HK Stock Market Move | STAR SHINE HLDG (01440) rose more than 4% as it achieved a turnaround from loss to profit in the first half of the year. The company is expected to be included in the Hong Kong Stock Connect next week.

STAR SHINE HLDG (01440) rose over 4%. As of this report, it is up 2.54%, trading at HKD 12.93, with a transaction volume of HKD 13.6029 million. In terms of news, STAR SHINE HLDG recently announced its interim results for the six months ending June 30, 2026, reporting revenues of HKD 163 million. The profit attributable to shareholders was HKD 24.249 million, a turnaround from a loss of HKD 22.511 million during the same period last year, with earnings per share of HKD 0.0192. The announcement stated that the group achieved a net profit of approximately HKD 24.2 million during the interim period, driven by a strong performance from the IP product segment, which contributed about HKD 11 million, and fair value gains from strategic investments amounting to approximately HKD 27.3 million. In contrast, the group recorded a net loss of approximately RMB 22.5 million for the six months ending June 30, 2025. Previously, the Hang Seng Index Company announced the results of its semiannual index adjustment, in which STAR SHINE HLDG was included in the Hang Seng Composite Index. The changes will take effect after the market closes on September 4 and be effective from September 7 onwards. At that time, the Shanghai and Shenzhen stock exchanges will correspondingly adjust the list of investable stocks for the Hong Kong Stock Connect. STAR SHINE HLDG may be included in the Hong Kong Stock Connect, as it meets a series of criteria including market capitalization and liquidity.