--- title: "Zhitong Hong Kong Stock Early Knowledge | Joseph Tsai and Eddie Wu increased their holdings in Alibaba by HKD 120 million, with BUSYMING's mid-term net profit attributable to the parent company increasing by 155.39% year-on-year" type: "News" locale: "en" url: "https://longbridge.com/en/news/296837487.md" description: "Alibaba Chairman Joseph Tsai and CEO Eddie Wu collectively increased their holdings by 1.07 million shares of Hong Kong stocks, involving approximately HKD 120 million. BUSYMING's mid-term net profit attributable to shareholders surged 155.39% year-on-year. The Ministry of Industry and Information Technology released a draft for public consultation on the construction of a standard system for humanoid robots, covering nine major sectors to promote industrial development. In the U.S. stock market, the Dow Jones Industrial Average rose slightly, while the NASDAQ and S&P 500 fell, with the storage and optical communication sector declining; the NASDAQ Golden Dragon China Index dropped 1.66%, and WTI crude oil fell 2.39%" datetime: "2026-08-24T23:31:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296837487.md) - [en](https://longbridge.com/en/news/296837487.md) - [zh-HK](https://longbridge.com/zh-HK/news/296837487.md) generator: "portal-rs" --- # Zhitong Hong Kong Stock Early Knowledge | Joseph Tsai and Eddie Wu increased their holdings in Alibaba by HKD 120 million, with BUSYMING's mid-term net profit attributable to the parent company increasing by 155.39% year-on-year **【Today's Headlines】** **Ministry of Industry and Information Technology Seeks Public Opinion on Guidelines for the Construction of Humanoid Robot Standard System** On August 24, the Ministry of Industry and Information Technology released a public notice soliciting opinions on the "Guidelines for the Construction of National Humanoid Robot Industry Standard System (2026 Edition)" (draft for comments). The guidelines aim to strengthen the systematic planning of humanoid robot standardization work, leverage standards to support cutting-edge technological innovation and regulate market order, and promote the high-quality development of the humanoid robot industry. The guidelines mainly standardize the technical and industrial foundation of humanoid robots, covering nine major sectors in the basic general field, specifically including: AA terminology and definitions, AB classification and grading, AC digital identity, AD pilot testing and concept verification, AE testing and evaluation, AF reliability and maintainability, AG open source and openness, AH sustainability, and AI other sections. **【Market Outlook】** **NASDAQ Golden Dragon China Index Falls 1.66%** Overnight, U.S. stocks closed with the Dow Jones Industrial Average rising 140.15 points from the previous trading day, closing at 53,417.16 points, an increase of 0.26%; the S&P 500 index fell 21.51 points, closing at 7,652.86 points, a decrease of 0.28%; the NASDAQ Composite Index fell 200.26 points, closing at 25,980.19 points, a decrease of 0.76%. The storage and optical communication sectors declined, with SanDisk down 6.45%, Seagate Technology down 6.51%, Micron Technology down 5.83%, Western Digital down 5.24%, and SK Hynix down 4.92%; the "Tech Giants" had mixed results, with NVIDIA down 2.91%; the NASDAQ Golden Dragon China Index fell 1.66%, while the Hang Seng Index ADR rose, closing at 25,661.81 points, up 144.48 points or 0.57% compared to the Hong Kong close. WTI crude oil futures for the current month fell by $2.08, closing at $84.98 per barrel, a decrease of 2.39%. COMEX gold futures for the current month rose by $29.40, an increase of 0.63%, closing at $4,710.0 per ounce. **【Hot Topics Ahead】** **Sources: Becerra May Use Nearly $1 Trillion in Treasury General Account Funds to Finance Bond Buybacks** According to two senior Treasury officials, the U.S. Treasury may utilize nearly $1 trillion in Treasury General Account funds to support the recently announced expansion of the U.S. bond buyback program. Utilizing the TGA account will provide the Treasury with a powerful tool to influence long-term bond yields. Last week, the Treasury announced that it would double the buyback scale of long-term non-newly issued bonds from $2 billion to at least $4 billion, a move that surprised the market. Treasury Secretary Scott Becerra stated that the actual operational scale may even exceed this new minimum threshold. However, the Treasury did not specify the source of the buyback funds. Most market participants had previously anticipated that the Treasury would raise funds by issuing short-term Treasury bills, and the aforementioned Treasury officials did not rule out that option **WuXi AppTec: DEL platform encounters cybersecurity incident, currently operating normally** WuXi AppTec announced that its DNA Encoded Library platform in the biological business segment recently encountered a cybersecurity incident. After the incident, the company immediately activated its emergency response mechanism, hiring external cybersecurity experts and legal advisors to jointly handle and conduct a comprehensive investigation. As of now, the company's information technology systems are operating normally, the security of the DEL platform is under control, and no evidence of data being disclosed, misused, or improperly utilized has been found. The company has proactively contacted affected customers for communication, and operations are running normally without any impact on service capabilities. The company is further strengthening cybersecurity measures and will continue to monitor subsequent