PRE-MARKET CHINESE STOCKS NEWS: PBoC announced it will conduct CNY 500bln of 183-day outright reverse repos for today

361 Degrees International (1361 HK) - Co. reports Q1 core brand retail sales rose approx. 10% Y/Y and retail sales of 361° kids branded products for the first quarter. (Newswires)

China Evergrande Group (3333 HK) - Co. liquidators entered an exclusivity agreement with a selected bidder to sell its assets and agreed to conduct exclusive negotiations for the stake sale for a period of 3 months. (Newswires)

CStone Pharmaceuticals (2616 HK) - Co. to place 118mln new shares at HKD 8.97/shr. (Newswires)

HSBC (5 HK) - Co. head of private banking Liu said there is still a place for private credit in client portfolios, seen some flows into Asia on Middle East conflict and is confident in private credit offerings. (Newswires)

Huaneng Power International (902 HK) - Co. reports Q1 total electricity sold fell 4.8% Y/Y to 101GWh. (Newswires)

Shanghai International Airport (600009 CH) - Co. reports Mar Hongqiao passenger throughput rose 6.1% Y/Y to 4.4mln and cargo throughput rose 0.3% Y/Y to 36kt, Pudong passenger throughput rose 10.8% Y/Y to 7.4mln and cargo throughput rose 8.1% Y/Y to 372kt. (Newswires)

Shanxi Lu'an Environmental Energy Development Co. (601699 CH) - Co. reports Mar raw coal production rose 8.9% Y/Y to 5.1Mt and coal sales rose 12.5% Y/Y to 4.6Mt. (Newswires)

Sino-Ocean Group Holding (3377 HK) - Co. reports Mar (CNY) contracted sales 1.42bln (prev. 2.40bln Y/Y). (Newswires)

Zhejiang Huahai Pharmaceutical (600521 CH) - Co. prelim. FY25 (CNY) net 267mln (exp. 299mln), rev. 8.59bln (exp. 8.42bln). (Newswires)

Other News

PBoC announced it will conduct CNY 500bln of 183-day outright reverse repos for today. (Newswires)