首尔Eugene Asset Management首席投资官SeokKeun Ha表示，"这让人想起2020年和2021年散户投资者对元 宇宙相关股票的疯狂买入。这本质上是对政府政策的押注，"更多是受到情绪的影响，而非任何实际的基本 面因素驱动。 稳定币热潮推动相关股票大涨 智通财经APP获悉，全球稳定币热潮推动相关新兴技术公司的股票大幅上涨，一些投资者对这场狂欢逐渐感 到担忧。"稳定币第一股"Circle(CRCL.US)的股价自三周前在纽约上市以来已飙升约500%，但其空头仓位也 在持续攀升。在韩国，全球和本地基金纷纷抛售Kakaopay Corp.的股票，因为该股在过去一个月内上涨了两 倍。 此类谨慎的交易与狂热的散户交易形成鲜明对比。尽管监管机构和金融业对稳定币持谨慎态度，但美国总 统唐纳德·特朗普的大力支持推动了稳定币的繁荣。 然而，尽管得到了特朗普和李在明等领导人的大力支持，风险依然存在。韩国央行警告称，稳定币的采用 可能会阻碍有效的货币政策。国际清算银行表示，稳定币的未来"不明朗"。 许多人仍认为该技术在稳定加密货币领域的交易以及存储价值方面具有潜力，但相关股票的高估值也引发 了质疑。上周五，K ...

Financial Performance - For the six months ending April 30, 2025, the group's revenue increased by 35.43% to approximately SGD 117.63 million from about SGD 86.86 million in the previous period[9]. - The group's gross profit rose to approximately SGD 6.99 million, a significant increase of about 117.24% compared to approximately SGD 3.22 million in the previous period, resulting in a gross margin of 5.94%[9]. - The group recorded a net profit after tax of approximately SGD 31.34 million during the interim period[14]. - Revenue for the six months ended April 30, 2025, was SGD 117,632,000, representing a 35.4% increase from SGD 86,859,000 in the same period of 2024[40]. - Gross profit for the same period was SGD 6,986,000, up from SGD 3,216,000, indicating a significant improvement in profitability[40]. - Net profit for the period was SGD 31,342,000, compared to SGD 644,000 in the previous year, reflecting a substantial growth[40]. - Basic and diluted earnings per share for the company owners were both SGD 1.96, a significant increase from SGD 0.04[40]. Project and Order Backlog - The total value of new projects awarded to the group in the fiscal year 2025 reached SGD 481.81 million, with a strong order backlog valued at SGD 1,071 million as of April 30, 2025[5]. - The group completed three major projects during the interim period, including the Pilot Mechanical Biological Treatment Plant, which received its Temporary Occupation Permit on January 27, 2025[6]. - The group is expected to successfully complete three major projects by the end of the fourth quarter of 2025, including the Loyang North Substation and the 27IBP commercial office building[7]. - The group anticipates significant growth opportunities in the pharmaceutical construction sector, bolstered by the successful delivery of major projects such as XDC and STA, enhancing its credentials in this high-value area[27]. - The group expects to benefit from strong demand driven by several large-scale development projects, including the expansion of Changi Airport Terminal 5 and Marina Bay Sands[25]. Financial Position and Ratios - The current ratio as of April 30, 2025, was 1.63, compared to 1.66 on October 31, 2024, indicating stable liquidity[17]. - As of April 30, 2025, the group's debt-to-equity ratio was 12.32% and 20.91% on October 31, 2024, primarily due to gradual loan repayments for the redevelopment project at 7 Kung Chong Road, Singapore[18]. - Total assets as of April 30, 2025, amounted to SGD 220,335,000, compared to SGD 158,402,000 in the previous year, showing a growth of 39.1%[42]. - Total liabilities increased to SGD 100,021,000 from SGD 82,589,000, representing a 21.1% rise[43]. - The company's equity attributable to owners was SGD 107,203,000, up from SGD 75,813,000, indicating a 41.2% increase[43]. Cash Flow and Expenses - The total employee cost during the interim period was approximately SGD 14.1 million, compared to SGD 15.1 million in the previous period[24]. - Administrative expenses increased by approximately SGD 869,000, primarily due to depreciation of acquired assets[12]. - The company reported a significant other income of SGD 27,351,000, compared to no income in the previous year, indicating successful new strategies[40]. - For the six months ended April 30, 2025, the net cash generated from operating activities was SGD 9,651,000, compared to a net cash used of SGD 1,027,000 in the same period last year[46]. - The net cash used in investing activities amounted to SGD 3,879,000, compared to SGD 3,120,000 in the previous year, indicating increased investment outflows[47]. - Financing activities resulted in a net cash outflow of SGD 667,000, consistent with the previous year, highlighting stable financing operations[47]. Market and Industry Conditions - The total nominal value of construction demand in Singapore for 2025 is projected to be between SGD 47 billion and SGD 53 billion, with real demand expected to grow by 0.3% to 11.7% compared to pre-pandemic levels[25]. - The group faces pressure on profit margins due to rising material costs, increased labor expenses, and intensified industry competition[29]. - The group adopted a more cautious approach in bidding and pricing strategies due to current market challenges and intense price competition[5]. Corporate Governance and Compliance - The company is committed to good corporate governance to fulfill its responsibilities to shareholders and enhance shareholder value[33]. - The chairman and CEO roles are currently held by the same individual, which the board believes is beneficial for the group's overall interests[34]. - The audit committee consists of three independent non-executive directors, ensuring effective oversight of financial reporting[35]. - The interim financial information has been reviewed by the company's auditor in accordance with international standards[36]. - The company has not purchased, sold, or redeemed any of its listed securities during the interim period[37]. Employee and Operational Insights - As of April 30, 2025, the group had 788 employees, including foreign workers, with performance-based bonuses available for local employees[24]. - The company has utilized the purchased land as collateral to secure bank loans for its projects[20]. - The company has completed all vehicle lease agreements within the year, focusing on short-term leases for office properties[90]. Financial Instruments and Investments - The fair value of marketable securities investments is determined based on active market prices, reflecting the company's investment strategy[84]. - The fair value of quoted equity investments is SGD 956,000 as of April 30, 2025, slightly down from SGD 975,000 as of October 31, 2024, reflecting a decrease of 1.9%[107]. - The company has not disclosed any significant related party transactions beyond what is mentioned in the financial statements[102].

