Daily Hong Kong Stock Market News Briefing (March 12, Wednesday)

USHK News
2025.03.12 01:01

Individual Stock News

  1. Nio (09866.HK): Will release its unaudited financial results for the fourth quarter and the full year of 2024 on Friday, March 21, 2025.

  2. Hang Seng Bank (00011.HK): For the year ended December 31, 2024, recorded a profit attributable to shareholders of HKD 18.379 billion, an increase of 2.98% year-on-year; total revenue of HKD 41.537 billion, an increase of 1.75% year-on-year; basic earnings per share of HKD 9.33, an increase of 4.01% year-on-year.

  3. New World Development Company Limited (01030.HK): In February, the company achieved contract sales of approximately HKD 1.959 billion, a decrease of 51.28% compared to the same period last year; sales area of approximately 270,600 square meters, a decrease of 52.54% compared to the same period last year.

  4. SenseTime (00020.HK): The company has scheduled a board meeting on Wednesday, March 26, 2025, to consider and approve the annual results of the group for the year ended December 31, 2024.

  5. BYD Company Limited (01211.HK): Completed the placement on March 11, 2025, in accordance with the terms and conditions of the placement agreement. Successfully allocated and issued a total of 130 million new H shares at the placement price of HKD 335.2 to no less than six placees, accounting for approximately 10.57% of the enlarged issued H shares after the placement. The net proceeds from the placement, after deducting commissions and estimated expenses, are approximately HKD 43.383 billion.

  6. SF INTRA-CITY (09699.HK): The company expects net profit in 2024 to increase by no less than 100% year-on-year, with full-year revenue expected to increase by no less than 25% year-on-year.

  7. China General Nuclear Power Corporation (01816.HK): The company will hold a board meeting on March 26, 2025, to review and approve the annual results of the company and its subsidiaries for the year ended December 31, 2024, and its related announcements, as well as to consider the distribution of a final dividend (if any)

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