你理解了上午为什么冲高回落，你就知道今天下午该怎么办了。5月7日，和讯投顾徐梦婧分析称，首先 昨晚直播时预计今天有可能会有双降的可能性，但是大家看一下今天上午的利好，它是真正意义上的双 降吗？其实并不是。确实是降准了，但是我们作为股民最期待的并不是降准降准利好的是银行和地产， 我们最期待的是降息。但是大家记好是什么？全面的降息，今天上午它并不是全面的降息，它只是降低 了7天逆回购利率，这算是什么？这算是降低政策利率，所以说对今天上午利好的定义，看似是利好， 实则意义不大，怎么说？因为今天上午它利好的板块是什么？是地产和金融，但是这两个板块其实是对 市场造成吸血的，我们散户真正有赚钱效应的是科技，我们看今年恒生科技也是回调的，所以说今天的 利好它看似是给市场一个超预期的，我们散户在这里可能早上追高了，或者早上在这里非常兴奋怎么 样，但实则是对于接下来市场正常运行节奏的打乱，所以我对它的定义就是看似利好，实则意义不大。 那今天下午我们所说的像前期的这个科技怎么说，昨天科技板块我们已经连续上涨三天了，在最低点我 们布局的本来昨天就不应该再追了，今天下午科技板块仓位高的，其实可以考虑部分做这个落袋为安， 但是仓位低于 ...

Group 1 - The China Securities Regulatory Commission (CSRC) announced reforms to enhance the IPO support mechanism for unprofitable tech companies, improving the inclusivity of the listing process and refining information disclosure rules [1] - In the A-share market, over half of the 5,403 listed companies reported positive revenue growth, with 55% of new listings achieving both revenue and net profit increases, and three-quarters of companies being profitable [1] - Following the introduction of the new regulations, the number of IPO projects under review in the Shanghai and Shenzhen markets initially surged but has since decreased as low-quality projects were filtered out, with 22 companies confirmed to be delisted this year [1] Group 2 - The market is currently focused on whether it can surpass the resistance level of 3,319 points, with significant support at 3,328 points from the 60-day and half-year moving averages [3] - A strong upward trend was observed, with the market needing a substantial bullish candle to reverse the recent downtrend, indicating a return of risk appetite among investors [3] Group 3 - Technology stocks have shown significant strength, particularly in sectors like nuclear fusion and computing power, with micro-cap stocks and the CSI 2000 index outperforming larger indices [5] - Institutional investors are optimistic about the tech growth style due to reduced overcrowding in the sector and a weakening of disruptive factors, shifting focus back to long-term industry trends [5] Group 4 - The market experienced a broad-based rally with nearly 5,000 stocks rising, indicating a positive start to May compared to April [7] - The Shanghai Composite Index broke through the 3,306.56 trend line, suggesting the beginning of a new upward wave, with any subsequent adjustments viewed as buying opportunities [7] - The first trading day after the holiday saw a significant recovery, with 4,700 stocks rising and nearly 100 hitting the daily limit up, while only one stock faced a limit down [7]

在市场不利因素方面，多数市场人士仍预期美国经济将陷入衰退，投资者对无风险资产的传统认知正在受到挑战，而美联 储短期内似乎不会改变现有政策立场。然而，积极因素也同样明显：尽管美国经济明显失去动能，但就业市场保持稳定； 关税相关的不确定性虽未完全消除，但整体趋势正朝缓和方向发展；市场技术面已转为有利状态，美国科技公司持续展现 强劲表现。 Pasquariello具体分析了几个关键支撑因素：首先，在资金流向方面，市场技术面改善吸引了此前减仓的"加杠杆投资者"回 归，量化基金和系统性资金重新进场。美国家庭投资者虽热情减退，但未转为净卖家。其次，就科技股表现而言，尽管"爆 炸性超预期"的时代可能已过，但苹果、微软、英伟达等科技巨头仍是全球资本回报较为强劲的企业。再次，美国经济增长 方面，财政赤字同比增长7%的事实表明，政府仍在通过适度扩张性财政政策支撑经济，这解释了为何就业和消费等"硬数 据"尚未出现明显下滑。第四，关税问题虽未出现新的实质性进展，但Pasquariello认为最极端的关税政策已过去，经济摩擦 虽不会立即消失，但市场预期正在调整，可能出现"贸易框架协议"与经济动能减弱并存的局面。 Pasquariell ...

