Finance

NewTimeSpace News: On 24 August 2026, TST PROPERTIES (00247.HK) and SINO LAND (00083.HK) jointly announced that the tender submitted by JVC1 with a land premium of HKD 1.03 billion for four sites in the Hung Shui Kiu/Ha Tsuen New Development Area has been accepted, with six joint venture partners (China Overseas, China Merchants Land, China Resources Land (Overseas), CTS Travel Investment, JD.com and Sino Land) holding 17%, 17%, 17%, 15%, 17% and 17% interests respectively, and total capital commitments of approximately HKD 16.8 billion; the establishment of the JVCs constitutes a discloseable transaction for TST Properties.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, BANK OF CHINA (03988.HK) announced the completion of the issuance of RMB 20 billion write-down perpetual capital bonds, with a coupon rate of 1.86% per annum for the first five years, adjusted every five years and subject to the issuer's redemption right from the fifth year onwards; the proceeds will replenish the Bank's additional Tier 1 capital, under the shareholders' approved capital instruments programme of up to RMB 450 billion.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, CF PHARMTECH (02652.HK) announced that its self-developed long-acting inhaled dry powder drug candidate ICF001 has obtained implied approval from the NMPA to conduct clinical trials for IPF and PPF, expanding its indications to four following the earlier approvals for PAH and PH-ILD; the Company plans to conduct Phase I clinical trials in China and explore global multi-center development and cooperation opportunities.

NewTimeSpace · 2026-08-24

NewTimeSpace News: August 24, 2026, TAI SANG LAND(00089.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at HKD 229.3 million, decreased by 2.41% YoY.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, LEAPMOTOR (09863.HK) announced its 2026 interim results, with total revenue of RMB 38.107 billion, up 57.14% year-on-year; profit attributable to shareholders of RMB 208 million, up 530.97% year-on-year.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, CSSC SHIPPING (03877.HK) announced that Mr. Li Hongtao has resigned as Chief Executive Officer due to his intention to devote more time to other business commitments, remaining as Chairman of the board, an executive director and chairman of several board committees; Mr. Liu Hui, an executive director, was appointed as Chief Executive Officer on the same day without additional remuneration.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, HONY MEDIA (00419.HK) announced that its indirect subsidiary Ainuobo (Chengdu) Technology Co., Ltd. has signed a three-year Property Robot Platform Co-construction Cooperation Agreement with Greentown Property Service to jointly build a property service robot operation management platform based on the Group's AIROBO operating system; the two parties have completed the Xixi International demonstration project and are promoting the unified access and coordinated operation of Greentown's nationwide property robots.

NewTimeSpace · 2026-08-24

NewTimeSpace News: August 24, 2026, TRAVELSKY TECH(00696.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 4.11 billion, increased by 5.59% YoY.

NewTimeSpace · 2026-08-24

NewTimeSpace News: August 24, 2026, XUNLONG SCITECH(06715.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 361.93 million, increased by 20.01% YoY.

NewTimeSpace · 2026-08-24

NewTimeSpace News: August 24, 2026, DOBOT(02432.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 316.32 million, increased by 106.63% YoY.

NewTimeSpace · 2026-08-24

NewTimeSpace News: August 24, 2026, LDROBOT(01236.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 522.54 million, increased by 35.22% YoY.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, TONGGUAN GOLD (00340.HK) announced its inclusion as a constituent stock of the Hang Seng Composite Index following the quarterly index review of Hang Seng Indexes Company Limited, implemented after the market close on 4 September 2026 and effective from 7 September 2026; the board believes the inclusion will attract broader market attention, broaden the Company's investor base and enhance the trading liquidity of its shares.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, SHIMAO SERVICES (00873.HK) announced that the Shanghai Stock Exchange has issued a disciplinary decision determining that the relevant event constituted a breach of the applicable information disclosure laws and regulations, publicly censuring Shanghai Shimao and Mr. Xu and finding Mr. Xu unsuitable to serve as a director, supervisor or senior management personnel of a securities issuer for six years; the board (other than Mr. Xu) considers that the decision will not have any material adverse impact on the business and operations of the Group.

NewTimeSpace · 2026-08-24

On August 24, the three major Hong Kong indices came under pressure and declined throughout the day. The Hang Seng Index fell 1.89% to 25,517.33 points, losing the 26,000 level, and the Hang Seng TECH Index plunged 3.61%, with turnover at HKD 291.151 billion. ALIBABA-W placed HKD 80 billion in new shares, all to be invested in AI infrastructure, with its shares falling 8.54% and dragging the HSI down 167 points. AI hardware stocks including optical communications and memory plunged, with ZJ INNOLIGHT down 11.32%. HSI quarterly review beneficiaries surged against the tide, with DIAGENS-B up 37.45%. Coal stocks rose against the tide. Southbound capital recorded a net buy of HKD 11.567 billion on the day. SINOPEC CORP rose 5.9% after results, with first-half net profit up 19.3% year-on-year.

NewTimeSpace · 2026-08-24

NewTimeSpace News: On 24 August 2026, FINSOFT FIN (08018.HK) announced that Mr. Hung Ka Hei resigned as independent non-executive director and member of the audit, nomination and remuneration committees due to his other business commitments, and Mr. Mei Wei Yi was appointed to the same positions on the same day, with a term ending on 31 December 2026 and a monthly director's fee of HKD 10,000.

NewTimeSpace · 2026-08-24

NewTimeSpace News: August 24, 2026, YUEXIU SERVICES(06626.HK) released its Interim Report for the period ended December 31, 2026, Total Revenue stood at CNY 1.91 billion, decreased by 2.41% YoY.

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