开源证券指出，央行和中央汇金等表态积极，充分发挥国家"平准基金"功能，增持ETF和股票利于稳定 权益市场。一季度以来，证监会连同各方持续推动中长期资金入市，创设证券、基金、保险互换便利工 具，鼓励上市公司回购和增持。券商板块4月8日PB估值1.26倍，估值和机构持仓仍在低位，受益于活跃 度提升券商1季报业绩有望超预期，看好券商板块机会，三条选股主线：金融科技、并购主线以及业绩 弹性突出的零售优势券商。 NO.3中信证券：看好扎根内需，兼具成长和分红属性的物业服务板块 中信证券研报表示，物业服务行业在2024年围绕催收、节流、退盘、提质和分红五个关键词，实现了经 营性现金持续正流入198亿和货币资金净增加60亿元，平均股利支付率大幅提升到65%。展望2025年， 中信证券认为逐渐理顺定价机制，鼓励优质优价；减值计提和周期性业务拖累见顶；持续增加现金分红 是行业三大催化剂。看好扎根内需，兼具成长和分红属性的物业服务板块。 ｜2025年4月9日 星期三｜ NO.1中信证券：政策赋能农业兴，农机产业焕新机 中信证券研报表示，中共中央、国务院近日印发《加快建设农业强国规划（2024-2035 年）》（下 称"规划"）， ...

华侨城集团将"放手"深康佳A 4月8日，深康佳A接到华侨城集团的通知显示，为推进央企之间专业化整合，优化资源配置，拟由其他央企集团对深康佳A实施专业化整合，后续将依法 履行相关程序。 4月8日晚间，深康佳A公告称，为了推进央企之间专业化整合，优化资源配置，拟由其他央企集团对公司实施专业化整合。 目前，深康佳A的控股股东是华侨城集团有限公司（以下简称华侨城集团），也是后者发展电子科技业务的重要平台。 截至4月8日收盘，深康佳A股价报3.84元/股，总市值为67.85亿元。截至2024年12月10日，公司股东人数达16.57万户。 深康佳A公告称，本次整合或将导致公司控股股东发生变更，但不会导致公司实际控制人发生变更。公司实际控制人仍为国务院国有资产监督管理委员 会。 目前，深康佳A的控股股东是华侨城集团。截至2024年12月27日，华侨城集团对深康佳A的直接持股比例达21.75%。 | 序号 | 股东名称 | 股东类别 | 持股数量(股) | 占公司总股 本比例(%) | | --- | --- | --- | --- | --- | | 1 | 华侨城集团有限公司 | 国有法人 | 523,746,932 | ...

大陆对长和集团出售港口事件，并没有一下子把事情做绝，说明我们仍旧不忍心下死手。长和集团以拖待变，幻想事情还有转机。港媒劝李嘉诚悬崖勒马， 彻底终止交易。 国家市监总局宣布对长和集团港口交易，依法开展审理审查，是为维护国家安全和民族利益的应有之义，要注意的是，我们用的是审查，态度比较缓和，同 时援引的《反垄断法》，也让审查的基调没有那么激烈。 这说明国家方面对于长和集团，还有其背后的李家，并没有忍心把事情做绝，没有痛下杀手，否则的话只需一纸红头文件，资本家就会认识到跟国家意志对 抗的下场。 因为这个原因，现在长和集团出售港口事件，就变成了博弈游戏。 大陆方面不忍心把事情做绝，希望通过审查手段，倒逼李家主动取消交易，这样面子上大家都过得去，以后还是一家人，有钱一起挣。 能看得出来，长和集团还在拖，他们还在幻想大陆会雷声大雨点小，还在幻想特朗普会对北京施压，逼迫中国人同意长和集团出售港口。但是这些都只能是 幻想。 在国家出手对长和集团售港交易进行审查后，国务院港澳办方面，也再次通过转载港媒文章的形式，敦促李家不要再执迷不悟。 这篇文章名为《港商须有底气，不应向霸权主义低头》，提到在目前国际地缘政治风险加剧、企业家在 ...

