Group 1 - The People's Bank of China has announced the first batch of mainland institutions participating in the cross-border payment system, which includes major banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and China Merchants Bank [1] - Hong Kong institutions participating in the cross-border payment system include Bank of China (Hong Kong), Bank of East Asia, China Construction Bank (Asia), Hang Seng Bank, HSBC, and ICBC (Asia) [1] - The participation range will be gradually expanded in the future, indicating a potential increase in cross-border payment capabilities [1]

Core Points - The cross-border payment system between mainland China and Hong Kong is designed to facilitate small-scale remittances for residents of both regions [1] - The system allows for convenient remittances without the need for business background documentation for individual residents [1] - It supports various financial services including tuition payments, medical fees, and salary disbursements [1] Group 1 - The cross-border payment system supports remittances for residents holding specific identification documents from both regions [1] - Mainland residents can remit funds to Hong Kong accounts, while Hong Kong residents can transfer funds to mainland accounts [1] - Participating institutions can set transaction limits based on risk management considerations [1] Group 2 - Initial participating institutions from mainland China include major banks such as ICBC, Agricultural Bank of China, Bank of China, and others [2] - Hong Kong institutions involved include Bank of China Hong Kong, East Asia Bank, and HSBC among others [2] - The range of participating institutions is expected to expand over time [2]

Group 1 - UBS forecasts a significant decline in Hang Seng Bank's (00011) earnings per share for the first half of this year due to compression in net interest income (NII) and an expected rise in expected credit loss (ECL) expenses [1] - The bank is currently trading at 1.3 times the one-year forward price-to-book ratio, with a target price of HKD 112 and an estimated dividend yield of 5.4% for 2025 based on the target price [1] - Hang Seng Bank is expected to announce a new share buyback plan alongside its earnings report on July 30, despite a weak profit outlook [1] Group 2 - UBS notes that the Hong Kong Interbank Offered Rate (HIBOR) has remained below 1% for a month, deviating from seasonal patterns, and predicts HIBOR will stabilize between 2% and 2.5% by year-end [2] - As a result of the low HIBOR environment, UBS has revised down its forecast for Hang Seng Bank's NII for 2025, while slightly increasing the forecast for non-interest income due to potential boosts in net fee income and trading income [2] - UBS has also slightly raised its estimate for ECL expenses for Hang Seng Bank in light of cautious views on non-performing loan (NPL) risks [2]

Core Viewpoint - UBS forecasts that Hang Seng Bank's net profit for the first half of the year will decline by 17% year-on-year due to compression in net interest income (NII) and an expected increase in expected credit loss (ECL) expenses [1] Financial Performance - Hang Seng Bank is expected to announce its 2025 first-half results on July 30, with a projected net profit decrease of 17% year-on-year [1] - The bank is currently trading at 1.3 times the one-year forward price-to-book ratio [1] Investment Rating - UBS maintains a "Neutral" rating on Hang Seng Bank's stock with a target price of HKD 112 [1] - The expected dividend yield for Hang Seng Bank in 2025 is projected to be 5.4% based on the target price, with a buyback yield of 1% [1]

南都此前报道，6月2日，香港恒生银行沙田第一城分行发生持刀抢劫案，一名劫匪持刀威胁银行职员后 劫走约38万余港元及少量外币，一名职员颈部受轻伤。之后，嫌疑人于案发当晚潜逃至内地，后经内地 执法单位协助，其于3日中午在深圳落网，并于当晚押回香港。3日晚，香港警务处公共关系部工作人员 回应南都记者称，香港警方当晚拘捕一名49岁仇姓本地男子，其涉嫌"行劫"及"企图爆窃"。此外，一名 34岁黎姓本地女子涉嫌"协助罪犯"被拘捕。 香港一家恒生银行日前发生持刀抢劫案，持续引发关注。6月5日，香港警务处公共关系部当值新闻主任 告诉南都记者，香港新界南总区重案组人员昨晚拘捕了一名47岁刘姓本地男子，涉嫌"处理赃物"。此 前，香港警方已拘捕了一名49岁仇姓本地男子，其涉嫌"行劫"及"企图爆窃"。一名34岁黎姓本地女子涉 嫌"协助罪犯"也被拘捕。 （文章来源：南方都市报） 6月5日，香港警务处公共关系部当值新闻主任及该部门工作人员告诉南都记者，香港新界南总区重案组 人员昨晚拘捕了一名47岁刘姓本地男子，该男子系自首，涉嫌与2日在香港恒生银行沙田第一城分行发 生的持刀抢劫案有关。他涉嫌"处理赃物"，正被扣留调查。 另有公开信息称， ...

