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19:25
【SMIT Holdings (02239.HK): Sells 5 Million Xingji Shares for RMB 63.25M; Estimated Pre-Tax Loss of Approx. USD 1.4M】NewTimeSpace News: On July 20, SMIT Holdings announced that its wholly-owned subsidiary, as seller, agreed to sell its 5 million shares in Xingji (representing 3.9529%) to Shengshi Zhida and Jiutian Shengshi for a total consideration of approximately RMB 63.25 million (RMB 57.05 million under Transfer A and RMB 6.20 million under Transfer B). Upon completion, the Seller will no longer hold any Xingji equity; the Group expects to record an unaudited pre-tax disposal loss of approximately USD 1.4 million, with net proceeds of approximately USD 9.2 million to be applied to investment opportunities in emerging technologies and areas synergistic with existing businesses. The transaction aligns with the Group's strategy to cease EDA product R&D and reduce its EDA investment portfolio, and constitutes a discloseable transaction as the applicable percentage ratios exceed 5% but are below 25%.
Tag： SMIT02239.HK
19:20
【GigaDevice (03986.HK): Xiaomi Zhizao Fund Investment Period Extended by One Year; Annual Management Fee Adjusted to 2%】NewTimeSpace News: On July 20, GigaDevice announced that the Beijing Xiaomi Zhizao Equity Investment Fund, in which it invested RMB 200 million in 2022 (planned total fundraising of RMB 10 billion, currently fully raised), held a partners' meeting on July 20, 2026, resolving to extend the investment period from four years to five years from the first closing date, with the annual management fee during the extended period adjusted to 2% of unexited project costs allocated to the respective partner. The Company stated that this aligns with the fund's actual operational circumstances and will not materially affect its daily operations or financial conditions.
Tag： GIGADEVICE03986.HKxiaomi
19:06
【Z.AI(02513.HK) closed 19.56% lower, the Hang Seng Software & Services Sector saw divergent trends】By the close of trading on Jul 20, 2026, Z.AI(02513.HK) saw a loss of 19.56% in its share price, closing at HKD 890.5. During the session, it reached an intraday high of HKD 1140 and touched an intraday low of HKD 878.
Tag： Z.AI02513.HK
19:06
【MINIMAX-W(00100.HK) closed 10.6% lower, the Hang Seng Software & Services Sector saw divergent trends】By the close of trading on Jul 20, 2026, MINIMAX-W(00100.HK) saw a loss of 10.6% in its share price, closing at HKD 193.1. During the session, it reached an intraday high of HKD 224.8 and touched an intraday low of HKD 191.
Tag： MINIMAX-W00100.HK
17:48
【BAIYUNSHAN PH (00874.HK): Cefalexin Capsules Obtain Proprietary Medicine Registration Certificate from Macao Drug Administration】NewTimeSpace News: BAIYUNSHAN PH (00874.HK) announced that its subsidiary Baiyunshan General Pharmaceutical Factory has received the Proprietary Medicine Registration Certificate for 0.125g Cefalexin Capsules issued by the Macao SAR Pharmaceutical Administration Bureau. The product will be sold in Macao by Guangzhou Pharmaceutical International (Macao) under authorization, facilitating the Group’s overseas market expansion.
Tag： BAIYUNSHAN PH00874.HKdrug registration application
17:32
【CICC (03908.HK): Coupon Rate of Corporate Bond "21 CICC G6" Cut to 1.30%】NewTimeSpace News: CICC announced on 20 July that the coupon rate of its publicly offered 2021 Corporate Bond (for Professional Investors) (Phase 3, Tranche 2) has been reduced from 3.39% to 1.30%.
Tag： CICC03908.HK
17:32
【FIRST CAP GP (01269.HK): Hearing on Winding-up Petition Adjourned to 26 October 2026】NewTimeSpace News: FIRST CAP GP (01269.HK) announced on 20 July that the hearing for the winding-up petition has been adjourned to 9:30 a.m. on 26 October 2026. The Company is seeking legal advice and will release further announcements in due course. Its shares have been suspended from trading since April 2024.
Tag： FIRST CAP GP01269.HKhearing adjourned
17:21
【Daily Report on Hong Kong-Listed LLM Concept Stocks (July 20, 2026)】On July 20, Hong Kong stocks rebounded, while the LLM sector exhibited sharp structural divergence. Shares tied to embodied AI and agent implementation surged, with XUNCE and SenseTime rising, and Chinasoft International skyrocketing 23% following a Token partnership with Moonshot AI; conversely, pure-play LLMs like ZHIPU AI and MiniMax continued their slide. On the corporate front, Moonshot AI sent IPO proposals aiming for a Hong Kong listing within six months as ARR reached USD 300 million; Tencent launched a standalone App for its efficiency agent WorkBuddy; and China Renaissance initiated coverage on Mininglamp, praising its Agentic AI monetization. The sector is accelerating its pivot toward commercialization and ecosystem monetization.
Tag： LLMKnowledge AtlasXUNCEMININGLAMP-W
17:21
【BEIJING ENT (00392.HK): Completes RMB1 Bln Sci-Tech Innovation Corporate Bond Issuance with Coupon Rate of 2.09%】NewTimeSpace News: BEIJING ENT (00392.HK) announced on 20 July that it has completed the issuance of its Phase 1 publicly offered sci-tech innovation corporate bonds targeted at professional investors. Tranche 1 was not issued, while the 10-year Tranche 2 raised RMB1 billion at a final coupon rate of 2.09%. Issuance results have been disclosed on the SSE official website.
