完整早报音频，请点击标题下方小耳机收听 【比亚迪回应 "汽车圈恒大"】 5 月 30 日消息，比亚迪集团品牌及公关处总经理李云飞发文回应"汽车圈恒大"相 关言论。他表示，看到大量文章、评论、视频都暗指比亚迪是"汽车圈恒大"，这一切源于上周长城汽车魏总的惊人 言论："现在汽车产业里边的'恒大'，已经存在了，只不过没爆而已。" 李云飞称，过去几年比亚迪高速增长，反观有些企业却止步不前，新能源业务甚至严重落后。但整体来看，中国主 流车企的资产负债情况要好于国外车企，中国主流车企根本不存在所谓的 "车圈恒大"，任何唱衰中国新能源汽车的 言论都是不可取的！李云飞还称，对于很多危言耸听的言论，已经向国家有关部门反映及上报了相关证据及线索， 对于恶意带节奏的相关方，将追究其法律责任！（证券时报） 上下滑动可查看长图 【胖东来红内裤案宣判，被告段某赔偿 40 万、道歉 30 天】 据河南省许昌市魏都区人民法院消息， 2025 年 5 月 28 日，许昌市魏都区人民法院依法公开开庭审理了原告许昌市胖东来商贸集团有限公司与被告段某名誉权纠纷 案，并当庭宣判，判决段某在其个人抖音账号"两个小段（小）"发布宣读书面道歉信的视频，书面 ...

英大证券研究所证券研究报告 金 点 策 略 晨 报 2025 年 5 月 21 日 5 月 LPR 下调 10 个基点，震荡轮动格局或将延续 分析师：惠祥凤 执业证书编号：S0990513100001 电话：0755-83007028 邮箱：huixf@ydzq.sgcc.com.cn 观点： 总量视角 【A 股大势研判】 5 月 20 日，贷款市场报价利率（LPR）迎来年内首次下调，1 年期 LPR 和 5 年期以上 LPR 均下调 10 个基点。同时，多家国有大行及股份行下调存款利率， 活期、定期及通知存款利率全面调降。政策进一步释放流动性宽松信号，降低存 量房贷利率以刺激消费和经济复苏，对 A 股形成利好。 周二沪深三大指数集体上涨，盘面上看，受益于 618 大促预期及消费政策支 持，美容护理、零售连锁表现活跃。而消费升级趋势下，宠物食品、IP 衍生品等 细分赛道受资金追捧，反映市场对新兴消费需求的挖掘。 不过，尽管周二市场集体上攻，但高位股方向出现分歧，后市震荡轮动格局 或将延续：首先，高位股分歧加大。部分前期强势股出现大幅回调；其次，技术 面仍有承压。3400 点作为前期密集成交区，积累了不少套牢盘 ...

Group 1 - The People's Bank of China will lower the reserve requirement ratio by 0.5 percentage points starting May 15, and by 5 percentage points for auto finance and leasing companies [6][12] - Multiple domestic internet giants will release their financial reports next week, including JD.com on May 13, Tencent on May 14, and Alibaba and NetEase on May 15 [6][14] - E-commerce platforms such as Tmall and Suning will start their 618 pre-sale activities on May 13, while Douyin Mall and JD.com will also launch promotional events on the same day [6][15] Group 2 - 28 stocks in the A-share market will face the unlocking of restricted shares next week, totaling 1.066 billion shares with a market value of 18.63 billion yuan, a week-on-week decrease of 58.25% [3] - The stocks with the highest unlocking market value include Guojin Securities, Qiangrui Technology, and Jiangsu Huachen, with respective values of 4.166 billion yuan, 3.243 billion yuan, and 2.644 billion yuan [3][4] - There will be no new stock subscriptions in the A-share market next week, but Tian Gong Co. will be listed on the Beijing Stock Exchange on May 13 [3][5] Group 3 - Walmart is expected to report its Q1 2026 financial results on May 15, with projected revenue of $164.5 billion, a year-on-year increase of 2.85%, and an expected earnings per share of $0.579, a decrease of 8.11% [6][16] - UBS analysts believe Walmart's first-quarter results will show stable and predictable revenue despite broader concerns about tariffs and economic pressures [6][16] Group 4 - The Hang Seng Index Company will announce the results of the Hang Seng Index series review for Q1 2025 on May 16 [3][4] - The U.S. will release key economic data next week, including the April CPI on May 13 and the April PPI and retail sales on May 15 [4][5]

