§0Market Theme Overview
- 今日主线: AI_Compute_Semiconductors（conflicting，43 条）、Memory_HBM（conflicting，13 条）、Japan_Value_Trading_Houses（weakening，8 条）
- strengthening / broadening: Cloud_Software_AI_Apps(5/5)
- weakening: AI_Infrastructure(5/5)、Japan_FX(4/5)、Private_AI_preIPO(3/5)
- conflicting: Semiconductors_Broad(5/5)、Memory_Cycle_Divergence(5/5)、ETF_Flows_Index_Concentration(4/5)
- 新出现的相邻主题: Cloud_Software_AI_Apps（← AI_Compute_Semiconductors）、Cybersecurity（← AI_Compute_Semiconductors）、AI_Agents_Coding（← AI_Compute_Semiconductors）、Shareholder_Return（← China_Internet_Platforms）
§1Core Theme Tracker
| Seed Theme | State | Momentum | 近5日 | Evidence (今日新增) | Sub-themes | Key Question |
|---|---|---|---|---|---|---|
| AI_Compute_Semiconductors | conflicting | 5 | 4→5→5→5→5 | 43 (+16) | 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 | conflicting | 5 | 5→5→5→5→5 | 13 (+4) | 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 | 4 | 1→4→4→5→5 | 8 (+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？ |
| Data_Center_Grid_Infrastructure | unknown | 4 | 1→1→2→4→5 | 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？ |
| Gold_Inflation_Real_Assets | unknown | 3 | 1→1→5→1→4 | 2 (+1) | Crypto_Gold | 黄金/比特币是否在承担组合分散角色？ |
（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（2026-10-08）: Southbound 净流入 HK$64.8亿（买 432 / 卖 367 亿），southbound 买入榜首 TENCENT
- AI_Compute_Semiconductors 数值锚点（2026-10-08）: TWSE 外资净卖超 NT$758.5亿
- Japan_Value_Trading_Houses 数值锚点: TSE value-up 已披露公司 2349 家（2026-08-31，月环比 -2）；CFTC 杠杆基金日元净空 14,161 手（2026-09-29，周度）
§2Adjacent Theme Expansion
Cloud_Software_AI_Apps（← AI_Compute_Semiconductors，downstream，distance 1）
- State: strengthening（证据 8 条）
- 为什么在动: 今日证据: Alibaba cloud revenue growth seen above 50% in financial year 2028, Jefferies maintains 'buy' rating；仅基于公开标题/摘要；需要人工打开原文阅读。
- 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: Alibaba cloud revenue growth seen above 50% in financial yea; Google Workspace Gets AI Agents. What It Means for Alphabet ; Amazon’s Ban on AI Agents Is the Opening Its Rivals Need - B
- Leading indicators: 软件厂商 AI 收入披露; IGV/QQQ 相对表现
Cybersecurity（← AI_Compute_Semiconductors，complementary，distance 1）
- State: emerging（证据 1 条）
- 为什么在动: 今日证据: JPMorgan’s Dimon Says Anthropic’s Mythos AI Model Has Increased Cybersecurity Risk Tenfold Tekedia
- 与母主题的结构联系: AI 部署扩大攻击面并催生治理合规支出
- Evidence: JPMorgan’s Dimon Says Anthropic’s Mythos AI Model Has Increa
- Leading indicators: 安全厂商 AI 产品收入; AI 监管进展
AI_Agents_Coding（← AI_Compute_Semiconductors，downstream，distance 1）
- State: strengthening（证据 3 条）
- 为什么在动: 今日证据: South Korean banks were likely hacked by a China-based actor with an AI agent, CrowdStrike says Reut；Meta's Muse AI agent blocked by one-third of websites tested, Jefferies says Proactive financial new
- 与母主题的结构联系: agent/coding 是当前 AI 用量增长最快的负载
- Evidence: South Korean banks were likely hacked by a China-based actor; Meta's Muse AI agent blocked by one-third of websites tested; AMD Stock Forecast: Muse Drives AI Agent CPU Demand Growth,
- Leading indicators: coding assistant 收入与用量; token 消耗数据
Shareholder_Return（← China_Internet_Platforms，macro_driver，distance 1）
- State: strengthening（证据 3 条）
- 为什么在动: 今日证据: Imperial Brands Commits to £1.5 Billion Share Buyback Programme Through October 2027 Kalkine Media；REG - Imperial Brands PLC - Share Buyback Tranche of up to £750 million TradingView
