①Sinopec Oilfield Services’ annual revenue exceeds 80 billion yuan. How fast is the year-on-year growth rate? ②China Southern Airlines’ passenger traffic in February increased by more than 10%. How did its cargo business perform?
Cailian Press, March 16 (Editor: Feng Yi) Cailian Press brings you today’s important announcements for Hong Kong stocks.
1) Corporate News
China Southern Airlines (01055.HK): In February, group passenger capacity input increased by 14.39% year-on-year; passenger traffic increased by 13.82% year-on-year, with a passenger load factor of 86.31%, down by 0.44 percentage points year-on-year; cargo traffic increased by 12.56% year-on-year.
PegBio-B (02565.HK): Reached an exclusive commercialization cooperation agreement with Tengrui Pharmaceutical for Paidakang in mainland China, with cumulative sales targets exceeding 10 billion yuan and receiving approximately 140 million Hong Kong dollars in rights fees.
Fosun Pharma (02196.HK): LBP-ShC4 received clinical trial approval.
CSPC Pharma (01093): Highly selective PDE4B inhibitor (SYH2059 inhalation powder) received clinical trial approval in China.
2) Performance Updates
Sinopec Oilfield Services (01033.HK): Revenue for 2025 was approximately 80.712 billion yuan, a year-on-year decrease of 0.5%; net profit was approximately 659 million yuan, a year-on-year increase of 4.3%.
CIFI Holdings Group (00884.HK): Expected net profit attributable to shareholders for the year is approximately 17 to 19 billion yuan, reversing losses from the previous year primarily due to gains from offshore debt restructuring; adjusted core loss of 7.5 to 9 billion yuan mainly due to reduced income caused by fewer completed real estate projects.
Qingdao Port (06198.HK): Total operating revenue for 2025 was 18.806 billion yuan, a year-on-year decrease of 0.71%; net profit increased by 0.7% year-on-year. During the period, container throughput reached 34.2 million TEUs, a year-on-year increase of 6.3%.
Modern Dental (03600.HK): Expected revenue for 2025 is between 3.675 and 3.775 billion Hong Kong dollars, representing an increase of approximately 9.2% to 12.2% year-on-year. Net profit is between 590 million and 610 million Hong Kong dollars, increasing by approximately 45.0% to 49.9% year-on-year.
Beike-W (02423.HK): For the fiscal year 2025, the group reported net revenue of RMB 94.6 billion, representing a year-on-year increase of 1.2%; net profit was RMB 2.991 billion, marking a year-on-year decrease of 26.7%.
Leapmotor (09863.HK): Revenue for 2025 reached RMB 64.73 billion, reflecting a year-on-year growth of 101.3%; the annual gross margin stood at 14.5%, reaching a record high; net profit amounted to RMB 540 million, reversing from a loss to profitability. The growth during the period was primarily driven by increased deliveries of vehicles and spare parts.
Chow Sang Sang (00116.HK): Net profit from continuing operations for 2025 is expected to range between HKD 1.6 billion and HKD 1.7 billion, compared to HKD 772 million in the same period last year. This improvement is mainly attributed to enhanced sales performance.
United Group (00373.HK): Announced a profit alert, expecting net profit for the year to be approximately HKD 2 billion to HKD 2.3 billion, reversing from a loss to profitability year-on-year.
Hopson Development (00733.HK): Reported a loss of HKD 280 million to HKD 330 million for 2025.
Green Leader Holdings (00061.HK): Anticipates net profit for 2025 to not exceed HKD 630 million, compared to HKD 1.577 billion in the same period last year.
3) Share Repurchase Updates
NetEase Cloud Music (09899.HK): Repurchased 102,000 shares at a total cost of HKD 14.995 million, with an average repurchase price of HKD 146.14 per share.
Xindong Corporation (02400.HK): Repurchased 110,000 shares at a total cost of HKD 7.8391 million, with repurchase prices ranging from HKD 69.45 to HKD 72.55 per share.
Yum China Holdings (09987.HK): Repurchased 18,800 shares at a total cost of HKD 7.7289 million, with repurchase prices ranging from HKD 408.8 to HKD 415 per share.
