PRE-MARKET CHINESE STOCKS NEWS: Tencent (700 HK) Q2 (CNY) operating profit 67.3bln (exp. 67.7bln), revenue 204.8bln (exp. 202.8bln), capex 52.8bln (exp. 32.1bln), Co. US shares fell more than 5%

CK Infrastructure Holdings (1038 HK) - Co. H1 (HKD) net rose 389.7% Y/Y to 21.3bln, revenue fell 3.9% Y/Y to 19.6bln. (Newswires) Nexteer Automotive (1316 HK) - Co. H1 (USD) net rose 35.1% Y/Y to 85.8mln, revenue rose 4.0% Y/Y to 2.33bln. (Newswires) Pou Sheng International (3813 HK) - Co. H1 (CNY) net rose 29.8% Y/Y to 244mln, revenue 8.96bln (exp. 8.96bln). (Newswires) Power Assets Holdings (6 HK) - Co. H1 (HKD) net rose 383.6% Y/Y to 14.7bln, revenue fell 16.2% Y/Y to 295mln. (Newswires) Samsonite Group (1910 HK) - Co. agreed to purchase an 85% stake in BÉIS for USD 178.5mln in cash. (Newswires) Shanghai Pudong Development Bank (600000 CH) - Co. prelim. H1 (CNY) net rose 4% Y/Y to 31.0bln. (Newswires) Tencent (700 HK) - Co. Q2 (CNY) operating profit 67.3bln (exp. 67.7bln), revenue 204.8bln (exp. 202.8bln), capex 52.8bln (exp. 32.1bln), international gaming revenue 18.6bln (exp. 20.6bln), stepped up computing capacity in recent weeks and began a small-scale prototype test of Xiaowei, its agentic AI inside Weixin; Co. did not declare an interim dividend. (Newswires) Yue Yuen Industrial (551 HK) - Co. H1 (USD) recurring net fell 53.3% Y/Y to 76.0mln, revenue fell 2.2% Y/Y to 3.97bln. (Newswires) Yuexiu Real Estate Investment Trust (405 HK) - Co. H1 (CNY) net loss 123mln (prev. loss 105mln Y/Y), revenue fell 20.6% Y/Y to 767mln. (Newswires) Other News PBoC Q2 Monetary Policy Implementation Report stated it will strengthen counter-cyclical adjustment, expand domestic demand, deepen financial reform and high-level opening, and continue implementing a moderately loose monetary policy; it will use a range of tools and adjust as needed to keep liquidity ample and social financing relatively loose, while maintaining the yuan exchange rate broadly stable at a reasonable level, with inflation expected to continue a reasonable rebound. PBoC is to conduct overnight reverse repos on August 14th and between August 17th-19th. The US-China "Board of Investment", one of the key outcomes from the May summit, is unlikely to be among the deliverables at their expected meeting in September. (SCMP)