Core Viewpoint - The computing power leasing concept has experienced a significant rebound, with major companies like Dawi Technology hitting the daily limit increase in stock price, following similar movements from other firms in the sector [1] Group 1: Market Reaction - Dawi Technology saw a sharp increase in stock price, reaching the daily limit [1] - Other companies such as Hubei Broadcasting, Qingyun Technology, Hongjing Technology, Aofei Data, Xiechuang Data, and Huafu Fashion also experienced stock price increases [1] Group 2: Policy Influence - The Ministry of Industry and Information Technology recently issued the "Computing Power Interconnection Action Plan," aimed at improving the efficiency and service level of public computing resources [1] - The plan outlines six key areas and 16 specific tasks to promote high-quality development in computing power [1]

6月5日，三大指数集体高开，盘中创业板指走高，港股方面，恒生科技指数涨幅走阔。A股、港股云计 算概念双双走强。指数方面，中证沪港深云计算产业指数(931470.CSI)上涨1.29%，该指数成分股中， 微盟集团上涨超7%，深信服与阿里巴巴-W上涨超3%，中际旭创上涨近3%。 相关ETF方面，云计算ETF沪港深（517390）持续走强，截至发稿上涨1.3%，成交额为501.09万元。截 至6月5日，该ETF最新流通份额为2.88亿份，最新流通规模为3.11亿元，值得一提的是，云计算ETF沪 港深（517390）近5、10、20、60日净流额均为同标的第一。 开源证券认为，2025年云计算行业将进入全新发展阶段，市场规模预计突破1.17万亿元，同比增长 40.6%。这一增长主要受益于AI技术的飞跃发展和政策支持。随着云原生技术的成熟，云技术将从粗放 向精细转型，企业用户对云服务的需求将从IaaS向SaaS上移，推动云应用从互联网向行业生产渗透。特 别是在政务、金融、交通等关键基础设施领域，云计算将结合5G、AI、大数据等技术，帮助企业完成 数字化转型。此外，混合云和云原生安全能力的发展也将为行业带来新的增长点。 ...

北京各区中，海淀区是大学生青年就业最为集中的区之一，但同时海淀区的房价和房租对于刚就业人群来说压力也比较大。 为了缓解青年在京发展初期的住房问题，海淀区政府昨天发布《关于开展海淀区2025年青年公寓配租意向登记的公告》，推出了922套青年公寓房源，面 向在海淀区就业且在京无房的近三年毕业大学生配租。 单从交通来看，这个项目距离地铁站点直线距离就有接近2公里，并不是太方便。不过考虑到其周边的产业园区，还是一个就业人群可以接受的通勤距 离。 租金方面，青年公寓的租金将在备案租金价格的基础上，头两年按照六折收取，最小的户型每月折后房租约1840元（下图）。 另外，公寓距西侧的中关村环保园更近，直线距离2公里多。 01 先看位置，这次配租的项目为寓见西山保租房项目，地处温泉镇，北五环外，位于西北旺的西侧，地铁16号线屯佃站的往南。 比如，公寓距离永丰产业园的支线距离在3公里多，这是骑车通勤的有效距离。再远一些，距离大厂云集的后厂村直线距离5公里多，骑行通行或是公交、 打车出行也皆可。 再看一下大家关心的能租到什么房子，租金多少的问题。 寓见西山项目这次推出的房源共922套。其中一居室760套，建筑面积27.97-46 ...

昨日A股 昨日，市场全天震荡反弹，创业板指领涨。截至收盘，沪指涨0.42%，深成指涨0.87%，创业板指涨 1.11%。沪深两市全天成交额1.15万亿元，较上个交易日放量116亿元。 盘面上，市场热点集中在消费方向，个股涨多跌少，全市场超3900只个股上涨。从板块来看，大消费股 全线走强，美容护理、啤酒等方向领涨，固态电池概念股一度冲高，算力概念股展开反弹。下跌方面， 无人车辆概念股展开调整。板块方面，美容护理、啤酒概念、摘帽、电池等板块涨幅居前，机场、无人 车辆、国防电子、草甘膦等板块跌幅居前。 | 名称 | 曼新点位 | 、旅炭幅 | | --- | --- | --- | | 上证指数 | 3376.2 | +14.22(0.42%) | | 深证指数 | 10144.58 | +87.41(0.87%) | | 创业板指 | 2024.93 | +22.23(1.11%) | 隔夜外盘 纽约股市三大股指昨日涨跌不一。截至当天收盘，道琼斯工业平均指数比前一交易日下跌91.90点，收于 42427.74点，跌幅为0.22%；标准普尔500种股票指数上涨0.44点，收于5970.81点，涨幅为0.01%；纳 ...

