Hong Kong Chinese Limited (00655) issued a profit warning, expecting a mid-term consolidated loss attributable to shareholders of approximately HKD 450 million, a reversal from profit to loss compared to the same period last year.

Zhihua Finance APP reported that Hong Kong Chinese Limited (00655) announced that the Group expects to record a share of losses from its joint ventures of approximately HK$440 million for the six months ending June 30, 2026 (the current period), compared to a share of profits of HK$189 million for the six months ending June 30, 2025 (the previous period). The losses from the Group's joint ventures are primarily non-cash in nature and mainly stem from the losses of the investments accounted for using the equity method in the OUE Group, as well as impairment losses related to its investments in a joint venture accounted for using the equity method.