Group 1 - The Federal Reserve's recent interest rate cut of 25 basis points is expected to lower corporate financing costs and improve profit outlooks for companies, contributing to a moderate economic growth of around 1.6% in the U.S. for the year [1] - As demand recovers and corporate confidence improves, the inventory cycle is anticipated to start, with core categories like apparel and home appliances reaching a low point in inventory-to-sales ratios, leading to a focus on inventory replenishment in the coming quarters [1] - The retail and e-commerce sectors are likely to see a rebound in orders and faster turnover, indicating a positive trend for these industries [1] Group 2 - The U.S. dollar is showing signs of weakening, while the Chinese yuan is stabilizing and appreciating against the dollar, with significant increases in both onshore and offshore yuan exchange rates in August [4] - The depreciation of the yuan over the past two years has provided substantial financial benefits to cross-border enterprises, but these companies will need to consider locking in future exchange rates to maintain currency neutrality as the market stabilizes [4] - The full impact of the interest rate cuts on cross-border industries will gradually become evident over the next few quarters, with the expectation that the benefits will take time to materialize [4]