从业绩变动原因来看，外部贸易环境的变化是重要影响因素。2025年9月1日，双塔食品公告称欧盟委员 会对中国产高蛋白豌豆蛋白（干重基础上蛋白质含量超 65%）启动反倾销调查，调查期为 2024 年7月1 日至2025 年6月30日，而豌豆蛋白是公司核心产品之一。事实上，这并非公司首次面临海外贸易壁垒： 2024 年7月，美国商务部对中国豌豆蛋白作出 "双反" 终裁，双塔食品被裁定征收 269.77% 的反倾销税 和 15.15% 的反补贴税；同年 4 月，加拿大也已启动对中国豌豆蛋白的 "双反" 调查。 海外市场对双塔食品营收贡献较高，2025 年上半年公司国外营业收入 4.83 亿元，占总营业收入的 46.11%。其中，欧盟市场占比从 2024 年的 3.92% 提升至 2025 年上半年的 6.48%，刚成为营收增长的潜 在增长点，便遭遇反倾销调查，给这部分业务的后续发展带来不确定性。此前美国市场受 "双反" 影 响，公司对美出口已基本停滞，如今欧盟市场再遇挑战，进一步加剧了海外营收压力。 除外部因素外，内部经营压力也对盈利产生影响。根据三季报解释，公司资产减值损失较期初增加 40.42%，主要因淀粉库存增 ...

股价从历史低点快速冲高，导致部分卖空者紧急平仓止损，周三该股收跌1.1%，盘中曾暴涨112%，盘 后更跌超10%至3.20美元。S3 Partners预测分析总经理Ihor Dusaniwsky指出，当前空头呈现双向操作： 被挤压者加速空头回补，也有空头因涨幅过高、过快，认定回调不可避免，选择加码做空。尽管空头权 益占流通股比例近几个交易日回落，但过去30天仍增加超500万股，显示分歧加剧。 本轮飙升始于上周五，周一延续涨势。消息面上，交易员Demitri Semenikhin在社交媒体大举推荐该 股，手法与新冠疫情期间Keith Gill(网名Roaring Kitty)助推游戏驿站(GME.US)股价暴涨如出一辙。周 三，沃尔玛宣布将Beyond Meat产品供应范围扩大至超2000家门店，进一步推高股价。 Dusaniwsky将当前场景比作游戏驿站事件：部分空头被挤压出局，也有空头因涨幅过快、过高而加码做 空。这场由散户注意力驱动的meme股狂潮，再次印证困境公司股价在短期投机资金涌入下的极端波动 特性，而空头阵营的分化操作，更凸显市场对高估值标的分歧加剧的常态。 来源：智通财经APP 植物蛋白生产商B ...

Investment Dynamics - Ajinomoto Co., Inc. announced a strategic investment in Australian plant-based protein company v2food, aiming to build a global sustainable protein industry alongside its acquisition of the U.S. brand Daring Foods [3] - v2food's unique "v2 RepliTech™" technology optimizes the taste of plant proteins, and its collaboration with CSIRO enhances its R&D capabilities [3] - v2food plans to leverage Daring Foods' retail network and brand recognition in the U.S. to promote its product range [3] Brand Dynamics - Anta Group signed an agreement with South Korean e-commerce platform Musinsa to establish a joint venture in China, with Anta holding 40% and Musinsa 60% [5] - The joint venture allows Anta to share profits without heavy investment in store openings, reducing expansion risks while retaining options for future equity increases [5] Retail Developments - JD.com plans to open five discount supermarkets in Suqian, Jiangsu, and Zhuozhou, Hebei, marking its first large-scale discount supermarket format in China [8] - The discount supermarkets will feature a large store format with a wide range of SKUs, with the Zhuozhou store covering 5,000 square meters and offering over 5,000 competitively priced daily goods [8] - This move is part of JD.com's strategy to penetrate lower-tier markets, following successful pilot stores in Beijing [8] Real Estate Transactions - JLL announced the sale of eight prime retail properties in Hong Kong, all leased to McDonald's, providing stable income for investors [11] - The total market value of the assets is approximately HKD 1.2 billion, with options for full acquisition or individual bids [12] - The "sell and lease back" model employed by McDonald's may inspire other brands with substantial property holdings to consider similar strategies [12] Market Expansion - Bawang Tea Ji is accelerating its expansion in Asia, planning to enter the Japanese and South Korean markets after establishing a presence in Indonesia, Thailand, and Vietnam [16] - The company aims to leverage the growing consumer power in Asia, particularly among millennials, to replicate the success of coffee in the tea beverage sector [16] Financial Performance - Revolve reported a 9% increase in overall sales for Q2, reaching USD 309 million, with its department sales also growing by 9% to USD 268.4 million [19] - The growth is attributed to an increase in proprietary brand offerings, which help reduce costs and attract consumer attention [19] Collaborations and Product Launches - Starbucks collaborated with fragment design to launch a new beverage, "BBTEA by FRAGMENT," inspired by Hong Kong-style tea, along with a reusable cup featuring the fragment logo [21] - This collaboration emphasizes the creative integration of product offerings, enhancing brand engagement and consumer interest [21] Personnel Changes - Prada Group announced the promotion of Christopher Bugg to Chief Communications Officer, overseeing global communication strategies for the group and its brands [27] - Bugg's appointment is seen as a strategic move to strengthen the group's brand positioning following the acquisition of Versace [27] Board Appointments - a2 Milk Company appointed Grant Dempsey, former CFO of TPG Telecom and with a background in investment banking, to its board [29] - This appointment is viewed as a signal to enhance investor communication quality and provide diverse perspectives for future strategic expansion [29]