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 本月底法定/註冊股本總額： HKD 100,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年12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: 金輝控股(集團)有限公司 呈交日期: 2026年1月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09993 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | ...

Group 1 - As of December 24, 49 stocks reached a 52-week high, with Shin-Etsu Holdings (06038), Gaoke Bridge (09963), and Easy Health (02661) leading the increase rates at 39.13%, 23.71%, and 16.39% respectively [1] - The closing prices and peak prices for the top three stocks are as follows: Shin-Etsu Holdings at 0.425 with a peak of 0.480, Gaoke Bridge at 1.040 with a peak of 1.200, and Easy Health at 66.800 with a peak of 69.600 [1] - Other notable stocks that reached new highs include Yijun Group Holdings (02442) at 14.060 (14.31% increase) and Jingxi International (02339) at 3.880 (13.78% increase) [1] Group 2 - The report also highlights 52-week lows, with Guanglian Technology Holdings (02531) experiencing the largest decline at -17.57%, closing at 4.760 with a low of 3.660 [2] - Other stocks that reached new lows include Caixing Toys (00869) at -8.51% and China Aoyuan (03883) at -8.00% [2] - The closing prices for the stocks at new lows include Guanglian Technology Holdings at 4.760, Caixing Toys at 0.435, and China Aoyuan at 0.076 [2]

Core Viewpoint - The Hong Kong real estate stocks experienced a significant rise following the Central Economic Work Conference, which emphasized stabilizing the real estate market and addressing key risks in the sector [1]. Group 1: Market Performance - Major real estate stocks such as Shimao Group, Ronshine China, and Vanke Enterprises saw increases of over 5%, while Sunac China rose by 4.5% [1]. - Other companies like Greentown China, Agile Group, Jin Hui Holdings, and Country Garden also reported gains exceeding 3% [1]. - The overall positive sentiment in the market is reflected in the performance of various real estate stocks listed in the table, with notable increases across the board [2]. Group 2: Policy Implications - The Central Economic Work Conference, held on December 10-11, outlined strategies to stabilize the real estate market, including city-specific policies to control supply and reduce inventory [1]. - The meeting also highlighted the importance of reforming the housing provident fund system and promoting the construction of quality housing [1]. - Measures to address local government debt risks were discussed, emphasizing proactive debt management and the prevention of new hidden debts [1].

Group 1 - Hong Kong property stocks experienced a significant rise, with Shimao Group, Ronshine China, and Vanke Enterprises increasing by over 5%, while Sunac China rose by 4.5% [1] - Other notable increases included Greentown China, Agile Group, Jinhui Holdings, and Country Garden, all rising by over 3%, and CIFI Holdings, China Jinmao, Longfor Group, and New City Development increasing by over 2% [1] Group 2 - The Central Economic Work Conference held from December 10 to 11 in Beijing emphasized the need to stabilize the real estate market, implementing city-specific policies to control supply, reduce inventory, and improve supply [1] - The conference also highlighted the importance of reforming the housing provident fund system and promoting the construction of quality housing [1] - Measures to actively and orderly resolve local government debt risks were discussed, including urging local governments to proactively manage debt and preventing the illegal addition of hidden debts [1]

【财华社讯】12月10日，港股內房股午后拉涨，截至发稿，万科企业(02202.HK)涨超13%，世茂集团 (00813.HK)、融创中国(01918.HK)涨超9%、融信中国(03301.HK)涨超8%、中国金茂(00817.HK)、金辉 控股(09993.HK)涨超7%，碧桂园(02007.HK)涨超5%。 本文源自：财华网 ...

Group 1 - The Hong Kong stock market saw a collective surge in property stocks, with Vanke Enterprises rising by 17% [1] - Sunac China and Jin Hui Holdings both increased by over 11% [1] - Other notable gains included Agile Group, Shimao Group, and China Jinmao, which all rose by over 9%, while Country Garden increased by over 7% [1] - Oceanwide Holdings, R&F Properties, and CIFI Holdings all saw increases of over 6% [1]

Core Viewpoint - The Chinese real estate stocks experienced a strong rally in the afternoon, with significant price increases observed in several major companies, driven by expectations of policy easing due to further deterioration in the fundamentals of the sector [1] Group 1: Stock Performance - Vanke Enterprises (02202) saw a peak increase of 16.47%, reaching HKD 3.89 [1] - Sunac China (01918) rose by 12.56%, trading at HKD 1.39 [1] - Jin Hui Holdings (09993) increased by 11.56%, with a price of HKD 2.22 [1] - Shimao Group (00813) experienced a rise of 9.85%, priced at HKD 0.223 [1] - Agile Group (03383) climbed by 9.68%, reaching HKD 0.34 [1] Group 2: Analyst Insights - Caixin Securities indicated that the expectation of policy easing due to further declines in fundamentals could lead to a valuation recovery in the sector in the short term [1] - The firm suggested focusing on valuation recovery opportunities driven by policy easing in the short term, while in the medium to long term, attention should be on leading companies with core city resources and real estate operational capabilities [1] - Galaxy Securities highlighted that risks in real estate, small financial institutions, and local debts may be key areas for future policy focus [1]

Core Viewpoint - The article highlights a significant rally in the Chinese real estate stocks, driven by expectations of policy easing amid a deteriorating economic outlook [1] Group 1: Stock Performance - Vanke Enterprises (02202) surged by 16.47%, trading at HKD 3.89 [1] - Sunac China (01918) increased by 12.56%, reaching HKD 1.39 [1] - Jin Hui Holdings (09993) rose by 11.56%, priced at HKD 2.22 [1] - Shimao Group (00813) climbed by 9.85%, now at HKD 0.223 [1] - Agile Group (03383) gained 9.68%, trading at HKD 0.34 [1] Group 2: Market Analysis - Caixin Securities' recent report suggests that the expectation of policy easing due to further deterioration in the fundamentals may lead to a valuation recovery in the sector [1] - The report emphasizes the need to focus on leading companies with core city resources and real estate operational capabilities for long-term investment opportunities [1] - Galaxy Securities indicates that risks in real estate, small financial institutions, and local debts may be key areas for future policy interventions [1]

截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 金輝控股(集團)有限公司 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09993 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | | | 本月底結存 | | | 10,000,000,000 | HKD | | 0.01 | HKD | | 100,000,000 | 本月底法定/註冊股本總額： HKD 100,000,000 FF301 第 1 ...

Group 1 - The core viewpoint of the news highlights a collective rise in Hong Kong property stocks, driven by positive government policies and market sentiment [1] - Guangzhou is actively promoting the acquisition of existing residential properties for use as affordable housing, while multiple regions continue to implement relaxation policies [1] - The Ministry of Housing and Urban-Rural Development held a national urban renewal work promotion meeting, emphasizing the need for tailored, innovative approaches in planning, funding, operations, and governance [1] Group 2 - A research report from Shenwan Hongyuan expresses optimism about the new "good housing" sector and the revaluation of shopping center values, maintaining a "positive" rating [1] - The report suggests that while the real estate sector in China will continue to stabilize, core cities are expected to see a turnaround sooner [1] - Two major opportunities are identified: the elevation of "good housing" policies, which could shift real estate companies from finance to manufacturing, and the strong performance of quality commercial enterprises during a monetary easing cycle, leading to potential revaluation of consumer-oriented commercial real estate assets [1]