A selection of major announcements

1. Air China: Passenger turnover increased 69.1% year-on-year in January

$AIR CHINA (00753.HK)$According to the announcement, in January 2024, the combined passenger turnover of the company and its subsidiaries (in terms of passenger kilometers of revenue) increased year-on-year and month-on-month. Passenger capacity investment (based on available seat kilometers) increased 53.1% year over year, up 8.9% month on month; passenger turnover increased 69.1% year on year, up 12.1% month on month. The average occupancy rate was 77.6%, up 7.3 percentage points year on year and 2.2 percentage points month on month.

2. China Eastern Airlines Co., Ltd.: Passenger turnover increased 87.97% year-on-year in January

$CHINA EAST AIR (00670.HK)$According to the announcement, in January 2024, the company's passenger capacity investment (in terms of available seat kilometers) increased 65.95% year on year; passenger turnover (in passenger carrier kilometers) increased 87.97% year on year; passenger occupancy rate was 77.42%, up 9.07 percentage points year on year. Cargo and mail turnover (in tonns/km) increased by 148.44% year-on-year in January 2024.

3. China Southern Airlines Co., Ltd.: Passenger turnover increased 56.47% year-on-year in January

$CHINA SOUTH AIR (01055.HK)$It was announced that in January 2024, the Group's passenger capacity investment (in terms of usable seat kilometers) increased by 40.39% year on year; passenger turnover (in terms of passenger kilometers revenue) increased by 56.47% year on year; and passenger occupancy rate was 81.01%, up 8.33 percentage points year on year.

4. Xinhua Insurance: The cumulative original premium income in January was about 29.89 billion yuan, a year-on-year decrease of 15.04%

$NCI (01336.HK)$According to the announcement, the company's cumulative original insurance premium income for the period from January 1, 2024 to January 31, 2024 was RMB 29.89 billion, a year-on-year decrease of 15.04%.

5. Kuaishou-W: Repurchase 912,000 shares at HK$39.97 million on February 19

$KUAISHOU-W (01024.HK)$According to the announcement, 912,000 shares were repurchased at HK$39.97 million on February 19, at a price of HK$43.45-44.35 per share.

Earnings Report

$NAGACORP (03918.HK)$Annual net profit increased 65.7% year over year to US$177.7 million

$FERRETTI (09638.HK)$Net profit of 83.5 million euros in 2023 increased by about 38.0% year on year

$KINGBOARD HLDG (00148.HK)$Profit Alert: Annual net profit is expected to drop by no more than 45%

$UNITEDENERGY GP (00467.HK)$Profit Alert: Annual consolidated net loss attributable to shareholders is expected to be approximately HK$1.5 billion to HK$1.8 billion

$KB LAMINATES (01888.HK)$Profit Alert: Annual net profit is expected to drop by no more than 55%

$JIAXING GAS (09908.HK)$Yingxi: Annual net profit is expected to increase by about 217%-308% year-on-year

Operational data

$NCI (01336.HK)$Premium income in January was 29.89 billion yuan, a year-on-year decrease of 15.04%

$SUNSHINE INS (06963.HK)$The original premium income reached 23.246 billion yuan in January

$AIR CHINA (00753.HK)$Passenger turnover increased 69.1% year-on-year in January, up 12.1% month-on-month

$CHINA EAST AIR (00670.HK)$Passenger turnover increased 87.97% year-on-year in January

$CHINA SOUTH AIR (01055.HK)$: Passenger capacity investment increased 40.39% year on year in January, passenger turnover increased 56.47% year on year

$CPIC (02601.HK)$: China Pacific Property Insurance's original insurance business revenue of 25.393 billion yuan in January increased 8.9% year-on-year

Pharmaceutical Innovation

$IMMUNOTECH-B (06978.HK)$: Drug Evaluation Center approves aT19 injection new drug phase 1 clinical trial (IND) application

$BIOCYTOGEN-B (02315.HK)$Multi-target antibody cooperation agreement reached with Gilead

Repurchase cancellation

$AIA (01299.HK)$On February 19, 1.2 million shares were repurchased at HK$77.294 million

$HSBC HOLDINGS (00005.HK)$On February 16, it cost HK$52,044,400 to buy back 841,200 shares

$KUAISHOU-W (01024.HK)$On February 19, 912,000 shares were purchased at HK$39.97 million

$COSCO SHIP HOLD (01919.HK)$On February 19, 1.35 million shares were purchased at HK$11.2714 million

$KINGSOFT (03888.HK)$On February 19, 475,000 shares were purchased at HK$10 million

$ONEWO (02602.HK)$On February 19, 200,000 shares were repurchased at HK$3.5 million

Editor/Somer