HK Stock Market Move | CHINA TRAVEL HK (00308) fell more than 4%. It is expected that the mid-term profit attributable to shareholders will exceed HK$80 million. The tourism real estate business has been spun off from the group.

CHINA TRAVEL HK (00308) fell more than 4%, currently down 4.55% at HKD 1.155, with a trading volume of HKD 12.75 million. In terms of news, on August 13, CHINA TRAVEL HK announced that compared to a shareholder loss of HKD 87 million for the six months ending June 30, 2025, the group anticipates that its consolidated results for the six months ending June 30, 2026, will report a shareholder profit of over HKD 80 million. The board believes that the turnaround to profitability for the six months ending June 30, 2026, is mainly due to the group completing the spin-off of its tourism real estate business through a physical distribution on December 22, 2025, thereby divesting a continuously loss-making enterprise; the acquisition of Jilin Songhua Lake International Resort Development Co., Ltd. and China Travel (Beijing) Ice and Snow Sports Development Co., Ltd. completed on October 27, 2025, which brings new revenue growth points to the group; and the effective implementation of the company's strategies, which have significantly improved the groups operating performance.