不当"光环代表" 履职尽责为民 6月24日，市人大常委会主任王衍诗同列席市十六届人大常委会第三十九次会议的部分市人大代表座谈 交流，听取代表们对代表工作的意见建议。 座谈会上，市人大代表叶雪文、雷群燕、周洁、胡仁杰、谭遇芳分别结合自身履职实践，围绕贯彻落实 新修改的代表法、发挥人大代表产业联系点作用、加强"民意码上说、实事马上办"宣传推广、完善"代 表随手拍"反映事项督办和反馈机制、优化"广州人大i履职"小程序、着力推动解决群众急难愁盼问题等 方面提出意见建议。王衍诗认真倾听，和代表们深入交流。他指出，各位代表提出的意见建议很有针对 性、可行性，市人大常委会代表工委要认真研究吸纳，不断加强和改进代表工作。 王衍诗强调，人大工作做得好不好，人大代表作用发挥得好不好，关系到制度自信。人大代表要充分认 识肩负的政治责任，深入学习贯彻新修改的代表法，进一步增强代表意识，提高履职积极性和自觉性， 通过办好一件件实事展示人大制度的优越性。要切实用好"民意码上说、实事马上办""代表随手拍""人 大代表情况反映""社情民意专报"等代表履职平台和渠道，及时收集、反映和推动解决群众身边的急难 愁盼问题，坚决不当"光环"代表，真正 ...

Core Insights - Micron reported a record revenue of $9.301 billion for Q3 of fiscal year 2025, marking a 15.5% increase quarter-over-quarter and a 36.56% increase year-over-year [1][3] - All end markets experienced revenue growth, with DRAM revenue reaching an all-time high and HBM revenue increasing nearly 50% quarter-over-quarter [3] - The company anticipates revenue for Q4 of fiscal year 2025 to be approximately $10.7 billion, representing an expected growth of about 15% from Q3 [3] Financial Performance - GAAP gross margin for Q3 was 37.7%, while non-GAAP gross margin was 39.0% [1] - GAAP operating margin stood at 23.3%, with non-GAAP operating margin at 26.8%, all metrics showing improvement compared to the previous quarter and the same period last year [1] Market Outlook - Micron's CEO highlighted strong growth in data center revenue, which more than doubled year-over-year, and robust growth in consumer-facing end markets [3] - The company aims to achieve record revenue, solid profitability, and free cash flow in fiscal year 2025 while investing to strengthen its technological leadership and manufacturing capabilities to meet the rising demand for AI-driven memory [3]

香港恒生指数6月26日（周四）开盘下跌129.38点，跌幅0.53%，报24345.29点； 香港恒生科技指数6月26日（周四）开盘下跌27.73点，跌幅0.52%，报5331.29点； 国企指数6月26日（周四）开盘下跌48.83点，跌幅0.55%，报8810.46点； 红筹指数6月26日（周四）开盘下跌6.04点，跌幅0.15%，报4141.26点。 ...

才几天前，美国对伊朗发动空袭，一度有可能将美国拖入另一场代价高昂的海外战争。幸好，执笔时，以色列总理内塔 尼亚胡发表声明，宣布与伊朗达成全面停火协议，结束过去12天的战斗。 伊朗国家电视台亦发布消息，指伊朗对以色列停火。宣布停火前，伊朗外长阿拉格齐在社交媒体发文，感谢伊朗强大的 武装部队，为惩罚以色列的侵略行径而采取军事行动。 随着霍尔木兹海峡的直接威胁有所缓解，油价下跌近3%，此前一晚已经暴跌近9%。美国原油期货目前接近回落至以色 列袭击伊朗前的最低点。这对全球通胀来说是一大利好，有助于各国央行遏制物价上涨的努力。 现时投资者的关注焦点转向美联储主席鲍威尔国会听证会。 受特朗普关税政策带来的通胀影响，美联储今年尚未对利率采取行动。不过，美联储内部也出现分歧，与鲍威尔的鹰派 立场不同，一些官员开始倾向于7月降息。 鲍威尔就美联储在最近会议上决定维持利率不变并对未来借贷成本变化采取观望态度接受质询，特别是在特朗普呼吁将 利率至少降低「两到三个百分点」之后。 在利率前景不明朗的情况下，美元从周一的99.40下跌至98水平之下，综观中长线的技术走势，涌向美元的避险资金已 流走，假如美汇指数跌穿97.60，便将出现下 ...

