Daily Hong Kong Stock Market News Briefing (November 19, Tuesday)

USHK News
2024.11.19 00:57

Important News

  1. Hong Kong Stock Exchange: Several optimization measures for mutual access are currently being prepared. Individual Stock News

  2. Xiaomi Group (01810.HK): Third-quarter revenue was approximately HKD 92.507 billion, a year-on-year increase of 30.5% and a quarter-on-quarter increase of 4.1%; profit was approximately HKD 5.34 billion, a year-on-year increase of 9.7% and a quarter-on-quarter increase of 5.3%; adjusted net profit was HKD 6.252 billion, a year-on-year increase of 4.4% and a quarter-on-quarter increase of 1.2%.

  3. Xiaomi Group (01810.HK) Lu Weibing: The delivery cycle for the Xiaomi SU7 will remain around 20 weeks, with monthly sales and production capacity maintained at over 20,000 units.

  4. Yancoal Energy (01171.HK) plans to spend approximately HKD 521.5 million to acquire 100% equity of Zhi Mining Railway.

  5. Country Garden Services (06098.HK) plans to repurchase up to 334 million shares in the open market based on general authorization.

  6. Trip.com Group (09961.HK): The net profit attributable to the parent company in the third quarter was HKD 6.765 billion, an increase of 46.59% year-on-year, with hotel and flight bookings on the international OTA platform increasing by over 60% year-on-year.

  7. Joy City Property (00207.HK): A subsidiary has acquired land use rights located in Sanya, China, and has paid a bidding deposit of HKD 434.5 million.

  8. SUNSHINE INS (06963.HK): The original insurance contract premium income of Sunshine Life Insurance for the first 10 months was HKD 73.966 billion, a year-on-year increase of 15.45%.

  9. SF Holding: Plans to issue 170 million shares for its Hong Kong listing, with an issue price of up to HKD 36.3.

  10. Reports say China Mobile (00941.HK) is exploring the acquisition of Hong Kong Broadband, with a valuation exceeding HKD 6.5 billion

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