拼多多盘中一度大跌超 8%，为今年 3 月以来最大跌幅。消息上，灰熊研究公司发布了一份简短的报告，题为 “我们相信 PDD 是一家垂死的欺诈公司，其购物应用 TEMU 是一个巧妙隐藏的间谍软件，对美国国家利益构成了紧迫的安全威胁”。

遭机构唱空 拼多多一度大跌超 8%

The Power of AI in Business Transformation.

McKinsey & Company: The Key Period for Chinese Enterprises to Win in the Next Decade

蚂蚁 “大图模型” 亮相外滩大会

The big winners in the secondary market, the big losers in the real world.

A man who made billions in the financial crisis, but is now "trapped" in an island nation.

腾讯云揭开了其自主研发的通用大模型——混元的神秘面纱。

马化腾还是急了

造假论称，英伟达和一些大厂做局，给英伟达下了较多订单。这些订单都有问题，是为了配合英伟达做收入！？

Coreweave 何方神圣？“英伟达造假论” 在外网炸锅了

SUN Zhengyi's offer, do you dare to take it?

Not NVIDIA, but more expensive than NVIDIA! Is Arm worth $52 billion?

当地时间周三，美国 SEC 披露的文件显示，英伟达董事长兼 CEO 黄仁勋于 1 日、5 日和 6 日兑现期权，每天卖出 29,688 股英伟达股票，合计卖出约 8.91 万股。

黄仁勋三天内兑现期权共卖出约 8.91 万英伟达股票

金十数据 9 月 7 日讯，港交所权益披露资料显示，红杉中国减持美团股票，持股比例由 2.32% 降至 1.86%，交易均价 129 港币，共减持 2635 万股，涉资约 34 亿港币。对于此次减持，有市场人士表示，这是基金正常退出，红杉中国是美团的长期投资者，至今已投资 17 年，减持的原因在于向投资者退还投资本金及利润，并非看淡美团基本面。

红杉中国减持美团 2635 万股 市场人士：系正常退出并非看淡其基本面

金十数据 9 月 7 日讯，瑞幸咖啡 7 日下午发布通知，称酱香拿铁热度远超预期，目前原料供应不足，多数门店本周内陆续出现售罄。瑞幸已经向贵州茅台紧急采购新一批 53 度飞天茅台酒，并组织供应商紧急生产，预计 10 日起部分城市门店恢复供应，19 日起全国门店陆续恢复供应。（21 世纪经济报道）

瑞幸：酱香拿铁原料断货，将再向茅台采购飞天茅台酒

金十数据 9 月 7 日讯，随着投资者加大对美联储进一步收紧政策的押注，美股股指期货小幅走低。而欧洲股市收复失地，在连续六天下跌后微涨 0.2%。在德国 7 月份工业产出再次下降后，欧洲斯托克 600 指数开盘走低，但随着公用事业和建筑类股的上涨，该指数在交易日内也收复了失地。美元延续涨势，升至 6 个月高点，投资者关注美国强劲的经济增长前景。周三，美国公布了超出预期的 ISM 服务业活动数据。

美元攀升至六个月高点，美股股指期货走低

蚂蚁集团将迎来 “iPhone 时刻”？

金十数据 9 月 7 日讯，对借款人购买 6（含）至 35 年之间房龄的存量住房的住房公积金最长贷款期限进行调整。其中，所购存量住房房龄为 6（含）至 20 年之间的，住房公积金最长贷款期限从原来的不超过 “35 减房龄” 的计算规则调整为不超过 30 年；所购存量住房房龄为 20（含）至 35 年之间的，住房公积金最长贷款期限从原来的不超过 15 年调整为不超过 “50 减房龄”。

上海：调整本市住房公积金购买存量住房最长贷款期限

上海出台住房公积金支持城市更新政策：一是支持购买更新改造后房屋公积金提取；二是支持项目建设期内租房公积金提取；三是扩大提取申请人范围。

曾经怀疑 LLM 能干什么用的苹果高管，如今急了。苹果一天烧几百万美元，只为把 Apple GPT 塞进明年发布的 iPhone 里。

苹果日砸百万，豪赌 2000 亿参数 Apple GPT！疯狂挖角谷歌，打造核弹级 iPhone

Musk made a last-minute request for the appearance of the Cybertruck, demanding that "design and manufacturing errors" be reduced to below 10 micrometers, which is simply a "pipe dream" for mass production.

What happened to the promised delivery by the end of September? Tesla's Cybertruck pickup is being delayed again?

Stock markets are coming off a rough month on soaring bond yields and concerns about China's economy, but strategists with some of Wall Street's biggest banks are cautiously optimistic.

