GMT EIGHT - OPPORTUNITIES IN CHINA

YESTAR HEALTH (02393) issued a profit warning, expecting a mid-term comprehensive net loss of no less than 450,000 yuan, turning from profit to loss year-on-year.

Giant Star Medical Holdings (02393) announced that compared to the Group's unaudited consolidated net profit of approximately RMB 11.1 million for the six months ending June 30, 2025 (the 2025 interim period), the Group expects to incur an unaudited consolidated net loss of not less than RMB 450,000 for the six months ending June 30, 2026 (the 2026 interim period).

Shipping through the Strait of Hormuz has nearly come to a halt! The Middle East energy sector is desperately seeking an outlet, and LNG suppliers are unusually resorting to ship-to-ship transfers.

Although the game between the United States and Iran over the vital shipping route of the Strait of Hormuz is ongoing, suppliers are still working hard to ensure that fuel continues to flow from the Persian Gulf to global markets.

GUOQUAN (02517) announced its interim results, with core operating profit of 225 million yuan, an increase of 18.3% year-on-year.

Guoquan (02517) announced its mid-year results for 2026, with revenue of approximately 3.947 billion yuan, an increase of 21.8% year-on-year. Gross profit was about 849 million yuan, up 18.3% year-on-year. Net profit was approximately 213 million yuan, a year-on-year increase of 12.1%. Core operating profit stood at 225 million yuan, an increase of 18.3% year-on-year. Basic and diluted earnings per share were 0.0807 yuan, with an interim dividend of 0.0503 yuan per share (tax included).

MICOT PHARMA-B (02335): The research on XTL6001 has been accepted for presentation at EASD 2026 and ASN KIDNEY WEEK 2026.

Mack Pharma-B (02335) announced that the research results of one of the group's main products, XTL6001, have been accepted for presentation at multiple prestigious internationally recognized academic conferences in the fields of diabetes, metabolic diseases, and kidney diseases. Following its initial report at the ADA, further analysis will be presented at the upcoming EASD and ASN annual meetings.

GUOQUAN (02517) will distribute a mid-term dividend of 0.0503 yuan per share on October 28.

Guoquan (02517) announced that the company will distribute a mid-term dividend of 0.0503 RMB per share on October 28, 2026.

New Stock Trends | Chuanxing Dongjiyuan plans to go public in Hong Kong, raising up to HKD 7.8 billion.

According to reports citing informed sources, Beijing Xingdong Jiyuan Technology Co., Ltd. (Robotera) plans to launch its initial public offering (IPO) in Hong Kong.

The Hong Kong Foundation for Unity welcomes the implementation of the first batch of AI efficiency enhancement projects by the Hong Kong government and advocates for the establishment of an effectiveness evaluation mechanism.

The Unity Hong Kong Fund welcomes the implementation of the first batch of projects aimed at enhancing AI efficiency by the Hong Kong government.

CONANT OPTICAL (02276) announced its interim results, with a profit attributable to shareholders of 301 million yuan, an increase of 10.4% year-on-year.

Kangnate Optical (02276) announced its results for the six months ending June 30, 2026. During this period, the group achieved revenue of 1.167 billion yuan, a year-on-year increase of 7.6%; profit attributable to equity holders of the parent was 301 million yuan, a year-on-year increase of 10.4%; basic and diluted earnings per share were 0.63 yuan; a mid-term dividend of 0.2 yuan per share is proposed.

SINOPEC SSC (01033) announced its interim results, reporting a net profit attributable to shareholders of 510 million yuan, a year-on-year increase of 3.5%.

Sinopec Oilfield Service (01033) announced its half-year results for 2026, during which the group achieved operating revenue of 37.664 billion yuan, an increase of 1.7% year-on-year; the net profit attributable to shareholders of the listed company was 510 million yuan, an increase of 3.5% year-on-year; basic earnings per share were 0.027 yuan.

