Finance

NewTimeSpace News: September 01, 2026, SINO HOTELS(01221.HK) released its Annual Report for the period ended June 30, 2026, Total Revenue stood at HKD 127.48 million, increased by 3.53% YoY.

NewTimeSpace · 2026-09-01

On 1 September 2026, SHEIN-W (00625.HK) was listed on HKEX, closing at HKD 48.50 per share, down 0.12%, with a market capitalisation of approximately HKD 205 billion and an intraday maximum drop of nearly 10%; as the largest cross-border e-commerce IPO in Hong Kong in 2026, it set a final offer price of HKD 48.56 and raised gross proceeds of approximately HKD 13.596 billion (net proceeds of approximately HKD 13.214 billion), with inventory turnover of just 36 days in 2025 under its small-batch, quick-response model.

NewTimeSpace · 2026-09-01

On 1 September 2026, MECH-MIND (09615.HK) was listed on the Main Board of HKEX with a base offering size of USD 300 million, up to USD 345 million upon exercise of the over-allotment option, and cornerstone investment of USD 186 million; as the first "eye-brain-hand" embodied intelligence stock on the Hong Kong market, it closed at HKD 99.8 on its debut, down 1.87% from the offer price.

NewTimeSpace · 2026-09-01

On September 1, Hong Kong's three major indices all moved lower, with the Hang Seng Index down 0.93% to 25,329.73 points and the Hang Seng TECH Index down 1.49%, on turnover of HK$238.735 billion. Mainland bank stocks were active against the trend, with the H-shares of ICBC, Bank of China, CCB and BOCOM all hitting record highs; AI application stocks strengthened, with MININGLAMP-W up 21.25% and KUAISHOU-W up 3.16%, after Kling AI received RMB 1.4 billion from the National AI Industry Investment Fund. SHEIN and Mech-Mind Robotics broke below their issue prices on debut. Southbound capital recorded net buying of HK$7.757 billion. Baidu officially completed its dual primary listing today and could be included in Stock Connect as early as September 7; ZJ INNOLIGHT plans to buy back RMB 4-8 billion of A-shares.

NewTimeSpace · 2026-09-01

On 1 September 2026, GDC (08271.HK) announced that its indirect wholly-owned subsidiary received a civil judgment from the Guangzhou Intermediate People's Court on 31 August 2026, under which all claims of approximately RMB 129.8 million brought by the plaintiff Pearl River Film Studio were dismissed, and both parties may appeal within 15 days of service of the judgment.

NewTimeSpace · 2026-09-01

On 1 September 2026, CHINANEWENERGY (01156.HK) announced the appointment of Xu Wei as Acting CEO for a three-year term with a monthly salary of HKD 25,000; he will focus on developing AI computing and energy storage equipment businesses to diversify revenue.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, SSY GROUP (02005.HK) announced that the trustee of its restricted share award scheme purchased 1,000,000 shares on the open market at an average consideration of approximately HKD 2.7306 per share, totalling approximately HKD 2,730,600 and representing approximately 0.034% of the issued shares; the trustee's share balance stood at 14,180,000 shares, approximately 0.480%, immediately after the purchase.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, SH ELECTRIC (02727.HK) announced that it has won the first-instance judgment in Litigation 1 regarding the recovery of the remaining debt from its RMB 1 billion loan to China Energy Engineering Group, with the court ordering China Energy to repay loan interest, default interest, compound interest and lawyer's fees totalling over RMB 204 million, plus priority repayment from pledged equity; the judgment has not yet taken effect, and the judgment in Litigation 2 is still pending.

NewTimeSpace · 2026-09-01

NewTimeSpace News: In August 2026, BYD COMPANY (01211.HK) recorded total NEV sales of 440,293 units, with a cumulative 1-8 month total of 2,668,015 units, down 6.84% year on year; pure electric sales reached 256,230 units and plug-in hybrid sales 177,154 units in August, and NEV exports totalled 189,466 units, with the figures subject to final confirmation.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, BANK OF E ASIA (00023.HK) announced that Law Chuen Tak has retired as Company Secretary and authorised representative due to retirement, with Lam Pui Sze appointed as his successor, effective 1 September 2026.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, SUNDY SERVICE (09608.HK) announced a subscription of USD 4.5 million to the sub-fund Hillstone Vision Fund I under Hillstone OFC, funded from internal resources.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, PASHUN INT'L (00574.HK) announced that a winding-up petition has been filed against the Company over its failure to repay a loan with principal of HKD 8 million (annual interest rate of 12%), and no winding-up order has yet been granted by the High Court; the Company is engaging legal advisers, and trading in its shares has been suspended since 2 July 2026 and will remain suspended.

NewTimeSpace · 2026-09-01

NewTimeSpace reported that on September 1, 2026, the Hang Seng Index falling 0.93%, the Hang Seng TECH Index falling 1.49%, and the Hang Seng China Enterprises Index falling 0.59%. Total market turnover was HKD 238.7 billion, Southbound funds recorded net inflows of HKD 7.757 billion.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, BAMBOOSHEALTH (02293.HK) announced that Ms. Sun Yudi has resigned as company secretary and authorised representative, with Mr. Li Kuangmin appointed to succeed her, both effective 1 September 2026; Mr. Li meets the qualification requirements under Rule 3.28 of the Listing Rules and has over 14 years of experience in the legal field.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, ARRAIL GROUP (06639.HK) issued a quarterly update under its resumption guidance: the independent investigator has substantially completed employee interviews and prepared a draft report, with the final report expected to be submitted to the committee in early September 2026, and auditor Guowei expects the 2025 interim and 2025/26 annual results around the end of September 2026; patient visits in Q2 (Apr–Jun) totalled approximately 507,612, up 4.4% year on year; trading has been suspended since 1 December 2025 and will remain suspended.

NewTimeSpace · 2026-09-01

NewTimeSpace News: On 1 September 2026, SHANGHAI IND H (00363.HK) announced a property management services framework agreement between its subsidiary and connected party Shanghai SIIC, with a four-month service fee cap of RMB 15.0 million.

NewTimeSpace · 2026-09-01
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