Finance

NewTimeSpace News: RUICHANG INTERNATIONAL announced on August 14 that it expects to record a net loss of approximately RMB 24.75 million for the six months ending June 30, 2026, narrowing by approximately 35% from a loss of approximately RMB 38.06 million in the same period last year.

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NewTimeSpace News: On 14 August 2026, BANK OF GANSU (02139.HK) announced the resignation of Chairman Liu Qing effective 10 August 2026, the election of Shi Hailong as his successor subject to regulatory approval, and the authorisation of Hao Jumei to act as President for no more than six months.

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NewTimeSpace News: On 14 August 2026, SILVER GRANT (00171.HK) announced the appointment of Mr. Zeng Wenying as an independent non-executive director and member of the audit and remuneration committees, for a three-year term with an annual fee of HKD 300,000.

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NewTimeSpace News: On 14 August 2026, NUMANS (02530.HK) issued a supplementary announcement to its positive profit alert, disclosing H1 nutrition business revenue of approximately RMB 72.7 million (versus approximately RMB 93.2 million a year earlier) and profit of approximately RMB 5.2 million excluding investment gains and losses (versus approximately RMB 2.1 million).

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NewTimeSpace News: On 14 August 2026, ALLEGRO CULTURE (00550.HK) issued a positive profit alert, expecting H1 net profit of HKD 3.0-5.0 million, versus a net loss of approximately HKD 10.8 million a year earlier, driven by revenue and gross profit growth in its advertising business across Hong Kong and the Greater Bay Area.

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NewTimeSpace News: On 14 August 2026, PUTIAN COMM (01720.HK) issued a positive profit alert, expecting H1 profit attributable to owners of RMB 40-45 million, up 410%-480% from RMB 7.8 million a year earlier, driven by surging demand for optical fibre and cable amid the rapid global build-out of AI computing infrastructure.

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NewTimeSpace News: On 14 August 2026, BCQ (01963.HK) announced the full issuance of its 2026 special financial bonds for SME loans (Tranche I), amounting to RMB 3.0 billion with a three-year tenor and a 1.59% coupon, with all proceeds to be used for lending to small and micro enterprises.

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NewTimeSpace News: On 14 August 2026, JIANGXI BANK (01916.HK) announced the successful issuance of RMB 4.0 billion perpetual capital bonds with a 2.05% coupon for the first five years, with the proceeds to be used to replenish other tier-1 capital.

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NewTimeSpace News: On 14 August 2026, HONY MEDIA (00419.HK) issued a profit warning, expecting an H1 loss of less than HKD 10.0 million, narrowing from approximately HKD 43.0 million a year earlier, driven by the turnaround of its Yizhinou business, gains from the disposal of the smart healthcare platform business and convertible bond modification.

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NewTimeSpace News: On 14 August 2026, MCC (01618.HK) disclosed newly signed contracts of RMB 447.46 billion for the first seven months of 2026, including RMB 39.13 billion in overseas contracts, with major July contracts covering steel, chip, energy storage and wind power projects.

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NewTimeSpace News: On 14 August 2026, CITYCHAMP (00256.HK) issued a positive profit alert, expecting H1 profit attributable to owners of at least HKD 40.0 million, versus a loss of approximately HKD 42.045 million a year earlier, driven by lower operating expenses, higher banking and financial profits and a one-off gain from the 50% disposal of Rotary.

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This week, the Hang Seng Index fell 2.15% cumulatively, the Hang Seng TECH Index fell 3.10%, and southbound capital posted a net inflow of about HKD 90 million for the full week. The AI server concept erupted, with LENOVO GROUP surging 20% after results; the large model sector spiked then fell, with MINIMAX plunging nearly 13% on Friday; the semiconductor sector diverged sharply, with SMIC up 4.81% after results and HUA HONG GRACE plunging 11.55%. The Hang Seng TECH Index is proposed for its largest-ever revision (expanding to 50 constituents and adding an AI theme), MiniMax was added to the HKEX Tech 100, Z.AI was added to MSCI China, and HESAI-W (Old) was removed from Stock Connect.

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NewTimeSpace News: On 14 August 2026, MIKO INTL (01247.HK) issued a positive profit alert, expecting H1 net profit of approximately RMB 25.2 million, versus a net loss of approximately RMB 4.5 million a year earlier, driven by a gain of approximately RMB 40.9 million from the disposal of a property-holding subsidiary.

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NewTimeSpace News: On 14 August 2026, XINYI SOLAR (00968.HK) announced that executive director, CFO and Company Secretary Zhu Canhui will retire on 31 August 2026 for personal reasons, and Lin Zhiguang will take over as CFO and Company Secretary from 1 September 2026.

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NewTimeSpace News: On 14 August 2026, CALB (03931.HK) issued a positive profit alert, expecting H1 net profit of approximately RMB 1,506-1,581 million, up 100%-110% from approximately RMB 753 million a year earlier, driven by new customers, new scenarios and product ramp-up across passenger, commercial and energy storage markets.

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NewTimeSpace News: On 14 August 2026, C TRANSMISSION (00658.HK) announced that it has engaged BDO China as an independent third party to conduct a further internal control review covering 1 January 2025 to 30 September 2026, with the report expected around December 2026.

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