Market Overview - On August 22, the Hang Seng Index rose by 0.93%, closing at 25,339.14 points, with a total net inflow of HKD 5.166 billion through the southbound trading channel [1] - The total trading volume for the southbound trading was HKD 159.704 billion, with a net buy of HKD 5.166 billion [1] Trading Activity - In the Shanghai-Hong Kong Stock Connect, the trading volume was HKD 99.911 billion with a net buy of HKD 0.591 billion, while in the Shenzhen-Hong Kong Stock Connect, the trading volume was HKD 59.793 billion with a net buy of HKD 4.574 billion [1] - The most actively traded stock in the Shanghai-Hong Kong Stock Connect was SMIC, with a trading volume of HKD 8.649 billion, followed by Tencent Holdings and Alibaba-W, with trading volumes of HKD 4.385 billion and HKD 3.437 billion, respectively [1] Stock Performance - In terms of net buy amounts, Meituan-W had the highest net buy of HKD 0.613 billion, closing with a price increase of 1.11% [1] - Xiaomi Group-W experienced the highest net sell amount of HKD 0.751 billion, closing with a price increase of 2.34% [1] - In the Shenzhen-Hong Kong Stock Connect, SMIC led with a net buy of HKD 0.879 billion, closing with a price increase of 10.06% [2] - Xiaopeng Motors-W had the highest net sell amount of HKD 0.848 billion, closing with a price increase of 13.60% [2] Active Stocks Summary - The top active stocks in the southbound trading included: - SMIC: Trading volume of HKD 49.08 billion, net buy of HKD 0.879 billion, and a daily increase of 10.06% [2] - Tencent Holdings: Trading volume of HKD 23.58 billion, net sell of HKD 0.084 billion, and a daily increase of 1.18% [2] - Huahong Semiconductor: Trading volume of HKD 21.97 billion, net sell of HKD 0.061 billion, and a daily increase of 17.85% [2]

Group 1 - Federal Reserve Chairman Jerome Powell indicated that a shift in risk balance may require policy adjustments during the Jackson Hole Global Central Bank Conference [1] - Traders increased bets on a potential interest rate cut by the Federal Reserve in September [1] - Major U.S. stock indices experienced collective gains, with the Dow Jones Industrial Average rising by 1.44%, the Nasdaq by 1.40%, and the S&P 500 by 1.21% [1] Group 2 - U.S. tech giants saw collective gains, with the U.S. Tech Seven Index increasing by 1.20% [1] - Tesla surged over 4%, while Google-C, Apple, Amazon, and Meta rose over 1%, and Nvidia and Microsoft also followed suit [1] - Most popular Chinese concept stocks rose, with the Nasdaq Golden Dragon China Index increasing by over 2% [1] Group 3 - NIO's new ES8 model officially opened for pre-sale on August 21, with a starting price of 416,800 yuan for the luxury version and 308,800 yuan for the battery-as-a-service option [1] - The new ES8 is set to officially launch and begin deliveries in late September 2025 [1] Group 4 - Precious metals prices experienced a rapid short-term increase, with London spot gold rising by 0.66% and COMEX gold futures increasing by 0.52% [1]

鲍威尔的最新讲话释放重磅信号。 22日晚间，美联储主席鲍威尔在杰克逊霍尔全球央行年会上表示，美国就业面临的下行风险上升，风险 的平衡转变可能使得美联储调整政策立场成为恰当之举。 随后，交易员加大对美联储9月降息的押注，再次完全定价美联储将在年底前降息两次。据CME"美联 储观察"，美联储9月降息25个基点的概率飙升至91.1%，维持利率不变的概率为8.9%。 受此影响，全球风险资产大爆发，美股三大指数均涨超1%，中国资产亦全线走强，纳斯达克中国金龙 指数涨2%，两倍做多沪深300ETF一度暴涨超6%，热门中概股集体大涨。另外，加密货币市场全线拉 升，以太坊过去24小时内涨幅超7%，比特币涨超1%。 鲍威尔重磅发声 北京时间8月22日晚间，鲍威尔在杰克逊霍尔全球央行年会上发表题为"经济展望与框架审查"的演讲。 他表示，当前的形势意味着，就业面临的下行风险上升。风险的平衡转变，可能需要调整政策。 鲍威尔在演讲开头就指出："风险平衡似乎正在发生变化。由于政策处于限制性区间，基准前景和不断 变化的风险平衡可能需要我们调整政策立场。" 鲍威尔表示，美联储一致通过新的政策框架，采用灵活的通胀目标制，并取消了通胀"补偿"策 ...

