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： 渣打集團有限公司 呈交日期： 2025年6月10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 | 不適用 | | | 於香港聯交所上市 | | 是 | | | 證券代號 (如上市) | 02888 | 說明 | | | | | | | | | 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 | | | | | | ...

Core Insights - The globalization script is rapidly changing, with Chinese companies' overseas expansion entering a new phase characterized by both opportunities and risks [1][2] - The new generation of entrepreneurs must focus on establishing a local presence rather than merely exporting products [3] Group 1: Market Dynamics - Chinese enterprises are transitioning from simple re-export trade to establishing regional centers in countries like Singapore and Malaysia, emphasizing local operations and product design [3] - The complexity of global operations has evolved into a systemic challenge termed "overseas expansion syndrome," which surpasses previous business issues [3][4] Group 2: Financial Services Gap - There is a significant disconnect between the services offered by banks and the actual needs of entrepreneurs, with nearly 90% of respondents having international bank accounts for over three years but facing numerous obstacles [3][4] - Entrepreneurs express a strong desire for integrated cross-border banking services, with half of the entrepreneurs in the Greater Bay Area prioritizing this need [4] Group 3: Professional Services Demand - A high percentage (95%) of entrepreneurs consider tax and legal consulting as core needs, yet nearly 60% report a lack of high-quality services in the market [4][5] - Language barriers and poor service quality further exacerbate the mismatch between supply and demand for professional services [4] Group 4: Strategic Response - Standard Chartered Bank is launching the "Overseas Expansion Butler" service to address the market gap, shifting from a passive financial service provider to an active resource integrator [5] - This service aims to bridge the gap between personal and corporate services, integrating various needs such as overseas investments and family wealth management into a cohesive framework [5][6] Group 5: Future Outlook - The bank's strategy reflects a self-revolution in its role, emphasizing the importance of resource integration and providing systematic solutions in the new era of globalization [5][6] - The evolving landscape presents both challenges and opportunities for financial institutions, with success hinging on their ability to adapt and provide tailored solutions [6]

金十数据6月9日讯，渣打银行企业及投资银行业务联席全球主管兼东盟及南亚区行政总裁高恕年 （SunilKaushal）日前在上海表示，随着全球贸易格局的变化、对美元替代货币的探索、中资企业对外 投资持续增长等多方因素推动，人民币跨境使用呈现加速增长态势，人民币国际化展现出较强韧性。高 恕年指出，鉴于中国目前在国际贸易中所占的主导地位，人民币自然成为重要的美元替代货币之一，这 也会是一个逐渐的过程。随着人民币国际化程度加深，离岸人民币流动性进一步扩大，人民币跨境使用 呈现加速增长态势。 （新华财经） 渣打高恕年：多方因素助力人民币跨境使用加速增长 ...

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： 渣打集團有限公司 呈交日期： 2025年6月9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 。 FF305 確認 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 02888 | 說明 | | | | | | | | 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 | ...

Core Viewpoint - The completion of the China-ASEAN Free Trade Area 3.0 negotiations is timely and sends a strong message advocating for multilateralism and trade openness, which will accelerate the development of the China-ASEAN trade corridor and create a multiplier effect for global growth [1][2]. Group 1: Trade Relations and Economic Cooperation - China and ASEAN have become each other's largest trading partners, with trade volumes continuing to grow. The completion of the Free Trade Area 3.0 negotiations signals a commitment to multilateralism and open trade amidst global protectionism [2][3]. - The 3.0 version of the Free Trade Area includes key areas such as digital economy, green economy, and supply chain resilience, making it more modern and forward-looking. Its implementation will enhance cooperation in various sectors, including digital economy, artificial intelligence, e-commerce, and smart manufacturing [2][3]. Group 2: Investment Trends and Strategies - Chinese enterprises are expected to continue investing in ASEAN, particularly those focusing on local market development rather than solely on exports to the U.S. The investment trend remains strong despite uncertainties in U.S. tariff policies [4][6]. - The "China +1" strategy has evolved into a "2.0 version," where Chinese companies are increasingly establishing complete supply chains overseas, indicating a deeper understanding of local markets and partnerships [4][6]. Group 3: Market Potential and Future Outlook - The ASEAN market presents significant long-term investment opportunities due to its political stability, a rapidly growing young population, and a large consumer market. The rise of the middle class in Southeast Asia will create more consumption and investment opportunities for various enterprises, including Chinese firms [6][7]. - Investment from China to ASEAN is projected to grow, with a reported increase of 12.6% year-on-year, primarily directed towards countries like Singapore, Indonesia, and Thailand, and focusing on sectors such as leasing, business services, and manufacturing [7].

