Daily Hong Kong Stock Market News Briefing (November 5, Tuesday)
Individual Stock News
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Ronshine China (03301.HK): In October 2024, the group's total contract sales amounted to approximately RMB 659 million; the group's contracted construction area was approximately 64,879 square meters; the group's average contract selling price was approximately RMB 10,151 per square meter.
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Sunac China (01918.HK) is discussing a second domestic debt restructuring plan with creditors, with a final version expected by the end of November.
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Country Garden (02007.HK): In October 2024, the company and its subsidiaries, joint ventures, and associates achieved contract sales attributable to shareholders of approximately RMB 4.33 billion, with a contracted sales construction area of approximately 450,000 square meters.
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Zhou Hei Ya (01458.HK) spent HKD 986,000 to repurchase 613,000 shares on November 4.
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AGILE GROUP (03383.HK): In October 2024, the group's pre-sale amount, including its joint ventures and associates as well as AGILE projects, totaled RMB 13.56 billion, corresponding to a construction area of 1.01 million square meters; the average price was RMB 13,428 per square meter.
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Zhenro PPT (06158.HK): The contract sales amount in October was approximately RMB 558 million, with a contracted sales construction area of approximately 39,008 square meters.
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GRANDPHARMA (00512.HK): The global innovative ophthalmic drug GPN00833 has completed domestic Phase III clinical research and reached clinical endpoints.
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According to Hong Kong Stock Exchange documents, HSBC Holdings (00005.HK) repurchased 2.7 million shares on November 1, with a transaction amount of HKD 197 million.
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Yum China (YUMC.N): Total revenue in the third quarter increased by 5% year-on-year to USD 3.07 billion, marking the highest quarterly revenue in history.
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Yuexiu Property (00123.HK): Cumulative contract sales for the first ten months amounted to RMB 91.003 billion, a year-on-year decrease of approximately 24.8%, with October sales of RMB 13.361 billion, a year-on-year increase of approximately 46.8%