麦当劳回应招募退休人员；上海两大机场取消进航站楼时人身和行李安检丨消费早参

Group 1: Airport Security Changes - Shanghai's two major airports, Hongqiao and Pudong, have optimized security measures by eliminating personal and luggage checks at terminal entrances, retaining only explosive detection for luggage, effective from August 12 [1] - This simplification is expected to enhance passenger flow efficiency, benefiting airport commercial operations and customer conversion rates, although the short-term impact on airport operators is limited [1] Group 2: Smart Glasses Market Growth - Global smart glasses shipments surged by 110% year-on-year in the first half of 2025, driven by strong demand for Ray-Ban Meta smart glasses and the entry of new players like Xiaomi and RayNeo [2] - Meta's market share in the global smart glasses segment reached 73% in the same period, attributed to robust market demand and capacity expansion by its main production partners [2] - The influx of new competitors and Meta's capacity growth signal a booming smart glasses market, benefiting domestic OEMs and optical supply chains, though potential price wars and inventory pressures loom in the latter half of the year [2] Group 3: McDonald's Employment Strategy - McDonald's China has responded to discussions about recruiting retired employees, stating that it adheres to legal employment policies and offers flexible employment options, including re-employment of retirees [3] - This strategy alleviates labor shortages in frontline positions while reducing social security costs, positively impacting store efficiency and profit margins in the short term [3] - The market sentiment around the "silver economy" is rising, but the scale of employment remains limited, leading to a neutral impact on overall performance [3] Group 4: Tingyi's Market Challenges - Citigroup has expressed structural concerns regarding Tingyi's ongoing weak revenue performance and continuous market share loss, assigning a target price of HKD 10.1 and a "sell" rating [4] - The preference order in China's food and beverage sector remains unchanged, favoring brands like Nongfu Spring and Uni-President, which exhibit sustainable growth models [4] - If Tingyi's revenue continues to lag behind peers in the second half of the year, its valuation premium may be rapidly compressed, with funds potentially flowing out towards competitors with stronger channel and product innovation advantages [4]