Important announcements from the Hong Kong stock market today:
1) Performance Express
$BOC AVIATION (02588.HK)$: In 2024, total revenue increased by 3.9% year-on-year to $2.557 billion, with after-tax Net income reaching a record $0.924 billion, up 20.9% year-on-year.
The announcement stated that this was mainly due to the reversal of aircraft impairment losses and an increase in finance lease interest income, partially offset by increased financial costs and a decrease in lease rental income.
$YUEXIUTRANSPORT (01052.HK)$: In 2024, revenue was 3.867 billion yuan, a decrease of 2.5% year-on-year; Net income was 0.657 billion yuan, a decline of 14.2% year-on-year.
$AIA (01299.HK)$ : The new business value for the 2024 fiscal year is expected to rise by 18% year-on-year to 4.712 billion USD, with a proposed final dividend of 130.98 HK cents per share.
$WB-SW (09898.HK)$: For the 2024 fiscal year, net income is projected to be 1.755 billion USD, a decrease of 0.29% year-on-year; net income is 0.301 billion USD, a decrease of 12.2% year-on-year.
In the fourth quarter, revenue was 0.457 billion USD, and net income was 8.865 million USD, a year-on-year decrease of 89.35%. As of December 2024, the average daily active users were 0.26 billion.
$TONGGUAN GOLD (00340.HK)$: Revenue for 2024 is approximately 1.605 billion HKD, an increase of about 7% year-on-year; net income is 0.21 billion HKD, an increase of about 250%.
$CGN MINING (01164.HK)$: Net income is expected to decline to approximately 0.13 billion HKD to 0.18 billion HKD in 2024.
$GREEN LEADER (00061.HK)$: It is expected that the net income for 2024 will not be less than 1.35 billion Hong Kong dollars, turning a profit year-on-year. This is mainly due to the confirmed sale of subsidiary companies.
2) Company news
$BAIC MOTOR (01958.HK)$: Released the performance of Beijing Benz for 2024, with revenue of 21.747 billion euros, a year-on-year decrease of 3.3%; profit after tax was 2.443 billion euros, a year-on-year decrease of 18.54%.
$ZA ONLINE (06060.HK)$: The cumulative original insurance premium income for the first two months was approximately 5.029 billion yuan, a year-on-year increase of 10.7%.
$FOSUN PHARMA (02196.HK)$The subsidiary plans to transfer approximately 6.6% of its stake in Unicorn II Holdings Limited to Calcite Gem for 0.124 billion USD.
The announcement states that after this Trade is completed, the group will no longer Hold equity in the symbol company. Exiting small equity in Medical assets through this Trade is beneficial for the group to further focus on core Business.
$REPT BATTERO (00666.HK)$Approximately 0.567 billion issued domestic unlisted shares (domestic shares) have been converted into H Shares and listed on the Stock Exchange, which has been filed with the China Securities Regulatory Commission.
$CSPC PHARMA (01093.HK)$The company's developed SYH2051 has been approved by the FDA in the USA to conduct clinical research, indicated for advanced solid tumors.
$JOY CITY PPT (00207.HK)$Total contract sales for 2024 are 20.548 billion yuan.
3) Buyback dynamics
$HSBC HOLDINGS (00005.HK)$Spent 0.252 billion Hong Kong dollars to repurchase 2.9804 million shares at a repurchase price of 83.95-85.1 Hong Kong dollars.
$SWIRE PACIFIC A (00019.HK)$Spent 37.1205 million Hong Kong dollars to repurchase 0.54 million shares at a repurchase price of 10.58-11.4 Hong Kong dollars.
$SWIREPROPERTIES (01972.HK)$Spent 9.749 million Hong Kong dollars to repurchase 0.6 million shares at a repurchase price of 15.47-16.42 Hong Kong dollars.
Editor/Somer