智通财经APP讯，申万宏源(06806)发布公告，公司所属子公司申万宏源证券有限公司于2024年10月22日 发行申万宏源证券有限公司2024年面向专业投资者公开发行短期公司债券(第二期)(品种二)(以下简 称"本期债券")，发行规模人民币10亿元，票面利率2.00%，期限365天，债券代码148956，债券简称24 申证D4。 本期债券兑付日为2025年10月22日，摘牌日为2025年10月22日，申万宏源证券有限公司已按照《申万宏 源证券有限公司2024年面向专业投资者公开发行短期公司债券(第二期)募集说明书》相关约定，完成本 期债券本息兑付并予以摘牌。 ...

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 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司 ） （股份代號：6806） 海外監管公告 本公告乃由申萬宏源集團股份有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規 則第13.10B條作出。 茲載列本公司於深圳證券交易所網站發佈之《申萬宏源集團股份有限公司關於申萬宏源證券有 限公司2024年面向專業投資者公開發行短期公司債券（第二期）（品種二）本息兌付並摘牌的公 告》，僅供參閱。 承董事會命 申萬宏源集團股份有限公司 董事長 劉健 申 万 宏 源 集 团 股 份 有 限 公 司 关于申万宏源证券有限公司 2024 年面向专业投资者公开 发行短期公司债券（第二期）（品种二）本息兑付 并摘牌的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 公司所属子公司申万宏源证券有限公司于 2024 年 10 月 22 日发 行 ...

证券代码：000166 证券简称：申万宏源 公告编号：临2025-90 申 万 宏 源 集 团 股 份 有 限 公 司 关于申万宏源证券有限公司 2024 年面向专业投资者公开 发行短期公司债券（第二期）（品种二）本息兑付 并摘牌的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特此公告。 申万宏源集团股份有限公司董事会 二〇二五年十月二十三日 公司所属子公司申万宏源证券有限公司于 2024 年 10 月 22 日发 行申万宏源证券有限公司 2024 年面向专业投资者公开发行短期公司 债券（第二期）（品种二）（以下简称"本期债券"），发行规模人 民币 10 亿元，票面利率 2.00%，期限 365 天，债券代码 148956，债 券简称 24 申证 D4。（相关情况请详见公司于 2024 年 10 月 25 日在 《中国证券报》《证券时报》《上海证券报》和巨潮资讯网 www.cninfo.com.cn 上刊登的公告） 本期债券兑付日为2025年10月22日，摘牌日为2025年10月22日， 申万宏源证券有限公司已按照《申万宏源证券有限公司2024年面向专 ...

Core Insights - The ETF market in China is experiencing significant growth, with a total market value of 56,258.27 billion yuan as of September 2025, reflecting a 7.65% increase from the previous period [3][4] - Major brokerage firms are showing strong competition in the ETF space, with a "duopoly" emerging between China Galaxy Securities and Shenwan Hongyuan Securities, which together hold 39.49% of the market share in the Shanghai market [3][4] Market Overview - As of September 2025, the Shanghai Stock Exchange has 935 fund products, of which 760 are ETFs, while the Shenzhen Stock Exchange has 841 fund products with 555 ETFs [3] - The total market value of ETFs in the Shanghai market is 40,003.11 billion yuan, and in the Shenzhen market, it is 16,255.16 billion yuan, with a total share of 9,648.33 billion units [3] Brokerage Performance - In terms of ETF holdings, China Galaxy Securities leads the Shanghai market with a 22.75% market share, followed by Shenwan Hongyuan Securities at 16.74% [4] - Guotai Junan Securities has seen a significant increase in its market share to 8.04%, surpassing CITIC Securities, which holds 6.87% [4] Trading Activity - In September, CITIC Securities topped the Shanghai market in ETF trading volume with an 11.24% share, while Huatai Securities followed closely with 11.09% [5][6] - Year-to-date, Huatai Securities maintains the highest cumulative trading volume at 11.01% [6] Client Engagement - In September, Huatai Securities led in the number of trading accounts for ETFs in the Shanghai market with a 10.29% share, followed by Dongfang Caifu Securities at 9.94% [10] - The active participation of non-traditional brokerage firms, such as Hongyu Information Services, highlights the growing interest in ETF trading among investors [7] Market Infrastructure - The number of market makers providing liquidity for ETFs has increased, with 21 primary market makers and 12 general market makers servicing 812 fund products as of September [11]

Market Overview - On October 23, the securities sector rose by 1.06%, with Haotou Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Individual Stock Performance - Haotou Co., Ltd. (600864) closed at 8.03, up 6.22% with a trading volume of 1.66 million shares and a transaction value of 1.299 billion [1] - Other notable performers included: - Tuxin Securities (002736) at 14.19, up 4.11% [1] - Guosheng Financial Holdings (002670) at 21.71, up 2.99% [1] - Huaxin Co., Ltd. (600621) at 16.61, up 2.40% [1] Capital Flow Analysis - The securities sector saw a net inflow of 358 million in institutional funds, while retail investors experienced a net outflow of 618 million [2] - Major stocks with significant capital inflows included: - Dongfang Fortune (300059) with a net inflow of 325 million [3] - Haotou Co., Ltd. (600864) with a net inflow of 16.6 million [3] - CITIC Securities (600030) with a net inflow of 13.8 million [3] Summary of Trading Data - The trading data for various securities showed mixed results, with some stocks experiencing gains while others faced declines [2][3] - The overall trading environment indicates a cautious sentiment among retail investors, contrasting with institutional buying activity [2][3]

