Financial Performance - Commission and fee income increased to HKD 96,019,000, up 27.8% from HKD 75,132,000 in the same period last year[1] - Interest income decreased to HKD 162,669,000, down 41.0% from HKD 275,298,000 year-on-year[1] - Total revenue and other income decreased to HKD 285,148,000, down 40.8% from HKD 481,665,000 in the previous year[1] - The company reported a loss attributable to shareholders of HKD 355,288,000, compared to a loss of HKD 373,225,000 in the same period last year, representing an improvement of 4.5%[2] - Basic and diluted loss per share improved to HKD 0.13 from HKD 0.14 year-on-year[2] - The company reported a pre-tax loss of HKD 368,664,000 for the six months ended June 30, 2024, compared to a loss of HKD 312,915,000 in 2023[11] - The group reported a loss of approximately HKD 355.3 million for the six months ended June 30, 2024, compared to a loss of HKD 373.2 million in the same period of 2023[41] Revenue Breakdown - Total revenue for the brokerage segment was HKD 42,331,000, while the corporate finance and underwriting segment generated HKD 33,717,000[10] - Other income increased to HKD 109,053,000 for the six months ended June 30, 2024, compared to HKD 91,256,000 in 2023, marking a rise of 19.5%[14] - The asset management and advisory segment reported revenue of HKD 19,971,000, while the margin financing segment had no revenue[10] - Commission and fee income from corporate finance and underwriting services was HKD 33.7 million, an increase of HKD 28.6 million or 560.6% compared to HKD 5.1 million in the same period of 2023[34] Assets and Liabilities - Total assets decreased to HKD 17,162,460,000 from HKD 18,211,046,000 as of December 31, 2023[5] - Total liabilities decreased to HKD 15,583,763,000 from HKD 16,414,406,000 as of December 31, 2023[6] - The company’s total equity decreased to HKD 1,578,697,000 from HKD 1,796,640,000[5] - The total amount of loans and advances as of June 30, 2024, was HKD 1,344,776, a decrease from HKD 1,504,413 as of December 31, 2023, reflecting a decline of approximately 10.6%[23] - The total accounts receivable as of June 30, 2024, was HKD 818,560, significantly higher than HKD 475,934 as of December 31, 2023, representing an increase of approximately 71.9%[24] Expenses - The total expenses for the group were HKD 676,375,000, leading to a pre-tax loss of HKD 358,524,000[10] - The total expenses for the six months ended June 30, 2024, were HKD 855,422,000, compared to HKD 577,456,000 in 2023, reflecting an increase of approximately 48%[11] - Depreciation expenses totaled HKD 61,631,000 across various segments[10] Cash Flow and Liquidity - As of June 30, 2024, the group's cash and bank balances increased by HKD 292.1 million to HKD 1,591.5 million[42] - The net current assets increased by HKD 323.8 million to HKD 