Source: Bloomberg, 0:00

财联社3月29日讯（编辑 宣林） 据Choice数据统计，截至今日，沪深两市 本周共120家上市公司接受机构调研 。按行业划分， 电子、医药生物和机械设备 行业接受机构调研频度最高。此外，食品饮料、商贸零售等行业关注度有所提升。 细分领域看， 半导体、汽车零部件和通用设备 板块位列机构关注度前三名。此外，中药、化学制药等行业机构关注度提升。 具体上市公司方面，据Choice数据统计， 英唐智控 、 建发合诚 、 益生股份 、 威胜信息 、 双汇发展 、 平安银行 、 中集环科 、 TCL智家 、 鼎龙股份 和 粤海饲料 接受调研次数最多，均达到2次。 从机构来访接待量统计， 三花智控 、 源杰科技 和 云天化 排名前三，机构来访接待量分别达285家、189家和134家 。 市场表现看， 锂电池概念股本周表现活跃。 融捷股份 周四发布机构调研纪要表示， 公司2025年度通过矿山自选和委外加工共产出锂精矿18.56万吨， 2026年公司锂矿采选业务将深化提质增效措施， 持续提升产出规模，实现业绩持续向好。 二级市场上， 融捷股份周五收盘录得4连板。 新宙邦 周二发布机构调研纪要表示，目前重点推进的海外项目中， 东南亚（马来西亚）项目建设电解液及核心材料生产基地， 目前为东南亚地区该领域规模领先的生产基地， 预计2026年底投产 ；欧洲（波兰）项目一期电解液产能已投产，二期拟进一步扩产；美国（俄亥俄州）项目已完成用地购置，筹建电解液及电池化学品基地， 布局北美高增长锂电市场。 大为股份 周二发布机构调研纪要表示，2026年，新能源业务将聚焦 郴州锂电项目规模化推进与碳酸锂业务产业链延伸 ：一是协同多方资源， 加快探矿权转采矿权进程 ，力争缩短审批周期，确保碳酸锂工厂按期建成投产；二是优化伴生矿综合回收工业化生产参数，提升资源综合利用效率；三是 持续拓展碳酸锂业务上下游资源 ，丰富客户结构与产品类型，强化产业链贯通能力；四是跟踪固态电池等新兴需求，未来公司将 围绕固态电池等相关新型材料进行研究和投资 ，借助矿山基础深耕锂电新材料行业。

Bloomberg Anchor of Horizons Middle East & Africa Joumanna Bercetche and Nancy Youssef, Staff Writer at The Atlantic, join David Gura and Christina Ruffini this morning on Bloomberg This Weekend for a wide-ranging conversation on the United States' military posture in the Middle East and the strategic implications and the risks of becoming bogged down in protracted military engagement. Watch the full interview on Bloomberg This Weekend and watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)

格隆汇3月29日丨据央视财经，在全球能源危机以及燃油价格飙升的背景下，埃及总理马德布利当地时间28日宣布，将采取多项节能措施，以应对冲击。埃及将放缓涉及高汽油和柴油消耗的大型国家项目实施进度，持续时间至少两个月，同时将所有政府车辆的燃油配给量削减30%。马德布利还表示，除服务业和制造业之外，埃及的公共和私营部门将在4月的每个周日，也就是每周的第一个工作日实行远程办公。由于埃及能源高度依赖进口，此前，政府已上调燃油价格和公共交通票价，以应对全球能源市场波动。

Attendees at Conservative Political Action Conference express support and concerns amid rift over Trump’s action Wherever you go, there you are, the saying goes. It was a lesson Donald Trump’s Maga faithful may have been reminded of last week when they gathered in a convention center near Dallas for a revival of the president’s political movement, only to find that there was no escape from the problems it faces. The annual Conservative Political Action Conference (CPAC) is usually a place of optimism, if not, triumph. It was on its stage last year that Elon Musk pumped a chainsaw in the air amid his abortive foray into clear cutting government bureaucracy, and where JD Vance named undocumented immigration as the “ greatest threat ” facing the United States and Europe. Trump is a regular, regaling the audience with lengthy monologues about his accomplishments. Continue reading...

