Mile Green是一家可持续能源解决方案公司，双总部分别设于中国香港及泰国。据董事所深知、尽悉及 确信，MileGreen及其最终实益拥有人在可持续科技、绿色能源、房地产及私人信贷行业以及电讯及 Web2╱Web3项目(包括实物资产)的投资方面拥有丰富经验及专业知识，且彼等并非公司的关连人士。 格隆汇8月26日丨环联连讯(01473.HK)发布公告，2025年8月26日，公司与Mile Green Company Limited("Mile Green")订立谅解备忘录，以记录双方有意在实物资产领域探索潜在商机。根据备忘录， 公司与Mile Green同意透过公司与Mile Green共同投资实物资产生态系统，携手探索、评估及界定实物 资产领域内的潜在商机。 ...

格隆汇8月26日丨直通电讯(08337.HK)公告，于2025年8月26日，买方(公司间接全资附属公司)与卖方订 立设备购买协议，据此，买方同意购买，而卖方同意出售电讯设备及服务，总代价约为589万港元，以 经营集团于电讯业务分部的主要业务。 ...

直通电讯(08337)发布公告，于2025年8月26日(交易时段后)，买方中港通电讯有限公司(公司间接全资附 属公司)与卖方恒意国际有限公司订立设备购买协议，据此，买方同意购买，而卖方同意出售电讯设备 及服务，总代价约为589万港元，以经营集团于电讯业务分部的主要业务。 电讯设备及服务包括(i)GSP(通用讯号平台)、HSS(与IMS相容的家用伺服器)、GTP路由器、PGW(PDN 网关);及(ii)配置、适配、连接现有系统、培训及指定期间的技术支援。 设备购买协议可以更换部分过时的核心网络设备，以满足新产品功能及容量不断增长的需求。这将加强 集团流动通讯网络的营运效率、可靠性及可扩展性。此外，升级后的设备及服务将确保与现有网络更好 地融合并提高整体服务质量，符合集团的长远业务发展及在通讯行业的竞争力。 ...

智通财经APP讯，直通电讯(08337)发布公告，于2025年8月26日(交易时段后)，买方中港通电讯有限公 司(公司间接全资附属公司)与卖方恒意国际有限公司订立设备购买协议，据此，买方同意购买，而卖方 同意出售电讯设备及服务，总代价约为589万港元，以经营集团于电讯业务分部的主要业务。 电讯设备及服务包括(i)GSP(通用讯号平台)、HSS (与IMS相容的家用伺服器)、GTP路由器、PGW (PDN 网关);及(ii)配置、适配、连接现有系统、培训及指定期间的技术支援。 设备购买协议可以更换部分过时的核心网络设备，以满足新产品功能及容量不断增长的需求。这将加强 集团流动通讯网络的营运效率、可靠性及可扩展性。此外，升级后的设备及服务将确保与现有网络更好 地融合并提高整体服务质量，符合集团的长远业务发展及在通讯行业的竞争力。 ...

格隆汇8月21日丨数码通电讯(00315.HK)宣布，本公司将于2025年9月3日星期三举行董事会会议，藉以 （其中包括）批准本公司及其附属公司截至2025年6月30日止年度的全年业绩及考虑建议派付末期股息 （如有）。 ...

Core Viewpoint - The Federal Reserve is expected to lower interest rates in September under pressure from President Trump and Treasury Secretary Mnuchin, which is likely to benefit the stock market [1] Group 1: Market Outlook - The U.S. money market fund size has reached $7 trillion, and a restart of rate cuts will lead funds to seek new opportunities, aligning with a global rate-cutting cycle that will favor the stock market [1] - The Hang Seng Index's next target is projected to be 26,500 points, with short-term adjustments expected and support around 24,500 points, making it an attractive entry point for investors [1] Group 2: Sector Analysis - Recent earnings and guidance from major tech stocks were positive, which should have been a catalyst for the sector; however, market expectations were high, leading to some stock adjustments, presenting a low-buy opportunity given current valuations are not overly expensive [1] - A barbell strategy is recommended for investors, with recent increases in domestic bank stocks, Chinese telecom stocks, and domestic insurance stocks; however, in a volatile market with ongoing rate cut themes, it remains necessary to hold these related stocks [1]

