但稍微算笔账就清楚，中国大豆进口市场规模约610亿美元，而中美全年贸易逆差高达2954亿美元。靠 增加大豆进口填补这么大的贸易逆差，显然不现实。中国作为全球最大的大豆进口国之一，过去中美贸 易正常时，美国有一半大豆销往中国。可贸易战打响后，巴西迅速填补了空缺，现在中国70%的大豆来 自巴西。更重要的是，因为中巴贸易规则顺畅，巴西大豆价格比美国低不少。从市场角度看，中国企业 没理由舍近求远，去买更贵的美国大豆。 据直新闻报道，2025年8月12日，中美发布《中美斯德哥尔摩经贸会谈联合声明》，同意延长双方关税 措施90天。 这份声明的落地并不意外，但背后的博弈耐人寻味。就在前一天，关税暂停期即将到期的最后24小时， 还有外国媒体记者追问中国外交部相关话题，意图施压。中国外交部的回应始终沉稳，强调希望美方按 两国元首共识，在平等尊重基础上推进磋商。其实中方早就在斯德哥尔摩谈判中明确同意延期，真正犹 豫拖延的是美国。 特朗普把签字拖到最后一刻，这是他惯用的极限施压手段。想借着期限临近的压力，让中国接受更多条 件。他最近就在社交媒体上公开喊话，希望中国把美国大豆的订单量提高4倍。他觉得这能大幅缩小中 美贸易逆差，还说美 ...

Core Viewpoint - The domestic semiconductor industry is experiencing a strong rise, particularly in the AI sector, with significant trading activity in the Huabao Science and Technology Artificial Intelligence ETF (589520) [1] Group 1: ETF Performance - The Huabao Science and Technology Artificial Intelligence ETF (589520) saw a price increase of 1.22% on August 13, with a trading volume of 55.24 million yuan, marking an 82% increase compared to the previous period [1] - The ETF's trading volume has reached a new high since its listing, indicating strong buying signals from investors, with a closing premium rate of 0.22% [1] Group 2: Component Stocks - Among the ETF's component stocks, Jingchen Co. led with an increase of over 8%, followed by Lexin Technology with over 5%, and Youkede with over 3% [1] - The largest weighted stock, Cambricon, rose by over 1%, with a trading volume of 11.36 billion yuan, ranking fourth in the A-share trading list [1] Group 3: Industry Insights - The electronics and computer sectors are the top two heavy-weight industries in the Huabao ETF, accounting for 51% and 36.7% of the index, respectively [1] - Major inflows of capital were observed in the electronics and computer sectors, with net inflows of 17.23 billion yuan and 10.40 billion yuan, respectively, ranking first and fifth among 31 primary industries [3] Group 4: Company Earnings - Jingchen Co. reported a revenue of 3.33 billion yuan for the first half of 2025, a year-on-year increase of 10.42%, with a net profit of 497 million yuan, up 37.12% [5] - Among the 30 component stocks of the ETF, five have disclosed mid-year performance, all showing year-on-year revenue growth, with Aobi Zhongguang leading at a 104% increase [5][6] Group 5: Market Trends - The semiconductor cycle is currently in an upward trend, driven by strong AI demand and a recovery in the industrial sector, with domestic semiconductor manufacturers expected to benefit significantly from the ongoing AI industry development [6] - The focus on domestic AI industry chains and the strong characteristics of domestic substitution in the Huabao ETF suggest a robust growth potential in the sector [7]

今日（8月13日）重点布局国产AI产业链的科创人工智能ETF华宝（589520）场内价格一度涨超1%，现涨0.81%，盘中股价上探0.996元，突破上市以来的高 点！实时成交额4016万元，已超昨日全天成交额，交投较为活跃！ 资金买点信号显现？科创人工智能ETF华宝（589520）放量突破上市高点，ETF场内频现溢价区间，显示买盘资金更为强势！伴随成交放量，或有资金进场 布局！ 成份股方面，晶晨股份涨超7%，优刻得涨逾4%，奥普特涨超2%，芯原股份、合合信息、新点软件等个股跟涨。 资金面上，截至发稿，电子、计算机板块分别获主力资金净流入101.63亿元、96.30亿元，高居31个申万一级行业前两位！ | 专部股票 | Wind概念板块 | Wind主题行业 | 申万一级行业 | 申万二级行业 | | --- | --- | --- | --- | --- | | 代码 | 名称 | | 主力净流入额 ▼ | 涨跌幅 | | 801080 | 电子(申万) | | 101.63亿 | 1.65% | | 801750 | 计算机(申万) | | 96.30亿 | 1.08% | | 801880 | 汽车(申万 ...

