Core Viewpoint - The successful undertaking of the GEnx-1B engine Quick Turn maintenance by Haikou Guinness marks a significant step in the international wide-body engine maintenance market and injects new momentum into the development of the aviation maintenance industry in Hainan Free Trade Port [2][3] Group 1: Business Development - Haikou Guinness has secured its first engine maintenance order from a customer in the Guangdong-Hong Kong-Macao Greater Bay Area, enhancing the collaborative synergy between the aviation maintenance industries of Hainan and the Greater Bay Area [2] - The project is commissioned by GE Aviation and represents a strategic move for Haikou Guinness in expanding its service offerings [2] Group 2: Policy and Technical Support - The business is supported by favorable policies and technical capabilities, as Haikou Guinness operates within the Haikou Airport Comprehensive Bonded Zone, benefiting from tax exemptions and cost-effective maintenance services [2] - The company has collaborated closely with GE global lean management experts since its inception, optimizing its facility layout and introducing advanced maintenance equipment [2][3] Group 3: Future Prospects - With the highest level of authorization granted by GE under the GE Brand Service Agreement (GBSA), Haikou Guinness has become a key player in the global GEnx-1B engine official service provider network [3] - The company aims to continuously enhance its maintenance services and capacity, providing high-quality aircraft engine maintenance for global clients and fostering an industrial cluster effect with the one-stop aircraft maintenance base in the Haikou Airport Comprehensive Bonded Zone [3]

Core Points - The Ministry of Education announced the public notice for the establishment of ten new undergraduate higher education institutions, including the Greater Bay Area University [1] - Greater Bay Area University is a public university primarily funded by the Dongguan municipal government, covering a total area of 2,350 acres [1] - The university will focus on five major academic disciplines: science, engineering, management, economics, and interdisciplinary studies [1][2] Summary by Sections University Structure and Development - Greater Bay Area University will implement a "one school, two zones" educational model with two campuses: Songshan Lake (250 acres) and Binhai Bay (2,100 acres) [1] - The university aims to establish a comprehensive education system from undergraduate to doctoral levels, targeting approximately 10,000 students by 2030 with a 1:1 ratio of undergraduates to graduates [1] Academic Programs - The initial undergraduate programs will include Mathematics and Applied Mathematics, Physics, Computer Science and Technology, Materials Science and Engineering, and Industrial Engineering, with a focus on broad recruitment and differentiated talent development [1] - For graduate education, the university will collaborate with several established universities to jointly train over 100 master's and doctoral students [1] Strategic Importance - The establishment of Greater Bay Area University is a significant strategic initiative to implement the "Guangdong-Hong Kong-Macao Greater Bay Area Development Plan" [2] - The university aims to be an internationally recognized, open, and inclusive research university that leads future technological development, industrial upgrades, and social progress [2]

Core Viewpoint - The news highlights the performance of the Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index and its related ETF, indicating a positive trend in the market driven by recent events and policy support [1][2]. Market Performance - As of June 10, 2025, the Greater Bay Area Development Theme Index rose by 0.26%, with notable increases in constituent stocks such as Shenghong Technology (up 3.72%) and Guangzhou Development (up 3.24%) [1]. - The Greater Bay Area ETF (512970) increased by 0.42%, with a latest price of 1.2 yuan, and has seen a cumulative rise of 0.67% over the past two weeks [1]. Event Highlights - The 2025 Guangdong-Hong Kong-Macao Greater Bay Area Auto Show concluded on June 8, attracting approximately 890,000 visitors and resulting in 42,823 vehicle orders, amounting to around 10.07 billion yuan in sales [1]. - The auto show covered an area of about 260,000 square meters, with 80,000 square meters dedicated to interactive experience zones showcasing innovative technologies and offering test drives [1]. Policy and Economic Outlook - According to Everbright Securities, domestic policies remain proactive, with expectations for continued policy implementation. The suspension of "reciprocal tariffs" for 90 days is anticipated to maintain high export growth in the short term, with consumption being a key driver of economic recovery [1]. - The index is expected to remain volatile throughout June due to the interplay of internal and external factors [1]. Index Composition - The Greater Bay Area Development Theme Index includes various sub-indices and reflects the performance of companies benefiting from the Greater Bay Area's development [2]. - As of May 30, 2025, the top ten weighted stocks in the index accounted for 53.21% of the total, with companies like BYD (9.53%) and Ping An Insurance (7.81%) leading the list [2][4].

