[Today's focus]

Air China (00753.HK) plans to purchase 100 C919 aircraft for approximately US$10.80 billion

Air China (00753.HK) announced that on April 26, 2024, the company and COMAC signed a COMAC aircraft purchase agreement. Based on this, the company agreed to purchase COMAC aircraft from COMAC. The aircraft to be purchased are 100 C919 aircraft (extended-range type).

According to the latest catalogue price provided by COMAC, the total basic price of COMAC's aircraft to be purchased by the company is approximately US$10.80 billion.

The transaction is in line with the company's development plans and market needs, and is conducive to the Group's optimization of the fleet structure and long-term capacity supplementation. The transaction will expand the carrying capacity of the Group's fleet without considering adjustments such as aircraft withdrawal that may be made based on the market environment and aircraft age. Based on the Group's usable tonnage as of December 31, 2023, the transaction will increase the Group's capacity by about 7.5%. The new aircraft will be delivered in batches from 2024 to 2031. The actual net increase in capacity will remain within a manageable range in part to meet the renewal needs of the old aircraft fleet.

[Important matters]

Tehai International (09658.HK) suggests dual listing

BRILLIANCE CHI (01114.HK): Brilliance Renault receives land acquisition notice

Nanxuan Holdings (01982.HK) entered into a joint venture with Hebei Yuteng to produce cashmere yarn in Vietnam

Yoshikazu America and China (02453.HK) set up three partnerships with independent third parties to seek long-term strategic development opportunities

[Financial results]

Bank of Communications (03328.HK) net profit of 24.988 billion yuan in the first quarter increased 1.44% year-on-year

China Shenhua (01088.HK) achieved net profit of 17.76 billion yuan in the first quarter

CITIC Securities (06030.HK): Net profit of 4.959 billion yuan in the first quarter decreased 8.47% year over year

China Taibao (02601.HK)'s net profit for the first quarter was 11.759 billion yuan, up 1.1% year-on-year

Yankuang Energy (01171.HK)'s net profit of 3.757 billion yuan in the first quarter decreased by 41.9% year-on-year

China Education Holdings (00839.HK): Mid-term adjusted EBITDA increased 16.7% year-on-year to 1,956 billion yuan. Proposed interim interest of 18.77 points

Baiyun Mountain (00874.HK): Net profit of 1,958 billion yuan in the first quarter increased 2.59% year-on-year

Huadian International Electric Power Co., Ltd. (01071.HK)'s net profit for the first quarter was 1,862 billion yuan, up 64.21% year-on-year

Air China (00753.HK) had a net loss of 1.67 billion yuan in the first quarter

China Merchants Securities (06099.HK)'s net profit for the first quarter of 2.557 billion yuan decreased by 4.54% year-on-year

Jiangxi Copper Co., Ltd. (00358.HK)'s net profit of 1,715 billion yuan in the first quarter decreased 2.29% year-on-year

Bank of Chongqing (01963.HK) achieved net profit of 1,619 billion yuan in the first quarter, up 4.87% year-on-year

Shanghai Pharmaceutical (02607.HK) net profit of 1,542 billion yuan in the first quarter increased 1.62% year-on-year

Net profit of Hailuo Cement (00914.HK) was 1,502 billion yuan in the first quarter, down 41.14% year on year

Datang Power Generation (601991.SH): Net profit of 1,331 billion yuan in the first quarter, up 872.26% year on year

Qingdao Port (06198.HK): Net profit of 1,317 billion yuan in the first quarter increased 4.6% year-on-year

COSCO Haineng (01138.HK)'s net profit of 1,236 billion yuan in the first quarter increased by 12.76% year-on-year

Haitong Securities (06837.HK)'s net profit of 911 million yuan in the first quarter decreased by 62.56% year-on-year

China Express (03969.HK)'s net profit for the first quarter was 604 million yuan, down 10.84% year-on-year

Goldwind Technology (02208.HK)'s net profit of 333 million yuan in the first quarter decreased by 73.06% year-on-year

Tianli International Holdings (01773.HK) profit of 319 million yuan during the medium-term adjusted period increased 70.0% year-on-year

Hong Kong Broadband (01310.HK) mid-term revenue decreased by 13% to HK$5.809 billion

[Operational data]

China Communications Construction (01800.HK) signed a new contract amount of 507.298 billion yuan in the first quarter, up 10.81% year-on-year

Datang New Energy (01798.HK) completed 3.32 million megawatt-hours of power generation in March, up 7.83% year-on-year

Lu Jin (01098.HK): The contract amount signed in the first three months was $3.131 billion

Xinao Energy (02688.HK)'s retail sales of natural gas in the first quarter increased 2.7% year-on-year to 7.237 billion cubic meters

Trends in China (03818.HK): Retail sales of Kappa brand stores recorded a year-on-year decline of 10% to 20% in the fourth quarter of the 2023/24 fiscal year

Qingdao Port (06198.HK) completed a total cargo throughput of 172.04 million tons in the first quarter, up 6.9% year-on-year

Overall sales of An Lifang Holdings (01388.HK) fell by about 13.3% in the first quarter

[Pharmaceutical Innovation]

Chu Wong Pharmaceutical (00013.HK): Takeda receives positive feedback from the European Medicines Agency's Human Medicines Committee (CHMP) to support fruquintinib (fruquintinib) for the treatment of metastatic colorectal cancer

Livzon Pharmaceuticals (01513.HK): Cetrorelix acetate for injection was approved by the US FDA

CSPC Group (01093.HK): Highly selective MAT2A inhibitor (SYH2039) approved for clinical trials in the US

[Acquisition and sale]

Shandong Guoxin (01697.HK): Guolian Securities plans to acquire shares of Minsheng Securities held by the company through the issuance of A-shares

Acer Group Holdings (01718.HK) stock price changes, major shareholder Xindeli sold a total of 15.8 million shares to a third party

Anling International (01410.HK) plans to sell 60% of the shares in Lion Global Financial Group

Titan Energy Technology (02188.HK) plans to sell all of Zhuhai Libo's shares in the form of an auction

Qingang Co., Ltd. (03369.HK) signed an asset transfer agreement with Zhiyuan Shipping Company

[Equity Incentives]

Collaborative Communications (01613.HK) granted a total of 2.54 million share options

Easypoint Cloud (02416.HK) grants 116.38,900 share options and 1.842 million share awards

Zheli Holdings (02209.HK) grants 309,000 share options

Bubble Mart (09992.HK) grants 165,000 reward shares

[Issuance of additional shares]

YiLi Holdings (00076.HK): Issuance of HK$21 million convertible bonds under general mandate

[Repurchase Cancellation]

On April 26, BYD shares (01211.HK) spent 200 million yuan to buy back 917,000 A shares

Hang Seng Bank (00011.HK) spent HK$61.71 million to repurchase 600,000 shares on April 26

Standard Chartered Group (02888.HK) spent £8.04 million to buy back 1.774,600 shares on April 25

Shell-W (02423.HK) spent 5 million US dollars to buy back 1.09 million shares on April 25

On April 26, Yao Ming Kangde (02359.HK) spent 2005 million yuan to buy back 475,500 A shares

Swire Group A (00019.HK) spent HK$16.71 million to buy back 260,000 shares on April 26

Zhongyu Energy (03633.HK) spent HK$7.412 million to buy back 1.5 million shares on April 26

Jiufang Wealth (09636.HK) spent HK$5.475 million to repurchase 501,000 shares on April 26