ETF放量突破上市高点！资金买点信号显现？科创人工智能ETF（589520）场内频现溢价区间，买盘资金强势！ 今日（8月13日）重点布局国产AI产业链的科创人工智能ETF华宝（589520）场内价格一度涨超1%，现涨0．81%，盘中股价上探0．996 元，突破上市以来的高点！实时成交额4016万元，已超昨日全天成交额，交投较为活跃！ 资金买点信号显现？科创人工智能ETF华宝（589520）放量突破上市高点，ETF场内频现溢价区间，显示买盘资金更为强势！伴随成交放 量，或有资金进场布局！ 消息面上，美国总统特朗普周一称，可能会允许英伟达公司在华销售"特供版"Blackwell人工智能芯片，该版本芯片性能很可能比此前获准 对华销售的H20芯片更为强大。另外也有消息称，英伟达和AMD与特朗普政府达成特殊协议，同意将特供中国芯片收入的15%上缴美国 政府以换取出口许可证。 值得关注的是，此前，英伟达算力芯片被曝出存在严重安全问题，国家网信办于7月31日约谈了英伟达公司。市场分析人士指出，若隐患 坐实，将直接威胁中国云计算、AI、智慧城市等关键领域的数据主权与系统安全。网信办约谈英伟达，释放国家筑牢芯片安全防线的信 号 ...

Group 1: Low Altitude Economy and AI Development - The National Development and Reform Commission held a training session to promote the high-quality development of the low-altitude economy, aiming to enhance local development capabilities [2] - Guangzhou government is increasing efforts to attract investment in key digital service institutions, particularly in blockchain and artificial intelligence [4] - The Suzhou Artificial Intelligence (Taihu) Computing Center has been officially put into operation with a total investment exceeding 2 billion, providing significant computing power [5][6] Group 2: Industry Collaboration and Consensus - Key dry-process lithium battery separator manufacturers reached a consensus to address "involution" competition, agreeing on price discipline, capacity release, and industry chain cooperation [1] - Companies like Xingyuan Material, ZTE New Materials, and others shared their production and sales plans for 2024 and 2025 during a closed-door meeting [1] Group 3: Corporate Developments - Jin Chengzi plans to acquire a 55% stake in Samit through a combination of share issuance and cash payment, with the stock set to resume trading [7] - Zhenlei Technology reported a net profit increase of 1006.99% year-on-year for the first half of 2025, driven by strong demand in various sectors [8] - China Unicom announced a cash dividend of 1.112 yuan per 10 shares, totaling approximately 3.477 billion yuan [10]

Group 1 - The US and China have agreed to suspend the implementation of 24% tariffs on each other's goods for 90 days starting from August 12, 2023 [2] - A new personal consumption loan subsidy policy has been introduced, allowing eligible loans to receive financial subsidies from September 1, 2025, to August 31, 2026, with a maximum subsidy of 3,000 yuan per person [2] - A loan subsidy policy for service industry operators has been issued, providing financial subsidies for loans up to 1 million yuan for specific sectors including catering, health, and tourism [2] Group 2 - The US CPI for July remained flat at 2.7%, lower than the expected 2.8%, while the core CPI rose by 3.1%, exceeding expectations [3] - The market anticipates a greater than 90% probability of the Federal Reserve lowering interest rates in September following the CPI data release [3] Group 3 - The A-share market continues to show a slow bull trend, with major indices reaching new highs for the year, particularly in the semiconductor sector [5] - The Hong Kong Hang Seng Index rose by 0.25%, while the Hang Seng Technology Index fell by 0.38% [6] - The A-share financing balance has surpassed 2 trillion yuan for the first time in ten years, indicating strong interest in sectors like electronics and pharmaceuticals [6] Group 4 - Tencent Music reported a 17.9% year-on-year increase in total revenue for Q2, reaching 8.44 billion yuan, with a 33% growth in adjusted net profit [7] - The company has seen a 6.3% increase in the number of paid online music users, totaling 124.4 million [7] Group 5 - The domestic stock market and commodities continue to show strength, while the bond market remains under pressure, with the 30-year government bond yield surpassing 2% [23] - The US Treasury Department reported a significant increase in tariff revenue, reaching $28 billion in July, a 273% year-on-year increase [18]

