--- title: "Daily Hong Kong Stock Market News Briefing (January 27, Monday)" type: "News" locale: "en" url: "https://longbridge.com/en/news/226300879.md" description: "Daily Hong Kong Stock Market News Brief: New World Development is negotiating with potential buyers for the sale of K11 Art Mall; China Life Insurance expects a net profit of RMB 102.368 billion to RMB 112.605 billion in 2024, a year-on-year increase of 100% to 120%; PICC Group expects a net profit attributable to shareholders of RMB 39.853 billion to RMB 44.407 billion in 2024, a year-on-year increase of 75% to 95%; Guotai Junan expects revenue of RMB 43.406 billion and net profit of RMB 13.018 billion in 2024; CIMC Group expects a net profit of RMB 2.5 billion to RMB 3.5 billion, a year-on-year increase of 493% to 731%; China Eastern Airlines issued a profit warning, expecting a net loss of RMB 3.3 billion to RMB 4.3 billion; Datang Power expects a net profit attributable to shareholders of RMB 4.2 billion to RMB 4.8 billion; CHINFMINING expects an annual profit of USD 400 million; CHALIECO expects a net profit attributable to shareholders of RMB 170 million to RMB 230 million; China Petroleum & Chemical Corporation expects an oil and gas equivalent production of approximately 515 million barrels in 2024, a year-on-year increase of 2.21%" datetime: "2025-01-27T01:09:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/226300879.md) - [en](https://longbridge.com/en/news/226300879.md) - [zh-HK](https://longbridge.com/zh-HK/news/226300879.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/226300879.md) | [繁體中文](https://longbridge.com/zh-HK/news/226300879.md) # Daily Hong Kong Stock Market News Briefing (January 27, Monday) Individual Stock News 1. New World Development (00017.HK): The company is in negotiations with potential buyers regarding the potential sale of K11 Art Mall, but no binding agreements have been made regarding such sales. 2. China Life Insurance (02628.HK): It is expected that the net profit for the year 2024 will be approximately RMB 102.368 billion to RMB 112.605 billion, representing a year-on-year increase of about 100% to 120%. 3. PICC Group (01339.HK): The company issued a profit warning, expecting the net profit attributable to shareholders for the year 2024 to be between RMB 39.853 billion and RMB 44.407 billion, a year-on-year increase of 75% to 95%. 4. Guotai Junan (02611.HK): The revenue for 2024 is expected to be RMB 43.406 billion, an increase of 20.1% year-on-year; net profit is expected to be RMB 13.018 billion, an increase of 38.87% year-on-year. 5. CIMC Group (02039.HK): It is expected that the net profit for 2024 will be between RMB 2.5 billion and RMB 3.5 billion, representing a year-on-year increase of 493% to 731%. 6. China Eastern Airlines Corporation (00670.HK): The company issued a profit warning, expecting a net loss for 2024 to be between RMB 3.3 billion and RMB 4.3 billion, significantly narrowing year-on-year. 7. Datang Power (00991.HK): The company issued a profit warning, expecting the net profit attributable to shareholders for 2024 to be approximately RMB 4.2 billion to RMB 4.8 billion, a year-on-year increase of about 208% to 252%. 8. CHINFMINING (01258.HK): The company issued a profit warning, expecting annual profits to be approximately USD 400 million, a year-on-year increase of about 44%. 9. CHALIECO (02068.HK): It is expected that the net profit attributable to shareholders for 2024 will be approximately RMB 170 million to RMB 230 million. 10. China Petroleum & Chemical Corporation (00386.HK): The company released its production and operation data for 2024, with oil and gas equivalent production of approximately 515 million barrels, a year-on-year increase of 2.21%; crude oil production of approximately 282 million barrels, a year-on-year increase of 0.26%; and natural gas production of 14,003.9 billion cubic feet, a year-on-year increase of 4.68% ### Related Stocks - [CHINFMINING (01258.HK)](https://longbridge.com/en/quote/01258.HK.md) - [PICC Group (601319.CN)](https://longbridge.com/en/quote/601319.CN.md) - [PICC GROUP (01339.HK)](https://longbridge.com/en/quote/01339.HK.md) - [Datang Power (601991.CN)](https://longbridge.com/en/quote/601991.CN.md) - [DATANG POWER (00991.HK)](https://longbridge.com/en/quote/00991.HK.md) - [CHALIECO (601068.CN)](https://longbridge.com/en/quote/601068.CN.md) - [CHALIECO (02068.HK)](https://longbridge.com/en/quote/02068.HK.md) - [GTHT (02611.HK)](https://longbridge.com/en/quote/02611.HK.md) - [Marriott International, Inc. 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