Core Insights - The organic silicone pressure-sensitive adhesive market in China has historically been dominated by international giants, leading to a high dependency on imports. However, recent advancements in domestic R&D and technology have allowed for the development of products with independent intellectual property rights, gradually achieving import substitution [1][11][15]. Industry Overview - Organic silicone pressure-sensitive adhesives are polymer-based adhesives that exhibit permanent adhesion after curing, with excellent properties such as weather resistance, skin-friendliness, moisture resistance, UV resistance, electrical insulation, and easy peeling [3][5]. - The market for organic silicone pressure-sensitive adhesives is expected to grow, with production projected to reach 260,000 tons by 2024, reflecting an 8.33% year-on-year increase [1][11]. Market Size and Growth - The market size for organic silicone pressure-sensitive adhesives in China was approximately 2.628 billion yuan in 2018, and it is expected to grow to 3.858 billion yuan by 2024, with a compound annual growth rate (CAGR) of 6.6% [13]. Competitive Landscape - Foreign companies like Mitsui Chemicals and Wacker Chemie hold significant advantages in technology, branding, and market channels. Domestic companies such as Silbond Technology, Kangde Xin, and Shanghai Jinghua are gradually increasing their market share by improving product quality and leveraging local advantages [15][17]. Industry Chain - The upstream of the organic silicone pressure-sensitive adhesive industry includes raw materials such as silicone rubber, MQ resin, organic solvents, and additives. The downstream applications span various sectors, including automotive, aerospace, construction, and consumer electronics [7][9]. Development Trends - The future of the industry is expected to focus on solvent-free, low-energy radiation-crosslinked organic silicone pressure-sensitive adhesives, particularly electron beam crosslinked types, which are environmentally friendly and energy-efficient [22]. - The pace of domestic substitution is anticipated to accelerate, especially in high-end products, as companies increase R&D investments and achieve greater technological independence [23].

为优化完善湖北邮政快递基础设施布局，强化邮政快递枢纽集聚辐射功能，有效降低物流成本，湖北省 人民政府办公厅日前发布《湖北省推进邮政快递枢纽布局建设三年行动方案（2025—2027年）》（下 称"《行动方案》"），目标到2027年，全省培育3—5家年业务收入超过10亿元的快递企业，年寄递业务 量突破80亿件，带动网络零售额5000亿元、农产品交易额800亿元、降低物流成本55亿元，更好地服务 湖北实施枢纽提能战略，加快建成中部地区崛起的重要战略支点。 在推动枢纽产业融合发展方面，《行动方案》提出拓展邮政快递服务电子商务产业链、拓展邮政快递服 务制造业产业链、拓展邮政快递服务现代农业产业链等3条举措，形成创新驱动、融合协同的邮政快递 枢纽经济新范式。 在空间布局上，《行动方案》提出建设邮政快递枢纽和关键节点、构建邮政快递国内国际通道、完善邮 政快递网络等3条举措。支持武汉、鄂州加快建设全球性国际邮政快递枢纽，在襄阳、宜昌、荆州、荆 门、孝感等邮件快件日均处理量超过150万件的地区统筹建设全国性邮政快递枢纽。依托武汉天河机 场、鄂州花湖机场客货"双枢纽"，构建链接全球的邮政快递国际网络通道，支撑湖北打造内陆开放高 ...

我们无法接受25%的汽车关税。 日本首席谈判代表、经济再生大臣赤泽亮正：在与美国进行协商时，将谨记7月9日这个最后期限。 日本汽车制造商为美国经济做出了贡献。 ...