林剑： 关于中美斯德哥尔摩经贸会谈，中国商务部已发布了消息，具体问题请向主管部门询问。中方在中美 关系和中美经贸问题上的立场是一贯、明确的。 特朗普希望中国将大豆订单增加3倍 外交部回应 有记者提问： 美国总统特朗普在"真实社交"平台发帖称，希望中国能将大豆订单增加3倍，这将是大幅削减中 美贸易逆差的途径。中方对此有何评论？ 林剑： 具体问题建议向主管部门询问。中方在中美经贸问题上的立场是一贯、明确的。 2025年8月12日，外交部发言人林剑答记者问。 外交部回应中美将关税"休战期"延长90天 有记者提问： 中美将关税"休战期"延长了90天。美国总统特朗普在此次延期行政令中称，美国将继续与中国 对话，以"解决双方经济关系中缺乏贸易互惠以及由此产生的国家经济安全问题"。特朗普还称，"我们将看看 会发生什么"，并强调其与中国领导人的良好关系。中方对此有何评论？ 特朗普暗示放宽英伟达对华出口"特供版"AI芯片 外交部回应 有记者提问： 据报道，美国总统特朗普周一称，可能会允许英伟达公司在华销售"特供版"Blackwell人工智能 芯片，该版本芯片性能很可能比此前获准对华销售的H20芯片更为强大。中方对此有何评论？ ...

来源：外交部网站 中美将关税"休战期"延长了90天，特朗普称美国将继续与中国对话，中方回应 8月12日，外交部发言人 林剑 答记者问 。 有记者提问：中美将关税"休战期"延长了90天。美国总统特朗普在此次延期行政令中称，美 国将继续与中国对话，以"解决双方经济关系中缺乏贸易互惠以及由此产生的国家经济安全问 题"。特朗普还称，"我们将看看会发生什么"，并强调其与中国领导人的良好关系。中方对此 有何评论？ 林剑：具体问题请向中方主管部门询问。中方已多次表明在美输华芯片问题上的原则立场， 希望美方以实际行动维护全球产供链稳定畅通。 特朗普将会晤普京，泽连斯基和欧盟代表未被邀请，中方表态 乌通社记者：美国总统特朗普将于15日同俄罗斯总统普京会晤，而乌克兰总统泽连斯基和欧 盟代表未被邀请参加。此次会晤将讨论乌克兰议题，但却没有乌、欧方面参与。中方对这种 情况作何评论？中方认为抛开相关国家达成协议，对于这些国家来说是否公平、可接受且有 约束力？ 林剑：关于中美斯德哥尔摩经贸会谈，中国商务部已发布了消息，具体问题请向主管部门询 问。中方在中美关系和中美经贸问题上的立场是一贯、明确的。 特朗普希望中国增加三倍大豆订单，外交部 ...

据外交部官网，外交部发言人林剑8月12日答记者问。以下为部分问答实录。 路透社记者：据报道， 美国总统特朗普周一称，可能会允许英伟达公司在华销售"特供版"Blackwell人工智能芯片，该版本芯片性能很可能比此前获 准对华销售的H20芯片更为强大。 中方对此有何评论？ 林剑：具体问题请向中方主管部门询问。中方已多次表明在美输华芯片问题上的原则立场，希望美方以实际行动维护全球产供链稳定畅通。 ...

微信编辑 | 夏木 2025.08. 12 图源：中国外交部官网资料图 本文字数：304，阅读时长大约1分钟 据央视新闻，2025年8月12日外交部发言人林剑答记者问。 有记者提问：据报道，美国总统特朗普周一称，可能会允许英伟达公司在华销售"特供版"Blackwell人工智能芯片，该版本芯片性能很可能比 此前获准对华销售的H20芯片更为强大。中方对此有何评论？ 林剑：具体问题请向中方主管部门询问。中方已多次表明在美输华芯片问题上的原则立场，希望美方以实际行动维护全球产供链稳定畅通。 第一财经持续追踪财经热点。若您掌握公司动态、行业趋势、金融事件等有价值的线索，欢迎提供。 专用邮箱： bianjibu@yicai.com （注：我们会对线索进行核实。您的隐私将严格保密。） 推荐阅读 多个"新大学"首年招生分数线直超985高校，原因何在 ...