Core Viewpoint - The debate surrounding the use of robots for delivery in luxury hotels has intensified, with opinions divided on whether it undermines the brand image of high-end hospitality [1][2][10]. Group 1: Opinions on Robot Usage in Luxury Hotels - A social media user criticized the use of robots in luxury hotels, arguing that it diminishes the value of personalized service that guests expect [1][2]. - Supporters of robot usage argue that it can enhance efficiency and convenience, especially for guests who prefer minimal human interaction [4][5][10]. - Critics highlight that robots lack the ability to engage in meaningful communication and flexibility that human staff can provide, which is essential in high-end service [2][3]. Group 2: Market Trends and Growth - The global market for hotel service robots reached 1.5 billion RMB in 2023, with a compound annual growth rate (CAGR) of 20% since 2019, indicating rapid adoption in the industry [7]. - In China, the market for service robots in hotels grew from 1.5 billion RMB in 2019 to 3 billion RMB in 2023, with a projected CAGR of 26.5% until 2028 [7][8]. - Leading companies like Yunji Technology are at the forefront of this trend, having deployed robots in over 30,000 hotels globally, with significant market shares in both China and worldwide [8][9]. Group 3: Differentiated Strategies Across Hotel Segments - Economic and mid-range hotels are more likely to adopt robots extensively, as seen with Huazhu Group's implementation of robots for various services [9]. - High-end hotels exhibit a cautious approach, with only a few integrating robots into their service offerings, while luxury brands maintain a strong preference for human interaction [9][10]. - The integration of robots in luxury hotels may depend on the specific context and guest expectations, with some brands exploring limited applications in non-guest areas to enhance operational efficiency [11][12]. Group 4: Future Considerations - The aging population and rising labor costs in the hospitality industry are driving the need for automation, making robots a viable solution for operational efficiency [10]. - The Z generation, a key demographic for luxury hotels, values digital experiences and may influence the future integration of technology in hospitality [11][12]. - A balanced approach that combines human service with robotic assistance could meet the evolving expectations of guests while maintaining the essence of luxury service [13].

Core Viewpoint - Shanghai Jin Jiang International Hotel Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, aiming to become the first hotel group in China to achieve a dual listing in both A-shares and H-shares [1] Group 1: Company Overview - As of December 31, 2024, Jin Jiang Hotel operates 13,416 hotels with a total of 1.29 million rooms, covering a full range of hotel categories from economy to high-end [1] - The IPO proceeds will primarily focus on expanding and optimizing overseas operations, including new hotel openings, renovations, service quality improvements, and IT infrastructure upgrades [1] Group 2: Overseas Expansion - Jin Jiang Hotel began its overseas expansion in 2015 with the acquisition of the Louvre Hotels Group in France, followed by the inclusion of the Plateno Group and Radisson Hotel Group, expanding its footprint to Europe, Asia, Africa, and America [2] - By the end of 2024, Jin Jiang Hotel has established 1,171 hotels abroad, with 773 located in France, 128 in other European countries, and 270 in Asia (excluding China), Africa, and America [2] - The RevPAR for overseas limited-service hotels is projected to reach 112.27% of 2019 levels in 2024, reflecting a 0.35% increase from 2023 [2] Group 3: Domestic Market Strategy - Jin Jiang Hotel anticipates revenue of 14.3 billion to 15 billion yuan in 2025, representing a year-on-year growth of 2% to 7%, with a 5% to 10% increase expected in mainland China [2] - The company plans to open 1,300 new hotels and sign contracts for 2,000 hotels in 2025, implementing a differentiated expansion strategy based on the "12+3+1" framework [2] Group 4: Infrastructure and Market Growth - Jin Jiang Hotel is actively improving infrastructure to boost hotel business growth in Europe, the Middle East, and Africa through new hotel openings and renovations [3] - The company is targeting high-growth markets in the Asia-Pacific region, including India, Indonesia, Malaysia, and Thailand, with plans for rapid expansion through both organic growth and strategic acquisitions [3] - The partnership with Malaysian hotel management group RIYAZ marks a significant step in Jin Jiang's Southeast Asia strategy, with plans to introduce multiple brands into the region [3]

