每经AI快讯，中国宏桥(01378.HK)高开逾3%，截至发稿，涨3.32%，报32.4港元，成交额1240.92万港 元。 ...

Core Viewpoint - China Hongqiao Group (01378) saw its stock price rise by 3.32% to HKD 32.4, with a trading volume of HKD 12.41 million following the announcement of a significant asset acquisition deal [1] Group 1: Company Announcement - China Hongqiao announced that its subsidiary, Hong Chuang Holdings, received approval from the Shenzhen Stock Exchange's M&A Review Committee for a share issuance to acquire assets [1] - The proposed transaction involves issuing shares to acquire 100% equity of Hongtu Industrial held by Weiqiao Aluminum, Jiahui Investment, and Dongfang Asset Management, with a transaction value of RMB 63.5 billion [1] - This transaction is part of a strategy to return core aluminum assets to A-share listing, which is expected to enhance internal integration of aluminum assets and improve the company's overall competitiveness in the capital market [1]

消息面上，美国就业市场数据恶化推高了美联储降息预期。据美国劳工部周四发布的数据，截至12月6 日当周，初请人数增加4.4万人至23.6万人，为2020年3月以来最大增幅，此前一周的申请人数为三年多 来的最低水平。当前市场主流预期仍指向明年初继续降息，摩根大通、摩根士丹利与花旗一致预测明年 1月将再次降息。 国金证券指出，2025年全球主要经济体的内外政策开始进入实质性调整与碰撞阶段，俄乌/中东等冲突 常态化、大国博弈纵深化，加大了全球供应链断裂风险——将"安全"置于"成本"之上，全球经济延续弱 增长态势。欧美开启了降息周期，但主要为应对经济放缓而非刺激繁荣，在此背景下，有色金属或迎来 超级大周期。 智通财经APP获悉，有色股普遍高开，截至发稿，紫金矿业(02899)涨3.51%，报34.24港元；中国宏桥 (01378)涨3.32%，报32.4港元；灵宝黄金(03330)涨3.23%，报18.56港元；洛阳钼业(03993)涨2.8%，报 18.36港元；江西铜业股份(00358)涨2.57%，报34.28港元。 ...

Core Insights - Tencent Holdings, China Merchants Bank, and Xiaomi Group lead the market in net inflows, with amounts of 875 million, 725 million, and 540 million respectively [1] - Pop Mart, Luoyang Molybdenum, and China Hongqiao experience the highest net outflows, with amounts of -574 million, -409 million, and -375 million respectively [1] Net Inflows Summary - Tencent Holdings (00700) shows a net inflow of 875 million, representing an increase of 8.35% in net inflow ratio, closing at 602.500 with a decrease of 0.41% [2] - China Merchants Bank (03968) has a net inflow of 725 million, with a net inflow ratio of 54.62%, closing at 52.000 with an increase of 0.39% [2] - Xiaomi Group (01810) reports a net inflow of 540 million, with a net inflow ratio of 7.11%, closing at 41.260 with a decrease of 3.10% [2] Net Outflows Summary - Pop Mart (09992) records a net outflow of -574 million, with a net outflow ratio of -12.71%, closing at 190.300 with a decrease of 5.04% [2] - Luoyang Molybdenum (03993) has a net outflow of -409 million, with a net outflow ratio of -27.72%, closing at 17.920 with a decrease of 6.42% [2] - China Hongqiao (01378) shows a net outflow of -375 million, with a net outflow ratio of -30.29%, closing at 31.340 with a decrease of 3.87% [2] Net Inflow Ratio Leaders - Sichuan Chengyu Expressway (00107) leads with a net inflow ratio of 68.25%, with a net inflow of 7.056 million, closing at 5.560 with a decrease of 0.36% [3] - Tongrentang (03613) follows with a net inflow ratio of 66.47%, with a net inflow of 5.284 million, closing at 8.810 with a decrease of 1.12% [3] - China Merchants Hengsheng Technology (03423) has a net inflow ratio of 63.08%, with a net inflow of 974,000, closing at 9.960 with a decrease of 1.87% [3] Net Outflow Ratio Leaders - China Merchants Port (00144) leads with a net outflow ratio of -58.92%, with a net outflow of -35.2885 million, closing at 15.940 with a decrease of 1.42% [3] - Chongqing Rural Commercial Bank (03618) follows with a net outflow ratio of -54.76%, with a net outflow of -33.6925 million, closing at 6.180 with a decrease of 1.59% [3] - Hisense Home Appliances (00921) shows a net outflow ratio of -54.05%, with a net outflow of -16.1746 million, closing at 24.840 with a decrease of 0.32% [3]