developments. **Joseph Tsai and Eddie Wu collectively increase their holdings in Alibaba by HKD 120 million** According to the latest disclosure from the Hong Kong Stock Exchange, Alibaba Group Chairman Joseph Tsai and CEO Eddie Wu recently collectively increased their holdings by purchasing 1.07 million shares of Alibaba's Hong Kong stock, involving an amount of approximately HKD 120 million. Among them, Joseph Tsai bought 720,000 shares at an average price of about HKD 112 per share, costing approximately HKD 80 million; Eddie Wu bought 350,000 shares at an average price of about HKD 111.6 per share, costing approximately HKD 40 million. This increase in holdings occurred after Alibaba announced a large-scale placement of shares. **Ganfeng Lithium: Signs key integration agreement for PPGS lithium salt lake project with LAR** Ganfeng Lithium announced that Ganfeng International and LAR have signed a series of definitive key agreements for the joint development of the PPGS lithium salt lake project, integrating the project under Millennial. Upon completion of the integration, Ganfeng International and LAR will hold 67% and 33% equity in Millennial, respectively, proportionately holding project rights. The project is planned to be constructed in three phases, with a total designed capacity of 150,000 tons of lithium carbonate equivalent per year, expected to complete integration by the end of the third quarter of 2026 and obtain RIGI approval by the end of the year. **Leapmotor (09863): New architecture assisted driving solution to be released in September** At the mid-year performance meeting in 2026, Leapmotor's management revealed that the company's urban navigation assisted driving is currently available across the entire ABCD model range and plans to push the national urban navigation assisted driving to 3.0 architecture models in the third quarter of this year. Additionally, the company will release a new architecture assisted driving solution in September, achieving an upgraded intelligent driving experience. **Sunac China: Acquires 100% equity of Ranjin Management, transforming to "asset management + asset operation"** Sunac China announced that on August 24, the buyer entered into a sales agreement with the seller, Rongzhe Gongchuang Holdings Limited, under which the seller conditionally agreed to sell, and the buyer conditionally agreed to acquire 100% equity of the target company. The target company, Rongshun Investment Limited, indirectly holds 100% equity of Ranjin Management. **China Civil Aviation Information Network (00696) releases interim results, net profit attributable to parent company of RMB 1.543 billion, up 6.59% year-on-year** Earnings per share of RMB 0.53; proposes to distribute a final cash dividend of RMB 0.276 per share for 2025. Revenue from aviation information platform services (including data service revenue from previously disclosed "aviation information technology services" and "other income," as well as logistics business revenue) accounted for 57.2% of the group's total revenue in the first half of 2026, compared to 61.5% in the first half of 2025 The revenue from aviation information platform services decreased from 2.393 billion yuan in the first half of 2025 to 2.352 billion yuan in the first half of 2026, a decline of 1.7%. **Cambridge Technology (06166) announced its interim results, with a net profit attributable to shareholders of approximately 328 million yuan, a year-on-year increase of 171.08%** Basic earnings per share are 0.93 yuan. During the reporting period, the company's performance was driven by the high-quality development of its three core businesses: high-speed optical modules, broadband access, and wireless access. Among them, the high-speed optical module business performed particularly well. On one hand, strong market demand led to a significant increase in orders, and the company supported a substantial year-on-year growth in shipment value through high-quality and timely deliveries. On the other hand, the optimization of the product structure significantly improved the gross profit margin. **Luxshare Precision (02475) issued a profit warning, expecting net profit attributable to shareholders for the first three quarters to be approximately 13.25 billion to 14.4 billion yuan, a year-on-year increase of about 15% to 25%** Basic earnings per share are expected to be approximately 1.79 yuan to 1.95 yuan, compared to 1.59 yuan in the same period last year. Looking ahead to the first three quarters of 2026, the company will continue to promote its established strategic layout, deepen customer cooperation around three core businesses: consumer electronics, communications and data centers, and automotive electronics, accelerate the implementation of key projects, and maintain a steady development trend overall, with an expected year-on-year net profit growth of 15%–25% attributable to shareholders of the listed company. **JACOBUS-B (01167) released its interim results, with a profit attributable to shareholders of 601 million yuan** The announcement stated that the revenue growth was mainly due to the strategic cooperation with AstraZeneca AB for the global research, production, and commercialization of JAB-23E73; and the external licensing and service agreements with Eli Lilly for the research, production, and commercialization of Arecap and sitneprotafib. **XPeng Inc. (09868): Penghang received $600 million in Series A preferred shares subscribed by IDG Capital, Alibaba, Tencent, and Gaorong Capital** The current round of equity financing for Penghang, as per the share purchase agreement, is