Source: Finance Association
Author: Feng Yi

Important announcements for Hong Kong stocks are as follows:

1) Quarterly report summary

$AIA (01299.HK)$: The value of the new business rose 31% year over year to US$1,327 billion in the first quarter; the board of directors approved the addition of US$2 billion to the existing share repurchase plan, bringing the total to US$12 billion.

$CHINA LIFE (02628.HK)$: Revenue for the first quarter was 120.97 billion yuan, up 14.4% year on year; net profit was 20.644 billion yuan, down 9.3% year on year.

In addition, the company plans to sign a supplementary agreement with China Life Insurance Real Estate to increase the amount of capital pledged to the partnership, which will increase the pledged investment of RMB 4.9 billion to the partnership.

$CPIC (02601.HK)$: Revenue for the first quarter was 95.428 billion yuan, up 1.1% year on year; net profit was 11.759 billion yuan, up 1.1% year on year.

$CHINA SHENHUA (01088.HK)$: Revenue for the first quarter was 87.647 billion yuan, up 0.7% year on year; net profit was 15.884 billion yuan, down 14.7% year on year.

$SINOPEC CORP (00386.HK)$: Revenue for the first quarter was 789.67 billion yuan, a year-on-year decrease of 0.2%; net profit attributable to shareholders of the parent company was 18.316 billion yuan, a decrease of 8.9% year-on-year.

$SH PHARMA (02607.HK)$: Revenue for the first quarter was 70.153 billion yuan, up 5.93% year on year; net profit was 1,542 billion yuan, up 1.62% year on year.

$BANKCOMM (03328.HK)$: Net operating income was 67.201 billion yuan, up 0.05% year on year; net profit was 24.988 billion yuan, up 1.44% year on year.

$YANKUANG ENERGY (01171.HK)$: Revenue for the first quarter was 39.633 billion yuan, down 20.76% year on year; net profit was 3.757 billion yuan, down 41.85% year on year.

$BAIC MOTOR (01958.HK)$: First quarter revenue of 46.522 billion yuan; net profit of 1,035 billion yuan.

$HUADIAN POWER (01071.HK)$: Revenue for the first quarter was approximately RMB 30.952 billion, down 3.21% year on year; net profit was approximately RMB 1,862 billion, up 64.21% year on year.

$CITIC SEC (06030.HK)$: Revenue for the first quarter was 13.755 billion yuan, down 10.38% year on year; net profit was 4.959 billion yuan, down 8.47% year on year.

$CMSC (06099.HK)$: Revenue for the first quarter was about 4.299 billion yuan, a year-on-year decrease of 9.66%; net profit was 2.557 billion yuan, a decrease of 4.54% year-on-year.

$HAITONG SEC (06837.HK)$: Revenue for the first quarter was about 4.762 billion yuan, a year-on-year decrease of 44.11%; net profit was about 911 million yuan, a year-on-year decrease of 62.56%.

$CONCH CEMENT (00914.HK)$: Revenue for the first quarter was about 21.328 billion yuan, a year-on-year decrease of 32.08%; net profit was about 1,502 billion yuan, a decrease of 41.14% year-on-year.

$SHENZHENEXPRESS (00548.HK)$: First quarter revenue of 2,038 billion yuan, up 7.06% year on year; net profit of 471 million yuan, up 6.42% year on year.

$BAIYUNSHAN PH (00874.HK)$: Revenue for the first quarter was 22.946 billion yuan, up 6.09% year on year; net profit was 1,958 billion yuan, up 2.59% year on year.

$COSCO SHIP ENGY (01138.HK)$: Revenue for the first quarter was 5.838 billion yuan, up 3.68% year on year; net profit was 1,236 billion yuan, up 12.76% year on year.

$QINGDAO PORT (06198.HK)$: Revenue for the first quarter was 4.43 billion yuan, down 2.67% year on year; net profit was 1,317 billion yuan, up 4.6% year on year.

The total cargo throughput during the period was 172.04 million tons, up 6.9% year on year; container throughput was 7.67 million TEUs, up 11.5% year on year.

$BCQ (01963.HK)$: Revenue for the first quarter was 3.297 billion yuan, up 5.51% year on year; net profit was 1,542 billion yuan, up 4.04% year on year.

$C VOCATIONAL ED (01756.HK)$: Revenue for the first quarter was 640 million yuan, up 16.8% year on year; net profit was 220 million yuan, up 2.26% year on year.

2) Company highlights

$CIFI HOLD GP (00884.HK)$: It was announced that significant progress has been made in overseas restructuring, and additional financing has already been implemented for the “white list” project.

$CHINA DONGXIANG (03818.HK)$: For the three months ended March 31, 2024, retail sales of the Group's Kappa brand stores fell at a low level of 10% to 20% year-on-year, while same-store sales declined by a high number of units from year to year.

As of March 31, the number of Kappa brand stores was 1,012, a net decrease of 11 compared to March 31, 2023.

$ENN ENERGY (02688.HK)$: Retail sales of natural gas reached 7.237 billion cubic meters in the first quarter, an increase of 2.7% over the previous year.

$ROAD KING INFRA (01098.HK)$: Total property sales in the first quarter were 4,098 billion yuan; toll revenue for highway projects was 848 million yuan.

$CHI MER LAND (00978.HK)$: In the first 3 months, cumulative contract sales were 6.671 billion yuan, a year-on-year decrease of 32%

$SANXUN GROUP (06611.HK)$: In the first 3 months, cumulative contract sales amounted to 122 million yuan, a year-on-year decrease of 68.2%.

$BAIOO (02100.HK)$: Active accounts in the first quarter were 5.9 million, quarterly paid accounts were 900,000, and the average revenue of quarterly paid accounts was RMB 170.1, an increase of 13% over the previous quarter.

$HUABAO INTL (00336.HK)$: Group member companies subscribed to a total of 1,249 billion yuan of financial products.

$CHINA COMM CONS (01800.HK)$: The total number of new contracts signed in the first quarter was 507.298 billion yuan, an increase of 10.81% over the previous year, and 25.49% of the annual target was achieved.

3) Stock and repurchase trends

$SH PHARMA (02607.HK)$: It is proposed to issue various short-term debt financing products and medium- to long-term debt financing products with an equivalent balance of not more than RMB 15 billion.

$WEIMOB INC (02013.HK)$: Completed the placement of 277 million placed shares, HK$1.13 per share, with a net raise of approximately HK$308 million, all of which are to be used to refinance existing debts.

$HANG SENG BANK (00011.HK)$: Approximately HK$61,714,000 was spent to repurchase 600,000 shares at a repurchase price of HK$102.2-103.3 per share.

$SWIRE PACIFIC A (00019.HK)$: Spend HK$16.7072 million to repurchase 260,000 shares at a repurchase price of HK$63.5-65 per share.

$ZMJ (00564.HK)$: Terminate the spin-off of Hengda Intelligent Control and listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange.

$LIANLIAN (02598.HK)$: It is proposed to implement full circulation of H shares.

Editor/Jeffy