Market Overview - The Hang Seng Index (HSI) closed at 25,571.06, up by 46.14 points or 0.18% as of August 26, 16:00 Eastern Time [1] - The index reached a high of 25,692.07 and a low of 25,526.43 during the trading session, with a trading volume of 37.496 million [1] Major Blue-Chip Stocks Performance - Most large-cap stocks saw an increase, with HSBC Holdings closing at HKD 102.078, up by 1.87% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 610.224, reflecting a slight increase of 0.12% from the Hong Kong close [2] Stock Movements - Tencent Holdings experienced a decrease of HKD 5.000, or 0.81%, while its ADR price increased by HKD 0.724, or 0.12% [3] - Alibaba Group saw a decline of HKD 3.200, or 2.57%, with its ADR price down by HKD 0.317, or 0.26% [3] - HSBC Holdings dropped by HKD 1.300, or 1.28%, but its ADR price increased by HKD 1.878, or 1.87% [3] - Other notable movements include Meituan-W down by HKD 2.300, or 1.88%, and BYD Company up by HKD 1.800, or 1.55% [3]

虽然单月按揭登记数字回落，但今年资助房屋按揭登记量仍然明显优于去年，总计今年首七个月共有 8730宗，较2024年同期的5777宗大增51.1%，主因是受惠于今年有多个新居屋项目入伙上会带动，包括 观塘安秀苑、油塘高宏苑等大型屋苑。 中原按揭董事总经理王美凤表示，根据中原按揭研究部及土地注册处资料显示，2025年7月份香港共录 得1166宗资助房屋按揭登记(包括居屋及其他资助性房屋)，较6月份的2267宗环比下跌48.6%，这与7月 份新居屋入伙上会登记量相对6月份大幅减少有关，7月份约有500个新居屋高宏苑入伙上会登记，而6月 份约有1700个新居屋入伙上会登记。 中银香港(02388)的资助房屋按揭业务持续强势，于7月份以市占率51.7%成为资助房屋按揭巿占第一， 首七个月累计巿占率达50.3%领先，单月计是自从2023年8月以来，连续24个月蝉联资助房屋按揭巿占 冠军。 ...

Market Overview - The Hang Seng Index (HSI) closed at 25,129.15, up by 24.54 points or 0.10% from the previous close [1] - The index reached a high of 25,167.65 and a low of 25,039.93 during the trading session [1] - The average trading price was 25,103.79, with a trading volume of 32.99 million [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 101.987, an increase of 1.08% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 597.451, up by 0.75% from the Hong Kong close [2] ADR Performance - Tencent Holdings (ADR) increased by 0.42% to USD 593.000, with an ADR conversion price of HKD 597.451, reflecting a gain of HKD 4.451 compared to the Hong Kong stock [3] - HSBC Holdings (ADR) rose by 1.41% to USD 100.900, with an ADR conversion price of HKD 101.987, showing an increase of HKD 1.087 compared to the Hong Kong stock [3] - Alibaba (ADR) decreased by 1.53% to USD 115.700, with an ADR conversion price of HKD 115.343, down by HKD 0.357 compared to the Hong Kong stock [3]

中银香港(02388)与宏利投资展开区域合作，向中银香港及中国银行(马来西亚)客户提供多元资产收益方 案。此次合作利用双方在亚洲的销售网络和产品优势，旨在为投资者提供多样化的资产配置选择。 中银香港个人金融产品部副总经理梁淑怡表示，今年上半年，该行大部份客户寻求风险相对稳定且能获 得定期收益的投资产品，今年首季，认购环球多元资产基金类别的交易金额按年上升逾一倍，反映客户 对此类投资产品需求殷切。此外，中国银行(马来西亚)中银理财客户数量稳步增长，当地市场对理财服 务的需求持续上升。 ...

中银香港个人金融产品部副总经理梁淑怡表示，今年上半年，该行大部份客户寻求风险相对稳定且能获 得定期收益的投资产品，今年首季，认购环球多元资产基金类别的交易金额按年上升逾一倍，反映客户 对此类投资产品需求殷切。此外，中国银行(马来西亚)中银理财客户数量稳步增长，当地市场对理财服 务的需求持续上升。 智通财经APP获悉，中银香港(02388)与宏利投资展开区域合作，向中银香港及中国银行(马来西亚)客户 提供多元资产收益方案。此次合作利用双方在亚洲的销售网络和产品优势，旨在为投资者提供多样化的 资产配置选择。 ...

