HK Stock Market Move | XUNLONG SCITECH (06715) rose by over 5%. In the first half of the year, adjusted net profit increased by 15.7% year-on-year, with strong growth in caviar product sales.
Xunlong Technology (06715) rose over 5%. As of the time of writing, it is up 5.16%, priced at 74.4 Hong Kong dollars, with a transaction volume of 3.6346 million Hong Kong dollars.
XUNLONG SCITECH (06715) rose over 5%, and as of the time of writing, it is up 5.16% at HKD 74.4, with a transaction volume of HKD 3.6346 million.
In terms of news, XUNLONG SCITECH released its mid-year results for 2026, reporting revenue of RMB 362 million for the first half of the year, an increase of 20.01% year-on-year; adjusted net profit of RMB 209 million, up 15.7% year-on-year; and a proposed interim dividend of RMB 0.75 per share. The announcement stated that the revenue increase was primarily due to strong sales growth of caviar products. Sales increased by 23.0% year-on-year to 140,367 kilograms, benefiting from ongoing growth in mature markets like Europe and the United States, as well as robust demand in Asia-Pacific markets such as Japan, South Korea, and Singapore.
Additionally, the Hang Seng Index Company announced the results of its quarterly review, in which XUNLONG SCITECH was included in the Hang Seng Composite Index. The changes will be implemented after the market closes on September 4 and will take effect on September 7, at which point the Shanghai and Shenzhen Stock Exchanges will adjust the scope of investable stocks under Stock Connect. According to Huatai, XUNLONG SCITECH is expected to enter the Stock Connect list.
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