① What are the highlights of china re's subsidiary's original premium income exceeding 40 billion yuan this year? ② Gushengtang plans to repurchase up to 0.2 billion HKD, which other companies are also making large buybacks?
According to Caixin, on November 22, important announcements from the Hong Kong stock market are brought to you.
1) Company News
china re (01508.HK): In the first ten months, the subsidiary china Dadi Property Insurance's original premium income totaled approximately 42.67 billion yuan.
Duoxiangyun (06696.HK): Controlling shareholder Liu Jianhui sold a total of 0.3 billion company shares to four independent third parties, reducing holdings to 23.73%.
china oriental (00581.HK): In the third quarter, the sales volume of self-produced steel products was approximately 1.7 million tons, with a gross profit of about 50-100 yuan per ton, and an operating profit of about 57 million yuan after deducting financial costs.
freetech (06888.HK): A subsidiary plans to sell 55% of the issued shares of highway maintenance in tianjin for 71.1 million.
nameson hldgs (01982.HK): Released mid-term results for the six months ended September 30, 2024, revenue of 2.786 billion HKD, a year-on-year increase of 2.2%; net income of 0.298 billion HKD, a year-on-year increase of 3.1%.
itc properties (00199.HK): Issued a profit warning, expecting a net loss of not less than 0.5 billion Hong Kong dollars for the interim.
2) Repurchase Dynamics
Gushengtang (02273.HK): Resolved to exercise the repurchase authorization, intending to repurchase shares up to 0.2 billion Hong Kong dollars.
tencent (00700.HK): Spent approximately 0.702 billion Hong Kong dollars to repurchase 1.73 million shares, with a repurchase price of 399.8-412.2.
alibaba-W (09988.HK): Spent 39.9927 million US dollars to repurchase 3.7272 million shares, with a repurchase price of 10.68-10.86 US dollars.
hsbc holdings (00005.HK): Spent 0.187 billion Hong Kong dollars to repurchase 2.6232 million shares, with a repurchase price of 71.2-71.6 Hong Kong dollars.
sinopec corp (00386.HK): Spent 43.385 million Hong Kong dollars to repurchase 10.5 million shares, with a repurchase price of 4.09-4.19 Hong Kong dollars.
sinopec corp (00386.HK): Completed the repurchase of approximately 0.13 billion shares, involving about 0.816 billion yuan.
