高盛将 MSCI 中国指数的全年每股盈利增长预期从 14% 下调至 11%，并将 12 个月指数目标位从 70 下调至 67。

碧桂园 390 万股通过大宗交易以每股 0.8 港元成交。

恒大汽车涨超 7%，公司获 NWTN Inc.场外增持 61.77 亿股普通股股份，价值约 38.9 亿港元。

Under the backdrop of the US stock market breaking through the support level, the Hong Kong stock market has experienced a rather poor performance. Last week, the Hang Seng Index hit a new low for the year, breaching the 18,000-point mark. The current situation facing the Hong Kong stock market is systemic in nature, making it difficult to withstand the bearish pressure on its own.

Intelligence Decision Reference | Jackson Hole Annual Meeting is Coming, Confidence in Hong Kong Stocks Needs to be Restored

中国 8 月五年期贷款市场报价利率 (LPR) 4.2%，预期 4.05%，前值 4.2%。

中国 8 月一年期贷款市场报价利率 (LPR) 3.45%，预期 3.43%，前值 3.55%。

中国央行非对称 “降息”

近日快手自研的大语言模型 “快意” 已开启内测，并为业务团队提供了标准 API 和定制化项目合作方案。 快手方面表示，其 13B 版本 KwaiYii-13B，在多个知名大模型排行榜上均位居前列，显示了其在中英文上都具备非常强悍的能力，在最新的 CMMLU 中文向排名中更是居于首位。同时从人工评测的结果上来看，“快意” 大模型在内容创作、信息咨询和数学解题上已接近 ChatGPT 的能力水平，在代码能力和逻辑推理方面也有优异的表现。据了解，快手 AI 团队将持续迭代 “快意” 大模型，一方面将继续优化模型性能并研发多模态能力 ，另一方面也在推进更多 C 端与 B 端业务场景下的落地 。

快手自研大模型 “快意” 亮相

In the context of sustained economic resilience and expanding government deficits, even if inflation returns to the Federal Reserve's target of 2% in the coming years, interest rates may not return to the ultra-low levels seen before 2020.

"New Fed Communications Agency": Under the "dual high" situation, the era of "ultra-low interest rates" in the United States has come to an end.

美媒近日曝出，印度工厂已经开始生产苹果最新款手机。这意味着，中印量产苹果最新款手机的时间差不断缩小。不过，业界指出，中国在全球科技产品供应链中的主导地位不会被撼动。美媒提醒，印度最终能够生产多少部 iPhone15 手机，很大程度上取决于能否确保足够数量的零部件，而这些零部件绝大多数都需要从中国进口。

印度工厂开始组装 iPhone15，印度被美国高调吹捧为理想的合作伙伴

Meta 计划在本周初时候推出 Threads 的网页版本，但访问权限有限，因为该应用主要面向手机。Instagram 负责人 Adam Mosseri 上周五便表示，Threads 的网页版将很快推出，Meta 已在内部进行测试。不过由于发布计划并非最终确定，其时间可能会有变化。据悉这款应用虽在早期取得成功，但其使用率很快就下降了，许多用户表示，该应用明显缺少一些功能。一家数据分析公司表示，其日活跃用户已从高峰时期的接近 5000 万降至 1000 万以下。

Threads 计划推网页版，但日活已大不如前

品玩 8 月 21 日讯，马斯克本月 20 日在 X 平台上发布了一条消息，暗示他以 440 亿美元收购的社交网络平台 X（原推特）可能会失败。他说：“令人悲哀的事实是，现在没有一个伟大的 ‘社交网络’。我们可能会失败，正如许多人预测的那样，但我们会尽力做到至少有一个。

马斯克：正如许多人预测的那样，X（推特）可能会失败

BI statistical data shows that the S&P 500 index typically rises in the week following the Jackson Hole central bank annual meeting; however, options traders have been increasing their put options recently to hedge against downside risks.

Global stock markets under renewed pressure: Nvidia's performance and Powell's speech are major events!

