Group 1 - Hong Kong brokerage stocks experienced a rapid increase on January 6, with Guotai Junan International rising over 10% [1] - Zhongzhou Securities saw an increase of over 6% [1] - Other firms such as China International Capital Corporation, China Galaxy Securities, and CITIC Securities rose by more than 3% [1]

Core Viewpoint - Wanbang Digital Energy has submitted a listing application to the Hong Kong Stock Exchange, with JPMorgan, Guotai Junan International, and CMB International as joint sponsors [1] Company Summary - Wanbang Digital Energy is projected to sell over 470,000 smart charging devices globally in 2024, making it the largest supplier of smart charging devices that year [1] - The company is the first in China to receive certification from high-end international OEM clients for its smart charging devices [1] - Wanbang has expanded its business to microgrid systems and large-scale energy storage systems, having delivered over 300 microgrid systems globally [1] - As of September 30, 2025, the company's overseas revenue reached RMB 572.9 million, accounting for 18.6% of total revenue [1] Industry Summary - The global smart charging device market is expected to continue growing, with DC charging devices projected to grow faster than AC charging devices from 2024 to 2030 [1] - The growth rate in overseas markets is anticipated to surpass that of the Chinese market [1] - Large-scale energy storage systems are expected to be the main contributors to the energy storage market, projected to account for the majority of global installed capacity by 2030 [1]

Core Viewpoint - Wanbang Digital Energy has submitted a listing application to the Hong Kong Stock Exchange, with JPMorgan, Guotai Junan International, and CMB International as joint sponsors [1] Company Summary - Wanbang Digital Energy is projected to sell over 470,000 smart charging devices globally in 2024, making it the largest supplier of smart charging devices that year [1] - The company is the first in China to receive certification from high-end international OEM clients for its smart charging devices [1] - Wanbang has expanded its business to include microgrid systems and large-scale energy storage systems, having delivered over 300 microgrid systems globally [1] - As of September 30, 2025, the company's overseas revenue reached RMB 572.9 million, accounting for 18.6% of total revenue [1] Industry Summary - The global smart charging device market is expected to continue growing, with DC charging devices projected to outpace AC charging devices in growth from 2024 to 2030 [1] - The growth rate in overseas markets is anticipated to surpass that of the Chinese market [1] - Large-scale energy storage systems are expected to be the main contributors to the energy storage market, projected to account for the majority of the global installed capacity by 2030 [1]

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12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: | 國泰君安國際控股有限公司 | | | 呈交日期: | 2026年1月2日 | | | I. 法定/註冊股本變動 不適用 | | | (A). 股份期權（根據發行人的股份期權計劃） FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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) | 01788 | | 說明 | 股份 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 9,529,944,707 | | 0 ...

Core Viewpoint - The offshore bond market for Chinese entities in 2025 is characterized by "diversification and innovation," with a significant increase in the issuance of offshore RMB bonds as global investors continue to recognize RMB assets [1]. Group 1: Market Overview - The total number of new offshore Chinese bonds underwritten in 2025 reached 1,461, with a total issuance amount of $209.75 billion [1]. - The issuance of offshore municipal bonds totaled 305 bonds, amounting to $28.57 billion, while offshore financial bonds accounted for 817 bonds, totaling $82.49 billion [1]. Group 2: Underwriting Rankings - The top underwriters for offshore Chinese bonds in 2025 were: - Bank of China: 281 bonds, $14.70 billion [3]. - HSBC: 229 bonds, $12.09 billion [3]. - Industrial and Commercial Bank of China: 250 bonds, $8.24 billion [3]. - Citic Securities led in the number of projects underwritten with 496 bonds, followed by Citic Bank with 336 bonds, and Haitong International Securities with 322 bonds [9]. Group 3: Detailed Rankings - The detailed rankings for underwriting amounts and project counts are as follows: - For underwriting amounts: - Bank of China: $14.70 billion [20]. - HSBC: $12.09 billion [20]. - Industrial and Commercial Bank of China: $8.24 billion [20]. - For project counts: - Citic Securities: 496 bonds [9]. - Citic Bank: 336 bonds [9]. - Haitong International Securities: 322 bonds [9]. Group 4: Subcategory Rankings - In the offshore USD bond category, Bank of China led with 135 bonds totaling $7.65 billion, followed by HSBC with 107 bonds at $7.16 billion [29]. - For offshore municipal bonds, Guotai Junan International topped the list with 118 bonds and $2.41 billion, followed by Dongfang Securities with 78 bonds at $1.84 billion [35]. - In the offshore financial bond category, Bank of China again led with 153 bonds totaling $7.45 billion, followed by HSBC with 129 bonds at $5.61 billion [39]. - For offshore green bonds, Bank of China was the leader with 45 bonds totaling $1.96 billion, followed by Industrial and Commercial Bank of China with 51 bonds at $1.88 billion [43].

