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Shares of Want Want China Holdings Limited (00151.HK) fell more than 10% in the afternoon. The company announced at midday that for the year ended March 31, 2026, revenue increased by 3.8% to RMB 24.401 billion, while net profit fell by 11.5% year-on-year. The company proposed a final dividend of US cents per share.
On June 30th, the National Energy Administration held a meeting in Hangzhou, Zhejiang Province, to exchange experiences on improving the level of "Getting Electricity" services. The meeting pointed out that, thanks to the joint efforts of all parties, my countrys "Getting Electricity" reform has achieved remarkable results during the 14th Five-Year Plan period. Historical breakthroughs have been made in power supply services, institutional systems, international benchmarking, and regulatory governance. A number of long-standing bottlenecks and difficulties in accessing electricity services have been effectively addressed, and shortcomings in urban and rural power supply services have been improved. This has become an important area of advantage for my country in optimizing its business environment. The meeting required that targeted policies and concerted efforts be made to address key challenges, focusing on the needs of economic development, energy transition, and the expectations of the people, using breakthroughs in key areas to drive overall improvement. It also stressed the need to uphold a correct view of performance, establish a pragmatic orientation, and achieve tangible results in promoting benchmark demonstration and guidance, serving and supporting industrial upgrading, and solving the electricity problems of the public. Finally, it emphasized the need to solidify the responsibilities of all parties, build a working pattern that is interconnected from top to bottom, coordinated horizontally, and linked internally and externally, and ensure that all policy deployments are implemented effectively.
Hong Kong-listed IPO Zhen Health Medical (02697.HK) surged again in the afternoon, rising more than 210% to a high of HK$393.2.
According to a survey by the think tank OMFIF, central banks plan to increase their euro holdings, but 60% of the central banks surveyed have not invested in euros due to concerns about lower returns.
According to a survey by the think tank OMFIF, two-thirds of central banks plan to promote the application of AI in the next one to two years.