Daily Hong Kong Stock Market News Express (Tuesday, September 3)

Individual Stock News

1. Seazen (01030.HK): The company has mortgaged investment properties worth RMB 94.1 billion, with nearly RMB 30 billion of investment properties remaining unpledged to meet future financing needs.

2. BAIC MOTOR (01958.HK): The company has entered into a framework agreement with BAIC New Energy, conditionally agreeing to subscribe for shares to be issued by BAIC New Energy at a subscription price of approximately RMB 2.3815 per share. The total subscription price is RMB 2 billion.

3. BBMG (02009.HK): Announced the 2024 interim results of Jidong Cement, with operating income of approximately RMB 11.22 billion, a year-on-year decrease of 22.55%; the net loss attributable to the parent company is approximately RMB 0.806 billion, a 120% increase year-on-year.

4. Kingsoft Cloud (03896.HK): Kingsoft Cloud (Qingyang) Data, Kingsoft Cloud Network, and China Merchants Finance and Leasing have entered into a financing lease agreement, with the lessor agreeing to provide financing lease services to the lessee through direct financing lease within the framework agreement period, with a total principal amount not exceeding RMB 495 million.

5. Sino Biopharmaceutical (02096.HK): Xywa Sublingual Tablets by Sino Biopharmaceutical received breakthrough therapy designation from the U.S. Food and Drug Administration for the treatment of acute ischemic stroke.

6. Great Wall Motor (02333.HK): From December 17, 2021, to August 31, 2024, a total of 4.729 million yuan of "Great Wall Convertible Bonds" have been converted into company shares, with a cumulative conversion of 124,200 shares, accounting for 0.0013% of the total issued shares before conversion.

7. Fosun Pharma (02196.HK): Upon CEO nomination, Mr. Chen Zhanyu has been appointed as Senior Vice President and Chief Financial Officer of the company, with a term from September 2, 2024, until the expiration of the current board of directors' term