---
title: "Daily Hong Kong Stock Market News Express (Thursday, September 5)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/213487923.md"
description: "Important News Summary:
1. FTSE China A50 Index adjustment, including CNNP and HHP, with China Coal Energy as a backup, will take effect in September 2024.
2. Hang Seng Index Company adds Hong Kong Stock Connect Index fast inclusion rules.
Individual Stock News:
1. Zhengzhou Bank plans to sell assets worth 10 billion RMB.
2. Luoyang Molybdenum provides guarantees expected not to exceed 1.387 billion USD.
3. Rongxin China's contract sales in August were about 1.0755 billion RMB, a year-on-year increase of 23.34%.
4. Xiangsheng Holdings' contract sales in August were about 181 million RMB.
5. Autohome initiates a 200 million USD share repurchase.
6. China Oil and Gas Holdings' liquidation hearing postponed"
datetime: "2024-09-05T01:04:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/213487923.md)
  - [en](https://longbridge.com/en/news/213487923.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/213487923.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/213487923.md) | [繁體中文](https://longbridge.com/zh-HK/news/213487923.md)


# Daily Hong Kong Stock Market News Express (Thursday, September 5)

### Important News

1.  The FTSE China A50 Index will include CNNP and HHP, and remove China Merchants and Jinlongyu. This change will officially take effect after the market closes on Friday, September 20, 2024. At the same time, the FTSE China A50 Index reserve stock list will include China Coal Energy, China Shipbuilding, China Unicom, Northern Huachuang, and Luoyang Molybdenum until the next quarter's constituent stock review. If one or more constituent stocks are removed, the reserve stocks will be used.
    
2.  Hang Seng Index Company: Added fast inclusion rules to the Stock Connect Index.
    

### Individual Stock News

1.  Zhengzhou Bank (06196.HK): The bank's Zhongyuan Assets has entered into an asset disposal agreement, planning to sell the disposed assets to Zhongyuan Assets for a total consideration of RMB 10 billion, to be paid in cash of RMB 5 billion and trust beneficiary rights with a total value of RMB 5 billion.
    
2.  Luoyang Molybdenum (03993.HK) announced that the company directly or through wholly-owned subsidiaries will provide guarantees to other wholly-owned subsidiaries in an aggregate amount not exceeding USD 1.387 billion.
    
3.  Ronshine China (03301.HK): In August 2024, the group's total contracted sales amounted to approximately RMB 1.0755 billion, a year-on-year increase of 23.34%. The contracted construction area is approximately 53,006 square meters, with a construction contract price of approximately RMB 20,290 per square meter; in the first 8 months of 2024, the total contracted sales of the group amounted to approximately RMB 5.039 billion.
    
4.  Xiangsheng Holdings Group (02599.HK): In August 2024, the total contracted sales of the group amounted to RMB 181 million, the contracted construction area is approximately 13,937 square meters, and the average contract selling price is approximately RMB 12,962 per square meter. The total contracted sales of the group in the first 8 months amounted to approximately RMB 2.627 billion.
    
5.  Autohome Inc. (02518.HK): The company's board of directors announced that starting from September 4, 2024, under the new share repurchase plan, shares worth USD 200 million (including American depositary shares) will be repurchased.
    
6.  CNOOC Limited (00702.HK): The High Court approved the further adjournment of the hearing for the winding-up petition to December 23, 2024, on September 4, 2024

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