值得关注的是，此前因虚拟资产业务进展，国泰君安国际股价已经历一轮暴涨——6月25日（公告后首 个交易日）单日涨幅达198.39%，成为港股稳定币概念龙头，截至7月10日收盘累计涨幅超400%。 这一系列牌照获取，标志着其已完成从经纪、发行到交易的全流程能力构建，正式确立在香港虚拟资产 市场的领先地位。 从经营基本面看，国泰君安国际2024年已展现强劲增长势头：全年营收44.22亿港元，同比增长37%； 税后利润3.48亿港元，同比大增73%。截至2024年底，公司总资产规模达1301.73亿港元，为提供一站式 金融服务奠定坚实基础。 值得注意的是，此次国泰君安国际业绩与股价的双重提振，与其在虚拟资产领域的突破性布局密切相 关。6月24日，公司获香港证监会批准，将现有证券交易牌照升级为可提供虚拟资产交易服务及意见， 成为首家覆盖虚拟资产交易全链条的中资券商。 7月10日午间，国泰君安国际发布业绩预告，预计2025年上半年净利润达5.15亿至5.95亿港元，较2024年 同期的1.97亿港元大幅增长161%-202%。公告指出，业绩飙升主要得益于财富管理、企业融资、资产 管理、交易及投资等核心业务收入显著提升。 ...

Group 1 - The core viewpoint of the article is that Guotai Junan International expects a significant increase in net profit by 161% to 202% for the first half of 2025, driven by strong performance in its core business areas [2][3] - Guotai Junan International's projected net profit for the six months ending June 30, 2025, is estimated to be between HKD 515 million and HKD 595 million, compared to approximately HKD 197 million for the same period in 2024 [2] - The growth in net profit is attributed to substantial increases in revenue from wealth management, corporate financing, asset management, trading, and investment services [2] Group 2 - Guotai Junan International has become the first Hong Kong-based Chinese brokerage to receive approval from the Hong Kong Securities and Futures Commission to upgrade its securities trading license to provide virtual asset trading services [2][3] - Following the license upgrade, clients will be able to trade cryptocurrencies such as Bitcoin and Ethereum, as well as stablecoins like Tether, directly on Guotai Junan International's platform [2] - The company's stock price has surged significantly, reaching HKD 6.01, with a 624% increase since early April, resulting in a market capitalization of HKD 57.2 billion [3]

Core Viewpoint - Guotai Junan International expects a net profit of HKD 515 million to HKD 595 million for the six months ending June 30, 2025, representing a growth of 161% to 202% compared to HKD 197 million in the same period of 2024 [1] Summary by Categories Financial Performance - The anticipated profit growth is primarily driven by significant increases in revenue from core businesses including wealth management, corporate financing, asset management, and trading and investment [1]

Market Overview - On July 9, the Hang Seng Index fell by 1.06%, closing at 23,892.32 points, while southbound funds through the Stock Connect recorded a net purchase of HKD 9.256 billion [1][3] - The total trading volume for the Stock Connect on July 9 was HKD 132.654 billion, with a net purchase of HKD 9.256 billion [1] Stock Performance - In the Shanghai Stock Connect, the total trading volume was HKD 88.533 billion, with a net purchase of HKD 6.585 billion; in the Shenzhen Stock Connect, the trading volume was HKD 44.122 billion, with a net purchase of HKD 2.672 billion [1] - The most actively traded stock in the Shanghai Stock Connect was Legend Holdings, with a trading volume of HKD 10.867 billion, followed by Guotai Junan International and Alibaba-W, with trading volumes of HKD 9.711 billion and HKD 4.349 billion, respectively [1][2] - In terms of net buying, China Construction Bank led with a net purchase of HKD 1.1 billion, despite its stock price declining by 0.24% [1] - Tencent Holdings had the highest net selling amount at HKD 49 million, with its stock price down by 1.37% [1] Shenzhen Stock Connect Highlights - In the Shenzhen Stock Connect, Guotai Junan International topped the trading volume with HKD 3.649 billion, followed by Legend Holdings and Alibaba-W with HKD 3.320 billion and HKD 3.072 billion, respectively [2] - The stock with the highest net purchase was China National Pharmaceutical Group, with a net purchase of HKD 309 million, and its stock price increased by 10.06% [2] - Alibaba-W experienced the highest net selling amount at HKD 25 million, with its stock price down by 3.83% [2]

| 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 国泰君安国际(01788) | 36.49 亿元 | +6311.76 万元 | | 巨星传奇(06683) | 33.20 亿元 | +1.55 亿元 | | 阿里巴巴-W(09988) | 30.72 亿元 | -2453.99 万元 | | 腾讯控股(00700) | 13.11 亿元 | +8770.15 万元 | | 小米集团-W(01810) | 12.18 亿元 | +9209.28 万元 | | 美团-W(03690) | 11.25 亿元 | +2.50 亿元 | | 中芯国际(00981) | 7.54 亿元 | +2.55 亿元 | | 香港中旅(00308) | 7.49 亿元 | +2785.46 万元 | | 中国生物制药(01177) | 5.62 亿元 | +3.09 亿元 | | 协鑫科技(03800) | 5.17 亿元 | +89.28 万元 | | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 巨星传奇(06683) | 108.67 亿元 ...

