另外，针对关于他健康状况不佳的传闻，特朗普在白宫回应称，他在劳工节假期周末"非常活跃"——每 天都会前往自己位于弗吉尼亚州的高尔夫球场，并称有关他健康状况的报道都是"假新闻"。 美股市场方面，美股三大指数集体走低，盘中一度跌超1%，截至收盘，道跌0.55%，标普500指数跌 0.69%，纳指跌0.82%。美股大型科技股全线下挫，英伟达大跌近2%，苹果、亚马逊、特斯拉跌超1%， 微软、谷歌、Meta均小幅收跌。 特朗普宣布 （原标题：凌晨！特朗普重大宣布！美军发动袭击） 特朗普回应了。 北京时间9月3日凌晨，美国总统特朗普表示，将就全球关税案裁决向美国最高法院提起上诉，希望推翻 上诉法院认定其大部分关税非法的裁决。特朗普警告称，如果他最终败诉，将会造成"一种也许前所未 见的震荡"。 美国司法部警告，撤销关税可能导致美国"财政崩溃"。截至7月，美国年内关税收入总计1590亿美元， 是去年同期的两倍多。 北京时间9月3日凌晨，特朗普表示，将就全球关税案裁决向美国最高法院提起上诉，并重申，他推出全 球关税是鉴于美国处于经济紧急状态。 特朗普称，如果上诉到美国最高法院后，他在全球关税案中败诉，将会造成"一种也许前所未见 ...

Group 1: Policy and Regulatory Updates - The Ministry of Finance and the State Taxation Administration issued a notice clarifying tax policies for the transfer of state-owned equity and cash income to supplement the social security fund [1][2] - The notice states that interest income from loans and financial product transfers related to the transferred state-owned equity will be exempt from VAT, and income from the transfer of non-listed state-owned equity will be exempt from corporate income tax [1][2] - The notice will take effect on April 1, 2024, and taxpayers who have paid taxes before the notice can apply for refunds if they meet the criteria [3] Group 2: Market Performance and Company News - Tianpu Co. announced that its stock price has increased by 100% over eight consecutive trading days, indicating a significant deviation from its fundamental value, and may apply for a trading suspension if the abnormal rise continues [6] - China Petroleum announced the transfer of 541 million A-shares (0.30% of total shares) to China Mobile, which will not change the controlling shareholder or actual controller [6] - The North Exchange reported that its 274 listed companies achieved a total revenue of 92.064 billion yuan in the first half of the year, with a year-on-year growth of 6.01%, while net profit decreased by 10.59% [3][4] Group 3: Industry Insights - The software industry in China reported a revenue of 83.246 billion yuan in the first seven months, with a year-on-year growth of 12.3%, and profits increased by 12.4% [5] - The Shanghai Municipal Economic and Information Commission announced the launch of the 2025 "Artificial Intelligence+" action project, aiming to enhance the integration of AI with various sectors and promote high-quality industrial development [4]

每经头条（nbdtoutiao）——人口流失、土地闲置的城市要不要撤并？专访国家发改委专家高国力：未 来不排除，目前没到这阶段 （记者 曾健辉） 截至发稿，金现代市值为49亿元。 每经AI快讯，金现代（SZ 300830，收盘价：11.45元）发布公告称，2025年9月1日-2日，金现代接受华 夏基金等投资者调研，公司董事长、总裁黎峰等人参与接待，并回答了投资者提出的问题。 2025年1至6月份，金现代的营业收入构成为：电力占比87.79%，其他占比9.68%，航天占比2.53%。 ...

Group 1 - The overall revenue growth of A-shares has turned positive, with net profit maintaining positive growth, indicating a solid foundation for economic recovery [3] - Nearly 60% of companies reported positive revenue growth, and over three-quarters achieved profitability, with 1,943 companies experiencing both revenue and net profit growth [3] - Private-controlled listed companies saw significant recovery in profitability, with revenue and net profit growth rates of 4.8% and 10% respectively [3] Group 2 - Industries such as steel, software services, building materials, media, semiconductors, and non-ferrous metals performed well, with net profit growth rates exceeding 30% [3] - The consumer market is experiencing multi-polar growth, driven by policies like "trade-in" for consumer goods, resulting in over 10% year-on-year net profit growth in related industries [3] - Emerging sectors like the pet economy and millet economy have shown remarkable growth, with net profit increases of 39.67% and 54.21% respectively [3] - The introduction of optimized visa policies has led to a surge in tourism-related industries, with net profit growth exceeding 50% [3] Group 3 - The R&D investment in the A-share market reached 745.69 billion yuan, a year-on-year increase of 2.68%, with the overall R&D intensity rising to 2.13% [3] - The government work report emphasizes the cultivation and expansion of emerging and future industries, promoting the integrated development of strategic emerging industries [4]