F1 finds itself in something of a tangled web as it tries to refine the new rules, improve safety and ensure the drivers are happy without compromising racing.

mbbirdy/E+ via Getty Images A surge in oil prices tied to conflict in the Middle East has triggered a sharp selloff in U.S. Treasurys, undermining one of investors’ traditional safe havens. Instead of cushioning market volatility, bonds have dropped alongside equities, amplifying stress across financial markets, The Wall Street Journal reported. The disruption to energy flows, particularly fears around the Strait of Hormuz, has driven one of the largest oil spikes in recent memory. That has raised concerns about renewed inflation, pushing interest rates higher and weighing on both stocks and bonds. Major equity indexes have slid to multi-month lows, while Treasury prices have fallen, sending yields sharply upward. The classic balanced portfolio has taken a hit. The iShares Core 60/40 Balanced Allocation ETF ( AOR ), a widely followed 60/40 stock-bond exchange-traded fund, has declined more than 6% since the conflict escalated in late February, highlighting how few places investors have found to hide. Higher yields are also feeding into the broader economy. The 10-year Treasury yield ( US10Y ) has climbed roughly half a percentage point, lifting borrowing costs across the board. Mortgage rates have jumped back above 6.3%, threatening momentum in the housing market just as the spring buying season begins. Market dynamics appear to be reinforcing the selloff. Some leveraged investors have been forced to liquidate bond positions to meet margin calls, while others are reluctant to step in amid ongoing volatility. The result is a feedback loop that continues to pressure prices. The shift has caught many investors off guard. Prior to the conflict, expectations were building for lower rates, with markets pricing in multiple Federal Reserve cuts this year. Initially, bonds rallied when hostilities began, reflecting a typical flight to safety. That move quickly reversed as oil prices surged, reviving inflation fears. There is still debate about where yields ultimately head. A...

Pope Leo XIV rejected claims that God justifies war and prayed especially for Christians in the Middle East during a Palm Sunday Mass before tens of thousands of people in St. Peter's Square. (Image credit: Remo Casilli)

Plus, Apple’s autocorrect fix, Sora’s untimely demise, Nvidia’s iron grip on the AI industry and the 10-year feud shaping AI’s future.

Amazon's humanoid bet isn't about competing with Tesla's factory robots. Its about quietly building the operating system for the home.

Key PointsAmazon is shifting from failed hardware attempts to a software-first, social robot platform (via Fauna) that could plug directly into Alexa and Prime.

格隆汇3月29日丨据经济观察报，近日，北大光华管理学院院长刘俏接受专访。谈及资本市场，刘俏认为，中国股市具备“慢牛”的基础，核心支撑有两点：一是中国经济的长期增长潜力为股市提供了基本面支撑；二是上市公司质量在持续改善。刘俏判断，今年下半年或最迟明年，中国物价指数将进入正增长区间，延续近三年的物价下行态势有望扭转，这将对资本市场形成有力支撑。关于散户在股市赚钱难的问题，刘俏表示，当前市场存在一个普遍的认知误区，认为交易越活跃市场越有活力。事实上，中国A股市场交易量与定价效率之间是反比关系，交易量越大，定价效率反而越低。核心原因是散户占主导的投资者结构。目前A股60%的交易量由个人投资者贡献，但这些交易普遍缺乏“信息含量”。刘俏说，用学术语言讲，散户交易属于“噪音交易”。要提高A股市场定价效率和股价的信息含量，改变投资者结构是关键。

