【环球网财经综合报道】北京时间5月17日凌晨，国际贵金属期货普遍收跌，COMEX黄金期货跌0.66% 报3205.30美元/盎司，本周累计下跌3.72%。COMEX白银期货跌0.76%报32.43美元/盎司，本周累计下跌 1.37%。 对此有市场人士分析认为，随着贸易分歧加剧和美联储政策不确定性，贵金属市场波动性明显增加；全 球消费者信心低迷以及通胀预期上升，也对市场构成挑战。 对此，国新证券近日发布研报认为，全球最大黄金ETF（SPDR）持仓单周减少12吨、中美双方宣布暂 停部分加征关税、美元指数强势反弹、美联储降息延迟等多重因素影响，导致了本轮黄金价格的回调。 受国际金价跳水影响，国内品牌金饰单克价格已集体回落至千元下方。此前已有多家金店金饰品价格下 调至千元以下。其中，周大福、周六福足金饰品下调至992元/克，两天每克共下跌30元；老庙足金饰品 价格下调至987元/克。但与此同时，上海期货交易所的黄金期货交易量在4月也飙升至历史新高，并在5 月初保持高位。 国新证券还提到，金价突破3500美元后触发量化模型止损，国内部分投资者通过信用卡套现或借贷炒 金，高杠杆持仓被迫平仓。值得注意的是，近期建设银行、兴 ...

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Compass owns ...

Monetary Policy - The People's Bank of China announced a 0.5 percentage point reduction in the reserve requirement ratio for financial institutions, effective May 15, releasing approximately 1 trillion yuan in long-term liquidity into the market [1] - The reserve requirement ratio for auto finance companies and financial leasing companies was reduced by 5 percentage points, enhancing their credit supply capabilities [1] Gold Market - Gold prices experienced a significant drop, falling 2.1% overnight and trading around $3,150 per ounce, with a low of $3,147 per ounce [1] - The decline in international gold prices has led to a noticeable decrease in domestic gold jewelry prices, with major brands like Chow Tai Fook seeing prices drop below 1,000 yuan per gram [1] Pharmaceutical Industry - Heng Rui Pharmaceutical launched its H-share global public offering, aiming to issue 224,519,800 H-shares, with a price range set between 41.45 and 44.05 HKD per share [1] - If the overallotment option is fully exercised, the maximum fundraising amount could reach 13.08 billion HKD [1] U.S. Treasury Market - The yield on 30-year U.S. Treasury bonds approached 5%, while the yield on 10-year bonds surpassed 4.5% [1] E-commerce and Social Media - Xiaohongshu (Little Red Book) partnered with Alibaba to open a traffic channel to external e-commerce platforms, allowing users to link directly to Taobao stores [2] - Xiaohongshu's overall commercial scale is projected to reach 100 billion yuan in 2024, but it still lags behind major platforms with trillion-level GMV [2] Fast Food Industry - The Chinese rice fast food market is expected to exceed 300 billion yuan by 2025, driven by its convenience, taste, and cost-effectiveness [2] Pet Industry - The domestic pet industry is experiencing significant growth, with increasing consumer interest and changing pet ownership trends [3] Billiards Market - The billiards market in China is projected to surpass 100 billion yuan by 2025, with over 210 million enthusiasts and an annual growth rate of 180% [3] - The resurgence of billiards is attributed to a growing audience base, improved event systems, and innovations in venue operations and equipment [3]

| < | 腾讯理财通 | ... | O < | | 腾讯理财通 | ... | 0 | | --- | --- | --- | --- | --- | --- | --- | --- | | 商品 X | | | | 工会与区 | | | | | 避险抗通胀,长期配黄金 | | | | 避险抗通胀,长期配黄金 | | | | | 国内现货 国际现货 | | 黄金实物 | | 国内现货 | 国际现货 黄金实物 | | | | 品牌 银行 | 回收 | | | 智能 | 回收 银行 | | | | 品牌 | | 价格(元/克) | 日涨跌幅 | 品牌 | 价格(元/克) | | 日流跌幅 | | 周大福 | | 1008 | -1.37% | 周大福 | | 976 | -1.61% | | 老凤祥 | | 1002 | -1.96% | 老凤祥 | | 974 | -1.62% | | 周六福 | | 1008 | -1.37% | 周六福 | | 976 | -1.61% | | 周生生 | | 1007 | -1.37% | 周生生 | | 975 | -1.71% | | 六福珠宝 | | 1008 ...

