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<H Shrs>HSI Opens 67 Pts Higher as MIDEA GROUP Leaps 4%+; BOC HONG KONG Jumps Up 2%+
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The HSI opened 67 points or 0.3% higher at 24,818. The HSCEI opened 12 points or 0.15% higher at 8,411. The HSTECH opened 3 points or 0.1% higher at 4,693. BANK OF CHINA (03988.HK) reported a 2.2% increase in full-year net profit, with its share price opening flat at $4.89. BOC HONG KONG (02388.HK) posted a 5% hike in full-year net profit, boosting its stock price by 2.7% to $41.62. ABC (01288.HK) opened flat at $5.4 due to a 3.2% rise in its full-year net profit and an increased final dividend. For other financials, HSBC HOLDINGS (00005.HK) and HKEX (00388.HK) climbed 1% and 0.8%, while AIA (01299.HK) ebbed 0.2%. MIDEA GROUP (00300.HK) reported a 14% increase in full-year net profit, and its share price leaped 4.1%. GCL TECH (03800.HK) returned to positive adjusted EBITDA for the full year, but its share price waned 3.4%. SF HOLDING (06936.HK) ballooned 2.8% after it reported a 9% gain in its full-year net profit. Coal stock CHINA SHENHUA (01088.HK) picked up 0.5% to $48 after it posted a 9% decline in full-year net profit. Resource stock JIANGXI COPPER (00358.HK) sagged 1.9%. AASTOCKS Financial News Website: www.aastocks.com |
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