PRE-MARKET CHINESE STOCK STORIES: Mainland China on holiday
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China Xinlianxin Fertilizer (1866 HK) - Co. was upgraded to Buy from Neutral by Goldman Sachs, with the price target nearly doubled to HKD 14 on higher payout ratios and urea prices. (Goldman Sachs) Evergrande Property Services (6666 HK) - Co. entered exclusive negotiations with Guangdong Tourism Holding Group for a potential sale of a 51.016% stake. (Newswires) HSBC Holdings (5 HK) - Co. is holding a board meeting on 5 May to approve Q1 2026 results and consider an interim dividend, with consensus EPS seen at USD 0.43. (Newswires) Sa Sa International (178 HK) - Co. expects FY profit to more than double to HKD 190mln–205mln, supported by online business growth. (Company Update) Standard Chartered (2888 HK) - Co. saw Citi raise its 2026 EPS forecast by 12% following strong wealth management income growth. (Citi) Weichai Power (2338 HK) - Co. shares hit record highs after an HSBC report highlighted strong backlog growth from key customer Generac. (HSBC)
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