Mid-day review: Three major indices fall together, with the tech index falling nearly 2%. The network technology and autos sectors are weak, with XPeng and NIO Inc falling over 5%.

As of press time, the Hang Seng Index fell by 0.59%, the CSI 300 fell by 0.78%, and the ChiNext fell by 1.8%; Baidu fell by more than 3%, Ctrip Group fell by nearly 3%, and bilibili fell by more than 2%.

Futu NewsJul 18 10:27

Li Xingyun, Deputy General Manager of Longyuan Electric Power: Energy iteration has caused companies to “make big waves and sand, if they don't advance, retreat” | Financial Interview

① Longyuan Electric Power has promoted green electricity hydrogen, ammonia, and alcohol production projects in Inner Mongolia, Gansu, Jilin, etc., and the first batch of projects that are progressing faster will have full construction conditions this year; ② Li Xingyun revealed that currently the short-term planned production capacity for the official green alcohol project is 200,000 tons/year; ③ Li Xingyun said that currently the green alcohol produced mainly supplies the shipping industry, and there is room for a premium in the marine fuel market.

cls.cnMay 16 14:20

In order to meet regulatory requirements, Shenzhen Energy Finance plans to withdraw from Huatai Insurance's shareholder list, and several finance companies are intensively “selling off” financial shares

① Huatai Insurance announced that Shenzhen Energy Finance plans to transfer all of its shares, and Shenzhen Energy will take over the shares; ② Shenzhen Energy stated that the share transfer was to meet the regulatory requirement that “finance companies are not allowed to invest in financial institutions and enterprises”; ③ several other finance companies are listing to transfer their shares in financial companies. The phenomenon of regulation forcing finance companies to withdraw from financial enterprises is prominent.

cls.cnMay 9 22:06

200 billion! The Guangdong New State-owned Fund is here

① Recently, Guangdong Hengjian Investment Partnership (Limited Partnership) was established with an investment amount of 20.02 billion yuan. LP is Hengjian Holdings under the Guangdong Provincial State-owned Assets Administration Commission; ② Recently, Hengjian Holdings took the lead in establishing Hengqin Guangdong-Macao Development and Investment Co., Ltd. to support industrial development in the Hengqin Guangdong-Macao Deep Cooperation Zone.

cls.cnApr 19 18:12

Coal and power business revenue increased, Jiangsu Guoxin's performance increased 30 times, and net profit exceeded 1.8 billion last year

① Jiangsu Guoxin released a quick performance report. Revenue in 2023 was 34.572 billion yuan, up 6.38% year on year; net profit was 1,871 billion yuan, up 3014.74% year on year; ② Jiangsu Guoxin said that coal market prices fell and marginal revenue from the coal and power business increased. At the same time, the financial sector's operating development was stable, and revenue continued to grow, which also contributed to a certain amount of profit.

cls.cnMar 11 20:25

Announcement Highlights: ZTE's net profit last year was 9.326 billion yuan, up more than 15% year on year; Shunyu Optical Technology: Mobile phone lens shipments increased 29.4% year on year in February

Profit attributable to China Tobacco Hong Kong's annual equity holders increased 60% to HK$599 million; Dongfeng Group shares issued a profit warning, and the annual net profit loss is expected to be no more than 4 billion yuan; Dongyangguang Changjiang Pharmaceutical: Guangdong Dongyangyang Pharmaceutical is considering absorbing the merged company through a share exchange and resumed trading on the 11th.

Futu NewsMar 11 08:01