Group 1: Hong Kong Stock Exchange Developments - Hong Kong Stock Exchange (HKEX) has released a discussion paper regarding the potential transition to a T+1 settlement cycle for the secondary stock market, which aims to reduce capital occupation and enhance market liquidity [1][2] - The discussion paper indicates that the transition to T+1 settlement presents both benefits and challenges, with the goal of improving the efficiency of the trading environment for investors [1] Group 2: Market Financing Activities - In the first half of the year, the Hong Kong stock market has seen a total refinancing amount of HKD 173.8 billion, representing a year-on-year increase of 227%, surpassing the total refinancing amounts of the previous three years [2] - Initial Public Offerings (IPOs) in the same period raised HKD 105.5 billion, indicating that refinancing activities were nearly two-thirds higher than IPO fundraising [2] - Placement has emerged as the primary method for refinancing, accounting for HKD 135.8 billion or 78% of the total refinancing amount [2] Group 3: Company Listings - Xilei Co., Ltd. plans to issue H-shares and list on the HKEX to enhance its international brand image and competitiveness as part of its global strategy [3] - Dahua Technology has announced the intention to spin off its subsidiary, Zhejiang Huirui Technology, for a listing on the Hong Kong Stock Exchange, focusing on machine vision and mobile robotics [4] - This move is expected to broaden the financing channels for Huirui Technology and strengthen its international brand presence [4] Group 4: Market Performance - As of July 16, the Hang Seng Index closed at 24,517.76, reflecting a decrease of 0.29% [5] - The Hang Seng Tech Index and the National Enterprises Index also experienced slight declines of 0.24% and 0.18%, respectively [5]

长江商报奔腾新闻记者 徐佳 大华股份（002236.SZ）持续推进创新业务子公司独立上市。 本次将华睿科技调整至香港联交所上市，大华股份也有着进一步开拓国际市场、提升全球知名度考量。 目前，大华股份已在全球各大洲的主要国家投资建立了68个海外分子公司，产品服务覆盖全球180多个 国家和地区。 2024年，大华股份在境外市场实现营业收入162.94亿元，同比增长6.31%，占营业收入的比例为 50.63%，已超过境内市场收入规模。 作为一家专注机器视觉与移动机器人业务的科技企业，华睿科技致力通过工业互联的感知、算法、方案 和丰富应用，为下游用户提供完整链路的产品解决方案和系统服务。 截至2024年末，华睿科技累计申请专利500+，其中发明专利300+，在嵌入式软件、图像优化、识别算 法、网络传输、导航定位、调度及运动控制等11个重点技术领域，实现专利布局。 大华股份认为，本次分拆上市将有利于华睿科技进一步提升多渠道融资能力和品牌效应，通过加强资源 整合能力和产品研发能力形成可持续竞争优势，充分利用资本市场，把握市场发展机遇，以推进智能制 造为方向，延续与制造业深度融合的创新发展模式，布局和渗透更多行业，为制造业 ...

大华股份：控股子公司华睿科技拟调整至香港联交所上市 智通财经7月15日电，大华股份(002236.SZ)公告称，公司于2025年7月15日召开董事会，同意控股子公 司华睿科技的拟上市地点由境内证券交易所调整为香港联交所，并授权公司及华睿科技管理层开展前期 筹备工作。华睿科技是一家专注于机器视觉与移动机器人业务的科技企业，本次分拆上市将有利于其进 一步提升融资能力和品牌效应。但需注意，该事项尚处于筹划阶段，存在不确定性。 ...