Core Viewpoint - The equity change announced by ST Dehao (002005.SZ) is due to the expiration of the "Joint Action Agreement" signed by several shareholders, which will not affect the company's control or governance structure [1] Group 1: Equity Change Details - The equity change involves shareholders including Anhui Dehao Runda Electric Co., Ltd., Bengbu Xinrui Project Management Co., Ltd., Wang Sheng, Beijing Fengyan Private Fund Management Co., Ltd., Beijing Lingrui Investment Management Co., Ltd., and Beijing Lingrui Yixin Asset Management Co., Ltd. [1] - The expiration of the agreement on June 21, 2024, does not involve changes in the number or proportion of shares held by these shareholders [1] Group 2: Impact on Company Structure - The equity change will not lead to a change in the company's control [1] - There are no arrangements to circumvent reduction restrictions or other regulatory requirements [1] - The company's operational development and governance structure will not be adversely affected, and there is no change in the situation of having no controlling shareholder or actual controller [1]

Group 1 - The core point of the news is that Southbound funds have increased their holdings in Melco International Development (00200.HK) by 1.57 million shares on December 17, 2025, marking a net increase of 2.67 million shares over the past five trading days and 6.57 million shares over the last 20 trading days [1][2] - As of now, Southbound funds hold 14.5 million shares of Melco International Development, which accounts for 6.35% of the company's total issued ordinary shares [1][2] - The company primarily engages in entertainment and hotel operations, providing services such as gaming, accommodation, dining, entertainment performances, shopping, and conference exhibitions through its integrated resort business [2]

Group 1 - The core viewpoint of the article highlights that southbound funds have increased their holdings in Melco International Development (00200.HK) by 488,000 shares on December 11, indicating a positive trend in investor interest [1] - Over the past five trading days, there have been four days of net increases in holdings by southbound funds, totaling 1.5715 million shares [1] - In the last twenty trading days, there were twelve days of net increases, amounting to 6.786 million shares [1] Group 2 - As of now, southbound funds hold 14.3 million shares of Melco International Development, which represents 6.26% of the company's total issued ordinary shares [1] - Melco International Development Limited primarily engages in entertainment and hotel operations through two segments: the entertainment and hotel segment, and the investment segment [1] - The entertainment and hotel segment operates integrated resort businesses, including gaming, accommodation, dining, entertainment performances, shopping, and conference exhibitions [1]

Core Viewpoint - The news highlights the significant financial misconduct of Jiangsu Wuzhong (ST Suwu), leading to its delisting from the Shanghai Stock Exchange due to serious violations of disclosure regulations and financial fraud [4][6]. Group 1: Company Misconduct - Jiangsu Wuzhong has been found to have failed to disclose its actual controlling shareholder for several years, leading to a lack of transparency [6]. - The company engaged in financial fraud from 2020 to 2023, inflating its revenue by a total of 1.771 billion yuan and profits by 75.9975 million yuan through non-commercial trade activities with related parties [6]. - As of the end of 2023, the non-operating funds occupied by related parties amounted to 1.693 billion yuan, representing 96.09% of the disclosed net assets [6]. Group 2: Regulatory Actions - The China Securities Regulatory Commission (CSRC) issued an administrative penalty decision against Jiangsu Wuzhong and its executives, imposing a total fine of 30.5 million yuan [8]. - Key executives, including Qian Qunshan, who held multiple leadership roles, were found primarily responsible for the financial misconduct and will face a 10-year ban from the securities market [8]. - The CSRC rejected Jiangsu Wuzhong's defense regarding the nature of its trade activities, affirming that the transactions lacked commercial substance and were designed to obscure the misuse of funds [8].

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11月30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: 2025年12月4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 ...

Core Viewpoint - Jiangsu Wuzhong's stock will be delisted due to serious violations including financial fraud and failure to disclose the actual controlling shareholder [1][3] Group 1: Regulatory Actions - The China Securities Regulatory Commission (CSRC) has issued an administrative penalty decision against Jiangsu Wuzhong, citing continuous financial fraud over four years from 2020 to 2023 [2][3] - Jiangsu Wuzhong has been found to have inflated its operating income by a total of 1.771 billion yuan and its total profit by 75.9975 million yuan during this period [3] - The company is also accused of providing non-operating funds to related parties, with a balance of 1.693 billion yuan by the end of 2023, accounting for 96.09% of the disclosed net assets [3][4] Group 2: Management Accountability - Key individuals, including Qian Qunshan, who held multiple executive roles, have been penalized for their involvement in the financial misconduct [3][4] - The CSRC has determined that Qian Qunshan is primarily responsible for the financial fraud, including concealing the actual controlling shareholder's identity and orchestrating non-commercial trade activities [3][4] Group 3: Delisting Process - Jiangsu Wuzhong's stock will enter a delisting preparation period starting December 9, with a trading duration of 15 days, and the expected last trading day is December 29 [5] - The stock will be traded on the risk warning board during this period, with the first trading day having no price limit, followed by a daily limit of 10% [5] - Prior to the announcement of the suspension, Jiangsu Wuzhong's stock experienced a five-day consecutive limit-up, with a total increase of 27.84%, despite warnings of potential delisting [5]

