｜2025年5月19日星期一｜ NO.1香港今年新股集资额已超600亿港元暂居全球首位 5月18日，香港特区政府财政司司长陈茂波发文表示，今年以来，港股反复向好。新股市场亦非常畅旺，5月20日，港交所将迎来一家备受瞩目的内地新能源 龙头企业(即宁德时代（300750）)新股上市，是今年以来全球最大型的新股集资活动，亦令香港今年的新股集资额累计超过600亿港元，较去年同期多逾6 倍，融资规模暂居全球首位。 点评：香港股市今年表现强劲，特别是新股市场异常活跃，展现出香港作为国际金融中心的吸引力。宁德时代等大型企业赴港上市，不仅提振了市场信心， 也预示着新能源行业的快速发展趋势。随着全球经济的逐步复苏，预计香港股市将继续吸引国际资本，巩固其金融地位。 NO.2宁德时代H股发售价为每股263港元 5月16日，宁德时代(HK03750)在港交所公告称，H股发售价已于5月15日确定为每股263港元，公司H股预计5月20日在香港联交所主板上市。宁德时代将按 发售价发行及配发1768.41万股额外发售股份，占全球发售项下初步可供认购的发售股份总数的约15.0%。 点评：宁德时代在港交所上市，是全球新能源市场的重要里程碑。作为 ...

Core Insights - The company reported a strong financial performance for Q1 2025, with a record order volume of €1.7686 billion, reflecting a growth of 7.6% compared to March 31, 2024, and 6.3% compared to December 31, 2024 [2] Group 1: New Orders - New orders for Q1 2025 amounted to €270.6 million, representing an increase of approximately 1.5% from €266.6 million in Q1 2024, driven by strong performance in the custom yacht segment [1] - Cumulative orders as of March 31, 2025, reached €1.7686 billion, up 6.3% from €1.6639 billion on December 31, 2024, and up 7.6% from €1.6434 billion on March 31, 2024, supported by larger vessel orders received in the previous quarter [1] Group 2: Net Orders - The net cumulative orders as of March 31, 2025, stood at €839.6 million, a slight decrease of about 1.3% from €900 million on December 31, 2024, but an increase of 7.6% from €828.7 million on March 31, 2024 [1] Group 3: New Yacht Revenue - New yacht net revenue for Q1 2025 was €328.5 million, an increase of approximately 5.0% from €313 million in Q1 2024, attributed to a significant backlog of orders from 2023 and 2024, with a continued rise in the share of large yachts, custom yachts, and superyachts [1]

广东省人民政府办公厅印发《广东省提振消费专项行动实施方案》提出，加快培育低空和邮轮游艇消 费。抢抓低空经济发展机遇，围绕物流配送、空中交通、观光体验、科普教育等领域，支持在具备条件 的地区开展低空消费应用场景示范。支持广州南沙国际邮轮母港建设邮轮母港消费设施及场景提升培育 试点，打通从船上到岸上的消费场景。打造国际海员服务综合体，鼓励广州、深圳结合实际对邮轮航线 开通、吸引国际旅客等进行奖励，支持邮轮船票按一定比例兑换景区门票或商场购物券等。鼓励有条件 的地市积极探索建设游艇租赁试点，打造一批具有广东特色的游艇旅游线路和体验项目。争取国家支持 实施粤港澳游艇自由行，促进粤港澳游艇互认互通。 ...

依法纳税"为准则，书写着企业发展与社会责任协同共进的佳话。 走进金运游艇的生产基地，机器的轰鸣声交织成一曲奋进的乐章。加工区内，精密机床精准作业，误差 精确至毫米级；抽真空车间里，进口设备高效运转，树脂注入与空气排出同步完成。 "订单都排到年底啦，大家伙儿都鼓足了劲儿在干！特别是游钓艇，3-6个月就能完成生产，市场供不应 求。"生产线上的工人笑着说道，言语间满是自豪。如今，金运游艇的客户版图从国内沿海拓展到国际 市场，2024年销售游艇近百条，已然成为行业瞩目的"黑马"。 谈及企业快速发展的秘诀，研发总监龙玺打开了话匣子："技术创新就是我们的核心竞争力。就 拿'JY101'休闲海钓艇来说，为了优化船型，我们花了两年时间，做了10余次船体线型优化和流体力学 模拟。现在它的航速能达到30节，每海里油耗才7升，还没投产就斩获了不少意向客户的青睐。" 在企业全力奔赴发展的道路上，国家税务总局威海市税务局威海临港经济技术开发区税务分局发挥部门 职责，为游艇企业"保驾护航"。"除了准确计算应纳税款，企业还需严格遵守税务申报期限和备案要求 等，防止影响企业当前A级的纳税信用等级，很担心之后在涉及税收优惠、资产损失等特殊事项 ...

