Daily Hong Kong Stock Market News Briefing (January 2, Thursday)

Alibaba (09988.HK): Dehong Capital acquired 78.7% of SUNART RETAIL (06808.HK) for HKD 13.138 billion.

BYD Company (01211.HK): In December, new energy vehicle sales reached 514,809 units, with total sales for 2024 expected to be 4,272,145 units, a cumulative year-on-year growth of 41.26%.

Nio (09866.HK): In December, 31,138 vehicles were delivered, a year-on-year increase of 72.9%, setting a new monthly delivery record.

Li Auto (02015.HK): In December, 58,513 vehicles were delivered, a year-on-year increase of 16.2%, reaching a historical high.

XPeng (09868.HK): In December, a total of 36,695 new vehicles were delivered, a year-on-year increase of 82% and a month-on-month increase of 19%, achieving a new monthly delivery record for four consecutive months.

GCL-Poly Energy (00451.HK): Plans to sell eight photovoltaic facilities in North Carolina, USA, for approximately HKD 107 million, with a total installed capacity of about 83MW.

Xinyi Solar (00968.HK): The company issued a profit warning, expecting annual net profit to decrease by 30% to 40% year-on-year.

Wanwu Cloud (02602.HK): Several subsidiaries and related parties entered into a series of debt settlement agreements with various sellers and debtors, totaling HKD 703 million.

CITIC Financial Assets (02799.HK): Completed the transfer of 60% equity in Jinzu Company to CITIC Group.

Kelun-Biotech (06990.HK): The anti-PD-L1 monoclonal antibody, Tislelizumab, has been approved for marketing by the National Medical Products Administration