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.
Hong Kong stock market morning report on January 3: GTJA's merger application with HAITONG SEC will be discussed next week. Institutions expect that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025.
① PwC predicts that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025. ② GTJA's merger application with HAITONG SEC will be discussed next week. ③ Alibaba's buyback plan still has a remaining quota of 20.7 billion US dollars. ④ Last November, Hong Kong's retail sales volume decreased by 8.3% year-on-year.
Announcement Highlights | The December Electric Vehicles sales report has been released! BYD sold 0.515 million vehicles in a month, and "Weixiaoli" reached new highs together; 13.138 billion Hong Kong dollars! Alibaba fully divested from SUNART RETAIL, a
GCL NEWENERGY plans to sell its photovoltaic assets in Micron; XINYI SOLAR's annual profit may drop by more than 70%.
Hong Kong stock morning report on January 2: Alibaba cleared its holdings in SUNART RETAIL for over 13.1 billion Hong Kong dollars, and BYD's Electric Vehicles sales are expected to increase by more than 40% in 2024.
① In 2024, the fundraising amount of Hong Kong's IPO market returns to the top five globally. ② Alibaba clears out SUNART RETAIL with over 13.1 billion Hong Kong dollars. ③ BYD's sales of Electric Vehicles in 2024 increase by over 40% year-on-year. ④ New loan approvals in Hong Kong in November show a month-on-month growth of about 28%.
Top ten macro events globally in 2024: The US and Japan central banks both pivot, China's Assets explode, and epic surge of Gold and Bitcoin.
This year, major global central banks, including the Federal Reserve and the European Central Bank, have all entered a path of easing, while the Bank of Japan announced the end of the negative interest rate era. The narrowing of the interest rate differential between Japan and the USA briefly spurred a reversal in yen carry trades. Chinese assets have strongly rebounded under the boost of policy 'combinations'. The US elections have driven the 'Trump trade' to become popular, with Bitcoin and Gold, the two major assets, dominating in chaotic times.
Hong Kong stocks morning report on December 31: The total amount of stock buybacks in Hong Kong exceeds 260 billion yuan for the year. In November, overall exports from Hong Kong grew 2.1% year-on-year.
① The company's total repurchase amount in Hong Kong stocks exceeded 263.4 billion Hong Kong dollars for the whole year. ② YUEXIU PROPERTY invested approximately 2.2 billion and jointly won a plot of land in Shanghai. ③ Guolian has completed the transfer of purchased Assets. ④ In November, exports from Hong Kong increased by 2.1% year-on-year.
