Group 1 - The company, Shifeng Financial Services Group, announced the sale of a total of 2,006,400 shares of Horizon for approximately HKD 15.5 million, excluding stamp duty and related expenses [1] - The sale will take place between March 11, 2025, and August 19, 2025 [1] - This transaction indicates the company's strategy to manage its investment portfolio [1]

Core Viewpoint - The company, Shouhui Industrial Finance (00730.HK), is scheduled to hold a board meeting on August 29, 2025, to approve its interim results for the six months ending June 30, 2025, and to consider the proposal for an interim dividend if appropriate [1] Summary by Relevant Sections - **Board Meeting Announcement** - The board meeting will take place at 803, 8th Floor, Hysan Place, 39 Hennessy Road, Wan Chai, Hong Kong [1] - The meeting aims to approve the interim financial results for the six months ending June 30, 2025 [1] - The board will also consider the proposal for an interim dividend, if deemed appropriate [1]

Core Insights - Pop Mart International Group reported a significant revenue increase of 204.4% year-on-year, reaching 13.88 billion yuan in the first half of 2025, with an adjusted net profit of 4.71 billion yuan, up 362.8% [1] - The gross margin improved to 70.3%, an increase of 6.3 percentage points compared to the previous year [1] - The revenue from plush toys reached 6.14 billion yuan, accounting for 44.2% of total revenue, surpassing the sales of figurines for the first time [1] Revenue Breakdown - Revenue from China was 8.28 billion yuan, a year-on-year increase of 135.2% [1] - Asia-Pacific revenue (excluding China) was 2.85 billion yuan, up 257.8% [1] - The Americas saw revenue of 2.26 billion yuan, a staggering increase of 1142.3% [1] - Europe and other regions generated 480 million yuan, growing by 729.2% [1] Operational Efficiency - Despite a modest increase in the number of physical stores, with a net addition of 12 stores to reach 443, the company achieved a revenue growth of 117.1% in offline sales, totaling 5.08 billion yuan [1] - Online channels in the Chinese market generated 2.94 billion yuan, a growth of 212.2%, with significant contributions from various platforms [2] Product Performance - The revenue from THE MONSTERS brand was 4.81 billion yuan, a remarkable increase of 668.0% [3] - Other brands like MOLLY, SKULLPANDA, CRYBABY, and DIMOO also showed strong performance, with revenues exceeding 1 billion yuan each [3] - The revenue from plush toys reached 6.14 billion yuan, while figurines generated 5.18 billion yuan, marking a shift in product sales dynamics [3] Membership Growth - The total number of registered members in mainland China increased from 46.08 million at the end of 2024 to 59.12 million by June 30, 2025, with 13.04 million new registrations [3] - Membership sales contributed to 91.2% of total sales, with a repurchase rate of 50.8% [3]

百胜中国(09987)发布公告，于2025年8月18日斥资627.23万港元回购股份1.795万股，每股回购价格为 346.6-352.6港元。 于同日，斥资320万美元回购股份7.17万股，每股回购价格为44.19-44.98美元。 ...

智通财经APP讯，盛诺集团(01418)发布截至2025年6月30日止6个月中期业绩，该集团取得收入18.92亿 港元，同比减少5.5%;公司权益拥有人应占溢利2691.1万港元，同比减少56.66%;每股盈利1.54港仙。 报告期内毛利较去年同期约5.07亿港元减少约6490万港元或约12.8%至约4.42亿港元。毛利减少乃主要 由于本集团于2024年在越南及美国订立数份新厂房租赁合约(如本公司日期为2024年6月12日及2024年6 月17日的公布所披露)，以扩展本集团于越南及美国的业务营运。此等扩张措施促进并扩大了本集团的 营运规模，使本集团能够满足越南及美国客户日益增长的需求，惟同时亦导致报告期内间接成本较去年 同期有所增加。 ...

Core Insights - Xiaopeng Motors reported a total delivery volume of 103,181 vehicles in Q2 2025, an increase from 94,008 vehicles in Q1 2025 and a significant growth compared to the same period in 2024 [1] - The company achieved total revenue of RMB 18.27 billion in Q2 2025, representing a year-on-year increase of 125.3% and a quarter-on-quarter growth of 15.6% [1] - Despite the revenue growth, Xiaopeng Motors faced a net loss of RMB 480 million (approximately USD 70 million), although this was a reduction from RMB 1.28 billion in the same period of 2024 [1] Financial Performance - Automotive sales revenue reached RMB 16.88 billion in Q2 2025, up 147.6% year-on-year and 17.5% quarter-on-quarter [1] - The automotive gross margin improved to 14.3%, up from 6.4% in 2024 and 10.5% in Q1 2025, marking the eighth consecutive quarter of gross margin improvement [1][2] Operational Highlights - As of June 30, 2025, Xiaopeng Motors had a total of 677 physical sales outlets across 224 cities [1] - The company's self-operated charging station network expanded to 2,348 stations, including 1,304 fast charging stations for the Xiaopeng S4 and S5 models [1]

航天控股(00031)公布，预期于截止2025年6月30日六个月取得净亏损约港币7500万元至港币9500万元， 而2024年同期则取得净亏损港币5909.3万元 ;预期期内收入约港币20亿元，与2024年同期相比增加约 10%。 公告称，期内净亏损进一步扩大的主要原因是中国内地商业地产 租赁需求下降，导致公司投资物业公 允价值下降所产生的亏损较2024年同期有所增加，而期内收入的增加则主要源自公司科技工业业务收入 的增长。 ...

综合 | 智通财经 @东方甄选 一则涉及新东方教育科技集团CEO周成刚相关传言让东方甄选股价尾盘跳水。截至8月19日港股收盘，东方甄选（1797.HK）港 股报收34.32港元，跌20.89%，此前一度上探至近两年高位53.7港元，涨幅超23.5%。 @东方甄选 在微博回应："针对谣言，我司已启动报警和司法流程，对于这样的不法行为，我们将一追到底。" 来源：天津广播 ...

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 13.88 billion RMB, a year-on-year growth of 204.4%, and net profit of 4.57 billion RMB, up 396.5% [1][3] Revenue Breakdown - Revenue in China for the first half of 2025 was 8.28 billion RMB, reflecting a growth rate of 135.2% year-on-year [1] - Revenue from the Asia-Pacific region reached 2.85 billion RMB, with a remarkable growth of 257.8% [1] - Revenue from the Americas was 2.27 billion RMB, showing an extraordinary increase of 1142.3% [1] - Revenue from Europe and other regions amounted to 478 million RMB, with a growth of 729.2% [1] Artist IP Performance - The company had 13 artist IPs generating over 100 million RMB in revenue, with the top performers being: - THE MONSTERS: 4.81 billion RMB - MOLLY: 1.36 billion RMB - SKULLPANDA: 1.22 billion RMB - CRYBABY: 1.22 billion RMB - DIMOO: 1.11 billion RMB [1]

期内净亏损进一步扩大的主要原因是中国内地商业地产租赁需求下降，导致公司投资物业公允价值下降 所产生的亏损较2024年同期有所增加，而期内收入的增加则主要源自公司科技工业业务收入的增长。 格隆汇8月19日丨航天控股(00031.HK)个公布，预期于截止2025年6月30日六个月录得净亏损约港币7500 万元至港币9500万元，而2024年同期则录得净亏损港币5909.3万元；预期期内收入约港币20亿元，与 2024年同期收入港币18.25亿元相比增加约10%。 ...