Credit Agricole SA set terms for ¥106.5 billion ($670 million) of samurai bonds, offering wider spreads than comparable domestic corporate debt amid rising benchmark yen rates. The bank priced seven tranches of the bonds on Friday. The spread on the five-year notes was set at 58 basis points over the TONA mid-swap rate and has a coupon of 2.454%. Samurai bond issuance has surged as rising Japanese interest rates improve absolute yields and issuers offer wider spreads than domestic debt. Issuance reached ¥662.7 billion as of May 28, the highest level for the period in seven years, data compiled by Bloomberg show.

日菲宣布啟動兩國海上劃界談判 外交部：強烈不滿、堅決反對 提出嚴正交涉 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】日本和菲律賓進行首腦會談後，發表聯合聲明，宣布啟動兩國海上劃界談判。在北京，外交部對日菲打算在台灣以東海域劃界表示強烈不滿、堅決反對，已提出嚴正交涉。 外交部發言人毛寧：「中國在該海域擁有專屬經濟區和大陸架，日菲擅自啟動所謂『海域劃界』談判，嚴重侵害中方海洋權益，嚴重違反包括《聯合國海洋法公約》在內的國際法，和國際關係基本準則。中方對此強烈不滿、堅決反對，已分別向日菲提出嚴正交涉。日菲所謂『劃界談判』完全非法無效，不會對中方在台灣島以東海域的權利主張，及行使自身合法權益造成任何影響。中方敦促日菲立即停止任何侵害中方海洋權益的行動，以實際行動維護地區和平穩定。」

纯电车的外表看起来跟燃油车没什么两样，也是用四个轮子在跑，为什么除了4S店，其他维修店就没法修了？ 只是换一个后视镜，就花了差不多6000元。 最近有一位新能源汽车车主，倒车时不慎撞了后视镜，车开到4S店维修，原以为只是换个外壳和镜子，顶多几百块钱。没想到，钱包被狠狠地宰了一刀。 工作人员告诉她：“这车后视镜集成了电动调节、折叠、加热、盲区监测等功能，内部元件受损，必须更换总成，加上配件需外地调配，总费用5700多元，维修得近一周。” 如果这车是通勤用，再算上误工费、新增的交通费以及精神损失费，这个月的月薪都得赔进去，车主只能“打碎牙齿和血吞”，感叹一句，新能源汽车真是买得起，修不起！ 如果你嫌4S店维修贵，去普通修理厂行不行？抱歉，就算他们敢接这活，你也不敢把车给他们修。 今年以来，油价贵了，消费者都想搞一辆性价比高的新能源汽车，省点油钱过日子。没成想，买了新能源汽车，尤其是纯电车，后面有这么多“坑”。保险贵就忍了，出点小毛病，遇到磕磕碰碰，家门口的汽车维修店居然修不了。 01 随便修纯电车， 可能会犯罪？ 修车本来是一件很简单的事情。 燃油车统治世界一百多年，早就形成了发达的维修市场，在中国尤其如此。作为后发市场，国内早期的汽车市场跟着外资车企做配件、维修和改装服务，今天很多大车企，早期就是修车汽配起家。 因此汽车维修一直是一个高度开放和充分竞争的市场，在任何一个城市小区、县城、村镇随处都能找到修车点。 而燃油车的内燃机、变速箱、底盘等机械结构，都是高度通用和成熟的。一个普通的修车师傅，拿着一套工具、一本维修手册，就能解决多数问题。大车企也都有自己的造车平台，很多造车件都是多个车型共用的，尤其是那些长年畅销的车型，配件在市面上已经广泛流通，想要什么配件、改装件，应有尽有，物美价廉。 但是，纯电车对汽车的机械结构进行了彻底的改造，里面是完全不同的“三电系统”（电池、电机、电控）、车机以及大量传感器，其维修技术已经从机械变成了电子、软件和电化学。由于今天纯电车提供的驾驶功能和舒适性配置越来越多，电子电气架构也就越来越复杂，内部有大量的电子控制单元。 电车核心组件拆解图。（图/小红书@专做图谱的Adam） 如果是软件问题，纯电车往往可以通过后台OTA（Over-the-Air，空中下载技术）来解决，车主甚至都不需要去4S店。 到了普通的汽车维修店，先别说会不会修、能不...