STAR SPORTS MED (01609) announced its interim results, with a net profit of 27.402 million yuan, a year-on-year decrease of 26.1%.

Tianxing Medical (01609) announced its mid-term performance for 2026, with revenue of approximately 163 million yuan, a year-on-year increase of 21.6%; net profit of 27.402 million yuan, a year-on-year decrease of 26.1%; adjusted profit of 48.897 million yuan, a year-on-year increase of 24.3%; basic earnings per share of 0.57 yuan.

COWELL (01415) announced its interim results, with net profit attributable to equity shareholders of approximately $89.874 million, an increase of about 33.3% year-on-year.

Gao Wei Electronics (01415) announced its mid-term performance for 2026, with revenue reaching approximately $1.605 billion, an increase of about 18% year-on-year. The net profit attributable to shareholders was approximately $89.874 million, representing a year-on-year growth of about 33.3%; the basic earnings per share were 10.4 cents.

HWORLD-S (01179) released its interim results, with total revenue of 13.117 billion yuan, an increase of 10.96% year-on-year.

Huazhu Group-S (01179) announced its second quarter and interim results for 2026. In the second quarter of 2026, the group achieved total revenue of 7.121 billion yuan, a year-on-year increase of 10.82%; the net profit attributable to Huazhu Group Limited was 1.577 billion yuan, a year-on-year increase of 2.14%; basic earnings per share were 0.5 yuan.

ZHIDA TECH (02650) releases three positive signals in its 2026 mid-term report: significant growth overseas, AI energy + Siasun Robot & Automation full chain closure, and a substantial increase in platform-based revenue.

On August 17, Zhida Technology (02650) released its mid-term performance announcement for 2026, sending a clear signal to the market that its strategic transformation has shifted from the "investment phase" to the "realization phase."

CLIFFORDML (03686) issued a profit warning, expecting a mid-term loss attributable to shareholders and a total comprehensive loss of approximately 2.4 million to 4.4 million yuan.

Qifu Lifestyle Services (03686) announced that the Group expects to record a loss attributable to the company's owners and a total comprehensive loss ranging from approximately RMB 2.4 million to RMB 4.4 million in the first half of 2026, representing a significant change compared to the profit attributable to the company's owners and total comprehensive income of approximately RMB 75.1 million recorded in the first half of 2025.

HWORLD-S (01179) will distribute a common stock dividend of $0.087 per share on September 15.

Huazhu Group-S (01179) announced that the company will distribute a regular dividend of $0.087 per share on September 15, 2026.

SHOUGANG CENT (00103) plans to establish a joint venture with Beautiful Realm Capital to jointly explore the global market for industrial artificial silk products.

Shoujia Technology (00103) announced that the company has recently signed a cooperation intention agreement with Hong Kong Beautiful Realm European M&A Fund (Phase One) Limited (Beautiful Realm Capital). According to this agreement, both parties have initially planned to jointly establish a joint venture, aimed at achieving complementary advantages and a strong alliance in the field of tire frame materials, and collaboratively expanding the global industrial synthetic fiber product market.

SINOPEC SSC (01033) subsidiary intends to acquire a 50% stake in the Mexican company DS and 0.01% interests in the EBANO project held by D&S company.

Sinopec Oilfield Service Corp (01033) announced that DS Company in Mexico is a joint venture of the company, with the company's wholly-owned subsidiary, Guogong Company, and DIAVAZ each holding a 50% stake. The main business involves acting as the operator of the EBANO project, responsible for the crude oil production activities of the EBANO oilfield.

ZHIDA TECH (02650) announced its interim results, achieving revenue of 340 million yuan, with electric vehicle charging pile sales in Thailand increasing by approximately 304.3%.

Zhida Technology (02650) announced its interim results for the six months ending June 30, 2026, with a revenue of 340 million RMB; it reported a loss of 117 million RMB for the period; the basic loss per share was 0.39 RMB.

