--- title: "Daily Hong Kong Stock Market News Briefing (January 17, Friday)" type: "News" locale: "en" url: "https://longbridge.com/en/news/225271021.md" description: "1. Vanke's president has been rumored to be taken away and may face takeover and restructuring. \n2. Innovent Biologics' stock price fluctuated, but business remains normal. \n3. REMEGEN expects a net loss of 1.47 billion yuan in 2024. \n4. China Tourism Group's net profit in 2024 is expected to be 4.263 billion yuan, a decrease of 36.5% year-on-year. \n5. China Pacific Insurance's premium income in 2024 is expected to be 238.823 billion yuan, a year-on-year increase of 2.4%. \n6. China Evergrande's liquidation hearing has been postponed to March 12. \n7. MEITU plans to distribute a special dividend of HKD 0.109 per share. \n8. Zijin Mining plans to acquire a 24.82% stake in Tibet Huayu Mining. \n9. LUK FOOK HOLD's retail value fell by 6% in the third quarter. \n10. Shimao Group will hold a creditors' meeting on February 24. \n11. CSPC PHARMA's antibody drug has received approval for clinical trials in the United States. \n12. LIFESTYLE CHI has raised its privatization offer price to HKD 0.98 per share. \n13. Tencent Holdings repurchased 3.93 million shares, totaling HKD 1.5 billion" datetime: "2025-01-17T01:08:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225271021.md) - [en](https://longbridge.com/en/news/225271021.md) - [zh-HK](https://longbridge.com/zh-HK/news/225271021.md) generator: "portal-rs" --- # Daily Hong Kong Stock Market News Briefing (January 17, Friday) Individual Stock News 1. Vanke Enterprises (02202.HK) President Zhu Jiusheng updated his social media, following rumors of being taken away by public security authorities. Reports indicate that the relevant working group in Shenzhen has fully intervened in Vanke, and the company may face takeover and restructuring. 2. Innovent Biologics (01801.HK): Stock price fluctuation, the company's business operations are normal, and there have been no changes. 3. REMEGEN (09995.HK): Expected net loss attributable to the parent company in 2024 is approximately 1.47 billion yuan, a year-on-year narrowing of about 3%. 4. China Duty Free Group (01880.HK): Net profit for the year 2024 is 4.263 billion yuan, a year-on-year decrease of 36.5%. 5. China Pacific Insurance (02601.HK): Pacific Life Insurance's cumulative original insurance premium income for 2024 is 238.823 billion yuan, a year-on-year increase of 2.4%. 6. China Evergrande (03333.HK): The Hong Kong High Court will postpone the hearing on the winding-up petition against Tianji Holdings to March 12, continuing the suspension of trading. 7. MEITU (01357.HK): Plans to declare a special dividend of HKD 0.109 per share. 8. Zijin Mining (02899.HK): Plans to acquire 24.82% of Zangge Mining for 13.729 billion yuan. 9. LUK FOOK HOLD (00590.HK): Overall retail value in the third quarter decreased by 6% year-on-year, and retail revenue decreased by 9% year-on-year. 10. Shimao Group (00813.HK): A meeting of planned creditors will be held on February 24, and a substantive hearing on the petition will be held by the High Court on March 13. 11. CSPC PHARMA (01093.HK): SYS 6043 (antibody-drug conjugate) has received approval for clinical trials in the United States. 12. LIFESTYLE CHI (02136.HK): The privatization offer cancellation price is proposed to be raised to HKD 0.98 per share. 13. Tencent Holdings (00700.HK): Spent approximately HKD 1.5 billion to repurchase 3.93 million shares. 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