Market Overview - The Hong Kong stock market opened high but experienced fluctuations, with the Hang Seng Index up 0.09% at 25,563.05 points, while the Tech Index fell 0.65% to 5,544.57 points [1] - Major tech stocks showed mixed performance, with Alibaba down 0.78%, Tencent down 0.08%, and JD.com down 0.44%, while Xiaomi rose 0.81% and Meituan increased by 0.8% [1] - Lithium battery stocks performed well, with CATL rising over 2%, while chip stocks weakened, with ZTE down over 9% [1] Company News - Sunny Optical Technology (02382.HK) reported November mobile lens shipments of approximately 119 million units, a month-on-month decrease of 2.3% but a year-on-year increase of 7.5% [2] - Q Technology (01478.HK) saw November mobile camera module sales of 38.05 million units, down 13.6% month-on-month and down 5.6% year-on-year [2] - Yuanyuan Group (00551.HK) reported a net operating income of approximately $660 million in November, a year-on-year decrease of 3.1% [2] - Baoshan International (03813.HK) reported a net operating income of 1.172 billion yuan in November, down 5.1% year-on-year [3] - Morning News Technology (02000.HK) reported unaudited revenue of 44.3 million HKD in November, up 48.4% month-on-month and 19.73% year-on-year [4] - Ocean Group (03377.HK) reported a cumulative contract sales amount of approximately 23.79 billion yuan for the first 11 months [5] - Jianye Real Estate (00832.HK) reported a total property contract sales amount of 7.168 billion yuan for the first 11 months, a year-on-year decrease of 16.3% [6] - Yuzhou Group (01628.HK) reported a cumulative sales amount of 6.196 billion yuan for the first 11 months [7] - COFCO Joycome (01610.HK) reported a pig slaughtering volume of 559,000 heads in November, a month-on-month decrease of 4.44% [8] - CSPC Pharmaceutical Group (01093.HK) received clinical trial approval in the U.S. for its fully human anti-ACTRIIA/IIB monoclonal antibody (JMT206) [9] - China Digital Technology (01796.HK) entered into a strategic cooperation agreement with Xinhua Pharmaceutical [10] - China Hongqiao (01378.HK) announced that the acquisition of Hongtu Industrial by Hongchuang Holdings was approved by the Shenzhen Stock Exchange's M&A Review Committee [11] - CICC (03908.HK) plans to issue perpetual subordinated bonds of no more than 3 billion yuan [12] Institutional Insights - Everbright Securities noted that compared to previous bull markets, the current index has significant upside potential, but the duration of the bull market may be more important than the magnitude of the increase [13] - Guosen Securities indicated that the recent adjustments in the Hong Kong market could open up space for a market rise in 2026, with over 110 billion yuan of net inflow from southbound funds in November [13] - CITIC Securities predicted a second round of valuation recovery for the Hong Kong market in 2026, emphasizing the need to focus on "earnings certainty + valuation elasticity" in sectors like technology, pharmaceuticals, resources, and essential consumption [13]

