香港联交所最新资料显示，9月10日，找钢集团-W(06676)股东将股票存入招银国际证券，存仓市值8.98 亿港元，占比31.62%。 找钢集团-W公布，于2025年7月28日，该公司与RD International Holdings Limited(RD Holdings，连同其 附属公司及联属公司，统称"圆币集团")订立意向书，表明战略合作的初步意向，据此，该公司的子品 牌Steel Searcher将可支援稳定币结算及相关活动。 ...

Core Viewpoint - The company reported strong financial performance for the first half of 2025, with significant growth in revenue and net profit, driven by its enterprise systems and cloud computing businesses. Group 1: Financial Performance - In the first half of 2025, the company achieved revenue of approximately 45.515 billion HKD, representing a year-on-year growth of 13.6% [1] - The net profit for the same period was approximately 610 million HKD, reflecting a year-on-year increase of 34.7% [1] - The gross profit margin was approximately 4.75%, an increase of 0.32 percentage points year-on-year [1] Group 2: Business Segments - The enterprise systems business remains the primary revenue source, with revenue of approximately 25.704 billion HKD, a year-on-year growth of 14.1% [1] - The consumer electronics business generated revenue of approximately 17.191 billion HKD, growing by 7.5% year-on-year [1] - The cloud computing business saw remarkable growth, with revenue of approximately 2.620 billion HKD, a year-on-year increase of 67.9% [1][2] Group 3: Regional Performance - The Southeast Asia business showed impressive performance, with revenue of approximately 16.7 billion HKD, a year-on-year growth of 22.5% [1] - Thailand's revenue grew by 50.4%, the Philippines by 45.4%, and Malaysia by 31.3% year-on-year [1] - The company's Apple business in Southeast Asia grew by 104%, while domestic brand revenue increased by 35% and Huawei business revenue grew by 46% [1] Group 4: Cloud Business Growth - The cloud business experienced rapid growth, with a year-on-year increase of 67.9% [2] - Alibaba Cloud revenue grew by 156%, Huawei Cloud by 29%, and Amazon Cloud by 293% [2] - The company secured several projects, including the Pengcheng Cloud Brain computing power scheduling and operation management [2] Group 5: Future Outlook - The company plans to explore new business models and collaborate with third-party service providers to develop innovative payment solutions, including stablecoin settlements [2] - There is a focus on expanding into the field of embodied intelligence [2] - The company aims to strengthen partnerships to achieve high-quality and sustainable long-term development [2] Group 6: Earnings Forecast - The revenue forecast for 2025-2027 is estimated at 102.117 billion HKD, 113.757 billion HKD, and 125.365 billion HKD respectively [2] - The projected net profit for the same period is expected to be 1.307 billion HKD, 1.545 billion HKD, and 1.741 billion HKD respectively [2] - Corresponding diluted EPS is forecasted to be 0.91 HKD, 1.08 HKD, and 1.21 HKD, with P/E ratios of 12.7x, 10.7x, and 9.5x [2]

Core Viewpoint - The company reported strong financial performance for the six months ending June 30, 2025, with significant growth in revenue and net profit, driven by its strategic focus on the ICT sector and international expansion, particularly in Southeast Asia [1][2][5] Group 1: Financial Performance - The company achieved a revenue of HKD 45.5 billion, representing a year-on-year increase of 13.6% [1] - The net profit after tax was approximately HKD 610 million, reflecting a year-on-year growth of 34.7% [1] - The return on equity (ROE) stood at 13.7% [1] Group 2: Regional Performance - North Asia contributed approximately HKD 28.8 billion to revenue, accounting for 63% of total revenue, while Southeast Asia contributed about HKD 16.7 billion, making up 37% [1] - Southeast Asia emerged as a key growth area, with a revenue increase of 22.5% during the reporting period [2] - Notable revenue growth in Southeast Asia included 50% for Thailand, 45% for the Philippines, 31% for Malaysia, and 30% for Indonesia [2] Group 3: Strategic Partnerships and Market Expansion - The company significantly boosted its Apple business in Southeast Asia, achieving a remarkable growth rate of 104% [2] - The company supported numerous Chinese enterprises in expanding overseas, with domestic brand revenue in Southeast Asia increasing by 35% [3] - Huawei's business saw a substantial growth of 46%, with Indonesia and the Philippines experiencing increases of 194% and 171%, respectively [3] Group 4: Cloud Business Growth - The cloud computing segment experienced a robust growth of 67.9%, with Alibaba Cloud growing by 156% and Amazon Cloud by 293% [4] - The company became the exclusive distributor for VMware in May 2024, leading to a 295% increase in related revenue [4] - The subsidiary, Jiajie Cloud Star, reported a 63% increase in revenue, providing customized solutions in multi-cloud management and AI computing [4] Group 5: Domestic Market Development - Revenue in the China region grew by 8.9%, with a focus on localizing business operations [5] - The company established stable partnerships with domestic manufacturers, achieving over 70% market share for domestic brands [5] - The domestic business in computing power saw a 26% increase, supported by collaboration with Huawei [5] Group 6: Future Outlook - The company plans to continue its innovation-driven approach and explore new business models, including partnerships with third-party service providers [6] - There is an intention to expand into the field of embodied intelligence [7] - The company aims for sustainable development and value creation for shareholders and society [7]