Core Viewpoint - The global investment market in Q3 is characterized by uncertainty, influenced by geopolitical factors and trade policies, presenting both challenges and opportunities for investors [1] Group 1: HSBC Insights - HSBC emphasizes the importance of structural growth in Asia, particularly in China, India, and Singapore, which are expected to mitigate some impacts of the US-China trade war [2] - The bank maintains a diversified investment strategy, adjusting its outlook for US stocks to positive, anticipating a slowdown in economic growth to 1.6% by 2025, while still facing uncertainties [2][3] - HSBC suggests a focus on quality bonds and low-correlation assets, such as gold, to enhance portfolio diversification amid ongoing geopolitical risks [3] Group 2: Standard Chartered Insights - Standard Chartered upgrades its global stock outlook to overweight, citing improved market technical indicators and resilience in economic activity and corporate earnings as key factors [4] - The bank also increases its allocation to US stocks slightly, while emphasizing the importance of diversification across major regions, particularly favoring Chinese stocks due to stimulus measures [4] - Standard Chartered lowers its stance on gold to a core holding, anticipating a period of consolidation, while still finding high-quality bonds attractive in the current yield environment [4] Group 3: OCBC Insights - OCBC highlights that the current weakness of the US dollar is influenced by trade policies, geopolitical factors, and global capital flows, rather than solely by interest rate cuts [5] - The bank advocates for a dynamic asset allocation strategy that increases exposure to safe-haven assets like gold and yen, while also focusing on currencies and equities driven by internal demand in Asia [5] - OCBC notes that some companies are shifting production to ASEAN countries, indicating a transition from simple exports to building local supply and industrial chains [5]

在全球地缘政治复杂多变的背景下，三季度全球投资市场充满了不确定性。近期，汇丰、渣打以及华侨银 行等多家外资机构纷纷发布了对三季度投资的展望。 整体来看，三季度投资市场仍然充满挑战与机遇。多家外资机构的投资策略提到，需要密切关注贸易政策、地 缘政治等因素的变化，采用多元资产和主动策略管理风险，加强投资组合的韧性，在波动中寻找合适的投资机 会。 渣打：关税缓和乘势而上 渣打集团日前发布2025年6月全球市场展望时表示，渣打上调全球股票至超配，并认为，随着美国贸易政策风 险缓和，市场技术指标亦有所改善，而更多贸易协议的达成，以及经济活动数据与公司盈利的相对韧性，是维 持这股涨势的关键因素。 同时，渣打上调美国股票至小幅超配。渣打分析指出，市场已经过度抛售美国资产，然而，渣打将继续分散投 资于各主要地区。亚洲（除日本）市场超配中国股票，这是由于当局推出刺激政策及美元走软。 此外，渣打下调黄金至核心持仓，渣打预计，未来将有一段时间的整固。优质债券在现今收益率高企的情况下 仍然吸引。 汇丰：波动中把握亚洲结构性机遇 汇丰环球私人银行及财富管理中国首席投资总监匡正表示，从全球市场来看，过去几个月，美国关税战引发全 球多个资 ...

