盘面上看，银行、保险、券商、酿酒等板块走低，半导体、有色板块强势拉升，地产、医药等板块上 扬，存储芯片、黄金概念、AI应用概念等活跃。 东莞证券表示，大盘整体趋势仍偏强势，市场上方或存在一定抛压，需要注意高位的震荡反复。此外， 后续市场聚焦点也将从节前的政策预期，转向节后的基本面表现。当前国内经济运行压力尚未完全缓 释，建议关注假期前后国内的高频经济数据：如十一假期期间的消费、出行、地产销售等高频数据。中 期来看，在多重积极因素的推动下，支撑A股向好的核心逻辑并未改变，市场有望延续强势格局。板块 上建议择机关注科技成长、新能源、非银金融和机械设备等板块。 （文章来源：证券时报网） 30日早盘，两市股指盘中震荡上扬，科创50指数大涨2%，场内近3000股飘红。 截至午间收盘，沪指涨0.4%报3878.13点，深证成指涨0.31%，创业板指微涨0.06%，科创50指数涨2%， 沪深北三市合计成交13700亿元。 ...

36氪获悉，今日酒价披露的最新批发参考价显示，9月29日，25年飞天茅台原箱报1785元/瓶，较前一日 下跌25元；25年飞天茅台散瓶报1760元/瓶，较前一日下跌25元。 ...

Group 1 - The article highlights the innovative "Technology Vice President" flexible talent introduction mechanism in Shandong City, aimed at bridging the gap between education and technology talent [1][3] - The mechanism allows for deeper integration of academic research and enterprise needs, moving beyond traditional project-based collaborations [2][3] - The initiative has led to significant growth in technology-driven enterprises in the region, with an annual increase of 46% in the number of such companies [2] Group 2 - The first batch of 15 engineering PhDs from Shangluo University has been appointed as "Technology Vice Presidents," leading to the establishment of research centers and successful patent applications [4][6] - The "Technology Vice Presidents" have facilitated key technological breakthroughs in various sectors, including electronics and agriculture, enhancing local industry capabilities [5][6] - The program has fostered a collaborative environment where enterprises and academic institutions work together on research and development, leading to a more integrated innovation ecosystem [7][8] Group 3 - The initiative has resulted in the development of new products and technologies, such as high-purity quartz sand and low-temperature preservation techniques for chestnuts, benefiting local farmers and industries [6][5] - The "Technology Vice Presidents" are not only solving immediate technical challenges but also transforming the R&D models of companies, promoting a culture of continuous innovation [8][7] - The program emphasizes the importance of talent cultivation, establishing dual mentorship mechanisms that enhance knowledge transfer between academia and industry [8]

Core Insights - The recent surge in travel demand to Luzhou during the National Day holiday is attributed to local events such as a large music festival and the inaugural home match of the "Chuan Super" football league, leading to increased hotel bookings and flight searches [1][2] - The rise in local events, including music festivals and football matches, is driving significant consumer spending in various sectors, particularly in food and beverage, with many brands sponsoring these events [2][3] Group 1: Event Impact - Luzhou is experiencing a notable increase in hotel bookings, with a doubling of high-star hotel reservations and over 60% growth in flight searches compared to the previous year [1] - The "Chuan Super" league has attracted significant attention, with local teams and sponsors like Langjiu and Luzhou Laojiao actively participating in marketing efforts [3][5] - The presence of multiple music festivals across non-first-tier cities, including Luzhou, is enhancing brand visibility for beverage companies, with sponsorship from well-known brands [1][2] Group 2: Economic Boost - Local governments are leveraging sports and cultural events to stimulate economic activity, with expectations of generating over 100 million yuan in local consumption during the events [2][9] - Various promotional activities, such as discounts and free gifts for ticket holders, are being implemented to encourage spending in restaurants, hotels, and other local businesses [9][10] - The "Chuan Super" league and associated events are seen as a means to enhance city branding and tourism, with cities like Suining aiming to position themselves as key players in the Chengdu-Chongqing economic circle [11]

