金十图示：2025年07月02日（周三）富时中国A50指数成分股今日收盘行情一览：家电、白酒、有色金属等板块收高，证券、消 费电子、物流等板块收低 富时中国A50指数连续 0.00(0.00%) -0.09(-1.05%) +0.02(+0.48%) 保险 中国太保 12.00 中国人保 中国平安 电机 3843.06亿市值 3571.07亿市值 10163.13亿市值 5.73亿成交额 22.04亿成交额 4.55亿成交额 55.81 37.12 8.69 -0.29(-0.78%) +0.11(+0.20%) -0.02(-0.23%) 酸酒行业 贵州茅台 五粮液 山内对酒 17707.36亿市值 2142.50亿市值 4626.10亿市值 36.89亿成交额 11.55亿成交额 18.41亿成交额 119.18 175.62 1409.60 +4.50(+0.32%) +1.20(+0.69%) +0.55(+0.46%) 半导体 北方华创 寒武纪-U 海光信息 HYGON 2280.43亿市值 2336.50亿市值 3150.87亿市值 13.00亿成交额 35.10亿成交额 13.95亿成交额 13 ...

Core Viewpoint - The Zheng family, led by Zheng Jiachun, is actively working to manage debt and liquidity issues faced by New World Development, a real estate company heavily leveraged with over HKD 151 billion in debt and a net debt ratio of 57.5% [4][9][11]. Group 1: Financial Situation - New World Development is negotiating a refinancing deal of up to HKD 87.5 billion to alleviate its liquidity crisis [4][12]. - As of the end of 2024, the company has total assets of HKD 427.57 billion and cash reserves of only HKD 21.86 billion, while short-term debt exceeds HKD 32 billion [10]. - The company has delayed interest payments on perpetual bonds totaling USD 3.4 billion, which could increase debt costs and complicate refinancing negotiations [11]. Group 2: Management and Strategy - Zheng Jiachun has appointed his daughter, Zheng Zhiwen, to the core management team, indicating a potential succession plan [17]. - The management is focused on reducing leverage and aims to recover HKD 26 billion in funds by selling assets, including several office buildings in Hong Kong [19][20]. - The company is also working on converting agricultural land into developable land to enhance cash flow [20]. Group 3: Market Performance - New World Development's contract sales for the period from July 2024 to May 2025 are projected to reach approximately HKD 24.8 billion, achieving over 95% of its annual sales target [13]. - The mainland market, which contributes 70% of revenue, has shown strong sales performance, prompting management to raise the sales target for the mainland from RMB 11 billion to RMB 14 billion [13][14]. - Despite these positive sales trends, the company reported a revenue decline of 1.6% for the second half of 2024, with a shareholder loss of approximately HKD 6.63 billion [21]. Group 4: Broader Business Context - The Zheng family's business interests span various sectors, including jewelry, retail, and infrastructure, with Chow Tai Fook, a leading jewelry retailer, also facing challenges and planning to raise HKD 8.8 billion through convertible bonds [24]. - Chow Tai Fook's revenue and net profit have declined, with the company closing 905 stores in the past year, although it has seen an increase in average sales per store [25][26]. - The family’s other ventures, such as those managed by Zheng Zhiming, are performing better, with a net profit increase of 15% in the first half of the 2025 fiscal year [30].

Core Points - The Ministry of Commerce has approved and published 33 industry standards, including the "Retail Store Inventory Management Specification" and "Key Performance Indicators (KPI) System for Chain Supermarkets" [1][2][3] Group 1: Industry Standards Overview - The newly published standards will be effective from January 1, 2026, and include various guidelines for retail and trade sectors [2][3] - Key standards include: - SB/T 10805-2025: Retail Store Inventory Management Specification [2] - SB/T 10669-2025: KPI System for Chain Supermarkets [2] - SB/T 10807-2025: Requirements for Retail Store Managers [2] - SB/T 10620-2025: Retail Category Management Guidelines [2] - SB/T 10599-2025: Technical Specifications for Shopping Center Construction and Management [2] Group 2: Environmental and Digital Standards - New standards also focus on sustainability and digitalization, such as: - SB/T 11252-2025: ESG Management System Requirements for Accommodation Enterprises [3] - SB/T 11253-2025: Digital Operations and Service Standards for Hotels [3] - SB/T 11259-2025: Digital Supply Chain Management Consulting Service Guidelines [3] - SB/T 11262-2025: Green Recycling Standards for Recycled Resources [3] Group 3: International Trade Standards - The standards include guidelines for international trade, such as: - WM/T 11-2025: Guidelines for Sustainable Infrastructure Projects by Chinese Enterprises Overseas [3] - WM/T 19-2025: Low Carbon Evaluation Requirements for Photovoltaic Component Exports [3]

