阿联酋总统外交顾问：尽管面临伊朗的袭击，阿联酋仍在多个关键领域持续实现增长和扩张。

Goldman Sachs initiated coverage of Zhongji Xuchuang (03308.HK) H shares with a buy rating and a HK$3,267 price target. It forecasts revenue CAGR of 78% in 2026-28, driven by silicon photonics (SiPh) optical module shipment growth and the company expanding from scale-out into scale-up and scale-across markets. Goldman’s net profit forecasts for 2026 and 2027 are 25% and 42% above consensus, respectively. It expects gross margin to improve from 42% in 2025 to 50% in 2028 and projects net profit to post an 84% CAGR in 2026-28.

高盛认为，美国劳动力市场仍处于供需平衡状态：由十项就业指标构成的闲置程度追踪器，比上一轮经济周期后期高约1个百分点；工资增速也低于其估算的、与2%通胀相匹配的水平。 最新官方数据提供了相似信号。美国8月失业率维持4.1%，平均时薪同比增长3.1%；尽管当月新增就业反弹至16.2万人，过去12个月的月均增幅仍只有3.1万人。 7月工业产能利用率为76.3%，较1972—2025年长期均值低3.1个百分点，制造业利用率也低于长期均值。因此，当前尚未出现工资与产能共同紧张的全面过热。