Core Insights - LILANZ has opened its first store featuring the cutting-edge "Future Business" retail concept in Pavilion Bukit Jalil, Kuala Lumpur, marking its second store in Malaysia and a significant step in its internationalization process [1][3] Store Concept and Design - The new store spans approximately 4,350 square feet and is designed as a "Future Commuting Hub," embodying the aesthetic of "Surreal Future Business" while integrating the brand's philosophy of "Simple Yet Not Simple" into the overall spatial narrative [3] - The store's design incorporates local cultural elements and modern architectural language, creating an immersive experience through movement and light [3] Product Offering - The 2025 Autumn/Winter collection has been launched at the new store, continuing the brand's three core concepts: SMART (Business Casual), URBANCASUAL (Urban Leisure), and PERFORMANCEWEAR (Functional Business Travel), catering to modern men's diverse dressing needs [5] Market Strategy - The opening of the Pavilion Bukit Jalil store complements the earlier launch of the LILANZ store at Genting World, creating a strategic network that targets different customer segments [7] - The Genting store has benefited from tourist traffic, enhancing brand visibility among international visitors, while the Pavilion store is located in a high-end shopping center with significant daily foot traffic, attracting local middle to high-income consumers and young elites [7] Localization and Customer Feedback - The new store's design incorporates local materials, such as Malaysian bamboo, adding a natural touch and cultural resonance, which has received positive feedback from initial customers [9] International Expansion Strategy - LILANZ's expansion in Malaysia aligns with its "multi-brand, internationalization" strategy, allowing the brand to reach diverse consumer groups [10] - The brand continues to strengthen its core positioning in business menswear while targeting younger consumers with its LESS IS MORE line, which offers more design-oriented and fashionable products [10] Future Plans - LILANZ aims to deepen its presence in the Malaysian market and use it as a base for systematic expansion in Southeast Asia through ongoing store network growth and operational optimization [13]

Core Insights - The article highlights the top short-selling ratios and amounts for various companies, indicating significant market sentiment against these stocks [1][2]. Short-Selling Ratios - Lenovo Group-R (80992) has the highest short-selling ratio at 89.80% with a short-selling amount of 194.85 thousand [2]. - JD Group-SWR (89618) follows with a short-selling ratio of 82.03% and an amount of 18.12 thousand [2]. - Xiaomi Group-WR (81810) ranks third with a short-selling ratio of 69.31% and a short-selling amount of 150.53 thousand [2]. Short-Selling Amounts - Tencent Holdings (00700) leads in short-selling amount with 1.774 billion, representing a short-selling ratio of 18.90% [2]. - Alibaba-SW (09988) is second with a short-selling amount of 1.675 billion and a ratio of 17.89% [2]. - Pop Mart (09992) ranks third with a short-selling amount of 869 million and a ratio of 15.69% [2]. Deviation Values - Xiaomi Group-WR (81810) has the highest deviation value at 37.71%, indicating a significant difference from its past average short-selling ratio [2]. - Wynn Macau (01128) follows with a deviation value of 30.40% [2]. - Midea Group (N23078) ranks third with a deviation value of 23.49% [2].

Core Insights - The article highlights the top short-selling stocks in the market, with Anta Sports, JD Group, and Tencent Holdings leading in short-selling ratios at 100.00%, 100.00%, and 95.83% respectively [1][2] - Alibaba, Xiaomi, and Pop Mart have the highest short-selling amounts, with figures of 1.746 billion, 1.525 billion, and 1.523 billion respectively [1][2] - The deviation values, which indicate the difference between current short-selling ratios and the average over the past 30 days, show Alibaba, Tencent, and JD Group at 50.20%, 42.97%, and 42.21% respectively [1][2] Short-Selling Ratio Rankings - Anta Sports-R (82020) and JD Group-SWR (89618) both have a short-selling ratio of 100.00%, while Tencent Holdings-R (80700) follows closely at 95.83% [2] - The short-selling amounts for the top three stocks are: Anta Sports-R at 59,000, JD Group-SWR at 636,800, and Tencent Holdings-R at 1,332,200 [2] Short-Selling Amount Rankings - Alibaba-SW (09988) leads with a short-selling amount of 1.746 billion, followed by Xiaomi Group-W (01810) at 1.525 billion and Pop Mart (09992) at 1.523 billion [2] - Other notable mentions include Tencent Holdings (00700) with 1.369 billion and Kuaishou-W (01024) with 710 million [2] Deviation Value Rankings - Alibaba-SWR (89988) has the highest deviation value at 50.20%, indicating a significant difference from its historical average short-selling ratio [2] - Tencent Holdings-R (80700) and JD Group-SWR (89618) also show high deviation values of 42.97% and 42.21% respectively [2]