4,382.2 million as of June 30, 2024[42] - The group has sufficient liquidity to support business operations and potential investment opportunities[43] Market Activity - The company completed 29 new listings on the Hong Kong Stock Exchange, a decrease of 6.45% from the same period in 2023, with total IPO fundraising amounting to HKD 13.15 billion, down 26.04% year-on-year[34] - The group covered 135 listed companies across nine major industries, with a 30% increase in the issuance of in-depth reports compared to the previous year[40] Strategic Focus - The company is focusing on expanding its asset management services in mainland China through its subsidiaries in Shanghai and Shenzhen[35] - The company aims to transform towards a light-asset business model while enhancing its financial service capabilities through technology and green finance initiatives[44] - The company is focused on enhancing its comprehensive financial service capabilities to create value for shareholders and investors[44] Governance and Compliance - The company has adopted the Corporate Governance Code and complied with all relevant provisions during the reporting period[46] - No interim dividends were declared for the six months ending June 30, 2024, consistent with the previous year[47]

郭先生大家好今天就由我来介绍一下关于宏观策略部分那因为我们马上11点的时候呢可能我这边会专门就是就是有一个专场就是就这个下半年的这个展望这个宏观策略这块的有一个专场的一个汇报对具体的一些 更更详细的一些信息呢我会在那里就跟大家做一个分享和汇报那我这里呢就是会就是先就主要讲一讲我们这些核心的要点和观点吧我们觉得就要具体的细节之后再展开那我们整体看呢对于全球下半年的看法呢我们觉得就是就你也就你可以其实可以看到我们的标题就是顺周期交易我们认为整个下半年啊其实还是转一个就是全球来看 都是一个整体它的这个景气都都是一个向上的对吧你全球事情整体向上你你整个海外呢他都是一个酷周期的你像中国这块来说的话也是可能是 内需开始它的支持增强然后外需呢可能一定程度上可以授意整个海外的这个景气度回升所以你从哪个角度来看的话整个全球大方向当然是一个景气度回升的一个方向这个是我们首先需要把握的那具体像外需这块呢就得益于 这是一个还是整个全球需求的一个改善内需这块来看的话呢相关的比如说一些地产的这个政策推出财政货币的这个增强都是可以也看得到的那整个海外流动性这块的我们的一个判断叫做顶中有松顶中有松的这么一个格局 那首先景在哪里呢景是体现在整 ...

大家好,我是超音国际汽车行业分析师陈庆,现场还有我们科技行业分析师大卫。我们最近发布了一份小米汽车供应链的报告,报告里面联合解读了小米汽车核心的技术,梳理了供应链,深挖了潜在市场的投资机会。 自从小米汽车公布进军电动车业务之后花了三年时间小米汽车第一款的车苏系在20年的3月28号正式上市定位的是众大型的纯电轿跑 那比较分为这个标准版后还有MIX那么定价呢呃有这个21万5900那么呃最高配的到这个29万9900那么由于定价呢相对比市场预期要低一些那么产品整个市占比还是比较高的另外的话呢呃小米品牌粉丝的这个基础还是比较深厚的那么舒契在上市的这个半小时之内呢基本上订单已经超过万辆那么24小时的大定呢 其实也达到几千几万辆的一个水平那么根据雷霆之前在4月3号的一个订单情况目前小米初期打订几百万超过10万那么其中不可推定的这个单量已经超过10万辆那么在清明的一个小抢家期间那么小米汽车的一个零售服务中心其实人流也是非常旺盛那么我们认为呢 这个订单依然有明显增长那么目前小米汽车的这个APP显示的新的招货订单大概在二十八周左右那么其实相对也比较久了等待这个招车的周期但是整体跟前周比还是有所缩短那么前几天 在小米汽车投资大会上 ...

大家好,我是超音国际汽车行业分析师陈庆,现场还有我们科技行业分析师大卫。我们最近发布了一份小米汽车供应链的报告,报告里面联合解读了小米汽车核心的技术,梳理了供应链,深挖了潜在市场的投资机会。 自从小米汽车公布进军电动车业务之后花了三年时间小米汽车第一款的车苏系在20年的3月28号正式上市定位的是众大型的纯电轿跑 那比较分为这个标准版后还有MIX那么定价呢呃有这个21万5900那么呃最高配的到这个29万9900那么由于定价呢相对比市场预期要低一些那么产品整个市占比还是比较高的另外的话呢呃小米品牌粉丝的这个基础还是比较深厚的那么舒契在上市的这个半小时之内呢基本上订单已经超过万辆那么24小时的大定呢 其实也达到几千几万辆的一个水平那么根据雷霆之前在4月3号的一个订单情况目前小米初期打订几百万超过10万那么其中不可推定的这个单量已经超过10万辆那么在清明的一个小抢家期间那么小米汽车的一个零售服务中心其实人流也是非常旺盛那么我们认为呢 这个订单依然有明显增长那么目前小米汽车的这个APP显示的新的招货订单大概在二十八周左右那么其实相对也比较久了等待这个招车的周期但是整体跟前周比还是有所缩短那么前几天 在小米汽车投资大会上 ...