据报道，今年五月，特斯拉一起数据泄露事件涉及影响超 7.5 万人，其中包括与员工相关的记录。据美国缅因州总检察长办公室发布的通知，这是 “内部不法行为” 的结果。调查显示，两名特斯拉前员工违反了特斯拉的 IT 安全和数据保护政策，挪用了这些信息，并与媒体分享了这些信息。据悉特斯拉对这两名前雇员提起了诉讼，诉讼据信导致包含该公司信息的电子设备被没收。此外，特斯拉还获得了法院命令，禁止前雇员进一步使用、访问或传播这些数据，否则他们将受到刑事处罚。

“内部不法行为” 引特斯拉数据泄露，影响达 7.5 万人

Given the significant gap between the July FOMC meeting and the September meeting, investors are eager to know if Powell's views on the economy have changed since the last Fed meeting.

Market eagerly awaits whether Powell will release new signals at Jackson Hole on Friday?

Amazon has relaunched Amazon Shipping last Friday. This service allows sellers to ship Amazon orders as well as products sold on other websites.

Freight Battle: Amazon Resumes Freight Services, Competes with FedEx and UPS

Aug 20 (Reuters) - DuPont De Nemours Incis in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 billion, Bloomberg News reported on Sunday, citing people familiar with the matter.

DuPont to sell Delrin resins unit to PE firm for around $1.8 bln- Bloomberg News

BUZZ-View of the week-Jackson Hole could halt US yield rise, and also threaten the dollar

The Hong Kong Civil Aviation Department predicts that the passenger volume at Hong Kong Airport will recover to about 80% of pre-pandemic levels by the end of this year and fully recover next year. Overall, the progress of Hong Kong's aviation recovery is in line with expectations.

Secretary for Commerce and Economic Development Edward Yau: Hong Kong aviation recovery progressing as expected, airport passenger traffic expected to fully recover next year.

周一（8 月 21 日）亚太盘初，纳斯达克 100 股指期货涨 0.15%，标普 500 股指期货和道指期货目前大体持平。

由于投资者正面临美联储将在更长时间内维持更高利率的前景，美债收益率不断攀升，标普 500 指数受到冲击，势将创下今年以来最大的单月跌幅。花旗集团美国股票策略师 Scott Chronert 在接受电话采访时称，美国 10 年期国债收益率在 8 月突破了此前一直处于的 3.5%-4% 的区间，随着收益率的攀升，股市的估值也受到了影响。贝莱德全球固定收益首席投资官 Rick Rieder 亦称，股市的一些投资者担心，强劲的美国经济可能会导致美联储加大货币政策的收紧力度。这种担忧加上美国国债供应的增加，似乎正在给股市带来压力。

机构：标普 500 指数恐录得今年以来最大单月跌幅

The early July FOMO turned into fear of losing profits last week. The Viper Report’s Tom Aspray points out the price action that you may have missed at the recent highs.

What You Missed At The July S&P High?

Federal Reserve Chair Powell is speaking later this week at the Kansas Fed's Jackson Hole symposium. . Note for diary & preview - Powell to speak at 10 am ET on Friday August 25 - Jackson Hole ...

Goldman Sachs is not expecting a strong signal from Federal Reserve Chair Powell this week

The People's Bank of China will be cutting loan prime rates today, from earlier: . Economic calendar in Asia - People's Bank of China rate decision due Last week we had rate cuts from the People's ...

Goldman Sachs expect 15bp rate cuts from the People's Bank of China today

ASEAN will coordinate the electric vehicle standards of its member countries, including the standardization of charging and charging interfaces, to facilitate the trade of electric vehicles among member countries.

ASEAN's "Electric Vehicle Ambition": Leveraging China, Japan, and South Korea, standardizing technology, aiming to become the world's factory.

中信证券认为，政策效果最早体现可能要到 9 月，但 8 月经济数据不会进一步恶化，情绪扭转需要时间。

中信证券：政策效果最早体现可能要到 9 月，但 8 月经济数据不会进一步恶化，情绪扭转需要时间

Currently, analysts have extremely high expectations for NVIDIA's earnings report. However, if the company fails to meet its targets, it could severely hinder the AI boom and pose a challenge to tech giants like Microsoft, Google, Meta, and AMD.