美股盘初，主要行业ETF普跌，能源业ETF跌2%，金融业ETF、可选消费ETF跌超1%。 | 三优收集 | 自选基金 自选组合 | | | | | 10 | | --- | --- | --- | --- | --- | --- | --- | | 行业类 V | 当前价 ◆ | 涨跌幅 ◆ | 成交量 ÷ | | 总市值 = 年初至今 = | 0 | | 能源业ETF -... | 80.34 | -1.64 (-2.00%) | 181.99万股 | 201.19亿 | -5.48% | ( ) *** | | us XLE | | | | | | | | 金融业ETF --- | 49.19 | -0.57 (-1.16%) | 226.43万股 | 547.45亿 | +2.14% | ( ) ... | | us XLF | | | | | | | | 可选消费ET ... | 199.31 | -2.13 (-1.05%) | 14.64万股 | | 250.33亿 -10.92% | [] … | | US XLY | | | | | | | | 公用事业ET ... | 79.01 | -0. ...

一、中美贸易战再次升级！当地时间5月2日，美国正式终止了对中国小额包裹免税政策。 这种做法根本站不住脚，不仅解决不了问题，还会把中美经贸合作和国际贸易秩序搞得一团糟。中方注意到，美方高层最近多次表态，说想就关税问题和中 方谈判。同时，美方也通过各种渠道主动向中方传递消息，希望能坐下来好好谈一谈。 在我们外交部发布《不跪》视频表明立场后，特朗普又出来讲话了。5月1日，据俄罗斯卫星通讯社报道，特朗普说，美中两国代表正在就贸易问题进行磋 商。他还表示，希望有一天能达成协议，目前正在和中国积极沟通。不仅如此，特朗普还说他希望中国取得成功，对中国持友好态度。 二、美股在紧张的局势得到缓和后，加上公布的4月非农就业人数增加17.7万。 美股表现相当不错，三大指数涨幅都超过了1%。其中，标普500指数连续第九天上涨，创下了自2004年以来的最长连涨纪录。 美股大型科技股除了苹果下跌3.74%外，其他多数都上涨了。苹果下跌的原因是华区营收没达到预期，而且关税还会增加成本。与此同时，热门中概股多数 上涨，纳斯达克中国金龙指数也涨了3.5%。 三、市场跌的快，修复的也快，仅靠自身的力量或也能修复。 护盘如果是全市场扫货，银行股， ...

Group 1 - The current market is in a contradictory state with negative factors such as expectations of a U.S. economic recession and skepticism towards the status of risk-free assets, while positive aspects include a stable job market and strong performance from U.S. tech companies [1] - The S&P 500 index has achieved a nine-day consecutive rise, down only 3% year-to-date, with a price-to-earnings ratio at the 85th percentile of the past 25 years, indicating resilience in the market [1] - There is a notable shift in investor behavior, with leveraged investors starting to buy again, while large banks and tech giants are entering a peak period for stock buybacks, expected to exceed $1 trillion this year [3] Group 2 - The U.S. economy is experiencing a 7% year-on-year increase in fiscal deficit, suggesting continued government spending which supports employment and consumption data [4] - The uncertainty surrounding tariffs remains, with expectations of trade framework agreements being announced while economic momentum gradually weakens [4] - The upcoming FOMC meeting is anticipated to have minimal impact, with expectations that the Federal Reserve will maintain a passive stance [4] Group 3 - The market is characterized by macroeconomic uncertainty but strong technical indicators and corporate earnings, with a prevailing pessimism among investors, particularly non-U.S. investors [5] - The current market behavior resembles patterns seen in 1998 and late 2007, where increased fear among investors correlates with market resilience [5] - The long-term upward trend of the S&P 500 post-pandemic remains intact despite recent challenges [5]

Revenue and Profit - The company achieved total revenue of 335 million yuan in Q1 2025, representing a year-on-year growth of 9.0% [1] - The net profit attributable to shareholders was 58.14 million yuan, up 8.1% year-on-year, while the net profit excluding non-recurring items was 51.68 million yuan, showing a minimal growth of 0.06% [1] Gross Margin and Net Margin - The company's gross margin stood at 33.19%, a decrease of 3.67 percentage points compared to the same period last year [2] - The net margin was 17.25%, down 1.14 percentage points year-on-year, indicating a decline in profitability but still within a reasonable range [2] Expense Control - The company demonstrated good expense control, with total selling, administrative, and financial expenses amounting to 28.59 million yuan, which accounted for 8.54% of revenue, a decrease of 0.23 percentage points year-on-year [3] Accounts Receivable and Cash Flow - Accounts receivable significantly increased to 526 million yuan, reflecting a year-on-year growth of 37.96% [4] - The operating cash flow per share was -0.14 yuan, a decline of 171.09% year-on-year, indicating potential cash flow pressure and the need to monitor accounts receivable recovery [4] Asset and Liability Situation - The company's interest-bearing debt was 1.23 billion yuan, a decrease of 15.26% compared to the same period last year [5] - The interest-bearing asset-liability ratio was 24.81%, suggesting a need for ongoing attention to the company's debt situation [5] Shareholder Equity and Dividends - The net asset per share was 8.36 yuan, an increase of 7.24% year-on-year [6] - Since its listing, the company has raised a total of 1.727 billion yuan and distributed a total of 191 million yuan in dividends, resulting in a dividend-to-financing ratio of 0.11 [6] Business Model and Capital Expenditure - The company's performance is primarily driven by capital expenditures, necessitating close attention to the rationality of capital expenditure projects and any potential funding pressures [7]

