华泰稳健:2018年年度报告
                2019-03-27
             
            
            
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        2018^t^t^bTJ
              2018^t12g 31e
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     12.2 _qTbDQ{VvQvN‘‰á`o........................................................................................... 76
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2017            -                 -               -                  -
2016            -                 -               -                  -
T          2.1000    531,612,931.52   61,610,329.94     593,223,261.46
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T          2.1000      16,043,975.24   21,101,863.66     37,145,838.90
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~{— N‘                                          1,348,867.51             1,287,487.92
[XQúO‘                                               3,566.08               22,630.32
N¤ `'‘D§              7.4.7.2              4,371,863,540.00            57,575,668.00
QvN- hbD                                                      -                       -
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      D§e/c R8bD                                             -                       -
      5‘^bD                                                  -                       -
Mu ‘D§                 7.4.7.3                              -                       -
NpQe.‘D§               7.4.7.4                              -           10,000,000.00
^”e6R8n {—k>                                                -                3,590.00
^”e6R)`o                7.4.7.5                 81,956,301.13               796,188.11
^”e6)                                                        -                       -
^”e6u3->                                         1,383,259.70               616,353.95
^b@_— D§                                                    -                       -
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^”NR8n {—k>                                          -                       -
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^”N{t Nb‘l                              1,127,794.37                 41,677.61
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^”N U.g R9                                    94,972.25               11,032.93
^”NN¤ 9(       7.4.7.7                       54,889.12               24,153.36
^”N¤ 9                                      233,309.50                       -
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g*R ‘M)m                    7.4.7.10              576,014,735.68             15,833,509.04
b@g gCvT                                         3,543,643,538.54             70,339,420.10
P:Tb@g gCv`;                                     4,461,276,902.22             71,439,158.73
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      P:R8R)`oe6Qe                                       62,806,161.57       171,893,579.64
      D§e/c R8R)`oe6Qe                                              -                    -
      NpQe.‘D§e6Qe                                        460,555.59         3,214,845.89
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ONN80% s°‘R0g eW(N ^tNQ…ve?^P:R8S`Wú‘D§QP{I0 g,Wú‘N ~ékúQN:N ^tg ”L[g [Xk>e6vs(
z T )+1%0
    g,"bhu1g,Wú‘t NSNlgt^Wú‘t g –PlSN2019^t3g 26ebyQbQú0
                             {, 28 u Qq77 u
                                                      SNlgt^z3Pee6vP:R82018^t^t^bTJ
7.4.2 O bhv R6Wúx@
       g,Wú‘"bhc qg"?è2006^t2g 15eSNT g  v0 O N O QR  Wúg,Q
R 00    T yQwOSO QR SvQs‰(NN T y          O N O QR    )0 N-VvO  v0 R8b
Dú‘á`ob—2BRLj!g{,3S÷<^t^bTJTSJ^t^bTJ>00      N-VR8bDú‘ SOO (NN {y
  N-VWú‘ SOO    ) v0 R8bDú‘ h8{— Rc _ 000             SNlgt^z3Pee6vP:R8W
R8bDú‘ú‘T       0 TW("bh–Dè7.4.4b@R y:vN-VvO 0 N-VWú‘ SOO S^ v
g Qs‰SQAvWú‘LN [RdO\ R60
       g,"bhNc ~í~%N:Wúx@ R60