- 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: Imperial Brands Commits to £1.5 Billion Share Buyback Progra; REG - Imperial Brands PLC - Share Buyback Tranche of up to £; Tokio Marine stock gets 63.8 billion yen buyback update
- Leading indicators: 回购公告金额; southbound 净流入
§3Discovery Themes
ETF_Flows_Index_Concentration（discovery，conflicting，证据 6 条）
- 在讲什么: 今日证据: 核心观点（原文摘录）：Energy has been the strongest corner of State Street Investment Management’s premium inco；核心观点（原文摘录）：Energy has been the strongest corner of State Street Investment Management’s premium inco
- Evidence: Energy Leads State Street Premium Income ETF Returns, Flows; Energy Leads State Street Premium Income ETF Returns, Flows; Investor Interest in U.S. Equity ETFs Slowed in September
- 处置: 连续多日活跃可提名进 theme_adjacency.yaml 或 seeds
Healthcare_biotech（discovery，unknown，证据 2 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。；核心观点（原文摘录）：Healthcare markets have been shaped by a range of structural forces in recent years, incl
- Evidence: Nvidia-backed Iambic Therapeutics launches IPO as biotechs b; Three Healthcare Investment Themes For ETFs
- 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 33 条，今日新增 12；近5日动量 4→5→5→5→5）
- what_changed: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh; Nvidia-backed Firmus scraps $5 billion Australian IPO on poor demand; Nvidia-backed Firmus scraps $5bn Australian IPO on weak demand
- 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: Samsung profit surges ninefold to $80bn on AI chip dema; TSMC's third-quarter revenue surges to record, beating ; Nvidia Rally May Not Be Over; That’s Good for This ETF
- contradicting_evidence: Nikkei Stock Average Falls 993 Yen, Breaks Below 69,000; Nvidia Stock Drops, but a Big Options Trade Bet Suggest; TSMC Gives AI Trade Upbeat Signal—AMD and Other Chip St
- sell_side_consensus: 共识方向 up；看多: Morgan Stanley: Nvidia Stock Regains ‘Top Pick’ Status At Morgan Stanley - Investor's Business Daily; Morgan Stanley: NVDA Stock Hits Record High Afte；看空: BofA: BofA downgrades BE Semiconductor on HBM delays, ASML threat
- 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: AI ETFs: Beyond Chips & Hyperscalers
Theme: Memory_Cycle_Divergence（Memory_HBM / core_seed）
- current_state: conflicting（动量 5/5，证据 13 条，今日新增 4；近5日动量 5→5→5→5→5）
- what_changed: No DRAM but plenty of good drama in Asia; AMD CEO Visits Samsung for HBM, Samsung Wants Foundry Orders in Return; AMD CEO Visits Samsung for HBM, Samsung Wants Foundry Orders in Return
- market_mechanism: 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？
- revenue_profit_transmission: 关注 MU, Samsung, SK Hynix, SMH, SOXX, SOXQ 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: Samsung reaches new profit record with memory chip wind
- contradicting_evidence: Samsung Electronics: Preliminary Numbers in Line; HBM i
- sell_side_consensus: 4 份观点（BofA, Goldman Sachs, J.P. Morgan, Morgan Stanley）：看多 0 / 看空 1
- sell_side_divergence: 方向 down，无显性反共识观点
- leading_indicators: HBM 合约价 vs DRAM/NAND 现货价; Samsung / SK Hynix DART 披露与产能计划; CXMT / 中国产能扩张进度
- risks: HBM 溢价与 commodity 价格战同时存在，整体 beta 不等于结构机会。
- what_to_verify_next: HBM 合约价 vs DRAM/NAND 现货价; Samsung / SK Hynix DART 披露与产能计划; CXMT / 中国产能扩张进度; 韩国半导体出口数据
- 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
- Jefferies raises Alibaba stock price target to $192 on cloud growth
- Jefferies | rating_or_target_change | 质量 1/5 | media_summary
