HK Stock Market Move | TIANJIN CAPITAL (01065) soared more than 150% in the morning, third quarter performance will be released tomorrow. Institutions say the company has become a comprehensive environmental service provider.

TIANJIN CAPITAL (01065) soared more than 150% in the morning session, rising 80.66% by the midday close at 7.1 Hong Kong dollars, with a trading volume of 74.4165 million Hong Kong dollars. On the news front, TIANJIN CAPITAL is planning to hold a board meeting on October 24 to approve its third quarter performance. The company's interim results show that its revenue in the first half of the year was 2.178 billion yuan, down 1.8% year-on-year; net profit attributable to shareholders was 473 million yuan, up 12.1% year-on-year. In August of this year, Huatai released a research report stating that the market's positioning of Tianjin Capital Environmental Protection Group is as a "traditional water service operator", and its understanding of its positioning as a "comprehensive environmental services provider" is not sufficient. The bank believes that Tianjin Capital Environmental Protection Group has already built a second growth curve of "new energy + solid waste", breaking away from the label of "local water service operator" and becoming a "comprehensive environmental services provider"; it is attractive in terms of dividends, with forecasted H-share dividend yields of 6.0/6.5/6.9% for 2025/26/27.