Daily Hong Kong Stock Market News Briefing (November 21, Thursday)

USHK News
2024.11.21 00:56

Individual Stock News

  1. CHINA MOBILE (00941.HK) added 300,000 net customers in mobile services in October.

  2. CHINA TELECOM (00728.HK) had approximately 348 million 5G package users in October, with a net increase of 2.47 million users.

  3. Kuaishou (01024.HK) reported an adjusted net profit of 13.015 billion yuan for the first three quarters, a year-on-year increase of 120.3%.

  4. Guotai Junan (02611.HK) and Haitong Securities (06837.HK) received approval from the Shanghai State-owned Assets Supervision and Administration Commission for their proposed merger and share swap.

  5. ALI PICTURES (01060.HK) announced its interim results, with adjusted EBITA of approximately 642 million yuan, a year-on-year increase of 39%.

  6. Nio (09866.HK) reported a gross profit of 2.007 billion yuan in the third quarter, an increase of 31.78% year-on-year, and expects total deliveries in the fourth quarter to reach a new high.

  7. Dreamland (01119.HK): Shenzhen Dreamland and Tencent Cloud have reached a strategic cooperation in the field of game AI, establishing a joint innovation laboratory.

  8. Oceanwide Holdings (00129.HK): It is expected to report a mid-term loss of 350 million to 420 million Hong Kong dollars for the period ending September 30, 2024

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