作为沿海大省、工业大省，河北省有着发展外贸物流的先天优势，正打造中国北方现代商贸物流发展新高地。安永是国家重大发展战略的坚定支持者和积 极参与者，高度重视在冀业务发展。 未来，安永将依托全球网络资源、专业化服务优势及行业实践经验，深度服务河北企业'走出去'需求，推动国内外优质项目、技术、资本、人才等要素向 河北省聚集，不断提升河北省国际合作能力和水平，助力国家高水平对外开放走深走实，为全球贸易发展提供驱动力。 会议期间，河北省商务厅为安永颁授"河北省投资促进全球合作伙伴"牌匾。 6月16日下午，由河北省商务厅主办的"全球投资促进合作伙伴国际化项目对接会"在廊坊临空国际会展中心举行。作为2025年廊坊经洽会的核心活动之 一，对接会以"汇聚全球资源 共享发展机遇"为主题，聚焦国际资本、技术与人才资源对接，旨在为全球投资者提供广阔市场和发展机遇。 安永[1]华北区主管合伙人张明益代表安永受邀出席此次大会。张明益表示： 展望未来，安永将继续发挥自身全球资源平台优势和专业服务能力，利用深耕中国市场多年的行业经验，为国内外投资者搭建高效沟通的桥梁，助力中外 企业紧密携手，共同探寻更多合作良机，推动企业在高质量发展道路上行 ...

Core Insights - The report by Ernst & Young highlights a strong performance in the IPO activities in Mainland China and Hong Kong amidst a global decline in IPO activities, with a significant increase in their market share [1] - The A-share IPO market shows steady progress with a notable emphasis on technology, while the Hong Kong IPO market has seen a significant recovery [1][9] A-share Market Summary - In the first half of 2025, approximately 50 companies went public in the A-share market, raising over 37.1 billion RMB, marking a 14% increase in both the number of IPOs and the total funds raised year-on-year [6] - The industrial, technology, and materials sectors led in both the number and amount of IPOs, with over 30% of the new listings related to the automotive industry, indicating its critical role in the capital market [6] - The report indicates a shift towards a "new normal" in A-share IPOs, focusing on high-quality technology companies that meet listing criteria, influenced by macroeconomic conditions and market liquidity [7] Hong Kong Market Summary - The Hong Kong IPO market is experiencing a robust recovery, with an estimated 40 companies going public in the first half of 2025, raising approximately 108.7 billion HKD, reflecting a 33% increase in the number of IPOs and a 711% increase in funds raised year-on-year [9] - The introduction of the "Tech Company Special Line" facilitates the listing process for technology and biotech firms, enhancing financing efficiency and reducing compliance costs [2][5] - The "new consumption + hard technology" sectors are emerging as key drivers in the Hong Kong IPO market, with biotechnology and health, as well as retail and consumption, leading in IPO numbers [10] North Exchange Market Summary - The North Exchange has seen a significant increase in average IPO fundraising, indicating its growing appeal to high-quality innovative small and medium enterprises [7][8] - The North Exchange is transitioning from a platform for small and micro enterprises to a hub for hard technology companies, with expectations of expanding into emerging industries like artificial intelligence and cultural creativity [8]

Core Viewpoint - The article provides a detailed guide on how tax service agencies can operate within the new electronic tax bureau to handle tax declarations for their clients, emphasizing both single and batch processing methods. Group 1: Login and Access - To access the new electronic tax bureau, tax service agencies must select "Agency Business" and enter their unified social credit code, service personnel's personal account, and password to log in [1]. - After logging in, agencies can choose to handle tax matters either on a single account basis or through batch declarations [3]. Group 2: Single and Batch Processing - For single account processing, agencies can click "Single Account Processing" and then select "Enter" next to the entrusted enterprise to access the tax desk for that enterprise [4]. - For batch processing, agencies can click "Batch Declaration," navigate to the "Tax Service Agency Batch Declaration" interface, and select the required entries for zero declaration before completing the submission [4]. Group 3: Declaration and Payment - After completing the declarations, agencies can navigate to "Batch Payment" in the left menu, select the payment status as "Unpaid," and proceed to batch pay the selected records [7]. - For non-zero declaration forms, agencies can fill out individual reports by clicking on the corresponding entries in the current declaration list [6]. Group 4: Certificate Issuance - Agencies can click on "Batch Certificate Issuance" in the left navigation bar, enter the relevant query conditions, and then click "Query" to display the list of tax payment certificates that meet the criteria [10].