- 简介: 观点：Jefferies raises Alibaba stock price target to $192 on cloud growth （无 LLM 摘要；公开摘要：Jefferies raises Alibaba stock price target to $192 on cloud growth Investing.com Canada）
- 主题: Cloud_software, HK_china_flow_policy
- https://news.google.com/rss/articles/CBMixgFBVV95cUxOMUNKb3QyRVRyVjRHcGd3VVQ5Y0p1VnRUeGpGY0RCUG9YMFZuc29uSW5ZVi15QTNNT0Z0YXBIMFZzLUxnQkRBNHE1bjhlYjVsakViZUgtY2lOMXpkZEhRU1VGU0cycHBqWTkxM3hBWkFNZTR2OVYzeWoweUxIMUthSHpYN3U1RThMdjNINkEyVk5lTEpkaVZxZ3g4WTJrLXFEX0RlS2pISXhEUHFQSURyMHYtMzVGd1p2ZzFDb3JmdWlPQjlmaEE?oc=5
- TSMC Stock Hits Record High, Morgan Stanley Raises Lam Research Price Target - NAI500
- Morgan Stanley | rating_or_target_change | 质量 1/5 | media_summary
- 简介: 观点：TSMC Stock Hits Record High, Morgan Stanley Raises Lam Research Price Target - NAI500 （无 LLM 摘要；公开摘要：TSMC Stock Hits Record High, Morgan Stanley Raises Lam Research Price Target NAI500）
- 主题: Semiconductors, AI_infrastructure
- https://news.google.com/rss/articles/CBMirAFBVV95cUxQOHEzV05DOG5jYzRFVmxkZkpYV2pyc0N5WEQ2MkZmdWY2QkF1V0lSQ3BwVDVUVXZpWlRfMkpQZHRIaXotMEVjWEhQRUxuSVN5X2tHTW0zZkVmSzNPcHdfTlZScjVKWEY3ei12MEFKR0ozUFpGV3dmS3ZmUU92Y3EyT0JwTlhTXzZDVzYxZ2FzOUtwamlxWU5ycVdZTm1uVWJCaXhaRUE0SnozeWk4?oc=5
Strategy / Positioning
- Philadelphia Semiconductor Index Drops Over 3% as SanDisk Tumbles 5%; Citi Says AI Capex S
- Citi | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：Philadelphia Semiconductor Index Drops Over 3% as SanDisk Tumbles 5%; Citi Says AI Capex Still Expanding but Profit Outl （无 LLM 摘要；公开摘要：Philadelphia Semiconductor Index Drops Over 3% as SanDisk Tumbles 5%; Citi Says AI Capex Still Expanding but Profit Outl）
- 主题: Semiconductors, AI_infrastructure
- https://news.google.com/rss/articles/CBMi-wFBVV95cUxQTklwQl9hSEtmSEVPTDNPanZJd3RyaUpURFpDZlJTMzgtcEFFdUhNVldjcWk2Rk14c0xxM19DcGxBNjZsYXhER3RPWDFXOHo0YXBiYmc4R05kQkZNd2llMDBYNmRTTzJ6MXp6OGs1OG5LMV9qMjd4blJFNl84ZE4xQWpKSlFWNl9KQ0N1VVk5SUpKVEFSQ2RXRVpVNXFGZklsUC1FY282YlhoUlZzOHBKNVlWX216c2h0d0hvaERZVHJzeXdoSzQ3RkVVOWJlQVBtbHVGZ2gwaEwtTTJvdWhzbUFTcFNaZzJzSHpXdXRUemYteEc3THVDSy1wSQ?oc=5
- JPMorgan’s Dimon Says Anthropic’s Mythos AI Model Has Increased Cybersecurity Risk Tenfold
- J.P. Morgan | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：JPMorgan’s Dimon Says Anthropic’s Mythos AI Model Has Increased Cybersecurity Risk Tenfold （无 LLM 摘要；公开摘要：JPMorgan’s Dimon Says Anthropic’s Mythos AI Model Has Increased Cybersecurity Risk Tenfold Tekedia）
- 主题: Private_AI_preIPO, Cybersecurity
- https://news.google.com/rss/articles/CBMiswFBVV95cUxNUXpDM3lvVlRXYnNTd29GUWJfRE5wWm5ZRVM1c2xJWGJsVmcyaGZLQjJRX1NERlZvZDJQaUtkaWNNSnFFMGFiMjYyOWtxd1dqbDlUcUVkVklSOHg0T3Z2SVJVNUZLekdUYjNNREJoYkQ4bnpKVTVId00yNGNsWGZmaHpaM0NVSTFBRF8zNUJ1blVzbGl3S29COW52SGdUajVFN0xUbFhEMEdtSFBibjZIZ2w0WQ?oc=5
- Alibaba cloud revenue growth seen above 50% in financial year 2028, Jefferies maintains 'b
- Jefferies | strategy_positioning | 质量 1/5 | media_summary
- 简介: 观点：Alibaba cloud revenue growth seen above 50% in financial year 2028, Jefferies maintains 'buy' rating （无 LLM 摘要；公开摘要：Alibaba cloud revenue growth seen above 50% in financial year 2028, Jefferies maintains 'buy' rating Yahoo Finance）
- 主题: Cloud_software, HK_china_flow_policy
- https://news.google.com/rss/articles/CBMimgFBVV95cUxNZWxnTmdVSkZhdjRHcFNLUU1WX1M0ZHRjaE1ITHphRWNjbFNfU3NSVHhXY05NbXI2UHBmOGc5Y2dlY2tRY0tjUmR3ckpaSjZvTWpETUV0RzhWUDdzOVdvX3hPUUlHdDNWNEloRzREOGxQLUQ4ZnV5Nlluc2hncmdJZ0hfRGlVc0hpSE0wUExoOVJCZUhEaEJUZlR3?oc=5
