Core Viewpoint - Meituan launched the "Anxin Study" program in Wuhan to enhance consumer confidence in prepaid education services by offering flexible payment options and refund guarantees [6][8][10] Group 1: Program Overview - The "Anxin Study" initiative allows consumers to purchase short-term course packages with a pay-per-class model, ensuring funds are held in a regulated account until services are rendered [6][9] - Over 20,000 educational institutions across more than 200 cities have joined the "Anxin Study" program, offering over 40,000 courses [8] Group 2: Consumer Protection Measures - The program addresses issues of prepaid consumption disputes, which have been prevalent in the education sector, by implementing a transparent and controllable payment system [9] - Refund policies are in place for consumers if institutions fail to deliver services or if they are dissatisfied after partial use [6][9] Group 3: Institutional Support - Meituan provides various support measures for participating educational institutions, including resource assistance, commission discounts, and marketing support to help reduce customer acquisition costs [7][8] - The initiative aligns with local government efforts to enhance the safety of prepaid funds in the education sector, contributing to a broader regulatory framework [8][10] Group 4: Market Impact - The "Anxin Study" program is expected to serve as a model for prepaid consumption safety across various industries, including fitness and beauty, by establishing a replicable framework for consumer protection [8][10] - The program has already shown positive results for participating institutions, with significant increases in customer inquiries and conversion rates [9]

Group 1 - The Central Cyberspace Administration of China has issued a notice to strengthen the crackdown on the "open box" issue, requiring major platforms like Tencent and Douyin to take responsibility and adopt a zero-tolerance approach [1] - The notice emphasizes the need to block the dissemination of "open box" information, improve early warning mechanisms, increase punitive measures, optimize protective measures, and enhance public awareness [1] - The "open box" behavior is described as a severe violation of personal privacy and a disruption to online order, which has crossed legal boundaries [1] Group 2 - SF Express has formed a strategic alliance with Shanghai Disney Resort, becoming the official logistics and express service partner for the resort [2] - The partnership will allow visitors to easily send items purchased at designated stores within the resort through a dedicated mini-program developed by SF Express, enhancing the visitor experience and potentially stimulating consumption [2] - The collaboration is expected to significantly increase SF Express's business volume due to the large visitor flow and surrounding merchandise sales at Disney [2] Group 3 - Liu Genghong and his wife have launched a new clothing brand, VIVICYCLE, focusing on light sports apparel aimed at Generation Z and women over 25 [3] - The brand plans to expand to 100 stores nationwide by the end of 2026, with a product line that includes yoga wear, dance outfits, and outdoor sports gear, priced between 99 to 399 yuan [3] - The brand's success will depend on overcoming challenges in product innovation, supply chain management, and store operations in a highly competitive sportswear market [3] Group 4 - Actor Zhang Han is facing a lawsuit related to unpaid capital contributions in a restaurant venture, with a court hearing scheduled for July 28 [4] - The restaurant company, established in January 2021 with a registered capital of 10 million yuan, has faced multiple bankruptcy auction listings and has been included in the list of companies with operational anomalies [4] - If the court finds Zhang Han at fault for capital contribution issues, he may face obligations to repay contributions and potential joint liability, which could damage his commercial reputation [4]