产业经济蓬勃发展，民生幸福持续升级 三亚天涯区：改革创新展活力 众多游艇在三亚天涯区海域驰骋。海南日报全媒体记者 王程龙 摄 海南日报全媒体记者 李梦楠 琼崖潮不尽，天涯曙色新。 热火朝天的建设，激荡风云的改革，改天换地的发展……回首来路，三亚市天涯区与海南这片热土同频 共振，在时代浪潮中劈波斩浪。 风雨兼程，砥砺奋进，天涯区经济社会发展水平不断攀升新台阶：2024年全区地区生产总值升至280亿 元，入选全国县域商业"领跑县"，一座现代化城市拔地而起;营商环境加速优化，开放政策红利释放，经济发 展稳中有进;各项社会事业蓬勃发展，城市能级大幅提升……绚丽多彩的天涯蝶变，是海南发展的一处生动缩 影。 传承红色光荣传统，一代代天涯人勇立时代潮头，在改革开放的浪潮中突破常规、大胆探索。 日前，一架多旋翼无人机搭载快递从三亚肖旗港起飞，仅用10分钟便跨越海域，降落在西岛社区渔民码 头，天涯区在"低空+物流"领域的创新实践正式落地; 推进生态系统生产总值(GEP)核算，《三亚市天涯区生态系统生产总值(GEP)核算技术指南》编制完成， 系全国首部市辖区技术指南; …… 红色根脉强筋骨 发展活力劲勃发 海浪轻拍沙滩，在三亚市 ...

改写文章 导语 2025年4月26日，中国宏观经济研究院院长黄汉权在论坛上发表一番激烈言论，瞬间引发广泛关注："不要让加班挤占了消费时间，富人买游艇别墅无妨， 真正需要的是中低收入者能赚到钱！"这一言论立刻在网络上引发热议。年轻人一方面抱怨"加班让他们无暇消费"，而专家则提出"富人消费能带动经 济"。然而，这背后究竟隐藏着怎样的经济奥秘？ 一、中等收入困境：月薪过万，消费却像月薪五千？ 黄汉权为中等收入群体勾画了一幅真实的生活画面：尽管他们月收入不低，但房贷、子女教育、医疗等高额支出让他们喘不过气，尤其是"996"工作模式 成了常态。结果，尽管手头有钱，但却"有钱无暇"成为了普遍现象。 一些网友的亲身经历说明了这一现象："上周买的电影票，由于加班到深夜错过了。" "在618囤的纸巾，居然到了今年的双11还没用完。"这种消费现象显 示了中等收入群体的无奈。 黄汉权提出了三条建议： 1. 工资应随GDP增长： 以北京某IT公司为例，试行"利润10%转员工分红"政策后，员工的消费水平增长了25%； 2. 推动"定时熄灯"： 深圳某科技园的公司实行晚上7点自动断电，员工可以多出3小时的时间用于购物和聚会； 3. 提高 ...

Core Insights - The Shenzhen Qianhai Shekou Free Trade Zone has experienced rapid growth since its establishment in April 2015, with total foreign trade import and export value increasing from 71.2 billion to 537.98 billion yuan over the past decade, averaging an annual growth rate of over 25% [1] - The area has introduced 882 institutional innovation achievements, with 104 of them replicated nationwide, and has ranked first in the institutional innovation index for three consecutive years from 2022 to 2024 [2] Trade and Investment - The Qianhai Free Trade Zone has implemented measures to enhance trade liberalization and facilitation, including a "one inspection, one certification, one passage" model for customs clearance between Shenzhen and Hong Kong [3] - The zone has established the "Shenzhen Qianhai e-Station" platform to provide comprehensive overseas services for enterprises, gathering 180 service providers and offering over 60 types of services [3] - In 2024, the cross-border e-commerce import and export value in Qianhai is expected to reach 121.03 billion yuan, marking a 104% increase [7] Legal and Regulatory Framework - The Qianhai Hong Kong International Legal District has introduced policies allowing Hong Kong-funded enterprises to apply Hong Kong laws, creating a multi-level legal institution system [3] - A training program focused on cross-border legal services was launched to assist Chinese enterprises in expanding into European markets, enhancing their confidence in overseas operations [4] Integration with Hong Kong - Qianhai has strengthened integration with Hong Kong and Macau, allowing professionals from these regions to practice in Qianhai without taking local qualification exams [5][6] - The "Qianhai Construction of Deep Integration Development Leading Area Action Plan" aims to enhance the convenience of employment and life for Hong Kong residents in Qianhai by the end of the year [6] Future Outlook - The Qianhai Free Trade Zone plans to continue aligning with international trade rules and explore innovative reforms in telecommunications, healthcare, and education sectors [9] - The area aims to become a high-quality open hub, serving as a key connection point for domestic and international dual circulation [9]

MarineMax (HZO) Q2 2025 Earnings Call April 24, 2025 10:00 AM ET Company Participants Scott Solomon - Senior Vice PresidentMichael McLamb - EVP, CFO & SecretaryWilliam Brett McGill - CEO & PresidentMichael Swartz - Director & Equity ResearchJoseph Altobello - Managing DirectorEric Wold - Executive Director, Equity Research Conference Call Participants James Hardiman - Director - Leisure and Travel AnalystAnna Glaessgen - Senior Analyst, ConsumerMichael Albanese - Equity Research Analyst - Recreation & Leisu ...