欢迎扫描下方二维码关注： ） MT 1T Z 02 出租不动产 小规模纳税人出租其取得的不动产（不含 个人出租住房）,应按照5%的征收率计算应纳 税额。 政策依据 : 《财政部 国家税务总局关于全面推开营业 税改征增值税试点的通知》（财税［2016］36 号）附件2 ▶ 房地产开发企业中的小规模纳税人,销售 自行开发的房地产项目，按照5%的征收率计 税。 政策依据 : 《财政部 国家税务总局关于进一步明确全 面推开营改增试点有关劳务派遣服务、收费公 路通行费抵扣等政策的通知》（财税［2016］ 47号 ) ▶纳税人提供安全保护服务，比照劳务派遣 服务政策执行。 政策依据: 《财政部 国家税务总局关于全面推开营业 税改征增值税试点的通知》（财税「2016】36 号）附件2 ▶ 房地产开发企业中的小规模纳税人，出租 自行开发的房地产项目，按照596的征收率计算 应纳税额。 政策依据: 《财政部 国家税务总局关于进一步明确全 面推开营改增试点有关再保险、不动产租赁和 非学历教育等政策的通知》（财税「2016】68 号 ) LEG 04劳务派遣服务 ▶小规模纳税人提供劳务派遣服务，选择差 额纳税的，以取得的全部价款和 ...

证券研究报告·行业跟踪周报·金融产品 金融产品跟踪周报 权益 ETF 系列：关注结构变化，行情可能临 近变盘点 增持（维持） [Table_Tag] [Table_Summary] 投资要点 ◼ 基金配置建议： 风险提示：1）模型基于历史数据测算，未来存在失效风险；2）宏观经济 不及预期；3）发生重大预期外的宏观事件。 2025 年 07 月 12 日 证券分析师 孙婷 执业证书：S0600524120001 sunt@dwzq.com.cn 证券分析师 唐遥衎 执业证书：S0600524120016 tangyk@dwzq.com.cn 行业走势 -9% -2% 5% 12% 19% 26% 33% 40% 47% 54% 61% 非银金融 沪深300 2025-07-12 《国有险企长周期考核细则落地，充 分发挥险资长期资本优势》 2025-07-12 东吴证券研究所 1 / 22 请务必阅读正文之后的免责声明部分 2024/7/12 2024/11/10 2025/3/11 2025/7/10 ◼ A 股市场行情概述：（2025.7.7-2025.7.11） ◼ 主要宽基指数涨跌幅：排名前三名的宽基指数 ...

| 物业名称 | 项目种类 | 可出租面积 | 出租率 | 2025年4-6月租 | 2025年1-6月租 | | --- | --- | --- | --- | --- | --- | | | | (平方米) | | 金收入（万元） | 金收入（万元） | | 阳光花园 | 幼儿园 | 2,436.00 | 100.00% | 28.09 | 56.19 | | 泰悦豪庭 | 商铺 | 2,264.53 | 100.00% | 77.65 | 155.24 | | 华联2号楼及中农 信商厦 | 购物中心及商用 库房 | 11,785.71 | 84.72% | 66.67 | 133.34 | | 华联3号楼 | 商铺及购物中心 | 6,539.58 | 72.71% | 184.62 | 345.04 | | | 写字楼 | 6,468.56 | 74.08% | 95.70 | 181.80 | 1 京投发展股份有限公司 2025年第二季度主要经营数据公告 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。 公司现将2025 ...

