Core Insights - The development of large models is significantly influenced by vast amounts of internet data, but data issues also contribute to the phenomenon of model hallucination [1] Data Challenges - The cost of data acquisition has increased significantly [1] - There is a scarcity of rigorous industry data, which is also difficult to flow [1] - Multi-modal data requires stronger processing capabilities [1] - Assessing data quality remains a challenging task [1]

特朗普又出关税大消息，当地时间5月16日，特朗普表示，未来两到三周内，美国可能会单方面对许多贸易伙伴设定新的关税税率。 昨晚美股高开高走，标普连涨第五天，道指收复年内所有跌幅。截至收盘，道指涨0.78%，标普500指数涨0.7%，纳指涨0.52%。 不过盘后，国际信用评级机构穆迪宣布，由于美国政府债务和利率支付比例增加，该机构决定将美国主权信用评级从Aaa下调至Aa1。 01 特朗普又出关税大消息 据英国《金融时报》报道，当地时间5月16日，美国总统特朗普表示，未来两到三周内，美国可能会单方面对许多贸易伙伴设定新的关税税率。特 朗普称，美国缺乏与所有贸易伙伴通过谈判达成协议的能力。 特朗普当天在阿联酋与企业高管会面时表示，财政部长贝森特和商务部长卢特尼克将发出信函，告诉一些贸易伙伴，他们在美国做生意需要支付多 少钱。 特朗普进一步表示，"虽然有'150个国家'希望达成协议，但不可能与所有国家会面。我认为我们会给出公平的税率，想要与那么多国家见面并谈判 是不可能的。" 回顾此前，特朗普于4月2日宣布对数十个贸易伙伴加征所谓的"对等关税"，一度引发全球金融市场剧烈动荡，随后特朗普改口，宣布暂缓90天执 行，但几乎 ...

上天天基金APP搜索【777】开户即可领98元券包 ，优选科技基金10元起投！ 限量发放！ 先到 先得！ 今年一季度就高调看多中国资产的景林资产，加仓路径曝光。 近日，景林资产在美国证券交易委员会（SEC）公布了2025年一季度末的美股持仓情况。 数据显示，截至一季度末，景林资产在美股市场持有31家公司的股票，总市值为32.3亿美元。从调仓动 作来看，景林资产今年一季度大手笔买入了贝壳、阿里巴巴、富途控股、台积电等中概股。 据渠道人士透露，当前景林资产对中国资产依旧较为乐观。景林资产认为，伴随着市场情绪改善，中国 企业的全球竞争力不断增强，中国资产的"阿尔法"机会值得关注。 贝壳新进前十大重仓股 美国证券交易委员会公开资料显示，截至今年一季度末，景林资产美股持仓的前十大重仓股分别为脸书 母公司Meta、拼多多、网易、满帮集团、台积电、富途控股、苹果、中通快递、奇富科技和贝壳。 今年一季度，景林资产新进买入阿里巴巴60.1万股。Choice数据显示，今年以来受益于中国科技产业的 重大突破，阿里巴巴股价实现快速上涨，一季度涨幅接近56%。无独有偶，桥水基金一季度也买入逾 540万股阿里巴巴，截至一季度末，阿里巴巴 ...

Group 1 - The core viewpoint of the news is the launch of the Huaan Hang Seng Index Hong Kong Stock Connect ETF, which focuses on core assets in the Hong Kong stock market, particularly in the financial, consumer discretionary, and technology sectors [1][2] - The ETF tracks the Hang Seng Index Hong Kong Stock Connect Index, designed specifically for the Hong Kong Stock Connect mechanism, ensuring all constituent stocks are tradable through this channel [1] - The index has a balanced style, with financials accounting for 33%, consumer discretionary for 27%, and information technology for 17% of the index [1] Group 2 - The ETF is managed by Ni Bin, supported by Huaan Fund's experienced index and quantitative investment team, which has 23 years of experience in managing index products [2] - Huaan Fund expresses a positive outlook on the long-term development of the Chinese capital market, suggesting a more proactive and balanced allocation to equity markets [2] - The fund highlights three core asset categories in the Hong Kong market: internet technology benefiting from the global AI wave, consumer sectors stimulated by domestic demand policies, and undervalued financial sectors with high dividends [2]