Northbound funds | Beijing's net buying amounted to 3.077 billion. Beijing aggressively bought Semiconductor Manufacturing International Corporation (00981) over 1.7 billion Hong Kong dollars and continued to reduce its holdings in Hua Hong Grace Semiconductor (01347).

On August 17, in the Hong Kong stock market, Northbound trading recorded a net purchase of 3.077 billion HKD. Among them, the Shanghai-Hong Kong Stock Connect had a net purchase of 1.974 billion HKD, while the Shenzhen-Hong Kong Stock Connect had a net purchase of 1.103 billion HKD.

Guangzhou Baiyunshan Pharmaceutical Holdings (00874): Tianxin Pharmaceutical has received the "Official Drug Registration Certificate" issued by the Macau Health Bureau.

White Cloud Mountain (00874) announced that recently, Guangzhou White Cloud Mountain Pharmaceutical Group Co., Ltd. (hereinafter referred to as "the Company")'s controlling subsidiary, Guangzhou White Cloud Mountain Tianxin Pharmaceutical Co., Ltd. (hereinafter referred to as "Tianxin Pharmaceutical"), received the "Registration Certificate for Products" issued by the Macao Special Administrative Region Government's Drug Regulatory Authority.

SUCCESSUNIVERSE (00487) issues a profit warning, expecting a consolidated loss for the first half of the year to increase by approximately 50% to 70% compared to the same period last year.

Shide Global (00487) announced that it expects the group's consolidated loss for the first half of 2026 to increase by approximately 50% to 70% year-on-year, compared to a consolidated loss of about HKD 34 million for the same period in 2025. The increase in consolidated loss is primarily due to the cessation of operations at the Six Senses Casino on November 29, 2025, leading the group to incur losses related to its investment in Six Senses (the group's flagship investment project) in the first half of 2026, whereas the group recognized a profit of approximately HKD 49 million from those joint ventures in the same period last year.

CHOW SANG SANG (00116) announced a positive profit alert, expecting that the interim profit attributable to shareholders from continuing operations will reach approximately HKD 2.1 billion to HKD 2.2 billion, a year-on-year increase.

Chow Sang Sang (00116) announced that for the six-month period ending June 30, 2026 (the period), the Group expects to achieve a profit attributable to owners of the company from continuing operations of approximately HKD 2.1 billion to HKD 2.2 billion, compared to HKD 910 million for the same period in 2025. The expected growth is primarily attributed to: improved sales performance in the retail business segment in major markets and unrealized gains from precious metal lending revalued at market value, whereas the same period last year saw unrealized losses.

YIDA CHINA (03639) reported a contract sales amount of approximately 298 million yuan for the first seven months, a year-on-year decrease of 37.66%.

Yida China (03639) announced that in July 2026, the Group's contracted sales amount to approximately RMB 54 million, and the Group's equity contracted sales amount to approximately RMB 54 million. During the same period, the Group's sales area was 3,275 square meters, and the equity sales area was 3,275 square meters. The Group's average sales price was approximately RMB 16,400 per square meter, and the average equity sales price was approximately RMB 16,400 per square meter.

CHERVON (02285) will distribute an interim dividend of HKD 0.3258 per share on September 18.

Quan Feng Holdings (02285) announced that it will distribute a mid-term dividend of HK$0.3258 per share on September 18, 2026.

Southbound funds net bought HKD 3.077 billion today.

In the context of the Hong Kong Stock Connect (Shanghai), Zhipu and SMIC received net purchases of HK$1.783 billion and HK$584 million respectively; Hua Hong Semiconductor had the highest net sell-off, amounting to HK$819 million. In the Hong Kong Stock Connect (Shenzhen), SMIC and Tencent Holdings received net purchases of HK$1.19 billion and HK$280 million respectively; Changfei Optical Fiber Cable had the highest net sell-off, amounting to HK$143 million.

Tencent Holdings: On August 17, repurchased 673,000 shares, costing approximately HKD 301 million.

