China Water Industry (HKG:1129) said a Hong Kong court adjourned the hearing of a winding-up petition against the company to June 8, according to a Wednesday bourse filing.
Shares of the water supply company were down over 2% in late morning trade on Thursday.
The petition relates to a May 2022 loan agreement involving New China Water (Nanjing) Renewable Resources Investment, an indirect non-wholly owned subsidiary of the company, and a guarantee provided by China Water Industry.
Shuangdeng Group (HKG:6960) completed its planned H-share circulation in Hong Kong, according to a filing with the city's bourse Wednesday.The battery maker's shares gained nearly 6% in late-morning trade Thursday.The firm converted and listed about 191.8 million domestic shares, or 46% of its total issued capital, into H shares under the full circulation scheme.
China recorded 23.21 billion cross-regional passenger trips from January to April, up 2.1% from last year, state media reported Wednesday.Road passenger traffic rose 1.7%, while waterway trips climbed 7.4%.Commercial cargo handling went up 3.6% to 18.2 billion tonnes. Port cargo throughput rose 3.1% to 5.9 billion tonnes, with container throughput rising 7.2% to 120 million twenty-foot equivalent units.Fixed-asset investment in the transport sector exceeded 894.4 billion yuan during the period.
Emperor Capital Group (HKG:0717) booked HK$39 million in attributable profit for the fiscal first half ended March 31, falling from HK$56.1 million a year earlier, according to a Wednesday filing with the Hong Kong bourse.Shares of the financial services provider fell 11% in recent trade.Basic earnings per share were HK$0.0058, compared with HK$0.0083 in the prior-year period.Revenue fell sharply to HK$147.7 million from HK$402.6 million a year ago.