PRE-MARKET CHINESE STOCKS NEWS: Automaker updates, Macau gaming revenue rose 4.5% Y/Y
Newsquawk Staff ·
Antengene Corporation (6996 HK) - Co. received reimbursement approval in South Korea for a second multiple myeloma indication. (Newswires)
BYD Co (1211 HK) - Co. Feb vehicle production fell 38.4% Y/Y to 175.3k units and sales fell 35.8% Y/Y to 190.2k units. (Newswires)
Cathay Pacific Airways (293 HK) - Co. announced the suspension of Dubai and Riyadh services due to the Middle East situation, effective Feb 28th to Mar 3rd. (Newswires)
Chery Automobile (9973 HK) - Co. Feb sales fell 14.8% Y/Y to 146.2k units. (Newswires)
CRRC Corp (1766 HK) - Co. appointed Xiaoli Qu as CFO, effective immediately. (Newswires)
Geely Automobile (175 HK) - Co. Feb sales rose 1% Y/Y to 206.2k units. (Newswires)
Great Wall Motor (2333 HK) - Co. Feb production fell 13.4% Y/Y to 64.8k units and sales fell 6.8% Y/Y to 72.6k units. (Newswires)
Lenovo Group (992 HK) - Co. unveiled adaptive AI PCs, modular concepts and the Lenovo Qira rollout at MWC 2026, including a new lineup of AI-integrated consumer devices. (Newswires)
Pou Sheng International (3813 HK) - Co. prelim FY25 (CNY) net 211mln (prev. 322mln Y/Y), revenue 17.1bln (prev. 17.1bln Y/Y). (Newswires)
SAIC Motor (600104 CN) - Co. Feb sales fell 8.6% Y/Y to 269.5k units. (Newswires)
Shanghai Junshi Biosciences (1877 HK) - Co. prelim FY25 (CNY) net loss of 874mln (prev. loss of 844mln Y/Y), revenue 2.50bln (prev. 2.54bln Y/Y). (Newswires)
WuXi XDC Cayman (2268 HK) - Co. granted an exclusive global license to Earendil Labs for its WuXiTecan-2 payload-linker technology platform. (Newswires)
Xinyi Energy (3868 HK) - Co. FY25 (CNY) net rose 27.8% Y/Y to 1.01bln, revenue rose to 2.45bln (prev. 2.44bln Y/Y), and raised final dividend by 33% to HKD 0.036 per share. (Newswires)
Xinyi Solar (968 HK) - Co. prelim FY25 (CNY) net 845mln (exp. 1.20bln), revenue 20.9bln (exp. 17.4bln). (Newswires)
Casinos - Macau gaming revenue in February rose 4.5% Y/Y to MOP 20.6bln (exp. 1% growth). (Newswires)
Geopolitical
China said the US's claims that it conducted nuclear explosive tests are baseless, and it accused the US of being the main cause of uncertainty regarding the global nuclear order. (Newswires)
Other News
China overhauled a key micro credit program in which the focus is shifting to longer-term income support for rural households from a prior focus on poverty alleviation. (Newswires)
China’s coordinated policies, full industrial system, and vast domestic market are expected to deliver steady, high-quality growth and a strong start to the 15th Five-Year Plan. (Global Times)
DeepSeek is to release the long-awaited DeepSeek 4 model in the week ahead. (Newswires)
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip
- PRE-MARKET INDIAN STOCKS NEWS: Earnings deluge and Jio Platforms debut
- [MARKET ANALYSIS] Asia-Pac stocks are higher amid the ongoing tech rebound and record SK Hynix earnings, while participants await central bank decisions
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: SK Hynix earnings in focus
- Apple (AAPL) is set to unveil 14‑inch and 16‑inch touch MacBooks on Wednesday and discussed charging USD 2,899 for the new 14-inch touch Mac, while touch-screen Macs will be its priciest laptops
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