GMT EIGHT - OPPORTUNITIES IN CHINA

FIRST TRACTOR (00038) released its interim results, with a net profit attributable to shareholders of 782 million yuan, an increase of 1.72% year-on-year.

First Tractor Company Limited (00038) announced its interim results for the six months ended June 30, 2026. During this period, the group achieved total operating revenue of 7.886 billion RMB, an increase of 13.84% year-on-year; net profit attributable to shareholders of the parent company reached 782 million RMB, up 1.72% year-on-year; and basic earnings per share was 0.6962 RMB.

CMSC: Outlook on the Trend of U.S. Treasury Yields and Their Impact

CITIC Securities stated that in the current phase where risks related to U.S. Treasury yields have not yet been resolved, gold may experience high-level fluctuations and is an important asset for hedging portfolio risks; the stock market can achieve balanced allocation through a combination of dividends and small-cap growth.

New Stock News | Sublime China Information (301299.SZ) Re-files for Listing on the Hong Kong Stock Exchange, Ranking Second in China's Commodity Information Service Industry.

According to Zhuangshi Consulting, based on 2025 revenue, the company ranks second in China's bulk commodity information service industry, with a market share of 12.4%.

New Stock News | Chuangli International Submits Application for Hong Kong Stock Exchange GEM

According to the prospectus, Chao Li International mainly engages in demolition projects in Hong Kong as a general contractor.

CLOVER BIO-B (02197) announces mid-term results, with profit attributable to equity holders of the parent company reaching 955 million yuan, turning a profit compared to the previous year.

Sanyecao Biotechnology-B (02197) announced its results for the six months ending June 30, 2026. During this period, the group reported revenue of RMB 179,000, a year-on-year decrease of 94.5%; other income and gains amounted to RMB 1.1112 billion, a year-on-year increase of 6200.94%; profit attributable to equity holders of the parent company was RMB 955 million, turning from loss to profit year-on-year; basic earnings per share were RMB 0.75.

New Stock News | Sublime China Information (301299.SZ) resubmits application to Hong Kong Stock Exchange.

According to the Hong Kong Stock Exchange's disclosure on August 25, Shandong Zhuo Chuang Information Co., Ltd. (referred to as Zhuo Chuang Information, 301299.SZ) submitted its listing application to the main board of the Hong Kong Stock Exchange, with Ping An Securities (Hong Kong) as its sole sponsor.

FWD (01828) released its interim results, with after-tax operating profit rising by 20% to $298 million.

Fosun International Group (01828) announced its performance for the six months ending June 30, 2026, reporting a 7% year-on-year increase in sales from new business, calculated based on annualized new premiums, reaching $1.35 billion. The service margin from new business contracts was $996 million, a year-on-year growth of 25%. After-tax operating profit rose by 20% to $298 million.

Overnight US stocks | The U.S. and Iran have reached a consensus on a ceasefire, and the three major indices closed higher. NVIDIA Corporation (NVDA.US) rose more than 2%.

As of the market close, the Dow Jones Industrial Average rose 160.07 points, an increase of 0.30%, to 53,577.23 points; the S&P 500 index rose 24.36 points, an increase of 0.32%, to 7,677.22 points; the Nasdaq Composite Index rose 171.11 points, an increase of 0.66%, to 26,151.30 points.

SpaceX (SPCX.US) is investing $100 billion to build the Starship super launch base, aiming to deploy a million space data center satellites.

SpaceX plans to build a new Starship launch facility in southern Louisiana, USA, with an investment of up to $100 billion, further expanding the launch capabilities of this heavy rocket.

IMF President urges nations to address fiscal issues: central banks must focus on combating inflation. The AI boom supports the global economy.

Kristalina Georgieva, the Managing Director of the International Monetary Fund, warned on Tuesday that as the global economy faces multiple challenges, including fiscal pressures, high inflation, and geopolitical conflicts, governments must formulate credible fiscal consolidation plans, while central banks around the world need to continue prioritizing inflation control as the core of their policies.

Besenet's intervention has begun to show results as the spread of U.S. Treasury yields has significantly narrowed. Long bond traders are betting on further declines in yields.

Despite long-term U.S. Treasury yields remaining near multi-year highs, the latest market indicators show that the Treasury's intervention is beginning to take effect, and traders are increasingly reluctant to challenge the policy force referred to in the market as the "Basement Put."

