CONCH CEMENT (00914.HK) announced its 1Q26 results for the period ended March 2026. In accordance with the China Accounting Standards for Business Enterprises, revenue amounted to RMB17.066 billion, down 10.5% YoY. Net profit was RMB1.468 billion, down 19% YoY. , with an EPS of RMB0.28.
~

AASTOCKS Financial News
Website: www.aastocks.com

The Inter-departmental Task Force on Monitoring Fuel Supply, chaired by Hong Kong's Financial Secretary Paul Chan, has decided to roll out a HKD3 per liter subsidy scheme for diesel. This subsidy will take effect from midnight tomorrow for two months until June 29, with an estimated expenditure of HKD1.8 billion.

Due to the Middle East conflict, the ceiling price of LPG at dedicated filling stations will rise by more than HKD1 per liter starting next month, representing an average increase of over 28%, Chan said. Consequently, the Task Force has also proposed providing a fuel subsidy of HKD0.5 per liter to taxis, minibuses, and school private light buses for two months. This subsidy is expected to be launched next month and will involve HKD38 million in expenditure.
~



AAStocks Financial News
Web Site: www.aastocks.com

HKEX (00388.HK) announced its results for 1Q ended 31 March 2026. Turnover rose 19.6% YoY to $8.203 billion. Net profit increased 27.3% YoY to $5.188 billion, above 6 brokers' forecasts as consolidated by our reporters ranging from approx. $4.429-4.841 billion (representing YoY growth of 8.6-18.7%). EPS stood at $4.1.
~

AASTOCKS Financial News
Website: www.aastocks.com

At midday close, HSI rose 330 pts or 1.3% to 26,010. HSTI rose 52 pts or 1.1% to 4,879. HSCEI gained 122 pts or 1.4% to 8,767.

Active Heavyweights:
PING AN (02318.HK) closed at $63.2, up 5.2%
MEITUAN (03690.HK) closed at $82.85, up 3.2%
BABA (09988.HK) closed at $129.7, up 2.5%
XIAOMI (01810.HK) closed at $30.14, up 0.7%
TENCENT (00700.HK) closed at $477.2, up 0.7%
CCB (00939.HK) closed at $8.95, up 0.7%

HSI & HSCEI Constituents on Move:
WH GROUP (00288.HK) closed at $9.89, down 6.4%
CM BANK (03968.HK) closed at $47.88, down 4.4%
CHINA LIFE (02628.HK) closed at $27.2, up 4.4%
CHINA OVERSEAS (00688.HK) closed at $12.77, up 4.2%
CHINA RES LAND (01109.HK) closed at $32.1, up 3.7%
JD HEALTH (06618.HK) closed at $46.36, up 3.6%
XINYI GLASS (00868.HK) closed at $10.09, up 3.6%
GEELY AUTO (00175.HK) closed at $22.54, up 3.5%
XINYI SOLAR (00968.HK) closed at $3, up 3.4%
PICC P&C (02328.HK) closed at $14.52, up 3.3%
INNOVENT BIO (01801.HK) closed at $85.15, up 3.1%
PETROCHINA (00857.HK) closed at $11.88, up 1.8%, hitting new high

HSMI & HSSI Constituents on Move:
CALB (03931.HK) closed at $36.58, up 12.6%
REPT BATTERO (00666.HK) closed at $16.43, up 11.8%
DALIPAL HLDG (01921.HK) closed at $4.7, down 11.3%
DATANG POWER (00991.HK) closed at $2.78, up 10.8%
MOBVISTA (01860.HK) closed at $15.6, up 10.4%
KB LAMINATES (01888.HK) closed at $37.78, up 6.1%, hitting new high
TCL ELECTRONICS (01070.HK) closed at $14.84, up 4.5%, hitting new high
~



AAStocks Financial News
Web Site: www.aastocks.com

On debut today, SUNMI TECH-W(06810.HK) opened at $97.5, up 292.2% from the listing price of $24.86. Peaking/ bottoming at $99.8/91, the stock closed midday at $93.8, up 277.3% from the listing price of $24.86, on volume of 9.73 million shares and turnover of $915.39 million.
~



AAStocks Financial News
Web Site: www.aastocks.com

BYD COMPANY (01211.HK) reported a 55.4% decline in 1Q26 profit to RMB4.085 billion. Its share price ascended with the market this morning (29th), and opened 0.68% higher before its gains expanded. The stock peaked at $108.6, and last mounted 3.09% to $106.9, with 15.6873 million shares traded, involving $1.671 billion.

