转自：新华财经 编辑：胡晨曦 新华财经香港1月27日电（记者林迎楠）香港交易及结算所有限公司27日宣布与巴西证券交易所签署合 作备忘录，双方将携手推动香港与巴西的碳市场发展、开拓大宗商品机遇，并建立定期沟通渠道，加强 双方合作。 巴西证券交易所国际业务发展部（亚洲及大洋洲）总监Sérgio Gullo指出，与香港交易所合作不仅巩固 了巴西证券交易所作为推动可持续经济转型方面的影响力，也为巴西市场在国际舞台上开辟了新机遇。 扩大其国际业务布局能够加强巴西在全球可持续金融市场中的影响力，并协助企业投资各类ESG产品。 香港交易所表示，通过加强与巴西证券交易所的合作及持续推进可持续金融举措，进一步巩固其作为市 场联系人的地位，促进跨境创新和协作，以构建更具韧性和包容性的金融生态圈。 根据合作备忘录，香港交易所与巴西证券交易所两家交易所还会探讨旗下市场证券相互挂牌的可能性， 同时寻找亚洲及南美洲碳产品和ESG产品的新机遇。 香港交易所首席可持续发展总监周冠英表示，此次合作进一步拓展了核心气候（Core Climate）在碳市 场上的发展，充分展现香港交易所持续推动全球各地可持续金融发展的承诺。他说，"我们期待与巴西 ...

Group 1 - The core point of the article is that Beijing Xingchen Tianhe Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with Huatai International acting as the sole sponsor [1] Group 2 - The listing application is aimed at the main board of the Hong Kong Stock Exchange [1] - The involvement of Huatai International as the sole sponsor indicates a significant backing for the company's public offering [1]

Core Insights - The Hong Kong Stock Exchange's derivatives market achieved record performance in 2025, with an average daily trading volume of 1.66 million contracts, representing a year-on-year increase of 7% [1] - Stock options emerged as the most actively traded product, with an average daily trading volume of 879,831 contracts, reflecting a year-on-year growth of 22% [1] - In response to this positive trend, the Hong Kong Stock Exchange recently launched six new categories of stock options, providing investors with a wider range of choices [1] Summary by Category - **Market Performance** - The average daily trading volume reached 1.66 million contracts, marking a 7% increase compared to the previous year [1] - Stock options accounted for a significant portion of this volume, with 879,831 contracts traded daily, up 22% year-on-year [1] - **Product Offerings** - The Hong Kong Stock Exchange introduced six new categories of stock options to enhance investment choices for market participants [1] - **Understanding Stock Options** - Stock options are financial contracts traded on exchanges, based on individual stocks, and are divided into call options and put options [3] - Call option buyers have the right to purchase the underlying stock at a predetermined price before or on the expiration date, while sellers are obligated to sell the stock if the option is exercised [3] - Put option buyers have the right to sell the underlying stock at a predetermined price before or on the expiration date, while sellers are obligated to buy the stock if the option is exercised [3]

Group 1 - The company, Skyworth Group, has applied to the Hong Kong Stock Exchange for the listing and trading of Skyworth Photovoltaic shares [1]

增持后，BlackRock, Inc.最新持好仓数目为6516.113万股，持好仓比例由4.99%上升至5.14%。 | 股份代號: | 00388 | | --- | --- | | 上市法國名稱: | 香港交易及結算所有限公司 | | 日期 (日 / 月 / 年): | 19/12/2025 - 19/01/2026 | 格隆汇1月19日丨根据联交所最新权益披露资料显示，2026年1月12日，香港交易所(00388.HK)获BlackRock, Inc.在场内以每股均价425.9778港元增持好仓 188.69万股，涉资约8.04亿港元。 | 豪格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | 持有權益的股份數目 佔已發行的 有關事件的日期休 | | | --- | --- | --- | --- | --- | --- | --- | | | 股份數目 | 原因 | | | (請參閱上述*註 | 有投票權股 (日 / 月 / 年) 福 | | | | | | | | 份自分比 | | | | | | | | 9/a | | CS20260115E ...

