PRE-MARKET CHINESE STOCK NEWS

• 
  360 Ludashi Holdings (3601 HK) - He Shiwei has resigned as an executive director. Jian Lu appointed as an executive director. (Newswires)


• 
  China Feihe (6186 HK) - Unit subscribed for wealth management financial product offered by CITIC Bank with amount of RMB 500mln. (Newswires)


• 
  China HK Power Smart Energy Group (0931 HK) - Will invest up to RMB 800mln in project located in Lingang Industrial Zone. Unit secured energy centralized supply & refuelling base project in Zhanjiang Lingang Industrial Zone. (Newswires)


• 
  China Industrial Securities International Financial (6058 HK) - On Dec 5, unit subscribed notes for a total subscription amount of USD 6mln. Notes refer to senior notes in aggregate principal amount of USD 210mln. (Newswires)


• 
  ESR Group (1821 HK) - Total gross proceeds to be received by REIT from the offering of units is CMY 2.1bln. (Newswires)


• 
  GenScript Biotech (1548 HK) - FDA grants IND approval to Base Therapeutics' base-edited NK cell therapy, powered by GenScript's cGMP sgRNA and CytoSelect platform. (Newswires)


• 
  Greenland Hong Kong Holdings (0337 HK) - 11-month contracted sales ~ CNY 8.818bln. (Newswires)


• 
  Guan Chao Holdings (1872 HK) - Zhang Xiaoyang appointed as an executive director and co-chairman of the board. (Newswires)


• 
  Haidilao International Holding (6862 HK) - Sichuan Xinpai Catering Management to grant loan facility of up to RMB 500mln. (Newswires)


• 
  Hengrui Pharmaceuticals (600276 CH) - Plans to seek Hong Kong listing. (Newswires)


• 
  Mao Geping Cosmetics Co (1318 HK) - Final offer price of HK$29.80 per H share under global offering. (Newswires)


• 
  PW Medtech Group (1358 HK) - Proposed spin-off of Sichuan Ruijian Medical. Sichuan Ruijian Medical to submit application for subsequent listing on Beijing Stock Exchange. (Newswires)


• 
  Shandong Hi-Speed New Energy Group (1250 HK) - Units to buy sets of wind power generation units and other equipment for CNY 71.3mln. Two units to buy a total of 15 sets of 6.25MW equipment. (Newswires)


• 
  Ubtech Robotics Corp (9880 HK) - Resolved that the company be proposed to apply for bank credit not exceeding total CNY 1.95bln. (Newswires)


• 
  Xiaomi Corp (1810 HK) - Expects to launch new SUV, the YU7, in June or July next year. (Newswires)


• 
  XTC New Energy (688778 CH) – Co. and Orano create two JVs in France as part of their collaboration project. This step in project being taken in addition to ongoing consultation already in progress, ahead of public inquiry expected in spring of 2025. Continuing to examine and study its project for a plant to recycle materials contained in electric vehicle batteries. Two JVs are for production of EV battery components (CAM and PCAM). (Newswires)

Other News

• Politburo said China's fiscal policy is to be more proactive next year, and monetary policy is to be moderately loose (prev. prudent), marking the first shift in the stance of monetary policy since 2011. (Newswires)


• China and South Korea agree to accelerate phase two of talks on free trade pact, and deepen industrial and supply chain cooperation, according to Chinese Commerce Ministry. (Newswires)

10 Dec 2024 - 01:12- ForexResearch Sheet- Source: Newsquawk