Group 1 - The S&P 500 index reached a new high while experiencing the largest net sell-off by clients in 10 weeks, primarily driven by institutional clients and hedge funds [1] - The sectors most affected by the sell-off were industrials and real estate, which have seen outflows for four consecutive weeks [1] Group 2 - UBS lowered its 10-year U.S. Treasury yield forecast from 4.20% to 4.10% due to a weakening employment outlook, with a stop-loss level set at 4.40% [2] - The latest yield for the 10-year U.S. Treasury was reported at 4.199%, having previously reached a two-month low of 4.191% [2] Group 3 - The term premium for bonds has increased globally, with a notable rise of over 40 basis points in Japan's 10-year government bonds since early last year [3] - In the U.S. bond market, the term premium has surged due to heightened concerns over fiscal policy and a lack of clarity in government economic policies [3] Group 4 - Eurozone inflation pressure is easing despite a slight increase in the inflation rate to 2.0% in June, attributed to slowing wage growth and a weak economy [4] - The inflation rate is expected to remain stable, with potential risks from oil price fluctuations and trade negotiations [4] Group 5 - German bank analysts predict that Eurozone inflation may decline again in the coming months, primarily driven by falling oil prices [5] - The European Central Bank is expected to pause its actions due to uncertainties surrounding U.S. tariff policies [5] Group 6 - The European Central Bank faces a delicate balance regarding future rate cuts, as inflation remains stable but core inflation is slightly elevated [6] - Predictions indicate that inflation may stay below 2% for most of the next two years, suggesting a victory in the anti-inflation battle [6] Group 7 - The Hong Kong stock market is experiencing a macro environment characterized by "funding boom + asset scarcity," leading to index fluctuations and active structural trends [7] - Investors are advised to reduce positions in the short term while preparing for future opportunities, particularly in stable dividend-paying stocks [7] Group 8 - The internationalization of the Renminbi is deepening, with significant potential for growth in financial asset investments and official reserve assets [8] - Future strategies may include expanding bilateral currency swap agreements and exploring new payment methods through digital currencies [8] Group 9 - The telecommunications sector is expected to see improved performance driven by AI demand, particularly in North America, with significant growth anticipated for leading companies [9] - The domestic demand for computing power is also improving, benefiting local leaders in optical modules and switches [9] Group 10 - The Chinese government has introduced measures to support the high-quality development of innovative drugs, which is expected to enhance the sector's growth [10] - The focus on innovation and internationalization is seen as a key strategy for the pharmaceutical industry moving forward [10] Group 11 - The soft drink industry is entering a peak season, with strong demand and resilience in sales despite pricing pressures [11] - Companies are expected to ramp up promotional activities and product launches as they approach the critical operating period [11] Group 12 - The pig farming industry is projected to maintain profitability in the second half of the year, with a slight increase in the number of pigs being marketed [12] - The average price of pigs is expected to range between 14-16 yuan per kilogram in the latter half of 2025 [12] Group 13 - The electronic sector is anticipated to continue its high growth trajectory, particularly in AI-related applications and domestic manufacturing advancements [13] - AI glasses are expected to reach a turning point in the second half of the year, driven by price reductions and increased demand [13] Group 14 - The media industry is poised for structural growth opportunities supported by policy, technological advancements, and product cycles [14] - Key areas of focus include the gaming sector, AI applications, and the rapid development of IP derivative markets [14] Group 15 - The solid-state battery industry is entering a phase of accelerated development, with applications expanding beyond automotive to include robotics and low-altitude vehicles [15] - The industry is expected to see significant advancements in performance and commercialization [15] Group 16 - The A-share market is still some distance from a bull market, with weak macroeconomic expectations and a lack of strong catalysts for structural improvement [16] - The market is characterized by a split in investor sentiment, with active trading but cautious long-term outlooks [16]

