HK Stock Market Move | JS GLOBAL LIFE (01691) rose over 6%, achieving a turnaround to profitability in the first half of the year, with the Ninja brand performing impressively.

JS GLOBAL LIFE (01691) rose over 6%, reaching a gain of 6.36% at the time of publication, trading at HKD 1.505, with a transaction volume of HKD 10.49 million. Recently, JS GLOBAL LIFE announced its mid-year results for 2026, with revenue of approximately USD 741 million, a year-on-year decrease of 4.3%; gross profit of about USD 229 million, down 7.7% year-on-year; adjusted net profit increased by 9.6% year-on-year to USD 14.8 million, and profit attributable to shareholders reached USD 9.419 million, turning from loss to profit year-on-year. Huatai believes that the company is currently in a strategic investment phase of "exchanging costs for market share," with significant growth potential in emerging markets; from a medium to long-term perspective, it is optimistic about SharkNinja Asia-Pacific continuing to enhance profitability through economies of scale, while Joyoung's segment is gradually releasing profit elasticity as end-demand improves. Huatai pointed out that the Ninja brand has performed well, with the segment's gross profit margin increasing year-on-year. SharkNinja's Asia-Pacific sales revenue to third-party customers in H1 26 was USD 244 million, a year-on-year increase of 6.2%; by region, revenue in Australia/New Zealand and other markets increased year-on-year by 33.5% and 165.5%, respectively. The company is actively launching high-end new products to improve product structure while promoting cost optimization measures, achieving a gross profit margin increase against the backdrop of increased promotional activities, intensified price competition, and rising cost pressures. In H1 26, the gross profit margin for SharkNinja's Asia-Pacific segment was 43.7%, up 1.5 percentage points year-on-year. The outlook remains positive for the medium to long term, relying on economies of scale and a localized supply chain to continuously enhance profitability.