甲方乙方小米集团今天开盘下跌6.87%。_我的网站
A |  The yen has weakened in recent days, edging closer to the psychologically important 160 level against the US dollar. The decline comes despite the widely watched move by Washington to join Tokyo in supporting the currency. Less than two weeks after the US-Japan intervention, the yen has given up roughly half of its gains, raising fresh questions over the effectiveness of coordinated efforts to stabilize the exchange rate. Japan and the US had previously confirmed coordinated foreign exchange intervention to prop up the yen after the currency tumbled to a nearly 40-year low. At the time, some observers saw the move as potentially stabilizing the yen in the short term, although its longer-term impact remained uncertain. However, the subsequent market reaction suggests that even the short-term effect may have been limited. After strengthening to about 155 per dollar in the days following the intervention from above 163, the yen had slipped back above 159 by Wednesday, less than two weeks later. Questions have emerged over whether further support for the yen may soon be needed, and whether Washington would consider stepping in again. The previous intervention was seen by some observers as a test of market confidence: the unusual coordinated move had the potential to influence market expectations and discourage bets against the yen. But if market expectations remain largely unchanged, repeated interventions could deliver diminishing returns. The US may face a difficult trade-off. Another intervention could require greater resources and come at a higher cost, while refraining from further action could raise questions over the lasting impact of the previous effort. Market commentary has added to the uncertainty. Axios published a report headlined "Yen's weakness shows market isn't done pushing," while some reports suggested that the impact of the US-Japan intervention was beginning to fade. Such narratives could weigh on sentiment toward the yen and reinforce market expectations that the currency's weakness may persist. Washington's involvement in supporting the yen may reflect broader economic and policy considerations. These could include avoiding a scenario in which Japan sells US Treasury holdings to support the currency, as well as concerns that a weaker yen could give Japanese exporters a greater competitive advantage. These possible considerations suggest that the intervention alone does not fully address the underlying forces behind the yen's weakness. This may help explain why the market has so far been reluctant to view the move as a turning point for the currency. Washington's decision to join the intervention may have reflected concerns, as some observers suggest, that the yen's prolonged weakness had begun to affect US interests. If markets remain unconvinced by the US-Japan intervention, one possible outcome is that Washington could push Japan to take more costly measures to support the yen. Such a scenario could instead create some strain between Washington and Tokyo. Beyond short-term market dynamics, the yen's weakness also reflects deeper challenges facing the Japanese economy, making a sustained reversal difficult. The currency's prolonged weakness has been influenced by the interest rate gap between Japan and the US, while also reflecting longer-term concerns over the diminishing returns of Japan's traditional growth model. This leaves Japan facing a delicate policy balance between supporting growth and stabilizing the currency. While lower interest rates could help boost economic activity, continued weakness in the yen may strengthen calls for Japan's central bank to consider further rate increases to narrow the interest rate gap with the US. Japan's structural challenges mean that a sustained appreciation of the yen will not be easy to achieve. The question of whether to pursue stronger measures, even at the cost of some economic growth, has become more complicated as the US takes a role in the issue. Japan may face greater pressure to support the currency, even though doing so would be difficult and could carry broader economic costs. The author is a reporter with the Global Times. [email protected] 。1月10日，小米集团今天以9.63港元开盘，较昨日收盘价下跌6.87%。到北京时间10:24，小米集团（01810.hk）下跌3.77%，至9.95港元。小米昨日收于10.34港元，较昨日的10.50港元下跌1.52%。小米昨日开盘价为10.50港元，较前一交易日收盘价下跌5.41%。
B | 在过去的三天里，小米的股票下跌了14%。此前，高盛（Goldman Sachs）和中国金（China King）分别下调了谷子目标价格。昨天，在小米上市的整整半年里，期权禁令被取消。小米宣布，其控股股东自愿承诺在未来365天内不会直接或间接出售公司的受益股。为了表达对公司长期价值的信心，雷军承诺将继续锁定股票一年。他在上市前获得的99亿元股权激励将用于慈善事业。今天，雷军宣布了任命通知。金利前总裁陆维兵，小米集团副总裁，红米红米品牌总经理。他负责红米的品牌建设、产品设计、生产和销售，并向林斌总经理汇报。
C | Current article:http://www.laojiusidaosenleliao.bond/gtq1ci4/20260826/186.xlsx Published on:10:57:08 |
