恆瑞醫藥：2025年淨利潤同比增長21.69% 擬10派2元財經新聞Financial News AASTOCKS.com

恆瑞醫藥：2025年淨利潤同比增長21.69% 擬10派2元 AASTOCKS.com

2026江苏省城市足球联赛（“苏超”）小微企业合作遴选25日在南京进行赞助落位抽签，32家小微企业通过公开抽签，确定各自赞助场次，来自南京和苏州的各一家小微企业喜提总决赛赞助席位。 为体现“大小品牌共赢”，进一步优化营商环境、激活市场主体活力与创造力，“苏超”组委会1月底发布小微企业商务遴选合作方案，省级层面共遴选32家，每家赞助金额5万元，享受官方赞助商同等权益。共有3582家符合条件的企业成功报名，2月底，32家小微企业通过公开摇号方式中签。 根据合作方案，32家中签企业将在常规赛每6场安排2家，共26家，2轮淘汰赛和决赛每轮安排2家，共6家。具体赞助场次同样通过公开抽签决定。25日，在南京市石城公证处监督下，32家企业代表先通过抽取序号球确定后续操作的先后顺序，随后再按照该顺序抽取比赛场序信封，确定相应的赞助场次。 最终，来自南京和苏州的各一家企业抽得总决赛赞助席位，而率先在前6场比赛亮相的将是两家苏州企业。 组委会方面表示，未来将继续秉持“资源共享、协同发展”的理念，与各方携手共进，吉祥物“苏嘟嘟”还将奔赴32家小微企业线下“探店”，通过线上线下的宣传持续为联赛小微企业发展助力。(新华社)

Just_Super/E+ via Getty Images Artificial intelligence has emerged as the dominant force shaping returns across global financial markets, according to Apollo Global Management’s chief economist, Torsten Slok. He notes that a single theme—AI—is increasingly influencing performance across equities, fixed income, and private capital, raising concerns about concentration risk for investors. In public markets, the outsized weight of large technology companies in the S&P 500 has amplified AI’s impact on equity returns. As these firms continue to lead innovation and earnings growth tied to AI, their influence on index performance has grown disproportionately. Meanwhile, in credit markets, major technology hyperscalers are issuing significant amounts of debt to fund AI-related infrastructure, further extending the theme’s reach into bond returns. The trend is even more pronounced in private markets, where AI-focused ventures now account for roughly 60% of venture capital investment. This level of concentration underscores how deeply embedded the technology has become across the investment landscape. “The bottom line is that there is one factor driving returns in portfolios, namely AI,” Slok said. Slok also cautions that such dependence on a single driver may leave portfolios vulnerable. He advises investors to diversify intentionally by allocating capital to sectors, regions, and strategies less directly tied to AI fundamentals. Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). Artificial Intelligence ETFs: ( AIQ ), ( BOTZ ), ( DTEC ), ( WTAI ), ( XAIX ), ( WISE ), ( GINN ), ( ROBT ), ( TECB ), ( XT ), ( THNQ ), and ( CHAT ). More on markets Cantor Fitzgerald sees the current market pullback as a possible opportunity BNP Paribas raises 2026 inflation outlook as it signals a new 3% era Wells Fargo sees the U.S. economy weathe...