§6Sell-Side Consensus & Dispersion
Semiconductors（up，13 份，confidence medium）
- consensus: 13 份观点（BofA, Citi, Goldman Sachs, Morgan Stanley）：看多 7 / 看空 1
- 简介: 共识方向 up；看多: Morgan Stanley: Nvidia Stock Regains ‘Top Pick’ Status At Morgan Stanley - Investor's Business Daily; Morgan Stanley: NVDA Stock Hits Record High Afte；看空: BofA: BofA downgrades BE Semiconductor on HBM delays,
AI_infrastructure（up，8 份，confidence medium）
- consensus: 8 份观点（Citi, Goldman Sachs, J.P. Morgan, Morgan Stanley）：看多 5 / 看空 0
- 简介: 共识方向 up；看多: Morgan Stanley: NVDA Stock Hits Record High After Morgan Stanley Names Nvidia Top Pick, Says AI Trends Pla; Morgan Stanley: Nvidia in focus as Morgan ；看空: （无）
HK_china_flow_policy（mixed，4 份，confidence medium）
- consensus: 4 份观点（CLSA, Jefferies, Morgan Stanley）：看多 2 / 看空 2
- 简介: 共识方向 mixed；看多: Jefferies: Alibaba cloud revenue growth seen above 50% in financial year 2028, Jefferies maintains 'b; Jefferies: Jefferies raises Alibaba stock price；看空: Morgan Stanley: Morgan Stanley cuts target for Ten
Private_AI_preIPO（down，4 份，confidence medium）
- consensus: 4 份观点（HSBC, J.P. Morgan）：看多 0 / 看空 1
- 简介: 共识方向 down；看多: （无）；看空: HSBC: Copart extends ACV tender offer and HSBC cuts target for Copart stock
§7Deep Reading Queue
- Midstream Free Cash Flow Drives Growth & Capital Returns
- 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）：Over the past decade, the North American midstream universe has undergone a significant transformation. This has been driven in large part by companies’ increas 受影响资产：待确认（driver: AI_fundamental）
- theme: -
- https://www.etftrends.com/energy-infrastructure-content-hub/midstream-free-cash-flow-drives-growth-capital-returns/
- Energy Leads State Street Premium Income ETF Returns, Flows
- 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，主题相关 5/5）
- 摘要: 核心观点（原文摘录）：Energy has been the strongest corner of State Street Investment Management’s premium income ETF lineup this year. Shares of the State Street Energy Select Secto 受影响资产：美股 ETF（driver: flow）
- theme: Structured_yield, ETF_flows_index_concentration
- https://www.etftrends.com/sector-investing-content-hub/energy-leads-state-street-premium-income-etf-returns-flows/
- RRIF Withdrawals Explained: Tax Strategies for Retirement Income Planning
- source: etfdb_news | analysis_type: macro_rates_fx
- 细读价值: ★★★ 建议细读（质量 5/5，关联 active thesis）
- 摘要: 核心观点（原文摘录）：Retirees today are navigating a more complex income landscape than in previous years. Higher interest rates have improved yields on fixed income, while inflatio 受影响资产：待确认（driver: macro_rates）
- theme: -
- https://etfdb.com/tmx-navigating-volatility-content-hub/rrif-withdrawals-explained-tax-strat-retirement-income-planning/
- Three Healthcare Investment Themes For ETFs
- source: etfdb_news | analysis_type: thematic_investing
- 细读价值: ★★ 选读——先看摘要，涉及你跟踪的主题再开原文（质量 3/5，主题相关 5/5）
- 摘要: 核心观点（原文摘录）：Healthcare markets have been shaped by a range of structural forces in recent years, including evolving deal activity, technological adoption and regulatory dyn 受影响资产：待确认（driver: AI_fundamental）
- theme: Healthcare_biotech
- https://etfdb.com/tmx-investing-in-health-content-hub/three-healthcare-investment-themes-for-etfs/
高信誉待人工阅读（只有公开标题/摘要）
- US to publicly execute former soldier by firing squad（ft，reputation 5/5）
