NewTimeSpace News: On July 22, ISDN Holdings announced that its indirect wholly-owned subsidiary PT Leaptron Engineering completed members' voluntary liquidation on July 16, 2026. The company was established in 2013 to support Leaptron's expansion into the Indonesian market, but the Group decided not to proceed after prudent assessment; it has remained inactive since establishment. The liquidation helps remove inactive entities and streamline the Group's corporate structure. The Company expects no material impact on net tangible assets per share and earnings per share for the financial year ending December 31, 2026.
NewTimeSpace News: On July 22, Horizon Robotics announced that it entered into an Amendment Agreement with CARIAD Estonia AS to early redeem the USD 924.9 million convertible loan issued on December 7, 2023 (maturity December 7, 2026, interest rates 2.67%/5.67%, accrued interest approximately USD 81.9 million as of the Base Date). The Company will issue 1,301,763,486 new Class B ordinary shares to CARIAD (bringing CARIAD and affiliates to the 9.9% threshold) to settle USD 662.4 million of outstanding principal and accrued interest, and pay USD 398.9 million in cash (comprising approximately USD 344.4 million Excess Portion and approximately USD 54.5 million Additional Cash Payment to redeem the Conversion Rights), with settlement expected on or before the eighth business day following the agreement date. CARIAD has committed to a 12-month lock-up on the Conversion Shares and its existing 269,711,694 Class B shares from settlement, and the Convertible Loan Agreement will be fully terminated. The Additional Cash Payment was determined after Black-Scholes valuation with an approximate 28.8% discount. The Board believes the Amendment Agreement reduces potential dilution to existing shareholders and stabilizes the share price, with cash payments to be funded by internal resources and/or external financing.
NewTimeSpace News: HI SUN TECH (00818.HK) announced that Ronghui Zhida – Xingyue Phase II Supply Chain Financial Asset-Backed Special Programme (Second Tranche) was formally established on 22 July 2026, with an aggregate issuance size of RMB170 million. The senior asset-backed securities amount to RMB161 million, carrying an AAAsf credit rating with a coupon rate of 2.2%, and scheduled to mature on 30 June 2027.
NewTimeSpace News: ORBUSNEICH (06929.HK) announced that the first patient has been enrolled in OM-0031, the pivotal clinical trial of its coronary paclitaxel drug-coated balloon (DCB) in Japan. The trial evaluates the safety and efficacy of the Group’s self-developed DCB product. It will be conducted across 25 leading cardiovascular centres nationwide in Japan, with full enrolment targeted by the end of 2027.
NewTimeSpace News: CONTIOCEAN ENVIRONMENTannounced on 22 July that the Group expects to record a net profit of approximately RMB 17 million to RMB 23 million for the first half of 2026, representing a year-on-year increase of around 178.7% to 277.0%.
NewTimeSpace News: GF Securities announced on 22 July that the 5th tranche of its publicly offered short-term corporate bonds issued to professional investors in 2026 will be listed on the Shenzhen Stock Exchange starting from 23 July 2026.
NewTimeSpace News: Chow Tai Fook Jewellery announced on 22 July that Mr. Deng Yingzhang, an Independent Non-executive Director, has been appointed Chairman of the Audit Committee, and Ms. Wong Ching Ying, an Independent Non-executive Director, has been appointed a member of the Remuneration Committee.
NewTimeSpace News: Nanjing Panda Electronics announced on 22 July that the Company subscribed to structured deposit products issued by Hua Xia Bank worth RMB 50 million on 20 July. Together with three previous subscriptions completed on 28 April, 29 April and 2 July, the total principal of structured deposits held by the Company at Hua Xia Bank amounts to RMB 300 million.
NewTimeSpace News: The Hong Kong Stock Exchange announced that Paladin will be delisted with effect from 9:00 a.m. on 27 July 2026.
NewTimeSpace News: Suzhou Ribo Life Science Co., Ltd. (06938.HK) announced positive top-line results from the Phase IIa clinical study of its core asset vortosiran (RBD4059) in patients with chronic coronary artery disease (CAD). Among patients receiving standard aspirin therapy, the mean maximum reduction in FXI activity hit 92% in the high-dose cohort. No treatment-related serious adverse events or major bleeding episodes were observed, supporting a dosing interval of once every 3 to 6 months. This represents the world’s first clinical proof-of-concept for siRNA-mediated FXI inhibition in CAD patients.
In July 2026, HKIC portfolio company StepFun launched STEPX, the world's first LLM-native AI terminal brand, alongside the STEPX Neo agent smartphone, the agentic-native Step AOS, and the Amoo personal agent. This marks the first domestic integration of a "foundation model - system - hardware" full-stack AI ecosystem. By rebuilding the OS architecture from scratch, Step AOS enables the STEPX Neo to achieve the highest L3 certification for AI terminals and secure deep partnerships with top apps like Alipay and Meituan. Backed by HKIC's patient capital, StepFun—having dismantled its red-chip structure for an upcoming Hong Kong IPO—is rapidly closing the loop between technological breakthroughs and commercial application.
NewTimeSpace News: On 22 July 2026, XPENG-W(09868.HK) fluctuated downward in the afternoon trading session. As of 14:52, the stock was quoted at HK$50.45, down 2.79%. XPeng disclosed that cumulative orders for its flying cars have exceeded 7,000, ranking among the top tier worldwide in order volume.
NewTimeSpace (newtimespace.com) reported that on July 22, 2026, the chip theme showed choppy trading, with ASMPT (00522.HK) turning from gains to losses. As of 13:26, the stock was quoted at HKD 170.300, down 0.82%.
NewTimeSpace News: POU SHENG INT'L (03813.HK) announced that the Group has received notification from NIKE that its online platform sales of NIKE products in mainland China will be fully terminated with effect from 1 January 2027. Revenue from such online business represented approximately 15% of the Group’s total revenue for the financial year ended 31 December 2025, though its contribution to profitability was insignificant.
NewTimeSpace (newtimespace.com) reported that on July 22, 2026, the robotics theme fluctuated weaker, with Xiaomi-W(01810.HK) opening lower and declining. As of 13:08, the stock was quoted at HKD 26.600, down 2.99%.
NewTimeSpace News: TOPSPORTS (06110.HK) announced on 22 July that it has received formal notification from NIKE that the Group’s online platform sales of NIKE products within mainland China will be completely terminated effective 1 January 2027. Such business contributed approximately 22% of the Group’s total revenue. The Board anticipates the termination will bring material adverse impacts on the Group’s business in the short term. The Company will continue close cooperation with NIKE over offline sales arrangements.
