Today's important announcements for Hong Kong stocks are as follows:

1) Company news

$BOSS ZHIPIN-W (02076.HK)$: Revenue for the third quarter was RMB 1.9116 billion, up 19.0% year over year. Net profit was approximately 0.464 billion yuan, up 8.9% year over year. Adjusted net profit was approximately $0.739 billion, up 3.5% year over year.

According to the announcement, the total number of paying corporate customers for the 12 months ended September 30, 2024 was 6 million, an increase of 22.4% over the previous year. The average monthly active users in the third quarter was 58 million, an increase of 30.0% year over year.

$CPIC (02601.HK)$: In the previous 11 months, the cumulative original insurance premium income received through Pacific Life was 228.842 billion yuan, an increase of 2.2% over the previous year; the cumulative original insurance premium income of Pacific Financial Insurance was 187.033 billion yuan, an increase of 7.0% over the previous year.

Little Vegetable Garden (00999): The offering is expected to be listed on December 20 from December 12 to December 17.

$BAIC MOTOR (01958.HK)$: BAIC Motor and Hyundai Motor will jointly inject approximately US$1.095 billion into Beijing Hyundai.

According to the announcement, BAIC and Hyundai Motor agreed to jointly inject about 1.095 billion US dollars into Beijing Hyundai, and the two sides each invested about 0.548 billion US dollars. Funding will be carried out in instalments. Based on the “China for the world” development strategy, Beijing Hyundai will rapidly achieve new energy and intelligent transformation through its own system capabilities, shareholders' new energy technology support, and resource advantages, and launch more products to meet the needs of Chinese consumers; and continue to expand its export scale in the international market.

$XINYI GLASS (00868.HK)$: Signed a 2024 glass supply agreement with Xinyi Auto Glass (Hong Kong).

According to the announcement, it is expected that for the three years ending 31 December 2027, the transaction amount under the 2024 glass supply agreement will not exceed HK$10.2 million, HK$11 million and HK$11.8 million, respectively.

$CGN NEW ENERGY (01811.HK)$: A total of 17,684.1 gigawatt-hours of power generation was completed in the first 11 months, an increase of 1.7% over the previous year.

Among them, 1360.8 gigawatt-hours of power generation was completed in November, a year-on-year decrease of 18.0%. Among them, wind power decreased by 24.6%, solar energy projects increased by 8.9%; China's cogeneration and gas projects decreased by 9.7%; China's hydropower projects increased by 72.6%; and South Korea projects decreased by 14.7%

$SIM TECH (02000.HK)$: Unaudited revenue for the first 11 months was approximately HK$0.361 billion, a year-on-year decrease of 23.8%. Among them, revenue from the main business in November was HK$33.5 million, up 21% month-on-month and 4.1% year-on-year.

$MODERN INNO DT (02322.HK)$ : It is proposed to discount approximately 7.89% of the allotment, with a maximum net raise of HK$0.5318 billion.

$TIANGONG INT'L (00826.HK)$: Subsidiary further repurchase of 5.4706% of Tiangong Tool shares.

$CHUNCHENG HEAT (01853.HK)$: The company signed a coal purchase agreement with Chuncheng Investment, the controlling shareholder of the company. The company plans to invest in Chuncheng to purchase 26,561.81 tons of coal at a total cost of approximately RMB 19.2874 million.

$GRAND PHARMA (00512.HK)$: A strategic cooperation agreement was reached with Minoboshi to obtain exclusive development and commercialization rights for the world's first innovative product to treat dry eye.

$IMMUNOTECH-B (06978.HK)$: CAR-T-19 injection awarded breakthrough therapy certification

2) Financing, holdings increase/decrease, and repurchase trends

$ASYMCHEM (06821.HK)$: According to the shareholding increase plan, some directors, executives, and core technical and business personnel increased their total holdings of the company by 23.2638 million yuan.

$PACIFIC BASIN (02343.HK)$: The share repurchase plan was completed, and 0.138 billion shares were purchased at a total cost of approximately HK$0.312 billion. All repurchased shares have been cancelled.

$TENCENT (00700.HK)$: Spend HK$0.702 billion to repurchase 1.71 million shares at a repurchase price of $407.2 to $414.8.

$AIA (01299.HK)$: HK$62.7311 million was spent to repurchase 1.0706 million shares at a repurchase price of HK$57.95-59.35.

$SINOPEC CORP (00386.HK)$: Spend HK$16.3894 million to repurchase 3.8 million shares at a repurchase price of HK$4.26-4.40

$COSCO SHIP HOLD (01919.HK)$: Spend HK$15.8932 million to repurchase 1.3695 million shares at a repurchase price of HK$11.5-11.72.

$MOG DIGITECH (01942.HK)$: It is proposed to issue approximately 0.212 billion subscription shares at a discount of approximately 15.38%, with a net raise of approximately HK$0.21 billion.

Edit/Danial