Daily Hong Kong Stock Market News Briefing (November 14, Thursday)

Important News

1. The Hong Kong Observatory issued a "No. 8 Typhoon Signal," and the Hong Kong Stock Exchange (00388.HK) stated that all its markets will continue to operate fully on the 14th, marking the first time this arrangement has been activated.

Individual Stock News

1. Tencent Holdings (00700.HK): In the third quarter of 2024, it achieved revenue of RMB 167.193 billion, an increase of 8% year-on-year, and a net profit of RMB 53.23 billion, an increase of 47% year-on-year; for the first three quarters of 2024, it achieved revenue of RMB 487.811 billion, an increase of 7% year-on-year, and a net profit of RMB 142.749 billion, an increase of 62% year-on-year.

2. Sino-Ocean Group (03377.HK): The contracted sales amount for October 2024 is approximately RMB 2.73 billion, with a contracted sales floor area of about 196,700 square meters, and a contracted sales average price of approximately RMB 13,900 per square meter.

3. China Galaxy (06881.HK) issued RMB 4 billion in short-term financing bonds with a term of 92 days and a final coupon rate of 1.88%.

4. ZA ONLINE (06060.HK): The total original insurance premium income from January 1, 2024, to October 31, 2024, is approximately RMB 28.354 billion, an increase of 13.04% year-on-year.

5. YUEXIU PROPERTY (00123.HK): The Guangzhou Land Development Center acquired the Guangzhou Daganwei site for a price of RMB 1.529 billion.

6. Alibaba Health (00241.HK) interim results release: Revenue of RMB 14.27 billion, net profit of RMB 769 million, an increase of 72.8% year-on-year.

7. CHINA INFRA INV (00600.HK): Will be delisted from the Hong Kong Stock Exchange starting November 15