歌手李荣浩指单依纯在未获授权的情况下演唱其作品《李白》构成侵权，而吴向飞随后反指李荣浩曾未经授权演唱其创作的《路一直都在》，引发关于演唱会版权合规性的广泛争议。 3月29日，歌手李荣浩在社交平台公开发文喊话歌手单依纯冲上热搜，称对方在被婉拒翻唱授权的情况下，强行侵权演唱《李白》。 李荣浩公开表示：“近日，单依纯方针对3/28、3/29深圳演唱会致电中国著作权协会与我方版权公司征求授权在演唱会中翻唱《李白》，我方已以邮件形式明确婉拒了这个版权邀约案件，但单依纯方在没有拿到授权的情形下，仍在3月28日的深圳演唱会上强行侵权演唱。” 单依纯今日发文道歉，表示她也在了解情况。 戏剧性的是，之后，歌手吴向飞又公开喊话李荣浩称：“最近我发现李荣浩曾公开演唱我写的《路一直都在》，没向我取得授权，也没有向我支付任何使用费。” 李荣浩方面迅速对吴向飞回应称：“麻烦您清楚列明几点以便大家判断：1.您说的演出是哪年哪一场；2.您说的演出中我是主唱身份的个人演唱会吗？我刚查询了一次我并未在个人演唱会或音乐节或晚会中唱过这首歌曲；3.是否有任何公司事先向您请求授权；4.若最终责任人主体是我我一定公开赔偿道歉并承认错误，再严重的后果我自愿承担绝不推辞。” 今日晚间，李荣浩再次敦促吴向飞给出相关证据。吴向飞今日晚间八点一刻在社交平台上公开称：“当天表演《路一直都在》这首歌，如果是活动方要求歌手唱的，李荣浩作为表演者，表演开始之前有没有向主办方核实该歌曲是否取得了词曲作者的授权？如果李荣浩没有这一动作，我认为歌手未尽到取得合法授权的义务。如果当天，这首歌是歌手自己要求唱的，李荣浩作为我很欣赏的创作歌手，应该知道，公开表演他人作品，事先和作者打声招呼，既是礼貌也是基本尊重。” 对于侵权问题，上海浦茂律师事务所主任律师彭涛告诉第一财经记者，歌曲、影视作品等都是有版权的，如果其他人或机构等要将歌曲用于商业演出，即产生收益的项目，那么必须要经过版权方同意和授权。如果没有获得版权方的同意和授权就进行商业演出的话，这是构成侵权的。一旦司法最终判定构成侵权的话，相关人员或机构是要承担侵权责任的。如果版权方要求赔偿的话，那么侵权方就要进行赔偿，具体赔偿包括经济损失、赔礼道歉等。 为何一首歌曲会引发轩然大波？ “作为主办方或者艺人团队，大家都希望能减少各类成本，卖出更多门票，来增加收益，除了舞台、场地、人员、服化道...

spawns/iStock via Getty Images Wars rarely stay where they start. The Israeli and American military campaign against Iran - the most direct confrontation with Tehran in decades - has sent shockwaves well beyond the Middle East. The fog of war obscures the tactical picture almost daily, but the economic transmission mechanisms are clear enough, and investors who mistake this for a regional skirmish over energy do so at their peril. One-Two Punch The first punch is inflationary. Iran is not a bit player in global commodity markets. It sits atop some of the world's most consequential supply chains - not just oil and gas, which command the headlines, but sulfur and urea, which quietly underpin the global food system. Sulfur is a critical feedstock for phosphate fertilizers. Disrupt that supply, and you are not merely raising the price of a barrel of crude; you are raising the price of wheat in Egypt, corn in Brazil, and bread in Lagos. Energy markets feel the shock first and most visibly, but the agricultural commodity complex is where the second-order damage accumulates, slowly and with devastating effect on the world's most food-insecure populations. Industrial commodities, like aluminum and helium (essential for semiconductor fabrication), have also been disrupted. The second punch destroys demand. That is the cruel arithmetic of commodity shocks. The same price surge that generates windfall revenues for producers squeezes household budgets everywhere else, sapping the consumer spending that drives global growth. It boosts input costs for many manufacturers, and corporate margins compress. Capital expenditure plans go on hold. The very inflation that appears to signal economic heat is, in this context, a leading indicator of demand destruction. Central banks find themselves in the most uncomfortable of positions: facing prices that argue for tightening while growth signals argue for caution. It is stagflation's calling card, and it arrived before most were ready to r...

