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： 中遠海運控股股份有限公司 呈交日期： 2025年11月21日 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 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01919 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | | | | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發 ...

Core Viewpoint - The Freedom Cash Flow ETF CSI All Share (561080) experienced a decline of 1.70% as of the midday close on November 21, with a trading volume of 4.1672 million yuan [1] Group 1: ETF Performance - The Freedom Cash Flow ETF CSI All Share (561080) closed at 1.211 yuan [1] - The fund has a performance benchmark of the CSI All Share Free Cash Flow Index return rate [1] - Since its establishment on April 23, 2025, the fund has achieved a return of 23.00%, with a one-month return of 4.57% [1] Group 2: Major Holdings - Major stocks in the Freedom Cash Flow ETF include: - China National Offshore Oil Corporation (CNOOC) down 1.44% - Midea Group down 0.05% - Gree Electric Appliances down 0.74% - Wuliangye Yibin down 0.36% - China COSCO Shipping down 0.46% - Luoyang Molybdenum down 3.48% - TCL Technology down 1.92% - China Aluminum down 4.08% - SF Express down 1.34% - Shaanxi Coal and Chemical Industry down 0.43% [1]

Core Viewpoint - China COSCO Shipping Holdings Co., Ltd. has been actively repurchasing its shares, indicating a strong commitment to enhancing shareholder value and confidence in its business outlook [1][2]. Group 1: Share Buyback Details - On November 20, the company repurchased 3 million shares at a price range of HKD 13.660 to HKD 13.930, totaling HKD 41.34 million [1]. - Since October 31, the company has conducted share buybacks for 15 consecutive days, acquiring a total of 40.19 million shares for a cumulative amount of HKD 560 million [1]. - The stock price increased by 2.77% during the buyback period, despite a slight decline of 0.87% on the day of the latest buyback [1]. Group 2: Year-to-Date Buyback Summary - Year-to-date, the company has executed 104 buybacks, acquiring a total of 410 million shares for a total expenditure of HKD 5.419 billion [1][2]. - The buyback activity reflects the company's strategy to utilize its capital effectively and support its stock price in the market [1].

Core Viewpoint - The high dividend-paying stocks, particularly in the banking sector, are gaining attention in the market as they continue to show strong performance and increasing dividend payouts [3][4]. Group 1: Banking Sector Performance - On November 20, A-share banking stocks continued their strong performance, with China Bank (601988.SH) rising by 4%, reaching a historical high, while other major banks also saw increases of over 3% [3]. - The total market capitalization of the four major banks (ICBC, CCB, ABC, and BOC) in A-shares has exceeded 2 trillion yuan [3]. - In the Hong Kong market, Minsheng Bank (01988.HK) led the gains with over a 3% increase, while other banks also saw significant rises [3]. Group 2: Dividend Distribution - As of November 20, 24 out of 42 A-share listed banks have announced mid-term dividends totaling approximately 263.8 billion yuan, marking an increase from the previous year [3]. - High dividend assets are becoming increasingly attractive as deposit rates continue to decline, with many companies in various sectors offering dividends above 4% [7]. Group 3: High Dividend Stocks - There are currently 124 companies in the A-share market with a dividend yield exceeding 5%, with 7 companies yielding over 10% [4][6]. - The top three companies with the highest dividend yields are Dongfang Yuhong (002271.SZ) at 14.1%, Siwei Liekong (603508.SH) at 13.25%, and Guanghui Energy (600256.SH) at 12% [7][8]. - Among the 124 companies with yields over 5%, 85 have seen their stock prices rise in the past year, indicating the resilience of high dividend strategies in the current market [8]. Group 4: Policy Support for Dividends - The regulatory environment is encouraging companies to increase dividend payouts, with the China Securities Regulatory Commission advocating for more frequent and stable dividends [9]. Group 5: Long-term Dividend Trends - For the 2024 reporting period, the companies with the highest dividend yields include Haoxiangni (002582.SZ) at 16.91%, Meiyingsen (002303.SZ) at 15.95%, and Jinshi Technology (002951.SZ) at 14.97% [10][12]. - In 2023, the top dividend yielders were Libai Shares (603519.SH) at 15.34%, Rong'an Real Estate (000517.SZ) at 13.06%, and Yutong Bus (600066.SH) at 11.32% [10][12]. Group 6: Risks of High Dividend Strategies - High dividend strategies are not without risks, as some cyclical stocks may experience significant fluctuations in dividend yields [5]. - Investors should be cautious of "high dividend traps," where declining stock prices artificially inflate dividend yields, potentially indicating deteriorating fundamentals [5][15]. - The market has seen instances where companies maintain high dividends to attract investors despite underlying financial pressures [16][17].

