HONG KONG, July 29, 2026 /PRNewswire/ -- On 29^th July, Fosun International (00656.HK) issued a positive profit alert. Its profit attributable to owners of the parent for the first half of 2026 is expected to range from approximately RMB1.5 billion to RMB1.8 billion representing an increase of approximately 127% to 172% compared to the same period last year. The board of directors (the "Board") considers that such increase is mainly attributable to the strong resilience demonstrated by its core industries in the first half of 2026, the steady improvement in operational quality, and the significant increase in industrial operation profit compared to the same period last year.

Previously disclosed information showed that since the beginning of 2026, Fosun International's fundamentals have remained stable, and its core industries including pharmaceuticals and healthcare, insurance and finance, and cultural tourism and consumer businesses, have continued to demonstrate a good development trend.

Among them, Fosun Pharma, a core subsidiary in the Health segment, achieved operating revenue of RMB10.073 billion in the first quarter of 2026, representing a year-on-year increase of 6.93%, while net profit attributable to shareholders of the parent reached RMB871 million, up 13.87% year on year. Excluding non-recurring gains and losses, net profit attributable to shareholders of the parent increased by 21.96% year-on-year.

Fosun Insurance Portugal (Fidelidade), a core subsidiary in the Wealth segment, maintained strong premium growth momentum in the first half of 2026, with both its domestic Portuguese and overseas businesses achieving double-digit growth. Meanwhile, Pramerica Fosun Life Insurance achieved net profit of RMB786 million in the first half of 2026, exceeding its net profit for the full year of 2025.

Yuyuan, a core subsidiary in the Happiness segment, expects net profit attributable to shareholders of the listed company for the first half of 2026 to range from RMB120 million to RMB170 million, representing a year-on-year increase of 91.04% to 170.64%. In addition, Hainan Mining, a subsidiary in the Intelligent Manufacturing segment, expects to achieve net profit attributable to shareholders of the listed company of approximately RMB470 million to RMB550 million in the first half of 2026, representing an increase of 68% to 96% compared with the same period last year. Its profit for the first half of the year has already exceeded that for the full year of 2025.

Market analysts point out that by continuously advancing its strategy of "streamlining operations and strengthening the business, focusing on core businesses", Fosun has been steadily exiting non-core assets while strengthening investment and operational capabilities in its core industries, laying a solid foundation for earnings recovery and long-term profitability. "It is clear that Fosun has now successfully entered the validation phase of its earnings recovery, and its subsequent performance is worth looking forward to."

香港2026年7月29日 /美通社/ -- 7月29日，復星國際（00656.HK）發佈正面盈利預告，2026年上半年復星國際歸屬於母公司股東的利潤預計約為人民幣15億元至人民幣18億元，較去年同期增長約127%至172%。董事會認為該增長主要由於2026年上半年核心產業展現強勁韌性，運營質量穩步提升，產業運營利潤較去年同期有較大增長。

此前公開信息顯示，2026年以來，復星國際基本面保持穩健，醫藥健康、保險金融、文旅消費等核心產業持續展現出良好發展態勢。

其中，旗下健康板塊核心子公司復星醫藥，2026年一季度實現營業收入人民幣100.73億元，同比增長6.93%，歸母淨利潤人民幣8.71億元，同比增長13.87%；若扣除非經常性損益，歸母淨利潤同比增幅達21.96%。

富足板塊核心子公司復星葡萄牙保險，2026上半年保費增長勢頭強勁，葡萄牙本土及海外業務均實現兩位數增長；復星保德信人壽2026年上半年實現淨利潤人民幣7.86億元，超過2025年全年淨利潤水平。

快樂板塊核心子公司豫園股份，預計2026年半年度歸屬於上市公司股東的淨利潤區間為人民幣1.20億元至人民幣1.70億元，同比增幅達91.04%至170.64%。此外，智造板塊子公司海南礦業預計2026年上半年實現歸屬於上市公司股東的淨利潤人民幣4.7億元至人民幣5.5億元，較去年上半年增長68%至96%，上半年盈利已超2025年全年。

市場分析人士指出，通過持續推進「瘦身健體、聚焦主業」戰略，復星一方面有序退出非核心資產，另一方面強化核心產業投入與運營，為業績修復和長期盈利兌現創造了健康發展的基礎，「很明顯，復星目前已順利進入了業績修復的驗證期，後續表現值得期待。」

BEIJING, July 29, 2026 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended May 31, 2026.

