Daily Hong Kong Stock Market News Express (Thursday, August 29)

Individual Stock News

Meituan (03690.HK) reported a net profit of RMB 16.72 billion in the first half of the year, with second-quarter revenue of RMB 82.25 billion. Meituan (03690.HK) will occasionally repurchase up to USD 1 billion of Class B common shares on the open market.
Li Auto (LI.O) achieved second-quarter revenue of RMB 31.7 billion, slightly exceeding the market estimate of RMB 31.42 billion.
BYD COMPANY (01211.HK) recorded a mid-year net profit of RMB 13.63 billion in 2024, compared to RMB 10.954 billion in the same period last year.
SF Real Estate (09699.HK): The company's attributable net profit for the first half of the year was RMB 621.74 million, a year-on-year increase of 105.1%.
Bank of Communications (03328.HK) reported a second-quarter net profit of RMB 20.3 billion, with a first-half net profit of RMB 45.29 billion.
People's Insurance Group of China (01339.HK) achieved a first-half net profit of RMB 23.4 billion, with a total investment return rate of 4.1% in the first half of the year.
BYD ELECTRONIC (00285.HK) recorded a mid-year revenue of RMB 78.6 billion in 2024, with a net profit of RMB 1.52 billion.
Meitu (01357.HK) reported a first-half revenue of RMB 1.62 billion, with a first-half net profit of RMB 303.4 million.
Yuexiu Property (00123.HK) announced its mid-year performance, with operating income of approximately RMB 35.34 billion, a year-on-year increase of 10.1%.
China Resources Land (01109.HK) saw an 8.4% increase in first-half revenue to RMB 79.13 billion, with a core net profit of RMB 10.74 billion.
CNOOC (00883.HK): The company achieved oil and gas sales revenue of RMB 185.11 billion in the first half of the year, a 22.0% year-on-year increase.
Mengniu Dairy (02319.HK) reported a group revenue of RMB 44.67 billion in the first half of the year, a 12.6% year-on-year decrease.
Aluminum Corporation of China (02600.HK) recorded a mid-year attributable net profit of RMB 7.016 billion, a 105.33% year-on-year growth