Group 1: Strategic Shift in Capital - A significant capital shift is occurring in the Chinese stock market, with state-backed funds withdrawing from bank stocks and reallocating to the long-term undervalued ChiNext and Sci-Tech Innovation Board [1][2] - The recent drop in bank stocks indicates profit-taking by state funds, while the ChiNext and Sci-Tech boards are experiencing a surge in investment interest due to their low valuations [2][6] Group 2: Policy Support for Hard Technology - The reactivation of the fifth set of listing standards for the Sci-Tech Innovation Board has opened doors for unprofitable tech companies, exemplified by Wuhan Heyuan Biological, which plans to raise 2.4 billion yuan despite not being profitable for 16 years [1][6] - The National Manufacturing Fund, with 147.2 billion yuan available, is set to support new materials and information technology sectors, providing long-term funding for hard tech companies [1][6] Group 3: Market Dynamics and Investment Trends - Main funds have begun aggressively purchasing hard technology stocks, with significant net inflows into companies like Cambrian and SMIC, indicating a strong market interest [2][6] - The ChiNext index has seen a substantial rebound, with a 63.9% increase since September 2024, outperforming other major indices, driven by expectations of a profit recovery in the second half of 2024 [6][10] Group 4: Regional Economic Competition - The distribution of 588 listed companies on the Sci-Tech Innovation Board highlights intense regional competition, with Jiangsu leading with 114 companies, followed by Shanghai and Guangdong [3][6] - Emerging cities like Wuhan and Xi'an are showing strong growth, with 11 and 12 listed companies respectively, indicating a shift in economic power dynamics [3][6] Group 5: Sector-Specific Insights - The semiconductor and AI chip sectors are the primary focus for capital, with companies like SMIC and Cambrian leading in investment interest [7][8] - The pharmaceutical sector is also gaining traction, with significant stock price increases for companies like Changshan Pharmaceutical, driven by advancements in innovative drugs [6][10]