BYD COMPANY's 1Q26 operating revenue was RMB150.225 billion, down 11.8% YoY. Net profit attributable to shareholders amounted to RMB4.085 billion, representing a 55.4% decline.

Brokers generally believed that BYD COMPANY's overseas business delivered outstanding performance in 1Q26, while the drop in net profit was mainly dented by foreign exchange losses.

Nomura said that BYD COMPANY's 1Q26 profit was dragged down by foreign exchange losses, and expected the Company's overseas shipments to continue rapid growth, which may serve as a catalyst for long-term sustainable growth.

The broker forecasted a rebound in 2H26 results, and kept rating at Buy, with a target price of $127.
~




AASTOCKS Financial News
Website: www.aastocks.com

After opening flat this morning (29th), CM BANK (03968.HK) headed south and once sank to a bottom of HKD48.16. It last traded at HKD48.46, down 3.27%, with a volume of 7.8092 million shares, involving HKD380 million.

JPMorgan expects CM BANK's share price to underperform those of its peers in the near term, citing that the recovering net interest income and strong wealth management have yet to translate into robust profit growth, but the bank is already trading at a premium to other A-/H-share banks.

Given its weaker 1Q26 profit growth compared with Bank of Ningbo and other banks, as well as the absence of management commitment to improved growth prospects or total returns, JPMorgan believes CM BANK's share price momentum will remain subdued for a short period of time. CM BANK's rating remains Overweight, along with a target price of HKD62.
~



AAStocks Financial News
Web Site: www.aastocks.com

SUNMI TECH-W(06810.HK) closed at $95 on gray market yesterday, up 282.1% from the listing price of $24.86. On debut today, the stock opened at $97.5, up 292.2% from the listing price of $24.86, 6.41 million shares traded at market open.
~



AAStocks Financial News
Web Site: www.aastocks.com

At close, HSI dropped 245 pts or 0.9% to 25,679. HSTI dropped 112 pts or 2.3% to 4,827. HSCEI fell 111 pts or 1.3% to 8,644. Market turnover reached $262.33 billion.

Active Heavyweights:
XIAOMI (01810.HK) closed at $29.92, down 3.8%
BABA (09988.HK) closed at $126.5, down 2.8%
MEITUAN (03690.HK) closed at $80.3, down 1.9%
TENCENT (00700.HK) closed at $473.8, down 1%

HSI & HSCEI Constituents on Move:
WUXI APPTEC (02359.HK) closed at $143.1, up 13.6%, hitting new high
CATL (03750.HK) closed at $629, down 6.9%
SUNNY OPTICAL (02382.HK) closed at $62.45, down 6.2%
BYD ELECTRONIC (00285.HK) closed at $26.24, down 5.2%
HORIZONROBOT-W (09660.HK) closed at $7.22, down 5%
CHINAHONGQIAO (01378.HK) closed at $33.34, down 4.9%
CSPC PHARMA (01093.HK) closed at $8.41, down 4.5%
XPENG-W (09868.HK) closed at $61.6, down 4%
HAIER SMARTHOME (06690.HK) closed at $21.68, up 3.9%
LI AUTO (02015.HK) closed at $67, down 3.9%
XINYI SOLAR (00968.HK) closed at $2.9, down 3.7%
HANSOH PHARMA (03692.HK) closed at $37.3, down 3.4%
CMOC (03993.HK) closed at $17.66, down 3.2%
SMIC (00981.HK) closed at $66.05, down 3.2%
KUAISHOU-W (01024.HK) closed at $42.28, down 3.1%
PETROCHINA (00857.HK) closed at $11.67, up 1.8%, hitting new high

HSMI & HSSI Constituents on Move:
160 HEALTH (02656.HK) closed at $21.7, down 22.7%
HAIXI PHARMA (02637.HK) closed at $221.8, down 21%
361 DEGREES (01361.HK) closed at $5.5, down 20.5%
ZHIDA TECH (02650.HK) closed at $28.6, down 20.1%
XUNCE (03317.HK) closed at $260, down 14.8%
DALIPAL HLDG (01921.HK) closed at $5.3, down 11.7%
WASION HOLDINGS (03393.HK) closed at $24.9, down 11.4%
NANSHAN AL INTL (02610.HK) closed at $38.74, down 11.4%
GENFLEET-B (02595.HK) closed at $42.78, down 11.1%
KB LAMINATES (01888.HK) closed at $35.62, up 7.4%, hitting new high
HUISHANG BANK (03698.HK) closed at $5.19, up 3.4%, hitting new high
ASMPT (00522.HK) closed at $169.8, up 2.4%, hitting new high
~



