Core Viewpoint - The launch of the ChiNext 50 ETF-DR on November 25 marks a significant milestone in Sino-Thai capital market cooperation, being Thailand's first depository receipt linked to a Chinese ETF and the first Chinese ETF product to "go abroad" in depository receipt form [1] Group 1: Product Launch - The ChiNext 50 ETF-DR introduces the ChiNext 50 Index, which includes leading companies in China's technology and innovation sectors, providing Thai investors with a quality tool to invest in China's new economy [1] - The ChiNext 50 Index has shown strong performance, ranking among the top global stock indices in terms of growth this year [1] Group 2: Internationalization Efforts - The Shenzhen Stock Exchange (SZSE) has prioritized the internationalization of ChiNext products, successfully listing multiple ChiNext index products on over 10 exchanges worldwide, creating a cross-border product network across Asia, Europe, and South America [1] - The SZSE aims to enhance the international investment level of the ChiNext market and facilitate global investors in sharing the achievements of China's technological innovation through the launch of the ChiNext 50 ETF-DR [1]

Summary of Key Points Core Viewpoint - The A-share market experienced significant block trading activity on November 24, with a total transaction volume of 1.228 billion yuan, indicating active trading dynamics among various stocks [1]. Group 1: Block Trading Overview - A total of 76 stocks underwent block trading, with the highest transaction amounts recorded for Zhuoyi Information (91.95 million yuan), Ao Jie Technology-U (82.50 million yuan), and Jianghua Micro (75.32 million yuan) [1]. - Among the stocks traded, 11 were sold at par value, none at a premium, and 65 at a discount, highlighting a trend of discounted sales in the market [1]. - The stocks with the highest discount rates included Haitai New Energy (30.18%), Zhongchuang Co. (22.91%), and Juguang Technology (22.54%) [1]. Group 2: Institutional Buying Activity - The top stocks purchased by institutional special seats included Ao Jie Technology-U (60.09 million yuan), Shen Sanda A (47.85 million yuan), and Zhuoyi Information (46.65 million yuan) [2]. - Other notable purchases were made in Chenxin Pharmaceutical (29.98 million yuan), Zhongtian Rocket (26.52 million yuan), and Keli Er (23.66 million yuan) [2]. Group 3: Institutional Selling Activity - The leading stocks sold by institutional special seats were Zijin Mining (11.36 million yuan), Industrial Fulian (10.54 million yuan), and Sunshine Power (9.44 million yuan) [3]. - Additional significant sales included Xin Yisheng (8.94 million yuan) and Wanda Information (7.13 million yuan) [3].

Group 1 - A block trade occurred on November 21, 2025, for the company Silane Technology, listed on the Beijing Stock Exchange, with a closing price of 11.24 yuan per share [1] - The transaction price was 9 yuan per share, with a total volume of 120,000 shares, resulting in a transaction amount of 1.08 million yuan, reflecting a discount of 19.93% [1] - The buying brokerage was Everbright Securities Co., Ltd., while the selling brokerage was Caitong Securities Co., Ltd. [1]

Core Viewpoint - Southbound funds have reduced their holdings in Dingyi Group Investment (00508.HK) by 22,500 shares on November 20, with a total net reduction of 547,500 shares over the past five trading days and 1,449,500 shares over the past twenty trading days [1][2] Group 1: Shareholding Changes - As of November 20, 2025, Southbound funds hold a total of 33,223,500 shares of Dingyi Group Investment, representing 3.9% of the company's issued ordinary shares [1] - The shareholding changes over recent trading days include: - November 20: -22,500 shares (-0.07%) [2] - September 25: -75,000 shares (-0.23%) [2] - September 23: -55,000 shares (-0.16%) [2] - September 17: -320,000 shares (-0.95%) [2] - September 15: -75,000 shares (-0.22%) [2] Group 2: Company Overview - Dingyi Group Investment Limited primarily engages in loan financing, operating through four business segments: loan financing, property development, securities trading, and restaurant operations [2]