Financial Highlights for the Fourth Fiscal Quarter Ended May 31, 2026

• Total net revenues increased by 23.0% year over year to US$1,529.5 million for the fourth fiscal quarter of 2026. 
• Operating income increased to US$85.8 million for the fourth fiscal quarter of 2026, compared to an operating loss of US$8.7 million in the prior-year period.
• Net income attributable to New Oriental increased by 775.8% year over year to US$62.2 million for the fourth fiscal quarter of 2026.

Key Financial Results

Operating Highlights for the Fourth Fiscal Quarter Ended May 31, 2026

Michael Yu, New Oriental's Executive Chairman, commented, "We are pleased to conclude the final quarter of fiscal year 2026 on a strong note, with continued healthy top line growth of 23.0%. Revenues from overseas test preparation and consulting business increased by approximately 3.6%. In addition, our domestic test preparation business targeting adults and university students grew by approximately 29.1% year over year. Our new educational business initiatives also gained meaningful traction, growing approximately 24.8% year over year. This quarter, our non-academic tutoring courses reached around 60 cities, attracting approximately 1,072,000 student enrollments, and our intelligent learning system and devices were adopted across around 60 cities, with approximately 326,000 active paid users. These results reflect the soundness of our core education strategy and our unwavering commitment to elevating teaching standards and product quality. The consistent growth we have achieved validates our long-term approach and demonstrates its capacity to generate sustainable value. Alongside our growth momentum, we have made significant strides in cost optimization and operational efficiency, advancing these initiatives into a new phase. Our newly established New Oriental Home – a comprehensive customer service platform integrated across all departments – has already served over 950,000 families across 69 cities by the end of this quarter. This infrastructure is designed to deepen customer loyalty and retention, unlock cross-selling potential, and maximize customer lifetime value, all while reducing customer acquisition and marketing costs. We remain steadfast in our commitment to strengthening our brand and delivering lasting value to both our customers and shareholders."

Chenggang Zhou, New Oriental's Chief Executive Officer, added, "This fiscal quarter, we continued to execute our strategy of disciplined capacity expansion – one that over the full year has demonstrated remarkable effectiveness in balancing revenue growth with operational efficiency. Equally important, AI has become a central organizational priority, and we have advanced its adoption with clear execution and measurable progress. We further enhanced our OMO teaching system and deepened AI integration across our education ecosystem – embedding AI into existing offerings, refining AI‑powered products, and deploying AI to boost operational efficiency and support for our teaching staff. Together, these efforts position us well for sustained long-term competitive advantage. For FY2026, East Buy continued to offer products under its "Three Highs" standards – safety, quality, and cost performance – backed by reliable service. It launched 11 new Douyin vertical accounts, expanding its channel matrix to 18, with coverage spanning food, fresh produce, nutrition, and more niche categories. It also upgraded its live streaming system and introduced talent recruitment initiatives, supplier summits, and user feedback mechanisms to strengthen its ecosystem. Looking ahead to FY2027, East Buy will expand offline experience stores via New Oriental's learning centers, accelerate private label development, refine membership operations, and improve supply chain efficiency – all in service of driving sustainable long-term growth."

Stephen Zhihui Yang, New Oriental's Executive President and Chief Financial Officer, commented, "Despite one-time costs and expenses arising from our internal management restructuring this quarter, we still delivered year over year expansion in Non-GAAP operating margin. This achievement was primarily driven by enhanced operational efficiency, improved utilization within our educational business, and the solid top- and bottom-line performance of East Buy. For the quarter, Non-GAAP operating margin reached 7.2%, up by 60 basis points compared to the same period last fiscal year. For the full fiscal year 2026, Non-GAAP operating margin expanded by 170 basis points, from 11.3% to 13.0%. Looking ahead, we will continue to execute our cost and efficiency initiatives across key business lines in the coming new fiscal year. Building on the structural optimizations already in place, we aim to steadily reduce fixed costs, drive further operational efficiencies, and reinforce the foundation for sustainable, profitable growth."