出 品 | 异观财经 作 者 | 炫夜白雪 今年以来，港股市场表现良好，在港股牛市的浪潮之下，A股各行业龙头企业开始加速赴港IPO。 据港交所近日披露，上海锦江国际酒店股份有限公司(600754.SH)向港交所主板递交上市申请，东方证券国际为独家保荐人。若成功，锦江酒店将成为国内 首家"A+H"双上市的酒店集团。 锦江酒店赴港IPO，意欲何为？ 近几年，酒店行业的发展可谓冰火两重天。从数据来看，行业整体呈现出规模持续扩张，但盈利能力却在下滑的态势。 有报告数据显示，截至2024年底，我国住宿业设施总数约为57万家，客房总规模约1927万间，其中，酒店业设施增长9%至34.87万家（连锁酒店约9.33万 家），客房总数增长7%至1764万间（连锁客房数约707万间），连续三年实现增长。 酒店数量不断增长的同时，需求端却并未同步跟上。2024年国内出游人次56.15亿，同比增长14.8%，而2019年同期为60.06亿人次，2024年仅恢复至2019年 同期的93.49%。商务出行需求也因企业成本控制而减少，进一步压缩了酒店尤其是高端酒店的市场需求。 供大于求的局面直接导致酒店房价下滑，行业三大核心经营指标全面下 ...

以下文章来源于金十数据 ，作者金十数据 金十数据 . 金十数据官方服务号。汇聚金融投资行业的各类数据和资讯，数据资讯快、准、全。 来源 | 金十财经 北京时间周四晚8点30分，美国劳工统计局将公布6月非农就业报告， 经济学家预计6月份非农就 业人数将增加11万，较上个月的13.9万有所放缓，失业率将从4.2%小幅升至4.3%，同比时薪增速 将维持在3.9%不变，环比增速将从5月的0.4%放缓至0.3%。 摩根士丹利首席美国经济学家Michael Gapen在给客户的一份报告中写道，"我们认为劳动力需求 正在放缓，但到目前为止， 放缓的幅度是温和的。 " 若非农数据符合预期，这将使美联储保持在9月降息的轨道上，这也符合投资者目前通过期货市 场的预期。然而， 任何更快恶化的迹象，都将增加市场对美联储在即将到来的7月29-30日政策会 议上提前行动的押注。 牛津经济研究院的首席美国经济学家Nancy Vanden Houten在一份报告中说，"6月份疲软的就业 市场是未来趋势的一个信号，我们预计，由于关税和高度的政策不确定性，今年剩余时间的就业 增长趋势将会减弱。" 另一方面， 特朗普政府停止移民和加强驱逐出境的努 ...

周四（7月3日）欧市盘中，白银期货震荡偏强，最新沪银主力报8960元/千克，涨幅2.02%，最高上探至 8964元/千克，最低触及8781元/千克。 特朗普政府近期撤销了数十万移民的临时合法身份，这一政策直接导致劳动力资源萎缩。一些经济学家 认为，这可能限制失业率上升的空间。他们估计，美国经济每月仅需新增不到10万个就业岗位，就能维 持失业率的稳定。然而，移民政策的不确定性已经对特定行业造成了显著影响。例如，休闲和酒店业因 部分移民因担心驱逐而减少外出活动，新增就业岗位可能受到抑制。建筑业和制造业也因类似担忧和关 税压力面临就业增长放缓的挑战。 【技术面分析】 从当前走势来看，本周期沪银整体仍保持多头趋势。下方存在有力支撑，分别位于8700点和8600点。接 下来，市场目光将聚焦于本周的数据情况。这些数据将对沪银走势产生重要影响。 【要闻速递】 根据路透社对经济学家的调查，6月失业率预计将从4.2%升至4.3%，达到2021年10月以来的最高水平。 尽管裁员率整体仍保持较低水平，但近期裁员人数有所增加，而招聘活动的放缓使得失业者重新就业的 机会减少。这不仅推高了失业率预期，也让经济学家们开始预测失业率可能在2 ...

Group 1 - The U.S. job growth is expected to slow down, with a forecast of an increase of 106,000 jobs in June, the lowest in four months, and an unemployment rate projected to rise to 4.3% [1] - The increase in unemployment claims and a significant rise in layoff notices indicate a weakening job market, with the number of continuing unemployment claims reaching 1.974 million, the highest since November 2021 [3] - The labor force participation rate has decreased to 62.4%, suggesting that the unemployment rate may remain stable if this trend continues [4] Group 2 - Various industries, including leisure and hospitality, healthcare, construction, manufacturing, and trade and transportation, are expected to show significant changes in employment numbers, with a consensus on a slowdown in hiring [5] - The leisure and hospitality sector had a strong performance in May, but economists predict a potential reversal in June due to reduced consumer spending on travel and related services [5] - There is a risk of downward revisions in hiring data for April and May, particularly in small businesses, which may affect the overall employment numbers reported for June [5]

