Key Developments: - Ascletis Pharma-B (01672) completed patient dosing in U.S. clinical trials for its monthly injectable THRβ agonist ASC47 combined with semaglutide to treat obesity. - Shandong Xinhua Pharmaceutical (00719) secured Class III medical device certification for a subsidiary-developed product. - Geely Auto (00175) announced a RMB 17.1 billion ($2.4B) privatization offer for electric vehicle subsidiary Zeekr (ZK), triggering its planned delisting from the New York Stock Exchange. - Qian Xun Tech (01640) forged strategic collaboration with equipment leasing platform Aizuji. - Unisound (09678) executed a memorandum of understanding for offshore AI project implementation. - Sino Biopharmaceutical (01177) moved to acquire 95.09% equity stake in biotech firm Lixin Pharmaceutical. - Hengxin Technology (01085) secured provincial approval for its 800MW/1600MWh grid-side energy storage initiative in Shandong's 2025 development plan. - Q Technology (01478) agreed to sell 51% of its Indian subsidiary to Dixon Technologies for ₹5.53 billion ($663M). - CMS Pharmaceutical (00867) completed secondary listing on the Singapore Exchange.
Operational Performance: - MMG (01208) anticipates H1 net profit of $340 million, marking significant year-on-year improvement. - Lygend Resources (02245) forecasts interim shareholder profits between RMB 1.2-1.5 billion, surging 104.4%-155.5% YoY. - Morningtech (02000) recorded H1 revenue of HK$206 million, up 12.1% annually. - Anta Sports (02020) reported mid-single-digit retail sales growth for core brand products during first half. - Guoquan Food (02517) expects H1 net profit to skyrocket 111%-146% compared to prior year period. - Asia Cement (China) (00743) projects H1 profit of RMB 114.4 million, reversing year-earlier losses. - Energy China (03996) secured new contracts worth RMB 775.4 billion in first half, rising 4.98% annually. - China Southern Airlines (01055) increased June passenger capacity by 4.57% YoY. - Air China (00753) saw June passenger traffic climb 3.9% year-on-year. - China Eastern Airlines (00670) reported 9.99% YoY growth in June passenger turnover. - JL Mag Rare-Earth (06680) estimates H1 net profit of RMB 300-335 million, soaring 151%-180% annually. - Sheng Ye Capital (06069) projects approximately 20% interim net profit expansion.