PRE-MARKET CHINESE STOCKS NEWS: NVIDIA (NVDA) received purchase orders from Chinese customers and is in the process of restarting manufacturing for H200 China chips
China Literature (772 HK) - Co. FY (CNY) net rose to 859mln (prev. 856mln Y/Y), EBITDA fell to 614mln (prev. 1.38bln Y/Y), rev. was 7.37bln (prev. 7.37bln Y/Y). (Newswires)
Dongfeng Motor (489 HK) - Co. is to delist H shares today amid a merger by absorption, while it plans to distribute shares in its EV unit VOYAH to shareholders with shares in the unit expected to begin trading on Thursday. (Newswires)
Everest Medicines (1952 HK) - Co. signed a letter of intent for the acquisition of Hasten Biopharmaceuticals (Singapore). (Newswires)
Hong Kong Electric Investments (2638 HK) - Co. FY (HKD) net fell to 3.15bln (prev. 3.26bln Y/Y), EBITDA rose to 8.75bln (prev. 8.7bln Y/Y), rev. fell to 12.1bln (prev. 12.4bln Y/Y). (Newswires)
Mongolian Mining Corp. (975 HK) - Co. FY (USD) net fell to 6.1mln (prev. 242mln Y/Y), EBITDA fell to 203mln (prev. 496mln Y/Y), rev. fell to 823mln (prev. 1.04bln Y/Y). (Newswires)
Prudential plc (2378 HK) - Co. FY (USD) adj. operating profit rose 6% Y/Y to 3.31bln. (Dow Jones Newsplus)
Sinopharm Group (1099 HK) - Co. FY (CNY) net rose to 109mln (prev. 59mln Y/Y), EBIT rose to 151.3bln (prev. 57.3bln Y/Y), rev. fell to 7.34bln (prev. 7.43bln Y/Y). (Newswires)
Sunac China Holdings (1918 HK) - Co. guides FY (CNY) net loss of 12bln-13bln (prev. loss 25.7bln Y/Y). (Newswires)
Tencent Music Entertainment (1698 HK) - Co. Q4 (CNY) gross profit rose 19% Y/Y to 3. 86bln. total monthly active users fell 5% Y/Y to 528mln, while it sees Q1 2026 revenue to decline 9% Q/Q but rise 7% Y/Y to 7.0bln, Co. US-listed shares fell 25%. (Newswires)
Other News
US President Trump said regarding China that they are resetting the meeting, and it looks like it will happen in five weeks, while he looks forward to seeing Chinese President Xi and said they have a good working relationship. (Newswires)
NVIDIA (NVDA) received purchase orders from Chinese customers and is in the process of restarting manufacturing for H200 China chips, while it was also reported that NVIDIA is said to be preparing a version of Groq AI chips that can ship to China. (Newswires)
China’s state planner NDRC called Meta (META) and Manus executives last week to express concerns about Meta’s deal to acquire Manus. (NYT)