Finance

On 12 October 2026, SHOUGANG LANZA (02553.HK) said it signed a framework agreement with Sinopec units to promote a bioethanol-to-SAF project in Ningxia.

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On 12 October 2026, TH MEDICAL-B (02697.HK) said its organ perfusion system supported six gene-edited pig liver experiments for up to 144 hours, a world record.

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On 12 October 2026, AGILE GROUP (03383.HK) said the High Court in Hong Kong adjourned the hearing of the winding-up petition against it to 7 December 2026.

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On 12 October 2026, BIREN TECH (06082.HK) said it completed the placing of 130m new H shares at HKD 31.08 each, raising gross proceeds of HKD 4,040.4 million.

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on October 12, 2026, the three major Hong Kong indices opened higher and moved in a choppy range, with the Hang Seng Index up 0.25%, the Hang Seng TECH Index down 0.67%, and the Hang Seng China Enterprises Index up 0.25%.

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The 7.0904 million H shares held in aggregate by cornerstone investors of LONGBIO-B (01779.HK) will see their lock-up period expire on December 4, 2026, with the shares becoming fully tradable from December 7, 2026, representing a subscription amount of approximately HKD 681 million at the offer price. The company will also hold an extraordinary general meeting on October 30 to consider amendments to its Articles of Association reflecting the change in share capital following the full exercise of the over-allotment option. The company is a clinical-stage biopharmaceutical company with no products approved for marketing.

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CREALITY (03388.HK) rose 1.95% to HKD 27.200. 36.64 million cornerstone shares unlock on 29 November 2026; Flashforge launched a desktop full-colour 3D printer.

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HUA HONG GRACE (01347.HK) fell 4.92% to HKD 89.900. GLOBALFOUNDRIES unveiled an FD-SOI platform for physical AI; TrendForce sees mature-node prices up in 2027.

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EXCELLAND ROBOT (03231.HK) fell 0.34% to HKD 34.960. China issued a document on new quality productive forces; Shanghai targets 8,000 humanoid robots by 2028.

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On 12 October 2026, VIRTUAL MIND (01520.HK) said chairman and executive Director Mei Weiyi bought 816,000 shares on the market on 9 October, taking his holding to 23,566,000 shares, or about 2.15% of the issued share capital, and he will buy more when appropriate.

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On 12 October 2026, PANGAEA CONNECT (01473.HK) issued a positive profit alert, expecting interim profit attributable to owners of not less than HK$80 million, up over 400% year on year, with revenue up more than 80% on 200Gb/s PD product deliveries.

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On 9 October 2026, KINWONG (03228.HK) announced that it expects revenue for the three months ended 30 September 2026 to range from approximately RMB 6.12 billion to RMB 6.98 billion, compared with revenue of RMB 3.987 billion in the same period last year.

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On 11 October 2026, ST HLDGS (08305.HK) said it signed a procurement pact on 28 September with Letian Investment Holding (Guangdong) Group, which intends to buy the Group's goat milk products for five years at an annual minimum of about RMB 100 million.

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On 9 October 2026, CORNERSTONE TEC (08391.HK) said vice chairman and executive Director Li Minqiang has taken a leave of absence with immediate effect for personal reasons, and will not perform any executive duties during the period.

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On 12 October 2026, TRANSCENTA-B (06628.HK) said an "Anti-CLDN18.2 Antibodies and Diagnostic Uses Thereof" patent filed by its unit Suzhou Transcenta was granted by CNIPA, publication number CN115836090B, dated 25 September 2026.

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On 12 October 2026, WASION HOLDINGS (03393.HK) said AMI meters of its unit Wasion Americas Inc. passed ANSI certification in the U.S., a key breakthrough in its North American power market expansion.

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