拥抱碳中和。

Embracing carbon neutrality.

1. Pathway to sustainability.

① After decades of successful reforms and opening-up, it is the right time for China to seek to achieve high-quality development in a greener and more sustainable way.

② Carbon neutrality offers such a pathway to sustainability.

③ Following years of regional pilot projects, China’s first national carbon market—a key policy instrument to achieve the nation’s ambitious goal of carbon neutrality—started trading in July.

④ Currently only covering power companies, the market is likely to expand trading activities to more sectors such as auto and cement.

2. Riding on the super trend.

① NEV and renewable energy are the major beneficiaries from the replacement of ICE cars and fossil fuels.

② NEV sales will continue to support xEV battery demand when we see lithium price supported by tight supply amid solid demand.

③ Hydrogen is set to become an important and fast-growing low-carbon energy source in the next 30 years when natural gas can be also helpful as a transitional energy source during decarbonisation.

④ As a large carbon emitter, the basic materials sector including cement, steel, coal and aluminium will see capacity reduction and upgrades, leading to better supply-demand dynamics.

⑤ The industrials sector will also embrace rising demand.

【人工智能在ETF行业的应用开始增长】人们越来越认识到，人类选股者难以超越其基准指数，这促使被动管理的交易所交易基金(ETF)持有的资产大幅飙升。现在一些公司希望表明人工智能最终可以给它们带来优势。对于人工智能系统是否真能消除人类的偏见以及它们需要多少监督，业界还存在分歧。
有两家运营专门人工智能ETF的基金管理公司EquBot和Qraft Technologies声称取得了初步成功。去年8月，Qraft的人工智能技术在其Qraft AI-Enhanced US Large Cap Momentum ETF(AMOM)中建立了14.7%的特斯拉权重，一个月后它将这些持股全部出售。该ETF在11月又开始买入特斯拉，但在2月的它又一次卖出了全部持股。在每一次卖出时，它都预见到了特斯拉价格的急剧下降，并在重新买入时能够从随后的上涨中获利。

【游走山城重庆 感受璀璨与华丽】有“3D立体魔幻都市”之称的重庆，是一座既有诗情画意又极具烟火气的城市。快戳图，和我们一起欣赏重庆的夜景吧～The so-called "3-dimensional" city of Chongqing in southwest China covers a large area crisscrossed by rivers and mountains, which guarantees magnificent views both day and night.