Tag： BEIJING ENT00392.HKCorporate Bond
17:17
【CGN POWER (01816.HK): Cangnan & Huizhou Nuclear Units Granted On-grid Tariff of RMB 0.4153/kWh Prior to Power Market Participation】NewTimeSpace News: CGN POWER (01816.HK) announced on 20 July that its Cangnan and Huizhou nuclear power units have secured a fixed on-grid tariff of RMB 0.4153 per kWh (tax inclusive) during the period before they join power market trading; prices will be determined by market rules thereafter. Unit 1 of both projects entered commercial operation in April 2026, while Unit 2 of Huizhou and Cangnan are scheduled to commence commercial service in H2 2026 and 2027 respectively.
Tag： CGN POWER01816.HKon-grid tariff
16:53
【AM GROUP (01849.HK): Receives HKEX Delisting Decision and Has Lodged Review Application】NewTimeSpace News: AM GROUP (01849.HK) announced it received a HKEX letter dated 10 July 2026, under which the Listing Committee resolved to cancel the Company’s listing pursuant to Listing Rule 6.01A(1), as the Company failed to satisfy all resumption guides and resume trading by 23 March 2026. Disagreeing with the ruling, the Company has applied to transfer the matter to the Listing Review Committee for review.
Tag： AM GROUP01849.HKcancellation of listing status
16:42
【FriendTimes (06820.HK): Positive Profit Forecast, Interim Profit Expected to Rise 67% to 82%】NewTimeSpace News: FriendTimes announced on 20 July that the Group expects to record a profit of approximately RMB 68 million to RMB 74 million during the reporting period, representing a year-on-year growth of roughly 67% to 82%.
Tag： FRIENDTIMES06820.HK
16:39
【REFIRE (02570.HK): Chairman Lin Qi Undertakes Voluntary Lock-Up of H Shares Until March 2028】NewTimeSpace News: REFIRE (02570.HK) announced that Lin Qi, Chairman, Executive Director and CEO, has signed a voluntary lock-up undertaking. He will not sell, pledge or otherwise dispose of all 11,834,272 H Shares held directly by him from the date of this announcement up to 31 March 2028, which account for 100% of his direct shareholdings in the Company.
Tag： REFIRE02570.HKvoluntary lock-up undertaking
16:39
【Lee & Man Paper (02314.HK): Positive Profit Warning, Interim Profit Expected to Surge 64%-71%】NewTimeSpace News: Lee & Man Paper announced on 20 July that the Group expects to record a profit of approximately HK$1.33 billion to HK$1.39 billion for the six months ended 30 June 2026.
Tag： LEE & MAN PAPER02314.HK
15:39
【HKIC Publishes 2025 Annual Report: Investment Income Surges 175% YoY to HKD 6.46 Billion, Continuously Injecting New Momentum into Hong Kong's Socio-Economy】HKIC's 2025 Annual Report reveals total assets of HKD 69.7 billion, with investment income and operating profit surging by over 170% to HKD 6.46 billion and HKD 6.32 billion, respectively, alongside a 14% portfolio net IRR. By June 2026, HKIC had backed over 200 projects, with 87% concentrated in hard tech, life/health tech, and green tech. Its global footprint expanded rapidly, with overseas investments jumping to 25%. The capital leverage ratio improved to 1:8, generating substantial local economic impact through robust job creation, increased commercial real estate demand, and extensive university collaborations.
Tag： HKICAnnual Reportpatient capital
15:17
【Chinaamc Hang Seng Hong Kong Biotech Index ETF (03069.HK) Rose 4.03% in Afternoon Trade, Turnover at HKD 60.0481 Million】NewTimeSpace News: As of 15:13 on July 20, Chinaamc Hang Seng Hong Kong Biotech Index ETF (03069.HK) advanced 4.03%, with the latest price at HKD 14.210.
Tag： Chinaamc Hang Seng Hong Kong Biotech Index ETFETF03069.HK
15:15
【TOPSTAR Developer of China’s First Humanoid Robot for Injection Molding Scenarios Refiles HKEX Listing Application】NewTimeSpace News: TOPSTAR refiled its listing application with HKEX on 20 July, with Huatai International acting as sole sponsor. Per Frost & Sullivan data, the Group has developed mainland China’s first intelligent humanoid robot deployed in injection molding scenarios and been designated as the Chain Leader Enterprise of Guangdong’s intelligent robot industrial chain by Guangdong authorities.
Tag： TopstarIPOfile a listing application
15:12
【Samsung Bloomberg Global Semiconductor Etf (03132.HK) Rose 2.26% in Afternoon Trade, AUM at HKD 231 Million】NewTimeSpace News: As of 15:10 on July 20, Samsung Bloomberg Global Semiconductor Etf (03132.HK) advanced 2.26%, with the latest price at HKD 61.460.
Tag： Samsung Bloomberg Global Semiconductor Etf03132.HKETF
15:10
【E Fund (HK) MSCI China A50 Connect ETF (03111.HK) Rose 2.65% in Afternoon Trade, Turnover at HKD 2.9646 Million】NewTimeSpace News: As of 15:07 on July 20, E Fund (HK) MSCI China A50 Connect ETF (03111.HK) advanced 2.65%, with the latest price at HKD 3.258.
Tag： 03111.HKE Fund (HK) MSCI China A50 Connect ETFETF
15:03
【Hang Seng High Dividend 30 Index Etf(03466.HK) Rises 1.42% Intraday with AUM of HK$13.423 Billion】NewTimeSpace News: As of 14:57 on 20 July 2026, Hang Seng High Dividend 30 Index Etf(03466.HK) rose 1.42% to HK$20.000.
Tag： Hang Seng High Dividend 30 Index ETF03466.HKETF
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