HK Stock Market Move | CHOW SANG SANG (00116) opened over 11% higher, expecting a profit of approximately HKD 2.1 billion to HKD 2.2 billion for the first half of the year.
Chow Sang Sang (00116) opened more than 11% higher, and as of the release time, it has risen by 11.02%, priced at HKD 13.4, with a transaction volume of HKD 2.7336 million.
CHOW SANG SANG (00116) opened up over 11%. As of the time of writing, it has risen by 11.02%, trading at HKD 13.4 with a turnover of HKD 2.7336 million.
In terms of news, CHOW SANG SANG announced that it expects the profit attributable to owners of the company from continuing operations for the first half of the year to be between HKD 2.1 billion and HKD 2.2 billion, compared to HKD 910 million in the same period of 2025.
The announcement stated that the increase in performance is mainly due to improved sales performance in the retail business segment in key markets; additionally, the revaluation of precious metal lending recorded unrealized gains, whereas the same period last year had recorded unrealized losses.
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