Core Viewpoint - The ongoing negotiations between Li Ka-shing and BlackRock regarding the sale of a port have faced significant scrutiny and intervention from Chinese authorities, leading to a halt in the transaction process, although Li has not indicated a complete cancellation of the deal [1][2][5]. Group 1: Company Actions and Responses - Li Ka-shing's company, Cheung Kong Holdings, has decided not to finalize the transaction with BlackRock on April 2, but remains open to the possibility of proceeding in the future [1]. - Following official warnings, Cheung Kong Holdings issued a new announcement indicating that the Li family is preparing for potential fallout from the situation [1][2]. - The company has acknowledged the negative market sentiment and is considering various opinions to improve its operations, although it has no current plans to split its global telecommunications business [3][4]. Group 2: Market Reactions and Implications - Investor confidence in Cheung Kong Holdings has significantly declined, with reports indicating a sharp drop in the company's stock price following the news of the transaction and subsequent regulatory scrutiny [3]. - The Chinese government has expressed its stance against any actions that could harm national interests, emphasizing that regulatory bodies will take necessary actions if any detrimental terms are found in the transaction [2][5]. Group 3: Family Dynamics and Strategic Moves - Li Ka-shing's son, Li Zekai, has distanced himself from Cheung Kong Holdings by clarifying that his company, Pacific Century Group, operates independently and has not been involved in Cheung Kong's business decisions since 2000 [4]. - This separation appears to be a strategic move to protect his interests in case Cheung Kong Holdings faces severe repercussions from the ongoing scrutiny [4][5].

Group 1 - Timothy Haugh, the Director of the National Security Agency (NSA), and his deputy were dismissed on April 3, 2023, although the reasons for their removal remain unclear [1][2] - William Hartman, the Deputy Commander of the U.S. Cyber Command, has been appointed as the acting Director of the NSA, while Sheila Thomas, the Executive Director of the NSA, has been named as the acting Deputy Director [2] - The NSA is a critical intelligence agency under the Department of Defense, responsible for both offensive and defensive cyber operations [2] Group 2 - Reports indicate that Michael Waltz, the National Security Advisor, has been using the Signal app to create at least 20 group chats for discussing sensitive information related to various global issues, including Ukraine and the Middle East [2][4] - The phenomenon of using Signal for sensitive discussions is reportedly more widespread than previously reported, highlighting the Trump administration's reliance on this communication tool [4] - The Senate Armed Services Committee has called for an investigation into the use of Signal by government officials for discussing sensitive military operations [4]

Group 1: Company Overview - CK Hutchison Holdings Limited (长江和记实业有限公司) has not publicly responded following the missed signing date for the port transaction originally set for April 2 [1] - The company announced on March 4 its intention to sell a series of port operations, including those at the Panama Canal, to a consortium led by BlackRock for a total price of $22.765 billion [1][6] - The port division of CK Hutchison operates 293 berths across 53 ports in 24 countries, handling a total throughput of 82.1 million TEUs in 2023 [6] Group 2: Market Reaction - Following the announcement of the port transaction, BlackRock's stock price fell by 8.16% from March 4 to April 3 [2] - CK Hutchison's stock price also declined by 14.94% during the same period, transitioning from an upward trend to a downward one [2] Group 3: Regulatory Scrutiny - The Chinese National Market Supervision Administration announced it would review the port transaction to ensure fair market competition and protect public interests [8][9] - Reports indicated that CK Hutchison and BlackRock would not sign any agreements during the week of March 31 to April 6, as they sought a reasonable solution in communication with the Hong Kong government [9] Group 4: Technological Developments - On April 3, Li Ka-shing publicly endorsed the Histotripsy technology for cancer treatment, which is being introduced in Singapore through a collaboration with Temasek [3][4] - The technology has shown significant results in Hong Kong, with 50 liver cancer patients successfully treated since its introduction [4]

Group 1 - The core issue revolves around the $22.8 billion port deal between CK Hutchison Holdings and BlackRock, which has been delayed due to antitrust and national security reviews initiated by China's State Administration for Market Regulation [1][3] - The ports involved, Balboa and Cristobal, control 6% of global trade and are crucial for 21% of Chinese shipping, making the deal a significant geopolitical concern [3] - The Chinese government has expressed strong opposition to the deal, indicating it could harm China's legitimate interests, thus setting a political tone for the situation [3][6] Group 2 - CK Hutchison's response to the situation reveals underlying anxiety, as the company denied rumors of splitting its telecom assets but left room for future actions, interpreted as a strategy for risk isolation [5] - The company's stock fell by 3.54% following the announcement of the review, resulting in a market value loss of HKD 78.1 billion, and its projects in mainland China faced cooperation freezes [5] - Internal family divisions have emerged, with the second son, Li Ka-shing's son, distancing himself from CK Hutchison, indicating a pessimistic outlook on the situation [5] Group 3 - The regulatory scrutiny has expanded beyond the transaction itself to CK Hutchison's global asset structure, creating a dilemma where the company risks triggering severe consequences if it proceeds or defaults on the deal [6] - BlackRock, managing $10 trillion in assets, faces a dual challenge as it is involved in significant investments in China while also being perceived as a geopolitical player in this transaction [7] Group 4 - In response to U.S. containment strategies, China is accelerating the development of alternative trade routes, such as ports in Peru and Brazil, which could divert 30% of the cargo volume from the Panama Canal [8] - The ongoing U.S.-China tensions, particularly in the semiconductor sector, highlight the potential repercussions of the port deal, with significant implications for U.S. companies if China escalates its response [9] Group 5 - The situation reflects the broader challenges faced by multinational capital in a de-globalizing world, where business decisions intersect with national interests and responsibilities [10]