Group 1 - Shandong Province plans to provide free accompanying care services in all public tertiary hospitals by the end of 2025, aiming to improve patient experience [1] - The initiative encourages public secondary hospitals to explore and implement similar services, with a target for all secondary and above public medical institutions to offer such services by the end of 2027 [1] - The overall goal is to significantly enhance patient satisfaction and experience in the healthcare system [1] Group 2 - The Hainan Health Commission has established an investigation into the case of a tourist allegedly bitten by a snake, following media reports of the incident [2] - The investigation includes the preservation of medical records from the two hospitals involved in the treatment of the tourist [2] Group 3 - Anhui Normal University has suspended a male teacher who was previously disciplined for misconduct, following public outcry regarding his new position at the security office [3] - The university has formed an investigation team to address the situation and will take appropriate actions based on the findings [3] Group 4 - Hong Kong police have arrested a suspect in a robbery case involving Hang Seng Bank, who fled to Shenzhen after the incident [4] - The suspect was apprehended with the assistance of mainland law enforcement and has been returned to Hong Kong for further legal proceedings [4] Group 5 - A hotel in Hangzhou has apologized after a guest discovered a pillowcase with a hospital logo, attributing the issue to a serious error by their laundry supplier [5] - The hotel has terminated its contract with the supplier and conducted a thorough inspection of all room linens to prevent future occurrences [5] Group 6 - Police in Hunan have detained five individuals from a construction company suspected of exploiting mentally disabled individuals for labor [6] - The authorities responded quickly to a report and rescued five suspected disabled workers from the company [6] Group 7 - The demand for Vietnamese tourists in Yunnan has increased, prompting the Kunming Railway Bureau to introduce direct trains from Hekou North to Dali [7] - The new train service aims to facilitate travel for tourists without the need for transfers, enhancing accessibility to popular destinations [7]

数据统计显示，中证港股通回购指数近一个月上涨7.47%，近三个月上涨6.64%，年至今上涨16.06%。 据了解，中证港股通回购指数从港股通范围内选取50只回购比例较高的上市公司证券作为指数样本，以 反映港股通范围内高回购比例上市公司证券的整体表现。该指数以2018年12月28日为基日，以1000.0点 为基点。 从指数持仓来看，中证港股通回购指数十大权重分别为：汇丰控股（10.68%）、友邦保险 （10.64%）、腾讯控股（9.81%）、美团-W（7.89%）、快手-W（7.46%）、东岳集团（5.98%）、石药 集团（5.17%）、恒生银行（5.14%）、太古股份公司Ａ（4.99%）、中远海控（3.59%）。 从中证港股通回购指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证港股通回购指数持仓样本的行业来看，金融占比26.46%、通信服务占比17.84%、可选消费占比 14.80%、医药卫生占比13.53%、房地产占比8.29%、工业占比6.27%、原材料占比6.13%、能源占比 3.31%、信息技术占比1.93%、主要消费占比1.44%。 资料显示，指数样本每季度调整一次，样本调整实施时 ...

