NewTimeSpace News: Suzhou Ribo Life Science Co., Ltd. (06938.HK) announced positive top-line results from the Phase IIa clinical study of its core asset vortosiran (RBD4059) in patients with chronic coronary artery disease (CAD). Among patients receiving standard aspirin therapy, the mean maximum reduction in FXI activity hit 92% in the high-dose cohort. No treatment-related serious adverse events or major bleeding episodes were observed, supporting a dosing interval of once every 3 to 6 months. This represents the world’s first clinical proof-of-concept for siRNA-mediated FXI inhibition in CAD patients.
In July 2026, HKIC portfolio company StepFun launched STEPX, the world's first LLM-native AI terminal brand, alongside the STEPX Neo agent smartphone, the agentic-native Step AOS, and the Amoo personal agent. This marks the first domestic integration of a "foundation model - system - hardware" full-stack AI ecosystem. By rebuilding the OS architecture from scratch, Step AOS enables the STEPX Neo to achieve the highest L3 certification for AI terminals and secure deep partnerships with top apps like Alipay and Meituan. Backed by HKIC's patient capital, StepFun—having dismantled its red-chip structure for an upcoming Hong Kong IPO—is rapidly closing the loop between technological breakthroughs and commercial application.
NewTimeSpace News: On 22 July 2026, XPENG-W(09868.HK) fluctuated downward in the afternoon trading session. As of 14:52, the stock was quoted at HK$50.45, down 2.79%. XPeng disclosed that cumulative orders for its flying cars have exceeded 7,000, ranking among the top tier worldwide in order volume.
NewTimeSpace (newtimespace.com) reported that on July 22, 2026, the chip theme showed choppy trading, with ASMPT (00522.HK) turning from gains to losses. As of 13:26, the stock was quoted at HKD 170.300, down 0.82%.
NewTimeSpace News: POU SHENG INT'L (03813.HK) announced that the Group has received notification from NIKE that its online platform sales of NIKE products in mainland China will be fully terminated with effect from 1 January 2027. Revenue from such online business represented approximately 15% of the Group’s total revenue for the financial year ended 31 December 2025, though its contribution to profitability was insignificant.
NewTimeSpace (newtimespace.com) reported that on July 22, 2026, the robotics theme fluctuated weaker, with Xiaomi-W(01810.HK) opening lower and declining. As of 13:08, the stock was quoted at HKD 26.600, down 2.99%.
NewTimeSpace News: TOPSPORTS (06110.HK) announced on 22 July that it has received formal notification from NIKE that the Group’s online platform sales of NIKE products within mainland China will be completely terminated effective 1 January 2027. Such business contributed approximately 22% of the Group’s total revenue. The Board anticipates the termination will bring material adverse impacts on the Group’s business in the short term. The Company will continue close cooperation with NIKE over offline sales arrangements.
NewTimeSpace News: SYNAGISTICS (02562.HK) announced the launch of Geene 2.0, an enterprise-grade intelligent ecosystem designed to resolve fragmentation in AI adoption and enable scalable commercial rollout. Co-developed by Synagie, the Group’s digital commerce brand, together with 11 founding partners including BytePlus, China Mobile International and SingData, the platform integrates capabilities across AI, data, media, commerce and blockchain. It is scheduled for official commercial launch on 8 August 2026.
NewTimeSpace News: SINOHYTEC (02402.HK) announced that the Company and its wholly-owned subsidiary Tangshan Qianchen New Energy Development Co., Ltd. have recently received a civil complaint filed by Foshan Feichi Auto Technology Co., Ltd. The claimant demands the first defendant and Tangshan Qianchen to settle vehicle payments of approximately RMB194 million plus corresponding interest, and holds the Company jointly and severally liable for the obligations owed by Tangshan Qianchen.
NewTimeSpace News: HXTL (01085.HK) announced that Zhejiang Zhongguang New Energy Technology Co., Ltd., its indirectly non-wholly-owned subsidiary, has received a Shortlisting Notice issued by Qinghai Provincial Development and Reform Commission and successfully secured the bid for the first batch of standalone concentrating solar power (CSP) projects of 2026. Located in Haixi Mongolian and Tibetan Autonomous Prefecture, Qinghai Province, the project is required to commence construction by end-December 2026 and achieve grid connection upon completion by end-December 2028.
NewTimeSpace News: DOBOT (02432.HK) issued a voluntary clarification announcement responding to recent unsubstantiated remarks by Mr. Song regarding his partnership interests in DOBOT Partnership, the Company’s employee shareholding platform. The Company clarifies that Mr. Song is neither a founding shareholder nor co-founder. His indirect shareholdings originate from the employee equity incentive scheme, and the Company is entitled to repurchase his incentive interests upon his resignation. The Group states this is an internal dispute within the employee shareholding platform and will not undermine the clarity of shareholding structure or controlling stability.