由凤凰卫视、凤凰网主办的"凤凰湾区财经论坛2025"9月24日在广州开幕。本届论坛由中国上市公司协会提供指导支持，广州医药集团有限公司为战略合 作伙伴，华润雪花啤酒超高端品牌"醴"为尊享合作伙伴。华润雪花啤酒醴，致敬中国千年酿酒文化。 在当前全球经济格局深刻变革、技术浪潮席卷而来的关键节点，著名经济学家付鹏在"凤凰湾区财经论坛2025"对话中，从黄金共识、人工智能演进、代际 价值变迁、人口结构与消费趋势等多维度，勾勒出一幅充满变局与机遇的时代图景。 著名经济学家付鹏 "过去近十年间，世界经历了地缘政治、经济格局乃至全球秩序层面的巨变。这种巨变初期往往难以看清全貌，但当我们十年后再回看，有些秩序其实已 经发生变化了。"付鹏认为，价值储存的功能也会发生调整。 他指出，市场对黄金的持续追捧，实则是全球对潜在极端风险的一种集体表达，反映出传统信用体系的松动与新秩序重构的开启。 与此同时，人工智能已从概念探索迈入应用爆发阶段，不仅重塑产业逻辑，更成为个人不可回避的基本能力。 付鹏进一步强调，价值共识并非永恒，它随代际更迭而流动——年轻一代的偏好正重新定义消费与投资的方向。而在这一切背后，人口年龄结构的变化， 作为深层次 ...

Group 1: Current Economic Trends - The ongoing pursuit of gold in the market reflects a collective expression of concern over potential extreme risks, indicating a shift in the traditional credit system and the beginning of a new order reconstruction [4][6][7] - The consensus on gold as a value storage mechanism is not eternal and has evolved through history, with significant changes observed in the past decade due to geopolitical and economic transformations [6][7] Group 2: Generational Value Shifts - Value consensus changes with generational shifts, as younger generations redefine consumption and investment preferences, contrasting with older generations' views on valuable assets [5][6][7] - The example of differing perceptions of heirlooms between generations illustrates that what is considered valuable can vary significantly over time [7] Group 3: Artificial Intelligence and Economic Recovery - The development of AI is seen as a crucial technological path to enhance productivity and address current economic challenges, marking the beginning of a new era [8][9] - The transition from AI as a concept to its application has been confirmed, with significant investments shifting towards downstream vertical applications [10][11] Group 4: Employment and AI Evolution - The evolution of AI is characterized by two phases: the current phase where AI acts as a tool requiring human input, and a future phase where AI may achieve self-production, potentially impacting employment [12] - The speed of AI's development is non-linear, suggesting that significant changes could occur much faster than previously anticipated [12] Group 5: Demographic Influences on Consumption - Individual consumption willingness and capital expenditure capabilities are closely linked to demographic age structures, with younger generations driving growth in certain consumer sectors [13][15] - The impact of population aging and wealth distribution on various economic aspects, including real estate and investment preferences, is highlighted as a fundamental long-term trend [13][15] Group 6: Historical Cycles and Global Order - The current global landscape is viewed as a critical juncture in a major historical cycle, with shifts from post-war integration to contemporary conservatism potentially leading to conflict [14][15] - Understanding the cyclical nature of history, including demographic cycles, is essential for grasping economic development trends [14][15]

Group 1: Market Overview - The stock market is not a cash machine but a reflection of corporate value, with 90% of retail investors failing to profit during bull markets due to incorrect mindsets [3] - In 2025, the Nasdaq index surpassed 20,000 points, and the Shanghai Composite Index returned to 4,000 points, indicating a significant market recovery [3] Group 2: Stock Selection Principles - Emphasis on buying familiar and strong companies, avoiding speculative "concept stocks" [4] - The semiconductor market is valued at $800 billion, with only leading firms like TSMC likely to benefit long-term [4] - Recommended metrics for stock selection include ROE above 15%, stable gross margins, and ample cash flow [4] Group 3: Risk Management and Positioning - Avoid full investment; maintain 20%-30% cash reserves to manage risk effectively [6] - Historical data shows leveraged investors faced an average loss rate of 50% during market volatility [6] - Implement strict stop-loss rules, selling stocks that decline by 10% [6] Group 4: Technical and Fundamental Analysis - Basic analysis should take precedence over technical indicators, with a focus on company financials and industry trends [7] - Long-term holding strategies are favored over frequent trading, as 90% of returns come from 10% of the time invested [7] Group 5: Common Pitfalls and Continuous Learning - Common pitfalls include following unreliable trading strategies and neglecting macroeconomic factors [9] - Continuous learning and humility are essential, with a focus on reputable sources for market information [9]