Core Viewpoint - The article discusses the implications of Li Ka-shing's decision to delay the sale of port assets in Panama by his company, CK Hutchison Holdings, in response to pressure from the Chinese government, highlighting the intersection of business operations and geopolitical tensions between the U.S. and China [1][2][3]. Group 1: Company Actions and Reactions - CK Hutchison Holdings is reportedly postponing the signing of any agreements related to the sale of the Panama ports, indicating a potential compromise under pressure from the Chinese government [3][4]. - The company may seek to communicate and collaborate with the Chinese government to address concerns, possibly by adding "national security clauses" to the transaction [5]. - There is a possibility that CK Hutchison could redesign the transaction structure to reduce political sensitivity, although the core issue remains the strategic value of the port assets [5][6]. Group 2: Geopolitical Implications - If BlackRock gains control of the Panama ports, it could leverage this position to impose delays or additional charges on Chinese shipping, impacting China's supply chain efficiency [8]. - U.S. control over the Panama ports would enhance its influence in global trade and geopolitics, potentially undermining China's position in the region [8][9]. - The strategic location of the Panama ports would allow the U.S. to strengthen its military presence in Latin America, further complicating China's efforts to establish alternative trade routes [9].

Core Viewpoint - The recent announcement by the Chinese authorities to review the sale of the Panama port by Cheung Kong Holdings has led to significant reactions, particularly from Li Ka-shing's son, Li Zekai, who has declared that all his businesses are now independent from Cheung Kong, raising questions about the motivations behind this separation [1][2]. Group 1: Li Zekai's Independence - Li Zekai has publicly stated that all his businesses are now independent from Cheung Kong Group, despite having previously held positions within the company [2]. - There are indications that Li Zekai's separation from Cheung Kong may not be as clear-cut as it appears, as he still holds significant influence and connections with the group [2][3]. - The timing of Li Zekai's announcement coincides with heightened scrutiny of Cheung Kong's dealings, suggesting a strategic move to distance himself from potential fallout [3]. Group 2: Implications of the Review - The Chinese government's review of Cheung Kong's sale of the Panama port may indicate potential violations of antitrust laws, prompting Li Zekai and others to reconsider their affiliations [3][4]. - Although Cheung Kong has paused negotiations with the U.S., there are doubts about whether the company has genuinely recognized its missteps or is merely buying time [3][4]. - The pressure from the Chinese authorities and public sentiment may force Cheung Kong to abandon its plans with the U.S., but there are concerns that the leadership may still harbor hopes of proceeding with the deal in the future [4].

毕竟这部分业务的资产估值大概在1000亿-1500亿左右，如果真的最终在英国上市，李嘉诚很可能是在所有人眼皮子底下玩 了一出断尾求生。 不过李嘉诚其实很难轻易的把这部分业务转移出去，大型集团是藏不住小动作的，而当下随着消息的传出，该集团已经在 股市当中迎来了大震荡。 港口交易没有成功，立于舆论风口浪尖的长和集团居然又传出了准备跑路的消息。虽然李嘉诚对此矢口否认，但股价的变 化还是证明了公众的看法。 当下，长和集团主要经营着基建、港口、零售、电讯等方面的业务，2024年时电讯业务甚至为企业带来了19%的营业额， 因此电讯业务就是长和盈利贡献值最高的核心业务之一。 按理说长和集团当下面临的困难再怎么高，他们都不该选择动电讯业务，可就在前些时间，相关媒体便一直在报道他们可 能要拆分全球电信资产及业务的新闻。 而如果这则消息属实，其实完全可以视为李嘉诚正在为长和集团谋求退路。 而就在李嘉诚因为港口交易和转移资产这两件事丧失港澳客户信任度的当下，官方其实也并没有选择沉默。 在3月初时，香港《大公报》和港澳办就希望通过刊登文章的方式警醒李嘉诚，希望他能在港口交易一事上慎重选择。 可李氏家族的选择无疑是让人感到遗憾的，他们 ...