stock news
1. Alibaba (09988.HK): Q4 revenue in fiscal year 2023 increased by 2% year-on-year to 208.2 billion yuan but fell short of market expectations. Net profit was 23.516 billion yuan, compared with a net loss of 16.241 billion yuan in the same period last year; An increase of 38% to 27.375 billion yuan. The company announced that it will start exploring the listing of Cainiao and Hema, and plans to spin off Alibaba Cloud for listing in the next 12 months.
2. Keike (02423.HK): Q1 revenue increased by 61.6% year-on-year to 20.278 billion yuan, net profit was 2.75 billion yuan, and the net loss in the same period last year was 618 million yuan; the total transaction volume was 971.5 billion yuan, a year-on-year increase of 65.8%.
3. Alibaba (09988.HK): Applying for the addition of RMB counters.
4. According to reports, Meituan (03690.HK) will launch a sister app called KeeTa in Hong Kong, China as early as next Monday. It is reported that the service will be piloted from the Mong Kok area, and it is unknown whether the coverage will be expanded.
5. On May 17, Country Garden (02007.HK) successfully acquired the SWG-2310 plot in Sanji District, Jiancaoping District, Taiyuan City, and the HGZ-2301 and HGZ-2302 plots in Xiaodian District the next day. The company expressed its preliminary plan The land will be used for the follow-up development of Taiyuan Country Garden Phoenix City project.
6. Shandong Xinhua Pharmaceutical Co., Ltd. (00719.HK): Valsartan Amlodipine Tablets (I) for the treatment of essential hypertension has been approved by the State Food and Drug Administration to issue the “Drug Registration Certificate”.
7. MicroPort Medical (00853.HK): It is proposed to spin off the shares of MicroPort Cardiac Rhythm Management Co., Ltd., a subsidiary company, and list them independently on the Main Board of the Stock Exchange.
8. COSCO SHIPPING Holdings (01919.HK): As of May 18, the controlling shareholder COSCO SHIPPING Group and its wholly-owned subsidiaries have increased their holdings of 305 million shares in the company, accounting for about 1.90% of the total share capital, with an amount of about 2.991 billion Yuan. The shareholding increase plan has been implemented.