财联社3月25日讯（编辑 冯轶） 财联社为您带来今日港股重要公告 1）业绩速递 中国人寿(02628.HK)： 2025年收入合计6160.65亿元，同比增长16.5%；净利润1540.78亿元，同比增长44.1%。 快手-W(01024.HK)： 2025年收入1427.76亿元，同比增长12.5%；净利润186.17亿元，同比增长21.4%。主要由于线上营销服务、直播业务、电商业务及可灵AI业务的增长。 中广核电力(01816.HK)： 2025年收入约为756.966亿元，同比下降4.1%；净利润约为97.654亿元，同比下降 9.9%。 古茗(01364.HK)： 2025年收入129.14亿元，同比增长46.9%；利润31.09亿元，同比增长110.3%。 金山软件(03888.HK)： 2025年收入96.83亿元，同比减少6%；净利润20.04亿元，同比增加29%。 泉峰控股(02285.HK)： 2025年收入16.28亿美元，同比下降8.2%；净利润9760万美元，同比下降13.2%。主要由于客户采取更审慎的采购策略，收入阶段性下跌。 国泰君安国际(01788.HK)：2025年收入62.3亿港元，同比增加40.9%；净利润13.45亿港元，同比增加286.84%。 IGG(00799.HK)： 2025年收入54.97亿港元，同比减少4.19%；净利润5.8亿港元，同比持平。 英皇钟表珠宝(00887.HK)：2025年总收入为57.65亿港元，同比增长10.2%；净利润4.31亿港元，同比增长67.7%。 滨江服务(03316.HK)：2025年收入41.01亿元人民币，同比增加14.1%；净利润5.96亿元，同比增加9%。 稻香控股(00573.HK)：2025年收入23.19亿港元，同比减少4.4%；净亏损5993.2万港元，同比增加13.5%。 电视广播(00511.HK)：2025年收入31.92亿港元，同比减少2.02%；净利润5928.9万港元，去年同期亏损4.91亿元。 诺诚健华(09969.HK)： 2025年收入约23.75亿元，同比增长135.27%；净利润约6.44亿元，同比扭亏为盈。主要是由于药物销售的强劲增长，以及与Zenas Biopharma及Prolium合作所产生的许可收益。 知乎-W(02390.HK)：20...

《科创板日报》3月25日讯（记者 郭辉 陈俊清） 上海规模最大的半导体行业盛会——SEMICON China 2026，今日（3月25日）开幕。 据了解，SEMICON China 2026为期三日，共有1500家展商、5000多个展位，同期还有20多场会议和活动，展会覆盖芯片设计、制造、封测、设备、材料、光伏、显示等泛半导体全产业链。 《科创板日报》记者在现场获悉，北方华创、中微公司、拓荆科技、盛美上海、上海微、华海清科等半导体设备龙头悉数到场，新凯来在去年的SEMICON大火出圈后，今年意外缺席。 海外半导体设备展商也成为一大亮点。来自日韩、美、奥地利、瑞士等多个国家的半导体企业到场参展。 北方华创、中微公司、拓荆科技等国产设备龙头发布新品 《科创板日报》记者今日上午9时许来到SEMICON展馆外，入口早已被潮水般涌入的观众堵得水泄不通。 从排队到入馆，前后将近花了二十分钟。同行的队伍中，可以看到众多外国观众面孔，耳边不时传来日语跟韩语的对话声。 在《科创板日报》记者所到的N3馆，聚集了最多观众的展位当属北方华创。 作为A股半导体设备龙头，北方华创宣布推出多款新品，包括全新一代12英寸NMC612H电感耦合等离子体（ICP）刻蚀设备、12英寸Qomola HPD30混合键合设备、高深宽比TSV电镀（ECP）设备Ausip T830等。 其中，12英寸NMC612H电感耦合等离子体（ICP）刻蚀设备将ICP小尺寸刻蚀的深宽比提升到数百比一，均匀性带入埃米级，标志着北方华创持续引领高端ICP刻蚀设备领域的发展方向，可满足更先进节点的芯片制造要求。12英寸Qomola HPD30混合键合设备，也让北方华创成为国内率先完成D2W混合键合设备客户端工艺验证的厂商，标志着北方华创进入3D集成混合键合装备领域。 与北方华创SEMICON展位仅一条过道之隔便是芯源微展台。北方华创与芯源微在2025年完成战略整合，补全了前者的高端湿法产品布局，北方华创由此实现了湿法全流程工艺覆盖度超97%，进一步夯实了在湿法工艺设备领域的市场地位。 展会现场 《科创板日报》记者拍摄 中微公司在SEMICON现场举行了新品发布会，一口气推出新一代电感耦合ICP等离子体刻蚀设备Primo Angnova™、高选择性刻蚀机Primo Domingo™、Smart RF Match智能射频匹配器以及蓝绿...