Core Insights - The Monetary Authority of Singapore (MAS) has announced significant measures to enhance the competitiveness of the Singapore stock market, including the establishment of a dual listing bridge between the Singapore Exchange (SGX) and Nasdaq [1][2] - A total of SGD 30 million will be allocated for the "Value Unlock" initiative aimed at improving the quality of listed companies [1] - The report indicates a positive trend in market activity, with a 16% year-on-year increase in average daily trading volume in Q3 2025 [2] Group 1: Dual Listing Mechanism - MAS aims to facilitate high-quality growth companies with Asian backgrounds to access both North American and Asian markets through a unified issuance document [1] - The dual listing mechanism is targeted at companies with a market capitalization of SGD 2 billion and above, expected to launch in mid-2026 [1] Group 2: Value Unlock Initiative - The "Value Unlock" plan will be funded by SGD 30 million from the Financial Sector Development Fund (FSDF) to help listed companies enhance their strategic capabilities and investor relations [1] - This initiative is designed to improve communication of value to the market and strengthen relationships with investors [1] Group 3: Asset Management and Investment Strategies - MAS has appointed a second batch of asset managers under the "Stock Market Development Plan," allocating a total of SGD 28.5 billion to various institutions [2] - The plan aims to attract a broader range of investors into the Singapore stock market and support quality new stock issuances [2] Group 4: Market Structure Optimization - SGX plans to reduce the trading unit for securities priced above SGD 10 from 100 shares to 10 shares to lower the investment threshold for retail investors [2] - Additional measures include promoting brokerage custodial accounts and introducing market-making incentives for mid-cap stocks outside the Straits Times Index (STI) [2]

每经讯，2025年11月19日，北交所上市公司宏远股份（920018，收盘价：30.44元）发生一笔大宗交易，成交价29.68元/股，成交 数量30万股，成交金额890.4万元，折价2.5%。买入营业部是机构专用，卖出营业部是中国中金财富证券有限公司铁岭银州路证 券营业部。 | | | | 20251119宏远股份(920018)大宗交易 | | | NED 数据 | | --- | --- | --- | --- | --- | --- | --- | | 公司简称 | 成交价 * | 成交数量 * | 成交金额 * | 折溢价 * | 买入营业部 | 卖出营业部 | | | (元/股) | (股) | (元) | ( % ) | | | | 宏远股份 | 29.68 | 30万 | 890.4万 | -2.50 | 机构专用 | 中国中金财富证券有限公司 铁岭银州路证券营业部 | （记者 曾健辉） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 每日经济新闻 ...

编导：季晓庄 【纠错】 【责任编辑:刘子丫】 记者：刘慧 新华社音视频部制作 ...

Core Insights - A block trade occurred for Hechang Polymer (stock code: 920089) on November 17, 2025, at a price of 14 CNY per share, representing a discount of 28.79% from the closing price of 19.66 CNY [1] Group 1 - The transaction involved 243,400 shares, amounting to a total value of 3.408 million CNY [1] - The buying brokerage was HuLong Securities Co., Ltd., while the selling brokerage was CITIC JianTong Securities Co., Ltd. [1]

13万亿元——北交所累计发行国债超13万亿元，服务地方政府债发行超9900亿元。 90%——北交所开市以来，超九成上市公司实施分红，累计分红198.60亿元，16家公司的分红金额已超 过上市募集资金总额。 50%——2025年以来，北证50指数累计涨幅约50%。 950万户——北交所合格投资者较2024年初增长40%，总数近950万户，市场各方参与热情明显高涨。 300亿元——2025年上半年北交所日均成交额近300亿元，市场生态持续向好。 282家——北交所上市公司共有282家，截至11月14日收盘，总市值突破9000亿元。 600亿元——北交所上市公司累计融资超600亿元，平均每家融资约2亿元。 80%——北交所上市公司中，中小企业占比近八成，国家级专精特新"小巨人"企业占比超一半。 82.44%——2025年前三季度北交所公司平均营业收入5.2亿元，同比增长5.99%；平均净利润3298.57万 元，盈利面达82.44%。 本报记者 杨洁 整理 ...

（原标题：沙特交易所CEO穆罕默德·艾·鲁迈赫接受证券时报记者专访时表示： 中国在AI等领域吸引了 全球资本 中沙资本市场的合作进展令人鼓舞） 证券时报记者 马静 "中国在许多行业，尤其是高科技领域，居于领先地位。我们期待在互补性产业方面深化合作。"在近日 举办的中信建投证券2026年资本市场峰会暨中国—沙特投资合作论坛上，沙特交易所首席 执行官 （CEO）穆罕默德·艾·鲁迈赫（Mohammed Al Rumaih）接受证券时报记者专访时，兴致盎然地邀请中国 投资机构共同参与沙特资本市场。 谈及中国与沙特资本市场的合作前景，穆罕默德·艾·鲁迈赫透露了多项有关两地交易型开放式指数基金 （ETF）合作与企业交叉上市的关键进展，并表示可以着力推动人工智能（AI）产业方面的合作。 两地交叉上市迎关键进展 这是穆罕默德·艾·鲁迈赫在3年内第五次到访中国，行程安排得非常紧凑。在主论坛致辞结束后不久，他 就奔赴北京证券交易所进行交流，随后接受了证券时报记者专访。专访结束后，他又赶着去参加下一场 会议。 据了解，此次跟穆罕默德·艾·鲁迈赫同行的还有部分沙特上市公司和资管机构的工作人员。 "我们非常高兴能来到这里，共同推动沙特 ...