Revenue and Income - Total revenue for 2023 was HKD 613,177,000, compared to HKD 585,690,000 in 2022, representing an increase of approximately 4.2%[1] - The company reported a significant increase in other income, which rose to HKD 304,911,000 in 2023 from a loss of HKD 844,229,000 in 2022[1] - Interest income from external sources reached HKD 536,397,000, with HKD 427,264,000 coming from investment and loans[52] - Other income totaled HKD 308,266,000, which includes service fees, interest income, and foreign exchange gains[57] - Commission and fee income from brokerage services was HKD 81,577,000, while corporate finance and underwriting fees amounted to HKD 25,211,000, reflecting a decrease from HKD 108,281,000 and HKD 59,360,000 respectively[54] - The company’s loss attributable to shareholders for 2023 was HKD 1,469.5 million, a decrease from a loss of HKD 2,983.8 million in 2022, representing a 50.7% improvement[72] Expenses and Losses - Total expenses decreased to HKD 2,075,321,000 in 2023 from HKD 2,433,665,000 in 2022, a reduction of about 14.7%[1] - The financing cost increased by 50.0% due to rising average interest rates[82] - The pre-tax loss for the year was HKD 1,444,717,000, compared to a loss of HKD 2,984,585,000 in the previous year[53] - The company reported a loss of HKD 1,469,500,000 for the year ending December 31, 2023, compared to a loss of HKD 2,983,800,000 in 2022, representing a 50.7% improvement in losses year-over-year[41] Assets and Liabilities - Total liabilities decreased to HKD 16,414,406,000 in 2023 from HKD 21,985,260,000 in 2022, a reduction of approximately 25.3%[43] - Current liabilities dropped significantly from HKD 14,713,094,000 in 2022 to HKD 7,052,118,000 in 2023, indicating a decrease of about 52.1%[43] - The company's total assets decreased from HKD 24,661,853,000 in 2022 to HKD 18,211,046,000 in 2023, a decline of approximately 26.4%[43] - The net current assets increased to HKD 4,058,382,000 in 2023 from HKD 600,146,000 in 2022, showing a substantial improvement[43] - The company’s equity attributable to shareholders decreased from HKD 2,676,593,000 in 2022 to HKD 1,796,640,000 in 2023, a decline of about 32.8%[43] Financial Performance - The company’s loss per share improved to HKD (0.54) in 2023 from HKD (1.09) in 2022, reflecting a 50.5% reduction in loss per share[41] - The group reported a total expenditure of HKD 2,075,321,000, which includes various operational costs and financing expenses[52] - The cumulative impairment provision as of December 31, 2023, was HKD 1,717.8 million, an increase of HKD 72.4 million from the previous year[95] Business Strategy and Operations - The company is focused on expanding its investment and loan segments, which include various bond and equity securities investments[15] - The financial technology business is part of the company's strategy to enhance operational efficiency and service offerings[8] - The company plans to continue leveraging its asset management and advisory services to attract third-party clients and enhance revenue streams[27] - The group plans to focus on enhancing its financial services capabilities and promoting high-quality transformation development[107] Market and Economic Outlook - The global economic growth outlook for 2024 is positive, with expectations of resilient growth in China supported by stable policies[107] Employee and Operational Metrics - As of December 31, 2023, the total number of employees in the group was 538, with total employee costs amounting to approximately HKD 398.0 million for the year[120] - The group has a diversified training program to enhance employee skills, ensuring they are equipped with the latest industry and technological developments[120] Miscellaneous - The company does not recommend a final dividend for the year[108] - The annual general meeting of shareholders is scheduled for June 2024[149] - The group has not adopted new accounting standards that are expected to have a significant impact on its financial statements in the foreseeable future[49]