Update on Shareholder Return for the Fiscal Year 2026

In October 2025, the Company announced that, pursuant to its previously adopted three-year shareholder return plan, the board of directors had approved an ordinary dividend of US$0.12 per common share, or US$1.20 per ADS, to be distributed in two installments as part of the shareholder return for the fiscal year 2026. The first and second installments have been fully paid to shareholders and ADS holders.

Additionally, as part of the shareholder return for the fiscal year 2026, the Company also announced in October 2025 a share repurchase program, under which the Company is authorized to repurchase up to US$300 million of its ADSs or common shares over the subsequent 12 months. As of July 28, 2026, the Company had repurchased a total of approximately 51.5 million common shares (including common shares represented by ADSs) for an aggregate consideration of approximately US$274.0 million from the open market under this share repurchase program. The Company expects to continue to carry out this share repurchase program for the remainder of its duration in accordance with its terms. 

Shareholder Return for the Fiscal Year 2027

To implement its three-year shareholder return plan adopted in July 2025 for the fiscal year 2027, the board of directors of the Company has approved an ordinary cash dividend and a new share repurchase program.

The aggregate amount of the cash dividend for the fiscal year 2027 is expected to be approximately US$300 million, to be paid in two installments in December 2026 and June 2027, respectively. Further details regarding the cash dividend will be decided by the board of directors and announced by the Company in due course.

Pursuant to the share repurchase program for the fiscal year 2027, the Company may repurchase up to US$200 million of its ADSs or common shares over the subsequent 12 months following the board approval. The Company's proposed repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The board of directors of the Company will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company expects to fund the repurchases out of its existing cash balance.

Financial Results for the Fourth Fiscal Quarter Ended May 31, 2026

Net Revenues

For the fourth fiscal quarter of 2026, New Oriental reported net revenues of US$1,529.5 million, representing a 23.0% increase year over year. The growth was mainly driven by the increase in net revenues from the Company's new educational business initiatives.

Operating Costs and Expenses

Operating costs and expenses for the quarter were US$1,443.7 million, representing a 15.3 % increase year over year.

• Cost of revenues increased by 25.9% year over year to US$717.3 million.
• Selling and marketing expenses increased by 23.9% year over year to US$262.5 million.
• General and administrative expenses increased by 13.2% year over year to US$463.9 million.
• Impairment of goodwill was nil, compared to US$60.3 million in the same period of the prior fiscal year.

Total share-based compensation expenses, which were allocated to related operating costs and expenses, decreased by 20.7% to US$22.7 million in the fourth fiscal quarter of 2026.

Operating Income / Loss and Operating Margin

Operating income increased to US$85.8 million for the fourth fiscal quarter of 2026, compared to an operating loss of US$8.7 million in the prior-year period. Non-GAAP income from operations for the quarter, excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and impairment of goodwill, was US$110.0 million, representing a 34.7% increase year over year.

Operating margin for the quarter was 5.6%, compared to negative 0.7% in the same period of the prior fiscal year. Non-GAAP operating margin, which excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and impairment of goodwill, for the quarter was 7.2%, compared to 6.6% in the same period of the prior fiscal year.

Net Income and Net Income per ADS

Net income attributable to New Oriental for the quarter was US$62.2 million, representing a 775.8% increase year over year. Basic and diluted net income per ADS attributable to New Oriental were US$0.40 and US$0.39, respectively.

Non-GAAP Net Income and Non-GAAP Net Income per ADS

Non-GAAP net income attributable to New Oriental for the quarter, excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, (gain)/loss from fair value change of investments, loss/(gain) from equity method investments, impairment of long-term investments, impairment of goodwill, loss/(gain) on disposals of investments and others, as well as tax effects on non-GAAP adjustments, was US$87.8 million, representing a 10.5% decrease year over year. Non-GAAP basic and diluted net income per ADS attributable to New Oriental were US$0.56 and US$0.55, respectively.

Cash Flow

Net operating cash inflow for the fourth fiscal quarter of 2026 was approximately US$518.7 million and capital expenditures for the quarter were US$99.0 million.

