Group 1 - The company, Minth Group (00425.HK), has announced a board meeting scheduled for March 23, 2026, to review and approve the annual performance for the year ending December 31, 2025, and to discuss the proposed final dividend payment, if any, along with other matters [1]

格隆汇3月11日丨金界控股(03918.HK)宣布，公司将于2026年3月23日(星期一)举行董事会会议，藉以(其 中包括)批准公司及其附属公司截至2025年12月31日止年度的末期业绩及其发布，以及考虑建议派发末 期股息(如有)。 ...

Group 1 - The core point of the article is that Zhongchen Co., Ltd. (300933.SZ) has stated on its investor interaction platform that it is currently not engaged in any cooperation with BYD [1]

Core Viewpoint - China Resources Beer issued a profit warning, expecting a 29.6% year-on-year decline in net profit to 38.6 million, primarily due to higher-than-expected liquor impairment losses [1] Group 1: Financial Performance - The impairment loss is anticipated to account for 16.6% to 17.7% of the current goodwill balance, reflecting weak market demand for liquor following the acquisition of Sands [1] - Adjusted profit, accounting for the impairment loss, is expected to increase by 20% to 33% year-on-year, slightly exceeding the bank and market expectations by 1% and 3% respectively [1] Group 2: Future Outlook - The bank believes that the higher-than-expected liquor impairment is beneficial for the company's long-term development, as it reduces the likelihood of further impairment losses in the future [1] - Sales performance is expected to remain stable in the first two months of this year [1] Group 3: Analyst Rating - The bank maintains a target price of HKD 33.2 and rates the stock as "outperform" [1]

Core Insights - BYD held a technology launch event showcasing its second-generation blade battery, MW Flash Charge 2.0, and integrated storage and charging system, along with the release of eleven new vehicle models across five brands [1][2] Group 1: Technology Advancements - The second-generation blade battery has a 5% increase in energy density compared to the first generation, enabling faster charging times: from 10% to 70% in 5 minutes and from 10% to 97% in 9 minutes at room temperature [1] - In extreme conditions (minus 20 degrees Celsius), charging from 20% to 97% can be completed in 12 minutes after the vehicle has been stationary for 24 hours [1] - BYD has enhanced battery technology to improve lifespan while implementing a lifetime warranty on battery cells [1] Group 2: Charging Infrastructure - BYD's flash charging station can reach a maximum charging power of 1500 kW and is compatible with existing fast charging stations [2] - The company plans to establish 20,000 flash charging stations nationwide by the end of 2026, including 18,000 mid-level and 2,000 high-speed stations [2] Group 3: New Vehicle Models - Eleven new models were launched, including the Tengshi Z9GT with a pure electric range exceeding 1,000 kilometers and a 0-100 km/h acceleration time of 2.7 seconds [2] - The Dynasty brand introduced the D-class SUV, Datang, which features a length of 5.3 meters and a wheelbase of 3.1 meters, equipped with flash charging technology and a range of 950 kilometers [2] Group 4: Market Performance and Outlook - BYD has made significant technological breakthroughs, enhancing the market penetration of electric vehicles and addressing core pain points such as charging efficiency [3] - Despite facing sales pressure in the domestic market, BYD's overseas business has shown strong growth, with a 41.4% year-on-year increase in overseas sales in February 2026, reaching 100,100 units [3] - The company expects to see an increase in profit margins as the share of overseas sales continues to rise [3]

Core Viewpoint - BYD has officially launched its second-generation blade battery and flash charging technology, achieving significant breakthroughs in charging speed, energy density, and safety performance [1][2]. Group 1: Second-Generation Blade Battery - The second-generation blade battery allows charging from 10% to 70% in just 5 minutes and from 10% to 97% in 9 minutes under normal conditions, setting a new global record for mass-produced power batteries [1] - In extreme cold conditions (-30°C), the battery can charge from 20% to 97% in 12 minutes [1] - The energy density of the second-generation blade battery has increased by over 5% compared to the previous generation [1] - The company has established safety thresholds above national mandatory standards, successfully passing a series of extreme safety tests [1] Group 2: Flash Charging Infrastructure - BYD has developed flash charging piles with a single-gun charging power of 1,500 kW, the highest for mass-produced charging piles globally [2] - The integrated "super fast release" energy storage system in the charging piles serves as a buffer for the power grid and meets instantaneous high power demands, providing a grid-friendly solution [2] - BYD plans to build 20,000 flash charging stations by the end of 2026, with 18,000 stations covering 90% of urban areas and 2,000 "flash charging highway stations" covering nearly one-third of the highway network [2] Group 3: Market Expansion and New Models - BYD will scale up the deployment of flash charging stations overseas by the end of 2026, aligning with the growth of its overseas sales [3] - The new technology will be applied to multiple models across various brands, with high-end models like the 2026 Yangwang U7, U8, and U8L being the first to feature the new technology [3] - The flagship model, Tengshi Z9GT, will have a starting price of RMB 269,800 and a range of 1,036 km, showcasing the new battery technology [3] - The mainstream model "Song Ultra" EV version will have a starting price of RMB 155,000, indicating the rapid penetration of flash charging technology into the mainstream consumer price range [3]