Ibotta ( IBTA ) has partnered with Uber Technologies ( UBER ) to deliver Ibotta-powered digital promotions across Uber’s grocery and retail ecosystem in the United States . UBER +0.76% premarket to $72.89. Source: Press Release More on Uber, Ibotta Uber Technologies: Full-Stack AV Evolution Uber: I've Been Bullish For Years - Not Anymore Tracking Saudi Sovereign Wealth Fund's 13F Portfolio - Q4 2025 Update Uber to buy German chauffeur service Blacklane -- report Uber positioned to become largest facilitator of AV trips by 2029—Citi Research

The survey shows only one in four people are satisfied with the NHS but the figure is even lower in younger age groups.

存储市场涨价势头仍在持续，据DigiTimes2月数据，NAND闪存晶圆单月上涨达25%，去年10月至今1TB规格价格近乎翻三倍；存储涨价带动全新数码产品成本上升，手机、电脑及配件售价均有上涨，不少追求实用的用户望而却步。 这种情况下，二手数码成为不错选择——花更少的钱就能获得相近体验，避开高价压力。但二手市场鱼龙混杂，个人卖家与专业贩子并存，稍不注意就会踩坑。 本文将介绍主流二手数码品类，详解选购、验机技巧及常用平台的用法，帮大家在涨价潮中精准挑选高性价比二手数码。 购买指南及如何避坑 结合存储涨价现状，针对常用二手数码，详解选购与验机技巧，新手可直接照搬。 手机：性价比首选上一代旗舰Pro 手机是二手市场最火品类，受存储涨价影响显著——新机大容量版本比小容量版本贵400~800元，而上一代旗舰Pro机型的二手产品，既能避开大容量溢价，又能获得旗舰级体验，性价比极高。 机型选择： 优先选择上一代旗舰Pro。新一代机型多在外观、小功能或存储上升级，核心性能提升有限；而上一代旗舰的处理器、屏幕、摄像头等配置大多优于这一代标准版，二手价格仅为标准版的50%~70%。其性能足够玩游戏、剪视频，系统可更新2~3年，避开联发科天玑等低端处理器，避免兼容性差、售后麻烦、转手困难。 存储选择： 优先256G，满足日常聊天、拍照、刷视频等需求；512G仅推荐经常拍视频、玩大型游戏的用户，512G及以上版本溢价过高，非专业需求无须购买。 成色与预算匹配： 95新最划算，仅轻微使用痕迹，无拆修、功能完好，价格为初始发售价的60%~70%，适合多数人；99新接近新机，价格为初始发售价的75%~85%，适合预算充足、介意使用痕迹的用户；90新及以下划痕、磕碰明显，部分手机可能拆修，价格为初始发售价的40%~50%，适合预算极低、仅作备用机的用户，购买时需仔细验机。 验机重点： 收货前，向卖家索要序列号/IMEI码，苹果官网查保修、激活时间，确认无ID锁、非挂失机；安卓官网查有无锁、有无维修记录，避开专业贩子（主页全是数码产品、文案统一，大概率为翻新机、扩容机）。收货后，先看机身螺丝有无拧动、滑丝，机身缝隙是否均匀，有无酒精、清洗剂异味；查看SIM卡槽防水标，变红则说明进水，直接拒收。测试屏幕、相机及闪光灯、听筒、扬声器、麦克风、面容/指纹解锁、Wi-Fi、手机信号、GPS，确保各项功能正常...

PDD Holdings, the Chinese e-commerce group behind Pinduoduo and global budget marketplace Temu, on Wednesday reported an 11 per cent drop in quarterly profit amid higher sales as the company continued a pivot towards greater reinvestment. Net profit for the quarter fell to 24.5 billion yuan (US$3.6 billion), missing a consensus analyst estimate of 29.1 billion yuan. Meanwhile, revenue rose 12 per cent from a year earlier to 123.9 billion yuan, aligning with a consensus analyst estimate of 123.7...

