Important announcements from the Hong Kong stock market today.
1) Company News
$J&T EXPRESS-W (01519.HK)$In 2024, the revenue will be 10.259 billion USD, an increase of 15.9%; adjusted net income will be 0.2 billion USD, turning from loss to profit year-on-year. During the period, 24.65 billion packages were processed, a year-on-year increase of 31%; express service revenue reached 9.98 billion USD, growing by 23.4%.
$BIDU-SW (09888.HK)$The total principal amount of the issuance will be 10 billion RMB in Renminbi-denominated senior unsecured notes, including 7.5 billion RMB 2.70% notes maturing in 2030 and 2.5 billion RMB 3.00% notes maturing in 2035. The net proceeds from the issuance are intended for general corporate purposes, including the repayment of certain existing debts, interest payments, and general corporate purposes. The notes are expected to be issued around March 12, 2025.
$U-PRESID CHINA (00220.HK)$In 2024, revenue will be 30.332 billion RMB, an increase of 6.09%, with net income of 1.849 billion RMB, a year-on-year increase of 10.92%.
$CANVEST ENV (01381.HK)$In 2024, revenue is expected to be 4.198 billion HKD, a decrease of 15.4% year-on-year; net income of 0.924 billion HKD, a decline of 9.7%; core business revenue of 3.99 billion HKD, an increase of 6.4% year-on-year.
$WULING MOTORS (00305.HK)$A net income of 0.104 billion yuan is expected in 2024, an increase of 50% year-on-year, with Shareholder profit expected to be 42 million yuan, an increase of 79% year-on-year.
$PARADISE ENT (01180.HK)$A net income of 0.382 billion HKD is expected in 2024, compared to 60.9 million HKD the previous year.
$TRULY INT'L (00732.HK)$In the first two months, the cumulative comprehensive operating net income is 2.346 billion yuan, a decrease of about 15.6% year-on-year.
$CHINA POWER (02380.HK)$In January, the electricity sales volume was 9.9813 million megawatt-hours, a year-on-year decrease of 3.55%.
$CONCORD NE (00182.HK)$In the first two months, the equity power generation was 1591.92 GWh, a year-on-year decline of 2.25%.
$CSPC PHARMA (01093.HK)$The dual-function fusion protein drug JMT108 has received clinical trial approval, indicated for advanced malignant tumors.
$SYNAGISTICS (02562.HK)$Launched "Geene", the first revolutionary AI platform integrating DeepSeek and other top AI models with blockchain technology.
2) Sales data of some real estate companies in February.
$SUNAC (01918.HK)$In the first two months, contracted sales were 8.64 billion yuan, up 33.13% year-on-year.
$GREENTOWN CHINA (03900.HK)$In the first two months, contract sales were 24 billion yuan, down 3.61% year-on-year.
$RSUN PPT (01996.HK)$In the first two months, contracted sales were 1.112 billion yuan, down 39.7% year-on-year.
$GEMDALE PPT (00535.HK)$In the first two months, contract sales amounted to 1.456 billion yuan, a year-on-year decline of 24.56%.
$CIFI HOLD GP (00884.HK)$In the first two months, contract sales totaled 3.42 billion yuan.
3) Buyback and financing dynamics.
$ROBOSENSE (02498.HK)$Completed the placement of 22 million shares, raising a net of 0.989 billion Hong Kong dollars.
$HSBC HOLDINGS (00005.HK)$Invested 0.275 billion Hong Kong dollars to buy back 2.9912 million shares at a buyback price of 91.55-92.55 Hong Kong dollars.
$SWIRE PACIFIC A (00019.HK)$Spent HKD 32.7984 million to repurchase 0.49 million shares, with a repurchase price of HKD 66.50-67.35.
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