同日宣布，杨兆琳已获委任接替袁頴欣为公司秘书及一位授权代表，均自2026年3月11日起生效。 格隆汇3月11日丨远东宏信(03360.HK)宣布，袁頴欣已辞任公司公司秘书，及不再担任根据联交所证券 上市规则第3.05条所规定的公司其中一位授权代表("授权代表")，均自2026年3月11日起生效。 ...

Core Viewpoint - Geely Automobile (0175.HK) has seen a significant stock price increase, reaching a new two-month high, driven by the announcement of its new model, the Galaxy M7, which is set to enhance its product lineup and market competitiveness [1]. Group 1: Stock Performance - On March 11, Geely's stock price surged by nearly 10%, with a current price of HKD 17.4, resulting in a total market capitalization of HKD 188 billion [1]. Group 2: Product Launch - Geely officially announced the launch of the Galaxy M7, a mid-level hybrid SUV aimed at family use, which is now arriving at 474 authorized dealerships across 266 cities in China [1]. - The Galaxy M7 will be officially unveiled on March 13 at the Jiayao Tongxing base in Quzhou, with expectations for formal sales to begin in the first half of the year [1]. Group 3: Analyst Ratings - Dongfang Securities has maintained a "Buy" rating for Geely, highlighting the Galaxy M7 as a strong competitor in the market and a key focus for Geely in 2026, especially in combination with the Starship 7 model [1].

Core Viewpoint - Far East Horizon (03360.HK) reported a revenue of RMB 35.785 billion for the fiscal year 2025, a decrease of 5.20% year-on-year, while net profit attributable to ordinary shareholders was RMB 3.889 billion, an increase of 0.67% year-on-year, with an average return on equity of 7.71% and basic earnings per share of RMB 0.87. A final dividend of HKD 0.31 per share is proposed. As of the end of 2025, total assets reached RMB 370.961 billion, an increase of 2.93% from the previous year [1]. Financial Services Segment - The financial services segment achieved a total revenue of RMB 22.676 billion, representing a year-on-year growth of 4.47%. Traditional business leveraged resource and mechanism advantages to provide high-quality services to top clients while maintaining asset quality and interest margin [2]. - The inclusive finance sector focused on economically developed regions, achieving rapid growth in asset scale and interest income, with a strict approach to bad debt recognition and write-offs to ensure operational safety. As of the end of 2025, net interest-earning assets amounted to RMB 272.047 billion, a growth of 4.38% year-on-year, with a non-performing asset ratio of 1.03% and a net interest margin of 4.39% [2]. Industrial Operations Segment - The industrial operations segment generated a total revenue of RMB 13.284 billion, accounting for 36.94% of total revenue, maintaining a diversified financial structure. Hongxin Jianda, a leading equipment operation service provider, faced performance pressure due to market conditions but continued to optimize asset allocation [3]. - The overseas market expanded with a focus on local market penetration, aiming to become a world-class equipment operation service provider. As of the end of 2025, Hongxin Jianda managed approximately 200,000 aerial work platforms and 188,000 tons of material assets, with 485 service outlets in China and 77 overseas, covering several countries [3]. - Hongxin Health optimized its management model, operating 25 hospitals, with total revenue of RMB 3.572 billion and a net profit of RMB 0.083 billion in 2025, contributing positively to overall profitability [3].

Core Viewpoint - Cathay Pacific Airways (00293.HK) reported an annual performance for the year ending December 31, 2025, with total revenue of HKD 116.766 billion, representing a year-on-year increase of 11.9% [1] Financial Performance - The company's profit attributable to shareholders for the period was HKD 10.828 billion, reflecting a year-on-year growth of 9.5% [1] - Basic earnings per share were HKD 1.655, with a proposed second interim dividend of HKD 0.64 per share [1] Revenue Breakdown - Passenger revenue for 2025 reached HKD 72.454 billion, marking a year-on-year increase of 15.8% [1] - Cargo revenue for 2025 was HKD 24.279 billion, showing a modest growth of 1.2% [1] - Hong Kong Express recorded passenger revenue of HKD 6.394 billion, which is a year-on-year increase of 6.7% [1] Non-Recurring Income - The profit for 2025 includes a non-recurring gain of approximately HKD 0.878 billion from a settlement agreement with Hong Kong Aircraft Engineering Company (HAECO) related to an aircraft parts management joint venture, classified under other income [1]