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China Securities Co., Ltd.: The overall prosperity of the military industry sector is expected to usher in a recovery.
China Securities Co.,Ltd. research reports pointed out that since late June this year, a series of military industry enterprises have continuously disclosed large-scale order amounts, which is expected to have a positive impact on the operational performance in 2024.
Hong Kong stocks closed (07.18) | HSI rose 0.22%, most of the Zhongtegu concept rebounded, Nongfu Spring (09633) surged 6% to lead the blue chips.
Hong Kong stocks rose and fell in early trading and then climbed again. The Hang Seng Index and the H-Share Index successfully turned green, and the afternoon increase expanded slightly. Among the three major indices, only the Heng Seng Technology Index fluctuated underwater throughout the day.
AviChina Announces New Board Structure
AviChina's EGM: Resolutions Passed, Board Evolves
Avichina (02357): Yan Lingxi was elected as the chairman of the eighth board of directors.
Avichina (02357) announced that the board of directors, in order to continuously optimize and improve the company's performance in the field of sustainable development, is pleased to announce that the proposal to establish a sustainable development committee was reviewed and approved by the board of directors at the meeting held on July 12th, 2024. The sustainable development committee is mainly responsible for fully supporting the work of environmental, social and governance related issues, carefully studying and deliberating on relevant meeting proposals, and providing opinions or suggestions for the decision-making of the board of directors. At the board of directors meeting held on the same day as the extraordinary general meeting of shareholders, Yan Lingxi was elected as the chairman of the eighth board of directors.
Hang Seng Index Company: The Hang Seng Stock Connect State-Owned Enterprise Value Index has risen by more than 26% since the beginning of the year, significantly outperforming the market.
Heng Seng Index Company stated that state-owned enterprises have significantly outperformed in the Hong Kong stock market in recent years.
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