Hong Kong Stock Morning Post ｜ BYD Q1 net profit increased by 4 times Meituan takeaway drone officially launched

　　[Yesterday Review]

　　Hong Kong stocks rose sharply yesterday, with the Hang Seng Index closing up 0.42%; the Hang Seng Technology Index fell 0.26%.

　　Large technology stocks rose and fell, Kuaishou rose more than 1%, Xiaomi and Meituan rose slightly, Alibaba and Baidu fell nearly 2%; insurance stocks led the day; Chinese prefix stocks performed better. On the other hand, semiconductor stocks and building materials and cement stocks performed poorly.

　　[Capital flow]

　　South funds yesterday net inflow of 1.497 billion Hong Kong dollars. Kuaishou net buying volume, Huahong Semiconductor net selling volume ranked first.

　　The short selling data is as follows:

　　[Major News]

　　BYD’s first-quarter net profit increased fourfold, with new energy vehicles as the main driver

　　On April 27, () disclosed the first quarter financial report of this year. During the period, the operating income was 120.173 billion yuan, an increase of 79.83% year-on-year, and the net profit was 4.13 billion yuan, an increase of 410.89% year-on-year.

　　BYD said that the increase in revenue was mainly due to the increase in sales of new energy vehicles.

　　According to the data of the Passenger Association, in the first quarter of this year, BYD’s cumulative sales reached 547,900 vehicles, an increase of 92.43% year-on-year, which is the sales crown of new energy vehicle enterprises in our country.

　　The demand for May Day travel is hot, and Haidilao’s national store bookings have increased by more than 120%.

　　Meituan data shows that searches for keywords related to holiday consumption such as "food" and "vacation" increased by 313% compared with the same period in 2019, and travel and catering will become the high-frequency consumer categories driving "May Day".

　　From April 22 to 25, Haidilao stores across the country received more than 120% more dining reservations than last year, and stores around some popular attractions have opened a multi-round booking model for evening markets.

　　Meituan takeaway drone will be delivered within 15 minutes of official operation

　　Recently, Meituan drone Shanghai’s first regular commercial route was officially launched in Jinshan, Shanghai, and citizens can experience drone delivery services through the Meituan App.

　　According to the official account of "Shanghai Jinshan", Meituan’s first commercial drone route in Shanghai is 2.2 kilometers long, starting from Shanghai Bailian Jinshan Shopping Center and ending at Jinshan Federation of Industry and Commerce Building.

　　Equipped with three drones with an effective load of 2.3 kg, the flight altitude does not exceed 120 meters, the fastest speed is 20m/s, and it can operate normally in light rain and wind conditions below level 5, achieving food delivery within 15 minutes.

　　[Financial data]

　　China Petrochemical shares: the first quarter revenue 791.331 billion yuan, an increase of 2.59%; net profit attributable to shareholders 20.102 billion yuan, a decrease of 11.83%.

　　China Offshore Oil: the first quarter revenue 97.711 billion yuan, an increase of 7.5%; net profit attributable to the parent 32.113 billion yuan, a decrease of 6.38%.

　　(): The first quarter revenue 144.453 billion yuan, an increase of 22.39%; net profit attributable to shareholders was about 3.372 billion yuan, an increase of 25.77%. The cumulative amount of new contracts signed in the first quarter was 325.809 billion yuan, an increase of 2.10% year-on-year.

　　(): The first quarter revenue 88.242 billion yuan, an increase of 3.5%; net profit attributable to shareholders was 26.28 billion yuan, an increase of 5.22%.

　　BYD Electronics: the first quarter revenue 26.375 billion yuan, an increase of 26%; net profit attributable to shareholders about 459 million yuan, an increase of 154.85%.

　　Beijing Auto: The first quarter revenue 47.696 billion yuan, an increase of 4.3%; net profit attributable to the parent 1.455 billion yuan.

　　(): The first quarter revenue was 7.052 billion yuan, an increase of 7.71% year-on-year; the net profit attributable to shareholders was about 914.50 million yuan, an increase of 4.97% year-on-year.

　　(): The first quarter revenue 368.385 billion yuan, an increase of 7.2%; net profit attributable to the parent 17.885 billion yuan, an increase of 18%.

　　In addition, China Life intends to invest 6 billion yuan through the equity investment plan to invest in Beijing Beijing-Hong Kong subway equity; in addition, it intends to subscribe to the equity investment plan established by China Life Investment for 999 million yuan, and the asset operator is Zhejiang Cainiao.

