§0Market Theme Overview
- 今日主线: AI_Compute_Semiconductors（conflicting，24 条）、Memory_HBM（weakening，6 条）、Japan_Value_Trading_Houses（weakening，6 条）
- strengthening / broadening: Crypto_Gold(4/5)
- weakening: AI_Infrastructure(5/5)、Japan_FX(5/5)、Memory_Cycle_Divergence(5/5)、Cloud_Software_AI_Apps(5/5)
- conflicting: Semiconductors_Broad(5/5)、Rates_Duration(5/5)
- 新出现的相邻主题: Cloud_Software_AI_Apps（← AI_Compute_Semiconductors）、Japan_Banks_Rates（← Japan_Value_Trading_Houses）、Shareholder_Return（← China_Internet_Platforms）、China_Memory_Localization（← Memory_HBM）
§1Core Theme Tracker
| Seed Theme | State | Momentum | 近5日 | Evidence (今日新增) | Sub-themes | Key Question |
|---|---|---|---|---|---|---|
| AI_Compute_Semiconductors | conflicting | 5 | 5→5→4→5→5 | 24 (+8) | Semiconductors_Broad, AI_Infrastructure | 半导体周期位置是否支持维持台/韩/美半导体暴露？ |
| Memory_HBM | weakening | 5 | 5→5→5→5→5 | 6 (+2) | Memory_Cycle_Divergence | HBM 需求与 commodity memory 供给过剩/中国国产化是否在分化韩国半导体暴露？ |
| Japan_Value_Trading_Houses | weakening | 5 | 4→4→4→4→4 | 6 (+3) | Japan_FX | 日元路径是否改变对冲 vs 不对冲日本 ETF 的相对收益？ |
| Gold_Inflation_Real_Assets | strengthening | 4 | 5→5→4→4→5 | 6 (+3) | Crypto_Gold | 黄金/比特币是否在承担组合分散角色？ |
| Data_Center_Grid_Infrastructure | emerging | 1 | 5→1→1→1→3 | 1 | Data_Center_Power | 数据中心电力约束是否正在把 AI capex 溢出到电网/工业/公用事业暴露？ |
（今日无证据的种子主题: China_Internet_Platforms, Defensive_Cash_Duration, Structured_Yield, Private_AI_PreIPO）
- China_Internet_Platforms 数值锚点（2026-10-20）: Southbound 净流出 HK$17.2亿（买 374 / 卖 391 亿），southbound 买入榜首 TENCENT
- AI_Compute_Semiconductors 数值锚点（2026-10-20）: TWSE 外资净卖超 NT$795.4亿
- Japan_Value_Trading_Houses 数值锚点: TSE value-up 已披露公司 2341 家（2026-09-30，月环比 -8）；CFTC 杠杆基金日元净空 33,673 手（2026-10-13，周度）
§2Adjacent Theme Expansion
Cloud_Software_AI_Apps（← AI_Compute_Semiconductors，downstream，distance 1）
- State: weakening（证据 3 条）
- 为什么在动: 今日证据: CoreWeave Stocks Fall 5.8% as HSBC Keeps Its Bearish AI Cloud Stance TradingView；Kiyo launches Key X platform before November 9 results for Kiyo stock ad-hoc-news.de
- 与母主题的结构联系: AI capex 持续性最终取决于软件/应用端收入兑现
- Evidence: CoreWeave Stocks Fall 5.8% as HSBC Keeps Its Bearish AI Clou; Kiyo launches Key X platform before November 9 results for K; Japan plans certifications for data centers, cloud services
- Leading indicators: 软件厂商 AI 收入披露; IGV/QQQ 相对表现
Japan_Banks_Rates（← Japan_Value_Trading_Houses，complementary，distance 1）
- State: strengthening（证据 10 条）
- 为什么在动: 今日证据: Daiwa, Mizuho clear final hurdles to launch China securities units, Bloomberg says Reuters；Daiwa, Mizuho Win China Securities Permits as Some US Firms Wait Bloomberg.com
- 与母主题的结构联系: 利率正常化下银行是另一个价值重估板块