The trade war between the U.S. and Canada escalates again! Canada announces "equivalent countermeasures," with approximately $20 billion worth of U.S. goods facing tariffs of up to 50%.

The Canadian government announced the implementation of a new round of large-scale retaliatory tariffs on American goods in response to U.S. President Trumps new tariffs on Canadian products imposed last weekend.

US Stock Market Move | Honda Motor Co., Ltd. plans to build a new factory in the United States, and its Sponsored ADR (HMC.US) fell by 2.4%.

On Tuesday, Honda Motor Co. (HMC.US) opened lower, and as of the time of writing, it has dropped by 2.4%.

Boston Fed Chair Supports Keeping Interest Rates Steady Temporarily, Warns That Rapid Rate Hikes May Be Needed If Inflation Does Not Continue to Cool

Boston Federal Reserve President Collins stated on Tuesday that she still supports keeping interest rates unchanged, but this stance comes with a clear precondition: more evidence is needed in the future to demonstrate that inflation is consistently heading back to the 2% target.

US Stock Market Move | Reddit (RDDT.US) opened higher and continued to rise, with an increase of over 4%.

On Tuesday, Reddit (RDDT.US) opened higher and continued to rise, and as of the time of this report, it had increased by over 4%, reaching $157.995.

CMGE (00302) announced its interim results, reporting a loss attributable to shareholders of 90.155 million yuan, a decrease of 85.9% year-on-year.

Chinese Mobile Games (00302) announced its performance for the six months ended June 30, 2026, with revenue of 355 million yuan, a year-on-year decrease of 53.5%; the loss attributable to shareholders of the parent company was 90.155 million yuan, a year-on-year narrowing of 85.9%; basic loss per share was 2.97 cents.

SAIMO (02571) announced its interim results, reporting a loss attributable to shareholders of 48.049 million yuan, a year-on-year shift from profit to loss.

Sai Mu Technology (02571) reported its interim results for the six months ended June 30, 2026, with revenue of RMB 73.718 million, a decrease of 19% year-on-year; the loss attributable to the owners of the company was RMB 48.049 million, compared to a profit of RMB 1.316 million in the same period last year; loss per share was RMB 0.37.

DEXIN SER GROUP (02215) announced its interim results, with a profit attributable to shareholders of 30.465 million yuan, a year-on-year decrease of 10.76%.

Dexin Services Group (02215) announced its interim results for the six months ending June 30, 2026. The group's revenue was RMB 446 million, an increase of 0.72% year-on-year; the profit attributable to shareholders was RMB 30.465 million, a decrease of 10.76% year-on-year; and earnings per share were RMB 0.035.

VEDAN INT'L (02317) will distribute an interim dividend of HKD 0.04106 per share on October 12.

Wei Dan International (02317) announced that it will distribute an interim dividend of HK$0.04106 per share for the six months ending June 30, 2026, on October 12, 2026.

LAEKNA-B (02105) released its mid-term performance report, with other income of 25.962 million yuan, an increase of 30.41% year-on-year.

LaiKai Pharmaceutical-B (02105) announced its interim results for the six months ended June 30, 2026. The group achieved other income of 25.962 million yuan (RMB, the same below), a year-on-year increase of 30.41%; R&D expenses amounted to 97 million yuan, a year-on-year decrease of 7.79%; the loss for the period was 2.549 million yuan, a year-on-year decrease of 98.03%.

US Stock Market Move | Popular Chinese concept stocks saw a general rise, with Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) surging over 7%.

On Tuesday, the Nasdaq China Golden Dragon Index rose by 0.49%, with popular Chinese concept stocks experiencing broad gains.

High interest rates continue to suppress housing demand, with new home sales in the U.S. dropping to the lowest level in six months in July.

In July, the contract sales of newly built single-family homes decreased by 10.5% month-on-month, with the seasonally adjusted annualized sales dropping to 607,000 units, below the 620,000 units expected by economists surveyed by the media.

RIMAG GROUP (02522) released its interim results, with revenue of 513 million yuan, a year-on-year increase of 9.8%.

Yimai Sunshine (02522) announced its interim results for the six months ending June 30, 2026, reporting revenue of 513 million yuan, an increase of 9.8% year-on-year; the loss attributable to shareholders was 13.891 million yuan; loss per share was 0.036 yuan.

