美国就业数据意外"崩盘"。 今晚，美国劳工统计局发布的数据显示，美国7月新增非农就业人数骤降至7.3万人，大幅低于预期的10.4万人，为去年10月以 来最小增幅。有分析称，美国劳动力市场出现"急速刹车"，或引发新一轮衰退担忧。 就业数据公布后，美国利率期货显示美联储下次会议降息的可能性大幅上升。 受此影响，美元指数直线跳水，大跌超1%。美股开盘后，三大指数全线大跌，截至北京时间22:15，纳指大跌超2%，标普500 指数跌1.56%，道指跌1.41%。欧洲股市亦集体重挫，法国CAC40指数大跌近3%，德国DAX指数、欧洲斯托克50指数、意大利 富时MIB指数大跌超2%，英国富时100指数跌超1%。另外，VIX恐慌指数大幅飙涨超22%。 与此同时，美国总统特朗普再次批评美联储主席鲍威尔，并再次呼吁降息。他点评称："太少，太晚。美联储主席鲍威尔'太迟 先生'是个灾难。降息！" 美国就业数据崩了 北京时间8月1日晚间，美国劳工统计局发布了 7月非农就业报告 ，其中显示，美国7月非农就业人数增加7.3万人，大幅低于预 期的10.4万人，为去年10月以来最小增幅，前值为增加14.7万人。 报告显示，美国7月失业率回升至 ...

Group 1 - The company, Kingyung Investment (01328), announced the acquisition of 315,000 shares of Saint Bella (02508) at a total cost of approximately HKD 2.309 million, excluding transaction costs, at a price of HKD 7.3286 per share [1] - Between July 28, 2025, and August 1, 2025, Redwood, a wholly-owned subsidiary of the company, purchased a total of 1.83 million shares of Saint Bella for approximately HKD 13.823 million, at an average price of HKD 7.5536 per share [1] - Following these acquisitions, the group holds a total of 1.83 million shares of Saint Bella, representing about 0.29% of the total issued shares of Saint Bella as of the announcement date [1] Group 2 - The group primarily engages in providing investment management services and strategic direct investment [1] - The company maintains a positive outlook on Saint Bella's financial performance and future prospects, viewing it as a leading postpartum care and recovery group in China that also offers home care services and products catering to women's needs [1] - The investment in Saint Bella aligns with the group's investment criteria and serves the overall interests of the company and its shareholders [1]

Group 1 - The core announcement indicates that King Yong Investment (01328) plans to further acquire shares of Saint Bella (02508) through its wholly-owned subsidiary Redwood, with a total cost of approximately HKD 2.309 million, excluding transaction costs, for 315,000 shares at an average price of HKD 7.3286 per share [1] - Between July 28, 2025, and August 1, 2025, Redwood will acquire a total of 1.83 million shares of Saint Bella for approximately HKD 13.823 million, at an average price of HKD 7.5536 per share [1] - After these acquisitions, the group will hold a total of 1.83 million shares of Saint Bella, representing about 0.29% of the total issued shares of Saint Bella as of the announcement date [1] Group 2 - The group primarily engages in providing investment management services and strategic direct investment [1] - The group maintains a positive outlook on the financial performance and future prospects of Saint Bella, which is recognized as a leading postpartum care and recovery group in China, also offering home care services and food products catering to women's needs [1] - The investment in Saint Bella aligns with the group's investment criteria and serves the overall interests of the company and its shareholders [1]