- Evidence: Daiwa, Mizuho clear final hurdles to launch China securities; Daiwa, Mizuho Win China Securities Permits as Some US Firms ; Daiwa and Mizuho win China securities permits as some U.S. f
- Leading indicators: JGB 收益率; 银行息差指引
Shareholder_Return（← China_Internet_Platforms，macro_driver，distance 1）
- State: strengthening（证据 5 条）
- 为什么在动: 今日证据: Xiaomi's Buyback Is in the Books — the Demand Question Isn't ad-hoc-news.de；Xiaomi's Buyback, HyperOS 4 Rollout and SkyNomad Orders Tell Three Different Stories ad-hoc-news.de
- 与母主题的结构联系: 回购/分红是港股平台估值修复的资金面支撑
- Evidence: Xiaomi's Buyback Is in the Books — the Demand Question Isn't; Xiaomi's Buyback, HyperOS 4 Rollout and SkyNomad Orders Tell; Xiaomi's Buyback Is Banked, but the Smartphone Math Still Do
- Leading indicators: 回购公告金额; southbound 净流入
China_Memory_Localization（← Memory_HBM，risk_factor，distance 1）
- State: strengthening（证据 4 条）
- 为什么在动: 今日证据: Intel Vs. Micron: Who Is More Exposed By Chinese Rival CXMT’s Progress? 24/7 Wall St.；Micron, CXMT Unveil New Memory Push Businesskorea
- 与母主题的结构联系: CXMT/YMTC 扩产压制 commodity 内存价格
- Evidence: Intel Vs. Micron: Who Is More Exposed By Chinese Rival CXMT’; Micron, CXMT Unveil New Memory Push; Intel Vs. Micron: Who Is More Exposed By Chinese Rival CXMT’
- Leading indicators: CXMT 产能与良率; 中国设备进口数据
§3Discovery Themes
ETF_Flows_Index_Concentration（discovery，unknown，证据 2 条）
- 在讲什么: 今日证据: 核心观点（原文摘录）：The ETF industry continues to gather record inflows in 2026. This demand has been met wit；核心观点（原文摘录）：The ETF industry continues to gather record inflows in 2026. This demand has been met wit
- Evidence: Inside the Ticker: IVE vs. IWD; Inside the Ticker: IVE vs. IWD
- 处置: 连续多日活跃可提名进 theme_adjacency.yaml 或 seeds
Defense_space（discovery，weakening，证据 3 条）
- 在讲什么: 今日证据: 仅基于公开标题/摘要；需要人工打开原文阅读。；仅基于公开标题/摘要；需要人工打开原文阅读。
- Evidence: Japan offers opportunities, partnerships for defense contrac; Japan-US drills place advanced missile launchers on front li; Academic advocates Taiwan-Philippines-Japan defense cooperat
- 处置: 连续多日活跃可提名进 theme_adjacency.yaml 或 seeds
§4Deep Theme Analysis
Theme: Semiconductors_Broad（AI_Compute_Semiconductors / core_seed）
- current_state: conflicting（动量 5/5，证据 17 条，今日新增 6；近5日动量 5→5→4→5→5）
- what_changed: SpaceX and Tesla's Terafab targets 2028 for volume chip production, Musk says; EXCLUSIVE: ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders; Philadelphia Semiconductor Index Ends Eight-Day Losing Streak with 1.6% Rebound; Goldman S
- market_mechanism: 半导体周期位置是否支持维持台/韩/美半导体暴露？
- revenue_profit_transmission: 关注 SMH, SOXX, SOXQ, XSD 的收入/利润端传导（财报与指引是确认路径）
- valuation_transmission: 关注估值倍数是否随证据密度重估（对照可比与历史区间）
