PRE-MARKET CHINESE STOCK NEWS: Chinese House Prices, Industrial Production & Retail Sales Data is Scheduled Today

Air China (753 HK) - Co. May passenger load factor rose 3.2ppt Y/Y to 84.5%, cargo load factor rose 3.1ppt Y/Y to 72.5%, Jan-May passenger load factor rose 4.2ppt Y/Y to 84.9% and cargo load factor rose 3.7ppt Y/Y to 70.1%. (Dow Jones Newsplus)

China Coal Energy (601898 CH) - Co. May coal production fell 9.2% Y/Y to 10.8Mt, while sales volume rose 0.4% Y/Y to 21.9Mt. (Newswires)

Everest Medicines (1952 HK) - Co. announced an agreement with Dimerix to develop and commercialise DMX-200 in Greater China, South Korea and Southeast Asia, including USD 10mln upfront, up to USD 10mln in development milestones, USD 300mln in sales milestones and 10-15% royalties. (Newswires)

Eve Energy (300014 CH) - Co. prelim. H1 (CNY) net 3.13-3.37bln (prev. 1.61bln Y/Y), rev. rose 60% Y/Y to 28.2bln. (Newswires)

Hainan Airlines (600221 CH) - Co. May load factor rose 1.5ppt Y/Y to 83.5%, traffic fell 5.5% Y/Y and capacity fell 7.1% Y/Y. (Newswires)

Hainan Airport Infrastructure (600515 CH) - Co. May passenger throughput fell 5.1% Y/Y to 3.5mln. (Newswires)

MMG (1208 HK) - Co. priced 706mln shares at HKD 8.88/shr for net proceeds of approximately HKD 6.5bln and issued USD 800mln of zero-coupon convertible bonds at a conversion price of HKD 10.21/shr, with 43% of the proceeds to be used to refinance various borrowings. (Newswires)

Ningbo Yunsheng Group (600366 CH) - Co. submitted a listing application to the Hong Kong Stock Exchange. (Newswires)

Road King Infrastructure (1098 HK) - Co. said the proposed acquisition of the target interest will not proceed as the target interest is subject to enforcement action via judicial auction in the PRC, while the Co. is taking measures to recover CNY 172.5mln previously paid to Beijing Xuke. (Newswires)

Spring Airlines (601021 CH) - Co. May load factor rose 1.9ppt Y/Y to 93.0%, traffic rose 17.4% Y/Y and capacity rose 15.0% Y/Y. (Newswires)

SSY Group (2005 HK) - Co. received China NMPA approval for Cefpodoxime Proxetil for suspension 50mg for the treatment of infections caused by susceptible bacteria, with the approval treated as passing China’s generic consistency evaluation. (Newswires)

Times China Holdings (1233 HK) - Co. received consents from holders representing the requisite principal amount of each series of notes to effect the proposed amendments and waivers, while a separate bondholder meeting for a concurrent mandatory convertible bond consent solicitation is planned. (Newswires)

Yantai North Andre Juice (2218 HK) - Co. is seeking to acquire a controlling stake in Ningbo Yongqiang Technology for CNY 600-800mln under an equity transfer framework agreement. (Newswires)

Other News

China's Vice Premier He Lifeng met with US Rep. Correa in Beijing and said China is willing to work with the US to fully implement the consensus reached by the two countries' leaders. (Newswires)

Fitch affirmed China's sovereign rating at A with a stable outlook. (Newswires)