--- title: "Daily Hong Kong Stock Market News Summary (March 28, Friday)" type: "News" locale: "en" url: "https://longbridge.com/en/news/233541191.md" description: "1. Three Squirrels plans to issue H shares and list on the Hong Kong Stock Exchange. \n2. Nio intends to raise HKD 3.5 billion. \n3. SMIC's revenue in 2024 is expected to be CNY 57.796 billion, with a net profit of CNY 3.699 billion. \n4. CNOOC's revenue in 2024 is expected to be CNY 420.506 billion, with a net profit of CNY 137.936 billion. \n5. Weichai Power's revenue in 2024 is expected to be CNY 215.691 billion, with a net profit of CNY 11.403 billion. \n6. NCI's revenue in 2024 is expected to be CNY 132.044 billion, with a net profit of CNY 26.229 billion. \n7. CIMC's revenue in 2024 is expected to be CNY 177.664 billion, with a net profit of CNY 2.972 billion. \n8. Huadian International's revenue in 2024 is expected to be CNY 112.392 billion, with a net profit of CNY 5.67 billion. \n9. Country Garden Services' revenue in 2024 is expected to be CNY 43.993 billion, with a net profit of CNY 1.808 billion, and plans to repurchase CNY 500 million. \n10. Longguang Group's revenue in 2024 is expected to be CNY 23.265 billion, with a net loss of CNY 6.298 billion" datetime: "2025-03-28T01:07:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/233541191.md) - [en](https://longbridge.com/en/news/233541191.md) - [zh-HK](https://longbridge.com/zh-HK/news/233541191.md) generator: "portal-rs" --- # Daily Hong Kong Stock Market News Summary (March 28, Friday) 1. Three Squirrels: The company plans to issue H shares and apply for listing on the main board of the Hong Kong Stock Exchange. 2. Nio (09866.HK) intends to raise HKD 3.5 billion through a placement of Hong Kong stocks. 3. SMIC (00981.HK): Revenue for 2024 is expected to be CNY 57.796 billion, a year-on-year increase of 27.7%; net profit attributable to shareholders is expected to be CNY 3.699 billion, a year-on-year decrease of 23.3%. 4. CNOOC (00883.HK): Revenue for 2024 is expected to be CNY 420.506 billion, a year-on-year increase of 0.94%; net profit is expected to be CNY 137.936 billion, a year-on-year increase of 11.38%. Annual oil and gas production is expected to reach 726.8 million barrels of oil equivalent, a year-on-year increase of 7.2%. 5. Weichai Power (02338.HK): Revenue for 2024 is expected to be CNY 215.691 billion, a year-on-year increase of 0.81%; net profit is expected to be CNY 11.403 billion, a year-on-year increase of 26.51%. 6. NCI (01336.HK): Total revenue for 2024 is expected to be CNY 132.044 billion, a year-on-year increase of 82.7%. Net profit is expected to be CNY 26.229 billion, an increase of 201.1% compared to the previous year, reaching a historical high, mainly influenced by the rise in the capital market. 7. CIMC (02039.HK): Revenue for 2024 is expected to be CNY 177.664 billion, a year-on-year increase of 39.01%; net profit is expected to be CNY 2.972 billion, a year-on-year increase of 605.60%. 8. Huaneng International Power (01071.HK): Revenue for 2024 is expected to be CNY 112.392 billion, a year-on-year decrease of 3.42%; net profit is expected to be CNY 5.67 billion, a year-on-year increase of 23.23%. 9. Country Garden Services (06098.HK): Revenue for 2024 is expected to be CNY 43.993 billion, a year-on-year increase of 3.24%; net profit is expected to be CNY 1.808 billion, a year-on-year increase of 518.59%. The company plans to use no less than CNY 500 million to repurchase shares in the open market within the next year. 10. Longfor Group (03380.HK): Revenue for 2024 is expected to be CNY 23.265 billion, with a net loss of CNY 6.298 billion, mainly due to the continued downturn in the real estate industry, low gross profit levels, and provisions for inventory impairment ### Related Stocks - [600938.CN](https://longbridge.com/en/quote/600938.CN.md) - [00883.HK](https://longbridge.com/en/quote/00883.HK.md) - [601336.CN](https://longbridge.com/en/quote/601336.CN.md) - [01336.HK](https://longbridge.com/en/quote/01336.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [300783.CN](https://longbridge.com/en/quote/300783.CN.md) - [03380.HK](https://longbridge.com/en/quote/03380.HK.md) - [06098.HK](https://longbridge.com/en/quote/06098.HK.md) - [01071.HK](https://longbridge.com/en/quote/01071.HK.md) - [02039.HK](https://longbridge.com/en/quote/02039.HK.md) - [02338.HK](https://longbridge.com/en/quote/02338.HK.md) ## Related News & Research - [SMIC files HKEX next-day disclosure return, issues 80,372 new shares to lift share capital](https://longbridge.com/en/news/298440696.md) - [CNOOC H1 FY26 net profit attributable to shareholders rises 23.4% to RMB 85.82 billion; revenue climbs 16.9% to RMB 242.66 billion](https://longbridge.com/en/news/298286459.md) - [CNOOC files board, committee and disclosure management roster](https://longbridge.com/en/news/298705680.md) - [SMIC files HKEX next-day disclosure return, issues 1,000 new shares to lift share capital](https://longbridge.com/en/news/298203671.md) - [EXPLAINER-How China's oil majors helped Beijing prepare for an energy crisis](https://longbridge.com/en/news/298688758.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**