The important announcements for Hong Kong stocks today are as follows:
1) Performance Express
$NCI (01336.HK)$The net income in 2024 is expected to be between 23.958 billion yuan and 25.7 billion yuan, a year-on-year increase of 175% to 195%.
$CITIC (00267.HK)$The net income in 2024 is expected to slightly increase by about 1% year-on-year.
$CHI MER LAND (00978.HK)$Cumulative contracted sales in 2024 are estimated to be 42.462 billion yuan, a year-on-year increase of about 10.00%. Sales in December were 14.435 billion yuan, a year-on-year increase of about 20.83%.
$YANKUANG ENERGY (01171.HK)$In 2024, the sales volume of Commodities Coal reached 129.06 million tons, an increase of 6.68% year-on-year.
$LINGBAO GOLD (03330.HK)$: Announce a profit warning, expecting annual net income to be approximately 0.617 billion yuan to 0.706 billion yuan, a year-on-year increase of about 110% to 140%.
$CHINA TELECOM (00728.HK)$As of December 2024, mobile users were approximately 0.425 billion, with a net increase of 0.82 million in that month, and a cumulative net increase of 16.75 million for the year.
$YANCOAL AUS (03668.HK)$In the fourth quarter of 2024, the sales volume of equity coal was 10.4 million tons, a year-on-year increase of 3%. The sales price of coal was 176 Australian Dollars per ton, of which the price of Thermal Coal increased by 4% month-on-month, while the price of Metallurgical Coal decreased by 6% month-on-month.
$CICC (03908.HK)$ The subsidiary CICC Wealth is expected to have a revenue of 6.657 billion yuan in 2024, with a net income of 1.194 billion yuan.
$SH ELECTRIC (02727.HK)$The expected net income attributable to the parent company in 2024 is estimated to be between 0.68 billion yuan and -0.81 billion yuan, an increase of 138% to 184% year-on-year.
$NEWBORNTOWN (09911.HK)$The total revenue of the social business is expected to be approximately 4.52 billion yuan to 4.72 billion yuan in 2024, with a year-on-year growth of about 54.3% to 61.1%.
2) Company news
$CHINA CRSC (03969.HK)$: From November to December, a total of 16 important projects were won in the rail transit market, with a total bid amount of approximately 4.567 billion yuan.
$COUNTRY GARDEN (02007.HK)$: With the support of creditors, the High Court approved the company's application for extension on January 20, 2025. The hearing has now been postponed to May 26, 2025.
$KEYMED BIO-B (02162.HK)$: An agreement has been signed with Prolium for the development and commercialization of CM355.
The announcement states that Chengdu KEYMED BIO and Beijing INNOCARE each own a 50% stake in the joint venture, and they will jointly be entitled to receive a down payment of 17.5 million USD and recent payments, with additional payments of up to 0.503 billion USD, as well as to charge Prolium a royalty on net sales.
$INNOCARE (09969.HK)$: A license agreement for the development and commercialization of ICP-B02 (CM355) was signed with PROLIUM.
The announcement states that as part of the transaction price, Beijing INNOCARE and Chengdu KEYMED BIO (or their designated individuals) will also be entitled to obtain a minority stake in Prolium.
$JUNSHI BIO (01877.HK)$: The subsidiary Top AI signed a distribution and commercialization agreement for Truxima with Leo Pharma, with an upfront payment of 15 million euros.
$CHINA OILFIELD (02883.HK)$Announces the strategic guidance for 2025.
$BILLION IND (02299.HK)$Investing 2.4 billion from 2025 to 2027 to build a nylon new factory, with a capacity of 0.12 million tons per year.
3) Buyback dynamics
$GUOQUAN (02517.HK)$Planning to spend up to 0.1 billion Hong Kong dollars to further repurchase H shares according to authorization.
$COSCO SHIP HOLD (01919.HK)$Invested 0.113 billion Hong Kong dollars to repurchase 9.7875 million shares, with a repurchase price of 11.50-11.76 Hong Kong dollars.
$AIA (01299.HK)$Invested 61.9667 million Hong Kong dollars to repurchase 1.1214 million shares at a buyback price of 54.85-55.6 Hong Kong dollars.
$SINOTRANS (00598.HK)$Invested 12.983 million Hong Kong dollars to repurchase 3.439 million shares at a buyback price of 3.74-3.8 Hong Kong dollars.
$HSBC HOLDINGS (00005.HK)$Invested 7.6051 million Hong Kong dollars to repurchase 0.098 million shares at a buyback price of 77.35-77.95 Hong Kong dollars.
Editor/danial