Group 1 - The core viewpoint of the articles indicates that Chinese bank stocks are experiencing a collective rise, with specific banks like Agricultural Bank and Bank of Communications seeing increases of over 1% [1][2] - Morgan Stanley's report suggests that Chinese bank stocks are expected to rise further due to the stabilization of net interest margins and growth in fee income, with a potential upside of 15% for A-share banks and 8% for Hong Kong bank stocks [1] - UBS analysts express an optimistic outlook for foreign investment in the Chinese stock market, predicting that the liquidity-driven bull market rebound will last at least until September [1] Group 2 - Specific stock performance data shows Agricultural Bank at 5.470 with a rise of 1.11%, Bank of Communications at 6.910 with a rise of 1.02%, and other banks like CITIC Bank and China Merchants Bank also showing positive changes [2] - The report highlights that several banks, including China Bank, Industrial and Commercial Bank, and China Construction Bank, have recorded varying degrees of increases, contributing to the overall positive sentiment in the banking sector [2]

Group 1 - The core viewpoint of the article indicates that Chinese bank stocks are expected to rise further due to stable net interest margins and growth in fee income, with potential increases of 15% in A-share banks and 8% in Hong Kong bank stocks [1] - Major Chinese banks such as Agricultural Bank of China and Bank of Communications saw their stock prices increase by over 1%, while other banks also experienced positive growth [1] - Foreign investors are becoming increasingly optimistic about the Chinese stock market, with UBS analysts predicting that the liquidity-driven bull market rebound will last at least until September [1] Group 2 - Specific stock performance data shows Agricultural Bank of China at 5.470 with a rise of 1.11%, Bank of Communications at 6.910 with a rise of 1.02%, and other banks like CITIC Bank and China Merchants Bank also showing positive changes [1] - The report from JPMorgan highlights the potential for further gains in Chinese bank stocks, emphasizing the benefits from improved net interest margins and increased fee income [1] - The overall sentiment in the market reflects a bullish outlook for the banking sector, supported by external analysis and performance metrics [1]

Core Viewpoint - UBS expects HIBOR to stabilize between 2% and 2.5% by the end of Q3, indicating a cautious outlook for Hong Kong banks in the short term [1] Group 1: Bank Ratings and Preferences - UBS maintains a "neutral" rating on Bank of China (Hong Kong) and East Asia Bank, while rating Hang Seng Bank as "sell" [1] - Bank of China (Hong Kong) remains the preferred choice among the covered Hong Kong bank stocks, despite a potential short-term price decline [1] Group 2: Interest Income and Market Expectations - The rebound in HIBOR is beneficial for banks' net interest margins and net interest income, but the market has already priced in HIBOR's stability for the remainder of the year [1] - UBS anticipates that the pressure on net interest income in Q3 will be greater than in Q2, as the negative impact in Q2 lasted only about a month [1] Group 3: Loan Growth and Future Projections - After a 2% growth in loan balances during May and June, the sustainability of this growth momentum remains uncertain [1] - For 2025, UBS projects net interest income declines of 7%, 9%, and 11% for Bank of China (Hong Kong), Hang Seng Bank, and East Asia Bank, respectively [1]

Market Overview - The Hang Seng Index (HSI) closed at 24,951.48, down by 171.42 points or 0.68% as of August 19, 16:00 Eastern Time [1] - The index reached a high of 25,154.24 and a low of 24,938.43 during the trading session, with a trading volume of 39.6558 million [1] - The 52-week high for the index is 25,778.47, while the 52-week low is 17,034.99 [1] Blue-Chip Stocks Performance - Major blue-chip stocks mostly declined, with HSBC Holdings closing at HKD 99.581, up 0.54% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 588.764, down 0.63% compared to the Hong Kong close [2] Individual Stock Movements - Tencent Holdings (00700) saw a price of HKD 592.500, an increase of HKD 5.500 or 0.94%, but its ADR price was HKD 588.764, down HKD 3.736 compared to the Hong Kong close [3] - Alibaba Group (09988) closed at HKD 118.300, down HKD 0.300 or 0.25%, with an ADR price of HKD 116.979, down HKD 1.321 [3] - HSBC Holdings (00005) had a closing price of HKD 99.050, up HKD 0.600 or 0.61%, with an ADR price of HKD 99.581, up HKD 0.531 [3] - Xiaomi Group (01810) closed at HKD 52.400, down HKD 0.650 or 1.23%, with an ADR price of HKD 52.255, down HKD 0.145 [3] - AIA Group (01299) closed at HKD 74.200, down HKD 0.400 or 0.54%, with an ADR price of HKD 73.722, down HKD 0.478 [3]

格隆汇8月19日丨中银香港(02388.HK)公告，将于2025年8月29日(星期五)召开董事委员会会议，藉以(其 中包括)审议及通过公司截至2025年6月30日止6个月的未经审核综合财务报表，以及考虑宣派2025年度 第二次中期股息。 ...