Visualizing The Beef-Margin Bloodbath Behind Tyson CEO's Exit Tyson Foods CEO Donnie King is stepping down after five years at the helm of the nation's largest meatpacker, with the stock having languished under his tenure as the company battled some of the worst cattle-market conditions in a generation. Jeff Schomburger, a long-time Tyson board member, will become president and CEO on October 4. King, a 43-year Tyson veteran, will remain on the board and help with the transition beginning in July. "The board and I are confident in Jeff Schomburger's ability to lead Tyson Foods into its next chapter of growth," said John Tyson, Chairman of the Board of Tyson Foods. He added, "The Board looks forward to working with Jeff to drive sustainable growth, enhance shareholder value, and build on the strong momentum Tyson Foods has established." "Donnie King's long tenure at Tyson Foods, including his leadership as CEO, has strengthened our business and shaped our culture," Tyson said. "We are grateful for his steady guidance and look forward to continuing to leverage his expertise within the Board." Shares of Tyson have severely underperformed under King's tenure, down around 18% as of Wednesday's close. King's exit comes after Tyson navigated one of the tightest U.S. cattle markets in decades , which pressured its beef business and contributed to losses in the segment. There is some good news for Schomburger: The U.S. cattle herd rebuilding phase is underway, as initial 2026 data show a higher year-over-year heifer retention rate, according to Rabobank analysts. Tyler Durden Thu, 05/28/2026 - 21:20

格隆汇5月29日｜据深视新闻，从南方电网深圳供电局获悉，5月28日17时10分，深圳电网用电负荷创历史新高，达2430.19万千瓦，连续两年突破2400万千瓦，较去年最高负荷(2401.12万千瓦)增长1.21%，本次负荷创新高较去年提前40天。

【有線新聞】漁護署過去三年平均每年接收約400隻流浪狗，但領養狗隻數目下跌。署方重申動物管理中心只是中轉站，呼籲有意飼養寵物的市民給被遺棄的動物一個家。 這隻望上去乖巧的一歲唐狗，其實經歷過一段的流浪生活，一月開始暫住在上水的新界北動物管理中心。牠的鄰居都柏文因為性格溫馴，更擔任「大型狗隻豁免規管考試」工作犬，亦難逃沒有主人的宿命。漁護署會為這些「浪浪」安排合適的居住環境，又有專人負責清潔和餵食。不過對牠們來說，最重要都是一個好的歸宿。 漁護署高級獸醫師（動物管理）行動畢丹：「始終是一個動物管理中心，沒辦法給予動物一個家的感覺 ，始終尤其狗隻是比較群居性的動物，喜歡有家人陪伴，對動物的身心健康也很重要。所以真的對一隻動物好，始終歸宿真的需要給予牠一個家，所以我們經常說，我們的動物管理中心只是一個中轉站，不是牠最終的去處。」 為提高領養率，署方會安排預防性藥物治療和行為訓練，確保牠們健康和不會攻擊人。漁護署亦會每兩星期安排寵物美容師來這間護理室，幫牠們梳理毛髮、打扮一番。若然流浪狗未能通過健康檢查和性情評估，將被人道毀滅，署方重申要為市民安全負責。畢丹：「我們都不是一次定生死，都會給牠不同的機會，因為始終有時候狗隻來到我們的中心，一開始都會有些緊張 ，所以我都會給牠一些時間習慣，再經評估都過不到就沒辦法，我們給市民領養，也要為市民安全等各方面著想。」 除了流浪狗，漁護署4間動物管理中心亦會接收咬人的狗作狂犬病觀察。

