21世纪经济报道新质生产力研究院综合报道 早上好，新的一天又开始了。在过去的24小时内，科技行业发生了哪些有意思的事情？来跟21tech一起 看看吧。 【巨头风向标】 苹果2025财年第三财季业绩强劲，库克：部分归功于中国"国补"的帮助 美东时间7月31日美股盘后，苹果公布2025财年第三财季财务数据，总营业收入940.4亿美元，同比增长 10%，创2021年12月以来最大季度增幅；净利润234.3亿美元，同比增长9%。苹果在此季度迎来历史性 里程碑，累计销量突破30亿部iPhone。库克表示，中国市场收入好转（大中华区收入153.7亿美元，同 比增长4.4%）部分归功于中国政府对部分设备的补贴政策，并强调苹果正"大幅增加"AI投资。 硅基智能疑似回应全员裁员争议：目前有稳定的产研与销售团队 8月3日消息，针对近日网传"全员裁员"的消息，硅基智能发布声明称，2025年将重点布局杭州、嘉兴、 香港、新加坡等地，预计全年新增岗位数百个，2026年将达到新增数千人的扩张节奏，疑似辟谣该传 闻。根据网传截图，硅基智能创始人司马华鹏此前在工作群内@所有人并表示："各位，昨天我去看研 发，只有徐超一个人在加班，公司今天已 ...

Group 1 - Warren Buffett announced his retirement at the Berkshire Hathaway shareholder meeting in May, with Greg Abel set to become CEO on January 1 next year [2] - Following the retirement announcement, Berkshire Hathaway's stock price has been on a downward trend, with a cumulative decline of nearly 15% since its peak in early May [2] - Berkshire Hathaway's cash reserves remain high at $344.1 billion, despite a slight decrease in the latest financial report, indicating a cautious investment strategy amid concerns over high market valuations [2] Group 2 - In contrast to the overall market performance, Berkshire Hathaway's stock rose over 17% in the first quarter, but it has underperformed in the subsequent quarters as the market began to recover [3] - The company's net profit significantly dropped by 59% in the second quarter, largely due to substantial write-downs related to Kraft Heinz, and there has been no stock buyback plan during the stock price decline [3] - The lack of stock buybacks may be attributed to the stock not being undervalued enough and the introduction of a 1% stock buyback tax under the Inflation Reduction Act, which increases the cost of buybacks [3] Group 3 - Despite the less favorable performance in the second and third quarters, Berkshire Hathaway remains one of the best-performing public companies globally [4] - The transition from Buffett's era to Greg Abel's leadership is anticipated, with limited market knowledge about Abel's management and investment capabilities [4] - There is optimism that Abel, having been rigorously selected by Buffett, will continue the investment legacy established by Buffett [4]

美国就业数据意外"崩盘"。 今晚，美国劳工统计局发布的数据显示，美国7月新增非农就业人数骤降至7.3万人，大幅低于预期的10.4万人，为去年10月以 来最小增幅。有分析称，美国劳动力市场出现"急速刹车"，或引发新一轮衰退担忧。 就业数据公布后，美国利率期货显示美联储下次会议降息的可能性大幅上升。 受此影响，美元指数直线跳水，大跌超1%。美股开盘后，三大指数全线大跌，截至北京时间22:15，纳指大跌超2%，标普500 指数跌1.56%，道指跌1.41%。欧洲股市亦集体重挫，法国CAC40指数大跌近3%，德国DAX指数、欧洲斯托克50指数、意大利 富时MIB指数大跌超2%，英国富时100指数跌超1%。另外，VIX恐慌指数大幅飙涨超22%。 与此同时，美国总统特朗普再次批评美联储主席鲍威尔，并再次呼吁降息。他点评称："太少，太晚。美联储主席鲍威尔'太迟 先生'是个灾难。降息！" 美国就业数据崩了 北京时间8月1日晚间，美国劳工统计局发布了 7月非农就业报告 ，其中显示，美国7月非农就业人数增加7.3万人，大幅低于预 期的10.4万人，为去年10月以来最小增幅，前值为增加14.7万人。 报告显示，美国7月失业率回升至 ...

