Daily Hong Kong Stock Market News Briefing (March 18, Tuesday)

USHK News
2025.03.18 01:00

Individual Stock News

  1. WuXi AppTec (02359.HK): Net profit for 2024 is expected to be 9.45 billion yuan, a year-on-year decrease of 1.63%.

  2. According to Hong Kong Stock Exchange documents, STANCHART (02888.HK) repurchased a total of 1.2 million shares on other exchanges on March 14, with a transaction amount of £14.1 million.

  3. Sunac China (01918.HK): Expected loss for 2024 is between 25.5 billion to 26 billion yuan; mainly affected by market downturn, with a significant decrease in revenue recognition and simultaneous provision for asset impairment.

  4. According to Hong Kong Stock Exchange documents, Citigroup reduced its holding in Zijin Mining (02899.HK) from 7.52% to 6.85% on March 11.

  5. According to Hong Kong Stock Exchange documents, JP Morgan reduced its long position in BYD Company (01211.HK) from 6.38% to 5.66% on March 11.

  6. According to Hong Kong Stock Exchange documents, HSBC HOLDINGS (00005.HK) spent HKD 253.9 million to repurchase 3 million shares on March 14, and spent £20 million to repurchase a total of 2.3 million shares on other exchanges.

  7. According to Hong Kong Stock Exchange information, South Dakota Trust Company LLC (the trustee of Mr. Sun Hongbin's family trust) reduced its holding in Sunac China (01918.HK) from 29.82% to 27.67% on March 12.

  8. Yongtai Property (00369.HK): Issued a profit warning, expecting the shareholder's attributable loss for 2024 to expand to approximately HKD 2.6 billion year-on-year.

  9. China Tower (00788.HK): Revenue for 2024 is expected to be 97.772 billion yuan, a year-on-year increase of 4.0%; net profit is expected to be 10.729 billion yuan, a year-on-year increase of 10.0%, with a net profit margin of 11.0%.

  10. China Southern Airlines Company (01055.HK): Passenger capacity input in February decreased by 0.86% year-on-year, passenger turnover increased by 0.47% year-on-year, with a load factor of 86.74%, an increase of 1.14 percentage points year-on-year. Cargo and mail turnover increased by 12.64% year-on-year

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