Market Overview - The Hang Seng Index is constrained by the March high of 24,874 points, with expectations for new financial policies from mainland China to stabilize the market, including reserve requirement ratio cuts and interest rate reductions [2] - The recent US-China trade negotiations have led to a temporary reduction in tariffs, but ongoing tensions may affect future agreements [2] - The Hang Seng Index's valuation has returned to reasonable levels, requiring significant positive developments in trade agreements and corporate earnings to maintain upward momentum [2] Sector Outlook - Gold mining stocks are favored due to ongoing geopolitical tensions and central banks continuing to increase their gold holdings [3] Macro Focus - Chinese Premier Li Qiang emphasized the importance of innovation-driven development and expanding effective demand during his recent research trip [4] - The People's Bank of China announced eight significant financial policies aimed at enhancing the financial market and supporting offshore trade [8] - The China Securities Regulatory Commission introduced further reforms to enhance the inclusivity and adaptability of the capital market, particularly focusing on the Sci-Tech Innovation Board [8][9] Company News - JD Group reported better-than-expected growth in its food delivery business, with plans to launch six innovative projects [4] - Several companies, including AI startup Xiyu Technology, are planning to list in Hong Kong [4] International Market Outlook - The US Federal Reserve maintained interest rates, with expectations of two rate cuts later in the year, reflecting a cautious approach to inflation risks [4] - The ongoing geopolitical tensions, particularly regarding Iran, may impact market stability, while OPEC+ is expected to limit upward pressure on oil prices [4][6]

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佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就因本公佈全部或 任何部分內容而產生或因倚賴該等內容而引起之任何損失承擔任何責任。 本公佈僅供參考，並不構成收購、購買或認購本公司任何證券之邀請或要約。 滙盈控股有限公司 （於香港註冊成立之有限公司） （股票代號：821） 網址：http://www.vcgroup.com.hk (I)根據一般授權發行可換股債券 及 (II)有關可能投資項目之諒解備忘錄 (I) 認購事項 第一認購協議 於二零二五年六月十三日（交易時段後），本公司與第一認購人訂立第一認 購協議，據此，本公司殷切發行而第一認購人殷切認購本金額為3,000,000 港元之第一可換股債券。第一可換股債券按票息率每年1%計息，到期日為 2年，並可按換股價每股換股股份0.04港元轉換為不多於75,000,000股換股 股份。 第二認購協議 於二零二五年六月十三日（交易時段後），本公司與第二認購人訂立第二認 購協議，據此，本公司殷切發行而第二認購人殷切認購本金額為2,000,000 港元之第二可換股債券。第二可換股債券按票息率每 ...