This round of AI frenzy faces its "greatest challenge": the unveiling of NVIDIA's earnings report next Thursday!

金十数据 8 月 20 日讯，2023 年 8 月 18 日，中国人民银行、金融监管总局、中国证监会联合召开电视会议，会议强调，要注意挖掘新的信贷增长点，大力支持中小微企业、绿色发展、科技创新、制造业等重点领域，积极推动城中村改造、“平急两用” 公共基础设施建设。调整优化房地产信贷政策。要继续推动实体经济融资成本稳中有降，规范贷款利率定价秩序，统筹考虑增量、存量及其他金融产品价格关系。发挥好存款利率市场化调整机制的重要作用，增强金融支持实体经济的可持续性，切实发挥好金融在促消费、稳投资、扩内需中的积极作用。

中国人民银行等三部门：调整优化房地产信贷政策

ChatGPT 加持的「上古卷轴 5」中，1000+AI 智能体被注入灵魂，能够行动自如，还会陪人聊天。

1000+AI 智能体复活，OpenAI 版元宇宙上线？ ChatGPT+VR 百分百还原「西部世界」

当比亚迪电池开始「挤牙膏」，宁德时代发出奋力一击。

宁王反击比亚迪

一家连锁酒店的 3 大护城河——品牌力、标准化程度、单店模型。

净利润暴增 312.9%！为什么亚朵跑的比锦江、首旅还快 | 见智研究

金十数据 8 月 20 日讯，塔斯社 8 月 20 日消息，俄罗斯航空服务部门代表称，莫斯科多莫杰多沃国际机场和伏努科沃国际机场已暂时关闭，禁止飞机起降。根据 Flightradar 提供的数据，受影响的飞机重新定向飞往谢列梅捷沃国际机场，部分飞机在梁赞地区等待进一步指示。

俄媒：俄罗斯莫斯科两大机场暂时关闭，禁止飞机起降

据报道，芯片设计公司 Arm 提振 IPO 市场，杂货配送集团 Instacart、软件公司 Databricks 和身份验证创企 Socure 等一批硅谷科技公司正重新考虑上市计划。

Arm 提振 IPO 市场，Instacart、Databricks 等硅谷科技公司酝酿上市

8 月 17 日，时光相册 APP 官方发布公告称，将于 2023 年 11 月 15 日 0 点起正式停止运营。所有功能停止使用，同时关闭所有 App 下载入口。公告显示，自 8 月 17 日起，时光相册 APP 关闭备份、分享、任务及会员功能，并停止会员自动续费。至 11 月 14 日 23:59:59 期间，用户可以正常浏览和下载备份过的照片和视频，但无法再备份和分享新的照片和视频。

字节跳动旗下时光相册 APP 将于 11 月正式停止运营

市场资讯：巴菲特旗下伯克希尔·哈撒韦公司目前持有美国最大的住宅建筑商霍顿房屋约 570 万股股票，尽管抵押贷款利率上升和其他行业逆风。

The move highlights the growing debate in San Francisco over driverless cars.

Cruise will reduce robotaxi fleet by 50% in San Francisco while California DMV investigates ‘incidents’

Another big factory is cutting inwards.

近期，李嘉诚创立的长实集团旗下位于北京东四环外朝青板块的豪宅项目 “御翠园” 已经拿到预售证，即将开启预售。据北京市住建委官网信息显示，御翠园位于北京市朝阳区姚家园东里 1 号院，备案名 “逸翠园”，于今年 7 月 18 日获得预售证，预售范围包括 9 栋住宅，准许销售面积为 93212.24 平方米，最高拟售均价为 99744.99 元/平方米、最低拟售均价为 90672.35 元/平方米。公开资料显示，“御翠园” 由长江实业旗下和记黄埔地产（北京朝阳）有限公司开发。据多家媒体此前报道，“御翠园” 所在的姚家园项目地块总面积约 40 万平方米，由和记黄埔于 2001 年时以 7 亿元的价格拿下，楼面价仅 1750 元/平方米。然而，该地块出让后，直至 2005 年 6 月才开始动工，并于当年 11 月开盘销售。

李嘉诚北京一住宅项目将开售：22 年前拿地，房价达当年地价的 50 多倍

牛市的背后，日本发生了什么？——对话野村东方国际侯苏寒

面对开源大模型更低的成本、更快的迭代速度、更高的定制化上限，闭源大模型的壁垒会由什么构建，成为一个问题。

Llama2 开源后，国产大模型在卷什么？

Emerging cloud service providers face the "growing pains".

