债券代码：524303 债券简称：25 广发 D7 广发证券股份有限公司 一、本期债券基本情况 1、债券名称：广发证券股份有限公司 2025 年面向专业投资者公开发行短期 公司债券（第五期） 2、债券简称及代码：本期债券简称为"25 广发 D7"，债券代码为"524303"。 3、债券发行批准机关及文号：中国证券监督管理委员会证监许可〔2025〕 818 号文。 本公司及董事会全体成员保证公告的内容真实、准确、完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示： 广发证券股份有限公司 2025 年面向专业投资者公开发行短期公司债券（第 五期）（债券简称："25 广发 D7"，债券代码：524303，以下简称"本期债券"） 将于 2026 年 1 月 9 日支付 2025 年 6 月 12 日至 2026 年 1 月 8 日期间的利息及 本期债券的本金。为确保本次兑付兑息工作的顺利进行，现将有关事宜公告如下： 4、发行期限、规模和利率：本期债券发行期限为 211 天，发行规模为 50 亿 元，票面利率为 1.64%。 5、起息日：本期债券的起息日为 2025 年 6 月 12 日。 6、付息日：本期债券的 ...

Core Viewpoint - Zhiou Technology (301376.SZ) experienced a stock price decline of 2.28%, closing at 18.01 yuan on January 7, 2023 [1] Group 1: Company Overview - Zhiou Technology was listed on the Shenzhen Stock Exchange's ChiNext board on June 21, 2023, with an initial public offering (IPO) of 40.15 million shares at a price of 24.66 yuan per share [1] - The total amount raised from the IPO was 990.099 million yuan, with a net amount of 892.0804 million yuan after expenses [1] - The actual net fundraising amount was 593.6851 million yuan less than the originally planned amount [1] Group 2: Fund Utilization - The company initially intended to raise 1.4857655 billion yuan for projects including the construction of a research and design center, expansion of the warehousing and logistics system, establishment of an operational management center in Zhengzhou, and to supplement working capital [1] - The total issuance costs for the IPO amounted to 98.0186 million yuan (excluding VAT), with underwriting fees accounting for 65.6535 million yuan [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002945 | 华林证券 | 18.80 | 5.38% | 155.56万 | | 29.94亿 | | 600621 | 华鑫股份 | 16.00 | 0.76% | 37.61万 | | 6.07亿 | | 000712 | 锦龙股份 | 12.60 | -0.08% | 29.22万 | | 3.72亿 | | 600918 | 中泰证券 | 6.73 | -0.30% | 41.13万 | | 2.76亿 | | 601211 | 圖泰海道 | 22.22 | -0.31% | 130.47万 | | 28.92亿 | | 601990 | 南京证券 | 8.14 | -0.73% | 27.13万 | | 2.21亿 | | 601136 | 首创证券 | 19.32 | -0.77% | 16.60万 | | 3.21亿 | | 600109 | 国金证券 | 9.62 | -0.82% | 43.77万 | | 4 ...

(责任编辑：徐自立) 中国经济网北京1月7日讯 广发证券(000776.SZ)今日股价下跌，截至收盘报23.16元，跌幅 2.61%。今日，证券板块跌1.17%，广发证券为该板块跌幅最大的上市公司。 ...

Group 1 - The core announcement from GF Securities is the plan to raise a total of HKD 61 billion through a share placement at HKD 18.15 per share and the issuance of convertible bonds [1][2] - The share placement involves selling 219 million shares to at least six independent professional institutions, expected to raise approximately HKD 39.75 billion, while the convertible bonds are projected to raise HKD 21.5 billion with a conversion price of HKD 19.82 [1][2] - Following the announcement, GF Securities' H-shares experienced a decline of over 5%, dropping below HKD 19, while A-shares fell by 2.61% to close at CNY 23.16 [1] Group 2 - Market sentiment in both A-share and H-share markets is currently positive, and the capital replenishment by domestic brokerages aligns with industry practices, although the dilution of existing shareholders' equity is a concern [1][2] - Analysts suggest that the performance of brokerage stocks will ultimately depend on the fundamentals of the domestic market, with recent high trading volumes and margin financing balances indicating improving profit expectations for the sector [1][2] - Historical context shows that GF Securities was listed on the Hong Kong Stock Exchange in April 2015 at an IPO price of HKD 18.85, raising approximately HKD 28 billion, and has consistently paid annual cash dividends ranging from CNY 0.35 to CNY 0.8 per share [2]

Group 1 - The company, GF Securities, announced a placement of 219 million new H-shares at a price of HKD 18.15 per share, expecting to raise a net amount of approximately HKD 39.59 billion [1] - The company will also issue zero-coupon convertible bonds with a total principal amount of HKD 21.5 billion, with an initial conversion price of HKD 19.82 per H-share, which could convert into approximately 108 million H-shares if fully converted [1] - The proceeds from both the share placement and the convertible bond issuance will be used entirely to increase capital for overseas subsidiaries to support international business development [1] Group 2 - Both transactions are subject to certain conditions, including obtaining approval from the Hong Kong Stock Exchange for listing and completing the filing with the China Securities Regulatory Commission [1]

