Core Viewpoint - The Chinese shipping industry has demonstrated strong resilience and vitality over the past year, achieving new results in high-quality development amidst complex environments [3]. Shipping Economic Performance - The maritime connectivity of China has maintained the world's highest ranking for 19 consecutive years, with the international shipping volume expected to account for 31.3% of global shipping volume in 2024. The port cargo throughput and container throughput have ranked first globally for several years [4]. - In the first eight months of this year, the national waterway freight volume reached 6.56 billion tons, a year-on-year increase of 3.8%. The total cargo throughput at ports was 12.03 billion tons, up 4.4%, and container throughput was approximately 23 million TEUs, increasing by 6.3% [4]. Shipping Infrastructure Development - Major waterway infrastructure projects are advancing, with the construction progress of the Xiaoyangshan North Container Terminal exceeding 50% and the Pinglu Canal over 80% [5]. - In the first eight months, national waterway construction investment reached 143.27 billion yuan, a year-on-year increase of 3.6%, providing strong support for domestic demand expansion and stable growth [5]. Smart Port Construction - China has built 60 automated terminals, leading global smart port construction. The national electronic navigation chart has surpassed 10,000 kilometers in published mileage [7]. - The use of shore power for vessels has become normalized, with annual usage expected to exceed 200 million kilowatt-hours [7]. Regulatory and Policy Framework - The revision of the "International Shipping Regulations" provides a solid legal guarantee for national maritime safety and development. A comprehensive policy system for high-quality inland waterway shipping development has been established [8]. International Cooperation - China has signed maritime agreements with Kuwait and has reached 70 countries and regions for bilateral and multilateral maritime agreements. The Shanghai International Shipping Center ranks among the top three globally [9]. Shanghai International Shipping Center Development - The Shanghai International Shipping Center has transitioned from "basically completed" to "fully completed" during the 14th Five-Year Plan, maintaining a top-three global ranking [10]. Port and Airport Development - Shanghai Port's container throughput is expected to reach 51.506 million TEUs in 2024, maintaining its position as the world's largest port for 15 consecutive years [12]. - In the first nine months, Shanghai's airport handled 1 billion passengers and 3.2869 million tons of cargo, with respective year-on-year growth of 8.04% and 6.72% [12]. Cruise Port Development - The first domestically produced large cruise ship, "Aida·Magic City," will commence commercial operations in January 2024. In the first nine months, Shanghai's cruise port received 225 international cruise calls, with passenger throughput increasing by nearly 45% [13]. Shipping Service Enhancement - Shanghai has established a multi-level, full-chain temporary arbitration system for maritime disputes, filling a domestic gap. The first foreign-related maritime temporary arbitration case was adjudicated in Shanghai in August 2024 [14]. Green and Smart Shipping Transition - Shanghai Port's LNG refueling capacity is increasing, and it has become one of the few ports globally capable of both LNG and methanol refueling. The Shanghai International Shipping Carbon Footprint Labeling Association has been established [15]. - The Yangshan Deepwater Port's fully automated terminal is now operational, and a digital trade platform has been launched [15][16]. 2025 North Bund International Shipping Forum - The forum, co-hosted by the Ministry of Transport and the Shanghai Municipal Government, will take place from October 19 to 21, 2025, focusing on global shipping sustainable development [17][19]. - The forum will include various sub-forums and activities, with an expected attendance of 4,000 participants from over 50 countries and regions [19].