Core Viewpoint - China Aircraft Leasing Group announced the purchase and long-term lease of nine Airbus A320NEO aircraft [1] Company Summary - The acquisition involves nine Airbus A320NEO aircraft, indicating a strategic move to enhance the company's fleet [1] Industry Summary - The purchase reflects ongoing demand for modern, fuel-efficient aircraft in the aviation leasing industry, particularly in the context of post-pandemic recovery [1]

Summary of Crown Castle (CCI) 2025 Conference Call Company Overview - **Company**: Crown Castle (CCI) - **Industry**: Digital Infrastructure, specifically focused on tower and fiber solutions - **Key Personnel**: Interim CEO Dan Schlanger, CFO Sunit Patel Core Business Model - Crown Castle operates as a digital infrastructure company primarily generating revenue from owning and leasing out **40,000 towers** across the United States [5][10] - The company’s business model involves renting space on towers to major wireless carriers for antenna installation, facilitating wireless communication [5][6] - The company also has a fiber segment, which includes small cells, but is transitioning to focus solely on the tower business [10][12] Financial Performance and Growth - The company anticipates a **4.5% revenue growth** for the tower business in 2025, driven by increasing wireless data demand, which is projected to grow **20-30% annually** [9][10] - The first tenant on a tower typically yields **2-3% returns**, while additional tenants can increase returns to **mid to high teens** [8] - Crown Castle has a fixed cost structure, allowing for high flow-through margins as revenue increases without significant additional costs [11] Strategic Focus and Divestiture - Crown Castle is divesting its fiber and small cell business to concentrate on being a **pure play US tower company**, which is expected to close in the first half of 2026 [10][13] - The divestiture is aimed at improving operational efficiency and capital allocation, allowing the company to focus on high-margin tower operations [15][19] Capital Allocation and Financial Flexibility - The company plans to utilize **75-80% of its cash generation** for dividends, with the remaining **20-25%** for share repurchases and debt reduction [11][41] - Following the divestiture, Crown Castle aims to maintain a leverage ratio of **6-6.5x**, enhancing financial flexibility while ensuring investment-grade ratings [40][43] Market Position and Competitive Landscape - Crown Castle has long-term contracts (10-15 years) with major carriers, providing significant revenue visibility [27][28] - The company does not perceive low Earth orbit satellites as a competitive threat, as they serve different market needs and have higher latency compared to tower-based services [36][38] - The competitive landscape remains stable, with Crown Castle focusing on maximizing revenue potential through superior customer service and operational efficiency [32][35] Customer Concentration and Revenue Sources - The top three wireless carriers account for approximately **80% of Crown Castle's revenue**, with EchoStar contributing around **5%** through a long-term contract [30][31] - The company expects churn rates to stabilize between **1-2%**, with ongoing demand for tower services driven by competitive pressures among wireless carriers [39] Conclusion and Future Outlook - Crown Castle is optimistic about its future, focusing on the growing demand for wireless data and the potential for cash flow and dividend growth [49] - The company is committed to delivering shareholder value through a clear strategy centered on its core tower business, aiming for attractive risk-adjusted returns [49]

近年来，随着日本旅游业的蓬勃发展，尤其是外国游客的激增，民宿成为了一种热门的住宿选择。然而，在这股热潮背后，一些不为人知的暗流正在涌 动。 这些事件背后，都有一个共同的线索：物业所有权在近期转到了中国资本手中。新房东接管后，迅速提高了租金或通过停止电梯等手段制造不便，迫使租 户搬离。而他们的真实目的，逐渐浮出水面——将公寓改造成民宿，迎合蜂拥而至的外国游客。 近期，东京和大阪等地频频传出租客因房东大幅涨租或通过其他手段被迫搬离的新闻，而这些房东往往与中国资本相关，目的则是将物业转为更高利润的 民宿运营。 租金暴涨：租客的无奈与愤怒 在东京板桥区的一栋老旧公寓里，住户们突然收到了一纸通知，告知他们的月租将从原本的7.25万日元飙升至19万日元，涨幅高达2.5倍！这栋建于40年前 的1K公寓，地理位置优越，距离车站仅3分钟步行距离，周边市场租金大约在10万日元左右。 如此离谱的涨价让租户们愤怒又困惑。一位住了30多年的老租户无奈地说："这简直是让我们自己搬走！"更离奇的是，通知发出后，公寓的电梯突然"故 障"，维修日期遥遥无期，住在高层的70多岁老人因此连日常出行都成了问题。 房租翻了快三倍，日本租客直接傻眼 类 ...