GPU and AI data centers can't keep up, and even the "beloved child of NVIDIA" can't "run properly."

Casetext 的核心产品之一 CoCounsel，是通过 GPT-4 打造的一款专注法律领域的 ChatGPT 产品，具备查询法律文件、准备证词、生成法律备忘录、总结内容和提取法律合同数据功能，可大幅度提升法律的日常工作效率。

用 ChatGPT 分析法律文件！汤森路透以 6.5 亿美元正式收购 Casetext

Amidst the slowdown in growth shown by other cybersecurity companies, Palo Alto's performance can be considered a shining star in the cybersecurity industry.

Breaking Wall Street Doubts! "AI+ Network Security" Becomes a Revenue Generator, Boosting Palo Alto's Performance Beyond Expectations

The Federal Reserve turns hawkish as economic data shows resilience, dampening expectations of interest rate cuts next year.

Interest rate storm pressures global stock markets, just experienced the worst week since March.

申万宏源王胜：结构性行情会长期存在，低估值高分红企业是 “资产荒” 解药

广告、视频号、企业服务！腾讯在本次财报中的亮眼部分都离不开 AI 助力。但为什么说腾讯股价依旧被低估？

没想到，腾讯靠 AI 闷声发财了

护城河很深的英伟达，还会被颠覆？就算是亚马逊、微软、阿里等巨头，考虑到资本预算有限，利润空间缩小，未来也将不得不在 AI 投资热潮带来的增长与其他因素之间进行权衡！

英伟达：人工智能霸主之战还远未结束

Due to the global decline in demand for smartphones, according to a draft document found in the media, Arm's revenue decreased by 1% to $2.68 billion in the 12 months ending March 31 of this year, based on US accounting standards. However, in May of this year, SoftBank stated that Arm's revenue grew by 5.7% in the latest fiscal year, based on international standards.

The smartphone market slump has dragged down this year's largest IPO, with Arm's annual revenue declining by 1%.

Revenue and sales rebounded, but gross margin declined, and losses reached a new high. XPENG-W still needs to make more efforts.

Gross margin turns negative across the board, Q2 of XPENG-W faces some challenges | Insight Research

"The 'Anchor of Global Asset Pricing' did not exert its influence on Friday, and the US stock market struggled to rebound. The Dow Jones Industrial Average barely halted its three-week decline, marking the largest weekly drop in five months since the collapse of Silicon Valley Bank. The NASDAQ Composite Index experienced its fourth consecutive weekly decline, setting a new record for the longest continuous decline in seven months. The S&P 500 index remained almost unchanged, recording the longest continuous decline in nearly six months. Tesla fell by 11% in a week. Chip stocks rebounded during intraday trading, with Nvidia bouncing back by 6% after a significant decline last week. Chinese concept stocks retreated, with NIO falling by over 7%, XPeng Motors dropping by over 5% after its earnings report, and JD.com declining by over 4%. The yield on the 10-year US Treasury bond retreated, failing to approach the high levels seen since 2007, and continued to rise for the fourth consecutive week. After reaching a two-month high, the US dollar index reversed its gains but still recorded a five-week increase. The offshore renminbi initially rose by over 200 points but then declined. Crude oil rebounded for several days but still experienced a weekly decline of over 2%, marking the first cumulative decline in two months. Gold ended its nine-week decline, temporarily bidding farewell to its five-month low, but still recorded the largest weekly drop in nearly two months, marking the fourth consecutive week of decline."

"The 'Anchor of Global Asset Pricing' flexes its muscles as both US stocks and bonds suffer this week. The Dow Jones Industrial Average experiences its worst weekly decline since March, while the S&P 500 continues its downward trend for the eighth consecutive month."