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通告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 SHENWAN HONGYUAN (H.K.) LIMITED 218 股東特別大會通告 茲通告申萬宏源（香港）有限公司（「本公司」）謹訂於二零二五年九月一日（星期一）上午十 時正假座香港皇后大道東1號太古廣場三座六樓舉行股東特別大會，藉以考慮並酌情通過 下列決議案為本公司普通決議案： 普通決議案 「動議： - 1 - (a) 批准申萬宏源集團股份有限公司與本公司就持續關連交易（定義見香港聯合交易所有 限公司證券上市規則（「上市規則」））簽訂之合作備忘錄（「二零二五年申萬宏源集團備 忘錄」）（標為「Ａ」之副本已提呈大會上，並由大會主席簡簽以茲識別），據此擬進行 之一切交易以及本公司日期為二零二五年八月十二日之通函所示於截至二零二五年 十二月三十一日止四個月、截至二零二七年十二月三十一日止兩個年度各年及截至 二零二八年五月三十一日止五個月根據二零二五年申萬宏源集團備忘錄擬進行交易 之年度上限；及 (b) ...

Group 1 - The core point of the article highlights that at least 46 fully-owned subsidiaries of listed securities firms reported net profits exceeding 100 million yuan in 2021, with some subsidiaries outperforming many listed companies [2][3] - Haitong Securities' subsidiary Haitong Kaiyuan Investment leads with a net profit of 2.553 billion yuan, followed by CITIC Securities' subsidiary CITIC Securities Investment with 2.412 billion yuan, and Haitong Securities' Haitong Innovation with 1.683 billion yuan [2][3] - Among the 26 listed securities firms that have disclosed their 2021 annual reports, 19 reported net profits exceeding 1 billion yuan, indicating that 7 firms had lower profits than their subsidiaries [2][3] Group 2 - The article notes that the development of subsidiaries is a crucial aspect of the high-quality growth of the securities industry, with alternative investment subsidiaries showing significant profitability [3] - Four out of the eight subsidiaries with net profits over 1 billion yuan are from alternative investment sectors, demonstrating the success of these strategies [3] - The performance of subsidiaries varies significantly, with some achieving high profits while others report losses, particularly in international business segments [3] Group 3 - The growth of public funds managed by securities firms has become a significant profit source, with 23 public fund companies reporting their 2021 performance, and 16 of them achieving net profits over 100 million yuan [4][5] - Notable public funds include E Fund, which reported a net profit of 4.535 billion yuan, and Huitianfu Fund with 3.263 billion yuan, both showing substantial year-on-year growth [4][5] - Six public fund companies reported net profit growth exceeding 50%, contributing significantly to the overall performance of their parent securities firms [5][6] Group 4 - Five public fund subsidiaries contributed over 10% to the net profits of their parent securities firms, highlighting the importance of these funds in the overall profitability of the firms [6] - Contributions include 32.3% from Yinhua Fund to First Capital and 24.03% from Xingzheng Global Fund to Xingye Securities, showcasing the interdependence between securities firms and their fund subsidiaries [6]

Core Insights - The securities industry is accelerating its digital transformation, with financial technology evolving from a service role to a leading and empowering role [1] - A total of 22 listed securities firms have disclosed their information technology investments for 2021, amounting to 14.178 billion yuan, with each firm investing over 100 million yuan [1][2] Investment in Information Technology - The securities industry has significantly increased its investment in information technology, with cumulative investments reaching 84.5 billion yuan from 2017 to 2020, and the total is expected to exceed 100 billion yuan in the last five years [2] - Major firms like Huatai Securities, CICC, and others have invested over 1 billion yuan in 2021, with Huatai Securities leading at 2.228 billion yuan [2][3] - The proportion of IT investment relative to operating income is increasing, with Huayin Securities having the highest ratio at 25.17% [3] Talent and Human Resources - Talent is crucial for the digital transformation of financial institutions, with firms like招商证券 and 中信建投 employing over 1,000 IT personnel, representing more than 9% of their total workforce [4] - The industry recognizes the importance and urgency of digital transformation, but challenges such as unclear goals and a lack of digital talent remain [4] Information Security Concerns - Information security is a top priority, as the operation and maintenance of trading systems are critical for online business [5] - Despite significant investments in IT, firms like 招商证券 have faced information security incidents, highlighting the need for improved management and emergency response [5] - Regulatory measures have been updated to ensure timely and accurate reporting of cybersecurity incidents in the securities industry [6]