Balance Sheet

As of May 31, 2026, New Oriental had cash and cash equivalents of US$1,821.2 million. In addition, the Company had US$1,366.8 million in term deposits and US$2,372.3 million in short-term investments.

New Oriental's deferred revenue, which represents cash collected upfront from customers and related revenue that will be recognized as the services or goods are delivered, at the end of the fourth quarter of fiscal year 2026 was US$2,242.9 million, an increase of 14.8% as compared to US$1,954.5 million at the end of the fourth quarter of fiscal year 2025.

Financial Results for the Fiscal Year Ended May 31, 2026

For the fiscal year 2026 ended May 31, 2026, New Oriental reported net revenues of US$5,661.3 million, representing a 15.5% increase year over year.

Operating income was US$643.3 million, representing a 50.2% increase year over year. Non-GAAP operating income, excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and impairment of goodwill, for the fiscal year 2026 was US$737.6 million, representing a 33.1% increase year over year.

Operating margin for the fiscal year 2026 was 11.4%, compared to 8.7% for the same period of the prior fiscal year. Non-GAAP operating margin, which excludes share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and impairment of goodwill, for the fiscal year 2026, was 13.0%, compared to 11.3% for the same period of the prior fiscal year.

Net income attributable to New Oriental for the fiscal year 2026 was US$475.2 million, representing a 27.8% increase year over year. Basic and diluted net income per ADS attributable to New Oriental for the fiscal year 2026 amounted to US$3.01 and US$2.97, respectively.

Non-GAAP net income attributable to New Oriental, excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, (gain) /loss from fair value change of investments, loss from equity method investments, impairment of long-term investments, impairment of goodwill, gain on disposals of investments and others, as well as tax effects on non-GAAP adjustments, for the fiscal year 2026 was US$571.1 million, representing a 10.5% increase year over year. Non-GAAP basic and diluted net income per ADS attributable to New Oriental for the fiscal year 2026 amounted to US$3.62 and US$3.57, respectively.

Outlook for the Full Year of FY2027

New Oriental expects total net revenues in the fiscal year 2027 (June 1, 2026 to May 31, 2027) to be in the range of US$6,453.9 million to US$6,680.3 million, representing a year over year increase in the range of 14% to 18%.

This forecast reflects New Oriental's current and preliminary view, which is subject to change. The forecast is based on the current USD/RMB exchange rate, which is also subject to change.

Conference Call Information

New Oriental's management will host an earnings conference call at 8 AM on July 29, 2026, U.S. Eastern Time (8 PM on July 29, 2026, Beijing/Hong Kong Time). 

Please register in advance of the conference, using the link provided below. Upon registering, you will be provided with participant dial-in numbers, and unique personal PIN.

Conference call registration link: 
https://register-conf.media-server.com/register/BIffe9352b170044a4b248e41d134aed08. 

It will automatically direct you to the registration page of "New Oriental FY2026 Q4 Earnings Conference Call" where you may fill in your details for RSVP.

In the 10 minutes prior to the call start time, you may use the conference access information (including dial in number(s) and personal PIN) provided in the confirmation email received at the point of registering.

Joining the conference call via a live webcast:

Additionally, a live and archived webcast of the conference call will be available at http://investor.neworiental.org.

Listening to the conference call replay:

A replay of the conference call may be accessed via the webcast on-demand by registering at https://edge.media-server.com/mmc/p/pdsxxtdn first. The replay will be available until July 29, 2027.

About New Oriental

New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings mainly consist of educational services and test preparation courses, private label products and livestreaming e-commerce, overseas study consulting services, and educational materials and distribution. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents ten common shares, are listed and traded on the NYSE. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.

