PRE-MARKET CHINESE STOCKS NEWS: Alibaba (9988 HK) launched an OpenClaw mobile app
Newsquawk Staff ·
Alibaba (9988 HK) - Co. launched an OpenClaw mobile app. (Newswires)
Cathay Pacific Airways (293 HK) - Co. priced about 153mln shares at HKD 11.74/shr and is to raise fuel surcharge for flights by 105%. (Newswires)
CATL (3750 HK) - Co. entered into a memorandum of understanding to establish a partnership with Rio Tinto (RIO AT). (AA Stocks)
China Merchants Land (978 HK) - Co. FY (CNY) net loss widened to 2.2bln (prev. loss 1.85bln Y/Y), rev. rose 27% Y/Y to 26.3bln. (Newswires)
Li Auto (2015 HK) - Co. Q4 (CNY) net 274.4mln, rev. 28.8bln (exp. 28.8bln) and sees Q1 rev. between 20.4-21.6bln (exp. 24.0bln) with deliveries between 89-90k vehicles. (Newswires)
Orient Overseas International (316 HK) - Co. FY (USD) net 1.51bln (exp. 1.61bln), rev. 9.72bln (exp. 9.73bln). (Newswires)
Shenzhen Airport (000089 CN) - Co. said Feb passenger throughput rose 7.2% Y/Y to 5.7mln. (Newswires)
Sinopec Shanghai Petrochemical (338 HK) - China said to reject the Co.'s request to tap 95mln barrels of national commercial reserves and told refiners it cannot release petroleum reserves yet. (Newswires)
Swire Properties (1972 HK) - Co. FY (HKD) underlying profit rose 27% Y/Y to 8.62bln, rev. rose 11% Y/Y to 16.04bln. (Newswires)
United Laboratories (3933 HK) - Co. FY (CNY) net fell 28% Y/Y to 2.00bln. (Newswires)
Other News
PBoC Governor said they will continue to implement appropriately loose monetary policy, and step up counter-cyclical and cross-cyclical adjustments. (Newswires)
US does not plan to issue duties for battery material imports from China after the US ITC found imports are not harming the domestic industry. (Newswires)
US Treasury Department said Treasury Secretary Bessent is to travel to France on March 15-16th to meet with Chinese Vice Premier He Lifeng and will be speaking on US/China trade, while USTR Greer will also be meeting with China's Hi Lifeng alongside US Treasury Secretary Bessent. (Newswires)
India has asked China to allow the sale of some urea cargoes as the war in the Middle East curtails the nation’s gas supplies, threatening fertiliser production in the agricultural powerhouse. (Newswires)
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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