京东集团高级副总裁、政企业务总裁王培暖表示，面对新的市场变化，京东政企业务将以数智供应链建设为核心，持续完善京东多元优品供应、数智化采购 平台、全场景服务、全国物流履约、全链路合规治理于一体的综合服务体系，在产品研发、新技术应用、中小企业市场拓展、市场营销资源输入等方面，为 品牌商提供精准助力和增长保障，努力成为全球最值得信赖的采购综合解决方案提供商，做数智采购供应链的长期价值伙伴。 为帮助品牌商拓展政企市场提供加速平台，大会成立"十亿品牌联盟俱乐部"，华为、联想、美的、惠普、得力、金龙鱼（300999）、海尔、福临门、戴尔、 格力等一批知名品牌企业成为首批成员。同时，京东积极响应国家号召，联合品牌商发起"阳光采购"行动倡议，倡导诚信经营、保障正品、严守法规、阳光 交易，树立行业合规新标杆。 京东集团SEC副主席、京东集团 CEO 许冉在现场表示，政企采购市场正经历深刻变革，京东始终坚持"体验、成本、效率"的经营理念，通过"业采融合"助 力合作伙伴降低运营成本、提升业务效率，为客户提供更多确定性，创造更多价值，一起互利共赢，让合作成果惠及每一位伙伴。京东集团将从战略、资 源、技术等多个维度，为政企业务的快速发 ...

点击 上图 ▲立即报 名 文 / 卓立（微信公众号：吴晓波频道） 当国内市场渐趋饱和，增长曲线悄然平缓，无数中国企业将目光投向蔚蓝的远方。从东南亚热闹的电商市场到非洲蓬勃发展 的移动支付，从欧洲高端的智能设备到拉美急迫的基础设施需求，中国企业的出海航迹已遍布全球。 这并非一时风尚，而是全球化背景下企业追求增长的必然战略选择——为增长而出海，正成为这个时代中国企业最鲜明的商 业叙事。 这些年，我们带领了上千位企业家进行海外考察，举办了数场千人级别的 出海峰会，访谈了上百位出海领域的专家、企业家 和创业者， 总结了以下五点原因，解释了中国企业为何要跟全球要市场、向外寻找新增长。 对冲关税影响 今年4月3日，美国向外宣布了迄今为止最广泛的关税政策，包括欧盟、中国、英国和印度在内、全球超过100个贸易伙伴征 收对等关税。 名义上的对等关税，实际上的增加关税。这一天，被特朗普成为"解放日"， 对中国而言，这一举措的影响可以用一张数据图来说明。 今年1-7月，中国对美出口份额下降2.8%，下降的部分被亚洲和非洲的国家所承接，其中，东盟承接的比例最多，中国对其 出口份额增加了1.3%。 中国企业将东盟视为躲避关税的重要一环 ...

Market Overview - On September 17, A-shares saw all three major indices rise, with the ChiNext Index increasing by nearly 2% and total trading volume in the Shanghai and Shenzhen markets reaching 24,029.24 billion yuan, an increase of over 35 billion yuan compared to the previous trading day [1] - More than 2,500 stocks closed higher, with 80 stocks hitting the daily limit up [1] - Key sectors that performed well included photolithography machines, copper cable high-speed connections, and flexible screens, while sectors such as duty-free shops and prepared dishes saw declines [1] Shareholder Dynamics - According to statistics, 733 companies reported their latest shareholder numbers as of September 10, with 103 stocks experiencing a continuous decline in shareholder numbers for more than three periods, with the most significant drop being 12 periods [2] - ST Huawen had the highest reduction in shareholder numbers, down 14.42% to 63,064, while *ST Jinglun saw a 36.88% decrease to 39,050 [2][3] - Notable companies with significant recent declines in shareholder numbers include Beifang Changlong, Hubei Broadcasting, and Pioneer Electronics, with reductions of 16.91%, 10.31%, and 10% respectively [3] Institutional Activity - In the latest trading session, 11 stocks were net bought by institutions, with Haoen Qidian and Weilan Lithium Chip each seeing net purchases exceeding 90 million yuan [4][5] - Conversely, Tianji Co. faced the highest net sell-off by institutions, amounting to 113 million yuan, followed by Baoxiniang and Bangji Technology, both exceeding 10 million yuan in net sales [4][6] Notable Announcements - Pinming Technology announced a stock suspension due to a major matter that may lead to a change in control [7] - Tianpu Co. completed its stock trading suspension review and will resume trading [7] - Pingzhi Information has pre-awarded a project for artificial intelligence computing power services worth approximately 170 million yuan [7] - Heng Rui Pharmaceutical's HRS-5635 injection has been included in the list of proposed breakthrough treatment varieties [8] - Maiwei Bio-U signed an exclusive licensing agreement with Kalexo, potentially receiving up to 1 billion USD in upfront and milestone payments [9]

