不少用材涉及钢铝的体育用品也在涨价。棒球棒、网球拍和曲棍球棍等体育用品也会提价，民众或将减 少在体育运动方面的消费。追踪行业数据的美国体育与健身产业协会发现，低收入家庭在体育运动参与 方面受到的关税政策负面影响最大。 无论是啤酒、可乐、苏打水和气泡水，还是饼干和罐头食品，钢铝关税翻倍后，这些日常食品和饮料都 可能让美国消费者钱包"失血"。 代表罐头制造商和采购商的美国罐头制造商协会会长罗伯特·巴德韦告诉美联社记者，制造商近年来越 发依赖进口材料，数百万个美国家庭依赖罐头食品，他们最有可能为关税带来的物价上涨买单。 迪恩·贝克还说，许多包装食品由钢铝机器设备生产，这意味着饼干等商品也可能会涨价。可口可乐首 席执行官詹姆斯·昆西今年早些时候表示，由于公司的铝罐采购自加拿大，如果铝罐价格上涨，公司将 更重视塑料瓶饮料。 对美国房地产行业而言，钢铝建筑材料的价格上涨最终将进一步推升房价。美国全国住宅建筑商协会在 钢铝关税翻倍前估计，关税政策将使新房的平均成本增加约10900美元。协会主席巴迪·休斯坦言，钢铝 关税翻倍将进一步扰乱建筑材料供应链并加剧商业运营的不确定性，对居民的住房负担能力产生不利影 响。 美国白宫日前 ...

Group 1 - Vanke A's largest shareholder, Shenzhen Metro Group, plans to provide a loan of up to 3 billion yuan to the company for repaying bond principal and interest [1] - The loan term will not exceed 36 months, with an interest rate based on the 1-year Loan Prime Rate (LPR) minus 66 basis points, currently at 2.34% [1] Group 2 - Gongchuang Turf's stock price has increased for five consecutive trading days, with a total rise of 58.00%, significantly deviating from the Shanghai Composite Index [2] - The company generates 88.62% of its revenue from overseas, and is closely monitoring the uncertain U.S. tariff policies [2] - In 2024, the revenue from leisure grass and sports grass is projected to be 2.052 billion yuan and 594 million yuan, accounting for 69.93% and 20.25% of main business revenue, respectively [2] Group 3 - Jinling Sports announced that some venues in the Scottish Premier League used the company's football competition equipment, but the impact on the company's performance is currently minimal [3] Group 4 - Filinger's stock has seen significant increases, but the completion of the control transfer remains uncertain, pending regulatory approval [4] - The company has not disclosed any major changes in its fundamentals [4] Group 5 - Huamai Technology's business is currently focused on communication infrastructure, including optical communication products and wireless communication network construction products [5] Group 6 - Longbai Group plans to repurchase shares worth 500 million to 1 billion yuan for employee stock ownership plans, with a maximum repurchase price of 24.82 yuan per share [6] Group 7 - Stone Technology intends to issue H-shares and list on the Hong Kong Stock Exchange, pending shareholder approval and regulatory approvals [7] Group 8 - ST Tianyu and its actual controller are under investigation by the CSRC for suspected information disclosure violations, but this will not significantly impact the company's operations [8][9] Group 9 - Honghui Fruits' controlling shareholder is planning a share transfer that may lead to a change in control, resulting in a temporary suspension of trading [10] Group 10 - Cambridge Technology's major shareholders plan to reduce their holdings by up to 8.0413 million shares, representing 3.00% of the total shares [11] Group 11 - Jialin Jie announced that its controlling shareholder's associates received administrative penalties unrelated to the company, which will not affect its daily operations [12] Group 12 - GAC Group reported a May automobile sales figure of 117,698 units, a year-on-year decline of 24.80% [13] - Shennong Group sold 232,800 pigs in May, generating revenue of 413 million yuan [14] - Dabeinong sold 727,600 pigs in May, with revenue of 1.248 billion yuan [15] - Tangrenshen's pig sales increased by 47.69% year-on-year in May, with total revenue rising by 44.97% [16] Group 13 - Jiacheng International signed a two-year air transport service contract with a well-known e-commerce platform, ensuring annual revenue of no less than 500 million yuan [18] Group 14 - Zhonggu Logistics' shareholders plan to reduce their holdings by up to 3% of the company's shares [20] - CITIC Guoan intends to reduce its holdings of Hubei Broadcasting shares by up to 11.37 million shares [20]

