PRE-MARKET CHINESE STOCKS NEWS: Chinese trade data is scheduled today

Daqin Railway (601006 CH) - Co. reported May Daqin Line cargo transportation rose 17.9% Y/Y to 38.9mt. (Newswires)

Everest Medicines (1952 HK) - Co. entered into an exclusive licensing agreement with Jiangsu Vcare PharmaTech Co. for the development, registration and commercialisation of Sumecigrel, including an upfront payment of RMB 20mln and subsequent milestone payments. (Newswires)

Kingsoft (3888 HK) - Co. said Xiaomi raised its stake in Kingsoft Cloud from 4.96% to 5.39%. (Newswires)

New Hope Liuhe (000876 CH) - Co. reported May pork sales fell 20.1% Y/Y to CNY 1.39bln, while volume rose 24% Y/Y to 1.2mln. (Newswires)

Shaanxi Coal Industry (601225 CH) - Co. reported May coal production of 15.7mt vs 14.9mt Y/Y. (Newswires)

Tencent (700 HK) - Co. is said to raise USD 3bln in USD and CNY-denominated bond offerings, according to press. (Newswires)

Vongroup (318 HK) - Co. announced discussions regarding a potential investment in an agentic AI fintech business, with terms under discussion and no agreement finalised as of the announcement date. (Newswires)

WuXi AppTec (2359 HK) - Co. confirmed the US Dept of War included units in an updated list of designated Chinese military companies but said the inclusion is incorrect and that it is not owned, controlled by or affiliated with any PRC military or government entity. (Newswires)

Yuexiu Property (123 HK) - Co. reported May contracted sales rose 18% Y/Y to CNY 11.3bln. (Newswires)

Zai Lab (9688 HK) - Co. received China NMPA approval for TIVDAK for the treatment of adult patients with recurrent or metastatic cervical cancer. (Newswires)

Other News

US Pentagon posted a list of Chinese military companies, in which it named Alibaba (9988 HK), Baidu (9888 HK), BYD (1211 HK), Tencent (700 HK), Nio (9866 HK) and COSCO Shipping Holdings (1919 HK), among others. (Newswires)