Group 1 - The core viewpoint of the article is that CICC has raised the target price for Chow Tai Fook (01929.HK) by 31% to HKD 14.92, maintaining an "outperform" rating for the stock [1] - CICC forecasts that Chow Tai Fook will achieve low single-digit annual revenue growth for the fiscal year 2026, while gross margin may decline by approximately 0.8 to 1.2 percentage points year-on-year due to rising gold prices [1] - Despite the expected decline in gross margin, operating profit margin is projected to decrease by only 0.6 to 1 percentage point annually due to ongoing cost control measures [1] Group 2 - CICC has increased its earnings per share forecast for Chow Tai Fook for the fiscal years 2026 and 2027 by 9% each, now estimating HKD 0.83 and HKD 0.91 respectively [1] - The current stock price corresponds to a price-to-earnings ratio of 15 times for fiscal year 2026 and 14 times for fiscal year 2027 [1]

上午9时，在杭州富阳何洪良家庭农场内，工作人员忙着打包刚摘下来的果子，身旁是一个个连栋 大棚，棚内挂满了绿的、紫的果实。这些果实统称杏李，正在打包的是当下的明星品种——"味帝"。 2014年，在果树育种专家介绍下，何洪良从河南郑州引进了"风味玫瑰""味帝""恐龙蛋"这三个品种 的杏李进行适应性栽培试验。为了稳妥起见，他先种了一亩地80棵树苗，其中55棵"味帝"。试种第二年 每棵树挂了1-2颗果，第三年每棵树挂果10公斤左右，80棵树有了800公斤的收获。试种5年稳产后的 2019年，何洪良在农场里种上了17亩杏李。 目前，这片20亩的杏李园平均亩产已逾1000公斤，按50元/公斤的销售价计算，亩产值逾5万元。阶 梯式的成熟期将会使农场整个夏天都沉浸在甜蜜的忙碌中：五月下旬"风味玫瑰"登场，六月中旬"味 帝"飘香，八月上旬"恐龙蛋"压轴。何洪良几乎天天扎根果园，一边时时紧盯着天时地利，一边热情欢 迎前来订购、采摘的顾客。 "现在投产的一共有20亩。"何洪良一边介绍，一边带记者到大棚内参观。这位两颊黝黑、眼圈比皮 肤还要黑一度的农场主已经种了50多年的水果。苹果、葡萄、杨梅、李子、猕猴桃、美人柑、桑葚、樱 桃…… ...

Core Viewpoint - The home furnishing industry is undergoing profound changes amid a complex macroeconomic environment and ongoing trade frictions, with Minhua Holdings (01999.HK) demonstrating resilience and unique value despite fluctuations in revenue and profit [1][2]. Group 1: Financial Performance - For the fiscal year ending March 31, 2025, Minhua Holdings reported a revenue of HKD 16.903 billion, a year-on-year decrease of 8.2%, and a net profit attributable to shareholders of HKD 2.063 billion, down 10.4% [3]. - Excluding factors such as fair value losses on investment properties and goodwill impairment, the adjusted net profit was HKD 2.347 billion, reflecting a year-on-year increase of 1.3% [3]. - The company's gross profit margin improved to 40.5%, an increase of 1.1 percentage points year-on-year, indicating enhanced operational efficiency [4]. Group 2: Market Performance and Strategy - Minhua Holdings achieved a revenue of HKD 9.927 billion from the China region, accounting for 58.7% of total revenue, while North America generated HKD 4.420 billion, a year-on-year growth of 3.2%, and Europe and other regions saw a significant increase of 22.9% to HKD 1.469 billion [6]. - The company has effectively mitigated domestic market pressures through strong performance in overseas markets, particularly in Europe, which has fortified its overall performance [7]. - Minhua Holdings is focused on product research and development, creating a diversified product matrix, and enhancing supply chain management to ensure product availability and efficiency [7]. Group 3: Investment Appeal - The company is currently undervalued in the capital market, presenting investment opportunities due to its global layout and high dividend yield [8]. - Minhua Holdings has maintained its position as the world's leading functional sofa manufacturer for seven consecutive years, leveraging its global presence to achieve stable growth despite trade tensions [9]. - The company plans to distribute a dividend of HKD 0.27 per share, maintaining a payout ratio of 50.8%, resulting in a dividend yield exceeding 6% based on a share price of HKD 4.21 [12]. Group 4: Conclusion - Minhua Holdings has established a robust defensive barrier through its dual domestic and international market and production capacity strategy, showcasing unique value in the era of trade frictions [13]. - The company's strong financial indicators reflect its business resilience and vitality, providing a solid foundation for investor returns [13].