AAStocks Financial News
Web Site: www.aastocks.com

Lime Spark, SHK PPT (00016.HK)'s property project in Tsuen Wan, has released the first price list. The list covers 110 standard one-bedroom to two-bedroom units, with discounted prices starting from HKD4.6146 million.
~



AAStocks Financial News
Web Site: www.aastocks.com

A spokesperson for the Airport Authority Hong Kong (AAHK) said that the authority is raising funds through bond issuance for debt refinancing, capital expenditure and general corporate purposes, with further details to be provided in due course.

It is understood that, during a roadshow on Monday (27th), investors inquired about the development of 11 SKIES, the SkyCity commercial development at the airport developed by NEW WORLD DEV (00017.HK).

The spokesperson reiterated a previous statement that 2028 would be an appropriate time for a phased opening, as other airport expansion projects are expected to be completed by then.
~

AASTOCKS Financial News
Website: www.aastocks.com

In response to Hong Kong's Competition Commission's consultation on its proposed acceptance of Keeta's commitments, Keeta stated that it has voluntarily made commitments under Section 60 of the Competition Ordinance to enhance its merchant agreement terms for the long-term healthy development of the food delivery and catering market.

After reaching a consensus with the Competition Commission last November, Keeta has been actively implementing remedial measures. Starting from February this year, it issued newly revised agreement terms to all partner merchants. Key revisions include allowing exclusive merchants to cooperate with emerging small platforms, streamlining procedures for switching to other platforms, and removing price restriction clauses, which are in line with past amendment directions in the food delivery industry.
~



AAStocks Financial News
Web Site: www.aastocks.com

At midday close, HSI dropped 173 pts or 0.7% to 25,752. HSTI dropped 60 pts or 1.2% to 4,879. HSCEI fell 82 pts or 0.9% to 8,673.

Active Heavyweights:
XIAOMI (01810.HK) closed at $30.34, down 2.4%
BABA (09988.HK) closed at $127.6, down 2%
MEITUAN (03690.HK) closed at $80.85, down 1.2%
TENCENT (00700.HK) closed at $476.4, down 0.5%

HSI & HSCEI Constituents on Move:
WUXI APPTEC (02359.HK) closed at $144.8, up 14.9%, hitting new high
CATL (03750.HK) closed at $629, down 6.9%
SUNNY OPTICAL (02382.HK) closed at $63.45, down 4.7%
HORIZONROBOT-W (09660.HK) closed at $7.3, down 3.9%
CHINAHONGQIAO (01378.HK) closed at $33.8, down 3.5%
XINYI SOLAR (00968.HK) closed at $2.91, down 3.3%

HSMI & HSSI Constituents on Move:
361 DEGREES (01361.HK) closed at $5.57, down 19.5%
HAIXI PHARMA (02637.HK) closed at $226.4, down 19.4%
ZHIDA TECH (02650.HK) closed at $29.78, down 16.8%
160 HEALTH (02656.HK) closed at $24.2, down 13.8%
DALIPAL HLDG (01921.HK) closed at $5.27, down 12.2%
WASION HOLDINGS (03393.HK) closed at $24.92, down 11.3%
NANSHAN AL INTL (02610.HK) closed at $39, down 10.8%
KB LAMINATES (01888.HK) closed at $35.96, up 8.4%, hitting new high
ASMPT (00522.HK) closed at $170.1, up 2.6%, hitting new high
HUISHANG BANK (03698.HK) closed at $5.08, up 1.2%, hitting new high
~



AAStocks Financial News
Web Site: www.aastocks.com

3COINS, a Japanese lifestyle brand under YAICHI Group, has opened its third Hong Kong store at AIRSIDE, a landmark mall in Kai Tak. This new outlet spans 5,100 square feet and offers more than 2,500 Japanese lifestyle products.

Elmas Lou, Founder and Chairman of YAICHI Group, disclosed that the group expects to open another store in the New Territories within this year, with a size similar to the first two outlets.
~



AAStocks Financial News
Web Site: www.aastocks.com

XIAOMI-W (01810.HK) recently held its 2026 Investor Day, and the market primarily focused on and discussed AI and large language models as expected, according to a report from Citi.