Group 1 - The U.S. economy showed unexpected contraction with a GDP decline of 0.3% in Q1, marking the first quarterly negative growth since 2022, significantly below the expected growth of 0.4% [3][11] - The market reacted sharply to the GDP data, with the Dow Jones dropping nearly 800 points and the Nasdaq falling close to 3% during early trading [3][5] - Following news of potential trade negotiations and tariff adjustments, the market began to recover, reducing most of the earlier losses [5] Group 2 - Major companies like AMD saw significant stock declines, with Supermicro Computer dropping over 11% due to disappointing earnings forecasts [6] - Among the tech giants, Microsoft and Meta reported better-than-expected earnings, with Meta raising its capital expenditure guidance for the year, leading to stock price increases [8] - In contrast, Tesla and Amazon experienced stock declines, with Tesla down 3.4% and Amazon down 1.6% after initial larger drops [8] Group 3 - The U.S. Commerce Department indicated that the GDP decline was primarily due to a 36% surge in preemptive imports before the implementation of Trump's tariff policies, which expanded the trade deficit [11] - Consumer spending growth was weak at only 1.8%, the lowest since mid-2023, contributing to the economic slowdown [11] - Some economists warned that if current tariff policies remain unchanged, the U.S. economy could face stagnation, with a 90% probability of recession predicted by Apollo Global Management's chief economist [12] Group 4 - Trump quickly attributed the economic downturn to his predecessor, claiming it was "Biden's stock market" and asserting that the economy is merely in a transitional phase [14][15] - Criticism arose regarding Trump's economic policies, with some analysts noting that the stock market and dollar performance during his term has been the worst since 1980 [16] - Retail giants like Walmart and Target have begun to absorb tariff costs, indicating a shift in strategy due to supply chain disruptions caused by the tariff war [19][20]

2025年04月24日，红旗连锁2024年度业绩网上说明会在全景网顺利举行。出席本次业绩说明会的人员有 董事、总经理曹世如、董事长袁继国、财务负责人李欢、独立董事谭洪涛。 根据全景数据后台统计，在今天的交流过程中，来自全国多个省、市地区的投资者共向上市公司提问42 个，公司嘉宾共回答问题42个，答复率100.00%，充分实现了上市公司与投资者的良好互动。 1、问：领导，您好！我来自四川大决策请问：公司在数字化转型方面进展如何，AI 技术应用的实际落 地情况怎么样？【征集问题】 回答：红旗连锁一直以来都重视信息化的建设，公司的经营和管理都充分运用数字化，在红旗连锁不存 在转型，只存在提档升级。AI技术应用在正常的进行中，请多多关注公司公告。 2、问：您好 请问一季度业绩下滑的原因？【征集问题】 回答：今年的2月为传统春节销售旺季，受气候影响，客单价有所下降；3月连续数日又冷又下雨，也在 一定程度上影响销售；此外，去年调整了部分门店，收入也受到一定影响。但是，公司单店收入整体是 上涨的，同时公司的降本增效等工作很见成效，经营利润不降反增。 3、问：请问管理层在2025年及未来几年是否有新的业务拓展计划？如何确保战 ...

作 者丨 崔文静 实习生 张长荣 编 辑丨姜诗蔷 黎雨桐 4月8日，A股指数尾盘集体走强，主要股指集体飘红。 截至收盘，沪指报3 1 4 5 . 5 5点，涨1 . 5 8%； 深成指报9 4 2 4 . 6 8点，涨0 . 6 4%； 创指报 1 8 4 0 . 3 1点，涨 1 . 8 3%。 | 上证指数 深证成指 | 北证50 | | --- | --- | | 3145.55 9424.68 +48.97 +1.58% +60.18 +0.64% +50.32 +4.82% | 1094.39 | | 科创50 创业板指 | 万得全A | | 940.09 1840.31 +15.92 +1.72% +33.11 +1.83% +46.30 +1.00% | 4674.54 | | 沪深300 中证500 | 中证A500 | | 3650.76 5326.91 +61.32 +1.71% +39.88 +0.75% +60.22 +1.43% | 4259.31 | 沪深两市成交额超1 . 6万亿元，全市场超3 2 0 0只个股上账。 板块方面，农业股持续爆发，秋乐种业、华绿生物、雪榕生物等集体涨 ...

聚集源头工厂的 1688 因低价吸引消费者。2023 年 11 月，阿里将 1688 列为四大 "战略级创新业务" 之一，并称其将以 3 - 5 年为周期持续投入。2024 年，1688 活跃买家数同比增长 55%。截至 2025 年 2 月，1688 年度活跃买家数（AAC）超过 1 亿。 巴菲特增持 5 家日本商社股票，4 家持股比例超过 9%。 巴菲特的公司伯克希尔·哈撒韦 3 月 17 日的财务文件显示，公司已增持 5 家日本商社（三井物产、 三菱商事、住友商事、伊藤忠商事和丸红）股票，在其中四家持股比例超过 9%。公司曾说，自己 持有的日本股票总价值 "远超伯克希尔持有的美国以外任何其他国家的股票总价值"，并计划 "长 期" 持有，比例可能高达 9.9%，但需要董事会特别批准。巴菲特今年 2 月在致股东信中说到，五 大商社同意对伯克希尔 "适度放宽" 持股比例 10% 以下的限制。 松绑 "仅退款" 的平台又多一家。阿里旗下 B2B 电商平台 1688 将于 3 月下旬取消仅退款政策。 此前，买家因质量问题发起仅退款申请后，平台会介入，进行退款，无需商家同意。仅退款政策取 消后，再发生类似情况，平台 ...

