Core Viewpoint - New Horizon Company (00086.HK) reported its annual performance for the year ending December 31, 2025, showing a total revenue of RMB 3.7052 billion, a slight decrease of 0.29% year-on-year, while the profit attributable to shareholders surged by 321.79% to HKD 1.5931 billion, indicating a significant turnaround in profitability [1] Financial Performance - Total revenue for 2025 was RMB 3.7052 billion, down 0.29% year-on-year [1] - Profit attributable to shareholders reached HKD 1.5931 billion, up 321.79% year-on-year [1] - Basic earnings per share were HKD 0.814 [1] - Proposed second interim dividend of HKD 0.15 per share [1] Strategic Developments - 2025 marks a clear turning point in the company's development, with the completion of its strategic transformation [1] - The integration of three major business platforms—"Alternative Investment Solutions" (formerly "Fund Management"), "Investment Management," and "Credit"—has achieved seamless cooperation and full synergy [1] - This integrated model has enhanced recurring income, profitability, and capital efficiency, solidifying the company's position as a leading alternative investment platform [1] Operational Efficiency - Cost control remains a key advantage for the company, with a cost-to-income ratio of approximately 30% in 2025 [1] - The EBITDA margin was around 50%, showcasing the operational model's strengths [1] Capital Management - The company actively managed its balance sheet, optimizing its capital structure by repurchasing a total of USD 26.2 million in medium-term notes during the year [1] - Cumulatively, since 2022, the total amount of repurchased and redeemed medium-term notes reached USD 460.3 million, reducing the net debt-to-equity ratio to 25.8% [1]

格隆汇3月19日丨新鸿基公司(00086.HK)宣布：(1)高伟晏将于2026年5月27日退任公司独立非执行董事 和风险管理委员会及环境、社会及管治委员会的成员；(2)周永赞将于2026年5月27日退任公司非执行董 事；及(3)自2026年3月19日起，委任William Thomas Royan为风险管理委员会成员。 ...

Core Viewpoint - Tengsheng Bo Pharmaceutical-B (02137.HK) reported its 2025 fiscal year performance, indicating a revenue increase to RMB 18.6 million, attributed to payments received under an intellectual property licensing and technology transfer agreement with Health元 Group [1] Financial Performance - Revenue for the fiscal year ending December 31, 2025, is projected to be RMB 18.6 million, unchanged from the previous fiscal year ending December 31, 2024 [1] - The company reported a net loss of RMB 224 million, a significant reduction of 56.3% year-on-year [1] - The decrease in loss is primarily due to a reduction in fair value losses on equity investments by RMB 125 million and a decrease in impairment losses by RMB 141 million, mostly of a non-operational nature [1] - The reduction in losses was offset by a decrease in other income during the reporting period [1]

Core Viewpoint - The board meeting of Tehai International (09658.HK) is scheduled for March 31, 2026, to consider and approve the unaudited financial performance for the three months ending December 31, 2025, the annual performance for the same period, and any proposed final dividend distribution [1] Financial Performance - The meeting will address the unaudited financial results for the fourth quarter ending December 31, 2025 [1] - The annual performance for the year ending December 31, 2025, will also be reviewed [1] Dividend Consideration - The board will consider the proposal for the distribution of a final dividend, if applicable [1]

(2)李业广将于2026年股东周年大会上轮值告退，而李业广已通知公司彼将不会于2026年股东周年大会 上寻求膺选连任，并将于2026年股东周年大会结束後退任公司非执行董事，以便投放更多时间于其他商 业及个人承诺上。 格隆汇3月19日丨长和(00001.HK)宣布：(1)周近智已决定于2026年5月21日(或于将刊发之会议通告内详 述的其他日期)举行之公司2026年股东周年大会结束後退任公司非执行董事，以便投放更多时间于其他 商业及个人承诺上；及 ...

Group 1 - The core point of the article is that Tianjin TEDA Energy Group, a subsidiary of TEDA Co., Ltd. (000652.SZ), is currently not involved in the production and processing of petrochemical products [1]

Core Viewpoint - MGM China Holdings Limited reported record operating revenue of HKD 34.7875 billion for the year ending December 31, 2025, representing a 10.8% increase from the previous year [1] Financial Performance - Adjusted EBITDA reached a historical high of HKD 10 billion, up 10.4% year-on-year [1] - The overall gaming market share increased to a record 16.1%, compared to 15.8% last year [1] Dividend Announcement - The board proposed a final dividend of HKD 0.353 per share for the year ending December 31, 2025, totaling approximately HKD 1.3414 billion [1] Gaming Revenue Breakdown - Total win from table games increased by 10.2% to HKD 31.510 billion, driven by a 1.1% increase in betting amounts at MGM Macau and a 14.2% increase at MGM Cotai [1] - VIP table games saw a 19.5% increase in total win to HKD 4.8374 billion, primarily due to an increase in win rates, despite a decrease in turnover at both properties [1] Slot Machine Performance - Total win from slot machines increased by 3.3% to HKD 2.2963 billion, attributed to a 3.1% increase in betting amounts at MGM Macau and a 26.5% increase at MGM Cotai, partially offset by a decrease in win rates [2]

Group 1 - Standard Chartered Group announced a share buyback of 932,000 shares at a cost of £15.2437 million on March 18, 2026 [1]

Core Viewpoint - R&F Properties (02777.HK) announced a board meeting scheduled for March 31, 2026, to consider the announcement of the company's annual performance for the year ending December 31, 2025, and to propose a final dividend if applicable [1] Group 1 - The board meeting will take place at the Hong Kong Central Plaza, Room 3510 [1] - The meeting will focus on the financial results for the fiscal year ending December 31, 2025 [1] - The company may propose a final dividend during this meeting [1]

Core Viewpoint - The company reported a total revenue of HKD 507.297 billion for the fiscal year ending December 31, 2025, reflecting a year-on-year growth of 6% [1] - Despite a significant decrease in reported profit attributable to ordinary shareholders, the company maintained a strong cash flow and a healthy financial position [1] Financial Performance - Total EBITDA amounted to HKD 129.105 billion, representing a 3% increase year-on-year [1] - Reported profit attributable to ordinary shareholders was HKD 11.841 billion, a decrease of 31% compared to the previous year [1] - Basic profit attributable to ordinary shareholders increased by 7% to HKD 22.310 billion [1] Business Diversification and Impact - The company's diversified business and geographical distribution significantly mitigated the adverse effects from individual industries or countries [1] - The company completed a merger of its UK telecommunications business with Vodafone UK, resulting in a one-time non-cash loss of HKD 10.922 billion [1] - A one-time non-cash impairment and other provisions of HKD 3.740 billion were recognized for its telecommunications business in Vietnam [1] Future Transactions - The company announced the sale of its 100% stake in UK Power Networks to Engie S.A., expected to generate significant cash flow and net profit attributable to the group in 2026 [2] - Excluding the aforementioned one-time losses, the company recorded a basic net profit of HKD 22.258 billion, a 7% increase compared to 2024 [2] Earnings and Dividends - The reported earnings per share for the fiscal year ending December 31, 2025, was HKD 3.09 [2] - The board proposed a final dividend of HKD 1.60 per share, increasing from HKD 1.51 per share in the previous year [3] - The total annual dividend for the year was HKD 2.31 per share, compared to HKD 2.20 per share in 2024 [3]