Company News - TSMC's second-quarter net profit exceeded market expectations, reaching a historical high, resulting in a stock increase of over 3% [1] - Mira Murati, former CTO of OpenAI, announced that her AI startup, Thinking Machines Lab, completed a $2 billion seed funding round, with participation from notable investors including Nvidia and AMD [5] - Geely Automobile signed a merger agreement with Zeekr, allowing Zeekr shareholders to choose cash or Geely shares as compensation, which is seen as a key step in Geely's strategy to consolidate under "One Geely" [6] - Apple showcased its collaboration with three Chinese suppliers at the China International Supply Chain Promotion Expo, emphasizing its commitment to local supply chain development [7][8] - Tesla revealed images of its upcoming six-seat Model Y L, expected to launch in the fall, with a longer wheelbase compared to the standard Model Y [8] Industry News - The unemployment rate in Australia unexpectedly rose to 4.3% in June, the highest level since November 2021, leading to market speculation about potential interest rate cuts by the Reserve Bank of Australia [4] - President Trump indicated plans to impose tariffs on over 150 minor trade partners, potentially setting rates between 10% and 15% [2] - Concerns arose regarding the independence of the Federal Reserve as Trump hinted at the possibility of dismissing Chairman Powell, which could create economic uncertainty [3]

随着情节的推进，体验者将聆听江南风格的中国民族音乐。 vivo影像算法研究部算法首席工程师张华琪告诉第一财经，这个项目结合了高标准的街道、建筑影像采集，3D扫 描和重建技术以及高质量的渲染，为让用户体验更有趣，不满足于静态的VR呈现，还在场景内的引导等方面下功 夫，让体验者可以自在游玩。 随着情节的推进，体验者将聆听江南风格的中国民族音乐。上海音乐厅委约著名琵琶演奏家、赵聪创作了组曲 《乐鸣东方》，这部作品由三个乐章组成。 今年是上海音乐厅建成95周年，它的前身南京大戏院建于1930年，由我国著名建筑师赵深、范文照设计，曾是全 国第一家放映外国影片的电影院和第一座音乐厅。建成之初，上海音乐厅内外及街区的氛围如何，7月18日起，可 以到上海音乐厅四楼"乐∞空间"的VR体验项目去感受一下。 VR体验江南音乐 《寻找秘谱：穿越上海1930》由凯迪拉克·上海音乐厅联合上海戏剧学院、科技品牌vivo推出，着重强调交互性和 沉浸声。在40分钟的时间里，体验者将扮演一名记者，跟随意大利青年Alex的时光足迹，从当年的南京大戏院启 程，加入到一段发生在老上海的故事中。 Alex偶遇泛黄的琵琶乐谱，穿越到 1930 年代。他化 ...

Group 1 - The unemployment rate in Hong Kong for the period from April to June 2025 is 3.5%, unchanged from the previous period [1] - The underemployment rate remains stable at 1.4% during the same timeframe [1] - Total employment decreased from 3,664,700 to 3,657,300, a reduction of approximately 7,400 individuals [1] Group 2 - The total labor force also declined from 3,800,500 to 3,793,500, a decrease of about 7,000 individuals [1] - The number of unemployed individuals (not seasonally adjusted) is reported at 136,200, which is similar to the previous figure of 135,800 [1] - The number of underemployed individuals decreased from 53,600 to 52,600, a reduction of about 1,000 [1] Group 3 - The unemployment rates across different industries showed varied changes, with declines noted in the arts, entertainment, and recreation sectors, as well as in professional and business services [1] - Conversely, increases were observed in the construction and food service sectors [1] - The Secretary for Labour and Welfare indicated that the trends in unemployment rates will differ across industries due to ongoing transformations [2]

进入暑期，北京市围绕精品购物、精致美食、精彩旅游、精美展演四大领域，开展了一系列促消费活动，在满足 市民和游客多元消费需求的同时，助力北京国际消费中心城市建设。 今年4月，六部门联合开展"购在中国"系列活动，聚焦居民消费重点领域、重要时段，举办各类特色活动，营造浓 厚消费氛围，持续释放消费潜力，推动消费提质升级。 7月17日，记者从北京市商务局获悉，暑期北京市将紧扣"购在中国"和"京彩四季"活动主题品牌，联动全市16区、 经济技术开发区及重点商圈、景点等，举办500余项特色活动，释放暑期消费潜力。 精品购物 百余项夏日消费季活动贯穿7月 北京市珐琅厂的梦幻景泰蓝夜场文化体验季、朝阳区的"集章游园会""博物馆季文化市集"、海淀区的"夏日清凉 节"、丰台夜生活节……整个7月，全市16区、经济技术开发区的重点商圈、大型商场、博物馆、街道办事处等单 位将开展百余项夏日消费季活动。 其中，梦幻景泰蓝夜场文化体验季以文化IP为主，将举办梦幻景泰蓝夜游会、梦幻景泰蓝体验会、梦幻景泰蓝惠 民夜、梦幻老字号非遗夜市等活动；西城区展览路街道举办的"书香文创·悦享生活"文化集市活动，将邀请辖区有 文化影响力的单位，设置图书展销区、 ...