1、恆指：至少27000，尾盤補牛仔過夜，收回價26100點，看淡投資者則認為牛證太多向下殺，將即市食完牛，轉熊證過夜了 Simon:指數高見26601點，不過最終收在26438點，高開低走，投資者有些失望。 技術信號總結為"賣出"，支持位在25860點和25385點。上方的阻力位在 26642點和27600點。 恆指 (HSI) 信號總結 賣出信號 買入信號 中立信號 賣品 7 5 9 国商ঙ্গ 恆指(HSI)衍生品回顧 2、攜程集團-S (09961.HK)： 競價抽高了，是否說明還有上升空間？ Simon:過去兩周，攜程的股價穩步上升，今日升幅有4.09%，報597.5元。短線技術信號為"賣出"，稍微偏淡一些。支持位在561元和520元。不過走勢上，仍 有一些水位上升，參考數據系統分析的阻力位在613元。 攜程 (09961) | 信號總結 | 賣出信號 中立信號 | 買入信號 | | --- | --- | --- | | 틀出 | O | | 攜程(09961)衍生品回顧 31% 29% 24% 3.46% 3.46% 3.46% 信證認購證 瑞銀牛證 摩通牛證 17796 54461 53690 ...

Group 1: Market Performance and Stock Analysis - The discussion focuses on "dead money stocks" which have shown limited performance year-to-date, although some may have gains over a longer horizon, with KKR cited as an example [1] - Companies mentioned, such as Eli Lilly, are facing growth issues due to increased competition in their respective markets [2] - Concerns regarding Lockheed Martin include uncertainty about future US defense spending and competition from European military producers, as evidenced by Denmark's recent decision to purchase from a European company instead of RTX [3] - A lack of earnings growth and sustainable momentum has led to a stagnant situation for certain stocks [4] Group 2: Turnaround Opportunities - Some companies, like Nike, are in a turnaround phase, presenting potential investment opportunities despite being categorized as "dead money" [4][5] - The preference is expressed for identifying stock ideas on the 52-week low list, anticipating growth and turnaround situations, with Nike's new management and strategy highlighted as a positive example [5] Group 3: Company-Specific Challenges - Apple is noted for its significant weight in major indexes and stable revenues from the iPhone, but its stock performance has been hindered by concerns over its AI ambitions and lack of topline growth [6] - Apple's high valuation, with a price-to-earnings multiple of 30, is considered excessive given its stagnant growth, particularly in the iPhone segment, which is likened to selling TV sets [7] - The upgrade cycle for iPhones is slowing, with consumers delaying purchases, contributing to the challenges faced by Apple [8]

