Hong Kong stocks movement | China-Affiliated Brokerage shares continue to decline, with multiple stocks dropping more than 3%. Institutions state that domestic and international events will face important intersections.

China-Affiliated Brokerage stocks continue to decline. As of the time of writing, CC SECURITIES (01375) is down 3.73%, priced at 1.55 HKD; China Merchants (06099) is down 3.5%, priced at 14.32 HKD; Guolian (01456) is down 3.1%, priced at 4.07 HKD; Everbright (06178) is down 1.61%, priced at 7.32 HKD.

Zhitong Finance02:06 ET

Hong Kong stocks are moving differently | China-Affiliated Brokerage stocks are declining across the board, with A-share financing scale in 2024 reduced by more than 80%, and Brokerage investment banking Business significantly decreased.

China-Affiliated Brokerage stocks are all declining. As of the time of writing, CITIC SEC (06030) is down 5.85%, at 20.1 HKD; Guolian (01456) is down 5.21%, at 4.37 HKD; CSC (06066) is down 5.4%, at 9.29 HKD; China Merchants (06099) is down 5.25%, at 15.18 HKD.

Zhitong FinanceJan 1 21:07 ET

China Merchants (06099.HK): Huang Huier has been appointed as the co-company secretary and authorized representative, among other positions.

Glory Hong Kong, December 30th丨China Merchants (06099.HK) announced that the Board of Directors hereby declares: 1. Kwang Yanping has submitted her resignation as (i) co-company secretary and (ii) authorized representative, effective from January 1, 2025. 2. Huang Huier has been appointed as co-company secretary, replacing the authorized representative and legal procedure document agent, effective from January 1, 2025.

Gelonghui FinanceDec 30, 2024 08:20 ET

China Merchants: CHINA TELECOM and ZTE have deepened their cooperation, empowering the Smart Phone Business with large models.

China Merchants Securities released a research report stating that ZTE (000063.SZ, 00763) has deep cooperation with CHINA TELECOM (00728) to officially launch the Nubia Z70 Ultra Smart Phone. The end-cloud integration of CHINA TELECOM's Star AI model is equipped with a hundred billion-level cloud-side large model and a 3 billion end-side large model. The firm stated that large models empower ZTE's Smart Phone Business, creating personalized AI products and services. China Merchants Securities maintained a "strong Buy" rating in response to ZTE's growth and strategy positioning. The group focuses on intelligent computing as a long-term Global Strategy priority, providing a full architecture and full scene intelligence.

Sina Hong Kong StocksDec 27, 2024 01:51 ET

China Merchants' proprietary Business can participate in carbon emission rights Trade in legally recognized domestic trading venues.

China Merchants (06099) announced that it recently received the "Reply from the China Securities Regulatory Commission on the Participation of China Merchants Securities Co., Ltd. in Carbon Emission Rights Trade" (Institutional Letter [2024] No. 2248) (hereinafter referred to as the Reply). According to the Reply, the company's proprietary Business can legally participate in carbon emission rights trade at domestic trading venues. The company will comply with relevant regulations and the requirements of the Reply, aiming to serve the real economy, reduce the social cost of emissions reduction, and promote the economic transition and upgrading to a green and low-carbon model, while conducting its Business in a compliant and prudent manner, and incorporating related Business into the company's comprehensive risk management.

Sina Hong Kong stocksDec 26, 2024 19:39 ET

China Merchants (600999.SH): Participated in carbon emission rights Trade and received a response letter from the Securities Regulatory Commission.

On December 24, Gelonghui reported that China Merchants (600999.SH) announced that it recently received a reply from the China Securities Regulatory Commission (referred to as the CSRC) regarding the participation of China Merchants in carbon emission rights Trade. According to the reply, the company's self-operated Business may participate in carbon emission rights Trade in legally established domestic trading venues. The company will conduct its Business in compliance with regulations and the requirements of the reply, aiming to serve the real economy, reduce the overall social emission reduction costs, and promote the economic transition and upgrade towards green and low-carbon development, while incorporating the relevant Business into the company's overall risk management system.

Gelonghui FinanceDec 24, 2024 03:46 ET