Key Corporate Developments:
Dajin Heavy Industry Corp Ltd (01081) has set its final offer price at HK$66.40 per H share.
CHINASOFT INT'L (00354) is officially entering the computing power business, targeting high-value professional TOKEN operations.
PONY-W (02026) has had its A-class ordinary shares included in the Shanghai-Hong Kong Stock Connect program.
CR HOLDINGS (01911) announced that its subsidiary, Huaxing Pan-Asia, successfully assisted Stardust Intelligence in completing a Series B financing round worth several hundred million yuan.
YANKUANG ENERGY (01171) plans to invest approximately RMB 16.415 billion to acquire 100% equity in New Energy Group and 100% equity in Shanneng Power Sales, aiming to enhance its integrated coal and power industry chain.
Baioo Family Interactive (02100) announced that its game "Under the Night" will officially launch in mainland China on June 5th.
Operational Performance:
ZHIHU-W (02390) released its first-quarter results, reporting an adjusted net profit of RMB 17.2 million, a year-on-year increase of 147.2%.
GAC GROUP (02238) reported May vehicle sales of 127,330 units, representing a year-on-year growth of 8.18%.
Country Garden (02007) reported contracted sales attributable to shareholders of approximately RMB 2.63 billion for the month of May.