HK Stock Market Move | WH GROUP (00288) fell over 5% again; Smithfield reported a mid-term profit increase of over 17%. The company has recently postponed its mid-term performance report.

WH GROUP (00288) fell over 5% again, and as of the time of this report, it is down 4.6%, trading at HKD 7.785, with a transaction volume of HKD 224 million. In terms of news, WH GROUP announced Smithfield's mid-term performance for 2026, with sales revenue of USD 7.5 billion, a year-on-year decrease of 0.77%; Smithfields attributable net profit was USD 484 million, a year-on-year increase of 17.48%. As of the end of the first half, WH GROUP indirectly holds 86.9% of Smithfield. It is noteworthy that WH GROUP's original board meeting scheduled for August 11 will be rescheduled to August 28 to consider and approve the unaudited consolidated mid-term results of the company and its subsidiaries for the six months ended June 30, as well as to consider the distribution of an interim dividend (if any). The reason for the postponement is the need for more time to finalize the mid-term results announcement.