[Today's focus]

Meituan's 2023 financial report: Immediate delivery of 21.9 billion orders, Meituan flash order volume increased by more than 40%

Meituan announced results for the fourth quarter and full year of 2023. The company's various businesses continued to achieve steady growth, with annual revenue of 276.7 billion yuan, an increase of 26% over the previous year.

This year, the takeout business continued to achieve high-quality development. “Everything at home in 30 minutes” became a “high-certainty” lifestyle for more and more people, and instant retail showed a boom trend in all categories, regions, and scenarios.

In 2023, Meituan's instant delivery orders increased by 24% to 21.9 billion. The number of annual food and beverage takeout transaction users continues to grow, and the size of the medium- and high-frequency user base and the frequency of purchases are steadily increasing.

Meituan flash shopping also showed broad room for development. The order volume continued to grow healthily, and the annual order growth rate was over 40% year-on-year. In the fourth quarter, the average daily order volume of Meituan flash sales reached 8.3 million. Young consumers gradually became the main users of Meituan flash sales, and the transaction frequency of core users increased by more than 20% over the same period last year.

[Important matters]

The reason for the change in Ning Meng Film and Television (09857.HK) stock price is unknown

IDT INT'L (00167.HK) Receives Statutory Claim for Debt Repayment

[Financial results]

China Hongqiao (01378.HK): Net profit reached 11.461 billion yuan in 2023, up 31.7% year on year

Luoyang Molybdenum Industry (03993.HK): Net profit to mother of 8.2 billion yuan increased 36% year-on-year in 2023

Profit attributable to owners of Xinao Energy (02688.HK) increased 16.2% to HK$6.816 billion with final interest of HK$2.31 billion

Greentown China (03900.HK)'s net profit attributable to shareholders in 2023 was 3.118 billion yuan, up 13.1% from last year

BAIC Motor (01958.HK): Net profit of 3.03 billion yuan in 2023, recommended final interest of 0.13 yuan per share

Datang Power Generation (00991.HK) turned losses into profit of 1,439 billion yuan in 2023

Profit attributable to owners of continuing operations of Chow Sang Sang (00116.HK) increased 118% to HK$1.06 billion in 2023

Bank of Luzhou (01983.HK): Net profit to mother of 994 million yuan in 2023 increased 23.12% year-on-year

Zhaojin Mining (01818.HK)'s annual net profit of about 838 million yuan increased by about 49.67% year-on-year

Profit attributable to shareholders of Delin International (01126.HK) soared 20.8% to HK$830 million in 2023

MI Energy (01555.HK): FY2023 adjusted EBITDA of about 683 million yuan, down 27.9% year on year

Fortune Garden (01448.HK) announced steady growth in annual results, with a final interest rate of HK$6.86 and special interest of HK21.39 cents. The total annual dividend contract was approximately 100%

Jiumojiu (09922.HK) annual net profit increased sharply by 763.3% to $480 million with final interest of HK$0.15

Profit attributable to shareholders of Kowloon Construction (00034.HK) in 2023 of HK$337 million decreased by 72.3% year-on-year

Tianbao Group (01979.HK)'s profit attributable to owners increased 10.8% to HK$330 million in 2023

The annual profit attributable to owners of Dongrui Pharmaceuticals (02348.HK) was about 326 million yuan, a year-on-year decrease of about 9.0%

Dongjiang Group Holdings (02283.HK)'s annual profit of HK$204 million decreased 10.0% year over year

Net profit of Tsubamezhiya (01497.HK) increased 2.8% to $212 million

Dongguang Chemical (01702.HK) profit decreased by about 4.0% year on year to 194 million yuan in 2023

Profit attributable to owners of the parent company of Zhongzhi Pharmaceutical (03737.HK) increased by about 53.0% to 163 million yuan in the year

China Bolton (03318.HK): 2023 net profit of 140.6 million yuan increased 66.5% year-on-year

Kaisa Group (01638.HK) Profit Alert: Expected to record a net loss of $19 billion to $21 billion in 2023

Minimally Invasive Healthcare (00853.HK) expects a loss of no more than US$650 million in 2023

Zhengtong Auto (01728.HK) expects annual loss of no more than 830 million yuan

[Pharmaceutical Innovation]

CSPC Group (01093.HK): Dapagliflozin tablets received drug registration approval

[Acquisition and sale]

China Resources Shuanghe, a subsidiary of China Resources Pharmaceutical (03320.HK), plans to acquire 100% of China Resources Zizhu's equity at a total cost of 3.115 billion yuan

Shunhao Property (00219.HK) plans to acquire Hong Kong properties for HK$207 million

Guangdong Transportation (03399.HK) plans to acquire 4.44% of Tongyi Company's shares for 109 million yuan

STYLAND HOLD (00211.HK) has entered into a letter of intent for the possible sale of all of Changxiong Group's shares at a cost of HK$40 million

Hengyu Group (02448.HK) plans to sell 66 million shares of Hengyu Financial Holdings for HK$4.6 million

[Equity Incentives]

Chizicheng Technology (09911.HK) grants 2.68 million restricted share units

Chizicheng Technology (09911.HK) grants 2.1 million restricted share units to 7 grantees

[Issuance of additional shares]

Gongai Co., Ltd. (01421.HK) plans to raise approximately HK$16.7 million through a share offering based on the “2 for 1” basis

Ewell Group (03893.HK) plans to sell a maximum of 25.92 million shares at a discount of approximately 10.34% to raise HK$6.52 million

[Repurchase Cancellation]

Tencent Holdings (00700.HK) spent HK$1 billion to buy back 3.49 million shares on March 22

HSBC Holdings (00005.HK) spent HK$273 million to repurchase 4.5 million shares on March 21

Shell-W (02423.HK) spent 15 million US dollars to buy back 3.17 million shares on March 21

Changshi Group (01113.HK) spent HK$177 million to repurchase 5.4 million shares on March 22

AIA (01299.HK) spent HK$117 million to buy back 2.0912 million shares on March 22

Standard Chartered Group (02888.HK) spent £7.722,700 to buy back 1,139,600 shares on March 21

Shunyu Optical Technology (02382.HK) spent HK$19.3412 million to buy back 440,000 shares on March 22

Kuaishou-W (01024.HK) spent HK$39.99 million to buy back 812,000 shares on March 22

Yao Ming Kangde (02359.HK) spent 2010 million yuan to buy back 416,800 A shares on March 22

Gloria Ying (06821.HK) spent 15 million yuan to buy back 159,000 A shares on March 22

Swire Group A (00019.HK) spent HK$14.203 million to buy back 225,500 shares on March 22

Xiansheng Pharmaceutical (02096.HK) spent HK$9.991 million to buy back 1.855 million shares on March 22

Haitong Securities (06837.HK) spent 50.43 million yuan to buy back 560,000 A shares on March 22

Yum China (09987.HK) spent HK$4.67 million to buy back 14,800 shares on March 21