- 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）：American military will live-stream the execution of an extremist who killed 13 people at Fort Hood in Texas in 2009 与资产的关系：待确认（driver: AI_fundamental）
- related_theme: Defense_space | https://www.ft.com/content/0c390d03-427f-40a8-b5cb-d12c8d925d9d?syn-25a6b1a6=1
- Nvidia-backed Firmus scraps $5bn Australian IPO on weak demand（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：Nvidia-backed Firmus scraps $5bn Australian IPO on weak demand（feed 未提供公开摘要，资产范围: 美股 ETF）
- related_theme: Semiconductors | https://asia.nikkei.com/business/markets/ipo/nvidia-backed-firmus-scraps-5bn-australian-ipo-on-weak-demand
- Sumitomo Bakelite to boost chip encapsulant output in China, Singapore（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：Sumitomo Bakelite to boost chip encapsulant output in China, Singapore（feed 未提供公开摘要，资产范围: 待确认）
- related_theme: Semiconductors | https://asia.nikkei.com/business/tech/semiconductors/sumitomo-bakelite-to-boost-chip-encapsulant-output-in-china-singapore
- S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh（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）：S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh Reuters 与资产的关系：美股 ETF（driver: AI_fundamental）
- related_theme: Semiconductors | https://news.google.com/rss/articles/CBMinAFBVV95cUxPLTluWFV5cWFfM2xBV243NUduZW80Q3dmYnFLa1Y4Nmhha2RNNHVGTS1sM2NYZ0ZCeWJlazZpSndKOWM0OVUxTmx2M3luSDdpbVgzNnYtanQtb2VkWV9tU2NQaU03ejAxZy1NU1JhWkMwLXRNbmJUY2pWaTBrVE9XbGRXa2VFekh1LTVZbVNGUVRKTVhIU0NnSUZqdXI?oc=5
- Nvidia-backed Iambic Therapeutics launches IPO as biotechs buck market gloom（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）：Nvidia-backed Iambic Therapeutics launches IPO as biotechs buck market gloom Reuters 与资产的关系：美股 ETF（driver: AI_fundamental）
- related_theme: Semiconductors, Healthcare_biotech | https://news.google.com/rss/articles/CBMixAFBVV95cUxOT2duSWZGV1gtNHhZUVRCMHQ4QTN4ZzAzOFR1QjVlbmNfdEYwRG9HRWc1ai1WUXV0TFlESmpzSnhQSW1jT2xDYmdhSXZrXzZTUFVyX1N5VFltX2VyVDZPeEUzZ0hxYnB1MmpYYVhvU3h0VlB3MjZrMThFZFhwMkk2cEw0eGdKSHdySTJEWTNsZklka25TamNFbG91UXRPSjJPYjl4d2JvREdwa2QyeTh5bHpRN3dmUXJzbXRUOFJacHpuM3M0?oc=5
§8Coverage Gaps
主题长期无更新（stale）
- China_Internet_Platforms: 近 7 天无证据
主题无卖方覆盖
- Data_Center_Grid_Infrastructure: 近 7 天无研报/券商观点
- Japan_Value_Trading_Houses: 近 7 天无研报/券商观点
- Structured_Yield: 近 7 天无研报/券商观点
主题只有单一来源支撑
- Gold_Inflation_Real_Assets: 全部证据来自 fxstreet_analysis
相邻主题缺深度分析
- AI_Software_Monetization: 8 条新闻但无深度分析
- Japan_FX: 8 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 280 条；core 6 / adjacent 4 / discovery 2 主题；深度阅读 4 条、研报 5 份、待解析 0 份；跨日重复抑制 6 条（同一事件只出现两天）；低信息量 10 条（page_snapshot×10）
- [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] 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
- [待修] hkex_stock_connect_stats: 抓到条目但基本无摘要（extraction 低）｜配 excerpt_selector 或改用带摘要的 feed
- [源头候选] Seeking Alpha（seekingalpha.com）: 近 14 天 17 条高质量内容（主题: Memory_cycle, Semiconductors, FX_japan）——
alpha-radar source-scout查看/收编 - [源头候选] Yahoo! Finance Canada（ca.finance.yahoo.com）: 近 14 天 16 条高质量内容（主题: Semiconductors）——
alpha-radar source-scout查看/收编 - [源头候选] 조선일보（chosun.com）: 近 14 天 14 条高质量内容（主题: Semiconductors, Memory_cycle, Rates_duration）——
alpha-radar source-scout查看/收编 - [page_snapshot] hkex_stock_connect_stats: Historical Daily（页面快照 2026-10-08）
- [page_snapshot] jpx_etf_list: Listed Issues - ETFs | Japan Exchange Group（页面快照 2026-10-08）
- [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