Individual Stock News:
1. Baidu (09888.HK) announced that on January 1, 2026, Kunlun Core, through its joint sponsors, confidentially submitted a listing application form to the Hong Kong Stock Exchange.
2. Hua Hong Semiconductor (01347.HK): The board of directors approved the acquisition of equity in Huahong Microelectronics.
3. Chaoyun Group (06601.HK) plans to acquire 100% equity in Hebei Kangda for up to RMB 450 million.
4. Country Garden (02007.HK): The winding-up petition hearing has been further postponed to February 16, 2026.
5. CITIC Resources (01205.HK) issued a profit warning: It expects annual consolidated profit attributable to shareholders to be approximately HKD 170 million to HKD 230 million, a decrease of approximately 60% to 70% year-on-year. 6. Biren Technology (06082.HK) saw its public offering oversubscribed by 2347.53 times, raising net proceeds of approximately HK$5.3745 billion globally.
7. Huilong Holdings (08021.HK) announced its interim results: net profit of HK$75.967 million, a year-on-year increase of 149.19%.
8. China Power (02380.HK): November consolidated total electricity sales amounted to 10.0997 million MWh, a year-on-year increase of 15.38%.
