Core Insights - The report highlights the mixed performance of major stock indices, with the Hang Seng Index closing at 23,206.84, up by 0.38% for the day but down 0.59% over the past five days [1] - The report notes a significant rebound in large technology stocks, contributing to the overall market recovery in Hong Kong [6] - The report indicates that the pharmaceutical sector led gains in the CSI 300 index, while consumer discretionary sectors lagged [6] Economic Data Summary - The U.S. manufacturing PMI final value for March was reported at 49.2, slightly above the market expectation of 49.9 [7] - U.S. construction spending month-on-month for February was reported at 0.7%, exceeding the market expectation of 0.3% [7] - The unemployment rate in Japan for February was reported at 2.4%, slightly better than the expected 2.5% [7] - The Eurozone CPI month-on-month for March was reported at 0.6%, matching market expectations [7] Major News Summary - The White House announced that President Trump’s tariffs will take effect immediately after the announcement on April 2 [9] - Canadian Prime Minister Mark Carney stated that Canada will retaliate if the U.S. continues to impose tariffs [9] - U.S. manufacturing activity has contracted for the first time this year, with price indicators reaching a three-year high [9] - The report mentions that Chinese banks are encouraged to increase credit loans to technology enterprises [8] Company News - BYD reported a strong start to 2025, with first-quarter vehicle sales increasing by 58% year-on-year, delivering 371,419 passenger cars in March alone [9] - The report indicates that Trump is considering proposals to divest TikTok's U.S. operations from its parent company ByteDance [9] - Dada announced the signing of a final agreement for privatization with JD Sunflower Investment Limited [9]

FF301 | III.已發行股份及/或庫存股份變動詳情 | | | | | | | --- | --- | --- | --- | --- | --- | | (A). 股份期權（根據發行人的股份期權計劃） | 不適用 | | | | | | 第 5 頁 | 共 13 頁 v 1.1.1 | | | | | | | FF301 | | | | | | (B). 承諾發行發行人股份的權證 不適用 第 6 頁 共 | 13 頁 v 1.1.1 | | | | | | FF301 | | | | | | | (C). 可換股票據（即可轉換為發行人股份） | | | | | | | 證券代號(如上市) 03988 | | 說明 | H股 | | | | | | | | 本月內因此發行的新股 | | | 數 本月内因此自庫存轉讓的 | 本月底因此可能發行或自 | | | | | | 可換股票據的說明 | 發行貨幣 | 上月底已發行總額 | 本月內變動 | | 本月底已發行總額 | | | | | | | (C1) 目 庫存股 | | 份數目 (C2) 庫存轉讓的股份數目 | | | | | | | 被強制轉換的境外優 ...

Core Insights - The report highlights a mixed performance in the US stock market, with only the Nasdaq index declining as the market awaits the announcement of reciprocal tariffs by President Trump [5] - European markets also experienced declines, particularly the French CAC40 index, influenced by the uncertainty surrounding the upcoming tariffs [5] - The Hang Seng Index and the National Index both fell, with the Hang Seng Index showing a larger decline due to the tariff concerns [5] - The Shanghai Composite Index and Shenzhen Component Index also saw declines, with the Shenzhen Component Index experiencing a more significant drop [5] - The report notes that the telecommunications sector led gains in the CSI 300 index, while the industrial sector faced the largest losses [5] Economic Data Summary - China's Manufacturing Purchasing Managers' Index (PMI) for March was reported at 50.5, slightly above the market expectation of 50.4, while the Non-Manufacturing PMI was at 50.8, also above the expected 50.6 [6] - The Composite PMI for China was reported at 51.4, up from the previous value of 51.1 [6] - In Germany, the Consumer Price Index (CPI) for March showed a month-on-month increase of 0.3%, matching market expectations, while the year-on-year CPI was reported at 2.2%, in line with expectations [6] - Japan's industrial production year-on-year growth for March was reported at 0.3%, below the expected 1.2% [6] Major News Summary - President Trump's upcoming announcement regarding reciprocal tariffs is expected to impact market sentiment significantly [9] - The uncertainty surrounding tariffs and tax cuts has led US companies to temporarily postpone spending plans, affecting investment expectations [9] - Germany's inflation rate has slowed more than expected, nearing the European Central Bank's target level, which may influence future monetary policy decisions [9] - The People's Bank of China conducted a 800 billion yuan reverse repurchase operation in March, indicating a cautious approach to liquidity management amid tariff threats [9] - Sales figures for China's top 100 real estate companies in March showed a year-on-year decline of 11%, reflecting weak demand in the market [9]

