12月8日，苹果官方宣布在京东、天猫等平台的旗舰店推出年末降价活动。其中，iPhone 17 Pro及iPhone 17 Pro Max机型每部降价300元，优惠后，iPhone 17 Pro售价 8699元/部起，iPhone 17 Pro Max售价9699元/部起。此外，部分地区可享国家补贴，最高可省500元/部。 市场分析人士认为，随着年底消费旺季来临，叠加产品供应的持续充足，iPhone 17系列在中国市场的销量有望冲刺新高。 最新消息，美国知名投行韦德布什的董事总经理、知名科技分析师丹·艾夫斯（Dan Ives）周一将苹果目标价上调至350美元，较当前水平高出约26%。艾夫斯周一在 X上发文称，iPhone 17销量超预期，以及苹果在人工智能（AI）领域加快发展势头，是其上调苹果目标价的核心催化剂。 苹果公司此前发布的2025财年第四季度财报（截至9月27日）显示，苹果第四财季总营收为1024.66亿美元，创同期历史纪录，较上年同期的949.30亿美元增长8%； 净利润达274.66亿美元，较上年同期的147.36亿美元大幅增长86%。 其中，第四财季iPhone营收同比增长6.1%，达到490亿 ...

Core Viewpoint - The company, Anshuo Information, is seeking to raise up to 600 million yuan through a private placement to fund various projects, including smart credit and risk digitalization, amidst scrutiny from regulators due to its past misleading statements and financial performance [4][6][10]. Group 1: Fundraising and Project Details - Anshuo Information plans to raise no more than 600 million yuan for projects including smart credit, risk digitalization, and upgrading its R&D center [4]. - The smart credit project will receive approximately 353 million yuan, accounting for nearly 60% of the total fundraising, with part of the funds allocated for purchasing office space in Shanghai [8][9]. - The company asserts that the new R&D center is necessary for supporting AI-driven applications and will not involve duplicative construction [9]. Group 2: Regulatory Scrutiny and Historical Context - The company has faced regulatory scrutiny due to its past misleading statements regarding its internet finance business, which was found to be largely non-existent [6][7]. - Anshuo Information has not pursued any financing plans for nearly a decade following its previous regulatory penalties, making this fundraising effort particularly significant [8]. Group 3: Financial Performance and Market Outlook - The company reported significant losses over the past two years, with net profits of -82.95 million yuan in 2022 and -53.46 million yuan in the first half of 2023, although it anticipates returning to profitability in 2024 [10]. - The high levels of inventory and accounts receivable are noted, with inventory valued at 560 million yuan, representing 52.57% of total assets, and accounts receivable increasing by 123.47% [11]. - The banking IT market is projected to grow significantly, with a 13% increase in 2023 and a compound annual growth rate of 9.3% expected from 2024 to 2028, indicating a favorable environment for the company's strategic initiatives [11].

财华社2025年12月8日讯，全球第四大资产管理公司道富投资管理今日发布《2026年环球市场展望：专 注前行，聚焦未来》，分析来年宏观经济前景及重要投资主题。报告分享道富投资管理对全球市场趋 势、风险及机遇的观点，涵盖延迟政策效应、财政刺激环境、股票选择，以及另类资产日益重要的角 色。该报告由首席投资总监Lori Heinel、首席投资策略师Jennifer Bender、欧洲投资策略与研究主管 Altaf Kassam及首席经济师Simona Mocuta撰写。 道富投资管理对2026年市场前景抱持「审慎乐观」立场，关税不确定性带来的上行风险大于下行风险， 并受惠于人工智能（AI）崛起及主要市场推出更多财政刺激政策等利好因素。 整体而言，道富投资管理看好股票市场，并略倾向美股，尽管美股存在估值偏高及市场过于集中等隐 忧。对非美国投资者而言，美元走弱或影响收益，惟可选择性作出避险措施。 固定收益方面，基于包括息差偏窄、政策背景，以及更多潜在冲击可能出现等因素，道富投资管理认为 发达经济体的政府债券较企业债券更具吸引力。 联储局在2026年将有空间进行最多三次减息。英伦银行在宽松进程中相对落后，预期未来数季将急 ...