- supporting_evidence: Super Micro Stock Surges on Strong AI Demand. Why Chip ; Starlux expands routes amid AI, chip industry demand
- contradicting_evidence: Samsung narrows SK hynix lead as HBM4 delays curb Korea; SK Hynix Tokenised BStocks Drops By 4% On Semiconductor
- sell_side_consensus: 共识方向 up；看多: J.P. Morgan: Intel and AMD Rise 4% as JPMorgan Upgrades INTC After Steep Pullback; NVIDIA Edges Higher ; Goldman Sachs: Philadelphia Semiconductor Ind；看空: HSBC: Blue-Chip Stock HSBC (LSE:HSBA) Plans Deep UK Wealth Job Cuts: What It Means; UBS: UBS says neocloud sell-off does not derail AI boom, favours h
- sell_side_divergence: 方向 up，无显性反共识观点
- leading_indicators: TSMC 月营收; TWSE 外资买卖超; 半导体设备订单
- risks: 行业 beta 掩盖细分分化（AI vs 消费电子 vs 汽车）。
- what_to_verify_next: TSMC 月营收; TWSE 外资买卖超; 半导体设备订单
- market_analysis: （今日无合格深度分析覆盖此主题——见 §8 缺口）
Theme: AI_Infrastructure（AI_Compute_Semiconductors / core_seed）
- current_state: weakening（动量 5/5，证据 7 条，今日新增 2；近5日动量 5→5→5→1→5）
- what_changed: Super Micro sees quarterly revenue soaring on AI server boom; Another Data Center IPO Fizzles as Investor Appetite Wanes; Is Front-of-the-Meter Power the Next Data Center Play?
- market_mechanism: AI infra capex 主线是否仍在支撑核心半导体/平台暴露？
- revenue_profit_transmission: 关注 NVDA, AVGO, SMH, SOXX, AIQ 的收入/利润端传导（财报与指引是确认路径）
- valuation_transmission: 关注估值倍数是否随证据密度重估（对照可比与历史区间）
- supporting_evidence: （无）
- contradicting_evidence: Japan plans certifications for data centers, cloud serv
- sell_side_consensus: 共识方向 down；看多: （无）；看空: UBS: UBS says neocloud sell-off does not derail AI boom, favours hyperscalers and chipmakers
- sell_side_divergence: 方向 down，无显性反共识观点
- leading_indicators: hyperscaler capex 指引; NVDA/AVGO 财报与订单; SMH / QQQ 资金流
- risks: capex 指引一旦转弱，高集中度指数回撤放大。
- what_to_verify_next: hyperscaler capex 指引; NVDA/AVGO 财报与订单; SMH / QQQ 资金流
- market_analysis: （今日无合格深度分析覆盖此主题——见 §8 缺口）
§5Sell-Side Research Desk
Earnings & Estimate Revisions
- AI Stocks Rebound After $2tn Semiconductor Rout, Goldman Sachs Upgrades CoreWeave to “Buy”
- Goldman Sachs | rating_or_target_change | 质量 1/5 | media_summary
- 简介: 观点：AI Stocks Rebound After $2tn Semiconductor Rout, Goldman Sachs Upgrades CoreWeave to “Buy” （无 LLM 摘要；公开摘要：AI Stocks Rebound After $2tn Semiconductor Rout, Goldman Sachs Upgrades CoreWeave to “Buy” Tekedia）
- 主题: Semiconductors
- https://news.google.com/rss/articles/CBMisAFBVV95cUxORm45d2N1c20yME5zOE1VMG5IdHRpWmZON3o2LXVFc01SeXg3N2xSaHRKUTh0S2hpSGgxdlFHbmRSUTMzVEJBeC1peVZzUGF5VFIxUl9wRTJwZkdYZU1IeTFuVmhOS0VHWWhZaWxucTJ3VnRsWHBSSnpHNlVPRVN3NXhmUU4zVjMwMVN1M2VyVTdNbHo5MXphSWFLLXV1dGdUSlZVZndSczVPN1d1eTFvMA?oc=5
Strategy / Positioning