近日，北京证券交易所（简称"北交所"）、全国股转公司发布公告，根据《北京证券交易所全国中 小企业股份转让系统证券公司执业质量评价细则》，对证券公司2022年第二季度的执业质量情况进行了 评价。评价结果显示，在101家参评券商中，开源证券、中泰证券、安信证券、中信建投、申万宏源分 别位居前五。与一季度相比，东北证券、兴业证券、国元证券、华创证券等券商跌出前十。 公告显示，北交所、全国股转公司主办的季度券商执业质量评价体系由专业质量得分、合规质量扣 分两部分组成。根据评价结果，合计分值排名前十的券商分别为开源证券、中泰证券、安信证券、中信 建投、申万宏源、民生证券、东吴证券、国泰君安、浙商证券、国金证券。与一季度结果相比，二季度 前十券商位次有些变动。开源证券在一季度排名第六，二季度位居榜首。东吴证券一季度排第二位，二 季度则是第七位。中信建投一季度排35位，二季度排名第四。 评价结果显示，今年二季度，华福证券因为持续督导业务被扣10分，东北证券因为保荐业务、推荐 挂牌业务和持续督导业务这三项被扣7.71分，安信证券因为持续督导业务被扣7.29分，中信证券因为推 荐挂牌业务和做市业务被扣6分，财达证券、金圆统一均 ...

Group 1 - The company, Shenwan Hongyuan Hong Kong (00218.HK), announced that its board meeting will be held on August 22, 2025, at 11:30 AM in Hong Kong [1] - The purpose of the meeting includes the approval of the interim results announcement for the six months ending June 30, 2025, for the company and its subsidiaries [1] - The board will also consider the proposal for the distribution of an interim dividend, if any [1]

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告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或 因依賴該等內容而引致的任何損失承擔任何責任。 SHENWAN HONGYUAN (H.K.) LIMITED 申 萬 宏 源 （ 香 港 ） 有 限 公 司 （於香港註冊成立之有限公司） （股份代號：218） 董事局會議召開日期 申萬宏源(香港)有限公司(「本公司」)宣布，本公司董事局（「董事局」）會議將於二零二五 年八月二十二日(星期五)上午十一時三十分在香港皇后大道東 1 號太古廣場三座六樓舉行， 藉以(其中包括)批准刊發本公司及其附屬公司截至二零二五年六月三十日止六個月的中期業 績公告，以及考慮派發中期股息之建議(如有)。 承董事局命 申萬宏源（香港）有限公司 執行董事兼行政總裁 梁鈞 香港，二零二五年八月八日 於本公告日期，董事局由九位董事組成，其中吳萌女士、談偉軍先生、梁鈞先生及胡憬先生 為執行董事；張磊先生及張英女士為非執行董事；而郭琳廣先生、劉持金先生及趙麗娟女士 先生為獨立非執行董事。 1 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 智通财经8月5日讯（记者 高艳云）近期，沪指在3600点关口附近持续震荡，市场情绪有所波动。包括 招商证券、中信证券、中信建投、银河证券等在内的多家头部券商陆续发布研报，表达对市场中长期向 好的坚定信心。 中信证券官方微信公众号直言"坐稳扶好"，同时发文指出"牛市，也会换挡""3600点以上，波动加大"。 撰文用语还颇为"鸡汤"，道理与逻辑十足，比如"记住，对于大部分普通人来说，要掌握的不是牛市赚 钱的技能，而是终其一生、穿越各种周期性波动的、财富稳健增长的能力。"值得注意的是，该文又是 一篇"10万+"，且转发过万。 中信建投资深策略分析师夏凡捷直言，全球货币宽松和A股资金面充裕的环境不变，投资者的牛市预期 不变，新赛道的结构性景气不变。阶段性震荡整固，有利于A股慢牛行情行稳致远。 银河证券首席策略分析师杨超称，市场交投活跃度整体仍处于较高水平，预计市场维持在震荡偏高中枢 运行，关注结构性机会。中长期来看，市场向好趋势不改。 华泰证券分析师何康认为，目前赚钱效应已回调至7月中旬位置，市场抛压相对可控，短期A股或进入 波动率放大的平台期 ...

Group 1 - The core announcement is that Zhang Qichang will resign as the company secretary and authorized representative effective from August 5, 2025 [1] - Lian Shao'e has been appointed as the new company secretary and authorized representative [1]

申万宏源香港(00218)发布公告，自2025年8月5日起，张启昌先生辞任公司秘书兼授权代表;及练少娥女 士已获委任为公司秘书及授权代表。 ...

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告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 SHENWAN HONGYUAN (H.K.) LIMITED 申 萬 宏 源 （ 香 港 ） 有 限 公 司 （於香港註冊成立之有限公司） （股份代號：218） 公司秘書兼授權代表之變更 董事局謹此宣佈自二零二五年八月五日起生效， (1)張啟昌先生辭任公司秘書兼授權代表；及 (2)練少娥女士已獲委任為公司秘書及授權代表。 公司秘書兼授權代表之變更 申萬宏源（香港）有限公司（「本公司」，連同其附屬公司統稱為「本集團」）董事局（「董事 局」）謹此宣佈張啟昌先生（「張先生」）已辭任本公司之公司秘書（「公司秘書」）兼香港聯合 交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第 3.05 條所規定之本公司授權 代表（「授權代表」），自二零二五年八月五日起生效。 張先生確認，其與董事會並無任何意見分歧，亦無有關其辭任之其他事宜須提請本公司股東 垂注。 董事會宣佈練少娥女士（「練女士」）已獲委任為公司秘書 ...