The report cited XIAOMI-W's management as saying that the company had effectively addressed challenges such as rising costs, geopolitical conflicts, and weak consumption. In addition, an investment of RMB200 billion is planned over the next five years, of which RMB60 billion will be allocated within three years for R&D projects and AI investments.

Citi has given XIAOMI-W a target price of HKD40 and a Buy rating.
~



AAStocks Financial News
Web Site: www.aastocks.com

La Mirabelle, a property project developed by SINO LAND (00083.HK), KERRY PPT (00683.HK), K. WAH INT'L (00173.HK), CHI MER LAND (00978.HK), and MTR CORPORATION (00066.HK), sold 8 units today, recording a total transaction amount of over HKD74.62 million.
~



AAStocks Financial News
Web Site: www.aastocks.com

S&P Global Market Intelligence released short selling data for Hong Kong stocks as of last Friday (24 April).

The table below lists the top 10 Hong Kong stocks with the highest short selling ratios, as compiled by S&P Global Market Intelligence:

Stock Name│ No. of Shares Borrowed (Million)│Change in Past 7 Days (%)│Short Selling Ratio (%)│Price Change in Past 7 Days (%)

CATL (03750.HK)│39.13│0.58%│22.12%│0.43%
COSCO SHIP HOLD (01919.HK)│396.11│0.18%│14.37%│0.34%
GON TECHNOLOGY (02768.HK)│4.24│0.00%│14.14%│0.00%
ALI HEALTH (00241.HK)│2283.84│0.25%│14.12%│-2.77%
JIANGSU EXPRESS (00177.HK)│169.69│3.50%│13.89%│3.41%
SANHUA (02050.HK)│59.96│0.64%│12.58%│-3.71%
ZTE (00763.HK)│87.69│1.25%│11.61%│4.03%
POP MART (09992.HK)│165.26│0.70%│11.35%│-1.63%
PING AN (02318.HK)│814.72│-0.07%│10.80%│0.58%
CHINA VANKE (02202.HK)│232.19│-0.20%│10.52%│-5.86%
~

AASTOCKS Financial News
Website: www.aastocks.com

WUXI APPTEC (02359.HK) opened 8.02% higher this morning (28th) at HKD136.1, with a pre-market trading volume of 254,500 shares, involving HKD34.6374 million.

The company's 1Q26 turnover and net profit rose by 28.8% and 26.7% YoY to RMB12.436 billion and nearly RMB4.652 billion, respectively, with EPS of RMB1.59.
~



AAStocks Financial News
Web Site: www.aastocks.com

In his remarks at the 2026 Hubei-Hong Kong Business Cooperation Conference yesterday (27th), Deputy Chief Secretary for Administration, Cheuk Wing-hing, said that, as of April 2026, a total of 30 Hubei-based companies were listed on HKEX (00388.HK), with a total market capitalization of $400 billion.

Looking ahead, Hong Kong welcomes more enterprises from Hubei to come to Hong Kong, where they can fully leverage Hong Kong’s full-chain financial support and international advantages to further expand into overseas markets and explore more global business opportunities.
~

AASTOCKS Financial News
Website: www.aastocks.com

361 DEGREES (01361.HK) opened 3.18% lower this morning (28th) at HKD6.7, with a pre-market trading volume of 100 million shares, involving HKD618 million.

The company announced a top-up placement of up to 100 million shares (around 4.61% of the enlarged share capital) at a price of HKD6.18 per share, a discount of around 10.69% to yesterday's (27th) closing price of HKD6.92. The net proceeds are expected to reach around HKD611 million.
~



AAStocks Financial News
Web Site: www.aastocks.com

CHINAHONGQIAO (01378.HK) opened down 3.65% this morning (28th) at HKD33.76, with a pre-market trading volume of 1.125 million shares, involving HKD37.98 million.

The company announced a proposed issuance of zero-coupon convertible bonds due 2027 with an initial principal amount of RMB10.2 billion. The initial conversion price is HKD43.9, a premium of around 25.3% over yesterday's (27th) closing price of HKD35.04. The bonds may be fully converted into around 267 million shares, equivalent to about 2.6% of the enlarged share capital. The net proceeds are expected to reach around USD1.469 billion.
~



AAStocks Financial News
Web Site: www.aastocks.com

CATL (03750.HK) announced a share placement at a 7% discount. The stock opened 6.74% lower today (28th) at $630, with pre-market trading volume of 719,600 shares, involving $453 million.

