LTCG tax cut alone won't lure FPIs, says Bernstein; Nifty target cut to 25k
A sharp 1-2 day market rally that an LTCG cut would trigger may actually be used to offload positions, Bernstein said in an October 19 note.
#研报/观点
外媒与科技媒体长文、研究号文章。按时间排，不论是否入选精选。
Business Standard利空AI 评分2727 卫报AI 评分2626 The housing crisis is now global. It shows just how undemocratic our nations have become | Leilani Farha
When we can’t even afford to rent or buy somewhere to live, we have to ask: did we give the financial sector too much power?Leilani Farha is the former UN special rapporteur on adequate housingIn the summer of 2021, I visited a homeless community in a park in Toronto, Canada, and spoke to one of the
财富AI 评分3737 The inventor of BRICS has a message for ‘lazy, colonial’ Europe—India and China are still not taken seriously enough on the world stage
Jim O’Neill’s Goldman Sachs Economics Paper No. 66 reshaped how business leaders looked at the world, but it may now be time for a significant upgrade
彭博AI 评分3535 Europe’s Unity on China Can Move the Needle: Eskelund
European Union Chamber of Commerce in China President, Jens Eskelund, says a more unified European approach to China could reshape trade relations. He joined Paul Allen on Bloomberg’s Insight with Haslinda Amin to discuss EU-China trade tensions and the outlook for European businesses in China. (Sou
路透社AI 评分99 COMMENTARY: AI isn’t Asia’s only game in town - Reuters
COMMENTARY: AI isn’t Asia’s only game in town Reuters
雷锋网AI 评分3434 复旦贾萧松：VLA、WAM新架构层出不穷，但真正的瓶颈不在模型架构 | 世界模型50人
严骏驰一通电话，贾萧松五年几次转向。作者：李秋悦编辑：吴彤2021年年底，贾萧松直博上海交通大学没多久，在宿舍里接到一个电话。电话是贾萧松的博导严骏驰打来的，问他接下来读博想研究什么？贾萧松的回答是继续做自动驾驶轨迹预测。两年前，贾萧松在交大致远学院读大三，参加了加州大学伯克利分校的一个暑研项目，在控制理论学者富塚城义（Masayoshi Tomizuka）团队做研究，从车辆交互与轨迹预测入门自动驾驶领域。贾萧松想继续做老本行的打算，本无可厚非。2019年，贾萧松到UC Berkeley访学但严骏驰建议贾萧松换一条路，理由是预测夹在感知与决策之间，上下游都受限制，不如做端到端。彼时的贾萧松也意
IT之家AI 评分2121 研究发现：AI 可篡改人类记忆，植入从未发生的虚假事件
IT之家 10 月 19 日消息，据 Washington Post 报道，研究发现，AI 可篡改人类记忆。这项实验一开始准备了 24 张普通照片：婚礼、城市街道、赛跑场景。麻省理工学院媒体实验室教授帕蒂 · 梅斯（Pattie Maes）和同事把这些照片展示给了 200 名受试者。短暂休息后，一部分人再次看到原图；另一部分人看到经过 AI 修改的版本 —— 人物面部表情被改动、画面中新增军人形象，或是添加气候变化相关景象。随后研究人员开展记忆测试。梅斯看到结果时感到震惊：观看 AI 篡改图片的受试者，产生错误记忆的概率大幅上升。更严重的是，她表示，他们对这些虚假记忆的自信程度反而更高。梅斯说
Business InsiderAI 评分2020 What smart people are saying about Anthropic's 5% 'public benefit' pledge
Anthropic's announcement generated enthusiasm, skepticism, and lots of questions.
彭博利好AI 评分2121 Rhee: Korea in an Enviable Position
Rhee Chang Yong, PIIE Nonresident Senior Fellow and former Bank of Korea Governor, says Seoul should use the windfall from AI-related exports to create buffers against competition from China. He speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai. (Source: Bloomberg)
彭博利好AI 评分5555 中国三季度经济增长超预期回升，9月房价降幅放缓
中国三季度经济增长加快，幅度超过预期；9月房价降幅放缓。Maybank Macro Research Director Erica Tay 讨论这些变化对刺激政策预期可能意味着什么。
彭博AI 评分3131 PIIE’s Lovely on China-US Trade
Mary Lovely, Senior Fellow at PIIE, says China’s dominance in rare earth production gives Beijing significant leverage in trade issues with the US. She speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai. (Source: Bloomberg)
金融时报AI 评分1717 Has America’s wave of anti-globalisation populism peaked?
