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Gronghui (Hong Kong stocks) | COSCO Marine Holdings expects its net profit to decrease by about 77.35% in the first three quarters.

[focus Today]

Cosco Marine Holdings (01919.HK) expects net profit to decrease by about 77.35% in the first three quarters.

Cosco Marine Holdings (01919.HK) announced that the company expects (1) to record a profit before interest and tax (EBIT) of about 33.2 billion yuan in the nine months ended September 30, 2023, a decrease of about 76.88% compared with the restated data of about 143.609 billion yuan in the same period in 2022. (2) the net profit will be about 25.99 billion yuan in the reporting period, which is about 77.48% less than the restated data of about 115.413 billion yuan in the same period in 2022; (3) the net profit attributable to shareholders of the listed company will be about 22.059 billion yuan in the reporting period, which is about 77.35% less than that of about 97.377 billion yuan in the same period in 2022. And (4) the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is about RMB 21.973 billion during the reporting period, which is about 77.32% less than the figure of about RMB 96.878 billion after restatement in the same period in 2022.

Since 2023, the container shipping industry has been faced with many challenges, such as weakening transport demand and rising supply of transport capacity, and the level of market freight has dropped significantly compared with last year. In the first three quarters of 2023, the average composite index (CCFI) of container freight rates for Chinese exports fell by 69.54 per cent compared with the same period last year. In the case of a high performance base in the same period of last year, the revenue of the company's container shipping business decreased during the reporting period, resulting in a decrease in performance in the current period compared with the same period last year.

During the reporting period, in the face of market changes, the company persisted in taking the customer as the center, adhering to the concept of green and low-carbon sustainable development, around the positioning of the global digital supply chain operation and investment platform with container shipping as the core, by improving the layout of the global resources network, strengthening scientific and technological innovation and numerical intelligence empowerment, and deepening lean management and cost control. Strive to provide global customers with supply chain solutions for container shipping + ports + related logistics services, and build an efficient, smooth and safe circulation system for world trade.

The stock price of 06660.HK Vaccine fluctuates abnormally, and the operation, finance and sales of existing products are normal.

The board of directors of Emmy Vaccine (06660.HK) noted unusual fluctuations in the price and trading volume of its H shares listed on the Stock Exchange of Hong Kong Limited on October 9, 2023. After careful inquiry, the Board confirmed that it was not aware of any information required to be published in order to avoid false markets in the company's securities or any inside information required to be disclosed under part XIVA of the Securities and Futures Ordinance, Chapter 571 of the laws of Hong Kong.

At the same time, the board of directors confirmed that as of the date of this public announcement: the operation, finance and sales of existing products of the Group are normal, and the research and development of the vaccine in the research pipeline is progressing normally as planned; and none of the directors of the company holding H-shares have directly or indirectly, voluntarily or involuntarily disposed of their respective H-shares.

In addition, the Board of Directors is hereby reminded that all H shares issued prior to the listing of the company are subject to a lock-up period of one year from the listing date, in accordance with the applicable laws of Chinese mainland. The lock-up period expired on October 6, 2023. Therefore, 9 October 2023 is the first day on which these H shares are circulated and traded on the Stock Exchange of Hong Kong Limited.

[financial results]

OOCL International (00316.HK): OOCL's total revenue for the third quarter was $1.76 billion, down 65.1% from a year earlier.

Medium-term revenue of Liantai Holdings (00311.HK) is about $340 million, down about 26.5% from a year earlier.

Yaocai Securities Finance (01428.HK): consolidated after-tax net profit of HK $303 million in the first six months rose 31% year on year

Corey Industrial Holdings (01455.HK) earnings Police: expected medium-term profit to be significantly reduced

02102.HK profit warning: annual net profit is expected to fall by about 80% Mel 85% year on year.

[operating data]

The contract sales of country Garden (02007.HK) belonging to shareholders' equity in September is about 6.17 billion yuan.

Jindi Merchants (00535.HK): cumulative contract sales of 27.486 billion yuan from January to September

Baolong Real Estate (01238.HK): total contract sales of RMB 23.653 billion in the first nine months

Hongyang Real Estate (01996.HK) accumulated contract sales of 18.903 billion yuan from January to September.

Rongxin China (03301.HK): total contract sales of 12.78 billion yuan in the first nine months

Total contract sales of Hesheng Innovation and Exhibition Group (00754.HK) in September is about 6.988 billion yuan.

Agile Group (03383.HK): total pre-sale amount in September is 3.17 billion yuan

The cumulative contract sales of Shangkun Real Estate (06900.HK) in the first 9 months is about 2.52 billion yuan.

The contract sales of Dexin China (02019.HK) in September is about 1.15 billion yuan.

Qin Port Co., Ltd. (03369.HK): total cargo throughput of 296 million tons in the first three quarters increased by 0.92% compared with the same period last year.

Greentown Management Holdings (09979.HK) in the first 9 months, the total contracted construction area of the new construction project reached 26.71 million square meters, an increase of about 20.0% over the same period last year.

KuaiBao, operator of COFCO 01610.HK: 389000 pigs in September

[investment and operation]

It is estimated that the total contract value of the procurement project for the integrated sanitation and sanitation service of the North-controlled Urban Resources (03718.HK) is 150 million yuan.

06161.HK has successfully launched its insurance service solution business and has received positive responses from customers.

[medical innovation]

Green Leaf Pharmaceutical (02186.HK): application for listing of palmitate palmitate sustained release suspension injection (LY 03010) has been submitted to FDA

Stone four drugs Group (02005.HK): nicorandil is approved by the State Drug Administration to be registered as an API for use in listed preparations.

01011.HK plans to cooperate with Global New normal Fund on related product projects in the field of orthopaedics.

[acquisition and sale]

Emperor Industrial Holdings (01950.HK) plans to acquire property in Hangzhou, Zhejiang Province for 30 million yuan.

00720.HK intends to subscribe for new shares in subsidiary Dakota RE II for HK $29.253 million

Huahe Holdings (09938.HK) plans to buy properties in the New Territories for HK $8.28 million

Bank of Chongqing (01963.HK): Chongqing SASAC transferred 80% of the shares of Light Textile Group to Yufu Holdings for free.

[rights issue]

Lianyang Intelligent Holdings (01561.HK) plans to issue a total of 170 million shares to raise about HK $27.9 million at a discount of about 12.2%.

[repurchase cancellation]

Tencent Holdings (00700.HK) spent HK $402 million to buy back 1.31 million shares on October 9th.

HSBC Holdings (00005.HK) spent HK $197 million to buy back 3.1904 million shares

Standard Chartered Group (02888.HK) spent 19.6 million pounds to buy back 2.59 million shares on October 6th.

01299.HK spent HK $135 million to buy back 1.999 million shares on October 9th.

China Petroleum and Chemical Co., Ltd. (00386.HK): total repurchase of 19.6 million A shares as of September 30.

Lizhu Pharmaceutical (01513.HK): a total of 11.615 million A shares were repurchased as of September 30.

Xiaomi Group-W (01810.HK) spent HK $23.87 million to buy back 2 million shares on October 9th.

00386.HK spent 6.54 million yuan to buy back 1.11 million A shares on Oct. 9.

ESR (01821.HK) spent HK $6.44 million to buy back 588400 shares on October 9th.

Win Group (00397.HK) spent HK $2.0847 million to buy back 15 million shares on October 9th

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