CATL planned to place 62.385 million new H-shares, representing approx. 28.58% of the number of enlarged H shares and approx. 1.36% of the number of issued shares. The placing price per share is $628.2, representing a discount of about 7% to yesterday's (27th) closing price of $675.5.

The net proceeds from the placing are approx. $39.11 billion, which will be used for the construction of global new energy projects and the layout of zero-carbon business, R&D investment, supplementing daily working capital and other general corporate purposes, in order to accelerate the implementation of the global zero-carbon strategy and support long-term sustainable development.
~

AASTOCKS Financial News
Website: www.aastocks.com

361 DEGREES (01361.HK) announced a top-up placement of up to 100 million shares (around 4.61% of the enlarged share capital) at a price of HKD6.18 per share, a discount of around 10.69% to yesterday's (27th) closing price of HKD6.92. The net proceeds are expected to reach around HKD611 million.
~



AAStocks Financial News
Web Site: www.aastocks.com

CHINAHONGQIAO (01378.HK) announced a proposed issuance of zero-coupon convertible bonds due 2027 with an initial principal amount of RMB10.2 billion.

The initial conversion price is HKD43.9, a premium of around 25.3% over yesterday's (27th) closing price of HKD35.04. The bonds may be fully converted into around 267 million shares, equivalent to about 2.6% of the enlarged share capital.

The expected net proceeds of around USD1.469 billion are intended for the procurement and stockpiling of bauxite as raw materials for production, the refinancing of existing indebtedness, investment in overseas projects, future share repurchases, and general corporate purposes.
~



AAStocks Financial News
Web Site: www.aastocks.com

The table below listed the ratings and target prices given to HKEX (00388.HK) by 7 brokers:

Broker | Rating | Target Price
Citi│Buy│$525
HSBC Global Research│Buy│$520
BofA Securities│Buy│$520
Morgan Stanley│Overweight│$510
CICC│Outperform│$500
CLSA│ Conviction Outperform│$500
UBS│Neutral│$450
~

AASTOCKS Financial News
Website: www.aastocks.com

CK ASSET (01113.HK) held an extraordinary general meeting today (27th) to vote on the proposed disposal of a 20% stake in the UK Power Networks (UKPN) business.

Upon completion of the transaction, shareholders are expected to discuss the declaration of a special dividend, Chiu Yue Seng, Executive Committee Member of the Group, said. However, amid the current volatile environment, cash is king.

The proceeds from the disposal can be deployed into different investment opportunities, providing various options and making the Company's financial position solid.

After obtaining the funds, the Group will have different options that would be beneficial to shareholders, including acquiring projects or conducting buybacks, with more options being preferable, Chiu added.
~

AASTOCKS Financial News
Website: www.aastocks.com

At midday close, HSI rose 38 pts or 0.1% to 26,016. HSTI rose 64 pts or 1.3% to 4,966. HSCEI gained 18 pts or 0.2% to 8,794.

Active Heavyweights:
TENCENT (00700.HK) closed at $481.8, down 2.4%
MEITUAN (03690.HK) closed at $81.1, down 1.6%
BABA (09988.HK) closed at $132.3, up 0.4%
XIAOMI (01810.HK) closed at $31.24, up 0.1%
CCB (00939.HK) closed at $8.94, down 0.1%

HSI & HSCEI Constituents on Move:
SMIC (00981.HK) closed at $69.7, up 8.4%
BYD COMPANY (01211.HK) closed at $106.1, up 4.8%
BIDU-SW (09888.HK) closed at $126.8, up 4.4%
SUNNY OPTICAL (02382.HK) closed at $65.9, up 3.9%
BYD ELECTRONIC (00285.HK) closed at $27.84, up 3.3%
SINOPHARM (01099.HK) closed at $18.64, down 3%
PETROCHINA (00857.HK) closed at $11.5, up 1.5%, hitting new high

HSMI & HSSI Constituents on Move:
BAO PHARMA-B (02659.HK) closed at $54, down 30.6%
HAIXI PHARMA (02637.HK) closed at $284, up 19.5%, hitting new high
COWELL (01415.HK) closed at $33.34, up 13%
HESAI-W (02525.HK) closed at $189.7, up 12.2%
TIANLI INT HLDG (01773.HK) closed at $1.6, down 10.6%
WEICHAI POWER (02338.HK) closed at $36.36, up 2.3%, hitting new high
ASMPT (00522.HK) closed at $167.8, up 1.6%, hitting new high
~



AAStocks Financial News
Web Site: www.aastocks.com

HIBOR
Tenor | Latest rate | Change (vs. last trading day)
Overnight | 2.26869% | -9.714 bps
1-Week | 2.46911% | -8.19 bps
1-Month | 2.45732% | -3.083 bps
3-Month | 2.60411% | -0.25 bps
6-Month | 2.72804% | -0.107 bps
12-Month | 3% | NA

Source: HKAB As of: 2026-04-27 11:15
~



AAStocks Financial News
Web Site: www.aastocks.com

CHINA SHENHUA (01088.HK) recorded a net profit decline of 11% YoY and 23% QoQ in 1Q26, in line with market expectations, according to a report from Morgan Stanley.

