HK Stock Market Move | CHINA STATE CON (03311) fell over 6%, with net profit in the first half of the year decreasing by 17.7% year-on-year, and the Hong Kong division's revenue shrinking by 25.4%.

CHINA STATE CON (03311) fell over 6%. As of the time of publication, it was down 6.15%, trading at HKD 7.94, with a transaction volume of HKD 84.97 million. In terms of news, CHINA STATE CON released its mid-year results for 2026, achieving a revenue of HKD 43.884 billion, a year-on-year decrease of 22.5%. The attributable profit to shareholders was HKD 4.33 billion, a decrease of 17.7% year-on-year; the basic earnings per share were HKD 0.8197, and it proposed a mid-term dividend of HKD 0.33 per share, with a payout ratio of approximately 35.4%, up 4.3 percentage points from the same period last year. In the first half of the year, the Hong Kong division's revenue and segment profit decreased by 25.4% and 15.1% to HKD 17.341 billion and HKD 737 million, respectively. Due to the lack of new large projects, the Macau division's revenue and segment profit fell by 7.5% and 8.5% to HKD 1.753 billion and HKD 418 million, respectively. In mainland China, although revenue declined by 21.3% to HKD 23.099 billion, the segment performance only slowed slightly by 2.5% to HKD 5.893 billion.