Hong Kong Stocks End in Green Friday as Earnings Flurry Continues; Cutia Therapeutics Seeking HK$240.3 Million via Share Sale

MT Newswires Live

Aug 29

Hong Kong stocks reversed their downward slide Friday as markets analyzed the latest batch of earnings.

The Hang Seng Index gained 78.80 points, or 0.32%, to 25,077.62, while the Hang Seng China Enterprises Index rose 30.86 points, or 0.35%, to 8,947.79.

Among the firms reporting earnings, Haier Smart Home (HKG:6690) saw its profit come ahead of expectations. The home appliances company reported 1.29 yuan in earnings per share on revenue of 156.5 billion yuan, compared to the Visible Alpha estimate of 1.20 yuan on sales of 151.9 billion yuan.

Meanwhile, Chinese traditional medicines company Gushengtang (HKG:2273) reported results that fell short of expectations. The firm reported earnings of 0.62 yuan per share on revenue of 1.49 billion yuan, compared to the Visible Alpha estimate of 0.67 yuan on sales of 1.63 billion yuan.

Major Chinese firms Alibaba Group (HKG:9988) and Industrial and Commercial Bank of China (HKG:1398) are due to report earnings next week with investors reportedly expecting higher profits.

In corporate news, Cutia Therapeutics (HKG:2487) is looking to raise HK$240.3 million via the sale of shares to fund its drug pipeline.

Shares closed 21% higher.

Elsewhere, JD.com (HKG:9618) is reportedly looking to fund its planned acquisition of German electronics retailer CECONOMY via a euro-denominated loan.

Shares rose down 2.1%.

