Changes in Hong Kong stocks | Yingxing Holdings (01440) rose more than 14% at the end of the session to a record high, and the stock price increased 1.3 times in the past two weeks, and the company turned a loss into a profit in the first half of the year

The Zhitong Finance App learned that Yingxing Holdings (01440) rose more than 14% at the end of the session, reaching a record high of HK$23.5. The stock price has risen 1.3 times since September 9. As of press release, it rose 10.77% to HK$22.62, with a turnover of HK$53.4292 million.

According to the news, in the first half of this year, Yingxing Holdings achieved revenue of 163 million yuan; profit attributable to the company's owners was 24.249 million yuan, turning a year-on-year loss into a profit, thanks to the strong performance of the IP product division profit of about 11 million yuan and fair value income from the group's strategic investments of about 27.3 million yuan. Meanwhile, since September 7, Yingxing Holdings has been included in the Hong Kong Stock Connect list, officially unlocking the southbound capital channel.

In February of this year, Yingxing Holdings announced that it had successfully reached various forms of cooperation with internationally renowned IP partners. The company has always used the IP of a series on an international streaming platform to design, manufacture, promote and sell a series of products. It has also set up a pop-up store in a shopping center in Hong Kong and an online store to sell related products. Additionally, the Group is exploring the establishment of its AI infrastructure and software-as-a-service capabilities to support its AI-driven business plans.