Daily Hong Kong Stock Market News Briefing (November 12, Tuesday)

USHK News
2024.11.12 01:04

Individual Stock News

  1. Zhongsheng Holdings (00881.HK): The company has signed a preliminary negotiation agreement with Seres, agreeing to further discuss cooperation in distributing its new energy vehicles.

  2. CIMC (02039.HK): Recently, it has further purchased a total of 21.664 million shares of CIMC ENRIC in the open market.

  3. Q TECH (01478.HK): In October 2024, the sales volume of mobile phone camera modules was approximately 38.25 million units, an increase of 16.8% month-on-month and 11.4% year-on-year. The total sales quantity of camera modules was 39.383 million units, an increase of 16.3% month-on-month and 12.2% year-on-year.

  4. New World Development (01030.HK): In October 2024, the group achieved a contract sales amount of approximately RMB 2.616 billion, a decrease of 56.63% year-on-year, with a contract sales area of approximately 363,700 square meters.

  5. Sunac China (01918.HK): The company hereby reminds convertible bondholders that the conversion period for the convertible bonds began on November 20, 2023, and will end on November 20, 2024.

  6. Guangzhou-Shenzhen Railway (00525.HK): The board of directors received a resignation letter from the company's chairman and executive director, Wei Hao, on November 11, 2024. Due to work changes, Mr. Wei has applied to resign from the positions of chairman, executive director, member of the board's remuneration committee, and member of the board's nomination committee.

  7. Leapmotor (09863.HK): In the third quarter of 2024, revenue was RMB 9.86 billion, an increase of 83.9% compared to the second quarter and a year-on-year increase of 74.3%, mainly due to significant growth in product delivery volume and optimization of product sales structure.

  8. Longguang Group (03380.HK): According to the creditor support agreement, the final deadline has been further extended from November 11, 2024, to December 2, 2024, to allow more time for ongoing negotiations regarding overseas restructuring

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