7.4.3 uO N O QR SQvNg Qs‰vXf
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g 31ev"rQNS2018^t^v~%b gTWú‘P
y0 SOQúU.‘D§Sc g ó0g bD ‘D§vR |{SQNg,Wú‘ù‘D§vc g a V
Tc g 0 g,Wú‘°eà‘D§ |{N:SOQúU.‘D§Sc g ó0g bD
       g,Wú‘RMNN¤ vvc g vP:R8bDMu ]QwR |{N:NQlQAN÷P<‘ QvSR¨Qe_Sg
c_vv‘D§ –dMu ]Qwb@N§ v‘D§W(D§P:hN-NMu ‘D§ y:Y  NQlQA
N÷P<‘ QvSR¨Qe_Sg c_vv‘D§W(D§P:hN-NN¤ `'‘D§ y:0
       g,Wú‘ g vQvN‘D§ |{N:^”e6k>y S bì”L[Xk>0 NpQe.‘D§TQvNT |{
^”e6k>y{I0 ^”e6k>yf/c W(m; W:N-lg bN÷ Ve6‘Vú[b Sxn[v—^Mu ‘D§
                                 {, 29 u Qq77 u
                                                 SNlgt^z3Pee6vP:R82018^t^t^bTJ
   (2) ‘P:vR |{
   ‘P:N Yxn¤eR |{N: NQlQAN÷P<‘ QvSR¨Qe_Sg c_vv‘P:SQvN‘
P:0 g,Wú‘RMfeà‘P:R |{N:NQlQAN÷P<‘ QvSR¨Qe_Sg c_vv‘P:0 g,
Wú‘ g vQvN‘P:S bìSVQúV-‘D§k>TQvNT |{^”Nk>y{I0
7.4.4.4 ‘D§T‘P:vR Yxn¤ T ~í‘~kbxn¤
   ‘D§ ‘P:Ng,Wú‘ N:‘]QwTT           vN ee c QlQAN÷PN-S T+vP:R8woeb N k!–doeó-pekbvR)`o SUrìxn¤N:^”e6y
v0 ^”e6k>yTQvN‘P:vvQsN¤ 9(QeR Yxn¤‘
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   ‘D§ná R gaNNKN v NN~kbxn¤ (1) e6S‘D§s°‘A‘TT                gCR)~
kb (2) ‘D§]òl N g,Wú‘ ‘D§b@ggC N QàNNb@g v–ib‘ll~le
e b (3) ‘D§]òl }q6g,Wú‘lg lN_lg OuY‘D§b@ggC N QàNNb@g
v–ib‘l OFf/e>_ N[ù‘D§c§R60
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c v~l{—
7.4.4.10 9(vxn¤T‘
   g,Wú‘{t Nb‘l bX{9 U.g R9(9(mvg c Wú‘T            ~[v9T{—e
lexn¤
   QvN‘P:W(c gg      xn¤vR)`oe/Qúc [–E)sl{— [–E)slN v~l]_ 
vR c v~l{—
7.4.4.11 Wú‘e6vR ‘M?{V
   g,Wú‘ N |{R+vkN Wú‘Ng T {IR ‘MC0 g,Wú‘6vNs°‘b_ R ‘M OFWú‘
c g NSbés°‘R)b \ s°‘R)c R ~–dCevWú‘QP<ê¨l:Wú‘LQb
D gg+g* R ‘M)mN-vg*[s°è N:kcep S bìWú‘%m;R¨N§ vg*[s°c_vNSWú‘
N¤ N§ vg*[s°^sQ‘I R gg+ SOR ‘M)mv‘N:gg+g* R ‘M)mN-v]ò[s°è 
gg+g* R ‘M)mvg*[s°è N:ep R gg+ SOR ‘M)mv‘N:gg+ g*R ‘M)m Ss]ò[
s°è vbg*[s°è T vOY
   ~[TJvbR ‘Mú‘6vN ~–dCeNb@g gCvlú0
7.4.4.12 R èTJ
   g,Wú‘Q…è~~g0 {t ‰B0 Q…èTJR6^N:Ocnxn[~%R è N~%R è:Wúx@
xn[bTJR èvb—2 èá`o0 ~%R è/c g,Wú‘… ená R gaNv~b è  (1) ~
b è  W(e^8m;R¨N-N§ e6Qe0 Su 9( (2) g,Wú‘Wú‘t N [g N÷~b è
R v~%b g NQ[T Qv‘MnD N÷QvN ~é (3) g,Wú‘ S_—~b è v"r
Q0 ~%b gTs°‘A‘Ig QsO Oá`o0 YgN$N*b Y N*~%R èwg vOg R N2018
^t1g 1ew§ vR)`oSR)`o`'(e6QeN: U. DN§T{t N%DN§Tl2017^t12
g 31eRMS_—v—^'ig ' SNbéc qg[–EpQeN÷{— U. b N2017^tg T NN*N¤f
ev—^'ig '{—N÷h
                                                                    SUOM Nl ^ QC
                                    g,gg+                      N ^t^g+
            yv
                                2018^t12g 31e               2017^t12g 31e
m;g [Xk>                                 4,721,367.80                 1,137,240.43
[g [Xk>                                             -                            -
QvN- [Xk>g –PN*g NQ…                              -                            -
      [Xk>g –P-3N*g                                -                            -
      [Xk>g –PN*g NN                                -                           -
QvN[Xk>                                              -                           -
T                                         4,721,367.80                1,137,240.43
                                {, 34 u Qq77 u
                                                          SNlgt^z3Pee6vP:R82018^t^t^bTJ
7.4.7.2 N¤ `'‘D§
                                                                         SUOM Nl ^ QC
                                                  g,gg+
        yv
                                              2018^t12g 31e
                         b g,                 QlQAN÷P<              QlQAN÷PR)`o                        1,440.34                          405.48
^”e6[g [Xk>R)`o                                -                               -
^”e6QvN[Xk>R)`o                                -                               -
^”e6~{— N‘)`o                           819.61                          623.99
^”e6P:R8R)`o                       81,954,039.42                      795,147.42