Group 1: Platform Charging Behavior Regulation - The State Administration for Market Regulation issued a guideline to standardize platform charging behaviors, emphasizing principles such as reducing burdens on operators and enhancing compliance [1][2] - The guideline identifies eight unreasonable charging practices, including double charging and charging without providing services [1] - The guideline aims to address issues of opaque charging methods and excessive fees reported by merchants on platforms [1] Group 2: Real Estate Market Trends - In 20 major cities, the proportion of residential transactions for properties over 120 square meters has increased, indicating a release of improvement-driven demand [3] - In Beijing, the transaction share of properties priced over 10 million yuan rose to 24.9%, an increase of 8.7 percentage points compared to the previous year [3] - The real estate market is still adjusting, with policies aimed at stabilizing the market attracting first-time buyers, although the impact may diminish over time [4] Group 3: Robotics and AI Developments - The world's first humanoid robot fighting competition took place, showcasing advancements in robotic capabilities, although the robots were still controlled by humans [5][6] - The commercial viability of robots remains limited due to high costs and a lack of autonomy compared to traditional industrial robots [6] Group 4: Wanda Group's Asset Sale - Wanda Group is selling 48 Wanda Plaza locations for 50 billion yuan, with the deal led by PAG and supported by various investors [7][8] - The sale reflects Wanda's ongoing struggle with debt, as the company has been divesting assets since 2017 to maintain cash flow [8] Group 5: Nvidia's New AI Chip for China - Nvidia plans to launch a new AI chip for China, priced significantly lower than its restricted H20 model, with production expected to start in June [9][10] - Despite losing market share in China, Nvidia still sees the country as a significant market, accounting for 13% of its sales in the last fiscal year [9] Group 6: Proposed US-Japan Sovereign Wealth Fund - Masayoshi Son proposed a joint US-Japan sovereign wealth fund aimed at large-scale investments in technology and infrastructure [11][12] - The fund could potentially raise up to 300 billion dollars, but faces legal and operational challenges [11][12] Group 7: Long-term Government Bonds Issuance - The Ministry of Finance issued a 50-year special government bond with a yield of 2.1%, higher than market expectations [13][14] - The increase in bond issuance reflects a tightening of the medium to long-term funding environment, leading to a decrease in demand for government bonds [14] Group 8: Stock Market Performance - The stock market experienced fluctuations, with the Shanghai Composite Index closing down 0.05% and a total trading volume of 1.01 trillion yuan [15][16] - Market sentiment is mixed, with various sectors showing volatility and a potential shift towards a more rational trading environment [16]

"我们的工作安排、劳动纪律、劳动报酬都很灵活，可能在权益保障方面埋下一些隐患，遇到问题 该怎么维权呢？"一名新就业群体代表提出了工作中的担忧。 检察官耐心解答："给大家说个'三字诀'：留证据、找调解、打官司，遇到维权困境可以申请检察 机关支持起诉。" "检察官讲的几个典型案例对我们很有启发，在用工规范问题上，我们要坚持依法办事，担起社会 责任。"叮咚买菜人力资源员工关系经理谭琦说。 除了讲案例、说法条，戴璇还投其所"需"，送上了"法治锦囊"。针对互联网平台企业，她建议规范 合同管理、建立合理的配送规则与激励机制、加强沟通与纠纷解决机制建设、加强数据安全与个人信息 保护。对于新业态从业者，她叮嘱一定要增强合同意识、重视证据留存、了解社会保险与商业保险。 近日，上海市浦东新区检察院与区委社会工作部联合在张江科学城"检察护航工作站"开展"检察护 航新业态发展"专题学习活动。活动现场，来了不少"两司两员一主播"（即货车司机、网约车司机、快 递员、网约配送员、网络主播）等新就业群体代表和互联网企业代表。 作为工作站的"法治顾问"，浦东新区检察院民事与行政检察部门检察官戴璇现场向新业态劳动者普 及民法典相关法律知识，重点 ...

Group 1 - The Guangdong Province launched the "Consumption Assistance Midsummer Action" and the product selection meeting on May 21, 2023, aiming to promote local agricultural and sideline products in the Greater Bay Area [1][3] - The event attracted over 200 quality enterprises from across the country, showcasing a range of selected specialty products, geographical indications, and food-medicine homologous products [1][3] - The initiative is supported by various government departments and aims to strengthen market-oriented operations to help rural areas expand their market reach for agricultural products and cultural tourism services [3][4] Group 2 - The "Consumption Assistance Midsummer Action" is part of a broader strategy to implement the "Special Action Plan for Boosting Consumption" by the central government, focusing on precise matching of supply and demand for agricultural products and cultural tourism services [4] - The Guangdong Consumption Assistance Alliance and the "Faraway Good Things" platform are collaborating to support rural revitalization through product support, live streaming sales, and brand building [4] - Since 2022, the platform has facilitated the participation of agricultural enterprises from supported regions in various exhibitions, helping products like birch juice from Yichun achieve cumulative sales exceeding 5 billion yuan by April 2023 [5]