When voters turn, leaders follow
IT之家AI 评分4848 豆包刘星回应“国内超一半算力在造爽剧”：字节总算力约 10% 用于视频生成模型训练和推理
豆包公关负责人刘星回应“国内超一半算力在造爽剧”，称字节总算力中约 10% 用于视频生成模型的训练和推理。中文在线披露，国内 AI Token 消耗中，55% 用于短剧和视频生成，24% 用于电商广告，15% 用于研发；短剧与视频生成的 Token 消耗量超过软件开发的两倍。
彭博AI 评分1818 The UK Shows How AI Could Affect Jobs
The UK is at the sharp end of transformations in the age of AI because finance, one of the industries most exposed to disruption, is also one of the UK’s biggest employers and most important exports. Bloomberg Opinion columnist Paul J. Davies explains why other nations should watch closely. (Source:
金融时报AI 评分00 Burnham always wants to look like he’s listening, especially when he isn’t
A behind-the-scenes look at the work of Rutherford Hall, critical communications strategist
钛媒体AI 评分6464 卖Token为何难赚钱？文章梳理三类服务商的业务与盈利数据
文章梳理了云厂商、AI基础设施创业公司和传统算力企业进入Token服务的路径，并指出调用量增长不必然带来利润增长。国家数据局数据显示，日均Token调用量从2024年初约1000亿增至2025年底100万亿，2026年3月突破140万亿；硅基流动2025年收入5533万元、毛利率为-24%，九章云极2025年超过九成收入来自智算基础设施解决方案。
钛媒体AI 评分5151 传音的AI能否改善成本压力与互联网服务变现
文章分析传音控股在港交所挂牌后首日破发，并认为其产业链位置限制了上游成本向下游传导的空间。文中称，2026年前四个月存储芯片占已售存货成本比例升至48.4%，非洲出货量同比下降14%、市场份额由51%回落至47%；传音将40%募资投向端侧AI，文章讨论其对广告匹配、用户留存及交易入口的潜在作用。
钛媒体AI 评分2626 新茶饮能否容得下“小而美”？
如果失去了文化，新茶饮就是一杯解渴的饮品。
钛媒体同新闻AI 评分7575 商务部、科技部征求修订技术出口目录意见，创新药技术管控范围收窄
商务部、科技部10月16日发布公告（2026年第48号），就修订《中国禁止出口限制出口技术目录》公开征求意见，并对相关技术实施出口前登记的临时管理措施。
IT之家AI 评分4747 理想汽车CEO李想：主机厂深入研究电池核心技术有利于行业和消费者
理想汽车CEO李想发文称，汽车主机厂深入研究电池核心技术，有利于行业发展和消费者利益。他表示，专业供应商与整机厂商应共同推动产业进步，理想汽车希望成为最懂电池的企业。理想汽车电动技术发布会定档 10 月 20 日 19:30，将公布最新技术进展。
金融时报AI 评分1717 Private equity finds next Asian frontier
Foreign firms make up majority of large buyout deals in Asia’s fourth-biggest economy
IT之家AI 评分3333 天猫总裁家洛：双 11 不可能回到最初的全平台粗暴打 5 折
IT之家 10 月 19 日消息，据澎湃新闻报道，在接受媒体采访时，天猫总裁家洛表示，双 11 不可能回到最初的全平台粗暴打 5 折。家洛表示，当时双 11 的形式主要是限量商品卖完，当它变成有数亿消费者、百万商家参与的活动时，双 11 要做的不是 5 折，而是商家拿出全年最低的真实优惠。IT之家注意到，10 月 15 日举行的天猫发布会披露，今年天猫双 11 吸引了 100 万全球品牌、7200 万款商品参与，均创历史新高。天猫双 11 将于 10 月 20 日晚 8 时正式开启。据介绍，在优惠规则上，今年天猫进一步简化了促销机制，取消了跨店满减。家洛表示，“我们从去年就已经减少了，今年天猫
钛媒体AI 评分6161 钛媒体分析人形机器人后市场与能源银行模式
钛媒体文章围绕人形机器人全生命周期成本，分析电池更换、运维、技能服务、保险和平台迁移成本等后市场支出。文章列举 FF 与 FFR 的硬件及技能包、课程定价，京东与 200 多家机器人企业建立售后合作，以及其标准化电池方案的公开信息；并指出行业标准化可能改变专用接口与耗材的商业模式。
IT之家AI 评分4646 中信证券看好国产大模型持续崛起，认为 DeepSeek Harness 有望完善生态与商业化闭环
中信证券看好国产大模型持续崛起，并认为 Harness 有望帮助 DeepSeek 将开源与工程优势转化为用户基础、生态影响力和商业化能力。报告称，DeepSeek 通过插件化、场景预设与跨 Agent 协作拓展用户和任务覆盖，并可探索平台服务与生态交易。IT之家称，DeepSeek Harness 于 2026 年 8 月开源，采用 MIT 许可证，以 TypeScript 编写。
The AtlanticAI 评分4646 站在普京一边是巨大错误
特朗普周五宣布豁免对俄部分制裁，文章认为此举迎合俄罗斯，却未能促使普京谈判。文章对比普京与泽连斯基，称俄罗斯自2014年起对乌克兰发动战争，乌克兰则寻求谈判并抵御入侵；作者主张美国支持乌克兰。
CNBCAI 评分55 Why I am taking the other side of the trade that crushed the market Friday
How did this happen so quickly? Where were the buyers? I have some answers.
