Core Viewpoint - The establishment of Yongde County Zhencong and Cosmetics Co., Ltd. indicates a growing interest in the cosmetics and retail sectors, with a diverse range of business activities planned [1] Company Overview - Yongde County Zhencong and Cosmetics Co., Ltd. has been registered with a legal representative named He Zhencong and a registered capital of 10,000 RMB [1] - The company’s business scope includes various retail activities such as cosmetics, daily necessities, and personal hygiene products, indicating a broad market approach [1] Business Activities - The company will engage in the sale of single-purpose commercial prepaid cards, daily household appliances, clothing, office supplies, medical masks, automotive parts, and various other retail items [1] - Specific categories of products include sports equipment, internet sales (excluding licensed goods), and second-hand daily necessities, showcasing a comprehensive retail strategy [1]

天眼查App显示，近日，成都市金牛区真彩霞化妆品店（个体工商户）成立，法定代表人为王兴建，注 册资本10万人民币，经营范围为一般项目：化妆品零售。（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：生活美容服务。（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）。 ...

Core Insights - The report highlights a positive market sentiment in Hong Kong, with the Hang Seng Index closing up 251 points or 0.97%, driven by gains in banking and oil stocks [3][4] - The report notes a significant inflow of capital from northbound trading, with a net inflow of 5.472 billion HKD [3] - The report discusses the performance of blue-chip stocks, with 62 out of 88 stocks rising, indicating a broad-based recovery in the market [4] Market Performance - The Hang Seng Index opened at 25,999 points, reaching a high of 26,217 points during the day, before closing at 26,158 points [3] - The trading volume for the day was reported at 228.76 billion HKD, reflecting active market participation [3] - The report mentions that the market has rebounded after a decline of 948 points in the previous month, indicating a potential stabilization [4] Company Developments - Animoca Brands, a Hong Kong-based Web3 unicorn, is set to go public through a reverse merger with Currenc Group, which is expected to enhance its market presence in digital assets [7] - Sasa International anticipates a significant increase in interim profits, projecting a rise of 50% to 56% year-on-year, attributed to increased tourist traffic and effective marketing strategies [13] - Xpeng Motors reported a 76% year-on-year increase in electric vehicle deliveries for October, reaching a record of 42,013 units, showcasing strong demand for its products [11] Strategic Collaborations - Zhaojin Mining is partnering with Ant Group's SigmaLayer to explore the digitization of overseas gold assets, leveraging blockchain and AI technologies [12] - Galaxy, a South Korean talent agency, has welcomed Star Legend as a strategic shareholder, which is expected to create synergies in artist collaborations and IP development [14] Regulatory Updates - The Hong Kong Securities and Futures Commission has issued new guidelines to facilitate licensed virtual asset trading platforms, aiming to enhance market liquidity and competitiveness [9] - The establishment of the Debt Management Division by the Chinese Ministry of Finance aims to strengthen the oversight of government debt and mitigate risks [10]

Core Viewpoint - Sa Sa International (00178) reported a significant increase in expected earnings, projecting a profit of approximately HKD 48.5 million to HKD 50.5 million for the six months ending September 30, 2025, representing a year-on-year increase of 50% to 56% compared to HKD 32.4 million for the same period in 2024 [1] Group 1 - The company's stock opened over 3% higher following the earnings announcement, reaching a price of HKD 0.64 with a trading volume of HKD 934,400 [1] - The increase in profit is attributed to a rise in tourist numbers in Hong Kong and Macau, which improved local foot traffic [1] - The implementation of targeted marketing strategies and shopping incentives successfully attracted customers and enhanced spending [1] Group 2 - The company has adapted to the evolving retail landscape in mainland China by closing physical stores and focusing on developing its online business, which has strengthened its profitability [1]

Core Viewpoint - Sa Sa International (00178) has announced a positive earnings forecast, expecting a significant increase in profit for the upcoming financial period, driven by improved market conditions and strategic initiatives [1] Financial Performance - The company anticipates a profit attributable to shareholders of approximately HKD 48.5 million to HKD 50.5 million for the six months ending September 30, 2025, representing a year-on-year increase of 50% to 56% [1] - For the six months ending September 30, 2024, the profit attributable to shareholders was HKD 32.4 million [1] Market Conditions - The growth in profit is primarily attributed to the continuous increase in visitor numbers in the core markets of Hong Kong and Macau, which has improved local foot traffic [1] - The company has implemented marketing strategies and shopping incentives to attract customers and enhance consumer spending, successfully increasing transaction numbers and sales in Hong Kong and Macau [1] Strategic Initiatives - In response to the evolving retail landscape in mainland China, the company has closed physical stores and shifted focus towards developing its online business, which has strengthened its profitability [1]