Tencent Holdings announced that the company repurchased 673,000 shares on August 17, 2026, at a repurchase price between HKD 442.6 and HKD 450 per share, with a total expenditure of approximately HKD 301 million.

BILLION IND (02299) will distribute an interim dividend of HKD 0.11 per share on October 22.

Baihong Industrial (02299) announced that the company will distribute a mid-term dividend of HKD 0.11 per share on October 22, 2026.

SHENZHEN INVEST (00604) issued a profit warning, anticipating a mid-term comprehensive loss attributable to shareholders of approximately HK$1.9 billion to HK$2.1 billion.

Shenzhen Holdings (00604) announced that it expects the Group to record an unaudited consolidated loss attributable to equity shareholders of approximately HK$1.9 billion to HK$2.1 billion for the six months ending June 30, 2026 (the period). For the same period in 2025, the Group recorded an unaudited consolidated loss attributable to equity shareholders of approximately HK$2.62 billion.

Zhaojin Gold: In the first half of 2026, net profit reached 227 million yuan, a year-on-year increase of 407.44%.

Zhaojin Mining announced that in the first half of 2026, the operating income reached 363 million yuan, an increase of 85.13% year-on-year; the net profit attributable to shareholders of the listed company was 227 million yuan, a year-on-year increase of 407.44%; and the net profit excluding non-recurring gains and losses was 104 million yuan, a year-on-year increase of 666.39%. The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase capital through the accumulation fund.

In the first seven months, CHINA RES POWER (00836) recorded a cumulative electricity sales volume of 143 million megawatt-hours, an increase of 10.9% year-on-year.

China Resources Power Holdings Company Limited (00836) announced that in July 2026, the electricity sales volume of its subsidiary power plants reached 22.8091 million megawatt-hours, an increase of 1.9% year-on-year. Among them, the electricity sales of subsidiary wind farms amounted to 4.4744 million megawatt-hours, an increase of 14.0% year-on-year; the electricity sales of subsidiary photovoltaic power stations reached 1.8855 million megawatt-hours, an increase of 18.0% year-on-year.

ALLTRONICS (00833) issues profit warning, expecting that the profit attributable to shareholders for the first half of the year will decrease by approximately 60%-70% year-on-year.

China Communications (00833) announced that it expects the group's profit attributable to company owners in the first half of 2026 to decrease by approximately 60% to 70% year-on-year, while the profit attributable to company owners for the same period in 2025 was about 41 million Hong Kong dollars.

China Coal Energy (01898) sold 20.63 million tons of commercial coal in July, a 2.6% decrease year-on-year.

China Coal Energy (01898) announced that in July 2026, the output of commercial coal was 10.81 million tons, a year-on-year decrease of 2.2%; the sales of commercial coal were 20.63 million tons, a year-on-year decrease of 2.6%.

BILLION IND (02299) released its interim results, with profit attributable to shareholders of 985 million yuan, an increase of 161.57% year-on-year.

Baijun Industrial (02299) announced its results for the six months ended June 30, 2026. During the period, the group achieved revenue of 12.712 billion yuan, an increase of 34% year-on-year; the profit attributable to shareholders was 985 million yuan, an increase of 161.57% year-on-year; the basic earnings per share were 0.47 yuan.

CREATIVE CHINA (08368) issued a profit warning, expecting a mid-term loss of approximately 827,000 yuan, a year-on-year reduction.

China Creative Holdings (08368) announced that, compared to the loss of approximately RMB 6 million for the same period in 2025, the company expects to incur a loss of approximately RMB 827,000 for the six months ending June 30, 2026 (the period). The Board of Directors believes that the reduction in loss for the period compared to the same time in 2025 is mainly due to the increase in revenues from the television/film production and related services and film copyright investment segments.

FIRST SERVICE (02107) issues a profit warning, expecting a net profit of no more than 28 million yuan for the interim period.

