Announcement Highlights | Kuaishou's adjusted Net income in Q4 increased by 7.8% year-on-year, and the total revenue of Keliang AI exceeded 0.1 billion yuan; CHINA TELECOM will earn 33 billion yuan in net income in 2024.

CHINA TELECOM's net income in 2024 is 33 billion yuan; WULING MOTORS' net income attributable to shareholders is expected to increase by over 115% in 2024; Kuaishou's net income in 2024 is 15.335 billion yuan, an increase of 139.76% year-on-year.

cls.cn20:37 ET

Hong Kong Stock Morning Report | US stock index closed higher while Chinese concept stocks fell, Morgan Stanley raised the target point for the Hang Seng Index.

① The results of the Saudi talks between the USA, Russia, and Ukraine have been disclosed, achieving a consensus on a ceasefire in the Black Sea. ② Consumer confidence in the USA further deteriorated in March. ③ The three main US stock indices rose on Tuesday, while China Concept Stocks declined. ④ Data shows that the US stock market is in a state of "Institutions fleeing, retail investors buying heavily." ⑤ According to sources, Trump is considering implementing a two-step tariff system on April 2. ⑥ Morgan Stanley has raised the year-end target point for the Hang Seng Index.

cls.cn19:06 ET

Greenland Hong Kong Sees 2024 Loss CNY1.8B-Loss CNY2.1B >0337.HK

Dow JonesMar 25 06:17 ET

GREENLAND HK (00337.HK) expects a loss of approximately 1.8 billion to 2.1 billion yuan for the fiscal year 2024.

Gelonghui reported on March 25 that GREENLAND HK (00337.HK) announced that it expects to record a loss attributable to shareholders between approximately RMB 1.8 billion and RMB 2.1 billion for the 2024 fiscal year, compared to a loss of approximately RMB 1.75 billion attributable to shareholders in the previous year. The loss is primarily due to the impact of the downturn in the Real Estate Industry, resulting in reduced property delivery revenue and lower gross margin for the entire year of 2024.

Gelonghui FinanceMar 25 05:56 ET

Express News | Greenland Hong Kong Sees Decrease in Gross Profit Margin Throughout Year of 2024, Others

ReutersMar 25 05:54 ET

GREENLAND HK: PROFIT WARNING

HKEXMar 25 05:52 ET · Announcements