Group 1 - The Hong Kong Stock Connect Dividend Low Volatility ETF (159118) experienced a fluctuation, currently down approximately 0.6%, with most holdings declining, while only a few, such as China CNR Corporation, Beijing Enterprises, and VTech Holdings, showed gains [1] - According to Shenwan Hongyuan Securities, the risk factors for insurance companies' related businesses have been lowered, allowing for significant equity allocation space, estimated to be in the hundreds of billions, as insurance funds increase their equity allocation ratio [1] - The historical long-term performance of the S&P Hong Kong Stock Connect Low Volatility Dividend Index is notable, with a cumulative increase of 102.23% and an annualized return exceeding 16% since 2021, significantly outperforming the Hang Seng Index and other related indices [1] Group 2 - The Hong Kong Stock Connect Dividend Low Volatility ETF (159118) closely tracks the S&P Hong Kong Stock Connect Low Volatility Dividend Index, focusing on large-cap value stocks, providing investors with low fees (management and custody fees only 0.2%) and high efficiency (T+0 trading) [2] - The ETF allows for quarterly assessments and profit distributions, with arrangements for profit distribution when conditions are met [2]

格隆汇12月5日丨瑞鑫国际集团(00724.HK)公告，集团主要从事制造及买卖电子及电器零件及组件。由 于全球经济环境疲软、世界性的关税保护问题、利率上调、行业的快速进步、发展及激烈竞争以及集团 的财务状况欠佳，集团的业务营运已受到重大影响。尽管如此，公司已设立一个新的营运部门，以买卖 电子及电器零件及组件及／或产品，及获取新的销售订单。 公司将继续与其专业顾问紧密合作并采取适当措施以履行复牌指引，并将于适当时告知公司股东及潜在 投资者有关复牌进度的状态的最新情况。继续暂停买卖。 ...

● 本报记者 昝秀丽 12月4日，最高人民法院民二庭庭长王闯在最高法召开的新闻发布会上表示，最高法当日发布7个人民法 院依法平等保护民营企业合法权益典型民商事案例。王闯表示，依法规范金融机构行为，助力破解民营 企业融资难、融资贵问题；坚持法不溯及既往原则，平等保护国企、民企合法权益；依法维护股东有限 责任制度，增强民营企业投资创业信心；依法创新执行举措，维护民营企业信用。 全国工商联法律服务部部长涂文在回答中国证券报记者提问时表示，下一步，全国工商联将与最高法持 续加强沟通协作、同向发力，进一步发挥桥梁纽带作用，为法治护航民营经济持续健康高质量发展做出 积极贡献。 依法规范金融机构行为 王闯介绍，7个典型案例，地域分布覆盖东、中、西部地区，审理层级包括从基层法院到最高法的四级 法院，内容涵盖融资环境优化、股东有限责任激活、历史遗留问题处置、企业名誉信用保护等多个方 面。案例较好地反映了人民法院在依法平等保护民营企业合法权益方面的最新工作进展。 "依法规范金融机构行为，助力破解民营企业融资难、融资贵问题。"王闯介绍，例如，在"某银行诉某 房地产开发公司等金融借款合同纠纷一案"中，银行在发放3.5亿元贷款前，向企 ...

