中远海控（01919）发布公告，于2025年12月24日，该公司斥资2722.51万港元回购196万股。 来源：新浪港股 ...

Group 1 - The shipping and port sector increased by 0.39% on December 25, with Chongqing Port leading the gains [1] - The Shanghai Composite Index closed at 3959.62, up 0.47%, while the Shenzhen Component Index closed at 13531.41, up 0.33% [1] - Key stocks in the shipping and port sector showed significant price increases, with Chongqing Port rising by 10.02% to a closing price of 5.82 [1] Group 2 - The shipping and port sector experienced a net outflow of 380 million yuan from main funds, while retail investors saw a net inflow of 279 million yuan [2] - The trading volume and turnover for key stocks varied, with An Tong Holdings seeing a closing price of 5.95 and a trading volume of 1.662 million shares [2] - The net inflow of funds for Chongqing Port was negative at -39.11 million yuan, indicating a shift in investor sentiment despite its price increase [3]

Core Insights - The China Securities State-Owned Enterprises Dividend Index has shown a slight increase of 0.08% as of December 25, 2025, with notable gains in constituent stocks such as Xiamen International Trade (up 4.44%) and Luxi Chemical (up 3.30%) [1] - The National State-Owned Enterprises Dividend ETF (159515) has also increased by 0.26%, reflecting a growing interest in dividend-paying assets amid a favorable monetary policy environment [1][2] Market Performance - The trading volume for the National State-Owned Enterprises Dividend ETF reached 2.91% turnover with a transaction value of 1.489 million yuan, and the average daily trading volume over the past week was 4.2193 million yuan [1] - The latest scale of the National State-Owned Enterprises Dividend ETF stands at 51.0433 million yuan, with a total of 44.7866 million shares [1] Policy and Economic Environment - The People's Bank of China has reiterated its commitment to maintaining a moderately loose monetary policy, which is expected to positively influence market sentiment [1] - The decline in the risk-free interest rate is expected to enhance the attractiveness of dividend assets, supported by ongoing policy improvements aimed at strengthening the quality and market capitalization management of listed companies [2] Investment Outlook - According to Kaiyuan Securities, the performance of dividend stocks is anticipated to outperform in 2026 compared to 2025, driven by improved relative valuations, easing pressure on cyclical earnings, and a shift in funding preferences towards high-dividend assets [2] - The National State-Owned Enterprises Dividend Index reflects the overall performance of high-dividend securities selected from state-owned enterprises, focusing on those with stable dividends and significant liquidity [2][3]

Core Viewpoint - The introduction of blockchain technology is fundamentally transforming the bulk commodity trade in the Yangtze River Delta, enhancing efficiency and transparency in operations [1][2]. Group 1: Industry Overview - A group of large oil tankers is efficiently transferring oil products at Ningbo, Zhejiang, utilizing dedicated pipelines and advanced blockchain technology for order verification and registration [1]. - The Yangtze River Delta accounts for over one-third of China's total import and export trade, with key commodities like crude oil, iron ore, and non-ferrous metals playing a crucial role in national resource security and supply chain stability [1]. Group 2: Technological Impact - Blockchain technology is shifting the commodity trade from reliance on corporate credit to "physical credit" based on the status and ownership of goods, enabling full traceability and multi-party collaboration [2]. - The "航贸链" (Shipping Trade Chain) is facilitating the digital transformation of bulk commodity trade in Shanghai, with various stakeholders including storage institutions, registration platforms, exchanges, banks, and tax authorities achieving trusted collaboration [2].

Summary of Key Points Core Viewpoint - China COSCO Shipping Holdings has been actively repurchasing its shares, indicating a strong commitment to enhancing shareholder value and confidence in its stock performance. Group 1: Share Repurchase Details - On December 24, the company repurchased 1.96 million shares at a price range of HKD 13.820 to HKD 13.950, totaling HKD 27.2251 million [1] - Since October 31, the company has conducted share repurchases for 39 consecutive days, acquiring a total of 116 million shares for a cumulative amount of HKD 1.587 billion [1] - The stock price has increased by 3.74% during the repurchase period [1] Group 2: Year-to-Date Repurchase Activity - Year-to-date, the company has completed 133 repurchase transactions, acquiring a total of 510 million shares for a total expenditure of HKD 6.818 billion [1] - The repurchase activity reflects the company's strategy to support its stock price and return capital to shareholders [1] Group 3: Historical Repurchase Data - The detailed repurchase data shows various transactions with the highest repurchase price reaching HKD 15.040 and the lowest at HKD 11.440 [2][3] - The company has consistently engaged in share buybacks, with significant amounts spent on repurchases throughout the year, indicating a proactive approach to managing its capital structure [2][3]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中遠海運控股股份有限公司 呈交日期： 2025年12月24日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | H 股份類別 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01919 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫 ...

格隆汇12月24日丨中远海控(01919.HK)发布公告，2025年12月24日耗资2722.51万港元回购196万股，回 购价格每股13.82-13.95港元。 ...

智通财经APP讯，中远海控(01919)发布公告，于2025年12月24日，该公司斥资2722.51万港元回购196万 股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 FF305 第 2 頁 共 10 頁 v 1.3.0 公司名稱： 中遠海運控股股份有限公司 呈交日期： 2025年12月24日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | H 股份類別 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01919 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份 ...

Group 1 - The port and shipping stocks in Hong Kong and A-shares experienced a significant increase, with China COSCO Shipping Holdings (1919.HK) rising over 7% and Pacific Shipping increasing over 4% [1][2] - In A-shares, Beibu Gulf Port rose over 6%, Xiamen Port increased over 5%, and companies like Qinhuangdao Port and Rizhao Port also saw gains [1][2] Group 2 - Xiamen Port is set to merge with the provincial port group, with the actual controller changing to the Fujian Provincial State-owned Assets Supervision and Administration Commission [2] - Pacific Shipping received an increase in shareholding from M&G Plc, which raised its stake from 4.97% to 5.05% after acquiring 3.557 million shares on August 7 [2] - The Baltic Dry Index rose by 1.1% last Friday (14th), marking its 13th consecutive day of increase, reaching 1595 points, the highest since July 20, driven by increased demand for various types of vessels [2] - The Capesize vessel rate index increased by 0.8% to 2402 points, while the Panamax vessel rate index rose by 1.5% to 1824 points, reaching the highest level since October 18 of the previous year [2]