Changes in Hong Kong stocks | Jinqiao Group Holdings (00623) rose nearly 10%, medium-term net profit increased by up to 8.7 times, benefiting from changes in fair value of financial assets, etc.

The Zhitong Finance App learned that Jinqiao Group Holdings (00623) rose nearly 10%. As of press release, it had risen 9.79% to HK$2.075, with a turnover of HK$1.101,900.

According to the news, on the evening of August 6, Jinqiao Group Holdings issued an announcement stating that it is expected to achieve a consolidated net profit of about 290 million yuan to 320 million yuan for the six months ending June 30, 2026, and about 33 million yuan in the same period last year, a sharp increase of 7.8 to 8.7 times over the previous year. The company stated that the increase in profit was mainly due to changes in the fair value of financial assets that include current profit and loss at fair value and proceeds from the sale of financial assets.