Key News
1. The Ministry of Finance and two other departments announced that subsidies will be provided for newly issued commercial personal housing loans for home purchases starting October 1st. Loans eligible for subsidies can reach up to 1 million yuan, with the finance department providing an annualized subsidy of 1%, for a maximum period of 5 years.
Stock News
1. IDT INT'L (00167.HK) subsidiary plans to purchase 40 AI servers for 127 million yuan.
2. Tongcheng New Materials (09607.HK): The actual controller plans to increase its holdings by 6.5 million to 13 million H shares.
3. Canggang Railway (02169.HK) plans to issue 600 million shares at a discount of approximately 7.29%, raising net proceeds of approximately HK$299.2 million.
4. CSPC Pharmaceutical Group (01093.HK): Its recombinant shingles vaccine (SYS 6052) received clinical trial approval in the United States.
5. Yinghai Group (08668.HK) expects its taxi operation business to begin generating revenue no later than the third quarter of 2027.
6. Shijibao (02033.HK) released its annual results: a loss attributable to shareholders of HK$81.85 million, an increase of 366.78% year-on-year.
7. Henghe Group (00513.HK) released its annual results: a loss attributable to shareholders of HK$626 million, an increase of 141.55% year-on-year.
8. Benmo Technology (06731.HK) signed a strategic cooperation agreement with Zhongxi Kechuang to promote the deep integration of rare earth new materials and robot terminal applications.
9. China Power (02380.HK): its consolidated total electricity sales in August 2026 were 11,573,345 MWh, a decrease of 1.26% compared to the same month last year.