格隆汇5月29日｜现货白银日内涨幅达1%，现报76.42美元/盎司；纽约期银日内涨幅达1%，现报76.68美元/盎司。

文章提及标的 伦敦金 -- 纽约金 -- 现货黄金站上4520美元/盎司，日内涨0.55%。纽约期金站上4550美元/盎司，日内涨0.41%。

人民币升值与出口，究竟是何关系？ 今年以来人民币持续升值，市场普遍担心其利空出口。但无论从数据还是逻辑看，这一“共识”都值得商榷。 一、人民币升值与出口，究竟是何关系？ 总量上，升值并未利空出口。2023年下半年以来人民币兑美元升值4.3%，同期我国出口增速由-14.3%回升至14.1%。国际经验也表明，本币升值并不必然导致出口回落，出口依赖度较高的韩国、墨西哥在其汇率升值期间，出口增速也有所回升。 份额上，升值同样未拖累。升值期间我国出口份额不降反升、上行0.4个百分点；以全球第二大出口国美国为例，美元走强阶段其出口份额往往回升，且份额变动领先于汇率变动。 分区域看，对该地区出口也未走弱。美国、欧盟自中国进口份额，与人民币兑美元、兑欧元汇率大部分时间正相关，或反映外部市场对中国商品需求景气度上行既抬升自华进口份额抬升、又推动人民币升值。 二、为何升值对出口影响有限？ 第一，应看“出口数量”而非“金额”。出口金额受量价双重影响，而汇率主要作用于“出口量”，数据上汇率与数量指数的负相关性明显大于与出口金额的负相关性。 第二，被动升值不利空、主动升值才施压。升值多为出口改善的“结果”，仅当其源于出口以外因素时才影响出口，如2015年“811汇改”后人民币贬值期间，出口数量指数增速反而大增10个百分点以上。 第三，标价效应反推高读数。人民币结算占比已升至30%左右，升值时同等人民币可折算更多美元，2026年以来该效应拉动出口增速3.3个百分点。 第四，汇兑效应有限且可对冲。升值虽压缩企业汇兑收益，但可通过远期结售汇、外汇期权等套保工具对冲，有效平抑了本币升值带来的汇兑冲击。 三、行业影响是否存在差异？ 一方面，初级产品对汇率较为敏感。矿产品、纸制品、食品等出口与汇率呈明显负相关，“811汇改”贬值期间出口回升也主要集中于此类；服装虽属消费品，但与汇率负相关有限。 另一方面，高附加值产品出口反而正相关。机电设备、精密仪器等升值期间出口数量同比分别回升29.8、29.6个百分点，资本品与高端制造份额提升反而推动人民币升值。 究其本质，升值是升级的“果”。汇率升值并非影响出口的“因”，而是出口结构持续升级、竞争力不断增强的结果。

