Performance Summary - China People's Insurance Group reported revenue of 324.12 billion yuan, a year-on-year increase of 10.87%, and a net profit of 26.67 billion yuan, up 13.98% [1] - China Life Insurance recorded revenue of 239.49 billion yuan, a 2.2% increase, with a net profit of 40.93 billion yuan, growing by 6.9% [1] - CNOOC's revenue was approximately 207.61 billion yuan, down 8.45%, with net profit around 69.5 billion yuan, a decrease of 13% [2] - Meituan's revenue reached 178.40 billion yuan, up 14.7%, but adjusted net profit fell by 41% to 12.44 billion yuan [3] - CITIC Bank's revenue was 105.43 billion yuan, down 2.96%, while net profit increased by 2.8% to 36.48 billion yuan [3] - Fosun International's revenue decreased by 10.8% to 87.28 billion yuan, with net profit down 8.2% to 0.66 billion yuan [3] - New Hope Energy reported revenue of 55.67 billion yuan, a 2% increase, but net profit decreased by 5.6% to 2.43 billion yuan [4] - China Cinda's revenue was 34.36 billion yuan, down 2%, while net profit increased by 5.8% to 2.28 billion yuan [5] - China Orient Group's revenue decreased by 12% to 19.86 billion yuan, but net profit surged by 116% to 0.20 billion yuan [6] - Shimao Group's revenue fell by 49% to 14.80 billion yuan, with a net loss of 8.93 billion yuan, narrowing by 61% [7] - Chongqing Steel's revenue was approximately 13.08 billion yuan, down 13.26%, with a net loss of 0.13 billion yuan, narrowing by 81% [8] - United Group's revenue increased by 197.3% to 12.08 billion yuan, with a net profit of 1.69 billion yuan, reversing from a loss of 0.21 billion yuan [9] - Chow Sang Sang's revenue decreased by 2.5% to 11.04 billion yuan, while net profit increased by 71.4% to 0.90 billion yuan [10] - Tianhong International's revenue was 11.03 billion yuan, down 1.86%, with net profit rising by 53.33% to 0.42 billion yuan [11] - Meidong Automotive's revenue fell by 4.9% to 10.14 billion yuan, with a net loss of approximately 0.82 billion yuan, expanding by about 29 times [12] - Jian Sha Tsui's revenue was 8.24 billion yuan, down 6.6%, with net profit of 2.33 billion yuan, a decrease of 7.06% [13] - Sino Land's revenue decreased by 6.64% to 8.18 billion yuan, with net profit down 8.7% to 4.02 billion yuan [14] - Xinyi International's revenue was 8.10 billion yuan, down 5.7%, with net profit of 0.14 billion yuan, a decrease of 19.22% [15] - Fuyao Glass reported revenue of approximately 7.74 billion yuan, down 27.7%, with net profit of approximately 0.26 billion yuan, a decrease of 82.6% [16] - Tianjin Port Development's revenue increased by 3% to 6.95 billion yuan, while net profit decreased by 17.3% to 0.35 billion yuan [17] - Guotai Junan International's revenue was approximately 2.83 billion yuan, up 30%, with net profit of approximately 0.55 billion yuan, a growth of 182% [21] - IGG's revenue decreased by 0.5% to 2.72 billion yuan, with net profit down 2.85% to 0.32 billion yuan [22] - China Aircraft Leasing's revenue was 2.40 billion yuan, down 4.86%, while net profit increased by 6.66% to 0.14 billion yuan [22] - China Orient Education's revenue increased by 10.2% to 2.19 billion yuan, with net profit rising by 48.4% to 0.40 billion yuan [23] Corporate News - China Shengmu signed a new procurement framework agreement with Yiyingmei Dairy for milk powder [24] - Rongchang Bio's clinical trial for Taitasip in treating IgA nephropathy reached its primary endpoint in Phase III [24] - China Huaxing's Bagua City project is expected to start construction in October, with completion by the end of 2026 [24] Buyback Activities - Tencent Holdings repurchased 909,000 shares for 550 million HKD at prices between 596-614.5 HKD [24] - HSBC repurchased 1.5472 million shares for approximately 156 million HKD at prices between 100.2-101.5 HKD [24] - Hang Seng Bank repurchased 210,000 shares for approximately 23.49 million HKD at prices between 111.5-112.2 HKD [24] - MGM China repurchased 1 million shares for approximately 16.02 million HKD at prices between 15.92-16.13 HKD [24]

国泰君安国际(01788)发布公告，为了进一步强化公司治理，自2025年8月27日起，公司非执行董事虞旭 平女士获委任为公司提名委员会成员，不再担任公司薪酬委员会成员;非执行董事董博阳先生获委任为 公司薪酬委员会及审核委员会成员，不再担任公司风险委员会成员;非执行董事邹华先生获委任为公司 风险委员会成员，不再担任公司提名委员会成员。 ...

格隆汇8月27日丨国泰君安国际(01788.HK)公告，自2025年8月27日起，公司非执行董事虞旭平获委任为 公司提名委员会成员，不再担任公司薪酬委员会成员；非执行董事董博阳获委任为公司薪酬委员会及审 核委员会成员，不再担任公司风险委员会成员；非执行董事邹华获委任为公司风险委员会成员，不再担 任公司提名委员会成员。 ...

智通财经APP讯，国泰君安国际(01788)发布公告，为了进一步强化公司治理，自2025年8月27日起，公 司非执行董事虞旭平女士获委任为公司提名委员会成员，不再担任公司薪酬委员会成员;非执行董事董 博阳先生获委任为公司薪酬委员会及审核委员会成员，不再担任公司风险委员会成员;非执行董事邹华 先生获委任为公司风险委员会成员，不再担任公司提名委员会成员。 ...

