Core Points - The 2025 Third Guangdong-Hong Kong-Macao Greater Bay Area Development Business Roundtable Meeting was successfully held in Huizhou on July 22, 2025, with approximately 120 attendees including representatives from 57 member units and special guests [1][3] - The meeting aimed to enhance communication and cooperation among businesses in the Greater Bay Area, focusing on high-quality development and rule alignment [3][4] - Huizhou is committed to high-quality development and aims to become a new growth pole in Guangdong, leveraging its industrial platform, transportation system, and innovation capabilities [6][10] Group 1 - The roundtable meetings have been held four times since their inception in 2024, significantly promoting collaboration among businesses in the region [3][4] - The meeting included a special inspection of the business environment, allowing representatives to experience the industrial ecosystem of a "trillion-level economy" [3][4] - The roundtable discussions focused on technology innovation and industrial cooperation, proposing a collaborative innovation system involving government, enterprises, universities, and financial institutions [7][9] Group 2 - Various speakers emphasized the need for a coordinated approach to enhance the supply chain and optimize regional division of labor, particularly in manufacturing and brand operations [7][9] - The meeting highlighted the importance of breaking down institutional barriers and improving cooperation mechanisms to facilitate cross-border e-commerce and international market expansion [7][9] - Companies like Minhua Furniture and Guangdong Zhouming Energy Technology showcased their successful business models and strategies for high-quality development, emphasizing innovation and supply chain optimization [9][10] Group 3 - The successful hosting of the Huizhou roundtable reflects the strong willingness and vitality of the business communities in the three regions to deepen cooperation and seek common development [10][12] - Future plans include the third Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference scheduled for mid-September 2025 in Guangzhou, aimed at consolidating and expanding the positive momentum [10][12] - The ongoing roundtable meetings are expected to further deepen rule alignment and industrial collaboration, fostering a culture of openness and inclusivity in the Greater Bay Area [12]

Group 1 - The National Development and Reform Commission has approved two ±800 kV UHVDC transmission projects, enhancing the momentum for UHV construction in China [1] - The construction of UHV projects is expected to significantly boost the upstream and downstream of the power industry chain, with a batch of key power interconnection projects to be approved by 2025 [1] - Companies involved in UHV equipment manufacturing are likely to see substantial performance support as project bidding and delivery increase [1] Group 2 - As of July 10, 2025, the Greater Bay Area ETF has seen a net value increase of 21.60% over the past year [2] - The ETF's highest single-month return since inception was 21.99%, with the longest consecutive monthly gain being 4 months and an average monthly return of 5.14% during rising months [2] - The ETF's management fee is 0.15% and the custody fee is 0.05%, with a tracking error of 0.046% for the year [2] Group 3 - The index closely tracks the performance of companies benefiting from the development of the Guangdong-Hong Kong-Macao Greater Bay Area, including a selection of stocks from Hong Kong, Shanghai, and Shenzhen [3] - As of June 30, 2025, the top ten weighted stocks in the index accounted for 51.52%, with BYD, Ping An, and China Merchants Bank being the top three [3][5] - The index includes a maximum of 50 Hong Kong stocks, 300 companies from the Shanghai and Shenzhen markets, and 100 mainland companies, adjusted for technology sector weight [3]

Core Viewpoint - The article highlights the journey of Hong Kong pop music creator Ding Zhengkai, emphasizing his transition to Shenzhen for music development and the establishment of a music space to foster cultural exchange among youth from the Greater Bay Area [1][2][4]. Group 1: Artist's Background and Development - Ding Zhengkai, a Hong Kong pop music creator, began his music journey in middle school, influenced by diverse global music styles, leading to a versatile music creation approach [1]. - Since releasing his first personal album in 2019, Ding has drawn inspiration from the vibrant street life of Hong Kong, using his clear voice to narrate local stories [1][2]. - His frequent performances in mainland China allowed him to connect with Shenzhen musicians and explore new opportunities for his music career [2]. Group 2: Establishment of Music Space - In late 2020, with support from the Longgang District government in Shenzhen, Ding transformed an 800-square-meter old space into a music hub aimed at facilitating collaboration among pop music workers in the Greater Bay Area [2]. - By September 2022, the "Youth Home for Integration of Guangdong, Hong Kong, and Macao" was officially established in this music space to promote cultural exchange among youth from the three regions [3]. Group 3: Cultural Exchange and Community Impact - Ding emphasizes the importance of a new identity for Hong Kong youth as "Bay Area Youth," highlighting the similarities between Shenzhen and Hong Kong as cultural melting pots [4]. - The "Together Music Concert" held in 2024 showcased collaboration among musicians from Shenzhen, Hong Kong, and Macau, fostering closer ties and creative exchanges [4]. - Ding expresses gratitude for growing up in a prosperous country and aims to use his music space to host more events that connect musicians from the three regions, sharing experiences and opportunities within the Greater Bay Area [5][7].

Core Points - The "Yue Chuang Future" initiative was officially launched in Guangzhou to support Hong Kong and Macau youth in entrepreneurship [1][2] - The initiative includes a series of special policies aimed at addressing the challenges faced by young entrepreneurs from Hong Kong and Macau [1] - Financial measures have been introduced by the Industrial and Commercial Bank of China Guangdong Branch to facilitate entrepreneurship for Hong Kong and Macau youth [1] Group 1 - The initiative will establish entrepreneurial stations for Hong Kong and Macau youth in Guangdong, providing services such as policy consultation, resource matching, entrepreneurial guidance, and technical support [1] - The program aims to enhance the entrepreneurial environment in Guangdong, offering support in various aspects including living conditions and talent subsidies [1] - Participants expressed optimism about the opportunities available in the Greater Bay Area, highlighting the improved support for youth in terms of living, employment, and financial assistance [1][2] Group 2 - The event was co-hosted by multiple government departments from Guangdong, Hong Kong, and Macau, with around 300 attendees including youth representatives and industry associations [2] - The initiative is expected to attract more young people from Hong Kong, Macau, and overseas to engage in the development of the Greater Bay Area [2]

Core Viewpoint - The "3+1" documents outline a comprehensive plan for the integration and development of the Zhuhai, Zhongshan, Jiangmen, and Yangjiang cities, aiming to establish the Pearl River Estuary West Coast Urban Circle as a significant growth area within the Guangdong-Hong Kong-Macao Greater Bay Area [1][2] Group 1 - The plan emphasizes the construction of a development framework centered around Zhuhai, with Zhongshan, Jiangmen, and Yangjiang as growth poles, promoting infrastructure connectivity and collaborative industrial systems [1] - A total of 190 major cross-regional projects have been planned, establishing a coordination mechanism among the four cities to ensure effective implementation of the plans [1] Group 2 - Key tasks outlined in the "3+1" documents include enhancing regional cooperation, building a modern comprehensive transportation system, and promoting integrated infrastructure [2] - The Zhuhai Development and Reform Bureau will strengthen communication with the development reform departments of Zhongshan, Jiangmen, and Yangjiang to ensure orderly progress in task implementation and project execution [2]

Core Insights - The annual cross-border passenger flow at the Zhuhai port has exceeded 100 million, indicating a significant increase in cross-border activities in the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 1 - The Zhuhai border inspection station reported that the number of people entering and exiting through various ports, including Gongbei, Hong Kong-Zhuhai-Macao Bridge, Hengqin, and Qingmao, has surpassed 100 million this year [1] - There have been two instances of daily passenger flow breaking historical records, with the highest single-day flow reaching 823,000 people [1] - The continuous increase in cross-border activities reflects the accelerating development of the Guangdong-Hong Kong-Macao Greater Bay Area [1]

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]