For more information about New Oriental, please visit http://www.neworiental.org/english/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook for the full year of fiscal year 2027, quotations from management in this announcement, as well as New Oriental's strategic and operational plans, contain forward-looking statements. New Oriental may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about New Oriental's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's ability to effectively and efficiently manage changes of its existing business and new business; its ability to execute its business strategies; uncertainties in relation to the interpretation and implementation of or proposed changes to, the PRC laws, regulations and policies regarding the private education industry; its ability to attract students without a significant decrease in course fees; its ability to maintain and enhance its "New Oriental" brand; its ability to maintain consistent teaching quality throughout its school network, or service quality throughout its brand; its ability to achieve the benefits it expects from recent and future acquisitions; the outcome of ongoing, or any future, litigation or arbitration, including those relating to copyright and other intellectual property rights; competition in the private education sector and livestreaming e-commerce business in China; the continuing efforts of its senior management team and other key personnel, health epidemics and other outbreaks in China; and general economic conditions in China. Further information regarding these and other risks is included in its annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. New Oriental does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and New Oriental undertakes no duty to update such information, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement New Oriental's consolidated financial results presented in accordance with GAAP, New Oriental uses the following measures defined as non-GAAP financial measures by the SEC: net income excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, (gain)/loss from fair value change of investments, loss/(gain) from equity method investments, impairment of long-term investments and goodwill, loss/(gain) on disposals of investments and others, as well as tax effects on non-GAAP adjustments; operating income excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, and impairment of goodwill; operating margin excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, and impairment of goodwill; and basic and diluted net income per ADS and per share excluding share-based compensation expenses, amortization of intangible assets resulting from business acquisitions, loss/(gain) from fair value change of investments, loss/(gain) from equity method investments, impairment of long-term investments and goodwill, loss/(gain) on disposals of investments and others, as well as tax effects on non-GAAP adjustments. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of non-GAAP measures to the most comparable GAAP measures" set forth at the end of this release.

New Oriental believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding from each non-GAAP measure certain items that may not be indicative of its operating performance from a cash perspective. New Oriental believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to New Oriental's historical performance and liquidity. New Oriental believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using these non-GAAP measures is that they exclude from each non-GAAP measure certain items that have been and will continue to be for the foreseeable future a significant recurring expense in its business. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

Contacts

HONG KONG and SHANGHAI, July 29, 2026 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An", the "Company" or the "Group"; HKEX: 2318; SSE: 601318) ranked No. 48 on the 2026 Fortune Global 500 list, released on July 28. The list ranks the world's largest corporations by revenue for the 2025 fiscal year. With operating revenue of USD 158.65 billion, the Company ranked 10th among global financial enterprises and has been included on the Fortune Global 500 list for 17 consecutive years.

This year's list included 122 Chinese companies, maintaining China's position as the country with the second-largest number of companies represented. In 2025, these companies generated total revenue of approximately USD 10.4 trillion, with average revenue of approximately USD 85.6 billion. Their average profit increased from USD 4.2 billion to USD 4.5 billion, representing a year-on-year increase of approximately 7% and demonstrating the resilience and vitality of China's economy.

In recent years, Ping An has continued to deepen its technology-driven "integrated finance + health and senior care" dual-pronged strategy while accelerating its comprehensive digital transformation. Through differentiated services, Ping An is strengthening its core competitiveness and creating long-term, sustainable value for customers, employees, shareholders, and society.

In 2025, Ping An achieved broad-based improvement in its overall business performance. Operating profit attributable to shareholders of the parent company reached RMB134.415 billion, up 10.3% year-on-year, while equity attributable to shareholders of the parent company exceeding RMB1 trillion for the first time, increasing 7.7% from the beginning of the year.

Advancing "integrated finance + health and senior care" to drive business growth: Ping An continued to develop its integrated financial services ecosystem featuring "one customer, multiple accounts, multiple products, and one-stop services." As of the end of 2025, Ping An had 251 million retail customers, and the retention rate among customers holding three or more product categories reached 99%. Its health and senior care strategy has established a distinct competitive advantage, effectively driving additional insurance purchases and increasing the average premium per policy.

Deepening "AI in All" to empower core financial businesses and improve quality and efficiency: Ping An continued to advance the deep integration of artificial intelligence, big data, and other technologies with its core financial businesses, to build leading technological capabilities. In 2025, the service volume of Ping An's AI service representatives exceeded 1.7 billion times, accounting for 80% of Ping An's total customer service volume, while AI agents assisted in generating sales of RMB133.2 billion.

