Important announcements from the Hong Kong stock market today:
1) Performance Express
$PING AN (02318.HK)$In 2024, the revenue reached 1141.346 billion yuan, a year-on-year increase of 10.6%; the net income was 126.607 billion yuan, a year-on-year increase of 47.8%.
$TENCENT (00700.HK)$In 2024, revenue achieved 660.257 billion yuan, a year-on-year increase of 8%; net income was 194.073 billion yuan, a year-on-year increase of 68%. Among them, the fourth quarter achieved revenue of approximately 172.446 billion yuan, a year-on-year increase of 11% and a quarter-on-quarter increase of 3%; net income was 51.324 billion yuan, a year-on-year increase of 90% and a quarter-on-quarter decrease of 4%.
The announcement stated that in 2024, TENCENT's value-added services business revenue increased by 7% year-on-year to 319.2 billion yuan; marketing services revenue increased by 20% year-on-year to 121.4 billion yuan; financial technology and enterprise services revenue increased by 4% year-on-year to 212 billion yuan.
In terms of user data, the combined monthly active Accounts of WeChat and WeChat reached 1.385 billion, a year-on-year increase of 3%; QQ's mobile terminal monthly active Accounts numbered 0.524 billion, a year-on-year decrease of 5%; the number of paid memberships for paid value-added services reached 0.262 billion, a year-on-year increase of 7%.
Additionally, TENCENT proposed to increase the annual dividend by 32% to 4.50 Hong Kong dollars per share (totaling approximately 41 billion Hong Kong dollars) and plans to buy back at least 80 billion Hong Kong dollars worth of shares by 2025.
$HK & CHINA GAS (00003.HK)$In 2024, revenue is 55.473 billion HKD, a year-on-year decrease of 2.63%; net income is 5.712 billion HKD, a year-on-year decrease of 5.9%.
$NEXTEER (01316.HK)$In 2024, revenue is approximately 4.276 billion USD, a year-on-year growth of 1.65%; net income is 61.719 million USD, a year-on-year growth of 68%.
$CKI HOLDINGS (01038.HK)$In 2024, revenue is 38.985 billion HKD, a year-on-year increase of 1.04%; net income is 8.115 billion HKD, a year-on-year increase of 1.1%.
$ZA ONLINE (06060.HK)$In 2024, insurance service revenue reached 31.744 billion yuan, an increase of 15.29% year-on-year, with net income of 0.603 billion yuan.
$KINGSOFT (03888.HK)$ In 2024, revenue was 10.318 billion yuan, an increase of 21% year-on-year; net income was 1.552 billion yuan, an increase of 221% year-on-year.
$KINGSOFT CLOUD (03896.HK)$In 2024, revenue was approximately 7.785 billion yuan, a year-on-year increase of 10.5%; non-GAAP EBITDA was approximately 0.639 billion yuan, achieving profitability for the first year. This was mainly due to strong demand for AI business and Industry cloud projects.
In the fourth quarter, Kingsoft Cloud's revenue was 2.23 billion yuan, a year-on-year increase of 29.6%, exceeding the industry average growth rate; among which, AI cloud business revenue reached 0.474 billion yuan, a nearly 500% increase year-on-year, accounting for 34% of public cloud revenue.
$HUTCHMED (00013.HK)$In 2024, total comprehensive revenue was 0.6302 billion USD, a year-on-year decrease of 24.8%; net income was 37.729 million USD, a year-on-year decrease of 62.56%.
$ZHENRO PPT (06158.HK)$It is expected that the net loss in 2024 will be between 6-7 billion yuan. This is mainly due to the overall decline in demand in the Real Estate industry, leading to a decrease in project selling prices and gross profits.
$ZHENRO SERVICES (06958.HK)$It is expected that the loss in 2024 will not exceed 0.3 billion yuan.
$MINMETALS LAND (00230.HK)$It is expected that the loss in 2024 will be approximately 0.566 billion Hong Kong dollars.
$HOPEFLUENT (00733.HK)$It is expected that the net loss in 2024 will be between 0.25 billion and 0.3 billion Hong Kong dollars.
$SUNDART HLDGS (01568.HK)$: Revenue for 2024 is expected to be 5.997 billion HKD, an increase of 9.8% year-on-year; Net income is expected to be 0.321 billion HKD, a decrease of 2.87% year-on-year.
$VINCENT MED (01612.HK)$: Revenue for 2024 is expected to be approximately 0.801 billion HKD, an increase of 11.6% year-on-year; Net income increased by 21.8% year-on-year to 70.9 million HKD.
$HEVOL SERVICES (06093.HK)$: It is expected that the net income after tax for 2024 will decrease by approximately 25% to 35% year-on-year.
2) Company news
$CHINA RES LAND (01109.HK)$A loan financing agreement has been signed with several Institutions for a term loan facility with a ceiling of 6.342 billion Hong Kong dollars.
$FOSUN PHARMA (02196.HK)$Holding subsidiary.$HENLIUS (02696.HK)$ USA Inc. received a letter from the U.S. Food and Drug Administration confirming that HLX22 has been granted orphan drug designation for the treatment of gastric cancer.
The announcement states that HLX22 is a new targeted HER2 monoclonal antibody licensed from AbClon, Inc., and subsequently independently developed, intended for the treatment of solid tumors such as gastric and breast cancer.
$GRAND PHARMA (00512.HK)$The innovative radioactive nuclide conjugate product ITM-11 introduced has completed the enrollment and dosing of the first patient in the international multicenter Phase III clinical trial in China.
3) Buyback dynamics
$HSBC HOLDINGS (00005.HK)$Invested 0.257 billion Hong Kong dollars to buy back 2.8912 million shares, at a repurchase price of 88.7 to 89.2 Hong Kong dollars.
$SWIRE PACIFIC A (00019.HK)$Invested 38.327 million Hong Kong dollars to buy back 0.55 million shares, at a repurchase price of 10.8 to 10.88 Hong Kong dollars.
Editor/jayden