随后，交易员加大对美联储9月降息的押注，再次完全定价美联储将在年底前降息两次。据CME"美联储观察"，美联储9 月降息25个基点的概率飙升至91.1%，维持利率不变的概率为8.9%。 受此影响，全球风险资产大爆发，美股三大指数均涨超1%，中国资产亦全线走强，纳斯达克中国金龙指数涨2%，两倍做 多沪深300ETF一度暴涨超6%，热门中概股集体大涨。另外，加密货币市场全线拉升，以太坊过去24小时内涨幅超7%， 比特币涨超1%。 鲍威尔重磅发声 北京时间8月22日晚间，鲍威尔在杰克逊霍尔全球央行年会上发表题为"经济展望与框架审查"的演讲。他表示，当前的形 势意味着，就业面临的下行风险上升。风险的平衡转变，可能需要调整政策。 鲍威尔在演讲开头就指出："风险平衡似乎正在发生变化。由于政策处于限制性区间，基准前景和不断变化的风险平衡可 能需要我们调整政策立场。" 鲍威尔的最新讲话释放重磅信号。 22日晚间，美联储主席鲍威尔在杰克逊霍尔全球央行年会上表示，美国就业面临的下行风险上升，风险的平衡转变可能 使得美联储调整政策立场成为恰当之举。 鲍威尔表示，美联储一致通过新的政策框架，采用灵活的通胀目标制，并取消了通胀"补偿"策 ...

Core Viewpoint - Kunlun Wanwei (300418.SZ) reported a significant increase in revenue but also a substantial net loss for the first half of 2025, indicating a focus on AI business development despite financial challenges [1] Financial Performance - The company's operating revenue reached 3.733 billion yuan, representing a year-on-year growth of 49.23% [1] - The net loss attributable to shareholders was 856 million yuan, an increase of 119.86% year-on-year [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 859 million yuan, up 110.90% year-on-year [1] - Basic loss per share was 0.69 yuan [1] Business Development - The company is committed to advancing its AI business, focusing on the research and application of large models and multimodal technologies [1] - In the area of large models, the company has released several industry-leading models centered around multimodal reasoning and spatial intelligence [1] - The Tian Gong Super Intelligent Agent was officially launched, transforming AI office and content creation methods [1] - Rapid growth was observed in AI video and AI music businesses, significantly enhancing platform influence and commercialization capabilities [1] - Continuous optimization of AI gaming and AI social products is aimed at creating stronger immersive and interactive experiences [1] Revenue Breakdown - New business segments have maintained rapid growth, driving the total operating revenue to 3.733 billion yuan, a year-on-year increase of 49.23% [1] - Overseas revenue amounted to 3.441 billion yuan, reflecting a year-on-year growth of 56.02%, accounting for 92.17% of total revenue, an increase of 4 percentage points year-on-year [1]

Core Insights - Meituan released the 2025 Polaris Medical Aesthetic List, featuring 152 medical aesthetic institutions and 240 doctors from 39 cities, with a notable presence from first-tier cities and an expansion into smaller cities [1][2] - The Polaris List has undergone significant upgrades, merging the institution and doctor rankings into a unified evaluation system, enhancing the assessment's professionalism and accuracy [1][2][5] Group 1: Evaluation Mechanism - A panel of 10 leading industry professors established key evaluation dimensions and clinical standards, creating 927 assessment points for institutions and doctors [1][5] - The evaluation process includes expanded user research, incorporating mystery visits and user feedback from the past year to improve service quality [1][4][9] Group 2: Consumer Behavior - Medical aesthetic consumers are increasingly rational and individualized, shifting from relying on others' experiences to their own feelings in decision-making [2][3] - Safety and effectiveness remain the primary decision factors for consumers, with over 7 million users utilizing Meituan's "Safe Beauty" service for product verification this year [4][6] Group 3: Industry Trends - Nearly 9,500 new medical aesthetic institutions opened this year, indicating a growing market, while over 200 upstream brands joined the platform [7][10] - The online transaction growth rate for non-invasive anti-aging, hydration, and injection shaping services exceeded 30%, with nearly 70% of demand focused on maintenance and anti-aging projects [9] Group 4: Institutional Support - The Polaris List not only honors institutions but also provides them with detailed evaluation reports and improvement suggestions to enhance service processes [7][9] - Institutions that made the list reported a 300% increase in order volume, demonstrating the list's impact on visibility and consumer trust [8] Group 5: Future Initiatives - Meituan plans to enhance its evaluation transparency by publicly sharing assessment criteria and expanding user feedback, aiming to support institutions in digital transformation and professional service enhancement [10][11] - New initiatives include AI-driven tools to assist merchants in improving operational efficiency and a focus on building a robust supply chain for better consumer protection [10][11]