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling 1.28% to close at 25,760.73 points, marking a loss of 334.32 points. The total trading volume was 164.36 billion HKD [1] - The Hang Seng China Enterprises Index dropped 1.68% to 9,028.55 points, while the Hang Seng Tech Index fell 1.58% to 5,534.92 points [1] Blue Chip Performance - Techtronic Industries (00669) led the blue-chip stocks, rising 3.15% to 94.9 HKD, contributing 6.66 points to the Hang Seng Index. Citigroup initiated a 30-day positive catalyst observation for the company [2] - Other notable blue-chip movements included WH Group (00288) up 1.8% to 8.47 HKD, while China Life (02628) fell 3.59% to 26.32 HKD, dragging the index down by 11.43 points [2] Sector Highlights - Precious metals and copper-aluminum sectors saw gains amid rising expectations for Federal Reserve interest rate cuts. Bitcoin reached a two-week high, boosting some cryptocurrency stocks [3] - The automotive sector continued to decline, with companies like XPeng Motors (09868) down 4.25% and GAC Group (02238) down 2.35%, reflecting weak market demand [4] Cryptocurrency Stocks - Several cryptocurrency-related stocks rose, including Boyaa Interactive (00434) up 5.19% and New Horizon Health (01611) up 2.3%, driven by increasing Bitcoin prices and a shift in institutional attitudes towards cryptocurrency [4] New Listings - Two new stocks debuted, with Lemo Technology (02539) surging 36.25% to 54.5 HKD, and Jinyan Kaolin New Materials (02693) rising 2.19% to 7.46 HKD. Lemo Technology is ranked first in the Chinese massage service market by transaction volume [5][6] Notable Corporate Announcements - Longpan Technology (02465) saw a significant increase of 12.21% to 16.54 HKD after announcing a long-term procurement agreement with Sunwoda for lithium iron phosphate cathode materials, expected to generate sales of approximately 4.5 to 5.5 billion CNY [7] - China Pacific Insurance (02328) continued to decline, down 4% to 17.04 HKD, amid rumors regarding the status of its executives [9]

小车间承载大民生 湖南江华55家企业让移民挣钱顾家两不误 在涔天河镇移民安置点，精鑫电子、锦鸿电机等多家企业陆续投产，建成的移民工厂已提供近300个就 业岗位，让移民群众实现"楼上居住、楼下上班"的便捷生活。 据悉，因涔天河水库扩建，江华共有2.8万余名移民搬出大山，在沱江、水口、涔天河、码市等乡镇集 中安置。为推动移民"稳得住、有就业、能致富"，该县将移民安置与产业振兴深度融合，近3年累计投 入移民后期扶持资金7697万元，建成标准厂房5万余平方米，成功引进企业55家，累计提供就业岗位约 3500个。 一个个"微车间"化身就业"大引擎"，不仅让移民群众实现增收致富，更破解了"留守老人""留守儿童"等 社会难题，为乡村振兴注入持续动力。如今，在江华，越来越多的移民群众在家门口找到满意工作，实 现了"挣钱顾家两不误"的美好愿景。(完) 来源：中国新闻网 编辑：熊思怡 中新网永州11月22日电 (黄春华 杨露)"每月能拿四五千元，还能照顾老人孩子，厂里工资发放也准时， 现在日子挺舒心。"在湖南江华瑶族自治县水口镇产业园区的兆锋电机生产车间内，工人梁海玉一边忙 碌一边说道。 作为当地重点引进企业，兆锋电机订单稳定， ...

Group 1 - The competition "Data Element Empowering New Industrialization" was held from November 5 to November 7, organized by the Ministry of Industry and Information Technology and the China Electronics Standardization Institute, focusing on the deep application of data elements in the industrial sector [1][3] - Sichuan Changhong Electronic Holdings Group won second prizes in two categories: "Industrial High-Quality Data Set Construction and Application" and "Industrial Data Circulation Utilization" [1][3] - The competition attracted over 300 central and state-owned enterprises and universities, aiming to promote industrial product data standardization and interconnectivity, and explore paths for industrial data space construction [3] Group 2 - Changhong's "Digital Management Center Project" serves as a core support for digital transformation, utilizing a "data + AI" dual-driven decision-making model to establish high-quality data sets and intelligent applications for decision support [3] - The "Intelligent Manufacturing Supply Chain Collaborative Trusted Data Space Pilot Project" focuses on breaking down data barriers between upstream and downstream enterprises, promoting data sharing and efficient utilization throughout the supply chain [3] - In the future, Changhong plans to continue optimizing its digital management center and trusted data space, leveraging the "data + AI" dual-driven approach to enhance digital practices and facilitate interconnectivity across enterprises and industries [4]

