证券代码：600958 证券简称：东方证券 公告编号：2025-046 东方证券股份有限公司 关于为境外间接全资子公司发行美元债券 提供担保的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 （一）担保的基本情况 重要内容提示： 担保对象及基本情况 | 担保 | 被担保人名称 | Orient | ZhiSheng 1 | Limited | | --- | --- | --- | --- | --- | | | 本次担保金额 | 3 亿美元 | | | | 对象 | 实际为其提供的担保余额 | 6.46 | 亿美元 | | | | 是否在前期预计额度内 | 是 | □否 | □不适用 | | | 本次担保是否有反担保 | □是 | 否 | □不适用 | 累计担保情况 1 对外担保逾期的累计金额 - 截至本公告日上市公司及其 控股子公司对外担保总额 人民币 169.84 亿元 对外担保总额占上市公司最 近一期经审计净资产的比例 20.87% 特别风险提示 □对外担保总额（含本次）超过上市公 司最近一期经审计净资产 50 ...

2025年9月29日，东方证券签署《担保契据》，为境外间接全资子公司OrientZhiShengLimited发行的3亿 美元三年期浮动利息美元债券提供无条件且不可撤销的保证担保。本次担保实施后，公司为该子公司担 保余额为6.46亿美元。截至公告日，公司及控股子公司对外担保总额为169.84亿元，占最近一期经审计 净资产的20.87%，无逾期担保情况。此次担保在公司内部决策授权范围内，虽被担保方资产负债率超 70%，但公司间接持股100%，担保风险可控，不会损害公司及股东利益。 ...

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，並明確表示概不就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。 本公告僅供參考，並不構成收購、購買或認購證券的邀請或要約。 本公告並不構成在美國境內購買或認購證券的任何要約或邀請或其中一部分。證券並無亦不會 根據經修訂的1933年美國證券法（「證券法」）或美國任何州或其他司法權區的證券法例登記。證 券依據證券法項下S規例（「S規例」）於美國境外對非美國人士提呈發售及出售，如未登記或獲 豁免遵守證券法的登記規定，不得在美國境內或針對美國人士（定義見S規例）或以其名義或為 其利益提呈發售、出售或以其他方式轉讓。證券將不會於美國或提呈發售受限制或被禁止的任 何其他司法權區進行公開發售。 於香港聯合交易所有限公司上市的通告 Orient ZhiSheng Limited （於英屬維京群島註冊成立的有限公司） （「發行人」） 發行於2028年到期之300,000,000美元浮動利率擔保債券（「債券」） （股份代號：5953） 聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 由 ...

Group 1 - The report emphasizes the application of the "2+1" thinking model, which includes expectation thinking, trading thinking, and marginal thinking, in the investment process of major asset classes [6][9][10] - The overall risk of major assets is controllable, with domestic stocks, gold, commodities, domestic bonds, and US stocks being suitable for strategic allocation based on expectation perspectives [6][10][11][13] - The report highlights the need for tactical adjustments in asset positions, particularly in domestic stocks and gold, which suggest a cautious short-term approach but a relatively optimistic medium-term outlook [6][10][39] Group 2 - The trading characteristics of major assets show differentiation, with domestic stocks and gold experiencing a significant strengthening in trading trends since September, while other assets remain relatively stable [6][22][26] - The report indicates that trading sentiment for domestic stocks and gold has increased in the short term, but medium-term uncertainties are decreasing [22][30][39] - The report suggests that the trading trends for commodities and US stocks have weakened since September, with a neutral outlook for domestic bonds [39][20] Group 3 - Domestic stocks are supported by the DDM model, reflecting expectations of earnings and growth, while the risk evaluation has been improving [10][11] - Domestic bonds face uncertainties due to interest rate and inflation expectations, but the risks are still manageable [11][19] - Gold remains optimistic based on expectations of US real interest rates and global monetary system restructuring, with a neutral to slightly positive outlook for commodities [13][17][19]

本公告僅供參考，並不構成收購、購買或認購證券的邀請或要約。 本公告並不構成在美國境內購買或認購證券的任何要約或邀請或其中一部分。證券並無亦不會 根據經修訂的1933年美國證券法（「證券法」）或美國任何州或其他司法權區的證券法例登記。證 券依據證券法項下S規例（「S規例」）於美國境外對非美國人士提呈發售及出售，如未登記或獲 豁免遵守證券法的登記規定，不得在美國境內或針對美國人士（定義見S規例）或以其名義或為 其利益提呈發售、出售或以其他方式轉讓。證券將不會於美國或提呈發售受限制或被禁止的任 何其他司法權區進行公開發售。 於香港聯合交易所有限公司上市的通告 Orient ZhiSheng Limited 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，並明確表示概不就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。 （於英屬維京群島註冊成立的有限公司） （「發行人」） 發行於2028年到期之300,000,000美元浮動利率擔保債券（「債券」） （股份代號：5953） 由 （於中華人民共和國註冊成立之股份有限公司，公司中 ...

（文章来源：21世纪经济报道） 消息面上，日前，央行会议明确指出，要落实落细适度宽松的货币政策，引导金融机构加大货币信贷投 放力度，用好证券、基金、保险公司互换便利和股票回购增持再贷款，探索常态化的制度安排，维护资 本市场稳定。 开源证券研报指出，三季度交易活跃度和两融规模提升明显，叠加低基数，券商三季报业绩同比增速有 望进一步扩大。展望未来，投行、衍生品和公募业务等业务有望接续改善，头部券商海外业务崛起和内 生增长导向有望驱动本轮头部券商ROE扩张，板块估值仍在低位，机构仍有配置空间，继续看好券商板 块战略性配置机会，关注三季报和政策事件催化。 9月29日，A股全天震荡走强，三大指数集体上涨，沪深两市成交额连续第13个交易日突破2万亿。从板 块来看，券商概念股集体大爆发，广发证券、华泰证券、国盛金控涨停，湘财股份、东方证券、东吴证 券等纷纷走强。 ...