Upgrading services and enhancing customer experience: Ping An launched Express Service and developed the first AI assistant in China's financial industry that enables customers to complete tasks with a single sentence. The service now has approximately 90 million monthly active users. In addition, the Company upgraded its Global Emergency Assistance services, which now cover 233 countries and regions worldwide.

Rewarding shareholders through continued value creation: Ping An's full-year cash dividend for 2025 was RMB 2.70 per share, up 5.9% year on year and marking the 14th consecutive year of growth. Total cash dividends amounted to RMB 48.891 billion, representing a cash dividend payout ratio of 36.4% based on operating profit attributable to shareholders of the parent company.

Looking ahead, Ping An will remain committed to meeting customer needs and deepening its technology-enabled "integrated finance + health and senior care" dual-pronged strategy. Guided by its business policy of "high-value growth, service innovation, technology enablement, and regulatory compliance," Ping An will further strengthen its integrated finance advantages and actively fulfill its corporate social responsibilities to achieve long-term, high-quality, and sustainable development.

- End -

About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-enabled "integrated finance + health and senior care" dual-pronged strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its over 250 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2025, Ping An had more than RMB13 trillion in total assets. The Group ranked 26th in the Forbes Global 2000 list in 2026, 48th in the Fortune Global 500 list in 2026, and ranked AAA in MSCI ESG Ratings in 2025.

For more information, please visit the www.group.pingan.com and follow our LinkedIn page - PING AN.

Google announced the launch in Hong Kong of Gemini Spark, an AI agent powered by the Gemini 3.6 Flash model that can operate continuously in the background around the clock. Spark can execute complex and time-consuming tasks based on user instructions, helping users save time.

Google said it will progressively roll out the Gemini Spark experience to Google AI Pro subscribers in Hong Kong over the coming weeks, while Google AI Ultra subscribers in Hong Kong can already access the new feature.
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AASTOCKS Financial News
Website: www.aastocks.com

Meta Platforms, Inc. (META.US) CEO Mark Zuckerberg told the Financial Times that the US government should not gain an advantage in the AI sector by blocking Chinese models, and warned leading US AI laboratories against using their influence to shape government regulation in ways that could stifle domestic competition.

After Moonshot AI released its powerful Kimi K3 model earlier this month, US government officials accused Moonshot AI of using "distillation" techniques to train models with US AI data, and threatened to impose sanctions.

Zuckerberg said banning advanced Chinese AI from use in the US would not be an effective solution. He believed US companies should systematically identify bottlenecks and obstacles in order to compete more effectively with China in the AI race.

Zuckerberg reiterated his support for open-source AI models and warned that AI could face the risk of being concentrated in the hands of a small number of powerful groups. The remarks appeared to target rivals Anthropic and OpenAI, which currently dominate the chatbot market with their proprietary "closed" AI models.
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AASTOCKS Financial News
Website: www.aastocks.com

The 2026 Fortune Global 500 ranking was unveiled, with Amazon.com, Inc. (AMZN.US) topping the list of the world's largest companies for the first time, ending Walmart Inc. (WMT.US)'s 12-year reign.

State Grid Corporation of China retained third place and remained the highest-ranked Chinese company. UnitedHealth Group Incorporated (UNH.US) and Saudi Aramco ranked fourth and fifth respectively.

Google parent Alphabet Inc. (GOOG.US) ranked as the world's eighth-largest company, entering the top 10 for the first time. With net profit of USD132.17 billion, it reclaimed the title of the world's most profitable company from Saudi Aramco, ending the latter's four-year streak. NVIDIA and Apple ranked second and third respectively in the profit ranking, while Saudi Aramco slipped to fifth.

Chinese internet magnates JD-SW (09618.HK), BABA-W (09988.HK), TENCENT (00700.HK), PDD Holdings Inc. (PDD.US) and MEITUAN-W (03690.HK) continued to grow amid an increasingly competitive landscape, with all improving their rankings. JD-SW climbed three places from last year to rank 41st, remaining the highest-ranked mainland Chinese private enterprise.

