Finance

NewTimeSpace News: Honghua Group Limited disclosed in an announcement dated July 7 that the Group expects to record a loss attributable to shareholders of approximately RMB 20 million to RMB 40 million for the six months ended 30 June 2026.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Everest Medicines Limited (01952.HK) announced the completion of closing under the exclusive licensing and collaboration agreement entered into with Travere Therapeutics, Inc. The licensor will receive an upfront payment of USD112.5 million, and is eligible to receive aggregate development, regulatory and commercial milestone payments of up to USD1.03 billion across a maximum of five indications, as well as tiered royalties based on future annual net sales.

NewTimeSpace · 2026-07-07

NewTimeSpace News: The Stock Exchange of Hong Kong Limited announced that the listing status of Greater China Financial Holdings Limited will be cancelled with effect from 9:00 a.m. on 9 July 2026.

NewTimeSpace · 2026-07-07

NewTimeSpace News: STERLING GP disclosed in an announcement dated July 7 that the Company entered into the second repayment agreement with Santai and Mr. Cai. Santai made an early repayment of approximately HK$10.88 million to the Group on July 7, and Mr. Cai offset the outstanding principal of financial assistance with his receivable guarantee fee of approximately HK$10.88 million from SAL.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Sinopec Oilfield Service Corporation (01033.HK) announced that Sinopec Oil Engineering and Construction Corporation, its wholly-owned subsidiary, has won the bid for Section I of the general construction contracting project of Heihe-Daqing and Daqing-Changling Natural Gas Pipelines, with a bid amount of RMB1.772 billion, accounting for approximately 2.2% of the Company’s operating revenue in 2025.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Deepexi Technology Co., Ltd. (01384.HK) announced that it entered into an investment promotion cooperation agreement with the Management Committee of Yueyang Lingang High Tech Industrial Development Zone on 6 July 2026. The two parties intend to establish strategic cooperation centred on the “Yuesheng Industrial AI Platform Project”, with an estimated overall project scale of approximately RMB500 million, among which Deepexi’s Yueyang Regional Operation & Service Centre is projected to attract investment of around RMB200 million.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Beijing Urban Construction Design&Development Group Co., Limited (01599.HK) announced that the aggregate value of key projects successfully tendered by the Company for the three months ended 30 June 2026 stood at approximately unaudited RMB959 million. Among this total, survey, design and consulting business secured contracts worth around RMB414 million, while the EPC segment captured approximately RMB545 million of awarded projects.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Bama Tea Co., Ltd. (06980.HK) announced that the conversion of 31,933,125 domestic shares held by 11 participating shareholders into H-shares was completed on 7 July 2026. The converted H-shares will commence trading on the Stock Exchange of Hong Kong Limited at 9:30 a.m. on 8 July 2026. Upon completion, the proportion of H-shares rises from 62.34% to 99.91%.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Tiangong International Company Limited (00826.HK) announced that its indirect subsidiary Jiangsu Tiangong Cemented Carbide Technology Co., Limited has kicked off a capacity expansion project for ultra-fine grain rods exclusively used for PCB cutting tools with an annual production capacity of 300 tonnes, to advance the digital, intelligent and eco-friendly upgrading of the industrial chain for high-end precision PCB cutting tools.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Elate Holdings Limited (00076.HK) announced that Cityhill Limited, its wholly-owned subsidiary, has signed a five-year cooperation agreement with Han Carvestone International Limited to jointly establish an AI-enabled trading platform covering graphite products and daily logistics businesses.

NewTimeSpace · 2026-07-07

NewTimeSpace (newtimespace.com) reported that on July 7, 2026, the chip theme traded actively, with HUA HONG GRACE (01347.HK) surging then pulling back. As of 13:30, the stock was quoted at HKD 181.600, up 2.02%.

NewTimeSpace · 2026-07-07

NewTimeSpace (newtimespace.com) reported that on July 7, 2026, the humanoid robot theme weakened, with Midea Group (00300.HK) fluctuating slightly lower. As of 13:11, the stock was quoted at HKD 87.650, down 0.79%.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Knowledge Atlas Technology Joint Stock Company Limited (02513.HK) issued a clarification announcement regarding media reports alleging the Company had withdrawn its tutoring filing for the proposed A-share IPO. The Company states such reports are untrue and inconsistent with facts. The proposal for A-share issuance was approved by shareholders at the 2025 annual general meeting held on 22 June 2026, and the relevant tutoring work has been fully completed.

NewTimeSpace · 2026-07-07

NewTimeSpace News: Zhaoke Ophthalmology Limited (06622.HK) announced that YUVEZZI™ (carbachol and brimonidine tartrate ophthalmic solution), its innovative drug for presbyopia, was approved by Hainan Provincial Medical Products Administration on 26 June 2026 for use as an urgently needed clinically imported drug at Boao Super Hospital. It marks the first innovative therapy approved in China for the treatment of presbyopia.

NewTimeSpace · 2026-07-07

NewTimeSpace (newtimespace.com) News, MOST KWAI CHUNG (01716.HK) plans to issue up to 54 million shares by placement, with estimated net proceeds of HKD 228.8 million.

NewTimeSpace · 2026-07-07

NewTimespace.com reports, Microware Group proposes to place up to 30 million shares at HK$3.35 each, representing a 3.2% discount to the closing price, to raise net proceeds of approximately HK$99.2 million. About 40% will be used to expand existing principal businesses and deepen AI R&D, 40% to improve liquidity, and 20% for general working capital. Upon completion, the controlling shareholder's stake will decrease from approximately 56.20% to 51.09%.

NewTimeSpace · 2026-07-07
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