Core Viewpoint - Southbound funds have increased their holdings in Melco International Development (00200.HK), indicating growing investor interest in the company [1] Group 1: Shareholding Changes - On December 1, southbound funds increased their holdings by 1.224 million shares, representing a 0.87% change [2] - Over the past five trading days, there have been four days of net increases, totaling 4.705 million shares [1][2] - In the last twenty trading days, there were eleven days of net increases, amounting to 6.5975 million shares [1] Group 2: Current Holdings - As of now, southbound funds hold 141 million shares of Melco International Development, which accounts for 6.2% of the company's total issued ordinary shares [1] Group 3: Company Overview - Melco International Development Limited primarily engages in the entertainment and hotel business, operating through two segments: entertainment and hotel services, and investment activities [2]

Core Viewpoint - *ST Suwu has received a decision from the Shanghai Stock Exchange to terminate its stock listing due to significant violations, including false disclosures in annual reports and financial misstatements [1][5]. Group 1: Termination of Listing - On December 1, *ST Suwu announced it received a decision from the Shanghai Stock Exchange regarding the termination of its stock listing [1]. - The stock will enter a delisting preparation period starting December 9, with the last trading day expected to be December 29, lasting for 15 trading days [3][6]. - During the delisting preparation period, the stock will trade on a risk warning board [3]. Group 2: Violations and Penalties - The China Securities Regulatory Commission (CSRC) issued an administrative penalty decision on November 25, citing three major violations by *ST Suwu, including failure to disclose the actual controller and false financial reporting from 2018 to 2023 [5]. - The company was fined 10 million yuan, and its chairman and vice chairman were fined a total of 20.5 million yuan for their roles in the violations [5]. - The Shanghai Stock Exchange determined that these violations constituted a mandatory delisting condition under its listing rules [5]. Group 3: Company Profile and Market Data - *ST Suwu is a comprehensive listed company with a core focus on pharmaceuticals, significant involvement in real estate, and investment activities [6]. - As of November 25, the stock was trading at 1.24 yuan per share, with a total market capitalization of 880 million yuan [7]. - As of September 30, the number of shareholders was reported at 67,406, reflecting a decrease of 1,369 shareholders, or a 1.99% change [10][11].

【导读】*ST苏吴收到股票终止上市决定 12月1日晚间，*ST苏吴收到上海证券交易所出具的《关于江苏吴中医药发展股份有限公司股票终止上市的决定》，决定终止公司股票上市。*ST苏吴股票 自12月9日起进入退市整理期。 *ST苏吴被终止上市 12月1日晚间，*ST苏吴发布公告称，公司收到上海证券交易所出具的《关于江苏吴中医药发展股份有限公司股票终止上市的决定》，决定终止公司股票 上市。 根据公告，*ST苏吴股票进入退市整理期的起始日为12月9日，预计最后交易日期为12月29日，退市整理期的交易期限为15个交易日。退市整理期间股票 在风险警示板交易。公司股票终止上市后，将转入全国中小企业股份转让系统进行股份转让。 年报存在虚假记载 11月25日，*ST苏吴收到中国证监会出具的《行政处罚决定书》（〔2025〕145号）。经查，*ST苏吴及相关当事人存在以下三项违法事实： 一是未如实披露实际控制人，2018年至2023年年报存在虚假记载；二是虚增营业收入、营业成本和利润，2020年至2023年年报存在虚假记载；三是未按规 定披露关联方非经营性占用资金情况，2020年至2023年年报存在重大遗漏。 根据当事人违法行为的事 ...

这家上市公司，退市倒计时。停牌前*ST苏吴走出5连板。 12月1日晚间，*ST苏吴(600200)披露公告称，公司于12月1日收到上海证券交易所出具的《关于江苏吴中医药发展股份有限公司 股票终止上市的决定》，上海证券交易所决定终止公司股票上市。 | 显示停牌 到价提醒 | 筹码 | 0 1 KS | *ST苏吴 | | | | | --- | --- | --- | --- | --- | --- | --- | | 设置均线。 | | | 600200 | | | | | 025/9/11-2025/11/25(48根) | | | 停牌 CNY | | ● 自选 | | | œ | * 1 1 | | 型化 | - 委主 | | | | | | 1.24 | 菜工 | | 0 | | | 1.24 | | | 卖四 | | 0 | | | | | 1.18 | ik h | | 0 | | | | | | | | O | | | | | 1.12 | | | 0 | | | | | | 彩票 | | 0 | | | | | 1.06 | | | 0 | | | | | | 云三 | | 0 | | | | ...