（央视财经《正点财经》）旅行平台数据显示，7月以来，"夜游"相关搜索量和评论量显著增加，而且 每逢周末就会迎来搜索小高峰。在"夜游"搜索热度前10的城市中，上海名列前茅。作为超大型城市，上 海是如何在夜间经济发展方面，走出别具一格创新之路的？让我们一起跟随记者的脚步，走进上海。 总台记者 钱佳仪：跟着夜跑团，在滨江步道上小跑一会。说实话，已经有点跟不上他们的节奏了，在 夜晚，吹着小风，你看，来一场酣畅淋漓的夜跑，什么也阻挡不了大家拥抱夏夜的热情。跟着我继续走 一走，还能看到滑板、小轮车、攀岩等各种运动，是运动爱好者的聚集地。 就是这样一片充满活力的区域，曾是一片包含废弃水泥厂、仓储运输在内的老上海工业遗存。如今，水 泥厂变成"穹顶艺术中心"，油罐被改造成美术馆，货运码头华丽转身为船坞剧场和滨水音乐厅，水岸音 乐节、水岸电影节轮番上演。汇集了户外运动、艺术与市集等多重业态，已经成为大家享受生活的好去 处、上海夜间消费的新地标。 总台记者 钱佳仪：大家看我身后热闹的船坞码头，限时的联名活动吸引了大批游客前来拍照打卡。 总台记者 钱佳仪：美食，可是夜间经济的重要组成部分。随着夜幕降临，"夜食天台"逐渐热闹起来。 霓 ...

Group 1 - The company will hold a board meeting on August 28, 2025, to review and approve its interim results for the six months ending June 30, 2025, and to consider the proposal for an interim dividend, if any [1] - The company reported a 17.3% year-on-year decrease in revenue for 2024, amounting to HKD 1.056 billion [1]

Group 1 - The "Enjoy Life, Taste Daxing" second Daxing Food Carnival was launched on August 15, organized by the Daxing District Commerce Bureau and the Daxing District Catering Industry Association [1] - The Daxing District Catering Industry Association released the "2025 Daxing Food Map," showcasing representative dining brands and specialty restaurants across the district, including traditional stores, popular foods, and emerging brands [1] - The Daxing Carbohydrate Festival, a unique food festival, focuses on staple foods such as noodles, rice, and pastries, featuring local specialties like Kou Bing, Guye Hezi, and fried cakes [1] Group 2 - The offline exhibition and sale event will last for three days from August 15 to 17, with participating merchants offering various coupons and benefits to stimulate consumer enthusiasm [2] - An online live broadcast of local chain brands, led by the Daxing District Catering Industry Association and supported by Meituan, will begin on August 18, aiming to promote Daxing cuisine to a broader market through digital platforms [2]

Core Viewpoint - The restaurant industry continues to face challenges such as intensified competition and declining profits, making it difficult for companies to grow. However, "Little Garden" has reported impressive mid-term financial results, standing out in a tough market environment [1]. Financial Performance - In the first half of the year, "Little Garden" achieved revenue of 2.714 billion yuan, a year-on-year increase of 6.5%. The profit attributable to shareholders was 382 million yuan, up 35.7% year-on-year. The operating cash flow reached 765 million yuan, significantly higher than 455 million yuan in the same period last year, indicating improved operational quality [1]. - The company had 672 operating "Little Garden" brand stores by the end of the first half, an increase from 617 stores in the same period last year [1]. Business Segments - All business segments of "Little Garden" showed growth, with dine-in revenue increasing by 2.2% to 1.647 billion yuan and takeout revenue growing by 13.7% to 1.057 billion yuan. The number of takeout orders rose from 12.8 million to 16.8 million [2]. - The company maintained growth in both high-tier cities and lower-tier cities, reflecting a balanced channel layout and growth potential in various markets [2]. Cost Management and Efficiency - "Little Garden" improved its profitability while increasing the proportion of takeout revenue, demonstrating effective cost management and efficiency improvements. The inventory decreased from 110 million yuan to 74 million yuan, and inventory turnover days reduced from 23.6 days to 20.7 days [3][4]. - The company has successfully catered to consumer demand for quality and affordability, leveraging healthy ingredients and freshly prepared meals to enhance customer experience [4]. Growth Strategy - The growth strategy of "Little Garden" focuses on simultaneous expansion and quality improvement, achieving a balance among scale, efficiency, and profit, which positions the company well for future growth and sustainability [4].

