Group 1: Market Performance - Hong Kong steel stocks experienced a general rise, with Tian Gong International increasing over 5%, and Angang Steel and Maanshan Iron & Steel rising by 3% [1] - Other notable increases include Chongqing Steel and China Oriental Group, both rising over 2.3% [1][2] Group 2: Export Data - In October, China's steel exports totaled 9.782 million tons, a decrease of 683,000 tons from September, representing a month-on-month decline of 6.5% and a year-on-year decline of 12.5% [1] - Cumulative steel exports from January to October reached 97.737 million tons, showing a year-on-year increase of 6.6% [1] Group 3: Industry Outlook - The global manufacturing PMI is stabilizing, and China's steel export order index has returned to an expansion zone, indicating improved competitiveness in steel export prices [1] - Despite this, external demand remains weak, influenced by trade frictions and related tax policies, which continue to suppress China's steel exports [1] - The potential for steel consumption in countries along the "Belt and Road" initiative is expected to benefit exports next year, helping to alleviate domestic demand pressures [1] - Signs of easing trade frictions may further enhance indirect exports next year [1] Group 4: Company-Specific Updates - UBS downgraded Maanshan Iron & Steel's rating to "Sell," citing unfavorable Q4 outlook, while the company plans to hold a Q3 earnings briefing on November 13 [3] - UBS raised the target price for Angang Steel's H-shares to HKD 2.45, noting that core products will benefit from strong manufacturing performance [3] - China Oriental Group reported Q3 steel sales of 2.1 million tons and an operating profit of 403 million yuan, with a mid-term net profit of 243 million yuan, reflecting a year-on-year increase of approximately 97.5% [3] - Tian Gong International is positioned for a value reassessment due to its near-net-shaping technology leading high-end manufacturing [3]

Core Viewpoint - Hong Kong steel stocks experienced a general rise, with notable increases in Tian Gong International and other companies, reflecting a positive sentiment in the market despite a decline in steel exports in October [1] Group 1: Market Performance - Tian Gong International saw a rise of over 5%, while Ansteel and Maanshan Iron & Steel increased by 3%, and Chongqing Steel and other companies rose by over 2.3% [2] - The overall performance of steel stocks indicates a recovery trend in the sector, driven by various market factors [1] Group 2: Export Data - In October, China exported 9.782 million tons of steel, a decrease of 683,000 tons from September, representing a month-on-month decline of 6.5% and a year-on-year decline of 12.5% [1] - Cumulative steel exports from January to October reached 97.737 million tons, showing a year-on-year increase of 6.6% [1] Group 3: Market Outlook - The global manufacturing PMI is stabilizing, and China's steel export order index has returned to the expansion zone, indicating improved competitiveness in steel export prices [1] - Despite the weak external demand and trade friction, the potential for steel consumption in countries along the "Belt and Road" initiative is expected to benefit exports next year, potentially alleviating domestic demand pressures [1] - Signs of easing trade friction may further enhance indirect exports in the coming year [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 找钢产业互联集团 (於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期: 2025年11月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06676 | 說明 | A類普通股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,700,000,000 | USD | 0.00005 | USD | | 85,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 1,700,000,000 | USD | 0.00005 | USD | ...

Core Viewpoint - The company, 找钢集团-W (06676), announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company will spend HKD 662,900 to repurchase 300,000 shares [1] - The buyback price per share ranges from HKD 2.13 to HKD 2.30 [1]

Group 1 - The company, 找钢集团-W (06676.HK), announced a share buyback on October 17, 2025, costing HKD 662,900 for the repurchase of 300,000 shares [1] - The buyback price ranged from HKD 2.13 to HKD 2.30 per share [1]

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： 找钢产业互联集团(於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年10月17日 根據《主板上市規則》第13.25C條 / 《GEM上市規則》第17.27C條，我們在此確認，據我們所知所信，第一章節所述的每項股份發行或庫存股份出售或轉讓已獲發行人董事會正式授權批准，並遵 照所有適用上市規則、法律及其他監管規定進行，並在適用的情況下： (註7) (i) 上市發行人已收取其在是次股份發行或庫存股份出售或轉讓應得的全部款項； (viii) 有關債券、借貸股份、票據或公司債券的信託契約/平邊契據經已製備及簽署，有關詳情已送呈公司註冊處處長存檔（如法律如此規定）。 第一章節註釋： 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 。 ...

Summary of Key Points Core Viewpoint - MPC GPGP II Ltd. has reduced its stake in Zhaogang Group-W (06676) by selling 400,000 shares at a price of HKD 2.6908 per share, totaling HKD 1.07632 million, resulting in a new holding of approximately 78.9923 million shares, representing 8.98% of the company [1] Group 1 - The transaction occurred on October 3, as reported by the Hong Kong Stock Exchange [1] - The selling price per share was HKD 2.6908, leading to a total transaction value of HKD 1.07632 million [1] - After the sale, MPC GPGP II Ltd. holds about 78.9923 million shares in Zhaogang Group-W [1] Group 2 - The latest holding percentage of MPC GPGP II Ltd. in Zhaogang Group-W is 8.98% [1] - The transaction involved related parties, including MPC Management II L.P. and Su David Tuong Sing [1]

Summary of Key Points Core Viewpoint - On October 9, 30 Hong Kong-listed companies conducted share buybacks, totaling 17.93 million shares and an aggregate amount of HKD 621 million [1][2]. Group 1: Buyback Details - Tencent Holdings repurchased 816,000 shares for HKD 551 million, with a highest price of HKD 680.50 and a lowest price of HKD 666.00, bringing its total buyback amount for the year to HKD 60.41 billion [1][2]. - Guoquan repurchased 4.72 million shares for HKD 14.99 million, with a highest price of HKD 3.21 and a lowest price of HKD 3.07, totaling HKD 150.42 million for the year [1][2]. - Jinsong Machine Tool China repurchased 330,000 shares for HKD 11.12 million, with a highest price of HKD 33.98 and a lowest price of HKD 33.40, totaling HKD 17.49 million for the year [1][2]. Group 2: Buyback Rankings - The highest buyback amount on October 9 was from Tencent Holdings at HKD 551 million, followed by Guoquan at HKD 14.99 million [1][2]. - In terms of share quantity, Guoquan led with 4.72 million shares repurchased, followed by China Electric Valley and Lianyi Rong Technology with 3.10 million and 2.14 million shares, respectively [1][2]. Group 3: Additional Buyback Information - Notably, the buyback by Zhaogang Group-W on this date marked its first buyback of the year [2]. - The overall buyback activity reflects a trend among companies to utilize share repurchases as a strategy to enhance shareholder value [1][2].

Core Viewpoint - The company, 找钢集团-W (06676), announced a share buyback plan, indicating a strategic move to enhance shareholder value through repurchasing shares at a specified price range [1] Group 1 - The company plans to repurchase 160,500 shares at a total cost of HKD 404,700 [1] - The buyback price per share is set between HKD 2.45 and HKD 2.56 [1] - The buyback is scheduled to take place on October 9, 2025 [1]

Group 1 - The company, Find Steel Group-W (06676), announced a share buyback on October 9, 2025, spending HKD 404,700 to repurchase 160,500 shares [1] - The buyback price per share ranged from HKD 2.45 to HKD 2.56 [1]