HKEX Announcement Highlights | PetroChina Subsidiary Plans Full Acquisition of Xinjiang, Xiangguosi, and Liaohe Gas Storage Facilities

Stock News12-04 23:08

【Major Developments】 - XIAO NOODLES (02408) sets final offer price at HK$7.04 per share, with Hong Kong public offering oversubscribed 425.97x. - TIANYU SEMI (02658) sees 60.63x oversubscription for Hong Kong public offering, listing scheduled for December 5. - PETROCHINA (00857) subsidiary proposes full acquisition of Xinjiang Gas Storage, Xiangguosi Gas Storage, and Liaohe Gas Storage assets. - CHINA HK POWER (00931) plans discounted share placement to International Finance Corporation to expand capital base, advances large-scale LNG project acquisition. - TECHSTARACQ-Z (07855) finalizes ~HK$371 million financing for Seyond Holdings Ltd., with NIO Group (09866) increasing subscription by HK$286.7 million. - Kelun-Biotech B (06990) enters strategic partnership with Crescent Biopharma to co-develop and commercialize oncology therapies. - Yee Hop Holdings (01662) subsidiary Trio AI collaborates with ABBY Pay to explore AI-driven payment processing solutions. - Quzhi Group (00917) forms strategic partnership with Dubai to advance HOLOX project. - Sihuan Pharma (02005) gains NMPA approval for Bilastine and Sodium Picosulfate as active pharmaceutical ingredients. - Sino Biopharm (01177) receives NMPA/FDA approval for clinical trials of TQF3250, an oral biased GLP-1 receptor agonist. - Country Garden (02007) secures creditor approval for onshore bond restructuring plan. - Logan Group (03380) restructures bonds totaling RMB13.66 billion face value. - United Energy Group (00467) completes reserve-backed loan arrangement.

【Share Buybacks/Stake Changes】 - TENCENT (00700) repurchases 1.044 million shares for HK$636 million on December 4. - Midea Group (00300) buys back 1.2177 million A-shares for RMB99.9982 million. - COSCO SHIPPING Holdings (01919) spends HK$41.8218 million repurchasing 3 million shares. - Kuaishou-W (01024) repurchases 445,000 shares for HK$29.923 million. - China Feihe (06186) acquires 6.281 million shares for HK$25.7521 million. - Kingsoft (03888) repurchases 355,600 shares for HK$9.99756 million. - Weimob (02013) Chairman Sun Taoyong increases stake by 1.534 million shares. - Green Tea Group (06831) proposes buyback of up to RMB130 million in shares.

【Operational Performance】 - GREENTOWN CHINA (03900) reports contracted sales of ~RMB223.5 billion in Jan-Nov, down 9.44% YoY. - China Overseas Grand Oceans (00081) records contracted sales of RMB29.615 billion, down 16.6% YoY. - China Overseas Land (00688) achieves property sales of ~RMB211.399 billion, down 21.8% YoY. - Sunac China (01918) posts contracted sales of RMB33.89 billion, down 25.34% YoY. - Gemdale Commercial (00535) reports sales of RMB9.874 billion, down 43.5% YoY. - Ronshine China (01996) records contracted sales of RMB4.181 billion, down 47.87% YoY. - Country Garden (02007) discloses November equity contract sales of ~RMB2.35 billion.

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