GMT EIGHT - OPPORTUNITIES IN CHINA

A precise response to the AI selling wave? Citadel resolves over 80% of acquisition portfolio risks, flagship fund records its best monthly performance since 2022.

Ken Griffin, founder of Citadel Investment, revealed for the first time to clients on Friday the details of how the company handled the assets it acquired from the Situational Awareness hedge fund.

MEILAN AIRPORT (00357) announced its interim results, reporting a net loss attributable to shareholders of approximately 66.8786 million yuan, narrowing by 4.73% year-on-year.

Meilan International Airport (00357) announced its mid-term performance for 2026, reporting total revenue of approximately 1.092 billion yuan, an increase of 1.14% year-on-year; the net loss attributable to the parent company's shareholders was about 66.8786 million yuan, narrowing by 4.73% year-on-year; basic loss per share was 0.14 yuan.

US Stock Market Move | Tesla, Inc. (TSLA.US) rose over 5%. Cybercab is expected to welcome its first public trial ride at the end of the month.

On Friday, Tesla (TSLA.US) rose over 5%, reaching $363.15.

HONBRIDGE (08137) plans to acquire 51% of Juneng (Jiangsu) Power Technology for 424.8 million yuan.

Hongqiao Group (08137) announced that on August 21, 2026, the company entered into an acquisition agreement with Lianfengtai Technology, Geely Technology Group, and the target company. Geely Technology Group has conditionally agreed to sell, and the company has conditionally agreed to acquire (through a wholly foreign-owned enterprise being established by Lianfengtai Technology) 51% of the equity in Juneng (Jiangsu) Power Technology, at a price of RMB 424.8 million (or equivalent in Hong Kong dollars).

XINXIN MINING (03833) announced its interim results, with a net profit attributable to shareholders of 249 million yuan, a year-on-year increase of 248.13%.

Xinjiang Xinxin Mining Industry (03833) announced its interim results for the six months ending June 30, 2026. The Group recorded operating revenue of approximately 1.266 billion yuan, representing a year-on-year increase of 13.22%; net profit was 245 million yuan, an increase of 261.06% year-on-year; of which the net profit attributable to shareholders of the parent company was 249 million yuan, an increase of 248.13% year-on-year; basic earnings per share stood at 0.113 yuan.

PATEO (02889) intends to invest 800 million yuan to acquire a 20% stake in Guangzhou Seagull Kitchen And Bath Products (002084.SZ).

(02889) announced that on August 21, 2026, the company plans to acquire 20% of the equity of Guangzhou Seagull Residential Industry Co., Ltd. (002084.SZ) from Zhongyu Investment for a price of 800 million yuan, equivalent to approximately 6.19 yuan per A-share. Upon completion of the acquisition, the company will hold 20% of the total issued capital of the target company and will become the controlling shareholder of the target company.

YOFC (06869) intends to adopt the 2026 H-share incentive plan.

Changfei Optical Fiber Cable (06869) announced that the board of directors resolved at a meeting held on August 21, 2026, to propose the adoption of the 2026 H-share incentive plan. The board or authorized persons will manage and run the 2026 plan, determine the list of participants, and set the grant date, vesting date, and vesting conditions for the incentive shares. The incentive shares involved shall be existing H-shares purchased on the secondary market by a trustee according to the company's instructions.

US Stock Market Move | Rare earth concept stocks rose, with Critical Metals (CRML.US) up over 13%.

Rare earth concept stocks are rising. As of the time of writing, Critical Metals has increased by over 13%.

CHINANEWTOWN (01278) will distribute an interim dividend of HK$0.0019 per share on September 23.

China New Town (01278) announced that it will distribute a mid-term dividend of HKD 0.0019 per share for the six months ending June 30, 2026, on September 23, 2026.

Dajin Heavy Industry (01081) announced its interim results, with a net profit attributable to the parent company of approximately 601 million yuan, a year-on-year increase of 9.89%.

Daikin Industries (01081) announced its mid-term results for 2026, with operating revenue of approximately 3.253 billion yuan, a year-on-year increase of 14.48%; net profit attributable to shareholders of the listed company was approximately 601 million yuan, a year-on-year increase of 9.89%; basic earnings per share were 0.94 yuan. Export revenue reached 2.675 billion yuan, accounting for 82.25% of total revenue, an increase of 3.3 percentage points, with the value contribution capability of offshore business as the core continued to improve.

