HK Stock Market Move | SINOMAX GROUP (01418) fell more than 14% with an expected decrease in first-half net profit year-on-year to not less than HK$30 million.

SINOMAX GROUP (01418) fell by more than 14%, as of the time of reporting, down by 14.52% to HK$0.265, with a trading volume of HK$1.2788 million. On the news front, SINOMAX GROUP issued a profit warning, with the expectation of achieving a profit of not less than HK$30 million for the six months ending June 30, 2025, compared to a profit of approximately HK$74.2 million for the six months ending June 30, 2024. This is mainly due to a decrease in revenue caused by global trade fluctuations under the U.S. tariff policy. The tariff not only disrupted trade between China and the United States but also had an impact on the global supply chain, leading to increased uncertainty in production and logistics and operational disruptions.