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S&P Global: U.S. tariffs will significantly reduce cargo volumes for China’s port companies, but currently there is still enough financial space to cushion this.
Christopher Yip, the head of local government, infrastructure, and public utilities ratings at S&P Global China, believes that USA tariffs will significantly reduce cargo volumes for Chinese port enterprises (especially on the China-USA routes), while also impacting the operational performance of various ports. However, S&P Global believes that Chinese port enterprises currently still have sufficient financial room to buffer against the related negative factors. He explained that the aforementioned forecast primarily considers three major factors, including the strong financial buffers built by Chinese port operating enterprises over the past few years through good cargo volume growth and careful expense management; and that not all the routes of the relevant enterprises focus entirely on the USA market.
On April 17, buyback collection | AIA, HSBC Holdings, and others have made buybacks, among which AIA spent 0.244 billion Hong Kong dollars.
According to the document disclosed by HKEX on April 22, shares were repurchased by AIA (01299.HK), HSBC Holdings (00005.HK), among others. ① AIA (01299.HK) repurchased 4.5 million ordinary shares on April 17, involving an amount of 0.244 billion Hong Kong dollars, with a repurchase price ranging from 54.25 Hong Kong dollars to 53 Hong Kong dollars per share. Since the approval of the repurchase authorization resolution, the total number of securities repurchased has reached 0.558 billion shares, accounting for 4.962% of the total number of shares issued at the time of the ordinary resolution's passing. ② HSBC Holdings (00005.HK) on April 16
Sinotrans Limited (00598.HK) spent 14.72 million yuan to repurchase 2.995 million A shares on April 17.
On April 17, Gelonghui reported that Sinotrans Limited (00598.HK) announced the repurchase of 2.995 million A-shares at a cost of 14.72 million yuan.
April 16th buyback collection | AIA, HSBC Holdings, and others have made buybacks, with AIA spending 0.189 billion HKD.
According to the documents disclosed by HKEX on April 17, shares were repurchased by $AIA(01299.HK)$, $HSBC Holdings(00005.HK)$, and others. ① $AIA(01299.HK)$ repurchased 3.6 million ordinary shares on April 16, involving an amount of 0.189 billion Hong Kong dollars, with a repurchase price ranging from 52.85 Hong Kong dollars to 51.85 Hong Kong dollars per share. Since the resolution for the repurchase authorization, the cumulative number of repurchased securities has reached 0.553 billion shares, accounting for 4.922% of the number of shares issued at the time of the ordinary resolution approval. ② $HSBC Holdings(00005.HK)$ on April...
Announcement Highlights | Kingsoft Cloud plans to issue an additional 18.5 million ADS shares; Junzi Biotechnology proposes to discount approximately 9.5% for a rights issue, with a maximum net raise of nearly 2.3 billion HKD.
XTEP INT'L achieved a mid-single-digit year-on-year growth in retail sales of its main brand in the first quarter; HUANENG POWER's domestic power plants accumulated a total electricity output of 106.633 billion kilowatt-hours in the first quarter, a decline of 5.66% year-on-year.
On April 16, Sinotrans Limited (00598) spent 19.9948 million yuan to repurchase 4.0659 million A shares.
Sinotrans Limited (00598) issued an announcement, stating it will invest 19.9948 million yuan (RMB) on April 16, 2025.