Important announcements from the Hong Kong stock market today:

1) Company News

$HUA HONG SEMI (01347.HK)$: In 2024, a total sales revenue of 2.004 billion USD is achieved, with an annual gross margin of 10.2%. Among them, the fourth quarter sales revenue is 0.5392 billion USD, a year-on-year increase of 18.4% and a quarter-on-quarter increase of 2.4%, with a net loss of 25.2 million USD.

The announcement also stated that the sales revenue for the first quarter of 2025 is expected to be between 0.53 billion and 0.55 billion USD. The gross margin is expected to be between 9% and 11%.

$AAC TECH (02018.HK)$: In the fiscal year 2024, the comprehensive net income rises to 1.7 billion - -1.815 billion yuan, an increase of approximately 130% to 145% year-on-year.

The announcement stated that the significant increase in profit is mainly attributed to the revival of the global Smart Phone market and the upgrade trend, which has optimized the product mix across various product segments.

$NCI (01336.HK)$: In January, the original insurance premium income was 39.449 billion yuan, a year-on-year increase of 32%.

$ZA ONLINE (06060.HK)$: In January, the original insurance premium income was 2.732 billion yuan, a year-on-year increase of 11.83%.

$CHINA COAL (01898.HK)$: In January, the sales volume of commodity coal was 21.63 million tons, basically flat year-on-year; the sales volume of self-produced commodity coal was 10.39 million tons, a year-on-year decrease of 9.2%.

$CGN NEW ENERGY (01811.HK)$: In January, the power generation was 1,527.6 GWh, a year-on-year decrease of 7.5%. Among them, China's wind power projects increased by 9.4%, China's solar energy projects increased by 18.2%, China's combined heat and power and gas projects decreased by 5.1%, China's hydropower projects decreased by 3.3%, and South Korea's projects decreased by 34.0%.

$DATANG RENEW (01798.HK)$In January, the completed electricity generation was 3,107,319 MWh, an increase of 2.61% year-on-year. Among this, wind power increased by 0.42% and solar power increased by 28.13%.

$YIDA CHINA (03639.HK)$In January, the contract sales amount was approximately 0.062 billion yuan, a decrease of 24.39% year-on-year.

$SAM WOO CONS (03822.HK)$Recently awarded a construction engineering contract for foundation work on a project located south of Yuen Long. The expected contract value (including all contingent amounts and/or provisional contract amounts) exceeds 0.3 billion HKD.

$GIORDANO INT'L (00709.HK)$The net income for 2024 is expected to be between 0.205 billion HKD and 0.225 billion HKD, a significant decrease compared to the previous year.

$JUTAL OIL SER (03303.HK)$It is expected that the net income for 2024 will be between 0.16 billion yuan and 0.21 billion yuan.

2) Buyback dynamics

$HSBC HOLDINGS (00005.HK)$On February 12, 2025, 19.1616 million shares that had been repurchased will be canceled.

$TIMES ELECTRIC (03898.HK)$A total of 58.1724 million Hong Kong dollars was spent to repurchase 1.9163 million shares at a repurchase price of 29.85-31 Hong Kong dollars.

$SWIRE PACIFIC A (00019.HK)$Invested approximately 20.5668 million Hong Kong dollars to repurchase 0.32 million shares at a repurchase price of 63.1-64.8 Hong Kong dollars.

$COSCO SHIP HOLD (01919.HK)$Invested approximately 65.7998 million Hong Kong dollars to repurchase 5.3785 million shares at a repurchase price of 12.16-12.3 Hong Kong dollars.

Editor/Somer