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Hong Kong stocks movement | MEILAN AIRPORT (00357) opened over 11% higher as control of the company will change hands to Hainan Airport Infrastructure, proposed to receive a premium of about 10.63% for the full acquisition offer.
MEILAN AIRPORT (00357) opened up over 11%, and as of the time of writing, it has risen by 11.46%, trading at 10.7 Hong Kong dollars with a transaction value of 2.7606 million Hong Kong dollars.
Hong Kong stock morning news | BYD's new energy vehicle sales have increased by more than 40% year-on-year this year. Hainan Airport Infrastructure intends to acquire 50% of the shares of MEILAN AIRPORT for over 2.3 billion yuan.
① U.S. Treasury Secretary Yellen stated that market signals indicate the Federal Reserve should cut interest rates. ② Hainan Airport Infrastructure plans to acquire a 50% stake in MEILAN AIRPORT for over 2.3 billion yuan. ③ BYD's new energy vehicle sales have increased by over 40% year-on-year this year. ④ Industry predictions suggest that travel enthusiasm during the May Day holiday may reach a nearly three-year peak.
Hainan Airport to Fund Stake Purchase via Internal Resources, Debt Financing
Zhitong Hong Kong Stock Investment Log | May 1st
Hong Kong Stock Investment Journal | May 1, 2025
Gelonghui announcement highlights (Hong Kong stocks) | PRADA (01913.HK) first quarter net income of 1.341 billion euros, an increase of 12.5% year-on-year.
【Today's Focus】PRADA (01913.HK) reported a net income of 1.341 billion euros in the first quarter, an increase of 12.5% year-on-year. PRADA (01913.HK) announced that for the three months ending March 31, 2025, the Prada Group recorded a net income of 1,341.3 million euros, an increase of 12.5% year-on-year at constant Exchange Rates; compared to the first quarter of 2024, retail sales net income increased by 13.0% at constant Exchange Rates; at constant Exchange Rates, retail sales net income for the PRADA brand remained stable, while Miu Miu's retail sales net income increased by 60.2%.
Express News | Hainan Airport Infrastructure Says It and Unit to Hold Combined at Least 50.2% Stake in Hainan Meilan International Airport After Transaction Is Completed
