【Major Events】 MANYCORE TECH (00068) priced at the upper limit, with its Hong Kong public offering oversubscribed by 1,590.56 times. Changguang Chenxin (03277) saw its Hong Kong public offering oversubscribed by 1,138.21 times, raising approximately HK$2.5036 billion net from the global offering. Victory Giant Technology (02476) set the final H share offer price at HK$209.88 per share. SenseTime-W (00020) plans to issue 1.7 billion placement shares to raise HK$3.23 billion net. Hengrui Pharmaceuticals (01276) announced that its injectable SHR-A2102 has been included in the list of breakthrough therapy varieties. Transport International (00062) stated that despite the sharp surge in global crude oil prices, the group continues to face severe impacts from rapidly rising fuel costs. Brii Biosciences (02137) submitted an arbitration application against Vir to the Judicial Arbitration and Mediation Services in the United States. Dongyangguang Pharmaceutical (06887) received approval from China's National Medical Products Administration for the pre-filled specification of its Isophane Protamine Human Insulin Mixed Injection (30R). China Mobile Data (00471) signed a memorandum of understanding with SolsticeX to pursue strategic cooperation in the aerospace and satellite sectors.
【Share Repurchases/Changes in Holdings】 AIA Group (01299) spent HK$376 million on April 16 to repurchase 4.449 million shares. Midea Group (00300) invested 50.0014 million yuan on April 16 to repurchase 642,900 A-shares.
【Operating Results】 Ganfeng Lithium (01772) issued a positive profit alert, expecting a first-quarter net profit attributable to shareholders of 1.6–2.1 billion yuan, turning a profit compared to a loss in the same period last year. Pacific Basin Shipping (02343) reported an average daily spot market rate of $11,100 for its Handysize dry bulk carriers in the first quarter, up 39% year-on-year. China Shenhua Energy (01088) sold 103 million tonnes of coal in the first three months, a 3.9% increase year-on-year.