Core Points - The Xinjiang Securities Regulatory Bureau issued a warning letter to the only brokerage based in Xinjiang, Shenwan Hongyuan West Securities Co., Ltd., due to multiple violations at its Wujiaqu Zhengxing Street Securities Office [2][3] - The office's manager, Wei Ze, was also held accountable for the violations [2] Summary by Category Violations Identified - Three main violations were identified at the Wujiaqu Zhengxing Street Securities Office: 1. Engaging bank staff for client solicitation, which disrupts market competition and risks client information leakage [5] 2. The former manager violated internal management rules by hiring interns and charging expenses, leading to potential management chaos and conflicts of interest [5] 3. Circumventing internal regulations by using employee names to register clients and obtain performance commissions, severely disrupting the company's performance assessment system and market fairness [5] Accountability - Wei Ze, the office manager, was found to have directly violated regulations by hiring interns and charging expenses, as well as using employee names for client registration to gain commissions, and he bears leadership responsibility for the overall violations [5] Compliance Issues - Shenwan Hongyuan West Securities has faced frequent compliance issues in recent years, including penalties for improper sales task assignments and failure to monitor employee compliance [5] - The company received a "money laundering" fine in July 2025, indicating a pressing need to improve its compliance management system [5] Regulatory Actions - The Xinjiang Securities Regulatory Bureau has mandated the Wujiaqu Zhengxing Street Securities Office to complete rectifications within 30 days and submit a written report [6] - Shenwan Hongyuan West Securities is required to reflect deeply on its internal management and enhance its compliance system to avoid more severe regulatory measures that could impact its reputation and market competitiveness [6]

Core Insights - On October 22, Shenwan Hongyuan's stock price remained unchanged at 0.00%, with a trading volume of 322 million yuan [1] - The company reported a net financing outflow of 15.83 million yuan on the same day, with total financing and securities lending balance reaching 2.918 billion yuan [1][2] - For the first half of 2025, Shenwan Hongyuan achieved a net profit of 4.284 billion yuan, marking a year-on-year increase of 101.32% [2] Financing and Trading Activity - On October 22, the financing buy amount was 29.6273 million yuan, while the financing repayment was 45.4599 million yuan, resulting in a net financing buy of -15.8326 million yuan [1] - The current financing balance of 2.916 billion yuan accounts for 2.41% of the circulating market value, which is above the 80th percentile of the past year [1] - The securities lending activity included a repayment of 13,800 shares and a sale of 27,000 shares, with a total selling amount of 145,000 yuan [1] Company Overview - Shenwan Hongyuan Group Co., Ltd. was established on September 16, 1996, and listed on January 26, 2015, with its main business activities including financial investment and equity investment [2] - The revenue composition includes institutional services and trading (43.86%), personal finance (35.58%), and corporate finance (15.31%), with investment banking contributing 7.58% [2] - As of June 30, 2025, the number of shareholders was 227,300, a decrease of 3.16% from the previous period [2] Dividend and Shareholding - Since its A-share listing, Shenwan Hongyuan has distributed a total of 17.23 billion yuan in dividends, with 3.731 billion yuan distributed over the past three years [3] - As of June 30, 2025, Hong Kong Central Clearing Limited was the eighth largest circulating shareholder, holding 388 million shares, a decrease of 15.6318 million shares from the previous period [3]

招商证券 公告称，"25中铁十一MTN003( 科创债 )"申购结束前一小时内出现投资人撤标， 申万宏源 证 券撤标规模4000万元，申购价位2.39%，撤标时间17:58:38。 ...

Core Viewpoint - Shenwan Hongyuan (000166)(06806) announced the issuance of subordinated bonds aimed at professional investors, with a total scale of 1.6 billion yuan for the initial issuance and 2.9 billion yuan for the follow-up issuance [1] Group 1: Bond Issuance Details - The initial issuance of subordinated bonds by Shenwan Hongyuan Securities Co., Ltd. was completed on December 8, 2023, with a scale of 1.6 billion yuan [1] - The follow-up issuance of the subordinated bonds, maintaining the same terms as the initial issuance, concluded on October 16, 2025, with a total scale of 2.9 billion yuan and an issuance price of 106.194 yuan [1] - The follow-up bonds are scheduled to be listed on the Shenzhen Stock Exchange starting October 21, 2025, and will be traded among institutional investors [1]

本期续发行债券的发行工作已于2025年10月16日结束，发行规模为人民币29亿元，发行价格为106.194 元。经深圳证券交易所审核，本期续发行债券定于2025年10月21日起在深圳证券交易所上市，面向专业 投资者中的机构投资者交易，全称为"申万宏源证券有限公司2023年面向专业投资者公开发行次级债券 (第三期)"，债券简称为"23申证C4"，债券代码为"148540"，保持不变 格隆汇10月22日丨申万宏源(06806.HK)公告，公司所属申万宏源证券有限公司2023年面向专业投资者公 开发行次级债券(第三期)(以下简称"存量债券")于2023年12月8日完成发行，存量债券规模为16亿元。申 万宏源证券有限公司2023年面向专业投资者公开发行次级债券(第三期)(续发行)(以下简称"本期续发行 债券")为前述存量债券的续发行，债券全称、债券简称、债券期限、票面利率与存量债券保持不变。 ...