PRE-MARKET CHINESE STOCKS NEWS: China Evergrande New Energy Vehicle Group (708 HK) reports H1 (CNY) net 185.72mln; FY25 (CNY) net loss 891mln, FY24 (CNY) net 6.27bln

China Evergrande New Energy Vehicle Group (708 HK) - Co. reports H1 (CNY) net 185.72mln; FY25 (CNY) net loss 891mln, FY24 (CNY) net 6.27bln. (Newswires) Prudential (2378 HK) - UBS Group AG crossed the 5% voting-rights threshold in the Co. and holds 5.118% including financial instruments. (Newswires) Z.AI (2513 HK) - Co. reportedly raised its end-2026 ARR target by 25% to USD 3bln. (Newswires) Zijin Mining Group (2899 HK) - Co.’s wholly owned subsidiary Zijin Xiamen Equity entered into a partnership agreement with Xiamen Puquan, Kunkun Investment and other partners to participate as a limited partner in the Shidai Shenyuan Fund. (Newswires) HKMA HKMA raised its base rate by 25bps to 4.25%, as expected, as the central bank moves in lockstep with the Fed to defend the USD/HKD peg. Other News US Treasury Secretary Bessent said the US is open to discussing shared risks with China in upcoming AI talks this weekend. (Newswires) The US has identified Mexico and China as major drug transit countries. (Newswires) China will promote cooperation on SMR technology, strengthen joint training of professionals and use multilateral platforms to broaden international collaboration, CAEA Director Shan Zhongde said. (Newswires)