#英伟达钱多到发愁#【#英伟达未来将手握4万亿现金流#】NVIDIA乘着AI的东风成为第一个市值5万亿 美元的公司，AI GPU没交付的订单就有5000亿美元，这也让NVIDIA的利润暴涨，结果就是手中的钱多 到数不过来。截至到10月底，NVIDIA手头的现金流约为605亿美元，而ChatGPT在23年1月份发布之 前，他们的现金流只有133亿美元，2年多就暴增四五倍。但这还只是开始，未来几年中NVIDIA的利润 还会继续暴涨，预计3年内现金流将达到5760亿美元，差不多就是4万亿元了。现在NVIDIA花钱的速度 跟不上赚钱的速度，后续如何花钱还是个问题，投资者当然希望再把钱拿出来分红或者回购，但 NVIDIA在这方面倒是清醒，CFO表示公司最大任务依然是确保有足够的资金交付下一代产品，他们要 提供资金给供应链合作伙伴扩产，才能满足AI市场的爆炸式需求。（快科技） 来源：@福布斯中文网微博 ...

Group 1 - The policy to attract semiconductor manufacturing back to the U.S. officially started after 2022, but there are now delays in the construction of new factories in both Europe and the U.S. due to weak semiconductor demand, except for AI semiconductors [2][10] - The EU is shifting its support focus from attracting foreign companies to funding R&D for domestic firms, with discussions on a budget framework in the trillions of yen [2][4] - The EU Commission is proposing amendments to the European Semiconductor Act and is collecting opinions from industry groups, with a request for a budget of €20 billion to be announced by spring 2026 [4] Group 2 - The EU will prioritize support for regional semiconductor giants like ASML and Infineon Technologies, focusing on R&D and building a domestic semiconductor supply chain in the medium to long term [5] - The U.S. has seen delays in new factory openings, with the Trump administration injecting approximately $8.9 billion into Intel and planning to renegotiate support policies from the Biden administration [7][9] - Weak demand for semiconductors, particularly in personal computers, smartphones, and automotive sectors, is leading companies to scale back new investments to avoid a supply-demand imbalance [10]

Group 1 - The core viewpoint of the article discusses the significant decline in non-farm employment in the U.S. since mid-2025, raising concerns about rising unemployment risks and the impact of AI on the job market [1][4] - AI adoption in the U.S. has increased from 3.7% to 10% over two years, with a notable rise in layoffs, particularly in the tech sector, where 21.7% of layoffs in October were reported [1][4][13] - The structural impact of AI on employment is evident in high-exposure industries, younger workers, and high-paying jobs, but overall, AI is not the primary cause of the employment downturn [1][19][29] Group 2 - The main reasons for the employment reversal in 2025 include a contraction in supply due to reduced immigration and government layoffs, alongside weakened demand [2][42] - The net inflow of illegal immigrants has decreased significantly, accounting for approximately half of the decline in new employment, with estimates suggesting a drop of 1.6 to 2 million illegal immigrants in 2025 [2][49][54] - Government layoffs and tariff impacts have contributed significantly to the employment slowdown, with government sector influences accounting for 37% of the decline in non-farm employment [2][64] Group 3 - In 2026, the labor market is expected to gradually rebalance, but short-term demand weaknesses will remain a core issue, with unemployment rates likely to rise [3][100] - The supply side may continue to contract due to stringent immigration policies, while demand may stabilize as government layoffs taper off [3][91] - The potential for AI to further impact employment remains, with studies indicating that AI could replace 11.7% of U.S. jobs, but the immediate risk of mass layoffs due to AI is considered low [3][95][100]

谈及芯片问题，黄仁勋表示，目前美国在这一领域具有优势，英伟达等美国科技企业拥有领先的AI芯 片技术，但中国已展现出巨大的潜力。他说："我们拥有领先的技术，但不能自满。记住，半导体是一 种制造工艺，任何认为中国不会制造的人都大错特错。" 在基础设施方面，美国的建设速度则完全无法与中国相比，黄仁勋说："如果你想在美国建设一个数据 中心，从动工到建好一台AI超级计算机大约需要三年时间。但中国一个周末就能建好一座医院。我们 在基础设施领域面临真正的挑战，中国是建设者，他们建设事物的速度是如此之快。" 英伟达CEO黄仁 勋 视频截图 【文/观察者网 陈思佳】近些年，随着人工智能（AI）产业规模持续扩大，对数据中心的需求空前高 涨，英伟达等美国科技巨头掀起建设数据中心的热潮。但由于美国正面临基础设施老化、建设进程缓慢 等问题，数据中心的建设并不顺利。 据美国《财富》杂志网站12月6日报道，英伟达首席执行官黄仁勋近日与美国智库战略与国际问题研究 中心（CSIS）负责人约翰·哈姆雷对话时表示，尽管美国目前仍在AI领域领先，但美国的基础设施建设 能力远不如中国，可能在"AI竞赛"中被中国反超。 黄仁勋将AI产业简化为"五层蛋糕 ...

