Group 1: Industry Events - The 2025 (15th) High-tech Lithium Battery Annual Conference will be held from November 18-20, 2025, at the JW Marriott Hotel in Shenzhen [1] Group 2: Battery Projects - Anhui Xingchuan New Energy has commenced construction on its second high-power battery project with a total investment of approximately 980 million yuan, covering an area of about 61 acres and a planned building area of approximately 59,000 square meters [2] - The first phase of Anhui Xingchuan's high-power battery project, which recently completed production, had a total investment of 2 billion yuan and is expected to achieve an annual output value of 1.6 billion yuan upon full production [2] - Tianneng has initiated three large-scale energy storage projects in Jiangsu, Henan, and Guizhou, with a total scale of 110.18 MWh, utilizing self-produced battery cells [4] Group 3: Battery Recycling - Beijing Beikong Resource Recycling Technology Co., Ltd. has been established to focus on the recycling and reuse of waste power batteries from electric vehicles, as a wholly-owned subsidiary of a state-owned enterprise [6] Group 4: International Expansion - VinFast has signed a strategic cooperation agreement with Plugsurfing to expand its electric vehicle charging network across Europe, providing access to over 1 million public charging stations in 24 European countries [8] - Sony Honda Mobility has begun pre-production of its Afeela electric vehicle in Ohio, with plans for initial deliveries in mid-2026, featuring advanced technology and a dual-motor all-wheel-drive system [9]

格隆汇8月14日丨雅迪控股(01585.HK)公布，公司将于2025年8月26日召开董事会会议，以（其中包括） 审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议（如 有）。 ...

Group 1 - The current supply-side adjustment in China is more challenging than in 2016, with severe overcapacity resulting from production in recent years [1][3] - The rapid growth of the Chinese economy, even during global downturns, has led to significant overcapacity in sectors like electric vehicles, where profits are minimal [3][5] - The consumption issue in China is persistent, with a cultural tendency to save rather than spend, impacting the overall consumption-to-GDP ratio [5][6] Group 2 - To stimulate consumption, a shift from a planned economy mindset to a market-driven approach is necessary [5][6] - Despite perceived consumption weakness, certain consumer stocks in Hong Kong and A-shares are performing well, indicating underlying consumer activity [6][7] - The cyclical nature of consumption in China is closely tied to economic cycles, and new policies could alleviate downward pressure on consumption [6][7]

Market Performance - On August 13, U.S. stock indices continued their strong performance, with the S&P 500 and Nasdaq indices setting new closing records for the second consecutive day, driven by expectations of Federal Reserve interest rate cuts [1][2][4] - The Dow Jones Industrial Average rose by 1.04% to close at 44,922.27 points, while the S&P 500 increased by 0.32% to 6,466.58 points, and the Nasdaq Composite gained 0.14% to 21,713.14 points [2][4] Chinese Stocks - Chinese stocks performed notably well, with the Nasdaq China Golden Dragon Index rising by 2.08% and the Chinese Technology Leaders Index increasing by 4.71% [1][4] - Individual stock performances included Niu Technologies surging over 17%, Wanwu Xingsheng rising over 14%, and Tencent Holdings-ADR increasing over 7% [4] Bullish Trading - The digital asset trading platform Bullish made a strong debut on the NYSE, opening at $90 and reaching a high of $118 during trading. However, it closed at $68, reflecting an increase of nearly 84% from its issue price [4][5] Precious Metals and Commodities - Precious metals saw gains, with COMEX gold futures rising by 0.24% to $3,407.00 per ounce and COMEX silver futures increasing by 1.44% to $38.55 per ounce, driven by expectations of Federal Reserve easing [8] - In contrast, crude oil futures declined, with light crude oil falling by $0.52 to $62.65 per barrel, a decrease of 0.82%, and Brent crude oil dropping by $0.49 to $65.63 per barrel, down 0.74% [8]

小牛电动(NIU.US)盘中涨超13%，报4.875美元，创3月28日以来新高。公司公布财报显示，Q2营收为12.557亿元，同比增长33.5%；净利润为590万元，而上 年同期净亏损为2490万元。 ...

