HK Stock Market Move | ZHONGSHENG HLDG (00881) surged over 5% in the late session. The profit for the first half of the year was 111 million yuan, returning to the profit range compared to the full year of last year.

ZHONGSHENG HLDG (00881) rose over 5% in the final trading period, and as of the time of writing, it was up 4.5%, trading at HKD 4.3, with a transaction volume of HKD 43.8405 million. On the news front, ZHONGSHENG HLDG released its interim results. The financial report shows that the company achieved an operating income of 63.022 billion yuan in the first half of the year; the net profit attributable to the parent company was 111 million yuan, a year-on-year decline, but a recovery to a profit range compared to a net loss of 1.673 billion yuan for the entire year of 2025. Notably, compared to a gross margin of -3% for new cars for the entire year of 2025, there was substantial improvement in the new car business in the first half of 2026. The gross loss on new cars narrowed from 2.131 billion yuan to 580 million yuan, a decline of 72.8%; the gross margin for new cars improved from -4.1% to -1.4%. Although it remains in negative territory, the improvement trend is evident. At the gross profit level, the group's total gross profit increased by 20.0% year-on-year, becoming one of the core signals of operational improvement in this financial report.