Core Insights - The forum on "Cross-Border RMB and Local Currency Transaction Cooperation Potential under the LCT Framework" was held in Indonesia, attracting nearly 300 participants from various sectors, highlighting the growing financial collaboration between China and Indonesia [1][2] Group 1: Economic and Trade Relations - China has been Indonesia's largest trading partner for 12 consecutive years and among the top three sources of investment for 9 years [1] - The cross-border RMB and local currency settlement mechanism is a natural outcome of the comprehensive strategic partnership between China and Indonesia, contributing to the diversification of Indonesia's foreign exchange reserves and enhancing macroeconomic resilience [1][2] Group 2: Local Currency Transaction (LCT) Mechanism - Indonesia has established LCT cooperation mechanisms with multiple countries, including China, with the local currency settlement scale projected to reach $25.66 billion by 2025, with an average monthly user count of 7,568 [2] - The local currency settlement between Indonesia and China is expected to grow significantly from $4.9 billion in 2024 to $13.19 billion in 2025, reflecting strong recognition of the mechanism by enterprises [2] Group 3: Financial Infrastructure and Support - The Indonesian central bank emphasizes cooperation with Chinese financial institutions in local currency settlement and cross-border payment, aiming to enhance transaction efficiency and reduce costs [3] - The LCT mechanism has proven effective in promoting international trade and investment, with local industries in Central Java benefiting significantly from this framework [3] Group 4: Industry and Economic Development - The industrial agglomeration effect in regions like Semarang is accelerating, with increasing demand for financial support in manufacturing and related industries [4] - The China Banking Corporation in Jakarta is a leading player in cross-border RMB clearing, having maintained the top market position for 12 years and supporting cross-border QR payment connectivity [4]

Core Viewpoint - The forum on "Cross-Border Renminbi and Local Currency Transaction Cooperation Potential under the LCT Framework" held by Bank of China (Hong Kong) in Indonesia highlights the growing importance of local currency transactions between China and Indonesia, reflecting the strong bilateral relationship and economic cooperation between the two countries [1][3]. Group 1: Forum Highlights - The forum was attended by nearly 300 guests, including representatives from the Indonesian central bank, local Chinese communities, business associations, and major enterprises [1]. - The Chinese Consul General in Medan emphasized that the bilateral relationship is at its historical best, with China being Indonesia's largest trading partner for 12 consecutive years and among the top three sources of investment for nine years [3]. Group 2: Local Currency Transaction (LCT) Mechanism - Indonesia has established local currency settlement (LCT) mechanisms with multiple countries, including China, to facilitate bilateral trade and investment [3]. - The LCT mechanism is projected to increase the local currency settlement scale to USD 25.66 billion by 2025, with the number of monthly users reaching 7,568 [3]. - The local currency settlement between Indonesia and China is expected to grow significantly from USD 4.9 billion in 2024 to USD 13.19 billion in 2025, indicating strong recognition of the mechanism by enterprises [3]. Group 3: Economic Implications - The LCT mechanism is seen as a way to diversify Indonesia's foreign exchange reserves, reduce exchange rate risks, and enhance the stability of the local currency and macroeconomic resilience [3][4]. - The Indonesian central bank highlighted that the LCT mechanism effectively lowers transaction costs, improves transaction efficiency, and promotes international trade and investment activities [4]. Group 4: Industry Insights - The President of the Indonesian Chinese Chamber of Commerce noted that Indonesia is a key area for cooperation with China, with increasing demand for financial support in manufacturing and related industries [4]. - The region of Medan is identified as an important economic hub, with solid industrial foundations and significant logistics and infrastructure capabilities, making it a primary destination for Chinese enterprises expanding into Indonesia [4]. Group 5: Future Prospects - A senior strategist from Bank of China (Hong Kong) discussed the potential and prospects of the LCT mechanism, focusing on optimizing its development and expanding the use of Renminbi in key Indonesian industries [5]. - Indonesia is currently the third-largest Renminbi market in ASEAN, with Renminbi becoming the third-largest foreign exchange trading currency locally, and it is projected that by 2025, Renminbi settlements will account for 35% of bilateral trade, surpassing other ASEAN countries [5].