Short Selling Ratios - Anta Sports (82020) has the highest short selling ratio at 100.00% with a short selling amount of 440,500 HKD [1][2] - Lenovo Group (80992) follows with a short selling ratio of 88.65% and a short selling amount of 803,600 HKD [1][2] - Xiaomi Group (81810) ranks third with a short selling ratio of 75.57% and a short selling amount of 1,474,100 HKD [1][2] Short Selling Amounts - Alibaba (09988) leads in short selling amount with 2.261 billion HKD and a short selling ratio of 16.63% [1][2] - Tencent Holdings (00700) is second with a short selling amount of 1.662 billion HKD and a short selling ratio of 19.83% [1][2] - Semiconductor Manufacturing International Corporation (00981) ranks third with a short selling amount of 926 million HKD and a short selling ratio of 10.37% [1][2] Deviation Values - Shengjing Bank (02066) has the highest deviation value at 60.67% with a short selling ratio of 72.42% [1][2] - Xiaomi Group (81810) also shows a significant deviation value of 47.28% [1][2] - The third highest deviation value is not specified but is noted to be 39.69% for an unspecified stock [1][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10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國利郎有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01234 | 說明 | 普通股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 100,000,000,000 | HKD | | 0.1 | HKD | | 10,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 100,000,000,000 | HKD | | 0.1 | HKD | | 10,000,000,00 ...

Group 1: Collaboration and Design - Lilang's LESS IS MORE collaborates with designer Xander Zhou to launch the "From Stone to Structure" collection in Shanghai, showcasing a dialogue between tradition and modernity [1] - The collection draws inspiration from the previous season's stone architecture and modern geometric structures, presented in a minimalist white space that reflects various lifestyle scenarios [1] - Zhou emphasizes a "relaxed ceremony" in his design philosophy, creating a wardrobe that balances rationality and fashion, complemented by functional accessories for modern urban men [1] Group 2: Brand Anniversaries and Special Releases - Diesel celebrates its 20th anniversary in China by launching a limited capsule collection designed by creative director Glenn Martens, featuring high-quality leather and innovative fabrics [5] - The collection includes a standout patchwork jacket that combines vintage cotton and bleached denim, embodying Diesel's rebellious spirit [5] Group 3: Retail and Aesthetic Experience - ZONA20 MILANO opens a pop-up space in Shanghai, integrating Milan's quiet luxury and sustainable concepts into a serene environment for urban consumers [7] - The pop-up space is inspired by Bauhaus architecture, balancing order and growth through geometric cuts and natural elements [7] Group 4: Art and Design Exhibitions - Marimekko announces a limited exhibition "Floral Realm" in Shanghai, celebrating its annual theme "Structure of Flowers" with new floral print designs from five artists [9] - The exhibition features various formats, including hanging fabrics and limited products, allowing visitors to experience the unique blend of print art and architectural space [9] Group 5: New Store Openings - MACKAGE opens a boutique in Shanghai's Xinyi Taikoo Hui, showcasing a design that reflects the brand's aesthetic and craftsmanship through diamond quilting and green tones [14] - The 2025 Fall/Winter collection continues the theme of combining practical aesthetics with modern luxury, using high-quality materials to meet global consumer demands [14] Group 6: Celebrations and Collaborations - LABELHOOD participates in a pop-up event at the 40th anniversary of the Hyundai Department Store in Seoul, featuring a diverse range of Chinese design brands [17] - The event highlights the multifaceted nature of new-generation Chinese design through collaborations with various brands [17] Group 7: Brand Advertising - Balenciaga releases its first advertising campaign under creative director Pierpaolo Piccioli, shot by photographer David Sims in a historic Parisian setting [20] - The campaign aims to evoke a new feminine image that combines strength and delicacy, while also reintroducing classic brand symbols [20]