The report highlighted the continuous rally in coal prices since February this year, which reflected market expectations of reduced imports, geopolitical tensions in the Middle East, and improving domestic demand.

Expecting power plants to begin restocking in May for the summer peak electricity demand season and coal prices to continue rising in 2Q26, Morgan Stanley maintained an Overweight rating on CHINA SHENHUA, with a target price of HKD53.6.
~



AAStocks Financial News
Web Site: www.aastocks.com

ZTE (00763.HK) opened 1.73% lower today but managed a rebound. It last traded at HKD25.62, up 5.69%, with a volume of 24.0334 million shares, involving HKD595 million.

The company announced its results for 1Q26 last Friday (24th). In accordance with China's accounting standards, its operating revenue grew by 6.1% YoY to RMB34.989 billion.

Goldman Sachs kept a Neutral rating on ZTE but cut its target price by 7% to HKD37.5, citing that the company's revenue was in line with expectations, but GPM was under pressure. Likewise, Citi maintained a Neutral rating on ZTE with a target price of HKD25.4, considering that 1Q26 revenue met but net profit missed expectations.
~



AAStocks Financial News
Web Site: www.aastocks.com

EAST BUY (01797.HK) once sank to a bottom of HKD25.18 in today's (27th) early trading. It last traded at HKD26.36, down 4.08%, with a volume of 4.74 million shares, involving HKD123 million.

The company has seen a string of departures by four well-known Chinese hosts, who said they resigned over changes in the management and corporate philosophy.

Michael Yu, Chairman of EAST BUY, revealed that he had had sincere discussions with the four hosts and respected their decisions. He also acknowledged that deviations had emerged in the company's management approach following an executive overhaul, and pledged that there would be optimization going forward.
~



AAStocks Financial News
Web Site: www.aastocks.com

GOLDWIND (02208.HK) prospered after announcing its quarterly results. The stock opened 5.33% higher today (27th) before its gains extended, and peaked at $17.45. It last printed at $17.3, rallying 9.77%, with 15.1751 million shares traded, involving $262 million.

In accordance with the People's Republic of China Accounting Standards for Business Enterprise, GOLDWIND's 1Q26 operating income was RMB15.485 billion, representing a YoY increase of 63.5%, benefiting from the increase in sales volume of WTG and components by the Company, as announced by GOLDWIND. Net profits attributable to shareholders amounted to RMB907 million, up 59.7%, with an EPS of RMB0.2091.
~

AASTOCKS Financial News
Website: www.aastocks.com

HSBC HOLDINGS (00005.HK) is considering either eliminating tuition fee subsidiary for the children of new employees or adjusting total compensation as part of the Group's initiatives to standardize employee benefits globally and reduce costs, Bloomberg quoted sources as saying.

Currently, HSBC HOLDINGS provides tuition fee subsidies for staff in the mid-level and above in Hong Kong, covering 95% of tuition fees. The annual cap is $220,000 for each child in primary school and $300,000 per kid in secondary school.

It is understood that HSBC HOLDINGS has been reviewing the relevant benefits for some time but has yet to make a final decision. At present, several hundred employees are eligible for this benefit, with annual costs amounting to tens of millions of USD.

Other core HSBC HOLDINGS hubs such as London do not offer such subsidies. Employees of Hang Seng Bank, a wholly-owned subsidiary of HSBC HOLDINGS, are also not entitled to this benefit.
~

AASTOCKS Financial News
Website: www.aastocks.com

SINOPHARM (01099.HK) has announced its results for 1Q ended March 2026 prepared in accordance with China's GAAP.

The company's operating revenue dropped by 0.6% YoY to RMB140.77 billion, while net profit fell by 3% YoY to RMB1.41 billion, with EPS of RMB0.45.
~



AAStocks Financial News
Web Site: www.aastocks.com