Selection of blockbuster announcements

1、$The People's Insurance (01339.HK) $The original premium income from January to April was 276.16 billion yuan, an increase of 13.88% over the same period last year.

The People's Insurance (01339.HK) announced that the company's original insurance premium income from PICC, PICC and PICC from January 1, 2022 to April 30, 2022 was 186.852 billion yuan, 63.227 billion yuan and 26.081 billion yuan respectively, totaling 276.16 billion yuan, an increase of 13.88 percent over the same period last year.

2、$Mega Ophthalmology-B (06622.HK) $Enter into an exclusive license agreement with Visus

Zhaoke Ophthalmology-B issued an announcement, the company and Visus Therapeutics, Inc. Enter into an exclusive license agreement to develop and commercialize BRIMOCHOLTM PF and Carbachol PF in Greater China, South Korea and designated Southeast Asia. Visus is a clinical pharmaceutical company focused on developing innovative ophthalmic treatments to improve the vision of people around the world. BRIMOCHOLTM PF and Carbachol PF are new preservative-free drugs that will be used as long-term daily eye drops to correct close vision lost due to presbyopia.

3、$China Communications Construction (01800.HK) $Sign asset exchange and issue shares to purchase asset agreements with China's urban and rural areas and Qilian Mountain on the proposed asset restructuring

China Communications Construction announced that on May 11, 2022, the company signed asset exchange and issued share purchase agreements with China's urban and rural areas and Qilian Mountains on proposed asset restructuring. Accordingly, the company held 100% equity of the Public Regulation Court, the first Court and the second Court, urban and rural China replaced the 100% equity of the Southwest Court, the Northeast Court and the Energy Institute (that is, purchased assets) with all the assets and liabilities of Qilian Mountain (that is, placed assets). The difference between the purchased assets and the placed assets is purchased by Qilian Mountain from the company and urban and rural China by issuing consideration shares. The above transactions are the premise of each other and take effect at the same time. After the completion of the proposed asset reorganization, it is expected that the asset will become a subsidiary of Qilian Mountain and the company will be the controlling shareholder of Qilian Mountain.

4、$Yum China-S (09987.HK) $According to the main franchise agreement with Yum! Brands cites dispute resolution procedures

Yum China Holdings Limited (NYSE: YUMC and Hong Kong Exchanges and Clearing Code: 9987) (hereinafter referred to as "Yum China" or "the Company") said today that it has entered into a principal franchise agreement with Yum under the Master franchise Agreement signed on October 31, 2016. Brands, Inc. ("YUM") invoked dispute resolution procedures to resolve differences between the parties on the payment of franchise fees in respect of delivery fees and third-party delivery platform commissions. The company believes that according to the master franchise agreement, the franchise fee should not be paid for the delivery fee and the commission of the third party delivery platform. The company has informed YUM that it will stop paying franchise fees for these fees. For the first quarter ended March 31, 2022, the amount of royalties in dispute was approximately $2 million. The company may also seek a refund of the franchise fees paid in respect of such delivery fees between November 1, 2016 and December 31, 2021. The company does not believe that the dispute resolution process will have a significant impact on its operations, financial performance and its long-term relationship with YUM.

5、$China has likes (08083.HK) $Revenue in the first quarter was 363 million yuan, down 13.1% from the same period last year.

Youzan in China announced that in the three months ended March 31, 2022, the group recorded a profit of about 363 million yuan, down 13.1% from the same period last year. Of this total, revenue from subscription solutions was about 220 million yuan, down 14.4 percent from the same period last year, while revenue from merchant solutions was about 139 million yuan, down 11.1 percent from the same period last year. In the three months ended March 31, 2022, the group recorded a gross profit of about 220 million yuan, down 10.1% from the same period last year, and the group gross profit margin rose to 60.8% from 58.7% in the same period last year. Of this total, the gross profit of the subscription solution was about 152 million yuan, down 20.0% from the same period last year, while that of the merchant solution was about 67.82 million yuan, an increase of 23.4% over the same period last year.

