Group 1 - The US real estate ETF increased by 1.50% on June 23 [1] - The Russell 2000 index ETF rose by 1.22% [1] - The Nasdaq 100 ETF gained 1.03% [1] - The S&P 500 ETF saw an increase of 0.99% [1] - The Dow Jones ETF climbed by 0.94% [1] - The emerging markets ETF grew by 0.82% [1] Group 2 - The Euro long ETF increased by 0.56% [1] - The US Treasury 20+ year ETF rose by 0.32% [1] - The gold ETF saw a gain of 0.31% [1] - The agricultural products fund increased by 0.27% [1] - The Yen long ETF rose slightly by 0.02% [1] Group 3 - The long US dollar index ETF decreased by 0.40% [1] - The soybean fund fell by 1.12% [1] - The long volatility index (fear index) dropped by 1.25% [1] - The US Brent oil price fund declined significantly by 7.46% [1]

Core Viewpoint - The article discusses the joint issuance of the "Opinions on Financial Support for Guangzhou Nansha to Deepen Global Cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area," which outlines 30 key measures to enhance financial services and support high-quality development in the region [1][2]. Group 1: Overall Requirements - The initiative aims to strengthen financial support for Nansha, positioning it as a strategic hub for the Greater Bay Area and a demonstration area for high-quality development and modernization [3]. Group 2: Key Tasks - **Enhancing Financial Services for Innovation and Entrepreneurship**: Support for technology innovation industries, high-end manufacturing, and digital industries through innovative financing products and partnerships [4][5]. - **Strengthening Financial Services for Social Welfare**: Facilitation of cross-border payment services and credit financing for residents of Hong Kong and Macao [6][7]. - **Developing Specialized Financial Services**: Promotion of green finance, digital finance, and shipping finance to support sustainable development and international trade [8][9]. Group 3: Promoting Financial Market Connectivity - **Facilitating Cross-Border Transactions**: Exploration of policies for capital settlement and the establishment of a cross-border asset management center [10][11]. - **Enhancing Cross-Border Investment**: Simplification of processes for cross-border equity investments and the development of a conducive environment for international leasing and factoring businesses [12][13]. Group 4: Financial Innovation and Exchange - **Expanding Financial Openness**: Encouragement of international commercial banks and diverse investment institutions to establish a presence in Nansha [14][15]. - **Building International Cooperation Platforms**: High-quality hosting of international financial events and fostering dialogue mechanisms for financial cooperation with Hong Kong and Macao [16].

Group 1 - The core business of the company includes commercial retail and third-party payment services, with notable brands such as Cuiwei Department Store and Contemporary Mall [1] - As of the first quarter of 2025, the company reported a revenue of 566 million yuan, a year-on-year decrease of 9.83%, and a net profit loss of approximately 81.93 million yuan, reflecting a year-on-year increase of 25.49% in losses [1] - The company has a market capitalization of 6.877 billion yuan and a price-to-book ratio of 3.34, indicating its valuation relative to its net assets [1][2] Group 2 - The company is recognized for its strong brand presence and market influence in Beijing, holding a leading position in the regional retail market [1] - The average price-to-earnings (P/E) ratio for the industry is significantly higher at 72.22 compared to the company's P/E ratio of -10.44, suggesting a potential undervaluation [2] - The company is part of a competitive landscape with various other firms, with the industry median P/E ratio at 28.18, indicating a disparity in valuation metrics [2]