HK Stock Market Move | CITIC FAMC (02799) rose over 5%, with net profit attributable to shareholders in the first half of the year increasing by 11.3% year-on-year. The core business of non-performing assets has become a strong driver for performance.

CITIC FAMC (02799) rose over 5%, reaching 5.51% at the time of writing, trading at HKD 0.67, with a transaction amount of HKD 36.855 million. On the news front, recently, CITIC FAMC released its performance report for the first half of 2026 on the Hong Kong Stock Exchange. As of the end of June 2026, the company achieved total revenue of 25.951 billion yuan, a year-on-year increase of 36.6% after excluding one-time factors; net profit stood at 6.528 billion yuan, a year-on-year increase of 18.6%; and net profit attributable to shareholders was 6.862 billion yuan, up 11.3% year-on-year. The annualized average return on equity (ROE) was 21.4%, an increase of 0.3 percentage points year-on-year; the annualized average return on assets (ROA) was 1.2%, an increase of 0.1 percentage points year-on-year. In the first half of 2026, the core earnings indicators of CITIC FAMC continued to improve, with operational efficiency and capital utilization further enhanced. This can be attributed to the continuous improvement in the quality and effectiveness of the company's core business in non-performing assets, becoming the strongest driver of revenue and profit growth. According to financial report data, in the first half of the year, the companys core business in non-performing assets achieved total revenue of 26.738 billion yuan, representing a year-on-year increase of 46.4% after excluding one-time factors. The three core businesses of acquisition and disposal, revitalization and rescue, and equity collaboration have synergistically strengthened, continuously enhancing value creation capabilities.