智通财经APP获悉，交银国际发布研究报告称，维持行业同步评级，目前市场和行业估值偏低，看好业务结构均衡的头部券商，并维持中信证券(06030)、华泰证券(06886)“买入”评级。短期来看，市场需要修正此前对于美联储降息的乐观预期，A股和港股市场仍面临一定的外部压力，但考虑到目前市场情绪，估值处于历史低位，监管机构积极出台政策稳定资本市场，提振市场信心，该行看好业务结构均衡的头部券商，兼具低估值水平上的弹性和业绩韧性。 交银国际主要观点如下： A股20家上市券商公布2023年业绩快报： 其中中泰、西部等6家券商盈利增速超过100%，申万宏源、光大、东兴、财通等7家券商盈利双位数增长，国元为个位数增长，天风、太平洋证券扭亏为盈;中信、东方为个位数降幅，海通、华林盈利双位数下降。 预计上市券商2023年盈利同比基本持平。 已公布业绩快报的20家券商2023年前三季度归母净利润同比增长10.7%(vs.上市券商整体增长6.3%)，2023年合计盈利同比增速在3.4-8.8%之间。考虑到公布业绩快报的券商主要为中小券商，且盈利增速相对较高，预计A股全部上市券商的盈利增速将低于业绩快报计算的盈利增速。该行预计2023年 ...

Financial Performance - For the first half of 2023, the company's revenue and other income reached HKD 692 million, a significant increase of 43.6% compared to HKD 482 million in the same period of 2022[4]. - The company reported a loss attributable to shareholders of HKD 1,678 million for the first half of 2023, compared to a loss of HKD 373 million in the same period of 2022[4]. - Basic/diluted loss per share for the first half of 2023 was HKD 0.14, a decrease from HKD 0.61 in the first half of 2022[4]. - The company reported a loss of HKD 373.2 million for the first half of 2023, compared to a loss of HKD 1,677.9 million in the same period of 2022, indicating a significant improvement[20]. - The total comprehensive loss attributable to shareholders was HKD 389.1 million for the six months ended June 30, 2023, compared to HKD 2,700.2 million in the same period of 2022[137]. - The group reported a loss of approximately HKD 373.2 million for the six months ended June 30, 2023, compared to a loss of HKD 1,677.9 million in the same period of 2022, indicating a significant improvement[68]. - The operating loss for the first half of 2023 was HKD 373,757 million, compared to an operating loss of HKD 1,674,320 million in the first half of 2022, indicating an improvement in performance[163]. Assets and Liabilities - Total assets amounted to HKD 23,039 million as of June 30, 2023, down from HKD 24,662 million in the same period of 2022[4]. - The total assets as of June 30, 2023, amounted to HKD 23,039,006 million, down from HKD 24,661,853 million as of December 31, 2022, representing a decrease of approximately 6.6%[166]. - The total equity attributable to shareholders decreased to HKD 2,287,522 million as of June 30, 2023, from HKD 2,676,593 million at the end of 2022, a decline of about 14.5%[166]. - The total borrowings of the group as of June 30, 2023, were HKD 17,662.5 million, a slight decrease from HKD 18,315.7 million at the end of 2022[96]. - Current liabilities decreased significantly to HKD 11,143,167 thousand from HKD 14,713,094 thousand, a decrease of approximately 24.0%[167]. - Non-current liabilities increased to HKD 9,608,317 thousand from HKD 7,272,166 thousand, marking an increase of about 32.0%[167]. Revenue Streams - The securities brokerage business generated commission and fee income of HKD 47.9 million, a decrease of 25.1% from HKD 63.9 million in the same period of 2022[9]. - Commission and fee income from corporate finance and