Finance

NewTimeSpace News: Sun Hing Holdings issued a profit warning on June 18, expecting a pre-tax loss of no more than HK$13 million for the year ended 31 March 2026, representing a widening from the previous year’s loss of approximately HK$7 million.

NewTimeSpace · 2026-06-18

NewTimeSpace News: Chongqing Rural Commercial Bank Co.,Ltd. (03618.HK) issued an announcement on 18 June. Due to insufficient number of independent non-executive directors arising from the passing away of one INED, the Bank obtained HKEX’s approval to extend the grace period for compliance with Listing Rule 3.11 to 31 December 2026. Two INED candidates have been nominated and approved by shareholders, and the Bank will satisfy relevant listing rule requirements upon regulatory approval.

NewTimeSpace · 2026-06-18

NewTimeSpace News: China Wantian Holdings Limited (01854.HK) announced on 18 June that its subsidiary entered into a strategic cooperation framework agreement with Digital Huaxia (Shenzhen) Robotics Co., Ltd. to cooperate in the humanoid robot sector, focusing on scenarios including government service halls, banks, commercial complexes, hospitals and chain stores. Digital Huaxia Robotics is a humanoid robot developer whose flagship product is bionic face robots. Specific cooperation terms will be finalized through formal agreements after further negotiation.

NewTimeSpace · 2026-06-18

NewTimeSpace News: Weigang Environmental Technology Holding Group Limited (01845.HK) announced on 18 June that it has terminated the joint venture agreement signed in March 2025 and will dissolve the joint venture entity amid shifts in business environment and corporate strategy. No capital contributions have been injected and the JV has never commenced operations. Dissolution procedures are expected to be completed within Q3 2026. The Group stated the termination will not materially adversely affect its financial performance and operations.

NewTimeSpace · 2026-06-18

NewTimeSpace News: New China Life Insurance Company Ltd. (01336.HK) announced on 18 June that it has obtained approval from the State Administration of Financial Regulation to issue perpetual capital bonds with an aggregate principal amount not exceeding RMB10 billion. The People’s Bank of China has previously granted the corresponding administrative license. The Company will actively push forward the issuance work.

NewTimeSpace · 2026-06-18

NewTimeSpace News: Xinhua News Media Holdings Limited (00309.HK) issued an inside information announcement on 18 June, disclosing that a winding-up petition was filed against the Company in the High Court of Hong Kong by Ngans Lawyers LLP over outstanding legal service fees of around HK$589,000, with the hearing set for 9 September 2026. The Company stated it will strongly oppose the petition and seek its withdrawal as soon as possible, and expects no material adverse impact on group operations in the short term. It also warned that share transfers may be restricted.

NewTimeSpace · 2026-06-18

NewTimeSpace News: Cofoe Medical Technology Co., Ltd. (01187.HK) announced on 18 June that its controlling shareholder Changsha Xiezihou Medical Investment Co., Ltd. pledged 8 million A-shares of the Company, representing 3.39% of the total issued share capital, as collateral for commercial loans. The Company stated the pledge risk is controllable with no risk of margin call or compulsory transfer of shares. The pledgee is an independent third-party bank.

NewTimeSpace · 2026-06-18

NewTimeSpace News: Hony Media Group (00419.HK) issued an announcement on 18 June. Mr. Zhao Linghuan resigned as Non-executive Director and Chairman of the Board. Mr. Cheng Wu stepped down as Chief Executive Officer while continuing to serve as Executive Director. Mr. Yuan Haibo was transferred from President to Chief Executive Officer and will temporarily coordinate board management and operations. Mr. Yuan holds share interests in the Company. The position of Chairman will remain vacant pending suitable candidate recruitment.

NewTimeSpace · 2026-06-18

NewTimeSpace News: Beijing Xunzhong Communication Technology Co., Ltd. (02597.HK) announced on 18 June that Hord Finance Limited has been appointed as its new compliance adviser with effect from 20 June 2026. The appointment term expires on the earlier of the date the Company complies with Listing Rule 13.46 in respect of its financial results for the fiscal year ending 31 December 2026 or the date of mutual termination by both parties. Hord Finance holds licenses for multiple regulated activities under the Securities and Futures Ordinance.

NewTimeSpace · 2026-06-18

NewTimeSpace News: On June 18, 2026, XPENG-W(09868.HK) weakened in afternoon trading. As of 15:31, its intraday quotation stood at HK$51.3, representing a decline of 3.84%. The 13th OTA upgrade for MONA M03 has been fully deployed to all vehicles.

NewTimeSpace · 2026-06-18

NewTimeSpace (newtimespace.com) News: On June 18, 2026, the chip sector continued to strengthen as SMIC (00981.HK) fluctuated upward. As of 1:43 PM, the company's share price was quoted at HK$78.250, up 3.30%.

NewTimeSpace · 2026-06-18

NewTimeSpace (newtimespace.com) News: On June 18, 2026, despite the strengthening of the humanoid robot sector, UBTECH (9880.HK) fluctuated and weakened. As of 1:30 PM, the company's share price was quoted at HK$107.500, down 0.65%.

NewTimeSpace · 2026-06-18

NewTimeSpace News: MemeStrategy, Inc. (02440.HK) announced on 18 June that its subsidiary intends to launch a trading card financing business in the fourth quarter, making it the first listed company across Asia to roll out this service. The offering allows trading card holders to secure working capital against high-value trading cards. The Group stated the launch will broaden its business portfolio.

NewTimeSpace · 2026-06-18

NewTimeSpace (newtimespace.com) News, June 17, 2026, CH INV FIN GP(01226.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 4.17 million, decreased by 36.2% YoY

NewTimeSpace · 2026-06-18

NewTimeSpace News: June 17, 2026, TERN PROPERTIES(00277.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 48.45 million, decreased by 3.87% YoY

NewTimeSpace · 2026-06-18

NewTimeSpace (newtimespace.com) News, June 17, 2026, HKR INT'L(00480.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 2.95 billion, increased by 68.1% YoY

NewTimeSpace · 2026-06-18
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