Group 1 - Recent positive developments in the financial markets of Macau and Hong Kong, with Huaxia Bank acting as a joint bookrunner and lead underwriter for the issuance of offshore RMB local government bonds by Guangdong and Hainan provinces [2][3] - Guangdong province issued a total of 25 billion RMB in offshore bonds, including a 5 billion RMB blue bond with a 1.63% interest rate, a 15 billion RMB special bond at 1.75%, and a 5 billion RMB green bond at 1.85%, attracting significant international interest with a subscription rate of 4.72 times [2] - Hainan province successfully issued 50 billion RMB in offshore bonds, including a 25 billion RMB sustainable development bond, a 15 billion RMB blue bond, and a 10 billion RMB aerospace-themed bond, with a peak subscription of nearly 230 billion RMB and a subscription rate of 4.6 times [3] Group 2 - Huaxia Bank has established an efficient coordination mechanism for these projects, with local branches leading the initiatives and the head office providing overall guidance, showcasing its cross-border underwriting capabilities [3][4] - The bank has successfully completed 162 offshore bond underwriting transactions in 2025, maintaining a strong position in the Bloomberg ranking of Chinese offshore bond underwriters [4] - Looking ahead, Huaxia Bank aims to leverage its cross-border financial services to support national regional development strategies and contribute to high-quality economic growth in China [4]