US Stock Market Move | Lithium mining stocks rose broadly, with Lithium Argentina (LAR.US) surging over 11%.

On Friday, lithium stock prices rose broadly, with Lithium Argentina (LAR.US) surging over 11%.

QINGDA ORIENTAL (08115) announced its interim results, with a loss attributable to shareholders of 482 million yuan.

Qingda Dongfang (08115) announced its results for the six months ended June 30, 2026, with revenue of 114 million yuan, a year-on-year increase of 155.7%; the loss attributable to shareholders was 482 million yuan, compared to a loss of 418,000 yuan in the same period last year; basic loss per share was 224.63 cents.

MEILAN AIRPORT (00357) plans to sell 6% of the total equity of Hainan Airport Holdings to Hainan Airport Development.

Meilan Airport (00357) announced that on August 21, 2026, its wholly-owned subsidiary, Ruigang Logistics, entered into an equity transfer agreement with Hainan Airport Development, in which Ruigang Logistics will sell and Hainan Airport Development will acquire the target equity (equivalent to 6% of Hainan Airport Holding's total equity). According to the equity transfer agreement, Hainan Airport Development shall pay Ruigang Logistics a total consideration of RMB 109 million for the transfer of the target equity.

JUJIANG CONS (01459) released its interim results, reporting a net loss of 8.767 million yuan, a shift from profit to loss compared to the same period last year.

Giant Construction (01459) announced its interim results for the six months ended June 30, 2026, with group revenue of RMB 2.559 billion, a year-on-year increase of 10.3%; a net loss of RMB 8.767 million, turning from profit to loss compared to the same period last year; and a loss per share of RMB 0.02.

SL GEMINI (02481) announced its interim results, with the profit attributable to owners of the company amounting to approximately 110 million yuan, a decrease of 1.8% compared to the same period last year.

Shuangliang Ruili (02481) announced its mid-term results for 2026, with revenue of approximately 893 million yuan, a year-on-year increase of about 17.5%. Gross profit was around 265 million yuan, representing a year-on-year increase of about 10.7%. The profit attributable to the company's owners was approximately 110 million yuan, a decrease of 1.8% compared to last year. Earnings per share were 0.36 yuan.

CHINANEWTOWN (01278) announced its interim results, with shareholders' profit attributable to them reaching 52.393 million yuan, an increase of 7.63% compared to the same period last year.

China New Town (01278) announced its interim results for the six months ended June 30, 2026. The group achieved operating revenue of RMB 227 million, a year-on-year increase of 18.18%; the profit attributable to equity holders of the parent company was RMB 52.393 million, a year-on-year increase of 7.63%; earnings per share were RMB 0.0054. A mid-term dividend of HKD 0.0019 per share is proposed.

GUDOU HLDGS (08308) announced its interim results, reporting a net loss of 26.456 million yuan, a year-on-year decrease of 13.6%.

Gudu Holdings (08308) released its performance for the six months ending June 30, 2026, reporting revenue of 8.881 million yuan, a decrease of 57.3% year-on-year; a net loss of 26.456 million yuan, narrowing by 13.6% year-on-year; and a basic loss per share of 1.9 cents.

Lens Technology (06613) will distribute an interim dividend of HKD 1.15598 for every 10 shares on October 20.

Lansi Technology (06613) announced that it will distribute a mid-term dividend of HKD 1.15598 for every 10 shares on October 20, 2026.

CIPRUN TECH (01020) subsidiary plans to issue 1.45 billion shares at a discount of approximately 2.4% to acquire all the equity of Jiangsu Oursoft Information Technology Co., Ltd.

Zhongxiruan Technology (01020) announced that on August 21, 2026, the Company, the buyer Aopai Enterprise Holdings Limited (a wholly-owned subsidiary of the Company), and the seller Mr. Meng Defeng entered into a sale and purchase agreement, pursuant to which the buyer conditionally agrees to purchase and the seller conditionally agrees to sell the sale shares for a consideration of RMB 250 million (equivalent to approximately HKD 290 million).

GRAND FIELD GP (00115) issues a profit warning, expecting that the loss attributable to shareholders for the first half of the year will increase to approximately HKD 18 million - 24 million.

