Finance

August 13, 2026, SMIC(00981.HK) released its Q1 Report for the period ended March 31, 2027, Total Revenue stood at USD 3.01 billion, increased by 19.96% YoY

2026-08-14

On 13 August, Hong Kong's three major indices were mixed, with the Hang Seng Index down 0.17% at 25,396.51 points, the Hang Seng TECH Index up 0.33%, and turnover of HKD 263.7 billion. The AI server concept surged, with LENOVO GROUP up 20.18% after results, with AI server orders in hand reaching USD 54 billion. The large-model duo Z.AI and MINIMAX-W rose 9.02% and 5.43% respectively, and Z.AI was included in the MSCI China Index (effective 31 August). TENCENT fell 4.46% after results, as surging second-quarter capital expenditure turned free cash flow negative. Southbound capital recorded net buying of HKD 3.667 billion. Gold stocks corrected collectively.

2026-08-13

NewTimeSpace News: Kin Pang Holdings announced on August 13 that it expects to record an unaudited consolidated loss attributable to owners of the company of no less than MOP 25 million for the six months ending June 30, 2026, compared with a profit of approximately MOP 0.4 million in the same period last year, representing a turnaround from profit to loss.

2026-08-13

NewTimeSpace News: Sunshine Oilsands announced on August 13 that CEO Doug Brown has resigned as chief executive officer, effective August 12, 2026 (Calgary time), due to his decision to devote more time to personal matters.

2026-08-13

NewTimeSpace News: Tycoon Group announced on August 13 that non-executive director Wu Junhao has resigned effective August 14, 2026, to focus on other business commitments.

2026-08-13

NewTimeSpace News: Zero Fintech Group Limited announced on August 13 that it expects a pretax profit of no less than HK$65 million for the six months ending June 30, 2026, compared with approximately HK$25 million in the same period last year, representing a significant year-on-year increase.

2026-08-13

NewTimeSpace News: Dynasty Digital Holdings announced on 13 August that for the six-month period ending 30 June 2026, net profit is expected to be no more than RMB5 million, compared with a net loss of approximately RMB240 million in the corresponding period last year, achieving a turnaround from loss to profit.

2026-08-13

NewTimeSpace News: On 13 August 2026, ZERO2IPO (01945.HK) announced that its subsidiaries subscribed to wealth management products of RMB 3.0 million and USD 5.0 million (non-principal-guaranteed floating income products with expected annual returns of 25.83% and 13.72%).

2026-08-13

NewTimeSpace News: On 13 August 2026, YUNNAN WATER (06839.HK) announced that Zhou Beihai and Mo Wenyi have stepped down from the Compliance and Risk Control Committee effective 11 August 2026, with the committee now comprising Zhong Wei (chairman), Zheng Guangfeng and Liao Chuanjiang.

2026-08-13

NewTimeSpace News: On 13 August 2026, DATANG RENEW (01798.HK) announced that its RMB 2.0 billion super-short-term commercial paper (coupon 1.38%) will be repaid on 21 August 2026, with principal and interest of approximately RMB 2.009 billion.

2026-08-13

NewTimeSpace News: On 13 August 2026, ASIAINFO TECH (01675.HK) announced the grant of 1,000,000 share options to employees, representing approximately 0.11% of total issued shares, at an exercise price of HKD 4.522 per share, vesting 40%/30%/30% over three years subject to performance targets.

2026-08-13

NewTimeSpace News: On 13 August 2026, SR MEDICAL (00108.HK) announced the resignation of CFO Mr. Li Chenji with no disagreement with the Board, and the appointment of Mr. Zhan Zhibin as his successor, effective 13 August 2026.

2026-08-13

NewTimeSpace News: On 13 August 2026, RUIHE DATA (03680.HK) issued a positive profit alert, expecting H1 revenue of RMB 95-100 million, down 17%-21% year on year, and profit attributable to owners of RMB 55-60 million, up 27%-39%, driven by higher associate profit and lower costs and expenses.

2026-08-13

NewTimeSpace News: On 13 August 2026, STAR SHINE HLDG (01440.HK) issued a positive profit alert, expecting H1 net profit of at least RMB 24.0 million, versus a net loss of approximately RMB 22.5 million a year earlier.

2026-08-13

NewTimeSpace News: On 13 August 2026, CHINA CINDA (01359.HK) announced that the appointment of Mr. Liu Xiaopeng as Vice President has been approved by the National Financial Regulatory Administration, effective from 10 August 2026.

2026-08-13

NewTimeSpace News: On 13 August 2026, BUTONG GROUP (06090.HK) issued a positive profit alert, expecting H1 profit attributable to equity shareholders to rise at least 90% year on year, versus approximately RMB 48.5 million in the prior-year period, driven by higher gross profit and other income and lower listing and finance expenses.

2026-08-13
Previous1..158159 160161162..356     356 pages total