解决销售难题，传播管理智慧 快来关注我吧！ 销售 观点 必看 案例 职场 TO 今日热点 9200万岗位将消失！未来10年就业大变局，这些行业首当其冲 据世界经济论坛《2025年未来就业报告》，到2035年，全球将新增1.7亿个岗位，但同时也会有9200万个岗位消失。这场"一增一减"的背后，是技 术、绿色转型和人口结构变化的推动，也预示着行业的洗牌与重塑。 减员最多的岗位，多集中在易于实现自动化的行业。收银员和票务员、行政助理等岗位因自动化技术而需求减少。清洁工、库存管理员和会计等 职位也面临数字化转型的挑战。银行出纳员、数据录入员和客户服务人员等岗位的减少，进一步凸显了金融服务自动化的趋势。 增加最多的岗位，则涵盖农业、物流、科技和护理等多个领域。农场劳动者和送货司机的需求预计将大幅增长，这与全球对食品供应和电商物流 的日益依赖密切相关。软件开发人员和建筑工人的岗位增加，反映了数字化转型和城市化进程的加速。护理专业人员的增长则与全球人口老龄化 趋势相呼应，显示出对医疗保健服务的迫切需求。 这些变化不仅预示着技术对传统工作模式的冲击，也提示劳动者需要适应新的技能要求，以应对未来的就业市场。 解读 ： 一个人从 ...

Core Viewpoint - The article discusses the potential negative impacts of President Trump's new tariffs on agricultural sectors and consumer prices in the U.S., highlighting warnings from various stakeholders about the economic consequences of these trade policies [1][2][7]. Group 1: Impact on Agriculture - The American agricultural organization warns that the new tariffs could significantly increase costs for farmers, particularly those growing corn and soybeans, leading to greater financial losses [2][3]. - The tariffs are expected to raise fertilizer costs for U.S. farmers, as approximately 85% of potash fertilizer is imported from Canada, compounding the financial strain on farmers already facing high costs [3]. - The U.S. agricultural export value for 2024 is projected to be $191 billion, with Canada, China, and Mexico being the top three destinations, accounting for nearly half of U.S. agricultural exports [2]. Group 2: Consumer Price Increases - Retail executives, including Target's CEO Brian Cornell, indicate that consumers may soon see price increases on agricultural products due to the tariffs on imports from Mexico [4][5]. - Walmart and Costco executives also warned that unless the tariffs are lifted, key consumer prices will rise, affecting essential goods [6]. - The National Retail Federation has urged the Trump administration to collaborate with Canada and Mexico instead of imposing tariffs, emphasizing that such measures harm American workers and businesses [5][6]. Group 3: Broader Economic Concerns - The tariffs have led to widespread opposition from various sectors, including businesses, economists, and investors, who fear the negative impact on prices and the overall economy [7]. - Concerns have been raised about the potential for increased construction costs due to tariffs on Canadian lumber, which could affect housing affordability [7]. - The European Union has criticized the U.S. tariffs, calling for a reconsideration of trade policies that could disrupt global trade and create unnecessary uncertainty [8].

"过去几十年，很多人把时代的赠予认为是自己的能力，未来要考验硬功夫。" 文丨高洪浩 编辑丨宋玮 钱杨 "回想这项投资，我有诸多感慨和遗憾。" "我就犯过这样的错误。" …… 从事 PE（私募股权）投资 30 年，孙强不避讳谈论自己的失败，这在一个赤裸裸以挣了多少钱论成败的行 业不多见。 进入中国以来，华平一直是这里最活跃的外资 PE 之一——对多个行业的超过 170 家企业累计投资超过 160 亿美元。相比之下，KKR 在中国投资企业数量只有 40 余家，累计投资额在 70 亿美元左右；凯雷的累 计投资额则在 100 亿美元上下。 1992 年底，在高盛任职的孙强从纽约搬往中国香港。当时，中国内地的金融改革正如火如荼，国有企业股 份制改造推动了一批即将赴港上市的企业，外资投行们无不虎视眈眈地盯着这块蛋糕。 10 多年前，孙强开始动笔把自己的职业生涯和投资经历记录下来，最近以《一个投资家的成败自述》为题 出版。他不愿意强调个人，不想把自己的名字写进标题，而是以自我检视的口吻回顾他主导和参与过的 PE 投资项目，剖析从失败中得到的经验和教训。 "张磊、沈南鹏等同行的故事比我有意思一百倍，我没他们那么成功，所以敢写 ...