Market Overview - The Hong Kong stock market showed mixed performance on October 16, with the Hang Seng Index slightly down by 0.09%, the Hang Seng China Enterprises Index up by 0.09%, and the Hang Seng Tech Index down by 1.18% [1][2]. Technology Sector - Major technology stocks experienced weakness, with Xiaomi down by 3.6%, Baidu, Meituan, and Tencent Holdings each down over 1%, while JD.com, Kuaishou, and Alibaba also saw slight declines [2][3][4]. - The overall performance of the technology sector was negatively impacted, with significant declines in stocks related to electric vehicles, robotics, and semiconductor industries [2][5][7]. Electric Vehicle Sector - The electric vehicle sector faced a downturn, with NIO dropping nearly 9% and other companies like Li Auto, Xpeng, and BYD also experiencing declines [5][6]. Education Sector - The education sector showed strong performance, with companies like Think Academy seeing a remarkable increase of 26.5% due to plans to raise approximately HKD 241 million for future AI projects [9][10]. Apple-Related Stocks - Apple-related stocks performed well, with BYD Electronics rising nearly 5% following discussions between Apple's CEO Tim Cook and Chinese officials regarding business development in China [11][12]. Coal Sector - Coal stocks saw gains, with China Qinfa up over 8% as demand for coal increased due to seasonal factors [13]. Shipping Sector - The shipping sector was active, with companies like Orient Overseas International and COSCO Shipping Holdings rising nearly 4% following the announcement of new fees for ships from U.S. ports [14]. Innovative Drug Sector - The innovative drug sector experienced growth, with companies like 3SBio and Innovent Biologics rising nearly 6% ahead of a significant conference in Berlin [16][17]. Insurance Sector - Insurance stocks were active, with China Life rising nearly 5% following positive earnings forecasts from major players in the sector [18][20]. IPO Activity - The recent IPO of Cloudwalk saw a significant increase of 26.05% on its first day of trading, reflecting strong market interest [21]. Market Outlook - Analysts suggest that the Hong Kong stock market may experience wide fluctuations in the future, with a focus on sectors such as precious metals and AI-related industries due to ongoing geopolitical tensions and economic uncertainties [23].

格隆汇10月16日丨中远海控(01919.HK)宣布，将于2025年10月30日(星期四)举行董事会会议，以考虑及 通过(其中包括)公司及其附属公司截至2025年9月30日止九个月的未经审核业绩。 ...

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。 中遠海運控股股份有限公司 COSCO SHIPPING Holdings Co., Ltd.* 公司秘書 肖俊光 （股份代號：1919） 董事會會議通知 中遠海運控股股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，將於二零 二五年十月三十日（星期四）舉行董事會會議，以考慮及通過（其中包括）本公司及 其附屬公司截至二零二五年九月三十日止九個月之未經審核業績。 承董事會命 中遠海運控股股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 中華人民共和國，上海 二零二五年十月十六日 於本公告日期，本公司董事為萬敏先生（董事長）、張峰先生 1 （副董事長）、 1 陶衛東先生 1 、朱濤先生 1 、徐飛攀先生 1 、余德先生 2 、馬時亨教授 3 、沈抖先生 3 及 奚治月女士 3 。 1 執行董事 2 非執行董事 3 獨立非執行董事 * 僅供識別 ...

Core Insights - The Hong Kong High Dividend ETF (159302) closed up 1.30% on October 16, with a trading volume of 14.12 million yuan [1] - The fund was established on August 23, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1] - As of October 15, 2024, the fund's latest share count was 84.80 million, with a total size of 111 million yuan, reflecting a decrease of 22.06% in shares and 8.55% in size since December 31, 2024 [1] Fund Performance - The current fund manager, Zhang Yichi, has managed the fund since its inception, achieving a return of 28.93% during his tenure [2] - The fund's performance benchmark is the China Securities Hong Kong Stock Connect High Dividend Investment Index [1] Holdings Overview - Major holdings in the fund include: - COSCO Shipping Holdings (8.68% of holdings) - Yancoal Australia (6.17%) - Seaspan Corporation (4.28%) - Orient Overseas International (4.23%) - Minsheng Bank (4.22%) - CITIC Bank (4.07%) - China Petroleum (3.41%) - Guotai Junan Securities (3.41%) - Agricultural Bank of China (3.30%) - CNOOC (3.19%) [2]

Group 1 - Shipping stocks are showing active performance with notable increases in share prices [1] - China Merchants Energy (01138.HK) rose by 3.21%, reaching HKD 9.65 [1] - Orient Overseas International (00316.HK) increased by 3%, trading at HKD 126.9 [1] - China Merchants Industry (01919.HK) saw a rise of 2.97%, priced at HKD 12.82 [1] - Yang Ming Marine Transport (02510.HK) gained 1.7%, with shares at HKD 8.39 [1]

