表格類別： 股票 狀態： 新提交 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 公司名稱： 國泰海通證券股份有限公司(「本公司」) 呈交日期： 2025年6月17日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | | 說明 | A股於上海證券交易所上市(證券代號: 601211) | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份 ...

Group 1 - The core point of the article is the trading data of the CSI 500 index futures as of June 17, showing a slight decline in the main contract and a net short position among the top 20 positions [1][2][3]. - The main contract closed at 2509, with a change of -0.14%, and a total trading volume of 86,300 contracts, which is a decrease of 110 contracts from the previous day [1][3]. - The top 20 positions show a total long position of 173,200 contracts, an increase of 2,083 contracts, while the total short position is 182,600 contracts, an increase of 2,411 contracts [1][4]. Group 2 - The top three long positions are held by CITIC Futures with 37,758 contracts, Guotai Junan with 29,825 contracts, and Haitong Futures with 15,430 contracts [1][4]. - The top three short positions are also held by CITIC Futures with 38,040 contracts, Guotai Junan with 25,318 contracts, and Haitong Futures with 17,834 contracts [1][4]. - The article provides detailed changes in positions for both long and short positions among the top 20 members, indicating significant movements in the market [1][3][4].

国泰君安善融稳健一年持有混合(FOF)A、C成立于2021年12月28日，截至2025年6月12日，其今年来收 益率为1.39%、1.20%，成立来收益率为-1.02%、-2.39%，累计净值为0.9898元、0.9761元。 | 基金名称 | 国泰君安君得益三个月持有期混合型基金中基 | | --- | --- | | | 金(FOF) | | 基金简称 | 国泰君安君得益三个月持有混合(FOF) | | 基金主代码 | 952013 | | 基金管理人名称 | 上海国泰君安证券资产管理有限公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》、 | | | 《基金管理公司投资管理人员管理指导意见》 | | | 等相关法律法规规定 | | 基金经理变更类型 | 增聘基金经理 | | 新任基金经理姓名 | 郭圳滨 | | 共同管理本基金的其他基金经理姓名 | 高琛 | | 基金名称 | 国泰君安善怡稳健六个月持有期债券型发起式 | | --- | --- | | | 基金中基金(FOF) | | 基金简称 | 国泰君安善怡稳健六个月持有债券发起(FOF) | | 基金主代码 | 019419 | ...

公司名稱： 國泰海通證券股份有限公司(「本公司」) FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 呈交日期： 2025年6月16日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | | 說明 | A股於上海證券交易所上市(證券代號: 601211) | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 國泰海通證券股份有限公司(「本公司」) 呈交日期： 2025年6月16日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 A | | 於香港聯交所上市 | 否 | | | 證券代號 (如上市) | | 說明 | A股於上海證券交易所上市(證券代號: 601211) | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份 ...

Group 1: Aviation Industry - The summer travel season is expected to see optimistic supply and demand, with airlines actively pre-selling tickets following the end of the college entrance examination [1] - Limited growth in fleet size since 2025 and constrained capacity for additional flights will likely result in only slight increases in flight operations during the summer travel period [1] - The airline revenue management strategies have improved since April, leading to a positive trend in ticket prices, with expectations for profitability to reach new highs in the coming years [1] Group 2: Oil Transportation Industry - The escalation of geopolitical tensions, particularly the Israeli airstrikes on Iran, has led to a significant spike in oil prices and freight rates, benefiting the oil transportation market [2][3] - The supply of oil tankers is expected to remain rigid, while increased oil production will support sustained demand for oil transportation, indicating a favorable outlook for the sector [2] - The potential for geopolitical tensions to disrupt Iranian oil exports may enhance demand for compliant oil transportation services [3]

