Group 1: TransMedics Group - TransMedics Group reported Q1 2025 sales of over $143 million, exceeding analyst expectations by approximately 16% [2] - The company achieved adjusted earnings per share (EPS) of $0.70, more than double the expected amount [3] - TransMedics increased its full-year revenue guidance by $34 million, now forecasting $575 million, which implies a growth of 30% compared to 2024 [4] Group 2: Everus - Everus reported Q1 sales of nearly $827 million, beating forecasts by over $150 million, resulting in a sales beat of over 22% [6] - The company's non-adjusted EPS rose by 31% to $0.72, contrary to analyst expectations of a decline [6] - Everus's order backlog increased by 41% to $3.1 billion, providing a solid revenue floor for future growth [8] Group 3: Excelerate Energy - Excelerate Energy's Q1 sales reached $315 million, surpassing estimates by over 51% [11] - Revenues grew by over 57%, significantly higher than the expected growth of just 4% [11] - The company is positioned to benefit from rising global demand for LNG, with Jefferies initiating coverage with a $39 price target [11]

Core Viewpoint - The article emphasizes the importance of compliance in business operations and highlights the innovative practices of the Changsha Taxation Bureau in supporting local enterprises through personalized tax policies and risk management strategies [1][2][3]. Group 1: Tax Policy Implementation - The Changsha Taxation Bureau has developed a "one enterprise, one policy" personalized service model to support businesses based on their specific industry characteristics [2][3]. - The bureau aims to enhance the precision and timeliness of tax policy execution by shifting from "people finding policies" to "policies finding people" [2]. - The implementation of tax reduction and exemption policies has significantly benefited companies, such as Hunan Bingxi Biotechnology Co., which received tax benefits totaling over 13.7 million yuan, including 1.68 million yuan in R&D expense deductions [2]. Group 2: Risk Management and Compliance - The Changsha Taxation Bureau has established a proactive approach to risk identification by analyzing data and providing real-time alerts to businesses, helping them avoid tax compliance risks [4][5]. - The bureau has implemented a comprehensive monitoring system for construction projects, creating a database to track tax-related information and ensure compliance [5]. - Companies like Changsha Xiaodao Labor Service Co. benefited from the bureau's guidance, which helped them correct tax declaration errors and improve their risk identification capabilities [4]. Group 3: Credit Management and Support - The article discusses the significance of tax credit ratings as a measure of a company's tax compliance and its impact on business opportunities [7]. - The Changsha Taxation Bureau actively monitors tax credit ratings and provides support to companies facing challenges, as seen in the case of China Communications (Changsha) Construction Co., which successfully restored its credit rating to A-level [7]. - The bureau integrates the concept of "compliance operation and honest taxation" into its services, offering tailored support to businesses based on their credit ratings [7].

Core Viewpoint - The overall growth outlook remains stable despite trade conflicts, with the monetary policy cycle nearing its end [1] Economic Conditions - Medium-term inflation is stabilizing at target levels [1] - Financing conditions are no longer constrained [1] - Private consumption is supporting economic growth [1] Sector Performance - The manufacturing and construction sectors are experiencing a recovery [1] - Defense and infrastructure spending are offsetting the impact of tariffs [1] Labor Market - Wage growth is expected to slow further [1] Energy and Currency - Energy prices and the euro could fluctuate in either direction [1] - The global role of the euro is strong and may further strengthen [1]

英国4月建筑业产出环比 0.9%，预期 0.2%，前值 0.5%。 ...

Group 1 - The core point of the article highlights that the UK's construction output year-on-year growth rate for April is 3.3%, which exceeds the expected rate of 2.5% and significantly surpasses the previous value of 1.4% [1]

英国4月建筑业产出月率 0.9%，预期0.1%，前值0.50%。 ...

中小企业最怕什么？活干完了，钱拿不到。 6月10日，中国一汽、东风汽车、比亚迪等车企集体官宣，称将中小企业供应商支付账期压缩至60 天以内。这一动作恰逢新修订《保障中小企业款项支付条例》施行10天，堪称对政策的"积极响应"。 当汽车产业链龙头主动割除"拖欠毒瘤"，这场始于车企的清欠风暴，能否刺破中小企业的"资金困 局"？ 本刊记者 周琦 张燕 破局 对中小企业而言，款项拖欠是悬在头顶的"达摩克利斯之剑"。 最近，《中国经济周刊》针对中小企业的发展，做了次深度调研。结果显示，回款慢仍是"老大 难"问题。 比如，山西某精密轴承企业应收账款周转天数长达180天，逾期超90天账款占比23%，导致银行授 信额度被压缩40%，深陷"三角债"泥潭。 有企业主向记者倒苦水："有些客户欠款后，我们磨破嘴皮沟通，甚至不得不走法律程序，依然收 效甚微。" 这种困境本质是产业链上下游企业地位失衡——上游的中小企业垫付原材料成本，却被下游的大企 业以"流程审批""系统结算"等理由无限期拖延付款。中小企业成了大企业的"免费资金池"。 车企此次集体官宣，不止于账期从"模糊不定"压缩至60天的突破，更在于打破了"大就拖欠有理"的 潜规则。 ...

