HK Stock Market Move | JST GROUP (06687) fell by more than 5% again due to the widening loss of preferred shares. It is expected to turn from a profit to a loss of 1.6 billion to 1.7 billion yuan for the full year.

JST GROUP (06687) fell more than 5% again, as of the time of writing, it fell by 5.44%, to 18.78 Hong Kong dollars, with a trading volume of 329.404 million Hong Kong dollars. On the news front, JST GROUP previously issued a profit warning announcement, expecting to report a loss for the year ending December 31, 2025, with a net loss attributable to equity holders of the company ranging from approximately 1.6 billion to 1.7 billion RMB, compared to a net profit of approximately 12.2 million RMB in the same period in 2024. This is mainly due to the significant loss incurred from the issuance of convertible redeemable preference shares. The group is expected to report an adjusted net profit ranging from approximately 180 million to 230 million RMB.