PRE-MARKET CHINESE STOCKS NEWS: Chinese Trade Data is scheduled today
Beijing Originwater Technology Co. Ltd. (300070 CH) - Co. FY25 (CNY) net 61.0mln (prev. 58.6mln Y/Y), rev. 7.78bln (exp. 8.90bln). (Newswires)
BOC Aviation Ltd. (2588 HK) - Co. reported Q1 total fleet of 813 (prev. 815 Q/Q) and order book of 327 (prev. 337 Q/Q). (Newswires)
BYD Co. Ltd. (1211 HK) - Co. was linked to a report that Brazil’s government fired its “slave labor watchdog chief” following the blacklisting of the company. (SCMP)
China Resources Cement Holdings Ltd. (1313 HK) - Co. prelim. Q1 (CNY) net loss 170mln-200mln (prev. 107mln Y/Y). (Newswires)
China Resources Land Ltd. (1109 HK) - Co. reported Mar (CNY) contracted sales fell 14.1% Y/Y to 22.4bln. (Newswires)
China Resources Power Holdings Co. Ltd. (836 HK) - Co. reported Mar net generation rose 16.2% Y/Y to 20.8TWh. (Newswires)
Contemporary Amperex Technology Co. Ltd. (300750 CH) - Co. is reportedly mulling a share sale of up to USD 5bln following its rally and has held talks with banks regarding the potential transaction. (Newswires)
Dongfeng Motor Group Co. Ltd. (489 HK) - Co. plans to increase its stake in Voyah Auto (7489 HK). (Newswires)
Henan Shenhuo Coal & Power Co. Ltd. (000933 CH) - Co. final Q1 (CNY) net 2.29bln (prelim. 2.25bln), rev. 12.4bln (prev. 9.63bln Y/Y). (Newswires)
HSBC Holdings Plc (5 HK) - Co. CEO said the bank has been resilient in the Middle East and noted that movement of money from the region remains very benign. (Newswires)
Longfor Group Holdings Ltd. (960 HK) - Co. reported Mar (CNY) contracted sales 2.02bln (prev. 4.74bln Y/Y). (Newswires)
Seazen Group Ltd. (1030 HK) - Co. reported Mar (CNY) contracted sales 1.08bln (prev. 2.13bln Y/Y). (Newswires)
Shanghai Electric Power Co. Ltd. (600021 CH) - Co. FY25 (CNY) net 2.77bln (prev. 2.05bln Y/Y), rev. 41.9bln (prev. 42.7bln Y/Y), while Q1 electricity generation fell 4.6% Y/Y to 18.5GWh. (Newswires)
Other News
China Premier Li Qiang said to seek to strengthen energy cooperation with the UAE. (Newswires)
Data Recap
- Chinese New Yuan Loans (CNY)(Mar) 2990B vs. Exp. 3400B (Prev. 900B)
- Chinese Total Social Financing (CNY)(Mar) 5230B vs. Exp. 5400B (Prev. 2380B)
- Chinese M2 Money Supply YY (Mar) 8.5% vs. Exp. 8.9% (Prev. 9.0%)