Core Viewpoint - Orient Overseas International (00316) announced the passing of its independent non-executive director and member of the audit committee and strategic development committee, Mr. Su Kin Leung, who will pass away on December 13, 2025 [1] Group 1 - The company has reported the death of a key board member, which may impact its governance structure [1] - Mr. Su Kin Leung served as an independent non-executive director, indicating his role in overseeing company operations and strategic decisions [1] - The announcement highlights the importance of board composition and the potential need for succession planning within the company [1]

Core Viewpoint - Orient Overseas International (00316) announced the passing of its independent non-executive director and member of the audit committee and strategic development committee, Mr. Su Kin Leung, on December 13, 2025 [1] Company Summary - The company has reported the death of a key board member, which may impact its governance and strategic direction moving forward [1] - Mr. Su Kin Leung held significant roles within the company, indicating his influence on its operations and decision-making processes [1]

東方海外（國際）有限公司（「本公司」）董事會成員如下： 執行董事 萬敏先生 （主席） 張峰先生 （行政總裁） 陶衛東先生 非執行董事 董立均先生 于福林先生 王丹女士 葉承智先生 ORIENT OVERSEAS (INTERNATIONAL) LIMITED 獨立非執行董事 東 方 海 外（國 際）有 限 公 司* （於百慕達註冊成立之成員有限責任公司） （股份代號： 316） 董事名單與其角色和職能 附註： C 有關董事委員會的主席 M 有關董事委員會的成員 香港，2025年12月15日 * 僅供識別 鄒耀華先生 （首席獨立非執行董事） 鍾瑞明博士 楊良宜先生 陳纓女士 陳虹先生 下表載列本公司九個董事委員會之成員。 | 董事委員會 | 執行委員會 | 核數委員會 | 薪酬委員會 | 提名委員會 | 合規委員會 | 內幕消息 | 風險委員會 | 戰略發展 | 可持續發展 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 董事 | | | | | | 委員會 | | 委員會 | 委員會 | | 萬敏先生 | C | | | C ...

東 方 海 外（國 際）有 限 公 司* （於百慕達註冊成立之成員有限責任公司） 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。 ORIENT OVERSEAS (INTERNATIONAL) LIMITED 東方海外（國際）有限公司 公司秘書 肖俊光 香港，2025 年 12 月 15 日 於本公告日期，本公司之董事為： 執行董事： 萬敏先生、張峰先生及陶衛東先生 非執行董事： 董立均先生、于福林先生、王丹女士及葉承智先生 獨立非執行董事： 鄒耀華先生、鍾瑞明博士、楊良宜先生、陳纓女士及陳虹先生 （股份代號：316） 獨立非執行董事辭世 東方海外（國際）有限公司（「本公司」）董事會（「董事會」）沉痛宣佈，本公司 獨立非執行董事以及核數委員會及戰略發展委員會成員蘇錦樑先生於 2025 年 12 月 13 日辭世。 蘇先生自 2019 年起出任本公司獨立非執行董事，於任期內對本公司作出寶貴貢獻。董 事會謹代表本公司衷心感謝蘇先生對本公司的貢獻和付出，並 ...

Core Viewpoint - The Hong Kong High Dividend ETF (159302) has shown a positive performance with a year-to-date increase in scale despite a slight decrease in shares outstanding, indicating strong investor interest in high dividend yielding assets [1][2]. Group 1: Fund Performance - As of December 15, the Hong Kong High Dividend ETF (159302) closed up 0.38% with a trading volume of 13.0572 million yuan [1]. - The fund was established on August 23, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - The fund's performance benchmark is the China Securities Hong Kong Stock Connect High Dividend Investment Index, adjusted for valuation exchange rates [1]. Group 2: Fund Size and Liquidity - As of December 12, the latest share count for the fund was 10.3 million shares, with a total size of 136 million yuan [1]. - Compared to December 31, 2024, the fund's shares decreased by 5.06%, while its size increased by 12.53% [1]. - Over the last 20 trading days, the cumulative trading amount was 351 million yuan, with an average daily trading amount of 17.5693 million yuan [1]. - Year-to-date, the cumulative trading amount reached 3.056 billion yuan, with an average daily trading amount of 13.23 million yuan [1]. Group 3: Fund Holdings - The current fund manager is Zhang Yichi, who has managed the fund since its inception, achieving a return of 31.65% during his tenure [2]. - Major holdings include COSCO Shipping Holdings (7.63%), Yancoal Australia (5.59%), and Orient Overseas International (5.05%), among others, with significant positions in various sectors [2].