- UBS says neocloud sell-off does not derail AI boom, favours hyperscalers and chipmakers
- UBS | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：UBS says neocloud sell-off does not derail AI boom, favours hyperscalers and chipmakers （无 LLM 摘要；公开摘要：UBS says neocloud sell-off does not derail AI boom, favours hyperscalers and chipmakers investingLive）
- 主题: Semiconductors, AI_infrastructure
- https://news.google.com/rss/articles/CBMivAFBVV95cUxNTmc1dEJsSldHTUU5VXljSFF5dzlRUDA0RWItb3RJTG8wdDkwM1UtejhMMFRqQ1dfVlV1RzcyZVVVbERoa19nYVg1LW1KdHRaM3hna2RNX1ZkYWZTUllEay1aemk4QXlfZTN0YWNDQ1pVSUp1X3NCbGdIM0VKX1pZQ0hjbXU5dFhfTnRxRHBKbVBNQkJ5YUZNTHNpOGpsRTZiMUVwZXBJUy1GVnJlZlJJYjQtczJJa3ZlZGQ3NA?oc=5
- Blue-Chip Stock HSBC (LSE:HSBA) Plans Deep UK Wealth Job Cuts: What It Means
- HSBC | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：Blue-Chip Stock HSBC (LSE:HSBA) Plans Deep UK Wealth Job Cuts: What It Means （无 LLM 摘要；公开摘要：Blue-Chip Stock HSBC (LSE:HSBA) Plans Deep UK Wealth Job Cuts: What It Means Kalkine Media）
- 主题: Semiconductors
- https://news.google.com/rss/articles/CBMitwFBVV95cUxQRjdLZHdTa2FhYmlHZ2tHeGZlOFFaZUJnakg5WGxlWVdSV2NBQVNTV2lLcEdMWEVxcVJiSGpVa0NyNTVkODdSTXYxdUJJZVFPY21fQ1M4aFZtM0otdkpPNV9jN3AyX3Z4YllQXzRvT1dMXzJIY19tODc4TU5pcDA3cWFhR0pTaklId185eElkeS1LVm81elV3dENzWWViOWJaOVBCQkhod1RDdi1rVmpsU0ZPbXgtTXM?oc=5
- Philadelphia Semiconductor Index Ends Eight-Day Losing Streak with 1.6% Rebound; Goldman S
- Goldman Sachs | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：Philadelphia Semiconductor Index Ends Eight-Day Losing Streak with 1.6% Rebound; Goldman Sachs Turns Bullish on CoreWeav （无 LLM 摘要；公开摘要：Philadelphia Semiconductor Index Ends Eight-Day Losing Streak with 1.6% Rebound; Goldman Sachs Turns Bullish on CoreWeav）
- 主题: Semiconductors
- https://news.google.com/rss/articles/CBMidkFVX3lxTE1DN3lHMTh3RUUyT3hEVWhqRks5MF9XQUFpTFRvS05XaXF4UWc0VmQ3SFc5bTN0VGdjY0pGTkdHTnpHRG5BYmRJcnoxdXIwRVhpWnpVZFZHMzB1U0sxczN0c2toYkRFd2V2TVdVNnRieEU4UXdmdHc?oc=5
- Is SK Hynix Stock a 270% Opportunity? Nomura Says Yes
- Nomura | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：Is SK Hynix Stock a 270% Opportunity? Nomura Says Yes （无 LLM 摘要；公开摘要：Is SK Hynix Stock a 270% Opportunity? Nomura Says Yes Benzinga）
- 主题: Memory_cycle
- https://news.google.com/rss/articles/CBMiwAFBVV95cUxPWkctMlRvUG8yZ2JyQTdLV3VCeW1OZVgtTGkzYVpWNVZaLTluanhEVnhjdF94UW01NGRLdW4xYmhtS1pkdzN5cFRJZDMzZHlULTNONkVqQS01c2JwS1JVT1lOQWE0dHpQY3Z2aUpUWEpDMTNuWXZHUm1IbmR6cEpVeXlmUDM1V0QtRmY2d1VBZG1GTWZHanNLSGhTV1pVUlZnZkd5SERBUGRvX1haSjB6VjY4WmhNWGxVR2l2RWROdVI?oc=5
§6Sell-Side Consensus & Dispersion
Semiconductors（up，7 份，confidence medium）
