钢铁股涨幅居前，截至发稿，中国东方集团(00581)涨6.67%，报1.44港元；马鞍山钢铁股份(00323)涨 6.92%，报2.78港元；鞍钢股份（000898）(00347)涨5.96%，报2.31港元；重庆钢铁（601005）股份 (01053)涨2.88%，报1.43港元。 国泰海通证券发布研报称，地产对钢铁需求的负向拖拽影响已明显减弱，需求有望逐步触底；供给端即 便不考虑供给政策，目前行业亏损时间已经较长，供给的市场化出清已开始出现，预期钢铁行业基本面 有望逐步修复。而若供给政策落地，行业供给的收缩速度更快，行业上行的进展将更快展开。 信达证券（601059）则表示，反内卷背景下，通过安全生产监查及抑制无序竞争和过剩产能释放，钢铁 行业产能管理有望进一步加强。我们认为，在海外关税影响下，出口占比较低的普钢公司受影响较小， 叠加国家"稳增长"政策下，房地产、基建等行业用钢需求有望边际改善。当前，普钢吨钢利润可观，在 行业"反内卷"背景下，普钢公司业绩改善空间较大，有望迎来价值修复，钢铁板块亦有望迎来配置良 机。 ...

智通财经APP获悉，钢铁股涨幅居前，截至发稿，中国东方集团(00581)涨6.67%，报1.44港元；马鞍山 钢铁股份(00323)涨6.92%，报2.78港元；鞍钢股份(00347)涨5.96%，报2.31港元；重庆钢铁股份(01053) 涨2.88%，报1.43港元。 信达证券则表示，反内卷背景下，通过安全生产监查及抑制无序竞争和过剩产能释放，钢铁行业产能管 理有望进一步加强。我们认为，在海外关税影响下，出口占比较低的普钢公司受影响较小，叠加国 家"稳增长"政策下，房地产、基建等行业用钢需求有望边际改善。当前，普钢吨钢利润可观，在行 业"反内卷"背景下，普钢公司业绩改善空间较大，有望迎来价值修复，钢铁板块亦有望迎来配置良机。 国泰海通证券发布研报称，地产对钢铁需求的负向拖拽影响已明显减弱，需求有望逐步触底；供给端即 便不考虑供给政策，目前行业亏损时间已经较长，供给的市场化出清已开始出现，预期钢铁行业基本面 有望逐步修复。而若供给政策落地，行业供给的收缩速度更快，行业上行的进展将更快展开。 ...

Group 1 - The core viewpoint of the news is that Angang Steel's stock has experienced fluctuations, with a recent decline of 2.15% and a year-to-date increase of 13.75% [1] - As of October 14, Angang Steel's stock price is 2.73 yuan per share, with a total market capitalization of 25.578 billion yuan [1] - The company has seen a net outflow of main funds amounting to 20.9857 million yuan, with significant selling pressure observed [1] Group 2 - For the first half of 2025, Angang Steel reported operating revenue of 48.599 billion yuan, a year-on-year decrease of 12.35%, while the net profit attributable to shareholders was -1.144 billion yuan, an increase of 57.46% year-on-year [2] - The company has distributed a total of 21.437 billion yuan in dividends since its A-share listing, with a cumulative payout of 6.39239 million yuan over the past three years [3] - As of June 30, 2025, the number of shareholders for Angang Steel is 96,100, reflecting a decrease of 2.29% from the previous period [2]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 鞍鋼股份有限公司(備註1) 公司為在中華人民共和國註冊成立之股份有限公司。 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00347 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,411,540,000 | RMB | | 1 RMB | | 1,411,540,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 1,411,540,000 | RMB | | 1 RMB | | 1,411,540,000 | ...

Group 1 - The strong performance of Hong Kong stocks and Chinese concept stocks has attracted widespread attention from investors, with the Hang Seng Index surpassing 27,000 points and the Hang Seng Tech Index reaching a new high since November 2021 [1] - The market rebound is attributed to multiple factors, including expectations of potential interest rate cuts by the Federal Reserve, as evidenced by a decrease of 32,000 jobs in the U.S. private sector in September, which was significantly below market expectations [1] - In the Hong Kong market, technology stocks, semiconductors, and gold stocks led the gains, with SMIC rising by 12.70%, driven by optimism surrounding AI and high-tech infrastructure development [1] Group 2 - Analysts maintain an optimistic outlook for the Hong Kong stock market, anticipating continued upward movement due to policy easing and external liquidity expectations, particularly in the context of ongoing AI industry trends and the increasing likelihood of Federal Reserve rate cuts [2] - The U.S. stock market is also benefiting from the AI boom, with technology stocks, especially those related to AI, performing exceptionally well despite the federal government budget impasse [2] - Chinese concept stocks in the U.S. market are seeing notable performance, particularly in the technology and AI sectors, with companies like Alibaba, NIO, and Baidu experiencing stock price increases [2] Group 3 - The long-term allocation value of Hong Kong stocks is considered high due to their low valuation levels and unique asset allocation in internet, new consumption, and innovative pharmaceuticals [3] - Overall, the market sentiment remains optimistic for Hong Kong and Chinese concept stocks, with investors closely monitoring international capital flows and developments in the technology sector to identify potential investment opportunities [3]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 鞍鋼股份有限公司(備註1) 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 本月底法定/註冊股本總額： RMB 9,369,221,258 備註： 第 1 頁 共 12 頁 v 1.1.1 FF301 公司為在中華人民共和國註冊成立之股份有限公司。 FF301 第 2 頁 共 12 頁 v 1.1.1 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00347 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,411,540,000 | RMB | | 1 RMB | | 1,411,540,000 | | 增加 / 減少 ...

