Important event

s.f. holding (06936) has set the price at HKD 34.30 per share, with a public offering that was 79.07 times oversubscribed.

Shanghai Electric Group (02727) plans to publicly transfer 100% equity of Suning Company to focus on independent research and development of core equipment and product technology.

CSPC Pharma (01093): Approval of the Biopharmaceutical Injection of Ustilumab Monoclonal Antibody for Marketing Application has been accepted.

Cansinobio (06185): Manhaxin Pharmaceuticals supplementary application accepted.

Imotionautotech (01274) plans to offer a discount of approximately 13.19% for the subscription of up to 4.427 million shares, with a net proceeds of approximately 73.28 million Hong Kong dollars.

Repurchase/Shareholding

Tencent Holdings (00700) spent 0.703 billion Hong Kong dollars to repurchase 1.78 million shares on November 26.

Alibaba-W (09988) spent 39.9733 million US dollars to repurchase 3.7625 million shares on November 25.

Kuaishou-W (01024) spent 37.1916 million Hong Kong dollars to repurchase 0.8 million shares on November 26.

Operating Performance

Zhihu-W (02390) benefited from enhanced commercialization capabilities and improved operation efficiency. In the third quarter, the gross margin expanded to 63.9%.

h world group-S (01179) released its third-quarter performance, with hotel revenue increasing by 10.7% year-on-year to 26 billion yuan.

China Edu Group (00839) announced its annual results, with a net income attributable to shareholders of 0.1971 million yuan, an increase of 3.3% year-on-year.

Chow tai fook (01929) announced its interim results with shareholder profit attributable to them being 2.53 billion Hong Kong dollars, a decrease of 44.4% year-on-year.

Luk Fook Hold (00590) released its interim results, with a net income attributable to shareholders of 0.434 billion Hong Kong dollars, a year-on-year decrease of 53.9%.

For more details, please refer to the CITIC Securities website ().