Daily Hong Kong Stock Market News Summary (October 30, Wednesday)
Individual Stock News
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Li Auto (02015.HK): The total revenue for the third quarter of 2024 was RMB 42.9 billion (USD 6.1 billion), an increase of 23.6% compared to RMB 34.7 billion in the third quarter of 2023, and an increase of 35.3% compared to RMB 31.7 billion in the second quarter of 2024. Currently, there are no plans to enter the Western European and North American markets.
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SANY INT'L (00631.HK): The comprehensive net profit for the first three quarters was approximately RMB 1.343 billion, a year-on-year decrease of about 22.3%.
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RADIANCE HLDGS (09993.HK): The operating revenue for the first 9 months was RMB 21.414 billion, a year-on-year decrease of 15.76%; the net loss was RMB 3.294 billion.
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CSPC Pharmaceutical Group (01093.HK): The net profit for the first 9 months was RMB 4.495 billion, a year-on-year decrease of about 16%.
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BEIJING AIRPORT (00694.HK): The operating revenue for the first 9 months was approximately RMB 4.109 billion, a year-on-year increase of 27.34%; the net loss was approximately RMB 460 million, a year-on-year narrowing of 65.57%.
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Hutchison China MediTech (00013.HK): As of September 2024, Takeda achieved net sales of FRUZAQLA of USD 203 million in the 9 months. A milestone payment was triggered, and the company will receive USD 20 million.
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Jinju Group: A subsidiary obtained 100% equity in a real estate project, with a total transaction price of RMB 2.7 billion.
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HUISHANG BANK (03698.HK): The operating revenue for the first 9 months was RMB 29.655 billion, a year-on-year increase of 2.66%; the net profit was RMB 13.3 billion, a year-on-year increase of 6.4%