Hang Seng Index

Fosun International Holds 2022 Annual Results Announcement. Guo Guangchang: Realizing Sustainable and Rapid Development in 2023

Retrieved on: 
Friday, March 31, 2023

On the morning of 30 March, Fosun International held its 2022 annual results announcement, where Guo Guangchang, Chairman of Fosun International, made the above remarks.

Key Points: 
  • On the morning of 30 March, Fosun International held its 2022 annual results announcement, where Guo Guangchang, Chairman of Fosun International, made the above remarks.
  • Guo Guangchang said at the results announcement, "2022 was a special year for Fosun.
  • Fosun International's results will be back on track and return to sustainable and rapid development."
  • Gong Ping, CFO of Fosun International, analyzed the financial situation of Fosun International in 2022.

At a glance: CIMC(000039.SZ/02039.HK) 2022 Annual Results

Retrieved on: 
Thursday, March 30, 2023

-- The final dividend of 2022 is planned to be RMB 1.8 (tax included) per 10 shares, and the dividend payout ratio is maintained at 30%.

Key Points: 
  • -- The final dividend of 2022 is planned to be RMB 1.8 (tax included) per 10 shares, and the dividend payout ratio is maintained at 30%.
  • -- The road transportation vehicles business maintains the first place in global semi-trailer sales and the top ranking in the domestic special-purpose vehicle market.
  • -- In terms of hydrogen energy, the market share of CIMC hydrogen energy "storage, transportation and processing" equipment has increased significantly.
  • in 2022, the Group's carbon emission intensity (tons of CO2 equivalent/billion yuan of revenue) will be reduced by 16% compared with the previous year.

Fosun International Wins Platinum Award at The Asset ESG Corporate Awards 2022

Retrieved on: 
Thursday, January 26, 2023

HONG KONG, Jan. 26, 2023 /PRNewswire/ -- Fosun International Limited ("Fosun International" or the "Company") (HKEX: 00656) was informed by The Asset, the renowned international asset management and investment magazine, that Fosun has garnered the Platinum Award at The Asset ESG Corporate Awards 2022.

Key Points: 
  • HONG KONG, Jan. 26, 2023 /PRNewswire/ -- Fosun International Limited ("Fosun International" or the "Company") (HKEX: 00656) was informed by The Asset, the renowned international asset management and investment magazine, that Fosun has garnered the Platinum Award at The Asset ESG Corporate Awards 2022.
  • This year, Fosun International was accredited with the Platinum Award by The Asset for the first time after being presented with the Gold Award for four consecutive years.
  • Organized by The Asset, a renowned Asian financial magazine, The Asset Corporate Awards that has been running for many years is one of the world's leading environmental, social and governance (ESG) awards.
  • This year, Fosun International was accredited with the Platinum Award at The Asset ESG Corporate Awards 2022, reflecting the magazine's recognition of Fosun's outstanding performance in various fields including financial performance, management, corporate governance, social and environmental responsibility, investor relations, information disclosure and corporate communication.

Toronto Daegu Assets Analysts Turn Bullish On Chinese Equities

Retrieved on: 
Thursday, January 12, 2023

Toronto, Canada, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Financial analysts at Toronto Daegu Assets have increased exposure on Chinese assets as the rapid removal of Covid Zero policies improves prospects for the nation's economic growth.

Key Points: 
  • Toronto, Canada, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Financial analysts at Toronto Daegu Assets have increased exposure on Chinese assets as the rapid removal of Covid Zero policies improves prospects for the nation's economic growth.
  • Our analysts also predict that the country's GDP will rebound in the second quarter of 2023," said Daniel Williams, Senior Vice President of Institutional Markets at Toronto Daegu Assets .
  • According to Toronto Daegu Assets data, the MSCI China index climbed 2.4% on Tuesday to stand 50% above its low on October 31.
  • More info on Toronto Daegu Assets can be found at: https://www.tdainvestments.com/

Fosun International Garners Multiple ESG Awards in Domestic and International Markets

Retrieved on: 
Friday, December 30, 2022

HONG KONG, Dec. 29, 2022 /PRNewswire/ -- Recently, Fosun International received numerous accolades in domestic and international markets, including multiple ESG awards from international financial media International Business Magazine, Finance Derivative and Hong Kong stock connect information platform Zhitong Caijing.

Key Points: 
  • HONG KONG, Dec. 29, 2022 /PRNewswire/ -- Recently, Fosun International received numerous accolades in domestic and international markets, including multiple ESG awards from international financial media International Business Magazine, Finance Derivative and Hong Kong stock connect information platform Zhitong Caijing.
  • A number of investment banks, including Morgan Stanley, Citi, and Goldman Sachs, have published reports and assigned Fosun International an "Overweight" or "Buy" rating.
  • Since 2019, Fosun International has established the ESG Board Committee and the ESG Working Group to comprehensively improve ESG management and ensure the implementation of each ESG indicator.
  • Fosun International has also established an ESG Management Committee as well as an ESG Executive Committee to promote the effective implementation of ESG strategies and initiatives.