最近两个人的变化，一直想放在一起聊一聊。 一个是李开复。5月28日，零一万物三周年内部信流出之后，外界第一次清晰地看到，这家曾经最像"中国OpenAI"的明星公司，正在主动调整自己的定位。 李开复在那封信里谈得最多的，不再是宏大的AGI和Scaling Law，而是应用、Agent、商业化、以及如何真金白银地生存。 零一万物对标的对象也彻底换了，从原本的OpenAI，悄悄换成了硅谷极度低调的Palantir，这家公司靠给政府和大企业做数据分析起家，烧了17年才上市，底色一点不性感，但今天在美股市值超过3300亿美元。 李开复在信里有一句话写得很沉重： 退场，就是天快亮时把灯熄了。 黎明前的放弃固然可惜，但他选择在曙光前主动撤出旧战场。 他给零一定下的新对赌是： 2026年成为中国第一家盈利的AI 2.0公司，2027年IPO。截至5月份，零一公布的累计订单金额已经超过15亿。 另一个是王小川。最近他接受采访，话讲得比内部信还要赤裸。这个曾经最坚定相信大模型会重构搜索的人，开始反复强调基础模型与美国的差距在拉大、预训练的绝对红利已经结束。 他说了一句值得反复读的话： 公司快成立两年的时候，他突然不知道自己在干嘛、在创造什么价值。 他甚至在采访里淡淡补了一句：我们那个时候也不缺钱。 听上去像一句澄清，但其实是一句更重的告白，不是钱的问题，是他自己看不下去了。 百川的处理方式更彻底。5月份正式发布了新一代医疗大模型M4和AI家庭医生产品。此前他们的模型在OpenAI的医疗评测榜单HealthBench上拿下高分，团队开始把核心重兵全面All in医疗这个垂直战场。 值得一提的是，百川账上还有近30亿现金。换句话说，这次All in不是被逼到墙角的逃命，是看清楚之后的主动撤退。 如果把时间拉回大模型狂热的最初期，这两个人绝对不会这么说。 2023年中国万模大战最热的时候，他们几乎是最兴奋、最理想主义、最试图重新定义时代的那批掌门人。那时候整个中国科技行业都坚信，硅谷能做到的，中国靠工程红利也一定能做到。 那是一场轰轰烈烈的炼丹运动。 一、那一年，是中国AI最理想主义的一年 2023年，整个中国科技行业几乎都在重新创业。 李开复做零一万物，王小川做百川智能，杨植麟做月之暗面，张鹏做智谱，姜大昕做阶跃。所有人都在讲同一个故事： 中国版OpenAI。 VC疯狂下注，满屏是六小虎、...

格隆汇5月29日｜人民币兑美元中间价报6.8176，上调64点，创2023年2月14日以来新高；上一交易日中间价6.8240，上一交易日官方收盘价6.7800，上日夜盘报收6.7753。

截至5月28日，ETF两市融资融券余额1123.15亿元，分类型来看，股票型ETF两融余额622.08亿元，债券型ETF两融余额80.47亿元，商品型ETF两融余额136.81亿元，QDII型ETF两融余额283.80亿元。其中，两融余额最高的非货币型ETF分别是黄金ETF（518880）、证券ETF（512880）、黄金ETF（159934），两融余额分别为63.97亿元、40.70亿元、39.07亿元。

South Korea's Kakao says union demand for bonus is a major burden Reuters

最近被一个游离在主流投研之外的匿名大V—Serenity刷屏了。 在这个算力共识极度拥挤、所有人都在盯着英伟达的时候，这家伙靠着超40万粉丝的强大号召力，在社交媒体和散户圈硬是掀起了一场极具破坏力的散户狂欢。 他极其高调地甩出了一份战绩：今年以来的累计收益率，达到了惊人的 4502.45%。 （来源：X） 他是怎么做到的？ 01 散户狂欢？ 这位“大神”压根没去凑那些估值高到离谱的算力巨头的热闹，而是盯着整条产业链最薄弱的环节去研究。因为在他看来，这些不起眼的公司，恰恰是整条AI 高速公路上谁都绕不开的关键节点。 先理清一个逻辑：如今庞大的算力系统跑大模型需要成千上万张GPU组网，数据传输高度依赖物理铜缆。 但算力密度飙升太快，单通道传输速率逼近200Gbps时，哪怕是PCB板上极短的铜走线，插入损耗也会轻易突破6dB。 铜线就像一条极易发烫的旧水管，数据流压力一大不仅漏水衰减，还会剧烈发热，系统只能疯狂耗电去补偿。铜线的极限到了，这就是物理学的铁律。 这位大神就是死死盯住了这个物理死局，把筹码押注在了光电共封装技术（CPO）的衍生材料端。既然电传输太热、太慢，那就粗暴点，直接用“光”替换“电”。 但问题又来了，发光元件（激光器）极其畏惧高温，根本承受不住算力芯片的恐怖热量。因此，系统只能采用“外置光源（ELS）”的妥协方案，把激光器像外接水管接头一样挂在外部。 这就引出了他持仓里核心的两枚“冷门螺丝钉”：做高性能DFB激光器阵列的Sivers Semiconductors (SIVE)，以及卡着全球磷化铟（InP）基板供应的AXTInc(AXTI)。 在他看来， 这种处于极上游、技术壁垒极高的组件供应商，简直就是全球能源贸易中的“霍尔木兹海峡”，只要数据还要流动，这笔物理过路费你就非交不可。 大神最早在去年年末喊票AXTI，随后股价暴涨约9至10倍，在今年3月又公开高频推荐SIVE，推动其股价在两个多月内飙升19.6倍，奠定了其45倍总收益的基础。 根据官方披露，SIVE已经打入下一代AI数据中心架构，并与多家企业达成了排他性战略代工与技术整合协议。在CPO架构中，这种外置激光器是驱动庞大算力集群不可或缺的物理引擎。 另一家AXTI则更夸张，占据了底层的材料霸权。因为制造高速光模块依赖的硅材料发光效率极低，产业必须依赖磷化铟（InP）基板，而AXTI与日本住友联手...