^”e6D§e/c R8R)`o                              -                               -
^”e6NpQe.R8R)`o                                -                               -
^”e6u3->R)`o                                   -                               -
^”e6‘ ~bP [s`o                                -                               -
QvN                                          1.76                           11.22
T                                   81,956,301.13                      796,188.11
7.4.7.6 QvND§
lè b*ó,bTJgg+ SN ^t^g+ g,Wú‘*c g QvND§
7.4.7.7 ^”NN¤ 9(
                                                                   SUOM Nl ^ QC
                                g,gg+                           N ^t^g+
          yv
                            2018^t12g 31e                    2017^t12g 31e
N¤ b@^ W:^”NN¤ 9(                            -                               -
”L^ W:^”NN¤ 9(                       54,889.12                       24,153.36
T                                       54,889.12                       24,153.36
7.4.7.8 QvNP:
                                                                  SUOM Nl ^ QC
                                g,gg+                          N ^t^g+
          yv
                            2018^t12g 31e                   2017^t12g 31e
^”NR8UFN¤ SUQCO‘                            -                               -
^”NN9                                141,294.80                          415.12
c9(                                   300,000.00                      360,000.00
T                                     441,294.80                       360,415.12
7.4.7.9 [e6Wú‘
                                                               ‘SUOM Nl ^ QC
                          SNlgt^z3Pee6vP:R8A
                             {, 36 u Qq77 u
                                                                SNlgt^z3Pee6vP:R82018^t^t^bTJ
                                                     g,g
           yv
                                          2018^t1g 1eó018^t12g 31e
                                     Wú‘ N                   &—b 
N ^t^g+                                      24,694,749.90                      24,694,749.90
g,g u3-                                  3,626,500,519.82                    3,626,500,519.82
g,g N N      -   S÷XkR                   -922,719,610.21                     -922,719,610.21
- Wú‘R /Nb{—RM                                           -                                  -
Wú‘R /Nb{—SR¨N                                          -                                  -
g,g u3-                                                     -                                  -
g,g N N      -   S÷XkR                                     -                                  -
g,gg+                                    2,728,475,659.51                    2,728,475,659.51
                                                                           ‘SUOM Nl ^ QC
                                  SNlgt^z3Pee6vP:R8C
                                                      g,g
            yv
                                           2018^t1g 1eó018^t12g 31e
                                      Wú‘ N                  &—b 
N ^t^g+                                      29,811,161.16                      29,811,161.16
g,g u3-                                    405,298,392.60                      405,298,392.60
g,g N N      -   S÷XkR                   -195,956,410.41                     -195,956,410.41
- Wú‘R /Nb{—RM                                           -                                  -
Wú‘R /Nb{—SR¨N                                          -                                  -
g,g u3-                                                     -                                  -
g,g N N      -   S÷XkR                                     -                                  -
g,gg+                   239,153,143.35                                         239,153,143.35