富临运业公告，公司于2026年3月25日收到控股股东永锋集团有限公司的书面通知，获悉其正在筹划公司股份转让事宜，该事项可能导致公司控股股东、实际控制人发生变更。目前各方主体正在就具体方案、转让协议等相关事项进行磋商，公司股票自2026年3月26日开市起停牌，预计停牌时间不超过2个交易日。

When Starbucks Corp. landed Brian Niccol, the star CEO who fixed Chipotle and Taco Bell , to turn around its fortunes, it triggered a frenzy on Wall Street. The stock popped 20% in a matter of minutes and racked up its biggest one-day gain ever as investors and analysts, one after another, gushed about the move: “dream hire”; “exceptional”; “hall of fame restaurant CEO.” A year and a half later, the buzz is all but gone. Niccol, who scored a pay package worth more than $100 million, has only managed to deliver tepid signs that his makeover of Starbucks is working; the stock rally, unlike at Chipotle, quickly stalled out; and even some of those uber bulls are starting to get anxious. It’s not so much that they’ve lost confidence in Niccol — most of them still rave about him — but rather that the operational problems he inherited at Starbucks were more deep-rooted and dire than they had appreciated. Possibly to the point, some of them worry, that even Niccol can’t turn around the company fast enough to keep investors from abandoning the stock. It’s been listing sideways for most of his tenure, with shares down 4% since they posted that wild rally the day he was named CEO. “For me, the real surprise has been the amount of time and effort and investment needed to operationally clean up Starbucks,” says Danilo Gargiulo , an analyst at Bernstein in New York who covers restaurant stocks. Gargiulo was one of the many analysts who had quickly lifted his Starbucks stock rating and price target after the Niccol hire, calling him the “perfect CEO” to orchestrate the comeback. In all, the number of buy ratings on the stock soared more than 60% in a matter of days, Bloomberg data show. Even the activist firm Elliott Investment Management , which had amassed a large position in Starbucks, rushed to heap praise on Niccol, calling his hire a “transformational step forward for the company.” Gargiulo had acknowledged back then that it’d take a while for the strategy to take hold and s...

Emerging markets have rarely been easy to own, and 2026 is proving no exception. China-focused equity ETFs are down sharply year-to-date, rising U.S. Treasury yields are creating headwinds for EM bonds. For investors who believe in the long-term case for global growth outside the U.S., these dislocations have historically preceded periods of recovery, though timing ... China Is Down Sharply in 2026. These 3 ETFs Let You Buy the Dip on Emerging Markets

BrianAJackson/iStock via Getty Images Cal-Maine Foods overview Cal-Maine Foods ( CALM ) is one of my favourite stocks in my portfolio, and this is my second time covering the company here. The reasons I provided last time around were straightforward. CALM stock allows me to play defence, and belongs to the rare category of stocks where I don't have to look over my shoulder. The company is owner-managed, disciplined in its execution with almost 25 acquisitions in its belt, and now commands more than a 20% market share in its segment. Author Generated They have been through good cycles and rough cycles, and they have approached both with equanimity. Even with a low correlation to the overall market, they have been shown to have superior returns. Data by YCharts Best of all, they have maintained no debt, grown their balance sheet and free cash flows (>$1B) to be cash-rich while generously returning capital to shareholders through dividends and buybacks! It was time to do a follow-up on what they have been up to recently! Cal-Maine's acquisition flywheel hits another rotation Company Presentation I knew they wouldn't stop, and they came out with another banger of late with Cal-Maine's announced acquisition of Creighton Brothers LLC and Crystal Lake LLC for a purchase price of $128.5M funded through their big cash pile. The acquired assets include: Commercial shell egg production and grading with a capacity of approximately 3.2M laying hens 500K cage-free and 865K pullets, a feed mill, 1K acres of land, and an egg products and hard-cooked egg processing facility (Crystal Lake produces ready-to-use egg products for the foodservice and food manufacturing industries, such as liquid, frozen, and hard-cooked eggs, and distributes precooked egg patties, omelettes, and scrambled eggs) The acquisition has the added advantage of Cal-Maine moving into the geographical area of Indiana, where they previously had no operations. If you look closely, you will see some patterns continui...