也许有人要问，为什么要专门制定这样一部法律？其意义何在？ 4月30日，十四届全国人大常委会第十五次会议表决通过了《中华人民共和国民营经济促进法》。法律共9章，自2025年5月20日起施行。作为我国 第一部专门关于民营经济发展的基础性法律，民营经济促进法出台可以用千呼万唤来形容，一直备受社会各界高度关注。 当今世界，百年变局加速演进，全球经济结构加速调整，创新愈加成为各国重塑竞争优势、提升国际竞争力的"尖端武器"。作为推进中国式现代 化的一支生力军，民营经济如何在推动科技创新和产业转型升级、培育新质生产力方面释放出巨大潜能，尤为值得期许。 人形机器人跳着秧歌亮相春晚、国产AI大模型横空出世、国产3A游戏征服世界玩家……一段时间以来，几家民营科技企业吸引了世界目光，也让 浙江杭州意外成为"网红"城市。有人将这批科技新锐冠以"杭州六小龙"之名，并探讨为何杭州能催生这么多勇于"不走寻常路"的高科技企业？ 民营经济大放异彩，绝非偶然现象，离不开其所扎根的深厚土壤。众所周知，浙江是我国民营经济最为活跃的地区之一，"敢为天下先"的精神已 深深刻在了企业基因里，加上当地政府一贯注重打造"无事不扰，有求必应"的营商环境，所以浙 ...

dbg盾博发现当众多华尔街策略师纷纷唱衰美国经济，宣称美国例外主义时代终结时，摩根士丹利分析师迈克 尔・威尔逊却抛出了与众不同的观点，他坚信疲软的美元将成为美国公司盈利的助推器，助力美国股市在全 球市场中脱颖而出，超越世界其他地区。这一论断在当下充满不确定性的金融市场环境中，犹如一颗重磅炸 弹，迅速吸引了市场参与者的广泛关注。 威尔逊的观点之所以引人注目，是因为它与当前主流的市场预期形成了鲜明对比。在全球经济增长放缓、地 缘政治冲突不断、贸易保护主义抬头的大背景下，许多分析师都对美国股市的前景持悲观态度，认为美国经 济难以独善其身，美国股市也将随之陷入困境。然而，威尔逊却从独特的视角出发，深入分析了美元走势与 美国股市之间的内在联系，以及美国公司在全球市场中的竞争优势，从而得出了截然不同的结论。 威尔逊指出，疲软的美元对美国公司盈利有着多方面的积极影响。从国际贸易角度来看，美元贬值使得美国 出口产品在国际市场上的价格更具竞争力。对于那些以出口为主的美国企业来说，同样的产品在海外市场能 够以更低的价格出售，这不仅有助于扩大市场份额，还能显著提升销售额和利润。以美国的制造业和农业为 例，在美元疲软的情况下，美国的 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：301486 证券简称：致尚科技 公告编号：2025-039 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或者重大 遗漏。 深圳市致尚科技股份有限公司（以下简称"公司"）于2025年4月17日召开第三届董事会第四次会议、第 三届监事会第三次会议，审议通过了《关于公司＜2025年限制性股票激励计划（草案）＞及其摘要的议 案》《关于公司＜2025年限制性股票激励计划实施考核管理办法＞的议案》等相关议案。 根据《上市公司股权激励管理办法》（以下简称"《管理办法》"）《深圳证券交易所创业板上市公司自 律监管指南第1号——业务办理》（以下简称"《自律监管指南第1号》"）等相关规定，公司对2025年限 制性股票激励计划（以下简称"本次激励计划"）首次授予的拟激励对象姓名和职务在公司内部进行了公 示。公司监事会结合公示情况对拟激励对象进行了核查，相关公示及审核情况如下： 一、 公示及核查方式 （一） 公司对拟激励对象的公示情况 公司于2025年4月18日在巨潮资讯网（http://www.cninfo.com.cn）上披露了《 ...