Group 1: Market Insights - The development of AI servers and terminal products is characterized by deep collaboration and mutual growth, forming a "cloud-edge-end" intelligent system [1] - In Q1, the revenue from automotive and server boards increased by 81.3% year-on-year, indicating a rapid growth trend [1] - The company is optimistic about the AI glasses market, which exceeded sales expectations last year, and sees it as a significant interactive terminal for AI applications [3] Group 2: Production and Capacity - The production cycle from equipment layout to launch is approximately six months, provided that the factory and mechanical-electrical support are in place [2] - The company has achieved a maturity level four in intelligent manufacturing capabilities at its Shenzhen factory, with ongoing upgrades in other facilities [3] Group 3: Strategic Developments - The introduction of intelligent management has improved product yield and production efficiency, contributing to cost reduction and enhanced product quality [3] - The first phase of the Thailand park project has been completed, and customer certification and sampling are currently underway, with small-scale production expected in the second half of the year [1] Group 4: Compliance and Communication - During the investor relations activity, the company ensured compliance with regulations and did not disclose any undisclosed significant information [4]

Core Viewpoint - Delta Electronics announced an investment of NT$6.95 billion to acquire land and facilities from Taifeng Tire located in Guanyin District, Taoyuan City, aimed at expanding into new business areas such as hydrogen energy, energy storage, or data centers [1] Group 1 - Delta Electronics plans to invest NT$6.95 billion for the acquisition [1] - The acquired land and facilities will be utilized for new business ventures [1] - Potential new business areas include hydrogen energy, energy storage, and data centers [1]

7月2日，《财富》（中文版）发布了2025年中国最具影响力的商界女性榜单（Most Powerful Women，简称MPW）。这份榜单始于2010年，在过去的十多 年里，中国商界几乎所有重要的女性领导者都在其中有迹可循。 立讯精密的王来春连续第三年位列榜首。曾经是流水线工人的王来春创立了立讯精密，并将其从一家小型代工厂发展为《财富》世界500强企业。 "果链"企业的女性创始人们在今年的榜单上引人瞩目。 和王来春一同登上这份榜单的同行还包括蓝思科技的周群飞和领益智造的曾芳勤。她们在全球政 治经济局势复杂多变的背景下，通过全球产能布局、核心技术创新、多元化客户结构、积极切入新能源汽车和人工智能（AI）硬件等新赛道，来应对不 确定性。立讯精密在一份声明中表示：公司始终将风险控制前置到战略决策中。 "果链"不仅仅是一套难以被复制的制造生态系统，更是中国制造向中国创造跃升过程的缩影，彰显了中国企业在地缘政治动荡中的定力与韧性。 中国的创意经济在数字技术的驱动下展现出巨大活力。 由高准担任首席财务官的字节跳动是全球最重要的社交媒体公司，估值已经超过3,000亿美元，该 公司也在AI赛道上加紧步伐，其豆包大模型成为自De ...

来源：TOP创新区研究院 关税看上去能提高进口商品价格，激励企业回流投资，但现实远比理论复杂得多。数据显示： 2023至2025年间，美国制造业持续疲软，美国制造业采购经理人指数（PMI）连续多月处于收缩区间； 上周四，高盛最新发布了一篇分析，旗帜鲜明地表示： 加关税救不了美国制造业。 高盛指出，关税或许能提供一时保护，却无法解决根本矛盾——技术落后、效率低下，才是制造业竞争力下滑的真正原因。 高盛强调，"创新步伐的加快——可能来自机器人技术和生成式AI的最新进展——仍是最有可能扭转制造业生产率长期停滞的催化剂" 2025年4月，美国制造耐用品新订单环比下降6.3%，创近三年最大跌幅； 铁锈地带的"重振承诺"迟迟未兑现，大多数新增制造业岗位集中在服务型制造，而非回迁重工业。 过去，美国靠电脑和电子行业拉动产出，享受了一段"容易溢增"（easy gains）。但如今这些红利渐渐耗尽，即便对中国等低成本国家征收高额关税，也 无法根本解决问题，因为海外生产仍然"远低于美国本土"，这意味着进口替代只能微调成本差距，无法扭转整体趋势。 在高盛看来， 中国凭借成本优势和国家产业政策，仍将持续扩大其制造业出口份额 。 那对 ...