CrailsheimStudio/iStock via Getty Images The investment environment has changed significantly since our January Cyclical Outlook , “ Compounding Opportunity .” The conflict in the Middle East has disrupted oil production and transportation, causing financial markets to reprice the expected paths for growth, inflation, and central bank policy. In private credit markets, risks that were largely hidden from view – including illiquidity and opaque pricing – have moved to the front of investors’ minds. As AI continues to fuel an investment boom, it is also disrupting industries. Some of these shocks will have shorter-term implications, while others appear more enduring. Economic outlook takeaways Energy shock raises stagflationary risks and deepens disparities Global growth has been more resilient than expected despite growing divergence below the surface. The Middle East conflict represents a major global energy supply shock that, if sustained, is likely to be stagflationary – pushing inflation higher while weighing on growth. Higher energy prices are sharpening existing divides between winners and losers – and creating new ones – across countries, sectors, businesses, and households. Governments may face a policy paradox Central banks face a difficult trade-off between rising inflation pressures and slowing growth, with markets already tightening financial conditions on their behalf. We believe central banks are unlikely to match the market’s recent repricing of policy rate expectations. Recession risks have increased, while elevated sovereign debt levels limit the scope for fiscal responses, meaning shocks could transmit more directly to vulnerable households, smaller companies, and credit markets. This is a different environment from 2022 In 2022, the energy shock from the Russia-Ukraine war collided with a post-pandemic economy shaped by pent-up demand, government stimulus, and tight labor markets, amplifying inflation. Today, fiscal policy is tighter, labor markets...

UFO 'Gatekeeper' General Vanishes Days After Trump's Full Disclosure Order Authored by Steve Watson via modernity.news , President Trump’s order to release every UAP and UFO file appears to have triggered a wave of vanishings and deaths among the very insiders who guarded those secrets — and now Congress is being actively blocked from investigating. The general is retired Maj. Gen. William Neil McCasland , former commander of the Air Force Research Laboratory at Wright-Patterson Air Force Base. He walked out of his Albuquerque home on February 27 with only hiking boots, a wallet, and a revolver. No phone. No glasses. No trace since. Fox News host Jesse Watters covered the development: 🚨 HOLY SMOKES: AIR FORCE GENERAL — KNOWN AS THE UFO “GATEKEEPER” — VANISHES 💣👀 Led TOP-SECRET SPACE WEAPONS programs tied to ADVANCE AEROSPACE TECH… then GONE😳🛸 Days after UFO files announcement… he DISAPPEARS 🤯 Now MULTIPLE SCIENTISTS MISSING or DEAD — coincidence…… pic.twitter.com/UwsX2dGO50 — Jesse Watters (@JesseBWatters) March 24, 2026 In addition, a rocket scientist tied to the General has also reportedly disappeared under similar circumstances. 🇺🇸 A rocket scientist tied to a missing Air Force general with alleged UFO links has reportedly disappeared under similar circumstances. At least 6 people connected to the same U.S. defense research network are now dead or missing within a year. The cases include Monica Jacinto… https://t.co/hhZ3qS2XGR pic.twitter.com/4jAD6EIXCa — Mario Nawfal (@MarioNawfal) March 22, 2026 Monica Jacinto Reza, 60, vanished while hiking in California’s Angeles National Forest. She co-developed Mondaloy, a patented nickel-based super-alloy for high-performance rocket engines, on a project funded and overseen by programs under McCasland’s command. Newsmax reported Rep. Tim Burchett directly accusing intelligence agencies of obstruction: some intelligence agencies have thwarted his attempts at finding out what happened to the several prominent scientists and ...