行情回顾 美元指数本周一度大幅上行，主要得益于美国与欧盟等达成贸易协议、好于预期的GDP等美国经济数据、美联储主席鲍威尔的新闻发布会被解读为鹰派，以 及市场削减今年的降息预期。截至本周四，美指已经连续六个交易日收涨，并重回站上100整数关口，创5月底以来新高。但是，周五弱于预期的非农数据直 接将让美元重回99，大幅下挫超过100点，市场重新计价年内两次降息。 现货黄金一度因美元走强而承压下跌。其中，周三金价一度跌破3270美元关口，并创1个多月来最大单日跌幅。周四周五黄金稍微回升，非农后更是直接大 涨40美元，抹去此前全部跌幅，重回3340美元/盎司上方。 非美货币方面，强美元一度导致非美货币走势低迷，英镑兑美元、澳元兑美元均录得六连跌，欧元兑美元录得五连跌，美元兑日元录得上涨。 国际油价本周料将收涨，为三周以来首次，主要因为特朗普将对俄乌停火的最后通牒提前至8月8日，且全球贸易局势出现缓和迹象。 风险资产方面，美股大盘涨势本周有所消停。个股方面，微软盘中市值一度站上4万亿美元，Meta在亮眼财报提振下单日涨11%，设计软件巨头Figma上市首 日上涨256%。 投行观点精选 瑞银称，美元目前的涨势可能是短暂 ...

委员会的其他成员包括：香港交易所前主席史美伦、春华资本集团董事长胡祖六、北京大学国家发展研 究院院长及数字金融研究中心主任黄益平、现任国家科技成果转化引导基金理事长及招商银行前行长兼 首席执行官马蔚华、TPG中国的合伙人兼董事长孙强、香港交易所主席唐家成以及香港交易所集团行政 总裁陈翊庭。 中国业务咨询委员会成立于2021年，成员包括深谙中国市场的资深业界专家，担任香港交易所董事会的 顾问，张勇加入后，委员会成员将增至九名。香港交易所非执行董事及中信资本控股有限公司董事长兼 首席执行官张㦤宸担任委员会主席。 【#前阿里巴巴CEO张勇履新#，#前阿里CEO张勇加盟港交所#】8月1日，香港交易所公告显示，晨壹基 金管理合伙人、前阿里巴巴集团董事会主席兼首席执行官张勇获委任为香港交易所旗下中国业务咨询委 员会的最新成员。 ...

Core Viewpoint - The Federal Reserve's expectations for a rate cut in September have significantly diminished following Chairman Powell's hawkish remarks, with the likelihood of a rate cut now around 40% for September and 80% for October [1][2]. Group 1: Federal Reserve's Rate Decision - The Federal Reserve maintained the federal funds rate target range at 4.25% to 4.50%, marking the fifth consecutive decision to keep rates unchanged this year [1]. - For the first time in over 30 years, two Federal Reserve governors voted against the rate decision, advocating for a 25 basis point cut [1]. - Powell indicated that it is premature to assert whether the Fed will cut rates in September, emphasizing the need for more economic data before making a decision [1][2]. Group 2: Economic Indicators and Labor Market - The U.S. economy showed signs of slowing growth, with the Fed downgrading its previous assessment of "steady growth" and acknowledging increased downside risks to employment goals [2][3]. - The unemployment rate has recently dropped to 4.1%, but job growth in the private sector has significantly slowed, raising concerns about the labor market's stability [4]. - Job vacancies decreased from 7.71 million in May to 7.44 million in June, indicating a gradual cooling of the labor market [5]. Group 3: Inflation and Tariff Impact - The Fed's current stance is influenced by uncertainties surrounding tariff policies and their potential inflationary effects, with estimates suggesting tariffs could raise U.S. prices by 1.8%, equating to an average household income loss of approximately $2,400 [6]. - Powell stated that the Fed will remain flexible and closely monitor changes in tariff policies and inflation data as key factors in determining future monetary policy [6][8]. Group 4: Future Rate Cut Expectations - Market expectations for a rate cut have shifted, with some analysts predicting that the Fed may delay rate cuts until December, while others anticipate a more aggressive approach if tariff impacts are less severe than expected [7]. - The potential for a total rate cut of 50 to 75 basis points within the year is suggested, depending on the evolution of economic conditions and tariff negotiations [7]. Group 5: Central Bank Independence - Concerns regarding the independence of the Federal Reserve are rising, particularly with Powell's term nearing its end, which could lead to increased market uncertainty [8]. - Historical precedents indicate that central bank independence is crucial for maintaining price stability and market trust, especially in the face of political pressures [8].