- consensus: 7 份观点（Citi, Goldman Sachs, HSBC, J.P. Morgan, UBS）：看多 3 / 看空 2
- 简介: 共识方向 up；看多: J.P. Morgan: Intel and AMD Rise 4% as JPMorgan Upgrades INTC After Steep Pullback; NVIDIA Edges Higher ; Goldman Sachs: Philadelphia Semiconductor Ind；看空: HSBC: Blue-Chip Stock HSBC (LSE:HSBA) Plans Deep UK W
HK_china_flow_policy（down，6 份，confidence medium）
- consensus: 6 份观点（CLSA, Citi, J.P. Morgan）：看多 2 / 看空 3
- 简介: 共识方向 down；看多: J.P. Morgan: JPMorgan: Alibaba Cloud profits to exceed AI spending for the first time; maintains "Overw; Citi: Alibaba Group stock: Citi raises target；看空: CLSA: CLSA cuts target for Alibaba Health stock to
AI_infrastructure（down，3 份，confidence medium）
- consensus: 3 份观点（Citi, UBS）：看多 0 / 看空 1
- 简介: 共识方向 down；看多: （无）；看空: UBS: UBS says neocloud sell-off does not derail AI boom, favours hyperscalers and chipmakers
Rates_duration（up，3 份，confidence medium）
- consensus: 3 份观点（Goldman Sachs, J.P. Morgan, Morgan Stanley）：看多 1 / 看空 0
- 简介: 共识方向 up；看多: Goldman Sachs: Goldman Sachs Upgrades CoreWeave Despite 15% Bond Yields as Stock Jumps 6%；看空: （无）
§7Deep Reading Queue
- Inflation Calls for Real Assets & Global Infrastructure
- source: vettafi_etftrends | analysis_type: ETF_flow_positioning
- 细读价值: ★★★ 建议细读（质量 5/5，含具体数据）
- 摘要: 核心观点（原文摘录）：Investors and central banks alike have been tangling with the threat of inflation for the better half of 2026. Key Takeaways: Given the persistent nature of in 受影响资产：待确认（driver: AI_fundamental）
- theme: -
- https://www.etftrends.com/portfolio-strategies-content-hub/inflation-real-assets-global-infrastructure/
- Covered Call ETFs: Why Demand for Strategies Like FYEE Is Surging
- source: vettafi_etftrends | analysis_type: supply_chain_cycle
- 细读价值: ★★★ 建议细读（质量 5/5，含具体数据，主题相关 5/5）
- 摘要: 核心观点（原文摘录）：More than half — 52.9% — of financial advisors report using covered call derivative income strategies to generate durable yield in client portfolios. During a w 受影响资产：待确认（driver: supply_chain）
- theme: Structured_yield
- https://www.etftrends.com/etf-investing-content-hub/covered-call-etfs-strategies-fyee/
- Q3 2026: Borrowing From the Future
- source: etfdb_news | analysis_type: geopolitics_policy
- 细读价值: ★★★ 建议细读（质量 5/5，含具体数据）
- 摘要: 核心观点（原文摘录）：The future economy now sets the price of money. AI capital spending, government borrowing, and today’s economy draw on one pool of savings. This quarter the lar 受影响资产：待确认（driver: policy）
- theme: -
- https://etfdb.com/etf-strategist-channel/q3-2026-borrowing-from-the-future/
- French bonds: a lesson in selectivity
- source: blackrock_bii_weekly | analysis_type: strategy_asset_allocation
- 细读价值: ★★★ 建议细读（质量 5/5，含具体数据，主题相关 5/5）