Core Viewpoint - The founder of HYBE, Bang Si-hyuk, is facing a criminal investigation by South Korean prosecutors for allegedly deceiving investors prior to the company's IPO in 2020 [1][5]. Group 1: Background and Company Overview - HYBE is the highest-valued entertainment company in South Korea, with a market capitalization of 11.1 trillion KRW (approximately 57.2 billion RMB), surpassing the combined value of the other three major entertainment companies in Korea by 4 trillion KRW [4]. - The case has garnered significant attention due to the scale of the alleged securities fraud [5]. Group 2: Allegations and Financial Implications - Bang Si-hyuk is accused of misleading investors, including venture capital firms, in 2019 by suggesting that HYBE had no plans for an IPO, which led them to sell shares to a special purpose company set up by HYBE executives [5][6]. - While investors sold their shares, HYBE was preparing for its IPO, and the special purpose company later sold its shares, allowing Bang Si-hyuk to earn approximately 190 billion KRW (around 980 million RMB) from the transaction [6]. - The agreement regarding profit-sharing was not disclosed during the IPO process, which constitutes a violation of disclosure regulations [6]. Group 3: Legal Consequences and Regulatory Response - According to Article 443 of the Capital Markets Act in South Korea, if illegal gains exceed 5 billion KRW (approximately 26 million RMB), the offender could face at least 5 years in prison, with the possibility of life imprisonment for higher amounts [7]. - The South Korean financial regulatory agency has stated its intention to cooperate fully with the prosecutor's investigation and to thoroughly examine the allegations [7]. - HYBE expressed regret over the financial regulator's decision and stated its commitment to clarifying the situation during the upcoming investigation to restore trust among stakeholders [7].

Group 1 - The "Su Super" league has significantly boosted the night economy in Jiangsu, with average attendance exceeding 10,000 spectators per game, leading to a 14.3% year-on-year increase in electricity consumption from 18:00 to 22:00, reaching over 10.5 billion kilowatt-hours [1] - Various cities in Jiangsu are leveraging the "Su Super" to enhance cultural and tourism activities, creating a blend of sports events and tourism experiences, such as the "Follow 'Su Super' to Tour Nantong" event and diverse night consumption scenarios in Changzhou [1] - The Jiangsu Provincial Department of Commerce has announced 50 night consumption gathering areas, including pedestrian streets, to capitalize on the excitement generated by the league [1] Group 2 - Nighttime dining consumption has surged, with Meituan reporting significant growth in night and cross-city consumption, particularly in barbecue, which has become extremely popular [2] - In Xuzhou, the local barbecue scene has seen a remarkable increase in electricity consumption, with a 53% year-on-year rise in the restaurant sector during the event, and a staggering 89% increase in electricity load in popular barbecue areas like Fengchu Street [2]

Market Overview - The three major U.S. stock indices opened higher, with the Dow Jones up 0.29%, the S&P 500 up 0.25%, and the Nasdaq up 0.19% [1] Company Specifics - ASML experienced a significant decline, dropping over 8% after the CEO warned that growth may not be achievable by 2026 [1] - Huya continued its upward trend, rising over 7% after a previous increase of over 10% the day before [1]