Core Insights - The securities sector experienced a significant increase of 4.75% on September 29, with GF Securities leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - GF Securities (000776) closed at 22.95, with a rise of 10.02% and a trading volume of 2.0076 million shares, totaling a transaction value of 4.5 billion [1] - Huatai Securities (601688) closed at 21.77, up 10.01%, with a trading volume of 2.9863 million shares and a transaction value of 6.331 billion [1] - Guosheng Financial Holdings (002670) closed at 22.13, increasing by 9.99%, with a trading volume of 1.4463 million shares and a transaction value of 3.098 billion [1] - Other notable performers include Xiangcai Securities (600095) up 6.94%, Dongfang Securities (600958) up 6.90%, and Dongwu Securities (601555) up 6.24% [1] Capital Flow - The securities sector saw a net inflow of 11.144 billion from institutional investors, while retail investors experienced a net outflow of 7.13 billion [2] - The overall capital flow indicates a mixed sentiment, with institutional investors showing confidence while retail investors withdrew funds [2]

Market Overview - The A-share market saw all three major indices rise, with the ChiNext Index increasing by 2.75% and the Shanghai Composite Index closing at 3862.53 points, up 0.90% [1][4] - The total trading volume in the Shanghai and Shenzhen markets reached 2.16 trillion yuan, an increase of 146 billion yuan compared to the previous trading day [4] Sector Performance - The brokerage and precious metals sectors led the market gains, with the brokerage sector rising by 4.89% and the precious metals sector increasing by 4.3% [4][12] - Solid-state battery and lithium battery-related sectors also performed well, with the solid-state battery index surging [17] Brokerage Stocks - Brokerage stocks experienced a significant afternoon rally, with major players like Huatai Securities and GF Securities hitting the daily limit of 10% [7][8] - The average daily trading volume and margin financing indicators for brokerages reached historical highs, indicating strong market activity [10] Precious Metals - The precious metals sector saw notable increases, with spot gold breaking through the $3810 mark, reaching a new historical high of $3813.93 per ounce [11][12] - Key stocks in the precious metals sector, such as Shengda Resources and Zhaojin Mining, recorded substantial gains [12][13] Solid-State Battery Sector - The solid-state battery index showed strong performance, with companies like EVE Energy and Ganfeng Lithium seeing significant stock price increases [18][19] - Research advancements in solid-state battery technology from Tsinghua University contributed to the sector's positive momentum [20]

Market Overview - A-shares experienced a strong rally on September 29, with the Shanghai Composite Index rising over 1% at one point, and the ChiNext Index increasing over 3% [2] - The Shanghai Composite Index closed up 0.9% at 3862.53 points, the Shenzhen Component Index rose 2.05% to 13479.43 points, and the ChiNext Index increased 2.74% to 3238.01 points, with total market turnover nearing 2.2 trillion yuan [2] Brokerage Sector Performance - The brokerage sector surged, with an increase of over 7% at one point and closing up over 5% [3] - Notable stocks included Huatai Securities, Guosheng Securities, and GF Securities hitting the daily limit, while CITIC Securities approached the limit with a nearly 6% rise [3] Hong Kong Market - In the Hong Kong market, major brokerage firms such as GF Securities, Huatai Securities, and CITIC Securities saw their shares rise over 10% [4] Institutional Insights - Institutions suggest that the brokerage sector is likely to attract market attention during the third-quarter earnings disclosure period, benefiting from both strong performance and valuation recovery [5] Solid-State Battery Sector - The solid-state battery concept saw significant gains, with Wanrun New Energy hitting a 20% limit up, and other companies like Hunan Yuno and Haibo Technology also experiencing substantial increases [6] - The solid-state battery technology is advancing towards commercialization, with significant developments reported by Tsinghua University and companies like Panasonic and SK On [9]

Market Overview - The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 21,781 billion yuan, an increase of 12 billion yuan compared to the previous day, with over 3,500 stocks rising [1] - On September 29, all three major A-share indices rose, with the Shanghai Composite Index up by 0.9%, the Shenzhen Component Index up by 2.05%, and the ChiNext Index up by 2.74% [2] Sector Performance - The securities, battery, non-ferrous metals, and steel sectors saw significant gains, while the education, pork, coal, and chemical pharmaceuticals sectors experienced declines [1] - Specific stocks such as Huatai Securities, Guosheng Financial Holdings, and GF Securities hit the daily limit, indicating strong performance in the securities sector [7] - The gold and non-ferrous metals sectors also performed well, with stocks like Wolong New Energy and Xingye Silver Tin reaching their daily limit [7] - Solid-state battery and energy storage sectors showed explosive growth, with over ten stocks including Wanrun New Energy and Fengshan Group hitting the daily limit [7] Notable Stock Movements - Stocks in the education sector, such as Kevin Education and China High-Tech, faced significant declines, with some hitting the daily limit down [7] - Pork and food stocks also lagged, with companies like Jingji Zhino and Aonong Biological experiencing notable drops [7]