Core Viewpoint - Xiaoetong, a private domain operation SaaS service provider, has submitted its IPO application to the Hong Kong Stock Exchange, with CICC as the sponsor, showcasing rapid growth and a compound annual growth rate (CAGR) of 32% in revenue over the past three years [2] Group 1: Company Overview - Xiaoetong is a leading product-driven SaaS solution provider in the private domain operation sector, initially recognized as a knowledge payment SaaS platform [3] - The company was founded in October 2016, capitalizing on the rise of WeChat and the demand for SaaS services in knowledge payment [3] - The first significant client was financial writer Wu Xiaobo, who collaborated with Xiaoetong to develop tools for enhancing user conversion rates [4] Group 2: Financial Performance - Xiaoetong's revenue from 2022 to 2024 was reported as 2.99 billion, 4.15 billion, and 5.21 billion RMB, respectively, with a projected revenue of 3.06 billion RMB for the first half of 2025, reflecting a year-on-year growth of 26.4% [6] - The gross profit margins for 2022 to 2025 were 54.3%, 72.3%, 74.8%, and 75.5%, respectively, indicating a trend of increasing profitability [7] - The company reported net losses of approximately 34 million, 37 million, and 15 million RMB for 2022, 2023, and 2024, with a narrowing loss of 5.82 million RMB in the first half of 2025 [7] Group 3: Business Model and Services - Xiaoetong provides a comprehensive cloud-based solution that integrates e-commerce, digital marketing, and customer relationship management (CRM) to facilitate the entire lifecycle of private domain operations [5] - The company empowers various businesses, including internet-native e-commerce merchants and traditional retailers, to build and manage their private domains and commercialize their products [6] Group 4: Compliance and Regulatory Issues - Xiaoetong has faced compliance issues, including a fine of 50,000 RMB from the Shenzhen Market Supervision Administration for failing to fulfill platform obligations [9][10] - The company has committed to enhancing regulatory compliance by establishing a professional team to review user reports and content safety checks, aiming to reduce violations [11]

Core Insights - Miniso, a Chinese trendy retail brand, has successfully attracted consumers with its plush toy series at its Paris flagship store in July 2024, highlighting a surge in consumer interest [1] - The company has expanded its operations to 112 countries and regions, facing challenges in maintaining efficient operations in international markets [1] - Miniso's global journey reflects the current trend of Chinese brands focusing on systematic and refined global operations rather than mere product exports [1] Group 1 - Miniso utilizes advanced digital tools to monitor global sales data, consumer feedback, and supply chain stability in real-time from its headquarters in Guangzhou [1] - The introduction of Feishu, a global integrated collaboration platform, has enhanced operational efficiency and communication across different time zones and languages [2] - The "Overseas Store Assistant" application built on Feishu's low-code platform has standardized operations and improved cross-time zone collaboration for Miniso's global stores [3] Group 2 - In the Indonesian market, Miniso leveraged Feishu's multi-dimensional table feature to digitize its store expansion process, achieving a 50% increase in development efficiency compared to traditional methods [3] - Challenges such as language barriers and cross-time zone collaboration consume significant resources for companies expanding internationally, as noted by Feishu's Chief Commercial Officer [3] - Cultural integration is emphasized as a "soft power" for Chinese companies, with brands like Bawang Tea Ji using Feishu to promote understanding of Chinese tea culture among global employees [5] Group 3 - Feishu respects cultural diversity in its product design, supporting multi-skin tone emoji options and avoiding potentially misinterpreted symbols [5] - The platform provides stable and efficient foundational services while also offering customizable solutions for specific business scenarios [5] - J&T Express, a global logistics service provider, has implemented Feishu for unified collaboration across 12 countries, achieving online coordination for 80,000 employees in just 40 working days [5][6] Group 4 - The ongoing trend of Chinese companies expanding internationally is supported by Feishu, which is transforming its accumulated experiences into a toolkit for more outbound enterprises [6] - Feishu's collaboration with outbound companies is creating new narratives on a global scale [6]