Core Viewpoint - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) experienced significant net redemptions, indicating a trend of outflow in the cross-border ETF market [1][2] Group 1: Fund Performance - On December 12, the ETF faced net redemptions of 2.0134 million yuan, ranking 19th out of 200 in terms of cross-border ETF net outflows [1] - The latest fund size is 685 million yuan, up from 682 million yuan the previous day, with a net outflow representing 0.30% of the previous day's size [1] - Over the past 5 days, the ETF saw net redemptions totaling 3.0162 million yuan, ranking 27th out of 200 [1] - In the last 10 days, net redemptions reached 23.5849 million yuan, ranking 14th out of 200 [1] - Over the past 20 days, the total net redemptions amounted to 31.8381 million yuan, ranking 17th out of 200 [1] Group 2: Fund Management and Holdings - The fund is managed by Liu Tingyu and Cai Leping, with Liu managing since July 23, 2025, achieving a return of 1.19%, while Cai has managed since November 5, 2025, with a return of -1.59% [2] - The ETF's top holdings include COSCO Shipping Holdings (6.08%), China Nonferrous Mining (3.25%), and China National Offshore Oil Corporation (2.54%), among others, with significant positions in various state-owned enterprises [2] - The fund's management fee is 0.50% annually, and the custody fee is 0.10% annually [1] Group 3: Market Comparison - The ETF is part of a group of funds tracking the Central State-Owned Enterprises Dividend Index, which includes other ETFs such as Huaxia and Wanji [2] - As of December 12, the fund's size is 685 million yuan, with a recent average daily trading volume of 15.0941 million yuan over the last 20 trading days [2] - The fund's recent net subscription figures indicate a trend of outflows, with a net subscription of -0.02 billion yuan over the past month [2]

Core Viewpoint - The Wanjiac Zhongzheng Hong Kong Stock Connect Central State-Owned Enterprise Dividend ETF (159333) has shown a positive performance with a year-to-date return of 45.84% under the management of Yang Kun since its inception on August 21, 2024 [2] Fund Overview - The fund was established on August 21, 2024, with a management fee of 0.50% and a custody fee of 0.10% [1] - As of December 11, 2024, the fund's total shares stood at 390 million, with a total size of 558 million yuan [1] - The fund's performance benchmark is the China Securities Hong Kong Stock Connect Central State-Owned Enterprise Dividend Index return (adjusted for valuation exchange rate) [1] Performance Metrics - The fund's shares decreased by 9.51% from 431 million shares at the end of 2024 to 390 million shares, while the total size increased by 8.70% from 514 million yuan to 558 million yuan [1] - Over the last 20 trading days, the cumulative trading amount reached 363 million yuan, with an average daily trading amount of 18.15 million yuan [1] - Year-to-date, the cumulative trading amount for 230 trading days was 8.424 billion yuan, with an average daily trading amount of 36.63 million yuan [1] Top Holdings - The ETF's top holdings include: - COSCO Shipping Holdings (6.02% of holdings) - China Nonferrous Mining (3.22%) - China Ocean Shipping (3.00%) - Orient Overseas International (2.95%) - CITIC Bank (2.67%) - China Petroleum (2.63%) - China Shenhua Energy (2.57%) - People's Insurance Group of China (2.55%) - CNOOC (2.51%) - Agricultural Bank of China (2.27%) [2]

Core Viewpoint - COSCO Shipping Holdings (中远海控) has adjusted the equity structure of its subsidiary, Orient Overseas International, through an internal share transfer, maintaining its overall ownership percentage without changing the actual control relationship [1]. Group 1: Stock Performance - As of December 12, 2025, COSCO Shipping Holdings closed at 14.98 yuan, down 0.33% from the previous trading day, with a total market capitalization of 232.037 billion yuan [1]. - The stock opened at 15.05 yuan, reached a high of 15.12 yuan, and a low of 14.98 yuan, with a trading volume of 1.323 billion yuan and a turnover rate of 0.7% [1]. Group 2: Equity Structure Adjustment - On December 11, 2025, COSCO Shipping Holdings' wholly-owned subsidiary, COSCO Shipping Hong Kong, acquired 469,344,972 shares of Orient Overseas International from its wholly-owned subsidiary, Faulkner Global [1]. - Following this adjustment, COSCO Shipping Hong Kong directly holds approximately 71.07% of Orient Overseas International's shares, with no change in the overall shareholding quantity or percentage [1]. - The equity structure adjustment involves only a share transfer between wholly-owned subsidiaries and does not alter the actual control relationship, having received a waiver from the Hong Kong Securities and Futures Commission regarding the obligation for a general offer [1].

ORIENT OVERSEAS (INTERNATIONAL) LIMITED 東 方 海 外（國 際）有 限 公 司* （於百慕達註冊成立之成員有限責任公司） （股份代號： 316） 董事名單與其角色和職能 | 董事委員會 | | | | | | 內幕消息 | | 戰略發展 | 可持續發展 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 執行委員會 | 核數委員會 | 薪酬委員會 | 提名委員會 | 合規委員會 | 委員會 | 風險委員會 | 委員會 | 委員會 | | 董事 | | | | | | | | | | | 萬敏先生 | C | | | C | | | | | | | 張峰先生 | M | | M | | | C | C | C | C | | 陶衛東先生 | M | | | | | M | M | M | M | | 董立均先生 | | | | | | M | M | | M | | 于福林先生 | | | | M | | | M | | | | 王丹女士 | | | | | | | M | | | | 葉 ...

Group 1 - The core point of the article is that China COSCO Shipping Holdings Co., Ltd. announced a share transfer involving its wholly-owned subsidiary, COSCO Shipping Hong Kong, acquiring 469,344,972 shares of Orient Overseas International, representing approximately 71.07% of the total issued share capital of Orient Overseas International [1] Group 2 - The share transfer is conducted through a negotiated agreement and only involves the transfer between wholly-owned subsidiaries, meaning the overall shareholding quantity and percentage remain unchanged [1]