Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2][3] Summary by Category Increase in Holdings - Longpan Technology (02465) saw an increase of 1.64%, bringing its latest holding percentage to 53.40% [2] - Zhongzhou Securities (01375) increased by 1.45%, with a new holding percentage of 62.41% [2] - Everbright Securities (06178) rose by 1.25%, now holding 27.57% [2] - ZTE Corporation (00763) experienced a 1.16% increase, reaching 56.02% [2] - The top three companies with the largest increases over the last five trading days were ZTE Corporation (8.07%), Beijing Jingcheng Machinery Electric (7.14%), and Longpan Technology (6.75%) [3] Decrease in Holdings - Suton Juchuang (02498) had the largest decrease at -1.78%, with a holding percentage of 29.17% [2] - Chongqing Steel (01053) decreased by -1.31%, now at 31.16% [2] - Shanghai Fudan (01385) saw a reduction of -1.17%, with a holding percentage of 38.79% [2] - The largest decreases over the last five trading days were recorded by the Yingfu Fund (02800) at -6.38%, Nanjing Panda Electronics (00553) at -3.31%, and Southern Hengsheng Technology (03033) at -3.00% [3] Notable Trends - Over the last 20 days, Changfei Optical Fiber (06869) had the highest increase in holdings at +17.79%, now at 56.42% [4] - The company Yisou Technology (02550) recorded the largest decrease at -7.72%, with a holding percentage of 48.49% [4]

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分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。 茲 提 述 重 慶 鋼 鐵 股 份 有 限 公 司（「本公司」）日 期 為2025年8月14日 的 公 告， 內容有關本公司將於2025年8月29日 舉 行 董 事 會 會 議。本 公 司 謹 此 宣 佈， 董事會會議日期將更改為2025年8月27日。有 關 董 事 會 會 議 的 其 他 資 料 維 持 不 變。 承董事會命 重慶鋼鐵股份有限公司 匡雲龍 董事會秘書 更改董事會會議日期 中 國 重 慶，2025年8月25日 於 本 公 告 日 期，本 公 司 的 董 事 為：王 虎 祥 先 生（執 行 董 事）、孟 文 旺 先 生（執 行 董 事）、匡 雲 龍 先 生（執 行 董 事）、宋 德 安 先 生（非 執 行 董 事）、林 長 春 先 生（非 執 行 董 事）、周 平 先 生（非 執 行 董 事）、盛 學 軍 先 生（獨 立 ...

Group 1 - The stock price of Chongqing Steel is reported at 1.51 yuan as of August 21, 2025, remaining stable compared to the previous trading day, with a trading volume of 1.5953 million hands and a transaction amount of 241 million yuan [1] - Chongqing Steel operates in the steel industry, primarily engaged in the production and sales of steel products, which are widely used in construction and machinery manufacturing [1] - The recent announcement by the U.S. to impose a 50% tariff on 407 categories of steel and aluminum derivatives is expected to have a limited direct impact on Chinese steel companies, as only 0.7% of China's steel exports went to the U.S. in the first half of 2025 [1] Group 2 - Chongqing Steel indicated in its semi-annual report forecast that losses have decreased in the first half of the year [1] - On August 21, 2025, the net inflow of main funds into Chongqing Steel was 23.7737 million yuan, accounting for 0.19% of the circulating market value, with a cumulative net inflow of 48.1723 million yuan over the past five trading days, representing 0.38% of the circulating market value [1]

Group 1 - The core viewpoint indicates that the steel industry is facing a contradiction between strong supply capacity and weakened demand intensity, leading to a recovery in profits but insufficient sustainability [1] - As of late July 2025, the inventory of key steel enterprises was 14.78 million tons, a decrease of 880,000 tons (5.6%) from the previous period, but an increase of 2.41 million tons (19.5%) from the beginning of the year [1] - In the first half of the year, the cumulative operating income of key steel enterprises was 299.85 billion yuan, a year-on-year decrease of 5.79%, while total profits increased by 63.26% to 59.2 billion yuan [1] Group 2 - The report from Guotai Junan suggests that demand is expected to gradually bottom out, and the market-driven supply clearance in the steel industry has begun, indicating a potential recovery [2] - According to CITIC Securities, from January to July, China's steel exports reached 67.98 million tons, a year-on-year increase of 11.4%, driven by emerging market expansion and high-tech product competitiveness [2] - Recent policies signal an acceleration in capacity governance across multiple industries, including steel, with expectations for market elimination and technological replacement to optimize production [1][2] Group 3 - Related Hong Kong stocks in the steel sector include Maanshan Iron & Steel (00323), Ansteel (00347), China Oriental Group (00581), Iron Ore (01029), and Chongqing Iron & Steel (01053) [3]

格隆汇8月14日丨重庆钢铁股份(01053.HK)公告，将于2025年8月29日举行董事会会议，以审议及批准公 司及其附属公司截至2025年6月30日止6个月未经审计的2025年半年度业绩及其他事宜(如有)。 ...

