29, 03, 2019
Today Market
Today Market
U.S.: DJ 25717 +91 (+0.36%), S&P 2815 +10 (+0.36%), NASDAQ 7669 +25 (+0.34%).
Oil futures US$59.3 -$0.11 (+0.19%).
Gold futures US$1289.8 -$20.6 (-1.6%).
HSI 28775 +46 (+0.16%), HSCSI 11294 -10 (-0.09%), T/O HK$92.16B -1.2% DOD.
SHORT SELL 12.8% VS PRIOR 11.4%.
China traders sell net US$47m H.K. Shares via stock connect.
Stock News
* ICBC (601398 CH), FY net inc. 297.7b yuan +4% meets estimates. Declares div 0.2506 yuan.
* Sunac China (1918 HK), FY net inc. 16.6b yuan +50.9% beats est. 15.695b yuan. Declares div 0.827 yuan.
* BAIC Motor (1958 HK): BAIC Motor, DGRC to contribute 700m yuan to MBLC.
* BBMG (2009 HK), FY net income 3.26b yuan +15%, declares div 0.055 yuan.
* Chalco (2600 HK), FY net inc. 750m yuan -47% misses lowest estimate.
* China Cinda (1359 HK), FY net inc. 12b yuan -33.5% misses lowest estimate. Declare div 0.095 yuan.
* Shanghai Pharma (2607 HK), FY net inc. 3.88b yuan +10% misses estimates. Declares div 0.41 yuan.
* Tsingtao Brewery (168 HK). FY net inc. 1.42b yuan +12.6% misses estimate. Declares div 0.48 yuan.
* Xtep Int’l (1368 HK), to raise HK$1.37b in top-up placement, placing 247.1m shrs @HK$5.56 each (15% disc to prev close), 9.9% of enlarged shr cap.
* Wynn Macau (1128 HK), FY net inc. HK$6.245b +68.8%, declares div HK$0.45.
* ZTE (763 HK, 000063 CH), it’s controlling holder sold 80.5m A-shares on Mar 28, 1.92% of company’s total share capital, reducing holding to 28.4%.
* Beijing Ent (392 HK), FY net inc. HK$7.58b meets est. HK$7.65b. Declares div HK$0.73.
* Cosco Ship Port (1199 HK), FY net inc. US$324.6m beats est. US$296.3m.
Financial News
* China may allow foreign tech firms to own data centres: WSJ
* Kudlow says U.S. ready to extend China talks by weeks or months.
* China approves $101.6B QFII quota as of March 27.
* China to raise gasoline, diesel prices by 80 yuan/ton: NDRC
* Hong Kong acts to buy HK$1.649b to defend currency peg for first time in a week.