Group 1 - The core point of the article is that Jiuding Investment announced the transfer of 100% equity of its wholly-owned subsidiary, Jiangxi Zixing Enterprise Management Co., Ltd., to another wholly-owned subsidiary, Jiangxi Zixing Commercial Development Co., Ltd. [1] - The change in the equity structure does not affect the controlling shareholder or the actual controller of the company, which remains Jiuding Group [1] - The equity structure change will not have a substantial impact on the company's daily operations and production activities [1]

Core Viewpoint - Blackstone reported a record high asset management scale of $1.2 trillion, reflecting a year-on-year growth of 13% and strong investment returns for limited partners [3][8][10]. Fundraising Performance - In the past twelve months, Blackstone achieved a net inflow of $212 billion, with $52 billion coming from limited partners in Q2 2025, indicating robust fundraising performance [6]. - The private wealth segment has grown to nearly $280 billion, with a 30% year-on-year increase in fundraising to $10 billion in Q2 [6]. Asset Management Growth - Blackstone's credit business has tripled in size over the past five years to $48.4 billion, while assets managed for insurance companies exceeded $250 billion, growing by 20% year-on-year [8]. - The management fees and advisory fees netted $2.02 billion in Q2, a 13% increase compared to the previous year [8]. Investment Activity - Blackstone invested $33 billion in Q2, focusing on long-term trends in sectors such as digital and energy infrastructure, digital commerce, private credit, life sciences, and the Indian market [8]. - Over the past twelve months, Blackstone's total investment reached $145 billion, marking one of the most active investment periods in its history [8]. Future Outlook - Blackstone's leadership believes the current environment presents a window of investment opportunities, with a resurgence in M&A and IPO activities anticipated due to lower short-term interest rates and reduced uncertainty [9][13]. - The company has the largest IPO project pipeline since 2021, with confidence in future growth driven by strong growth engines [14].

智通财经APP获悉，骏利亨德森投资环球短存续期及流动性主管及投资组合经理Dan Siluk 表示，一如 外界预期，美联储连续第五次在会议上维持联邦基金利率于4.25–4.50% 不变。此次决议并非一致通 过，理事鲍曼(Bowman)和沃勒(Waller)表达异议，支持减息25个基点，这一立场在会前已有所透露，如 今获得确认。Dan Siluk 表示，市场可能会将此会议结果解读为美联储"观望"策略的延续，并通过异议 与较温和的措辞展现"鸽派"倾向。9月决策将具高度可变性。 声明中美联储对经济的评估略有下修。6月时的措辞为经济活动"持续稳健扩张"，而本次语气则转为谨 慎，指出"上半年经济活动出现放缓"。委员会仍形容通胀为"略高"，并承认来自关税与财政动态的上行 风险持续存在。 美联储主席鲍威尔在记者会上维持以数据为本的立场，不排除在9月采取行动的可能，但也不承诺减 息，由于本次并无更新的经济预测摘要(SEP)，市场焦点将迅速转向 Jackson Hole 研讨会及后续经济数 据。 ...

Group 1 - European stock markets are recovering from a period of stagnation, with some stocks showing tactical overbought signals as investors recognize the region's investment potential [1] - Germany has announced a significant fiscal policy reboot, planning to allocate approximately 25% of its GDP to infrastructure and defense projects over the next decade, which is expected to boost economic growth in Germany and Europe [1] - The European monetary environment is signaling improved economic momentum, with inflation declining and more easing policies likely to be introduced, supporting local economic growth [1] Group 2 - Caution is advised regarding the strengthening of the euro and high interest rates, which could negatively impact European companies that derive most of their revenue from overseas [2] - Local European companies are showing stronger earnings momentum compared to multinational peers, particularly in sectors like telecommunications, banking, and construction, as well as defense stocks and utilities with high entry barriers [2]