Core Viewpoint - Qianxun Technology (01640) has experienced a significant stock price increase of over 8% following the announcement of a positive earnings forecast for the first half of the year, indicating strong financial performance driven by strategic acquisitions and partnerships [1]. Financial Performance - The company expects a net profit after tax of between 49.6 million to 53.6 million RMB for the first half of the year, a substantial increase compared to 5.4 million RMB in the same period last year, reflecting a profit growth of approximately 817% [1]. - Revenue is projected to increase by 850% to at least 640 million RMB, primarily due to the acquisition of a second-hand electronic products e-commerce business [1]. Strategic Partnerships - On July 15, Qianxun Technology announced a strategic partnership with the well-known domestic leasing platform Aizhuji, aiming to develop the world's first "3C leasing asset tokenization" product in the mobile phone and tablet leasing sector [1]. - This collaboration will leverage RWA and blockchain technology to explore new business opportunities in RWA business innovation and the application of stablecoins in the trade of second-hand 3C electronic products, promoting mutual benefits and collaborative development [1].

Core Viewpoint - Qianxun Technology (01640) has experienced a significant stock price increase of over 8% following the announcement of a positive earnings forecast for the first half of the year, indicating strong financial performance driven by recent acquisitions and strategic partnerships [1] Financial Performance - The company expects a net profit after tax of between 49.6 million to 53.6 million RMB for the first half of the year, a substantial increase compared to 5.4 million RMB in the same period last year, reflecting a growth in profitability [1] - Revenue is projected to increase by 850% to at least 640 million RMB, primarily due to the acquisition of a second-hand electronic products e-commerce business [1] Strategic Partnerships - On July 15, Qianxun Technology announced a strategic partnership with the well-known domestic leasing platform Aizhuji, aiming to leverage RWA and blockchain technology to create the world's first "3C leasing asset tokenization" product in the mobile phone and tablet leasing sector [1] - This collaboration is intended to utilize the strengths of both companies to innovate in RWA business and explore new business opportunities in the settlement application of stablecoins in the second-hand 3C electronic product trade, promoting mutual benefits and collaborative development [1]

Group 1: Mastercard's Initiative - Mastercard announced plans to offer merchants the option to accept payments and settlements in "stablecoins," marking a significant milestone for stablecoins in the cryptocurrency space [1] - The company is collaborating with payment processor Nuvei and stablecoin issuers Circle and Paxos to facilitate payments using cryptocurrency protocols [1] - Mastercard is also partnering with cryptocurrency exchange OKX to launch a new electronic credit card, further expanding its support for cryptocurrency transactions [1] Group 2: Regulatory Developments - The bipartisan "GENIUS Act" aims to establish a regulatory framework for stablecoin payments in the U.S., having passed a committee vote in March and moving towards full legislative action [1] - Standard Chartered forecasts that if the GENIUS Act is passed, the global stablecoin market could surge to $2 trillion within three years [1][3] Group 3: Market Growth and Impact - The market capitalization of dollar-pegged stablecoins has skyrocketed from under $30 billion to $220 billion in just five years, now exceeding 0.8% of the U.S. dollar M2 money supply [3] - Approximately 85%-90% of stablecoin reserves are directed towards short-term U.S. Treasury securities, indicating a significant demand source for the bond market [3] - Analysts predict that the growth of stablecoins could create a structural demand for short-term U.S. Treasury bonds, potentially accounting for about 40% of the Treasury's short-term issuance in 2023 [3][4]