PRE-MARKET CHINESE STOCK NEWS: Chinese Caixin Manufacturing PMI is scheduled today
Bank of Nanjing (601009 CH) - Co. H1 net rose 8.5% Y/Y. (Newswires)
Budweiser Brewing Co APAC (1876 HK) - Co. H1 (USD) normalised EBITDA fell 1% to 1.1bln, normalised profit attributable USD 552mln (prev. 579mln Y/Y), rev. fell 4.3% Y/Y to USD 3.4bln, Co. doesn't declare a dividend. (Newswires)
CRRC (601766 CH) - Co. signed contracts worth about a combined CNY 46bln between June and July. (Newswires)
Gemdale Properties and Investment (535 HK) - Co. forms JV for acquisition, investment and operations of Gemdale business park projects. (Newswires)
Link Real Estate (823 HK) - Co. Chairman Nicholas Charles Allen will retire and Duncan Gareth Owen will be the next Chairman. (Newswires)
Xinyi Solar (868 HK) - Co. H1 (HKD) net rose 27% Y/Y to 2.7bln, rev. fell 6.4% Y/Y to 11.8bln. (Newswires)
XPeng (XPEV) - Co. expanded the use of its self-driving system to all cities in mainland China in a bid to attract more local users ahead of the China debut of Tesla’s (TSLA) Full Self-Driving. (SMCP)
YTO International Express (6123 JT) - Co. sees H1 net loss and increase in revenue. (Newswires)
Other News
Chinese Premier Li said China needs to strengthen its economic goals. (Newswires)
US weighs new restrictions on China's access to AI memory chips in which new chip limits from the US could come as soon as next month. (Newswires)
Data Recap
- Hong Kong GDP QQ (Q2) 0.4% vs Exp. 0.3% (Prev. 2.3%)
- Hong Kong GDP YY (Q2) 3.3% vs Exp. 2.7% (Prev. 2.7%)
01 Aug 2024 - 02:12- EquitiesData- Source: Newswires
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