Core Viewpoint - The Hang Seng Index (HSI) experienced a closing price of 26,985.57, reflecting an increase of 425.62 points or 1.60% [1]. Group 1: Market Performance - The Hang Seng Index (HSI) closed at 26,985.57, up by 425.62 points or 1.60% [1]. - The index reached a high of 26,989.63 and a low of 26,628.55 during the trading session [1]. - The trading volume was 47.8275 million shares, with an average price of 26,809.09 [1]. Group 2: Major Blue-Chip Stocks - Major blue-chip stocks mostly declined, with HSBC Holdings closing at 134.800 HKD, down 2.67% from the previous close [2]. - Tencent Holdings closed at 547.500 HKD, reflecting a decrease of 1.97% [2]. - Other notable declines included AIA Group, which fell by 5.54%, and Meituan, which decreased by 2.56% [3]. Group 3: Stock Price Movements - Tencent Holdings (00700) reported a price of 547.500 HKD, down by 11.000 HKD or 1.97% [3]. - HSBC Holdings (00005) closed at 134.800 HKD, down by 3.700 HKD or 2.67% [3]. - AIA Group (01299) saw a significant drop of 4.900 HKD, translating to a 5.54% decrease [3].

证券之星消息，2月5日南向资金减持117.3万股中银香港（02388.HK）。近5个交易日中，获南向资金减 持的有5天，累计净减持551.6万股。近20个交易日中，获南向资金减持的有15天，累计净减持1242.32万 股。截至目前，南向资金持有中银香港（02388.HK）3.71亿股，占公司已发行普通股的3.49%。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 中银香港是香港三家发钞银行之一，亦是香港唯一的人民币业务清算行，在各主要业务市场位居前列。 凭借在人民币业务方面的优势，中银香港的人民币服务成为客户的当然选择。我们在香港透过最庞大的 分行网络及多元化的服务渠道，以及网上银行和手机银行等高效电子渠道，为个人、各类企业和机构等 客户提供全面的金融及投资理财服务。透过与母行中国银行的紧密联动，我们为跨国公司、跨境客户、 内地「走出去」企业，以及各地央行和超主权机构客户提供全方位及优质的跨境服务。 ...

Market Overview - The Hang Seng Index (HSI) closed at 26,513.11, down by 334.21 points or 1.24% [1] - The index reached a high of 26,812.73 and a low of 26,414.23 during the trading session [1] - The trading volume was 70.4034 million shares, with an average price of 26,613.48 [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 139.704, up by 0.51% compared to the previous close [2][3] - Tencent Holdings closed at HKD 552.190, down by 1.04% compared to the previous close [2][3] - Alibaba Group (W) closed at HKD 159.500, down by 0.93% [3] - AIA Group closed at HKD 90.700, up by 1.40% [3] - Xiaomi Group (W) closed at HKD 33.960, down by 1.85% [3] - Meituan (W) closed at HKD 92.150, down by 1.13% [3] - China Ping An closed at HKD 72.050, up by 1.05% [3] ADR Performance - Tencent's ADR (TCEHY) was priced at USD 552.190, reflecting a decrease of 1.04% compared to its Hong Kong counterpart [3] - Alibaba's ADR (BABA) was priced at USD 155.411, down by 2.56% compared to its Hong Kong counterpart [3] - HSBC's ADR (HSBC) was priced at USD 139.704, up by 0.51% compared to its Hong Kong counterpart [3]

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: | 2026年1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: | 中銀香港（控股）有限公司 | | | | 呈交日期: | 2026年2月3日 | | | | I. 法定/註冊股本變動 | 不適用 | | | | 備註： | | | | | 本公司可發行的股份數目上限為20,000,000,000股普通股股份及其股本並無股份面值。 | | | | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 | 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) | 02388 | | 說明 | | | | | | | 多櫃檯證券代號 | 82388 ...

报告还指出，来自中国的新移民及游客增加，支持对高收益银行保险产品的兴趣，而香港IPO势头强劲 亦为财富管理业务创造理想环境，预计银行业手续费增长可能超过先前市场普遍预期的低十位数增幅， 而保险费及服务收入至少会有十位数的增长。 2月3日，香港本地银行股集体拉升上涨，其中，渣打集团、汇丰控股齐创新高，分别上涨3.5%及 2.2%，中银香港涨约2%，大新银行集团涨超1%。 消息上，根据彭博产业研究，以汇控及中银香港为首的香港银行业，今年财富管理费用收入可能增长超 过20%，主要受基金销售、经纪收入及银行保险业务所推动。 责任编辑：栎树 | 代码 | 名称 | 最新价 涨跌幅 v | | --- | --- | --- | | 02888 | 潜打集团 | 202.400 3.53% | | 00005 | 汇丰控股 | 137.600 2.15% | | 02388 | 中银香港 | 41.120 1.78% | | 02356 | 大新银行集团 | 11.010 1.19% | 港股频道更多独家策划、专家专栏，免费查阅>> ...

