Hong Kong Stock Announcements: Four New Listings Debut Today Including Robotechnik and Kinwong; GAC Group Plans A-Share Issuance to Acquire 50% Stake in GAC Toyota

Stock News09:06

GAC Group (02238) intends to acquire a 50% equity interest in GAC Toyota, with GAC Motor becoming the second-largest shareholder.

NetDragon (00777) has entered into a memorandum with Jiuzhou to establish and operate a joint venture group and proposes to issue warrants.

COSCO Ship Energy (01138) will inject 1.7 billion yuan into its subsidiary Shanghai LNG to build professional transportation capabilities that are green, low-carbon, and industry-chain coordinated.

Leads Biolabs-B (09887) announced that its core product Vilisin® has received orphan drug designation in Japan.

Nuobikan (02635) plans a share placement at approximately a 13.61% discount to raise net proceeds of approximately HK$131.5 million.

SenseTime-W (00020) granted a total of approximately 127.5 million restricted share units.

CATL (03750) completed the issuance of 5 billion yuan in green technology innovation bonds.

New Listings

Direct Drive (06731): The Hong Kong public offering was oversubscribed 208.56 times, with an offer price of HK$21.60 per share.

Robotechnik (03757): The Hong Kong public offering was oversubscribed 8.65 times, with an offer price of HK$436 per share.

Kinwong (03228): The Hong Kong public offering was oversubscribed 94.25 times, with an offer price of HK$69.88 per share.

RA Materials (09607): The Hong Kong public offering was oversubscribed 3.39 times, with an offer price of HK$44 per share.

Earnings Data

Guoco Group (00053) released its annual results, with profit attributable to shareholders of HK$3.214 billion, a year-on-year decrease of 20%, and a final dividend of HK$2.9 per share.

FSE Lifestyle (00331) announced its annual results, with profit attributable to shareholders of approximately HK$418 million, a year-on-year decrease of 7.7%, and a final dividend of 17.6 HK cents per share.

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