HK Stock Market Move | SHOUHUI GROUP (02621) rose more than 5%, expected to turn losses into profits in the midterm, earning up to 680 million yuan.
ShouHui Group (02621) rose over 5%, as of the drafting, it rose 5.15%, closing at HK$4.9, with a turnover of HK$2.6321 million.
SHOUHUI GROUP (02621) rose more than 5%, as of the time of publication, it rose 5.15% to 4.9 Hong Kong dollars, with a turnover of 2.6321 million Hong Kong dollars.
On the news front, SHOUHUI GROUP expects to turn losses in the six months ending June 30, 2025, with a net profit of between 660 million and 680 million yuan, compared to a net loss in the same period in 2024, mainly due to changes in fair value gains of financial instruments issued to investors during the period. The group expects to record adjusted net profit attributable to shareholders of 56 million to 76 million yuan for the six months ending June 30, 2025, a decrease of 50 million to 70 million yuan compared to the same period last year. This is mainly due to increased uncertainty in the macroeconomic environment, a slowdown in financial consumer demand, and comprehensive impacts of lowering insurance intermediary brokerage fees under the policy of integrating insurance brokers.
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On August 8, LAUNCH TECH (02488) spent HK$3.5054 million to repurchase 279,500 shares.

RAILY AESMED (02135) issues profit warning, with expected mid-term shareholder loss of about 8 million yuan increasing year-on-year.

PKU HealthCare Corp., (000788.SZ) plans to establish a manufacturing subsidiary based on the company's production and manufacturing center.

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