PRE-MARKET CHINESE STOCK NEWS: US President Trump's administration was reportedly drafting a ban on US imports of Chinese data centre devices

China State Construction Development (830 HK) - Co. guides H1 (HKD) net to fall 65.5% Y/Y to 133mln, citing lower new-project volume as property developers remained cautious. (Newswires)Country Garden Holdings (2007 HK) - Co. July contracted sales fell 18.4% Y/Y to CNY 2.26bln. (Newswires)CXMT (688825 CN) - HP, Asus and Acer have reportedly begun using small volumes of the Co.’s chips in notebook models sold outside the US. (Newswires)GAC Group (2238 HK) - Co. July vehicle production fell 19.5% Y/Y to 103k and sales fell 5.0% Y/Y to 113k. (Newswires)Innovent Biologics (1801 HK) - Co. H1 (CNY) product rev. rose more than 55% Y/Y to over 8.2bln. (Newswires)Skyworth Group (751 HK) - Co. prelim. H1 (CNY) net rose 170% Y/Y. (Newswires)Techtronic Industries (669 HK) - Co. H1 (USD) net rose 17.5% Y/Y to 738mln, rev. rose 5.9% Y/Y to 8.29bln. (Newswires)Other NewsUS President Trump's administration was reportedly drafting a ban on US imports of Chinese data centre devices, according to sources. (Newswires)PBoC is to conduct CNY 500bln of 3-month outright reverse repos today. (Newswires)Data Recap Hong Kong Retail Sales Value (Jun) Y/Y 4.6% vs. Exp. 8.5% (Prev. 7.9%). Hong Kong Retail Sales Volume (Jun) Y/Y 2.3% vs. Exp. 5.8% (Prev. 4.8%).