Important announcement on the Hong Kong stock market today
1) Company News
$SMIC (00981.HK)$In the third quarter, revenue was 15.609 billion yuan, a year-on-year increase of 32.5%; net income attributable to shareholders of the listed company was 1.06 billion yuan, a year-on-year increase of 56.4%. Operating income for the first three quarters was 41.879 billion yuan, a year-on-year increase of 26.5%; net income attributable to shareholders of the listed company was 2.706 billion yuan, a year-on-year decrease of 26.4%.
During the period, an additional 0.021 million pieces of 12-inch monthly capacity were added, with the average selling price increasing. The overall capacity utilization rate increased to 90.4%, gross margin increased to 20.5%; it is expected that the fourth quarter revenue will remain flat to grow by 2% quarter-on-quarter, with gross margin ranging between 18% and 20%.
$HUA HONG SEMI (01347.HK)$In the third quarter, sales revenue was 0.5263 billion US dollars, a 7.4% year-on-year decrease, but a 10% increase compared to the previous quarter. Net income was 44.8 million US dollars, a 222.6% year-on-year increase, and a 571.6% increase compared to the previous quarter.
The announcement stated that the decrease in revenue year-on-year was mainly due to a decrease in average selling prices, partially offset by an increase in the number of wafers shipped. In addition, the company expects fourth quarter sales revenue to be between 0.53 billion and -0.54 billion US dollars, with an estimated gross margin of approximately 11% to 13%.
$GAC GROUP (02238.HK)$: The cumulative sales volume for the first 10 months was 1.5208 million vehicles, a year-on-year decrease of 24.66%; the car sales volume in October was 18.58 vehicles, a year-on-year decrease of 17.23%.
$CAFE DE CORAL H (00341.HK)$: It is expected that the net income for the six months ending September 30, 2024, will not decrease by more than 30% compared to the previous year.
$SHINSUN HOLD GP (02599.HK)$: The listing status will be canceled from November 11th.
$SWIREPROPERTIES (01972.HK)$: In the third quarter, Swire Properties had a 95% leasing rate for Pacific Place, with a 16% rent reduction; The overall leasing rate for Taikoo Hui reached 93%, with a 10% rent reduction; In mainland China, the office building leasing rate for Taikoo Hui was 92%, and Ying Tung Estate Tower 1 had a leasing rate of 80%; In Hong Kong, One and Two Exchange Square had a leasing rate of 97%.
2) Repurchase Dynamics
$COSCO SHIP HOLD (01919.HK)$The company spent 36.025 million Hong Kong dollars to repurchase 2.9765 million shares at a repurchase price of 11.92-12.26 Hong Kong dollars.
$AIA (01299.HK)$The company spent 61.8322 million Hong Kong dollars to repurchase 1.0016 million shares at a repurchase price of 60.75-62.25 Hong Kong dollars.
$BABA-W (09988.HK)$The company spent 19.9552 million US dollars to repurchase 1.6544 million shares at a repurchase price of 11.86-12.16 US dollars.
Editor/ping
