Selection of blockbuster announcements
1. BABA's adjusted net profit in the third quarter was 49.932 billion yuan, an increase of 12% over the same period last year.
$BABA-SW (09988.HK)$It was announced that revenue for the quarter ended December 31, 2022 (corresponding to the third quarter of fiscal year 2023) was 247.756 billion yuan (the same below), up 2% from the same period last year; adjusted net profit was 49.932 billion yuan, up 12% from the same period last year; adjusted income per ADS was 19.26 yuan, up 14% from the same period last year; and free cash flow was 81.514 billion yuan, up 15% from the same period last year.
2. NetEase, Inc's net revenue of Q4 in 2022 was 25.4 billion yuan, an increase of 4% over the same period last year.
$NetEase, Inc.-S (09999.HK)$Release 2022 Q4 and annual results. According to the financial report, NetEase, Inc's net income of Q4 in 2022 was 25.4 billion yuan, an increase of 4% over the same period last year. The adjusted net profit of Q4 was 4.8 billion yuan, compared with 6.6 billion yuan in the same period last year. Of this total, the net income from games and related value-added services was 19.1 billion yuan, an increase of 1.6 per cent over the same period last year. The net income of youdao was 1.5 billion yuan, up 9.0% from the same period last year. The net income of Cloud Music was 2.4 billion yuan, an increase of 25.8% over the same period last year. Net income from innovation and other businesses was RMB 2.4 billion, an increase of 3.4 per cent over the same period last year.
3. Cloud Music's revenue increased by 28.5% to 8.992 billion yuan compared with the same period last year, with an adjusted net loss of 115 million yuan, a decrease of 89% over the same period last year.
$CLOUD MUSIC (09899.HK)$According to the annual results, for the year ended December 31, 2022, the company's revenue was 8.992 billion yuan, an increase of 28.5% over the same period last year, and a gross profit of 1.293 billion yuan, an increase of 806.3% over the same period last year. Gross profit increased from 2.0% in 2021 to 14.4% in 2022; the adjusted net loss was 115 million yuan, a sharp decrease of 89.0% over the same period last year. The decrease in adjusted net loss was mainly due to an increase in net income and continuously improved cost control.
4. Hong Kong Exchanges and Clearing's profit attributable to shareholders in 2022 was HK $10.078 billion, down 20% from the same period last year.
$HKEX (00388.HK)$Revenue and other income fell 12 per cent year-on-year to HK $18.456 billion, while profit attributable to shareholders fell 20 per cent to HK $10.078 billion. EBITDA was HK $13.185 billion, down 19 per cent from a year earlier. Profit margins were 72 per cent, down 6 per cent from a year earlier. Basic earnings per share are HK $7.96.
Techtronic Industries denied the allegations contained in the short selling report and resumed trading on February 24th.
$TECHTRONIC IND (00669.HK)$Issue an announcement about the research report published online by Jehoshaphat Research on February 22, 2023 about its short selling of shares in the company. The company's board of directors usually does not comment on third-party articles or reports. However, the company strongly denies the allegations contained in the report because they contain numerous defamatory, biased, out-of-context, inaccurate and incomplete statements.
The company's share trading application was resumed at 9: 00 a.m. on February 24, 2023.
Financial data
Sun Hung Kai Properties's (00016) interim net profit fell 44.62% to HK $8.41 billion interim dividend of HK $1.25 per share.
Galaxy Entertainment (00027) net income in 2022 was HK $11.5 billion, down 42% from a year earlier.
New World Development (00017) announced interim results with consolidated income of HK $40.2 billion and interim interest of HK $0.46.
Pacific Shipping (02343): basic profit of $715 million in 2022
NWS Group (00659) medium-term profit attributable to shareholders decreased by 27% to HK $1.1624 billion
Haojiang Mechatronics (01408) earnings warning: net profit is expected to drop by about 60% and 70%.
Coconut Group (01695): it is estimated that the after-tax loss will be reduced by not less than 70% in fiscal year 2022.
Important matters
Guangzhou Automobile Group (02238) Board of Directors examined and approved the bill of the second phase project of Guangzhou Automobile Steel of Angang.
China Nuclear Energy Science and Technology (00611) signs equipment purchase agreement with JinkoSolar Holding Co Ltd
Cornerstone Pharmaceutical-B (02616): the European Drug Administration has accepted applications for marketing licenses of sulgarizumab for the treatment of metastatic squamous and non-small cell lung cancer.
Green Leaf Pharmaceutical (02186): palmitate sustained release suspension injection (LY03010) approved to conduct clinical trials in Europe
Industrial and Commercial Bank of China (01398): arrange fixed assets investment budget of 16 billion yuan in 2023
Increase and decrease holdings
China National Building Material (03323) acquired controlling shareholder China National Building Material Group increased its holdings of 25.584 million H shares
Repurchase cancellation
Zoomlion Heavy Industry Science and Technology (01157) spent 81.0953 million yuan to buy back 11.91 million A shares on Feb. 23.
China Mengniu Dairy (02319) spent HK $36.2222 million to buy back 1 million shares on February 23rd
Edit / emily