PRE-MARKET CHINESE STOCKS NEWS: Earnings from China Mobile, CK Hutchison, JD.com and SMIC

Cheung Kong Property Holdings (1113 HK) - Co. H1 (HKD) net 8.68bln (prev. 6.30bln Y/Y), underlying net rose 5% Y/Y to 6.64bln, rev. 54.5bln (prev. 39.1bln Y/Y), interim dividend 0.41 (prev. 0.39). (Newswires)

China Aluminum International Engineering (2068 HK) - Co. H1 (CNY) net rose 4.4% Y/Y to 107.1mln, rev. 9.1bln (prev. 9.7bln Y/Y). (Newswires)

China Gold International Resources (2099 HK) - Co. H1 (CNY) net 512.1mln (prev. 202.3mln Y/Y), rev. rose 58% Y/Y to 914.2mln. (Newswires)

China Mobile (941 HK) - Co. H1 (CNY) net 78.9bln (prev. 84.2bln Y/Y), rev. 538.0bln (prev. 543.8bln Y/Y). (Newswires)

China Shenhua Energy (1088 HK) - Co. July coal production 43.4mln tonnes (prev. 44.8mln tonnes Y/Y), sales 53.1mln tonnes (prev. 55.6mln tonnes Y/Y). (Newswires)

China Suntien Green Energy (956 HK) - Co. July power generation rose 3.8% Y/Y to 876GWh. (Newswires)

CITIC Telecom International Holdings (1883 HK) - Co. H1 (HKD) net 463mln (prev. 461mln Y/Y), rev. 4.75bln (prev. 4.81bln Y/Y). (Newswires)

CK Hutchison Holdings (1 HK) - Co. H1 (CNY) net 26.8bln (prev. 852mln Y/Y), underlying net 12.6bln (prev. 11.8bln Y/Y), EBITDA 92.9bln (prev. 57.0bln Y/Y), rev. 255.4bln (prev. 240.7bln Y/Y), interim dividend 0.7455 (prev. 0.7100); Co. expects the operating environment for the rest of 2026 to remain challenging. (Newswires)

Hua Hong Semiconductor (1347 HK) - Co. Q2 (USD) net 38.6mln (prev. 39.4mln Y/Y), rev. 717.5mln (prev. 702.7mln Y/Y), guides Q3 rev. USD 770-780mln (exp. 822mln) and gross margin 16-18% (exp. 16.6%). (Newswires)

IGG (799 HK) - Co. H1 (HKD) net 308.4mln (prev. 321.5mln Y/Y), rev. 2.88bln (prev. 2.72bln Y/Y). (Newswires)

JD.com (9618 HK) - Co. Q2 (CNY) adj. operating income 5.5bln (prev. 0.9bln Y/Y), rev. 346.4bln (exp. 342.1bln, prev. 356.7bln Y/Y); USD EPS 0.93 (exp. 0.86). (Newswires)

JD Health International (6618 HK) - Co. H1 (CNY) net 3.87bln (prev. 2.60bln Y/Y), rev. 40.9bln (exp. 41.1bln), gross margin 26.1% (exp. 25.9%). (Newswires)

JD Logistics (2618 HK) - Co. H1 (CNY) net rose 10.5% Y/Y to 3.27bln, rev. rose 26.5% Y/Y to 124.7bln. (Newswires)

MTR Corporation (66 HK) - Co. H1 (HKD) net 15.9bln (prev. 7.71bln Y/Y), rev. 26.2bln (prev. 27.4bln Y/Y). (Newswires)

Pony AI (2026 HK) - Co. will deploy more than 2,000 robotaxis across Europe with Uber (UBER US), with the partnership expanding from Zagreb to four additional European cities and later into the Middle East.

Samsonite Group (1910 HK) - Co. H1 (USD) net 90.9mln (prev. 118.2mln Y/Y), rev. 1.68bln (prev. 1.66bln Y/Y); Co. said North America weakened in Q2 as conflict-related inflation followed a year of tariff pressure, weighing on consumer confidence and travel demand, while wholesale customers became more cautious, and expects Q3 2026 constant-currency sales growth to remain stable and in a similar range to Q2. (Newswires)

Semiconductor Manufacturing International Corp (981 HK) - Co. Q2 (HKD) net 479.2mln (exp. 256.7mln), rev. 3.01bln (exp. 2.88bln), while maintaining an optimistic outlook on industry trends; CEO said the Co. increased wafer prices for its most sought-after capacity. (Newswires)

Sino-Ocean Group (3377 HK) - Co. July (CNY) contracted sales 850mln (prev. 1.37bln Y/Y). (Newswires)

Drone Makers - US President Trump signed a proclamation imposing tariffs on drones and components, including a 100% tariff on certain larger drones and a 25% tariff on smaller drones; tariffs on drones take effect 21 days after signing, while tariffs on less-sensitive components take effect after 180 days. (Newswires)

Pre-market Hong Kong earnings roundups of this kind have historically traded on the interplay between the two listed heavyweights: the consumer internet names, which set the tone for the China risk complex and the ADR session that follows, and the foundries, which feed directly into the global semiconductor peer set. The pattern worth noting here is the split between JD.com's revenue beat on sharply improved adjusted operating income and Hua Hong's third-quarter revenue guide coming in below consensus, a divergence between demand holding up at the platform level and the more contested outlook in mature-node capacity. SMIC's beat alongside a stated increase in wafer pricing for its most sought-after capacity is the established tell: foundries only raise prices when utilisation is tight, and past episodes of domestic foundry price increases have tended to signal localisation-driven demand rather than a broad cycle upturn. The drone tariff proclamation is the other live thread, since tariffs with staggered effective dates have historically produced front-running of imports in the shorter window and supply-chain rerouting in the longer one. CK Hutchison's cautious guidance and Samsonite's attribution of North American weakness to tariff pressure and softer travel demand extend the tariff transmission into the consumer discretionary channel. Follow-ons are the US ADR reaction in the JD complex, any read-across to the wider foundry and equipment peer set, and whether further tariff proclamations follow the same staged structure.