7月份社会销售零售总额同比增长3.7%，增速比上月回落1.1个百分点；服务市场销售总体稳定，1-7月 份服务零售额增长5.2%，与1-6月份基本持平。总体来看，7月份商品市场销售增速有所放缓，服务零售 保持总体稳定。 国家统计局新闻发言人、总经济师、国民经济综合统计司司长付凌晖在8月15日的国新办发布会上表 示，如果将商品和服务零售合并，初步测算，1-7月份同比增长5%左右，今年以来整体保持稳中有升， 表明消费扩大态势没有改变。 付凌晖表示，上半年最终消费支出对经济增长贡献率达到52%，比上年全年提升7.5个百分点。在提振 消费专项行动带动下，消费扩大态势没有改变，消费新动能持续壮大。但也要看到外部不稳定、不确定 因素增多，国内居民消费能力和信心仍待提升，消费内生动力仍待增强。下一阶段，要继续深入实施提 振消费专项行动，在扩大商品消费的同时，培育服务消费新增长点。 以旧换新、升级类商品消费增势良好 7月，市场销售继续增长。国家统计局发布的数据显示，7月份商品零售额34276亿元，增长4.0%；餐饮 收入4504亿元，增长1.1%。尽管7月商品零售增速有所放缓，不过，一些品类依然保持较好增长。 从以旧换新政策拉 ...

Economic Overview - In July, industrial added value increased by 5.7% year-on-year, down from 6.8% in June, while the service production index rose by 5.8%[1] - External demand showed unexpected strength with exports growing by 7.2%, surpassing the expected 5.9%, while internal demand weakened with retail sales increasing by only 3.7% compared to 4.8% in June[1] Consumer Trends - Retail sales growth declined from 6.4% in May to 4.8% in June and further to 3.7% in July, primarily driven by a slowdown in goods sales[1] - The sales growth of "trade-in" subsidy products fell from an average of 17.5% to 12.7%, indicating a significant impact on overall retail performance[1] Investment Insights - Fixed asset investment growth dropped from 2.6% in June to 1.6% in July, with construction investment showing negative growth for the first time since August 2020, at -0.8%[1] - Manufacturing investment growth decreased from 7.5% in June to 6.2% in July, highlighting a divergence in investment performance across different sectors[2] Future Outlook - Despite potential pressures in Q4 due to high base effects and demand front-loading, there are three supporting factors for consumer growth in the second half of the year: gradual recovery in dining growth, the release of childbirth subsidies, and consumer loan interest subsidies[1] - The construction sector is expected to face continued pressure in August due to adverse weather conditions, but policy-driven financial tools may provide support in Q4[2]

Group 1: Company Performance - Guizhou Moutai reported a revenue of 89.39 billion yuan for the first half of 2025, representing a year-on-year growth of 9.10% [1][2] - The net profit attributable to shareholders was 45.40 billion yuan, with an increase of 8.89% compared to the previous year [1][2] - The company set a target for total revenue growth of approximately 9% for 2025, slightly exceeding this target in the first half [1] Group 2: Market Trends - New consumption brands like Pop Mart, Laopu Gold, and Mixue Group have shown significant growth, with Laopu Gold's stock rising by 278.04% in the first half of the year [3] - The total market capitalization of these new consumption brands approaches 700 billion HKD [3] Group 3: Institutional Investment - Institutional investors continue to favor traditional consumer stocks, with Guizhou Moutai being a key holding for major funds [4] - Central Huijin and China Securities Finance are among the top shareholders of Guizhou Moutai, maintaining their positions without changes in shareholding [4] Group 4: Fund Manager Sentiment - Fund managers are shifting focus from traditional consumer stocks to new consumption stocks, indicating a decline in enthusiasm for traditional white liquor investments [5] - Some fund managers have significantly reduced their holdings in Guizhou Moutai, reflecting a broader trend towards new consumption sectors [5] Group 5: Fund Performance Comparison - The Silverhua CSI Hong Kong Stock Connect Consumption ETF has outperformed traditional consumption ETFs, achieving a return of 62.00% compared to 8.66% for the traditional consumption ETF [6][7] - The Silverhua ETF also shows a higher Sharpe ratio, indicating better risk-adjusted returns [6][7] Group 6: Valuation Insights - Traditional consumption indices exhibit lower valuations compared to new consumption stocks, with the CSI Major Consumption Index at a 1.11% percentile [8] - There are indications of structural opportunities in traditional consumption due to favorable policies and potential recovery in fundamentals [8]

