What happened to the 'middle letter'?
Today, stocks beginning with middle letter experienced a widespread decline. China CSSC plummeted by over 9%, China Communications Construction Corporation dropped by 7.5%. China Railway Construction Corporation, China Shipbuilding Industry, CSSC Offshore & Marine Engineering all saw declines of over 6%.
HK Stock Opportunity Tracking | August New Energy Vehicle Performance Released! Xiaomi has exceeded 10,000 for three consecutive months, and Ideal Auto Delivery has increased by 37.8% year-on-year. Miniso plans to repurchase no more than HKD 2 billion sha
Industrial and commercial bank of China's revenue in the first half of the year was 401.999 billion yuan, a decrease of 6.3%; China Construction Bank Corporation's operating income in the first half of the year was 374.831 billion yuan, a decrease of 3.43%; Alibaba spent 59.973 million US dollars to repurchase 5.9226 million shares.
Affected by the intensified competition in the rail transit market, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first half of the year. It will still take time for the low-altitude business to contribute
①Regarding the decrease in revenue, China Railway Signal & Communication Corporation stated that the company is focusing on the development of its main tasks, promoting the transformation and upgrading of traditional industries, preventing operational risks, and the income from engineering projects has decreased. ②In the first half of 2024, the company's total newly signed contract amount accumulated to 21.023 billion yuan, a year-on-year decrease of 33.62%.
Hong Kong stock opportunities tracking: Zijin Mining Group's net income in the first half of the year exceeded 15 billion yuan, a year-on-year increase of more than 46%; Zhaojin Mining's net income in the first half of the year increased more than twice.
HKEX relaxes the market cap threshold for listing special technology companies; Financial Secretary Paul Chan: Still need to carefully assess the impact of the decline in US interest rates, etc.
Times Electric's net profit in the first half of the year increased by 30.56% year-on-year. Some of the investment projects are delayed.
1. Times electric stated that in the first half of 2024, revenue growth benefited from the growth of railroad investments, passenger traffic recovery, and other factors, with the year-on-year growth of the acceptance and delivery volume of rail transportation products. 2. Times electric's subsidiary, Yixing Zhongche Times Semiconductors Co., Ltd., plans to invest approximately 0.946 billion yuan in the construction of medium and low voltage power component production capacity (Yixing) project.
Hong Kong Stock Market Preview | Tencent Music's second-quarter paid user count reached a record high; China Energy Construction signed a contract with a Saudi solar project involving nearly 7 billion yuan.
The Guangdong-Hong Kong-Macao Cooperative Development Investment Promotion Conference was held in Hong Kong; Cui Dongshu, Secretary General of the China Passenger Car Association, stated that the domestic retail sales of gasoline cars in June and July have significantly declined, which has restrained the growth of the automobile market; Everg Services is expected to see a decline of approximately 40% in mid-term profits.