Individual Stock News:
1. NetEase (09999.HK) announced its 2025 results: net profit attributable to shareholders of approximately RMB 33.76 billion, a year-on-year increase of 13.68%.
2. NetEase Cloud Music (09899.HK) announced its 2025 results: adjusted net profit of approximately RMB 2.86 billion, a year-on-year increase of 68.2%.
3. Q Technology (01478.HK): January sales of mobile phone camera modules reached 41.482 million units, a decrease of 3.7% month-on-month and an increase of 19.5% year-on-year.
4. Value Partners Group (00806.HK) issued a profit warning: expecting a significant increase in consolidated profit attributable to owners of the company to approximately HKD 660 million in 2025.
5. China Resources Power (00836.HK): January electricity sales from its subsidiary power plants reached 23,788,790 MWh, an increase of 28.4% year-on-year. 6. Ribobio (06938.HK) entered into an exclusive global licensing agreement with Madrigal for certain siRNA assets. The Group will receive an initial payment of US$60 million, with a cumulative payment of US$4.4 billion, plus potential royalties from net sales, if certain development, regulatory, and commercialization milestones are achieved.
7. Seazen Holdings (01030.HK) completed a placement of 198 million shares, raising net proceeds of approximately HK$469 million.
8. GigaDevice (03986.HK) issued 4.3373 million shares due to the full exercise of its over-allotment option.
9. Road King (01098.HK): Total property sales in 2025 are projected to be RMB 7.39 billion, a decrease of 40.7% year-on-year.
10. Hengrui Medicine (01276.HK): Trastuzumab for injection was included in the Breakthrough Therapy List.