Core Viewpoint - The article highlights the resilience of Jianyi Group (0638.HK) amidst the challenges faced by other high-value technology stocks, suggesting it may present a potential investment opportunity due to its focus on core manufacturing operations and the cessation of unprofitable ventures [1][6]. Company Overview - Jianyi Group, established in 1981, initially started as a toy manufacturer and expanded into electronics and electrical products in 1992. The company went public in 1997 and has since diversified into micro-motor production and artificial intelligence products [2]. - The company’s production bases are primarily located in Shenzhen and Shixing, Guangdong Province, with additional operations in Dushan, Guizhou. Shenzhen focuses on high-value robotic products, while Shixing supports toy and electronic product manufacturing [2]. Financial Performance - Jianyi Group's revenue has shown a steady increase since 2013, driven by growth in the manufacturing sector [3]. - Despite revenue growth, the company has reported negative net profits in the past two years, primarily due to losses from non-manufacturing ventures, including a real estate project in Guizhou and resource development, which have been terminated [4][5]. Business Strategy - The company has maintained a focus on its core business areas of electronics, electrical products, toys, and motors for 30 years. Non-manufacturing ventures have not yielded profits and have led to losses, but these unprofitable operations have now been ceased [5]. - Jianyi Group announced a turnaround in its financial performance, projecting a return to profitability for the fiscal year ending March 2018, with results expected to be released on June 28, 2018 [5]. Future Outlook - The company is expected to enter a recovery phase for its non-manufacturing business, with the real estate sector anticipated to yield returns starting in 2018 [6]. - The chairman and major shareholder, Zheng Chujie, holds over 65% of the company's shares, which may provide stability against short-selling pressures [6].

Core Viewpoint - Empire Financial Group announced a financing plan through the placement of new shares, aiming to raise approximately HKD 0.18 billion after expenses [1] Group 1: Financing Details - The company plans to issue 46,680,000 shares at a price of HKD 0.388, representing a discount of about 19.17% compared to the previous trading day's closing price of HKD 0.480 [1] - The placement shares will account for approximately 20.00% of the existing issued share capital and about 16.67% of the enlarged share capital post-issuance [1] Group 2: Use of Proceeds - Approximately HKD 0.07 billion will be allocated for general working capital [1] - Around HKD 0.06 billion is designated for further development of financial services [1] - About HKD 0.05 billion will be used for the development and investment in Web 3.0 projects [1] Group 3: Company Overview - Empire Financial Group is an investment holding company engaged in various sectors including lending, securities and futures brokerage, asset management, thoroughbred investment, portable electronic and home appliance production and sales, and cryptocurrency mining [1]

Group 1 - Nanshan Aluminum International (02610.HK) expects a mid-term net profit of approximately $225 million to $265 million for the six months ending June 30, 2025, compared to a net profit of about $159 million for the same period ending June 30, 2024 [1] - The increase in net profit is primarily attributed to an improvement in gross margin, driven by higher alumina prices and relatively stable unit production costs [1] - The average selling price of the company's products for the first half of 2025 is expected to be around $530 per ton, up from approximately $387 per ton in the first half of 2024, but lower than $561 per ton in the second half of 2024 [1] Group 2 - TCL Electronics (01070.HK) anticipates a year-on-year adjusted net profit growth of approximately 45% to 65% for the first half of 2025 [2] - Renrui Talent (06919.HK) expects a mid-term profit attributable to equity holders to increase by 66.7% to 94.1% [2] - China Rare Earth Holdings (03788.HK) reports an increase in total gold resources to 5.07 million ounces [2]

Core Viewpoint - The Export-Import Bank of China, led by Chairman Chen Huaiyu, is strengthening support for TCL in response to its operational needs and recent market conditions, aiming to enhance business cooperation and contribute to national strategic goals and high-quality economic development [1] Group 1 - The meeting took place on June 5, where Chen Huaiyu and TCL's founder and chairman, Li Dongsheng, discussed financial tool recommendations tailored to TCL's business characteristics [1] - The Export-Import Bank is committed to providing targeted support to TCL, focusing on its urgent needs [1] - The collaboration aims to create a win-win scenario for both the bank and TCL, enriching business cooperation opportunities [1]