Group 1 - The core viewpoint of the news is the launch of the "Internet + Bright Kitchen" initiative in Guangzhou, which aims to enhance food safety supervision in the takeout restaurant industry through digital means [1][2] - The initiative involves a collaboration between China Telecom Guangdong, Meituan, and the Guangzhou Market Supervision Administration to implement real-time monitoring and transparency in food preparation processes [1] - The new feature on the Meituan app allows consumers to view live kitchen operations, significantly increasing consumer trust and reducing complaint rates by 23%, while also boosting order volume by over 5% [1] Group 2 - The initiative represents a significant shift from traditional supervision to smart regulation, promoting a collaborative model of "government supervision + merchant self-discipline + platform empowerment + public oversight" [2] - The implementation of this system aims to transform "invisible kitchens" into "transparent kitchens," thereby ensuring food safety for the public [2]

Core Viewpoint - Guangdong Telecom and Meituan have launched a strategic cooperation to implement "Internet + Bright Kitchen" in Guangzhou, marking the first initiative of its kind in the country [1] Group 1: Implementation and Features - The "Internet + Bright Kitchen" initiative allows consumers to view the entire food preparation process in real-time through the Meituan app when ordering takeout [2] - The new feature on the Meituan app includes a "Bright Kitchen" module, enabling customers to watch live kitchen operations of participating merchants, enhancing transparency [2] - Following the implementation, consumer trust has increased significantly, with a 23% reduction in complaints and over 5% growth in order volume [2] Group 2: Support for Small and Medium Enterprises - Guangdong Telecom is adopting a "technology empowerment + incentive measures" dual approach to support small and medium-sized restaurants in operating the "Internet + Bright Kitchen" initiative with minimal burden [2] - The company has launched a mini-program called "Palm Bright Kitchen," which facilitates policy dissemination and compliance notifications for merchants [2] - AI technology is being utilized to assist merchants in management and kitchen supervision, improving operational efficiency [2] Group 3: Operational Standards and Support - Guangdong Telecom has established a dedicated operational center for "Internet + Bright Kitchen," providing unified customer service and standards [3] - The company has implemented intelligent operation and maintenance standards, ensuring proactive monitoring and quick response to any issues [3] - Meituan is offering various support measures for merchants, including subsidies and technical assistance, to facilitate seamless integration into the system [3] Group 4: Industry Collaboration and Consumer Engagement - The Guangzhou Food Safety Association has called for more enterprises to participate in enhancing food safety standards within the industry [4] - Consumers and the public are encouraged to engage in monitoring takeout services through the "Internet + Bright Kitchen" initiative, promoting compliance among food vendors [4] - This initiative aims to foster a collaborative governance model involving government oversight, merchant self-discipline, platform empowerment, and public supervision [3][4]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has implemented a new action plan to promote the high-quality development of public funds, linking fund manager compensation to long-term performance, which shifts the industry focus from "scale expansion" to "performance-oriented" strategies [1]. Group 1: Policy Impact - The new policy emphasizes the importance of fund managers' long-term performance, potentially leading to a transformation in the industry dynamics [1]. - Wang Guizhong, a prominent fund manager at Harvest Fund, has gained attention for his investment framework that focuses on "information, energy, and life," targeting key technology sectors such as semiconductors, digitalization, and new energy [1]. Group 2: Performance Metrics - As of Q1 2025, Wang Guizhong manages seven funds with a total scale of 11.076 billion yuan, with his flagship product, Harvest Technology Innovation, achieving a remarkable three-year return of 41.76%, significantly outperforming its benchmark by over 54% [1]. - The Harvest Technology Innovation fund has consistently ranked among the top in its category, with a five-year return of 92.56%, and has outperformed its benchmark by 99% over the same period [3]. Group 3: Investment Strategy - The top ten holdings of the Harvest Technology Innovation fund include major companies in semiconductors (SMIC, Jiangfeng Electronics), new energy vehicles (Li Auto, Leap Motor), and high-end manufacturing (Luxshare Precision), indicating a concentrated investment strategy in high-growth sectors [3][4]. - Wang Guizhong highlights the rapid advancements in China's technology sector and the potential for new investment opportunities, despite external pressures such as tariffs [5]. Group 4: Future Outlook - The new compensation structure linked to performance is expected to enhance Wang Guizhong's competitive edge, as his in-depth industry research and forward-looking investment approach align with the policy direction [5]. - The high volatility characteristic of the technology sector poses challenges for fund managers in balancing the pursuit of excess returns with growth in fund size, which will be a critical issue moving forward [5].