其 他 报 告 2025年07月02日 晨会纪要 | 国内市场 | | 涨跌幅（%） | | | --- | --- | --- | --- | | 指数 | 收盘 | 1日 | 上周 | | 上证综合指数 | 3458 | 0.39 | 1.91 | | 深证成份指数 | 10476 | 0.11 | 3.73 | | 沪深300指数 | 3943 | 0.17 | 1.95 | | 创业板指数 | 2148 | -0.24 | 5.69 | | 上证国债指数 | 226 | 0.02 | 0.02 | | 上证基金指数 | 6939 | -0.01 | 0.37 | 资料来源:同花顺iFinD | 海外市场 | | 涨跌幅（%） | | | --- | --- | --- | --- | | 指数 | 收盘 | 1日 | 上周 | | 中国香港恒生指数 | 24072 | -0.87 | 3.20 | | 中国香港国企指数 | 8678 | -0.96 | 2.76 | | 中国台湾加权指数 | 22554 | 1.34 | 2.42 | | 道琼斯指数 | 44095 | 0.63 | 3.82 | | ...

Group 1 - The core viewpoint of the articles highlights the resurgence of headquarters projects in Guanggu, attracting significant foreign investment from global leading companies and Fortune 500 firms [1][2][3] - In 2025, the Wuhan Investment Promotion Conference resulted in the signing of 10 major projects in Guanggu, with a total investment amounting to 16.74 billion yuan [1] - Guanggu has signed over 60 projects worth more than 100 million yuan this year, indicating a consistent trend of investment activity [1] Group 2 - The "second headquarters" phenomenon in Guanggu began in 2017, with over 80 leading internet companies and numerous major enterprises establishing their second headquarters in the region by 2020 [2] - The focus of Guanggu's investment strategy is not merely on scale but on aligning with regional strategies and supporting industrial upgrades, thereby enhancing the local industrial ecosystem [2] - Guanggu has attracted over 1,300 foreign enterprises, including nearly 100 Fortune 500 companies, with more than 120 foreign enterprises registered last year, accounting for nearly 30% of new foreign investment enterprises in the city [3] Group 3 - The efficient business environment in Guanggu has been a key factor in attracting foreign investment, with companies like Amber Group citing quick establishment processes as a significant advantage [6] - Guanggu has optimized its foreign investment policies, introducing new incentives for development, research, and green initiatives, which have led to over a hundred foreign enterprises benefiting from these policies [7] - Recent initiatives include the establishment of overseas offices by local companies and the signing of agreements with international firms, enhancing Guanggu's global connectivity [7][8]

与包括日本百利株式会社、日本静冈理工大学集团、韩国明知大学在内的10余家知名机构建立伙伴关 系。重点推进医护康养类技能人才联合培养项目，以及"3+4"中韩国际班等贯通式培养模式。 青岛市依托"技能强省"战略，锚定"国际门户枢纽城市"目标，以技工教育国际化为引擎，着力构建技能 人才国际培养战略平台。目前，全市共有22所技工院校，在校生4.91万人，年培养技能人才1万余人， 与全球20多个国家和地区的机构建立合作关系，高质量推进"技能出海"。 构建国际化技能交流"共同体" 入选国家人社部与国际劳工组织共建"一带一路"南南合作技能开发网络项目，与老挝琅勃拉邦职业技术 学院结对合作。成功举办首期老挝师资研修班，6名学员获颁中国三级(高级工)职业技能等级证书和"国 际劳工组织-学院"联合认证培训合格证书，实现山东省外籍学员职业技能等级认定(社会评价)"零突 破"，形成"标准输出—联合认证—本土适配"的国际技能合作样板。 联合老挝职业院校及国内优质企业，依托"校-校-企"三方协同机制服务共建国家技能人才培养。与青岛 首席龙头企业海尔集团探索共建海外高技能人才赋能中心，打造集职业技能培训与评价于一体的国际化 人才培育平台， ...

智通财经7月2日电，三星电子考虑恢复韩国平泽市Pyeongtaek 5工厂的修建。 ...

据媒体报道：三星电子考虑恢复韩国平泽市Pyeongtaek 5工厂的修建。 ...