Hong Kong stocks in focus: China PBOC expected to set loan prime rate (LPR) at 1:30 GMT
- (CN) Sources close to the China government said China may include some bilateral investment treaty (BIT) terms into the phase 2 trade talks, but official BIT talks and phase 2 trade talks may not start ahead of the 2020 US presidential election – Global Times
- (CN) Wuhan (China) Health Commission: Confirms 136 new cases of coronavirus emerged on Saturday and Sunday; Other local Chinese governments also confirm cases of the virus
- Overall, China is said to have confirmed 139 new cases of the coronavirus over the weekend.
Consumer Discretionary
1170.HK Kingmaker Footwear Holding: Ares Chen Yi Wu appointed CEO and Helen Huang Hsiu Duan Chairman; effective February 1
291.HK China Resources Beer: Reports prelim FY19 Net 'increase > 30%' y/y
1913.HK Prada +6.08% after WWD article on Friday on potential interest of Kering
Industrials
489.HK Dongfeng Motor: Sets 2020 sales target of 3.16M units, +7.5% y/y
Energy
1898.HK China Coal Energy: Issues positive profit alert: Guides FY19 (CNY) Net 6-6.4B v 4.49B y/y
857.HK PetroChina: Chairman Wang Yilin retires, effective immediately
386.HK Sinopec: Chairman Dai Houliang resigns due to change of working arrangement; appoints Ma Yongsheng interim chairman
Financials
2628.HK China Life: Guides FY19 adj Net CNY52.2-54.5B, +400-420% y/y
Materials
1033.HK Sinopec Yizheng: Guides FY19 (CNY) Net 910M v 142.1M y/y
347.HK Angang Steel: Issues profit warning: Guides FY19 Net ~CNY1.6B, -79.9% y/y; steel prices declined y/y amid lower demand for steel in domestic downstream industries (automobile, household appliances and real estate)
Utilities
1071.HK Huadian Power: Reports Prelim FY19 Net +90-110%; cites higher power output and lower coal costs