Market Overview - The current market is characterized by volatility, with the Nasdaq reaching a historical high primarily driven by Nvidia, while other sectors remain lackluster, indicating a sentiment-driven market rather than a solid fundamental basis [1] - The Hong Kong stock market experienced a slight decline of 0.29% today, reflecting the overall cooling of market conditions [1] Trade and Tariff Developments - President Trump announced upcoming tariffs on smaller countries, expected to be "slightly above 10%" [1] - NATO Secretary General warned that Brazil, China, and India could face secondary sanctions from the U.S. if Russia does not reach a peace agreement with Ukraine [1] - The Chinese Foreign Ministry stated that there are no winners in a trade war, emphasizing that coercion will not resolve issues [1] Semiconductor and AI Developments - Nvidia's CEO Huang Renxun highlighted the demand for H20 orders, noting its superior ecosystem efficiency compared to domestic alternatives [2] - InnoScience, a leader in GaN power devices, plans to increase its monthly production capacity from 13,000 to 20,000 wafers by the end of 2025, with a long-term goal of 70,000 wafers [2] - Huang acknowledged China's AI models as "world-class," suggesting that U.S. restrictions on high-end chips could accelerate China's AI development [2] Pharmaceutical Sector Insights - The pharmaceutical market is currently benefiting from innovative drugs that are not subject to centralized procurement, thus protecting profit margins [3] - Lijun Pharmaceutical's innovative drug H001 has completed its Phase II clinical trials, showing promise in preventing venous thromboembolism after orthopedic surgeries [3] - The latest centralized procurement list includes several Hong Kong-listed pharmaceutical companies, indicating potential market share growth for those that secure bids [4] Entertainment and Media Sector - The summer box office has reached 3.3 billion yuan, with notable films leading the ticket sales [5] - Companies like Huayi Brothers and Maoyan Entertainment are positioned to benefit from the summer film season, with significant contributions expected to their revenues [5] - The short video industry is experiencing explosive growth, with global in-app purchases nearing $700 million in Q1 2025, a nearly fourfold increase year-on-year [6] Precious Metals Investment - Major financial institutions are advising investors to seek refuge in precious metals due to potential tariffs, with gold, silver, and copper identified as favorable investments [7] - Morgan Stanley and Goldman Sachs have raised their gold price targets, predicting prices could reach $3,800 and $3,700 per ounce, respectively, by year-end [7] Travel and Tourism Sector - Tongcheng Travel reported a 13.2% year-on-year revenue growth in Q1 2025, driven by a strong performance in its core OTA business [8] - The company is expanding its international business, with significant growth in international ticket sales and hotel bookings [9] - Tongcheng's acquisition of Wanda Hotels is expected to enhance its high-end hotel management capabilities, contributing to future revenue growth [9]

Group 1 - The board of directors of Guangzhou Jinyi Film and Television Media Co., Ltd. held its 12th meeting on July 16, 2025, with all 9 directors present, confirming compliance with relevant regulations [1][2] - The board approved the election of Mr. Qiu Xianbang as a member of the audit committee, effective from the date of approval until the end of the current board's term [1][2] - The voting results for the election were unanimous, with 9 votes in favor, 0 against, and 0 abstentions [2] Group 2 - Mr. Qiu Xianbang, born in 1963 and holding a high school diploma, has held various managerial positions in the hospitality industry and has been the president of Guangzhou Jiyi Hotel Management Group Co., Ltd. since 2018 [2] - As of the announcement date, Mr. Qiu does not hold any shares in the company and has no significant relationships with other shareholders or board members [2] - Mr. Qiu has no disqualifications or negative records that would prevent him from serving as a director, as confirmed by inquiries to regulatory bodies [2]

7月15日，国家统计局发布数据显示，上半年，中国国内生产总值（GDP）660536亿元，按不变价格计 算，同比增长5.3%。 国家统计局副局长盛来运在当天举行的国新办新闻发布会上说，多年来高质量发展大势和实践，凝聚了 共识，积累了新动能，推进了经济再平衡，提高了经济可持续发展能力。 7月15日，国务院新闻办公室在北京举行新闻发布会，国家统计局副局长盛来运介绍2025年上半年国民 经济运行情况，并答记者问。 新华社记者潘旭摄 冰雪运动、冰雪旅游持续火热，"银发列车"穿梭于春日花海，《哪吒2》以超150亿元的票房获得上半年 票房冠军，Labubu掀起社交平台上的"开箱狂欢"，"苏超"带动主场城市酒店预订量大幅增长，无人机演 绎的灯光秀点亮夜经济…… 2025年6月12日，顾客在浙江省温州市区印象城泡泡玛特门店购物（手机照片）。 新华社发（刘吉利 摄） 回看上半年，消费市场热度不断攀升，超大规模市场潜力持续释放，成为中国经济活力的生动注脚。 DeepSeek横空出世，人形机器人登上春晚扭秧歌，全球首次"人机共跑"的半程马拉松拉近与未来的距 离……一系列创新成果令世界瞩目，持续为新兴产业发展提供动力。1至5月份，我国 ...