HK Stock Market Move | CHINA ORIENTAL (00581) opened up nearly 5%. Sales of self-produced steel products in the third quarter reached 2.1 million tons per month, with H steel as the core product.

CHINA ORIENTAL (00581) opened nearly 5% higher, rising 4.84% as of the time of writing, at HK$1.3 with a trading volume of HK$249,600. On the news front, on November 18th, CHINA ORIENTAL released an announcement stating that for the three months ending September 30, 2025, the group's own production of steel products had sales volume of approximately 2.1 million tons, with a gross profit of around 200-250 yuan per ton, and an operating profit of approximately 403 million yuan after deducting net financial costs. It is reported that CHINA ORIENTAL's core business is steel and the company's annual steel production capacity has exceeded 10 million tons, significantly increasing since its listing. The product matrix is rich and has a high market recognition. In the first half of 2025, the revenue contribution of this sector was very high, with H-beams accounting for 29.4% of the revenue as the core product.