Zhitong Hong Kong stocks have known for a long time | Profitability attributable to shareholders of Sun Hung Kai Properties (00016) increased 11.15% year-on-year

[Today's headlines]

US oil surpasses $100 per barrel, oil rises above $109

The rise in international oil prices accelerated. By the close of the day, WTI crude oil futures on the New York Mercantile Exchange continued to rise by $7.88 for the month, closing at $103.93 per barrel, or 8.20%. Brent crude futures continued to rise 7.78% during the month, closing at $109.29 a barrel.

The Zhitong Finance App learned that due to the intensification of the US-Iran conflict and the blockage of export channels in the Persian Gulf, Saudi Arabia, the leader of the Organization of Petroleum Exporting Countries (OPEC, OPEC), recently confirmed to OPEC that its crude oil production in August was drastically cut by 1.9 million barrels per day to 6.238 million barrels per day. According to OPEC's monthly report, this production level has fallen below the wartime low in April this year, setting a record low since the outbreak of the Gulf War in 1990.

[General outlook]

The Nasdaq China Golden Dragon Index closed down 0.66%

Overnight, the Dow Jones Industrial Average fell 316.56 points, or 0.6%, to close at 52064.1 points; the S&P 500 stock index fell 44.66 points to close at 7591.7 points, or 0.58%; and the Nasdaq Composite Index fell 171.62 points to close at 26081.72 points, or 0.65%.

Star Technology stocks had mixed ups and downs. Intel fell more than 5%, Nvidia fell more than 2%, and Apple rose more than 3%. The Philadelphia Semiconductor Index fell more than 2%, with the storage sector leading the decline. SK Hynix fell more than 5%, copper concept stocks fell, McMoRan Copper and Gold fell more than 6%, and Southern Copper fell more than 7%.

The Nasdaq China Golden Dragon Index closed down 0.66% to 5788.60 points. The Hang Seng Index ADR declined. On a proportional basis, it closed at 24858.56 points, down 95.91 points or 0.38% from the Hong Kong closing.

By the close of the day, WTI crude oil futures on the New York Mercantile Exchange rose $7.88 for the month, or 8.20%, to close at $103.93 a barrel. COMEX gold futures fell $102.20 for the month's consecutive contracts, or 2.29%, to $4358.5 per ounce.

On September 10, US long-term bond yields continued to rise. Among them, the yield on 30-year treasury bonds once broke through the August 18 high and rose to 5.34%, a new high since June 2007.

[Hot Topics Preview]

The ECB raised interest rates for the second time since the Iran war and raised the inflation forecast for the next two years

On Thursday evening Beijing time, the ECB announced 25 basis points of increase in all three key interest rates in the Eurozone as scheduled. After this adjustment, the Eurozone deposit mechanism interest rate, main refinancing interest rate, and marginal loan interest rate were 2.50%, 2.65%, and 2.90%, respectively.

The Hong Kong Securities Regulatory Commission suspends the dispatch of Kangshiyun-B (02592) share transactions, claiming that the IPO may have been manipulated by humans

The Zhitong Finance App learned that on September 10, the Hong Kong Securities Regulatory Commission issued an announcement instructing the Stock Exchange to suspend trading of Kangshi Yun-B (02592) shares starting at 9:00 a.m. on September 10, 2026. The suspension of trading was made in accordance with section 8 (1) of the Securities and Futures (Listing on the Stock Market) Rules; the investigation by the Securities Regulatory Commission was carried out in accordance with section 182 (1) of the Securities and Futures Ordinance.

The Hong Kong Securities Regulatory Commission stated that it is seriously concerned that Bukangshiyun's initial public offering may have been manipulated to create the illusion that the market is in demand for its shares. The Hong Kong Securities Regulatory Commission believes that suspending relevant share transactions while the investigation continues will help maintain the orderly and fair share market of Diakang Shiyun and protect the interests of the public.