不过，这"支持"的代价，最后会不会都摊到我们这些普通投资者头上？让我们去接盘那些还在亏损路上狂奔的公司？这"支持"的到底是科技的未来，还是某 些急着套现离场的大股东？在我看来，把害群之马打掉，让A股走得更平稳才是关键。 一、证监会突然放出利好消息，这次证监会终于开始查造假了，对配合造假的也毫不手软。要求那些未盈利的企业，必须用最直白、最详细、最及时的方 式，披露研发进展、烧钱速度、核心风险和竞争格局。 别再用那些云山雾罩的专业术语糊弄人了，得让咱普通散户也能看个大概明白。最近出台的"上市前老股锁定36个月"的新规，算是朝着这个方向迈了一步， 但散户更关心的是执行力度，以及后续会不会有更细化的约束。信息披露的镜子必须更亮！ 二、A股最低3421点，三大指数分化，盘中都有"跳水"的表现，今天周一的A股涨跌直接定调！ 指数直接触及5日均线，这说明市场已经出现板块轮动，可能会进一步延续。另外，A股3500点下方的抛压依旧很强，既有前面"五座大山"的压力，又有短 线获利了结的压力。 虽然短线利好消息不断，但利空消息也不少，板块分化还会延续。先看看5日均线能不能挺住，如果不行，再看看3400点整数关口有没有支撑。我长线继 ...

《报告》主要研究中国人才管理培训产业发展情况，涉及人才管理培训企业数量、企业结构、市场规模、区域市场规模、市场集中度等细分数据。 《报告》从国内外经济环境、国内政策、发展趋势等方面入手，全方位分析了人才管理培训产业发展状况，对业界厂商掌握产业动态与未来创新趋势提供相 应的建议和决策支持。 人才管理培训行业是指通过系统化的教育、训练和发展手段，帮助企业及个人提升职业技能、管理能力和综合素质的专业服务领域。其核心目标是优化人力 资源效能，涵盖：企业端、个人端、技术端。 技能人才是推动我国经济高质量发展的重要力量，但技能人才市场存在着供需矛盾和管理难题。人力资源服务业在提供全方位、个性化的招聘、培训、薪 酬、绩效、职业技能认定服务，创新服务模式，建立技能人才库等方面发挥着重要作用。经过多年的发展，我国人力资源服务行业规模在持续扩大。据统 计，2024年我国人力资源服务市场规模从2016年的11850亿元增长至298360亿元，预计2025年有望达到32145亿元。未来，在政策的扶持下，我国人力资源服 务市场规模将不断增长，行业前景十分广阔。 随着中国经济保持平稳增长，综合国力显著提高。但与此同时，国内企业的管理水平 ...

6月24日国新办发布会确认，9月3日将举行阅兵，军工股延续近期涨势，机构称国防军工板块具备长期 成长确定性。中航科工(02357)涨4.46%；中船防务(00317)涨2.19%。 香港财政司司长陈茂波表示，稳定币有望为资本市场带来变革，将推动发行人把稳定币应用推广至不同 场景。渣打集团(02888)早盘涨超3%，欧盟或发布稳定币新规，渣打香港计划发行港元稳定币。 华兴资本控股(01911)涨超10%，公司拟斥资1亿美元进军Web3.0和加密货币资产领域。 国泰君安国际(01788)涨超11%，机构称短期内资金认可稀缺牌照叠加较小市值的弹性空间。 OSL集团(00863)涨超6%，拟计划收购加密货币基础设施提供商Banxa全部股份。 宜搜科技(02550)大涨超70%，与一家华为云解决方案供应商订立框架合作协议，开发数字资产及数据中 心建设。 老铺黄金(06181)涨超16%股价突破1000港元，新加坡首店开业表现超预期，机构称海外成长空间可期。 智通财经APP获悉，港股恒生指数跌0.42%，跌101点，报24182点；恒生科技指数涨0.12%。港股早盘成 交1181亿港元。 半导体供应链国产化持续推进，美拟 ...

"尽管目前矿山智能化成果显著，但深层次矛盾依然突出。"姚华军认为，技术适配性不足，透明地质、 数字孪生等前沿技术仍处于爬坡期。同时，中小企业转型困局，500万元以上大型项目仅占28.1%，中 小矿山因资金受限，多聚焦硬件采购，软件定制能力薄弱。此外，运维人才存在缺口，智能化工程师供 需比达1:4.3，部分企业面临"有设备无医生"的窘境。 会上，有专家建议，国家相关部门应强化矿山数字化、智能化的顶层设计与政策引导，加大财税、金融 支持力度；着力遴选一批基础好、意愿强的矿山企业，打造具有国际先进水平的智能化示范矿山，总结 经验，形成可复制推广的模式。 专家还表示，要推动建立矿山数据标准体系，促进不同系统、不同设备之间的数据互联互通与共享，解 决数据孤岛问题；关注中小矿山智能化，开发推广适合中小型矿山、模块化、低成本、易部署的智能化 解决方案。 新京报讯(记者张建林)全球矿业正经历一场深刻的数字革命。近日，自然资源部科技发展司原司长姚华 军在中国行业报协会矿业融媒体专业委员会主办的2025年矿智行暨矿山技术交流活动上表示，我国作为 矿产资源生产与消费大国，在政策赋能、技术突破与市场驱动等多重合力下，矿产资源开发利用 ...