Market Overview - A-shares main indices closed higher, with the Shanghai Composite Index up 0.05% at 4085 points, marking a 14-day consecutive rise [1] - The Shenzhen Component Index rose 0.06%, and the ChiNext Index increased by 0.31% [1] - The trading volume in the Shanghai and Shenzhen markets reached 2.85 trillion yuan, an increase of 476 billion yuan compared to the previous trading day, with trading volume exceeding 2.8 trillion yuan for two consecutive days [1] Sector Performance Semiconductor Sector - The storage chip prices continued to rise, leading to a surge in the storage chip sector, with companies like Nanda Optoelectronics, Chipone Microelectronics, and Hengkang New Materials hitting the daily limit of 20% [2][4] - The semiconductor sector showed strength, with stocks like Purun Co., Ltd. and Naxin Microelectronics experiencing significant gains [7] - A report indicated that major chip manufacturers Samsung and SK Hynix are expected to raise DRAM prices by 60% to 70% in Q1 2024 [6] Rare Earth Permanent Magnet Sector - The rare earth permanent magnet concept saw a rise, with Fangbang Co. increasing over 12% [9] - Other companies in this sector, such as Yujing Co. and Jiuling Technology, also experienced gains [9] Tourism and Hospitality Sector - The tourism and hotel sector strengthened, with Sanxia Tourism hitting the daily limit [11] - Other companies like Shoulu Hotel and Jinjia Hotel also saw increases [11] Electric Equipment Sector - The electric equipment sector was active, with companies like Sanbian Technology and China West Electric hitting the daily limit [14] - A report indicated that the global solid-state transformer market is expected to grow at a compound annual growth rate of 25% to 35% over the next 5 to 10 years [14] Brain-Computer Interface Sector - The brain-computer interface sector experienced a pullback, with companies like Chengyitong and Aipeng Medical dropping over 11% [16] - Several companies in this sector issued cooling announcements regarding their business activities [16] Securities Sector - The securities sector declined, with companies like GF Securities and Northeast Securities falling over 2% [18] - Other firms such as Dongfang Fortune and CITIC Securities also reported declines [18] Investment Outlook - The market is expected to maintain a slight upward trend, supported by the attractiveness of RMB assets and positive changes in corporate earnings structures [22] - The domestic monetary policy is anticipated to continue a stance of "moderate easing," with expectations of a prolonged easing cycle from the Federal Reserve in 2026 [22] - Investors are advised to focus on sectors such as securities, insurance, non-ferrous metals, and semiconductors for potential investment opportunities [22]

Core Viewpoint - The EDA industry is an essential part of the semiconductor supply chain, characterized by high barriers to entry and a robust business model, driven by continuous technological advancements and increasing complexity in chip design [1] Industry Overview - The global EDA market has grown from less than $10 billion in 2018 to over $15 billion currently, while the domestic market in China has increased from approximately 5 billion yuan in 2016 to nearly 20 billion yuan by 2025, significantly outpacing global growth [1] - The three main drivers of industry growth are the increasing complexity of chips, advancements in process technology, and the expansion of the custom ASIC market [1] Business Model and Dynamics - The EDA business model primarily relies on licensing, resulting in strong customer loyalty and high switching costs, which contribute to stable profitability and resilience against economic cycles [1] - Domestic EDA companies are focusing on point tool breakthroughs and are accelerating their evolution towards platform integration through mergers and acquisitions, indicating a potential reshaping of the industry landscape [1] Investment Vehicle - The Chip ETF (512760) tracks the China Semiconductor Index (990001), which focuses on the semiconductor industry within the A-share market, covering all segments from materials and equipment design to manufacturing, packaging, and testing [1]

Group 1 - Hong Kong brokerage stocks experienced a decline in the afternoon session, with Guotai Junan International falling over 5% [1] - Other notable declines included GF Securities and Huatai Securities, both dropping over 4% [1] - Additional firms such as China Merchants Securities, Xinguang International, and Zhongzhou Securities also saw their stock prices decrease [1]

广发证券(01776)跌超5%，截至发稿，跌5.05%，报18.81港元，成交额4.27亿港元。 公司同时公布，发行本金总额21.5亿港元零息可转换债券，到期日为2027年1月12日，转换价每股H股 19.82港元。若悉数转换，债券将转换为约1.08亿股H股，占扩大后发行股份约1.41%。所得款项净额约 21.54亿港元，同样用于境外附属公司增资及国际业务拓展。 消息面上，广发证券公布，拟向不少于六名承配人发行2.19亿股新股，占公司扩大后已发行H股 11.4%，及占公司扩大后已发行股份约2.8%。每股配售价为18.15港元，较上一交易日收市价19.81港元 折让约8.38%，预计募集所得款项净额约39.59亿港元，将主要用于向境外附属公司增资，以支持该行国 际业务发展。 智通财经APP获悉，广发证券(01776)跌超5%，截至发稿，跌5.05%，报18.81港元，成交额4.27亿港元。 ...