港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高股息投资交易型开放 式指数证券投资基金，基金简称为港股高股息ETF。该基金管理费率每年0.50%，托管费率每年0.10%。 港股高股息ETF（159302）业绩比较基准为中证港股通高股息投资指数收益率(经估值汇率调整)。 股票代码股票名称持仓占比持仓股数（股）持仓市值（元）01919中远海控7.63%77.70万859.07万03668 兖煤澳大利亚5.59%25.51万628.83万01308海丰国际5.05%20.80万568.94万02611国泰海通4.31%33.08万 485.03万00316东方海外国际4.00%3.90万449.71万01988民生银行3.86%115.80万434.52万00998中信银行 3.61%66.50万406.17万00857中国石油股份3.55%61.80万399.47万01088中国神华3.47%11.50万390.57万 01339中国人民保险集团3.44%62.30万387.34万 规模方面，截止12月12日，港股高股息ETF（159302）最新份额为1.03亿份，最新规模为 ...

华泰证券此前研报指出，预计伴随4Q旺季，运价及货量环比将显著回升。尽管集运市场受关税/地缘事 件/季节性等因素扰动，该行持续看好产业重塑带动亚洲区域内货量增长；同时，中小型集装箱船舶供 给趋紧，亚洲集运市场兼具韧性和成长性。 海丰国际(01308)午后涨超3%，截至发稿，涨3.03%，报27.92港元，成交额5349.41万港元。 消息面上，海丰国际午间发布公告称，董事会定于12月18日(星期四)举行董事会会议，以考虑及批准宣 派特别股息，以及处理任何其他事项。公司将于董事会会议后另行刊发公告，以载列特别股息(如经董 事会批准)的详情。 ...

智通财经APP获悉，海丰国际(01308)午后涨超3%，截至发稿，涨3.03%，报27.92港元，成交额5349.41 万港元。 华泰证券此前研报指出，预计伴随4Q旺季，运价及货量环比将显著回升。尽管集运市场受关税/地缘事 件/季节性等因素扰动，该行持续看好产业重塑带动亚洲区域内货量增长；同时，中小型集装箱船舶供 给趋紧，亚洲集运市场兼具韧性和成长性。 消息面上，海丰国际午间发布公告称，董事会定于12月18日(星期四)举行董事会会议，以考虑及批准宣 派特别股息，以及处理任何其他事项。公司将于董事会会议后另行刊发公告，以载列特别股息(如经董 事会批准)的详情。 ...

建議宣派特別股息 海豐國際控股有限公司（「本公司」）董事會（「董事會」）茲通告謹定於二零二五年 十二月十八日（星期四）舉行董事會會議，以考慮及批准宣派特別股息（「特別股 息」），以及處理任何其他事項（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。 SITC International Holdings Company Limited 1308 董事會會議通告 及 於本公告日期，本公司執行董事為楊現祥先生、薛明元先生、劉克誠先生及賴智勇先生；本公司非 執行董事為楊馨女士；本公司獨立非執行董事為謝少毅先生、廖家瑩博士及胡曼恬博士。 本公司將於董事會會議後另行刊發公告，以載列特別股息（如經董事會批准）的 詳情。 由於董事會未必會批准建議特別股息，故本公司股東及潛在投資者於買賣本公 司證券時務請審慎行事。 承董事會命 海豐國際控股有限公司 主席 楊現祥 香港，二零二五年十二月八日 ...

来源：新浪基金∞工作室 12月3日，港股高股息ETF（159302）收盘跌0.66%，成交额1936.00万元。 港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高股息投资交易型开放 式指数证券投资基金，基金简称为港股高股息ETF。该基金管理费率每年0.50%，托管费率每年0.10%。 港股高股息ETF（159302）业绩比较基准为中证港股通高股息投资指数收益率(经估值汇率调整)。 规模方面，截止12月2日，港股高股息ETF（159302）最新份额为9579.76万份，最新规模为1.30亿元。 回顾2024年12月31日，港股高股息ETF（159302）份额为1.09亿份，规模为1.21亿元。即该基金今年以 来份额减少11.95%，规模增加7.95%。 流动性方面，截止12月3日，港股高股息ETF（159302）近20个交易日累计成交金额3.54亿元，日均成 交金额1770.87万元；今年以来，223个交易日，累计成交金额29.14亿元，日均成交金额1306.93万元。 港股高股息ETF（159302）现任基金经理为张亦驰。张亦驰自2024年8月23日管理（或拟管理）该基 ...