Investment Rating - The report maintains a consistent sector preference, favoring sports brands, diversified retailers, dairy, beverages, and restaurants, while being less favorable towards apparel/footwear OEM, furniture, projectors, discretionary small kitchen appliances, jewelry, and non-super-premium spirits [11]. Core Insights - Consumption in China has shown signs of recovery, with retail sales growth improving to +4.6% year-over-year in 1Q25, and companies in the coverage reporting an average growth of 14% compared to 12% in 4Q24 [1]. - Despite the positive growth, companies remain cautious about the outlook due to ongoing volatility and external factors such as US-China tariff developments impacting consumer confidence [2][1]. - Margin performance in 1Q25 was mixed, with some companies benefiting from favorable raw material prices and cost control, while others faced risks from marketing investments and competition [1]. - Companies are generally maintaining disciplined pricing strategies and healthier inventory levels, although some categories like spirits and sportswear are experiencing challenges due to demand pressures [1]. - The impact of tariffs on earnings and consumer sentiment is significant, with companies cautious about the second half of 2025 amid uncertainties [2]. Summary by Sections Key Findings from 1Q25 Results - Retail sales growth improved to +4.6% year-over-year, with coverage companies reporting an average growth of 14% [1]. - Labor Day consumption growth accelerated, indicating a potential rebound in consumer spending [1]. Expectations for 2Q25 - Companies are cautious about the outlook for 2H25 due to tariff uncertainties, although those with market share gain opportunities may be more resilient [2]. Sector/Stock Preferences - Preferred sectors include sports brands, diversified retailers, dairy, beverages, and restaurants, while least preferred sectors include apparel/footwear OEM and furniture [11]. Macro Data Points - The report notes that macroeconomic data points are solid, but ongoing tariff developments and policy support need to be monitored [11]. Valuation Methodology - The report emphasizes the importance of understanding the valuation methodology and the potential risks associated with it [11].

Core Viewpoint - The domestic gold market is experiencing a significant downturn, with gold prices falling sharply following a drop in international gold prices, leading to a collective price adjustment among domestic brands [1][2]. Price Trends - Gold futures have seen a consecutive decline, with expectations of a fourth consecutive drop. Major gold retailers have adjusted their prices, with gold jewelry prices decreasing by 7-16 yuan per gram, bringing several brands back to below 1,000 yuan [1]. - In the investment gold bar segment, 19 out of 20 major banks and gold brands have lowered their prices, with 13 brands experiencing a drop of over 10 yuan. Zhou Dasheng saw the largest decline, plummeting 16 yuan per gram in a single day [2]. Market Sentiment - Public sentiment regarding gold purchases is polarized, with some investors eager to buy at lower prices, while others are cautious, anticipating further declines due to potential actions from the Federal Reserve. Some humorous comments suggest a shift in preference towards silver due to gold's price drop [3]. - Experts indicate that while the short-term outlook is challenging, the long-term fundamentals for gold remain intact, with expectations of a rebound if economic data worsens and the Federal Reserve lowers interest rates [3]. Central Bank Activity - Global central banks continue to increase their gold holdings, which provides some support for gold prices [4]. Geopolitical Factors - Ongoing geopolitical risks have not been fully resolved, suggesting that demand for gold as a safe-haven asset could return at any time [5]. Investment Strategy - For long-term investors, the current price adjustments may present opportunities for gradual accumulation. However, short-term speculators are advised to proceed with caution to avoid significant losses from market volatility [6].

