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Announcement Highlights | Tencent reduces its shareholding in Weimob and UBTECH, cashing out over 1.6 billion Hong Kong dollars; COSCO SHIP ENGY anticipates a net profit increase of 17.2% for 2024.
BE FRIENDS HLDG's annual Commodity Trade volume increased by about 20%; Q TECH: In December, the sales volume of mobile phone camera modules was approximately 30.595 million units, a month-on-month decrease of 24.1% and a year-on-year decrease of 12.4%.
Hong Kong stock report for January 10: Tencent's Shareholding in Weimob and UBTECH cashing out exceeds 1.6 billion Hong Kong dollars. Cui Dongshu warns of a "price war" storm in the Autos market by 2025.
① Tencent continuously reduced its shareholding in WEIMOB INC and UBTECH, cashing out 1.67 billion Hong Kong dollars. ② Shanghai: By 2026, the new energy storage capacity is expected to reach an application scale of over 0.8 million kilowatts. ③ Cui Dongshu from the Passenger Car Association: The "price war" in the Autos industry will be extremely fierce in 2025. ④ TrendForce predicts that the Global market for large language models in robots is expected to exceed 100 billion dollars by 2028.
Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.
Express News | Hang Seng Tech Index Down More Than 2%
Selected announcement | POLY PROPERTY's contract sales for 2024 reached 54.2 billion yuan; WUXI BIO plans to sell its Ireland vaccine factory for 0.5 billion USD.
In 2024, Poly Real Estate's contracted sales exceeded 54 billion yuan; TRULY INT'L's annual operating net profit increased by over 10% year-on-year.
Announcement Highlights | Wanwu Cloud acquires 100% equity of Zhongzhou Property; UBTECH executives commit not to reduce their Shareholding within 12 months.
C&D INTL GROUP: The cumulative contract sales amount for 2024 is about 103.36 billion yuan, a year-on-year decrease of about 25.1%; SHIMAO SERVICES plans to acquire 33% of Shenzhen Shilu Yuan Environmental for 83.159 million yuan for full ownership.