8月15日，拉卡拉新一代餐饮数智化运营平台——拉卡拉青橙云（以下简称"青橙云"）亮相第49届广州国际餐饮加盟展，在数字化浪潮加速席卷餐饮行 业的当下，向行业人士全面展示其在智能收银、智慧餐厅、会员运营及供应链管理等方面的综合能力。拉卡拉青橙云以"全链路数字化"为核心定位，为餐饮 行业的高质量发展提供新动能。 近年来，中国餐饮行业保持着高速增长的态势。中国烹饪协会数据显示，2024年全国餐饮收入突破5.6万亿元，预计2025年仍将保持稳健上升。然而， 在竞争日趋激烈的市场中，伴随原材料、人工成本的持续上涨以及消费者需求的加速分化，餐饮企业正面临管理复杂度增加、运营效率不足、供应链协同不 畅等挑战。如何通过数智化手段打通"人、货、场、财"全链路，以数据驱动行业降本增效，成为餐饮企业破局的关键。 展，形成了从支付工具到行业解决方案的综合能力。青橙云的出现，是其战略在餐饮领域深度落地的重要表现，使数字化从前台延伸到后端管理与供应链协 同，帮助不同规模的餐饮企业在竞争中保持韧性与增长动力。 在数字经济时代，数据已成为餐饮企业宝贵的资产。青橙云不仅帮助餐企记录经营数据，更通过分析与应用，让数据真正转化为决策依据与增长驱动 ...

Core Viewpoint - The article discusses the economic data released by the National Bureau of Statistics for July, highlighting a mixed performance in various economic indicators, with a notable rebound in exports while other sectors showed signs of decline. Overall, the cumulative growth rates from January to July remain stable. Group 1: Trade and Exports - In July, the total goods import and export volume reached 3.91 trillion yuan, a year-on-year increase of 6.7%. Exports amounted to 2.31 trillion yuan, growing by 8.0%, while imports were 1.6 trillion yuan, increasing by 4.8% [1][3] - Despite a decrease in exports to the U.S. due to tariffs, China's overall export resilience is evident, with significant growth in non-U.S. markets [3] - The rebound in imports is attributed to the U.S. lifting some export controls on high-tech products, with the largest increase in imports seen in high-tech categories such as aircraft engines and integrated circuits [3][5] Group 2: Consumer Spending - The total retail sales of consumer goods in July reached 3.88 trillion yuan, with a year-on-year growth of 3.7% but a month-on-month decline of 0.14%. Retail sales of goods grew by 4.0%, while catering revenue increased by only 1.1%, indicating cautious consumer spending [3][5] - The "old-for-new" policy significantly boosted the consumption of key goods, with retail sales of home appliances and audio-visual equipment rising by 28.7% year-on-year [5] - Cumulatively, from January to July, retail sales of consumer goods grew by 4.8%, while service retail sales increased by 5.2%, suggesting a steady recovery in consumption [5] Group 3: Investment Trends - From January to July, fixed asset investment (excluding rural households) totaled 28.82 trillion yuan, with a year-on-year growth of 1.6%, a decline of 1.2 percentage points compared to the first half of the year [5][6] - Manufacturing investment grew by 6.2%, while infrastructure investment increased by 3.2%. However, real estate development investment saw a year-on-year decline of 12%, with the drop widening by 0.8 percentage points [5][6] - Factors contributing to the decline in investment growth include extreme weather conditions, complex external environments, and weakened investment momentum in traditional industries like real estate [6][7] Group 4: Policy and Economic Outlook - The National Bureau of Statistics emphasized the need for proactive macroeconomic policies to address the complex international environment and domestic challenges, aiming to stabilize employment, businesses, and market expectations [7][8] - The Central Political Bureau meeting highlighted the importance of maintaining a continuous and flexible macro policy to effectively stimulate domestic demand and promote economic stability [8]

天眼查App显示，近日，惠东县吉隆古古茗奶茶店（个体工商户）成立，注册资本50万人民币，经营范 围为一般项目：外卖递送服务；食品销售（仅销售预包装食品）；玩具销售。（除依法须经批准的项目 外，凭营业执照依法自主开展经营活动）许可项目：小餐饮。（依法须经批准的项目，经相关部门批准 后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）。 ...