PRE-MARKET CHINESE STOCKS NEWS: Alibaba Group (9988 HK) is said to have bid USD 1.5bln for Chinese grocery delivery firm Pupu

Alibaba Group (9988 HK) - Co. is said to have bid USD 1.5bln for Chinese grocery delivery firm Pupu as part of its battle with Meituan and Sun Art Retail. (US financial press)

Chow Tai Fook Jewellery Group (1929 HK) - Co. FY (HKD) net rose 52.2% Y/Y to a record 9.00bln (exp. 8.80bln), rev. rose 5.3% Y/Y to 94.4bln (exp. 93.8bln). (Newswires)

Contemporary Amperex Technology (300750 CH) - Co. received approval to cancel the land pre-examination and site selection opinion for the Jianxiawo lithium mine. (Newswires)

Hong Kong Television Network (1137 HK) - Co. May GMV rose 21.1% Y/Y to HKD 827mln. (Newswires)

Kweichow Moutai (600519 CH) - Co. disclosed that it currently has no plans for a stock split and stated that Moutai liquor prices should not experience sharp swings. (Newswires)

PetroChina (857 HK) - Woodside Energy (WDS AT) will exercise its pre-emption right in the Browse joint venture and acquire the Co.'s 10.67% stake in the project for USD 225mln. (Newswires)

Poly Real Estate (600048 CH) - Co. May contracted sales fell 3.2% Y/Y to CNY 27.6bln. (Newswires)

Sichuan Kelun Pharmaceutical (002422 CH) - Co. received CNY 602.5mln in income from MediLink. (Newswires)

Xiaomi (1810 HK) - Co. is said to have filed for a new extended-range EV. (Newswires)