Daily Hong Kong Stock Market News Briefing (January 3, Friday)

USHK News
2025.01.03 01:08

Individual Stock News

  1. Alibaba (BABA.N) still has a repurchase quota of USD 20.7 billion under its share repurchase plan.

  2. ANTA SPORTS (02020.HK) repurchased approximately HKD 99.5 million worth of shares on January 2.

  3. COUNTRY GARDEN (02007.HK): A board meeting will be held on January 14 to approve the 2023 performance and the mid-year performance for 2024.

  4. Tencent Holdings (00700.HK) spent HKD 701 million to repurchase 1.68 million shares on January 2.

  5. According to Hong Kong Stock Exchange documents, as of December 27, BlackRock reduced its long position in WuXi AppTec (02359.HK) H shares from 6.01% to 5.33%.

  6. Haitong Securities (06837.HK): The proposal for Guotai Junan to merge with Haitong Securities through a share swap and raise matching funds will be discussed at the meeting.

  7. QinGang Co., Ltd. (03369.HK): For the year ending December 31, 2024, the total throughput is expected to reach 414 million tons, a year-on-year increase of 5.66%.

  8. Zhengrong Real Estate (06158.HK): The support agreement for the overseas debt restructuring has expired.

  9. Qingjian International (01240.HK): A subsidiary has been awarded a construction contract, with a total contract value expected to be approximately HKD 1.896 billion, and the contract is expected to be completed by the end of August 2028

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