赴港上市潮 。 作者 I 周佳丽 报道 I 投资界PEdaily 酱油一哥又IPO敲钟了。 投资界获悉，今日海天味业正式在港交所挂牌上市。此次IPO发行价每股36 .3港元，筹资 1 0 1亿港元，成为年内港股最大规模IPO之一。 这一次，海天味业H股发行认购火爆，超额认购逾9 3 0倍，引入高瓴、新加坡政府投资公 司GIC、瑞银资管、加拿大皇家银行、CPE源峰、 博裕资本 、 红杉中国、佛山发展等8 家基石投资者，阵容豪华。 今日开盘， 海天味业港股 一度 涨3%，总市值超2 100亿港元 ， 董事长程雪现身敲钟。 来自佛山 女掌门带队IPO敲钟 酱油传奇始于3 0 0年前。 自清代中叶，传统酿造业的佛山古酱园就已经颇有名声，海天便溯源于"佛山古酱园"， 得 名 于 " 海 天 （ 古 ） 酱 园 " 。 195 5 年 ， 佛 山 2 5 家 古 酱 园 谋 略 合 并 重 组 ， 组 建 " 海 天 酱 油 厂"，便是现在海天的前身。过去几十年里，海天味业一步步由小到大，背后离不开灵魂 人物——庞康。 出生于1 9 5 6年，庞康是地地道道的广东佛山人。1 9 82年，庞康大学毕业被分配到海天酱 油 厂 ...

港股开盘，恒指开跌0.38%，科指开跌0.52%。海天味业(03288.HK)上市首日涨3.3%。稳定币概念股活 跃，连连数字(02598.HK)涨10.7%，移卡(09923.HK)涨超9%，众安在线(06060.HK)涨近8%。 ...

智通财经6月19日电，香港恒生指数开盘跌0.38%。恒生科技指数跌0.52%。利弗莫尔证券显示，海天味 业上市首日高开3.31%。 恒生指数开盘跌0.38% ...

一个"歇业公告"，变成一堂"调味启蒙课" 春节将至，中国街头的烟火气逐渐升腾。对很多低线城市的居民来说，节日不仅是团圆，更是味觉记忆 的归宿——那家街角小馆的红烧狮子头、那碗常年爆满的糖醋里脊，才是他们舌尖上的年味。而在这样 最接地气的时刻，亨氏悄然出现了——不是在电视、不是在APP首页，而是在一扇扇落下的卷帘门上。 （原标题：当广告回到街头：亨氏"调味卷帘门"拿下戛纳媒介铜狮） 在低成本投入下，这场"调味卷帘门"行动迅速在社交平台走红。用户拍下熟悉的餐馆门面、评论招牌菜 的味道、分享复刻后的做菜视频，一时间，"番茄酱做中国菜"的话题热度节节攀升。 数据显示： 而这一切的背后，只是几十个卷帘门、几句温暖的文案和一份真诚的菜谱。 把最熟悉的场景，变成最走心的媒介 这一次，亨氏没有选择投放在高楼林立的LED屏，也没有追逐直播带货的流量红利，而是进入了八亿低 线城市人群的生活半径：那些他们天天吃饭的小馆子，那些他们最信任的大厨，那些他们春节探店却扑 空的瞬间。 这些卷帘门不只是广告，更像是一次亲切的邀请。亨氏不仅展示了"番茄酱也能做中国菜"，还在卷帘门 上贴上了真实菜谱和番茄酱试吃小包装，让人们顺手带回家，立刻尝试 ...