Recursion ( Nasdaq: RXRX ) said on Wednesday that it had named Vicki Goodman as chief medical officer, effective April 6, 2026, succeeding David Mauro. Goodman had more than two decades of experience in oncology drug development and most recently had served as chief medical officer of Mural Oncology, where she led development and advanced its pipeline. She had held senior oncology roles at Merck and Bristol Myers Squibb, leading development of key drugs including Keytruda, Opdivo, and Yervoy, and earlier at GlaxoSmithKline had led development of dabrafenib through approval. Shares -1.86%. More on Recursion Pharmaceuticals Recursion Pharmaceuticals, Inc. (RXRX) Presents at 2026 KeyBanc Capital Markets Healthcare Virtual Forum Transcript Recursion Pharmaceuticals, Inc. (RXRX) Presents at Leerink Global Healthcare Conference 2026 Transcript Recursion Pharmaceuticals, Inc. (RXRX) Presents at TD Cowen 46th Annual Health Care Conference Transcript Recursion outlines extended cash runway into early 2028 as platform efficiency accelerates Recursion jumps after solid Q4 beat

如果你最近在用OpenClaw跑Agent、装Skill，或者即便只是正常装了几个常见依赖，那你可得好好注意了！ 今日，资深开发者Daniel Hnyk在社交平台X上紧急发文警告称：LiteLLM的PyPI官方发布版本1.82.8已被注入恶意代码，并着重强调“DONOTUPDATE”（请勿更新）。 随后OpenAI联合创始人、前特斯拉AI主管Andrej Karpathy也亲自发帖称：“软件恐怖事件：litellm PyPI供应链攻击。” 不要认为LiteLLM被投毒和OpenClaw没有任何关系。 即使你没有主动安装LiteLLM，只要你用于OpenClaw的某个Skill或组件依赖了它，它就已经在你的项目里运行了。 这就是所谓的依赖链：你依赖一个工具，这个工具再依赖另一个库，而那个库再依赖更多东西。只要其中一环被投毒，风险就会顺着整条链条传导下来。 而且一旦某个底层依赖库被投毒，最麻烦的地方在于，你几乎没有任何体感。你不会看到报错，也不会收到提示，一切看起来都在正常运行，但在某一层你看不到的依赖深处，敏感信息可能已经被悄悄带走。 投毒破坏力从何而来？ 在了解可能的风险之前，我们先来说说LiteLLM是什么。 LiteLLM是大模型生态中几乎人手必备的关键适配层，其地位如同AI开发界的通用翻译官。 在GitHub上，该项目（BerriAI/litellm）已斩获超4万颗星，月下载量高达9700万次，是连接开发者与上百个LLM（如OpenAI、Anthropic、GoogleVertex等）的底层枢纽。 它的核心价值在于将复杂的各家API统一为OpenAI标准格式，使得开发者只需写一套代码就能无缝切换模型。 另外，在很多企业架构里，LiteLLM不仅仅是一个库，更是作为“AI网关”管理着全公司的模型调用权限与成本追踪。 正因为LiteLLM处于这种咽喉要道的位置，此次供应链投毒事故的破坏力呈指数级放大。 攻击者在官方仓库发布的恶意版本（1.82.7和1.82.8）利用了Python极高权限的初始化机制，这意味着只要执行pip install，恶意代码就会像病毒一样静默潜伏。 由于LiteLLM的主要职能就是处理API密钥，它成了窃取凭证的最佳跳板：从OpenAI密钥到AWS/Azure云端密钥，再到SSH访问权限甚至Kubernetes集群配置，所有核心数字资产都在...

(RTTNews) - Higher Canadian and U.S. futures and firm precious metals prices point to a positive start on Bay Street Wednesday morning. Hopes of a de-escalation in Middle East amid reports of U.S.-Iran peace talks may aid sentiment.

