Daily Hong Kong Stock Market News Briefing (February 24, Monday)

USHK News
2025.02.24 01:15

  1. First Journey Holdings announced on the Hong Kong Stock Exchange that its managed Beijing Robotics Fund has invested in Variable Company.

  2. Baidu (BIDU.O) announced on the Hong Kong Stock Exchange that it has appointed Liu Xiaodan, managing partner of Chenyi Fund, to replace Brent Callinicos as the new independent director and chairman of the board's audit committee, effective February 23, 2025.

  3. Vanke Enterprises (02202.HK): The company's largest shareholder, Shenzhen Metro Group, intends to provide a loan to the company amounting to RMB 4.2 billion, primarily for repaying the principal and interest of bonds issued by the company in the open market.

  4. ZTE Corporation (00763.HK): From September 26, 2024, to February 21, 2025, it will further subscribe to a total of RMB 10.53 billion in wealth management products from Guangfa Bank.

  5. SINOPEC SEG (02386.HK): The total value of new contracts signed in 2024 is RMB 100.613 billion, an increase of 25.4% year-on-year.

  6. Yiming Anke (01541.HK): Completed the sale of all equity in Shanghai Zhangtou Yao New Technology Development. The first two installments of the payment amounting to RMB 66.179 million have been received, and the equity transfer has been completed.

  7. New World Development (00017.HK): Expects mid-term core operating profit to be between HKD 4.35 billion and HKD 4.55 billion.

  8. China Overseas Land & Investment (00127.HK): Expects a revenue decrease of 25% to 35% in 2024, with a loss of HKD 2 billion to HKD 2.2 billion

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