'Incredibly Problematic' - Iran Destroys US AWACS Jet At Saudi Airbase In a major feat that comes weeks after the White House claimed that Iran's ballistic missile capability had been "functionally destroyed," Iran has laid waste to one of only 16 American E-3 Sentry Airborne Warning and Control System (AWACS) aircraft in the world , sending $500 million worth of technology up in smoke and crimping the US military's ability to maintain situational awareness. The same attack also "damaged" several aerial refueling tankers and added a dozen service members to the tally of more than 300 who've been wounded in the month-long US-Israeli war on Iran . Thirteen have been killed. In recent days, foreign satellite images showed what appeared to be major damage at Prince Sultan Air Base, a U.S. military base located in Al Kharj, Saudi Arabia. The images show damage on the base's main apron, which holds high-value aircraft. While high-resolution commercial satellite imagery of the region from U.S.-based geospatial companies will be delayed for days, if not weeks, new ground-level photos apparently show the aftermath of Iranian drone and missile strikes. Images have emerged revealing that the Wall Street Journal's initial report that the half-billion-dollar aircraft was merely "damaged" was an enormous understatement. Rather, a large portion of the fuselage has been obliterated, along with the distinctive 30-foot-diameter, 6-foot-thick rotating radar dome that's mounted atop AWACS aircraft. The images of the destroyed E-3 Sentry were first posted on the Air Force amn/nco/snco Facebook page: According to military aviation aficionados , the identifier "OK 81-0005" -- visible on the severed tail -- confirms this particular aircraft was an E-3G named "Captain Planet," which deployed to the Middle East theater from Oklahoma's Tinker Air Force Base. It's not clear if any of the recently-wounded service members were associated with the aircraft, which was destroyed in a missile-and-dr...

A small cargo of Saudi crude is heading to Pakistan after crossing the Strait of Hormuz along a route hugging the Iranian coastline. A total of seven vessels were visible leaving the Persian Gulf on Saturday. In addition to the oil tanker, two liquefied petroleum gas tankers and four bulk carriers headed out of the Gulf on Saturday, according to tracking data compiled by Bloomberg. All seven ships appear to have followed a northerly route that passes through a narrow gap between the two Iranian islands of Larak and Qeshm as Tehran tightens its grip on the waterway. Iran’s parliament is working on a draft bill that would impose a fee on vessels seeking safe passage. Shipping through Hormuz remains at a small fraction of prewar levels. Vessel-tracking is hampered by electronic interference of ships’ signals, and some disable their AIS transponders in high-risk waters, further reducing the timeliness and reliability of tracking data. Iran-linked crude tankers continue to cross Hormuz with their transponders turned off, with the flow averaging about 1.6 million barrels a day in the first 23 days of March, according to Tankertrackers.com . It was reported this weekend that Tehran has given approval for seven Malaysian tankers to leave the Persian Gulf. The stranded vessels will be able to sail soon, the Star said, citing Malaysian Foreign Minister Mohamad Hasan. Iran has also agreed to allow 20 more Pakistani-flagged ships to pass through Hormuz, according to Pakistan Foreign Minister Ishaq Dar. Outbound Transits The most notable outbound transit on Saturday was the oil tanker P. Aliki, hauling about 650,000 barrels of Saudi crude to Pakistan, according to vessel-tracking data compiled by Bloomberg. In addition, two LPG carriers that crossed the strait Saturday — initially reported in yesterday’s tracker — are heading for India. Four bulk carriers were seen making the outbound transit on Saturday, with two Iranian-flagged vessels adding to an initial two reported yesterd...

Prediction markets are pricing in a more deliberate path for SpaceX ( SPACE ) to go public. Last week, The Information reported that the company is looking to file its IPO prospectus as early as this week. Elon Musk's company could raise around $70B to $75B, with a value of up to $1.75T, according to reports. But on Kalshi, bettors price in only a 6% chance that SpaceX officially announces its IPO before May 1 (defined as the SEC declaring the company's Form S-1 effective, the IPO pricing, or a securities exchange assigning a ticker to it). There is a 23% chance of a filing before June 1 and a 60% chance of it before July 1. On Polymarket, there is a 59% chance that SpaceX completes the entire IPO process by June 30. Kalshi More on SpaceX SpaceX IPO: What I Learned From ULA's Heydays SpaceX-xAI Deal: Building America's New Icon SpaceX IPO's $700 Billion Valuation Increase Benchmarked By Rocket Lab SA Asks: What's the most attractive space stock right now? X moves 'TweetDeck' to its $40 monthly plan without a heads-up

