HK Stock Market Move | ART GROUP HOLD (00565) fell more than 14%, expecting a mid-term loss of approximately HK$64 million.

ART GROUP HOLD (00565) fell by over 14%, dropping to 1.7 Hong Kong dollars with a trading volume of 18.3286 million Hong Kong dollars as of the time of reporting. On the news front, ART GROUP HOLD announced that it is expected to incur a comprehensive after-tax net loss of approximately 64 million Hong Kong dollars for the six months ending December 31, 2025, compared to a comprehensive after-tax net profit of around 27 million Hong Kong dollars for the same period in 2024. The shift from profit to loss is mainly due to the recognition of expected credit losses on lease deposits of approximately 39 million Hong Kong dollars, the absence of a one-time gain of around 300 million Hong Kong dollars from the termination of leases in the same period of 2024, and the reversal of deferred tax liabilities related to investment properties of approximately 15 million Hong Kong dollars, offset by a loss of approximately 276 million Hong Kong dollars from the termination of investment properties; and the absence of a one-time gain of approximately 11 million Hong Kong dollars from the bargain purchase of a subsidiary in the same period of 2024.