- 摘要: 核心观点（原文摘录）：Higher bond yields are creating new investment opportunities. But it’s important to understand what’s actually driving yields higher in this environment. That m 受影响资产：美股 ETF（driver: macro_rates）
- theme: Rates_duration
- https://www.blackrock.com/us/individual/insights/blackrock-investment-institute/weekly-commentary#a-french-bonds-a-lesson-in-selectivity
- Gold Price Forecast: XAU/USD sellers remain in control while below 21-day SMA
- source: fxstreet_analysis | analysis_type: strategy_asset_allocation
- 细读价值: ★★★ 建议细读（质量 5/5，含具体数据，主题相关 5/5）
- 摘要:
核心观点（原文摘录）：Gold Price Forecast: XAU/USD sellers remain in control while below 21-day SMA
- Gold extends losses into the third consecutive day on Tuesday after facing rejec 受影响资产：待确认（driver: geopolitics）
- theme: Crypto_gold
- https://www.fxstreet.com/analysis/gold-price-forecast-xau-usd-sellers-remain-in-control-while-below-21-day-sma-202610200325
高信誉待人工阅读（只有公开标题/摘要）
- French unrest, AI debt risks push investors toward ultralong JGBs（nikkei_asia，reputation 4/5）
- 摘要: 仅基于公开标题/摘要；需要人工打开原文阅读。 标题信息：French unrest, AI debt risks push investors toward ultralong JGBs（feed 未提供公开摘要，资产范围: 日本 ETF）
- related_theme: Rates_duration | https://asia.nikkei.com/business/markets/bonds/french-unrest-ai-debt-risks-push-investors-toward-ultralong-jgbs
- Japan offers opportunities, partnerships for defense contractor Thales: CEO（nikkei_asia，reputation 4/5）
- 摘要: 仅基于公开标题/摘要；需要人工打开原文阅读。 标题信息：Japan offers opportunities, partnerships for defense contractor Thales: CEO（feed 未提供公开摘要，资产范围: 待确认）
- related_theme: Defense_space | https://asia.nikkei.com/business/aerospace-defense-industries/japan-offers-opportunities-partnerships-for-defense-contractor-thales-ceo
- SpaceX and Tesla's Terafab targets 2028 for volume chip production, Musk says（reuters_gnews，reputation 4/5）
- 摘要: 仅基于公开标题/摘要；需要人工打开原文阅读。 发生了什么（原文摘录）：SpaceX and Tesla's Terafab targets 2028 for volume chip production, Musk says Reuters 与资产的关系：美股 ETF（driver: AI_fundamental）
- related_theme: Semiconductors | https://news.google.com/rss/articles/CBMixAFBVV95cUxPSFI5aHJPRHY4ZTFFZmNHT0d5bEQtSy1EUjBYaVNQOUxTbXdtOExjSEhoampjekEwQ3F5blUzN1F0QzdVc2xkNDZTZHlqYllaUlA2UDlyT1NGX2t1UDl1bDlUX2pVcVBhOWMyeGx3VE8tTlhsbHROTjhPNXpKbWcwdDREdnBfMHpEUk5tSnNzSW9OblZ0Z3NLcDJpSlhFSUxCQXRuNk9KQmRjLWhBR2NXOWl0a3AxR254Vm1TY1ltM09jWDZu?oc=5
- Super Micro sees quarterly revenue soaring on AI server boom（reuters_gnews，reputation 4/5）
- 摘要: 仅基于公开标题/摘要；需要人工打开原文阅读。 发生了什么（原文摘录）：Super Micro sees quarterly revenue soaring on AI server boom Reuters 与资产的关系：美股 ETF（driver: earnings）
