（责任编辑：刘畅 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 格隆汇11月21日丨太平洋航运(02343.HK)发布公告，2025年11月21日耗资2093.92万港元回购800万 股，回购价格每股2.6-2.63港元。 ...

智通财经APP讯，太平洋航运(02343)发布公告，Mats Henrik Berglund先生，现年63岁，已由公司非执行 董事获调任为独立非执行董事，自2025年11月21日起生效。于调任后，Berglund先生将继续担任公司提 名委员会及可持续发展委员会成员。 ...

新华社北京11月21日电 中共中央政治局委员、全国人大常委会副委员长 李鸿忠 21日在京会见以瓦 努阿图议会议长、领袖党议员菲利克斯为团长的太平洋岛国政治家联合考察团。 菲利克斯表示，岛国坚定恪守一个中国原则，愿同中方深化各领域合作。（完） 李鸿忠 表示，在 习近平 主席和太平洋岛国领导人战略引领下，双方关系保持良好发展势头。中方 愿同岛国密切政党、立法机构交往，携手构建更加紧密的中国同太平洋岛国命运共同体。 李鸿忠 还介 绍了中共二十届四中全会精神。 ...

Core Viewpoint - The meeting between the Vice Minister of Natural Resources and the World Bank's Vice President for East Asia and the Pacific focused on establishing a partnership to enhance cooperation in ecological systems and transformation projects in China [1] Group 1 - The two parties discussed the establishment of a partnership to promote the China-World Bank Group Global Ecosystem and Transformation Center [1] - They agreed to align their efforts with the World Bank's Country Partnership Framework for China for the fiscal years 2026-2030 [1] - The aim is to systematically plan key cooperation areas and projects for the next five years to enhance the quality and international influence of their collaboration [1]

二、中国太平洋财产保险股份有限公司云南分公司应按照有关规定及时办理变更及许可证换领事宜。 一、同意中国太平洋财产保险股份有限公司曲靖中心支公司将营业场所变更为云南省曲靖市麒麟区南片 区银屯路西段和文笔路交叉口福邦酒店C区1层7-8号商铺、11层。 2025年11月18日，曲靖金融监管分局发布批复称，《中国太平洋财产保险股份有限公司云南分公司关于 中国太平洋财产保险股份有限公司曲靖中心支公司变更营业场所的请示》（云太保产〔2025〕64号）收 悉。经审核，现批复如下： ...

Core Viewpoint - The meeting between the Vice Minister of Natural Resources and the World Bank's Vice President for East Asia and the Pacific focused on establishing a partnership to promote the China-World Bank Group Global Ecosystem and Transformation Center, emphasizing practical cooperation to address global challenges [1] Group 1 - The Global Knowledge Center aims to enhance cooperation between China and the World Bank in response to globalization challenges [1] - The Vice Minister suggested signing a framework cooperation agreement to support the establishment of a technical support center for the Global Knowledge Center [1] - Proposed areas of collaboration include urban biodiversity protection, nature-based solutions, and natural capital accounting [1]

Summary of Key Points Core Viewpoint - Pacific Shipping has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [2]. Share Buyback Details - On November 20, 2025, Pacific Shipping repurchased 8 million shares at a price range of HKD 2.610 to HKD 2.630, totaling HKD 20.9966 million [2]. - The stock closed at HKD 2.630 on the same day, reflecting a decrease of 0.38%, with a total trading volume of HKD 47.1454 million [2]. - Since November 18, the company has conducted buybacks for three consecutive days, acquiring a total of 8.568 million shares for a cumulative amount of HKD 22.4904 million, during which the stock price fell by 3.31% [2]. - Year-to-date, the company has executed 38 buybacks, totaling 135 million shares and an aggregate amount of HKD 271 million [2]. Buyback Breakdown - The buyback details include various dates, share quantities, and prices, with the highest buyback price recorded at HKD 2.640 on November 4, 2025, for 10 million shares [2]. - The most significant buyback occurred on November 5, 2025, with 5.159 million shares repurchased at an average price of HKD 2.630, amounting to HKD 135.388 million [2].

Core Points - The fifth China-Pacific Island Countries Political Party Dialogue was held in Beijing on November 19, focusing on deepening cooperation and building a closer China-Pacific Island Countries community of shared destiny [1] - Chinese officials expressed appreciation for the Pacific Island countries' adherence to the One China principle and emphasized the importance of collaboration in implementing leaders' consensus [1] Group 1 - The dialogue was attended by key political figures from the Pacific Island countries, including the Speaker of the Vanuatu Parliament, Felix, and Chinese officials [1] - Liu Haixing, the head of the International Liaison Department of the CPC, highlighted the role of the Chinese Communist Party in fostering consensus and practical cooperation with Pacific Island countries [1] - Pacific Island leaders expressed their willingness to enhance dialogue and cooperation with the Chinese Communist Party across various fields [1]

美国海上钻探计划包括在墨西哥湾、阿拉斯加近海及太平洋沿岸进行多达34次租赁拍卖。 ...

Quantitative Models and Construction Methods 1. **Model Name**: Industry Crowding Monitoring Model **Model Construction Idea**: This model is designed to monitor the crowding levels of Shenwan First-Level Industry Indices on a daily basis, identifying industries with high or low crowding levels and tracking changes in crowding over time[3] **Model Construction Process**: The model calculates crowding levels for each industry index based on specific metrics (not detailed in the report) and ranks them accordingly. It provides daily updates on crowding levels and highlights industries with significant changes in crowding[3] **Model Evaluation**: The model effectively identifies industries with high or low crowding levels and tracks significant changes, providing actionable insights for investors[3] 2. **Model Name**: Premium Rate Z-Score Model **Model Construction Idea**: This model identifies potential arbitrage opportunities in ETF products by calculating the Z-score of premium rates for ETFs over a rolling window[4] **Model Construction Process**: - The premium rate for each ETF is calculated as the difference between the ETF's market price and its net asset value (NAV), divided by the NAV - The Z-score is then computed as: $ Z = \frac{(Premium\ Rate - Mean\ Premium\ Rate)}{Standard\ Deviation\ of\ Premium\ Rate} $ where the mean and standard deviation are calculated over a rolling window[4] **Model Evaluation**: The model is useful for identifying ETFs with significant deviations from their historical premium rates, which may indicate potential arbitrage opportunities. However, it also highlights the need to be cautious of potential price corrections[4] --- Model Backtesting Results 1. **Industry Crowding Monitoring Model**: No specific numerical backtesting results were provided in the report[3] 2. **Premium Rate Z-Score Model**: No specific numerical backtesting results were provided in the report[4] --- Quantitative Factors and Construction Methods No specific quantitative factors were detailed in the report --- Factor Backtesting Results No specific quantitative factor backtesting results were provided in the report