人民财讯8月1日电，香港交易所今天宣布，委任晨壹基金管理合伙人及阿里巴巴集团前董事会主席张勇 为香港交易所旗下中国业务咨询委员会的最新成员。张勇加入后，委员会成员将增至9名。 ...

智通财经7月30日电，香港交易所信息显示，摩根大通在微盟集团的持股比例于07月24日从4.81%升至 5.33%，平均股价为2.0488港元。 ...

智通财经7月30日电，香港交易所信息显示，贝莱德在理想汽车-W的持股比例于07月24日从5.06%降至 4.94%。 ...

Group 1: Stablecoin Regulation in Hong Kong - The Hong Kong Monetary Authority (HKMA) has released guidelines for stablecoin issuers, which will be implemented starting August 1, 2025 [1] - Institutions interested in applying for a license are encouraged to contact the HKMA by August 31, 2025, with applications due by September 30, 2025 [1] - Analysts predict that major tech companies like Ant Group and JD.com may be among the first to receive licenses due to their blockchain expertise and application scenarios [1][1] Group 2: Market Performance and Trends - The Hong Kong Stock Exchange reported an average daily turnover of HKD 240.2 billion in the first half of 2025, a significant increase of 118% year-on-year [5] - The increase in trading volume is attributed to the expansion of the ETF mutual market and the continuous launch of new ETF products [5] - In the first half of 2025, the average occupancy rate of hotels in Macau rose by 5.1 percentage points to 89.1% [6] Group 3: Corporate Developments - Lixin Development is seeking to sell a 50% stake in the China Construction Bank Tower in Hong Kong [8] - Ruihe Smart plans to jointly develop a virtual cryptocurrency trading platform with an independent third-party institution [9] - China Merchants Energy plans to order 10 bulk carriers, with a total contract value of approximately RMB 3.168 billion and RMB 2.112 billion for different shipbuilding contracts [10]

Group 1 - The average daily trading volume in the Hong Kong market for the first half of 2025 reached HKD 240.2 billion, a significant increase of 118% compared to HKD 110.4 billion in the same period last year [1] - As of June 30, 2025, the market capitalization of the Hong Kong market was HKD 42.7 trillion, reflecting a growth of 33% from HKD 32.1 trillion year-on-year [1] Group 2 - The average daily trading volume of Exchange-Traded Funds (ETFs) surged to HKD 33.8 billion in the first half of 2025, up 184% from HKD 11.9 billion in the same period last year, driven by the expansion of the ETF Connect program and the continuous listing of new ETF products [3] - The average daily trading volume of Hong Kong Stock Connect under the Shanghai and Shenzhen Stock Connect mechanisms reached HKD 110.96 billion, marking a 195% increase year-on-year [4] Group 3 - The daily trading volume of Renminbi currency futures rose to 115,200 contracts in the first half of 2025, representing a year-on-year growth of 43%, indicating the increasing role of Renminbi-denominated instruments in the active Renminbi product ecosystem [4] - The average daily trading volume of futures and options in the Hong Kong derivatives market increased to 1.7 million contracts, reflecting an 11% year-on-year growth [5] - The Hong Kong Stock Exchange stated that the first half of 2025 marked a breakthrough period for the capital market, with strong trading volumes in the securities market and a growing derivatives market, showcasing the resilience and innovative momentum of Hong Kong's secondary market [5]

Core Insights - The Hong Kong market's market capitalization reached HKD 42.7 trillion by the end of June 2025, representing a 33% increase from HKD 32.1 trillion in the same period last year [1] Group 1: Market Performance - The first half of 2025 is characterized as a breakthrough period for the Hong Kong capital market [1] - Strong trading volumes in the securities market, along with a growing derivatives market, demonstrate the resilience and innovative momentum of Hong Kong's secondary market [1] Group 2: Investment Opportunities - The Hong Kong market continues to attract international capital and provides investors with a diverse range of investment tools [1]

香港交易所发布香港市场2025年上半年亮点数据回顾。数据显示，联交所2025年上半年平均每日成交金 额2402亿港元（涵盖香港交易所历年十大成交交易日半数），较去年同期的1104亿港元增长118%。 2025年6月底，香港市场的市值为42.7万亿港元，较去年同期的32.1万亿港元增长33%。 ...

Group 1 - Goldman Sachs raised the earnings per share forecast for Hong Kong Exchanges and Clearing (HKEX) for 2025, 2026, and 2027 by approximately 4% based on better-than-expected average daily trading volume [1] - The target price for HKEX was increased by 11%, from HKD 450 to HKD 500, corresponding to a price-to-earnings ratio of 40 times for 2026 [1] - Despite the upward revision of earnings estimates, HKEX's stock price remains about 20% lower than its peak in 2021, even as average daily trading volume in cash equities has reached a historical high of over HKD 200 billion [1] Group 2 - The number of IPO applications is nearing the peak levels of 2021, but the pace of new listings is still in the mid-cycle [2] - Key market activity indicators, such as turnover rate and the ratio of small to large-cap stock trading, are above the historical 90th percentile, yet the market's valuation relative to GDP is at historical average levels [1][2] - The average year-on-year growth in earnings per share for HKEX is projected to reach 42% from Q4 2024 to Q1 2025, with a 29% growth expected in Q2 2025, which is 3 to 4 times the normal growth rate [2]

智通财经7月28日电，香港交易所信息显示，贝莱德对东风汽车集团H股持股比例从4.83%增至6.59%。 ...

智通财经7月28日电，香港交易所显示，腾讯在粉笔有限公司的持股比例降至4.9%。 ...