國泰君安國際控股有限公司 （於香港註冊成立的有限公司） （股份代號：1788） 提名委員會職權範圍及程序 定義 | 董事會 | 指本公司董事會 | | --- | --- | | 本委員會 | 指本公司董事會提名委員會 | | 本公司 | 指國泰君安國際控股有限公司 | | 董事 | 指本公司董事 | | 獨立非執行董事 | 指須符合上市規則的獨立性規定之本公司獨立非執行董事 | | 上市規則 | 指聯交所證券上市規則 | | 聯交所 | 指香港聯合交易所有限公司 | 本委員會的宗旨 本委員會於 2010 年 6 月 19 日經董事會決議通過成立。本委員會旨在充分考慮關於董事會應保持 均衡組合及董事的委任程序應正式、經審慎考慮並具透明度。 成員 出席會議 1 於 2010 年 6 月 19 日採納 於 2018 年 12 月 14 日修訂 於 2022 年 3 月 28 日修訂 於 2025 年 12 月 29 日修訂 13. 本委員會應在聯交所網站及本公司網站上公開其職權範圍。 2 1. 本委員會成員由董事會委任，大部份應為獨立非執行董事，而至少一名成員為不同性別。 2. 本委員會主席由董事會委任，並且應爲 ...

Core Viewpoint - Chengtai Technology has submitted an application for a mainboard listing on the Hong Kong Stock Exchange, with Guotai Junan International as its sole sponsor [1] Group 1: Company Overview - The company specializes in the design, research and development, manufacturing, and commercialization of millimeter-wave radar products [1] - Chengtai Technology operates production bases in Shenzhen and Suzhou [1] - The company employs a "business three-ring" model, focusing on high-quality hardware, agile software, and rapid delivery to provide OEM customers with high-quality and quickly deployable intelligent driving products and services [1] Group 2: Product Offerings - Chengtai Technology has developed multiple generations of millimeter-wave radar product matrices that support intelligent driving needs from L0 to L2+, including competitive 5th generation 4D radar and 5.5th generation high-resolution 4D radar products [1] - The company has established partnerships with over 20 automotive industry clients, including several leading Chinese OEMs, and its high-resolution products have been adopted by major clients [1] - Chengtai Technology is currently in discussions with leading European automotive brands [1] Group 3: Competitive Advantages - The company demonstrates significant advantages in delivery efficiency, with an average product delivery cycle for customized software ranging from 6 to 9 months, which is considerably lower than the industry average of 12 to 24 months [1] - Some collaborative projects can even be delivered within one month [1]

格隆汇12月22日线上举办"科技赋能·资本破局"分享会。备受瞩目的卓越公司评选榜单隆重揭晓。其 中，格隆汇"金格奖"年度卓越公司评选中，国泰君安国际(01788.HK)荣获"年度港股通卓越奖"奖项。 "年度港股通卓越奖"重点考量企业经营质地、流动性指标、成交活跃度指标，包括港股通持股占比、港 股通持股量、换手率等多个方面。奖项旨在表彰公司治理结构健康、行业地位显著、主营业务良好，能 为投资者提供持续、稳定价值回报的港股通上市公司。 ...

Core Insights - The "Golden Award" annual outstanding company selection by Gelonghui announced five companies as winners of the "Annual Hong Kong Stock Connect Outstanding Award" [1] - The award aims to recognize companies with healthy governance structures, significant industry positions, and good main business performance, providing sustainable and stable value returns to investors [1] Group 1: Award Winners - The five companies awarded are: Fenbi (02469.HK), Guotai Junan International (01788.HK), Hezhima Intelligent (02533.HK), Kingsoft Cloud (03896.HK/KC.US), and Jiufang Zhitu Holdings (09636.HK) [1] - The ranking of the awarded companies is not in any specific order and is based on the first letter of their names [1] Group 2: Evaluation Criteria - The evaluation for the "Annual Hong Kong Stock Connect Outstanding Award" considered multiple factors including operational quality, liquidity indicators, and trading activity metrics such as the proportion of Hong Kong Stock Connect holdings, the volume of Hong Kong Stock Connect holdings, and turnover rates [1] - The final results were derived through quantitative data analysis and an expert review panel [1] Group 3: Broader Context - Gelonghui's selection aims to create a reference value for listed companies and unicorn companies within the investment community, covering all listed companies on the Hong Kong Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, New York Stock Exchange, American Stock Exchange, and NASDAQ [2]

Group 1 - The core viewpoint of the article highlights the rise in stablecoin-related stocks, with notable increases in share prices for companies such as Guotai Junan International (up 4.82% to HKD 2.61), Yunfeng Financial (up 4.5% to HKD 3.48), ZhongAn Online (up 4.42% to HKD 16.07), and Yaocai Securities (up 3.35% to HKD 8.33) [1] - Hong Kong's Financial Secretary, Xu Zhengyu, announced that as of the end of September this year, 36 applications for stablecoin licenses have been received from various sectors, with some licenses expected to be issued early next year, prioritizing robust reserve management, price stability, and anti-money laundering measures [1] - Xu emphasized that these measures not only protect investors but also establish a clear compliance path to reduce ambiguities that could lead to trading conflicts, thereby helping to resolve potential disputes [1] - Regarding the licensing system for virtual asset trading and custody service providers, Xu stated that discussions are ongoing with the Hong Kong Securities and Futures Commission to develop detailed licensing regulations, which are planned to be submitted to the Legislative Council for review next year, aiming to balance risk management and innovation within the virtual asset industry [1]