HK Stock Market Move | WHARF HOLDINGS (00004) fell nearly 3% in the afternoon, with basic net profit for the first half of the year decreasing by 17%. The interim dividend, including a special dividend, is set at 40 Hong Kong cents.

WHARF HOLDINGS (00004) fell nearly 3% in the afternoon, and as of the time of writing, it has decreased by 2.99%, trading at HK$20.8, with a transaction volume of HK$32.38 million. In terms of news, WHARF HOLDINGS announced its interim results for the six months ending June 30, 2026, with revenue of HK$5.344 billion, a year-on-year decrease of 6%; operating profit of HK$2.354 billion, down 11% year-on-year; and profit attributable to shareholders of HK$48 million, down 91% year-on-year. The Board has resolved to declare the first interim dividend of HK$0.20 per share, as well as a special interim dividend of HK$0.20 per share to celebrate the company's 140th anniversary. Excluding the impact of impairment from the revaluation of investment properties, the group's underlying net profit decreased by 17% to HK$1.697 billion, primarily reflecting a reduction in dividend income due to the monetization of part of the investment portfolio since the last quarter of last year, although this was partially offset by an increase in interest income and the recognition of sales from development properties in Hong Kong.