Report Information - Report Title: Aluminum & Alumina Industry Chain Weekly Report [1] - Report Date: June 15, 2025 [2] - Analyst: Wang Rong [2] Industry Investment Rating - Not provided in the report Core Views - Aluminum market valuation is not low, but the downward fundamental drivers are not clear. Short - term trading is complex, and the recent strength may be due to spot - end warehouse receipt issues. The impact of pre - placed export demand on subsequent demand and the inventory inflection point need to be observed. [3] - Alumina market is in short - term sideways movement with narrowing fluctuations and a slightly downward center. The inventory inflection point is approaching, and the multi - empty game is affected by reasonable valuation. [4] Summary by Directory Aluminum - **Price Movement**: Shanghai Aluminum showed strong performance this week, breaking through the mid - May high, but further upward space needs observation. [3] - **Micro - fundamentals**: As of June 12, aluminum ingot social inventory decreased by 45,000 tons to 463,000 tons. As of June 13, the weekly output of aluminum plates, strips, and foils continued to decline, while as of June 12, the output of aluminum profiles increased slightly. Aluminum rod processing fees dropped significantly by 150 yuan/ton to 180 yuan/ton, and the downstream processing profit has fallen to a low level in the same period of previous years. [3] Alumina - **Price Movement**: The alumina futures price continued to test the 2800 level. With the continuous increase in weekly operating capacity and operating rate, the inventory inflection point is approaching. The market may have pre - selected to reduce long positions or switch to short positions. [4] - **Micro - fundamentals**: As of June 12, the all - caliber social inventory of Alumina according to Aladdin was 3.129 million tons, a decrease of 4,000 tons from the previous week; the all - caliber inventory of Mysteel increased for two consecutive weeks. The domestic spot price of alumina fell, and the decline has widened. [4] Trading - **Term Spread**: Shanghai Aluminum's term structure changed to C - structure, and Alumina's term B - structure expanded. [9] - **Monthly Spread**: The monthly spread of Shanghai Aluminum's near - term contracts widened rapidly. [10] - **Position and Volume**: Shanghai Aluminum's main contract position and trading volume increased, while Alumina's main contract position decreased and trading volume rebounded. [12] - **Position - to - Inventory Ratio**: Shanghai Aluminum's position - to - inventory ratio increased significantly, while Alumina's position - to - inventory ratio continued to decline and is at a historically low level. [18] Inventory - **Bauxite**: As of June 13, Mysteel's weekly imported bauxite port inventory continued to accumulate, increasing by 300,000 tons from the previous week. As of May, the bauxite port inventory and port inventory days in China according to Aladdin continued to show an upward trend. [23] - **Alumina**: This week, the total alumina inventory increased, with a week - on - week increase of 13,000 tons. Aladdin's all - caliber inventory decreased by 4,000 tons to 3.129 million tons as of June 12. [43][47] - **Electrolytic Aluminum**: As of June 12, the social inventory of electrolytic aluminum decreased by 45,000 tons to 463,000 tons, and the destocking rhythm accelerated. [53] - **Processed Products**: This week, the spot and in - plant inventories of aluminum rods decreased slightly, and the outbound volume increased significantly. [54] Production - **Bauxite**: In May, the domestic bauxite supply showed a slight recovery, but the latest Mysteel domestic bauxite production in May declined. Imported bauxite is still an important factor driving the growth of the total domestic bauxite supply. [62] - **Alumina**: The alumina capacity utilization rate increased. As of June 13, the national total operating capacity of alumina was 88.7 million tons, with a week - on - week increase of 500,000 tons. The domestic metallurgical alumina output this week was 1.718 million tons, a week - on - week increase of 11,000 tons. [69] - **Electrolytic Aluminum**: As of May, the operating capacity of electrolytic aluminum remained at a high level. As of June 12, the weekly output of electrolytic aluminum according to Mysteel was 843,900 tons, a week - on - week increase of 400 tons. The proportion of molten aluminum increased seasonally. [75] - **Downstream Processing**: This week, the output of recycled aluminum rods increased by 2,060 tons week - on - week, the output of aluminum rods increased by 7,400 tons week - on - week, and the output of aluminum plates, strips, and foils decreased by 600 tons week - on - week. [78] Profit - **Alumina**: This week, alumina profit recovered. The profit of metallurgical alumina according to Mysteel was 451.5 yuan/ton. The profits of alumina in Shandong, Shanxi, and Henan all increased, and the profit performance in Guangxi was better. [89] - **Electrolytic Aluminum**: The profit of electrolytic aluminum remained at a high level, but the complex global macro - economic situation and uncertain factors interfered with market expectations. [96] - **Downstream Processing**: The processing fee of aluminum rods dropped significantly, and the downstream processing profit remained at a low level. [97] Consumption - **Import Profit and Loss**: The import profit and loss of alumina and Shanghai Aluminum increased. [105] - **Export**: In April 2025, the export of unwrought aluminum and aluminum products continued to rise, with a month - on - month increase of 12,000 tons. The export profit and loss of aluminum processing materials showed differentiation, and the export demand for aluminum products was affected by trade policy adjustments. [107][109] - **Consumption Volume**: The transaction area of commercial housing decreased, while the automobile production increased month - on - month. [116]

