Daily Hong Kong Stock Market News Briefing (March 11, Tuesday)

USHK News
2025.03.11 01:04

Important News

  1. U.S. stocks experienced a Black Monday last night, with all three major indices falling sharply, and the Nasdaq closed down 4%. Individual Stock News

  2. Leapmotor (09863.HK): Revenue for 2024 is expected to be CNY 32.164 billion, a year-on-year increase of 92.06%, with a net loss of CNY 2.821 billion, a year-on-year narrowing of 33.1%. Total deliveries for the year are expected to be 293,700 units, a year-on-year increase of 103.8%, with the first quarterly profit of CNY 80 million in Q4 and a record high gross margin of 13.3%.

  3. Qilu Expressway (01576.HK): Revenue for 2024 is expected to be CNY 7.022 billion, a year-on-year increase of 25.19%, with a profit of CNY 498 million, a year-on-year decrease of 6.65%.

  4. JIUMAOJIU (09922.HK): Revenue for 2024 is expected to be CNY 6.073 billion, with a net profit of CNY 50 million.

  5. China Travel International Investment Hong Kong (00308.HK): Net profit for 2024 is expected to decrease by no less than 40% year-on-year, mainly due to the decline in the fair value of investment properties.

  6. Sunny Optical Technology (02382.HK): In February 2025, mobile lens shipments are expected to be 97.168 million units, a quarter-on-quarter decrease of 8.2% and a year-on-year decline of 6.9%; automotive lens shipments are expected to be 8.811 million units, a quarter-on-quarter decrease of 31.3% and a year-on-year increase of 12.9%.

  7. Baoshen International (03813.HK): In February 2025, net revenue is expected to be CNY 1.075 billion, a year-on-year decrease of 38.3%; cumulative revenue for the first two months is expected to be CNY 3.665 billion, a year-on-year decline of 4.3%.

  8. Greenland Hong Kong (00337.HK): Contract sales for the first two months are expected to be CNY 457 million, a year-on-year decrease of 65.1%.

  9. Sunac China (01918.HK): Contract sales in February are expected to be CNY 633 million, a year-on-year decrease of 36.13%

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