Gelonghui Announcement Highlights (Hong Kong Stocks) | Wanwuyun (02602.HK) plans to acquire 100% of Zhongzhou Property for 0.227 billion yuan.

[Today's Focus] Wanwu Cloud (02602.HK) plans to acquire 100% equity of Zhongzhou Property for 0.227 billion yuan. Wanwu Cloud (02602.HK) announced that on December 31, 2024, the company's wholly-owned subsidiary, Shenzhen Yuying Property Service Co., Ltd. (as the buyer), signed an Equity Transfer Agreement with an independent third party, Shenzhen Zhongzhou Investment Holdings Co., Ltd. (as the seller). According to this agreement, the company will purchase 100% equity of Shenzhen Zhongzhou Property Management Co., Ltd. (Zhongzhou Property) from Zhongzhou Investment for 226.95 million yuan. The Equity Transfer Agreement was approved by the seller's Board of Directors on January 2025.

Gelonghui FinanceJan 3 09:59 ET

TENCENT (00700.HK) spent 0.701 billion Hong Kong dollars on January 3 to repurchase 1.69 million shares.

On January 3, Tiger Financial reported that TENCENT (00700.HK) announced that on January 3, 2025, it spent 0.701 billion HKD to repurchase 1.69 million shares, with a repurchase price per share of 411.2 to 418.6 HKD.

Gelonghui FinanceJan 3 04:22 ET

Skydance and Paramount Global (PARA.US) refute opponents: Concerns about the merger affecting competition are "groundless."

On Thursday, Skydance Media and Paramount Global defended their $8.4 billion merger plan.

Zhitong FinanceJan 3 02:34 ET

[Brokerage Focus] CITIC SEC: With the peak period of social activities like the Spring Festival approaching, the activity level of WeChat mini-stores on both the supply and demand sides is expected to increase.

Jinwu Financial News | The research report from CITIC SEC points out that starting from January 1, WeChat Mini Stores launched a new "Private Domain Incentive Program". This program provides a reduction in technical service fees for transactions completed in group chats, Moments, public accounts, and other social and private domain scenarios. This measure is expected to promote active actions from merchants in terms of onboarding, operations, and pricing. As the peak period for social activities, such as the Spring Festival, approaches, the activity on both the supply and demand sides in WeChat Mini Stores is expected to be enhanced. WeChat's active participation in the social e-commerce field indicates that the e-commerce scenario is poised for new changes and opportunities. Brands that can quickly adapt to the new traffic trends are expected to be the first.

Jinwu Financial NewsJan 2 20:22 ET

Selected Announcements | Alibaba's buyback plan still has a remaining amount of 20.7 billion USD; GTJA plans to conduct a stock swap to absorb and merge HAITONG SEC and will send a proposal to the meeting for fundraising support.

In 2024, Qinhuangdao Port's total throughput reached 0.414 billion tons, a year-on-year increase of 5.66%; ZHAOKE OPHTH-B: The National Medical Products Administration accepted the simplified new drug application for NVK002, used to treat worsening myopia in children.

cls.cnJan 2 19:11 ET

Zhitoon ADR Statistics | January 3

HSI ADR fell, closing at 19621.74, down 1.58 points or 0.01% compared to the Hong Kong closing.

Zhitong FinanceJan 2 17:35 ET