Group 1 - The company has conditionally agreed to acquire approximately 99.999995% and 0.000005% of the shares of a securities company for a consideration not exceeding 20 million HKD [1] - The securities company is a limited liability company registered in Hong Kong, primarily engaged in brokerage and trading of listed securities and is licensed by the Hong Kong Securities and Futures Commission [1] - As of June 30, 2025, the net assets of the securities company were approximately 5.3 million HKD [1] Group 2 - The company operates in Hong Kong and mainland China, engaging in machinery and spare parts trading, machinery leasing, transportation services, and lending [2] - The company's performance has been adversely affected by the slowdown in the real estate market in both Hong Kong and mainland China, prompting the board to seek business diversification [2] - The board believes that the acquisition of the securities company provides a low-cost entry point into the financial services sector, aligning with the overall interests of the company and its shareholders [2]

Core Viewpoint - The company has adopted a stock option plan for 2025, aiming to enhance employee incentives and align their interests with shareholders [1] Group 1: Stock Option Plan - The board has resolved to grant a total of 32.8 million stock options to three executive directors under the 2025 stock option plan [1] - Additionally, 27.8 million stock options will be granted to 29 other employees who are not directors, major executives, or significant shareholders, pending the plan's effectiveness [1] Group 2: Share Buyback - The board believes that the current trading price of the shares does not fully reflect the company's value [1] - Depending on market conditions and the company's actual needs, the board may repurchase up to 172,855,400 shares, which represents 10% of the total shares issued as of the annual general meeting date [1] - The cost of the repurchased shares will be funded from the company's existing cash reserves, and the repurchased shares will either be used as treasury shares for the stock option plan or canceled [1]

Core Viewpoint - Poly Property (06049) announced the resignation of its current domestic and overseas auditors, Tianzhi International Accounting Firm and Tianzhi Hong Kong Accounting Firm, effective from November 13, 2025 [1] Group 1 - The board plans to appoint Lixin Accounting Firm and Hong Kong Lixin Dehao Accounting Firm as the new domestic and overseas auditors, effective from November 13, 2025 [1] - The term of the new auditors will last until the conclusion of the extraordinary general meeting where the formal appointment of the auditing firm will be reviewed [1]

Core Viewpoint - Poly Property (06049.HK) announced the resignation of its current auditing firms, Tianzhi International and Tianzhi Hong Kong, effective from November 13, 2025, to enhance audit service efficiency and align with governance standards [1] Group 1 - The company aims to maintain good corporate governance practices and ensure proper development [1] - The resignation of the auditing firms is part of a coordinated effort with the company's ultimate holding company regarding audit arrangements [1] - The board plans to appoint Lixin Certified Public Accountants and Hong Kong Lixin Dehao Certified Public Accountants as the new auditing firms, effective from November 13, 2025, until the conclusion of the extraordinary general meeting [1]

Core Viewpoint - Poly Property (06049) announced the resignation of its current domestic and overseas auditors, Tianzhi International Accounting Firm and Tianzhi Hong Kong Accounting Firm, effective from November 13, 2025 [1] Group 1 - The board intends to appoint Lixin Accounting Firm and Hong Kong Lixin Dehao Accounting Firm as the new domestic and overseas auditors, effective from November 13, 2025 [1] - The term of the new auditors will last until the conclusion of the extraordinary general meeting where the formal appointment of the auditing firm is reviewed [1]

天眼查App显示，近日，广州恒雅化工日用品有限公司成立，法定代表人为陶森，注册资本5万人民 币，经营范围为物业管理;化工产品销售（不含许可类化工产品）;化工产品生产（不含许可类化工产 品）;对外承包工程;劳务服务（不含劳务派遣）;人力资源服务（不含职业中介活动、劳务派遣服务）; 以自有资金从事投资活动;企业形象策划;采购代理服务;广告发布;广告制作;广告设计、代理;咨询策划服 务;医学研究和试验发展;生物化工产品技术研发;技术服务、技术开发、技术咨询、技术交流、技术转 让、技术推广;会议及展览服务;品牌管理;供应链管理服务;企业管理;第二类医疗器械销售;第一类医疗器 械销售;技术进出口;货物进出口;塑料制品销售;国内贸易代理;计算机软硬件及辅助设备批发;计算器设备 销售;通讯设备销售;仪器仪表销售;电子产品销售;家用电器销售;互联网销售（除销售需要许可的商品）; 贸易经纪;美发饰品销售;消毒剂销售（不含危险化学品）;个人卫生用品销售;卫生用品和一次性使用医 疗用品销售;日用家电零售;日用化学产品销售;日用品销售;日用百货销售;日用化学产品制造;化妆品零售; 化妆品批发;建筑劳务分包;消毒剂生产（不含危险化学品 ...