(RTTNews) - The Hong Kong stock market has moved lower in four straight sessions, slumping more than 550 points or 3.2 percent in that span. The Hang Seng Index now sits just beneath the 17,450-point plateau although it may see a measure of traction on Friday. The global forecast for the Asian markets suggests little movement ahead of key U.S. jobs data later today. The European markets were down and the U.S. bourses were mixed and flat and the Asian markets figure to follow the latter lead. The Hang Seng finished slightly lower on Thursday as losses from the technology and financial shares were mitigated by strong support from the property sector. For the day, the index dipped 13.04 points or 0.07 percent to finish at 17,444.30 after trading between 17,332.49 and 17,555.61. Among the actives, Alibaba Group shed 0.37 percent, while Alibaba Health Info and China Life Insurance both jumped 1.05 percent, ANTA Sports added 0.67 percent, China Mengniu Dairy advanced 0.78 percent, China Resources Land spiked 1.69 percent, CITIC slumped 0.67 percent, CNOOC lost 0.30 percent, CSPC Pharmaceutical tanked 1.65 percent, Galaxy Entertainment plunged 1.85 percent, Haier Smart Home rallied 1.46 percent, Hang Lung Properties and WuXi Biologics both fell 0.18 percent, Henderson Land surged 2.36 percent, Hong Kong & China Gas climbed 0.81 percent, Industrial and Commercial Bank of China declined 0.94 percent, JD.com tumbled 1.42 percent, Lenovo sank 0.43 percent, Li Auto retreated 1.28 percent, Li Ning gained 0.42 percent, Meituan perked 0.08 percent, New World Development soared 2.12 percent, Nongfu Spring plummeted 2.03 percent, Xiaomi Corporation dropped 0.64 percent and Techtronic Industries were unchanged. The lead from Wall Street remains conflicted as the major averages opened mixed on Thursday and hugged the line for most of the day, finally ending little changed. The Dow shed 219.22 points or 0.54 percent to finish at 40,755.75, while the NASDAQ added 43.36 points or 0.25 pe...

人民币兑美元中间价报6.8176，较上日调高64点。 注：人民币中间价由中国外汇交易中心于每日银行间外汇市场开盘前向所有银行间外汇市场做市商询价，并将全部市商报价作为人民币对美元汇率中间价的计算样本，去掉最高和最低报价后，将剩余做市商报价加权平均得到。人民币汇率中间价是即期银行间外汇交易市场和银行挂牌汇价的最重要参考指标。

格隆汇5月29日｜5月27日下午，中国贸促会会长任鸿斌一行到访中矿资源集团总部。任鸿斌指出，中国贸促会作为联通政企、融通内外、畅通供需的重要平台，将充分发挥自身优势，依托商事法律服务(商法)体系，为企业国际化发展提供支持；借助中国国际供应链促进博览会(链博会)这一全球首个以供应链为主题的国家级展会，助力企业拓展国际合作渠道、融入全球产业链、供应链，鼓励中矿资源积极参与链博会，共享发展机遇。

