PRE-MARKET CHINESE STOCKS NEWS: Earnings releases deluge
Chinese corporate earnings revealed sharp sectoral divergence, as widening real estate losses led by China Vanke contrasted with significant profit expansion in commodities, insurance, and consumer entertainment.
News detail
A-Living Smart City Services (3319 HK) - Co. H1 (CNY) adj. net 539mln (prev. 582mln Y/Y), rev. 6.06bln (prev. 6.47bln Y/Y). (Newswires) Aluminum Corporation of China (2600 HK) - Co. H1 (CNY) net 11.87bln (prev. 7.07bln Y/Y), rev. 125.41bln (prev. 116.41bln Y/Y), interim dividend CNY 0.276/shr. (Dow Jones Newsplus) Angang Steel (347 HK) - Co. H1 (CNY) net loss 2.05bln (prev. loss 1.12bln Y/Y), rev. 45.9bln (prev. 45.8bln Y/Y). (Newswires) Bank of Qingdao (3866 HK) - Co. H1 (CNY) net 3.62bln (prev. 3.06bln Y/Y), net interest income 6.16bln (prev. 5.36blln Y/Y). (Newswires) Bank of Shanghai (601229 CN) - Co. H1 (CNY) net 13.3bln (prev. 13.2bln Y/Y), net interest income 17.7bln (prev. 16.5bln Y/Y), rev. 28.8bln (prev. 27.3bln Y/Y). (Newswires) Beijing Enterprises Holdings (392 HK) - Co. H1 (CNY) net 3.54bln (prev. 3.40bln Y/Y), rev. 45.0bln (prev. 44.5bln Y/Y). (Newswires) Bilibili (9626 HK) - Co. Q2 (CNY) adj. net 1.58bln (prev. 1.29bln Y/Y), rev. 7.94bln (prev. 7.34bln Y/Y), average DAUs 116.5mln (prev. 109.4mln Y/Y). (Newswires) China Everbright (165 HK) - Co. H1 (HKD) net loss 2.06bln, in line with guidance for a loss of 2.06bln, rev. 4.49bln (prev. 2.80bln Y/Y). (Newswires) China Life Insurance (601628 CN) - Co. H1 (CNY) adj. net 134bln (prev. 40.9bln Y/Y), rev. 434bln (prev. 239bln Y/Y). (Newswires) China Longyuan Power (916 HK) - Co. H1 (CNY) adj. net 2.53bln (prev. 3.52bln Y/Y), rev. 14.6bln (prev. 15.7bln Y/Y). (Newswires) China National Building Material (3323 HK) - Co. H1 (CNY) net loss 890mln (prev. net 1.36bln Y/Y), rev. 81.5bln (prev. 83.3bln Y/Y). (Newswires) China Power International Development (2380 HK) - Co. July total electricity sold fell 6.4% Y/Y to 11.7mln MWh. (Newswires) China Vanke (2202 HK) - Co. H1 (CNY) net loss 14.95bln (prev. loss 11.95bln Y/Y), rev. 70.2bln (prev. 105.3bln Y/Y), operating loss 12.51bln (prev. loss 8.82bln Y/Y); Co. said current operations are in "severe" condition. (Newswires) CStone Pharmaceuticals (2616 HK) - Co. H1 (CNY) adj. net loss 231mln (prev. loss 265mln Y/Y), rev. 205mln (prev. 49.5mln Y/Y). (Newswires) Fosun International (656 HK) - Co. H1 (CNY) net 1.72bln (prelim. 1.5-1.8bln), rev. 87.0bln (prev. 87.3bln Y/Y). (Newswires) Guangzhou R&F Properties (2777 HK) - Co. H1 (CNY) net loss 5.27bln (prev. loss 4.05bln Y/Y), rev. 7.10bln (prev. 5.77bln Y/Y). (Newswires) Haier Smart Home (6690 HK) - Co. H1 (CNY) net 10.3bln (prev. 12.0bln Y/Y), rev. 152.1bln (prev. 156.5bln Y/Y). (Newswires) Huayu Automotive Systems (600741 CN) - Co. H1 (CNY) net 2.65bln (prev. 2.90bln Y/Y), rev. 83.9bln (prev. 85.2bln Y/Y). (Newswires) KWG Group (1813 HK) - Co. H1 (CNY) net loss 2.56bln (prev. loss 2.05bln Y/Y), rev. 1.88bln (prev. 3.79bln Y/Y). (Newswires) Ningbo Zhoushan Port (601018 CN) - Co. H1 (CNY) net 2.54bln (prev. 2.60bln Y/Y), rev. 16.9bln (prev. 15.0bln Y/Y). (Newswires) Shaanxi Coal Industry (601225 CN) - Co. H1 (CNY) net 11.3bln (prev. 7.64bln Y/Y), rev. 78.9bln (prev. 78.0bln Y/Y). (Newswires) Shenzhen Investment (604 HK) - Co. H1 (HKD) net loss 1.99bln (prev. loss 2.62bln Y/Y), rev. 10.14bln (prev. 10.40bln Y/Y). (Newswires) Wynn Macau (1128 HK) - Co. H1 (HKD) net 1.55bln (prev. 231mln Y/Y), rev. 15.6bln (prev. 13.6bln Y/Y). (Newswires) WuXi AppTec (2359 HK) - Co. sold 53.524mln shares in WuXi XDC via a block trade for HKD 3.92bln and will use the proceeds for capacity buildout. (Dow Jones Newsplus) Xiabu Xiabu (520 HK) - Co. H1 (CNY) net loss 36.0mln (prev. loss 84.1mln Y/Y), rev. 1.49bln (prev. 1.94bln Y/Y). (Newswires) Zoomlion Heavy Industry Science and Technology (1157 HK) - Co. H1 (CNY) net 2.10bln (prev. 2.76bln Y/Y), rev. 27.1bln (prev. 24.9bln Y/Y). (Newswires)
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.
