HK Stock Market Move | WALNUT CAP (00905) fell by more than 8% in the morning, with the company's performance turning from profit to loss after 25 years. The loss from the devaluation of cryptocurrency is about HK$1.429 billion.

WALNUT CAP (00905) fell over 8% in the morning, dropping more than 30% at one point in the early session. As of the time of writing, it was down 8.33% at 0.77 Hong Kong dollars, with a trading volume of 62.3844 million Hong Kong dollars. On the news side, recently, WALNUT CAP released its annual performance as of December 31, 2025, with a revenue of 1.994 million Hong Kong dollars, a year-on-year increase of 269.9%; a net loss of 172 million Hong Kong dollars, compared to a profit of 399,000 Hong Kong dollars in the same period last year; and a basic loss per share of 16.4 Hong Kong cents. The announcement stated that the turnaround from profit to loss in performance during the period was mainly due to recognizing impairment losses and losses from the sale of cryptocurrency of approximately 1.429 billion Hong Kong dollars and 7.4 million Hong Kong dollars, respectively; and recognizing a net loss of approximately 4.1 million Hong Kong dollars from the fair value change of financial assets recorded at fair value through profit or loss, while recognizing a net gain of approximately 17.4 million Hong Kong dollars from the fair value change of financial assets recorded at fair value through profit or loss in the same period.