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，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 JINHUI HOLDINGS COMPANY LIMITED 金輝集團有限公司 （於香港註冊成立之有限公司） 股份代號 : 137 本公司股東及有意投資者於買賣本公司股份時務請審慎行事。 承董事會命 金輝集團有限公司 主席 吳少輝 香港，2025年8月26日 於本公佈日期，金輝集團有限公司之執行董事為吳少輝、吳錦華、吳其鴻及何淑蓮；及金輝 集團有限公司之獨立非執行董事為崔建華、徐志賢及邱威廉。 海外管制公佈 JINHUI SHIPPING AND TRANSPORTATION LIMITED 截至2025年6月30日止季度及六個月之 第二季度及半年度報告 本海外管制公佈乃金輝集團有限公司（「本公司」）根據香港聯合交易所有限公司證 券上市規則第13.09條及第13.10(B)條及香港法例第571章證券及期貨條例第XIVA部 之規定而發出。 請參閱隨附本公司擁有約55.69%權益之附屬公司Jinhui Sh ...

港股點評 2025年8月22日9:30 a.m 恒指跌 61 點，滬指升 4 點，標普 500 跌 25 點 金管局通過貼現窗口向銀行提供 7,700 萬元流動性，美科技股續回吐，港股進 入業績高峰期，大市偏軟，恒指高開 50 點後反覆下跌，午後曾跌 165 點低見 25,000 點，尾市跌幅收窄，全日跌 61 點或 0.2%，收 25,104 點；國指跌 38 點或 0.4%，收 8,974 點；恒生科技指數跌 42 點或 0.8%，收 5,498 點。大市全日成交 總額 2,394.87 億元。 人民銀行 21 日公開市場開展 2,530 億元人民幣七天期逆回購操作，操作利率持 平於 1.4%。有 1,287 億元逆回購到期，單日淨投放 1,243 億元。人民幣兌美元中 間價上調 97 點至 7.1287。A 股三大指數早市穩升，午後個別發展。滬指全日收 報 3,771 點，升 4 點或 0.1%，成交額 9,977 億元；深證成指收報 11,919 點，跌 6 點或 0.06%，成交額 1.43 萬億元；創業板指收報 2,595，跌 12 點或 0.5%，成交 額 6,480 億元。 美國 8 月次周首 ...

Core Viewpoint - China COSCO Shipping Holdings (中遠海控) is currently in a strong upward trend, supported by various technical indicators, but there are signs of overbought conditions that suggest caution for investors when chasing higher prices [1][6]. Technical Analysis - The stock closed at HKD 14.94 with a daily increase of 0.54%, and a trading volume of HKD 677 million, indicating a continuation of its bullish trend [1]. - Short-term support levels are at HKD 12.5 and HKD 13.7, while resistance levels are at HKD 15.5 and HKD 17. The current price is close to the first resistance level, and a successful breakout could lead to higher levels [3]. - The moving averages for 10-day, 30-day, and 60-day are HKD 14.28, HKD 12.44, and HKD 12.2 respectively, with the current price significantly above these averages, indicating a bullish arrangement [3]. - The overall technical signal is a "strong buy" with a strength rating of 18 points, suggesting that most technical models agree on the continuation of the upward trend [5]. Overbought Indicators - The RSI index is at 80, indicating a strong buying momentum but also potential risks due to overbought conditions. Other indicators like the Williams and CCI are also in the overbought zone, suggesting short-term pressure or corrections may occur [5]. - The stochastic oscillator shows a sell signal, while the ADX indicator is neutral, indicating that the trend remains valid but may require new catalysts for further acceleration [5]. - Additional indicators such as the psychological line and volatility indicators lean towards sell signals, reflecting a potential market sentiment overheating [5]. Overall Summary - China COSCO Shipping Holdings is in a strong upward channel, with most technical indicators supporting further upward potential. However, the continuous rise and multiple overbought signals increase short-term risks. Investors are advised to maintain a bullish outlook while setting appropriate risk control points to avoid profit-taking due to market sentiment reversals [6].

Core Viewpoint - The stock price of China COSCO Shipping Holdings (1919) has shown strong upward momentum, with a current price of 14.48 HKD and a peak of 14.54 HKD during the trading session, approaching the upper Bollinger Band of 14.81 HKD [1][3]. Technical Analysis - The stock has maintained a "strong buy" signal, with 8 buy signals, 7 sell signals, and 3 neutral signals noted [3][6]. - The price has consistently risen since mid-April, with a significant breakout above the weekly Bollinger Band top of 13.73 HKD [3]. - Key resistance levels are identified at 14.6 HKD (Resistance 1) and 16.2 HKD (Resistance 2), while support levels are at 13.1 HKD (Support 1) and 12.1 HKD (Support 2) [6]. Derivative Instruments - The UBS call option (27472) with a strike price of 14.5 HKD offers a leverage of 4.3 times, while the HSBC call option (27475) provides a leverage of 4.5 times, both having favorable implied volatility [8]. - The performance of related warrants has been positive, with the underlying stock rising by 0.99% on May 16, and the UBS and HSBC warrants increasing by 8% and 7%, respectively [7]. Market Sentiment - Investors are speculating whether the stock can break through the 14.6 HKD level or if it will first undergo a correction to alleviate overbought pressure, indicating a cautious yet optimistic market sentiment [11].

Company Recommendations - Leap Motor (9863) is recommended for purchase with a current price of 54.85 HKD and a short-term target price of 60.00 HKD, indicating a potential upside of 13.6% [2][9] - The company has seen a strong response to the launch of its SUV B10, with over 20,000 orders in the first month, which is expected to positively impact its Q2 2025 performance [9] - Leap Motor has formed strategic partnerships with international automotive group Stellantis and domestic giant FAW Group, enhancing its market position and potential for future growth [2][9] Financial Performance - Leap Motor's Q4 2024 results met market expectations, with revenue and net profit turning positive for the first time at 80 million RMB, achieving a gross margin of 13.3%, the highest since its inception [9] - The company has raised its sales guidance for 2025 from 500,000 to 500,000-600,000 units, projecting an annual growth of 87% based on a midpoint estimate of 550,000 units [9] - The first quarter of 2025 saw a year-on-year increase in deliveries by 1.6 times to 87,552 units, representing 16% of the updated annual sales guidance [9] Market Outlook - The market anticipates a compound annual growth rate (CAGR) of 49% for Leap Motor's revenue from FY24 to FY27, with the current price corresponding to a forecasted price-to-sales ratio of 1.2x for FY25, slightly below its historical average [9] - The company is expected to benefit from economies of scale and improved profitability as new vehicle sales continue to rise [9] Macro Environment - The Hang Seng Index is facing initial resistance at 23,000 points, influenced by recent announcements from the U.S. regarding tariffs and economic stimulus measures [2][5] - The Chinese government is expected to increase efforts to stabilize the economy, which may positively impact domestic demand and market sentiment [2][5]