share_log

智通港股早知道 | 郁亮辞任万科(02202)董事会主席 深铁集团董事长辛杰接任

Zhitong Hong Kong Stocks Early Insight | Yu Liang resigns as Chairman of the Board of Directors of Vanke (02202), and Xin Jie, Chairman of Shenzhen Metro Group, takes over.

Zhitong Finance ·  Jan 27 23:51

According to the announcement from China Vanke Co.,Ltd., Shenzhen Metro Chairman Xin Jie has been appointed as the Chairman of the Board of Directors of China Vanke Co.,Ltd., while Yu Liang, who has resigned from the position of Chairman of the Board, will serve as the First Executive Vice President of China Vanke Co.,Ltd.

【Today’s Headlines】

Xin Jie, chairman of Shenzhen Metro, has been appointed as chairman of the Board of Directors of China Vanke Co.,Ltd., while Yu Liang has been appointed as the first executive vice president of China Vanke Co.,Ltd.

According to the announcement from China Vanke Co.,Ltd., Shenzhen Metro Chairman Xin Jie has been appointed as the Chairman of the Board of Directors of China Vanke Co.,Ltd., while Yu Liang, who has resigned from the position of Chairman of the Board, will serve as the First Executive Vice President of China Vanke Co.,Ltd.

China Vanke Co.,Ltd. announced that it is expected to incur a net income loss of approximately 45 billion yuan attributable to the Shareholder of the listed company in 2024, a year-on-year decline of 470.0%; the net income loss after excluding non-recurring gains and losses is expected to be approximately 41 billion yuan, a year-on-year decline of 518.6%; the basic EPS loss is approximately 3.79 yuan/share. The company anticipates a loss in performance for 2024, primarily due to the significant decline in the settlement scale and gross margin of Real Estate Development projects, additional credit impairment provisions and inventory write-down provisions, losses from some non-core financial investments, and the prices of certain bulk asset trades and equity trades being lower than their book values.

The Shenzhen city, Guangdong province, and relevant national departments are highly concerned and actively supporting China Vanke's stable production and operation, legally protecting the legitimate rights and interests of home buyers, creditors, and investors.

[Market Outlook]

Overnight U.S. stocks had mixed results, with large Technology stocks generally declining.

Overnight, the Dow Jones Industrial Average rose by 289.33 points compared to the previous trading day, closing at 44,713.58 points, an increase of 0.65%; the S&P 500 Index fell by 88.96 points, closing at 6,012.28 points, a decrease of 1.46%; the Nasdaq Composite Index dropped by 612.47 points, ending at 19,341.83 points, a decrease of 3.07%. This week, the Nasdaq fell a total of 3.07%, the S&P a total of 1.43%, and the Dow increased a total of 0.65%. Large Technology stocks generally dropped, with Semiconductors leading the decline, the PHLX Semiconductor Index plummeting more than 9%. NVIDIA fell about 17%, with a single-day Market Cap evaporation of 589 billion USD, marking the largest single-day loss for a stock in history. Broadcom fell 17.40%, ASML fell 5.75%, and Taiwan Semiconductor fell 13.33%. Google fell over 4%, Tesla, Microsoft, and Intel all fell more than 2%, while Netflix slightly declined; Apple rose over 3%, once again becoming the company with the highest Market Cap globally.

China Concept Stocks showed mixed results, with the Nasdaq China Golden Dragon Index rising by 0.1%. New Oriental rose more than 3%, and TAL Education, XPeng Autos, Baidu, and KE Holdings increased by over 2%. The HSI ADR rose, closing at 20,296.92 after a proportional increase of 99.15 points or 0.49% compared to the Hong Kong close.

The Hong Kong stock market will open for half a day on January 28 (Tuesday), New Year's Eve morning, and be closed in the afternoon. It will remain closed from January 29 (Wednesday) to January 31 (Friday) and resume normal operations on February 3 (Monday), the sixth day of the Lunar New Year.