由于机构持有占比过高，一旦资金“清仓”，养老FOF只能清盘。 养老FOF迎来一轮集中清算。 Wind数据显示，截至3月29日，年内已有11只养老FOF清盘（以清算结束日计，仅统计初始基金），涉及中欧、华安、工银瑞信等6家公募基金机构。这一数字已接近去年全年的14只，清盘节奏显著加快。 一位公募人士告诉第一财经记者，从养老FOF持有人结构看，机构投资者持有比例普遍较高，部分产品机构资金占比超过90%。一旦机构资金集中赎回，产品规模迅速跌破清盘线，清盘便成为必然结局。 清盘节奏加快 具体看来，年内不到3个月时间清算结束的养老FOF产品已达11只，相较2024～2025年全年的12只、14只，清盘节奏明显加快。 “长不大”依旧是养老FOF产品发展的主要问题，这些产品集中成立于2022年至2023年期间，清盘原因均为成立满三年时规模不足2亿元触发合同终止条款。 具体看来，最近一批正式“退休”的养老FOF，是英大基金的3只产品，分别为英大延福养老2035三年持有、英大延福养老2055三年持有、英大延福养老2060三年持有，均于3月2日开始清算，3月11日清算结束。截至2026年2月27日最后一次披露净值日，上述三只FOF成立以来累计收益率分别为10.37%、4.9%、15.25%。 年内“退休”3只养老FOF的还有中欧基金，其中，中欧预见养老目标2045三年持有A、中欧预见平衡养老三年持有A分别于2026年1月2日开始清算、中欧预见养老2055五年持有A于2025年年底开始清算，这3只产品存续期间，均由基金经理邓达一人管理。 2025年三季度末，邓达首次跻身百亿基金经理阵营，也是此次被统计的11只养老FOF产品中唯一的百亿基金经理。 此外，华安养老目标2050五年持有以及华安养老目标2035三年持有，均于今年1月相继清盘，由基金经理何移直一人独管。 机构资金成“双刃剑” 由于机构持有占比过高，一旦资金“清仓”，养老FOF只能面临清盘结局。 例如，华安养老目标2050五年持有、华安养老目标2035三年持有两只FOF自成立以来，机构持有比例持续约99%；在基金存续期，工银积极养老目标五年持有、鹏华养老2040五年持有的机构持有比例分别为95%、67%；另外，中加安瑞积极养老五年持有在2024年、2025年上半年时，机构持有比例均超58%，在2023年全年至2024年上半年，机构持...

Lyons, 45, was taken into custody on the Indonesian island shortly after he arrived on a flight from Singapore.

美国有线电视新闻网的一名记者在3月27日发布的视频中表示，他和他的团队在约旦河西岸地区拍摄时被以军士兵扣押。视频显示，以军士兵用枪指向拍摄团队，并强制他们坐在地上，随后将他们带上车，扣押了两个小时。在记者与以军士兵交谈过程中，以色列士兵称，“整个约旦河西岸都是我们的”，定居点也会“逐渐”合法化。以军发布声明称，已就此事展开调查。（CCTV国际时讯）

空间智能独角兽公司群核科技更新聆讯后资料集，已通过港交所上市聆讯。本次IPO由摩根大通和建银国际担任联席保荐人。若挂牌成功，群核科技将成为“全球空间智能第一股”，并是“杭州六小龙”中首家完成IPO的企业。（科创板日报）

Apple's most legendary computer has two legacies: there's the computer itself, and there's the commercial. That commercial. Only a couple of days before Steve Jobs debuted the computer that would both help cement his legacy and contribute to his unceremonious exile from Apple, the company dropped a Super Bowl ad that is still one of the most iconic commercials of all time. It raised both the hype and the stakes for the Macintosh in a big way. The Macintosh wasn't a great computer, at least at first. It didn't have enough memory; there wasn't enough software that supported it; it wasn't customizable in the ways PC users needed at the time. I … Read the full story at The Verge.

The European Union (EU) is a bystander in the Iran war, but it might end up sustaining significant collateral damage. On one hand, public opinion across Europe is opposed to a conflict that circumvents the core principles of international law. On the other, the continent remains deeply reliant on the United States for its energy and security needs. A definitive anti-war stance risks alienating President Donald Trump, leaving Europe strategically exposed. Talk about being caught between a rock...

