Daily Hong Kong Stock Market News Briefing (March 4, Tuesday)

USHK News
2025.03.04 01:09

  1. BYD Company Limited (01211.HK): Plans to place new H shares to raise HKD 43.5 billion.

  2. HSBC HOLDINGS (00005.HK): Repurchased nearly 5.91 million shares on the Hong Kong Stock Exchange and London Stock Exchange.

  3. BlackRock (BLK.N) increased its shareholding in Industrial and Commercial Bank of China (01398.HK) from 4.99% to 5.07% on February 25, and in ZTE Corporation (00763.HK) from 4.83% to 5.11% on February 25.

  4. HSBC HOLDINGS (00005.HK) increased its shareholding in Midea Group (00300.HK) from 6.23% to 6.80% on February 25.

  5. MicroPort Scientific Corporation (02252.HK): Expected adjusted net loss of approximately HKD 435 million to 521 million for the fiscal year 2024.

  6. Hong Kong Broadband Network Limited (01310.HK): Discussions with I Squared Asia Advisors regarding a potential offer are still ongoing.

  7. Anker Innovations (08353.HK): Received a 37.5% premium for privatization, resuming trading on March 4.

  8. Agile Group Holdings Limited (03383.HK): Contract sales amount in February was HKD 850 million, with a cumulative total of HKD 1.64 billion for the first two months

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