Core Viewpoint - Oriental Selection (01797.HK) has announced the subscription of various wealth management products issued by Guangfa Bank and China Merchants Bank, indicating a strategic move to enhance its investment portfolio [1] Group 1: Subscription Details - On September 23, 2025, the company subscribed to a wealth management product from Guangfa Bank with a principal amount of RMB 100 million, offering a non-principal guaranteed expected floating annual return rate of 2.80%, maturing on September 23, 2026 [1] - Prior to the subscription with Guangfa Bank, the company had already subscribed to non-principal guaranteed floating return products with an outstanding principal amount of RMB 700 million that had not yet been redeemed [1] - On September 11, 2025, the company subscribed to a wealth management product from China Merchants Bank with a principal amount of RMB 50 million, offering a non-principal guaranteed expected floating annual return rate ranging from 2.30% to 3.30%, with a minimum term of 14 months from the subscription date [1] - Before the subscription with China Merchants Bank, the company had subscribed to non-principal guaranteed products with a principal amount of RMB 100 million, offering a floating return rate between 2.0% and 3.50% [1]

于2025年9月11日，本集团认购由招商银行发售的理财产品，本金额为人民币5000万元(招商银行认购事 项)，其非保本预期浮动年化回报率为2.30% 至3.30%，最短期限为自认购日期起计14个月。 智通财经APP讯，东方甄选(01797)发布公告，于2025年9月23日，本集团认购由广发银行发售的理财产 品，本金额为人民币1亿元(广发银行认购事项)，其非保本预期浮动年化回报率为 2.80%，到期日为2026 年9月23日。 ...

Core Viewpoint - Dongfang Zhenxuan (01797) has made significant investments in wealth management products from two major banks, indicating a strategic move to enhance returns on capital [1] Group 1: Investment Details - On September 23, 2025, the company subscribed to a wealth management product issued by Guangfa Bank with an investment amount of RMB 100 million, offering a non-principal guaranteed expected floating annual return rate of 2.80%, maturing on September 23, 2026 [1] - On September 11, 2025, the company subscribed to a wealth management product from China Merchants Bank with an investment amount of RMB 50 million, providing a non-principal guaranteed expected floating annual return rate ranging from 2.30% to 3.30%, with a minimum term of 14 months from the subscription date [1]

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 FF305 第 1 頁 共 6 頁 v 1.3.0 FF305 B. 贖回/購回股份 (擬註銷但截至期終結存日期尚未註銷) (註5及6) 第 2 頁 共 6 頁 v 1.3.0 公司名稱： 東方甄選控股有限公司 呈交日期： 2025年11月10日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01797 | 說明 | | | | | | | 多櫃檯證券代號 | | 說明 | | | | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 EAST BUY HOLDING LIMITED 東方甄選控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1797） 有關認購理財產品的主要交易及須予披露交易 認購理財產品 董事會宣佈，本集團已分別認購由廣發銀行及招商銀行發售的若干理財產品。 上市規則的涵義 由於有關廣發銀行認購事項及招商銀行認購事項各自的所有適用百分比率（定義 見上市規則第14.07條）均低於5%，故廣發銀行認購事項及招商銀行認購事項按 單獨基準計算並不構成本公司的須予披露交易。 由於廣發銀行認購事項（按合併基準計算）的最高適用百分比率超過25%但所有 比率低於100%，故廣發銀行認購事項構成本公司的一項主要交易，並須遵守上 市規則第14章項下的申報、公告及股東批准規定。 由於招商銀行認購事項（按合併基準計算）的最高適用百分比率超過5%但所有比 率低於25%，故招商銀行認購事項構成本公司的須予披露交易，並須遵守上市 規則第 ...

Investment Rating - The report maintains an "Outperform" rating for the social services sector, indicating expected performance above the market index by more than 10% [4][26][29]. Core Insights - The implementation of the new duty-free shopping policy in Hainan has led to a remarkable 35% year-on-year increase in shopping amounts during its first week, with total shopping reaching 506 million CNY [2][18]. - The consumer services sector outperformed the market, with a 4.04% increase during the reporting period, surpassing the Shanghai and Shenzhen 300 Index by 3.65 percentage points [1][13][14]. - The report highlights various initiatives aimed at enhancing consumer spending, including the "Urban Commercial Quality Improvement Action Plan" issued by multiple government departments to stimulate urban commercial vitality [2][19]. Summary by Sections Market Performance - The consumer services sector saw a notable increase of 4.04% from October 27 to November 7, 2025, ranking fifth among all industry indices [1][13][14]. - Key stocks that performed well include Caesar Travel (up 18.39%), China Duty Free (up 12.01%), and Quanjude (up 11.86%) [1][14][15]. Industry and Company Developments - The new duty-free policy in Hainan has expanded the range of duty-free goods to 47 categories, significantly boosting consumer spending [2][18]. - The Ministry of Commerce and other departments have launched a plan to enhance urban commercial structures, aiming to create a more efficient and consumer-friendly shopping environment [2][19]. - Notable corporate actions include Starbucks selling 60% of its Chinese business for 4 billion USD, and Dazhong Dianping committing 30 billion CNY to upgrade its information infrastructure over the next five years [2][22][21]. Stock Holdings Analysis - The report notes changes in stock holdings among key companies, with Haidilao and Tianli International Holdings seeing increases in shareholding percentages [3][25]. Investment Recommendations - The report suggests a focus on companies such as Atour, Huazhu Group, China Duty Free, and Ctrip, among others, for potential investment opportunities [4][26].

