证券之星消息，1月29日南向资金减持32.6万股新濠国际发展（00200.HK）。近5个交易日中，获南向资金增持的有3天，累计净增持173.4万股。 近20个交易日中，获南向资金增持的有11天，累计净增持53.7万股。截至目前，南向资金持有新濠国际发展（00200.HK）1.45亿股，占公司已发 行普通股的6.38%。 | 交易日 | 持股总数(股) | 持股变动(股) | 变动幅度 | | --- | --- | --- | --- | | 2026-01-29 | 1.45亿 | -32.60万 | -0.22% | | 2026-01-28 | 1.46亿 | -58.40万 | -0.40% | | 2026-01-27 | 1.46亿 | 129.50万 | 0.89% | | 2026-01-26 | 1.45 Z | 72.80万 | 0.50% | | 2026-01-23 | 1.44亿 | 62.10万 | 0.43% | 新濠国际发展有限公司是一家主要从事娱乐场及酒店业务的投资控股公司。该公司通过两个分部运营业务。娱乐场及酒店分部经营娱乐场及提供 酒店服务及设施，包括博彩、住宿、餐饮、娱 ...

Core Viewpoint - ST Dehao (002005.SZ) expects a net profit attributable to shareholders of 22 million to 33 million yuan for 2025, indicating a turnaround from losses, while the net profit after deducting non-recurring gains and losses is projected to be between -142 million and -133 million yuan [1] Group 1: Performance Factors - The company's small home appliance export business revenue is expected to decline by approximately 12% to 16% compared to the same period last year [2] - Despite an increase in sales volume for the LED packaging business, revenue is anticipated to decrease by about 6% to 8% due to reduced overseas backlight orders and intensified industry competition [2] - The impact of ongoing business operations on net profit attributable to shareholders is estimated to be between -68 million and -95 million yuan, reflecting a reduction in losses of approximately 6.2 million to 35 million yuan compared to the previous year, with a year-on-year loss reduction of about 27% to 47% [2] Group 2: Asset Management and Non-Recurring Gains - Following the termination of the LED business, the company will continue to incur depreciation and impairment provisions on unsold related assets, which is expected to negatively impact net profit by approximately -47 million to -65 million yuan [2] - The anticipated impact of non-recurring gains and losses on net profit is estimated to be between 155 million and 175 million yuan, primarily from the disposal of idle assets in Dalian and gains from the gradual settlement of historical debts [2]

Core Viewpoint - The gaming stocks are under pressure, with significant declines observed in major companies such as New World Development, Sands China, Wynn Macau, and MGM China, following the release of Macau's gaming revenue data for December 2025 [1] Group 1: Market Performance - New World Development (00200) fell by 3.31% to HKD 4.09 [1] - Sands China (01928) decreased by 3.16% to HKD 19 [1] - Wynn Macau (01128) dropped by 2.5% to HKD 5.84 [1] - MGM China (02282) declined by 1.84% to HKD 12.28 [1] Group 2: Revenue Insights - Macau's gross gaming revenue for December 2025 was MOP 20.89 billion, representing a year-on-year increase of 14.8% [1] - The total gross gaming revenue for the first 12 months of 2025 reached MOP 247.404 billion, up 9.1% year-on-year [1] - Factors driving the revenue performance included the continued rollout of high-end property projects and increased visitor numbers due to various entertainment activities and promotional plans [1] Group 3: Future Projections - CICC forecasts that total gaming revenue for January 2026 will range from MOP 20.2 billion to MOP 21.7 billion, with daily gaming revenue expected to be between MOP 650 million and MOP 700 million, reflecting a year-on-year growth of 10% to 19% [1] - However, compared to January 2019, the revenue is projected to decline by 13% to 19% [1]

Group 1 - The gaming stocks are under pressure, with New World Development down 3.31% to HKD 4.09, Sands China down 3.16% to HKD 19, Wynn Macau down 2.5% to HKD 5.84, and MGM China down 1.84% to HKD 12.28 [1] - The Macao Gaming Inspection and Coordination Bureau reported that the gross gaming revenue for December 2025 was MOP 20.89 billion, a year-on-year increase of 14.8% [1] - For the first 12 months of 2025, the total gross gaming revenue in Macao reached MOP 247.404 billion, reflecting a year-on-year growth of 9.1% [1] Group 2 - CICC expects the total gaming revenue for January 2026 to be between MOP 20.2 billion and MOP 21.7 billion, with daily gaming revenue projected to be between MOP 650 million and MOP 700 million, representing a year-on-year growth of 10% to 19%, but a decline of 13% to 19% compared to January 2019 [1] - The performance of total gaming revenue in December was driven by factors such as the continued rollout of high-end property projects and various entertainment activities that boosted visitor growth, although low VIP win rates have negatively impacted overall revenue [1]

Group 1 - The Hong Kong gaming stocks are experiencing a downturn, with notable declines in shares such as Melco International Development down nearly 4%, Sands China down 3%, and others like Wynn Macau and Amax Holdings down over 2% [1] - The Macau Gaming Inspection and Coordination Bureau reported that the gross gaming revenue for December 2025 reached 20.89 billion MOP, representing a year-on-year increase of 14.8% [1] - Cumulative gross gaming revenue for the first 12 months of 2025 in Macau was 247.404 billion MOP, reflecting a year-on-year growth of 9.1% [1] Group 2 - Citigroup's research indicated that the December 2025 gaming revenue in Macau was 20.888 billion MOP, averaging approximately 674 million MOP per day, which is a 15% increase year-on-year and about 91% of the levels seen in December 2019 [1] - The reported figures were approximately 5% lower than Citigroup's forecast and about 3% below market expectations [1] - Some institutions noted that while the performance of the Macau gaming industry in Q4 2025 and for the entire year was strong, there has been a profound structural change, leading to a cautious outlook for growth in 2026 [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 新濠國際發展有限公司 呈交日期: 2026年1月6日 I. 法定/註冊股本變動 不適用 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00200 | 說明 | 不適用 | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 2,275,025,632 | | | | 2,275,025,632 | | 增加 / 減少 (-) | | | 0 | | | | | | 本月底結存 | | | 2,275,025,632 | | 0 | | 2,275,025, ...