Fosun International Granted Three Awards from Global Banking and Finance Review in the United Kingdom

Retrieved on: 
Friday, December 23, 2022

HONG KONG, Dec. 22, 2022 /PRNewswire/ -- On 23 December 2022, Fosun International was notified by Global Banking and Finance Review, a famous financial magazine in the United Kingdom, that Fosun International was granted three awards, namely "Brand of the Year Awards - Holding Group Brand of the Year Awards Asia 2022", "ESG & Sustainability Awards - Best Sustainable Development Company Asia 2022" and "Corporate Social Responsibility (CSR) Awards - Best CSR Company Asia 2022", respectively.

Key Points: 
  • HONG KONG, Dec. 22, 2022 /PRNewswire/ -- On 23 December 2022, Fosun International was notified by Global Banking and Finance Review, a famous financial magazine in the United Kingdom, that Fosun International was granted three awards, namely "Brand of the Year Awards - Holding Group Brand of the Year Awards Asia 2022", "ESG & Sustainability Awards - Best Sustainable Development Company Asia 2022" and "Corporate Social Responsibility (CSR) Awards - Best CSR Company Asia 2022", respectively.
  • Fosun has been awarded by Global Banking and Finance Review in recognition of Fosun's active promotion in the sustainable development and ESG.
  • Global Banking and Finance Review Magazine is a leading magazine in the United Kingdom.
  • The Global Banking and Finance Review Awards were established in 2011 to accomplish companies with outstanding performances within the global finance industry.

ESG reporting: Hang Seng companies have transparency shortcomings

Retrieved on: 
Thursday, December 15, 2022

With a rate of 97 percent, a generally high level of willingness exists among Hang Seng Index companies to base their non-financial reporting on a standard international framework.

Key Points: 
  • With a rate of 97 percent, a generally high level of willingness exists among Hang Seng Index companies to base their non-financial reporting on a standard international framework.
  • However, Hang Seng companies are less likely to address socioeconomic or political conditions (75 percent and 54 percent respectively).
  • The relevant topics of Environment, Social and Governance are covered by a majority of Hang Seng companies in their non-financial reports.
  • "However, an enormous amount of work will be required for Hang Seng companies to ensure that their reports can contribute to sustainable change through transparency."

Fosun International Receives "ESG Leading Enterprise Award" and "ESG Leading Social Initiative Award" from Bloomberg Businessweek/Chinese Edition

Retrieved on: 
Wednesday, December 14, 2022

Fosun International has garnered the "ESG Leading Enterprise Award" in the Category I - Market capitalization over HK$20 billion and the "ESG Leading Social Initiative Award".

Key Points: 
  • Fosun International has garnered the "ESG Leading Enterprise Award" in the Category I - Market capitalization over HK$20 billion and the "ESG Leading Social Initiative Award".
  • This year, Fosun International was accredited with the "ESG Leading Enterprise Award" in the Category I - Market capitalization over HK$20 billion by Bloomberg Businessweek/Chinese Edition, representing the market's recognition of Fosun International in environmental, social, corporate governance (ESG), corporate sustainability, and information disclosure, etc.
  • As a globalized company rooted in China, Fosun takes initiatives to create business value and gives high priorities to corporate social responsibility.
  • Fosun International has also established an ESG Management Committee as well as an ESG Executive Committee to promote the effective implementation of ESG strategies and initiatives.

Navitas Drives Xiaomi Redmi Note 12 Explorer at 210 W, New Ultra-Fast Charging Record

Retrieved on: 
Wednesday, November 30, 2022

The new Redmi Note 12 Explorer and Redmi Note 12 Pro+ are the first equipped with the MediaTek Dimensity 1080 chipset, with large 107.4 mm / 6.67 FHD+ OLED displays and 120 Hz refresh rate.

Key Points: 
  • The new Redmi Note 12 Explorer and Redmi Note 12 Pro+ are the first equipped with the MediaTek Dimensity 1080 chipset, with large 107.4 mm / 6.67 FHD+ OLED displays and 120 Hz refresh rate.
  • For the Redmi Note 12 Explorer, the landmark 210 W ultra-fast charger is able to charge a 4,300 mAhr battery to 66% in just 5 minutes, and complete a 1-100% charge in only 9 minutes.
  • The 210 W ultra-fast charger launched with the Redmi Note 12 Explorer Edition has once again refreshed the mobile-phone charging experience, and officially shortened the charging time to the single-digit-minutes era.
  • Navitas, GaNFast, GaNSense, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor and subsidiaries.

TCLE (01070.HK) Mini LED Smart Screens Win CES® 2023 Innovation Awards

Retrieved on: 
Monday, November 28, 2022

HONG KONG, Nov. 28, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that TCL Mini LED 4K Smart Screen 75C935 and TCL Mini LED 4K Smart Screen 75C835 have been awarded the CES® 2023 Innovation Award for their striking innovative design and engineering features.

Key Points: 
  • HONG KONG, Nov. 28, 2022 /PRNewswire/ --TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that TCL Mini LED 4K Smart Screen 75C935 and TCL Mini LED 4K Smart Screen 75C835 have been awarded the CES 2023 Innovation Award for their striking innovative design and engineering features.
  • The fact that TCL Electronics wins two CES 2023 Innovation Awards is a testament to the industry's acknowledgement of TCL Mini LED smart screens, and a testament to the extraordinary strength of TCL Mini LED smart screens.
  • Known as the "next generation display technology", Mini LED backlight technology is an upgraded version of the traditional LED backlight technology.
  • TCL Electronics has been committed to the research and development of Mini LED technology and has become the industry leader by launching the world's first Mini LED smart screen in 2019.