6、$Sunac China (01918.HK) $Failed to pay interest on a dollar debt within the 30-day grace period, contract sales in March and April dropped sharply by about 65% compared with the same period last year, and are facing greater liquidity pressure at this stage

Sunac China announced that the interest of US $29.48 million on the company's 7.95% preferred Notes (ISIN XS1981089284 and GM Code 198108928), which was listed on the Singapore Exchange in October 2023, was due and payable on April 11, 2022. Our company has a 30-day grace period to pay interest. As at the date of this announcement, the grace period has expired and the Company has not been able to make the relevant payment before its expiry.

Since March, sales in the core first-and second-tier cities of the Group's key layout have been seriously affected by the epidemic. Contract sales in March and April have dropped sharply by about 65% compared with the same period last year, making the Group face greater liquidity pressure at this stage.

Listing of new shares

NIO Inc.-SW (09866) is proposed to be listed on the Singapore Stock Exchange. The expected listing date is May 20th.

Important matters

China Communications Construction (01800) signed asset exchange and share purchase agreements with China's urban and rural areas and 600720.SH on proposed asset restructuring.

China National Building Material (03323): Qilian Mountain signed a schematic agreement on asset reorganization with China and China's urban and rural areas.

Mega Ophthalmology-B (06622) has reached an exclusive license agreement to commercialize BRIMOCHOL PF and Carbachol PF for presbyopia treatment in Greater China, South Korea and designated Southeast Asian markets.

Fu Hong Hanlin (02696): enter into a licensing agreement with EUROFARMA for drugs such as rituximab injection

Yum China-S (09987) released with Yum! Announcement of Brands on the dispute over the payment of franchise fees for delivery fees and commission for third-party delivery platforms

Shandong Xinhua Pharmaceutical Co., Ltd. (00719): the trading of A shares is abnormal, and there is no significant change in the main business.

Huiji Technology (01729) has established a wholly-owned subsidiary in Hong Kong to carry out server business.

Luoyang Glass (01108) and its subsidiaries received a total of 36.2908 million yuan in government subsidies.

Shengye (06069) and China Construction Bank Corporation (00939) Shenzhen Branch officially approved a new round of supply chain science and technology platform cooperation.

Goliath Pharmaceuticals-B (01672): ASC22 clinical trial application approved by FDA

China International Marine Containers (02039) entered into the Framework Agreement on goods and Services with CIMC Lease.

Byd Company Limited (01211) received 1.69 million shares pledged by LV Xiangyang and 2.7 million shares released.

Sunac China (01918): failed to pay interest on a dollar debt within the 30-day grace period, contract sales in March and April dropped sharply by about 65% compared with the same period last year, and are facing greater liquidity pressure at this stage.

Financial report data

Shenwei Pharmaceutical (02877) had a turnover of 878 million yuan in the first quarter, an increase of 18% over the same period last year.

Hutch International Holdings (01112) released its first-quarter results, with a total revenue of 2.683 billion yuan, an increase of 11.5% over the same period last year.

Unified China (00220) released first-quarter results, with an after-tax profit of about 329 million yuan, down 12.8% from a year earlier.

Fuzhikang Group (02038) released its first-quarter results, with a loss of US $18.8 million, a decrease of about 50.58% from the same period last year.

Zai Lab Limited-SB (09688) released its first-quarter results, showing a net loss attributable to shareholders of $82.394 million, down 64.62% from a year earlier.

Wynn Macau (01128) released its first-quarter results, showing a net loss attributable to shareholders of about US $188 million, an increase of 16.89% over the same period last year.

Operation data

The People's Insurance (01339): the original premium income of PICC property insurance was 186.852 billion yuan in the first 4 months.

PICC Property and Casualty's original insurance premium income in the first four months of 02328 was 186.852 billion yuan, an increase of 10.3% over the same period last year.

CGN New Energy (01811) completed a total of 6210.1 gigawatt-hours of electricity generation in the first 4 months, an increase of 1% over the same period last year.

Jiangshan Holdings (00295) the total generating capacity of solar power stations in the first 4 months is 172000 MW hours.

Cathay Pacific Airways (00293) carried 40800 passengers in April, an increase of 82.2% over the same period last year.

The contract sales of Sony Holdings Group (02103) in the first four months are about 1.308 billion yuan.

The contract sales of Greenland in Hong Kong (00337) in the first four months are about 4.385 billion yuan.