Core Viewpoint - The major shareholder of Amer Sports, FountainVest Partners, is planning to sell half of its stake in the company, raising concerns about the sustainability of growth for the high-end outdoor brand Arc'teryx, especially after the company's stock price has reached new highs [2][6]. Company Overview - Amer Sports, known for its high-end brands like Arc'teryx, Salomon, and Wilson, has seen significant growth in the Chinese outdoor sports market, although it remains less known in China compared to other brands [3]. - The acquisition of Amer Sports in 2018 by a consortium led by Anta Sports and FountainVest Partners was a landmark case of Chinese capital globalization, with a total purchase price of €4.6 billion [4][5]. Financial Performance - Amer Sports reported a revenue of $5.183 billion in 2024, a year-on-year increase of 18%, with outdoor functional apparel, particularly Arc'teryx, contributing significantly to this growth [5][11]. - The company's market capitalization has surged from approximately €4.6 billion at the time of acquisition to over $20 billion by June 2025, reflecting nearly a fourfold increase [6]. Market Dynamics - The high-end consumer market is undergoing structural changes post-pandemic, with consumers becoming more critical of product quality and value for money, leading to increased scrutiny of premium brands like Arc'teryx [7][10]. - Complaints regarding product quality have risen, with numerous reports of durability issues, which could impact brand reputation and consumer trust [9]. Competitive Landscape - The competitive environment in the high-end outdoor apparel sector is intensifying, with brands like Lululemon and Descente ramping up marketing efforts to capture market share [12]. - Amer Sports is initiating a multi-faceted transformation, including the launch of a footwear division and targeting the female market to drive future growth [13][14].

金融工程 · 专题报告 | 《多因子系列：因子投资手册（一）》 | | --- | | 《多因子系列：因子投资手册（二）》 | | 《多因子系列：因子投资手册（三）》 | | 《多因子系列：因子投资手册（四）》 | | 《多因子系列：因子投资手册（五）》 | F券 CGS 财务基本面解析(一) 财务报表重构-资产负债表 核心观点 分析师 吴俊鹏 ☎： 010-8092-7631 网：wujunpeng@chinastock.com.cn 分析师登记编码：S0130517090001 www.chinastock.com.cn 证券研究报告 相关研究 金融工程 · 专题报告 正券|CGS 中国银河证券|CGS 目录 Catalog | 一、财务报表重构研究 … | | --- | | 二、财务报表重构框架 | | （一）财务报表格式变更 | | (二) 新金融准则和新收入准则 … | | (三) 财务报表处理. | | 三、重构报表因子 … | | （一）资产类因子 | | （二）负债类因子 ……………………………………………………………………………………………………………………………………………………………… ...

足球概念持续回调 金陵体育跌超10% 智通财经6月6日电，足球概念盘中持续走弱，金陵体育高开低走跌超10%，星辉娱乐、棕榈股份、中体 产业、双象股份、雷曼光电等跟跌。 ...

值得关注的是，作为本次赛事的专用装备，HONMA樱之舞高尔夫球杆也在京东同步开售。为女性打造 的37g轻量型杆身，搭配特有重心设计，让挥杆击球更优雅轻松。大家可以来京东APP搜索"HONMA"选 购该款球杆，不仅可以享受限时立减3000元、12期免息等优惠，还可获赠包括专属球包、POLO衫、空 顶帽、防晒袖套等在内的樱花粉装备套装。 一直以来，京东运动持续深耕高尔夫领域，今年618开门红1小时内，京东高尔夫鞋服品类成交额同比增 长翻倍。未来，京东运动也将携手HONMA等更多品牌，通过专业赛事合作和场景化直播方式，带来最 全最专业的高尔夫装备，让更多人体验到高尔夫运动的乐趣。 高尔夫集健身、休闲、社交于一体，近年来正受到更多年轻女性群体的青睐。2025 HONMA高尔夫樱 花女子巡回赛设置了多样化的赛事形式，采用18洞标准赛制，设置了趣味试打、专业指导、游戏挑战等 丰富的赛前环节，还为"一杆进洞"的选手送上价值435800元的星级套杆大奖。 作为比赛的官方合作伙伴，京东运动在现场同步开启直播，带领观众体验现场氛围并带来多款大牌低价 的专业装备。此外还在现场设置互动展位，让选手们在比赛之余通过互动打卡等方式赢取高 ...