Junhao Group (00115) announced that the group expects to incur a loss attributable to equity holders of approximately HKD 18 million to 24 million in the first half of 2026, while for the same period in 2025, the loss attributable to equity holders was approximately HKD 6.1 million.

SMART GLOBE (01481) announced its interim results, with a profit attributable to shareholders of HKD 14.019 million, an increase of 66.4% year-on-year.

Junqiu Holdings (01481) announced its results for the six months ending June 30, 2026, with revenues of HK$190 million, a year-on-year increase of 86.1%; the profit attributable to owners of the company was HK$14.019 million, an increase of 66.4%; basic earnings per share were HK$0.0137.

REALWAY CAPITAL (01835) announced its interim results, reporting a loss attributable to shareholders of the parent company of 2.132 million yuan, marking a year-on-year shift from profit to loss.

Riviera Asset Management (01835) announced its interim results for 2026, reporting a revenue of approximately 13 million yuan, a year-on-year decrease of about 27.9%; the loss attributable to the parent company's owners was 2.132 million yuan, a shift from profit to loss compared to the same period last year; the loss per share was approximately 1.39 cents.

KEYTOP PARKING (02272) announced its interim results, with an adjusted net profit of 28.667 million yuan, continuing to increase its investment in parking lot operations.

Keto Group (02272) announced its interim results for the six months ended June 30, 2026, reporting revenue of 334 million yuan, adjusted net profit of 28.667 million yuan, and a profit attributable to equity shareholders of 25.178 million yuan, with earnings per share of 0.28 yuan.

SMIT (02239) announced its interim results, reporting a loss attributable to owners of approximately $8.9355 million, a decrease of 43.08% year-on-year.

Guowei Holdings (02239) announced its interim results for 2026, with revenue of $8.668 million, a year-on-year increase of 22.69%; the loss attributable to company owners was approximately $8.9355 million, a decrease of 43.08% compared to the previous year; the basic loss per share was $0.03.

The combination of "accelerating growth + cooling inflation" has emerged! The U.S. PMI for August has risen to the highest level since 2022.

In August, business activities in the United States accelerated significantly, with strong expansion in the services sector driving the overall economic growth rate to its highest level in over four years. At the same time, corporate hiring and future business confidence have shown notable improvement. Meanwhile, price pressures have eased, providing new positive signals for the market to assess the prospects of U.S. economic growth and inflation.

IMMUNOTECH-B (06978) released its interim results, with a net loss attributable to shareholders of 69.867 million yuan, a year-on-year reduction of 45.9%.

Eternal Tai Biological-B (06978) announced its results for the six months ending June 30, 2026. During this period, the group achieved other income of RMB 12.597 million, a year-on-year decrease of 3.4%; the loss attributable to shareholders was RMB 69.867 million, a year-on-year narrowing of 45.9%; basic loss per share was RMB 0.11.

EMPEROR WATCH&J (00887) will distribute an interim dividend of HKD 0.009 per share on September 18.

Empire Watch & Jewelry (00887) announced that the company will distribute an interim dividend of HKD 0.009 per share for the six months ended June 30, 2026, on September 18, 2026.

CHINFMINING (01258) will distribute a mid-term dividend of $0.011113 per share on September 17.

China Nonferrous Mining (01258) announced that it will distribute an interim dividend of $0.011113 per share for the period ending June 30, 2026, on September 17, 2026.

CAPITAL ENV (03989) announced its interim results, with net profit attributable to owners of the parent company approximately 211 million yuan, an increase of 12.18% year-on-year.

EcoEnviro (03989) announced its interim results for 2026, with revenue of approximately 1.859 billion yuan, a year-on-year decrease of 0.89%. Profit attributable to shareholders amounted to approximately 211 million yuan, an increase of 12.18% compared to the previous year; earnings per share are 1.48 cents.

CHINFMINING (01258) released its interim results, with net profit attributable to shareholders of $434 million, an increase of 64.68% year-on-year.

China Nonferrous Mining Corporation (01258) announced its interim results for the six months ending June 30, 2026, with revenues of $2.261 billion, an increase of 29.09% year-on-year; profit attributable to shareholders reached $434 million, a 64.68% increase year-on-year; earnings per share were 11.11 cents, and an interim dividend of 1.1113 cents per share is proposed.

