截止12月19日收盘，东北电气(00042)、浙江世宝(01057)、弘业期货(03678)分列AH溢价率前三位，溢价 率分别为900.00%、311.98%、272.19%；宁德时代(03750)、招商银行(03968)、恒瑞医药(01276)分列AH 溢价率末三位，溢价率分别为-11.29%、-1.47%、3.02%。其中浙江世宝(01057)、钧达股份(02865)、东 北电气(00042)的偏离值位居前三，分别为45.26%、31.98%、24.73%；另外，广汽集团(02238)、第一拖 拉机股份(00038)、长飞光纤光缆(06869)的偏离值位居后三，分别为-21.76%、-15.00%、-14.68%。 前十大AH股溢价率排行 后十大AH股溢价率排行 | 股票名称 | H股(港元) | A股 | 溢价率↑ | 偏离值 | | --- | --- | --- | --- | --- | | 宁德时代(03750) | 505.000 | 374 | -11.29% | -3.35% | | 招商银行(03968) | 51.050 | 41.99 | -1.47% | -0.68% | | 恒瑞 ...

来源：新浪证券-红岸工作室 12月19日，弘业期货盘中上涨2.14%，截至13:48，报10.52元/股，成交8787.60万元，换手率1.11%，总 市值106.02亿元。 资金流向方面，主力资金净流出159.88万元，特大单买入233.35万元，占比2.66%，卖出103.43万元，占 比1.18%；大单买入902.67万元，占比10.27%，卖出1192.47万元，占比13.57%。 弘业期货今年以来股价涨9.24%，近5个交易日涨1.35%，近20日涨5.94%，近60日跌8.44%。 今年以来弘业期货已经8次登上龙虎榜，最近一次登上龙虎榜为7月14日，当日龙虎榜净买入2467.63万 元；买入总计1.84亿元 ，占总成交额比14.85%；卖出总计1.59亿元 ，占总成交额比12.86%。 资料显示，苏豪弘业期货股份有限公司位于江苏省南京市建邺区江东中路399号3幢，成立日期1995年7 月31日，上市日期2022年8月5日，公司主营业务涉及商品期货经纪、金融期货经纪、期货投资咨询、资 产管理、基金销售和金融资产投资业务。通过全资子公司弘业资本主要从事大宗商品交易及风险管理业 务,通过全资境外子公司弘 ...

智通财经APP获悉，根据2025年12月18日披露数据，狮腾控股（02562）、昊天国际建投（01341）、弘 业期货（03678）港股通持股占比增加值最大，分别增加2.82%、2.00%、1.47%；昭衍新药（06127）、 一脉阳光（02522）、南方港美科技（03442）港股通持股占比减少值最大，分别减 少-1.06%、-0.56%、-0.55%。 在最近有统计数据的5个交易日内，红星美凯龙（01528）、狮腾控股（02562）、招商恆生科技 （03423）港股通持股占比增加值最大，分别增加7.04%、4.79%、3.61%；长飞光纤光缆（06869）、招 商证券（06099）、中兴通讯（00763）港股通持股占比减少值最大，分别减 少-7.35%、-4.37%、-3.50%。 具体数据如下（交易所数据根据T+2日结算）： 1、港股通最新日占比增持榜（前20名） | 公司名称 | 占比值变动 | 最新持股比例 | | --- | --- | --- | | 狮腾控股(02562) | +2.82% | 38.88% | | 昊天国际建投(01341) | +2.00% | 63.13% | | 弘业期货 ...

智通财经APP获悉，截止12月18日收盘，东北电气(00042)、浙江世宝(01057)、弘业期货(03678)分列AH 溢价率前三位，溢价率分别为881.82%、313.67%、275.08%；宁德时代(03750)、招商银行(03968)、恒 瑞医药(01276)分列AH溢价率末三位，溢价率分别为-9.90%、0.30%、1.65%。其中浙江世宝(01057)、钧 达股份(02865)、红星美凯龙(01528)的偏离值位居前三，分别为49.12%、28.03%、27.57%；另外，广汽 集团(02238)、第一拖拉机股份(00038)、昭衍新药(06127)的偏离值位居后三，分别 为-18.06%、-15.99%、-13.79%。 前十大AH股溢价率排行 | 股票名称 | H股(港元) | A股 | 溢价率↓ | 偏离值 | | --- | --- | --- | --- | --- | | 东北电气(00042) | 0.275 | 2.25 | 881.82% | 8.77% | | 浙江世宝(01057) | 4.610 | 15.92 | 313.67% | 49.12% | | 弘业期货(036 ...

