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Glory Announces Selected (Hong Kong Stocks) | ronshine serv (02207.HK) Suggests privatization and delisting of the company through agreement arrangements, planning to resume trading on November 25.
【Today's Focus】Ronshine Serv (02207.HK) proposes to privatize the company and delist it through a scheme arrangement, intending to resume trading on November 25. Ronshine Serv (02207.HK) announced that it proposes to privatize Ronshine Serv Group Limited pursuant to Section 86 of the Cayman Islands Companies Law through a scheme arrangement initiated by the offeror. The offeror, Ronxin Yipin Limited, and the respective boards of directors jointly announced that on November 15, 2024, the offeror will request the board of directors to present a proposal to the planned shareholders regarding the suggested scheme for the privatization of the company. If the proposal is approved and implemented, it will lead to the offeror acquiring the shares.
Express News | Tencent Bought Back 1.7 Mln Shares for HK$701.8 Mln on Nov 22 - HKEX Filing
[Brokerage Focus] Dongbei Securities maintains a buy rating on tongchengtravel (00780), citing its outstanding competitive advantage in traffic and inventory resources backed by Tencent and Ctrip.
Jingu Financial News | Northeast Securities Research indicates that in Q3 2024, tongchengtravel (00780) achieved revenue of 5 billion, a year-on-year increase of 51% (exceeding expectations, company guidance was 45-50%). Adjusted net income was 0.91 billion, a year-on-year increase of 47% (exceeding expectations and guidance). The report states that the core OTA achieved revenue of 4 billion, a year-on-year increase of 22%, including traffic ticketing at 2 billion, a year-on-year increase of 21%, lodging bookings at 1.38 billion, a year-on-year increase of 22%, and other revenue at 0.61 billion, a year-on-year increase of 24%. International business led the growth, with international flight volume increasing by over 110% and international hotel nights increasing by over 130%. The vacation business achieved.
Hong Kong stocks fluctuated | The Hang Seng index fell nearly 3%, with network technology stocks generally declining. alibaba-W (09988) fell nearly 5%, marking a seven-day decline.
Heng Technology fell by nearly 3%, among its constituent stocks, the weight technology stocks generally declined, alibaba fell by nearly 5%, with the stock price temporarily in a seven-day decline. As of the time of publication, Alibaba-W (09988) fell by 4.5%, closing at 80.6 Hong Kong dollars.
Citigroup: Netease-S (09999) 'FIFA Online' approved, focusing on whether China will issue other imported game licenses in December.
This time tencent (00700) did not have games approved, but netease-S (09999) imported game's version 'online football manager' is listed.
Reddit Shares Slip 7.3% After Tencent Discloses Sale of Shares
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