1. 美国ETF创新产品：杠杆反向产品发行热度较高 上周美国共22只新发产品，杠杆反向产品发行继续增加： 上周共有8只杠杆反向产品发行，其中6只为单股票产品，包括MicroStrategy的2倍做多、做空产品，以及消费信贷公 司UPSTART、低空经济企业Archer Aviation、南美电子商务公司Mercado Libre和波音的2倍杠杆产品。另外， ProShares发行挂钩Nasdaq 100 Mega 指数的2倍杠杆、反向产品，该指数包含构成纳斯达克100的前45%权重的股 票。 Bitwise 上周发行一只挂钩GameStop的期权策略产品，同时使用看涨、看跌期权来实现月度收益，实际做多波动率， 因此选择GameStop这样的高波动标的来挂钩。 上周有4只债券ETF、1只货币ETF发行，Vanguard的多板块债券ETF涉及美国国债、公司债、新兴市场债券，通过主 动管理提高收益，景顺则扩充了目标到期日债券产品。除了目标到期日债券ETF，景顺上周还发行1只国际股票产 品，主要投资于从业务或收入特征上看有盈利潜力的公司。 FundX上周发行一只未来主题基金，希望投资于有望引领未来趋势的中小型公司，与 ...

6月18日早间，有关刘强东的多个话题冲上多个平台热搜。 刘强东刷屏。 2025年以来，京东在整个市场上掀起了巨大的声浪，尤其是强势入局外卖市场，更令市场感受到了不一样的紧张气氛。 6月17日晚，京东集团创始人、董事局主席刘强东在一场分享会上发声，称最近五年，京东没有任何新东西，也是京东失落的五年，走下坡路的五年；同时这也是 他创业史上没有成长、没有进步、没有创新、最没有特色、贡献价值最少的五年。对于京东为什么要做外卖，刘强东也在该分享会上做了更为详细的解释。 京东为什么做外卖？ 据了解，自今年2月京东外卖上线以来，京东在外卖领域动作频频，推出了包括"0佣金招募品质堂食餐厅"和"首个为外卖骑手缴纳五险一金的平台"等多个举措，对 外卖市场格局产生了巨大震动。 细数过去几个月京东外卖的成绩单，可谓是一路高歌猛进。2月11日，京东外卖正式上线，3月24日，日订单量突破100万单，4月22日，日订单量更是突破1000万 单；加之刘强东本人也一度穿上京东标志性红色工服，亲自送外卖，与外卖骑手把酒言欢……这都让京东外卖"火出圈"。 而外界也一直在猜测京东为什么要做外卖，甚至不惜耗费巨额资金掀起了新一轮的外卖"补贴大战"。 ...

Core Insights - JD.com is focusing on supply chain optimization as the core of all its business operations, including new ventures into food delivery and travel services [1][12][21] - The company aims to differentiate its food delivery service by leveraging its supply chain, with a new business model expected to address food safety issues [1][35] - JD.com has a long-term strategy of launching new business models every three years, with a history of successful expansions into logistics, finance, and healthcare [4][21] Business Expansion and Strategy - JD.com is set to officially announce its travel business, which is also centered around supply chain efficiency [3][38] - The company has introduced a "BIGBOSS plan" to streamline its organizational structure, reducing management layers to five [5][39] - JD.com has established over 1,600 logistics centers and aims to optimize inventory turnover days to between 20-25 days [23][31] Financial Performance and Projections - JD.com projects a net revenue of 1.1588 trillion yuan (approximately 164 billion USD) for 2024, with a net profit exceeding 40 billion yuan (approximately 5.6 billion USD) [4][27] - The company has committed to significant employee benefits, including full social insurance payments for its delivery personnel, with an average pre-tax salary exceeding 13,000 yuan (approximately 1,800 USD) [22][27] Innovation and Future Projects - JD.com is pursuing six innovative projects, including the application for global stablecoin licenses to reduce cross-border payment costs by 90% [6][36] - The company emphasizes continuous innovation while focusing on existing supply chain-related business models rather than diversifying into entirely new areas [7][36] Social Responsibility and Corporate Culture - JD.com has a strong commitment to social responsibility, having paid over 100 billion yuan (approximately 14 billion USD) in social insurance over 18 years [11][27] - The company promotes a flat organizational structure to empower frontline employees and ensure cultural and strategic continuity [9][40] Competitive Landscape - JD.com acknowledges competition in the food delivery sector, particularly with Meituan, but emphasizes its unique supply chain approach [10][35] - The company aims to enhance the quality and safety of food delivery services, setting it apart from competitors [1][35]

