Individual Stock News
1. NetEase Cloud Music (09899.HK): First-quarter net revenue was RMB 2 billion, an increase of 6.6% year-on-year.
2. SMIC (00981.HK): The China Securities Regulatory Commission approved the acquisition of a 49% stake in SMIC Northern.
3. Ronshine China (03301.HK): Total contracted sales for the first four months were approximately RMB 856.6 million, a decrease of 39.68% year-on-year.
4. Danno Pharmaceuticals-B (06872.HK): The Hong Kong public offering was oversubscribed by 9015.11 times, and the global offering raised net proceeds of approximately HKD 598 million.
5. Maiwei Bio-B (02493.HK): The latest clinical data of its innovative drug 9MW2821 will be presented at the 2026 American Society of Clinical Oncology Annual Meeting.
6. Hansoh Pharmaceutical (03692.HK): The fourth-generation EGFR-TKI HS-10504 tablets have been included in the Breakthrough Therapy designation, with a proposed indication for the treatment of locally advanced or metastatic non-small cell lung cancer (NSCLC) with EGFRC797S mutations after failure of EGFR-TKI therapy.
7. Innovent Biologics (01801.HK): Tyvyt combined with Aiyoute has been approved by the China National Medical Products Administration for the treatment of patients with advanced or metastatic renal cell carcinoma.
8. Tongcheng Travel (00780.HK) 2026Q1 Financial Report: Revenue was RMB 5.0058 billion, compared to RMB 4.3774 billion in the same period last year, an increase of 14.4% year-on-year; adjusted net profit increased by 19.4% year-on-year.
9. NetEase-S (09999.HK) announced its Q1 2026 results: net revenue of RMB 30.6 billion, up 6.1% year-on-year; net profit attributable to shareholders of the company of RMB 10.7 billion, up 3.62% year-on-year.
10. NIO-SW (09866.HK) released its Q1 results: total revenue of RMB 25.5327 billion, up 112.2% year-on-year; adjusted net profit of RMB 43.5 million, compared to an adjusted net loss of RMB 6.2791 billion in the same period last year.
11. Aluminum Corporation of China (02600.HK): plans to invest in the construction of an alumina project with an annual capacity of 1.2 million tons.
12. Lenovo Group (00992.HK) released its annual results, with profit attributable to shareholders of US$1.912 billion, up 38% year-on-year.