9月2日，高伟达跌5.05%，截至发稿，报26.68元/股，成交31.75亿元，换手率25.90%，总市值118.39亿 元。 资料显示，高伟达软件股份有限公司位于北京市朝阳区霄云路28号院2号楼国樽赢地中心A座E层，成立 日期2003年4月11日，上市日期2015年5月28日，公司主营业务涉及向以银行、保险、证券等为主的金融 企业客户提供IT解决方案、IT运维服务以及系统集成服务。主营业务收入构成为：软件开发及服务 91.95%，系统集成及服务8.05%。 从高伟达十大流通股东角度 数据显示，华宝基金旗下1只基金位居高伟达十大流通股东。华宝中证金融科技主题ETF（159851）二 季度增持20.02万股，持有股数265.51万股，占流通股的比例为0.6%。根据测算，今日浮亏损失约377.02 万元。 华宝中证金融科技主题ETF（159851）成立日期2021年3月4日，最新规模57.31亿。今年以来收益 41.19%，同类排名687/4222；近一年收益169.57%，同类排名2/3781；成立以来收益102.1%。 华宝中证金融科技主题ETF（159851）基金经理为陈建华、曹旭辰。 截至发稿，陈建华累计 ...

今日（9.2）A股大盘震荡回调，科创板回落，科创50指数ETF（588870）盘中一度跌超3%，后跌幅收窄至2%左右，盘中成交额达1.3亿元。资金面上， 2日 大举净流入超1.7亿元，自上市以来，科创50指数ETF（588870）跟踪精度同类领先，收到资金青睐，年初至今份额增幅高居同类领先！ | 分时 多日 1分 5分 15分 30分 = 综合屏 F9 前复权 超级叠加 画线 工具 {} >> | | | 1.356 -0.033 -2.38% | | | 科创50指 | | --- | --- | --- | --- | --- | --- | --- | | 588870.SH(科创50指数ETF) 2025/09/02 收1.356 幅 -2.38%(-0.033) 开 1.378 高 1.399 低 1.346 均 | WP | | | | | | | MA5 1.3701 MA10 1.3171 MA20 1.2121 MA60 1.0891 MA120 1.0641 (138日)▼ | n | | SSE CNY 14:23:28 交易中 | | | | | 1.419- | | 净值走势 | 汇 ...

Economic Overview - In the first half of 2025, China's GDP reached 66.05 trillion yuan, with a year-on-year growth of 5.3% and domestic demand contributing nearly 70% [2][4] - The A-share market showed notable performance, with 5,432 listed companies reporting solid mid-year results, reflecting a stable operational trend [2][4] Industry Performance - Key industries such as steel, software services, building materials, media, and semiconductors exhibited significant net profit growth [5][8] - The "old-for-new" policy positively impacted sectors like home appliances, automobiles, and consumer electronics, leading to net profit increases [5][12] - New consumption and cultural tourism sectors continued to thrive, with many industries experiencing over 50% net profit growth [11][12] Financial Metrics - Total revenue for listed companies reached 35.01 trillion yuan, with a slight year-on-year increase of 0.16% [8] - Nearly 60% of companies reported revenue growth, and over 75% achieved profitability, with 1,943 companies showing both revenue and net profit growth [6][8] R&D Investment - A-share companies invested over 740 billion yuan in R&D, marking a year-on-year increase of 2.68% [13] - The R&D intensity reached 2.13%, with strategic emerging industries demonstrating significant innovation potential [13][14] Sector-Specific Highlights - The steel industry led with a remarkable net profit growth of 263.77%, followed by software services at 176.19% and building materials at 75.49% [7][8] - The new energy vehicle sector maintained high growth, with net profit increasing by 32% [12] - Emerging sectors like the pet economy and millet economy saw net profit growth of 39.67% and 54.21%, respectively [12]

Core Viewpoint - The Chinese economy continues to show a stable and positive trend in the first half of 2025, with GDP reaching 66.05 trillion yuan, a year-on-year growth of 5.3% [1] Economic Performance - Domestic demand contributed nearly 70% to the economic growth, and residents' income has maintained an upward trajectory [1] - A-share market performance reflects this positive macroeconomic backdrop, with 5,432 listed companies disclosing their semi-annual reports by August 31, showcasing robust operational performance [1] Industry Highlights - Several sectors demonstrated significant profit growth, including steel, software services, building materials, media, and semiconductors [1] - The "trade-in" policy has effectively boosted net profit growth in the home appliance, automotive, and consumer electronics industries [1] - The cultural tourism and new consumption sectors continue to experience rising prosperity [1] - In strategic emerging industries and high-tech sectors, the narrative around technology is becoming increasingly prominent, with accelerated growth in new productive forces and a steady increase in corporate R&D investment intensity [1] Overall Market Trends - The overall revenue growth of A-shares has turned positive, and net profit attributable to shareholders has maintained positive growth, indicating a gradually solidifying foundation for economic recovery [1]