房地产统计局 1-5 月数据点评：5 月新房销售金额与新开工面积降幅 均有所收窄 2025 年 6 月 16 日 看好/维持 房地产 行业报告 未来 3-6 个月行业大事： 销售：5 月新房销售面积同比降幅有所扩大，销售均价环比回升带动销售金额 同比降幅收窄。 2025 年 1-5 月商品房累计销售面积同比增速为-2.9%、前值为-2.8%；累计销 售金额同比增速为-3.8%、前值为-3.2%。其中，5 月商品房销售面积同比增速 为-3.3%、前值为-2.1%；销售金额同比增速为-6%、前值为-6.7%；销售均价 单月同比增速为-2.8%、单月环比增速为 2.5%。 开发投资：5 月新开工面积与竣工面积同比降幅收窄，开发投资维持弱势。 2025 年 1-5 月房屋累计新开工面积同比增速为-22.8%、前值为-23.8%；房屋 累计竣工面积同比增速为-17.3%、前值为-16.9%；开发投资累计金额同比增 速为-10.7%，前值为-10.3%。其中，5 月单月新开工面积同比增速为-19.3%， 前值为-22.1%；竣工面积同比增速为-19.5%，前值为-27.9%；开发投资金额 同比增速为-12%，前值为-11 ...

Asia Pacific Corporate Research 11 June 2025 China Property Reopening offshore bond market for non-SOEs? According to Bloomberg, Seazen may become the first non-SOE developer in two years to issue USD bonds, suggesting a potential reopening of the offshore bond market for non-SOEs. From an equity perspective, we see this more as a symbolic gesture than a restorative move that could bring the company totally out of the woods. Due to high costs (potentially 11-13%), we think better alternatives to refinance o ...

12 June 2025 | 6:17PM CST China Property What would it take to clear China's housing inventory (No. 2) With incremental inventory (including both saleable and non-saleable WIP and land reserve) data being disclosed by city governments lately, we perform a deep dive into China's housing inventory in the 2nd edition on this topic (see first edition here). We examine 78 cities which account for ~50% of China's population and housing stock and ~60% GDP. Shi Xu +86(21)2401-8929 | shi.x.xu@goldmansachs.cn Goldman ...

Core Insights - Business Development Companies (BDCs) are publicly-traded firms that lend to small businesses and are mandated to return at least 90% of taxable income to shareholders as dividends [3][4] - BDCs offer high yields, with some providing returns up to nearly 13% [2] - The article highlights three specific BDCs that are trading below their net asset value (NAV) while offering substantial dividends [3] BDC Overview - BDCs were created by Congress to serve as new lenders to small businesses, similar to Real Estate Investment Trusts (REITs) [3] - They are characterized by their requirement to distribute a significant portion of their income as dividends, making them attractive for income-focused investors [3] High-Yield BDC 1: BlackRock TCP Capital Corp. (TCPC) - TCPC focuses on middle-market companies with enterprise values between $100 million and $1.5 billion and has a diverse portfolio of 146 companies [4] - The investment mix is primarily in first-lien debt (83%), with 94% of its debt being floating-rate [5] - TCPC has faced challenges, including a recent dividend cut and a high level of non-accrual loans at 12.6% [10][9] High-Yield BDC 2: Crescent Capital BDC (CCAP) - CCAP is associated with Crescent Capital Group and invests in 191 portfolio companies, primarily in first-lien debt (91%) [11][12] - The company has a complex dividend history, with recent changes in special dividends and a focus on undistributed taxable income [13][14] - CCAP is currently trading at a 23% discount to NAV, with an 11% yield on the base dividend [16] High-Yield BDC 3: PennantPark Floating Rate Capital (PFLT) - PFLT targets midsized companies with annual EBITDA between $10 million and $50 million and has a portfolio of 190 companies [17][18] - Approximately 90% of PFLT's portfolio consists of floating-rate first-lien debt [19] - The company pays monthly dividends with a yield of nearly 12%, but its dividend coverage is tight, with a 97% payout ratio [21][20]