关注、加星，第一时间接收推送！ 文 | 赵伟、屠强 联系人| 屠强、耿佩璇 摘要 【下游需求】新房成交大幅下滑，集运价格有所回升。 本周，全国新房日均成交面积大幅回落，同 比-28.2pct至-27.8%；其中，一线成交降幅较大。货运流量有所走弱，与内需相关的铁路货运量同 比-2.4pct至-0.1%，与出口相关的港口货物吞吐量、集装箱吞吐量同比分别-4pct至0.8%、-10.9pct至0.1%。 此外，CCFI综合指数有较大回升，环比+3.3%。其中，美西航线运价涨幅较大，环比9.6%。 【 物 价 】 农 产 品 价 格 分 化 ， 工 业 品 价 格 回 落 。 本 周 ， 农 产 品 方 面 ， 猪 肉 、 鸡 蛋 价 格 环 比 分 别-0.3%、-0.9%，而蔬菜、水果价格环比分别1.1%、1.1%。工业品方面，南华工业品价格指数环 比-0.2%。其中，能化价格指数环比-0.4%，金属价格指数环比-0.1%。 风险提示 经济转型面临短期约束，政策落地效果不及预期，居民收入增长不及预期。 报告正文 4. 生产高频跟踪：工业生产保持平稳，基建开工弱势运行 上游生产中，高炉开工率保持韧性，表观消费有较 ...

Group 1 - The U.S. labor market is undergoing a profound structural change driven by the Trump administration's strict immigration policies, with May's non-farm payrolls dropping by 696,000, the largest monthly decline since the onset of the pandemic in 2020 [1][3] - The balance of supply and demand in the labor market is being artificially disrupted, leading to a significant reduction in labor supply, particularly affecting labor-intensive sectors such as construction, agriculture, and services [3] - Despite a historically low unemployment rate of 4.2%, only 139,000 new jobs were added in May, indicating a shrinking labor supply rather than an increase in job opportunities [3] Group 2 - The artificial labor shortage is causing multiple economic impacts, including rising wage levels that may exacerbate inflationary pressures, and a long-term reduction in the potential growth rate of the U.S. economy [3] - Morgan Stanley forecasts that average monthly job growth may remain at 170,000 in 2024 but decline to 90,000 by the end of 2025 and further to 80,000 in 2026, with the "breakeven job growth" needed to maintain stable unemployment potentially dropping to as low as 50,000 per month [3][4] - The structural changes in the labor market present unprecedented policy dilemmas for the Federal Reserve, as tight labor conditions and wage pressures necessitate a more hawkish monetary policy, while the ongoing reduction in economic growth potential requires policy flexibility [4] Group 3 - The uncertainty surrounding immigration policies complicates economic forecasts, with the Congressional Budget Office projecting net immigration numbers to fall to 2 million and 1.5 million in 2025 and 2026, respectively, significantly lower than the 3.3 million in 2023 [4] - This uncertainty not only affects the labor market but also has broader implications for consumption and investment, potentially impacting the overall economy [4] - Market participants should be cautious of the chain reactions stemming from these policy distortions, as short-term labor shortages may support a stronger dollar, while long-term growth potential reductions could lead to downward pressure on the dollar [4]

6月11日，截至港股收盘，恒生指数上涨0.84%，报24366.94点。雅高控股（03313.HK）收报0.178港元/ 股，上涨9.2%，成交量111.1万股，成交额19.67万港元，振幅13.5%。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。） 本文源自：金融界 作者：行情君 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，建筑行业市盈率（TTM）平均值为9.3倍，行业中值1.54倍。雅高控股市盈率-0.63倍， 行业排名第209位；其他饮食天王(环球)（08619.HK）为0.15倍、浦江国际（02060.HK）为1.01倍、饮 食天王(环球)（08561.HK）为1.38倍、进升集团控股（01581.HK）为1.51倍、靛蓝星（08373.HK）为 1.58倍。 资料显示，雅高控股有限公司(股票代码:3313.HK)是一家集大理石矿山开采、生产加工、产品研发、高 端订制、整体空间解决方案为一体的全产业链品牌运营商,拥有目前中国最大的灰白色大理石矿山,产品 覆盖大理石大板、标准板、工艺面、拼花、异形、卫浴、工艺品及家居订制产品等,分销网络覆盖全国 ...