除了农贸市场，永汉镇的创意街区也是服务提升的重点。 南昆山是国家二级保护动物豹猫的栖居地，永汉镇打造"汉宝"豹猫IP形象，在街面建筑外立面改造工程 中，将"汉宝"雕塑与建筑、街面融合在一起，打造"寻猫之旅"创意街区，吸引众多游客。 针对旅游旺季保洁压力增大等问题，保利进一步优化环卫作业体系，根据商户布局情况重新规划垃圾桶 放置点位，提高保洁频次。同时，投入扫路车、洒水车、压缩车、清洁机等多种环卫机械化设备，落 实"机械清扫+人工补位"作业模式，提高环卫作业效率。 "现在的菜市场环境好、秩序好，逛起来心情也舒适！"广东省惠州市龙门县永汉镇，71岁的居民何秀梅 到镇上的农贸市场挑选肉蛋蔬果，"一年以前可不一样，小摊贩占道，卫生脏乱差，车辆乱停放……" 从"脏乱差"到"洁净美"，一座农贸市场的转变，源自基层治理的创新。 永汉镇北靠南昆山国家森林公园，西邻广州市增城区，自然风光优美，温泉资源丰富，是一座文旅重 镇。2022年12月，广东省启动"百县千镇万村高质量发展工程"（以下简称"百千万工程"）以来，永汉镇 围绕文旅产业，持续完善基础设施，于2023年入选"百千万工程"典型镇。 然而，一道难题摆在眼前：菜场里外乱糟 ...

Labor Market Insights - The ADP report indicates an average weekly loss of 11,250 jobs in the U.S. private sector for the four weeks ending October 25, reflecting a slowdown in the labor market[12] - The small business optimism index fell to a six-month low, driven by deteriorating profits and weakened economic confidence[14] Stock Market Performance - The Hang Seng Index closed at 26,696, up 0.18% for the day and 33.08% year-to-date[3] - The S&P 500 index closed at 6,832, with a daily increase of 10.21% and a year-to-date gain of 16.41%[3] - Major tech stocks showed mixed performance, with Apple rising 2.16% and Nvidia falling 2.96%[12] Sector Highlights - The new consumption sector performed well, with stocks like Lao Pu Gold rising over 2%[9] - The semiconductor sector faced declines, with Huahong Semiconductor down over 3%[9] - Airline stocks generally rose, with Cathay Pacific up over 2%, driven by expectations of a super cycle in the airline industry[9] Economic and Political Context - President Trump warned of "disastrous consequences" for the economy if the Supreme Court rules against his tariff powers[12] - The U.S. House of Representatives plans to vote on a temporary funding bill, which may impact economic data collection[11]

Core Viewpoint - The company, Fantasia Holdings (01777.HK), has received a notification from OASIS Capital Asia Limited regarding a proposed auction to sell up to 29.9% of its subsidiary, Color Life Services Group (01778.HK) [1] Group 1: Company Actions and Responses - The company asserts that the alleged debts to TFISF are not secured by Color Life shares and has formally opposed any auction procedures related to these shares [1] - The company is seeking legal advice to protect its rights against unauthorized attempts to enforce the claimed security rights [1] - The company will issue further announcements to inform shareholders and investors of any significant developments [1] Group 2: Shareholding and Financial Details - TFISF claims to hold a total of 780,104,676 shares of Color Life, which represents approximately 41.95% of the total issued shares as of the announcement date [1]

Core Viewpoint - The management of public revenue in residential communities is a significant issue that affects community governance and the protection of residents' rights, as these revenues should belong to all homeowners after deducting reasonable costs [1][2][3] Group 1: Public Revenue Management Issues - Public revenues generated from community facilities, such as elevator advertisements and parking fees, are not the income of property management companies but should be shared among all homeowners [1] - Many homeowners are unaware of the existence and management of these public revenues, leading to a lack of transparency and accountability from property management companies [1][2] - The Civil Code stipulates that income generated from shared property belongs to homeowners, emphasizing the need for property management companies to disclose financial details and return excess funds to homeowners [1] Group 2: Causes of Mismanagement - The primary reason for the confusion surrounding public revenue is the information asymmetry between property management companies and homeowners, with homeowners often lacking knowledge about service costs and revenue details [2] - Low participation from homeowners and inadequate functioning of homeowners' committees hinder effective oversight of property management practices [2] - The lack of clear regulations and strict enforcement contributes to the mismanagement of public revenues in residential communities [2] Group 3: Solutions and Recommendations - Addressing the issues of public revenue management requires a collaborative effort to clarify responsibilities and enhance cooperation among all parties involved [3] - Strengthening homeowners' autonomy and ensuring the proper functioning of homeowners' committees are essential for effective supervision [3] - Implementing robust auditing and public disclosure systems, along with strict enforcement against misappropriation of public revenues, is crucial for improving transparency and accountability [3]