Core Viewpoint - Ansteel Corporation's stock has shown a positive trend with a 10.83% increase year-to-date and a 2.31% rise on September 30, 2023, indicating investor confidence despite recent financial challenges [1][2]. Group 1: Stock Performance - As of September 30, 2023, Ansteel's stock price reached 2.66 CNY per share, with a trading volume of 36.857 million CNY and a turnover rate of 0.18%, resulting in a total market capitalization of 24.922 billion CNY [1]. - The stock has increased by 5.14% over the last five trading days, 1.14% over the last twenty days, and 4.31% over the last sixty days [1]. Group 2: Financial Performance - For the first half of 2025, Ansteel reported a revenue of 48.599 billion CNY, a year-on-year decrease of 12.35%, while the net profit attributable to shareholders was -1.144 billion CNY, showing a significant year-on-year increase of 57.46% [2]. - Cumulative cash dividends since A-share listing amount to 21.437 billion CNY, with a total of 6.392 million CNY distributed over the past three years [2]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Ansteel was 96,100, a decrease of 2.29% from the previous period, with an average of 0 circulating shares per shareholder [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 52.675 million shares (a decrease of 15.5204 million shares), and Southern CSI 500 ETF, holding 35.781 million shares (an increase of 5.1317 million shares) [2].

Core Viewpoint - Hong Kong steel stocks experienced significant gains in the afternoon trading session on September 29, with multiple companies showing notable increases in their stock prices [1] Company Summaries - China Hanking Holdings (03788.HK) saw its stock price rise by 5.3%, reaching HKD 4.37 [1] - Maanshan Iron & Steel Company (00323.HK) increased by 4.92%, with a stock price of HKD 2.56 [1] - China Oriental Group (00581.HK) rose by 4.69%, trading at HKD 1.34 [1] - Ansteel Company (00347.HK) experienced a 4.33% increase, with its stock priced at HKD 2.17 [1]

Group 1 - Steel stocks saw significant gains, with China Hanking (03788) up 5.3% to HKD 4.37, Maanshan Iron & Steel (00323) up 4.92% to HKD 2.56, China Oriental Group (00581) up 4.69% to HKD 1.34, and Ansteel (00347) up 4.33% to HKD 2.17 [1] - The Ministry of Industry and Information Technology and other departments issued the "Steel Industry Stabilization and Growth Work Plan (2025-2026)" on September 22, setting an average annual growth target of around 4% for the steel industry's added value over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition," providing a pathway for structural adjustment and high-quality development in China's steel industry [1] - The work plan includes measures for precise control of capacity and output, promoting graded management of steel enterprises, prohibiting new capacity, and guiding resource allocation towards competitive enterprises to achieve dynamic balance between supply and demand [1] Group 2 - Guosheng Securities reported that from January to August 2025, the total profit of large-scale industrial enterprises nationwide reached CNY 46,929.7 million, a year-on-year increase of 0.9% [2] - The profit of the black metal smelting and rolling processing industry totaled CNY 837 million from January to August, compared to a loss of CNY 169.7 million in the same period last year [2] - In August 2025, the industry's profit reached CNY 193.4 million, an increase of CNY 12.6 million from the previous month, marking a new monthly profit high for the year [2] - The industry's profit is expected to continue improving due to supply-side adjustments and expectations of transformation and upgrading, along with a trend of improving demand, indicating a positive long-term outlook for steel fundamentals [2]

Group 1 - Steel stocks saw significant gains in the afternoon, with China Hanking (03788) up 5.3% to HKD 4.37, Maanshan Iron & Steel (00323) up 4.92% to HKD 2.56, China Oriental Group (00581) up 4.69% to HKD 1.34, and Ansteel (00347) up 4.33% to HKD 2.17 [1] - The Ministry of Industry and Information Technology and other departments issued the "Steel Industry Growth Stabilization Work Plan (2025-2026)" on September 22, setting an average annual growth target of around 4% for the steel industry's added value over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition," providing a clear implementation path for structural adjustment and high-quality development in China's steel industry [1] Group 2 - From January to August 2025, profits of large-scale industrial enterprises reached CNY 46,929.7 million, a year-on-year increase of 0.9% [2] - The black metal smelting and rolling industry reported a total profit of CNY 837 million from January to August 2025, compared to a loss of CNY 169.7 million in the same period last year [2] - In August 2025, the industry's profit reached CNY 193.4 million, an increase of CNY 12.6 million from the previous month, marking a new monthly profit high for the year [2] - The industry's profit is expected to continue improving due to supply-side adjustments and transformation upgrades, along with a trend of improving demand, indicating a positive long-term outlook for steel fundamentals [2]