北京时间5月15日晚，美股三大指数开盘集体下跌，道指跌0.42%，纳指跌0.68%，标普500指数跌 0.4%。 美国大型科技股多数下跌，谷歌、微软分别上涨0.14%，0.06%；苹果、英伟达、脸书、特斯拉、亚马 逊分别下跌0.15%、0.55%、0.79%、1.83%、2.31%。 | 福彩 成分 | 资讯 | 相关基金 | | --- | --- | --- | | 名称 | 现价 | 涨跌幅 ◆ lil | | 谷歌(ALPHABET). | 167.050 | 0.14% | | GOOG.O | | | | 微软(MICROSOFT | 452.400 | 0.06% | | MSFT.O | | | | 苹果(APPLE) | 212.005 | -0.15% | | AAPL.O | | | | 英伟达(NVIDIA) | 134.590 | -0.55% | | NVDA.O | | | | 脸书(META PLATF | 654.140 | -0.79% | | META.O | | | | 特斯拉(TESLA) | 341.330 | -1.83% | | TSLA.O | | | | 亚 ...

Group 1 - The Osaka Kansai Expo, which opened on May 13, 2023, is expected to attract 28.2 million visitors and generate nearly 3 trillion yen in economic benefits for Japan [2][19] - As of May 10, the average daily attendance was around 100,000, with a peak of 124,000 on the opening day, which is below the target of 150,000 daily visitors [15][19] - The expo features pavilions from over 160 countries, showcasing cultural and technological innovations, with a focus on the theme "Designing Future Society for Our Lives" [6][19] Group 2 - Hotel prices in Osaka have surged, with accommodation bookings reportedly doubling compared to the same period last year, as international and domestic hotel chains open flagship locations to capture tourist business [5] - The China Pavilion has become a popular attraction, featuring exhibits that highlight Chinese culture and technological advancements, including lunar soil samples and AI innovations [7][11] - The main structure of the expo, named "Oyayane," is designed to provide shelter and connect various pavilions, while also incorporating sustainable energy solutions [16][19] Group 3 - The expo has implemented a reservation system for popular pavilions to manage visitor flow, although some visitors still face long wait times [6][15] - The "Night Rainbow" performance, a highlight of the expo, combines art and technology, utilizing advanced laser projection systems and rainwater recycling to emphasize sustainability [17][19] - Major sponsors of the expo, such as Suntory, are launching limited edition products to coincide with the event, reflecting the growing trend of green tea in Japan's beverage market [19]

招商证券认为，强化业绩比较基准的约束作用后，公募基金的整体行业配置与基准指数的行业分布差异 可能在中长期缩小。 根据华泰证券统计数据显示，从全部公募基金来看，截至2025年一季度，国内共有2875只公募基金持有 港股，所持港股规模共计8592亿港币，占南向资金总持仓规模18.7%，占港股自由流通市值3.7%。 一季度公募基金猛加仓港股，新规下有投资者担忧，部分资金由于超配需要再平衡港股仓位？ 5月7日，中国证监会发布《推动公募基金高质量发展行动方案》，提出25条改革举措。其中对市场影响 较大的规定： 1.推动浮动管理费率改革。即持有期间产品实际业绩表现符合同期业绩比较基准的，适用基准档费率； 明显低于同期业绩比较基准的，适用低档费率；显著超越同期业绩比较基准的，适用升档费率。 2. 调整基金经理考核机制。一方面是逐步更侧重于长周期考核（三年以上业绩权重不低于80%）；另一 方面，薪酬与业绩直接挂钩——若基金三年以上业绩低于基准超10个百分点，基金经理绩效薪酬将明显 下降。 华泰证券筛选出跟踪恒生指数和中证港股通指数的基金作为样本，这些基金的港股持仓总规模约4000余 亿港币，涵盖了同时投资了A股和港股基金的7 ...