Core Viewpoint - The recent implementation of the "Notice on Further Strengthening the Supervision of Financing Leasing Companies" by the Tianjin Municipal Financial Management Bureau aims to enhance the quality development of the financing leasing industry through eight key measures focused on risk prevention and regulatory oversight [1][2]. Group 1: Regulatory Measures - The "Notice" outlines key regulatory tasks including standardizing the operations of financing leasing companies, conducting regular inspections, and addressing major risk areas and irregularities [1]. - It emphasizes the need for local financial management departments to closely monitor high-risk institutions and conduct special inspections on significant risk clues and hidden dangers [1][2]. - The document mandates that financing leasing companies must have their operational locations aligned with their registered addresses to avoid regulatory blind spots and misinformation [2]. Group 2: Debt Management - The "Notice" addresses the issue of hidden local government debt, highlighting that financing leasing companies have been used to create new hidden debt problems [2]. - It calls for a thorough investigation of financing leasing companies' involvement in local government debt risks and the orderly reduction of existing business to prevent secondary risks [2]. Group 3: Market Cleanup - The "Notice" proposes accelerating the market exit of "lost contact," "shell," and severely non-compliant institutions to enhance financial risk prevention [3]. - Local financial management departments are required to maintain and update a list of non-compliant institutions to ensure effective oversight [3]. Group 4: Industry Development - The "Notice" encourages financing leasing companies to diversify their product and service offerings, focusing on supporting large-scale equipment upgrades and the development of advanced manufacturing and green industries [4]. - It strictly prohibits outsourcing core business processes and providing channels for loan agencies to indirectly engage in financing enhancement activities [4].

21世纪经济报道记者 郭聪聪 北京报道 近日，天津市地方金融管理局发布《关于进一步加强融资租赁公司监管工作的通知》（以下简称《监管 工作通知》），作为对2023年监管过渡期政策的延续与深化，本次《监管工作通知》标志着天津融资租 赁行业正式进入"严监管、促转型"的新阶段。 《监管工作通知》共8条重点工作内容，对融资租赁公司规范整治、日常检查、非现场监管、重大事项 报告、整治重点领域风险和乱象、指导行业发挥功能优势、严格规范机构注册地与办公地不一致问题、 特定行业集中度和关联度等重点监管工作提出明确要求。 风险整治被置于首要位置。《监管工作通知》要求各区金融管理部门要准确掌握辖内融资租赁公司数量 和经营状况，建立 "失联""空壳"和严重违规经营机构名单，并实施动态跟踪。针对存量业务，要求深 入摸排辖内融资租赁公司涉地方债务风险底数，积极稳妥开展排查整改，有序压降高风险业务规模，严 禁新增地方政府隐性债务。值得注意的是，天津市地方金融管理局将紧盯风险较高机构，对重点风险线 索和重大风险隐患机构开展专项检查，实施"贴身"监管，严防"爆雷"。对虚构租赁物、不当营销、乱收 费、出租出借业务资质、违规开展通道业务等经营乱象 ...

以下文章来源于深圳微时光 ，作者黄小邪 深圳微时光 . 寻找深圳的每一寸惊喜。 来源丨 深圳微时光（ID：szdays） 作者丨黄小邪 图源丨Midjourney 在社交平台上，你甚至能刷到"CBD工位日租一杯奶茶钱"，这条标题下的第一句话是"30元/天坐拥 南山金融界落地窗"。配图诚不欺人，一间三五平方米的独立办公室里，面积虽然不大，落地窗外的 场景颇为高大上——高高低低的写字楼依次排开，玻璃幕墙在阳光下泛着粼光。 顺着类似的招租信息，我以租办公室做拍摄为理由，走访了位于福田、南山中心区位的四栋高层写字 楼，其中三栋为甲级写字楼。这些日租办公室均由二房东运营，每一家推出短租业务的原因各不一 样，不同的原因背后，都是当下经济大环境里的生动细节： 有的办公室正在寻找长期租客，二房东推出短租业务，只希望在空置期内"少亏一点"。有的办公室因 产权人负债，已进入法拍流程，二房东与产权人的租约即将到期，无法再次续约，只能在租约到期前 用作短租。也有二房东原本经营房地产相关产业，业务萎缩后转做办公空间日租生意。 这些短租办公室的单日租金，折算下来，每平方米价格大概在5元左右，一杯奶茶钱确实能租下一个 工位。写字楼如此拆零 ...