PRE-MARKET CHINESE STOCKS NEWS: CATL (300750 CH) unveiled the third generation of its Shenxing battery cell, which can charge to 98% in six minutes and offers a 1000 km driving range
CATL's announcement of its third-generation Shenxing battery is a pivotal development for the EV sector, showcasing significant advancements in charging speed and range.
Tesla (TSLA) launches six-seater Model Y in India priced at INR 6.2mln
PBoC injects CNY 6bln via 7-day reverse repos with the rate at 1.40%
PRE-MARKET CHINESE STOCKS NEWS: CATL (300750 CH) unveiled the third generation of its Shenxing battery cell, which can charge to 98% in six minutes and offers a 1000 km driving range
PBoC sets USD/CNY mid-point at 6.8635 vs exp. 6.8233 (Prev. 6.8594)
Australia sells AUD 1bln 3.75% April 2037 bonds, b/c 3.63, avg. yield 4.9884%
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ASMPT (522 HK) - Co. Q1 (HKD) net from continuing operations 326.4mln, adjusted non-HKFRS net rose 193.5% Y/Y and 123.8% Q/Q to 335.2mln, rev. 3.97bln (exp. 3.86bln). (Newswires)
CATL (300750 CH) - Co. unveiled the third generation of its Shenxing battery cell, which can charge to 98% in six minutes and offers a 1000 km driving range. (Newswires)
China Unicom (762 HK) - Co. Q1 (CNY) net 4.89bln (prev. 5.93bln Y/Y), rev. 102.8bln (prev. 103.3bln Y/Y), while mobile service rev. was 90.1bln (prev. 90.9bln Y/Y). (Newswires)
China Vanke (2202 HK) - Co. bondholders approved a proposal to repay 40% of its Apr. 23 yuan bond repayment and extend the remainder by one year, according to a filing. (Newswires)
JD.com (9618 HK) - Co.'s affiliated company, Beijing Qizheng Digital Intelligence Technology, acquired a comprehensive commercial and financial services land parcel in Beijing Yizhuang New Town at the reserve price of CNY 1.757bln. (AA Stocks)
MeiHua Holdings (600873 CH) - Co. FY25 (CNY) net 3.28bln (exp. 3.45bln), rev. 24.2bln (exp. 25.5bln). (Newswires)
MMG (1208 HK) - Co. Q1 copper production rose 5% Y/Y to 111.9k tons and affirmed FY26 Las Bambas copper production guidance of 380k-400k tons and Kinsevere copper production guidance of 65k-75k tons. (Newswires)
Muyuan Foods (002714 CH) - Co. Q1 (CNY) net loss 1.21bln (prev. net 4.49bln Y/Y), rev. 29.9bln (prev. 36.1bln Y/Y), with the result weighed by a significant decrease in hog prices and an impairment loss. (Newswires)
Shenzhen Zhongjin Lingnan Nonfemet (000060 CH) - Co. FY25 (CNY) net 802mln (prev. 1.08bln Y/Y), rev. 60.5bln (prev. 56.5bln Y/Y). (Newswires)
Sino Land (83 HK) - Co.-led consortium clinched a Northern Metropolis project with a USD 1.7bln investment. (SCMP)
Zijin Gold (2259 HK) - Co. Q1 (USD) net 807.3mln (prev. 166.3mln Y/Y), rev. 2.06bln (prev. 865mln Y/Y). (Newswires)
Zijin Mining (2899 HK) - Co. Q1 (CNY) net 20.1bln (prev. 10.2bln Y/Y), rev. 98.5bln (prev. 78.9bln Y/Y), and said it will continue to increase output in Q2 2026. (Newswires)
Ship Builders - China shipyards are reportedly set to win a wave of new oil tanker orders amid the Middle East conflict. (SCMP)
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