式，打通从国际品牌直采、保税仓备货、海关申报到门店体验的全链路服务。京东MALL北京双井店跨 境体验店店长才艺伟："对于化妆品、母婴等品类商品，消费者更倾向先体验后购买，这正是我们打造 线下跨境店的初衷"。店内汇集欧美、日韩、东南亚等全球50余国上万种热门商品，涵盖美妆个护、腕 表配饰、母婴保健等品类。消费者可现场试用戴森吹风机、欧莱雅护肤套装等国际爆品，并在京东全球 购线上下单，享受直发到家、正品溯源保障的一站式服务，真正实现"线下种草、线上优惠、正品直 达"的跨境购物闭环。 开业期间，跨境体验店所在的京东MALL成为了科技与潮流融合的体验场：26款形态各异的机器人组 成"赛博天团"表演后空翻与人机对弈；AI体验区可定制AI风格照片、体验智能翻译眼镜；展区1：1复刻 京东1998年中关村创业柜台，引发消费者感慨"从三尺柜台到科技商城"的蜕变。商场还联动京东校园之 星电竞大赛总决赛、萌宠市集等主题活动，吸引了众多年轻用户参观打卡。 值此开业盛典与618促销双重节点，京东全球购推出极具诚意的专属福利：不仅有晚8点开启的"进口大 牌1元抢"活动，任天堂Switch2、佳能相机等硬核单品限量秒杀；还有松下、AGF、 ...

Core Viewpoint - JD.com demonstrates strong market leadership during the 618 shopping festival, leveraging its supply chain, logistics, and marketing strategies to achieve significant sales growth across various categories, particularly in consumer electronics and home appliances [1][6][15]. Group 1: Sales Performance - JD.com captures 69% of the digital product sales, 68% of the major appliance sales, and 60% of the small appliance sales among mainstream e-commerce platforms, with all categories showing over 50% year-on-year growth [1][6]. - The outdoor apparel category experiences a remarkable 221% year-on-year growth, while the sportswear category sees a 127% increase, both significantly outpacing the overall industry growth [1][9]. - In personal care and cleaning products, JD.com achieves over 30% year-on-year sales growth, again surpassing the industry average [1][12]. Group 2: Marketing Strategies - JD.com effectively utilizes a 38-day promotional period, launching a series of themed shopping days to engage various consumer segments, enhancing brand visibility and consumer interaction [3][4]. - The company implements targeted marketing strategies, such as the "Fan Day" event, focusing on tech enthusiasts and utilizing auction-style promotions to boost sales in the 3C digital product category [7][8]. Group 3: Policy and Pricing Strategies - National subsidy policies and JD.com's own promotional strategies work in tandem to enhance market competitiveness, particularly in the digital and home appliance sectors [6][8]. - The company offers substantial subsidies on energy-efficient appliances, with discounts reaching up to 20% and additional promotional offers, effectively driving consumer interest and sales [8][9]. Group 4: Expansion into New Categories - JD.com successfully expands into new growth areas, such as outdoor sports and beauty products, demonstrating its ability to adapt and capture emerging market trends [9][12][15]. - The company’s dual strategy of simplifying pricing and incentivizing merchants leads to significant growth in the beauty and personal care categories, with sales growth exceeding 30% [12][15].

智通财经6月18日电，亚马逊称，在未来几年，预计生成式人工智能和智能代理的推广将减少公司的整 体公司员工人数。 ...