香港警方在事发银行调查。 些传统罪案的数据在2024年处于较低水平，不少甚至是有记录或多年来新低。其中，行劫案较2023年跌7.2%，为有记录 以来第2低，破案率达92.2％，是有记录以来最高。 综合自：南方都市报、南方日报 责编：李丹 校对： 陶谦 有职员受伤。 昨天（6月2日），香港恒生银行沙田第一城分行发生持刀抢劫案。一名劫匪持刀威胁银行职员后劫走约30余万元港币及 少量外币，逃离现场。该案中有一名职员颈部受轻伤，送往医院救治后已出院。 据悉，2日17时许，警方接获香港恒生银行沙田第一城分行报案称，一名男子独自进入银行，坐下约15分钟后突然拿出一 把刀，威胁一名女性银行职员，并劫走约30余万元港币及少量外币后，逃离现场。 恒生银行方面表示，案件导致一名银行职员颈部受轻伤，送往医院治理后已出院，其他客户及职员平安无事。恒生银行 将继续与受伤同事保持沟通，跟进其需要，并提供多方面的支援。此外，恒生银行将全力配合警方调查。 据香港警方消息，案件由沙田警区刑事调查队第7队跟进调查。 据了解，今年2月，香港特区政府警务处曾举行记者会介绍2024年香港治安情况及警务工作。据公布，除去诈骗类案件 后，2024年香港整 ...

Regulatory Dynamics - Seven departments, including the Ministry of Science and Technology and the People's Bank of China, jointly issued policies to accelerate the construction of a technology finance system, focusing on venture capital, monetary credit, capital markets, and technology insurance to support innovation [1] - The "Nansha Financial 30 Measures" were released to explore financial regulatory innovation and cooperation, aiming to enhance the uniformity, professionalism, and transparency of financial technology regulation [2] Industry Dynamics - Several banks have introduced limited-time offers, with cash installment rates dropping to as low as 2% to 4%, with examples including China Merchants Bank offering a 1.7-fold interest discount, resulting in an annualized rate as low as 2.76% for 12-month installments [3] - The A-share banking sector's market capitalization has surpassed 10 trillion yuan, with the China Securities Bank Index reaching a high of 7751.80 points, supported by high dividends and low valuations [3] - Over 40 banks have "disappeared" this year, with announcements of mergers and acquisitions, indicating a trend of consolidation in the banking sector [4][5] Corporate Dynamics - iYunBao completed a C-round financing, attracting Canada’s Sun Life Financial as a strategic investor, marking a significant investment in the insurance technology sector [10] - Hebei Bank's shares have faced multiple failed auctions, indicating challenges in attracting bidders despite a reported revenue increase of approximately 22% year-on-year [9] - Huayi Payment has submitted a new listing application to the Hong Kong Stock Exchange, marking its third attempt, with a reported revenue increase of 8.54% but a net profit decrease of 9.31% [11]

Core Points - The China Securities Hong Kong Repurchase Index closed at 1010.10 points, showing a 10.57% increase over the past month, a 3.37% increase over the past three months, and a 13.56% increase year-to-date [1] - The index consists of 50 listed companies in Hong Kong with high repurchase ratios, reflecting the overall performance of these companies [1] Index Holdings - The top ten weighted companies in the index are: AIA Group (10.96%), HSBC Holdings (10.79%), Tencent Holdings (10.25%), Kuaishou-W (8.39%), Meituan-W (7.84%), Dongyue Group (7.07%), Swire Properties A (5.96%), Hang Seng Bank (5.83%), CSPC Pharmaceutical Group (4.58%), and China COSCO Holdings (4.38%) [1] - The index is fully composed of companies listed on the Hong Kong Stock Exchange, with a 100% allocation [1] Industry Breakdown - The industry composition of the index includes: Financials (29.30%), Communication Services (18.72%), Consumer Discretionary (13.02%), Health Care (12.53%), Materials (7.26%), Real Estate (7.11%), Industrials (6.92%), Information Technology (2.61%), Consumer Staples (1.55%), Energy (0.84%), and Utilities (0.14%) [2] - The index samples are adjusted quarterly, with adjustments occurring on the next trading day after the second Friday of March, June, September, and December [2]