Group 1 - Haitai Weiye's dark market closed up 3.86% on June 18, with a final price of HKD 37.7 and a total market capitalization of HKD 219.56 billion, indicating strong market recognition [1] - The listing of Haitai Weiye on the Hong Kong Stock Exchange is expected to provide significant capital support and enhance its international visibility and brand influence [1] Group 2 - Shiyuan Technology submitted its listing application to the Hong Kong Stock Exchange on June 17, holding a leading position in the interactive smart panel and LCD main control board sectors [2] - The company's projected revenues for 2022 to 2024 are HKD 20.99 billion, HKD 20 billion, and HKD 22.4 billion, with net profits of HKD 2.1 billion, HKD 1.4 billion, and HKD 1 billion respectively [2] - The listing is a significant step for Shiyuan Technology towards the international capital market, which will enhance its brand influence [2] Group 3 - Xie Ruilin expects a loss of no more than HKD 200 million for the fiscal year ending March 31, 2025, a significant reduction of over 46% compared to the previous year's loss of HKD 374 million [3] - The improvement in performance is attributed to the successful implementation of business transformation strategies and increased profit contributions from its franchise operations in mainland China [3] - This positive trend indicates the company's potential for future financial performance and market competitiveness [3] Group 4 - Zhou Li Fu, Sheng Bei La, and Ying Tong Holdings are simultaneously conducting an IPO in Hong Kong, with subscription ending on June 23 [4] - The offering prices are set at HKD 24, HKD 2.8-3.28, and HKD 6.58 respectively, with cornerstone investors participating and all companies having an over-allotment option [4] - Zhou Li Fu is expanding rapidly through a franchise model, while Ying Tong Holdings boasts a strong brand portfolio and sales network; Sheng Bei La focuses on high-end postpartum care with significant revenue growth but increasing losses [4]

Group 1 - Haitai Flavor Industry's Hong Kong stock saw a significant increase, with a peak rise of nearly 10% in the dark market, currently up nearly 5% [1] - The company's offering price for each H-share was set at HKD 36.30 [1] - The stock's trading volume reached 5.5252 million shares, with a total transaction value of HKD 2.17 billion [1] Group 2 - The stock's highest price during trading was HKD 40.95, while the lowest was HKD 38.00, indicating a trading range of 8.13% [1] - The current market capitalization of Haitai Flavor Industry is approximately HKD 221.597 billion [1] - The price-to-earnings ratio (P/E) stands at 32.06, and the price-to-book ratio (P/B) is 6.58 [1]

"绍兴腐乳种类繁多，海外食客偏爱红腐乳。出口的红腐乳主要靠手工制作，包括研磨大豆、制坯、发 酵等20多道工序。"该公司外贸部经理余敏莹受访时说，中国人用一块腐乳就能吃下一碗白米饭，但海 外消费者不同，比如欧洲人喜欢将腐乳作为意大利面的酱料，也有的人把腐乳当作果酱，涂在面包上享 用。 作为传统发酵类调味品，绍兴腐乳的食品健康问题也广受关注。2024年7月，欧盟发布食品健康声明相 关法规，其对红曲米的使用作出新要求。而红曲米在绍兴腐乳制作中起到关键作用。 【欧洲专线】"下饭神器"腐乳受欧洲食客青睐绍兴出口大幅增长 中新社浙江绍兴6月18日电 (项菁)腐乳称得上是中国人的"下饭神器"。今年前5月，绍兴海关监管出口腐 乳约331吨，货值约591万元人民币，其中，对欧洲出口金额同比增长超20%。 浙江绍兴是中国腐乳产地之一，经千年传承有其独特风味，是中国国家地理标志保护产品。早在明朝嘉 靖年间，绍兴腐乳就已远销海外，后被海外食客称为"东方奶酪"。 6月13日，在浙江绍兴一腐乳生产车间，工人们对腐乳进行装瓶。项菁摄 灌卤、装瓶、装车……连日来，在绍兴某腐乳生产企业，数十名工人忙碌在生产车间，赶制欧洲、东南 亚、北美等国家 ...

Macro and Strategy - The report highlights a seasonal increase in funding rates expected in June due to the peak of maturing funds and quarter-end factors [8][9] - The analysis of the public utility and environmental protection industry indicates a mixed performance, with the public utility index rising by 0.26% while the environmental index fell by 1.19% [9][10] Industry and Company - The public utility and environmental protection sector is undergoing significant changes, with the National Energy Administration initiating hydrogen energy pilot projects and Guangdong province issuing a "waste-free city" construction plan [10][11] - The report identifies a strong growth trajectory for the electronic specialty resin segment within Shengquan Group, driven by high demand in manufacturing and technology sectors [25][26] - AIA Group is recognized as a leading life insurance company in the Asia-Pacific region, achieving an annual new premium income of $8.606 billion and a net profit of $6.883 billion in 2024 [22][23] - The report emphasizes the unmet needs in the IBD treatment market, with a global market size exceeding $20 billion and significant opportunities for new drug development targeting this area [20][21] Investment Strategies - The public utility sector is recommended for investment, particularly in large coal-fired power companies and renewable energy leaders, as policies continue to support the growth of the renewable sector [11][12] - The education sector is highlighted for its resilience, with K12 education expected to maintain strong demand despite demographic challenges, and AI education products gaining traction [15][18] - The report suggests focusing on companies with strong cash flow in the waste incineration industry, as they are expected to benefit from improving cash flow dynamics [10][12]

