Changes in Hong Kong stocks | Chow Sang Sang (00116) returned more than 9%, and net profit for the first half of the year increased by nearly 1.4 times year-on-year, with an interim interest rate of 28 Hong Kong cents

Zhitongcaijing · 3d ago

The Zhitong Finance App learned that yesterday, Chow Sang Sang Sang (00116) hit a record high of HK$16.69 in more than 12 years. Today's high level rebounded more than 9%. As of press release, it fell 9.16% to HK$15.08, with a turnover of HK$643.65 million.

According to the news, Chow Sang Sang Sang announced the 2026 interim results last night, with a turnover of about HK$12.888 billion, up 17% year on year; profit attributable to company owners was about HK$2.153 billion, up 139% year on year; profit per share was 320.5 HK cents, with an interim dividend of HK28 cents per share, up 33% year on year. According to the announcement, the increase in profit was due to improved retail performance and the revaluation of precious metals loans at the end of the period based on market value to obtain unrealized income.

Overall same-store sales growth in Hong Kong and Macau maintained a positive trend in the first half of 2026, up 38% year over year. The increase was due to continued steady local demand, improved passenger flow in tourist areas, and the steady contribution of community shopping malls; in mainland China, overall same-store sales growth showed an upward trend in the first half of 2026, with a year-on-year increase of 11%.