Longfor Group (00960) accumulated contract sales of 31.43 billion yuan in the first 4 months.

Repurchase cancellation

HSBC Holdings PLC (00005) bought back a total of 1.7468 million shares on May 11.

HSBC Holdings PLC (00005) bought back a total of 1.7456 million shares on May 10th.

Ping An Insurance (02318) buyback 6.697 million shares with 299 million yuan on May 11

Skyworth Group (00751) buys back 9.87 million shares on May 11th

AIA Group Limited (01299) buys back 2.2474 million shares on May 11th

Standard Chartered PLC (02888) buys back 1.906 million shares on May 10th

Haier Smart Home (06690) buyback 2.2 million shares with 55.813 million yuan on May 11

JD Health (06618) spent about HK $22.1295 million to buy back 530700 shares on May 11.

GF Securities Co., LTD. (01776) spent 21.6414 million yuan to buy back 1.3566 million A shares on May 11.

Hysan Societe Generale (00014) repurchased 100000 shares with a capital of HK $2.3037 million on May 11.

Guotai Junan International (01788) spent about HK $1.8687 million to buy back 2.225 million shares on May 11.

Shuncheng (00531) invested about HK $1.4433 million to buy back 3 million shares on May 11.

Harmonious Automobile (03836) HK $1.0148 million buyback 286500 shares on May 11th

Sino Biopharmaceutical (01177): the trustee purchased 10 million shares under the restricted share incentive scheme

Bifu Global (00327) cancels 2.104 million repurchased shares on May 11

Baoye Group (02355) cancels 20.988 million shares on May 11th

Additional placement

Xiansheng Pharmaceutical (02096) plans to grant 6.81 million shares to restricted shares on May 11.

Change of equity

Chizicheng Technology (09911) receives shareholder Spriver Tech Limited to increase its shareholding by 100000 shares

Baoxin Finance (01282): the controlling shareholder sells 1.72% of the company's shares.

Stock option

Due to the exercise of the option, China Mengniu Dairy (02319) issued a total of about 1.1542 million shares

Dividend dividend

Fast Retailing (06288) intends to pay an interim interest rate of about HK $0.17 per Hong Kong depositary securities on May 20.

China Tower Corporation (00788) intends to pay a final dividend of HK $0.03097 per share on June 30th.

Budweiser Brewing Company APAC Limited (01876) will pay a final dividend of HK $0.2368 per share on June 22nd.

Jinyu Group (02009) will pay a final dividend of HK $0.1234 per share

Fuyao Glass Industry Group (03606): h shares will pay a final cash dividend of 10 yuan per 10 shares on June 17.

Asset merger and acquisition

Baolong Commercial (09909) acquires an office building in Shanghai

Huada Hotel (00201) subsidiary plans to acquire Hong Kong Ting Lanju Hotel for about HK $1.421 billion.

Asset sale

The subsidiary of Huada Hotel (00201) intends to sell Grand City Hotel of Hong Kong for no more than HK $920 million.

Dexin China (02019) subsidiary plans to sell 54.54% stake in Hangzhou Haiyan Technology for 454 million yuan.

Guaranteed loan

Minmetals property (00230) was granted a revolving loan line of HK $700 million

Minmetals property (00230) received a loan of HK $800 million

Establish a joint venture

Beijing Jiaye (02210) plans to set up a joint venture with the commercial operation and management of Sanya Luwen Group

Increase and inject capital

First course holding (00697): the total amount of capital contribution created by Shunyi Branch in the partnership will be expanded to 2.02 billion yuan.

Zhejiang Shanghai, Hangzhou and Ningbo (00576): six investors, including Zhejiang Merchants Futures mixed Reform and time Publishing, signed a capital increase agreement.

Tianjin Entrepreneurship Environmental Protection Co., Ltd. (01065) plans to increase the capital of Linxia Venture Water by 20.91 million yuan.

Resume trading and suspend trading

Weihong Group Holdings (03321) temporarily suspended trading from May 11, pending inside information

Offer for privatization

Yaoko Holdings (01796) acquired 75% of the shares and offered a cash offer at a discount of 57.82%, and resumed trading on May 12.

Edit / irisz