Group 1 - The company, Kingyung Investment (01328), announced the acquisition of 315,000 shares of Saint Bella (02508) at a total cost of approximately HKD 2.309 million, excluding transaction costs, at a price of HKD 7.3286 per share [1] - Between July 28, 2025, and August 1, 2025, Redwood, a wholly-owned subsidiary of the company, purchased a total of 1.83 million shares of Saint Bella for approximately HKD 13.823 million, at an average price of HKD 7.5536 per share [1] - Following these acquisitions, the group holds a total of 1.83 million shares of Saint Bella, representing about 0.29% of the total issued shares of Saint Bella as of the announcement date [1] Group 2 - The group primarily engages in providing investment management services and strategic direct investment [1] - The company maintains a positive outlook on Saint Bella's financial performance and future prospects, viewing it as a leading postpartum care and recovery group in China that also offers home care services and products catering to women's needs [1] - The investment in Saint Bella aligns with the group's investment criteria and serves the overall interests of the company and its shareholders [1]

Group 1 - The core announcement indicates that King Yong Investment (01328) plans to further acquire shares of Saint Bella (02508) through its wholly-owned subsidiary Redwood, with a total cost of approximately HKD 2.309 million, excluding transaction costs, for 315,000 shares at an average price of HKD 7.3286 per share [1] - Between July 28, 2025, and August 1, 2025, Redwood will acquire a total of 1.83 million shares of Saint Bella for approximately HKD 13.823 million, at an average price of HKD 7.5536 per share [1] - After these acquisitions, the group will hold a total of 1.83 million shares of Saint Bella, representing about 0.29% of the total issued shares of Saint Bella as of the announcement date [1] Group 2 - The group primarily engages in providing investment management services and strategic direct investment [1] - The group maintains a positive outlook on the financial performance and future prospects of Saint Bella, which is recognized as a leading postpartum care and recovery group in China, also offering home care services and food products catering to women's needs [1] - The investment in Saint Bella aligns with the group's investment criteria and serves the overall interests of the company and its shareholders [1]

Market Overview - The US dollar index experienced a significant rise this week, attributed to trade agreements with the EU, better-than-expected GDP data, and a hawkish interpretation of Fed Chair Powell's press conference, leading to a reduction in interest rate cut expectations for the year [1] - As of Thursday, the dollar index had risen for six consecutive trading days, surpassing the 100 mark and reaching a new high since late May. However, Friday's weaker-than-expected non-farm payroll data caused the dollar to drop back below 99, falling over 100 points [1] - Spot gold faced pressure due to the strong dollar, with prices dropping below $3,270, marking the largest single-day decline in over a month. Following the non-farm data release, gold rebounded, rising $40 to above $3,340 per ounce [1] - Non-US currencies struggled against the strong dollar, with the British pound, Australian dollar, and euro all recording consecutive declines [1] - International oil prices are expected to rise for the first time in three weeks, driven by Trump's ultimatum regarding the Russia-Ukraine ceasefire and signs of easing global trade tensions [1] Investment Bank Insights - UBS suggests that the current strength of the dollar may be temporary. Deutsche Bank analysts indicate that if the Fed leans towards rate cuts in the short term, the dollar could decline [4] - Barclays believes the risk leans towards the Fed delaying rate cuts, while Societe Generale points out that four key upcoming data releases will reshape the Fed's rate cut expectations for September [4] - Goldman Sachs anticipates that the Fed may restart its easing cycle in the fall, while Jefferies notes that the Fed intends to cut rates but requires a slowdown in employment data to proceed [4] Economic Data Highlights - The US GDP for Q2 showed an annualized growth rate of 3%, rebounding significantly from 0.5% in Q1, primarily due to a 5 percentage point contribution from net exports [9] - However, consumer spending grew only 1.4%, the slowest since the pandemic, and business investment showed a marked slowdown [9] - The core and overall PCE price indices for June exceeded market expectations, driven by rising commodity prices, indicating that some import tariffs are being passed on to consumers [11] - The July non-farm payroll report showed an increase of only 73,000 jobs, the smallest gain since October of the previous year, with the unemployment rate rising to 4.2% [11] Trade and Tariff Developments - Trump announced new tariffs ranging from 10% to 41% on several countries, with specific rates based on trade balances with the US [13] - A trade agreement was reached between the US and the EU, with the EU agreeing to invest $600 billion in the US and purchase $750 billion in US energy products [14] - Following the agreement, France criticized the deal as unbalanced, while Germany viewed it as a means to avoid escalating trade wars [14] Corporate Developments - Bridgewater founder Ray Dalio has completed his exit from the company, with the Brunei sovereign wealth fund becoming a significant new shareholder [24] - Nvidia responded to concerns regarding security vulnerabilities in its chips, asserting that there are no backdoors or remote access capabilities in its products [21]

委员会的其他成员包括：香港交易所前主席史美伦、春华资本集团董事长胡祖六、北京大学国家发展研 究院院长及数字金融研究中心主任黄益平、现任国家科技成果转化引导基金理事长及招商银行前行长兼 首席执行官马蔚华、TPG中国的合伙人兼董事长孙强、香港交易所主席唐家成以及香港交易所集团行政 总裁陈翊庭。 中国业务咨询委员会成立于2021年，成员包括深谙中国市场的资深业界专家，担任香港交易所董事会的 顾问，张勇加入后，委员会成员将增至九名。香港交易所非执行董事及中信资本控股有限公司董事长兼 首席执行官张㦤宸担任委员会主席。 【#前阿里巴巴CEO张勇履新#，#前阿里CEO张勇加盟港交所#】8月1日，香港交易所公告显示，晨壹基 金管理合伙人、前阿里巴巴集团董事会主席兼首席执行官张勇获委任为香港交易所旗下中国业务咨询委 员会的最新成员。 ...

