百望股份(06657)发布公告，本公司近期已收到中国证监会就实施H股全流通而出具日期为2025年9月29 日的备案通知书(备案通知书)。根据备案通知书，本公司就合计1.35亿股境内股实施H股全流通向中国 证监会作出的备案已经完成。备案通知书自2025年9月29日起12个月内有效。本公司将向联交所上市委 员会申请批准相关H股上市及买卖。 ...

威高股份(01066)发布公告，董事会已审议并批准有关若干股东持有的4830万股未上市股份(相当于本公 布日期已发行股份总数约1.06%)之建议H股全流通。于获得所有相关批准(包括中国证监会发出的备案通 知及联交所的批准)并遵守所有适用法律、规则及法规后，有关4830万股未上市股份将转换为H股。本 公司将向联交所申请有关H股于联交所主板上市及买卖。 ...

格隆汇9月29日丨英诺赛科(02577.HK)宣布，公司已于2025年9月29日向中国证监会提交申请，以将公司 373,841,270股境内未上市股份转换为公司H股「本次H股全流通」)。在完成及取得所有相关监管机构 (包括但不限于中国证监会及联交所)的备案及 ╱ 或批准及符合所有适用法律法规后，该等境内未上市 股份将被转换为H股及合资格在联交所主板上市买卖(「转换及上市」)。 截至本公告日期，公司总股本为894,400,653股，其中，H股总数为504,841,187股，占公司总股本比例约 为56.44%；及境内未上市股份总数为389,559,466股，占公司总股本比例约为43.56%。 经与全体持有境内未上市股份的股东沟通，截至本公告日期，本次H股全流通申请意向的境内未上市股 份股数为373,841,270股，占境内未上市股份总数约为95.97%，占公司总股本比例约为41.80%。本次H股 全流通完成後，H股总股数将变更为878,682,457股，占公司总股本比例约为98.24%；及境内未上市股份 总数将变更为15,718,196股，占公司总股本比例约为1.76%。 ...

英诺赛科(02577)发布公告，公司已于2025年9月29日向中国证监会提交申请，以将公司3.74亿股境内未 上市股份(境内未上市股份)转换为公司H股。在完成及取得所有相关监管机构(包括但不限于中国证监会 及联交所)的备案及╱或批准及符合所有适用法律法规后，该等境内未上市股份将被转换为H股及合资 格在联交所主板上市买卖。 ...

Core Viewpoint - The company has submitted a filing application for the full circulation of H-shares concerning 104 million unlisted shares held by several shareholders, representing approximately 25.98% of the total issued share capital as of the announcement date [1] Group 1 - The China Securities Regulatory Commission (CSRC) accepted the company's application on August 25, 2025 [1] - The full circulation of H-shares is pending all relevant approvals, including the CSRC's filing notice and the conversion and listing [1]

Group 1 - The Hang Seng Index Company announced the quarterly review results for the Hang Seng Index series as of June 30, 2025, with "沪上阿姨" (02589) being included in the Hang Seng Composite Index, effective after market close on September 5, 2025, and effective from September 8, 2025 [1] - According to Huatai Securities research report, "沪上阿姨" is likely to be included in the Stock Connect program due to meeting various criteria including market capitalization, liquidity, and listing duration [1] - "沪上阿姨" announced that on July 4, 2025, the board approved a proposal to convert up to 35,255,992 shares of unlisted domestic shares into H-shares, representing approximately 33.51% of the total issued share capital as of the announcement date [1]

Group 1 - The Hang Seng Index Company announced the quarterly review results for the Hang Seng Index series as of June 30, 2025, with "沪上阿姨" (02589) being included in the Hang Seng Composite Index, effective after market close on September 5, 2025, and effective from September 8, 2025 [1] - The inclusion of "沪上阿姨" may lead to adjustments in the eligible stocks for the Hong Kong Stock Connect, as it meets various criteria including market capitalization, liquidity, and listing duration [1] - "沪上阿姨" announced that its board approved the proposal to convert up to 35,255,992 shares of unlisted domestic shares into H-shares, which represents approximately 33.51% of the company's total issued share capital as of the announcement date [1]