　　People’s Insurance Group of China: the first quarter revenue 137.769 billion yuan, an increase of 8%; net profit attributable to the parent 11.721 billion yuan, an increase of 230%.

　　(): The first quarter revenue 29.005 billion yuan, an increase of 17.4%; net profit attributable to the parent was 6.917 billion yuan, an increase of 114.8%.

　　China’s property and casualty insurance: revenue in the first quarter was 115.258 billion yuan, an increase of 9.39% year-on-year; insurance service income was 107.52 billion yuan, an increase of 9.19% year-on-year, and the comprehensive cost rate of underwriting was 95.7%, a decrease of 0.9 percentage points year-on-year. Net profit was 9.508 billion yuan, an increase of 22.04% year-on-year.

　　CITIC Securities: first quarter revenue 15.348 billion yuan, an increase of 0.87%; net profit attributable to shareholders 5.417 billion yuan, an increase of 3.6%.

　　(): The first quarter revenue was 4.306 billion yuan, a year-on-year decrease of 10.64%; the net profit attributable to shareholders was 3.4364 million yuan, a year-on-year decrease of 94.68%.

　　(): The first quarter revenue was 59.158 billion yuan, a decrease of 4.2% year-on-year; the net profit attributable to shareholders was about 7.155 billion yuan, an increase of 5.3% year-on-year. Mainly due to the policy of guaranteed supply and stable price, product sales and selling prices were affected.

　　In addition, China Coal Energy plans to invest in the construction of China Coal Yulin Coal Deep Processing Base Project, with a total investment of 23.888 billion yuan.

　　Maanshan Iron and Steel Co., Ltd.: The first quarter revenue was 22.737 billion yuan, down 14.46% year-on-year; the net loss attributable to the parent was 509 million yuan.

　　(): The first quarter revenue 74.945 billion yuan (the same below), an increase of 15.71%, an increase of 13.32%. Net profit attributable to shareholders was about 5.442 billion yuan, a decrease of 11.14%, an increase of 61.24%.

　　During the period, mineral gold production increased by 22% year-on-year, mineral copper production increased by 24% year-on-year, and mineral zinc production decreased by 3% year-on-year.

　　(): The first quarter revenue 6.628 billion yuan, an increase of 1.49%; net profit attributable to the parent 248 million yuan, a decrease of 63.09%.

　　(): The first quarter revenue was 10.4255 billion yuan, an increase of 4.13% year-on-year; the net profit attributable to shareholders was about 810 million yuan, a decrease of 10.63% year-on-year.

　　Guangdong Investment: Revenue in the first quarter 5.333 billion HK $, down 3.2% year-on-year; net profit attributable to shareholders 1.285 billion HK $, down 13.6% year-on-year. Mainly due to the decrease in construction service income from water resources business.

　　(): The first quarter revenue was 28.05 billion yuan, a year-on-year decrease of 5.88%; the parent net profit was 137 million yuan, a year-on-year turnaround. In addition, the cumulative online electricity in the first quarter was about 53.0609 billion kWh, a year-on-year decrease of about 8.69%. Mainly due to the slowdown in the growth rate of electricity consumption in the whole society.

　　(): The first quarter revenue 19.43 billion yuan, an increase of 6.16%; net profit attributable to the parent 615 million yuan, an increase of 131.11%.

　　() shares: revenue in the first quarter 6.146 billion yuan, an increase of 22.96%; net profit attributable to shareholders 405 million yuan, a loss of 398 million yuan in the same period last year. During the period, the demand for railway passenger transportation market picked up, and passenger transportation income increased.

　　Jingneng Clean Energy: revenue in the first quarter was 6.326 billion yuan, an increase of 1.98% year-on-year; net profit attributable to the parent was about 1.308 billion yuan, an increase of 5.05% year-on-year.

　　[Company News]

　　Cinda Bio: The total product revenue in the first quarter was about 1.10 billion yuan, achieving steady growth quarter-on-quarter, mainly due to the continued growth in the overall sales of Sindilimab Injection and other product portfolios.

　　ENN Energy: In the first quarter, the Group put 235 pan-energy projects into operation, and its comprehensive energy sales increased by 27.8% year-on-year to 7.062 billion kWh.

　　Anta Sports: Completed the placement of 119 million shares.

　　AIA: spent 132 million Hong Kong dollars to buy back 1.5472 million shares at a repurchase price of 84.45-86 Hong Kong dollars.