转自：北京日报客户端 契合年轻人情绪消费需求，打造全球文化IP 乐凯彩色胶卷停产16年后复产上市 乐凯胶片 智能化涂塑产线。受访单位供图 7月11日，乐凯胶片股份有限公司（以下简称"乐凯胶片"）生产车间内，乐凯C200彩色胶卷测试装复产 下线。 "企业未来计划打造全球文化IP，策划'100年100城'City Walk拍摄活动，力争成为京津冀协同发展中传 统工业转型的典范，让民族胶片工业的光影传奇在新时代焕发新生。"乐凯胶片副总经理陈焱说，7月17 日，复产后的乐凯彩色胶卷将在上海国际摄影器材和数码影像展览会上正式首发。 "1999年上大学时就用乐凯胶卷，后来自己开照相馆也常选它，真没想到乐凯C200彩色胶卷停产16年 后，能再次上市！"保定摄影爱好者张红伟难掩激动，直言一定要重温当年的拍摄感觉。 作为国产彩色胶卷开拓者，乐凯曾书写辉煌：实现国产彩色胶卷"零的突破"，17年间完成四代产品迭 代、走完国际巨头60年的技术路程，成为民族工业的骄傲。然而，2009年，在数码浪潮冲击下，受市场 萎缩及关键化学品依赖进口带来的成本压力影响，乐凯彩色胶卷无奈停产。 "此次复产不是重复过去，而是书写新故事。"陈焱介绍，经过 ...

Investment Rating - The report maintains a "Weaker than Market" investment rating for the U.S. stock market [1] Core Insights - The U.S. stock market experienced narrow fluctuations with most sectors declining, as the S&P 500 fell by 0.3% and the Nasdaq by 0.1% [3] - There were 8 sectors that increased while 16 sectors decreased, with notable gains in Energy (+2.6%), Semiconductor Products and Equipment (+2.4%), and Transportation (+1.2%) [3] - Conversely, sectors that saw significant declines included Telecommunications (-4.8%), Insurance (-2.6%), and Banks (-2.5%) [3] Summary by Sections Market Overview - The S&P 500's estimated fund flow was -$5.7 billion this week, a decrease from the previous week's +$23.4 billion, with a total of +$216.4 billion over the last 13 weeks [4] - Fund inflows were observed in 11 sectors, with Semiconductor Products and Equipment leading at +$17.2 billion, followed by Transportation (+$6.0 billion) and Energy (+$4.1 billion) [4] - Sectors experiencing fund outflows included Software and Services (-$15.9 billion) and Automotive and Parts (-$8.2 billion) [4] Earnings Forecast - The dynamic F12M EPS forecast for S&P 500 constituents was adjusted upward by 0.3%, following a 0.2% increase the previous week [5] - Earnings expectations were raised for 21 sectors, with the highest adjustments in Integrated Finance (+0.8%), Automotive and Parts (+0.8%), and Semiconductor Products and Equipment (+0.8%) [5] - Three sectors saw downward revisions, notably Healthcare Equipment and Services (-1.0%) and Telecommunications (-0.2%) [5] Price Performance - The Energy sector recorded a price return of +2.6% this week, while the Telecommunications sector saw a decline of -4.8% [15] - Over the past 52 weeks, the Energy sector has increased by 5.1%, while the Telecommunications sector has decreased by 4.0% [15] - The Semiconductor Products and Equipment sector has shown a remarkable increase of +48.0% over the past 13 weeks [15] Fund Flow Analysis - The Industrial sector led with a net fund inflow of $781 million this week, followed by Energy with $409 million [19] - The Semiconductor Products and Equipment sector also saw significant inflows of $1.716 billion, indicating strong investor interest [19] - In contrast, the Software and Services sector experienced the largest outflow of -$1.594 billion [19]