莎莎国际(00178)发布公告，集团预计截至2025年9月30日止六个月归属于公司拥有人的盈利将取得大约 4850万港元至5050万港元，按年上升50%-56%，而截至2024年9月30日止六个月归属于公司拥有人的盈 利为3240万港元。 集团归属于公司拥有人的盈利取得显著的提升，主要受惠于:(i)集团的核心市场中国香港及中国澳门特 区旅客量持续增长，令当地人流有所改善;(ii)集团推出相应的营销策略和购物礼遇，吸引客流及提升消 费意欲，成功提升港澳交易宗数及销售额;(iii)集团因应中国内地零售业态的发展，关闭线下店铺，改为 专注发展当地线上业务的策略，加强了集团的盈利能力。 ...

集团归属于公司拥有人的盈利取得显著的提升，主要受惠于:(i)集团的核心市场中国香港及中国澳门特 区旅客量持续增长，令当地人流有所改善;(ii)集团推出相应的营销策略和购物礼遇，吸引客流及提升消 费意欲，成功提升港澳交易宗数及销售额;(iii)集团因应中国内地零售业态的发展，关闭线下店铺，改为 专注发展当地线上业务的策略，加强了集团的盈利能力。 智通财经APP讯，莎莎国际(00178)发布公告，集团预计截至2025年9月30日止六个月归属于公司拥有人 的盈利将取得大约4850万港元至5050万港元，按年上升50%-56%，而截至2024年9月30日止六个月归属 于公司拥有人的盈利为3240万港元。 ...

格隆汇11月3日丨莎莎国际(00178.HK)发布公告，集团预计截至2025年9月30日止六个月归属于公司拥有 人的盈利将录得大约4850万港元至5050万港元，按年上升50%-56%，而截至2024年9月30日止六个月归 属于公司拥有人的盈利为3240万港元。 公告称，集团归属于公司拥有人的盈利录得显著的提升，主要受惠于:(i)集团的核心市场香港及澳门旅 客量持续增长，令当地人流有所改善；(ii)集团推出相应的营销策略和购物礼遇，吸引客流及提升消费 意欲，成功提升港澳交易宗数及销售额；及(iii)集团因应中国内地零售业态的发展，关闭线下店铺，改 为专注发展当地线上业务的策略，加强了集团的盈利能力。 ...

根据《上海证券交易所上市公司自律监管指引第 3 号行业信 息披露：第四号——零售》要求，上海丽人丽妆化妆品股份有限 公司（以下简称"公司"或"丽人丽妆"）将 2025 年第三季度主 要经营数据披露如下： 一、运营店铺情况 1、2025 年第三季度运营店铺情况 | 运营平台 | 经营模式 | 2025 | 年 6 | 月 | 2025 年三季 | 2025 年三季 | 2025 | 年 | 9 月 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 30 | 日店铺数 | | 度新增店铺 | 度减少店铺 | | 30日店铺数 | | | 天猫国内/天猫国际 | 经销模式 | | 57 | | 4 | 0 | | 61 | | | | 代销模式 | | 16 | | 3 | 0 | | 19 | | | 抖音小店 | 经销模式 | | 52 | | 2 | 2 | | 52 | | | | 代销模式 | | 7 | | 0 | 0 | | 7 | | | 拼多多平台 | | | 15 | | 3 | 0 | | 18 | | ...

Core Insights - A new company, Yiwu Shangshang Intelligent Manufacturing Co., Ltd., has been established with a registered capital of 50 million yuan [1] Company Overview - The legal representative of the company is Mao Lingfeng [1] - The company is fully owned by Yiwu Jin Xiao Construction Development Co., Ltd. [1] Business Scope - The business scope includes general equipment manufacturing (excluding special equipment manufacturing), metal product research and development, plastic product manufacturing, toy manufacturing, and cosmetics retail [1]