NewTimeSpace News: On 18 August 2026, USAS BUILDING (02671.HK) issued a profit warning, expecting H1 net profit of approximately RMB 9.9 million, down approximately 84.2% from approximately RMB 62.6 million a year earlier, weighed by lower subcontracting revenue and delayed commencement of new orders, with gross profit falling approximately RMB 83.7 million.
NewTimeSpace News: On 18 August 2026, PRECIOUS DRAGON (01861.HK) issued a profit warning, expecting an H1 net loss attributable to shareholders of no more than HKD 16.0 million, versus a net profit of approximately HKD 52.7 million a year earlier, weighed by the non-recurrence of a yacht disposal gain, lower e-commerce gross profit and a Thailand plant impairment of approximately HKD 31.6 million.
NewTimeSpace News: On 18 August 2026, CHINA WANTIAN (01854.HK) issued a profit warning, expecting an H1 net loss of HKD 27-30 million, narrowing 36%-42% from approximately HKD 46.9 million a year earlier, driven by lower catering employee costs and depreciation.
NewTimeSpace News: On 18 August 2026, CGII HLDGS (01940.HK) announced the appointment of Mr. Chen Tianyi as a non-executive director for a three-year term with an annual fee of HKD 600,000; Mr. Chen has a technology and investment background.
NewTimeSpace News: On 18 August 2026, SINOMAB BIO-B (03681.HK) announced the resignation of executive director and COO Liang Fang, effective 18 August 2026, to devote more time to personal affairs, with no disagreement with the Board.
NewTimeSpace News: On 18 August 2026, GBA HOLDINGS (00261.HK) issued a positive profit alert, expecting H1 gross profit of approximately HKD 2.4 million (versus a gross loss of approximately HKD 27.9 million a year earlier) and a loss attributable to owners narrowing to approximately HKD 20.1 million (versus approximately HKD 43.2 million), driven by lower impairment losses on properties held for sale and under development.
NewTimeSpace News: On 18 August 2026, CHINAVTM MINING (00893.HK) issued profit guidance, expecting an H1 net loss of no more than RMB 10.0 million (versus a net profit of approximately RMB 1.0 million a year earlier), driven by suspended mining operations, lower steel trading volumes and reduced guarantee fee income.
NewTimeSpace News: On 18 August 2026, MIN XIN HOLD (00222.HK) issued a profit warning, expecting H1 profit attributable to shareholders of HKD 32.5-37.5 million, down 42%-50% year on year, weighed by lower associate results and a one-off dilution loss on its associate stake.
NewTimeSpace News: On 18 August 2026, XUNFEIHEALTH (02506.HK) announced that its Wind ESG rating has been upgraded from A to AA, ranking in the top 3% of the industry with a composite score above the industry average.
NewTimeSpace News: On 18 August 2026, TIANLI HOLDINGS (00117.HK) issued a profit alert, expecting an H1 loss attributable to shareholders of no more than RMB 5.8 million, narrowing from RMB 33.8 million a year earlier, driven by a turnaround in the MLCC segment and improved asset management performance.
NewTimeSpace News: On 18 August 2026, CHINA WATER (00855.HK) announced the resignation of Shao Ziming as independent non-executive director and committee member, and the appointment of Wu Zhijun as his successor with an annual fee of HKD 300,000.
NewTimeSpace News: On 18 August 2026, OCI INTL (00329.HK) announced the resignation of independent non-executive director Lu Yongren and his committee roles, the appointment of Zhu Junming as executive director with an annual salary of HKD 660,000, and the appointment of Li Xindan as remuneration committee chairman.
NewTimeSpace News: On 18 August 2026, ALPHAMAB-B (09966.HK) announced that the NDA for Anbenitamab (KN026) plus HB1801 as first-line treatment for HER2-positive advanced breast cancer has been accepted by the NMPA under priority review; the pivotal Phase III study demonstrated significantly superior progression-free survival versus the standard of care.
NewTimeSpace News: On 18 August 2026, CSPC PHARMA (01093.HK) announced that the NDA for KN026 plus HB1801 as first-line treatment for HER2-positive advanced breast cancer has been accepted by the NMPA under priority review; the pivotal Phase III study showed significantly superior progression-free survival versus the standard of care.
On August 18, the three major Hong Kong indices closed mixed. The Hang Seng Index edged up 0.07% to 25,471.15 points and the Hang Seng TECH Index fell 0.90%, with turnover at HKD 255.5 billion. On the market, pork, CRO and robot concepts rose, while tech stocks led the declines, with HUA HONG GRACE down 7.9% and Z.AI down 13.3%. STARPLUS LEGEND surged 34.9% and GENSCRIPT BIO rose 8.4%. Southbound capital recorded a substantial net buy of HKD 14.0 billion on the day, hitting a recent high. GEELY AUTO's interim revenue hit a record high with core net profit up 46%; H WORLD-S rose over 11% after results, raised its full-year guidance and approved a USD 2.5 billion return plan.
NewTimeSpace News: On 18 August 2026, INSILICO (03696.HK) voluntarily announced that it proposes to establish a joint venture with Pudong Construction (600284.SH) and to contribute RMB 302.5 million, together with a Value Partners Group subsidiary, to establish a private equity investment fund focusing on biopharmaceuticals with a target size of RMB 1.01 billion; no definitive agreements have been signed as of the announcement date and the potential transactions may not proceed.