Core Insights - JD Group is entering the hotel and tourism industry, aiming to create a seamless supply chain and expressing confidence in its success [1] - The company plans to leverage its supply chain capabilities to significantly reduce costs for customers, with an average gross margin of 60% in the industry compared to JD's target of 20% [1] - JD's business model focuses solely on supply chain management, emphasizing value creation over maintaining industry-standard margins [1] Group 1 - JD's initial focus in the new venture is on convenience stores, addressing counterfeit issues and partnering with consumer brands to streamline supply [1][2] - The company has successfully established partnerships with 1.5 million convenience stores, providing direct supply to reduce counterfeit products and lower distribution costs [1] - JD's future plans include expanding into the restaurant and takeaway sectors, followed by the hotel and tourism industry, all aimed at enhancing the supply chain [2] Group 2 - JD defines its customer experience through three key aspects: product quality, pricing, and service, striving to outperform competitors in all three areas [2] - Future supply chain developments will also encompass beauty and medical aesthetics, as well as various service industries [2] - The company aims to provide comprehensive services to consumers, integrating travel and shopping experiences [2]

Core Insights - JD Group's international business strategy focuses on local e-commerce and building local teams, with over 2000 employees dedicated to local procurement and delivery, emphasizing the sale of branded goods [1] - The company does not pursue a cross-border e-commerce model, believing it to be unsustainable in the long term and detrimental to the country's image due to the focus on cheap goods [1] - JD has been developing its infrastructure in Europe for three years, acknowledging that its business model requires significant groundwork before profitability can be achieved [1] - The company's international strategy differs from Amazon's by initially signing agreements with 1000 Chinese brands, aiming for their success as a measure of JD's own success [1] - It may take an additional five years to fully bring these 1000 Chinese brands to international markets, requiring compliance and local certification efforts [1] Industry Insights - The quality of Chinese brands is reportedly surpassing that of Western brands, with significant innovation in small home appliances, where 98% of global innovation is claimed to originate from China [2]

北京海关所属天竺海关在"618"大促前夕提前发力，为跨境电商企业备货提供合规申报指引，依托企业 备案促销开展峰谷时段分析，实时监测并同步企业申报动态，提供涵盖一线备货至卡口放行全流 程"7×24小时"预约通关保障。 京东全球购是京东集团旗下的跨境电商进口业务。为向消费者提供更加快捷的跨境网购消费体验，京东 全球购创新推出"门店展示+跨境电商+骑手配送"的业务模式，以"保税展示"方式在线下体验店供消费者 现场体验并在线下单，物流时间从当日达、次日达提升为小时达。 "在海关的细心指导和悉心帮助下，我们在行业内首创了全新配送模式。"京东全球购供应链负责人吴雪 介绍，"我们提前将货物批量存储在亦庄保税物流中心（B型）内，待消费者下单后，完成跨境电商申 报清单、接驳车辆出区等海关手续，即可在区外中转站点将商品交付骑手进行配送。" "亦庄海关将继续秉持'关企同心，发展同行'理念，送政策、听意见、解难题，助力企业应享尽享政策 红利，激发民营企业活力，增强民营企业动力，不断拓宽辖区企业高质量发展道路。"北京海关所属亦 庄海关副关长汪凯锋说。 中国青年报客户端北京6月17日电（中青报·中青网记者 何春中）近日，一瓶产自澳大利亚 ...

企业名称泰兴市咏丰里文化街区投资建设管理有限公司法定代表人洪云注册资本500万人民币国标行业 租赁和商务服务业>商务服务业>综合管理服务地址泰兴市黄桥镇龙华路288号企业类型其他有限责任公 司营业期限2025-6-16至无固定期限登记机关泰兴市数据局 来源：金融界 天眼查App显示，近日，泰兴市咏丰里文化街区投资建设管理有限公司成立，法定代表人为洪云，注册 资本500万人民币，由中黄建设有限公司全资持股。 序号股东名称持股比例1中黄建设有限公司100% 经营范围含数字文化创意内容应用服务；自有资金投资的资产管理服务；企业管理；企业管理咨询；物 业管理；社会经济咨询服务；停车场服务；住房租赁；餐饮管理；酒店管理；房地产咨询；技术服务、 技术开发、技术咨询、技术交流、技术转让、技术推广；劳务服务（不含劳务派遣）；工程管理服务； 市政设施管理；城乡市容管理；城市绿化管理；单位后勤管理服务；规划设计管理；城市公园管理；农 村民间工艺及制品、休闲农业和乡村旅游资源的开发经营；企业形象策划；商务代理代办服务；品牌管 理；技术推广服务；数字创意产品展览展示服务；人力资源服务（不含职业中介活动、劳务派遣服 务）；建筑物清洁服 ...