Stock News
1. Kuaishou (01024.HK) launched the Keling 2.5 Turbo model.
2. Postal Savings Bank of China (01658.HK) plans to absorb and merge its wholly-owned subsidiary, Youhui Wanjia Bank.
3. China Xinlianxin Fertilizer (01866.HK): The Jiangxi base industrial chain extension project (Phase I) successfully commenced production.
4. Hengrui Medicine (01276.HK): The drug marketing authorization application for SHR7280 tablets was accepted by the National Medical Products Administration.
5. Kingsoft Cloud (03896.HK) plans to offer 282 million ordinary shares to non-U.S. persons in an offshore transaction outside the United States.
6. Zhuo Neng (Group) (00131.HK) announced its annual results: a loss attributable to shareholders of approximately HK$989 million, a year-on-year turnaround from profit to loss. 7. Sino Biopharmaceutical (01177.HK): LM-2417, a "NaPi2b/4-1BB bispecific antibody," has enrolled the first patient in its Phase I clinical trial in China.
8. Jiufang Investment Holdings (09636.HK) subscribed to shares in EXIO Group Limited, accelerating its overseas digital asset business layout and market expansion.
9. Kingsoft Cloud (03896.HK): It placed 338 million shares at an 8.8% discount.