Core Insights - The event "2025 International Wine Culture Salon and Fenjiu Leading Twelve Aroma Embassy Tour" aims to enhance cultural exchange between China and Mexico through wine culture [1][3] - The event features a tasting of twelve different types of Chinese Baijiu, showcasing the depth and diversity of Chinese brewing culture [3][9] Group 1: Event Overview - The event was held on September 24 in Beijing, co-hosted by the China Light Industry Enterprises Investment Development Association and Shanxi Xinghuacun Fenjiu International Trade Co., Ltd [1] - Attendees included notable figures such as the Mexican Ambassador to China and leaders from various cultural and trade organizations [1] Group 2: Cultural Significance - Zhao Shuang emphasized that wine serves as a carrier of emotions and culture, highlighting its importance in both Chinese and Mexican cultures [3] - The event aims to foster cooperation in culture, tourism, trade, and investment between the two countries [3] Group 3: Diplomatic Relations - Ambassador Jesus Seade noted the long-standing and potential-rich relationship between China and Mexico, with both countries being ancient civilizations with vibrant cultural heritages [5] - The event symbolizes the deep friendship and cultural integration between the two nations, with plans to attract more Chinese tourists to Mexico through culinary experiences [5] Group 4: Contributions to Cultural Exchange - The Mexican Ambassador's wife donated three books to the Beijing International Club's Tree of Life Library to further promote cultural exchange [7] - Certificates were awarded to Mexican restaurants in China recognized for their authentic cuisine, marking the 15th anniversary of traditional Mexican cuisine being listed as a UNESCO Intangible Cultural Heritage [7] Group 5: Future Prospects - The event concluded successfully, enhancing mutual understanding and appreciation of wine culture between China and Mexico [9] - The series of events will continue to engage more embassies in China, promoting dialogue and cooperation through the unique cultural symbol of Baijiu [9]

董事认为，建设工程协议的条款乃经公平磋商後达成的正常商业条款。董事亦认为建设工程协议的条款 属公平合理，且据此拟进行的交易符合公司及其股东的整体利益。 承建商为一家于中国成立的有限责任公司，主要从事房屋工程施工、市政公用工程施工、水电安装、建 筑装饰、园艺绿化管理。 格隆汇9月25日丨王朝酒业(00828.HK)公告，于2025年9月25日，集团的非全资附属公司王朝江苏与承建 商订立建设工程协议，据此，承建商将就江苏酒庄的建设向王朝江苏提供建设服务，代价为人民币2232 万元(相当于约2453万港元)。 ...

Market Overview - The Shanghai Composite Index closed at 3853.30 points, with a slight decline of 0.01% [1] - The Shenzhen Component Index reported a rise of 0.67%, closing at 13445.90 points [1] - The ChiNext Index increased by 1.58%, ending at 3235.76 points [1] Trading Volume - The trading volume for the Shanghai Composite was 100.12 billion yuan [1] - The Shenzhen Component had a trading volume of 136.99 billion yuan [1] - The ChiNext Index recorded a trading volume of 65.98 billion yuan [1] Sector Performance - Sectors such as logistics, real estate, oil, agriculture, banking, liquor, and pharmaceuticals experienced declines [1] - Conversely, sectors like non-ferrous metals and media showed upward movement [1] - Emerging concepts such as AI applications and controllable nuclear fusion were notably active [1]