underwriting services decreased by HKD 19.5 million or 79.3%, totaling HKD 5.1 million for the first half of 2023, down from HKD 24.6 million in 2022[26]. - The commission and fee income for the first half of 2023 was HKD 75,132 million, down from HKD 109,902 million in the same period of 2022, a decrease of about 31.7%[163]. - Income from asset management and advisory services increased by HKD 0.8 million or 3.8% to HKD 22.2 million for the six months ended June 30, 2023[131]. Market Conditions - The global economic environment remains challenging, with tightening monetary policies impacting market sentiment, yet there are signs of recovery in the Chinese economy and service sectors[19]. - The Hong Kong IPO market saw a 22% increase in the number of transactions year-on-year in the first half of 2023, although the total fundraising amount decreased by 9.9% compared to the same period in 2022[19]. - The number of new listings on the Hong Kong Stock Exchange increased by 29% year-on-year, totaling 31 new stocks, while the total fundraising amount from IPOs decreased by 9.9% to HKD 17.78 billion[50]. Operational Efficiency - Operating expenses and financing costs for the group were HKD 855.4 million, down from HKD 982.6 million in 2022, reflecting a decrease of 12.9%[69]. - Other operating expenses decreased by 58.0%, primarily due to reductions in foreign exchange losses, software development costs, and operating lease expenses[71]. - The group recognized impairment losses on 119 debt securities, with the fair value of stage two and stage three debts amounting to HKD 148.3 million and HKD 174.1 million, respectively[75]. - The impairment provision increased by HKD 159.2 million to a total of HKD 1,804.7 million as of June 30, 2023, primarily due to market volatility and a downturn in the real estate sector in mainland China[92]. Cash Flow and Financing - Cash used in operating activities was HKD 375,611 thousand for the six months ended June 30, 2023, compared to cash generated of HKD 1,687,970 thousand in the same period of the previous year[170]. - The company's cash flow from operating activities before changes in working capital improved significantly, moving from a negative HKD 682,220 thousand in 2022 to a negative HKD 337,524 thousand in 2023[170]. - The net cash generated from investing activities was HKD 1,107,603 thousand for the six months ended June 30, 2023, compared to HKD 315,189 thousand in the same period of 2022[172]. Governance and Compliance - The company has adopted the Corporate Governance Code as its governance framework and has complied with all relevant provisions as of June 30, 2023[31]. - Major shareholders, including Bank of Communications, held approximately 73.14% of the company's issued shares[61]. Dividends - No interim dividend was declared for the six months ended June 30, 2023, consistent with the same period in 2022[41]. - No dividends were declared for the current fiscal year, while the previous fiscal year had a dividend of HKD 0.05 per ordinary share, totaling HKD 136,720 thousand[196].

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。 截至2023年6月30日止六個月之中期業績公告 | --- | --- | --- | --- | |---------------------------------|-------|-------------------------------------------------------------------|------------------------------------------| | | 附註 | 截至以下日期止六個月 2023 年 6 月 30 日 （未經審核） \n千港元 | 2022 年 6 月 30 日 （未經審核） \n千港元 | | 收益 | | | | | | 4 | | | | 利息收入 | 4 | 275,298 | 384,960 | | 佣金及手續費收入 自營交易收入 | 4 | 75,132 39,979 | 109,902 (1,264,610) | ...