Core Viewpoint - Guotai Junan International (01788.HK) reported a significant increase in its interim performance for the six months ending June 30, 2025, with a focus on risk management and business diversification, leading to high-quality growth across core business areas [1] Financial Performance - The group's revenue reached HKD 28.25 billion, a year-on-year increase of 30%, marking a historical high [1] - Profit attributable to ordinary shareholders was HKD 5.5 billion, a remarkable year-on-year increase of 182% [1] - Basic earnings per share were HKD 0.0577 [1] Market Recognition - As of June 30, 2025, the company's market capitalization reached HKD 32.7 billion, a substantial increase of 200% compared to HKD 10.9 billion at the end of 2024 [1] Dividend Policy - The company declared an interim dividend of HKD 0.05 per share, maintaining a high payout ratio of 87%, reflecting its commitment to sharing growth dividends with shareholders [1]

国泰君安国际(01788)公布2025年中期业绩，收入约28.25亿港元，同比增长30%;普通股股东应占溢利约 5.5亿港元，同比增长182%;每股基本盈利5.77港仙，每股股息5港仙。 期内，该集团秉持稳健务实的经营理念，锚定"从稳出发、向新而行"的发展方向，在严格把控风险的基 础上，全面提升多元化业务能力，积极推动业务创新，实现了各核心业务协同共进与高质量增长，其中 财富管理、企业融资、投资管理等领域尤为突出，带动佣金费用类、利息类及交易投资类收益全面上 升。 于2025年6月30日，该集团总资产为1,220.1亿港元，较2024年年底下降6%，而集团总负债为1,064.6亿港 元，较2024年年底下降8%。权益总额为155.5亿港元，较2024年年底上升3%。 ...

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，並明確表示概不就因本公告全部或任何部分內容而產生，或因依賴該等內容而引致的任何損失承擔任何責任。 國泰君安國際控股有限公司 （於香港註冊成立之有限公司 ） （股份代號：1788） 截至2025年6月30日止6個月 未經審核中期業績公告 國泰君安國際控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司（連同其附屬公司統 稱「本集團」）截至2025年6月30日止6個月的未經審核綜合業績，連同去年同期的比較數字如下： | | | 截至6月30日止6個月 | | | --- | --- | --- | --- | | | 附註 | 2025年 | 2024年 | | | | 未經審核 | 未經審核 | | | | 千港元 | 千港元 | | 應佔期內溢利： | | | | | 本公司擁有人 | | 550,089 | 194,937 | | 非控股權益 | | 1,321 | 1,835 | | | | 551,410 | 196,772 | | 應佔期內全面收益總額： | | | | | 本公司擁有 ...

Core Insights - Guotai Junan International successfully launched its first batch of structured product tokens, including fixed income redeemable tokens and principal-protected tokens linked to US ETFs, marking a significant breakthrough in financial technology innovation [1][2] - The Hong Kong government is actively promoting financial technology development, creating a favorable regulatory environment for innovation [1] - The structured product tokens utilize Ant Group's blockchain technology and RWA solutions, enabling secure cross-chain transactions and transparent, immutable trading data [2] Company Developments - Guotai Junan International leverages its deep traditional financial experience to achieve transparent management of structured product tokens through blockchain smart contracts [1] - The fixed income redeemable token products feature a T+0 settlement mechanism with daily interest accumulation, while the US ETF principal-protected tokens are linked to the performance of US ETFs, offering both asset participation and principal protection [1] - The company aims to expand the variety of token products in response to the Hong Kong government's call for digital asset development, integrating cutting-edge digital financial technologies [2] Industry Trends - The tokenization architecture significantly reduces costs associated with traditional issuance and greatly enhances clearing and settlement efficiency [2] - The highly scalable architecture of the structured product tokens allows for flexible adaptation to future technological iterations and product innovations [2] - The collaboration between Guotai Junan International and Ant Group is expected to drive compliant innovation in token products and promote long-term market development in Hong Kong [2]

Core Viewpoint - Guoxing Aerospace has submitted an application for listing on the Hong Kong Stock Exchange, with Guotai Junan International as the sole sponsor [1] Company Overview - Guoxing Aerospace is a full-chain participant in China's commercial aerospace industry, focusing on satellite design, production, operation, and customized satellite-based solutions [1] - The company is a leader in AI computing satellite research, design, and production in China [1] Key Achievements - Guoxing Aerospace launched China's first AI application satellite in 2018 and the first AI computing satellite in 2024 [1] - On May 14, 2025, the company successfully launched the world's first AI computing satellite constellation, consisting of 12 AI computing satellites [1] - As of the last feasible date, Guoxing Aerospace has independently developed 6 AI payloads, 4 AI application satellites, and 16 AI computing satellites, successfully completing 14 space missions [1] - The XSD-15 satellite became the world's first satellite to validate the operation of AI large models in orbit [1]

| 代码 | 简称 | 类型 | 成交金额（万港元） | 成交净买入（万港元） | 日涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 00700 | 腾讯控股 | 港股通(沪) | 352682.92 | 161844.29 | 0.42 | | 00763 | 中兴通讯 | 港股通(沪) | 307773.02 | 19502.71 | 5.38 | | 01810 | 小米集团-W | 港股通(沪) | 305180.48 | 82808.55 | -2.28 | | 03690 | 美团-W | 港股通(沪) | 274431.03 | 78855.83 | -3.06 | | 09988 | 阿里巴巴-W | 港股通(沪) | 257665.26 | 23823.73 | -1.53 | | 09988 | 阿里巴巴-W | 港股通(深) | 251722.00 | -51989.58 | -1.53 | | 00981 | 中芯国际 | 港股通(沪) | 218961.92 | -32961.86 | -0.10 | | 00763 | 中兴通讯 | ...