The important announcements for Hong Kong stocks yesterday and this morning are as follows:

1) Company news

$CHINA COAL (01898.HK)$: China Coal, the controlling shareholder, proposed to implement special dividends and 2024 mid-term dividends.

According to the announcement, China Coal proposed to distribute a further 1.5 billion yuan special dividend to all shareholders (shareholders) of the company; authorize the board of directors to formulate and implement a specific mid-term dividend plan under conditions that meet profit distribution. The recommended dividend amount should not be less than 30% of the net profit attributable to shareholders of listed companies in the first half of 2024.

$LEGENDHOLDING (03396.HK)$：$LENOVO GROUP (00992.HK)$Develop a strategic partnership with ALAT.

Lenovo Holdings announced that on May 28, 2024 (after the trading period), Lenovo Group signed a strategic cooperation framework agreement with Alat (a wholly-owned subsidiary of Saudi Arabia's sovereign wealth fund Public Investment Fund).

$ZTE (00763.HK)$: It is proposed to use no more than 20 billion yuan of own funds for entrusted financial management.

$PSBC (01658.HK)$It is proposed to transfer trust beneficiary rights and asset management plan income rights of RMB 51.6 billion.

$BAOZUN-W (09991.HK)$: Champion Kerry Inc. will be the company's principal shareholder.

Baozun E-Commerce announced that since May 30, 2024, Liu Yang has resigned as a director due to changes in Alibaba Investment Limited (“Alibaba”)'s shareholding in the company. Meanwhile, the board of directors learned that on May 30, 2024, Alibaba, the company's main shareholder, entered into a sales agreement with Champion Kerry Inc., according to which Alibaba agreed to sell, and Champion Kerry Inc. agreed to purchase 26.4694 million Class A common shares of the Company, accounting for approximately 14.4% (“share transfer”) of the total number of shares issued by the Company on March 31, 2024. Following the share transfer, Alibaba will no longer be a shareholder of the company, and Champion Kerry Inc. will become the company's main shareholder. The company and Alibaba will maintain a mutually beneficial business relationship, including continuing strategic cooperation.

$CHINA SHENHUA (01088.HK)$: The six subsidiary companies invested a total of 120 million yuan to participate in the Science and Technology Innovation Seed Fund.

$MODERN DENTAL (03600.HK)$: Total revenue for the first quarter was approximately HK$837 million, up 6.2% year over year.

$CHINAGOLDINTL (02099.HK)$: The Jiama copper-gold polymetallic mine resumed operation.

$AKESO (09926.HK)$: AK112-303 achieved excellent PFS results with significant positive results.

$JW THERAP-B (02126.HK)$: Preliminary clinical data on rekiolenc injection for the treatment of active systemic lupus erythematosus in adults in China will be announced in EULAR 2024.

$SSY GROUP (02005.HK)$: Trigliptin succinate has been approved by the China National Drug Administration for registration as an active ingredient for use in marketed formulations.

$CUTIA-B (02487.HK)$: The results of the phase III clinical trial of CU-10201 (4% minocycline foam for external use) were presented at the 13th ADC Annual Meeting.

2) Repurchase news

$TENCENT (00700.HK)$: Approximately HK$1.03 billion was spent to repurchase 2.72 million shares at a repurchase price of HK$365.8-374.

$AIA (01299.HK)$: HK$618 million was spent to repurchase 10.294 million shares at a repurchase price of HK$59.55-60.95.

$XIAOMI-W (01810.HK)$: A repurchase of 2.8 million shares was spent at HK$495.62,500, at a repurchase price of HK$17.62-17.74.

$HSBC HOLDINGS (00005.HK)$: HK$240 million was spent to repurchase 3.5 million shares at a repurchase price of HK$68.3-68.65.

$HANG SENG BANK (00011.HK)$: Spend HK$38.29 million to repurchase 350,000 shares at a repurchase price of HK$107.80-110.10.

edit/ruby