Key News
1. Apple announces reduction in App Store commission rates in China.
Individual Stock News
1. Li Auto (02015.HK): Net profit for 2025 is expected to be RMB 1.1 billion, a year-on-year decrease of 85.8%; total revenue for the first quarter of 2026 is expected to be RMB 20.4 billion to RMB 21.6 billion, a year-on-year decrease of 21.3% to 16.7%.
2. Federal Pharmaceuticals (03933.HK) issues profit warning: 2025 profit is expected to fall to approximately RMB 2 billion.
3. Youzan (08083.HK) releases annual results: Profit attributable to shareholders is RMB 163 million, turning a profit year-on-year.
4. Guoquan (02517.HK) releases annual results: Profit attributable to shareholders is RMB 433 million, a year-on-year increase of 87.76%.
5. Qidian Guofeng (01280.HK): Subsidiary enters into a sales contract for 200 AI servers, with a total consideration of approximately RMB 278 million.
6. China Merchants Land (00978.HK) released its annual results: a loss attributable to shareholders of RMB 2.201 billion, an increase of 18.93% year-on-year.
7. Quzhi Group (00917.HK) announced its 2025 results: a profit attributable to owners of the parent company of approximately RMB 286 million, turning a profit year-on-year.
8. Huanghe Industrial (00318.HK): is in discussions with an independent third party regarding a potential investment in technology (including artificial intelligence).
9. CITIC Securities (06030.HK): a Hong Kong subsidiary is under investigation by the Hong Kong Securities and Futures Commission and the Independent Commission Against Corruption (ICAC), but all of the company's businesses are operating normally.
10. MTR Corporation (00066.HK) released its annual results: a net profit attributable to shareholders of HKD 14.677 billion, a decrease of 6.9% year-on-year, with a final dividend of HKD 0.89 per share.
