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Hong Kong stocks closing (07.26) | Hang Seng Index rose by 0.1%. Home appliances and machinery stocks rose due to policy stimulus, while East Buy (01797) plummeted by 23%.
Today, the three major stock indices in Hong Kong rose and fell, all rising more than 1% in early trading before exhibiting a weak and volatile trend for the rest of the day. At the close, the Hang Seng Index rose 0.1% or 16.34 points to close at 17021.31 points.
Gushengtang Expects Increase in H1 Profit; Shares Rise 4%
Hong Kong stock market noon review: three major indexes rose and fell, the science and technology index rose 0.66%; golden industrial concept performed well with chinagoldintl rising nearly 5%; east buy volume fell more than 20%.
The Hang Seng Index rose by 1.3% at one point and closed up 0.17% at noon, while the CSI 300 fell slightly by 0.07%. The Hang Seng Technology Index rose by 0.66%, once reaching as high as 1.6%.
HK stocks surge | Gu Sheng Tang (02273) rises more than 6%, with an expected year-on-year increase of about 41% to 46% in adjusted surplus profit in the first half of the year.
Kusuri Shodo (02273) rose more than 6%, as of press time, up 5.36% at HK$36.35, with a turnover of HK$18.7197 million.
Selected Announcement | East Buy: Famous anchor Dong Yuhui resigns and starts independent operation with Hui Tongxing; Hong Kong Telecom earned a net profit of about 2 billion Hong Kong dollars in the first half of the year.
Everbright Securities: Revenue in the first half of the year was 4.2 billion yuan, a year-on-year decrease of 32.03%; Weilong Delicacies: It is expected that the net income in the first half of the year will be between 0.5991 billion yuan and 0.6215 billion yuan, a year-on-year increase of about 34% to 39%.
Yingxi of Kotobuki Pharmacy (02273.HK): It is expected that the adjusted surplus in the first half of the year will increase by about 41% to 46%.
On July 25, Gelon announced that Gusheng Tang (02273.HK) expects to record revenue of approximately RMB 133.1 million to RMB 138.1 million in the first half of 2024, an increase of about 35% to 40% from the six months ended June 30, 2023. It also expects to record a net profit of approximately RMB 10.3 million to RMB 10.8 million in the first half of 2024, an increase of about 11% to 16% from the net profit of RMB 9.32 million in the first half of 2023.
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