Group 1: Market Growth and Trends - The domestic infant formula market experienced a 2.3% year-on-year sales growth in Q1 2025, reversing a 0.9% contraction over the past 12 months [1] - The increase in birth rates, driven by the "Year of the Dragon" baby boom and post-pandemic recovery, led to a slight rise in newborns to 9.54 million in 2024, ending a seven-year decline [1] - However, marriage registrations dropped over 20% in 2024, indicating a potential future decline in newborn numbers and a shift in market focus from newborns to older children [2] Group 2: Sales Channel Changes - Online sales channels are gaining traction, with Tmall and JD.com reporting sales growth of 13.7% and 12.6% respectively in Q1 2025 [2] - High-end infant formula products are becoming mainstream, with the ultra-high-end segment growing by 13.3% year-on-year from January to April 2024 [3] Group 3: Company Performance - FrieslandCampina's core infant formula brand, Friso, maintained double-digit growth in the Chinese market in 2024, while Feihe's ultra-high-end product, Star Flying, saw sales increase by over 60% to 6.7 billion yuan [4] - Pricing control has become a common strategy among high-end infant formula brands, allowing them to maintain a degree of pricing power in the e-commerce sector [5][6]

Group 1: Financial Policies and Market Developments - The Lujiazui Forum has opened, with expectations for new financial policy signals from central financial authorities during the event [1] - The People's Bank of China is accelerating the preparation of policies to support the construction of Shanghai as an international financial center [1] - Shanghai and Hong Kong are set to sign the "Shanghai-Hong Kong International Financial Center Collaborative Development Action Plan" [1] Group 2: Market Trends and Stock Performance - International oil prices have significantly increased, with NYMEX light crude oil futures rising by $3.07 to $74.84 per barrel, a 4.28% increase [2] - The Nasdaq China Golden Dragon Index fell by 1.77%, while the Hang Seng Index ADR decreased by 0.87% [2] Group 3: Cryptocurrency Legislation - The U.S. Senate passed a landmark stablecoin bill aimed at promoting growth in the cryptocurrency industry, with a vote of 68 in favor and 30 against [3] - This legislation establishes a regulatory framework for stablecoins pegged to the U.S. dollar, marking a significant victory for digital asset companies [3] Group 4: Investment Trends - Southbound capital trading volume has reached HKD 11.52 trillion this year, surpassing the total for the entire previous year [4] - The net buying amount for Shanghai Stock Connect is HKD 493.1 billion, and for Shenzhen Stock Connect, it is HKD 193.9 billion, both significantly higher than the same period last year [4] Group 5: Central Bank Gold Reserves - Nearly 43% of central banks plan to increase their gold reserves in the next year, with over 90% of surveyed central banks expecting to continue adding gold [5] - This marks the highest level of interest in gold reserves since the survey began in 2019, reflecting a 17 percentage point increase from the previous year [5] Group 6: Coal Inventory and Production - Coal inventory at major ports in the Bohai Rim has decreased by 13.5% from previous highs, totaling 28.68 million tons [7] - Coal production from January to May reached 198.54 million tons, with a year-on-year growth rate of 6.0% [6] Group 7: Corporate Developments - Dada Group has completed its privatization and will cease trading as a public company [8] - Kingsoft Cloud has completed the issuance of 69.375 million shares, raising approximately HKD 404 million [9] - Rongchang Bio's product, Taitasip, has received orphan drug designation from the EU for the treatment of myasthenia gravis [10] Group 8: Technology and AI Developments - Tencent Yuanbao has launched an AI programming mode, significantly enhancing coding efficiency for users [11] - Alibaba's Tongyi team has open-sourced the Qianwen 3 quantization model, optimized for Apple's MLX framework [13] Group 9: Financial Forecasts - Yadea Holdings expects a net profit of no less than RMB 1.6 billion for the first half of 2025, up from RMB 1.03 billion in the same period last year [17] - Haitian Flavor Industry has set the final price for its H-shares at HKD 36.3 per share, with additional shares to be issued [15][16]