Group 1 - The core point of the article is that China Hongqiao (01378) announced a plan for Hongchuang Holdings to issue new shares to existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum, to acquire target shares and related transaction documents [1] - The board of directors expressed satisfaction with the approval of the transaction by the M&A Review Committee of the Shenzhen Stock Exchange during its meeting on December 10, 2025 [1]

Group 1 - The core point of the article is that China Hongqiao (01378) announced a plan for Hongchuang Holdings to issue new shares to existing shareholders of Hongtuo Industrial, including Weiqiao Aluminum, to acquire target shares and related transaction documents [1] - The board of directors expressed satisfaction with the approval of the transaction by the M&A Review Committee of the Shenzhen Stock Exchange during its meeting on December 10, 2025 [1]

China Hongqiao Group Limited 中國宏橋集團有限公司 （根據開曼群島法例註冊成立的有限公司） （股份代號：1378） 自願公告 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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因依賴該等內容 而引致之任何損失承擔任何責任。 本公告乃中國宏橋集團有限公司（「本公司」）自願作出。茲提述本公司日期為二零二四年十二月 二十三日、二零二五年一月六日及二零二五年五月二十二日的公告，內容有關宏創控股擬向宏拓實 業現有股東（包括魏橋鋁電）發行新股以購買其持有的目標股份及與本次交易相關的交易文件。除非 文義另有所指，否則本公司日期為二零二五年五月二十二日的公告所界定詞彙與本公告所用者具有 相同涵義。 董事會欣然宣佈，深圳證券交易所併購重組審核委員會於2025年12月10日召開的2025年第14次並購 重組審核委員會審議會議上，審核通過了本次交易事項。 股東與潛在投資者敬悉注意，本次交易須待有關先決條件獲達成及╱或（倘適用）豁免後（包括中國證 券監督管理委員會同意註冊後方可實施），方可作實。因 ...

Group 1 - The Hong Kong stock market's non-ferrous metal sector has seen an upward trend, with Lingbao Gold (03330.HK) rising over 7% [1] - Ganfeng Lithium (01772.HK) increased by more than 4%, while Tianqi Lithium (09696.HK) rose over 3% [1] - Other companies such as Zhaojin Mining (01818.HK), China Hongqiao (01378.HK), and China Aluminum (02600.HK) also experienced gains [1]

Market Overview - The Hang Seng Index (HSI) closed at 25,458.69, up by 24.46 points or 0.10% from the previous close [1] - The index experienced a trading range with a high of 25,531.29 and a low of 25,420.30, with a trading volume of 36.788 million shares [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 110.181, reflecting an increase of 0.62% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 601.643, showing a slight decline of 0.14% from the Hong Kong close [2] Stock Price Movements - Tencent Holdings: Latest price HKD 602.500, down by HKD 2.500 or 0.41% [3] - Alibaba Group: Latest price HKD 150.900, down by HKD 2.500 or 1.63% [3] - HSBC Holdings: Latest price HKD 109.500, up by HKD 0.400 or 0.37% [3] - China Construction Bank: Latest price HKD 7.610, down by HKD 0.050 or 0.65% [3] - Xiaomi Group: Latest price HKD 41.260, down by HKD 1.320 or 3.10% [3] - AIA Group: Latest price HKD 77.250, down by HKD 0.650 or 0.83% [3] - Meituan: Latest price HKD 97.350, down by HKD 2.150 or 2.16% [3] - Industrial and Commercial Bank of China: Latest price HKD 6.120, up by HKD 0.010 or 0.16% [3] - Hong Kong Exchanges and Clearing: Latest price HKD 401.200, down by HKD 3.400 or 0.84% [3] - Ping An Insurance: Latest price HKD 60.750, down by HKD 1.000 or 1.62% [3] - Ctrip Group: Latest price HKD 539.500, down by HKD 5.000 or 0.92% [3] - Baidu Group: Latest price HKD 121.400, down by HKD 4.400 or 3.50% [3] - JD Group: Latest price HKD 114.900, down by HKD 1.300 or 1.12% [3]