Individual Stock News
1. Aux Electric (02580.HK) expects its interim net profit to decline to approximately RMB 1.1 billion year-on-year.
2. Yum China (09987.HK) released its second-quarter results: operating profit increased by 14% year-on-year to US$348 million.
3. PCCW (00008.HK) released its interim results: loss attributable to shareholders was HK$276 million, narrowing by 38% year-on-year.
4. Kingboard Holdings (00148.HK) issued a profit warning: expecting interim net profit to exceed HK$2.7 billion, an increase of more than approximately 4% year-on-year.
5. Kingboard Laminates (01888.HK) issued a profit warning: expecting interim net profit to exceed HK$2.8 billion, an increase of more than 200% year-on-year.
6. Meitu Inc. (01357.HK): expects its interim adjusted net profit attributable to shareholders to achieve a year-on-year increase of 36% to 40%.
7. Sinopharm (02096.HK) issued a profit alert: Revenue for the first half of the year is expected to be RMB 4.55 billion to RMB 4.61 billion, representing a year-on-year increase of approximately 26.9% to 28.6%.
8. US-China Healthcare (02453.HK) issued a profit alert: Gross profit for the first half of the year is expected to be approximately RMB 63 million to RMB 83 million, representing a year-on-year increase of approximately 16349% to 21571%.
9. Kingwing Investment (01328.HK) issued a profit alert: Interim profit attributable to shareholders is expected to be approximately HKD 176 million to HKD 185 million, representing a year-on-year increase of approximately 500% to 530%.
10. DeepTech (01384.HK) announced its interim results: Revenue reached approximately RMB 284 million, a year-on-year increase of 115%; gross profit was approximately RMB 160 million, a year-on-year increase of 120.5%; and net loss narrowed by 89.6% year-on-year.