Company News - China Coal Energy (01898.HK) reported a coal sales volume of approximately 190 million tons for the first nine months, a year-on-year decrease of 7.4%. In September, coal sales volume was 19.66 million tons, down 20.1% year-on-year [1] - China Southern Airlines (01055.HK) saw a 4.43% year-on-year increase in passenger capacity in September, with passenger turnover rising by 5.25%. The passenger load factor was 86.30%, an increase of 0.67 percentage points year-on-year. Cargo and mail turnover increased by 1.91% year-on-year [1] - China Eastern Airlines (00670.HK) reported a 3.63% year-on-year increase in passenger capacity for September, with passenger turnover up 8.67%. The passenger load factor was 87.57%, an increase of 4.06 percentage points year-on-year. Cargo and mail turnover rose by 10.95% year-on-year [1] - China Resources Power (00836.HK) achieved a cumulative electricity sales volume of 161 million MWh for the first nine months, an increase of 4.2% year-on-year, with wind power sales up 10.3% and solar power sales up 35.1% year-on-year [1] - Hopson Development Holdings (00754.HK) reported a total contract sales amount of 11.264 billion yuan for the first nine months, a year-on-year decrease of 12.62% [1] - China Design Group (01599.HK) won important project bids totaling approximately 3.175 billion yuan in the third quarter [1] - Jiumaojiu International Holdings (09922.HK) reported table turnover rates for its brands in the third quarter: 3.3 for Taier (self-operated only), 2.4 for Song Hotpot, and 2.5 for Jiumaojiu (self-operated only). Same-store average daily sales decreased by 9.3%, 19.1%, and 14.8% year-on-year, respectively, with the decline continuing to narrow [1][1] Financing and Buyback Activities - Xiaomi Group-W (01810.HK) repurchased 2 million shares for a total of approximately 98.9589 million HKD, with a repurchase price range of 49.42 to 49.54 HKD [5] - Yum China (09987.HK) repurchased 18,800 shares for approximately 6.2596 million HKD, with a repurchase price range of 330.6 to 340.2 HKD [6] - HSBC Holdings (00005.HK) repurchased 4.721 billion HKD worth of shares, totaling 4.6216 million shares, with a repurchase price range of 101.1 to 103.2 HKD [7] - Qiniu Intelligent (02567) has cornerstone investor He Shun voluntarily extend the lock-up commitment, representing approximately 3.20% of the total issued shares [8] - China Galaxy (06881.HK) completed the issuance of 4 billion HKD short-term financing bonds with a final coupon rate of 1.66%, primarily for working capital replenishment [8] - Huaneng International Power (00902.HK) issued 3 billion HKD ultra-short-term financing bonds with an issuance rate of 1.50% [9]

Core Viewpoint - China Lilang (01234) experienced a stock price increase of over 3% in the afternoon, closing at HKD 3.43, with a trading volume of HKD 4.367 million. The company announced a low double-digit growth in retail sales for its "LILANZ" products in Q3 2025 compared to the same period in 2024, driven by a new retail strategy focusing on e-commerce and upgraded retail management systems [1][1][1]. Group 1 - The stock price of China Lilang rose by 2.39% to HKD 3.43, with a trading volume of HKD 4.367 million [1][1][1]. - The company reported a low double-digit increase in retail sales for "LILANZ" products in Q3 2025 compared to Q3 2024 [1][1][1]. - The new retail strategy includes transforming e-commerce platforms into retail channels for new products and enhancing the integration of online and offline sales [1][1][1]. Group 2 - Huaxi Securities noted that the new retail strategy is expected to contribute to rapid growth for the company this year [1][1][1]. - The company is focusing on strengthening its presence across major e-commerce platforms and upgrading its retail management systems [1][1][1].

Core Viewpoint - China Lilang (01234) has seen its stock price increase by over 3%, currently up 2.39% at HKD 3.43, with a trading volume of HKD 4.367 million [1] Group 1: Financial Performance - The retail value of "LILANZ" products for Q3 2025 is expected to show a low double-digit percentage increase compared to the same period in 2024 [1] Group 2: Strategic Initiatives - The company is implementing a new retail strategy, transforming its e-commerce platform from a stock clearance channel to a retail channel that supports new products [1] - China Lilang is enhancing its presence across major e-commerce platforms and is fully upgrading its retail management system to achieve seamless integration between online and offline sales [1] - The new retail business is anticipated to continue contributing to rapid growth for the company this year [1]

Core Viewpoint - China Lilang (01234) experienced a stock price increase of over 3% in the afternoon, currently up 2.39% at HKD 3.43, with a trading volume of HKD 4.367 million [1] Group 1: Financial Performance - The retail value of "LILANZ" products for the third quarter of 2025 is expected to achieve a low double-digit growth compared to the same period in 2024 [1] Group 2: Strategic Initiatives - The company is implementing a new retail strategy, transforming its e-commerce platform from an inventory clearance channel to a retail channel that supports new products [1] - China Lilang is enhancing its presence across major e-commerce platforms and fully upgrading its retail management system to achieve seamless integration between online and offline sales [1] - The new retail business is anticipated to continue contributing to the company's rapid growth this year [1]