---
title: "Daily Hong Kong Stock Market News Express (Wednesday, September 4)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/213368068.md"
description: "Hong Kong stock market news covers multiple company updates: Sanergy Group's stock price plummeted due to forced liquidation of shareholders' shares; Midea Real Estate reported contract sales of approximately RMB 25.91 billion; Powerlong replaced its auditor; China Telecom will distribute dividends; Leapmotor continues to expand its stores; Huazhu Group replaced its CFO; Zhenro Property's contract sales decreased by 57.43% year-on-year; Shenwan Hongyuan released bond redemption information"
datetime: "2024-09-04T01:08:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/213368068.md)
  - [en](https://longbridge.com/en/news/213368068.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/213368068.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/213368068.md) | [繁體中文](https://longbridge.com/zh-HK/news/213368068.md)


# Daily Hong Kong Stock Market News Express (Wednesday, September 4)

Individual Stock News

1.  SANERGY GROUP (02459.HK) responded to a 98% plunge in stock price: Some shareholders' holdings were forcibly liquidated.
    
2.  MIDEA REAL EST (03990.HK): As of the eight months ended on August 31, 2024, the Group, together with its joint ventures and associates, achieved a contract sales amount of approximately RMB 25.91 billion, with a corresponding sold construction area of approximately 2.307 million square meters.
    
3.  POWERLONG (01238.HK): Kingkey Certified Public Accountants has resigned as the company's auditor considering various factors (including its available internal resources), effective from September 3, 2024.
    
4.  China Telecom (00728.HK): The company plans to distribute a cash dividend of RMB 0.1671 per share (tax included) for the first half of 2024, with the record date on September 10, 2024, and the ex-dividend date on September 11, 2024.
    
5.  Leapmotor (09863.HK): Leapmotor opened 30 new stores in August, bringing the total number of stores nationwide to 653 as of August 31.
    
6.  Huazhu Group (01179.HK): Mr. Zou Jun will resign as the Chief Financial Officer of the company due to personal reasons, and Ms. Chen Hui will be appointed as the Chief Financial Officer, effective from September 4, 2024.
    
7.  ZHENRO PPT (06158.HK): For the month ended on August 31, 2024, the Group, together with its joint ventures and associates, achieved a cumulative contract sales amount of approximately RMB 430 million, a year-on-year decrease of 57.43%. The contracted sales construction area is approximately 25,258 square meters, and the average contracted selling price as of the month ended on August 31, 2024, is approximately RMB 17,000 per square meter.
    
8.  Shenwan Hongyuan (06806.HK): "23 Shen Hong 03" will be redeemed, interest paid, and delisted on September 5, with a coupon rate of 2.49% and an issuance size of RMB 1.6 billion. The interest distributed per RMB 1,000 is RMB 24.90 (tax included).
    
9.  Alibaba Pictures (01060.HK): Subsidiary Zhonglian Shengshi entered into a framework agreement for commissioned production cooperation with Youku Information, to commission related Youku member companies to provide commissioned production services

### Related Stocks

- [POWERLONG (01238.HK)](https://longbridge.com/en/quote/01238.HK.md)
- [MIDEA REAL EST (03990.HK)](https://longbridge.com/en/quote/03990.HK.md)
- [SANERGY GROUP (02459.HK)](https://longbridge.com/en/quote/02459.HK.md)
- [ZHENRO PPT (06158.HK)](https://longbridge.com/en/quote/06158.HK.md)

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