US Stock Market Move | Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 7% as Q1 net profit came in below expectations.

On Friday, Alibaba (BABA.US) fell by over 7%, closing at $120.57.

Dajin Heavy Industry (01081) will distribute an interim dividend of 0.88 yuan for every 10 shares.

Daikin Industries (01081) announced that it will distribute an interim dividend of 0.88 yuan for every 10 shares for the six-month period ending June 30, 2026.

SHOUGANG RES (00639) plans to adopt the 2026 stock option incentive plan.

Shougang Resources (00639) announced that the board of directors is pleased to have resolved and approved the proposed adoption of the Company's 2026 Stock Option Incentive Plan (the Plan) on August 21, 2026. The directors believe that the continued success of the Group is closely related to the input and efforts of its employees. The proposed adoption of the Plan can serve as a reward to encourage employees to make greater contributions to the Group.

ZHONGAN GROUP (00672) announced its interim results, reporting a shareholder loss of 219 million yuan, marking a shift from profit to loss year-on-year.

Zhong An Group (00672) announced its interim results for the six months ending June 30, 2026, during which the group recorded revenue of RMB 1.611 billion, a year-on-year decrease of 75.43%; the loss attributable to equity holders of the parent company was RMB 219 million, a shift from profit to loss compared to the same period last year; basic loss per share was 3.9 cents.

YURUN FOOD (01068) announced its interim results, with a loss attributable to shareholders of approximately HKD 9.508 million, a year-on-year decrease of 11.99%.

China Yuanchuang Foods (01068) announced its interim results for 2026, with revenue of HKD 248 million, a year-on-year decrease of 2.7%; the loss attributable to equity holders was approximately HKD 9.508 million, narrowing by 11.99% compared to the previous year; the basic and diluted loss per share is HKD 0.005.

HANKING GOLD (03788): Drilling confirms significant gold mineralization at the historical waste rock pile of the MT BUNDY gold project RUSTLERS ROOST.

Hankang Gold (03788) announced that it has completed the reverse circulation drilling project on the historical waste rock pile of the Rustlers Roost gold deposit under the Mt Bundy gold mining project, which is wholly owned by the company and located in the Northern Territory of Australia. A total of 41 reverse circulation drill holes were constructed, with a total depth of 960 meters, covering the entire area of the waste rock pile. The drilling confirmed the presence of gold mineralization throughout the entire waste rock pile, with grades significantly higher than the cut-off grades used in the final feasibility study (Feasibility Study) for the Mt Bundy gold project. This portion of material is oxidized ore, which has been mined and crushed, and is adjacent to the proposed processing plant currently under construction; it was not included in the mineral resource and ore reserve estimates that form the basis of the final feasibility study.

AI ENERGY ENG (01751) released its interim results, reporting a net loss of HKD 9.9 million, an increase of 115.2% year-on-year.

ZhiSuanNengJian (01751) announced its performance for the six months ended June 30, 2026, during which the group recorded revenue of HKD 52.1 million, an increase of 64.4% year-on-year; a net loss of HKD 9.9 million, a year-on-year increase of 115.2%; and a basic loss per share of HKD 0.0288.

BEIJING MEDIA (01000) announced its interim results, reporting a loss attributable to shareholders of 19.427 million yuan, an increase of 2% compared to the same period last year.

Beijing Youth Media (01000) reported its performance for the six months ending June 30, 2026, showing total revenue of 52.639 million yuan, a year-on-year decrease of 20.2%; a net loss attributable to shareholders of 19.427 million yuan, widening by 2% year-on-year; and a basic loss per share of 0.10 yuan.

LONGBIO-B(01779) plans to implement full circulation of H shares.

Tianchen Biology-B (01779) announced that Dr. Chen Kan has submitted his resignation as a non-executive director, effective from August 31, 2026, in order to dedicate more time to other business commitments.

US Stock Market Move | NTES (NTES.US) rose 7%, with second-quarter gaming revenue exceeding expectations.

On Friday, NetEase (NTES.US) rose 7% to $128.29.

TL NATURAL GAS (08536) plans to invest 4.6 million yuan to set up a joint venture, focusing on the Hainan Free Trade Port, leveraging unmanned vehicles and intelligent logistics business.