证券代码：600754/900934 证券简称：锦江酒店/锦江B股 公告编号：2025-037 上海锦江国际酒店股份有限公司 关于使用暂时闲置募集资金进行现金管理的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 现金管理受托方：中国建设银行股份有限公司上海浦东分行、上海浦东发展银行股份有限公司闸北支 行（以下简称"建设银行浦东分行"、"浦发银行闸北支行"） ● 履行的审议程序：上海锦江国际酒店股份有限公司（以下简称"锦江酒店"、"公司"或"本公司"）于 2025年6月30日召开公司第十一届董事会第二次会议，审议通过了《关于使用部分闲置募集资金进行现 金管理的议案》，同意公司自董事会审议通过之日起12个月内使用不超过190,000.00万元暂时闲置募集 资金进行现金管理，在前述额度和期限内，资金可循环滚动使用，单个产品的持有期限不超过12个月。 具体内容详见公司于2025年7月1日在上海证券交易所网站(www.sse.com.cn)披露的《上海锦江国际酒店 股份有限公司关于使用部分闲置募集资金进行现 ...

Group 1 - The JOLTS report indicates that the U.S. labor market remains stable despite economic uncertainties, with job openings unexpectedly rising to 7.769 million in May, surpassing expectations of 7.3 million and the previous month's figure of 7.391 million [1][3] - Job openings have shown volatility, with significant fluctuations of up to 500,000 per month, but have generally stabilized between 7 million and 8 million over the past year [3] - The increase in job openings in May was primarily driven by the leisure and hospitality sector, which accounted for three-quarters of the total openings, while other sectors showed mixed results [3] Group 2 - The number of layoffs decreased to 188,000 in May, with a layoff rate of 1%, indicating a relatively stable labor market [5] - Hiring numbers slightly declined from a peak of 5.615 million to 5.503 million, with the largest decreases observed in healthcare and manufacturing sectors [5] - The number of voluntary resignations increased from 3.215 million to 3.293 million, suggesting a tighter labor market as workers feel confident to seek better opportunities [5] Group 3 - The ratio of job openings to unemployed individuals rose to 1.1, aligning with pre-pandemic levels, marking the first increase in this metric in several months [3] - Economists are closely monitoring the upcoming June non-farm payroll report for signs of labor market slowdown, with expectations of slower job growth and a rising unemployment rate [7] - The JOLTS report is considered a key labor market indicator by policymakers, although some economists question its reliability due to a low response rate in the survey [7]

（文/朱道义 编辑/张广凯） 国内酒店龙头的赴港IPO之旅，再度迎来了新进展。 6月29日，上海锦江国际酒店股份有限公司（简称：锦江酒店，股票代码：600754.SH）向港交所递交 上市申请书，东方证券国际担任独家保荐人。 6月24日晚，锦江酒店公告透露，公司收到上海市国资委出具的《市国资委关于上海锦江国际酒店股份 有限公司发行H股股票有关事宜的批复》（沪国资委产权〔2025〕135 号）。根据批复，上海市国资委 原则同意锦江酒店本次发行的方案，本次发行的H股股数不超过发行后公司总股本的15%（超额配售权 行使前），并根据市场情况授予不超过前述H股发行股数15%的超额配售权。 此前于6月4日，锦江酒店表示，为深入推进公司的全球化战略，加强与境外资本市场对接，拟于境外发 行股份（H股）并在香港联交所上市。 本文系观察者网独家稿件，未经授权，不得转载。 针对赴港IPO将为公司在资金、国际化战略以及资产管理方面带来的变化，锦江酒店董事长张晓强在6 月23日的业绩说明会上表示，"当前正处于香港资本市场恒生指数回升，流动性和估值恢复市场水平的 有利窗口。公司把握政策与市场机遇，推进国际资本市场布局，将有利于支持国际化战 ...

Group 1 - The article describes the pleasant summer atmosphere in Shenyang, highlighting the enjoyment of outdoor barbecues and social gatherings [2][6][39] - Shenyang is characterized by its vibrant street life, with many food stalls and night markets contributing to a lively urban environment [19][39] - The cultural diversity in the Xita area is noted, with a mix of Korean and Chinese influences reflected in the local cuisine and community [24][31] Group 2 - The article mentions the ongoing renovations in Changchun, particularly on Xinmin Street, which is a significant historical area [48][50] - Changchun is depicted as a city with a unique blend of modern and traditional elements, with references to its first light rail line and the integration of university life into the urban fabric [75][64] - The article reflects on the nostalgic atmosphere of Changchun, with mentions of long-standing cafes and the city's evolution over the years [85][90]