Core Viewpoint - The company expects to report a net profit of no more than HKD 3 million for the first half of 2025, while anticipating a loss of approximately HKD 12 million for the period ending September 30, 2024 [1] Financial Performance - For the first half of 2025, the company anticipates a profit attributable to owners of the company of no more than HKD 5 million, compared to a loss of about HKD 8.9 million for the first half of 2024 [1] - The expected turnaround from loss to profit in the first half of 2025 is primarily attributed to various factors affecting its business segments [1] Business Segments - The timber supply chain business is expected to incur losses due to weak demand in the Chinese real estate market, geopolitical instability, uncertainties in U.S. tariff policies, pressure on marginal profits, soaring operational costs in Europe, and impairment losses on certain trade receivables [1] - The lending business is also projected to record losses, mainly due to a reduction in the scale of its loan portfolio leading to decreased income, along with impairment losses on receivables and foreclosed assets [1] - These losses are expected to be offset by net fair value gains on financial assets measured at fair value through profit or loss, as well as gains from the sale of such financial assets [1]

Core Viewpoint - The company expects to report a net profit of no more than 3 million HKD for the first half of 2025, following a projected loss of approximately 12 million HKD for the period ending September 30, 2024 [1] Financial Performance - For the first half of 2025, the company anticipates a profit attributable to shareholders of no more than 5 million HKD, compared to a loss of about 8.9 million HKD for the first half of 2024 [1] - The expected turnaround to profitability in the first half of 2025 is primarily attributed to various factors affecting its business segments [1] Business Segments - The timber supply chain business is expected to incur losses due to weak demand in the Chinese real estate market, geopolitical instability, uncertainties in US tariff policies, pressure on marginal profits, soaring operational costs in Europe, and impairment losses on certain trade receivables [1] - The lending business is also projected to record losses, mainly due to a reduction in the scale of its loan portfolio leading to decreased income, along with impairment losses on receivables and foreclosed assets [1] - These losses are expected to be offset by net fair value gains on financial assets measured at fair value through profit or loss, as well as gains from the sale of such financial assets [1]

Core Viewpoint - Long Win Group (Holdings) Limited (00689) has entered into a loan agreement to provide NZD 2 million (approximately HKD 8.8 million) to Sequoia Development Limited, with a repayment term of twelve months [1] Group 1: Loan Agreement Details - The loan agreement is established between EPI ESG Investment (New Zealand) Limited, a wholly-owned subsidiary of the company, and Sequoia Development Limited, along with guarantor Mr. Chen Yiming [1] - The lender is a licensed creditor registered as a financial service provider in New Zealand, primarily engaged in providing financial services [1] Group 2: Business Strategy - The company aims to expand its income sources through lending activities by leveraging its business network to develop stable loan transaction sources [1] - The target clientele for the lending business includes individuals and corporate entities with short-term funding needs who can provide sufficient collateral, ideally in the form of quality properties and assets [1]

格隆汇11月12日丨新世纪集团(00234.HK)公布，集团预期截至2025年9月30日止六个月将录得公司拥有 人应占亏损不多于2000万港元(2024年：亏损约400万港元)。亏损增加乃主要由于以下因素：(i)随着对 所有贷款申请采取收紧借贷措施，导致集团之贷款组合下跌，令放债业务溢利减少；(ii)集团于香港之 投资物业(主要是商业零售单位)之公平价值亏损增加；及(iii)上市股权投资之公平价值收益及股息收入 减少。 ...

Core Viewpoint - New Century Group (00234) anticipates a loss attributable to shareholders of no more than HKD 20 million for the six months ending September 30, 2025, compared to a loss of approximately HKD 4 million in 2024 [1] Summary by Relevant Categories Financial Performance - The expected loss for the upcoming period is significantly higher than the previous year's loss, indicating a deterioration in financial performance [1] - The company reported a decrease in its loan portfolio due to tightened lending measures, which has led to reduced profits from lending activities [1] Investment Property - There has been an increase in the fair value loss of the company's investment properties in Hong Kong, primarily affecting commercial retail units [1] Equity Investments - The fair value gains and dividend income from listed equity investments have decreased, contributing to the overall expected loss [1]