Market Overview - The US stock market indices experienced declines, with the Nasdaq showing the largest drop. President Trump announced a 25% tariff on all non-US manufactured cars, impacting market sentiment [6][9] - European stock markets showed mixed results, while the Hang Seng Index and the National Index both rose, with the Hang Seng Index showing a larger increase [6] - The Shanghai Composite Index and Shenzhen Component Index both fell, with the Shenzhen Component Index experiencing a more significant decline. The Consumer Discretionary Index led gains in the CSI 300, while the Financial and Real Estate indices lagged [6] Economic Data - Key economic indicators from the US included a 2.0% decrease in the weekly MBA mortgage application index and a 0.9% increase in durable goods orders for February, surpassing the market expectation of a 1.0% decline [7] - The non-defense capital goods orders (excluding aircraft) fell by 0.3%, while shipments in the same category increased by 0.9% [7] International Economic News - President Trump plans to impose reciprocal tariffs on all countries, indicating that the rates may be lower than expected. He confirmed a 25% tariff on all non-US manufactured cars [10] - The European Union's trade chief anticipates that the US will impose tariffs of around 20% on EU imports [10] - The Bank of Japan's governor reiterated the need for policy flexibility, while a Chinese central bank advisor indicated readiness to implement more stimulus measures if economic growth slows [10] Corporate News - Hong Kong property developer Chow Tai Fook reportedly avoided a loan default of $940 million and is planning to discuss refinancing with banks [10] - Apple CEO Tim Cook visited an AI center in Hangzhou, China, and announced a donation of 30 million RMB to Zhejiang University [10] - Vivo aims to increase its overseas sales proportion to 70% by 2027, as it seeks to expand globally in response to domestic market saturation [10] Stock Performance - The report includes a detailed table of stock performance for various companies listed in Hong Kong and mainland China, highlighting closing prices, dynamic P/E ratios, and price changes [11]

Market Overview - The US stock market indices rose, with the Nasdaq showing the largest increase. The Hang Seng Index and other indices in Hong Kong also experienced gains, particularly in the technology sector [6][8]. - The Shanghai Composite Index and Shenzhen Component Index both increased, with the Shanghai Composite showing a larger rise. The CSI 300 Index saw gains in most sectors except for healthcare [6][8]. Economic Data - Key economic indicators released include the Chicago Fed National Activity Index for February at 0.18, above the market expectation of -0.17, and the S&P Global US Services PMI for March at 54.3, exceeding the expected 51.1 [7]. - The Eurozone's HCOB Services PMI for March was reported at 50.4, slightly below expectations, while Japan's Jibun Bank Composite PMI was at 48.5, indicating contraction [7]. Major News - The US White House announced that the UAE plans to invest $1.4 trillion in the US over the next decade, focusing on sectors such as AI, infrastructure, and semiconductors [9][10]. - China's Ministry of Commerce is pushing for innovation in the pharmaceutical sector, encouraging foreign pharmaceutical companies to increase R&D investments in China [9][10]. - The China Securities Regulatory Commission plans to deepen the implementation of the stock issuance registration system and maintain a zero-tolerance policy against illegal activities in the securities and futures markets [9][10]. Company News - The China Council for the Promotion of International Trade met with Apple CEO Tim Cook to discuss enhancing cooperation and support for foreign enterprises in China [10]. - The first billion-ton shale oil field in mainland China has been confirmed, marking a significant breakthrough in oil and gas exploration [10]. - Hongmeng Zhixing's first vehicle model is expected to be officially launched within the year, with more details to be announced soon [10].