Core Points - The U.S. Ambassador to Greece urged the sale of the Piraeus port, operated by a Chinese company, which has drawn strong criticism from China [1][2] - Chinese investments in Piraeus port have been recognized for their positive impact on the Greek economy, with local politicians defending the partnership [2][3] Group 1: U.S. Position - The U.S. Ambassador expressed regret over the presence of China’s COSCO Shipping at Piraeus port and suggested alternatives to mitigate China's influence, such as increasing throughput at other ports or selling Piraeus [1] - The U.S. government has reportedly pressured Greece to limit Chinese activities at Piraeus, linking this to the designation of COSCO as a "military entity" [1] Group 2: Chinese Response - The Chinese Embassy in Greece condemned the U.S. Ambassador's remarks as malicious and an interference in Greek internal affairs, emphasizing that Piraeus port belongs to the Greek people [2] - The Chinese Embassy highlighted that Piraeus port is a crucial gateway for Asian goods to Europe and criticized the U.S. for using it as a tool for geopolitical confrontation [2] Group 3: Greek Perspective - Greek officials, including the Foreign Ministry, reaffirmed their commitment to past agreements regarding Piraeus port, which was sold during the debt crisis when China was the only bidder [2] - Local politicians acknowledged the success of Chinese investments in modernizing Piraeus port, enhancing its status as one of Europe’s most important ports and benefiting the national economy [3]

Group 1: Bank Sector Performance - The bank sector is becoming a market focus, with A-share banks showing strong performance, particularly China Bank, which rose 4% to reach a historical high [1] - As of November 20, the total market capitalization of the four major banks in A-shares has exceeded 2 trillion yuan [1] - In the Hong Kong market, Minsheng Bank led gains with over 3% increase, while other banks also saw significant rises [1] Group 2: High Dividend Stocks - There are currently 124 companies in A-shares with a dividend yield exceeding 5%, with 7 companies yielding over 10% [2][3] - The top three companies with the highest dividend yields are Dongfang Yuhong (14.1%), Siwei Liekong (13.25%), and Guanghui Energy (12%) [3][4] - High dividend stocks are not limited to the banking sector but are also found in utilities, energy, and telecommunications, providing a buffer against market volatility [2][3] Group 3: Dividend Distribution Trends - As of November 20, 24 out of 42 A-share listed banks have announced mid-term dividends totaling approximately 263.8 billion yuan, marking an increase from the previous year [1] - Regulatory bodies are encouraging companies to enhance shareholder returns through measures like "cancellation-style buybacks" and multiple annual dividends [5] Group 4: Long-term Dividend Trends - For the 2024 reporting period, the companies with the highest projected dividend yields are Haoxiangni (16.91%), Meiyingsen (15.95%), and Jinshi Technology (14.97%) [6] - In 2023, the top dividend yielders included Libai Co. (15.34%), Rong'an Real Estate (13.06%), and Yutong Bus (11.32%) [7][8] Group 5: Characteristics of High Dividend Companies - High dividend companies are typically found in stable sectors like utilities, energy, telecommunications, and consumer staples, which are less affected by economic cycles [8] - These companies often have clear and stable dividend policies, viewing consistent dividends as a means to maintain credibility and attract long-term investors [8] Group 6: Risks Associated with High Dividend Strategies - High dividend strategies may carry risks, as some companies with high yields may face declining performance or debt issues [10][12] - The phenomenon of "high dividend traps" can occur when a company's stock price falls, artificially inflating the dividend yield without a corresponding increase in earnings [12]

第 1 頁 共 8 頁 v 1.3.0 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： 中遠海運控股股份有限公司 呈交日期： 2025年11月20日 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 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01919 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股 ...

Core Viewpoint - China COSCO Shipping Holdings Co., Ltd. announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1: Company Actions - The company plans to repurchase 3 million shares at a total cost of HKD 41.3389 million [1] - The buyback price per share is set between HKD 13.66 and HKD 13.93 [1]

中远海控（601919）(01919)发布公告，该公司于2025年11月20日斥资4133.89万港元回购300万股股份， 每股回购价格为13.66-13.93港元。 ...

格隆汇11月20日丨中远海控(01919.HK)公告，11月20日耗资4133.9万港元回购300万股。 ...