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分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。 承董事會命 重慶鋼鐵股份有限公司 匡雲龍 董事會秘書 中 國 重 慶，2025年8月14日 於 本 公 告 日 期，本 公 司 的 董 事 為：王 虎 祥 先 生（執 行 董 事）、孟 文 旺 先 生（執 行 董 事）、匡 雲 龍 先 生（執 行 董 事）、宋 德 安 先 生（非 執 行 董 事）、林 長 春 先 生（非 執 行 董 事）、周 平 先 生（非 執 行 董 事）、盛 學 軍 先 生（獨 立 非 執 行 董 事）、 唐 萍 女 士（獨 立 非 執 行 董 事）及 郭 傑 斌 先 生（獨 立 非 執 行 董 事） 董事會會議通知 重 慶 鋼 鐵 股 份 有 限 公 司（「本公司」）謹 此 宣 佈，將 於2025年8月29日舉行董 事 會 會 議，以 審 議 及 批 准 本 公 司 及 其 附 屬 公 司 截 至2025年6月3 ...

Group 1 - Steel stocks experienced a broad decline today, with Angang Steel (00347) down 6.01% to HKD 2.19, Maanshan Steel (00323) down 3.95% to HKD 2.43, and Chongqing Steel (01053) down 3.4% to HKD 1.42 [1] - Huatai Securities anticipates that the steel industry's prosperity will improve from Q3 2024 to the first half of 2025 through voluntary production cuts, reducing the urgency for short-term anti-involution measures [1] - Future policies will likely depend on the government's strategic positioning regarding the steel industry's anti-involution approach [1] Group 2 - The increase in the steel sector from January to July 2025 is primarily driven by expectations surrounding anti-involution policies, which have not yet entered the execution phase [1] - Expectations of anti-involution have led to significant increases in coking coal and iron ore prices, further eroding steel profits and potentially forcing steel mills to implement anti-involution measures [1]

Group 1 - Steel stocks experienced a broad decline today, with Angang Steel falling by 6.01% to HKD 2.19, Maanshan Steel down by 3.95% to HKD 2.43, and Chongqing Steel decreasing by 3.4% to HKD 1.42 [1] - Huatai Securities anticipates that the steel industry's prosperity will improve from Q3 2024 to H1 2025 through voluntary production cuts, reducing the urgency for short-term anti-involution measures [1] - Future policies will likely depend on the government's strategic positioning regarding the steel industry's anti-involution approach [1] Group 2 - The increase in the steel sector from January to July 2025 is primarily driven by expectations surrounding anti-involution policies, which have not yet entered the execution phase [1] - Expectations of anti-involution have led to significant increases in coking coal and iron ore prices, which have eroded steel profits and may compel steel mills to implement anti-involution measures [1]

Core Viewpoint - The steel sector is experiencing a widespread decline, with major companies like Ansteel, Maanshan Steel, and Chongqing Steel seeing significant drops in their stock prices. The outlook for the industry is expected to improve from Q3 2024 to H1 2025 due to voluntary production cuts, which may reduce the urgency for short-term anti-competitive measures [1] Industry Summary - Steel stocks have fallen sharply today, with Ansteel down 6.01% to HKD 2.19, Maanshan Steel down 3.95% to HKD 2.43, and Chongqing Steel down 3.4% to HKD 1.42 [1] - Huatai Securities anticipates that the steel industry's prosperity will improve through self-initiated production cuts from Q3 2024 to H1 2025, which may lessen the immediate need for anti-competitive policies [1] - The expectation of anti-competitive measures has led to significant increases in coking coal and iron ore prices, which have further eroded steel profits and may compel steel mills to implement anti-competitive measures [1]

格隆汇8月12日丨重庆钢铁(601005.SH)在互动平台表示，目前公司在西藏暂未开展相关业务。 ...