Core Insights - The report highlights a downward trend in major stock indices, with the Hang Seng Index closing at 24,219.95, down 2.23% for the day and up 3.23% over the past five days [2] - Economic indicators show mixed results, with the U.S. initial jobless claims remaining stable at 223,000, slightly below market expectations of 224,000 [8][10] - The report notes a rebound in U.S. existing home sales for February, which rose to an annualized rate of 4.26 million, exceeding expectations of 3.95 million [9][10] Economic Data Summary - U.S. initial jobless claims for March were reported at 223,000, compared to a previous value of 220,000 [8] - The number of individuals continuing to receive unemployment benefits in February was 1,892,000, slightly above the previous figure of 1,870,000 [8] - Japan's consumer price index year-on-year for February was reported at 3.7%, slightly above the expected 3.5% [8] - The U.K. unemployment benefit claimant rate for February was reported at 4.7%, up from 4.5% [8] Major News Summary - The Bank of England decided to maintain interest rates at 4.5%, with a more cautious stance from its dovish members [9][10] - U.S. President Trump announced plans to sign a rare earth agreement with Ukraine soon, indicating a focus on long-term resource extraction [9][10] - Chinese President Xi Jinping emphasized the importance of technological innovation in strengthening resource-based industries in Yunnan [9][10] - The Hong Kong Securities and Futures Commission announced a cap on IPO subscription financing for retail investors due to high demand [9][10] Company-Specific Insights - UBS is reportedly considering relocating its headquarters to avoid increased capital requirements imposed by Switzerland [10] - Evergrande Auto announced a delay in releasing its 2024 annual results, with plans to suspend trading from April 1 [10] - Wintime Technology plans to exit its product integration business, citing adverse impacts from U.S. sanctions [10] - GCL-Poly Energy expects a loss of approximately 4.8 billion yuan for 2024, significantly down from a profit of 2.5 billion yuan in 2023 [10]

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之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 交通銀行股份有限公司 Bank of Communications Co., Ltd. * 非執行董事 # 獨立非執行董事 （股份代號：03328） 公告 變更於香港接受法律程序文件及通知的授權代表 交通銀行股份有限公司（「本行」）謹此宣佈，朱斌先生（本行香港分行副行政總裁） 及范朝榮先生（本行香港分行副行政總裁）接替孟羽先生及張衛中先生獲委任為根 據香港聯合交易所有限公司證券上市規則第19A.13條及公司條例（香港法例第622 章）第16部規定，代表本行於香港接受法律程序文件及通知的授權代表，變更自 2025年3月3日起生效。於香港向本行送達法律程序文件及通知的地址為香港中環 畢打街二十號會德豐大廈一樓。 承董事會命 交通銀行股份有限公司 何兆斌 公司秘書 中國上海 2025年3月3日 於本公告發佈之日，本行董事為任德奇先生、張寶江先生、殷久勇先生、 周萬阜先生、李龍成先生*、汪林平先生*、常保升先生 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年2月28日 狀態: 新提交 | 2. 股份分類 | 普通股 | 股份類別 | A | | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 601328 | 說明 | A股 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 39,250,864,015 | RMB | | | 1 RMB | | 39,250,864,015 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 39,250,864,015 | RMB | | | 1 RMB | | 39,250,864,015 | | 3. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | 否 | | ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國銀行股份有限公司(「本公司」) | 4. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 360033 | 說明 | 第三期」) | 「境內優先股」：以人民幣認購和交易的人民幣73,000,000,000元、4.5厘非累積境內優先股(「境內優先股 | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 730,000,000 RMB | 100 | RMB | | 73,000,000,000 | | 增加 / 減少 (-) | | | 0 | | RMB | | 0 | | 本月底結存 | | | 730,000,000 RMB | 100 | RMB | | 73 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國工商銀行股份有限公司 呈交日期: 2025年3月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01398 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 86,794,044,550 | RMB | | 1 RMB | | 86,794,044,550 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 86,794,044,550 | RMB | | 1 RMB | | 86,794,044,550 | | 2. 股份分類 | 普通股 | 股份 ...