CMGE & Tencent Cloud Team Up; Great Wall Motors Debuts in Mexico
Electricity power stocks lit up midday trading today. Hua Dian Power ($HUADIAN POWER 01071.HK$) charged up by 1.59%, while Huaneng Power ($HUANENG POWER 00902.HK$) saw an increase of 2.33%, and Da Tang Electric Power ($DATANG POWER 00991.HK$) surged close to 1%.
Other Market Notables Include:
Great Wall Motors ($GWMOTOR 02333.HK$) has made its debut in Mexico and has officially entered the Mexican market.
Air China ($AIR CHINA 00753.HK$) reported a fire incident on flight CA403. Preliminary investigations suggest that the fire was due to mechanical failure in the engine.
Guangzhou Automobile Group ($GAC GROUP 02238.HK$) reported sales of 49,500 new energy vehicles in August, marking a year-on-year increase of 62.68%.
Software publishers company CMGE Technology Group ($CMGE 00302.HK$ .HK) has signed a strategic cooperation agreement with Tencent Cloud, focusing on AIGC, WeChat mini-games, and multi-cloud collaboration.
Junshi Biosciences ($JUNSHI BIO 01877.HK$ .HK) plans to introduce external funds through a joint venture company to accelerate the research and development of ongoing projects in the field of tumor treatment.
Power Long Real Estate ($POWERLONG 01238.HK$) reported contract sales of RMB 20.67 billion in August, representing a year-on-year decrease of 23.7%.
Stay tuned for more updates from the Hong Kong Stock Market.
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