Core Viewpoint - The Shenzhen Stock Exchange has issued disciplinary actions against Huimang Microelectronics (Shenzhen) Co., Ltd. and related parties for various violations during the IPO process, leading to the termination of their application for listing on the Growth Enterprise Market [1][8]. Group 1: Violations by Huimang Microelectronics - The company failed to adequately disclose irregularities in its internal controls over distribution revenue, with reported distribution revenue constituting 91.37%, 94.58%, 95.85%, and 96.78% of total revenue during the reporting periods [6][7]. - There were discrepancies between the actual execution of credit policies for distributors and what was disclosed, including defects in original documents related to revenue recognition [2][6]. - The company did not ensure the accuracy of the disclosed production cycle, which was stated to be approximately 6 months, while some products exceeded this timeframe, affecting inventory valuation assessments [4][7]. Group 2: Disciplinary Actions - The Shenzhen Stock Exchange decided to issue a written warning to CITIC Securities Co., Ltd. for its role as the sponsor, and to publicly criticize the responsible representatives Chen Yuda and Wang Bin [5][6]. - The accounting firm, Dahua Certified Public Accountants, received a written warning, and the signing accountants He Jingjing and Jing Yibo were also publicly criticized for their inadequate oversight [5][6]. - The actual controller and CEO of Huimang Microelectronics, Xu Rubai, along with the CFO, Li Yonggang, were also publicly criticized for failing to ensure the accuracy and completeness of the IPO application documents [7][8].

Core Viewpoint - The emergence of a paid internship industry in China has raised concerns about the integrity of the job market, particularly for recent graduates and high-net-worth individuals seeking opportunities for their children [1][3][9]. Group 1: Paid Internship Industry - The "2025 Elite Internship Program" launched by Industrial Bank offers internship opportunities at major companies like Google and ByteDance for clients' children with deposits over 10 million yuan [1]. - The paid internship market has become a "hidden rule" in various sectors, especially in finance and technology, where students often pay for internship opportunities [3][8]. - Reports indicate that top brokerage firms have charged around 150,000 yuan for research internship positions as early as 2020 [4]. Group 2: Market Dynamics - As the number of graduates increases, the job market has become saturated, making it harder for graduates to secure desirable positions without resorting to paid internships [8]. - A third-party intermediary often facilitates these paid internships, creating a gray market where services range from resume polishing to interview coaching [9][11]. - The pricing for internships varies significantly, with "walking HR" internships costing between 16,000 to 25,000 yuan, while "not walking HR" internships are around 14,000 yuan [12]. Group 3: Risks and Consequences - Many students have reported negative experiences, including being placed in non-functional roles or receiving fake internship certificates [16][20]. - The lack of regulation in the paid internship market has led to numerous scams, where students pay for opportunities that do not exist or are misrepresented [21]. - The practice of paid internships disrupts the normal order of internships, exacerbating competition and increasing anxiety among job seekers [23][25]. Group 4: Future Outlook - The paid internship industry is unlikely to disappear soon, and its persistence raises questions about the future of job market integrity and the potential need for regulatory intervention [25]. - Graduates are encouraged to focus on building their skills and unique qualifications rather than relying on paid opportunities to enhance their resumes [27].

6月3日至6日，毕马威中国在上海举办出海系列活动，来自东南亚、中东和拉美等新兴市场，和欧美澳 加等传统发达市场的约40位毕马威海外成员所的合伙人及行业专家齐聚上海，就如何制定更为灵活、有 效的中长期战略，和中国企业代表交流。 各国经济发展愿景与现状、市场上的主要项目机会、中企投资路径、当地税法更新、税收优惠和筹划机 会等话题成为与会嘉宾讨论的重点。 毕马威亚太区及中国主席陶匡淳表示，当前"出海"是中国企业及上下游产业链实力发展的延伸，越来越 多企业开始借助自身深厚积累与战略布局，探索全球市场机遇。东南亚、中东和拉美等新兴市场是很多 中国企业出海布局的重点，但欧美澳加等传统发达市场仍具有相对优势和产业布局的潜能。 毕马威中国客户及业务发展主管合伙人江立勤表示，中国企业在海外市场要取得成功，有两点不容忽 视。一是品牌，二是合规。 "品牌认知度在发达国家市场尤其重要，企业可以与当地知名品牌合作，同时也需要在海外市场宣传方 面做充分投入。合规也是一个关键因素，若有不合规的情况发生，轻则罚款，重则被列入黑名单失去当 地客户和市场，导致投资失败。"江立勤总结。 毕马威沙特税务总监Mohamed Gouda介绍道，沙特位于 ...