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11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: 海豐國際控股有限公司 呈交日期: 2025年12月2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) | 01308 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.1 | HKD | | 500,000,000 | 本月底法 ...

Core Viewpoint - The Hong Kong port and shipping stocks experienced a general increase, driven by a rise in the European shipping index, indicating a potential recovery in demand and a shift in market sentiment towards optimism in the shipping industry [1]. Group 1: Market Performance - Cosco Shipping Energy rose over 5%, while Cosco Shipping Ports and China Ship Leasing increased by 2.5% [1]. - Other companies such as China Merchants Port, Cosco Shipping Holdings, Orient Overseas International, Cosco Shipping Development, and Seaspan Corporation also saw gains [1]. Group 2: Shipping Index and Market Sentiment - The European shipping index futures rose by 5%, reaching 1521.80 yuan, which is viewed as a positive short-term signal for shipping stocks [1]. - Analysts suggest that the increase in European freight rates may indicate a recovery in market demand, possibly due to inventory replenishment cycles or renewed supply chain tensions [1]. - This shift in perception may alter the previously pessimistic view of the industry characterized by oversupply, moving towards a more optimistic outlook [1].

Core Viewpoint - The Hong Kong port and shipping stocks experienced a general increase, driven by a rise in the European shipping index, indicating a potential recovery in demand and a shift in market sentiment towards optimism in the industry [1]. Group 1: Stock Performance - COSCO Shipping Energy (中远海能) rose over 5%, closing at 10.890 with a market capitalization of 59.516 billion [2]. - COSCO Shipping Ports (中远海运港口) increased by 2.5%, closing at 5.740 with a market capitalization of 227.3 billion [2]. - China Ship Leasing (中国船舶租赁) saw a rise of 2.4%, closing at 2.130 with a market capitalization of 13.204 billion [2]. - China Merchants Port (招商局港口) increased by 2.04%, closing at 15.990 with a market capitalization of 671.26 billion [2]. - COSCO Shipping Holdings (中远海控) rose by 1.43%, closing at 13.440 with a market capitalization of 2081.82 billion [2]. - Liaoning Port (辽港股份) increased by 1.20%, closing at 0.840 with a market capitalization of 19.8 billion [2]. - Orient Overseas International (东方海外国际) rose by 1.19%, closing at 127.900 with a market capitalization of 844.62 billion [2]. - COSCO Shipping Development (中远海发) increased by 0.87%, closing at 1.160 with a market capitalization of 15.309 billion [2]. - Seaspan Corporation (海丰国际) rose by 0.82%, closing at 26.960 with a market capitalization of 727.92 billion [2]. Group 2: Market Dynamics - The early morning European shipping index futures rose by 5%, reaching 1521.80 yuan, which is seen as a positive short-term signal for shipping stocks [1]. - Analysts suggest that the increase in European freight rates may indicate a recovery in demand, possibly due to inventory replenishment cycles or renewed supply chain tensions [1]. - This shift in market perception may alter the previously pessimistic view of "oversupply" in the industry to a more optimistic outlook [1].