lè u3-+~R)Qb0 lbQeN NT+lbQúN
7.4.7.10 g*R ‘M)m
                                                                               SUOM Nl ^ QC
                                    SNlgt^z3Pee6vP:R8A
        yv                 ]ò[s°è            g*[s°è                   g*R ‘M)mT 
 N ^t^g+                       5,385,157.87        2,094,734.89                  7,479,892.76
 g,g R)m                      51,591,805.48       26,491,307.40                78,083,112.88
 g,g Wú‘N¤
                           770,822,513.32             273,059,026.61        1,043,881,539.93
 N§ vSR¨ep
 QvN- Wú‘3->              873,033,149.96            368,847,310.59        1,241,880,460.55
        Wú‘Nk>           -102,210,636.64            -95,788,283.98         -197,998,920.62
 g,g ]òR ‘M)m            -593,223,261.46                         -         -593,223,261.46
 g,gg+                      234,576,215.21            301,645,068.90          536,221,284.11
                                                                               SUOM Nl ^ QC
                               SNlgt^z3Pee6vP:R8C
      yv               ]ò[s°è           g*[s°è                       g*R ‘M)mT 
N ^t^g+                    5,783,025.27       2,570,591.01                      8,353,616.28
g,g R)m                    6,799,745.76       2,461,700.41                      9,261,446.17
                                     {, 37 u Qq77 u
                                                            SNlgt^z3Pee6vP:R82018^t^t^bTJ
g,g Wú‘N¤
                        37,712,638.49               21,611,589.53         59,324,228.02
N§ vSR¨ep
QvN- Wú‘3->            72,965,108.59           41,294,052.94           114,259,161.53
       Wú‘Nk>         -35,252,470.10          -19,682,463.41           -54,934,933.51
g,g ]òR ‘M)m          -37,145,838.90                       -           -37,145,838.90
g,gg+                    13,149,570.62           26,643,880.95            39,793,451.57
7.4.7.11 [Xk>R)`oe6Qe
                                                                          SUOM Nl ^ QC
                                   g,g
                                                                 N ^t^Skg 
           yv             2018^t1g 1eó018^t12
                                                          2017^t1g 1eó017^t12g 31e
                                  g 31e
m;g [Xk>R)`oe6Qe                        82,914.91                            350,087.16
[g [Xk>R)`oe6Qe                                 -                                     -
QvN[Xk>R)`oe6Qe                                 -                                     -
~{— N‘)`oe6Qe                         41,818.91                            496,445.45
QvN                                     93,170.76                              1,187.67
T                                      217,904.58                            847,720.28
7.4.7.12 hbD6v
7.4.7.12.1 hbD6v               NpSVh]N÷e6Qe
lè eà0
7.4.7.13 P:R8bD6v
7.4.7.13.1 P:R8bD6vyvgb
                                                                           SUOM Nl ^ QC
                                                g,g                    N ^t^Skg 
                yv                       2018^t1g 1eó018            2017^t1g 1eó017
                                           ^t12g 31e                   ^t12g 31e
 P:R8bD6v   NpSVP:R8 0 P:
                                               7,373,763.13              -410,106,446.19
 lP:R8R0g QQN ]N÷e6Qe
P:R8bD6v          N]N÷e6Qe                                  -                            -
 P:R8bD6v         u3-N÷e6Qe                                 -                            -
 T                                             7,373,763.13              -410,106,446.19
7.4.7.13.2 P:R8bD6v            NpSVP:R8]N÷e6Qe
                                                                           SUOM Nl ^ QC
                                                g,g                    N ^t^Skg 