Can stocks finish strong in 2023? Wall Street giants weigh in

港股震荡下行，恒生科技指数跌超 2%，恒指跌 1.25%，科网股持续低迷。

市场消息：Coinbase 解决了美国借记卡提现的问题。

First batch of customers benefited on September 25th

Latest Process Revealed for Mortgage Rate Reduction: Some Mortgages Automatically Adjusted without Application

小米大模型首个落地产品 “小爱同学” 正在持续开放邀请内测。据首批邀请内测的用户反馈，小爱大模型在翻译、规划、写代码等等场景中表现良好。小米公司官微发布信息称，小爱大模型拥有强悍的理解能力和丰富的知识储备。现在，TA 可以写周报、做旅游攻略、制定健身计划，甚至写代码。

小米升级大模型 “小爱同学”：持续开放邀请内测

港股地产股高开低走，融创中国目前跌超 6%，早间一度涨超 20%。中国恒大目前跌近 8%，碧桂园跌超 8%。

The hawkish expectations of the Federal Reserve have intensified, leading to a massive sell-off of real estate giants like DR Horton, favored by the stock market guru, on Tuesday. On Wednesday, the technology sector experienced a widespread decline, with the Nasdaq falling for three consecutive days.

Has the "God of Stocks" and AI, the "two major beliefs" in the US stock market, collapsed one after another?

这次茅台咖啡概念，就是茅瑞两家合作后，找来酱香型香精厂，外加一家乳制品工厂代工的结果。如果没有香精，0.5% 茅台酒达不到酱香咖啡中的酒香浓度。

原来瑞幸和茅台的中间商是塞尚乳业

中国 8 月以美元计算贸易帐 683.6 亿美元，预期 739 亿美元，前值 806 亿美元。

中国 8 月以美元计算进口年率 -7.3%，预期-9%，前值-12.40%。

中国 8 月以美元计算出口年率 -8.8%，预期-9%，前值-14.50%。

行业 “内卷” 加剧，出海谋求新增量。

新股前瞻 | 顺丰 “二次上市”，意在何为？

路透北京 9 月 7 日 - 中国互联网巨头–腾讯控股周四正式将自主研发通用大模型–“混元” 向产业亮相。公司高管称该大模型拥有超过千亿参数的规模，在腾讯内部已有超过 50 个产品运用混元大模型。

更新版 1-中国腾讯发布自研千亿参数大模型 “混元”，已有超 50 个内部产品运用

Due to Huawei's adoption of the new Kirin processor, it is expected that Qualcomm's SoC shipments to Chinese smartphone brands will decrease by at least 50-60 million units in 2024 compared to 2023, and will continue to decline year by year. In addition, in order to maintain its market share in China, Qualcomm may initiate a price war as early as the fourth quarter of 2023.

Guo Mingchi: Huawei's smartphone shipments are expected to reach at least 60 million units in 2024, with Qualcomm being the main loser.

Included in the Hong Kong Stock Connect for three days, the market value has increased by over 7 billion. Can Zhenjiu Lidu welcome a valuation reconstruction?

腾讯集团高级执行副总裁、云与智慧产业事业群 CEO 在腾讯全球数字生态大会上宣布，腾讯混元大模型正式亮相。

腾讯混元大模型正式亮相

中国恒大、融创中国盘初快速走高，涨幅均超 20%；碧桂园涨超 9%。

Tesla is scheduled to halt production this quarter for factory upgrades, so both production and sales will face limitations. However, the management is very optimistic about the future performance of the all-electric pickup truck, Cybertruck, and the redesigned Model 3. In addition, the management expects the next generation of compact cars to be Tesla's "biggest growth opportunity."

After meeting with Tesla executives, Deutsche Bank concluded that the delivery volume and profit margin in the third quarter may be disappointing.

ChatGPT hopes to enhance people's interest in its products while facing increasingly fierce competition from other AI companies.

ChatGPT-5 is online? OpenAI will host its first Developer Conference on November 6th.

金十数据 9 月 7 日讯，天风证券分析师郭明錤今天再次分享了对华为自研麒麟（Kirin）处理器的分析报告，认为高通公司受到的冲击最大。预计高通在 2024 年对中国手机品牌的 SoC 出货量，将因华为采用新的麒麟处理器而较 2023 年至少减少 5000–6000 万颗，而且预计逐年减少。郭明錤称其最新的调查显示，高通为了维持在中国市场的市占率，最快可能会在 23 年第 4 季度开始价格战，从而带来不利利润。高通另外两个潜在的风险，分别是 Exynos 2400 在三星手机的比重预期，以及苹果预期将自 2025 年开始采用自家数据机芯片。

郭明錤：高通受华为麒麟芯片冲击影响最甚，或采取降价

据美国 SEC 文件，特斯拉 SVP 朱晓彤 9 月 1 日出售 2500 股特斯拉股票，价值 64.3075 万美元。

Bespoke 投资集团认为，美国的经济衰退可能推迟到 2024 年 6 月初才会发生。数据显示，规模约 25 万亿美元的美国国债市场大约在一年前开始显示出美国经济可能即将陷入衰退的迹象。2022 年 10 月下旬，3 个月期美国国债收益率首次超过 10 年期国债收益率，导致收益率曲线的关键部分出现 “倒挂”，这是过去经济衰退的可靠预测指标。分析师认为，截至周三的数据显示，下一次经济衰退仍可能在 275 天之后，即大约 2024 年 6 月初开始。

