PRE-MARKET CHINESE STOCK NEWS: Chinese trade data is scheduled today
China Resources Land (1109 HK) - Co. reported H1 contracted property sales of CNY 116.5bln, while June contracted property sales fell 2% Y/Y to CNY 23.0bln. (Newswires)
Aluminum Corporation of China (2600 HK) - Co. prelim. H1 (CNY) net profit rose to CNY 11.2-12.2bln (prev. CNY 7.07bln Y/Y). (Newswires)
Lingbao Gold (3330 HK) - Co. expects H1 (CNY) net profit of CNY 950mln-1.05bln and revenue of CNY 7.90-8.10bln, supported by higher gold prices and cost controls. (Dow Jones Newsplus)
Longfor Group (960 HK) - Co. H1 contracted sales fell 53% Y/Y to CNY 16.6bln. (Newswires)
Angang Steel (347 HK) - Co. prelim. H1 (CNY) net loss was CNY 2.05bln (prev. loss CNY 1.12bln Y/Y). (Newswires)
New China Life Insurance (1336 HK) - Co. prelim. H1 (CNY) net profit rose 40-60% Y/Y to CNY 20.7-23.7bln. (Newswires)
Other News
SHEIN - is reportedly targeting to raise up to USD 3.0bln in a Hong Kong IPO by August. (Newswires)