Important announcements from Hong Kong stocks yesterday

1) Quarterly report summary

$ICBC (01398.HK)$: Revenue for the first quarter was $210.165 billion, down 3.80% year on year. Net profit was $87.653 billion, down 2.78% year on year.

$CCB (00939.HK)$: Operating revenue for the first quarter was 19.284 billion yuan, down 2.82% year on year; net profit was 86.817 billion yuan, down 2.17% year on year.

$PSBC (01658.HK)$: Revenue for the first quarter was 89.494 billion yuan, up 1.42% year on year; net profit was 25.926 billion yuan, down 1.35% year on year.

$CM BANK (03968.HK)$: Revenue for the first quarter was 86.42 billion yuan, down 4.64% year on year; net profit was 38.077 billion yuan, down 1.96% year on year.

$NCI (01336.HK)$: Revenue for the first quarter was 26.479 billion yuan, down 8.7% year on year; net profit was 4.942 billion yuan, down 28.6% year on year.

$ABC (01288.HK)$: Revenue for the first quarter was 186.147 billion yuan, down 1.70% year on year. Net profit of 70.386 billion yuan, down 1.63% year-on-year

$PICC GROUP (01339.HK)$: Revenue for the first quarter was 138.778 billion yuan, up 0.7% year on year; net profit was 8.963 billion yuan, down 23.5% year on year.

$CHINA RAIL CONS (01186.HK)$: Revenue for the first quarter was 274.949 billion yuan, up 0.52% year on year; net profit was 6.025 billion yuan, up 1.98% year on year.

From the beginning of the year to the end of the reporting period, the total number of new contracts signed by the Group was 55,689.5 billion yuan, or 18.35% of the annual plan, an increase of 2.05% over the previous year.

$CHINA COMM CONS (01800.HK)$: The amount of new contracts signed in the first quarter was 507.298 billion yuan, up 10.81% year on year; operating income was about 176.904 billion yuan, up 0.18% year on year; net profit was about 6.141 billion yuan, up 10% year on year.

$PETROCHINA (00857.HK)$: Revenue for the first quarter was 812.184 billion yuan, up 10.9% year on year; net profit was 45.683 billion yuan, up 4.7% year on year.

$CHINA VANKE (02202.HK)$: Revenue for the first quarter was 61,594 billion yuan, down 10.05% year on year; net loss was 362 million yuan, changing from profit to loss year over year.

During the reporting period, the Group achieved a contract sales area of 3.911 million square meters, with a contract sales amount of 57.98 billion yuan, a year-on-year decrease of 37.5% and 42.8%, respectively.

$HAIER SMARTHOME (06690.HK)$: Revenue for the first quarter was about 68.977.5 billion yuan, up 6.01% year on year; net profit was about 4.773 billion yuan, up 20.16% year on year. During the period, the company's revenue in the Chinese market increased by 8.1%.

$BYD COMPANY (01211.HK)$: Revenue for the first quarter was about 124.944 billion yuan, up 3.97% year on year; net profit was about 4.569 billion yuan, up 10.62% year on year.

$BYD ELECTRONIC (00285.HK)$: Revenue for the first quarter was 36.48 billion yuan, up 38.31% year on year; net profit was 610 million yuan, up 33.01% year on year.

$WEICHAI POWER (02338.HK)$: Revenue for the first quarter was $56.38 billion, up 5.51% year on year; net profit was 2.6 billion yuan, up 40.07% year on year.

$CRRC (01766.HK)$: Revenue for the first quarter was approximately RMB 32.183 billion, down 0.6% year on year; net profit was about RMB 1,008 billion, up 63.86% year on year.

$ZOOMLION (01157.HK)$: Revenue for the first quarter was about 11.773 billion yuan, up 12.93% year on year; net profit was about 916 million yuan, up 13.06% year on year.

$CSC (06066.HK)$: First quarter revenue of 4.294 billion yuan, a year-on-year decrease of 35.91%; net profit of 1,228 billion yuan, a year-on-year decrease of 49.39%.