MUNICH, May 29, 2026 /PRNewswire/ -- Infineon Technologies (FSE: IFX) (OTCQX: IFNNY), a leading provider of power systems and IoT, has joined NVIDIA's MGX AI Factory ecosystem to help transform power delivery for next-generation AI data centers. Infineon's power management solutions will support NVIDIA's MGX™ architecture and 800 VDC power architecture, an open, modular reference architecture designed for AI factories in the agentic AI era. 800 VDC MGX™-compatible power racks help existing AI infrastructure scale AI compute performance and power density, creating an upgrade path for future AI infrastructure. - Picture is available at AP - "As a member of NVIDIA's ecosystem, Infineon is working with NVIDIA to redefine power delivery systems from the grid to the processor core, which is required for this next phase of AI innovation," says Adam White, Division President Power & Sensor Systems at Infineon. "As AI models continue to grow in size and complexity, data centers must deliver dramatically more compute performance within the same physical, power, and cooling constraints. Combined with NVIDIA's modular MGX architecture, Infineon's power solutions significantly enhance energy-efficient power distribution across the entire data center power flow. We look forward to continuing our work with NVIDIA to bring more MGX-powered innovations to market." Infineon's deep expertise in power conversion —from grid to core— leverages all relevant semiconductor materials, including silicon (Si), silicon carbide (SiC), and gallium nitride (GaN). This comprehensive approach helps accelerate the transition toward full-scale 800 VDC architectures. Using Infineon's GaN technology at switching frequencies close to 1 MHz enables ultra-compact bus converters at an industry-leading efficiency while the combination of Infineon's proprietary SiC JFET technology and dedicated control ICs are the perfect match for protection and hot-swap functionality of native 800 V server boards. Infineon'...

Most savers end up with multiple retirement accounts. There's really no way around it, but it makes life a lot more complicated when you retire. Make the wrong withdrawal decisions, and you could be left with higher taxes and even reduced benefits. Here's what the average retiree gets wrong about withdrawal order. What retirement accounts do you have? There are basically three types of accounts that investors end up with. The first is a taxable account, which is just a regular old brokerage or mutual fund account. You pay taxes as you go with regard to capital gains, dividends, and interest you may earn. The next accounts you likely have are both tax-advantaged and fall into two basic buckets. You may own a traditional IRA and/or a traditional 401(k). These are tax-deferred accounts, in which the money is deposited before taxes are paid. The upfront benefit is that you reduce your taxable income in the year you make a contribution. While the money is in the account, it grows tax-free. However, when you withdraw money from one of these accounts in retirement, all of the withdrawal is taxed as income. The final bucket of accounts is in the Roth category. You may have a Roth IRA, a Roth 401(k), or both. You pay taxes on the money before it is invested in one of these accounts. The money grows tax-free while it is in the account. However, because you paid taxes on the way in, your withdrawals are tax-free after 59 1/2 (assuming you have owned the account for at least five years). Withdrawal order is crucial to understand If you retire early, you want to use money from a taxable account. There are penalties associated with pulling money from IRAs, 401(k)'s, Roth IRAs, and Roth 401(k)s if you take money out before 59 1/2. Unless you absolutely need the money, it is best to leave retirement accounts alone until at least that age. Once you hit 59 1/2, however, the situation changes dramatically. Many people looking to avoid taxes will tap their Roth accounts first. Logicall...