Market Overview - On September 17, A-shares saw all three major indices rise, with the Shanghai Composite Index up 0.37% to 3876 points, the Shenzhen Component Index up 1.16% reaching a new high since March 2022, and the ChiNext Index up 1.95% reaching a new high since January 2022 [1] - Over 2500 stocks rose in the market, while over 2700 stocks fell, indicating a mixed market sentiment [1] Sector Highlights - Market focus was on sectors such as photolithography machines, robotics, diversified finance, and battery segments [1] - Robotics concept stocks experienced a resurgence, with notable performances from Shoukai Co., which achieved 10 consecutive trading limits in 11 days, and Shanghai Construction, which had 4 consecutive trading limits [3] Key Stocks Performance - Notable stocks included: - Zhikai Co. (+10.04%, 11 days 10 limits) [4] - STIE (+4.98%, 11 days 8 limits) [4] - ST L Da (+5.00%, 8 consecutive limits) [4] - ST Yushun (+5.00%, 8 days 6 limits) [4] - Shanghai Construction (+9.97%, 4 consecutive limits) [4] - Shanzi Gaoke (+10.12%, 4 consecutive limits) [4] - Xiangjiang Holdings (+10.08%, 4 consecutive limits) [4] Trading Activity - The top three net buying stocks on the daily leaderboard were Huijin Co. (3.17 billion), Hengbao Co. (2.46 billion), and Kaimete Gas (2.08 billion) [5] - The top three net selling stocks were Tianji Co. (-1.58 billion), Baoxini Co. (-978.89 million), and Suning Universal (-767.51 million) [7] Institutional Trading - Institutional net buying focused on stocks like Haoyuan Electric (+14.22%, 959.77 million) and Weilan Lithium (+9.98%, 921.70 million) [8] - Institutional net selling was prominent in Tianji Co. (-1.13 billion) and Baoxini Co. (-566.20 million) [9] Company Specific Developments - Kaimete Gas reported a 10.52% year-on-year revenue increase to 310 million in the first half of 2025, with a net profit of 55.84 million, marking a return to profitability [13][14] - North Copper Co. achieved a revenue of 12.81 billion with a net profit of 487 million, reflecting a year-on-year growth of 2.81% and 5.85% respectively [18] - Zhongliang Capital's trust business scale surpassed 600 billion, growing by 107% year-on-year, indicating strong performance in the financial sector [22] Summary of Trading Trends - The overall trading volume was significant, with stocks like Huijin Co. and Shanzi Gaoke showing high turnover rates of 31.16% and 12.68% respectively [24] - The market exhibited volatility, with notable fluctuations in stock prices, particularly in sectors like robotics and finance [1][3]

人民财讯9月16日电，2025年9月15日，美国国际贸易委员会(ITC)发布公告称，对特定电子眼镜及其组 件和相关充电设备(II)(Certain Electronic Eyewear Products,Components Thereof,and Related Charging Apparatuses(II)，调查编码：337-TA-1455)作出337部分终裁：对本案行政法官于2025年8月14日作出的 初裁(No.9)不予复审，即基于和解，终止对列名被告中国浙江Hangzhou Guangli Technology Co.,Ltd.of China杭州光粒科技有限公司的调查；对本案行政法官于2025年8月25日作出的初裁(No.11、12)不予复 审，即基于和解，终止对列名被告新加坡Brilliant Labs Limited of Singapore的调查，并设定预计结案日 期为2026年12月21日。 ...

天眼查App显示，近日，霸州市凌鼎电子设备有限公司成立，法定代表人为孙翠莹，注册资本70万人民 币，经营范围为一般项目：电子产品销售;电器辅件销售;通讯设备销售;通讯设备修理;销售代理;计算机 软硬件及辅助设备零售;日用电器修理;家用电器销售;移动终端设备销售;照相机及器材销售;音响设备销 售;办公用品销售;办公设备销售;可穿戴智能设备销售;计算机及办公设备维修;家用电器零配件销售;家用 电器安装服务;第二类医疗器械销售（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