Group 1 - The central economic work conference emphasizes the importance of high-quality development and the need for the futures industry to better serve national strategies, particularly in stabilizing enterprises and markets [2][5] - The futures industry is transitioning from "scale expansion" to "function deepening," focusing on core functions such as price discovery, risk management, and resource allocation [2][3] - 弘业期货 is committed to enhancing service quality and core competitiveness by aligning with national strategies and serving industry clients and small investors [2][4] Group 2 - 弘业期货 is optimizing its business structure by strengthening brokerage services, developing risk management subsidiary businesses, and enhancing research capabilities [3][4] - The company recognizes the need for improvement in service depth, product innovation, and technological empowerment, particularly in providing customized derivative solutions for small and medium enterprises [4] - 弘业期货 plans to deepen its focus on the Yangtze River Delta's characteristic industrial chains and implement tailored service plans for clients [4] Group 3 - The central economic work conference calls for the continuous deepening of capital market investment and financing reforms, with the futures market playing a crucial role in supporting these reforms [5][6] - 弘业期货 aims to enhance its research capabilities on key industrial chains and provide forward-looking price trend analysis to assist investment decisions [5][6] - The company promotes the concept of hedging to help enterprises stabilize profit fluctuations and improve credit quality, indirectly supporting their financing processes [6] Group 4 - 弘业期货 is actively exploring differentiated development paths, emphasizing compliance and risk management as essential to its growth [8][9] - The company aims to leverage its dual advantages of being state-owned and publicly listed to establish itself as a benchmark for industry integrity [8] - 弘业期货 is committed to serving the advanced manufacturing sector and expanding its international presence, particularly in cross-border trade [8][9]

Core Insights - The article highlights the top and bottom AH share premium rates, indicating significant discrepancies between H-shares and A-shares for various companies [1][2][3]. Group 1: Top AH Share Premium Rates - Northeast Electric (00042) leads with a premium rate of 900.00%, followed by Hongye Futures (03678) at 271.51% and Beijing Machinery (00187) at 270.90% [1][2]. - The top three companies with the highest deviation values are Beijing Machinery (29.68%), Guanghe Tong (28.56%), and Northeast Electric (27.53%) [1][4]. Group 2: Bottom AH Share Premium Rates - The companies with the lowest AH share premium rates include Heng Rui Medicine (01276) with an unspecified rate, Ningde Times (03750) at -10.42%, and China Merchants Bank (03968) at 0.30% [1][3]. - The bottom three companies with the lowest deviation values are First Tractor (00038) at -18.79%, Zhejiang Shibao (01057) at -17.76%, and GAC Group (02238) at -17.40% [1][5]. Group 3: Detailed Premium and Deviation Data - The detailed premium and deviation data for the top ten AH shares shows significant premiums for companies like Sinopec Oilfield Service (01033) at 265.22% and Fudan Zhangjiang (01349) at 254.87% [2]. - The bottom ten AH shares include companies like WuXi AppTec (02359) with a premium of 5.28% and Weichai Power (02338) at 6.70% [3].

Core Insights - The article highlights the top and bottom AH share premium rates as of December 15, with Northeast Electric (00042) leading at a premium of 900.00% and CATL (03750) at the bottom with a premium of -11.03% [1][2][3] Premium Rate Rankings - The top three AH stocks by premium rate are: - Northeast Electric (00042) with a premium of 900.00% and a deviation value of 26.91% [1][2] - Beijing Capital Machinery (00187) with a premium of 266.67% and a deviation value of 27.25% [1][2] - Hongye Futures (03678) with a premium of 265.78% and a deviation value of -3.92% [1][2] - The bottom three AH stocks by premium rate are: - CATL (03750) with a premium of -11.03% and a deviation value of -2.28% [1][3] - China Merchants Bank (03968) with a premium of -0.77% and a deviation value of -0.05% [1][3] - Heng Rui Medicine (01276) with a premium of 1.62% and a deviation value of -1.73% [1][3] Deviation Value Rankings - The top three AH stocks by deviation value are: - Beijing Capital Machinery (00187) with a deviation value of 27.25% [1][4] - Northeast Electric (00042) with a deviation value of 26.91% [1][4] - Hongxing Meikailong (01528) with a deviation value of 18.57% [1][4] - The bottom three AH stocks by deviation value are: - GAC Group (02238) with a deviation value of -19.95% [1][5] - First Tractor Company (00038) with a deviation value of -16.78% [1][5] - Longyuan Power (00916) with a deviation value of -13.18% [1][5]