Core Insights - In 2024, China's outbound direct investment increased by 10.1%, reaching $162.78 billion, driven by the growing demand for cross-border capital management and global asset allocation among the wealthy class [1] - A recent report by Standard Chartered Bank highlights that nearly 90% of respondents have held international bank accounts for at least three years, with over 80% of those without accounts planning to open one within the next year [1][3] - The report identifies three major pain points for wealthy individuals and entrepreneurs in accessing international banking services: language and communication barriers, quality of offline customer service, and the separation of commercial and personal banking services [1][4] Group 1: Demand for International Banking Services - The demand for international banking services among China's wealthy class is robust and continuously evolving, with a significant portion of respondents seeking more diversified wealth management solutions [4][8] - Approximately 24% of respondents expressed a desire for banks to offer a wider variety of investment options [4] - The survey indicates that 35% of mainland entrepreneurs are already operating in international markets, and 49% plan to expand internationally within the next 6-12 months [8] Group 2: Pain Points in International Banking - Language and communication issues are a significant barrier, affecting 25% of respondents, with the problem being more pronounced in the Greater Bay Area, where 30% reported difficulties [4][5] - Over 50% of respondents from mainland China and the Greater Bay Area rely on relationship managers for information when considering international banking services, highlighting the importance of quality offline customer service [5][6] - A notable 95% of entrepreneur respondents consider tax and legal advisory services as core needs, yet only 43% are very satisfied with the current offerings [9] Group 3: Solutions and Innovations - Standard Chartered Bank has implemented solutions to address these pain points, including a dedicated team of international banking relationship managers fluent in Cantonese and Mandarin, familiar with Chinese culture [5][7] - The bank has launched the "Enterprise Outbound Butler" service in the Greater Bay Area, providing tailored support for business owners venturing abroad [2][9] - The integration of corporate and personal financial services is being emphasized to meet the overlapping needs of entrepreneurs, with a focus on comprehensive financial management [9][10]

Group 1: Major Contracts and Financial Performance - China Railway Group (00390.HK) recently won multiple major engineering contracts with a total bid amount of approximately RMB 91.2 billion, accounting for about 8.52% of the company's revenue under Chinese accounting standards for 2021 [1] - China People's Insurance Group (01339.HK) reported a total insurance premium income of RMB 452.46 billion from January to August 2022, representing a year-on-year growth of 9.89% [2] - China Coal Energy (01898.HK) announced that its coal sales volume in August reached 25.96 million tons, a year-on-year increase of 1.3%, while coal production was 10.92 million tons, up 22.3% year-on-year [3] Group 2: Share Buybacks and Stake Increases - Bohai Bank (09668.HK) announced that several employees plan to voluntarily purchase at least 25 million H-shares using their own funds, reflecting confidence in the bank's long-term business development [4] - China Communications Construction (01800.HK) disclosed that its controlling shareholder has cumulatively increased its stake by approximately 264.47 million H-shares, representing 1.64% of the company's total issued shares [5] - Shougang Holding (00697.HK) reported that its major shareholder has entered into an agreement to sell 728 million shares to Beijing Guoguan Investment Holdings, which will acquire about 10% of the company's total issued shares [6] Group 3: Market Activities and Corporate Actions - Jianye Real Estate (00832.HK) announced plans to repurchase shares in the open market based on market conditions [7] - China Pacific Insurance (02601.HK) reported cumulative original insurance business income of RMB 290.9 billion from January to August [8] - China Property & Casualty Insurance (02328.HK) reported a premium income of RMB 340.25 billion from January to August, reflecting a year-on-year growth of 9.8% [9]

在全球经济格局复杂多变、贸易政策风云变幻的背景下，投资市场的不确定性无疑又增添了几分。近 期，汇丰、渣打以及华侨银行等多家外资机构纷纷发布了对三季度投资的展望。整体来看，三季度的投 资市场仍然充满挑战与机遇。多家外资机构在投资策略中提示，需密切关注贸易政策、地缘政治等因素 的变化，采用多元资产和主动策略管理风险，加强投资组合的韧性，在波动中寻找合适的投资机会。在 地域配置上，汇丰仍维持地域多元化的投资策略。在亚洲，汇丰看好中国、印度及新加坡等展现出经济 韧性的市场。"中国及亚洲其他地区的专业制造业技术能力集中，不易被取代，中国经济的韧性及结构 性增长机遇依然明显。"(人民财讯) ...