1. In the first five months, China Coal Energy's commodity coal sales volume fell by more than 10%. How did it recover in May? 2. China Southern Airlines' passenger turnover increased by 23% year-on-year in May. What are the highlights of its cargo business?
Important announcements for Hong Kong stocks yesterday and this morning: 1) Company News
1) Company News
$CHINA COAL (01898.HK)$: The sales volume of commodity coal in the first five months was 109.18 million tons, a year-on-year decrease of 11.2%, of which the sales volume of commodity coal in May was 22.91 million tons, a year-on-year growth of 0.6%.
$CHINA EAST AIR (00670.HK)$: In May, the passenger transport capacity increased by 16.18% year-on-year, reaching 108.30% of the same period in 2019; passenger turnover increased by 34.08% year-on-year, reaching 106.66% of the same period in 2019; the passenger load factor was 80.83%, an increase of 10.80 percentage points year-on-year; and the cargo and mail turnover increased by 64.89% year-on-year, reaching 128.51% of the same period in 2019.
$CHINA SOUTH AIR (01055.HK)$: In May, the passenger transport capacity increased by 11.64% year-on-year; passenger turnover increased by 23.21% year-on-year; the passenger load factor was 83.06%, an increase of 7.80 percentage points year-on-year; and the cargo and mail turnover increased by 21.52% year-on-year.
$CRRC (01766.HK)$: Signed several contracts during the period from March to June 2024, with a total amount of about 43.62 billion yuan, accounting for about 18.6% of the revenue in 2023.
$SUNSHINE INS (06963.HK)$: In the first five months, China Life Property & Casualty Insurance Company Limited obtained an original insurance contract premium income of 20.268 billion yuan, while China Life Insurance Company Limited obtained an original insurance contract premium income of 44.541 billion yuan.
$CHINA GRAPHITE (02237.HK)$: The subsidiaries signed framework agreements with four companies on potential investment and business cooperation in graphite.
$LYGEND RESOURCE (02245.HK)$: Planning to establish a joint venture with Indonesian partner TBP to operate the lime production business.
$BRAINHOLE TECH (02203.HK)$: Sold a total of 378,000 shares for about HKD 15 million on the open market.$POP MART (09992.HK)$Shares.
$SKB BIO-B (06990.HK)$The clinical trial application for the innovative drug SKB518 injection has been approved by the National Medical Products Administration.
$HISENSE HA (00921.HK)$: The company and its subsidiaries subscribed to Yongcheng Insurance's financial products for a total amount of 2.55 billion yuan.
2) Changes in holdings.
Berkshire Hathaway decreased its shareholding.$BYD COMPANY (01211.HK)$, reducing its position to 6.9%.
$CHINAHONGQIAO (01378.HK)$The controlling shareholder further increased their shareholding by a total of 6.645 million shares.
3) Buyback Dynamics
$TENCENT (00700.HK)$They spent HKD 1.003 billion to repurchase 2.63 million shares at a repurchase price of HKD 374.8-385.6 per share.
$AIA (01299.HK)$They spent approximately HKD 283 million to repurchase 5.0888 million shares at a repurchase price of HKD 54.55-56.4 per share.
$HSBC HOLDINGS (00005.HK)$They spent HKD 236 million to repurchase 3.5 million shares at a repurchase price of HKD 67.2-67.6 per share.
$HANG SENG BANK (00011.HK)$They spent approximately HKD 32.0614 million to repurchase 300,000 shares at a repurchase price of HKD 105.5-107.6 per share.
$KUAISHOU-W (01024.HK)$They spent approximately HKD 21.6645 million to repurchase 421,200 shares at a repurchase price of HKD 51-51.5 per share.
Editor/Somer