HK Stock Market Move | CHONGQING M&E (02722) rose over 3%, expecting a year-on-year growth of approximately 30% in net profit attributable to shareholders in the first half of the year.

CHONGQING M&E (02722) has risen over 3%. As of the time of writing, it has increased by 1.72%, trading at HKD 2.075, with a transaction volume of HKD 9.0219 million. In news, CHONGQING M&E has announced that the group expects a net profit attributable to shareholders for the six months ending June 30, 2026, to grow by approximately 30% compared to the same period in 2025. The announcement states that this growth is mainly due to the groups continuous improvement in lean management, increased profitability in the intelligent machine tool business, growth in the scale of the wind turbine blade business contributing to profit increases, and increased investment returns from the high-horsepower engine and ultra-high voltage power transmission and transformation businesses.