Key corporate developments this week: GenFleet Therapeutics-B (02595) has initiated a Phase II study evaluating GFH375, an oral KRAS G12D inhibitor, as a first-line treatment for non-small cell lung cancer, exploring monotherapy and combination regimens with EGFR antibodies or chemotherapy. Meanwhile, Akeso Inc (09926) reported that its Phase III AK112-309/HARMONi-Gi1 trial, comparing ivonescimab plus chemotherapy against durvalumab plus chemotherapy, achieved statistically significant and clinically meaningful positive overall survival results.

In strategic moves, Wai Yuen Tong Medicine Holdings (00660) signed a strategic cooperation memorandum for developing a mega AI data centre, digital infrastructure platform, and AI technology park in Pahang, Malaysia's aviation city. Chinasoft International (00354) secured a RMB 245 million bid for a smart transportation project in Xi'an, leveraging an "AI + OpenHarmony" approach to build a national smart transit benchmark. Yadea Group Holdings (01585) announced its subsidiary plans to acquire all shares of Jinhua Technology Group for RMB 1.02 billion. Additionally, Asiainfo Technologies (01675) signed a "Moon Landing Project" framework cooperation agreement with Moonshot AI to pursue comprehensive collaboration in enterprise-grade Agentic AI services.

On the earnings front, Noah Holdings (06686) released interim results with net income attributable to shareholders of RMB 357 million, up 9% year-on-year, while continuing investment in talent and technology infrastructure. Zai Lab (09688) posted a net loss of USD 102 million for the period, with R&D expenses rising 14% to USD 127 million. Kunlun Energy Company (00135) reported interim profit attributable to shareholders of RMB 3.306 billion, a 4.59% increase. Jiangxi Copper (00358) announced net profit attributable to parent of RMB 8.897 billion, surging 99.91% year-on-year. China Merchants Securities (06099) saw interim net profit attributable to parent climb 104.87% to RMB 10.624 billion. Joyson Electronics (00699) reported RMB 740 million in net profit, up 4.4%. Luzhou Bank (01983) recorded a 10.96% rise in net profit to RMB 1.001 billion. CSSC Offshore & Marine Engineering (00317) posted net profit of RMB 837 million, up 58.94%. Minth Group (00425) reported a 12.3% increase in profit attributable to owners, reaching RMB 1.434 billion. Dongfang Electric Corporation (01072) delivered net profit of RMB 2.713 billion, up 42.07%, maintaining top market share in gas turbines. Fosun Pharma (02196) recorded non-GAAP net profit of RMB 1.144 billion, up 19.09%. Goldwind Science & Technology (02208) reported profit attributable to shareholders of RMB 1.855 billion, a 24.67% gain. China Taiping Insurance Holdings (00966) announced interim insurance service results of HK$12.876 billion, with net profit attributable to parent jumping 90.3%. Newborn Town (09911) achieved adjusted profit attributable to equity holders of USD 101 million for H1, up 18.7%. Sinotrans (00598) reported net profit of RMB 1.725 billion, down 11.4%. Nongfu Spring (09633) delivered net profit of RMB 8.887 billion, up 16.6%. Shenzhen Expressway (00548) posted net profit of RMB 919 million, a 4.28% decline. APG Li-Tech (02551) reported revenue of RMB 1.079 billion, with new display business growing against the trend. New New Green Energy (00956) posted RMB 1.281 billion in net profit, down 9.28%. Haidilao International (06862) reported core operating profit of RMB 2.513 billion, up 4.38%.

Notably, Haizhi Tech (02706) achieved a 70.4% surge in revenue for H1 FY2026, with its agent business emerging as the primary growth engine. Innovent Biologics (01801) posted a 50.2% profit increase to RMB 1.253 billion. H&H International Holdings (01112) reported net profit of RMB 611 million, soaring approximately 7.6 times year-on-year. Metis Pharma-P (07666) reported revenue of RMB 154 million, up 13,399%. Guangshen Railway (00525) delivered net profit of RMB 1.19 billion, up 7.32%. Huaqin Technology (03296) saw profit attributable to owners rise 59% to approximately RMB 3 billion. China Oilfield Services (02883) reported profit attributable to owners of RMB 2.009 billion, up 2.28%. Great Wall Motor (02333) posted net profit of RMB 2.465 billion, with overseas operations increasingly serving as a core growth driver. ZhongAn Online P&C Insurance (06060) reported profit attributable to shareholders of RMB 1.55 billion, surging 132.18%. China State Construction International (03311) posted profit attributable to shareholders of RMB 4.33 billion, down 17.7%. Laopu Gold (06181) reported adjusted net profit of RMB 4.317 billion, up 83.6%. Shenzhou International (02313) posted net profit attributable to parent of RMB 1.905 billion, down approximately 40%. Xtep International (01368) reported profit attributable to shareholders of RMB 818 million, down 10.47%. Yadea Group Holdings (01585) also posted interim results with profit attributable to shareholders of RMB 1.201 billion, as electric scooter sales jumped 63.7% to 3.4842 million units.