CH MODERN D(01117) achieved a gross profit of approximately 1.727 billion yuan in the first half of the year, an increase of 7.72% year-on-year.

Modern Dairy (01117) announced its mid-year results for 2026, with revenue of approximately 6.593 billion yuan, a year-on-year increase of 8.6%; gross profit of approximately 1.727 billion yuan, a year-on-year increase of 7.72%; the profit attributable to equity shareholders of the company was 15.29 million yuan, reversing from a loss to a profit year-on-year; basic earnings per share were 0.02 yuan.

WAI CHUN BIOTEC (00660) has entered into a strategic cooperation memorandum of understanding regarding the development of a super-large AI data center, digital infrastructure platform, and AI technology park in the state of Pahang, Malaysia.

Weijun Biotechnology (00660) announced that on August 25, 2026, the company entered into a strategic cooperation memorandum of understanding with Pahang Aerospace City Development Berhad (PACDB), Baiyuzen Holdings Sdn Bhd (Baiyuzen), Ennova ICT Pte Ltd (Ennova), and Radiant (China) Holdings Limited (Radiant) regarding the comprehensive AI digital infrastructure ecosystem project in Pahang Aerospace City, Malaysia.

RENZE HARVEST (01282) issued a positive profit alert, expecting a comprehensive profit of no more than approximately HKD 30 million for the first half of the year, turning from a loss to a profit compared to the same period last year.

Zhongze Feng (01282) announced that the Group expects to achieve a consolidated profit of no more than approximately HKD 30 million for the six months ending June 30, 2026, compared to a consolidated loss of approximately HKD 48.7 million for the same period in 2025, turning from loss to profit.

FIRST TRACTOR (00038) will distribute a mid-term dividend of 0.06962 yuan per share.

First Tractor Company Limited (00038) announced that it will distribute a mid-term dividend of 0.06962 yuan per share for the six months ending June 30, 2026.

CC NEW LIFE (09983) announced its interim results, reporting a shareholders' loss of 33.09 million yuan, a shift from profit to loss compared to the same period last year.

Jianye New Life (09983) has announced its interim results for the six months ending June 30, 2026, with a total revenue of RMB 1.276 billion, a year-on-year decrease of 11.03%. The company reported a loss attributable to shareholders of RMB 33.09 million, compared to a net profit of RMB 106 million in the same period last year. The loss per share is RMB 0.03.

KUNLUN ENERGY (00135) announced its interim results, with a profit attributable to shareholders of 3.306 billion yuan, an increase of 4.59% year-on-year.

Kunlun Energy (00135) announced its interim results for the six months ending June 30, 2026. The company achieved operating revenue of RMB 100.042 billion, a year-on-year increase of 2.56%. Profit before tax was RMB 6.782 billion, up 0.67% year-on-year; profit attributable to shareholders was RMB 3.306 billion, an increase of 4.59% year-on-year, with basic earnings per share of RMB 0.3831, up 4.93% year-on-year. Operating cash flow was RMB 6.213 billion, a year-on-year increase of 41.66%, and the abundant and steady net cash flow has laid a solid foundation for the company's green and low-carbon transformation, industrial upgrading, and continued return to investors.

KUNLUN ENERGY (00135) will distribute a mid-term dividend of HK$0.2207 per share on November 26.

Kunlun Energy (00135) announced that it will distribute a mid-term dividend of HKD 0.2207 per share for the six months ending on June 30, 2026, on November 26, 2026.

VEDAN INT'L (02317) announced its mid-term results, with profit attributable to shareholders reaching 8.888 million USD, an increase of 16.98% year-on-year.

Wei Dan International (02317) announced its interim results for the six months ending June 30, 2026. The group achieved revenue of USD 206 million, an increase of 11.57% year-on-year; profit attributable to company owners was USD 8.888 million, a year-on-year increase of 16.98%; basic earnings per share were 0.58 US cents, and the company proposed an interim dividend of 0.526 US cents per share.

A-shares Evening Hotspots | NDIC's Major Meeting Accelerates the "Six Networks" Construction! Listed Companies Rush to Layout

On August 25, Comrade Yue Xiuhu, a member of the Party Leadership Group and Deputy Director of the National Development and Reform Commission, presided over a meeting to coordinate and promote the Six Networks Collaboration, discussing the investment and financing mechanisms and supporting policies for the Six Networks.