$GUOLIAN SEC (01456.HK)$: First quarter revenue of 173 million yuan, a year-on-year decrease of 74.44%; net profit of 207 million yuan, year-on-year profit and loss.

$CHINA SOUTH AIR (01055.HK)$: First quarter revenue of 44.601 billion yuan, up 30.97% year on year; net profit of 756 million yuan, loss of 1,898 billion yuan for the same period last year.

$SINOTRANS (00598.HK)$: Revenue for the first quarter was 24.287 billion yuan, up 8.09% year on year; net profit was 803 million yuan, down 16.05% year on year.

$COSCO SHIP DEV (02866.HK)$: Revenue for the first quarter was about 4.94 billion yuan, up 39.11% year on year; net profit was about 447 million yuan, up 12.22% year on year.

$FLAT GLASS (06865.HK)$: Revenue for the first quarter was about 5.726 billion yuan, up 6.73% year on year; net profit was about 760 million yuan, up 48.57% year on year.

$XINTE ENERGY (01799.HK)$: First quarter revenue of 5.601 billion yuan, operating costs of 4.29 billion yuan, and net profit attributable to shareholders of listed companies of 359 million yuan.

$GUANGSHEN RAIL (00525.HK)$: Revenue for the first quarter was 6.6 billion yuan, up 7.39% year on year; net profit was 547 million yuan, up 34.99% year on year.

$CHONGQING IRON (01053.HK)$: Revenue for the first quarter was about 7.736 billion yuan, a year-on-year decrease of 26.11%; net loss was about 334 million yuan, an increase of 216.5% year-on-year.

$JUNSHI BIO (01877.HK)$: Revenue for the first quarter was about 381 million yuan, up 49.24% year on year; net loss was about 283 million yuan, narrowing by 47.92% year on year

During the period, the core product treprilizumab injection achieved sales revenue of about 307 million yuan in the domestic market, an increase of about 56.82% over the previous year.

$JOINN (06127.HK)$: Revenue for the first quarter was 325 million yuan, down 12.07% year on year; net loss was 272 million yuan, profit for the same period last year was 188 million yuan.

2) Company highlights

$GWMOTOR (02333.HK)$: From December 1, 2023 to March 31, 2024, the total amount of relevant government subsidies received was RMB 667 million, accounting for 9.50% of the company's most recent audited net profit.

$CHALIECO (02068.HK)$: The amount of contracts to be signed in the first quarter was 2,401 billion yuan, and the amount of new contracts signed was 5.570 billion yuan, a year-on-year decrease of 56.91%. Among them, civil construction contracts for engineering construction and highway municipal contracts decreased by 78.34% and 75.65%, respectively, compared to the same period last year.

$CRRC (01766.HK)$: The subsidiary plans to sell 49% of Pu Industrial Park Company's shares to CRRC Technology Park for 302 million yuan.

$SHENZHEN INVEST (00604.HK)$: Contract sales for the first quarter were about 1.708 billion yuan, a year-on-year decrease of 31.0%.

$BEIJING N STAR (00588.HK)$: No new real estate reserves were added in the first quarter. The total land reserve was 4.247,700 square meters, with sales amount of 644 million yuan, a year-on-year decrease of 71.74%.

$FIRST SHANGHAI (00227.HK)$: Completed the sale of 61.92% of Shanghai Zhongchuang International Container Storage and Transportation's shares and shareholder loans.

$FANTASIA (01777.HK)$: Sign a restructuring support agreement with a group of bondholders (holding approximately 32% of the total outstanding principal amount of existing notes).

3) Repurchase news

$SWIRE PACIFIC A (00019.HK)$: A repurchase of 285,000 shares was spent at HK$18.6765 million, with a repurchase price of HK$65.2-65.95 per share.

$SIMCERE PHARMA (02096.HK)$: 1,654 million shares were repurchased at HK$8.922,200, with a repurchase price of HK$5.37-5.44 per share.

$JF WEALTH (09636.HK)$: A repurchase of 500,000 shares was spent at HK$5.6097 million, at a repurchase price of HK$11.08-11.28 per share.

Editor/Jeffrey