[Hotspot Preview]

The State Council released 'Several Opinions on Strengthening Regulation, Preventing Risks, and Promoting High-Quality Development of the Trust Industry.'

By 2029, risks in the trust industry will be effectively controlled, business transformations will be orderly advanced, institutions will operate more steadily, legal systems will be further improved, full-process supervision will continue to strengthen, and the foundation for high-quality development of the trust industry will be continuously consolidated. By 2035, a new pattern of the trust industry characterized by adherence to positioning, improved governance, stable operation, professional service, and effective supervision will be basically formed.

The Office of the Ministry of Commerce and six other departments: Prepare for the "renewal" of home decoration kitchen and bathroom in 2025.

The General Office of the Ministry of Commerce and six other departments issued a notice on effectively carrying out the "renewal" work for home renovation and kitchen and bathroom in 2025. The notice states that localities should focus on green, intelligent, and elderly-friendly directions, with the main categories for subsidies being renovation materials, sanitary ware, furniture lighting, smart home products, and home modifications suitable for the elderly. Each locality will determine specific categories based on local industrial characteristics, consumer habits, and the actual needs of the elderly. The subsidy standard shall not exceed 15% of the final sales price after excluding all discounts and offers. For products with energy efficiency or water efficiency standards of level one or above, it shall not exceed 20%. The subsidy standard for home modifications suitable for the elderly may be appropriately increased, not exceeding 30%.

The Macao Tourism Board expects hotel occupancy rates to be high during the Spring Festival, with some days potentially reaching 99%.

According to Zhito Finance APP, recently, Macao Tourism Board Director Mân Yihua stated in a media interview that hotel prices during this year's Spring Festival holiday have not increased significantly compared to the same period last year and that the hotel occupancy rates during the Spring Festival holiday are expected to be high, with occupancy rates on some days likely to reach 99%.

Wall Street investment banks bet that Tesla's sales this year will not meet Musk's expectations.

According to reports, Wall Street investment banks now expect that as Trump attempts to abolish the climate policies favoring electric Autos from the Biden era, Tesla's growth in vehicle sales this year will be far lower than the predictions of its co-founder Musk. Analyst forecasts compiled by FactSet indicate that Tesla is expected to sell 2.07 million vehicles this year, a 16% increase compared to 2024. This would be a rebound since last year, when the company reported its first sales decline since 2011, but this is well below Musk's prediction of 20% to 30% in October, and also lower than the approximately 40% annual growth rate in the previous two years. Morgan Stanley Analyst Adam Jonas stated, 'Trump 2.0's opposition to electric vehicle incentives has impacted the sales expectations for 2025.'

DeepSeek released multi-modal large model image performance benchmarks late at night, surpassing OpenAI's competitors.

Not long before the New Year's Eve bell rang, DeepSeek engineers uploaded the Janus Pro 7B and 1.5B models to the "Hugging Face" platform. These two models are upgrades of the Janus model released in October last year. With 1.5 billion and 7 billion parameters, these two models have the potential to run locally on consumer-grade computers. Like R1, Janus Pro is licensed under MIT and has no restrictions for commercial use. According to the 'benchmark' data provided in the report, in some text-to-image benchmark tests, the Janus-Pro model with 7 billion parameters performed better than OpenAI's DALL-E 3 and Stability AI's Stable Diffusion 3-Medium.

Asymchem Laboratories (06821) issued a profit warning, expecting annual net income attributable to shareholders to be between 0.85 billion yuan and 1.05 billion yuan, a year-on-year decrease of 54% to 63%.

