Finance

NewTimeSpace News: On 14 August 2026, BAOYE GROUP (02355.HK) issued a profit warning, expecting an H1 loss attributable to owners of RMB 65-75 million (versus a profit of approximately RMB 140.981 million a year earlier) and revenue of RMB 7.0-8.0 billion, down 5%-17%, weighed by a downturn in the construction business, lower gross margin and asset impairments.

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NewTimeSpace News: On 14 August 2026, PHOENIX TV (02008.HK) announced the resignation of non-executive directors Mr. Qiu Baohua (also remuneration committee member) and Mr. Cui Xian (also audit and risk management committee member) due to other work arrangements, effective 14 August 2026; Ms. Guo Yutong has been appointed as non-executive director and audit and risk management committee member in place of Mr. Cui.

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On 14 August, Hong Kong's three major indices closed lower, with the Hang Seng Index down 1.1% at 25,116.85 points and the Hang Seng TECH Index down 1.77%, on turnover of HKD 254.2 billion. Semiconductors diverged markedly: SMIC (00981) rose 4.81% after results, while HUA HONG GRACE (01347) plunged 11.55%. Memory-storage names rose against the trend, with GIGADEVICE (03986) up 2%; some gold stocks turned positive, with CHINAGOLDINTL (02099) up 14.64%. Internet and pharmaceutical stocks mostly fell, with MINIMAX-W down 12.69%. Southbound capital recorded a net sell of HKD 1.316 billion. In the Stock Connect list adjustment, HESAI-W (Old) was removed; Tencent is reported to be acquiring Manus shares.

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NewTimeSpace News: On 14 August 2026, DATANG RENEW (01798.HK) announced that the Group completed power generation of 2,131,205 MWh in July 2026, down 11.29% year on year, comprising 1,594,512 MWh of wind power (-11.63%) and 536,693 MWh of solar power (-10.24%); cumulative generation for January-July 2026 reached 18,724,466 MWh, down 10.85% year on year, comprising 15,621,115 MWh of wind power (-13.33%) and 3,103,351 MWh of solar power (+4.11%).

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NewTimeSpace News: On 14 August 2026, RSUN PPT (01996.HK) announced that, as creditors require additional time to complete their internal accession procedures, the Company has exercised its discretion to extend the early RSA fee deadline from 14 August 2026 to 11 September 2026 and the base RSA fee deadline from 28 August 2026 to 25 September 2026 (both at 5:00 p.m. Hong Kong time); existing debt holders who have not yet acceded may submit accession letters through the deal platform, and all other terms of the RSA remain unchanged.

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NewTimeSpace News: On 14 August 2026, DZUG (01635.HK) issued an overseas regulatory announcement, stating that its debt financing instruments have been registered with NAFMII at RMB 6.3 billion, valid for two years, with eight banks including Bank of Shanghai, Bank of Jiangsu, Bank of Beijing and Bank of China acting as joint lead underwriters; within the validity period, the Company may issue super short-term commercial paper, short-term commercial paper, medium-term notes and perpetual notes in tranches.

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newtimespace reported, on August 14, 2026, The Hang Seng Index fell 1.10%, the Hang Seng TECH Index fell 1.77%, and the Hang Seng China Enterprises Index fell 1.02%. Total market turnover was HK$254.2 billion, Net southbound (Stock Connect) funds outflows were HK$1.316 billion.

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NewTimeSpace News: On 14 August 2026, INVESTECH HLDGS (01087.HK) announced the appointment of Mr. Yu Qingrui as an executive director with effect from 14 August 2026, for a term until 31 December 2027, with an annual salary of HKD 120,000; Mr. Yu, aged 54, specializes in property investment and trading, and currently serves as executive director of FW HOLDINGS (00572.HK) and SMART FISH (00139.HK).

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NewTimeSpace News: On 14 August 2026, MULSANNE GROUP (01817.HK) issued a positive profit alert, expecting H1 net profit of approximately RMB 18.0 million to RMB 25.0 million, up approximately 103% to 182% from the same period of 2025, mainly attributable to optimized marketing strategies including increased promotional discounts, an improved product mix and sales channel structure, and refined marketing spending control; the interim results announcement is expected in August 2026.

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NewTimeSpace News: On 14 August 2026, YUE DA INTL (00629.HK) announced the appointment of Dr. Wang Li as an independent non-executive director, chairman of the remuneration committee, and a member of the audit and nomination committees, effective 14 August 2026, with a three-year term and an annual director's fee of RMB 100,000; following the earlier non-compliance with various Listing Rules provisions due to insufficient independent directors and non-compliant committee compositions, and after the appointments of Dr. Wang and Ms. Deng Luna, the Company has fully re-complied with the relevant Listing Rules.

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newtimespace (newtimespace.com) reported, on August 14, 2026, the chip theme pulled back amid volatility, with HUA HONG GRACE (01347.HK) weakening sharply. As of 13:26, the stock was quoted at HK$128.400, down 12.77%.

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newtimespace (newtimespace.com) reported, on August 14, 2026, the robotics theme lost momentum, with MIDEA GROUP (00300.HK) fluctuating lower. As of 13:19, the stock was quoted at HK$96.150, edging down 0.26%.

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NewTimeSpace News: On 14 August 2026, PONY-W (02026.HK) voluntarily announced the expansion of its partnership with Uber to deploy over 2,000 robotaxis in Europe, extending from the existing commercial service in Zagreb to four additional European cities, with plans also covering the Middle East; the co-built fleet model integrates L4 autonomous driving technology, a mobility platform and fleet operations, and the Company previously launched Europe's first commercial robotaxi service in Zagreb in 2026 in partnership with Verne.

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NewTimeSpace News: On 14 August 2026, CHIHO ENV (00976.HK) issued a clarification announcement, stating that following verification with the German Commercial Register, the shareholders of its subsidiaries Scholz Holding GmbH (SHG) and Scholz Recycling GmbH (SRG) have been changed to Derichebourg Environnement SAS, and the Company has reason to believe that 100% of the share capital of both has been sold; the Company is making further enquiries with the receiver, and trading in its shares remains suspended pending fulfillment of the resumption guidance.

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NewTimeSpace News: August 13, 2026, JD-SW(09618.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 662.1 billion, increased by 0.66% YoY.

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NewTimeSpace News: August 13, 2026, CR ASIA(00831.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at HKD 715.21 million, increased by 3.93% YoY

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