BABA-W ascended seven places to 56th. TENCENT entered the top 100 for the first time this year, rising 19 places to 97th. PDD climbed 11 places to 255th, while MEITUAN-W advanced 16 places to 311th. Meanwhile, XIAOMI-W (01810.HK) made the list for the eighth consecutive year, ranking 232nd, up 65 places from the previous year.

Companies on this year's Fortune Global 500 generated combined revenue of approximately USD43.1 trillion, up 3.2% YoY and exceeding one-third of global GDP. The minimum revenue threshold for inclusion increased from USD32.2 billion to USD33.2 billion. Combined net profit totaled approximately USD3.4 trillion, soaring 14% YoY to a record high.
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AASTOCKS Financial News
Website: www.aastocks.com

After Apple Inc. (AAPL.US) exceled NVIDIA Corporation (NVDA.US) on Monday (27th) to become the world's most valuable company by market cap, its market value briefly touched USD5 trillion for the first time on Tuesday (28th).

Apple's stock once reached a high of USD342.89 before trimming gains to close at USD340.08, up 0.94%. Apple shares have cumulatively gained 25% YTD.

Last year, the market was concerned that Apple's controlled investment scale, coupled with the delayed launch of the long-awaited upgraded Siri version, which will be released together with new iPhone hardware in autumn 2026, could cause the company to miss the AI boom and lag behind other trillion-dollar market cap peers.

However, market sentiment has recently shifted as investors focus on the substantial debt accumulation and negative cash flow among companies aggressively investing in technology, without a clear path to high returns.

In fact, while major technology companies including Alphabet Inc. (GOOGL.US), Amazon.com, Inc. (AMZN.US), Meta Platforms, Inc. (META.US) and Microsoft Corporation (MSFT.US) are collectively splurging hundreds of billions of US dollars in capex this year to advance AI infrastructure, Apple has maintained relatively low capex and relied on Google's cloud infrastructure and AI technologies.
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AASTOCKS Financial News
Website: www.aastocks.com

業績電話會議將於2026年8月11日星期二
晚上8:00（香港時間）/ 上午8:00（美國東部時間）舉行

香港2026年7月28日 /美通社/ -- 中國領先的在線閱讀和IP培育平台閱文集團（「閱文」或「公司」，股份代號：0772.HK）宣佈將於2026年8月11日星期二公佈2026年上半年業績。

閱文集團管理層將召開電話會議，討論期內公司財務和業務狀況。電話會議的網絡直播可在公司投資者關係網站http://ir.yuewen.com同步收聽。

電話會議和網絡直播詳情如下：

如與會者希望使用電話號碼撥入會議，請使用下面提供的鏈接提前註冊，並在會議開始前10分鐘撥入。您的撥打號碼，密碼和唯一的訪問PIN碼將會在註冊時提供。

預註冊鏈接：    https://s1.c-conf.com/diamondpass/10056118-m1tldu.html

電話會議的重播將於會議結束後啟用，有效時間至2026年8月18日：

智慧消防實現100%在線及「零誤報」

推動香港智慧城市安全治理

香港2026年7月28日 /美通社/ -- 中國移動香港有限公司（下稱「中國移動香港」或「CMHK」）作為香港消防處「物聯網火警偵測系統先導計劃」（Pilot Scheme on IoT Fire Detection System）的獨家物聯網（IoT）服務及系統供應商，成功協助消防處完成首階段實地測試。由CMHK部署的無線智慧消防系統已於港島、九龍及新界首批10幢舊式樓宇投入實地運行，測試期間錄得100%在線運行率及具里程碑意義的「零誤報」紀錄，印證物聯網技術應用於舊式樓宇消防安全的穩定性及可靠性，進一步推動香港智慧城市安全治理發展。

物聯網技術破解舊樓消防安全痛點

傳統消防改善工程可能涉及安裝水缸、水泵、消防喉轆及鋪設線路，工程時間可長達1至2年，費用亦可由數十萬至逾百萬港元不等，對業主構成沉重負擔。部分樓宇更受天台業權、樓宇負重能力或空間所限，難以安裝相關設施。根據先導計劃的實際數據，以6層高樓宇為參考，物聯網火警偵測系統的工程費用約為20萬港元，僅為傳統工程成本的三分之一，安裝時間亦可大幅縮短。

