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
NewTimeSpace (newtimespace.com) News, July 01, 2026, UNITY GP HLDGS(01539.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 118.69 million, decreased by 24.58% YoY
NewTimeSpace (newtimespace.com) News, July 02, 2026, NIU HOLDINGS(08619.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 77.95 million, decreased by 25.25% YoY
NewTimeSpace (newtimespace.com) News, July 01, 2026, CA CULTURAL(01566.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 360.44 million, decreased by 1.78% YoY
NewTimeSpace (newtimespace.com) News, July 02, 2026, RICHLY FIELD(00313.HK) released its Annual Report for the period ended March 31, 2026, Total Revenue stood at HKD 41.88 million, decreased by 66% YoY
NewTimeSpace News: Insilico Medicine disclosed in a voluntary announcement dated July 2 that the Group has entered into a strategic cooperation with Takeda Pharmaceutical. Leveraging Insilico Medicine’s proprietary end-to-end Pharma.AI platform, both parties will jointly advance candidate drug research and development in therapeutic areas selected by Takeda.