Core Viewpoint - The company anticipates a significant increase in net profit for the first half of 2025, projecting a rise of over 50% compared to the same period last year, primarily driven by investment income from an associated enterprise [1][2]. Performance Forecast - The company expects to achieve a net profit attributable to shareholders of between 260 million yuan and 320 million yuan for the first half of 2025, representing an increase of 22.87 million yuan to 28.87 million yuan compared to the same period last year, which translates to a growth of 731% to 922% [2][3]. - The projected net profit after deducting non-recurring gains is estimated to be between 260 million yuan and 288.68 million yuan, indicating a year-on-year increase of 1,073% to 1,354% [1][2]. Reasons for Profit Increase - The substantial increase in net profit is mainly attributed to the recognition of approximately 290 million yuan in investment income from the associated enterprise Dongchang Investment Development Co., Ltd., which benefited from gains realized from the disposal of a subsidiary in the real estate sector [3]. - Dongchang Investment's subsidiary, Shanghai Pucheng Real Estate Development Co., Ltd., transferred 82.34% of its equity in Shanghai Dongjiao Real Estate Development Co., Ltd. to Shanghai Jiuyun Chenghe Enterprise Management Co., Ltd., with over 50% of the transfer payment already received [3].

世茂集团公告，截至2025年6月30日止六个月，本集团的累计合约销售总额约为人民币135.23亿元，累 计合约销售总面积为110.91万平方米，平均销售价格为每平方米人民币12192元。2025年6月的合约销售 额约为人民币23.21亿元，合约销售面积为19.02万平方米，平均销售价格为每平方米人民币12200元。上 述销售数据未经审核。 ...

本周，A股市场新高不断。周五，沪指最高涨至3555.22点，尾盘涨幅缩窄，最终报收于3510.18点，本周累计涨幅1.09%。 周涨幅榜：香港证券ETF一枝独秀地产光伏相关品种强势反攻 本周，市场整体表现强势，超1000只ETF产品累计上涨，1200多只产品周涨幅中位数约为1.28%，较上周明显提升。 | 证券代码 | 证券简称 | 周涨跌幅 [单位] % | 月涨跌幅 [单位] % | 年涨跌幅 [单位] % | 基金份额 [单位] 亿份 | 基金管理人简称 | | --- | --- | --- | --- | --- | --- | --- | | 513090.OF | 香港证券ETF | 12.855 | 14.324 | 42.173 | 53.805 | 易方达基金 | | 516780.OF | 稀土ETF | 10.657 | 8.537 | 25.986 | a 695 | 华泰柏瑞基金 | | 159713.OF | 稀土ETF | 10.646 | 8.568 | 26.366 | 4.423 | 富国套金 | | 159715.OF | 稀土ETF易方达 | 10.63 | 8.77 ...

7月11日，截至港股收盘，恒生指数上涨0.46%，报24139.57点。兴业控股（00132.HK）收报0.315港元/ 股，上涨21.15%，成交量1.4万股，成交额4289港元，振幅37.69%。 最近一个月来，兴业控股累计跌幅1.52%，今年来累计跌幅26.14%，跑输恒生指数19.78%的涨幅。 资料显示，兴业控股有限公司之主要业务为物业发展及投资、酒店经营及投资控股。集团致力于产品的 工艺改进及科技创新,以提高产品的质素及附加值,适应市场对产品的需求,朝着产品多元化,开拓新市场的 方向发展。2011年,集团决定终止所有板材业务,所有板材产品的生产已于二零一一年十二月下旬全面停 止。由于集团原来核心业务经已终止,集团未来经营主要专注于现有其他业务—酒店投资、管理和房地 产项目的投资、开发。鉴于目前国内房地产市场的现状,公司将充分利用充足的现金资源,将房地产投资 的投资重点主要集中于商业地产、酒店地产、产业载体、旅游地产和健康休闲养老地产等,积极创造条 件,围绕上述地产项目,强化现有酒店管理业务和竞争力,同时通过引进战略合作伙伴,开辟其他相应的地产 服务业,如房地产物业管理和健康、休闲、养老服务业等,实 ...