具体来看，服务消费具有供需同步、服务效果难量化、服务过程不可逆等特点。这意味着消费者维权难 度更大，监管难度也更高。在线教育退费难、预付卡跑路、旅游宰客……文旅、家政、养老、培训等领 域纠纷的出现，不仅影响消费者的体验，也挫伤了行业发展信心。此外，随着新业态兴起，现有保障制 度还存在盲区。譬如，盲盒经济火爆的同时，相关投诉也在激增，由于存在明显的信息不对称，如何妥 善解决"隐藏款概率造假"等争议尚需探索。 构建"服务友好型"权益保障体系，需要充分考量服务消费特性，紧密跟踪新业态新趋势，提前预判可能 存在的消费风险，在保障服务质量的前提下放宽准入、减少限制、鼓励创新、优化监管，推动服务消费 向多样化、高品质、高标准提升，更好满足人民群众的消费需求。只有让消费者敢于为知识付费、为体 验买单、为未来投资，服务消费才能持续扩大内需，推动经济实现高质量发展。 （文章来源：经济日报） 另一方面，服务消费联动性强，促进服务消费有助于带动相关产业协同发展，为优化供给结构、打通供 需堵点、加快产业升级提供助力。譬如，随着数字消费需求的壮大，智慧商圈、在线教育、数字医疗、 直播电商等消费场景日趋成熟，带动商贸、教育、医疗、物流等 ...

为深入推进深圳综合改革试点、深化改革创新扩大开放，中办、国办印发《关于深入推进深 圳综合改革试点 深化改革创新扩大开放的意见》。 一、总体要求 坚持以习近平新时代中国特色社会主义思想为指导，深入贯彻党的二十大和二十届二中、三 中全会精神，完整准确全面贯彻新发展理念，坚持稳中求进工作总基调，统筹发展和安全， 坚持顶层设计同基层探索有机结合，按照分批次研究制定授权事项清单的工作机制，再推出 一批改革措施、落地一批创新试验、深化一批开放举措，在破解教育科技人才领域体制机制 障碍、强化创新链产业链资金链人才链深度融合、拓展粤港澳合作新途径新场景新载体、建 设现代化国际化创新型城市等方面先行先试、开拓创新、真抓实干，在更高起点、更高层 次、更高目标上深化改革、扩大开放，创造更多可复制、可推广的新鲜经验，更好发挥深圳 在粤港澳大湾区建设中的重要引擎作用和在全国一盘棋中的辐射带动作用，为全面建设社会 主义现代化国家作出贡献、提供范例。 二、统筹推进教育科技人才体制机制一体改革 （一）加强产学研高效协同、深度融合。强化企业科技创新主体地位，优化发挥科技领军企 业"出题人"作用的有效路径。探索新型研发机构薪酬市场化管理制度，支 ...

除了已实施回购的公司，还有多家上市公司公布了股份回购预案。其中，潍柴动力、宝钢股份拟回购金额上限均 为10亿元，金风科技拟回购金额上限为6亿元，山东威达、健友股份、苏博特拟回购金额上限均为5亿元。 值得一提的是，在上市公司密集回购的过程中，回购增持贷款成为了不少公司的重要资金来源。Wind数据显示， 截至5月20日，今年以来已有276家上市公司发布获得回购增持贷款用来回购的相关公告。以贷款金额上限计算， 贷款总额高达484.63亿元。业内人士表示，回购增持贷款作为一种金融工具，能够提供低成本的资金支持，帮助 上市公司及重要股东更有效地实施回购和增持计划。（南木） 【环球网财经综合报道】Wind数据显示，今年以来，已有近1500家A股上市公司发布回购相关公告。其中，宁德 时代和贵州茅台的回购金额上限格外引人注目，分别高达80亿元和60亿元。超270家上市公司的回购资金来源涉及 回购增持贷款。 进一步来讲，截至5月20日，今年已有879家上市公司"真金白银"地实施了回购，合计回购金额达到607.87亿元。 具体来看，贵州茅台以40.50亿元的回购金额位居榜首，徐工机械、牧原股份、宁德时代、中远海控紧随其后，回 购 ...

【环球网财经综合报道】近期，A股上市公司回购增持贷款热度攀升。截至5月19日17时，共有622家上市公司或重要股东获回购增持贷款，总金 额约1207.55亿元。 证监会副主席李明表示，2024年A股上市公司分红、回购均创历史新高，目前A股估值水平相对低位，配置价值凸显。近日证监会修订《上市公司 重大资产重组管理办法》，后续将持续引导上市公司通过多种方式提升投资价值，为全球投资者提供优质标的。（陈十一） 业内人士认为，回购增持贷款是低成本金融工具，能助力上市公司及重要股东有效实施回购和增持计划。知名经济学者盘和林表示，其利率低， 可最大化回购、增持利益，降低难度，拓宽融资渠道。 从上市公司回购情况看，近期积极性高。不少公司回购用于注销，如思源电气拟使用自有资金回购3亿元至5亿元股份并注销。部分公司回购用于 员工持股计划或股权激励，如顺灏股份完成回购后迅速推出员工持股计划，其回购资金总额不低于5000万元且不超过1亿元。 上市公司回购股份对市场有积极影响。中国企业资本联盟副理事长柏文喜称，能推动股价上涨、提升市值，增加资金流入，提高市场活跃度和流 动性。德邦证券研报指出，回购彰显管理层信心和认可，促进股价与内在价 ...