香港本地银行股集体拉升上涨，其中，渣打集团、汇丰控股齐创新高，分别上涨3.5%及2.2%，中银香 港涨约2%，大新银行集团涨超1%。 报告还指出，来自中国的新移民及游客增加，支持对高收益银行保险产品的兴趣，而香港IPO势头强劲 亦为财富管理业务创造理想环境，预计银行业手续费增长可能超过先前市场普遍预期的低十位数增幅， 而保险费及服务收入至少会有十位数的增长。 | 代码 | 名称 | 最新价 涨跌幅 v | | --- | --- | --- | | 02888 | 渣打集团 | 202.400 3.53% | | 00005 | 汇丰控股 | 137.600 2.15% | | 02388 | 中银香港 | 41.120 1.78% | | 02356 | 大新银行集团 | 11.010 1.19% | 消息上，根据彭博产业研究，以汇控及中银香港为首的香港银行业，今年财富管理费用收入可能增长超 过20%，主要受基金销售、经纪收入及银行保险业务所推动。 ...

Market Overview - The Hang Seng Index (HSI) closed at 26,954.92, up by 179.35 points or 0.67% as of February 2, 16:00 Eastern Time [1] - The index reached a high of 27,021.10 and a low of 26,800.30 during the trading session, with a trading volume of 40.725 million shares [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 139.961, increasing by 3.91% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 595.694, down by 0.47% compared to the Hong Kong close [2] Stock Price Movements - Tencent Holdings: Latest price HKD 598.500, down by HKD 7.500 or 1.24% [3] - Alibaba Group: Latest price HKD 163.300, down by HKD 5.900 or 3.49% [3] - HSBC Holdings: Latest price HKD 134.700, down by HKD 1.900 or 1.39% [3] - AIA Group: Latest price HKD 89.050, down by HKD 1.300 or 1.44% [3] - Meituan: Latest price HKD 94.850, down by HKD 2.350 or 2.42% [3] - BYD Company: Latest price HKD 91.000, down by HKD 6.750 or 6.91% [3] - Kuaishou Technology: Latest price HKD 77.000, down by HKD 3.150 or 3.93% [3]

Core Insights - In January 2026, the number of existing property mortgage applications in Hong Kong reached 8,022, a significant increase of 2,940 applications (57.9%) compared to December 2025, marking a 31-month high [1] - The number of pre-sale property mortgage applications was 381, up by 78 applications (25.7%) from December 2025, also reaching a three-month high [1] - Compared to the same period last year, existing property mortgage applications increased by 3,821 applications (91%), while pre-sale property mortgage applications decreased by 15 applications (3.8%) [1] Group 1: Existing Property Mortgages - The existing property mortgage applications in January 2026 showed a notable rise, attributed to new buyers from projects like Anli Court and Anhua Court [1] - The current interest rates are maintained at reasonable levels, and property prices in Hong Kong have stabilized significantly, leading to a reduction of over 30% in negative equity cases, the lowest in nearly nine quarters [1] - Positive factors are expected to enhance market confidence among users and investors, with projections indicating a steady increase in transaction volumes and continued growth in existing and pre-sale mortgage applications [1] Group 2: Market Share of Mortgage Banks - Bank of China Hong Kong (02388) maintained the top position in existing property mortgage market share with 30.4%, followed by HSBC at 22.2%, Hang Seng Bank at 13.7%, Standard Chartered at 8%, and Bank of East Asia at 4.8% [2] - In the pre-sale property mortgage market, HSBC ranked first with a market share of 26.8%, while Bank of China Hong Kong dropped to second with 23.9% [2] - The market share of the four major banks in existing property mortgages increased from 67.8% to 74.3% in January 2026, indicating a rebound in property prices and consumer confidence [2]