                yv                       2018^t1g 1eó018            2017^t1g 1eó017
                                           ^t12g 31e                   ^t12g 31e
SVQúP:R8 0 P:lP:R8R0g QQ
                                           3,496,519,570.88            29,663,527,533.75
N b N¤`;
Q SVQúP:R8 0 P:lP:R8R0
                                           3,435,383,494.62            29,573,691,684.74
g QQN b g,`;
                                   {, 38 u Qq77 u
                                                   SNlgt^z3Pee6vP:R82018^t^t^bTJ
 Q ^”e6R)`o`;                          53,762,313.13            499,942,295.20
 NpSVP:R8]N÷e6Qe                        7,373,763.13           -410,106,446.19
7.4.7.13.3 P:R8bD6v      N]N÷e6Qe
lè g,Wú‘,bTJg SN ^t^Skg eàP:R8N]N÷e6Qe0
7.4.7.13.4 P:R8bD6v      u3-N÷e6Qe
lè g,Wú‘,bTJg SN ^t^Skg eàP:R8u3-N÷e6Qe0
7.4.7.13.5 D§e/c R8bD6v
lè eà0
7.4.7.14 5‘^bD6v
7.4.7.14.1 5‘^bD6vyvgb
lè eà0
7.4.7.14.2 5‘^bD6v       NpSV5‘^]N÷e6Qe
lè eà0
7.4.7.14.3 5‘^bD6v       N]N÷e6Qe
lè eà0
7.4.7.14.4 5‘^bD6v       u3-N÷e6Qe
lè eà0
7.4.7.15 Mu ]Qwe6v
7.4.7.15.1 Mu ]Qwe6v     NpSVgC]N÷e6Qe
lè eà0
7.4.7.15.2 Mu ]Qwe6v     QvNbD6v
                                                                  SUOM Nl ^ QC
                                                           N ^t^Skg e6v‘
                                        g,g e6v‘
                    yv                                              
                                   2018^t1g 1eó018^t12
                                                            2017^t1g 1eó017
                                           g 31e
                                                                ^t12g 31e
VP:g 'D6v                                       -38,954.86        -22,523,700.00
 g 'bD6v                                                 -                     -
                             {, 39 u Qq77 u
                                                      SNlgt^z3Pee6vP:R82018^t^t^bTJ
7.4.7.16 )e6v
lè eà0
7.4.7.17 QlQAN÷PbK~í9                              41,077.80                       42,177.69
”L&7g R9                                  36,000.00                       36,600.00
QvN9(                                       1,200.00                          600.00
Wú‘ g NY'O 9                             40,000.00                               -
T                                         418,277.80                      439,377.69
7.4.8 b g Ny0 D§P:heT Nyvf
7.4.8.1 b g Ny
   b*óD§P:he g,Wú‘veà{O\b—2b g Ny0
7.4.8.2 D§P:heT Ny
   b*ó"bhbQúe g,Wú‘veà{O\b—2D§P:heT Ny0
7.4.9 QsTQs|
           QsTT y                                      N g,Wú‘Qs|
SNlgt^Wú‘t g –PlS(     SNlgt^
                                       Wú‘t N0 v{°g:g0 Wú‘ U.g:g
Wú‘ )
N-V”Lg –PlS(         N-V”L    )     Wú‘X{N0 Wú‘ U.g:g
SNlR8g –PlS(          SNlR8     )     Wú‘t Nv 0 Wú‘ U.g:g
PineBridgeInvestmentLLC                Wú‘t Nv
]e°S:e°bg/N§Ng –PlS                Wú‘t Nv
SNlT R8g –P#QlS(         SNlT
                                       Wú‘t Nv SNlR8vc§PQlS
R8    )
gt^r1^úD§{t (N mw)g –PlS            Wú‘t Nvc§PQlS
lè N sT¤ WGW(kc^8N R VQ… N ,UFN gak>z0
7.4.10 g,bTJg SN ^t^Skg vQsTN¤
7.4.10.1 sTN¤ SUQCLvN¤
7.4.10.1.1 hN¤
lè g,bTJg SN ^t^Skg g,Wú‘*sTN¤ SUQCLhN¤ 0
                                 {, 41 u Qq77 u
                                                 SNlgt^z3Pee6vP:R82018^t^t^bTJ
7.4.10.1.2 gCN¤
lè g,bTJg SN ^t^Skg g,Wú‘*sTN¤ SUQCLgCN¤ 0
7.4.10.1.3 ^”e/NQsTvOc‘
lè g,Wú‘,bTJg SN ^t^Skg eà^”e/NQsTvOc‘
7.4.10.2 QsTb‘l
7.4.10.2.1 Wú‘t 9
                                                                SUOM Nl ^ QC
                                 g,g
                                                        N ^t^Skg 
         yv           2018^t1g 1eó018^t12g 31
                                                 2017^t1g 1eó017^t12g 31e
                                  e
 _Sg Su vWú‘”e/N
                     5,746,989.27          31,142,611.92
