NewTimeSpace News: Tianqi Lithium (9696.HK) announced on July 24 that its wholly-owned subsidiary Shehong Tianqi intends to invest RMB 150 million of self-owned funds to subscribe for 79,218,106 new shares of Sunwoda Power, representing 0.55% of the post-transaction total share capital, while Sungrow concurrently intends to subscribe for 345,919,064 shares. This Transaction aligns with the company's vertical integration development strategy and will deepen cooperation with the downstream power battery industry chain. However, the Capital Increase Agreement has not yet been formally signed, the Transaction's completion is subject to conditions precedent, and there are risks that Sunwoda Power's subsequent performance may fall short of expectations.
On July 24, 2026, Hong Kong stocks closed lower led by Big Tech, while AI chipmakers and LLM developers bucked the trend, with MONTAGETECH surging 6.7% and Z.AI up 5.64%. Beijing unveiled policies supporting the Token Economy and inference chips, as Dongguan launched a RMB 100-billion computing power plan. Meanwhile, Agibot initiated its HK IPO, and Tesla's sharp drop weighed on autonomous driving sentiment.
NewTimeSpace News: Lens Technology (6613.HK) announced on July 24 that its wholly-owned subsidiary Lens International recently signed a cooperation MOU with Intel Corporation, with TGV advanced packaging as the key discussion direction. The Parties will discuss and evaluate potential cooperation on key processes including glass substrate via formation, high-precision laser processing, metallized via deposition, and multi-layer interconnect routing, and will also explore cooperation opportunities in AI PC structural components, data center server components, and embodied intelligent robots. Most provisions of the MOU are not legally binding, and whether subsequent formal agreements can be signed involves significant uncertainty. As of the announcement date, the TGV advanced packaging business has not had a material impact on operating performance.
NewTimeSpace News: CSPC Pharmaceutical (1093.HK) announced on July 24 that its self-developed second-generation antipsychotic long-acting injectable Paliperidone Palmitate Injection (specifications: 75mg, 100mg, 150mg) has been approved for marketing by the NMPA, indicated for the acute and maintenance phases of schizophrenia. The product requires monthly dosing only without oral supplementation, has been listed in authoritative treatment guidelines including the Chinese Guidelines for the Prevention and Treatment of Schizophrenia (2025 Edition), and its approval will further enrich the Group's psychiatric and neurological product portfolio.
NewTimeSpace News: China In-Tech (00464.HK) announced on July 24 that it entered into a non-legally binding MOU with CreatorX inc after trading hours on July 24, 2026, for a potential investment in the target company. The Target Company, incorporated in the United States, aims to leverage AI and Web3.0 technologies to build a creator economy platform. The specific terms of the potential investment are subject to further due diligence and negotiations, and no legally binding agreement has been entered into as of the announcement date.
By the close of trading on Jul 24, 2026, MOMENTA-W(06880.HK) saw a loss of 8.07% in its share price, closing at HKD 253. During the session, it reached an intraday high of HKD 275.2 and touched an intraday low of HKD 252.
CCTC(06951.HK) will spend CNY 101.23 million to repurchase 1.01 million shares on Jul 24, 2026 .
COSCO SHIP HOLD(01919.HK) will spend CNY 23.01 million to repurchase 1.5 million shares on Jul 24, 2026 .
NewTimeSpace News: China Beststudy Education Group(03978.HK) announced on 24 July that it expects H1 revenue of RMB1.0–1.1 billion (rising 9%–20% year-on-year) and net profit of RMB160–180 million (growing 5.6%–18.8% year-on-year). Growth is driven by improved teaching quality and rising brand influence in the Greater Bay Area. Figures are unaudited.
NewTimeSpace (newtimespace.com) News, By the close of trading on Jul 24, 2026, MOG DIGITECH(01942.HK) saw a gain of 15.85% in its share price, closing at HK cents 9.5. During the session, it reached an intraday high of HKD 0.129 and touched an intraday low of HK cents 8.2.
NewTimeSpace (newtimespace.com) News, By the close of trading on Jul 24, 2026, JIANGXI BIO(06915.HK) saw a gain of 24.49% in its share price, closing at HKD 12.81. During the session, it reached an intraday high of HKD 14.6 and touched an intraday low of HKD 9.62.
NewTimeSpace News: CWT International Limited (00521.HK) announced on 24 July that it has set up a Group Artificial Intelligence and Information Technology Office operated via Prism AI. Prism AI entered into a memorandum of understanding with Globelink to develop AI pricing solutions, with initial testing completed. The Company expects improved operational efficiency and competitiveness.
NewTimeSpace (newtimespace.com) News,By the close of trading on Jul 24, 2026, MINIEYE(02431.HK) saw a loss of 14.75% in its share price, closing at HKD 5.2. During the session, it reached an intraday high of HKD 6.1 and touched an intraday low of HKD 5.15.
NewTimeSpace News:NANJING SINOLIFE UNITED COMPANY LIMITED(03332.HK) announced on 24 July that it proposes to utilise capital reserves of RMB258.7 million and statutory surplus reserves of RMB47.3 million, aggregating RMB306 million, to offset accumulated losses of the parent entity. The accumulated losses will be eliminated upon completion. The proposal remains subject to shareholders’ approval at the extraordinary general meeting. The Company stated the move will strengthen its capacity to deliver returns to investors.
NewTimeSpace News: Fosun Pharma announced on July 24 that its controlling subsidiary Fosun Wanbang received approval from the National Medical Products Administration (NMPA). The DM1001 preparation is authorized for clinical trials targeting signs and symptoms of idiopathic Parkinson's disease in adults, with Phase I clinical trials planned to be carried out in China once conditions permit.
NewTimeSpace News: Gilston Group Limited (02011.HK) announced on 24 July that the Supreme People’s Court rendered a final judgment ruling against the defendant in a patent infringement lawsuit and upheld the original verdict. The defendant is required to pay compensation of RMB600,000. The Company stated that the judgment will not impact its financial position.