Economic Overview - The domestic economy continued to slow down in August, with a mix of resilience in production and pressure on demand, leading to increased internal differentiation [2][3] - Industrial value-added growth year-on-year was 5.2% in August, down from 5.7% in July, indicating a slight decline but still at a relatively high level [4][6] - The overall economic trend is expected to maintain a slow and stable trajectory with structural optimization, but demand recovery will take time [2][3] Production Sector - The production growth rate showed a slight decline, primarily due to external demand pressures and some upstream industries experiencing production cuts [4][6] - The production-sales rate decreased from 97.1% to 96.6%, indicating a marginal improvement in domestic consumption capacity [4] - Policy-related industries, such as transportation equipment and non-ferrous metals, showed resilience, while export and consumer-related sectors faced significant pressure [6][7] Service Sector - The service sector's production index grew by 5.6% year-on-year in August, down 0.2 percentage points from July, reflecting a slowdown [7] - High-value-added industries like information technology and finance showed growth, while leasing and business services faced challenges due to weak corporate expansion intentions [7] Employment - The urban survey unemployment rate rose slightly to 5.3% in August, primarily due to seasonal pressures from the influx of recent graduates into the labor market [9] Consumption Sector - Retail sales growth year-on-year was 3.4% in August, down 0.3 percentage points from July, indicating a need for stronger consumption recovery [12][15] - Dining consumption showed signs of recovery, while retail sales growth for goods slowed down, reflecting a mixed performance across different categories [14][15] - Essential consumption categories faced declines, while some upgraded consumption categories showed resilience, supported by seasonal demand and policy measures [15] Investment Sector - Fixed asset investment growth was 0.5% year-on-year for January to August, with August showing a significant decline of 7.1% compared to July [16][19] - Investment in manufacturing, infrastructure, and real estate all experienced negative growth, necessitating policy support to break the downward cycle [16][20] - The real estate sector continued to face fundamental pressures, with sales area and sales value both declining significantly year-on-year [20]

Market Overview - The Hong Kong stock market experienced slight fluctuations but closed up by 0.22%, indicating foreign investors are not pessimistic about future market trends [1] - U.S. President Trump anticipates a "significant interest rate cut" from the Federal Reserve during its upcoming meeting, which could positively impact sectors like CXO [1] - Stocks in the CXO sector, such as Kanglong Chemical (03759), Zhaoyan New Drug (06127), and WuXi Biologics (02269), saw gains exceeding 7% due to interest rate cut expectations [1] U.S.-China Trade Relations - A delegation led by Chinese Vice Premier He Lifeng is set to meet with U.S. officials to discuss trade issues, including tariffs and export controls [2] - The U.S. Department of Commerce recently added several Chinese entities to its export control "entity list," escalating tensions ahead of the talks [2] - China's Ministry of Commerce announced anti-dumping investigations against U.S. imports of certain chips, indicating a strategic move to strengthen negotiation positions [2] Semiconductor Industry - Nvidia's stock fell approximately 2% following the announcement of investigations into its acquisition practices, reflecting market caution [3] - The domestic semiconductor industry is expected to continue its path of self-reliance, with companies like SMIC (00981) and Hua Hong Semiconductor (01347) being highlighted as key players [3] Energy Sector - The National Energy Administration plans to add 100 GW of energy storage capacity from 2025 to 2027, potentially driving an investment scale of 250 billion RMB [4] - CATL (03750) maintains a leading position in the global battery market, with a market share of 38.1% in the first five months of 2025 [4] - The company has revised its production guidance for 2026 to 1100 GWh, a 46% year-on-year increase, and its stock rose over 7% [4] Automotive Industry - The China Automotive Industry Association has issued guidelines to standardize payment practices between automakers and suppliers, which is expected to benefit the industry [5] - Companies like Zhejiang Shibao (01057) and Nexperia (01316) saw stock increases of over 11% and 6%, respectively, in response to these developments [6] - NIO (09866) is set to launch its new ES8 model on September 20, contributing to a stock increase of over 3% [6] Consumer Electronics - The iPhone 17 series has begun pre-sale, with significant discounts available, leading to positive market expectations for related supply chain companies like Goertek (01415), which saw a stock increase of nearly 7% [6] - Xiaomi is set to launch its new Xiaomi 17 series, directly competing with the iPhone 17, and its stock rose nearly 2% [7] Pre-prepared Food Industry - The ongoing debate over the definition and regulation of "pre-prepared food" is expected to lead to new national standards, which could stabilize the industry [8] - The National Health Commission is preparing to solicit public opinions on the draft standards, marking a significant step towards regulatory compliance in the food sector [8] Individual Stock Highlights - Nexperia (01316) is accelerating its L3 automation technology and has received multiple orders from various automakers, with a revenue of $2.2 billion in the first half of the year, up 7% year-on-year [10] - The company aims for an annual order target of $5 billion, with a strong order intake in the first quarter [10][11] - Nexperia has secured orders from Tesla, Li Auto, and others for its advanced steering technologies, indicating a robust growth trajectory [12]