Finance

NewTimeSpace News,BLUE RIVER HLDG announced on February 2 that it has signed a cooperation framework agreement with Wuhan Energy Storage & Operation Investment Co., Ltd. Both parties will explore cooperation in areas including the construction and operation of LNG storage facilities, undertaking the "Marine Gas Inflow to Rivers" project, and coal trading.

NewTimeSpace · 2026-02-02

NewTimeSpace News: HighTide Therapeutics, Inc. (02511.HK) announced on a voluntary basis the appointment of Dr. Filip Surmont, a seasoned professional with over 30 years of experience in the pharmaceutical industry, as its Chief Medical Officer (CMO). Dr. Surmont will be fully responsible for medical strategy, clinical development and related medical affairs, aiming to reinforce the Company’s R&D layout in the field of cardio‑kidney‑metabolic (CKM) diseases.

NewTimeSpace · 2026-02-02

NewTimeSpace News,SHOUCHENG announced on February 2 that its wholly-owned subsidiary has recently participated in the investment of China Huarong CNNC Clean Energy Closed-end Infrastructure Securities Investment Fund. This move helps promote the revaluation and inventory activation of clean energy infrastructure assets, supports the high-quality development of the industry, and improves the green financial system.

NewTimeSpace · 2026-02-02

Auntea Jenny (02589.HK) listed on the Hong Kong stock market in May 2025. Although it received over 3,600 times oversubscription during its IPO phase, its stock price has continued to decline since listing. As of January 30, 2026, the closing price was HK$86.50, down 22.98% from its offer price, with its total market cap shrinking to HK$9.105 billion. The company officially surpassed the 10,000-store milestone by the end of 2025, becoming the third new-style tea brand in China to do so. Financial performance showed resilience, with 1H 2025 net profit increasing 20.9% year-on-year and full-year profit expected to reach up to RMB 525 million, a 50%-60% increase. However, the hidden concerns behind this expansion cannot be ignored, as the average daily GMV per store faces downward pressure.

NewTimeSpace · 2026-02-02

NewTimeSpace News,JUSTIN ALLEN H announced on January 30 that the group subscribed to multiple principal-guaranteed financial products issued by HSBC Bank and Standard Chartered Bank using internal resources between September 3, 2025, and January 14, 2026. The total outstanding amount is approximately HK$242 million.

NewTimeSpace · 2026-01-30

NewTimeSpace News,SITC announced on January 30 that its wholly-owned subsidiary, SITC Shipowning, has exercised shipbuilding options. Pursuant to the 7th and 8th shipbuilding contracts, the company plans to construct two container ships with a maximum total consideration of US$76.36 million (equivalent to approximately HK$599 million), and the ships are expected to be delivered in early 2029.

NewTimeSpace · 2026-01-30

NewTimeSpace News , CAI Holdings announced on January 30 that Mr. Chen Changyi will resign from his position as Executive Director of the company, effective February 1. The reason for his resignation is to focus on developing other ventures.

NewTimeSpace · 2026-01-30

Despite being the first domestic company to list via De-SPAC on the HKEX, **ZG Group (06676.HK)** has struggled to gain investor confidence. As of January 29, 2026, its market value has shrunk by over 80%, with a market cap falling below HK$2 billion. The company remains caught in a cycle of "growing revenue but expanding losses," as its 1H 2025 net loss widened by 573.1% to RMB 499 million.

NewTimeSpace · 2026-01-30

NewTimeSpace News: Zhejiang Rongtai Electric Material Co., Ltd. (603119.SH) officially submitted a listing application to the Stock Exchange of Hong Kong Limited on January 29, 2026, with CITIC Securities serving as the sole sponsor. According to a Frost & Sullivan report, the company ranked first in the global mica product market for the new energy sector with a 22.6% market share in terms of 2024 operating revenue.

NewTimeSpace · 2026-01-29

NewTimeSpace News: Tian Ge Interactive Holdings Limited (01980.HK) announced that its public float has dropped to approximately 20.85% due to a takeover offer, failing to meet the minimum requirement under the Listing Rules. The company has applied to the Stock Exchange of Hong Kong (SEHK) for a five-month waiver and plans to restore the public float as soon as possible through measures such as placing new shares.

NewTimeSpace · 2026-01-29

NewTimeSpace News,CONSUN PHARMA announced an upsized share repurchase plan via a 公告 on January 29. Based on the repurchase mandate previously granted by shareholders, the company will add a maximum of HK$100 million to the existing repurchase fund of no more than HK$200 million, with a total proposed fund deployment of up to HK$300 million for timely share repurchases on the open market.

NewTimeSpace · 2026-01-29

NewTimeSpace News,HORIZON CD issued a profit warning on January 29, projecting that its total revenue in 2025 will decrease by nearly 20% compared with 2024, and the profit attributable to shareholders will drop by 70%-90%. The decline is mainly affected by factors such as the industry environment, business contraction, and slowed asset disposal scale.

NewTimeSpace · 2026-01-29

NewTimeSpace News , BIOCYTOGEN-B released its 2025 annual performance forecast on January 29, disclosing an annual revenue of RMB 1.369 billion to RMB 1.389 billion, representing a year-on-year increase of 39.61% to 41.65%; the net profit attributable to shareholders of the parent company is expected to be RMB 162 million to RMB 182 million, surging 384.26% to 443.88% year-on-year.

NewTimeSpace · 2026-01-29

While VISEN Pharmaceuticals officially entered the commercial stage with the NMPA approval of lonapegsomatropin on January 26, 2026, the market remains skeptical. The stock closed at HK$35.20 on January 28, representing a **48.84% drop** from its IPO price, as the company grapples with deep losses and a high-pressure competitive landscape.

NewTimeSpace · 2026-01-29

January 28, 2026, EAST BUY(01797.HK) released its Interim Report for the period ended May 31, 2026, Total Revenue stood at CNY 2.31 billion, increased by 5.72% YoY

NewTimeSpace · 2026-01-28

NewTimeSpace News: MMG Limited (01208.HK) announced on January 28 that the Company has entered into a one-year shipping framework agreement with Minmetals Shipping, a wholly-owned subsidiary of China Minmetals Corporation, the Company's ultimate controlling shareholder. Pursuant to the agreement, Minmetals Shipping will provide maritime transportation services for the shipment of the Group's products from Peru and Australia. The transaction constitutes a continuing connected transaction, with the annual transaction cap set at USD 39 million for the 2026 fiscal year.

NewTimeSpace · 2026-01-28
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