending market for gold, suggesting a possible "extreme" movement on Friday [1] - The support for this potential upward trend is attributed to a combination of technical analysis and fundamental market conditions [1] Group 2: Trading Insights - The TTPS trading team is actively sharing insights through live broadcasts, focusing on the dynamics of gold trading [1] - The emphasis is on whether bullish sentiment can accelerate the upward movement in gold prices [1]

乌克兰军事情报局长：预计与美国的情报交流将会继续。必须在年底之前达成停火。 ...

Group 1 - The core viewpoint indicates that the current market conditions, characterized by a lack of selling pressure and a high concentration of trading in large tech stocks, may suggest an overly optimistic sentiment among investors, potentially leading to a market correction [1][4][5] - The S&P 500 index has reached record highs multiple times recently, with a notable increase of approximately 26% since late April, yet the volume of declining stocks has dropped to its lowest level since 2020, indicating a possible overconfidence in the market [1][4] - Historical data shows that similar market conditions in the past have often preceded declines of at least 5% in the S&P 500, suggesting that a correction could be on the horizon, although it may be limited to a 3% to 5% range [1][3] Group 2 - Investors are currently favoring aggressive sectors such as technology and finance over defensive sectors, reflecting a strong risk appetite, which may lead them to view any market pullback as a buying opportunity [3][4] - The Chicago Board Options Exchange Volatility Index (VIX) has fallen to its lowest level since late February, indicating a decrease in demand for protection against market downturns, which could be interpreted as a sign of investor complacency [4][5] - Despite the low VIX levels, it is suggested that this does not indicate a lack of awareness regarding risks, as investors have already priced in known uncertainties such as trade tensions and economic growth concerns [5]

【冠通研究】 PVC：震荡下行 制作日期：2025年7月11日 【策略分析】 逢高做空 上游电石价格稳定。目前供应端，PVC开工率环比减少0.47个百分点至76.97%，PVC开工率继续下 降，处于近年同期中性水平。PVC下游开工下降，同比往年仍偏低，采购较为谨慎。印度将BIS政策 再次延期六个月至2025年12月24日执行，中国台湾台塑7月份报价上调10-25美元/吨，出口高价成交 受阻，但低价出口交付较好。但印度迎来雨季，或于7月上旬执行的印度反倾销政策仍将限制中国 PVC出口。本周社会库存继续增加，目前仍偏高，库存压力仍然较大。2025年1-5月份，房地产数据略 有改善，只是同比仍是负数，且投资、销售与竣工面积同比降幅仍较大，竣工面积同比增速进一步 下降。30大中城市商品房周度成交面积环比回落，仍是历年同期最低水平，房地产改善仍需时间。7 月PVC检修继续增加，但以碱补氯之下，预计PVC开工率继续下降空间有限，市场关注液氯价格下跌 压缩氯碱综合利润。同时万华化学、天津渤化等新增产能即将投产，电石价格支撑弱，需求未实质 性改善之前PVC压力较大。印度PVC BIS政策再次延期6个月，中央政策推动落后产能退 ...

| 投资者关系 | ☑特定对象调研 □分析师会议 | | --- | --- | | 活动类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 路演活动 | | | ☑现场参观□其他 | | 参与单位名称 | 第一财经广播、汇正财经及个人投资者共 29 名 | | 时 间 | 2025 年 7 月 11 日（星期五） | | 上市公司接待 | 副董事长兼总经理 沈军 董事会秘书 刘洪林 | | 人员姓名 | 证券事务代表 陆文昭 | | 接待地点 | 上海市浦东新区耀华路 899 号世博耀华商务中心 A 座 | | | 1、今年游戏行业怎么样？公司业务发展如何？ 回复：今年游戏行业表现还不错。根据伽马数据《2025 年 1 | | | —3 月中国游戏产业月度报告》，2025 年 1—3 月，中国游戏市场 | | | 规模为 857.04 亿元，同比增长 17.99%，环比下降 1.21%。移动端、 | | | 客户端游戏市场均对整体游戏市场的同比增长做出贡献。根据伽 | | 投资者关系活动 | 马数据《2025 年 5 月中国游戏产业月度报告（完整版）》，2025 | | 主要内容介绍 | 年 5 ...