initiated by leading global investment institutions, led by IDG Capital, with participation from Gaorong Capital, and supported by strategic investors Tencent and Alibaba. **BUSYMING (01768) released its interim results, with a net profit attributable to shareholders of 2.24 billion yuan, a year-on-year increase of 155.39%** Earnings per share are 10.42 yuan. The announcement stated that the revenue growth was mainly due to the increase in merchandise sales revenue and other income. **Sige New Energy (06656) announced its interim results, with an adjusted net profit of approximately 2.485 billion yuan, a year-on-year increase of 135.8%** The main reason for the revenue growth during the reporting period was the continuous expansion of the group's business scale and the increase in sales volume of the product mix. During the period, revenue from the Sige light storage series, smart energy gateways, and others increased by 267.1%, 181.5%, and 195.0% to 9.296 billion yuan, 358 million yuan, and 219 million yuan, respectively. This increase was mainly driven by the growth in related business volume **Zhongwei New Materials (02579) announced its interim results, with a profit attributable to the parent company of approximately RMB 1.3114 billion, an increase of about 78.4% year-on-year.** The basic earnings per share are RMB 1.24, and a cash dividend of RMB 3.8 per 10 shares (tax included) is proposed. During the reporting period, the company relied on its technological advantages to deepen the coordinated development of four major material systems: nickel-based, cobalt-based, phosphorus-based, and sodium-based, continuously improving its product matrix and consolidating its market-leading position. **【Stock Highlights】** **Junzhi Group (01300) issued a profit warning, expecting interim profits of approximately RMB 208.4 million, an increase of about 735.3% year-on-year.** The group achieved unaudited revenue of approximately RMB 1.7505 billion for the first half of 2026, compared to unaudited revenue of approximately RMB 1.2356 billion for the first half of 2025, representing a year-on-year increase of 41.7%. Other factors contributing to the increase in profits include: the reversal of impairment provisions under the expected credit loss model in the first half of 2026, increased other income, increased other gains, reduced administrative expenses, and reduced financing costs. The increase in tax expenses, sales and distribution costs, and research and development costs partially offset the increase in profits. The group successfully accessed the core supply chain of global leading storage enterprises through overseas cooperation channels, which will strongly support the company's scale layout and business expansion in the Artificial Intelligence Data Center (AIDC) field. The company continues to develop in the high-end telecommunications manufacturing industry, enhancing its research and development capabilities and attracting talent. In the 2026 fiscal year, benefiting from the rapid growth of the global AIDC industry, the company continues to optimize its customer and order structure, with related key products (power cables, signal cables, and optical cables) gradually gaining recognition from customers in the AIDC field, leading to accelerated revenue and gross profit growth ### Related Stocks - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.HXC.US](https://longbridge.com/en/quote/.HXC.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [01768.HK](https://longbridge.com/en/quote/01768.HK.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [02359.HK](https://longbridge.com/en/quote/02359.HK.md) - [603259.CN](https://longbridge.com/en/quote/603259.CN.md) - [AZN.US](https://longbridge.com/en/quote/AZN.US.md) - [688578.CN](https://longbridge.com/en/quote/688578.CN.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [01772.HK](https://longbridge.com/en/quote/01772.HK.md) - [002460.CN](https://longbridge.com/en/quote/002460.CN.md) - [09863.HK](https://longbridge.com/en/quote/09863.HK.md) - [01918.HK](https://longbridge.com/en/quote/01918.HK.md) - [00696.HK](https://longbridge.com/en/quote/00696.HK.md) - [06166.HK](https://longbridge.com/en/quote/06166.HK.md) - [603083.CN](https://longbridge.com/en/quote/603083.CN.md) - [002475.CN](https://longbridge.com/en/quote/002475.CN.md) - [01167.HK](https://longbridge.com/en/quote/01167.HK.md) - [09868.HK](https://longbridge.com/en/quote/09868.HK.md) - [XPEV.US](https://longbridge.com/en/quote/XPEV.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [06656.HK](https://longbridge.com/en/quote/06656.HK.md) - [300919.CN](https://longbridge.com/en/quote/300919.CN.md) - [01300.HK](https://longbridge.com/en/quote/01300.HK.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [AZN.UK](https://longbridge.com/en/quote/AZN.UK.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) - [02579.HK](https://longbridge.com/en/quote/02579.HK.md) ## Related News & Research - [TECHNICALS-US oil may test support zone of $83.88-$84.13](https://longbridge.com/en/news/296729590.md) - [UBS Global Wealth Management lifts S&P 500 year-end target to 8,100](https://longbridge.com/en/news/296597853.md) - [Alibaba set to open down 8% in Hong Kong after $10.2 billion share placement plan](https://longbridge.com/en/news/296721260.md) - [Alibaba Plans HK$80 Billion Share Placement to Fund AI Expansion](https://longbridge.com/en/news/296700572.md) - [US weekly refiner inputs rose to highest in nearly seven years, EIA data shows](https://longbridge.com/en/news/296374066.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**