Company News - Emperor Capital (00717.HK) reported total revenue of approximately HKD 730 million for the year ending September 30, 2025, representing a year-on-year increase of 37.3%. Net profit was approximately HKD 147 million, up 121.4% year-on-year [6] - New Special Energy (01799.HK) plans to sell a 79.92% stake in Xinjiang Wind to New Energy Power Partnership to facilitate a REITs issuance, with a transaction value of approximately HKD 1.337 billion [6] - Bay Area Development (00737.HK) signed a construction contract for the Shenzhen section with Poly Longda, with a contract value of RMB 1.448 billion [7] Industry Insights - Standard Chartered Bank indicated that Chinese stocks have become more attractive with lower valuations, expecting a rebound in corporate earnings growth in 2026 due to eased monetary policy and sustained global economic growth [4] - JPMorgan Chase noted that the recent pullback in the mainland healthcare sector provides a good entry opportunity for 2026, favoring biotechnology and CXO sectors. The firm believes that the fundamentals of the industry remain unchanged and anticipates new licensing opportunities in innovative drugs [5]

截至午间收盘，港股恒生指数涨0.65%，报25663.41点，恒生科技指数涨1.14%，报5480点，国企指数涨 0.5%，报8885.67点，红筹指数涨0.16%，报4056.3点。 大型科技股中，阿里巴巴-W涨0.76%，腾讯控股涨1.16%，京东集团-SW跌0.53%，小米集团-W涨 0.2%，网易-S涨1.51%，美团-W涨2.27%，快手-W涨0.99%，哔哩哔哩-W涨0.78%。 生物医药股普涨，药明康德涨超6%。北京时间12月18日凌晨，参议院官网显示，搭载修订版《生物安 全法案》的美国2026财年国防授权法案（2026NDAA）获通过。新版本生物安全法未具体点名任何一家 公司。有券商研究机构认为，2025年法案进展阶段性落地，行业回归中长期增量逻辑。 中资券商股走强，招商证券涨超3%。中信建投发布研报称，中金公司发布拟换股方式吸收合并东兴证 券，信达证券系汇金体系内券商牌照整合，换股吸收合并预案落地，中金为存续主体且不涉及配套募 资。合并后规模效应显著，三家机构核心能力形成协同互补，加之中金具备成熟并购经验，过往成功整 合中投证券，本次合并推进效率可期；合并之后，中金公司资本实力、区域服务能力 ...

| 比亚迪股份 | 93.800 | -1.52% | | --- | --- | --- | | 1211.HK | | | | 百度集团-SW | 116.900 | -1.43% | | 9888.HK | | | | 华虹未合体 | 67.400 | -1.17% | | 1347.HK | | | | 中芯国际 | 64.000 | -1.16% | | 0981.HK | | | | 网易-S | 208.400 | -0.86% | | 9999.HK | | | | 京东集团-SW | 111.400 | -0.80% | | 9618.HK | | | 中金公司涨逾7%，公司公告，拟换股吸收合并东兴证券与信达证券。 | < W | 中金公司(3908) | | | --- | --- | --- | | | 集合竞价 12-18 09:20:15 通 | | | 20.300 | 额 8993万 股本 48.27亿 市盈 | 10.3 万得 | | | | 盘口 | | 1.340 7.07% | 换 0.23% 市值 1623亿 市净 | 0.92 | | A股 38.38 +3.49 + ...

Market Overview - The Hang Seng Index (HSI) closed at 25,577.23, down by 51.65 points or 0.20% from the previous close [1] - The index reached a high of 25,757.83 and a low of 25,577.23 during the trading session, with a trading volume of 35.27 million [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 117.167, up by 0.83% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 600.386, down by 0.43% compared to the Hong Kong close [2] Stock Price Movements - Tencent Holdings (00700) latest price is HKD 603.000, down by HKD 13.000 or 2.11% [3] - Alibaba Group (09988) latest price is HKD 148.600, down by HKD 5.500 or 3.57% [3] - HSBC Holdings (00005) latest price is HKD 116.200, down by HKD 1.100 or 0.94% [3] - AIA Group (01299) latest price is HKD 80.650, up by HKD 1.650 or 2.09% [3] - BYD Company (01211) latest price is HKD 96.000, down by HKD 2.500 or 2.54% [3] - Baidu Group (09888) latest price is HKD 118.700, down by HKD 7.300 or 5.79% [3] - JD.com (09618) latest price is HKD 113.500, down by HKD 2.100 or 1.82% [3]

智通财经APP获悉，2025年12月16日，港股上市公司投资日志如下： 类别 公司 翰思艾泰-B (招股中) 轻松健康 (招股中) 诺比侃 (招股中) 华芢生物-B (招股中) 印象大红袍 (招股中) 明基医院 (招股中) 南华期货股份 (招股中) 智汇矿业 (招股中) 希迪智驾 (招股中) 果下科技 (上市日) 武汉有机 中国铝业 邮储银行 宏强控股 锦艺集团控股 云南水务 亚洲果业 万科海外 精英汇集团 汇通达网络 分红派息 万成集团股份 （除净日） 结好控股 （除净日） 波司登 （除净日） 弥明生活百货 （除净日） 网易-S （派息日） 达力集团 （除净日） 亚太资源 （派息日） 澳洲成峰高教 （派息日） 新股活动 股东大会召开日 ...