Core Viewpoint - The Heilongjiang Provincial Market Supervision Administration has issued the "Three-Year Action Implementation Plan for Optimizing the Consumption Environment (2025-2027)", aiming to enhance the consumption environment and promote high-quality consumption development through 19 key tasks [1] Group 1: Consumption Supply Quality Improvement - The plan emphasizes improving the quality of physical consumption and launching special actions for enhancing characteristic consumer goods [2] - It includes support for the innovation and development of time-honored brands and encourages the replacement of old consumer goods [2] - The goal is to increase the number of charging infrastructure terminals in Heilongjiang Province to over 110,000 by the end of 2025 and over 130,000 by the end of 2027 [2] Group 2: Consumption Order Optimization - The plan aims to strengthen the safety production responsibilities of operators and prevent major safety risks [3] - It includes actions to improve market transaction environments and enforce regulations in tourism and broadcasting sectors [3] - The plan also focuses on enhancing anti-monopoly enforcement in the livelihood sector and regulating market competition [3] Group 3: Consumer Rights Protection Enhancement - The plan seeks to improve the resolution of consumer disputes and promote a no-reason return policy, targeting a 50% increase in participating units by 2027 [4] - It aims to strengthen administrative mediation of consumer disputes and enhance judicial protection for consumer rights [4] - The plan includes initiatives to expand the coverage of consumer rights protection service stations [4] Group 4: Collaborative Consumption Environment - The plan emphasizes the responsibility of enterprises in consumer rights protection and encourages industry self-regulation [5] - It aims to enhance the social influence and credibility of consumer association organizations [5] - The plan also includes international cooperation to protect consumer rights, particularly in cross-border e-commerce [5] Group 5: Action Implementation and Monitoring - The Heilongjiang Provincial Market Supervision Administration will prioritize the optimization of the consumption environment and strengthen organizational leadership [1] - It emphasizes the importance of inter-departmental communication and information sharing to monitor progress [5] - The plan aims to extract and promote universally applicable experiences and results from various industries [5]

齐鲁晚报.齐鲁壹点张晓鹏 日前，青岛市消防救援部门在全市范围内持续开展消防监督检查，对存在火灾隐患的美克家居 （600337）、天一仁和、杜蕾斯等13家单位进行曝光。 据了解，被曝光的13家重大火灾隐患单位分别是： 美克国际家居用品股份有限公司青岛分公司、青岛宝地物业管理有限公司，两家公司疏散通道堆放杂 物，违反了《中华人民共和国消防法》第二十八条之规定； 青岛博信铝业有限公司博信酒店(原锦江之星沧口公园店，该酒店地上七层、八层疏散通道大于20米， 未设置排烟设施，不符合《建筑防火通用规范》GB55037-2022第8.2.2(10)条的规定，违反了《中华人民 共和国消防法》第十六条第一款第二项之规定； 崂山区伯爵夫人美容院，该单位2具疏散指示标志损坏，消防设施未保持完好有效，违反了《中华人民 共和国消防法》第十六条第一款第二项之规定； 青岛天一仁和物业服务有限公司，该公司消防控制室值班人员未持中级证上岗，违反了《高层民用建筑 消防安全管理规定》第二十六条第二款之规定； 青岛伦敦杜蕾斯有限公司，该公司消防控制室值班人员火灾报警控制柜操作不熟练,违反了《中华人民 共和国消防法》第十六条第一款第七项之规定； 青岛 ...

Core Viewpoint - The article discusses the recent trend of companies in the Shanghai and Shenzhen stock markets successfully removing risk warnings and improving their operational quality through various measures, reflecting a positive structural improvement in company quality amid regulatory support [3][4][5]. Group 1: Companies Removing Risk Warnings - Several companies, including Hanma Technology, Shuguang Automotive, and Hezhan Energy, have announced the removal of delisting risk warnings, indicating a shift towards improved operational quality [1][2]. - As of April 29, 2025, a total of 7 companies in the Shanghai market and 6 in the Shenzhen market have successfully removed risk warnings, showcasing a trend of companies actively addressing risks and enhancing quality [3]. Group 2: Financial Recovery and Performance Improvement - ST Navigation reported a revenue of 171 million, a year-on-year increase of 685.63%, and a significant reduction in net loss by 79.90%, thus avoiding delisting risk [4]. - ST Hengyu achieved a revenue of 180 million, a year-on-year growth of 320.16%, and turned a profit of 26.74 million, also avoiding delisting risk [4]. - ST Kexin and ST Weiti both reported turning losses into profits in their 2024 annual reports, with ST Kexin's revenue exceeding 300 million [4]. Group 3: Strategies for Risk Mitigation - ST Wentou, facing negative net assets, successfully restructured by divesting inefficient assets, resulting in a positive net asset position and the removal of risk warnings [5]. - ST Xinning improved its financial situation by issuing shares to specific investors and focusing on core operations, leading to a positive net asset status and the removal of risk warnings [6]. - ST Tianchuang and ST Yongyue addressed compliance issues and internal control problems, leading to successful rectifications and the removal of risk warnings [8].