Group 1 - The core point of the article highlights that southbound funds reduced their holdings in Melco International Development (00200.HK) by 1.159 million shares on January 5 [1] - Over the past five trading days, there were four days of net increases in holdings by southbound funds, totaling a net increase of 0.865 million shares [1] - In the last twenty trading days, there were thirteen days of net increases, with a cumulative net increase of 3.8255 million shares [1] Group 2 - As of now, southbound funds hold 14.5 million shares of Melco International Development, representing 6.37% of the company's total issued ordinary shares [1] - Melco International Development Limited primarily engages in entertainment and hotel businesses through two segments: the entertainment and hotel segment, and the investment segment [1] - The entertainment and hotel segment operates casinos and provides hotel services and facilities, including gaming, accommodation, dining, entertainment performances, shopping, and conference exhibition services [1]

Core Viewpoint - Jiangsu Wuzhong (600200) is set to be delisted on December 31, 2025, due to ongoing legal issues related to false statements made by the company, prompting investors to seek compensation for their losses [1][4]. Group 1: Legal Proceedings - The law firm Shanghai Jiucheng has submitted a claim for investor compensation to the Suzhou Intermediate People's Court, with ongoing efforts to accept additional claims from affected investors [1][4]. - Investors who purchased Jiangsu Wuzhong shares between April 20, 2019, and February 27, 2025, and sold or continued to hold them after February 27, 2025, are eligible to initiate claims [6]. Group 2: Regulatory Violations - Jiangsu Wuzhong has been found guilty of failing to disclose its actual controller accurately, with false records in annual reports from 2018 to 2023 [4][5]. - The company inflated its operating revenue, costs, and profits from 2020 to 2023 through non-substantive trade activities with related companies, resulting in significant discrepancies in reported figures [2][5]. - The inflated operating revenues were reported as follows: 494.26 million yuan (26.46%), 468.51 million yuan (26.39%), 430.75 million yuan (21.26%), and 376.66 million yuan (16.82%) for the respective years [2][5]. - The inflated operating costs were reported as 480.68 million yuan (37.08%), 448.24 million yuan (35.47%), 410.82 million yuan (28.40%), and 355.44 million yuan (20.95%) [2][5]. - The inflated total profits were reported as 14.58 million yuan (2.89%), 20.27 million yuan (51.65%), 19.92 million yuan (26.42%), and 21.22 million yuan (29.81%) [2][5]. - There were also significant omissions regarding the disclosure of non-operating fund usage by related parties in annual reports from 2020 to 2023 [3][6].

Core Viewpoint - The company Jiangsu Wuzhong Pharmaceutical Development Co., Ltd. (stock code: *ST Suwu) is set to be delisted from the Shanghai Stock Exchange, with the delisting process commencing on December 9, 2025, and concluding on December 31, 2025 [1][5]. Group 1: Delisting Process - The company's stock will enter a delisting transition period for 15 trading days, after which it will be officially delisted [1]. - Following the delisting, the company's stock will be transferred to the National Equities Exchange and Quotations (NEEQ) system for trading, managed by a designated securities company [2]. Group 2: Financial Misconduct - The company has been penalized for failing to disclose its actual controller and for falsifying financial reports from 2018 to 2023, including inflated revenue and profits [5]. - Specific financial discrepancies include inflated revenues of 49.53 million, 46.85 million, 43.07 million, and 37.67 million for the years 2020 to 2023, representing 26.46%, 26.39%, 21.26%, and 16.82% of reported revenues respectively [6]. - The company also failed to disclose significant non-operating fund occupations by related parties, with balances reaching 169.26 million by the end of 2023, which constituted 96.09% of the reported net assets [7].

Core Viewpoint - The company Jiangsu Wuzhong Pharmaceutical Development Co., Ltd. (ST Wuzhong) will be delisted from the Shanghai Stock Exchange on December 31, 2025, following a trading period of 15 days after the announcement of its delisting [1][5]. Group 1: Delisting Process - The company's stock will enter a delisting transition period starting December 9, 2025, and will be officially delisted on December 31, 2025 [1]. - After delisting, the company's shares will be transferred to the National Equities Exchange and Quotations (NEEQ) system for trading, managed by a designated broker [2]. Group 2: Financial Misconduct - The company was found to have significant financial discrepancies, including failing to disclose the actual controller and falsifying financial reports from 2018 to 2023 [5]. - The company inflated its operating income and costs, with reported inflated figures of 495.26 million yuan, 468.51 million yuan, 430.75 million yuan, and 376.66 million yuan for the years 2020 to 2023, respectively [6]. - The inflated profits for the same years were reported as 14.58 million yuan, 20.27 million yuan, 19.92 million yuan, and 21.22 million yuan, representing significant percentages of the total reported profits [6]. Group 3: Related Party Transactions - The company engaged in non-commercial trade activities with related parties, leading to significant non-operational fund occupation, which was not disclosed in financial reports from 2020 to 2023 [7]. - The balance of non-operational funds occupied by related parties reached 169.26 million yuan by the end of 2023, constituting 96.09% of the company's net assets [7].