至少三家丹麦机构投资者支持一项股东决议，敦促北欧地区最大的银行Nordea停止为那些在北极地区扩张油气生产的公司提供融资，理由是环境风险。 养老基金Akademiker、Sampension和Velliv在该银行周二举行年度股东大会前向路透社透露了他们的投票意向。 这项维权动议正值伊朗战争引发石油冲击之际，并且此前挪威宣布了增加其北极近海地区钻探的计划。 该决议针对的是挪威能源公司Equinor、Aker BP和Var Energi，这些公司参与了北极的勘探和钻探活动。 “高环境风险” 该决议敦促Nordea与北欧竞争对手Danske Bank、Swedbank、Handelsbanken、Nykredit和OP Financial Group保持一致，停止向在北极圈以北扩张油气活动的公司提供贷款。 该提案的起草人之一、北欧可持续金融中心高级顾问Katrine Ehnhuus表示：“脆弱的北极生态系统正面临成为挪威油气生产新中心的危险。” Nordea表示，该行不提供专门用于油气扩张或北极钻探的融资，但将继续为某些公司提供资金。 该行在一份电子邮件声明中表示：“我们继续支持少数精心挑选的公司，这些公司在确保欧洲负担得起且安全的能源供应方面发挥着重要作用。” Nordea是参与Equinor 50亿美元循环信贷安排的19家银行之一。Equinor在其债务说明中表示，该安排“为该集团在美国商业票据市场的借款提供了后备支持”。 Velliv负责任投资主管Ulla Benediktson表示，关键是要针对新的扩张项目，而不是现有的供应，她认为现有的供应对欧洲的能源安全很重要。 她告诉路透社：“北极勘探涉及高环境风险、长周期，并且在欧洲油气需求预计将下降的市场中面临大量搁浅资产风险。” Sampension表示将投票支持该决议，因为“看来该公司并未向股东提供足够透明的信息，说明其与化石燃料扩张融资相关的活动”。 责任编辑：张俊 SF065

EIX boosts grid reliability with major investments and clean energy expansion, but wildfire liabilities and California exposure pose risks.

(RTTNews) - Paychex Inc. (PAYX) released a profit for its third quarter that Increases, from the same period last year

“好比一个新手赛车手，迅速被拉到了F1赛场。在时速超级快的过程中，不管是驾驶者还是赛车本身，都有非常大的压力；但整个过程确实精彩，有很多收获、经验和教训。” 今天（3月25日）泡泡玛特创始人王宁在业绩会上做了一个极为生动的比喻，谈论公司经历的烈火烹油般的2025年。 资本市场总是在寻找下一个伟大的消费奇迹，Labubu带着泡泡玛特经历了这一段奇幻旅程，也带动潮玩产业经历了一场史无前例的价值重估。怀疑者认为盲盒只是一阵短暂的风潮，IP的生命力也常常受到投资者的质疑，泡泡玛特一直努力打破这种偏见。 3月25日，泡泡玛特交出了2025年成绩单。全年收入371.2亿元，同比增长184.7%；公司拥有人应占溢利127.8亿元，同比增长308.8%；THE MONSTERS一个系列IP就贡献了141.6亿元，占总收入38.1%。 现在投资者担心的，不是它曾经跑得不够快，而是它跑得太快之后，下一程还能否稳住节奏。 过去两年，泡泡玛特的股价几乎成了港股情绪消费的晴雨表。泡泡玛特股价在2024年录得约360%的涨幅，大幅跑赢大市；到2025年8月，公司市值一度超过传统玩具巨头Mattel与Sanrio等同行。 但到2026年，市场开始担心Labubu热潮能持续多久，股价已较2025年8月高点回落约40%。这家公司既是消费低迷时代最耀眼的故事之一，也是市场最担心会被爆款反噬的案例之一。 把泡泡玛特推上这个位置的，正是Labubu。2025年，Labubu所在的THE MONSTERS系列收入达到141.6亿元，同比增长365.7%。与此同时，毛绒品类收入达到187.1亿元，同比增长560.6%，占总收入一半以上。 换句话说，Labubu不只是卖得好，它还改变了泡泡玛特的产品结构、利润结构，甚至海外扩张节奏。美国、欧洲、东南亚的门店前排起长队，纽约感恩节游行、巴黎巡展、明星带货与社交媒体二次传播，共同把一个原本属于潮玩圈的IP推成了全球流行文化事件。 问题也由此而来。Labubu真正需要提防的，不一定是模仿者，而是热潮本身的短暂性。2025年10月，随着二手市场转售价格回落，投资者开始担心需求见顶。市场现在争论的重点，已经不是Labubu是不是红过，而是它能不能从一阵风，变成一种稳定的消费习惯。 泡泡玛特管理层显然也意识到了这一点。3月25日的业绩会上，王宁把2025年形容成一个新手赛车...