There are better ways to raise money than jeopardising a model that draws visitors to Britain and has huge benefits for the wider economy Twenty-five years ago, the UK made the bold and generous gesture of making its national museums free to all. Suddenly, anyone from anywhere in the world could gaze at iconic works of art by the greatest artists in history without having to pay a penny. Many incredible artworks were suddenly accessible to everyone: Hepworth, Turner and Hockney at Tate Britain , and Bonnard, Picasso and Bourgeois at Tate Modern (which had both always been free) were now joined by Raphael at the V&A and Kapoor at the Walker Art Gallery, dramatic seascapes at the National Maritime Museum and bustling cityscapes at the Museum of London. And maybe afterwards they would reward the gallery by buying a slice of cake in the cafe or a print of their favourite work in the gift shop. In the years that followed, this policy proved to be a huge success. It led to a dramatic and sustained increase in audiences. Within the first decade, visits to museums which used to charge rose by 151% – the uplift was 180% at the Natural History Museum and V&A, and 269% at National Museums Liverpool. Is now really the moment to reverse direction by charging international tourists to access our museums and galleries, as ministers are proposing? Karin Hindsbo is interim director of Tate, and former director of Tate Modern, London and the National Museum, Oslo Continue reading...

Sundry Photography/iStock Editorial via Getty Images I last covered Unity Software (NYSE: U ) in October, moving from a prior "strong buy" back to a "buy" rating. At the time, I wrote that : "I'm still bullish on Unity, but the higher valuation and underwhelming Q2 results reduce my enthusiasm a bit." With the benefit of hindsight, I should have sold my position entirely at that point. Because, in this market, any software companies that deliver less than exemplary results have been decimated. While Unity has continued to show operational improvement, it hasn't been enough to offset the terrible sentiment that has afflicted the overall software industry. As a result, Unity has given back its gains from the past year and finds itself once again near its multi-year lows. This improved a bit with Friday's 13% rally, but shares are still at the lower end of the trading range: Data by YCharts The stock appeared to be breaking out to new highs as recently as December. After getting cut in half year-to-date, where does that leave the investment case for Unity Software going forward? An Excellent Earnings Pre-Announcement Unity Software appeared to be on course toward another dour week, with shares down about 10% heading into Friday's session. Understandable, given the difficult backdrop the market has been facing with the Iran War concerns along with the sell-off we've been seeing in many leading software and technology companies. However, Unity was able to snap its losing streak on Friday after pre-announcing its Q1 results : Data by YCharts The following table with Unity's preliminary Q1 numbers should give a sense of why sentiment turned on Friday: Unity Preliminary Q1 Results (Corporate Press Release) As this shows, Unity now anticipates announcing roughly $506 million of revenues, which is substantially above its prior $485 million mid-point guide. This preliminary figure would represent 17% year-over-year growth. It gets better when you dig into the details. Look at ...

Key PointsNetflix has grown exponentially over the past two decades, but not in a straight line.

With emerging markets on the brink of their worst month since 2022, TT International and AllianceBernstein are making a bold wager that this is a good time to buy. They’re betting on beaten-down securities, like emerging-market bonds, on the view on that central banks, rather than raise interest rates, will instead have to cut them to stave off a growth shock. It’s a contrarian view that was pushed into the spotlight this week after Pacific Investment Management Co. touted “opportunities to invest against the prevailing narrative.” “The market has priced the wrong risk,” said Jean-Charles Sambor , head of emerging-market debt at TT International Asset Management. “We’ve started to buy emerging-market credit and local bonds.” He said he recently added Polish and Czech local-currency bonds, as well as dollar-denominated Venezuelan and Lebanese securities. Dip-buying investors are in the minority after a bruising selloff across emerging markets. Emerging stocks have fallen about 10% this month, while average yields on local-currency bonds have risen to the highest in almost two years. Energy importing nations have seen even bigger selloffs, with bond yields jumping by 50-100 basis points in Poland, South Africa and Thailand. Some currencies have slid more than 5%. Other investors have made similar calls, and money markets that had almost fully priced a Federal Reserve rate increase earlier in the week, have since trimmed those wagers. By Friday, they saw a less than 50% chance that a hike will materialize this year. The Fed “is biased towards offsetting recession risk and would likely tilt dovish if the oil price shock intensified,” JPMorgan Chase & Co. strategists said in a March 20 report. Christian DiClementi , director of emerging debt at AllianceBernstein LP, said he sees buying opportunities in markets with the steepest declines. He declined to disclose specific trades. “Initially the shock is inflationary, but the longer it drags on, the higher the probability t...