Core Viewpoint - The company, Zhongchuang Xinhang, has received approval from the Hong Kong Stock Exchange for the listing and trading of 150 million H-shares, which are set to be converted and listed as domestic shares on August 18, 2025 [1] Group 1 - The total number of H-shares approved for listing is 150 million [1] - The approval date for the listing and trading of these shares is August 18, 2025 [1] - The shares are part of the conversion process for domestic shares [1]

Core Viewpoint - The recent stock price surge of Boreton (01333) is attributed to strategic positioning around the H-share full circulation policy, which has injected strong momentum into the company's stock price [1][3][14]. Company Performance - Boreton's stock price increased by approximately 8.55% to HKD 29.96, with a trading volume of about 686,000 shares and a turnover of approximately HKD 20.07 million as of August 11 [1]. - The company has experienced a compound annual growth rate (CAGR) of 32.8% in revenue from 2022 to 2024, with revenues of RMB 360.1 million, RMB 464.7 million, and RMB 635.5 million for the respective years [11][13]. - The electric wide-body dump truck has become the primary revenue source, contributing 57.4% of total revenue in 2024, with revenues of RMB 3.65 million [12]. Market Position - Boreton ranks third among all new energy wide-body dump truck manufacturers and seventh among electric loader manufacturers in China, with market shares of 18.3% and 3.8% respectively [11][14]. - The company is the only pure new energy engineering machinery manufacturer among the leading players in these categories [11]. Financial Metrics - The gross profit margin for electric wide-body dump trucks has shown stability, with rates of 13.8%, 12.4%, and 13.5% over the past three years [12]. - However, Boreton's cost control is less effective compared to industry leaders, with an expense ratio of 39.5% projected for 2024, significantly higher than the industry benchmark of around 15% [14]. Trading Strategy - The trading pattern observed for Boreton follows a "buying - raising - distributing" strategy, with a significant increase in trading volume and price movement indicating strategic accumulation by institutional investors [4][8][10]. - The stock's trading volume on August 11 reached 686,000 shares, nearly 13 times the average volume from August 4 to August 8, confirming the effectiveness of the "volume-price" strategy [8][10].

Core Viewpoint - The recent stock price surge of Boreton (01333) is attributed to strategic positioning around the H-share full circulation policy, which has injected strong momentum into the company's stock price [1][3][14] Group 1: Stock Performance - As of August 11, Boreton's stock price increased by approximately 8.55%, closing at HKD 29.96, with a trading volume of about 686,000 shares and a turnover of approximately HKD 20.07 million [1] - From August 4 to August 8, the stock experienced a price increase of 2.22%, with a significant volume ratio of 8.2:1 between buying and selling, indicating strong accumulation before the price rise [4][5] - On August 11, the trading volume surged to 686,000 shares, nearly 13 times the average daily volume from the previous week, confirming the strategy of "low volume accumulation followed by high volume increase" [8][10] Group 2: Market Strategy - The trading strategy observed for Boreton follows a "concealment-raise-distribution" pattern, with a notable concentration of buying activity and a low turnover rate of 0.15%, indicating high control over the stock [4][10] - The top five buying institutions during this period included Citibank, BNP Paribas, and others, with slight increases in their shareholding percentages, reflecting institutional interest [6][7] Group 3: Company Overview - Boreton, established in November 2016, specializes in electric engineering machinery, focusing on electric loaders and dump trucks, and has achieved significant market rankings in China [11] - The company reported a compound annual growth rate of 32.8% in revenue from 2022 to 2024, with revenues of RMB 360.1 million, RMB 464.7 million, and RMB 635.5 million for the respective years [11][13] - Electric dump trucks have become the primary revenue source, contributing 57.4% of total revenue by 2024, showcasing the company's strong market position [12] Group 4: Financial Performance - Boreton's gross profit margin has shown improvement, with the electric dump truck segment maintaining a gross margin of around 13.5% in 2024 [12] - However, the company faces challenges in cost control, with an overall expense ratio reaching 39.5% in 2024, significantly higher than industry benchmarks [13]