Ruiwei Asset Management (01835.HK) issues a profit warning, expecting a net loss for the interim period not to exceed 3 million yuan, a year-on-year shift from profit to loss.

Zhitong Finance APP news,(01835.HK) announced that, based on the information currently available to the board of directors and a preliminary review of the latest unaudited consolidated financial information of the Group for the six months ending June 30, 2026 (the "Period"), the Group expects to incur a net loss not exceeding RMB 3 million for the Period, compared to a net profit of approximately RMB 2.4 million for the six months ending June 30, 2025. The Group anticipates that the shift from net profit to net loss in the Period is mainly due to: (i) a significant decline in revenue from consulting fees related to investment advisory services in the real estate sector affected by the market environment; and (ii) an increase in administrative expenses compared to the same period last year.