Group 1 - The core viewpoint of the article highlights the financial performance and market position of Hongye Futures, which has a high PE ratio compared to its industry peers [1] - As of December 12, Hongye Futures closed at 10.38 yuan, with a PE ratio of 675.06, significantly higher than the industry average of 57.69 and the median of 25.88 [1][2] - The total market capitalization of Hongye Futures is 10.461 billion yuan, ranking it 21st in the multi-financial industry [1] Group 2 - The company reported a significant decline in its latest financial results, with a revenue of 462 million yuan for the third quarter of 2025, down 76.77% year-on-year, and a net profit of 2.0897 million yuan, down 87.27% year-on-year [1] - As of January 10, 2025, the number of shareholders in Hongye Futures is 40,409, a decrease of 517 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares [1] - Hongye Futures specializes in various financial services, including commodity futures brokerage, financial futures brokerage, investment consulting, asset management, and fund sales [1]

Core Viewpoint - The rubber industry in Hainan Baisha Li Autonomous County is crucial for local livelihoods, but it faces challenges due to international price fluctuations. The "insurance + futures" project initiated by Hongye Futures aims to stabilize farmers' income and support rural revitalization [1][2]. Group 1: Project Implementation - Hongye Futures has been implementing the "insurance + futures" project in Hainan Baisha for three years, covering a rubber scale of 3,000 tons and benefiting nearly 27,000 farmers this year [1]. - The project is supported by the Shanghai Futures Exchange and aims to mitigate price volatility risks for rubber farmers, injecting financial momentum into the industry [1]. Group 2: Collaboration and Community Engagement - A recent event saw Hongye Futures collaborate with local village party branches to promote the integration of party organization building and financial services [1]. - An agreement was signed to leverage the strengths of both the futures company in risk management and local organizations in community engagement to promote financial tools like "insurance + futures" [1]. Group 3: Educational Initiatives - Following the signing ceremony, Hongye Futures conducted a specialized party class and policy briefing for village leaders, party representatives, and key rubber farmers, emphasizing the role of the futures market in supporting the real economy [2]. - The company encourages grassroots party members to learn financial knowledge and promote agricultural benefit policies, aiming to translate organizational strength into tangible results for industry revitalization [2].

Group 1 - The core viewpoint of the news is that Hongye Futures has shown fluctuations in stock performance, with a year-to-date increase of 8.72% but a recent decline over the past 20 and 60 days [1][2] - As of December 12, Hongye Futures' stock price was 10.47 yuan per share, with a market capitalization of 10.551 billion yuan and a trading volume of 43.19 million yuan [1] - The company has experienced significant net inflows of main funds, amounting to 206,400 yuan, with large orders accounting for 13.81% of total buying and 13.33% of total selling [1] Group 2 - Hongye Futures, established on July 31, 1995, is primarily engaged in commodity futures brokerage, financial futures brokerage, investment consulting, asset management, fund sales, and financial asset investment [2] - The company's revenue composition indicates that 67.03% comes from commodity trading and risk management, while 32.97% is from futures brokerage and asset management [2] - As of September 30, 2025, Hongye Futures reported a revenue of 462 million yuan, a year-on-year decrease of 76.77%, and a net profit attributable to shareholders of 2.09 million yuan, down 87.27% year-on-year [2] Group 3 - Since its A-share listing, Hongye Futures has distributed a total of 44.34 million yuan in dividends [3] - As of September 30, 2025, the number of shareholders decreased by 13.10% to 54,400, with an average of 0 circulating shares per shareholder [2][3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 2.8647 million shares, a decrease of 3.2006 million shares from the previous period [3]