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
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2563172480"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2563172480\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2563172480?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-29 16:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2563172480","market":"fut","top_or_hot":-1,"title":"Hong Kong Stocks End in Green Friday as Earnings Flurry Continues; Cutia Therapeutics Seeking HK$240.3 Million via Share Sale","media":"MT Newswires Live","content":"<html><body><p> Hong Kong stocks reversed their downward slide Friday as markets analyzed the latest batch of earnings.</p><p>The <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Index gained 78.80 points, or 0.32%, to 25,077.62, while the <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> <a href=\"https://laohu8.com/S/CSHEF\">China Enterprises</a> Index rose 30.86 points, or 0.35%, to 8,947.79.</p><p>Among the firms reporting earnings, <a href=\"https://laohu8.com/S/HRSHF\">Haier Smart Home</a> (HKG:6690) saw its profit come ahead of expectations. The home appliances company reported 1.29 yuan in earnings per share on revenue of 156.5 billion yuan, compared to the Visible Alpha estimate of 1.20 yuan on sales of 151.9 billion yuan.</p><p>Meanwhile, Chinese traditional medicines company Gushengtang (HKG:2273) reported results that fell short of expectations. The firm reported earnings of 0.62 yuan per share on revenue of 1.49 billion yuan, compared to the Visible Alpha estimate of 0.67 yuan on sales of 1.63 billion yuan.</p><p>Major Chinese firms <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> (HKG:9988) and <a href=\"https://laohu8.com/S/IDCBF\">Industrial and Commercial</a> Bank of China (HKG:1398) are due to report earnings next week with investors reportedly expecting higher profits.</p><p>In corporate news, Cutia <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> (HKG:2487) is looking to raise HK$240.3 million via the sale of shares to fund its drug pipeline.</p><p>Shares closed 21% higher.</p><p>Elsewhere, JD.com (HKG:9618) is reportedly looking to fund its planned acquisition of German electronics retailer CECONOMY via a euro-denominated loan.</p><p>Shares rose down 2.1%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks End in Green Friday as Earnings Flurry Continues; Cutia Therapeutics Seeking HK$240.3 Million via Share Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks End in Green Friday as Earnings Flurry Continues; Cutia Therapeutics Seeking HK$240.3 Million via Share Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-08-29 16:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hong Kong stocks reversed their downward slide Friday as markets analyzed the latest batch of earnings.</p><p>The <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Index gained 78.80 points, or 0.32%, to 25,077.62, while the <a href=\"https://laohu8.com/S/HSNGY\">Hang Seng</a> <a href=\"https://laohu8.com/S/CSHEF\">China Enterprises</a> Index rose 30.86 points, or 0.35%, to 8,947.79.</p><p>Among the firms reporting earnings, <a href=\"https://laohu8.com/S/HRSHF\">Haier Smart Home</a> (HKG:6690) saw its profit come ahead of expectations. The home appliances company reported 1.29 yuan in earnings per share on revenue of 156.5 billion yuan, compared to the Visible Alpha estimate of 1.20 yuan on sales of 151.9 billion yuan.</p><p>Meanwhile, Chinese traditional medicines company Gushengtang (HKG:2273) reported results that fell short of expectations. The firm reported earnings of 0.62 yuan per share on revenue of 1.49 billion yuan, compared to the Visible Alpha estimate of 0.67 yuan on sales of 1.63 billion yuan.</p><p>Major Chinese firms <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> (HKG:9988) and <a href=\"https://laohu8.com/S/IDCBF\">Industrial and Commercial</a> Bank of China (HKG:1398) are due to report earnings next week with investors reportedly expecting higher profits.</p><p>In corporate news, Cutia <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> (HKG:2487) is looking to raise HK$240.3 million via the sale of shares to fund its drug pipeline.</p><p>Shares closed 21% higher.</p><p>Elsewhere, JD.com (HKG:9618) is reportedly looking to fund its planned acquisition of German electronics retailer CECONOMY via a euro-denominated loan.</p><p>Shares rose down 2.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02273","symbol_name":"固生堂","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2563172480","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563172480","pubTimestamp":1756456992,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hong Kong stocks reversed their downward slide Friday as markets analyzed the latest batch of earnings.The Hang Seng Index gained 78.80 points, or 0.32%, to 25,077.62, while the Hang Seng China Enterprises Index rose 30.86 points, or 0.35%, to 8,947.79.Among the firms reporting earnings, Haier Smart Home  saw its profit come ahead of expectations. The home appliances company reported 1.29 yuan in earnings per share on revenue of 156.5 billion yuan, compared to the Visible Alpha estimate of 1.20 yuan on sales of 151.9 billion yuan.Meanwhile, Chinese traditional medicines company Gushengtang  reported results that fell short of expectations. The firm reported earnings of 0.62 yuan per share on revenue of 1.49 billion yuan, compared to the Visible Alpha estimate of 0.67 yuan on sales of 1.63 billion yuan.Major Chinese firms Alibaba Group  and Industrial and Commercial Bank of China  are due to report earnings next week with investors reportedly expecting higher profits.In corporate news, ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"02273":"固生堂","LENZ":"Therapeutics","02487":"科笛-B","HSI":"恒生指数","06690":"海尔智家","01398":"工商银行"},"translate_title":"由于盈利热潮持续，香港股市周五收于绿色；Cutia Therapeutics通过出售股份寻求2.403亿港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01398":0.9,"02273":0.9,"02487":0.9,"06690":0.9,"HSI":0.9,"LENZ":1},"content_text":"Hong Kong stocks reversed their downward slide Friday as markets analyzed the latest batch of earnings.The Hang Seng Index gained 78.80 points, or 0.32%, to 25,077.62, while the Hang Seng China Enterprises Index rose 30.86 points, or 0.35%, to 8,947.79.Among the firms reporting earnings, Haier Smart Home (HKG:6690) saw its profit come ahead of expectations. The home appliances company reported 1.29 yuan in earnings per share on revenue of 156.5 billion yuan, compared to the Visible Alpha estimate of 1.20 yuan on sales of 151.9 billion yuan.Meanwhile, Chinese traditional medicines company Gushengtang (HKG:2273) reported results that fell short of expectations. The firm reported earnings of 0.62 yuan per share on revenue of 1.49 billion yuan, compared to the Visible Alpha estimate of 0.67 yuan on sales of 1.63 billion yuan.Major Chinese firms Alibaba Group (HKG:9988) and Industrial and Commercial Bank of China (HKG:1398) are due to report earnings next week with investors reportedly expecting higher profits.In corporate news, Cutia Therapeutics (HKG:2487) is looking to raise HK$240.3 million via the sale of shares to fund its drug pipeline.Shares closed 21% higher.Elsewhere, JD.com (HKG:9618) is reportedly looking to fund its planned acquisition of German electronics retailer CECONOMY via a euro-denominated loan.Shares rose down 2.1%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}