Financial Performance - The total revenue for 2022 was HKD 108.3 million, a decrease of 39.0% from HKD 177.3 million in 2021[11]. - The company reported a loss of HKD 2,983.8 million for the year 2022, compared to a profit of HKD 312.4 million in 2021, indicating a significant decline in performance[181]. - The company's profit attributable to shareholders for the year was HKD (2,983.8) million, compared to HKD 262.4 million in the previous year[145]. - The company reported a total revenue and other income of HKD (585.7) million for the year, down from HKD 1,642.6 million in the previous year[145]. - The self-trading loss was HKD 1,275.1 million in 2022, a decrease of HKD 1,814.2 million or 336.5% from a self-trading profit of HKD 539.1 million in 2021[187]. Asset Management and Loans - In 2022, the total assets under management decreased by 26.3% to approximately HKD 24,177.8 million from HKD 32,823.1 million in 2021[16]. - The company faced a total of 13 clients with loan impairments, with the total outstanding principal owed by stage three borrowers amounting to HKD 1,084.7 million, representing approximately 44.9% of total loans[25]. - Total loans granted to the top five clients amounted to HKD 1.617 billion, representing 66.9% of the total loans granted during the year, with the largest single client receiving HKD 528 million, accounting for 21.8%[44]. - The total amount of margin loans decreased to HKD 1,696.8 million as of December 31, 2022, down from HKD 2,173.5 million in the previous year, representing a decline of approximately 21.9%[157]. - The average monthly balance of margin accounts fell to HKD 1,799.8 million in 2022, a decrease of 32.1% from HKD 2,649.5 million in 2021[157]. Impairment and Provisions - The company reported a significant increase in impairment provisions, totaling HKD 1,195.2 million, which accounted for 49.1% of total operating expenses[22]. - The group confirmed impairment provisions totaling HKD 1,645.4 million, an increase of HKD 1,195.2 million compared to the previous year, primarily due to market volatility and a downturn in the real estate sector[166]. Financing and Costs - The total financing costs increased by 109.5% to HKD 478.3 million from HKD 228.5 million in 2021[22]. - Financing costs increased by 109.3% due to rising average interest rates[165]. - The operating expenses and financing costs for the year amounted to HKD 2,433.6 million, an increase of 88.0% compared to HKD 1,294.7 million in 2021[190]. Liquidity and Borrowings - The liquidity position deteriorated, with net current assets decreasing by HKD 10,202.9 million to HKD 600.1 million, resulting in a current ratio of approximately 1.0 times[26]. - As of December 31, 2022, the total borrowings of the group amounted to HKD 18,315.7 million, a decrease from HKD 22,110.6 million as of December 31, 2021[78]. - The group’s total borrowings included bank and other borrowings, repurchase agreements, and issued debt securities[78]. Market and Client Focus - The company focused on key national areas such as the Yangtze River Delta and the Greater Bay Area to enhance business layout and actively respond to market impacts[146]. - The group has actively adjusted its client structure and enhanced internal resource collaboration, particularly in expanding local clients in Hong Kong[155]. - The company aims to provide comprehensive financial services to high-growth enterprises in strategic emerging industries, including artificial intelligence and biotechnology[186]. Awards and Recognition - The company received several awards in 2022, including "Best PE Institution of the Year" and "Best Financial Services Award in the Guangdong-Hong Kong-Macao Greater Bay Area" among others[36]. Strategic Goals and Development - The company aims to enhance its professional capabilities and improve service quality to create value for shareholders and investors in 2023[36]. - The company aims to build a comprehensive financial service institution with global influence and regional market competitiveness as a long-term strategic development goal[142]. - The group is committed to creating value for shareholders and investors through its financial services in the real economy[87]. Risk Management - The company has adopted structural adjustments to strengthen risk management in response to rising credit risks and market volatility[40]. - The group is committed to strengthening comprehensive risk management and internal control compliance to improve operational quality[166]. - The company has established a series of credit policies and procedures to mitigate credit risk and ensure ongoing monitoring[81]. Digital Transformation - The group is focused on digital empowerment and improving risk management capabilities to drive high-quality development[87]. - The group continues to focus on digital transformation and risk management capabilities to navigate market challenges[153].

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。 BOCOM INTERNATIONAL HOLDINGS COMPANY LIMITED 3329 500,000,000美元1.75厘2026年到期之有擔保票據 （債券代號：40737） 截至2022年12月31日止年度之年度業績公告 董事會宣佈本集團截至2022年12月31日止年度的經審核合併財務業績連同截至2021 年12月31日止年度之比較數字。 截至2022年12月31日止年度合併收益表 2022年 2021年 附註 千港元 千港元 收益 佣金及手續費收入 4 212,080 354,461 利息收入 4 684,951 760,843 自營交易收入 4 (1,741,260) 399,136 ...