港股收盘，恒生指数涨1.75%，恒生科技指数涨1.87%。港股科技ETF（159751）涨1.42%，恒生港股通 ETF（159318）涨1.67%。板块方面，电气设备、生命科学工具板块涨幅靠前；居家用品、航空货运与 物流板块跌幅靠前。个股方面，中国银河涨9.45%，广发证券涨7.33%，康方生物涨7.33%，农夫山泉涨 7.23%，网易-S涨6.87%，交通银行涨6.57%，中信证券涨6.42%，国泰海通涨5.99%，中国财险涨 5.91%，新鸿基地产涨5.79%，百济神州涨5.64%，华泰证券涨5.63%，科伦博泰生物-B涨5.6%，中国太 保涨5.13%，长实集团涨5.05%，中国人寿涨5.0%，长江基建集团涨4.64%，中国铝业涨4.58%，五矿资 源涨4.55%，中兴通讯涨4.51%，中通快递-W涨4.05%；药明合联跌8.36%，曹操出行跌11.11%；昭衍新 药涨19.41%，狮腾控股涨14.55%。 ...

Market Overview - The A-share and Hong Kong markets have been the best-performing globally this year, with average returns exceeding 20% despite recent profit pullbacks [1] - The Hang Seng Index has experienced a decline, with the peak drop around 8%, influenced by macroeconomic factors such as fluctuating interest rate expectations from the Federal Reserve and Japan [4][5] Sector Performance - Key sectors in the Hong Kong market, including e-commerce, AI, and new energy vehicles, are facing challenges, leading to reduced profitability and sales expectations [5] - The upcoming unlock of restricted shares in November and December, including significant companies like CATL and Hengrui Medicine, is expected to exert selling pressure on the market [5] Investment Opportunities - The Hang Seng Technology Index is currently valued at only 26% of its historical valuation, presenting a potential buying opportunity for investors looking to engage with technology and internet leaders [7] - For investors with access to overseas brokerage accounts, the U.S. stock market offers a wide range of investment options, with the S&P 500 being a historically strong asset class [9][12] ETF and Index Insights - The newly launched China Technology Innovation ETF (CNQQ) aims to capture the growth of Chinese tech companies, with a focus on those with significant R&D investments [13][14] - The ETF market in the U.S. is robust, with over $10 trillion in assets, providing various strategies and exposure to different sectors [9] Conclusion - The current market conditions suggest a cautious but optimistic outlook for both A-shares and U.S. equities, with potential for strategic investments in technology and growth sectors [16][18]

来源：朝阳永续 | 载据来源:朝阳水续盘利预测载招房 贯币单位:亿元人民币 | | | | | | | 日時 香港電影 更多反境调测 展注朝阳水线会负责 | | --- | --- | --- | --- | --- | --- | --- | --- | | 机构面积了 | 发布日期 | 要业收入 | 125-5回比 | 净利润 | 同比 | 经调整净利润 | 同比 | | 实方预测区间 | | 268.97~303.47 | 0.6%-13.5% | 75.81~115.85 | -13.5%-32.2% | 84.54-99.78 | -12.7%~3.1% | | 平均收 | | 287.46 | 7.5% | 84.40 | -3.7% | 91.12 | -5.9% | | 中位数 | | 287,37 | 7.4% | 81.82 | -6.7% | 90.29 | -6.7% | | 第一上海证券 | 2025-12-09 | 292.77 | 9.5% | 77.22 | -11.9% | == | == | | 东方证券 | 2025-11-27 | 284.01 | 6.2% | 87. ...

中国基金报记者 伊万 【导读】中国中冶重挫超21% 12月9日，市场情绪表现低迷，港股三大指数齐收跌。截至收盘，恒生指数跌1.29%，报25434.23点；恒生国企指数跌1.62%，报8936.41点；恒生科技指数 跌1.90%，报5554.68点。 盘面上，大型科网股普跌，百度集团-SW、小米集团-W跌超3%，快手-W、美团-W跌超2%，网易-S、阿里巴巴-W、京东集团-SW跌超1%；重型基建股大 跌，中国中冶重挫超21%，中铝国际跌超4%；半导体股下挫，华虹半导体跌超5%，中芯国际跌超4%；此前大热的泡泡玛特跌超5%，老铺黄金跌近3%。 此外，保险股、石油股、航空股、军工股、中资券商股等纷纷走低。 12月9日，中国中冶重挫超21%，领跌重型基建股。 消息面上，中国中冶昨晚公布，公司拟将所持有的中冶置业100%股权及对中冶置业的标的债权一并出售给五矿地产控股，将所持有的有色院、中冶铜 锌、瑞木管理100%股权和中冶金吉67.02%股权出售给中国五矿，公司控股子公司中国华冶拟将其持有的华冶杜达100%股权出售给中国五矿或其指定主 体。本次交易为现金交易，交易价格约为607亿元。 雅居乐遭提出清盘呈请 盘中股价 ...

| < W | 恒生科技(HSTECH) | Q | | --- | --- | --- | | | 5554.68 -107.87 -1.90% | | | 资料 | 成分 资讯 相关基金 | 月度收益 | | 名称 | 现价 | 涨跌幅 == | | 华虹半导体 | 75.150 | -5.41% | | 1347.HK | | | | 中芯国际 | 68.850 | -4.11% | | 0981.HK | | | | 零跑汽车 | 50.100 | -4.02% | | 9863.HK | | | | 昨1里 毕₪里-W | 196.300 | -3.59% | | 9626.HK | | | | 百度集团-SW | 121.400 | -3.50% | | 9888.HK | | | | 小米集团-W | 41.260 | -3.10% | | 10401111 | | | 12月9日，香港恒生指数收跌1.29%，恒生科技指数跌1.90%。 | 代码 | 名称 | 现价 | | --- | --- | --- | | HSI | 恒生指数 | 25434.23 -331.13 - -1.29% | ...