Daily Hong Kong Stock Market News Express (Tuesday, September 24)

Individual Stock News

1. Miniso Group (09896.HK): Acquired 29.4% equity of Yonghui Superstores for approximately RMB 6.3 billion, including 21.1% held by Milk Company and 8.3% held by JD.com.

2. Yanzhou Coal Mining (01171.HK): Will become the largest shareholder of High Ground Resources through asset injection and cash subscription for additional shares.

3. Metallurgical Corporation of China (01618.HK): Introducing Industrial and Commercial Bank of China Investment and Agricultural Bank of China Investment to increase capital for some subsidiaries, with capital increases of approximately RMB 2.713 billion and RMB 2.7 billion respectively.

4. Haitong Securities (06837.HK) and Guotai Junan Securities (02611.HK): The merger requires approval from the respective boards of directors, shareholders' meetings, and regulatory authorities before formal implementation.

5. Era Holdings (01023.HK) released its annual performance, with revenue of approximately HKD 1.606 billion, a year-on-year decrease of about 12.1%; net profit of approximately HKD 102 million, a year-on-year decrease of 49.76%.

6. China Reinsurance (01508.HK): Obtained original premium income of RMB 35.511 billion through PICC Property and Casualty in the first 8 months, an increase of 1.92% year-on-year.

7. Aluminum Corporation of China (02068.HK): Consortium won the bid for the 350,000-ton green aluminum project (Zha Aluminum Phase II) in Zhalainuoer, Tongliao City, with a total contract price of RMB 2.7986 billion.

8. Ping An Insurance (02318.HK): Recently acquired 107 million H-shares in the secondary market, accounting for 0.587% of the company's total share capital, with a total transaction amount of HKD 3.846 billion and an average transaction price of approximately HKD 35.85 per share