PRE-MARKET CHINESE STOCKS NEWS: Bank of Qingdao (3866 HK) prelim. FY25 (CNY) net 5.2bln (exp. 4.9bln), rev. 14.6bln (exp. 14.3bln)

Bank of Qingdao (3866 HK) - Co. prelim. FY25 (CNY) net 5.2bln (exp. 4.9bln), rev. 14.6bln (exp. 14.3bln). (Newswires)

Foxconn Industrial Internet (601138 CH) - Co. prelim. FY25 (CNY) net 35.1bln-35.7bln (prev. 23.2bln Y/Y). (Newswires)

Muyuan Foods (002714 CH) - Co. 274mln share Hong Kong IPO priced at HKD 39/shr maximum price. (Newswires)

Shenzhen Expressway (548 HK) - Co. December Shenzhen Toll rev. CNY 396mln (prev. 384mln Y/Y). (Newswires)

Property - Several developers reportedly no longer need to submit the monthly so-called “three red lines” indicators, which are debt metrics formally introduced in 2021 to curb builders' financial leverage. (Newswires)

Other News

HKMA maintained its base rate at 4.00%, as expected. (Newswires)

China resumed the purchase of Canadian canola, while crushers in China have booked cargoes for loading in the next few months, according to Bloomberg citing sources. (Newswires)

UK PM Starmer said the UK and China need to take a "mature approach" to ties, while he added that the UK and China have to manage differences. (Newswires)