Core Viewpoint - Shanghai Pudong Development Bank's Shanghai Branch celebrates its 32nd anniversary, emphasizing its commitment to compliance culture and its role in supporting national strategies and local economic development [2] Group 1: Compliance and Risk Management - The Shanghai Branch adopts a "digital intelligence" approach to strengthen compliance management, achieving a balance between risk mitigation and value creation [3] - A three-tier risk identification mechanism is established, including "early warning monitoring, special inspections, and daily checks," ensuring comprehensive risk assessment [3] - The branch has maintained a "Level 2" rating in risk assessments by the Shanghai Financial Regulatory Bureau and has been recognized as an "A-class institution" by the People's Bank of China for 12 consecutive years [3] Group 2: Credit System Innovation - A new "front × wide × high" credit system is developed, promoting collaboration between risk management and business marketing departments to enhance customer engagement [11] - The branch focuses on dynamic support for credit services, improving asset management capabilities and aligning credit services with frontline business needs [12] - Research teams are established to deepen industry insights, covering six major sectors, thereby enhancing customer trust through specialized approvals [13] Group 3: Service Experience Enhancement - The bank aims to improve service experiences by optimizing the business environment and enhancing customer interactions [17] - Innovations in corporate services include a multi-channel online appointment platform and self-service account opening options, making the process more efficient [18] - Special services for foreign clients are implemented, including simplified account opening processes and 24/7 payment services at the airport, receiving positive feedback from international customers [19] Group 4: Security and Fraud Prevention - Advanced data models are utilized to enhance the security of funds, with successful interception of 125 suspicious account activities and prevention of over 3.81 million yuan in fraud [24] Group 5: Digital Transformation and Efficiency - The bank leverages "digital intelligence" to streamline service processes, significantly improving operational efficiency [27] - An intelligent inquiry process is developed, handling nearly 40,000 cases annually with reduced manual intervention, setting a benchmark in the industry [28] - The bank has completed over 1,400 technical support sessions for direct connections between banks and enterprises, enhancing cross-border financial service efficiency [30]

新濠影汇本季度大放异彩，净营收3.32亿美元，同比涨80%，EBITDA8070万美元，同比大涨265%，VIP1.55亿美元环 比涨80%，中场1.77亿美元同比增31%，非博彩收入为5100万美元；澳门新濠天地净营收为6.45亿美元，同比增2%， EBITDA为1.75亿美元，同比跌1%，VIP毛收入3.54亿美元，同比增19%，中场表现一般同比跌5%达3.48亿美元，非博 彩收入为7500万美元；新濠锋净营收为1.07亿美元，同比涨8%，EBITDA为510万美元，同比跌64%。 新濠影汇营收大涨源于VIP和中场双重发力，VIP方面公司在去年11月增加了33桌VIP赌桌后本季度毛收入迅速增长。 我们认为新濠影汇分流巴黎人源于规模效应和新濠影汇特色的电影主题，符合大众消费者寻找多样化娱乐方式的定 位，再加上巴黎人房间设计存在问题，因此新濠影汇会成为未来营收的主力。新濠VIP和高端中场服务独树一帜，对 于客户公关提供良好激励机制，让客户公关积极亲切地接触更多客户；此外，公司采用大数据积分分析方式，通过积 分分类顾客级别提供个性化的服务。我们认为多种举措会增加高端顾客对于新濠的粘性。 作者：天风海外 营收虽超 ...

三季报6家博企5家超预期，股价表现分化，整体显著跑赢大盘：截止上周，六家澳门博企全部公布了三季报。除了永 利澳门新开业项目不及预期导致三季报低于预期，其余五家公司均超出市场预期，带动了行业在过去的一个月跑赢指 数，建议重点关注的金沙、银河、美高梅10月至今平均涨幅5.9%，超出恒生指数10.8个百分点。三季度受益于中场业 务表现强劲及费用控制，行业利润率提升显著。新开项目中，永利皇宫贵宾业务优异但中场业务显著低于预期。巴黎 人开业18天即实现28%EBITDA利润率，超预期，再次验证了金沙在大众市场上的强大竞争力和优秀运营能力。 行业收入中速增长有望持续到明年，客源结构逐步改善：三季度新开项目对整体收入贡献显著，如果剔除新增项目， 则市场增速会大幅降低。预计四季度及明年上半年行业收入将持续受益低基数及新项目带动，大致维持中高单位数增 长。游客端数据较平稳但结构改善明显。年初至今入境人数同比持平，9月游客数同比微增0.5%，较8月有所反弹。留 宿游客增速 作 者：顾柔刚 政策风险仍是压制板块的长期因素：10月澳洲皇冠赌场员工在大陆受调查，博彩板块应声下挫，当天平均跌幅达到 3%左右。此次行动一方面对后续赌场在大 ...