Core Insights - The report emphasizes the potential for improvement in the dry bulk shipping market, particularly for Capesize vessels, with freight rates expected to rise further based on the second half of 2025 [3][10] - The West Simandou iron ore project is highlighted as a key catalyst, expected to disrupt the current iron ore supply dominance of Australia and Brazil, with a projected increase in global iron ore demand by approximately 6.8% post full production [3][10] Shipping Industry Overview - The shipping industry is projected to experience a favorable supply-demand dynamic, with limited supply growth and potential demand increases due to various factors, including the West Simandou project and macroeconomic conditions [8][12] - The total market capitalization of the shipping sector is reported at 579.568 billion yuan, with a circulating market value of 458.746 billion yuan [4] Oil Shipping - The oil shipping sector is expected to benefit from a global oil production increase, sanctions improving demand structure, and supply constraints, leading to a sustained upward trend in market conditions [6][9] - VLCC freight rates have shown significant strength, with the TD3C route recording a rate of $126,000 per day on November 13, 2025, and an average rate of $104,000 per day for November [6][15] Dry Bulk Shipping - The dry bulk shipping market is recovering, with the BDI index averaging 1997 points, indicating a near five-year high, driven by improved demand for iron ore and coal [6][44] - Supply growth for dry bulk vessels is limited, with Capesize orders at only 9.32%, leading to projected capacity growth rates of 1.4%, 2.2%, and 2.6% for 2025-2027 [10][49] Container Shipping - The container shipping market in Asia remains tight, with a significant portion of new orders focused on ultra-large container ships, while smaller vessels face aging issues [11][68] - Despite a year-on-year decline in freight rates, the Asian container shipping market is expected to maintain demand above industry growth levels due to regional economic growth [11][68] Investment Recommendations - The report recommends investments in companies such as China Merchants Energy and COSCO Shipping Energy for oil shipping, and Haitong Development and China Merchants Industry for dry bulk shipping, citing favorable supply-demand dynamics [12][68] - For container shipping, it suggests focusing on Jinjiang Shipping and Zhonggu Logistics, while keeping an eye on Hapag-Lloyd International [12][68]

Investment Rating - The investment rating for the transportation industry is "Positive" (maintained) [4] Core Views - The express delivery industry is experiencing resilient demand, with a "de-involution" trend driving up express prices, enhancing corporate profit elasticity, and creating favorable competition opportunities in the medium to long term [15] - The shipping market is expected to benefit from the OPEC+ production increase cycle and the Federal Reserve's interest rate cuts, with a notable improvement in the oil transportation market's outlook for Q4 2025 [15] - The shipping market is anticipated to recover, supported by environmental regulations limiting the operation of older fleets and the upcoming production of the West Manganese iron ore by the end of 2025 [15] Summary by Sections Express Logistics - In October 2025, the express delivery industry achieved a business volume of 17.6 billion pieces, a year-on-year increase of 7.9%, with revenue reaching 131.67 billion yuan, up 4.7% year-on-year [4][24] - Major players like YTO, Shentong, and Yunda showed varied growth rates, with YTO's volume increasing by 12.78% and Shentong by 3.97%, while Yunda's volume decreased by 5.11% [4][30] - The industry is transitioning towards high-quality development, with significant improvements in single-ticket revenue due to price increases driven by the de-involution trend [4] Shipping and Ports - VLCC freight rates reached a new high of $136,843 per day, the highest since Q2 2020, driven by tight available capacity and stable inquiry rhythms [8] - The Capesize bulk carrier spot freight rates surpassed $30,000 per day, reflecting a 20% increase over the past week, supported by seasonal demand recovery and strong import demand from China [8] - The BDI index increased by 7.1% to 2225 points, indicating a robust recovery in the bulk shipping market [9] Aviation - In October 2025, civil aviation transported approximately 68 million passengers, a year-on-year increase of 5.8%, and cargo/mail transport reached 917,000 tons, up 13.3% [58] - The overall passenger load factor for major airlines was 86.88%, showing a slight increase from the previous month [62] Road and Rail - From November 10 to November 16, 2025, national freight logistics operated smoothly, with rail freight reaching 81.8 million tons, a 0.17% increase week-on-week [14] - In October 2025, road freight volume was 3.706 billion tons, a year-on-year increase of 0.08% [64] Supply Chain Logistics - The logistics landscape is evolving, with companies like Shenzhen International expected to benefit from the transformation of logistics parks, providing performance elasticity [15] - The industry is witnessing a slowdown in competition, with companies like Debang and Aneng Logistics showing significant profit improvements due to strategic transformations [15]