净利下滑里的转身压力 本报记者张蓓见习记者黄指南深圳报道 长江和记实业有限公司（00001.HK）（下称"长和"）于8月14日发布了2025年度上半年业绩报告，并于 同日举行了中期业绩分析师发布会。 尽管公司报告基本盈利为113.21亿港元，同比增长11%，总收入达2406.63亿港元，同比增长3%，然 而，反映公司核心盈利能力的EBITDA却下降了9%，为569.83亿港元，显示出成本压力与外部挑战的加 剧。 与会分析师向《华夏时报》记者透露，长和主席李泽钜缺席长和中期业绩分析员会议，系其接任以来首 次缺席，管理层未说明具体缺席原因。 本期业绩报告内容未提及计划出售海外港口业务的进展，亦未提到巴拿马港口的营运情况，但长和管理 层于业绩会上作出回应。 上述分析师转述经营层表态，（港口交易）在未获得所有相关监管机构及部门批准前，不会进行任何交 易。即使今年内能达成具约束力的新协议，料交割不会在今年内发生。 尽管在收入端表现出稳步增长，整体业绩依然受到外部因素的拖累，凸显出在复杂环境下实现转型与平 衡的艰难挑战。 上半年财报显示，长和的零售业务（以屈臣氏为主）增长了8%，港口业务增长了9%，基建和电讯业务 分别增 ...

本文源自：金融界AI电报 中信国际电讯(01883.HK)发布公告，将于2025年9月26日派发截至2025年6月30日止6个月的中期股息每 股0.06港元。 ...

Investment Rating - The report maintains a "Buy" rating for Galaxy Entertainment Group with a target price of HKD 49.81, representing a potential upside of 26.61% from the current stock price of HKD 39.34 [2][10]. Core Insights - Galaxy Entertainment Group reported strong Q2 2025 results with a net revenue increase of 10.3% year-on-year and 7.5% quarter-on-quarter, reaching HKD 12.04 billion, which is 91.4% of the 2019 level [5]. - The adjusted EBITDA grew by 12.4% year-on-year and 8.3% quarter-on-quarter to HKD 3.57 billion, with an EBITDA margin of 29.6% [5]. - The company announced an interim dividend of HKD 0.7 per share, raising the payout ratio to 59%, marking it as the first in the industry to increase dividends [5]. - The introduction of smart gaming tables and the launch of the Capella Hotel and Resort are expected to enhance market share and attract high-quality customers [10]. Summary by Sections Galaxy Entertainment Group Performance - Q2 2025 net revenue was HKD 12.04 billion, a 10.3% increase year-on-year and a 7.5% increase quarter-on-quarter [5]. - VIP gaming table turnover increased by 20.8% year-on-year and 20.2% quarter-on-quarter [5]. - The adjusted EBITDA reached HKD 3.57 billion, with a year-on-year growth of 12.4% [5]. Hotel and Casino Operations - "Galaxy Macau" and the StarWorld Hotel reported net revenues of HKD 10 billion and HKD 1.17 billion, respectively, with year-on-year growth of 16% and a decrease of 11.5% [6]. - The EBITDA for "Galaxy Macau" was HKD 3.33 billion, reflecting a 19.5% year-on-year increase [6]. Future Developments - The Capella Hotel and Resort is set to officially open soon, featuring high-end amenities aimed at attracting a new customer base [7]. - The ongoing construction of the fourth phase of "Galaxy Macau" is expected to be completed by 2027, adding significant capacity and facilities [7]. Financial Projections - The report forecasts total net income for 2025 at HKD 47.2 billion, with a year-on-year growth of 8.7% [12]. - The projected EBITDA for 2025 is HKD 13.86 billion, reflecting a 13.7% increase [12]. - The expected net profit for 2025 is HKD 10.13 billion, with a year-on-year growth of 15.7% [12].

Financial Highlights - Revenue increased by 3% to HK$2407 billion in 1H 2025[6] - Net earnings decreased by 92% to HK$09 billion in 1H 2025, but underlying net earnings increased by 11%[6] - EPS decreased by 92% to $022 in 1H 2025, but underlying EPS increased by 11%[6] - EBITDA decreased by 14% to $450 billion in 1H 2025, but underlying EBITDA increased by 7%[7] - Operating Free Cash Flow increased by 11% to $218 billion in 1H 2025[7] - Free Cash Flow increased by 248%[17] Segment Performance - Ports and Related Services revenue increased by 9% to HK$23597 million[71], with throughput increasing by 4% to 440 million TEUs[26] - Retail revenue increased by 8% to HK$98840 million[71], with a 2% increase in store numbers to 16935[28] - Infrastructure revenue increased by 6% to HK$28627 million[71] - CK Hutchison Group Telecom revenue increased by 5% to HK$45012 million[71] - Finance & Investments and Others revenue decreased by 10% to HK$44587 million[71] Telecommunications - 3 Group Europe - 3 Group Europe's total revenue increased by 5% to HK$41958 million[38] - Underlying EBITDA increased by 7% to HK$11816 million[38] - Active customer base increased by 40% to 566 million[108] Financial Position - Liquid assets totaled $1373 billion, sufficient to cover all debt maturing before December 2028[21] - Net Debt Ratio was 147%[7] - Group GHG performance reduced scope 1 + 2 emissions by approximately 20% against 2020 baseline[54]