Daily Hong Kong Stock Market News Briefing (Tuesday, October 22)

USHK News
2024.10.22 01:10

Individual Stock News

  1. CIMC Group (02039.HK) announced a pleasing profit, with an expected year-on-year increase in net profit attributable to shareholders of 233% to 304% for the first three quarters.

  2. Jiumaojiu (09922.HK): Tai'er (for self-operated stores only) saw a year-on-year decrease of 18.3% in same-store daily sales in the third quarter.

  3. Li Ka-shing reduced his holdings in Postal Savings Bank of China (01658.HK) by approximately HKD 475 million, reducing his stake to 7.96%.

  4. China Power International Development (00902.HK) saw a cumulative on-grid electricity generation of 3412.40 billion kilowatt-hours from domestic power plants in the first three quarters, a year-on-year increase of 1.14%.

  5. BYD Company (01211.HK) plans to implement an employee stock ownership plan in 2024.

  6. Zijin Mining (02899.HK) announced a net profit attributable to shareholders of 24.357 billion yuan for the first three quarters, a year-on-year increase of 50.68%.

  7. Ping An Insurance (02318.HK): Ping An Bank reported a net profit of 39.729 billion yuan for the first three quarters, a year-on-year increase of 0.2%.

  8. Morgan Stanley increased its holdings in Alibaba (09988.HK) by approximately 56.3569 million shares, with a price of approximately HKD 105.09 per share.

  9. SINO-OCEAN GP (03377.HK): The UK restructuring plan meeting is scheduled to be held on November 22, 2024.

  10. Shanghai Fudan (01385.HK): Expected revenue for the first 9 months is between 26.6 billion and 27 billion yuan, with a net profit of 400 million to 450 million yuan, a year-on-year decrease of 38.48% to 30.78%.

  11. Longpan Technology's Hong Kong IPO aims to raise no more than HKD 700 million