Group 1 - The company, Daxing Technology, has commenced its public offering with a significant oversubscription rate of nearly 515 times the amount raised [1] - The total amount of margin financing provided by brokers for the offering is approximately HKD 20.223 billion [1] - The public offering aims to raise a total of HKD 39.2 million, with the listing expected to occur on September 9 [1] Group 2 - The sole sponsor for the offering is CITIC Securities International [1]

Core Viewpoint - Huayi Jin控 (08123) announced that Mr. Liu Runtong has resigned from his position as a non-executive director, effective from September 2, 2025 [1] Company Summary - The resignation of Mr. Liu Runtong is a significant change in the company's board structure [1]

蒙牛乳业(02319)发布公告，于2025年9月1日斥资758.13万港元回购50万股股份。 ...

清科创业(01945)发布公告，该公司于2025年9月1日斥资968港元回购800股股份，每股回购价格为1.19- 1.23港元。 ...

卡罗特(02549)发布公告，于2025年9月1日斥资164.09万港元回购33.4万股股份。 ...

Core Points - Liu Runtong has resigned from the position of non-executive director at Huayi Jin控 (08123), effective from September 2, 2025 [1]

此次获得大麦娱乐海纳计划奖学金的14位电影系学生分别来自影视与新媒体制片管理专业、电影电视与 数码媒体艺术（制作）专业、传理学专业、环球荧幕演技艺术专业。这些学生不仅专业成绩优异，部分 同学更以新锐优质的原创作品在电影节展赢得主办方及专业评委的认可。不久前，在中国电影文学最高 荣誉"夏衍杯"的优秀电影剧本评选中，海纳计划奖学金获奖者杨依丹凭借悬疑剧本《谁杀了那个女高中 生》斩获佳绩。 据悉，"海纳计划"是影视行业首个提供全产业链支持的新人培养模式，入选导演不仅可以获得资金帮 助，同时可以获得版权IP、虚拟拍摄技术、行业数据分析与电影宣发等全链路支持。曾以短片《兵捉 贼》在平遥国际电影展崭露头角的海纳计划奖学金得奖者陈颖淇，目前已正式加入该计划。在大麦娱乐 的支持下，青年导演陈颖淇的首部长片作品正在创作中。在此之前，"海纳计划"的另外两位青年导演陈 小雨、张裕笛，凭借各自的首部长片作品《乘船而去》《倒仓》，揽获上影节、金鸡等多个电影节的提 名认可及奖项荣誉。 "我们相信，立足本土，兼具东方审美和国际视野的电影人才，将是华语电影在全球电影市场保持独特 竞争力的关键。希望'海纳国际青年导演发展计划'可以挖掘更多立足 ...

北京商报讯（记者 刘晓梦）9月1日，理想汽车发布的数据显示，今年8月交付新车2.85万辆。 ...

9月1日，香港交易所宣布，将优化旗下证券及衍生产品结算所的按金抵押品安排。有关措施是香港交易 所致力提升市场效率及降低市场参与者成本的工作之一。香港交易所将调整旗下结算所向其参与者支付 的现金抵押品利息的计算方法，并下调对非现金抵押品的融通费用。 在新的安排下，现金抵押品的利息支付及相关收费将根据国际市场标准按日计算，计算方式为隔夜参考 利率减去手续费。此计算方式将被香港中央结算有限公司（中央结算）、香港期货结算有限公司（期货 结算）和香港联合交易所期权结算所有限公司（期权结算）统一采用，且适用于所有获接纳为抵押品的 货币种类。2025年10月至2026年12月的手续费将设定为0.8%，其后每年下调10个基点，直至2028年底 降至0.5%。 非现金抵押品的融通费用亦将由每年0.5%下调至0.25%。 ...

Summary of Key Points Core Viewpoint - The Hong Kong stock market experienced significant net inflows from northbound trading, with a total net buy of HKD 119.42 billion on September 1, 2023, indicating strong investor interest in certain stocks, particularly Alibaba, Tencent, and BYD [1][2]. Group 1: Northbound Trading Activity - Northbound trading saw a net buy of HKD 119.42 billion, with HK Stock Connect (Shanghai) contributing HKD 56.59 billion and HK Stock Connect (Shenzhen) contributing HKD 62.83 billion [1]. - The most bought stocks included Alibaba (HK 09988), Tencent (HK 00700), and BYD (HK 01211), while Xiaomi (HK 01810) faced the highest net sell [1]. Group 2: Individual Stock Performance - **Alibaba (HK 09988)**: Net buy of HKD 84.42 billion, with a total transaction of HKD 160.33 billion, reflecting a net inflow of HKD 8.51 billion. The company reported strong performance in its cloud and delivery services, with significant capital expenditure in AI infrastructure [2][4]. - **Tencent (HK 00700)**: Net buy of HKD 17.12 billion, with a total transaction of HKD 28.35 billion, indicating a net inflow of HKD 5.88 billion. The success of its mobile game "Valorant" is expected to boost revenue significantly [5]. - **BYD (HK 01211)**: Net buy of HKD 8.09 billion, with positive outlooks on profitability and overseas expansion, particularly in Indonesia, Brazil, and Hungary [5]. - **Xiaomi (HK 01810)**: Experienced a net sell of HKD 10.35 billion, with concerns over its smartphone business impacting margins, despite plans for future vehicle deliveries [8]. Group 3: Other Notable Stocks - **Sinda Biopharma (HK 01801)**: Net buy of HKD 3.21 billion, with a 50.6% year-on-year sales growth and a shift to profitability, driven by new product approvals [6]. - **SMIC (HK 00981)** and **Hua Hong Semiconductor (HK 01347)**: Received net buys of HKD 997 million and HKD 1.37 billion respectively, with strategic acquisitions aimed at enhancing operational efficiency [7]. - **Meitu (HK 01357)**: Net buy of HKD 1.18 billion, with a positive long-term growth outlook based on management strategies and AI capabilities [7].