- related_theme: AI_infrastructure | https://news.google.com/rss/articles/CBMipwFBVV95cUxNbi1LQllxYlpia2VlTmhXMzFCUVRoZ0NESFFaSFVkTkJJR1kxRkVYa1BYWkVWLXJvS1UwdHk2UnJHVnQxS2NQNnU2bVdSWW4tY1JfSGdFNlNpcjZjRjZDX3ZuSklSaHdPazdsVzlWVzMxcWY4d1pic2dwLXhOdEdiRHdpZlJsOWIxeUpVTDFfOG4tbVp0UEFXeXczaDJseW9BZks4aU13WQ?oc=5
- Super Micro Stock Surges on Strong AI Demand. Why Chip Investors Remain Cautious. - Barron（barrons_gnews，reputation 4/5）
- 摘要: 仅基于公开标题/摘要；需要人工打开原文阅读。 发生了什么（原文摘录）：Super Micro Stock Surges on Strong AI Demand. Why Chip Investors Remain Cautious. Barron's 与资产的关系：美股 ETF（driver: AI_fundamental）
- related_theme: Semiconductors | https://news.google.com/rss/articles/CBMif0FVX3lxTE1sY3ZHdjljbVVTaDRBWnN0T01wU3pwczNyVTRkcjdHVGxkRXhhVFEwVjc0UTRfT0p1TGI4WkkyRzIxb1lDYWY0eER5ZkZWOE96emlxMUtJQk1wWDhORVlHTGpLQ2lxd1VlamxEU3k1ZUttbzN2ZE05eC1YTDZEWVk?oc=5
§8Coverage Gaps
主题只有单一来源支撑
- Memory_HBM: 全部证据来自 korea_semi_gnews
- Private_AI_PreIPO: 全部证据来自 reuters_gnews
核心主题缺高质量新闻
- China_Internet_Platforms: 今日无合格新闻
主题无卖方覆盖
- Data_Center_Grid_Infrastructure: 近 7 天无研报/券商观点
- Gold_Inflation_Real_Assets: 近 7 天无研报/券商观点
- Structured_Yield: 近 7 天无研报/券商观点
- Private_AI_PreIPO: 近 7 天无研报/券商观点
相邻主题缺深度分析
- AI_Software_Monetization: 3 条新闻但无深度分析
- Japan_FX: 6 条新闻但无深度分析
§9Documents to Parse
（今日无待解析文档）
§10Source Health
- 今日抓取 288 条；core 6 / adjacent 4 / discovery 2 主题；深度阅读 5 条、研报 5 份、待解析 0 份；跨日重复抑制 9 条（同一事件只出现两天）；低信息量 12 条（page_snapshot×10, insufficient_data×2）
- [待修] investing_fx_fundamental: 已禁用（bot 防护/无 feed/待配 selector）｜验证 feed_url 或配 item_selector 后启用
- [待修] dcd_cross: 7 天无任何条目（抓取失败或 selector 失效）｜跑 run-theme cross-asset 看 error 列；static 源检查 item_selector
- [待修] reuters: 已禁用（bot 防护/无 feed/待配 selector）｜验证 feed_url 或配 item_selector 后启用
- [待修] boj_mpm: 抓到条目但基本无摘要（extraction 低）｜配 excerpt_selector 或改用带摘要的 feed
- [待修] dart_korea: 已禁用（bot 防护/无 feed/待配 selector）｜验证 feed_url 或配 item_selector 后启用
- [待修] etfcom_fund_flows: 7 天无任何条目（抓取失败或 selector 失效）｜跑 run-theme cross-asset 看 error 列；static 源检查 item_selector
- [源头候选] 조선일보（chosun.com）: 近 14 天 20 条高质量内容（主题: Memory_cycle, Semiconductors）——
alpha-radar source-scout查看/收编 - [源头候选] 24/7 Wall St.（247wallst.com）: 近 14 天 18 条高质量内容（主题: Semiconductors, Memory_cycle, FX_japan）——
alpha-radar source-scout查看/收编 - [源头候选] MarketBeat（marketbeat.com）: 近 14 天 16 条高质量内容（主题: -）——
alpha-radar source-scout查看/收编 - [page_snapshot] hkex_stock_connect_stats: Historical Daily（页面快照 2026-10-20）
- [page_snapshot] jpx_etf_list: Listed Issues - ETFs | Japan Exchange Group（页面快照 2026-10-20）
- [page_snapshot] tsmc_ir_revenue: TSMC 2026 monthly revenue - Taiwan Semiconductor Manufacturi
- [page_snapshot] twse_foreign_trading: Daily Trading Details of Foreign and Other Investors - Taiwa