Daily Hong Kong Stock Market News Briefing (March 25, Tuesday)

USHK News
2025.03.25 00:59

  1. Xiaomi Corporation (01810.HK): Discount of 6.6% to place 800 million shares to raise HKD 42.5 billion.

  2. BYD Company Limited (01211.HK): Achieved operating revenue of CNY 777.102 billion in 2024, a year-on-year increase of 29.02%; net profit of CNY 40.254 billion, a year-on-year increase of 34.00%.

  3. BYD ELECTRONIC (00285.HK): Revenue of CNY 177.306 billion in 2024, a year-on-year increase of 36.43%; net profit of CNY 4.266 billion, a year-on-year increase of 5.55%.

  4. TINGYI (00322.HK): Revenue of CNY 80.651 billion in 2024, a year-on-year increase of 0.3%; net profit of CNY 3.734 billion, a year-on-year increase of 19.8%.

  5. Sunny Optical Technology (02382.HK): Revenue of CNY 38.294 billion in 2024, a year-on-year increase of 20.87%; net profit of CNY 2.699 billion, a year-on-year increase of 145.51%.

  6. POWERLONG (01238.HK): Expected loss of approximately CNY 5.3 billion to CNY 5.6 billion in 2024, mainly due to impairment provisions for property projects and fair value impairment of investment properties.

  7. Yuehai Property (00124.HK): Revenue of HKD 6.759 billion in 2024, a year-on-year increase of 74.3%; net loss of HKD 1.383 billion, a year-on-year narrowing of 43.4%

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