HK Stock Market Move | Brilliance China (01114) opened more than 8% lower, expecting a year-on-year decrease in net profit of no more than 40%.

Huachen China (01114) opened more than 8% lower, as of the article, it fell 8.24% to HKD 3.12, with a turnover of HKD 118.997 million. On the news front, Huachen China issued a profit warning, expecting a decrease of not more than 50% in the audited pre-tax profit for the year ending December 31, 2025 compared to the previous year. The expected decrease in the audited pre-tax profit for the reporting year is mainly due to the poor performance of the Group's major joint venture, Huachen BMW Automobile Co., Ltd., and the operating losses incurred by the Group's major operating subsidiary, Jinbei (Shenyang) Automobile Co., Ltd. (which resumed production in the second half of 2025). Although the Group's pre-tax profit decreased by no less than 69% in 2025 compared to 2024, the Group still expects a decrease of not more than 40% in the audited post-tax profit for the period. The Group expects a decrease of not more than 40% in net profit for 2025 compared to the previous year, while the net profit for 2024 was approximately RMB 31.01 billion.