格隆汇8月22日｜南下资金今日净买入港股51.66亿港元。其中： | | 沪股通 | | | 深股通 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 深跌幅 | 净买入额(亿) | 成交割 | 名称 | 涨跌幅 | 净买入额(亿) | 成交额 | | 中心同际 | 10.1% | 2.14 | 86.49 ( | 中心国际 | 10.1% | 8.79 | 49.08 6F | | 腾讯控股 | 1.2% | 5.45 | 43.85 Z | 腾讯控股 | 1.2% | -0.84 | 23.58 Z | | 阿里巴巴-W | 2.0% | -1.02 | 34.37 Z | 作就非合体 | 17.9% | -1.38 | 21.97 Z | | 卡班求合作 | 17.9% | -6.13 | 33.14/Z | 阿里巴巴-W | 2.0% | 4.88 | 19.00 Z | | 小米集团-W | 2.3% | -7.51 | 27.02 亿 | 小鹏 (年-W | 13.6% | -8.48 | 18.17亿 | | 小鹏汽 ...

2025.08.22 本文字数：443，阅读时长大约1分钟 21:32 美股开盘丨三大指数集体高开 阿里巴巴涨超2% 道指涨0.37%，标普500指数涨0.23%，纳指涨0.19%。英伟达跌超1%；热门中概股走高，名创优品涨超 9%，蔚来涨超6%，阿里巴巴涨超2%。 21:12美股三大期指齐涨，道指期货涨0.31%，标普500指数期货涨0.20%，纳指期货涨0.11%。 | 纳斯达克100期货小型 23245.25d 25.50 | | 0.11% | | --- | --- | --- | | 纳斯达克100期货微型 23244.50d 24.75 | | 0.11% | | 标普500期货小型 | 6401.00d 12.75 | 0.20% | | 道琼斯期货小型 | 44991d 137 | 0.31% | 20:37蔚来盘前续涨超5%。消息面上，8月21日，蔚来全新ES8预售发布。行政豪华版六座/七座预售价 为41.68万元起，电池租用方式购买预售价30.88万元起。 16:33名创优品美股盘前涨近8%，消息面上，公司Q2营收同比增长23%超预期。 微信编辑| 生产队的驴（华尔街版） 第一财经持续追 ...

文｜财华社 8月21日（美东时间），哔哩哔哩（BILI.US）跳空大跌6.11%，成交量也有所放大；而到了8月22日（北京时间），哔哩哔哩-W（09626.HK）同样遭遇跳空 下跌，其股价一度大挫近8%，成交量也有所放大。 值得注意的是，就在8月21日港股盘后，哔哩哔哩（以下简称"B站"）披露了2025年第二季度及中期业绩，表现不俗。 第二季度及中期业绩不俗 公告显示，2025年上半年，B站的日均活跃用户（日活用户）为1.08亿，同比增加6%；月活用户则为3.65亿，同比增长8%。上半年，每位活跃用户的日均使 用时长达106分钟，高于去年同期的102分钟。 另外，上半年，月均付费用户达3180万，同比增长10%；上半年，约有200万名内容创作者透过多种变现工具在平台上获得了收入，内容创作者人均收入同 比增长20%。 在此基础之上，上半年，B站的营收同比增长21.6%至143.4亿元（人民币，下同）；期内净利润为2.1亿元，去年同期则是亏损13.7亿元；非公认会计准则 下，经调整净利润为9.2亿元，去年同期录得经调整净亏损7.3亿元。 | | 截至6月30日止六個月 | | | | --- | --- | -- ...

本文源自：金融界 作者：行情君 资料显示，第九城市有限公司(简称"九城")于2004年在纳斯达克上市(股票代码:NCTY),目前正积极布局 成为高科技多元化互联网公司。九城现阶段主要集中于区块链相关业务。 8月22日，第九城市(NCTY)盘中上涨5.4%，截至22:13，报8.2美元/股，成交21.21万美元，总市值1.15亿 美元。 财务数据显示，截至2024年12月31日，第九城市收入总额1.12亿人民币，同比减少35.81%；归母净利 润-7342.4万人民币，同比减少467.06%。 ...