 v{t 9
 QvN- e/N U.g:gv
                     267,917.71            71,516.84
 [b7~b¤9
lè N2018^t7g 13eRM e/NWú‘t NSNlgt^Wú‘{t Nb‘l RMN eWú‘D§Q
P<0.70%v^t9c e}/ógg             ^ c g e/N0 Qv{—Ql_ N:
e{t Nb‘l RMN eWú‘D§QP< × 0.70%/ _S^tY)ep0
h9cnWú‘ g NY'O hQ0 QsN etSNlgt^z3Pee6vP:R8WR8bDú‘t 9
TbX{9^vOe9Wú‘T      vhH0  ê018^t7g 13ew e/NWú‘t NSNlgt^Wú‘{
t Nb‘l RMN eWú‘D§QP<0.35%v^t9c e}/ógg              ^ c g e/N0 Qv{—
Ql_ N:
e{t Nb‘l RMN eWú‘D§QP< × 0.35%/ _S^tY)ep0
7.4.10.2.2 Wú‘X{9
                                                                SUOM Nl ^ QC
                                 g,g
                                                        N ^t^Skg 
         yv           2018^t1g 1eó018^t12g 31
                                                 2017^t1g 1eó017^t12g 31e
                                  e
 _Sg Su vWú‘”e/N
                     1,641,996.91        8,897,889.19
 vbX{9
lè N2018^t7g 13eRM e/NWú‘X{NN-V”LvbX{9 RMN eWú‘D§QP<0.20%v^t9
sc e}/ógg            ^ c g e/N0 Qv{—Ql_ N:
ebX{9 RMN eWú‘D§QP< × 0.20%/ _S^tY)ep0
                              {, 42 u Qq77 u
                                                         SNlgt^z3Pee6vP:R82018^t^t^bTJ
h9cnWú‘ g NY'O hQ0 QsN etSNlgt^z3Pee6vP:R8WR8bD1,073,991.93
TbX{9^vOe9Wú‘T        vhH0  ê018^t7g 13ew e/NWú‘X{NN-V”LvbX{9
c RMN eWú‘D§QP<0.10%v^t9c e}/ógg                    ^ c g e/N0 Qv{—Ql_ N:
ebX{9 RMN eWú‘D§QP< × 0.10%/ _S^tY)ep0
7.4.10.2.3  U.g R9
                                                                       SUOM Nl ^ QC
   _— U.g R9                                            g,g
   T QsTT y                                   2018^t1g 1eó018^t12g 31e
                                            _Sg Su vWú‘”e/Nv U.g R9
                            SNlgt^z3Pee6v       SNlgt^z3Pee6v
                                                                         T 
                                P:R8A               P:R8C
      SNlR8                                 -           2,286.06          2,286.06
   SNlgt^Wú‘                              -         126,040.17        126,040.17
      N-V”L                                -           9,182.58          9,182.58
        T                                   -         137,508.81        137,508.81
   _— U.g R9                                        N ^t^Skg 
   T QsTT y                                   2017^t1g 1eó017^t12g 31e
                                            _Sg Su vWú‘”e/Nv U.g R9
                            SNlgt^z3Pee6v       SNlgt^z3Pee6v
                                                                         T 
                                P:R8A               P:R8C
         SNlR8                 -            25.55                               25.55
      SNlgt^Wú‘              -        78,675.10                           78,675.10
         N-V”L                -        21,521.83                           21,521.83
           T                   -       100,222.48                          100,222.48
lè g,Wú‘|{Wú‘ e6S U.g R9 C|{Wú‘e/N U.g:g U.g R9                     c RMN eC
|{Wú‘D§QPOYS_Sg N§ vR)`oe6Qe
                                                                    SUOM Nl ^ QC
   QsT                       g,g                             N ^t^Skg 
    T y           2018^t1g 1eó018^t12g 31e           2017^t1g 1eó017^t12g 31e
                    gg+ OY        _Sg R)`oe6Qe          gg+ OY      _Sg R)`oe6Qe
N-V”L              4,721,367.80   82,914.91 1,137,240.43                  350,087.16
lè g,Wú‘”L[Xk>u1Wú‘X{NN-V”LO{ c ”LT N R)s`o0
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8.3 gg+ c QlQAN÷P                                                            -
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  5   ^”e6u3->                                                      1,383,259.70
  6   QvN^”e6k>                                                                -
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