No Data
Hong Kong Stock Morning Report｜Two major insurance companies subscribed to the 2nd phase Fund of 20 billion yuan. The Hong Kong Stock Exchange has already contacted some companies regarding the "return of Chinese concept stocks."
① Two major insurance companies subscribed to 20 billion yuan for the Honghu Phase II Fund. ② The Hong Kong Stock Exchange has contacted some companies regarding the "return of Chinese concept stocks." ③ Li Yunzhe met with the President of the Hong Kong Monetary Authority, Eddie Yue Wai-man. ④ Tencent announced a restructuring of its mixed Yuan model research and increased investment in AI.
Midea's Q1 revenue increased by 20.5% year-on-year, net income surged by 38%, new business is experiencing explosive growth | Earnings Reports insights.
Midea's new Business performance is impressive: In the first quarter, New energy Fund and industrial technology revenue reached 11.1 billion yuan, a year-on-year increase of 45%; Asia Vets revenue was 9.9 billion yuan, a year-on-year increase of 20%; Siasun Robot&Automation revenue was 7.3 billion yuan, a year-on-year increase of 9%. Midea also announced plans to spin off Ande Intelligent Connectivity for listing on the Main Board of the Hong Kong Stock Exchange.
Annual Financial Report 2024
CM BANK: In the first quarter of 2025, performance was steady, profit slightly decreased, and Asset quality remained stable.
CM BANK's performance in the first quarter of 2025 is stable: profits slightly decreased while asset quality remains stable. Key financial points: Profit performance: Achieved operational results in the first quarter...
CM BANK: In the first quarter of 2025, performance shows steady growth, but net interest margin is under pressure.
In the first quarter, revenue reached 83.751 billion yuan, a year-on-year decrease of 3.09%; Net income was 37.286 billion yuan, a year-on-year decrease of 2.08%; Net interest income was 52.996 billion yuan, a year-on-year increase of 1.92%; Non-interest net income was 30.755 billion yuan, a year-on-year decrease of 10.64%.
Kweichow Moutai: In the first quarter, revenue surpassed 50 billion, Net income increased by 11.56%, and the decline in operating Cash flow has drawn attention.
In the first quarter, Kweichow Moutai's revenue exceeded 50 billion, with net income growing by 11.56% year-on-year, but the decline in operating cash flow has raised concerns. Key points summary of financial performance:...