据端午路过江苏的老G回忆，他上次看到"苏超"这样的场面，还是北京申奥成功的时候。 一场比赛动辄2万人到场，体育场被塞得像蟹粉拌面。参赛城市提前一周就彩旗纷飞，全民皆兵。 甚至市里购物广场火车站地铁站的广告牌钱都不挣了，一味声援家乡球队。 江苏"十三太保鼎立"的微妙平衡局势，被一场足球赛打得粉碎。 这个苏超，到底什么来头？ 明明输了一场球，怎么像是输了一辈子 大名鼎鼎的"苏超"，其实是"2025年江苏省城市足球联赛"的民间别称。 按级别来分，这只是个省级足球联赛。 但因为规模、观众人数和讨论度都直逼"中超"，而被所有球迷网友一致划进了含金量颇高的"超"字辈。 而是"对兄弟两肋插刀"的13个江苏地级市们，在赛程内爆发出的空前绝后的"地域黑才华"， 把全网的观众们都给折服了。 然而，这场比赛爆火的主要原因，和足球半点关系也没有。 江苏省的13个市向来以"谁都不服谁闻名"。 上到经济发展，下到美食土特产，暗流永远涌动。你给我一拳，我给你一肘，什么都要抢个你我，什么都要争个先后。 而足球赛，作为种种"暗斗"里面的"明争"，自然是成了兵家必争之地。 毕竟，竞技体育没有借口，是输是赢，比分在大屏幕上一目了然。 赢的城市春风 ...

Group 1 - The stock prices of football-related companies experienced a significant decline at the beginning of trading, with Kangliyuan (301287) dropping over 10% [1] - Jinling Sports (300651) saw a decrease of more than 7% in its stock price [1] - Other companies such as Palm Holdings (002431), Shuangxiang Co. (002395), and Zhongti Industry (600158) also faced declines in their stock prices [1]

Core Insights - Pickleball is emerging as a popular sport in China, with a growing number of enthusiasts and participants, likened to a "three-in-one" sport due to its combination of elements from badminton, tennis, and table tennis [1][2] - The sport's accessibility, low equipment costs, and ease of learning are driving its popularity among various age groups, including children and adults [2][4] - Major sports brands are increasingly investing in pickleball, with companies like Adidas and Li Ning actively expanding their product lines and hosting tournaments [4][5] Industry Trends - The global pickleball community has expanded to over 90 countries, with significant participation growth in China, particularly in Guangdong and Shanghai, where the number of courts is expected to increase significantly [2][5] - The cost of pickleball equipment is relatively low, with paddles priced between 100 to over 1000 yuan, making it more accessible compared to other racquet sports [2][4] - The pickleball equipment market is projected to grow, with global sales reaching $204 million in 2023 and expected to hit $360 million by 2030, reflecting a compound annual growth rate (CAGR) of 8.6% [7] Market Opportunities - The rise of pickleball has created business opportunities, with private coaching sessions priced similarly to tennis lessons, indicating a viable market for coaching and facilities [4][5] - China is a major production hub for pickleball equipment, with around 300 companies manufacturing related products, highlighting the potential for growth in domestic production and export [5][8] - The professionalization of pickleball in the U.S. has led to increased investment and revenue generation, with leagues like Major League Pickleball (MLP) attracting significant financial backing and partnerships [6][7]

被网友冠以"苏超"之名的2025年江苏省 城市足球联赛，在网络上掀起热烈讨论。 文 ｜ 薛宇飞 李自曼 编辑 ｜ 李晓萱 来源｜ 中新经纬（ID：jwview） 封面来源 ｜ 视觉中国 "'苏超'的爆火，可以说超出了我们的预期。"4日，紫金保险品牌宣传相关负责人对中新经纬表示。 被网友冠以"苏超"之名的2025年江苏省城市足球联赛，近日在网络上掀起热烈讨论。有网友说，"苏超是唯一不可能有默契球的联赛。"还有网友调侃，这 里没有人情世故，全是"恩怨"。 以下文章来源于中新经纬 ，作者薛宇飞 李自曼 中新经纬 . 中新经纬是由中国新闻社主办的财经新媒体，拥有中国互联网新闻信息采编发布服务资质。以手机客户端（APP）等为主要传播平台，以"权威、前瞻、 专业、亲和"为特色宗旨，传播财经资讯、解读经济政策、讲述商界故事，打造精英的财经资讯平台。 江苏省城市足球联赛的赞助商分总冠名商、官方战略合作伙伴等五个等级，江苏银行、今世缘酒业等多家江苏省企业参与其中。他们为何赞助？又如何看 待这"泼天流量"？ 本土企业赞助为主 据江苏省体育局统计，江苏省城市足球联赛目前已吸引了超过18万名球迷涌入各个主场城市现场观赛。 来源：江苏 ...