李家超表示，相关排名凸显了香港作为国际金融中心的领先优势。香港在多项国际报告中的排名持 续攀升，印证了特区政府的施政方向正确有力。他强调，国家始终是香港最坚实的后盾，在中央的大力 支持下，香港已发展成为全球一流的国际金融、航运和贸易中心。 特区政府发言人25日表示，报告充分肯定香港作为国际金融中心的领先地位、实力与竞争力。香港 保持"一国两制"下的独特优势，凭借内联外通、国际化和多元包容的特质，全面发挥"超级联系 人"和"超级增值人"的角色，为全球投资者提供稳定、可预测的政策和投资环境，满足他们多元化资产 配置的需要。 发言人说，特区行政长官李家超2025年施政报告公布了一系列政策措施，进一步强化香港金融体 系，持续推动股市、固定收益市场和资产及财富管理业务的发展，并在中央部委的支持下，深化和扩 大"互联互通"，支持人民币国际化的稳慎推进；同时加速发展新增长点，包括建立国际黄金交易市场和 建设大宗商品交易生态圈，巩固提升国际金融中心地位。 新华社香港9月25日电（奚天麒）英国Z/Yen集团与中国（深圳）综合开发研究院25日联合发布第38 期《全球金融中心指数》报告，香港的整体评分上升4分至764分，继续位列全 ...

Group 1 - The company reported revenue of 46.613 million RMB for the six months ending June 30, 2025, representing an increase of 84.96% year-on-year [1] - The company experienced a loss attributable to owners of 1.137 million RMB, marking a shift from profit to loss compared to the previous year [1] - The basic loss per share was 0.32 cents [1]

Group 1 - The company reported revenue of 46.613 million RMB for the six months ending June 30, 2025, representing an increase of 84.96% year-on-year [1] - The company experienced a loss attributable to owners of 1.137 million RMB, marking a shift from profit to loss compared to the previous year [1] - The basic loss per share was 0.32 cents [1]

Core Viewpoint - The article discusses the increasing tax risks associated with new financing models, specifically asset-backed securities and joint ventures with repurchase obligations, highlighting how companies may exploit these structures to reduce taxable income [3][4]. Financing Models and Tax Risks - In 2024, the total social financing scale increased by 32.3 trillion yuan, with a year-end stock of 408.3 trillion yuan, reflecting an 8% growth compared to the previous year [3]. - Companies are using asset-backed securities to package accounts receivable into bonds, which are sold at a discount, allowing them to recognize investment income while improperly deducting interest expenses [5][6]. - The joint venture model involves companies paying "equity maintenance fees" to secure the right to purchase shares, which are treated as financial expenses, leading to potential tax deductions [11][12]. Case Studies - Company A issued 1.8 billion yuan in asset-backed securities, recognizing a 324 million yuan investment income while improperly deducting the same amount as a loss [8][10]. - Company B, through a joint venture, paid equity maintenance fees calculated based on the total investment, which were fully deducted for tax purposes, raising questions about their classification as interest expenses [12][14]. Regulatory Considerations - The article emphasizes the need for companies to adhere to accounting standards that require the recognition of financial assets based on the actual risks retained, which may not align with their current practices [9][13]. - Tax regulations stipulate that interest expenses must not exceed the rates applicable to financial institutions, which could limit the deductibility of fees paid in these financing arrangements [14].

（股份代號：1360） (1) 內 部 監 控 檢 閱 之 主 要 發 現 及 結 果；及 (2) 繼續暫停買賣 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並表明概不就因本公佈全部或任何部分內容而產生或因倚賴該等內容而引 起之任何損失承擔任何責任。 （於開曼群島註冊成立之有限公司） 本公佈乃由諾發集團控股有限公司（「本公司」，連同其附屬公司，「本集團」）根據香 港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第13.09條及13.24A 條以及證券及期貨條例（香港法例第571章）第XIVA部項下內幕消息條文（定義見上 市規則）而作出。 茲提述(i)公佈於二零二三年九月二十九日本公司截至二零二三年六月三十日止年 度之年度業績公佈；(ii)公佈於二零二三年十月三十一日本公司截至二零二三年六 月三十日止年度之年報；(iii)本公司日期為二零二三年十月三日有關本公司之股份 根據上市規則第13.50A條在聯交所暫停買賣之公佈；(iv)本公司日期為二零二三年 十二月十九日有關（其中包括）聯交所向本公司發出之復牌指引之公佈；(v)本公司日 期 ...