HK Stock Market Move | CHI SILVER GP (00815) fell over 5%, expecting a mid-term net loss of 15 million to 25 million yuan, as the companys silver ingot sales declined.

CHI SILVER GP (00815) fell more than 5%, and as of the time of this report, it is down 3.51%, priced at HKD 0.275, with a transaction volume of HKD 9.5396 million. In news, recently, CHI SILVER GP issued a profit warning. Compared to an attributable net profit of approximately RMB 54.9 million (the same unit hereinafter) for the six months ending June 30, 2025 (the first half of 2025), the Group expects to record an attributable net loss of between RMB 15 million and RMB 25 million for the first half of 2026. After excluding the impact of share-based payment expenses disclosed below and losses regarded as disposal matters, the Group anticipates that the attributable net profit for the first half of 2026 will be between RMB 66 million and RMB 76 million. The announcement stated that the expected transition from net profit to net loss is mainly attributed to the following factors: for the Group's manufacturing business segment, the increase in silver prices in the first half of 2026, combined with a decrease in demand for various silver applications, has led to a decline in silver ingot sales; the Group recognized share-based payment expenses of approximately RMB 57 million under the share award plan adopted on June 18, 2025, resulting in increased administrative expenses for the first half of 2026; and the Group recorded losses regarded as disposal matters of approximately RMB 34 million in the first half of 2026, mainly due to the dilution of its equity in the associate EVEREST GOLD after the latter completed the placement of new shares on February 6, 2026, and March 13, 2026.