Important announcements in the Hong Kong stock market today.

1) Company News

$BABA-W (09988.HK)$The interim results for the six months ending September 30, 2024, show revenue of 479.739 billion yuan, an increase of 4.53% year-on-year; net income of 68.143 billion yuan, an increase of 9.84% year-on-year. Of this, revenue from retail business in China was 200.429 billion yuan, a decrease of 1% year-on-year.

The announcement also stated that for the quarter ending September 30, 2024, revenue was 236.503 billion yuan, an increase of 5% year-on-year. Net income was 43.874 billion yuan, an increase of 58% year-on-year.

Additionally, alibaba plans to issue priority unsecured notes, with the net proceeds from the issuance to be used for general corporate purposes, including repaying overseas debts and share repurchases.

$CHINA SOUTH AIR (01055.HK)$In October, passenger capacity投入 increased by 8.73% year-on-year; passenger turnover increased by 16.20% year-on-year; the seat occupancy rate was 86.72%, an increase of 5.57 percentage points year-on-year.

$AIR CHINA (00753.HK)$In October, passenger carrying capacity increased by 14.5% year-on-year, passenger turnover increased by 22.1% year-on-year, and the average passenger load factor was 81.9%, an increase of 5.1 percentage points year-on-year.

$CHINA SHENHUA (01088.HK)$In the first ten months, coal sales volume was 0.384 billion tons, a year-on-year increase of 3.6%. In October, the sales volume was 38.2 million tons, an increase of 1.9% year-on-year.

The announcement also stated that in the first ten months, total power generation was 185.2 billion kilowatt-hours, a year-on-year increase of 7.4%. In October, power generation was 17.06 billion kilowatt-hours, a year-on-year increase of 5.3%.

$CSPC PHARMA (01093.HK)$In the first three quarters, total revenue was approximately 22.686 billion yuan, a year-on-year decline of 4.9%; net income was approximately 3.999 billion yuan, a year-on-year decrease of 15.2%.

The announcement stated that currently over 60 key drugs under research have entered the clinical or application stage, of which 6 have submitted market applications, and 24 products (30 indications) are in the registered clinical stage. R&D expenses for this period increased by 5.5% from the same period last year to 3.88 billion yuan, accounting for approximately 20.8% of the revenue from the pharmaceutical business.

$NCI (01336.HK)$In the first 10 months, the cumulative original insurance premium income was 155.632 billion yuan, an increase of 1.8% year-on-year.

$CHINA COAL (01898.HK)$In the first 10 months, the sales volume of commodity coal was 0.23 billion tons, a decrease of 3.2% year-on-year, while the sales volume in October was 25.1 million tons, an increase of 6.7% year-on-year.

$R&F PROPERTIES (02777.HK)$In the first 10 months, the total sales revenue was approximately 9.19 billion yuan, a decrease of 48.46% year-on-year. The total sales revenue in October was approximately 1.26 billion yuan, an increase of 12.5% year-on-year.

$VOBILE GROUP (03738.HK)$The total income for the third quarter increased by approximately 29% year-on-year.

$HISENSE HA (00921.HK)$From August 16 to November 15, several subsidiaries cumulatively subscribed to wealth management products worth 2.165 billion yuan.

$PC PARTNER (01263.HK)$Successfully conducted a secondary listing on the Singapore Exchange by means of introduction.

$WUXI APPTEC (02359.HK)$The WuXi Fund I plans to subscribe for an investment fund share of 10 million euros in Sofinnova Capital XI SCSp SICAV-RAIF.

$LOPAL TECH (02465.HK)$ On November 15, 2024, Sichuan Liyuan (the company's indirect non-wholly-owned subsidiary) will pay Bank of China for the purchase of two wealth management products with a total amount of 100 million yuan.

2) Repurchase Dynamics

$HSBC HOLDINGS (00005.HK)$Invested 0.308 billion HKD to repurchase 4.4276 million shares, repurchase price ranging from 69.25 to 69.85 HKD.

$AIA (01299.HK)$Invested 0.197 billion HKD to repurchase 3.4512 million shares, repurchase price ranging from 56.45 to 58.15 HKD.

$SINOPEC CORP (00386.HK)$Invested 21.4519 million HKD to repurchase 5.098 million shares, repurchase price ranging from 4.19 to 4.25 HKD.

$BABA-W (09988.HK)$ : Invested 19.9744 million USD to repurchase 1.7624 million shares, repurchase price ranging from 11.25 to 11.44 USD.

$SWIRE PACIFIC A (00019.HK)$: Invested 12.95 million HKD to repurchase 0.2 million shares, repurchase price ranging from 63.9 to 65.6 HKD.

$BEIJING N STAR (00588.HK)$: The controlling shareholder's shareholding plan is more than halfway through.

Editor/Rocky