Individual Stock News
1. China Coal Energy (01898.HK): Sales of marketable coal in the first five months reached 98.31 million tons, a year-on-year decrease of 8.1%.
2. China Southern Airlines (01055.HK): Passenger traffic in May decreased by 4.2% year-on-year.
3. CITIC Resources (01205.HK) issued a profit warning: It expects interim consolidated profit attributable to shareholders to be approximately HK$238 million to HK$322 million, an increase of approximately 57% to 112% year-on-year.
4. Controlling stake in Pujiang China (01417.HK) changed hands after a cash offer from Sun Taoyong, Chairman of the Board of Directors of Weimob Group (02013.HK), at a discount of approximately 72.25%.
5. Henry Gard Group (03638.HK) issued a profit warning: It expects annual profit to be approximately HK$25 million to HK$30 million, turning a profit from a loss in the same period last year.
6. China Development Holdings (00475.HK) issued a profit warning: It expects the annual loss attributable to shareholders to widen to approximately HK$25 million to approximately HK$27 million year-on-year.
7. Midland Group (01200.HK) issued a profit alert: It expects significant growth in interim pre-tax profit and profit attributable to equity holders.
8. Agile Group (01813.HK): Entered into a restructuring support agreement with certain initial participating creditors.