Core Viewpoint - New Century Group (00234) anticipates a loss attributable to shareholders of no more than HKD 20 million for the six months ending September 30, 2025, compared to a loss of approximately HKD 4 million in 2024 [1] Summary by Relevant Categories Financial Performance - The expected loss has increased primarily due to tightened lending measures on all loan applications, resulting in a decline in the loan portfolio and reduced profitability from lending activities [1] - The fair value loss of investment properties in Hong Kong, mainly commercial retail units, has increased [1] - There has been a decrease in fair value gains and dividend income from listed equity investments [1]

Core Viewpoint - Southbound funds have significantly reduced their holdings in Jingji Financial International (01468.HK), indicating a bearish sentiment towards the company in recent trading days [1][2]. Summary by Sections Southbound Fund Holdings - On November 3, southbound funds reduced their holdings by 560,000 shares of Jingji Financial International [1]. - Over the past five trading days, there has been a total net reduction of 3,692,000 shares [1]. - In the last 20 trading days, the cumulative net reduction reached 19,668,000 shares [1]. - Currently, southbound funds hold 968 million shares, which accounts for 55.71% of the company's total issued ordinary shares [1]. Trading Data - The total number of shares held as of November 3 is 968 million, with a decrease of 560,000 shares, reflecting a change of -0.06% [2]. - On October 31, the reduction was 1,642,000 shares, representing a -0.17% change [2]. - Other notable reductions include 330,000 shares on October 30 and October 28, both showing a -0.03% change, and 830,000 shares on October 27, with a -0.09% change [2]. Company Overview - Jingji Financial International is primarily engaged in insurance business as an investment holding company [2]. - The company operates through seven divisions, including insurance brokerage, insurance technology, network and investment, fur sales, securities, lending, and asset management [2].

Group 1 - The core point of the news is that southbound funds have been reducing their holdings in Jingji Financial International (01468.HK), with a total net reduction of 2.62465 million shares over the past 20 trading days, indicating a consistent trend of selling [1][2]. - As of October 28, 2025, southbound funds hold 970 million shares of Jingji Financial International, which represents 55.85% of the company's total issued ordinary shares [1][2]. - The daily changes in shareholding show a decrease of 330,000 shares on October 28, 2025, reflecting a change of -0.03% [2]. Group 2 - Jingji Financial International is primarily engaged in insurance business and operates through seven divisions, including insurance brokerage, insurance technology, network and investment, fur, securities, lending, and asset management [2]. - The insurance brokerage division provides insurance brokerage services, while the insurance technology division focuses on developing smart insurance business platforms and IT services [2]. - The securities division offers services such as brokerage, margin financing, underwriting, and advisory services [2].

Group 1 - The core point of the news is that southbound funds have been reducing their holdings in Jingji Financial International (01468.HK), with a total net reduction of 3.733 million shares over the last five trading days and 26.1055 million shares over the last 20 trading days [1][2] - As of now, southbound funds hold 971 million shares of Jingji Financial International, accounting for 55.92% of the company's total issued ordinary shares [1][2] - The daily changes in shareholding show a consistent decrease, with the most recent reduction being 120,000 shares on October 24, 2025, representing a change of -0.01% [2]

Core Points - Southbound funds reduced their holdings in Jingji Financial International (01468.HK) by 570,000 shares on October 22, 2025, marking a continuous reduction over the past five trading days with a total net reduction of 7,073,000 shares [1] - Over the last 20 trading days, southbound funds have consistently reduced their holdings, totaling a net reduction of 27,965,500 shares [1] - As of now, southbound funds hold 972 million shares of Jingji Financial International, representing 55.94% of the company's total issued ordinary shares [1] Summary by Category Shareholding Changes - On October 22, 2025, the total shareholding was 972 million shares, with a decrease of 570,000 shares, reflecting a change of -0.06% [2] - On October 21, 2025, the shareholding decreased by 1,760,000 shares, a change of -0.18% [2] - The shareholding changes over the past five trading days include reductions of 1,760,000 shares on October 21, 109,300 shares on October 20, 186,000 shares on October 17, and 179,000 shares on October 16 [2] Company Overview - Jingji Financial International is primarily engaged in insurance business as an investment holding company, operating through seven divisions [2] - The divisions include insurance brokerage, insurance technology, network and investment, fur sales, securities, lending, and asset management [2]