PRE-MARKET CHINESE STOCKS NEWS: Earnings from Kingsoft and Kuaishou Technology

Antengene Corporation (6996 HK) - Co. received CDE endorsement to conduct a pivotal Phase III CLINCH-3 study of ATG-022 in CLDN18.2+ advanced gastric or gastroesophageal junction adenocarcinoma. (Newswires)

China Qinfa Group (866 HK) - Co. stock lockup is due to expire on June 3. (Newswires)

HSBC Holdings (5 HK) - Co.’s AUD 26bln mortgage book has reportedly drawn interest from Blackstone. (The Australian)

Kingsoft Corporation (3888 HK) - Co. Q1 (CNY) net 1.09bln (prev. 283.9mln Y/Y), rev. 2.42bln (prev. 2.34bln Y/Y), and said its acting CFO will leave. (Newswires)

Kingsoft Cloud (3896 HK) - Co. Q1 (CNY) loss/share 0.08 (prev. loss USD 0.08 Y/Y), rev. 2.70bln (exp. 2.58bln), normalized adj. op margin -2.2% (prev. -2.9% Y/Y). (Newswires)

Kuaishou Technology (1024 HK) - Co. Q1 (CNY) adj. net 3.37bln (exp. 3.03bln), adj. EBITDA 6.23bln (exp. 5.63bln), rev. 33.7bln (exp. 33.4bln), said Kling AI commercialisation accelerated, with Q1 2026 revenue exceeding RMB 650mln, up more than 300% Y/Y, while March annualised revenue run-rate reached around USD 500mln, and affirmed FY26 CAPEX at around RMB 26bln. (Newswires)

RoboSense Technology (2498 HK) - Co. Q1 (CNY) net loss 64.2mln (prev. loss 99.6mln Y/Y), rev. 458.8mln (prev. 327.8mln Y/Y), with LiDAR sales volume at 330k units (prev. 109k Y/Y). (Newswires)

Topsports International Holdings (6110 HK) - Co. FY25 (CNY) net 1.27bln (exp. 1.27bln), rev. 25.74bln (exp. 25.5bln). (Newswires)

Other News

China Commerce Ministry said the EU recently introduced a series of protectionist trade restrictions, reiterated that countries should jointly support free trade and multilateralism, and said it will strengthen dialogue and consultation with Germany.