日前，市人大常委会主任暨军民赴富阳区下访接待群众，并调研有关工作。罗卫红参加调研。 在富阳期间，暨军民还走访新登镇上山村、潘堰村，调研深化新时代"千万工程"、缩小"三大差 距"工作，并赴新登古城调研新登古城墙保护立法工作。 暨军民强调，群众利益无小事，信访工作是反映社情民意的晴雨表。要提高政治站位，深入学习贯 彻习近平总书记关于加强和改进人民信访工作的重要思想，结合开展深入贯彻中央八项规定精神学习教 育，把群众身边的小事当作党委、政府的大事来抓，在回应群众关切、解决实际困难中一体推进学、 查、改、促，持续推动作风建设常态化、长效化，切实为群众排忧解难。要举一反三、以点带面，积极 践行全过程人民民主重大理念，善于从信访工作中了解民情、集中民智，善于从个案中发现苗头性、普 遍性问题，善于在打通堵点中完善机制、改进工作，实现"接访一个诉求、解决一类问题"，真正实现维 护民利、凝聚民心。要坚持和发展新时代枫桥经验，坚守为民情怀，深化"四治融合"，把群众眼前的所 急所盼与经济社会发展紧密结合起来，推动公共资源配置科学化、精准化、人性化，切实把矛盾纠纷化 解在基层、解决在萌芽状态，不断提升人民群众获得感、幸福感、安全感， ...

全国中国皇家 Anda 原来 皇冠皇帝皇帝国家 pper a strang a sa 型 名品 品 用品 用 的 B B @ agon ac go and 委员 参考委员 会员会主席会会会会会主席会议 （本文系紫金财经原创稿件，转载请注明来源） 近日，北京永乐拍卖现场，一只薄荷绿色的LABUBU玩偶以108万元的天价落槌成交，算上手续费，实际成交价超120万。 这场天价交易的余温尚未散去，次日LABUBU背后的公司泡泡玛特股价便刷新纪录，报收于269.80港元/股，达到3623亿港元。拉长时间线来看，2025 年内 其股价涨幅已超 174.18%，创始人王宁更借此荣登河南首富之位。 LABUBU是香港出身的插画家龙家升在绘本中出现的角色，自诞生以来，便以其独特的外貌迅速吸引了众人的目光。LABUBU 拥有标志性的9颗外露大尖 牙，直立且长长的尖尖耳朵，以及古灵精怪的大眼睛，整体形象并非传统意义上的可爱，反而带着一种"丑萌"特质。 泡泡玛特将其作为"THE MONSTERS"系列，制成公仔和手办等销售。 独特的艺术基因，是 LABUBU 在众多潮玩中脱颖而出的根基，加上社交媒体的推波助澜，LABUBU 完成了从 ...

| 排名 | 基金管理人 | 证券简称 | 证券代码 | 净流入金额(万元 | | --- | --- | --- | --- | --- | | l | 华夏基金 | 信用债ETF基金 | 511200 | 81411 | | 2 | 易方达基金 | 公司债ETF易方达 | 511110 | 70531 | | 3 | 汇添富基金 | 港股通创新药ETF | 159570 | 6456. | | ব | 广发基金 | 港股创新药ETF | 513120 | 6047- | | 5 | 海富通基金 | 短融ETF | 511360 | 5467 | | 6 | や夏暮金 | 恒生科技指数ETF | 513180 | 4173( | | 【 | 嘉实基金 | 中证500ETF | 159922 | 3392 | | 8 | 腿束事会 | 酒ETF | 512690 | 3364 | | d | 银苹基金 | 港股创新药ETF | 159567 | 3297 | | 10 | 大成基金 | 信用债ETF大成 | 159395 | 30301 | 净流出金额超1亿元的有29只，沪深300ETF(510300.SH) ...

Core Viewpoint - The Hang Seng Index has turned positive, with the Hang Seng Tech Index rising by 0.35%, and Chow Tai Fook (01929.HK) leading the gainers with an increase of over 6% [1] Company Summary - Chow Tai Fook (01929.HK) has experienced a significant increase in its stock price, rising over 6%, making it the top performer among the constituents [1] Industry Summary - The overall performance of the Hang Seng Index and the Hang Seng Tech Index indicates a positive trend in the market, reflecting potential investor confidence [1]

港股稳定币概念股走高，连连数字(02598.HK)涨超13%，联易融科技(09959.HK)、众安在线(06060.HK) 涨超10%，移卡(09923.HK)涨超9%。 ...

智通财经6月16日电，港股众安在线拉升走高，一度涨逾14%。 ...

【1】国家发改委下达800亿元城市更新专项投资 近日，国家发展改革委下达中央预算内投资城市更新专项800亿元，支持各地城镇老旧小区改造、城市 危旧房改造等项目建设，涉及居民户数约550万户、受益人数约1700万人，推动改善居民居住条件，不 断提升人民群众获得感、幸福感、安全感。 【4】富力地产5月销售额13.7亿元 近日，富力地产披露5月未经审核经营简报。简报显示，5月富力地产连同其附属公司销售额13.7亿元， 销售面积约12.96万平方米。 【5】5月华侨城A销售额18.9亿元 【2】广州拟全面取消限购、限售、限价 近日，广州市商务局发布"关于公开征求《广州市提振消费专项行动实施方案（征求意见稿）》意见的 通知"，其中提到，有序减少消费限制。优化房地产政策，全面取消限购、限售、限价，降低贷款首付 比例和利率。 此外，此次《征求意见稿》还提出扎实推进城中村及老旧小区改造，2025年计划推进新开工老旧小区改 造超150个，更新住宅老旧电梯超9000台，完成城中村改造固定资产投资1000亿元。推进利用专项借款 购买存量商品房作为安置房。持续优化住房公积金使用政策，支持缴存人在提取住房公积金支付购房首 付款的同时申 ...