Core Viewpoint - The Federal Reserve's expectations for a rate cut in September have significantly diminished following Chairman Powell's hawkish remarks, with the likelihood of a rate cut now around 40% for September and 80% for October [1][2]. Group 1: Federal Reserve's Rate Decision - The Federal Reserve maintained the federal funds rate target range at 4.25% to 4.50%, marking the fifth consecutive decision to keep rates unchanged this year [1]. - For the first time in over 30 years, two Federal Reserve governors voted against the rate decision, advocating for a 25 basis point cut [1]. - Powell indicated that it is premature to assert whether the Fed will cut rates in September, emphasizing the need for more economic data before making a decision [1][2]. Group 2: Economic Indicators and Labor Market - The U.S. economy showed signs of slowing growth, with the Fed downgrading its previous assessment of "steady growth" and acknowledging increased downside risks to employment goals [2][3]. - The unemployment rate has recently dropped to 4.1%, but job growth in the private sector has significantly slowed, raising concerns about the labor market's stability [4]. - Job vacancies decreased from 7.71 million in May to 7.44 million in June, indicating a gradual cooling of the labor market [5]. Group 3: Inflation and Tariff Impact - The Fed's current stance is influenced by uncertainties surrounding tariff policies and their potential inflationary effects, with estimates suggesting tariffs could raise U.S. prices by 1.8%, equating to an average household income loss of approximately $2,400 [6]. - Powell stated that the Fed will remain flexible and closely monitor changes in tariff policies and inflation data as key factors in determining future monetary policy [6][8]. Group 4: Future Rate Cut Expectations - Market expectations for a rate cut have shifted, with some analysts predicting that the Fed may delay rate cuts until December, while others anticipate a more aggressive approach if tariff impacts are less severe than expected [7]. - The potential for a total rate cut of 50 to 75 basis points within the year is suggested, depending on the evolution of economic conditions and tariff negotiations [7]. Group 5: Central Bank Independence - Concerns regarding the independence of the Federal Reserve are rising, particularly with Powell's term nearing its end, which could lead to increased market uncertainty [8]. - Historical precedents indicate that central bank independence is crucial for maintaining price stability and market trust, especially in the face of political pressures [8].

Group 1 - The core point of the article is that Jiuding Investment announced the transfer of 100% equity of its wholly-owned subsidiary, Jiangxi Zixing Enterprise Management Co., Ltd., to another wholly-owned subsidiary, Jiangxi Zixing Commercial Development Co., Ltd. [1] - The change in the equity structure does not affect the controlling shareholder or the actual controller of the company, which remains Jiuding Group [1] - The equity structure change will not have a substantial impact on the company's daily operations and production activities [1]

Core Viewpoint - Blackstone reported a record high asset management scale of $1.2 trillion, reflecting a year-on-year growth of 13% and strong investment returns for limited partners [3][8][10]. Fundraising Performance - In the past twelve months, Blackstone achieved a net inflow of $212 billion, with $52 billion coming from limited partners in Q2 2025, indicating robust fundraising performance [6]. - The private wealth segment has grown to nearly $280 billion, with a 30% year-on-year increase in fundraising to $10 billion in Q2 [6]. Asset Management Growth - Blackstone's credit business has tripled in size over the past five years to $48.4 billion, while assets managed for insurance companies exceeded $250 billion, growing by 20% year-on-year [8]. - The management fees and advisory fees netted $2.02 billion in Q2, a 13% increase compared to the previous year [8]. Investment Activity - Blackstone invested $33 billion in Q2, focusing on long-term trends in sectors such as digital and energy infrastructure, digital commerce, private credit, life sciences, and the Indian market [8]. - Over the past twelve months, Blackstone's total investment reached $145 billion, marking one of the most active investment periods in its history [8]. Future Outlook - Blackstone's leadership believes the current environment presents a window of investment opportunities, with a resurgence in M&A and IPO activities anticipated due to lower short-term interest rates and reduced uncertainty [9][13]. - The company has the largest IPO project pipeline since 2021, with confidence in future growth driven by strong growth engines [14].