First Service Holdings (02107) announced that the group's net profit for the six months ending June 30, 2026 (the "period") is expected to not exceed RMB 28 million, compared to approximately RMB 39.6 million for the same period in 2025. The profit attributable to the company's equity shareholders for the period is expected to not exceed RMB 21 million, while in the same period of 2025, it was about RMB 28.2 million. This decrease is mainly due to the group's proactive optimization of its project portfolio and an orderly exit from several projects with lower profit margins, resulting in reduced revenue, while operating costs have not proportionally decreased in the short term, leading to a decline in gross profit.

The National Development and Reform Commission has deployed efforts to accelerate the issuance of new policy-based financial instruments for 2026 and increase support for private investment projects.

On August 14, Comrade Yue Xiuhu, a member of the Party Leadership Group and Deputy Director of the National Development and Reform Commission, presided over a work meeting to deploy efforts to accelerate the introduction of new policy financial instruments by 2026 and to increase support for private investment projects.

CHERVON (02285) announced its interim results, with adjusted net profit of approximately $106 million, a year-on-year increase of 39.9%.

Quanfeng Holdings (02285) announced its mid-term results for 2026, reporting revenue of approximately $1.029 billion, a year-on-year increase of 12.8%; the gross profit margin rose from 33.3% to 39.3%. During the period, profit was approximately $106 million, a year-on-year increase of 11.6%; adjusted net profit was around $106 million, a year-on-year increase of 39.9%; basic earnings per share were $0.21, with an interim dividend of HK$0.3258 per share.

HUA LIEN INT'L (00969) issued a profit warning, expecting a mid-term net loss of approximately HKD 5 million to HKD 15 million.

Hualian International (00969) announced that it expects the group to incur a net loss of approximately HKD 5 million to HKD 15 million for the six months ending June 30, 2026 (the reporting period), compared to a net loss of approximately HKD 13.1 million for the six months ending June 30, 2025. Overall, the group's net loss for the reporting period is expected to remain at a similar level compared to the same period last year.

Hong Kong Futures Exchange: The optimization of the daily settlement price method for flagship products such as the Hang Seng Index will officially take effect on August 31.

From the effective date, the daily settlement price of the products will be determined according to the optimized daily settlement price method.

HUAIBEI GD CO (02450) issues a profit warning,14002000.

Huabei Green Gold Co., Ltd. (02450) announced that it expects the group to record a loss attributable to owners of the company in the range of approximately RMB 14 million to RMB 20 million for this period, compared to a loss of approximately RMB 2.8 million attributable to owners of the company in the same period last year. The losses are mainly due to (i) further declines in aggregate prices during the reporting period; and (ii) a decrease in sales caused by a sluggish real estate and infrastructure market.

NET-A-GO TECH (01483) issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HKD 8 million to approximately HKD 12 million.

Wangyu Technology (01483) announced that compared to an approximate comprehensive income attributable to equity holders of the Company of about HKD 47.3 million for the period ended June 30, 2025 (the same period last year), the Group anticipates a comprehensive loss attributable to equity holders of the Company ranging from approximately HKD 8 million to approximately HKD 12 million.

GME GROUP (08188) subsidiary signs memorandum of understanding with Tengxin Construction.

Jun Jie Group Holdings (08188) announced that on July 28, 2026, its wholly-owned subsidiary, Jun Jie Engineering Limited (Jun Jie Hong Kong), entered into a memorandum of understanding with Tengxin Construction Limited (strategic partner) concerning the strategic cooperation between the two parties.

SEER TECH (06106) announced its interim results, with revenue increasing by 67.5% year-on-year to 264 million yuan.

Xian Gong Intelligent (06106) announced its interim results for the six months ending June 30, 2026. The group achieved revenue of 264 million yuan, an increase of 67.49% year-on-year; the loss attributable to shareholders of the parent company was 37.894 million yuan, a decrease of 25.1% year-on-year; and the loss per share was 0.38 yuan.

