NewTimeSpace News: China Vanke Co.,Ltd. (02202.HK) announced that upon nomination by the Chairman and review and approval by the Board of Directors, Mr. Huang Yu has been appointed as the President of the Company, with the term of office commencing on the date of the Board’s approval and expiring upon the end of the term of the 20th Board of Directors.
NewTimeSpace News: The United Laboratories International Holdings Ltd (03933.HK) announced that tadalafil tablets (specifications: 5mg, 10mg, 20mg) filed by Zhongshan Branch of Zhuhai United Laboratories, its wholly-owned subsidiary, have obtained marketing approval from the National Medical Products Administration, indicated for the treatment of erectile dysfunction and erectile dysfunction accompanied by benign prostatic hyperplasia.
NewTimeSpace News: Huajin International Holdings Limited (02738.HK) issued an announcement disclosing that after comprehensive verification, the Group has a total of 52 judicial equity freezing records covering 8 mainland China subsidiaries. All freezings stem from asset preservation applications filed by external third-party creditors over overdue outstanding debts. The Company emphasises that all freezing orders only apply to equity interests of mainland subsidiaries and will not impact the Company’s listed shares or daily business operations.
NewTimeSpace News: HUTCHMED (China) Limited (00013.HK) issued a voluntary announcement stating that ORPATHYS® (savolitinib), its proprietary oral MET inhibitor, has obtained conditional marketing approval from the National Medical Products Administration (NMPA) of China for adult patients with locally advanced or metastatic gastric or gastroesophageal junction (GC/GEJ) adenocarcinoma harbouring MET gene amplification, who have failed at least two lines of prior systemic therapy. This marks the third approved indication of savolitinib in China.
NewTimeSpace News: CSPC Pharmaceutical Group Limited (01093.HK) issued a voluntary announcement disclosing that the Group has entered into a collaboration, option and licence agreement with AstraZeneca. The parties will jointly develop preclinical candidate compounds (PCCs) targeting two therapeutic targets with potential for treating kidney diseases, leveraging the Group’s proprietary siRNA drug discovery platform and extrahepatic targeted delivery platform. CSPC will receive an upfront payment of USD30 million, plus potential development milestone payments of up to USD540 million, sales milestone payments of up to USD1.2 billion, and single-digit royalties on net annual sales of commercialised products.
NewTimeSpace News: On July 2, China Power announced that Yuanda Engineering and Yuanda Water Affairs, subsidiaries of the company forming a consortium, entered into an EPC general contracting contract for the desulfurization system construction of Liutang Project with Shandong Institute, a connected person. The total consideration of the transaction is RMB 219.9 million (approximately HK$253 million).
NewTimeSpace News: On July 2, FriendTimes announced that Jiang Xiaohuang, the Company’s controlling shareholder and Chairman of the Board, acquired 1.23 million shares of the Company through his shareholding vehicle on June 30, representing 0.06% of the total issued share capital.
On July 2, Hong Kong stock indices diverged. Triggered by overnight plunges in US chip stocks and anxieties over Meta's surplus AI capacity sales, the semiconductor and LLM supply chains suffered heavy losses, with KNOWLEDGE ATLAS and MiniMax dropping over 14% and SMIC tumbling 10%. In macro and corporate milestones, the 2026 Global Digital Economy Conference opened in Beijing; AWS invested USD 1 billion in a dedicated AI division deploying thousands of onsite engineers for enterprise deployment; and Baidu appointed MOSS architect Sun Tianxiang as head of its Basic Model Unit to fortify its foundational AI infrastructure.
NewTimeSpace News: On July 2, Fudan-Zhangjiang announced plans to deploy RMB 330 million of idle operating capital to subscribe for principal-protected floating-rate structured deposits issued by Ping An Bank.
NewTimeSpace (newtimespace.com) News, July 01, 2026, CONTEL(01912.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at USD 51.33 million, decreased by 33.31% YoY
NewTimeSpace News: On July 2, 2026, BIDU-SW(09888.HK) ticked slightly higher in afternoon trading. As of 15:00, its intraday price stood at HK$109.9, representing a gain of 0.27%. With the national standard for autonomous driving published, the compliant commercial rollout of high-level autonomous driving under the new rules requires full-chain capabilities covering "self-developed algorithms, massive scenario data, full-process simulation testing, safety system verification and closed-loop standardized filing management", lifting entry thresholds across the sector.
NewTimeSpace (newtimespace.com) reported that on July 2, 2026, the semiconductor theme in Hong Kong stocks continued to decline in the afternoon, with HUA HONG GRACE (01347.HK) falling sharply. As of 13:42, the stock was quoted at HKD 186.500, down 13.34%.
NewTimeSpace (newtimespace.com) reported that on July 2, 2026, the robotics theme strengthened with volatile trading, and Midea Group (00300.HK) rose sharply. As of 13:29, the stock was quoted at HKD 86.750, up 5.02%.
NewTimeSpace News: Zhejiang Leapmotor Technology Co., Ltd. (09863.HK) announced that Mr. Zhu Jiangming, Shareholder, Chairman of the Board and Chief Executive Officer, and Mr. Fu Liquan, Shareholder of the Company, have jointly purchased 4,814,200 H Shares of the Company on the market recently at an average price of approximately HK$35.86 per share. The aggregate amount of their share acquisitions over the past six months totals around HK$900 million.
NewTimeSpace (newtimespace.com) News, On July 2, 2026, Xunce (3317.HK) delivered an outstanding performance. As of 10:00, the company was quoted at HK$140.100, representing an increase of 15.02%.In terms of news coverage, Xunce (3317.HK) recently entered into a strategic cooperation framework agreement with the Beijing International Big Data Exchange. This cooperation marks a further deepening of the company's strategic layout in the data factor market and national-level data exchange platforms, aiming to advance the implementation of data tokenization capabilities within vertical industries.
NewTimeSpace (newtimespace.com) News, July 01, 2026, GREEN ECONOMY(01315.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 2.18 billion, decreased by 11.21% YoY