NewTimeSpace News: On July 21, Weichai Power announced that its controlling shareholder Weichai Holding Group plans to increase its holdings of the Company's A shares through centralized competitive bidding on the Shenzhen Stock Exchange within 6 months from the date of disclosure, using a combination of special share purchase loans and own funds, with an increase amount of no less than RMB 200 million and no more than RMB 400 million, without setting a price range. Bank of China Weifang Branch has committed to providing a special share purchase loan of no more than RMB 360 million with a term not exceeding 36 months, with the remaining funds coming from Weichai Group's own funds. Weichai Group currently holds 1,422,550,620 A shares of the Company and commits not to reduce its holdings during the purchase period and within the statutory period. This share purchase will not result in the Company's equity distribution failing to meet listing conditions, will not trigger a tender offer, and will not result in changes to the controlling shareholder or actual controller.
NewTimeSpace News: On July 21, Junshi Biosciences announced that the supplemental application for the revision of the indication of toripalimab (Tuoyi®, JS001) combined with platinum-containing chemotherapy for perioperative treatment followed by monotherapy adjuvant treatment for adult patients with resectable stage II-III NSCLC has been accepted by the NMPA, expanding the indication from stage IIIA-IIIB to stage II-III. The supplemental application is primarily based on the NEOTORCH study (NCT04158440), a Phase III clinical study led by Professor Lu Shun with 501 enrolled patients. The EFS interim analysis reached the primary endpoint in January 2023, and the stage IIIA-IIIB indication was approved in December 2023 (China's first and the world's second lung cancer perioperative therapy). The final analysis was completed in May 2026 with all primary endpoints reaching pre-specified superiority boundaries. The July 2026 JAMA Surgery publication of post-hoc surgical outcome analysis showed that combination therapy significantly reduced the surgery cancellation rate (17.8% vs. 26.7%). As of the announcement date, toripalimab has 13 approved indications in mainland China, 12 included in the National Reimbursement Drug List, and has been approved in nearly 50 countries and regions globally.
NewTimeSpace News: On July 21, China Vanke announced that it entered into a loan agreement with major shareholder Shenzhen Metro Group (holding approximately 27.18%) on July 21, under which Shenzhen Metro Group agreed to provide a loan of up to RMB 519 million at a floating rate of one-year LPR minus 71 basis points (applicable rate of 2.29% as of the announcement date), with a term of no later than 3 years from the first drawdown date and last available drawdown date of July 31, 2026; as of the announcement date, the Company has not yet drawn down any amounts. Loan proceeds will be used to repay principal and interest of bonds issued in the open market and other specified borrowings. The Group must pledge accounts receivable collections of RMB 519 million from controlling subsidiary Hainan Wanjun as security (pledge ratio of 100%). The transaction constitutes a connected transaction; when aggregated with the previous transaction (RMB 1.14 billion loan entered into on June 12, 2026), the applicable percentage ratios exceed 0.1% but are below 5%, subject to reporting and announcement requirements but exempt from circular, independent financial advice and independent shareholders' approval. Connected Directors Huang Liping and Lei Jiangsong abstained from voting.
NewTimeSpace News: On July 21, Suxin Joyful Life Services announced that its direct wholly-owned subsidiary Jinshi sold the Jinlin Apartment property at No. 365 Helu Road, Suzhou for a final consideration of RMB 231 million through public tender at the Suzhou Transaction Center. The buyer is Youchao Housing Leasing (Suzhou) Co., Ltd. (indirectly wholly-owned by China Resources Land). The property comprises 11 buildings with 1,598 rooms, with industrial land use rights expiring in December 2056. Independent valuer Zhongtongcheng valued it at approximately RMB 231 million (cost method) and Jones Lang LaSalle at approximately RMB 229.5 million (market value). The Company expects to recognize a loss of approximately RMB 2.3 million (mainly due to tax payments of approximately RMB 26.7 million), with proceeds intended for core business market expansion and working capital supplementation. As the applicable percentage ratios exceed 25% but are below 75%, constituting a major transaction, controlling shareholders Suzhou SND Company and Suzhou SND Urban Construction (holding 74.22% combined) have granted written approval, and the circular will be despatched on or before August 11, 2026.
HAITIAN FLAV(03288.HK) will spend CNY 29.99 million to repurchase 824.12 thousand shares on Jul 21, 2026 .