Daily Hong Kong Stock Market News Briefing (January 20, Monday)

USHK News
2025.01.20 01:04

Individual Stock News

  1. Air China (00753.HK) issued a profit warning, expecting an annual net loss attributable to shareholders of approximately RMB 160 million to 240 million.

  2. JP Morgan increased its holdings in China Merchants Bank (03968.HK) by approximately 9.0315 million shares at a price of HKD 39.58 per share.

  3. China Merchants Securities (06099.HK): The net profit attributable to shareholders for 2024 is expected to be RMB 10.367 billion, an increase of 18.29% year-on-year.

  4. CanSino Biologics (06185.HK) issued a profit warning, expecting an annual net loss attributable to shareholders of RMB 335 million to 385 million.

  5. PICC P&C (02328.HK) expects original insurance premium income of RMB 538.055 billion in 2024, a year-on-year increase of 4.3%.

  6. Skyworth Group (00751.HK): Skyworth Digital expects a year-on-year decline in net profit attributable to shareholders of 65.12%–51.83% for 2024.

  7. CITIC Securities (06030.HK) released a performance forecast for 2024, with a net profit attributable to shareholders of RMB 21.704 billion, a year-on-year increase of 10.06%.

  8. People's Insurance Group of China (01339.HK): The original insurance premium income of PICC P&C for 2024 is expected to be RMB 538.055 billion, a year-on-year increase of 4.3%.

  9. SF Holding (06936.HK) reported a total revenue of RMB 26.437 billion from express logistics, supply chain, and international business in December, a year-on-year increase of 12.34%.

  10. Haitong Securities (06837.HK) was absorbed and merged by Guotai Junan (02611.HK), and the fundraising for the merger has been approved for registration and approval by the China Securities Regulatory Commission.

  11. Conant Optical (02276.HK): It is expected that net profit will increase by no less than 30% in 2024, mainly due to steady revenue growth; the diversification of lens types and the increasing proportion of high value-added products.

  12. Zijin Mining (02899.HK): Plans to acquire a 24.82% stake in Tibet Zangge Mining for RMB 13.729 billion and gain control.

  13. New China Life Insurance (01336.HK): Cumulative original insurance premium income for 2024 is expected to be RMB 170.511 billion, a year-on-year increase of 2.8%