Big announcement

1. Yum China: Net profit for the third quarter was US$244 million, up 18% year on year

$YUM CHINA (09987.HK)$It was announced that total revenue for the third quarter was US$2.91 billion, up 9% year on year (or 15%, at a fixed exchange rate). Net profit was US$244 million, up 18% year over year. Adjusted net profit was $248 million, up 19% year over year (or 27% at a fixed exchange rate). The diluted earnings per share were $0.58 and the cash dividend per share was $0.13, due to be paid on December 19, 2023.

2. Sany International: Net profit returned to the mother in the first three quarters was 1.77 billion yuan, an increase of about 36.7% over the previous year

$SANY INT'L (00631.HK)$The results for the first three quarters of 2023 were announced. The group achieved revenue of 15.837 billion yuan (RMB, same below) during the period, an increase of 36.5% over the previous year; gross profit of 4.308 billion yuan, an increase of 59.5% over the previous year; and net profit of 1,772 billion yuan, an increase of 36.7% over the previous year.

3. Zero Sports Car: The founder of the company promised not to reduce his holdings within 10 years

$LEAPMOTOR (09863.HK)$An announcement was issued. Based on confidence in the future development of the company, in order to promote the company's continuous, stable and healthy development and protect the interests of investors from the general public, Mr. Zhu Jiangming (founder, chairman and CEO of the company) and his spouse, Mr. Liu Yunzhen, Mr. Fu Liquan, and their spouse, Ms. Chen Ailing, voluntarily pledged not to transfer or reduce their holdings of the company's shares in any way for the next 10 years from the date of this announcement.

4. Haidilao: Plans to buy all shares in JAPAN HAI for 17.389,000 US dollars

$HAIDILAO (06862.HK)$It was announced that on October 31, 2023, Newpai, a wholly-owned subsidiary of the company, entered into a share transfer agreement with Haidilao Japan, a wholly-owned subsidiary of Tehai. According to this, Haidilao Japan agreed to sell and Newpai agreed to buy all of the Japan HAI shares held by Haidilao Japan at a cost of about US$17.389 million. Once the share transfer is completed, JAPANHAI will become a wholly-owned subsidiary of the company. JAPAN HAI was incorporated in Japan by HaiDiLao Japan on September 15, 2023. It is mainly engaged in the management and operation of Japanese hotels, and holds a license to develop hot springs in Japan.

5. CICC: Issuance of no more than 20 billion yuan of corporate bonds has been approved for registration

$CICC (03908.HK)$According to the announcement, the company recently received approval from the China Securities Regulatory Commission, agreeing to the company's registration application for the public issuance of corporate bonds with a total face value of not more than 20 billion yuan to professional investors.

Important matters

$LEAPMOTOR (09863.HK)$: The founder of the company promised not to reduce his holdings within 10 years

$HAIDILAO (06862.HK)$Plans to buy all shares in JAPAN HAI for $17.389 million

$SINOPEC SSC (01033.HK)$: Won the bid for Pemex's IXACHI 3D earthquake collection and processing project with a total amount of US$157 million

$C CARBONNEUTRAL (01372.HK)$: Weiheng Cattle Industry's biogas recycling project, which provides consulting services for carbon neutrality in China, was successfully registered on the VCS platform

$SHENZHEN INT'L (00152.HK)$Signed a land preparation supervision agreement to launch the first phase of the South China Logistics Park

$CICC (03908.HK)$: The China Securities Regulatory Commission approved the company's registration application to issue no more than 20 billion yuan of corporate bonds

Earnings Report

$YUM CHINA (09987.HK)$Net profit for the third quarter was US$244 million, up 18% year on year

$PRADA (01913.HK)$Net earnings of €3,344 million for the first three quarters increased 16.8% year over year (at a fixed exchange rate)

$ZHEJIANGEXPRESS (00576.HK)$Net profit of 4,079 billion yuan in the first three quarters increased 38.69% year-on-year

$BEIJING AIRPORT (00694.HK)$Revenue of 3,227 billion yuan in the first three quarters increased 83.96% year on year

$SANY INT'L (00631.HK)$Net profit of 1.77 billion yuan in the first three quarters increased by about 36.7% year-on-year

$RADIANCE HLDGS (09993.HK)$: Jinhui Group's net profit for the first three quarters fell 22.70% to 1.151 billion yuan

Pharmaceutical Innovation

$HENLIUS (02696.HK)$: The phase 3 clinical study of first-line treatment of advanced non-squamous non-small cell lung cancer with Hans-like® chemotherapy has reached a major research end.

$LUYE PHARMA (02186.HK)$: Risomine transdermal patch (2 times/W) approved for listing in China

Repurchase cancellation

$GCL TECH (03800.HK)$Further repurchase of 6 million shares

$ONEWO (02602.HK)$The capital limit for the proposed repurchase of H shares on the open market is HK$632 million

$AIA (01299.HK)$On October 31, 1,975,200 shares were repurchased at a cost of HK$135 million

$SINOPEC CORP (00386.HK)$On October 31, it spent HK$495.192 million to repurchase 12.344 million shares

$POP MART (09992.HK)$On October 31, 1.4 million shares were repurchased at a cost of HK$3.077 million

$COSCO SHIP HOLD (01919.HK)$On October 31, 1.61 million shares were repurchased at a cost of HK$127.555,700

$HAOHAI BIOTEC (06826.HK)$On October 31, 179,900 shares were repurchased at a cost of HK$6.932,100

Editor/Somer