Morsa Images/DigitalVision via Getty Images Performance Assessment Nebius Group ( NBIS ) has beaten the market by an excess of 35% since I turned bullish again on the stock: Performance since Hunting Alpha's Last Article on NBIS (Seeking Alpha) Elevator Pitch I still have a constructive outlook on Nebius: High demand for compute and rising GPU rental rates are a strong revenue tailwind Nebius' capex and M&A ramp read well for future revenues in a low-risk way The company would still need more funding, but I have confidence that it can secure it easily NBIS' valuation premium vs. comps has reduced A bullish chart bias remains so long as the momentum upward is healthy High Demand For Compute And Rising GPU Rental Rates Is A Strong Revenue Tailwind Nebius Group is benefiting from a strong revenue tailwind driven by both increased demand volume for compute: Once again, we sold out our capacity as demand continued to exceed available supply... Growth was driven by capacity scaling and was further supported by strong utilization of pricing. - CFO Maria del Dado Alonso in the Q1 FY26 earnings call And also higher prices for compute capacity due to the state of the GPU market. Already in April '26, the GPU market showed clear signs of a shortage as on-demand availability of GPU compute reached trough lows: GPU Availability (3Fourteen Research) And some reputable industry leaders have flagged the increasing rental prices of GPUs such as the H100 and A100 : The price of renting an H100 has risen 20% year-to-date, while A100 cloud pricing is up nearly 15% - Nvidia CFO Colette Kress in the Q1 FY27 earnings call This narrative is confirmed by the chart below, which depicts NVIDIA Corporation's ( NVDA ) H100 GPU lease rates this year: Nvidia H100 GPU Lease Rates (Bloomberg) The good news is that these rental prices have still been increasing to $2.95/hour and are expected to continue to get more attractive for players like Nebius due to projections of $3.85/hour: Amid the insatia...

四川省文化和旅游厅等有关部门已组成省级调查指导组，要求甘孜藏族自治州人民政府督促稻城亚丁景区暂停收取摆渡车、电瓶车费用，同时如常提供优质服务，迅速启动调查及后续相关整改工作。近日，稻城亚丁景区摆渡车收费不合理、省道设卡等问题引发社会各界广泛关注。甘孜州政府将严格按照省级调查指导组的要求，针对文化和旅游部提出的整改意见，及社会关注的主要问题，逐项核查、逐条整改，主动接受社会公众和媒体监督，切实维护四川旅游市场秩序。（新华社）

众所周知，很多朋友能在工位维持一整天“人形”，全靠午休吊着一口气。 关于午休这个神奇的时段，有很多潜规则： 不能休息得太好，不然下午不想上班了； 也不能休息得太差，不然下午根本没力气上班。 怎样更高效地利用午休时间，是所有打工人的“入门培训”。 最近，各大CBD写字楼旁边的商圈里，冒出了一个“午休排队王”，让无数打工人，心甘情愿地把午休时间悉数奉上。 它不是什么新晋打工人食堂，也不是什么网红饮品店，它有一个让人陌生又熟悉的名字： 新中式按摩。 01 新中式按摩，成了打工人的「午休顶流」？ 除非你在北京的汤泉里跨过年，否则大部分朋友应该： 很难把“排队”和按摩联系在一起。 容易排队的项目很好认：要么时间比较固定，要么过程比较透明。 像洗车、加油、买肉夹馍这种小窗口排队模式，只要从队尾看一眼前方现场的运行状况，心里就能对自己剩余的排队时间有个估算。 但按摩不一样。 假设在按摩店门口排队，前一个人什么时候进去的不知道，他要在里面待多久也不知道，只知道自己迷茫得像在机场等一艘船。 可如果真让你站在别人床头排队，倒是知道要等多久了，心里又腾生出一种“入侵私人领域”的尴尬感。 好像按摩的一切特质，都在天然抗拒排队。 图源小红书用户@小绿条活动中 然而，这异军突起的“新中式按摩”，运作方式和以前完全不同。 首先从招牌上就能发现端倪： 经典的“泰式spa、古法推拿、艾灸”这种代表了“深度放松”和“专业手法”的标语，一律没有。 取而代之的是一个统一又轻盈的新名字：新中式按摩。 招牌减重，价格也跟着“减重”。 往日动辄大几百的按摩项目，转型新中式之后看起来都像在租充电宝： 39.9元/20分钟、59.9元/40分钟。 拼豆级别的价格，不光把传统按摩项目卷得无地自容； 就连商场楼梯间摆放的电动按摩椅看了，都得坐立难安。 进店之后，眼前的景象就更“新鲜”了。 印象之中的单人房间没有，营造隐私氛围用的帘子没有，带脸洞的按摩床没有，甚至连手劲儿巨大的师傅也没有。 映入眼帘的，只有一排排远看像动感单车，近看像逼供刑具的奇特的椅子上，趴着的一排排满头戴满休闲仪器、表情放空的顾客。 店员小哥哥小姐姐不再充当按摩师的角色，而是手持艾草锤或着筋膜枪，在椅子间狭小的空隙中来回穿梭，朝趴在椅子上的顾客们这补儿一锤、那儿给一枪。 整个场面，就像是缺少人手的大酒楼后厨，一个厨师要雨露均沾地翻炒9口大锅，以免把谁...