Core Viewpoint - The shipping stocks are experiencing active performance due to the upcoming implementation of the U.S. 301 port fee measures on October 14, which has prompted China to announce retaliatory port fees on U.S. vessels. This situation is expected to create short-term volatility in shipping rates, particularly in the oil transportation sector, where rates have already surged due to recent sanctions and fee announcements [1][2]. Group 1: Shipping Stock Performance - Cosco Shipping Energy (01138) rose by 3.21% to HKD 9.65 [1] - Orient Overseas International (00316) increased by 3% to HKD 126.9 [1] - Cosco Shipping Holdings (01919) gained 2.97% to HKD 12.82 [1] - Yang Ming Marine Transport (02510) saw a rise of 1.7% to HKD 8.39 [1] Group 2: Impact of U.S.-China Port Fee Measures - The U.S. port fee measures are expected to have a limited overall impact on freight rates, but initial implementation chaos may lead to rate fluctuations [1] - The introduction of special port fees by China on U.S. vessels is anticipated to increase costs for shipping companies, potentially leading to a stronger motivation for cost pass-through and increased bargaining power for these companies [2] - In the medium to long term, shipping companies may adjust their capacity across global routes to mitigate the impact of port fees, but the significant role of China in global dry bulk, energy transport, and manufacturing exports necessitates ongoing observation of the situation [2] Group 3: Oil Shipping Market Outlook - Following the recent sanctions and the announcement of special port fees, there is heightened concern regarding port congestion and supply chain efficiency, leading to a significant increase in VLCC shipping rates week-on-week [1] - The combination of seasonal demand and the current market conditions suggests that oil shipping rates are likely to perform strongly in the short term [1]

Group 1 - Shipping stocks are experiencing active performance, with notable increases in share prices for companies such as COSCO Shipping Energy (up 3.21% to HKD 9.65), Orient Overseas International (up 3% to HKD 126.9), COSCO Shipping Holdings (up 2.97% to HKD 12.82), and Yang Ming Marine Transport (up 1.7% to HKD 8.39) [1] - The U.S. 301 port fee measures will be implemented on October 14, prompting China to announce special port fees for U.S. vessels starting the same day. This reciprocal action is expected to create short-term price fluctuations in shipping rates due to initial implementation chaos [1][2] - Concerns over port congestion and supply chain efficiency have intensified following new U.S. sanctions and China's announcement of special port fees, leading to a significant increase in VLCC shipping rates last week. The combination of these factors and the seasonal peak is expected to result in strong performance for oil shipping rates in the short to medium term [1] Group 2 - The reciprocal port fee measures between China and the U.S. are anticipated to increase costs for shipping companies, potentially disrupting established trading rhythms and causing short-term chaos. This environment may empower shipping companies to pass on costs and exert greater pricing power, supporting short-term rate increases [2] - In the medium to long term, shipping companies may adjust capacity across global routes to mitigate the impact of port fees. However, given China's critical role in global dry bulk, energy transport, and manufacturing exports, the ultimate effects of these measures will require further observation [2] - Investment opportunities in shipping stocks related to U.S.-China trade tensions are suggested, with oil and dry bulk shipping rates likely to benefit from the short-term risk premium associated with the current chaos [2]

Core Viewpoint - COSCO Shipping Holdings announced a cash dividend of 0.56 yuan per share (before tax) for A-shares, with the record date set for October 23, 2025, and the ex-dividend date on October 24, 2025 [1] Summary by Relevant Sections - Dividend Announcement - The company will distribute a cash dividend of 0.56 yuan per share (including tax) for the first half of 2025 [1] - The record date for shareholders is October 23, 2025 [1] - The ex-dividend date is October 24, 2025 [1]

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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 中遠海運控股股份有限公司 COSCO SHIPPING Holdings Co., Ltd.* （於中華人民共和國註冊成立的股份有限公司） （股份代號：1919） 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作出。 以中文隨附之海外監管公告乃本公司於二零二五年十月十五日在上海證券交易所 的網站( www.sse.com.cn )上以中文發佈。 承董事會命 中遠海運控股股份有限公司 公司秘書 肖俊光 中華人民共和國，上海 二零二五年十月十五日 於本公告日期，本公司董事為萬敏先生（董事長）、張峰先生 1 （副董事長）、 1 陶衛東先生 1 、朱濤先生 1 、徐飛攀先生 1 、余德先生 2 、馬時亨教授 3 、沈抖先生 3 及 奚治月女士 3 。 1 中遠海運控股股份有限公司關於回購股份事項前十大股東和前十大無限售條 件股東持股情況的公告 2 中遠海運控股股份有限公司關於 ...