近日，商务部办公厅发布关于组织开展2025年千县万镇新能源汽车消费季活动的通知，活动时间为2025 年7月至12月。通知提出，"扩大新能源二手车交易"，此次活动将通过优化交易流程、降低交易成本、 完善售后服务等措施，进一步激发新能源二手车市场的活力。 我国新能源汽车产销量已经连续10年全球第一。按照汽车市场发展的一般规律，当保有量达到一定规模 后，意味着大量车辆将进入二手市场，车辆品质和流通性都会大幅提升。公安部数据显示，截至2024年 底，全国新能源汽车保有量达3140万辆，占汽车总量的8.9%。 "不是新车买不起，而是二手车更有性价比。"对很多年轻人来说，这句话尤其适用于新能源二手车。 新能源二手车的消费人群主要集中在80后、90后，甚至00后，他们对新事物接受能力较强，对驾驶体验 感要求更高，同时消费观念较为理性，更关注综合性价比。不过，与燃油二手车交易相比，新能源二手 车交易在信息透明度、售后保障等方面还存在一定的差距，一些现实问题制约着新能源二手车市场的发 展，包括电池、电机、电控系统缺乏统一的检测鉴定标准和规范，首任车主终身质保权益后续车主无法 享受等。 如何让客户买得放心、买得安心，是关乎新能源 ...

快时尚品牌们红极一时后早已纷纷"大逃亡"。H&M在中国市场正经历战略大调整，从规模扩张转向精 细化运营，通过门店网络重构、渠道布局与本土化深耕，试图在竞争白热化的中国时尚零售市场中实现 突围，找到有效增长路径。 6月26日，快时尚巨头H&M集团公布了2025财年第二季度财报。财报数据显示，这家瑞典巨头似乎正在 收获转型成效：2025财年第二季度同店净销售额同比增长 3%，在全球主要市场呈现恢复性增长动力。 2025财年上半年，集团净销售额同比增长1%。而在2024财年，H&M的销售额同比下降0.6%。其中， 2024财年第二财季，亚太市场是唯一销售额下降的区域。 财报发布后，H&M股价大涨7%，股价创下自2024年3月以来15个月新高。 就在这月初，财报发布前夕，H&M集团还传来将私有化退市的消息。Bloomberg发表报道表示，佩尔松 家族通过家族控股公司Ramsbury Invest自2016年将H&M集团的股份由35.5%大幅增持至64%，这导致代 表小型股票投资者的Swedish Shareholder'Association对佩尔松家族拟私有化公司的质疑。 尽管公司尚未证实，但这一资本动作折射出管理 ...

转自：草原云 呼和浩特海关所属乌海海关为企业签发原产地证书，助力企业享关税优惠。 近日，包头市华资实业公司顺利申领到了该企业的首票RCEP原产地证书。华资实业公司市场部负责人 刘猛介绍："公司前身是包头糖厂，近年来通过企业转型升级，重点布局生物发酵产业，持续推动产品 迭代优化，成功谈下外贸订单并尝试出口。在订单发运过程中，我们因首次办理RCEP原产地证书缺乏 经验而遇到困难，多亏包头海关指导，最终顺利取得打开国际市场的'通行证'。" 政策精准直达，红利应享尽享。呼和浩特海关通过专题培训、政策宣讲等形式，系统解读RCEP项下关 税减让政策和原产地规则，助力内蒙古企业"出海"提速。依托"关长送政策上门""一站式服务包"等工作 机制精准对接企业需求，为企业量身定制最优享惠方案；优化原产地证书"智能审核+自助打印"等便利 化措施，大力推广原产地证书全流程信息化服务，随时申报、即时审核、立即取证，为企业拓展海外市 场提供了有力支撑。 6月27日，记者从呼和浩特海关获悉，今年前5个月，呼和浩特海关累计签发RCEP（《区域全面经济伙 伴关系协定》）原产地证书419份，较去年同期增长12.94%，外贸企业享惠货值4.99亿元 ...