Company Overview - Brilliant Earth (NASDAQ: BRLT) operates in the premium jewelry sector, specializing in ethically sourced diamonds and gemstones used in jewelry [1] - The stock has experienced a decline of 29% year-to-date and 43% over the past year [1] Investment Strategy - The investment approach focuses on value and deep value, with interests in sectors such as financial services (regional banks and insurance), retail, software/technology, and waste management stocks [1] - A concentrated portfolio strategy is employed, concentrating on a few key companies with a deep understanding of industry trends, competitors, and management [1] - Emphasis is placed on valuation, integrating qualitative aspects of the company into a supportive valuation narrative [1] Educational Background and Goals - The educational background includes a specialization in Accounting and a minor in Economics from Wilfrid Laurier University [1] - The current goal includes obtaining a CPA designation and seeking second opinions on investment ideas while inspiring readers to think differently about investing [1]

4月18日，HEFANG全新品牌形象店·北京旗舰店「灵感书房」在三里屯太古里璀璨启幕， 并于5月10日举行开业派对，以一场融合珠宝艺术与创意体验的宴会，开启HEFANG的灵感 之旅。书房，是家空间的精神核心，亦是一方栖息地，设计师独具匠心，将阅读体验与珠 宝美学巧妙融合，在商场中构建起品牌专属的独特空间——「灵感书房」，门店不止是陈 列珠宝的空间，更是一座流动的灵感博物馆，通过创新的空间设计与品牌理念的融合，打 造出别具一格的全新品牌形象店，为顾客带来与众不同的消费与体验之旅。 在当下的消费市场，体验式消费逐渐成为主流，消费者不再满足于单纯的购物行为，而是渴望在购物过程中获得 精神层面的享受与文化滋养。从去年打造的全新品牌形象店「海边的家」，到今年璀璨启幕的全新品牌形象店·北 京旗舰店「灵感书房」，HEFANG始终将线下门店空间视为品牌与消费者深度对话的桥梁，以创新思维打破了传 统珠宝门店的固有模式，打造出一个充满故事性与沉浸感的消费场景。在HEFANG，珠宝不再是一种器物，而是 传递情感与共鸣的载体。 「灵感书房」 源于生活的设计巧思 在HEFANG全新品牌形象店・北京旗舰店，品牌以独特的策展思维解构与重构 ...

Group 1 - Gold prices have significantly declined, with COMEX gold futures dropping below $3220 per ounce and London gold reaching $3215.8 per ounce [1][2] - Major jewelry brands in China, such as Chow Tai Fook and Chow Sang Sang, have reduced their gold jewelry prices by 14 yuan per gram, with prices now at 1008 yuan and 1007 yuan per gram respectively [4][7] - Promotional activities ahead of the "5·20" event have led to some gold jewelry prices falling below 900 yuan per gram after discounts [1][7] Group 2 - The recent U.S.-China trade talks have resulted in substantial progress, positively impacting market sentiment, with major U.S. stock indices rising by 1% to 1.5% [1][8] - Analysts suggest that while gold has long-term value, short-term risks of price corrections exist due to profit-taking and reduced demand for safe-haven assets following the trade agreement [8][9] - The domestic stock market has shown signs of recovery, with major indices rebounding to levels prior to the "equal tariffs" situation, indicating improved market sentiment [9]

值得注意的是，这并非首次出现"黄金掺假"事件。早在2023年，上海、深圳等地就曾曝光多起"镀金外壳+铅芯"或"高仿合金"冒充足金饰 品的案例。一位资深消费者维权人士指出："黄金消费市场鱼龙混杂，部分三线品牌和私人定制店铺成为重灾区，消费者一定要看清品牌 资质，并保留好购买凭证。" 近日，一则关于"女子金手镯剪开流出液体"的视频冲上热搜，引发网友热议。视频中，一位女子因怀疑所购金手镯分量不足，在家中用 工具将其剪开，结果内部竟然渗出不明液体，疑似"注水黄金"。事件曝光后迅速在网络发酵，不少网友纷纷表示"贵金属都能注水，简直 刷新三观"。 面对金饰质量问题频发，专家建议消费者在购买黄金饰品时应注意以下几点： 目前，该事件已引起当地市场监管部门的关注，初步调查显示该金饰可能并非来自正规厂商，已立案展开进一步调查。消费者在愤怒之 余，更呼吁有关部门加强对黄金制品流通环节的监管，建立起更透明、更可信的市场环境。 黄金原本象征着财富与信任，而"注水黄金"却让这一信任被严重动摇。未来在消费过程中，我们不仅要擦亮双眼，更希望法律与制度为 消费者保驾护航，彻底斩断掺假黑手。 据当事人称，该金手镯购自某商场黄金柜台，标注为"千足 ...