KAISA HEALTH (00876) announced its interim results, reporting a loss attributable to equity holders of HK$60.168 million, a year-on-year increase of approximately 6.77 times.

Kaisa Health (00876) announced its mid-term results for 2026, with revenue of approximately HKD 285 million, a year-on-year decrease of about 15.85%; the loss attributable to equity holders of the company was HKD 60.168 million, a year-on-year increase of approximately 6.77 times; the loss per share was 1.24 HK cents.

BFB HEALTH (00205) issues a profit warning, expecting a mid-term comprehensive profit of approximately HKD 8 million.

BFB HEALTH (00205) announced that it expects the group to achieve a consolidated profit of approximately HKD 8 million for the six months ending June 30, 2026, whereas for the fiscal year ending June 30, 2025, the group reported a net loss attributable to company owners of approximately HKD 800,000. For the six months ending June 30, 2026, the group anticipates a significant increase in profit attributable to company owners, primarily due to an increase in gross profit, which is driven by a rise in revenue from advertising and e-commerce operations resulting from successful marketing efforts.

TIANJIN CAPITAL (01065) released its mid-term performance, with net profit attributable to shareholders of 488 million yuan, a year-on-year increase of 3.28%.

Tianjin Chuangye Environmental Protection Co., Ltd. (01065) announced its interim results for the six months ending June 30, 2026. The Group achieved operating revenue of RMB 2.249 billion, an increase of 3.28% year-on-year; the net profit attributable to shareholders of the Company was RMB 488 million, also an increase of 3.28% year-on-year; and the basic earnings per share were RMB 0.31.

CMSC (06099) will distribute a mid-term dividend of 1.67 yuan for every 10 shares on October 16.

Zhongshan Securities (06099) announced that the company will distribute a mid-term dividend of 1.67 yuan for every 10 shares on October 16, 2026.

CHINA ORAL IND (08406) announced its interim results, reporting a net loss of 10.986 million yuan, turning from profit to loss compared to the same period last year.

China Oral Industry (08406) announced its interim results for the six months ending June 30, 2026, recording revenue of 74.247 million yuan, a year-on-year decrease of 32.05%; a net loss of 10.986 million yuan, compared to a profit of 4.069 million yuan in the same period last year; and a loss per share of 0.73 yuan.

PERENNIAL INT'L (00725) will distribute a mid-term dividend of HKD 0.02 per share on September 15.

Hengdu Group (00725) announced that it will distribute an interim dividend of HK$0.02 per share for the six months ended June 30, 2026, on September 15, 2026.

E-COMMODITIES (01733) announced its interim results, with a profit attributable to shareholders of HK$250 million, an increase of 83.76% year-on-year.

Easy Holding (01733) announced its interim results for the six months ended June 30, 2026, with revenue of HKD 13.987 billion, an increase of 10.38% year-on-year; profit attributable to equity shareholders of HKD 250 million, a year-on-year increase of 83.76%; basic earnings per share of HKD 0.095. A mid-term dividend of HKD 0.023 per share is proposed.

CR MEDICAL (01515) announced its interim results, with shareholders' profit amounting to 265 million yuan, a year-on-year decrease of 21.98%.

China Resources Medical (01515) announced its interim results for the six months ended June 30, 2026, reporting revenues of 4.479 billion yuan (RMB, same below), a year-on-year decrease of 1.02%; profit attributable to shareholders of 265 million yuan, a year-on-year decrease of 21.98%; basic earnings per share of 0.21 yuan; and a proposed interim dividend of 5 cents per share.

CR MEDICAL (01515) will distribute an interim dividend of RMB 0.05 per share on October 26.

China Resources Medical (01515) announced that it will distribute an interim dividend of RMB 0.05 per share for the six months ending June 30, 2026, on October 26, 2026.

E-COMMODITIES (01733) will distribute a mid-term dividend of HKD 0.023 per share on January 12, 2027.

Easy Nail (01733) announced that it will distribute an interim dividend of HK$0.023 per share on January 12, 2027, for the six months ending June 30, 2026.

PERENNIAL INT'L (00725) reported its interim results, with shareholders' profit attributable amounting to HKD 16.889 million, a decrease of 4.53% compared to the same period last year.

