LN Holdings(SZ:000524) Hua Xia Shi Bao·2025-11-29 07:05Core Viewpoint - The 15th National Games serves as a significant catalyst for the integration and upgrading of the "sports + cultural tourism" industry in the Guangdong-Hong Kong-Macao Greater Bay Area, marking a historic collaboration among the three regions [2][3]. Group 1: Agreement and Collaboration - The signing of the "Four-Party Agreement" by the National Sports Administration and the governments of Guangdong, Hong Kong, and Macao aims to strengthen sports cooperation and promote integrated development in the Greater Bay Area [4][5]. - The agreement encompasses various aspects of cooperation, including enhancing sports exchanges, supporting resource sharing, and improving sports governance [4][5]. Group 2: Economic Impact and Tourism - The event has significantly boosted tourism, with over 18.4 billion yuan in market development revenue reported by November 16, and a notable increase in visitor numbers to Guangzhou and Shenzhen [7][8]. - The integration of sports events with cultural tourism has led to innovative tourism products, such as "ticket + travel packages," enhancing the overall visitor experience [8][9]. Group 3: Regional Development and Challenges - The collaboration aims to create a model for regional integration, leveraging the unique strengths of Guangdong, Hong Kong, and Macao in sports and tourism [10][11]. - Despite the opportunities presented by the National Games, challenges remain in aligning industry regulations and standards across the three regions, which may hinder the free flow of resources [11][12].