Bespoke 投资集团：美国衰退可能在明年 6 月发生

星岛日报援引中原地产的话报道，曾是全球店舖租金最贵的铜锣湾，一家时装店以每月 18 万港元（合 22,952 美元）的价格承租位于该地区的两间店铺，租金比高峰期低了约 95%。这两间店铺位于轩尼诗道 502 号，面积 1,325 平方英尺（123 平方米）。报道未提及这家时装店的名称。

媒体：香港铜锣湾商舖租金较高峰期剧降 95%

So far, India has made progress in the field of smartphone manufacturing, with companies like Samsung Electronics and Apple expanding production in India, although localizing the supply chain is still a long way off.

Can Apple replicate the success of its Chinese factories in India?

After the US stock market closed on Wednesday, Game Station released its second-quarter earnings report, which showed slightly higher revenue than analysts' expectations.

Software sales boost Game Station's Q2 revenue, exceeding expectations, but long-term prospects remain bleak.

The US August ISM Services Index unexpectedly rose to a six-month high, and there is further support from Federal Reserve officials for additional rate hikes if necessary, which has increased market expectations of a rate hike in November. Brent crude oil closed at $90 for two consecutive days, with concerns about inflation rebounding. The two-year US Treasury yield rose above 5%, while the yield on 10-year European and American government bonds reached a two-week high, putting pressure on risk assets. The Dow Jones Industrial Average fell another 200 points, the Nasdaq dropped 1%, and Apple saw its biggest monthly decline in a month, while Tesla's decline of 4.5% was cut in half. The China concept stock index initially rose against the trend but then fell, further deviating from its three-week high, while Luckin Coffee rose by about 5%. The US dollar index briefly broke through 105, stabilizing at its highest level in nearly six months, and the offshore renminbi fell sharply by 240 points and dropped below 7.32 yuan. Spot gold fell below $1920 to a one-week low, and London copper fell 1.4%, hovering at a two-week low.

Worries about the Federal Reserve raising interest rates caused the Nasdaq to drop 1%, while Apple and Nvidia both saw a 3% decline. Additionally, oil prices continued to rise, reaching their highest level in nearly ten months.

Former Federal Reserve Chair Brad stated that when policymakers update their forecasts later this month, they should continue to anticipate one more interest rate hike this year: "Based on the data we have obtained, from a risk management perspective, it may be wise and necessary to continue raising interest rates."

Former hawkish Fed member Brad: Should not abandon the plan to raise interest rates once more this year.

In recent years, Apple has achieved significant results by guiding consumers to purchase high-end models. Even if iPhone sales remain stagnant, Apple's revenue and profit have increased. Analysts warn that this strategy may reach its limit.

The moment of truth for Apple has arrived: iPhone 15 Pro may see a price increase of up to $100.

李强表示，搞 “脱钩断链” 违背经济规律和历史潮流，炒作所谓 “去风险” 本质上还是把经贸合作泛政治化、泛安全化，最终结果是损人损己。10+3 国家要秉持开放合作、互利共赢精神，继续发挥地缘邻近、经济互补等优势，推动地区产业链供应链在稳定畅通中优化升级，共同提升东亚经济竞争力。

李强在第 26 次东盟与中日韩领导人会议上的讲话 (全文)

Deutsche Bank analysts believe that there is a downside risk to the market's expectation of Tesla's flat QoQ deliveries in the third quarter, and there is also a risk to Tesla's profitability for the quarter. Tesla stated that there may be stable demand for the new version of Model 3 after the third quarter. Deutsche Bank believes that the new version could contribute to profitability. Tesla's stock fell more than 4% at one point during the trading day.

Tesla Warning: Global Factory Shutdown to Cause Decline in Third Quarter Production and Deliveries

这一次美国扛起了 “再工业化” 大旗。

汇率再迎 “索罗斯” 时刻

Tesla "Snipes" Xiaomi's Car Manufacturing

With concerns about the smartphone market and its exposure to China, Arm has a potential uphill battle to achieve its valuation.

Arm Holdings IPO: SoftBank’s Chip Maker Could Go Public As Soon As Next Week

瑞银认为，中国电车行业正处” 淘汰赛 “，而赢家将积极推行全球扩张战略。这意味着欧洲将 “被迫” 开启电车 “价格战”，比亚迪将成为行业领跑者。到 2030 年，中国电车品牌的全球市场份额将从如今的 17% 翻倍至 33%，欧洲品牌的市场份额或下降 20%。