图片来源： Matthew Berman 当 Thomas Dohmke 第一次看到 GPT-3 生成 Python 代码时，他的反应是： " 这不可能奏效。 " 作为 GitHub 现任 CEO 、前 Copilot 项目负责人，他曾是代码世界里最冷静的现实主义者。但在 2020 年那个夏天， Codex 完成了一个排序算法 —— 没有编译器支持，却语法完美，那一刻，他意识到软件开发的未来已 经到来。 本次访谈中， AI 产品专家 Matthew Berman 与 Thomas 展开了一场极具穿透力的对话，回顾了从最早的 代码自动补全、到今天多模型 Agent 协作的全过程。他们探讨了一个关键问题： 当 AI 不再只是建议代 码，而是开始主动设计、修改和验证系统时，软件开发者的角色到底发生了什么变化？ 他还首次透露： GitHub Copilot 将正式开源，这是继 VS Code 之后又一次对开发者生态的深度承诺。他 坚信，未来的代码是由人类的创意、 AI 的算力和 Agent 的系统能力共建的。 "AI 不会消灭开发者，只 会激发他们更大的创造力。 " Thomas 的经历横跨编译器开发、开源运动、 A ...

Group 1 - Carlyle Secured Lending (CGBD) reported Q1 results with a dividend yield of 11.5% and a 16% discount to NAV [1] - The net investment income price yield for CGBD is 11.8%, which aligns with market expectations [1]

【CSDN 编者按】在AI席卷开发领域的今天，从"拥抱 AI"到"被 AI 吞噬"的界限，正在变得模糊。我们不 再讨论"要不要用 AI"，而是在重新审视"怎么用 AI"。本文讲述了一位资深工程师因过度依赖 AI 最终被公 司解雇的真实案例。这引发了开发者们的讨论：当你花更多时间在"教 AI 写代码"而不是"自己写代 码"时，是否也正在亲手削弱自己的职业价值？ 原文链接： https://www.reddit.com/r/ExperiencedDevs/comments/1l8rd86/anyone_have_a_colleague_thats_been_fired_for/ 作者 | Mindless_Tangerine32 翻译 | 郑丽媛 出品 | CSDN（ID：CSDNnews） 在 AI 浪潮汹涌的当下，你身边有没有这样的同事： 因为过于沉迷 AI，结果被公司开除了？ 我们公司是一家正处于扩张阶段的创业公司， 主营产品虽然不具备什么"革命性技术"， 但确实解决了客 户的核心问题， 因此在 行业中具备一席之地。 对我们来说 ，稳定、高效地推进开发任务尤为关键。 但 公司里 有位同事， 他 却一直像个" ...

Core Points - Vaxart, Inc. held its Annual Meeting of Stockholders in a virtual format, where preliminary results indicated that two proposals were approved and two were rejected by stockholders [1][2] - Stockholders voted in favor of the election of six director nominees and the ratification of WithumSmith+Brown, PC as the independent registered public accounting firm [5] - A proposal for an amendment to the Restated Certificate of Incorporation to effect a reverse stock split is under evaluation by the company [5] - The company is developing oral recombinant vaccines using its proprietary delivery platform, which allows for storage and shipping without refrigeration [3] - Current development programs include vaccines for coronavirus, norovirus, influenza, and a therapeutic vaccine for human papillomavirus (HPV) [3] Company Overview - Vaxart is a clinical-stage biotechnology company focused on oral recombinant vaccines [3] - The company's proprietary technology includes adenovirus and TLR3 agonists for oral vaccination [3] - Vaxart has filed broad domestic and international patent applications covering its technology [3]

Interior Renderings of ENT TERRACE Tsukiji 6 Chome (1) Interior Renderings of ENT TERRACE Tsukiji 6 Chome (1) Interior Renderings of ENT TERRACE Tsukiji 6 Chome (2) Interior Renderings of ENT TERRACE Tsukiji 6 Chome (2) Beautiful View Villa (Left) Produced by Pro Style Design Beautiful View Villa (Left) Produced by Pro Style Design Luxury Italian Casa (Right), Produced by Pro Style Design Luxury Italian Casa (Right), Produced by Pro Style Design Conceptual Map of the Tsukiji District Commun ...

Back in late October of 2023, one company, specifically a BDC (business development company), that I decided to look into was Ares Capital Corporation (NASDAQ: ARCC ). I initially found myself attracted to the hefty yield thatCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow an ...