Hengdang Group (00725) announced its interim results for the six months ending June 30, 2026. The group achieved revenue of HK$231 million, an increase of 4.2% year-on-year; the profit attributable to shareholders was HK$16.889 million, a decrease of 4.53% year-on-year; earnings per share were HK$0.085, and the group intends to declare an interim dividend of HK$0.02 per share.

In August, consumer confidence in the United States fell to its lowest level since the beginning of the year, with a significant deterioration in economic expectations for the next six months.

The persistently high gasoline prices and the pressure of living costs, coupled with rising consumer concerns about future employment, income, and the business environment, are putting pressure on American household confidence.

US Stock Market Move | Bitcoin once again broke through $80,000 as Robinhood (HOOD.US) rose over 4%.

On Tuesday, Robinhood (HOOD.US) opened higher, and as of the time of writing, it was up over 4%, priced at $108.265.

WEIGAO GROUP (01066): Shandong Weigao Orthopaedic Device (688161.SH) reported a net profit attributable to shareholders of approximately 132 million yuan in the first half of the year, a decrease of 6.85% compared to the same period last year.

Weigao Group (01066) announced the mid-term performance of Weigao Orthopedics (688161.SH) for 2026, with operating revenue of approximately 704 million yuan, a year-on-year decrease of 4.93%; net profit attributable to shareholders of the listed company was approximately 132 million yuan, down 6.85% year-on-year; basic earnings per share were 0.33 yuan, with a cash dividend of 0.90 yuan (before tax) for every 10 shares.

CNBM (03323): Sinoma International Engineering (600970.SH) reported a net profit attributable to shareholders of 934 million yuan for the first half of the year, a decrease of 34.3% year-on-year.

China National Building Material (03323) announced that its subsidiary, China National Materials International (600970.SH), achieved operating revenue of 21.262 billion yuan for the six months ended June 30, 2026, a year-on-year decrease of 1.91%; the net profit attributable to shareholders of China National Materials International was 934 million yuan, a year-on-year decrease of 34.30%; basic earnings per share were 0.36 yuan.

ZT HN GROUP (02433) issued a profit warning, expecting a mid-term net loss of approximately 85 million to 90 million yuan, an increase compared to the same period last year.

Zhongtian Hunan Group (02433) announced that the Group expects to incur a net loss of approximately RMB 85 million to RMB 90 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 19.5 million for the same period ending June 30, 2025 (previous period).

ANTON OILFIELD (03337) announced its interim results, with a profit attributable to shareholders of 105 million yuan, a decrease of 36.64% compared to the same period last year.

Antong Oilfield Services (03337) announced its interim results for the six months ending June 30, 2026. The group achieved total revenue of 2.682 billion yuan (RMB, the same below), an increase of 1.94% year-on-year; profit attributable to shareholders was 105 million yuan, a decrease of 36.64% year-on-year; basic earnings per share were 0.0387 yuan.

CNBM (03323): Tianshan Materials (000877.SZ) reported a net loss attributable to shareholders of 3.193 billion yuan in the first half of the year, a year-on-year increase of 245.51%.

China National Building Material (03323) announced that its subsidiary Tianshan Materials (000877.SZ) achieved an operating revenue of 30.16 billion yuan for the six months ending June 30, 2026, a year-on-year decrease of 16.18%; the net loss attributable to shareholders of Tianshan Materials was 3.193 billion yuan, a year-on-year increase of 245.51%; basic earnings per share were a loss of 0.449 yuan.

Latest

18/08

Citigroup: Initiates "Buy" rating for Zijin Mining International (02259), optimistic about production growth and gold price outlook.

18/08

Ganfeng Lithium: Progress on Subsidiary's Involvement in Investment Limited Partnership Matters

18/08

Zhichun Technology (603690.SH) plans to transfer part of its shares in the affiliated company Weidun Crystal Phosphate for 20 million yuan.

18/08

Xiamen Releases Twelve Measures to Promote Exchange and Cooperation with Taiwan

18/08

Yuncong Technology: The company is deeply involved in the national standardized pilot project "Shanghai Virtual-Real Integration Embodied Intelligence Training Ground" and the "Humanoid Robot Qilin Training Ground" project.

Seeking Coverage

Being Writer

Exploring Cooperation