A selection of major announcements
1. NIO clarifies media speculations: there are currently no reported financing activities
$NIO-SW (09866.HK)$In an announcement, the company has taken note of some widespread media speculation today, claiming that the company is considering specific financing to investors. In light of today's abnormal market activity for the Company's American Depositary Shares, the Company hereby clarifies that apart from the recent convertible bond issue completed on September 25, 2023, the Company currently has no reportable financing activities.
2. Nine Dragons Paper: Annual revenue decreased by about 12.1% to 56.739 billion yuan
$ND PAPER (02689.HK)$The annual results for the year ended June 30, 2023 were announced. Revenue decreased by about 12.1% to 56.739 billion yuan, gross profit decreased by about 78.1% to 1.53 billion yuan, net loss was about 2,383 billion yuan, and profit for the same period of the previous year was 3.275 billion yuan. The decrease in revenue was mainly due to a decrease of around 15.0% in the average selling price.
3. Haohai Biotechnology's profit: Net profit for the first three quarters is expected to increase by 85.47% year-on-year to 104.02%
$HAOHAI BIOTEC (06826.HK)$According to the announcement, net profit attributable to shareholders for the first 9 months is estimated to be 300 million yuan to 330 million yuan, up 85.47% to 104.02% year on year; after deducting non-net profit, it is expected to be about 278 million to 308 million yuan, an increase of about 97.94% to 119.30% over the previous year.
4. Ganfeng Lithium plans to invest 1 billion yuan in Ritz Electric, a subsidiary of Celis
$GANFENGLITHIUM (01772.HK)$It was announced that it is proposed to subscribe for 1 billion yuan of Ritz Electric's additional registered capital of 100 million yuan. After the capital increase is completed, the company or a third party designated by the company will hold a total of 33.33% of the shares in Ritz Electric, Dongfeng Xiaokang ($Chongqing Sokon Industry Group Stock (601127.SH)$(A wholly-owned subsidiary) will hold 66.67% of the shares of Ritz Electric.
5. Tencent Holdings: On September 25, it spent HK$401 million to repurchase 1.31 million shares
$TENCENT (00700.HK)$An announcement was made. On September 25, 2023, it cost HK$401 million to repurchase 1.31 million shares at a repurchase price of HK$303.4-311.4 per share.
Earnings Report
$ND PAPER (02689.HK)$Annual revenue decreased by about 12.1% to $56.739 billion
$HAOHAI BIOTEC (06826.HK)$Profit: Net profit for the first three quarters is expected to increase by 85.47% year-on-year to 104.02%
Investment and operation
$GANFENGLITHIUM (01772.HK)$It is proposed to invest 1 billion yuan in Ritz Electric, a subsidiary of Celis
$UNITY GP HLDGS (01539.HK)$Establish a strategic partnership with Tongwei Solar to seize the huge market opportunities in the Middle East
$CHINA TRAVEL HK (00308.HK)$It is proposed to acquire 100% of the shares of Yinda (Hong Kong) for HK$888 million
Pharmaceutical Innovation
$SH PHARMA (02607.HK)$: Application for clinical trial of WST04 preparation was accepted
$HEC CJ PHARM (01558.HK)$: Protamine human insulin mixed injection (30R) approved for marketing
$JUNSHI BIO (01877.HK)$: The phase III clinical study on first-line treatment of melanoma with treprilizumab reached the main end of the study
$HANSOH PHARMA (03692.HK)$: “HS-20105” received a clinical trial notification
$ABBISKO-B (02256.HK)$: ABSK011 was approved by NMPA to conduct clinical trials for hepatocellular carcinoma combined use
Repurchase cancellation
$TENCENT (00700.HK)$On September 25, 1.31 million shares were repurchased at a cost of HK$401 million
$HSBC HOLDINGS (00005.HK)$On September 22, it cost HK$188 million to repurchase 3.066 million shares
$AIA (01299.HK)$On September 25, 21.12,800 shares were repurchased at a cost of HK$135 million
$STANCHART (02888.HK)$On September 22, 2.301,900 shares were bought back at a cost of £17.417,400
$ESR (01821.HK)$On September 25, 1.8 million shares were repurchased at a cost of HK$19.72 million
$ZHONGSHENG HLDG (00881.HK)$On September 25, 600,000 shares were repurchased at a cost of HK$12.505,400
$KUAISHOU-W (01024.HK)$On September 25, 200,000 shares were repurchased at a cost of HK$12.385,000
$DONGFENG GROUP (00489.HK)$On September 25, it cost HK$6.583,400 to repurchase 1.99 million shares
$CK ASSET (01113.HK)$On September 25, 150,000 shares were repurchased at a cost of HK$6.04 million
$COSCO SHIP HOLD (01919.HK)$On September 25, 530,000 shares were bought back at a cost of 5.33 million yuan
$SIMCERE PHARMA (02096.HK)$On September 25, 772,000 shares were bought back at a cost of HK$4.976 million
$HAIER SMARTHOME (06690.HK)$On September 25, 200,000 A-shares were bought back at a cost of 4.85,000 yuan
$XIAOMI-W (01810.HK)$On September 25, 4 million shares were bought back at a cost of HK$47.517,200
Editor/Somer