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Capital Market Insights: Key Updates on Profit Growth and Corporate Developments in China

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Market Updates and Company News

Aimei Ke reported a projected net profit increase of 5.33% year-on-year for 2024, announcing a dividend of 38 yuan per share.

Star Universe Co. is expected to see a net profit growth of 27.78% year-on-year in 2024, with a proposed dividend of 13 yuan per share.

Shentong Express announced that its express service revenue for February reached 3.466 billion yuan, marking a 48.03% increase year-on-year.

Guangqi Investment has established Huawang Company in collaboration with Huawei to develop an independent high-end smart car brand.

The World Health Expo 2025 will take place in Wuhan in April.

Guo Anda plans to invest up to 200 million yuan in constructing a low-altitude economic industrial park in Pinghe County.

Wang Zhonglin, Secretary of the Hubei Provincial Party Committee, conducted research on the development of the automotive industry in Wuhan Economic Development Zone.

Beijite‘s controlling shareholder intends to reduce their stake by no more than 3%.

Peskov stated that Russia will maintain its decision to suspend attacks on Ukrainian energy facilities.

Lee’s Pharmaceutical expects a 388% year-on-year increase in net profit attributable to shareholders for 2024.

Zelensky indicated that Ukraine’s military response will be proportional to Russian attacks.

Exciting news for investors: a new fund has announced that index usage fees will be borne by the managers. A-shares are undergoing significant changes, with numerous companies announcing dividend plans as performance evaluations approach. A major reallocation of public funds is expected at the end of the month.

With 34 stocks hitting the daily limit up, 600289 has emerged as the new “stock king” for 2025, attracting attention from many organizations.

A-shares experienced a rebound before retreating, with trillion-yuan giants pushing the market to new heights.

Witness history as some stocks have surged over 1700%!

Oil prices have seen their largest drop this year, resulting in a savings of approximately 11 yuan for a full tank.

Nearly 90% of stocks declined, leading to concerns about a potential cooling of the “convertible bond bull market”. Investors are advised to be wary of high-level correction risks.

In a positive development, a major company with a market value exceeding 100 billion yuan has initiated a significant share buyback, resulting in a sharp increase in stock price.

News highlights: The General Office of the CPC Central Committee and the State Council released guidelines to strengthen food safety oversight throughout the supply chain.

In corporate news, one of the “Six Small Dragons of Hangzhou” has officially announced its IPO.

Tencent has released its 2024 annual report, entering a phase of heavy investment in AI strategy.

The National Post Bureau has launched an investigation into Yunda Cargo in Shanghai.

In the US and Hong Kong markets, Xie Jiaying‘s ex-wife had two applications rejected, while Guotai Junan has become a major shareholder.

The latest announcement from the Bank of Japan indicates no changes in interest rates; many are speculating on when the next rate hike will occur.

Markets faced a meltdown with significant declines, as Turkey experienced both stock and currency hits.

Insider trading allegations have surfaced against the Lhasa trading team of Dongfang Caifu, but reports have been confirmed as false.

In an exciting technological breakthrough, Yushu Technology has unveiled the world’s first humanoid robot capable of performing a side flip!

Stay tuned for more updates on financial markets and emerging technologies.


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