Selection of blockbuster announcements

1. Byd Company Limited: terminate the listing of BYD Semiconductor on the Shenzhen Stock Exchange

$BYD COMPANY (01211.HK)$It was announced that on November 15, 2022, the company held the 29th meeting of the Seventh session of the Board of Directors and the 13th meeting of the Seventh session of the Supervisory Board, deliberated and passed the "motion on terminating the listing of its subsidiary BYD Semiconductor Co., Ltd., into the growth Enterprise Market", and agreed to terminate the divestment and listing of BYD Semiconductor. It is agreed that BYD Semiconductor will be spun off to be listed on the gem of the Shenzhen Stock Exchange and withdraw the relevant listing application documents. At these meetings, it was discussed and agreed that when the conditions are ripe, the company will choose the opportunity to start the spin-off and listing of BYD semiconductors again.

2. Tencent Music: net profit in the third quarter increased by 38.7% year-on-year to 1.093 billion yuan, and the number of online music-paying households reached 85.3 million.

$TME-SW (01698.HK)$Unaudited financial results for the third quarter of 2022 were announced, and the company's net profit was 1.09 billion yuan, an increase of 38.7% over the same period last year and 22.5% month-on-month growth. In the three months ended September 30, 2022, total revenue was 7.37 billion yuan, down 5.6 per cent from a year earlier and up 6.7 per cent from a month earlier. Online music subscription revenue rose 18.3% year-on-year to 2.25 billion yuan. The number of online music payment households reached 85.3 million, an increase of 19.8% over the same period last year, and a net increase of 2.6 million over the previous month.

3. Kingsoft released its third-quarter results, with a loss of more than 6 billion per quarter.

$KINGSOFT (03888.HK)$When the results for the three months ended September 30, 2022 were released, the income was about 1.837 billion yuan (the same unit below), an increase of 22% over the same period last year; the loss attributable to the owners of the company was 6.055 billion yuan, while the profit attributable to the owners of the company in the same period last year was 565 million yuan; the basic loss per share is 4.44 yuan. The announcement said that the loss in the third quarter of 2022 was mainly due to the provision for impairment of Kingsoft Cloud Holdings's investment.

4. Air China Limited's passenger turnover fell 57.1% in October from a year earlier, down 11.6% from a month earlier.

$AIR CHINA (00753.HK)$It was announced that in October 2022, the combined passenger turnover of Air China and its subsidiaries (in terms of income passenger kilometers) decreased compared with the same period last year and month-on-month. Passenger turnover fell 57.1% year-on-year and 11.6% month-on-month; passenger transport capacity (measured by available seat kilometers) fell by 54.0% year-on-year.

5. Midea's home purchase: 15 billion yuan shelf-type registered issue accepted by the Dealers Association

$Midea Real Estate (03990.HK)$It is announced that on November 15, 2022, the shelf-type medium-term notes of Midea Real Estate Group Co., Ltd., an indirect wholly-owned subsidiary of Midea Real Estate Company established in China, has been accepted by Bank of China Ltd. Inter-Market Dealers Association, and the application for registration is RMB 15 billion yuan. China Bond Credit Enhancement Investment Co., Ltd. simultaneously accepts the company's credit intention.

6. Goliath Pharmaceuticals-B:ASC10 Monkeypox New Drug Clinical trial Application approved by FDA of the United States

$ASCLETIS-B (01672.HK)$According to the announcement, the US Food and Drug Administration (FDA) has approved the application for clinical trials of new drugs for ASC10 monkeypox indications (IND). Based on available data, FDA in the United States has approved ASC10 to conduct a randomized, double-blind, placebo-controlled phase Ib study at a dose of 800mg twice a day to evaluate the safety, tolerance, efficacy and pharmacokinetics of ASC10 tablets in patients with monkeypox virus.

Important matters

China International Capital Corporation (03908) intends to issue US $650 million bill

Gusheng Tang (02273) intends to acquire 100% stake in Qiancheng Nursing Home and Huiyuan Tangguo Pharmacy.

China Electric Power (02380): it has acquired and is expected to obtain further financing in the form of sustainable debt instruments in the form of national electric investment up to a total of 11.268 billion yuan.

Byd Company Limited: end the listing of BYD Semiconductor on the Shenzhen Stock Exchange and carry out large-scale wafer production capacity investment.

Agile announced on the Hong Kong Stock Exchange that it would place 295 million shares on an old-to-new basis at a price of HK $2.68 per share, with a net financing of HK $783 million

Financial data

Kingsoft (03888): revenue of 1.837 billion yuan in the third quarter increased by 22% over the same period last year.

Faraday (09638) adjusted EBITDA reached 106 million euros in September, an increase of 26.4% over the same period last year.

Revenue of Gaoxin Retail (06808) fell slightly by 2.2% to 40.611 billion yuan in the first half of fiscal year, with a net loss of about 69 million yuan.

Tencent Music: net profit in the third quarter increased by 38.7% to 1.093 billion yuan compared with the same period last year, and the number of online music-paying households reached 85.3 million

Kingsoft released its third-quarter results, with a loss of more than 6 billion per quarter.

Operation data

China MCC (01618): the newly signed contract value of 1.05 trillion yuan from January to October increased by 8.8% over the same period last year.

Electricity sales of China Resources Power Holdings (00836) affiliated power plant increased by 4.9% in the first ten months.

CGN New Energy (01811): 1576 GWh in October, an increase of 5.3% over the same period last year

China Coal Energy (01898): commercial coal sales of 19.89 million tons fell 24.8% in October compared with the same period last year.

China Southern Airlines (01055): the input of passenger transport capacity fell by 48.51% in October compared with the same period last year.

Mountain high new energy (01250) completed electricity generation of about 409000 megawatt-hours in October, an increase of about 18.7% over the same period last year.

Air China Limited (00753) October passenger turnover fell 57.1% from a year earlier, down 11.6% from a month earlier.

China China Eastern Airlines Corp Ltd (00670) passenger turnover fell 56.16% in October compared with the same period last year.

Investment and operation

Sunny Optical Technology (02382) subsidiary initiated legal proceedings against a number of companies for infringing group intellectual property rights

Xiansheng Pharmaceutical (02096) and IDORSIA enter into exclusive Licensing Agreement for Insomnia Drug DARIDOREXANT

Maanshan Iron and Steel Co., Ltd. (00323): Baowu Finance intends to absorb and merge Maanshan Iron and Steel Finance

Ma'anshan Iron and Steel Co., Ltd. (00323) plans to transfer 75% equity of Jinhua processing by 168 million yuan.

Midea Home (03990): 15 billion yuan shelf registered issue accepted by Dealers Association

Goliath Pharmaceutical-B:ASC10 Monkeypox New Drug Clinical trial Application approved by FDA of the United States

Increase and decrease holdings

PICC Property and Casualty (02328) was reduced by 18.624 million shares by JPMorgan Chase & Co

Xintian Green Energy (00956) increased its stake by 4.73 million shares by the Norwegian Central Bank

Shandong Gold Mining (01787) lost 2.2835 million shares by Schroders PLC

China Communications Service (00552) lost 8.0938 million shares by Hermes Investment

Flat Glass Group (06865) was awarded 1.8388 million shares by JPMorgan Chase & Co

CANSINOBIO (06185) was awarded 769800 shares by JPMorgan Chase & Co

Repurchase cancellation

China Petroleum & Chemical Corporation (00386) spent HK $98.152 million to buy back 28.57 million shares on November 15th

Swire AG A (00019) spent HK $7.0478 million to buy back 117500 shares on November 15th