Group 1 - From August this year, the U.S. imposed a 20% import tariff on Vietnam, yet Vietnam's exports to the U.S. continue to grow, with a trade surplus reaching $121.6 billion in the first 11 months of 2025, a 27.5% increase year-on-year [1] - Vietnam's exports to the U.S. amounted to $138.6 billion in the first 11 months, reflecting a year-on-year growth of 27.3% [1] - The U.S. remains Vietnam's largest export market, with a diverse range of products from footwear to furniture [1] Group 2 - In November, Vietnam's exports grew by 15.1% year-on-year, reaching $39.1 billion, although this growth rate was below economists' expectations [3] - Vietnam's imports also fell short of expectations, growing by 16% to $38 billion, with raw materials and production components making up the majority of imports [3] - The manufacturing sector in Vietnam showed positive growth, with industrial production value increasing by 11.8% year-on-year in November [3] Group 3 - On October 26, the U.S. and Vietnam reached a "Reciprocal Trade Agreement Framework," where Vietnam committed to providing preferential market access for most U.S. agricultural products [4] - As part of the agreement, Vietnam Airlines signed an $8 billion deal for 50 Boeing aircraft, and Vietnamese companies reached over $2.9 billion in agricultural procurement memorandums with U.S. firms [4] - The framework is still undergoing legal text negotiations and requires domestic procedures in both countries before it can take effect [4] Group 4 - Vietnam's actual foreign direct investment (FDI) utilization reached $23.6 billion in the first 11 months, marking an 8.9% increase and a five-year high [5] - The manufacturing and processing sectors attracted $19.56 billion in FDI, accounting for 82.9% of the total, while the real estate sector attracted $1.67 billion [5] - The registered capital for FDI reached $33.69 billion, a 7.4% increase compared to the previous year [5] Group 5 - Among the registered FDI capital, $15.96 billion was allocated to 3,695 new projects, with Singapore being the largest investor at $4.29 billion [6] - The industrial base in Vietnam is significantly strengthening, with a focus on high-value industries such as electronics and semiconductors [6] - The year 2026 is anticipated to be crucial for Vietnam's industrial market due to improved production prospects and a stable investment environment [6]

"AI像任何其他颠覆性技术，天然具有二分法及双刃剑的性质，故一要关注风险，二要借力打力，"中国 社会科学院学部委员、中国社会科学院前副院长蔡昉表示："AI将把结构性就业矛盾变为加强版和新常 态，故更好更有力度应对结构性矛盾是AI政策正确方向，既要找准症结、运用合理政策手段，也要实 现必要的范式转变。" 12月7日，由联办集团、和讯共同主办、财经中国会承办，主题为"寻找中国经济破局之路"的和讯财经 中国2025年会暨第23届财经风云榜在北京举行，蔡昉给出上述观点。 他认为，正确做法是在技术政策和产业政策层面，通过规制、激励、惩罚、劝善等手段，让AI开发 者、实验室、投资者、用户都以特定要求和做法"对标"就业优先战略。 在事中，则要以人力资源匹配为目标，发育劳动力市场和扩大公共就业服务，实现全生命周期人力资本 培养。 更大维度上，蔡昉提出，应以分享生产率红利为目标，通过改革和制度建设，提供更加普惠社会保障和 基本公共服务。 就业创造和就业破坏两者一直在竞赛：技术升级加快岗位创造和流失，新增就业不再等于净增就业； 2012年后城镇累计创造岗位1.7亿，流失0.5亿，净增1.1亿。 蔡昉认为，岗位流失已呈现加速势头， ...

尽管"黑五"销售额数据亮眼，但多重经济压力正在侵蚀美国消费市场的根基，表面增长难掩实际购买力 下降。 在美国，每年11月的最后一个星期五，即感恩节的后一天，被称为"黑色星期五"(下称"黑五")。当天， 商家们会推出大规模促销活动吸引消费者，美国假日购物季也随之开启。 在"黑五"之后的第一个星期一被称为"网络星期一"，也是美国一年中线上销售最火爆的购物日之一。 今年美国假日购物季迎来了"开门红"。12月2日，美国零售联合会(NRF)发布数据显示，从感恩节到"网 络星期一"的五天内，约有2.029亿美国消费者进行了购物。这不仅超出NRF此前预测的1.869亿人次，更 是打破了该组织自2017年开始追踪该数据以来的所有纪录。 然而，光鲜数字背后，美国消费者正面临通胀高企、就业市场走弱和关税推高物价的多重压力。赛富时 (Salesforce)报告显示，虽然消费总额增加，但消费者购买的商品数量减少了。 最近公布的美联储褐皮书也指出，美国消费支出整体进一步下滑，尤其是中低收入家庭。 线上狂欢 奥多比分析公司(Adobe Analytics)最终数据显示，"黑五"当天，美国线上销售额达118亿美元，创历史纪 录，较2024 ...