Group 1: Global Economic Outlook - OECD has downgraded the global economic growth forecast for 2025 from 3.3% to 2.9%, with the US growth expectation slashed from 2.8% to 1.6% [1] - The economic outlook is pessimistic due to rising trade barriers and a decline in consumer spending in the US, impacting global growth [1] - Major economies like China, Europe, and Japan are also experiencing varying degrees of economic slowdown this year [1] Group 2: US Economic Policy Changes - The US government is shifting its focus away from non-US countries, canceling preferential tariffs and imposing new tariffs to boost domestic revenue [2] - This shift aims to stimulate domestic economic activity and enhance internal circulation capabilities [2] Group 3: Shenzhen AI Terminal Funding - Shenzhen's government has launched a funding program for the smart terminal industry, with a maximum grant of 20 million yuan available for various AI-related projects [3] - The funding focuses on the development and promotion of innovative consumer electronics, including smartphones and AI devices [3][4] Group 4: Japanese Demographic Trends - Japan's birth rate is projected to fall below 700,000 in 2024, marking a 5.7% decrease from the previous year, with a total fertility rate dropping to a historic low of 1.15 [9] - Despite increased marriage rates, the overall trend of declining birth rates continues, exacerbated by high living costs and a demanding work culture [9] Group 5: US Treasury Bond Buyback - The US Treasury conducted a record $10 billion buyback of government bonds, the largest single operation in history [7] - This move aims to stabilize the bond market and restore confidence amid rising concerns over the US deficit [8] Group 6: Honey Snow Group Stock Performance - Honey Snow Group's stock has reached new highs due to expected benefits from delivery platform subsidies, prompting an upward revision of profit forecasts by Goldman Sachs [11] - The competitive landscape in the instant tea beverage market is intensifying, with potential for further price wars driven by delivery subsidies [12] Group 7: Accounting Firms and Regulatory Changes - Three accounting firms have voluntarily ceased their securities service operations, reflecting stricter regulatory requirements and past penalties for misconduct [13][14] - The new regulations aim to enhance transparency and accountability within the accounting industry, particularly regarding the auditing of public companies [15] Group 8: Market Trends - The stock market showed signs of recovery with significant trading volume, particularly in consumer sectors, indicating a potential shift towards domestic consumption [16] - The market is at a critical juncture, with the Shanghai Composite Index struggling to break through the 3400-point psychological barrier [17]

Group 1: Automotive Industry - The Ministry of Industry and Information Technology supports the initiative from the China Automobile Industry Association to maintain fair competition and promote healthy development in the automotive industry, emphasizing the need to address "involution" competition [1] - The Ministry plans to enhance regulatory measures to optimize industry structure, strengthen product consistency checks, and collaborate with relevant departments to enforce anti-unfair competition laws [1] Group 2: Manufacturing Sector - The manufacturing Purchasing Managers' Index (PMI) for May is reported at 49.5%, an increase of 0.5 percentage points from the previous month, indicating an improvement in manufacturing sentiment [2] - Large enterprises have a PMI of 50.7%, up 1.5 percentage points, while medium-sized enterprises have a PMI of 47.5%, down 1.3 percentage points, and small enterprises have a PMI of 49.3%, up 0.6 percentage points [2] Group 3: Real Estate and Land Development - Guangzhou has listed 9 land parcels for sale, covering an area of 186,100 square meters with a total starting price of approximately 8.283 billion yuan [4] Group 4: Electric Vehicle Infrastructure - BYD announced a collaboration with Xiaojuchongdian and Xin Electric to build 15,000 megawatt fast-charging stations [5] Group 5: International Trade and Economic Policy - California Governor Gavin Newsom criticized the federal government's tariff policies, stating they disproportionately impact small and medium-sized enterprises in the U.S. [7] - The U.S. Commerce Department reported a significant reduction in the trade deficit for April, dropping to $87.6 billion from a record high of $162.3 billion in March, indicating a decrease of 46% [7]

Core Viewpoint - The article discusses the recent announcement by the Ministry of Finance regarding the cancellation of securities service business registrations for several accounting firms, notably Ruihua and Asia-Pacific, due to their involvement in financial fraud cases and lack of diligence in their duties [1][2]. Group 1: Cancellation of Registrations - On May 30, the Ministry of Finance published a list of accounting firms that have voluntarily applied for the cancellation of their securities service business registrations, including Ruihua and Asia-Pacific [1][2]. - The cancellation is a result of the firms' involvement in significant violations and financial fraud cases, leading to their decline in reputation and business [2][3]. Group 2: Background of the Firms - Ruihua was once ranked sixth in the industry and second among domestic firms, but it now has only two registered accountants and has been restricted from consumption due to a lack of executable assets [3]. - Asia-Pacific faced severe penalties last year, resulting in a 12-month suspension from business operations, marking the longest suspension for an accounting firm in recent years [3]. Group 3: Regulatory Changes - The cancellation of registrations is the first action taken under the newly revised "Management Measures for the Registration of Accounting Firms Engaged in Securities Services," which was updated in April [4][5]. - The revised measures include a new section on "registration verification, announcement, and cancellation," specifying seven scenarios under which a firm's registration may be canceled [5]. Group 4: Future Implications - The cancellation of a firm's registration does not permanently exclude it from the securities service sector, as firms can reapply for registration in the future under the initial registration rules [6].

财政部公告，瑞华会计师事务所(特殊普通合伙)、唐山市新正会计师事务所(普通合伙)和亚太(集团)会计 师事务所(特殊普通合伙)均于2025年5月30日自行申请注销从事证券服务业务备案。 ...