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昨日铂钯跟随黄金白银给到了不小的回撤，铂金日中测试周度级别框定的区间下沿1880美元/盎司。同时昨日为广期所铂钯06合约交割前倒数第二个交易日，市场出现集中移仓换月与反向平仓，PT2606、PD2606单日持仓分别减少1209手、648手，内外盘价差倒挂进一步加剧，铂金内盘折价外盘10元/克，钯金倒挂超20元/克，同时跨期无风险套利窗口再度走阔，结合我们昨日发布的铂钯交割前专题报告里对于跨期策略成本的详细测算，钯金套利空间达4元/克、铂金3元/克。短期资金以调仓和套利为主，单边行情不论是向上或是向下都缺乏明确的驱动路径，故近期单边价格受黄金白银价格牵引较多。结合技术形态来看，周度与月度维度铂钯整体维持震荡偏弱走势，铂金短期支撑依然看向1880美元/盎司，强支撑1800美元/盎司，上方短期若未突破阻力1980美元/盎司(MA5）行情很难摆脱阴霾；钯金短期支撑位于1320美元/盎司，下档强支撑1250-1280美元/盎司，上方短期阻力1380美元/盎司，中期阻力1430美元/盎司，钯金在技术面维度更弱，下行压力大于铂金，叠加内盘钯金广期所库存充裕，将持续压制钯金价格。故我们强调铂钯比价在季度级别仍有配置价值，关注进场点位的择时。（国泰君安期货）

格隆汇5月29日｜沪银主力合约日内涨超3%，现报18500元/千克。沪金涨超2%，现报987.76元/克。铂涨近2%，钯涨超1%。

Dragon Claws/iStock via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to George Soros's 13F stock portfolio on a quarterly basis. It is based on George Soros's regulatory 13F form filed on 05/15/2026. Please visit our Tracking Soros Fund Management Holdings article for an idea of his investment philosophy and our previous update for the fund's moves during Q4 2025. Soros Fund Management invests globally, and the long positions in the US market reported in the 13F filings represent ~25% of the overall portfolio. The 13F portfolio value increased from $8.63B to $9.12B this quarter. The number of positions increased from 244 to 263. Very small stock positions, short and long positions in index ETFs, and large debt holdings together account for well over 50% of the 13F holdings. The investments are diversified with a large number of very small equity positions, a small number of large equity positions, and a few large debt holdings. The focus of this article is on the larger equity positions. The top three individual stocks held as of Q1 2026 were Amazon.com, CoreWeave Puts, and Electronic Arts. To learn about Soros' distinct trading style and philosophy, check out his classic book "The Alchemy of Finance" and other works . New stakes Taiwan Semiconductor ( TSM ) Puts: The 1.39% short position through Puts in TSM was established this quarter as TSM traded between ~$312 and ~$390. The stock currently trades at ~$425. H2O America ( HTO ): HTO is 0.79% of the portfolio position purchased this quarter at prices between ~$48 and ~$59. The stock is now at $57.26. Penumbra ( PEN ): The 0.73% PEN stake was established this quarter at prices between ~$290 and ~$362. It now goes for ~$319. Berkshire Hathaway ( BRK.B ): BRK.B is 0.70% of the portfolio position purchased this quarter at prices between ~$467 and ~$512. The stock currently trades at ~$477. Stake Disposals Confluent Inc. (CFLT) & Calls: CFLT stake saw a ~90% increa...