中国经济网北京5月9日讯 据同花顺iFinD数据显示，2025年4月份，中加基金旗下共有8只基金（各份额 分开计算，下同）跌幅超过7%。 跌幅最大的中加核心智造混合C单月下跌了10.27%。一季报显示，该基金前十大重仓股为科泰电源、恒 玄科技、泰豪科技、潍柴重机、雄韬股份、麦格米特、小米集团、比亚迪、兆威机电、步科股份。从其 重仓方向看，主要为芯片、信息装备、新能源、互联网平台领域。 而其余的中加新兴成长混合、中加转型动力混合、中加低碳经济六个月持有混合在一季度的前十大重仓 股与中加核心智造几乎完全一样，这也是导致这些基金遭遇同样大跌的原因。 中加基金4月份跌超7%基金一览 来源：同花顺 但最根本是，这些基金都由同一位基金经理管理，这就是张一然。资料显示，张一然2012年4月至2015 年9月就职于中信产业基金金融市场部，历任金融工程研究员、传媒研究员。2015年11月至2019年12月 就职于北京泓澄投资管理有限公司，任科技行业研究员、科技行业高级研究员。2020年6月加入中加基 金管理有限公司，2021年7月管理公募基金至今，累计管理年限不足4年。 这其中最惨就是中加低碳经济六个月持有混合，该基金成立于2 ...

而由朱辰喆管理的民生加银持续成长混合C、民生加银持续成长混合A、民生加银聚优精选混合则在4月 份分别下跌了12.06%、12.03%、10.98%。前者重仓腾讯控股、阿里巴巴、立讯精密、蓝思科技、珠海 冠宇、华勤技术、共达电声、东山精密、舜宇光学科技、中芯国际。后者重仓珠海冠宇、华勤技术、腾 讯控股、阿里巴巴、丘钛科技、东山精密、共达电声、中芯国际、华虹半导体、舜宇光学科技。从重仓 股看，均集中在互联网平台、消费电子领域。 朱辰喆自2015年4月至2016年6月在民生证券股份有限公司任电子行业分析师，2016年6月加入民生加银 基金管理有限公司，曾任行业研究员、基金经理助理，2021年12月15日起担任基金经理。 民生加银基金4月份跌超10%基金一览 | 来源：同花顺 | | --- | 民生加银研究精选混合以-14.14%的表现成为该公司旗下4月份跌幅最大的基金。一季报显示，其前十大 重仓股为海信视像、美的集团、比亚迪、格力电器、立讯精密、东山精密、宇通客车、宁德时代、海信 家电、海尔智家。 资料显示，该基金由9年老将蔡晓管理，其2004年7月至2006年8月在中信建投证券股份有限公司(前身为 华夏证券股份 ...