HK Stock Market Move | Soho Holly Futures (03678) falls over 5%, net profit dropped nearly 87% year-on-year last year, and several major business areas showed significant declines.

Soho Holly Futures (03678) fell more than 5%, as of the time of writing, down 5.26% to 2.7 Hong Kong dollars, with a turnover of 16.3943 million Hong Kong dollars. On the news front, on March 31, Soho Holly Futures released its 2025 annual performance. The company achieved a total operating income of 287 million yuan in 2025, adjusted caliber year-on-year decreased by 20.53%; a net profit attributable to shareholders of the listed company was 3.9927 million yuan, a significant year-on-year decrease of 86.61%. In terms of business segments, Soho Holly Futures saw significant declines in its major businesses. In the brokerage business, the company's net brokerage fee income in 2025 was 167 million yuan, a 3.8% year-on-year decrease. Interest income on client fund deposits amounted to 47.4905 million yuan, a 44.37% decrease year-on-year. The company's market share of total turnover for the year was 0.37%; daily average customer equity decreased by 8.36% year-on-year. In terms of asset management business, as of December 31, 2025, the company's asset management scale was 1.059 billion yuan, a decrease of 93.43% compared to the end of 2024; asset management business achieved revenue (excluding fees generated by structured entities included in the scope of consolidation) of 2.9866 million yuan, a 50.24% decrease year-on-year. The risk management business achieved a profit of 8.8871 million yuan for the full year, also more than half decrease compared to 2024.