CMHK憑藉流動網絡、物聯網平台及系統整合能力，攜手消防處完成先導物聯網火警偵測系統先導計劃，成功為首批10幢樓宇的現場勘察、系統設計、設備接入、網絡連接及平台部署，並為系統測試及運作提供技術支援，成效超著。

實地測試表現理想 實現100%在線及零誤報

經過為期3個月的實地測試，由CMHK搭建的物聯網中央監控平台及前端感測設備錄得100%系統在線率及零火警誤鳴，部件有效運作率亦超過99.95%。透過煙霧及一氧化碳雙重感測，以及多感測器融合邏輯，系統能有效減少日常煮食、火鍋或香燭煙霧引致的誤報。

此外，在消防處另行進行的實火測試顯示中，當火警發生並有濃煙積聚後，偵測器約於60秒內啟動警報，火警訊號亦能順利傳送。系統同時支援24小時狀態監測，一旦偵測器或網關出現故障、損壞或被人為拆除，平台會即時發出提示，讓維護團隊及時跟進。

基於先導計劃的卓越成果，消防處早前已正式接納「物聯網火警偵測系統配合滅火筒」，作為6層或以下合資格目標樓宇的消防設備替代方案。對全港約3,600幢合資格舊樓而言，相關方案提供安裝時間較短、成本較低、具備實時監測能力，並符合相關消防規定的選擇。

雙重感測配合4G及LoRa連接 火警訊號迅速傳送

CMHK的物聯網火警偵測系統透過在樓宇每個單位及公用地方安裝無線複合火警偵測器，以同時監測煙霧及一氧化碳濃度，當相關數值達到火警警戒水平，偵測器會透過LoRa無線技術，將火警訊號傳送至設於走廊、配備雙SIM卡及後備電源的4G LoRa火警警報網關。網關接收訊號後，系統會啟動樓宇內的警報裝置，讓不同樓層的網關互相聯動並鳴響火警鐘，提醒居民及早疏散。網關亦設有手動火警鐘掣，除了由系統自動偵測火警，居民也可在發現火災時以人手啟動警報。

此外，憑藉700MHz低頻4G網絡覆蓋範圍廣、室內穿透能力較強及訊號穩定的優勢，系統在舊式樓宇的複雜環境下仍能保持可靠連接。火警警報及設備運作資料可穩定傳送至物聯網監控平台及消防處中央監控平台，再透過火警警報電腦傳送系統送達消防通訊中心，讓消防處迅速掌握事故及調派救援人員。消防員抵達現場後，亦可透過相關應用程式查看警報位置、尋找可能的火警源頭及重置系統，提升現場應變效率。

科技助力由「消」及「防」

傳統樓宇消防管理主要着重火警發生後的應變及滅火工作，物聯網技術則可持續掌握消防設備的運作狀態，及早發現故障或異常情況，推動消防安全管理由事後應對逐步走向主動預防。相關設備及警報數據亦可配合大數據及人工智能技術，為設備維護、防火巡查及消防資源規劃提供參考，進一步提升消防管理的精準度及效率。

展望未來，CMHK將繼續配合消防處推展物聯網火警偵測系統，發揮流動網絡及物聯網技術優勢，協助更多舊式樓宇提升消防安全水平，為居民建構更安全、可靠及具韌性的居住環境，持續推動香港智慧城市安全治理發展。

關於中國移動香港有限公司

中國移動香港有限公司（簡稱「中國移動香港」）隸屬中國移動有限公司（簡稱「中國移動」），《財富》雜誌「全球500強」企業，香港聯交所股份代號：941；於1997年1月正式提供服務，成為全港首個PCS流動網絡商。

作為全球最多客戶流動網絡品牌*，公司為客戶提供創新及多元化的5G通訊服務，包括話音、數據、IDD及國際漫遊等，並一直致力發展5G與人工智慧、物聯網、雲端計算、大數據等新技術結合，幫助各行各業實現5G的應用，推動大灣區智慧城市群建設與發展。

*中國移動香港有限公司為中國移動有限公司全資附屬公司。截至2025年12月31日，中國移動有限公司在全球擁有最多流動網絡客戶。