Sipney (02583): Will continue to lay out the “precious metals+wear+intelligence” field to explore the new growth curve of the precious metal wearable industry in the AI era

Shenzhen Jinling Artificial Intelligence Co., Ltd., a subsidiary of the company, officially launched the Jinling Jewelry Store AI retail smart device. Based on the company's “GrowthAgent OS” platform, we launched an AI-enabled smart retail solution combining standardization and customization.

Jinjing Xinneng (01783) plans to spend another 380 million yuan to acquire more than 100 high-performance servers to expand its intelligent computing business

Jin Jing Xinneng (01783) announced that on September 10, 2026, the board of directors of the company approved the proposed purchase with the seller Shanghai Shunquan Technology Co., Ltd., according to which Shanghai Youfu Cloud Computing Co., Ltd., an indirect wholly-owned subsidiary of the company, will enter into a new server purchase agreement with the seller to acquire more than 100 high-performance servers supporting the Group's cloud computing and intelligent computing service capabilities. These high-performance servers are Nvidia's popular graphics processors for intelligent computing services. The total cost is RMB 380 million (equivalent to approximately HK$439.7 million).

Feiyang Group (01901) collaborates strategically with Red Bear AI and DingTalk China to deepen the integrated development of “AI+ cultural tourism”

Zhitong Finance App News, Feiyang Group (01901) announced that Zhejiang Feiyang International Travel Group Co., Ltd. (“Feiyang International”), a wholly-owned subsidiary of the company, recently signed strategic cooperation agreements with DingTalk (China) Information Technology Co., Ltd. (“DingTalk China”) and Shanghai Computational Model Technology Co., Ltd. (“Red Bear AI”), respectively, to conduct in-depth cooperation on the application of artificial intelligence technology in the cultural tourism industry.

Suteng Juchuang (02498) plans to sell the complete robot business and assets for 598.78 million yuan

After the proposed sale is completed, the group will focus on advancing its long-term strategic plan to develop major and key incremental components for embedded robot manufacturers in addition to lidar products. The company also anticipates that after the proposed sale is completed, the group will become one of the buyer's parts suppliers.

Sun Hung Kai Properties (00016) announced annual results. Profit attributable to shareholders of HK$21.426 billion increased 11.15% year over year

Profit per share is HK$7.39, and a final dividend of HK$2.93 per share is proposed. During the year under review, profit from property sales was HK$8.292 billion, compared to HK$8.29 billion last year. Based on equity holdings, the total contract sales obtained during the year were approximately HK$40.6 billion.

Starlink Technology: Plans to sell 140,108 million H shares globally, with a sale price of no more than HK$61

On the morning of September 11, Starlink Technology announced on the Hong Kong Stock Exchange that it plans to sell 14,010,800 H shares globally, 700,600 H shares in Hong Kong, and 13,310,200 H shares internationally; the sale price will not exceed HK$61.00 per share; it is expected that the shares will begin trading on the Hong Kong Stock Exchange on September 21, 2026.

[Individual stock prices are clear]

Daikin Heavy Industries (01081): Its own transport fleet officially launched, and the shipbuilding sector successfully entered the mainstream market

Over the past 26 years, Daikin Heavy Industries KING series special transport fleets have gradually achieved standardized batch delivery. KING ONE launched its maiden voyage in February and successfully completed the transport mission for the first European single pile project. The second shipping mission was successfully completed in May; the KING TWO ship completed delivery in July, and the BC Wind project's first batch of single piles shipping & maiden voyage began on September 2; KING THREE is scheduled to be delivered by the end of September.

Huaxi Securities pointed out that all three KING series ships will be put into operation during the year to ensure a manageable pace of project delivery, which is expected to increase profits. In addition, the shipbuilding sector has officially entered the mainstream shipbuilding market. Since the first order was signed in August '25, the company has signed a total of 24 new ship manufacturing orders, with a total contract amount of about 12 billion yuan. The order delivery period is concentrated in 2027-2030. We continue to be optimistic about the incremental space of the new growth curve driven by the company's own fleet transportation and ship construction.