Hong Kong Stock Announcement Highlights: China Telecom's First Three Quarters Profit Attributable to Shareholders Reaches 26.207 Billion Yuan, Down 14.8% Year-on-Year

Stock News10-23

Major Developments:

CITIC Ltd (00267): CITIC Special Steel (000708.SZ) plans to contribute 389 million yuan to establish a new materials fund.

Hengrui Pharmaceuticals (01276): Rivilutamide tablets receive drug clinical trial approval notice.

Zhongwei New Materials (02579) is planning the restructuring of an Indonesian nickel mine, intending to acquire control of DDL and ANHI.

iFlytek Healthcare Technology (02506) has fully completed a major upgrade of its Spark Healthcare Large Model trained entirely on domestic computing power, with Spark Healthcare Large Model V3.7 officially released.

Longpan Technology (02465) subsidiary plans to sell 76% equity in the Indonesian Phase II lithium iron phosphate cathode materials project.

Senhao Group (08285) will see a change in controlling shareholders, with a mandatory general offer at approximately 34.9% premium, resuming trading on October 23.

Operating Results:

China Telecom (00728) reported profit attributable to shareholders of 26.207 billion yuan for the first three quarters, down 14.8% year-on-year.

CITIC Ltd (00267): Nanjing Steel (600282.SH) reported net profit attributable to parent company of approximately 1.799 billion yuan for the first three quarters, down 17.35% year-on-year.

China Hongqiao (01378): Hongqiao Holdings (002379.SZ) reported net profit attributable to shareholders of 23.294 billion yuan in the third quarter, up 69.86% year-on-year.

Prada (01913) reported net revenue of 4.541 billion euros for the first three quarters, up 14.5% year-on-year.

Chow Tai Fook (01929) reported a 0.5% year-on-year decline in retail value for the second quarter.

Luk Fook Holdings (00590) reported an 8% year-on-year increase in overall retail value for the second quarter.

Ping An Good Doctor (01833) reported net profit of 248 million yuan for the first three quarters, up 35% year-on-year.

Chizicheng Technology (09911) expects total revenue of approximately 927 million to 948 million US dollars for the first nine months, representing a year-on-year increase of approximately 33.8% to 36.8%.

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