Individual Stock News:
1. Hong Kong is about to see its largest IPO so far this year: Muyuan Foods plans to issue H shares to raise up to HK$10.7 billion.
2. R&F Properties (02777.HK): Overdue principal balance was RMB 36.81 billion as of the end of December.
3. Guangdong Investment (00270.HK) issued a profit warning: expects consolidated profit attributable to shareholders in 2025 to increase by approximately 43%.
4. Oriental Selection (01797.HK) released its interim results: profit attributable to shareholders was RMB 239 million, turning a loss into a profit year-on-year.
5. New Oriental-S (09901.HK): second-quarter net profit attributable to shareholders increased by 42.3% year-on-year to US$45.5 million.
6. Qingdao Bank (03866.HK) released its 2025 preliminary results: net profit attributable to shareholders was RMB 5.188 billion, an increase of 21.66% year-on-year.
7. Huaxin Building Materials (06655.HK): Expects net profit attributable to shareholders of RMB 2.7 billion to RMB 2.95 billion for 2025, representing a year-on-year increase of 11.6% to 21.9%.
8. Nine Dragons Paper (02689.HK): Issued a profit warning: Expects interim profit of approximately RMB 2.15 billion to RMB 2.25 billion, representing a year-on-year increase of 216.0% to 230.7%.
9. China Properties Investment (00736.HK): Signed a strategic cooperation memorandum of understanding with Nano Labs regarding cooperation in Web3 and digital asset-related fields.
10. Huabao International (00336.HK): Issued a profit warning: Expects a pre-tax loss of RMB 263 million to RMB 343 million for 2025, representing a year-on-year decrease of approximately 15% to 35%.
