HK Stock Announcement Highlights | ANE Logistics Receives Privatization Offer from Major Shareholder; Meituan Plans $3 Billion Bond Issuance

Stock News
Oct 29

【New Listings】 L4 autonomous driving tech firm Pony.ai-W (02026) launches HK IPO with four cornerstone investors subscribing to approximately $120 million. Joyson Electronics (00699) opens share subscription from October 28 to November 3, planning a global offering of 155.1 million H-shares. WeRide-W (00800), a global pioneer in L4 autonomous driving, initiates HK IPO, expected to list on November 6. Wangshan Wangshui-B (02630) plans a global offering of 17.5978 million H-shares, targeting a November 6 listing.

【Major Developments】 Meituan-W (03690) proposes issuing $2 billion in USD notes and ¥7.08 billion in RMB notes. ANE Logistics (09956) receives a privatization proposal from TopCo via a scheme of arrangement, trading resumes on October 30. COSCO SHIPPING Energy (01138) plans to acquire full equity in Shanghai LNG for ¥598 million. Pharmaron (03759) intends to purchase 82.54% stake in BioDuro for ¥1.346 billion. Yuexiu Property (00123) subsidiary successfully bids for a Guangzhou Panyu district plot for ¥1.194 billion. Qyuns Therapeutics-B (02509) secures global exclusive licensing agreement with Roche for QX031N. Youzan (08083) submits application to transfer to HKEX main board. Fosun Pharma (02196) proposes spin-off listing of Fosun Antigen on HKEX. CDB Leasing (01606) plans to inject $860 million into CDB Aviation.

【Earnings Reports】 Bank of China (03988): Q3 net profit attributable to shareholders at ¥177.66 billion, up 1.08% YoY. Ping An (02318): Q3 net profit at ¥132.856 billion, up 11.5% YoY. China Merchants Bank (03968): Q3 net profit at ¥113.772 billion, up 0.52% YoY. Midea Group (00300): Q3 net profit at ¥37.883 billion, up 19.51% YoY. Sinopec (00386): Q3 net profit at ¥29.984 billion, down 32.2% YoY. Huaneng Power (00902): Q3 net profit at ¥14.841 billion, up 42.52% YoY. HSBC (00005): Q3 net profit at $4.873 billion, down 20.56% YoY; declares $0.1 dividend per share. CGN Power (01816): Q3 net profit at ¥8.576 billion, down 14.14% YoY. Datang Power (00991): Q3 net profit at ¥6.712 billion, up 51.48% YoY. CICC (03908): Q3 net profit at ¥6.567 billion, up 129.75% YoY. ZTE (00763): Q3 net profit at ¥5.322 billion, down 32.69% YoY. Jiangxi Copper (00358): Q3 net profit at ¥6.023 billion, up 20.85% YoY. Longyuan Power (00916): Q3 net profit at ¥4.613 billion, down 19.84% YoY. Qingdao Port (06198): Q3 net profit at ¥4.18 billion, up 6.33% YoY. Shandong Gold (01787): Q3 net profit at ¥3.956 billion, up 91.51% YoY. Fosun Pharma (02196): Q3 net profit at ¥2.523 billion, up 25.5% YoY. New Oriental-S (09901): Q1 net profit down 1.9% YoY to $241 million. WH Group (00288): Q3 net profit at $1.168 billion, up 8.05% YoY. Pharmaron (03759): Q3 net profit at ¥1.141 billion, down 19.76% YoY. Ganfeng Lithium (01772): Q3 net profit at ¥25.52 million. Junshi Biosciences (01877): Q3 net loss narrows 35.7% YoY to ¥596 million. ASMPT (00522): Q3 net loss at HK$270 million, swinging from profit YoY.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10