周三，小牛电动(NIU.US)股价走高，截至发稿，该股涨超10%，报4.75美元。消息面上，小牛电动公布 了2025年第二季度业绩。财报显示，小牛电动Q2营收为12.557亿元(单位人民币，下同)，同比增长 33.5%；净利润为 590 万元，而上年同期净亏损为 2490 万元；每股ADS净利润为0.07元，上年同期每股 ADS亏损为0.31元。小牛电动第一降低电动滑板车销量为350,090辆，同比增长36.7%。按地区划分，中 国电动滑板车销量达318,719辆，同比增长53.6%；国际市场电动滑板车销量为31,371辆，同比下降 35.5%。 ...

北京商报讯（记者 张君花）8月13日，雅迪控股发布公告称，公司决定更换核数师。罗兵咸永道会计师 事务所自2025年8月12日起辞任，原因是公司与罗兵咸永道就未来的审计服务需求进行了沟通，罗兵咸 永道同意辞任。同时，董事会建议委任德勤关黄陈方会计师行为新任核数师，以填补罗兵咸永道辞任后 的空缺。审计委员会在评估德勤的资格时，考虑了其在处理联交所上市公司审计工作方面的经验、独立 性、市场声誉等多个因素。董事会认为，更换核数师将有助于维持审计质量，并为公司的未来业务发展 提供更有力的支持。 ...

(格隆汇) 1. 美国三大股指期货齐涨，纳指期货涨0.25%，标普500指数期货涨0.21%，道指期货涨0.28%。 2. 欧股主要指数集体上涨，德国DAX指数涨0.69%，英国富时100指数涨0.17%，法国CAC指数涨 0.54%，欧洲斯托克50指数涨0.87%。 3. 美国财长贝森特：对美联储9月会议感到乐观，有50个基点降息的可能。 5. 花旗：美联储或于9月重启降息周期，今年还将降息三次，每次25个基点。 6. Rho Motion：7月全球电动车销量同比增长21%至约160万辆，为1月以来最低增幅。 7. 小摩Q2持仓报告：继续重仓科技巨头，大幅增持英伟达和微软。 8. AI初创公司Perplexity提出以345亿美元收购谷歌Chrome浏览器。 9. Meta旗下社交平台Threads的月活跃用户数已超过4亿。 10. 马斯克：特斯拉在奥斯汀的Robotaxi服务将于9月向公众开放。 11. 郭明錤：搭载M5芯片的苹果MacBook Pro可能要等到2026年才会发布。 12. 美国德州总检察长起诉礼来，指控其涉嫌"贿赂"医务人员开具药品处方。 13. CoreWeave Q2营收同比增长20 ...

摩根大通发布研报称，小米集团-W(01810)过去一个月表现跑输大市，股价累跌10%，对比同期恒指累 升约1.5%，相信是由于市场对下半年智能手机及物联网等核心业务盈利放缓感到忧虑，符合小摩今年3 月将其投资评级下调至"中性"时的观点。小摩维持小米的"中性"评级及目标价60港元。 小摩目前预测小米2025年智能手机收入仅增长5%，物联网业务收入料增长36%，当中下半年增速料各 明显放缓。电动车交付量自2025年3月以来维持每月约3万辆水平，新车型YU7需求仍然强劲。考虑到市 场已开始下调小米2025下半年及2026年核心盈利预测，小摩将该公司列入正面催化观察名单，预期电动 车交付数据将于未来数月回升，预料今年第四季可增长至每月交付4万辆，或推动股价在未来3至4个月 内上涨15%至20%。 ...

Group 1 - The core viewpoint is that U.S. stock valuations currently reflect fundamental factors but have not reached excessively high levels, with certain stocks still having upward revaluation potential [1] - The "Terrific 20" stocks are driving the current U.S. market valuation, following the "Magnificent Seven," while many sectors, such as banking, are not overvalued [1] - In the second half of the year, micro factors are deemed more important than macro factors, and stock selection should be based on industry and investment themes [1] Group 2 - In the Asian market, Chinese stocks in robotics, electric vehicles, and emerging consumer sectors are viewed positively, with additional opportunities in the tech supply chains of Japan and South Korea [1] - There is an expectation that Japanese stocks will perform well in the second half of the year, following the positive trend of South Korean stocks [1] - Investment opportunities in AI are highlighted, with the U.S. excelling in R&D from scratch, while Chinese companies outperform in technology applications [1] Group 3 - Some institutional investors are returning to risk markets after previously withdrawing due to trade tensions, while retail investors remain cautious [2] - As the U.S. lowers interest rates, leading to reduced returns on fixed deposits and money market funds, it is anticipated that funds will flow back into risk markets in pursuit of higher returns [2]