Core Viewpoint - Inner Mongolia is becoming a significant hub for renewable energy in China, with plans for a cumulative power generation of over 200 billion kilowatt-hours in 2024 and an external supply of 60 billion kilowatt-hours, leading the nation in these metrics [1]. Group 1: Renewable Energy Development - Inner Mongolia is accelerating the development of the renewable energy equipment manufacturing industry and promoting the entire renewable energy supply chain [1]. - The region is recognized for its abundant wind and solar resources, which are essential for supporting national data processing demands [10]. Group 2: International Media Engagement - A group of 23 foreign media journalists from 19 Asia-Pacific countries visited the Yunda Wind Power Equipment Manufacturing Factory in Ulanqab, witnessing the transformation of large wind turbine components [1][3]. - Journalists expressed surprise at the size and energy storage capacity of the wind turbines, highlighting the efficiency of the production process [5]. Group 3: Comparative Insights - A journalist from the Philippines noted that while renewable energy serves as a supplementary source in their country, Inner Mongolia is making systematic efforts to transition towards green energy [6]. - The visit led to a broader understanding of Inner Mongolia's innovative practices in green energy, contrasting with the journalist's previous perceptions focused on agriculture and dairy [10]. Group 4: Technological Integration - Major domestic tech companies like Huawei and Alibaba have established data centers in the Ulanqab area, benefiting from the local energy advantages, with green electricity usage potentially exceeding 80% [8]. - The average annual temperature of 4.3°C in Ulanqab allows for a 20%-30% reduction in cooling energy consumption compared to southern regions [8].

港股三大指数均上涨超2.1%，尤其是恒生指数、国企指数全天呈现震荡上涨行情，截止收盘，恒指、国指分别上涨2.3%及2.47%，恒生科技指数 涨2.13%，继中美削减关税后市场虽有波动，但总体呈现上涨行情。 | 代码 | 名称 | | 最新价 | 涨跌额 | 张跌幅 | | --- | --- | --- | --- | --- | --- | | Concession of the control of 800000 | 恒生指数 | O | 23640.65 | +532.38 | 2.30% | | 800700 | 恒生科技指数 | | 5381.78 | +112.12 | 2.13% | | 800100 | 国企指数 | | 8593.07 | +206.86 | 2.47% | 影视娱乐股涨幅居前，乐华娱乐涨超29%，耀星科技集团涨超13%，腾讯音乐涨超12%，网易云音乐涨超10%，阿里影业、猫眼娱乐等跟涨。 盘面上，大型科技股集体上涨，其中，百度涨4%；午后大金融股持续走高，尤其是保险股、中资券商股拉升明显，弘业期货大涨12%，建设银 行、中信银行、中国银行、光大银行皆刷新上市新高价；航运市场 ...

【导读】A股海运板块走高，稀土概念直线拉升 | 序号代码 | | 名称 | 现价 | 涨跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | --- | --- | | T | 1698 | 腾讯音乐-SW 61.050 | | 6.550 | 12.02% | | 2 | 6618 | 京东健康 | 40.000 | 2.000 | 5.26% | | 3 | 9660 | 地平线机器人 7.320 | | 0.270 | 3.83% | | ব | 2015 | 理想汽车-W | 112.200 | 4.300 | 3.99% | | ഗ | 0241 | 阿里健康 | 5.360 | 0.190 | 3.68% | | 6 | 9618 | 京东集团-SW 142.100 | | 5.100 | 3.72% | | / | 9868 | 小鹏汽车-W | 81.450 | 2.700 | 3.43% | | 8 | 1810 | 小米集团-W | 50.250 | 1.600 | 3.29% | | ത | 0285 | 比亚迪电子 | 36.200 | 0.950 | 2.70% ...