Investment Rating - The report maintains an "Outperform the Market" rating for the social services sector [4][26]. Core Views - The social services sector is expected to benefit from favorable national policies aimed at expanding domestic demand, leading to a continuous recovery in valuations during the reporting period [4][26]. - The report highlights a significant increase in duty-free shopping in Hainan, with a year-on-year growth of 35% in the first week of the new policy implementation [2][18]. - The consumer services sector outperformed the market, with a reported increase of 4.04% during the period from October 27 to November 7, 2025, surpassing the Shanghai and Shenzhen 300 Index by 3.65 percentage points [1][13]. Summary by Sections Market Review - The consumer services sector rose by 4.04%, ranking fifth among all industry indices, while the Shanghai and Shenzhen 300 Index increased by only 0.39% [1][13]. - Notable stock performances included Caesar Travel (up 18.39%), China Duty Free (up 12.01%), and Quanjude (up 11.86%) [1][14]. Industry and Company Dynamics - Various regions in China are piloting spring and autumn vacation systems for primary and secondary schools to optimize student holiday structures [2][17]. - The new duty-free shopping policy in Hainan has expanded the range of products available, contributing to a significant increase in shopping amounts [2][18]. - The Ministry of Commerce and other departments have issued a plan to enhance urban commercial quality, aiming to stimulate consumption [2][19]. - Ele.me has initiated a brand refresh, testing the name "Taobao Flash Purchase" to enhance delivery services [2][20]. - Starbucks has sold a 60% stake in its China business to Boyu Capital for $4 billion, valuing the joint venture at over $13 billion [2][22]. Stock Holdings Analysis - Core stocks in the Hong Kong Stock Connect, such as Haidilao and Tianli International Holdings, saw increases in shareholding percentages during the reporting period [3][25]. Investment Recommendations - The report suggests a focus on companies like Atour, Huazhu Group, China Duty Free, and Ctrip, among others, for investment opportunities [4][26]. - Mid-term recommendations include China Duty Free, Meituan, and Haidilao, indicating a broad range of companies across the social services sector [4][26].

Group 1 - The core viewpoint of the news is that Dongfang Zhenxuan has received the IFOS™ certification from SGS, highlighting its commitment to quality and safety in its self-operated fish oil products [1][3] - The IFOS™ certification involves comprehensive testing of active ingredient content, contaminants, and stability, establishing strict standards for raw materials and product quality, safety, and purity [3] - Dongfang Zhenxuan's self-operated fish oil has gained consumer recognition, selling over 25,000 boxes on its launch day in late 2024, with Omega-3 purity reaching 97% [3][4] Group 2 - The fish oil market is experiencing rapid global expansion, with the Chinese fish oil market becoming a focal point for high-quality development centered on brand value [4] - Dongfang Zhenxuan aims to collaborate with global partners to introduce more high-quality and safe products to the domestic market, enhancing service to consumers [4]

Group 1 - The Hang Seng Index rose by 0.45% as of November 10, with notable increases in stocks such as Qutoutiao (over 10%), Great Wall Motors (over 6%), and Dongfang Zhenxuan (over 5%) [1] - The Hong Kong Stock Connect Technology ETF (513860) had a trading volume of 65.28 million yuan, ranking first among its peers, with a real-time premium rate of 0.23% [1] - The ETF experienced a net inflow of 5.524 million yuan on the previous trading day (November 7), marking five consecutive days of net inflows, totaling 65.95 million yuan [1] Group 2 - Over 1 trillion yuan in funds have flowed into Hong Kong, reshaping the market's investor structure and pricing logic, moving towards a structural transformation where pricing power shifts to domestic investors [1] - Despite some fluctuations in the fourth quarter, institutions believe the current market trend is not a short-term rebound, with expectations of continued stability driven by signals of economic recovery in China and improved global liquidity [2] - The Hong Kong Stock Connect Technology ETF closely tracks the CSI Hong Kong Stock Connect Technology Index, which includes 50 large-cap technology companies with high R&D investment and rapid revenue growth [2] Group 3 - Guosen Securities predicts that after hitting a bottom in 2024, the Hong Kong market will perform well in 2025, with an expected annual increase of over 30% [2] - It is anticipated that southbound funds will net inflow 1.4 trillion yuan this year, setting a historical record, and that this influx will significantly impact the valuation of Hong Kong stocks [2] - The target price range for Hong Kong stocks has been raised to 29,000-32,000 points for 2026 based on weighted risk premiums [2]

Core Viewpoint - The Hong Kong stock market is experiencing a collective rise, particularly in the technology sector, driven by positive sentiment and government support for AI and technology applications [1][2]. Group 1: Market Performance - The Hong Kong Technology 30 ETF (513160) rose by 0.54%, with a turnover rate of 2.58% and a premium/discount rate of 0.1%, indicating active trading [1]. - Key constituent stocks such as Xindong Company and Dongfang Zhenxuan saw gains exceeding 3% [1]. Group 2: Government Policy - The State Council issued implementation opinions to accelerate the cultivation of application scenarios and promote large-scale applications in the AI sector, emphasizing the need for core technology breakthroughs and high-value application development [1]. Group 3: Analyst Insights - Dongwu Securities maintains a long-term bullish outlook on the Hong Kong stock market, particularly in the technology sector, while monitoring the performance of U.S. tech stocks [1]. - Huatai Securities suggests that the technology sector in Hong Kong may still be in a positioning phase, with potential for improved sentiment as the Federal Reserve enters a new round of easing [2].