Individual Stock News
1. The State Administration for Market Regulation conditionally approved Tencent Holdings' (00700.HK) acquisition of Himalaya's equity.
2. Tencent Music (01698.HK): Total revenue for Q1 2026 was RMB 7.9 billion, a year-on-year increase of 7.3%.
3. China Resources Land (01109.HK): Total contracted sales in April were approximately RMB 25.88 billion, a year-on-year increase of 49.6%.
4. JD Logistics (02618.HK): Q1 2026 revenue was RMB 60.58 billion, compared to an estimated RMB 58.51 billion.
5. Pop Mart (09992.HK): Q1 2026 overall revenue is expected to increase by 75%-80% year-on-year compared to Q1 2025.
6. JD Health (06618.HK): Q1 2026 revenue was RMB 19.47 billion, a year-on-year increase of 17%; Q1 operating profit was RMB 1.82 billion, a year-on-year increase of 70%. 7. China Resources Power (00836.HK): Electricity sales from its subsidiary power plants increased by 14.9% in the first four months of 2026, while sales from its subsidiary wind farms decreased by 2.1%, and sales from its photovoltaic power plants increased by 45.3%.
8. JD.com (09618.HK): Q1 2026 revenue was RMB 315.7 billion, compared to RMB 301.08 billion in the same period last year, representing a year-on-year increase of 4.9%; Q1 net profit was RMB 5.1 billion, compared to RMB 10.9 billion in the same period last year.
9. Three listed subsidiaries of JD.com plan to repurchase company shares. JD Health (06618.HK), JD Logistics (02618.HK), and JD Industry (07618.HK) announced on the Hong Kong Stock Exchange that they plan to repurchase US$1 billion, US$1.2 billion, and US$200 million of company shares, respectively.