Group 1 - The National Enterprise Win ETF (159719) has seen a slight decline of 0.20% as of June 9, 2025, with a latest price of 1.53 yuan. Over the past week, it has accumulated a rise of 0.99%, ranking in the top one-third among comparable funds [1] - The liquidity of the National Enterprise Win ETF shows a turnover of 2.75% during the trading session, with a transaction volume of 3.0766 million yuan. Over the past year, the average daily transaction volume has been 17.5475 million yuan [1] - The Greater Bay Area ETF (512970) is currently trading at 1.19 yuan, with a year-to-date increase of 16.15% as of June 6, 2025. The underlying index, the China Securities Guangdong-Hong Kong-Macao Greater Bay Area Development Theme Index (931000), has shown mixed performance among its constituent stocks [1][4] Group 2 - The State-owned Assets Supervision and Administration Commission (SASAC) has issued a new management approach for the development planning of central enterprises, emphasizing industrial orientation. This includes a three-tier planning system focusing on optimizing and adjusting industries [2] - The Greater Bay Area Development Theme Index (931000) has its top ten weighted stocks, including BYD (002594) and China Ping An (601318), which collectively account for 53.21% of the index [4] - The National Enterprise Win ETF (159719) closely tracks the FTSE China National Enterprises Open Win Index, which consists of 100 constituent stocks, including major state-owned enterprises [4]

Core Insights - The "Opportunities in the Bay Area" initiative has showcased the promising prospects of the Guangdong-Hong Kong-Macao Greater Bay Area, emphasizing that certainty is the most significant opportunity for investors and innovators [1][2]. Economic Performance - The nine cities in the Pearl River Delta reported a combined GDP exceeding 2.75 trillion yuan, an increase of nearly 180 billion yuan compared to the same period last year [1]. - Hong Kong's GDP grew by 3.1% year-on-year in Q1, marking a five-quarter high, with a quarterly growth of 2%, the largest increase in two years [1]. - Macao's GDP for Q1 was recorded at 997.8 million patacas, indicating a recovery trend [1]. Investment Landscape - Over 2,700 family offices have established a presence in Hong Kong, with more than half managing assets exceeding $50 million [2]. - By February 2024, the Hong Kong Investment Promotion Agency successfully attracted 160 global family offices [2]. - Actual foreign investment in Qianhai is projected to reach 26.65 billion yuan in 2024, reflecting a year-on-year growth of 7.4% [2]. - As of June 2024, Macao's financial sector total assets amounted to approximately 27.174 billion patacas, a 25% increase since 2019 [2]. Innovation Ecosystem - Guangdong has established 31 joint laboratories for technology cooperation with Hong Kong and Macao, promoting a collaborative development model [3]. - More than 130 technology incubation platforms have been set up in Guangdong, with nearly 1,100 Hong Kong and Macao enterprises and teams currently being incubated [3]. - Hong Kong is developing its third InnoHK innovation platform, focusing on advanced manufacturing, materials, energy, and sustainable development projects [3]. - Macao has established four national key laboratories, with increasing income from industry-university-research collaborations and patent projects [3]. Resilience Against Challenges - The Hong Kong government emphasizes a clear strategy of aligning closely with national development plans, leveraging its unique position to strengthen its economy [4]. - The Macao government is deepening exchanges with Portuguese-speaking countries while expanding connections with Spanish-speaking and Southeast Asian nations [4]. - Shenzhen is actively developing major platforms like Qianhai and He Tao, with clear construction goals set for 2025 [4]. - Cities in the Greater Bay Area are focused on steady progress and self-improvement, demonstrating confidence and resilience in the face of external challenges [4].