TL NATURAL GAS (08536) announced that on August 21, 2026, the company's wholly-owned subsidiary, Jie Kai, entered into a joint venture agreement with partners to establish a joint venture. According to the terms of the joint venture agreement, the registered capital of the joint venture will be 10 million yuan. Jie Kai, Yao Xing Hao Yun, and Xing Hui Jiu Shi will contribute 4.6 million yuan, 3.5 million yuan, and 1.9 million yuan to the joint venture, accounting for 46%, 35%, and 19% of the joint venture's registered capital, respectively.

PEIJIA-B (09996) released its interim results, with revenue of 425 million yuan, a year-on-year increase of 20.1%.

Peijia Medical-B (09996) announced its mid-term results for 2026, with revenue of 425 million yuan, an increase of 20.1% year-on-year; gross profit of 290 million yuan, up 17.13% year-on-year; and R&D expenses of 88.409 million yuan.

SINO-OCEAN GP (03377) issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately 6 billion to 8 billion yuan.

P&O Group (03377) announced that it expects to incur a loss attributable to the companys owners of approximately RMB 6.0 billion to RMB 8.0 billion for the period ending June 30, 2026. For the period ending June 30, 2025, the company is expected to report a profit attributable to the companys owners of approximately RMB 10.202 billion, primarily benefiting from a one-time debt restructuring gain.

CONCORD HC GP (02453) released its interim results, reporting a loss attributable to shareholders of 77.338 million yuan, a year-on-year reduction of 56.2%.

Meizhong Jiahe (02453) announced its performance for the six months ending June 30, 2026, with revenue of 270 million yuan, a year-on-year increase of 34.2%; the loss attributable to the companys owners was 77.338 million yuan, a year-on-year decrease of 56.2%; basic loss per share was 9.87 cents.

FAMOUS TECH INT (08100) announced its interim results, reporting a loss attributable to owners of HKD 7.028 million, narrowing by 5.28% year-on-year.

Mingke International (08100) announced its interim results for 2026, with revenue of HK$40.883 million, a year-on-year increase of 2.92%; the loss attributable to owners of the company narrowed to HK$7.028 million, a year-on-year decrease of 5.28%; loss per share was HK$0.0158.

DT CAPITAL-OLD (00356) announced its interim results, with a loss attributable to shareholders of HK$4.3052 million, an increase of 143.50% year-on-year.

Dingli Capital (00356) announced its interim results for the six months ending June 30, 2026, with group revenue of HKD 279,700, an increase of 0.76% year-on-year; the loss attributable to shareholders was HKD 4,305,200, an increase of 143.50% year-on-year; loss per share was HKD 0.0235.

KOS TALENT GP (08042) announced its interim results, reporting a net loss of HKD 324,000, a shift from profit to loss year-on-year.

Gaoshi Talent Group (08042) announced its interim results for 2026, with revenue of approximately HKD 141 million, an increase of 3.53% year-on-year; a net loss of HKD 324,000, a transition from profit to loss compared to the same period last year; and a loss per share of HKD 0.04.

EDDING GENOR (06998) issued a profit warning, expecting a mid-term net loss of 60 million to 70 million yuan, a reversal from profit to loss compared to the same period last year.

Yiteng Jiahe (06998) announced that it expects the Group to achieve revenue of approximately RMB 850 million to 900 million for the six months ending June 30, 2026, compared to revenue of approximately RMB 1.1355 billion for the six months ending June 30, 2025; and a net loss of approximately RMB 60 million to RMB 70 million, whereas the net profit for the six months ending June 30, 2025, was approximately RMB 115 million.

New Stock News | Store scale exceeds 3,000 locations, Qian Dama's core operating indicators continue to improve.

According to the latest financial data from Qian Dama, the adjusted net profit for the first half of 2026 is 104 million yuan, an increase of 3.7% compared to the same period in 2025.

MEMESTRATEGY (02440) released its mid-term results, reporting a loss attributable to shareholders of 73.11 million yuan, an increase of 115.3% year-on-year.

Mistral Strategy (02440) announced its performance for the six months ending June 30, 2026, with revenue of 29.673 million yuan, a year-on-year increase of 36.9%; the loss attributable to the owners of the company was 73.11 million yuan, an increase of 115.3% year-on-year; basic loss per share was 17.53 cents.

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

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Xiamen Releases Twelve Measures to Promote Exchange and Cooperation with Taiwan

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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.

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