A selection of major announcements

1. Meituan-W: $2,065 million to acquire all equity interests other than Lightyear

$MEITUAN-W (03690.HK)$It was announced that group member Tianjin Sankuai Technology and other subsidiaries will acquire all interests other than Lightyear at a purchase price of about RMB 2,065 billion. Total costs include $234 million in cash; RMB 367 million in debt; and RMB 1.00 in cash. Lightyear Other is China's leading AGI (General Artificial Intelligence) innovator, founded and controlled by Wang Huiwen, co-founder of Meituan and former company director and affiliate. As of the date of this announcement, the total net cash position of Lightyear Outer Group is approximately US$285 million.

2. South China City announced annual results: Shareholders' net profit of HK$700 million, a year-on-year decrease of 7.9%

$CHINASOUTHCITY (01668.HK)$Results for the year ended March 31, 2023 were announced. Revenue from continuing operations was HK$4,052 billion, a decrease of 57.9%; net profit attributable to owners of the parent company was HK$700 million, a decrease of 7.9%; and profit per share of HK$6.34 cents.

3. Gary Pharmaceutical-B: Plans to repurchase shares of up to HK$200 million

$ASCLETIS-B (01672.HK)$It was announced that on June 29, 2023, the board of directors has decided to exercise the repurchase authorization and buy back shares from time to time on the open market according to market conditions to recommend share repurchases using up to HK$200 million.

4. Tencent Holdings: On June 29, it cost HK$401 million to buy back 1.2 million shares

$TENCENT (00700.HK)$It was announced on the Hong Kong Stock Exchange that 1.2 million shares will be repurchased on June 29 at a price of HK$331.4-339 per share, at a total cost of about HK$400 million.

IPO

KEEP (03650) began offering shares on June 30 at an offering price of HK$28.92-61.46 per share

Xinchuan Planning (01284) starting June 30 at an offering price of HK$0.84-0.92 per share

The prospecting price of Legend of Superstar (06683) from June 30 is HK$4.25 per share

Zhongan Smart Life (02271)'s prospectus price from June 30 is HK$1.18-1.48 per share

Financial data

South China City (01668) announces annual results: net profit attributable to shareholders of HK$700 million, down 7.9% year on year

Pudat Technology (00650)'s annual loss narrowed to 223 million yuan

Dexiang Real Estate (00199) Earnings Report: Expected annual net loss of not less than HK$140 million

Important matters

Meituan-W (03690): Acquisition of all interests beyond Lightyear

Naodong Technology (02203) spent about 600,000 US dollars to further purchase 56,300 shares of Xiaopeng Motor

Minimally invasive robot-B (02252): Dragonfly eye 3D electronic laparoscopy obtained EU CE certification

Guangzhou Automobile Group (02238): Plans to increase capital to subsidiary GAC International by 502 million yuan

Hanson Pharmaceuticals (03692): “HS-10518 capsules” received a clinical trial notice

Wapta Pharmaceutical-B (02142): Bartolimumab (HBM9161) biological product license application accepted by NMPA

Stone Pharmaceutical Group (01093): Bartolimumab (HBM9161) biological product license application accepted by NMPA

Shiyaku Group (01093): Reached a strategic cooperation with Pfizer to market localized oral COVID-19 antiviral drugs in China

Shi Si Pharmaceutical Group (02005): Tirofiban hydrochloride concentrated solution for injection obtained pharmaceutical production registration approval

CNOOC (03983): Termination of listing, transfer and sale of shares in Dayukou, Hubei

Repurchase cancellation

Gary Pharmaceutical-B (01672) plans to buy back up to HK$200 million in shares

Tencent Holdings (00700) spent HK$401 million to buy back 1.2 million shares on June 29

HSBC Holdings (00005) spent HK$143 million on June 29 to buy back 2.354,400 shares

AIA (01299) spent about HK$132 million to buy back 1.656 million shares on June 29

Xiaomi Group (01810) repurchased 2.3 million shares on June 29 at a cost of approximately HK$24.95 million

Kuaishou-W (01024) spent HK$198732 million to buy back 362,500 shares on June 29

Equity incentives

Imperial Palace (00286): The trustee purchased 180,000 shares under the share reward scheme

Editor/Somer