PRE-MARKET CHINESE STOCKS NEWS: China issued guidelines to strengthen risk management in private investment funds

Cathay Pacific Airways (293 HK) - Co.’s CEO does not anticipate cutting more capacity in 2026 due to fuel prices. (Newswires)

China Longyuan Power Group (916 HK) - Co. reported May power generation rose 1.2% Y/Y to 6.76TWh. (Newswires)

Dongfeng Automobile (600006 CH) - Co. reported May vehicle production fell to 9.93k from 11.7k Y/Y and sales fell to 9.36k from 10.1k Y/Y. (Newswires)

Everest Medicines (1952 HK) - Co. entered into an exclusive licence agreement in Greater China for LNZ100 with Corxel Pharmaceuticals Hong Kong. (Newswires)

Gemdale Corp (600383 CH) - Co. reported May contracted sales fell 35.9% Y/Y to CNY 2.00bln. (Newswires)

GOME Retail Holdings (493 HK) - Co. acquired a 51% stake in Revoblue Enterprise for up to HKD 85.7mln through the issuance of up to 3.34bln shares. (Newswires)

Muyuan Foods (002714 CH) - Co. reported May hog sales rose 7.4% Y/Y to CNY 6.90bln. (Newswires)

Ningbo Zhoushan Port (601018 CH) - Co. reported May container throughput rose 1.3% Y/Y to 4.6mln TEUs. (Newswires)

Shimao Group Holdings (813 HK) - Co. reportedly faces a group of banks moving to take over a Sheraton-branded hotel property near Hong Kong’s airport. (Newswires)

Other News

China issued guidelines to strengthen risk management in private investment funds, including improving access mechanisms, controlling the establishment of new government investment funds and creating a healthy environment. (Newswires)

China moves to rein in mutual funds’ quick money. (Newswires)