PRE-MARKET CHINESE STOCK NEWS: Corporate Earnings in focus

AVIC International (161 HK)
- Co. H1 net CNY 447.7mln vs. Prev. CNY 264.7mln Y/Y. (Newswires)
- Co. announces agreement related to acquisition of Xiamen Tianma and Tianma Organic for a total HKD 12.9bln. (Newswires)

China Coal Energy (1898 HK)
- Co. H1 net CNY 2.28bln vs. Prev. CNY 225.1mln Y/Y. (Newswires)

China Huarong Asset Management (2799 HK)
- Co. H1 net CNY 116.4bln vs. Prev. CNY 12.8bln Y/Y. (Newswires)

China Oilfield Services (2883 HK)
- Co. H1 net loss CNY 370mln vs. Prev. loss CNY 8.4bln Y/Y. (Newswires)

China Telecom (728 HK)
- Co. H1 net CNY 12.6bln vs. Prev. CNY 11.7bln Y/Y. (Newswires)

Geely Auto (175 HK)
- Co. H1 net CNY 4.34bln vs. Prev. CNY 1.91bln Y/Y. (Newswires)

Guangzhou Auto (2238 HK)
- Co. H1 net 6.18bln, Rev. CNY 34.8bln. (Newswires)

K Wah International (173 HK)
- Co. H1 net HKD 2.21bln vs. Prev. HKD 1.92bln Y/Y, rev. HKD 4.92bln vs. Prev. HKD 5.54bln Y/Y, underlying profit fell 29% to HKD 1.29bln. (Newswires/SCMP)

Maanshan Iron & Steel (323 HK)
- Co. H1 net CNY 1.64bln vs. Prev. 450mln Y/Y. (Newswires)

Powerlong Real Estate (1238 HK)
- Co. H1 net CNY 1.5bln vs. Prev. CNY 1.1bln Y/Y. (Newswires)

Samsonite (1910 HK)
- Co. H1 Adj. net USD 100.2mln vs. Prev. USD 100.3mln, Rev. USD 1.59bln vs. Prev. USD 1.21bln Y/Y. (Newswires)

Shui On Land (272 HK)
- Co. H1 net CNY 1.17bln vs. Prev. CNY 1.13bln Y/Y, rev. CNY 10.2bln vs. Prev. CNY CNY 3.6bln Y/Y. (Newswires)

Sinopec Shanghai Petrochemical (338 HK)
- Co. H1 net CNY 2.57bln vs. Prev. CNY 3.12bln Y/Y, rev. CNY 43.1bln vs. Prev. CNY 37.0bln Y/Y. (Newswires)

Macau Casinos
- Nomura sees typhoon to impact August casino revenue by as much as 7%. (Newswires)

Other news
- China July YTD SOEs’ net profits rose 23.1% Y/Y and rev. rose 16.5% Y/Y. (Newswires)
- China may announce information disclosure rule for online lending, according to Chinese press reports. (Newswires)

24 Aug 2017 - 01:40- Research Sheet- Source: Newswires

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