FE HLDGS INTL (00036) issued a profit alert, expecting to achieve an audited profit of approximately HKD 14 million for the interim period, a turnaround from a loss compared to the same period last year.

Far East Holdings International (00036) announced that, based on a preliminary review of the Group's unaudited financial information for the six months ended June 30, 2026 (the "Period"), the Group expects to achieve an audited profit of approximately HKD 14 million for this Period, compared to a loss of approximately HKD 18 million for the six months ended June 30, 2025. The expected profit is primarily due to the fair value gains from investment properties during this Period.

TAI SANG LAND (00089) issues positive profit alert, expecting a net consolidated profit of approximately HK$58 million for the interim period, turning a profit compared to the same period last year.

Dah Sheng Real Estate (00089) announced that the Company expects that for the six months ending June 30, 2026, the Group may record a consolidated profit of approximately HK$58 million, compared to a consolidated loss of HK$205 million for the same period in 2025. This is mainly due to fair value gains on investment properties, compared to fair value losses on investment properties in the same period last year; and for the six months ending June 30, 2026, it may record a basic profit of HK$1 million, compared to a basic loss of HK$8.9 million for the same period in 2025, mainly attributed to reduced interest expenses and increased revenue from hotel operations.

GUOTAI JUNAN I (01788) announced its interim results, with profit attributable to ordinary shareholders approximately HKD 675 million, representing a year-on-year growth of 23%.

Guotai Junan International (01788) announced its interim results for 2026, with revenue of approximately HKD 3.871 billion, a year-on-year increase of 37%; profit attributable to ordinary shareholders was approximately HKD 675 million, a year-on-year increase of 23%; basic earnings per share were HKD 0.0708.

GDS-SW(09698): AI-driven business accelerates expansion, with a scale of billions invested in domestic data center construction.

In the second quarter of 2026, GDS Holdings achieved a net revenue of 3.088 billion yuan and a net profit attributable to shareholders of 838 million yuan.

Hisense Home Appliances Group (00921) released its interim results, with a net profit attributable to the parent company of 1.658 billion yuan, a year-on-year decrease of 20.16%.

Hisense Appliances (00921) released its interim performance announcement for 2026, reporting total operating revenue of RMB 46.766 billion, a year-on-year decrease of 5.22%; net profit attributable to the parent company's owners was RMB 1.658 billion, a year-on-year decrease of 20.16%; earnings per share were RMB 1.21.

MILLION CITIES (02892) issues positive profit alert, expecting interim profit attributable to shareholders to be between 2 million and 10 million yuan, turning from loss to profit compared to the same period last year.

Wancheng Holdings (02892) announced that based on a preliminary assessment of the latest unaudited consolidated management accounts of the Group for the period ending June 30, 2026 (the 2026 interim period) and currently available information, the Group expects that (i) its profit after tax will be between RMB 2 million and RMB 10 million, compared to a loss of approximately RMB 4 million for the period ending June 30, 2025 (the 2025 interim period); and (ii) the profit attributable to the shareholders of the Company will be between RMB 2 million and RMB 10 million, compared to a loss of approximately RMB 2.2 million attributable to the shareholders of the Company for the 2025 interim period.

State Administration of Foreign Exchange: In July, the total cross-border receipts and payments of Chinas non-bank sector reached 1.7 trillion USD, a year-on-year increase of 20%.

On August 17, Li Bin, Deputy Director and Spokesman of the State Administration of Foreign Exchange, answered questions from reporters regarding the foreign exchange market situation in July 2026.

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Sihuan Bio: Plans to acquire 80% of Changyuan Pharmaceutical's equity for 160 million yuan in cash.

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Jianghe Group: Abnormal fluctuations in stock trading, no significant changes in fundamentals.

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Huason Pharmaceutical: Abnormal fluctuations in stock trading; there are no significant matters that should be disclosed but have not been disclosed.

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Sinopec Oilfield Service: Net profit in the second quarter was 510 million yuan, a year-on-year increase of 3.5%.

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