PRE-MARKET CHINESE STOCKS NEWS: Earnings and sales updates from CGN Energy, China Jinmao and MMG
H1 2026 results show strong growth for Foxconn and Tingyi, while Poly Real Estate and CGN Energy faced declines, reflecting a mixed economic environment in China.
News detail
CGN New Energy (1811 HK) - Co. prelim. H1 (CNY) net fell 49.8% Y/Y. (Newswires) China Jinmao (817 HK) - Co. July (CNY) contracted sales 9.20bln (prev. 8.46bln Y/Y). (Newswires) China Literature (772 HK) - Co. H1 (CNY) EPS 0.13 (prev. 0.83 Y/Y), adjusted EBITDA 384.2mln (prev. 386.9mln Y/Y), rev. 3.53bln (prev. 3.19bln Y/Y). (Newswires) Foxconn Industrial Internet (601138 CN) - Co. H1 (CNY) net 23.7bln (prev. 12.1bln Y/Y), rev. 557.9bln (prev. 360.8bln Y/Y). (Newswires) HK Electric Investments (2638 HK) - Co. H1 (HKD) net 1.00bln (prev. 1.00bln Y/Y), EBITDA 4.30bln (prev. 3.98bln Y/Y), rev. 5.94bln (prev. 5.57bln Y/Y). (Newswires) MMG (1208 HK) - Co. H1 (USD) net 897mln (prev. 340mln Y/Y), rev. 4.54bln (exp. 4.68bln). (Newswires) Poly Real Estate (600048 CN) - Co. July (CNY) contracted sales fell 17.2% Y/Y to 14.9bln. (Newswires) Tingyi (Cayman Islands) Holding (322 HK) - Co. H1 (CNY) net 2.43bln (prev. 2.11bln Y/Y), rev. 40.6bln (exp. 40.1bln). (Newswires)
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