Market Overview - On July 8, the Hang Seng Index rose by 1.09%, closing at 24,148.07 points, with a net inflow of HKD 387 million through the southbound trading channel [1] - The total trading volume for the southbound trading on July 8 was HKD 113.64 billion, with a net buying of HKD 387 million [1] Southbound Trading Details - In the Shanghai-Hong Kong Stock Connect, the trading volume was HKD 74.44 billion with a net selling of HKD 23.8 million, while the Shenzhen-Hong Kong Stock Connect had a trading volume of HKD 39.21 billion with a net buying of HKD 625 million [1] - The most actively traded stock in the Shanghai-Hong Kong Stock Connect was Guotai Junan International, with a trading amount of HKD 1,002.40 million [2] - Alibaba-W and Meituan-W followed, with trading amounts of HKD 295.44 million and HKD 263.50 million, respectively [2] Net Buying and Selling Analysis - In terms of net buying, Meituan-W led with a net inflow of HKD 92.32 million, closing with a price increase of 2.69% [1] - The stock with the highest net selling was the Tracker Fund of Hong Kong, with a net outflow of HKD 98.10 million, while it closed up by 1.15% [1] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W had the highest net buying of HKD 55.61 million, closing up by 1.52% [2] - The stock with the highest net selling in this segment was Hang Seng China Enterprises, with a net outflow of HKD 54.45 million, closing up by 1.30% [2] Active Stocks Summary - The top ten actively traded stocks in the southbound trading included Guotai Junan International, Alibaba-W, and Tencent Holdings, with respective trading amounts of HKD 1,002.40 million, HKD 295.44 million, and HKD 186.60 million [2] - The daily price changes for these stocks varied, with Guotai Junan International showing a significant increase of 28.54% [2]

（文章来源：证券时报网） 从连续性进行统计， 有3只股获南向资金连续3天以上净买入，连续净买入天数较多的有中芯国际、建 设银行、国泰君安国际，连续净买入天数分别为13天、4天、3天。以其间净买入金额统计，净买入金额 最多的是中芯国际，合计净买入为77.95亿港元，其次是建设银行合计净买入为12.43亿港元，国泰君安 国际合计净买入为5.90亿港元。（数据宝） 7月8日南向资金成交活跃股 | 代码 | 简称 | 成交金额（万港元） | 成交净买入（万港元） | 今日涨跌幅（%） | | --- | --- | --- | --- | --- | | 09988 | 阿里巴巴-W | 461679.67 | 141061.89 | 1.52 | | 03690 | 美团-W | 367677.46 | 113143.46 | 2.69 | | 00939 | 建设银行 | 157510.24 | 39424.17 | 0.49 | | 03800 | 协鑫科技 | 250144.18 | 23492.50 | 10.81 | | 01788 | 国泰君安国际 | 1356066.51 | 19425.25 | 2 ...

Group 1 - The core viewpoint of the news is that Hong Kong's stablecoin concept stocks, led by Guotai Junan International, are experiencing significant price increases ahead of the implementation of the Stablecoin Regulation on August 1, which will allow for the licensing of virtual asset trading services [1][4] - As of July 8, Guotai Junan International's stock rose by 25.54%, with a year-to-date increase of 452.7%. Other Chinese brokerage stocks also saw gains, indicating a broader positive trend in the sector [3][5] - The upcoming Stablecoin Regulation is expected to enhance the valuation, pricing, and trading of stablecoins and other virtual assets, thereby increasing business and scale for brokerages [4][6] Group 2 - The Hong Kong Monetary Authority will begin accepting license applications for virtual asset trading services, with expectations that the number of approved licenses will be in single digits [4][5] - The recent rise in stablecoin concept stocks is attributed to the establishment of regulatory frameworks in various markets, including Hong Kong, which supports the stablecoin market's development [4][6] - The approval of virtual asset trading licenses is seen as a critical move for companies to capture market opportunities in the digital asset era, potentially leading to increased business volume and efficiency in payment systems [5][6]

2025年7月8日当天，国泰君安国际(01788)、阿里巴巴-W(09988)、美团-W(03690)位居沪港通（南向） 成交额前3位，成交额分别为100.24 亿元、29.54 亿元、26.35 亿元；国泰君安国际(01788)、阿里巴巴- W(09988)、腾讯控股(00700) 位居深港通（南向）成交额前3位，成交额分别为35.37 亿元、16.62 亿 元、12.70 亿元。 深港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 国泰君安国际(01788) | 35.37 亿元 | +1.67 亿元 | | 阿里巴巴-W(09988) | 16.62 亿元 | +5.56 亿元 | | 腾讯控股(00700) | 12.70 亿元 | -2.11 亿元 | | 中芯国际(00981) | 12.40 亿元 | +1.04 亿元 | | 小米集团-W(01810) | 12.29 亿元 | -2425.57 万元 | | 美团-W(03690) | 10.42 亿元 | +2.08 亿元 | | 协鑫科技(03800) | 8.74 亿 ...

交易所数据显示，7月8日南向资金动向： 大幅净买入：阿里巴巴-W(09988.HK)14.11亿港元、美团-W(03690.HK)11.31亿港元、建设银行 (00939.HK)3.94亿港元、协鑫科技(03800.HK)2.35亿港元、国泰君安国际(01788.HK)1.94亿港元、快手- W(01024.HK)1.61亿港元。 7月8日消息，南向资金今日成交1136.41亿港元，净流入约3.87亿港元。其中沪港股通净流出约2.38亿港 元，深港股通净流入约6.25亿港元 协鑫科技今日涨10.81%，沪港股通净买入3.08亿港元，深港股通净卖出7297.44万港元。 国泰君安国际今日涨28.54%，沪港股通净买入2726.30万港元，深港股通净买入1.67亿港元。 快手W今日涨5.16%，深港股通净买入1.61亿港元。 盈富基金今日涨1.15%，沪港股通净卖出98098.69万港元。 腾讯控股今日涨0.50%，沪港股通净卖出41090.64万港元，深港股通净卖出21076.07万港元。 大幅净卖出：盈富基金(02800.HK)98098.69万港元、腾讯控股(00700.HK)62166.71万港元、恒生中 ...