Key News
1. Hang Seng Indexes Company Limited is soliciting market opinions on revisions to the Hang Seng TECH Index, proposing to expand the constituent stocks from 30 to 50.
Individual Stock News
1. The controlling shareholder and its concert parties of Aluminum Corporation of China (02600.HK) have cumulatively increased their holdings by approximately RMB 659 million.
2. China Jinmao (00817.HK) reported cumulative contracted sales of RMB 66.702 billion in the first seven months, an increase of 7.92% year-on-year.
3. JPMorgan Chase increased its holdings in Zhongji Xuchuang (03308.HK) by approximately 362,700 shares, at a price of approximately HKD 1,151.91 per share.
4. Agile Group (01813.HK) reported pre-sales of RMB 203 million in July, a decrease of 67.0% year-on-year.
5. Seazen Holdings (01030.HK) reported cumulative contracted sales of approximately RMB 7.218 billion in the first seven months, a decrease of 39.8% year-on-year.
6. Tencent Music (01698.HK) reported total revenue of RMB 8.93 billion in the second quarter, a year-on-year increase of 5.8%, and increased its share buyback program to US$400 million.
7. Minmetals Resources (01208.HK) announced its interim results: profit attributable to equity holders increased by 164% year-on-year to US$897 million.
8. China Qinfa (00866.HK): expects interim after-tax profit to be no more than RMB 290 million.
9. Yida Zong (01733.HK) issued a profit warning, expecting interim net profit to exceed HK$240 million, a year-on-year increase of over 80%.