According to the news from Zhitong Finance APP, Asymchem Laboratories (06821) announced that in 2024, the company expects to achieve operating revenue of RMB 5.8 billion to RMB 6 billion, a year-on-year decrease of 23% to 25%. However, the revenue for the fourth quarter is still expected to maintain a quarter-on-quarter growth of about 20% and a year-on-year growth of about 20%. The decline in operating revenue for 2024 compared to 2023 is mainly due to the delivery of substantial orders during the same period last year, with no related orders this year. After excluding the impact of last year's substantial orders, operating revenue continues to grow. Specifically, the small molecule CDMO business, after excluding the impact of substantial orders, shows a year-on-year growth of about 11%, and emerging business revenue shows a year-on-year growth of about 3%.

WESTCHINACEMENT (02233) plans to acquire a majority stake in the modern comprehensive cement plant CILU in the Democratic Republic of Congo.

According to the news from Zhitong Finance APP, WESTCHINACEMENT (02233) announced that on January 27, 2025, the company's indirectly wholly-owned subsidiary WIH Cement entered into a share purchase agreement with HM seller group, HM AG, and the company, under which WIH Cement conditionally agrees to acquire, and the HM seller group conditionally agrees to sell 1.5749 million shares of CILU (accounting for 91.02% of its issued share capital), for a consideration of USD 3.7001 million (equivalent to approximately HKD 28.8605 million), but shall be subject to customary closing adjustments.

SH PHARMA (02607) is participating with RMB 1 billion to set up a Shanghai Biomedical M&A Fund.

The company intends to participate as one of the limited partners in establishing the Shanghai Biomedical M&A Private Equity Partnership (Limited Partnership), with an intended investment amount of RMB 1 billion. The fund is expected to raise RMB 5.01 billion, with Shanghai Shanzhi Capital Management Co., Ltd. and Shanghai Biomedical M&A Private Equity Fund Management Co., Ltd. serving as general partners.

SINOFERT (00297) issued a profit forecast expecting annual shareholder profit attributable to be about RMB 1.01 billion to RMB 1.11 billion, a significant year-on-year increase.

According to the news from Zhitong Finance APP, SINOFERT (00297) announced that it expects the profit attributable to its shareholders for the year ending December 31, 2024, to be between RMB 1.01 billion and RMB 1.11 billion, a substantial increase compared to the profit attributable to its shareholders of RMB 0.626 billion for the year ending December 31, 2023. The aforementioned profit attributable to shareholders takes into account the relevant impairments or losses recognized due to the policy shutdown and bankruptcy liquidation of the company’s associate Yangmei Plain Chemical Co., Ltd. For the year ending December 31, 2023, credit losses of RMB 0.328 billion and asset impairment losses of RMB 0.195 billion have been recognized, and for the year ending December 31, 2024, credit losses of approximately RMB 0.168 billion related to loans to the associate have been recognized.

[Stock Highlights]

DONGYUE GROUP (00189): Shandong Dongyue Organosilicon Materials is expected to see its annual net income attributable to shareholders increase by approximately 119.18% to 122.87% year-on-year.

According to the Zhitong Financial APP, DONGYUE GROUP (00189) announced that Shandong Dongyue Organosilicon Materials' net income attributable to its shareholders for the year ending December 31, 2024, is expected to increase by approximately 119.18% to 122.87% year-on-year; net income after deducting non-recurring gains and losses is expected to increase by approximately 125.69% to 129.36% year-on-year.

The Pacific Securities pointed out that the refrigerant quota will be implemented in 2025, with a significant reduction in the second-generation quota and a slight increase in the third-generation quota, but the overall scale is smaller than previously guided, which is expected to promote the refrigerant industry to maintain a high degree of prosperity. Donghai Securities indicated that the production of the downstream air conditioning industry will significantly increase in February 2025, with strong downstream demand, and the long-term contract order prices from air conditioning manufacturers will be established in 2025, providing support for refrigerant prices, which is expected to keep the refrigerant industry in a high prosperity state, and the profitability of related refrigerant production companies is expected to significantly improve.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
Comment Comment · Views 386

Recommended

Write a comment

Statement

This page is machine-translated. Moomoo tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.