Investment Rating - The report maintains a "Buy" rating for the company [7] Core Views - As of January 12, 2026, the company's PE ratio is 31.42x, positioned at the 24th percentile historically since 2016, indicating a certain level of investment value. It is expected that the continuous enhancement of the mutual market access policy will elevate liquidity in the Hong Kong capital market, leading to increased market activity and valuation. The company is projected to achieve revenues and other income of HKD 30.1 billion, HKD 32.7 billion, and HKD 35.1 billion for 2025, 2026, and 2027 respectively, with net profits attributable to shareholders of HKD 17.4 billion, HKD 19.2 billion, and HKD 20.8 billion, corresponding to PE valuations of 31.5x, 28.6x, and 26.3x respectively [2][50] Summary by Relevant Sections Market Environment - The Hong Kong stock market continued its upward trend in December, supported by domestic policy drivers and expectations of interest rate cuts from the Federal Reserve. The Hang Seng Index and Hang Seng Tech Index increased by 27.8% and 23.5% respectively compared to the end of 2024. The total market capitalization of listed securities on the Hong Kong Stock Exchange reached HKD 47.39 trillion, with a year-on-year increase of 34.2% [10][15] Trading Volume - The average daily trading (ADT) for the Hong Kong stock market in December was HKD 186 billion, reflecting a month-on-month decrease of 19.4% but a year-on-year increase of 31.0%. Northbound trading ADT was HKD 229.7 billion, down 5.5% month-on-month but up 11.6% year-on-year. Southbound trading ADT was HKD 83.6 billion, down 14.6% month-on-month but up 26.5% year-on-year [15][19] Derivatives Market - In December, the trading volume of futures and options decreased month-on-month. The average daily volume (ADV) for futures was 517,000 contracts, down 18.8% month-on-month and 12.6% year-on-year. The ADV for options was 823,000 contracts, down 18.9% month-on-month but up 13.5% year-on-year [19] Primary Market - The IPO scale in the Hong Kong market saw a significant year-on-year increase in December, with 26 new stocks listed, raising a total of HKD 25.7 billion, which is a 189% increase year-on-year but a 39% decrease month-on-month. The total number of new listings for 2025 was 117, with a cumulative scale of HKD 286 billion, representing a 224% year-on-year increase [29][30] Investment Income - As of the end of December, the relevant interest rates for investment income showed a general decline. The 6-month HIBOR was 2.99%, down 0.23 percentage points month-on-month and down 1.21 percentage points year-on-year [39] Macroeconomic Environment - The domestic economic outlook improved, with the manufacturing PMI for December at 50.10, indicating growth. The overseas liquidity is expected to enhance further due to a cooling job market and anticipated interest rate cuts by the Federal Reserve [43][45]

客户端 香港联交所最新资料显示，1月12日，贝莱德增持香港交易所（00388）188.6872万股，每股作价 425.9778港元，总金额约为8.04亿港元。增持后最新持股数目约为6516.11万股，最新持股比例为 5.14%。 责任编辑：卢昱君 香港联交所最新资料显示，1月12日，贝莱德增持香港交易所（00388）188.6872万股，每股作价 425.9778港元，总金额约为8.04亿港元。增持后最新持股数目约为6516.11万股，最新持股比例为 5.14%。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 ...

香港联交所最新资料显示，1月12日，贝莱德增持香港交易所(00388)188.6872万股，每股作价425.9778 港元，总金额约为8.04亿港元。增持后最新持股数目约为6516.11万股，最新持股比例为5.14%。 ...

智通财经APP获悉，香港联交所最新资料显示，1月12日，贝莱德增持香港交易所(00388)188.6872万 股，每股作价425.9778港元，总金额约为8.04亿港元。增持后最新持股数目约为6516.11万股，最新持股 比例为5.14%。 ...

该行料第四季净投资收益将同比及按季跌29%及16%，至8.56亿港元，主要受减息周期下港元拆息走弱 所拖累。至于营运开支，虽然预期将按季升6%，但同比则跌2%，反映成本控制持续见效。同期存管、 托管及代理人服务费受强劲的电子化IPO活动所支持。 关键词： 财经频道 财经资讯 【资料图】 智通财经APP获悉，瑞银发布研报称，预期港交所(00388)2025年第四季税后净利润及收入将分别同比升 4%及6%，至39亿及68亿港元，但按季跌20%及13%，主要因成交活动疲弱、净投资收益减少，及营运 开支上升。展望2026及27年，该行将每日成交量预测由2,220亿港元及2,400亿港元，上调至2,360亿元及 2,500亿港元，每股盈利预测亦分别上调8%及4%; 目标价471港元，予"中性"评级。 ...