一、证券市场回顾 南财金融终端数据显示，昨日(7月10日,下同)上证综指日内上涨0.48%，收于3509.68点，最高3526.59 点；深证成指日内上涨0.47%，收于10631.13点，最高10667.41点；创业板指日内上涨0.22%，收于 2189.58点，最高2199.71点。 昨日股票型ETF跌幅最大的3只ETF及其收益率分别为：易方达国证机器人产业ETF(-0.8%)、西藏东财中 证芯片产业ETF(-0.76%)、招商中证卫星产业ETF(-0.75%)。跌幅前10详情见下表: | 美别 | 代码 | 基金名称 | 涨跌幅(%) | | --- | --- | --- | --- | | 股票型 | 159530.SZ. | 易方达周证机器人产业ETF | -0.8% | | 股票型 | 159599.SZ | 西藏东财中证芯片产业ETF | -0.76% | | 股票型 | 159218.SZ. | 招商中证卫星产业ETF | -0.75% | | 股票型 | 516110.SH | 国泰中证800汽车与零部件ETF | -0.7% | | 股票型 | 588110.SH | 广发上证科创板成长 ...

证券代码：600839 证券简称：四川长虹 公告编号：临 2025-058 号 四川长虹电器股份有限公司 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： ? 业绩预告的具体适用情形：实现盈利，且净利润与上年同期相比上升 50% 以上。 ? 四川长虹电器股份有限公司（以下简称"公司"）2025 年半年度归属于 母公司所有者的净利润预计为 43,900 万元到 57,100 万元，与上年同期相比，将 增加 15,853.41 万元到 29,053.41 万元，同比增加约 56.53%到 103.59%。 ? 公司 2025 年半年度归属于母公司所有者的扣除非经常性损益的净利润 预计为 13,800 万元到 18,200 万元，与上年同期相比，将减少 404.26 万元到 一、本期业绩预告情况 （一）业绩预告期间 二、上年同期业绩情况 （一）利润总额：99,845.85 万元。归属于母公司所有者的净利润：28,046.59 万元。归属于母公司所有者的扣除非经常性损益的净利润：18,604.26 万元。 （二）每股收益 ...

Core Viewpoint - Nuveen anticipates that the second half of 2025 will face dual pressures of economic slowdown and policy uncertainty, prompting investors to reassess asset allocation strategies focusing on robust fundamentals, defensive characteristics, and spread advantages to enhance return potential and mitigate risks [1][2] Global Economic Outlook - The global investment committee of Nuveen expects potential interest rate cuts by the Federal Reserve in September and December, but inflation driven by tariffs may lead to a pause in easing [1] - The European Central Bank is expected to pause after previous rate cuts, while the Bank of Japan is likely to raise rates once [1] Asset Allocation Strategy - Nuveen recommends focusing on assets driven by spreads and reducing reliance on risk-free rates, with municipal bonds attracting long-term investors due to a steep yield curve [1] - The real estate market is gradually recovering after two years of stagnation, with strong demand observed in medical office spaces, grocery retail properties, and affordable housing [1] Stock Market Insights - Large U.S. tech companies are benefiting from the expansion of AI, increased demand for data centers, and power generation, leading to an upgrade in market positioning [1] - Defensive sectors such as finance and infrastructure are highlighted, while European equities present long-term value; emerging markets are becoming less attractive due to trade policy impacts [1] Investment Strategies - Nuveen advises investors to adopt a broadly diversified and actively managed strategy to navigate policy changes and economic slowdowns [2] - Preferred loans and securities are favored for their attractive valuations and solid credit quality, while investment-grade corporate bonds are viewed less favorably due to narrowing spreads [2] Real Estate Sector Focus - Nuveen continues to explore opportunities arising from demographic and educational diversity, with a positive outlook on medical, industrial, and residential sectors [2] - The office market faces challenges, with vacancy rates expected to improve but recovery still requiring time; real estate bonds currently offer valuation advantages over real estate stocks [2] Infrastructure Investment Preferences - Nuveen prefers public-private projects, particularly in electricity, utilities, and energy storage investments [2] - Agricultural land assets are seen as an inflation hedge, although returns are expected to slow in 2025, especially for grain crops affected by tariff pressures [2]