Group 1 - The establishment of Luzhou Xiyuan Fuhui Equity Investment Partnership (Limited Partnership) has been confirmed, with a capital contribution of 260 million RMB [1] - The executive partner is Beijing Sanxi Private Fund Management Co., Ltd., and the business scope includes investment activities using self-owned funds, private equity investment, investment management, and asset management [1] - The partnership is jointly funded by Sichuan Yuanjingda Food Co., Ltd., a subsidiary of Luzhou Laojiao Group, Shandong Xiaomai Industrial Investment Group Co., Ltd., and Luzhou Huixing Investment Group Co., Ltd. [1]

Core Insights - The article discusses the perspective of a retired income investor focused on generating passive income through high-yield securities to supplement retirement income [1] Group 1: Investment Strategy - The investor seeks primarily dividend-paying stocks and funds, including Business Development Companies (BDCs), Real Estate Investment Trusts (REITs), Closed-End Funds (CEFs), and Exchange-Traded Funds (ETFs) to enhance retirement income beyond pension and Social Security [1] - The investor emphasizes the importance of conducting thorough research and making informed long-term investment decisions, especially after experiencing minimal losses during the Great Recession [1] Group 2: Market Psychology - The article highlights the investor's interest in the psychological aspects of market behavior, indicating that understanding human psychology is as crucial as financial analysis in investment decisions [1]

Core Points - Elixxer Ltd. has settled $5,528,670.19 of debt by issuing 67,014,183 common shares at a price of $0.0825 per share, subject to a four-month hold period and final acceptance by the TSX Venture Exchange [1] - The debt settlement involves related party transactions, with an insider receiving 62,165,699 common shares, and the company is relying on exemptions from certain requirements due to financial difficulties [2] - The board of directors, excluding two members, approved the debt settlement without establishing a special committee or expressing any contrary views [3] Shareholding Changes - Prior to the debt settlement, AIP Convertible Private Debt Fund held 3,633,391 common shares, representing approximately 32.04% of the issued shares on an undiluted basis [4] - After the settlement, AIP's holdings increased to 65,799,090 common shares, representing approximately 83.98% of the issued shares on an undiluted basis [4] Company Overview - Elixxer Ltd. is a Canadian public company listed on the TSX Venture Exchange and the US OTC-Pink exchange, focusing on investments in Canada and other countries, and seeking new high-growth opportunities [5]

Core Viewpoint - President Trump's proposal to eliminate quarterly earnings reports in favor of semiannual reporting aims to reduce costs for public companies and allow executives to focus on long-term goals rather than short-term metrics [1][2][3]. Group 1: Impact on Public Companies - The number of publicly listed companies in the U.S. has decreased from over 7,000 in 1996 to less than 4,000 in 2020, indicating a trend towards private ownership partly due to the burdens of quarterly reporting [2]. - Companies in the U.K. and European Union report semiannually but can opt for quarterly reports, suggesting a flexible approach to financial reporting [4]. Group 2: Investor Perspectives - Some investors argue that quarterly earnings reports enhance transparency and protect their interests, with the Council of Institutional Investors (CII) expressing concerns that a lack of quarterly reporting may not sufficiently safeguard investors [4]. - Foreign companies listed in the U.S. under the foreign private issuer scheme, such as Arm and Spotify, are exempt from quarterly reporting but some choose to report quarterly voluntarily, highlighting a divergence in reporting practices [5].

Government Debt Management - The National People's Congress suggests optimizing the structure of central and local government bonds, including general and special bonds, to support development while controlling risks [1] - The State Council proposes to establish a long-term regulatory mechanism for local government debt and to delegate some project review authority for special bonds [3] Debt Statistics - By the end of 2024, the national government legal debt ratio is projected to be 60.9%, with a total debt balance of 82.1 trillion yuan, leading to an adjusted debt ratio of 68.7% when including local government hidden debts [4] Bond Issuance - The Ministry of Finance plans to issue 500 billion yuan in discount treasury bonds, with competitive bidding scheduled for September 17, 2025 [6] - Henan Province has completed the issuance of 383.15 billion yuan in government bonds, with various maturities and purposes [8] - Zhejiang Province intends to issue 108.54 billion yuan in new special bonds, primarily for government investment fund projects [12] Financing Trends - In the first seven months of the year, enterprises in Henan raised 119.2 billion yuan through domestic capital markets, marking a 12.8% year-on-year increase [10] - There is a growing trend of local banks participating in the issuance of technology innovation bonds, with 50 bonds issued totaling over 260 billion yuan [21] Market Dynamics - The early redemption of urban investment bonds increased slightly in August, with a total of 1.56 trillion yuan of urban investment bonds maturing or being subject to redemption within the year [26]

Core Insights - ArrowMark Financial Corp. appointed Ms. Melissa Marano Thompson as a Class II Director to fill a vacancy on the Board, serving until the 2027 annual meeting of shareholders [1] - Ms. Marano Thompson will also serve on the Audit Committee and Nominating and Governance Committee, meeting the requirements for audit committee service as per Nasdaq Listing Rules [1] - The Board now has three independent members on the audit committee, complying with Nasdaq regulations [1] Company Overview - ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX" [3] - The primary investment objective of the Fund is to provide stockholders with current income and, to a lesser extent, capital appreciation, primarily through investments in regulatory capital securities of financial institutions [3] - The Fund is managed by ArrowMark Asset Management, LLC [3] Director Background - Ms. Marano Thompson has over 30 years of experience in leveraged finance and private equity, and has been a financial consultant since 2013 [2] - She has held significant positions including portfolio manager at Ivy Hill Asset Management and Senior Vice President and Chief Risk Officer at First Light Financial Corporation [2] - Previously, she managed approximately $4.5 billion in assets at GSO Capital Partners and has experience with RBC Capital and Credit Agricole Indosuez [2]

Core Viewpoint - Carlyle, a global investment firm, announced its intention to offer senior notes, which will be guaranteed by its indirect subsidiaries, with proceeds intended for general corporate purposes [1][5]. Group 1: Offering Details - The offering of senior notes is subject to market and other conditions [1]. - The offering is being managed by Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC as joint book-running managers [2]. - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [3]. Group 2: Company Overview - Carlyle manages $465 billion in assets as of June 30, 2025, and operates across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest [5]. - The firm employs over 2,300 people in 27 offices worldwide [5].

Group 1 - The establishment of Luzhou Xiyuan Fuhui Equity Investment Partnership (Limited Partnership) with a capital contribution of 260 million yuan [1] - The business scope includes investment activities with self-owned funds, private equity fund equity investment, investment management, and asset management [1] - The enterprise is co-funded by Sichuan Yuanjingda Food Co., Ltd., a wholly-owned subsidiary of Luzhou Laojiao Group Co., Ltd. [1]

（来源：吴说） 来源：市场资讯 美国参议院以 48 票对 47 票 微弱优势确认"加密友好派" Stephen Miran 出任美联储理事会成员，其任期 至 2026 年 1 月 31 日。Miran 曾任投资公司 Hudson Bay 高级策略师，该公司曾交易 FTX 破产债权，他 亦曾呼吁简化加密监管。此次确认进程加速，确保其能在美联储周二的利率会议前到任。（The Block） ...

Core Viewpoint - OFS Credit Company, Inc. has announced an estimated net asset value (NAV) per share of its common stock for August 31, 2025, ranging between $5.81 and $5.91 [1] Company Summary - OFS Credit Company primarily invests in collateralized loan obligation (CLO) equity and debt securities [1] - The NAV estimate provided is unaudited and does not represent a comprehensive statement of the company's financial position [1]