The AtlanticAI 评分7373 《大西洋月刊》称特朗普暂停对俄制裁使美国转向俄罗斯一方
《大西洋月刊》作者认为，特朗普暂停对俄制裁使美国转向俄罗斯一方，并削弱对乌克兰的支持。特朗普在制裁法案原定生效前两天签署行政令，暂停执行制裁，未设定恢复时间；此前，他还放宽了俄罗斯柴油销往美国及其他市场的限制。
财富利好AI 评分6161 财富评论：下一轮AI竞赛将在信贷市场决出胜负
财富评论称，AI竞赛的下一阶段将很大程度取决于企业和国家能否以低成本、大规模筹集资本，竞争焦点正从前沿实验室转向信贷市场。
TechCrunchAI 评分1818 No agenda, no rush, no leaving San Francisco: Benchmark’s partners on investing in a frenzied market
Benchmark may have grown its funds and swapped out some partners, but onstage the five who are left sounded like friends who just happen to be running one of the Valley’s most storied firms
The VergeAI 评分44 Mister Organ is one of the most unsettling documentaries I’ve ever seen
Mister Organ doesn't reach the level of societal horror of The Act of Killing or the creepypasta-meets-true-crime gruesomeness of Beware the Slenderman, but there's something deeply unsettling about Michael Organ and his intimate campaign of terror against everyone who enters his life. Mister Organ
PoliticoAI 评分1818 Democrats’ Tejano star sings to swing South Texas
Bobby Pulido is trying to flip a district that’s slipped from Democrats. The Tejano singer might be the answer to winning culturally conservative Latino voters.
财富AI 评分4040 美国消费者担忧高科技定价，但研究发现记录到的动态定价变动中约一半是降价
一项追踪美国商品价格变动的研究发现，记录到的动态定价变动中约一半是降价，与消费者认为动态定价只会推高价格的假设相反。研究由网络数据公司 Decodo 于 2025 年开展，覆盖电子产品、服装和家居装修用品。文章还讨论了数字价签和个性化定价引发的消费者与监管关注。
财富AI 评分1818 A former Trump Organization executive vice president says Trump ‘could be a better negotiator if his ego didn’t get in the way’
“Any concession that should be made, he can’t make. Then, with the other parts of it, nothing can continue. He just has to win everything.”
钛媒体AI 评分2222 价值判断：涨停板的投资机会和风险提示（10月16日）｜上市公司观察
本期入选标的呈两头分布：一头是三只首次涨停且估值深度低于济安定价的品种，分别来自供应链电子、汽车零部件与军工电子方向，属前期股价长期低位徘徊、由题材催化与板块轮动推动的低位修复品种；另一头是一只估值显著高于济安定价的连续涨停品种，来自密码安全与量子科技方向，短线资金由主题情绪推动。
钛媒体AI 评分1717 济安金信行业分类对养老金投资的价值观察
一套贴合本土实体经济的行业分类底座，将为我国多支柱养老金体系长期稳健增值筑牢底层数据根基。
彭博利空AI 评分1414 Rep. Veasey Calls for Scrutiny of Trump Russia Ties
Rep. Marc Veasey, a Texas Democrat, tells Bloomberg This Weekend that President Donald Trump’s recent moves involving Russia and Ukraine warrant greater congressional scrutiny, while warning that questions over Ukraine’s access to US military technology could undermine allies’ confidence in American
Business StandardAI 评分88 PM Modi, Shah and CEC Kumar will pay price for 'vote chori': Rahul Gandhi
Gandhi joined the Congress's 'Goy Rakhon Yatra' in Margao, walking two kilometres with workers and leaders
Business InsiderAI 评分4141 AI公司抓取网络数据后，开始寻求人类工作方式数据
AI公司在抓取大量网络内容后，正加速争夺能反映人类实际工作方式的数据。企业向AI公司出售匿名Slack消息、邮件、演示文稿和内部文件，交易金额可达六位数甚至七位数；律所也在用数十年法律知识构建AI系统，另有公司付费请人记录烹饪、仓库打包等工作，训练机器人。
财富AI 评分3030 Tim Cook says late Apple cofounder Steve Jobs gave him this unforgettable advice before handing over the reins as CEO: ‘Never ask what I would do’
Former Apple CEO Tim Cook says the advice from Steve Jobs was a “gift” in leading the $4.86 trillion tech giant: “I just put my head down and thought, ‘I’m going to be the best version of myself.”
财富AI 评分1414 Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Even without a college degree, Costco CEO Ron Vachris rose from the warehouse floor to the corner office—guided by his father’s advice.