铅产业链周度报告 国泰君安期货研究所 有色及贵金属 莫骁雄 投资咨询从业资格号：Z0019413 日期：2025年6月15日 Guotai Junan Futures all rights reserved, please do not reprint Special report on Guotai Junan Futures 强弱分析：中性 铅：短期供需双弱下震荡，中期可偏多思路对待 再生铅亏损程度严重 再生铅开工率偏低 -1000 -800 -600 -400 -200 0 200 400 600 800 1000 1200 01-02 01-14 01-26 02-07 02-19 03-03 03-15 03-27 04-09 04-21 05-06 05-18 05-30 06-11 06-23 07-05 07-17 07-29 08-10 08-22 09-03 09-15 09-27 10-16 10-28 11-09 11-21 12-03 12-15 12-27 元/吨 再生铅盈亏 2021 2022 2023 2024 2025 0 10 20 30 40 50 60 70 80 01 ...

Market Overview - Recent recovery in US stock indices continues since the market bottomed out in early April, with the S&P 500 index rising 2.3% and the Nasdaq 100 index increasing 2.6% over the last 10 trading days [4][5] - Positive US employment data, a decline in inflation rates towards long-term targets, and progress in US-China trade talks have collectively supported the upward trend in the stock market [4][5] Industry Performance - The technology sector has shown strong performance, benefiting from the resilience of the US economy and the recent US-China trade negotiations, which have alleviated some market concerns regarding tariffs imposed by the Trump administration [5][6] - The energy sector has also performed well, driven by rising international oil prices amid escalating tensions in the Middle East, particularly between Israel and Iran [8][11] - Energy prices have been on the rise since April-May, with investors anticipating further increases if conflicts in the Middle East escalate, potentially impacting oil supply routes [8][11] Consumer Sector Challenges - The consumer sector, both essential and discretionary, has faced challenges due to the cost pressures from tariffs imposed during the Trump administration, which have affected profit expectations [11][12] - Recent CPI data indicates a slowdown in inflation, with May CPI rising only 0.1% month-over-month, below market expectations, suggesting that consumer companies are hesitant to raise prices due to fears of losing customers [11][12] - The significant increase in customs tariff revenue, which surged 270% to $23 billion in May, reflects the impact of new tariffs, further complicating the outlook for consumer companies [11][12] Inflation and Economic Outlook - The recent decline in inflation data provides the Federal Reserve with some policy flexibility, potentially supporting the stock market [13] - However, the impact of tariffs on inflation may not be fully captured in the current data, and rising energy prices due to geopolitical tensions could lead to a rebound in inflation [13] - Investors are encouraged to focus on structural opportunities within the market, particularly in traditional energy and telecommunications sectors, while technology stocks remain attractive due to valuation recovery and stable demand for AI [13]

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之內容概不負責，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 該等內容而引致之任何損失承擔任何責任。 國泰海通證券股份有限公司 Guotai Haitong Securities 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：02611） 海外監管公告 本公告乃由國泰海通證券股份有限公司（「本公司」）根據香港聯合交易所有限公司 證券上市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站發佈之《國泰海通證券股份有限公司關於發 行科技創新債券收到中國人民銀行准予行政許可決定書的公告》，僅供參閱。 承董事會命 國泰海通證券股份有限公司 关于发行科技创新债券收到中国人民银行 准予行政许可决定书的公告 朱健 董事長 中國上海 2025年6月13日 截至本公告日期，本公司的執行董事為朱健先生、李俊傑先生以及聶小剛先生； 本公司的非執行董事為周杰先生、管蔚女士、鐘茂軍先生、陳航標先生、呂春芳 女士、哈爾曼女士、孫明輝先生以及陳一江先生；及本公司的獨立非執行董事為 李仁傑先生、王國 ...