随着特朗普政府加大推动结束与伊朗战争的努力，令市场对通过外交途径结束中东冲突的希望初步升温，周三股市收复部分失地，债券上涨，油价回落，布伦特原油重新跌破每桶100美元。 美国向伊朗递交了一份结束战争的15项内容方案，令市场预期解决方案可能临近，霍尔木兹海峡所承受的压力也有望缓解。另有报道称，伊朗将允许“非敌对”船只通过该海峡，也对油价形成下行压力。国际调停方正推动双方于周四举行会谈。 欧洲斯托克600指数上涨1.3%，有望录得自冲突爆发以来首次连续三天上涨。 美国股指期货走高。 道琼斯 工业平均指数期货和标普500指数期货均上涨1%，科技股占比较高的纳指期货在盘前上涨1.1%。 在美国盘前交易中，Newmont Corp． 和 Freeport-McMoRan Inc． 等矿业股涨幅居前。Arm Holdings Plc 因计划在未来五年内通过芯片销售实现每年约150亿美元收入，股价大涨13%。 亚洲股市周三上涨。韩国 Kospi 指数收涨1.6%，连续第二个交易日上扬，受国防类股上涨带动。中国上证综指收涨1.3%，日经指数收涨2.9%。值得关注的个股中，SoftBank 在 Arm 正开发自有芯片的消息刺激下大涨。 油价跌破100美元 尽管霍尔木兹海峡实际上仍处于关闭状态，布伦特原油仍下跌4.7%，跌破每桶100美元。美国原油基准WTI下跌3.9%，至每桶86.28美元。Saxo Bank 首席投资策略师 Charu Chanana 表示：“战争往往不需要真正结束，市场就已经先见底。只要进一步升级的概率开始下降，投资者通常就会提前行动。” 欧洲天然气价格大跌，因市场对局势降温的希望盖过了供应中断的担忧。基准荷兰TTF近月合约下跌6.4%，至每兆瓦时50.58欧元。不过，澳新银行分析师表示：“在上周其设施遭袭后，卡塔尔能源公司已对部分供应合同宣布不可抗力。”对欧洲来说，关键风险在于与亚洲争夺LNG货源的竞争加剧。 经历了数周由新闻标题驱动的剧烈波动后，交易员暂时获得一些喘息空间；这些波动已使标普500指数走向一年来最大单月跌幅。尽管周三市场有所反弹，投资者依然保持警惕，因为伊朗仍在持续攻击周边国家，且多位官员释放信号称，伊斯兰共和国尚未准备好进行谈判。 ABN Amro Investment Solutions 首席投资官 Christophe Boucher 表示...

Meta Platforms has unveiled ambitious executive pay incentives, targeting a $9 trillion market capitalization by 2031 as it looks to get ahead in the intensifying AI talent race. Under the stock options program, which includes six leaders but not CEO Mark Zuckerberg, the full value of the options would only be realized if Meta stock jumps more than 500% to $3,727, according to filings late Tuesday. Meta stock rose 1.4% ahead of the open Wednesday.

Apple (AAPL) Options Trader Sees Notable Gains on Recent Puts GuruFocus

伊朗半官方的法尔斯通讯社援引知情人士报道称，美国已加大力度争取停火并与德黑兰启动间接对话。 伊朗聚焦于实现反抗对方的战略目标，只有在目标达成的情况下结束战争、而非停火才有可能。 法尔斯通讯社还称，伊朗不接受停火，因为与违反协议的各方开始这一进程不合逻辑。 责任编辑：李肇孚