PRE-MARKET CHINESE STOCK NEWS: Chinese House Prices, GDP, Industrial Production & Retail Sales Data are Scheduled Today
361 Degrees International (1361 HK) - Co. Q2 core-brand retail sales rose by a mid-to-high single-digit percentage Y/Y. (Newswires)
Air China (753 HK) - Co. sees H1 (CNY) loss of 2.1bln-2.6bln (prev. loss 1.81bln Y/Y), as higher jet fuel prices weighed on results; June passenger load factor rose 2.8ppt Y/Y to 83.9% and cargo load factor rose 2.3ppt Y/Y to 48.0%, while H1 passenger load factor rose 4.0ppt Y/Y to 84.7% and cargo load factor rose 1.6ppt Y/Y to 39.1%. (Dow Jones Newsplus)
BBMG Corporation (2009 HK) - Co. sees H1 (CNY) loss of 1.95bln-2.35bln (prev. loss 1.50bln Y/Y), citing lower cement sales and selling prices. (Newswires)
China Eastern Airlines (670 HK) - Co. sees H1 (CNY) loss of 1.8bln-2.4bln (prev. loss 1.43bln Y/Y), as rising fuel costs linked to the Middle East crisis weighed on results. (Dow Jones Newsplus)
China Life Insurance (2628 HK) - Co. prelim. H1 (CNY) net profit rose 215-235% Y/Y to 128.9bln-137.1bln. (Newswires)
China National Building Material (3323 HK) - Co. sees H1 (CNY) loss of 890mln, swinging from a net profit of 1.36bln Y/Y. (Newswires)
China Shenhua Energy (1088 HK) - Co. prelim. H1 (CNY) net profit rose 8% Y/Y to 26.3bln-29.8bln. (Newswires)
China Southern Airlines (1055 HK) - Co. sees H1 (CNY) loss of 3.47bln-3.97bln (prev. loss 1.53bln Y/Y), as higher fuel costs linked to geopolitical tensions weighed on results. (Dow Jones Newsplus)
China Tourism Group Duty Free (1880 HK) - Co. H1 (CNY) net 3.10bln (prev. 2.60bln Y/Y), rev. 27.59bln (prev. 28.15bln Y/Y). (Dow Jones Newsplus)
Ganfeng Lithium (1772 HK) - Co. sees H1 (CNY) net profit of 3.65bln-4.60bln, swinging from a loss of 531.24mln Y/Y, supported by rising demand for lithium products. (Dow Jones Newsplus)
GF Securities (1776 HK) - Co. sees H1 (CNY) net profit of 11.0bln-12.0bln (prev. 6.47bln Y/Y), supported by higher wealth-management and investment-banking revenue. (Dow Jones Newsplus)
Great Wall Motor (2333 HK) - Co. prelim. H1 (CNY) net profit fell 59-63% Y/Y to 2.35bln-2.60bln. (Newswires)
InSilico Medicine Cayman TopCo (3696 HK) - Co. announced a strategic alliance with Bora Pharmaceuticals with the potential value of the collaboration exceeding USD 2.5bln if fully implemented. (Newswires)
Metallurgical Corporation of China (1618 HK) - Co. June YTD (CNY) new contracts fell 25% Y/Y to 413.6bln. (Newswires)
Sino-Ocean Group (3377 HK) - Co. June (CNY) contracted sales fell 41% Y/Y to 1.74bln. (Newswires)
SINOPEC Shanghai Petrochemical (338 HK) - Co. prelim. H1 (CNY) net profit of 234mln-351mln, swinging from a loss of 462mln Y/Y. (Newswires)
Yankuang Energy Group (1171 HK) - Co. prelim. H1 (CNY) net profit rose 53% Y/Y to 7.2bln. (Newswires)
Zhipu AI (2513 HK) - Co. will change its English name to Z.AI effective 17 July. (Newswires)