Group 1: Hong Kong Stocks Performance - Miniso (09896) surged over 20% after reporting a 10% year-on-year increase in adjusted net profit for Q2, with TOP TOY revenue skyrocketing by 87.0% [1] - Li Ning (02331) rose over 6% as it announced a 3.3% year-on-year increase in revenue and declared an interim dividend of HKD 0.3359 per share [1] - Innovent Biologics (02096) increased by over 6% following a 26% year-on-year growth in innovative drug revenue, expanding its commercialized innovative drug portfolio to ten products [1] - Tuhu-W (09690) gained over 10% after reporting a 14.6% year-on-year increase in adjusted net profit while continuing to optimize supply-side costs [1] - Kuaishou-W (01024) rose over 4% with impressive Q2 results and accelerated commercialization [1] - UBTECH (09880) increased over 3% as it led the establishment of two national technical standards for humanoid robots [1] - InnoCare Pharma (02577) saw a rise of over 5% after announcing a partnership with NVIDIA [1] Group 2: Other Notable Performances - China Communications Services (00552) fell over 2% despite a slight 0.18% year-on-year increase in net profit attributable to shareholders, with stable development among its three major clients [2] - Parkson Group (03368) surged nearly 25% after reporting a turnaround to profitability in the first half of the year and proposing an interim dividend of HKD 0.02 per share [2] - Esprit Holdings (00330) jumped over 37% after issuing a profit warning, expecting a net profit of approximately HKD 1 million for the six months ending June 30, 2025 [2] - XPeng Motors (09868) rose over 10% as CEO He Xiaopeng increased his stake by purchasing 3.1 million Class A ordinary shares at an average price of HKD 80.49 per share [2] Group 3: US Market Highlights - Coty (COTY.US) plummeted 21.60% due to weak performance in the US market, retailer destocking, and consumers seeking value, impacting Q4 results [3] - NIO (NIO.US) increased by 9.27% ahead of the launch of its new ES8 product and the start of pre-sales [3] - Huazhu Group (HTHT.US) continued to rise by 2.19% with a 41.3% year-on-year increase in revenue and net profit, benefiting from management franchise and licensing business [3] - Boss Zhipin (BZ.US) rose 6.61% after reporting an over 85% year-on-year increase in net profit for the mid-year and extending its share buyback plan [3] - Youlan Group (YOUL.US) surged 17.13% after announcing plans to acquire four companies to expand its online recruitment and regional market share [3] - Hesai Technology (HSAI.US) increased by 11.00% amid market speculation about a potential IPO in Hong Kong to raise approximately USD 300 million [3] Group 4: Additional US Stock Movements - Miniso (MNSO.US) rose 6.38% after reporting a revenue of CNY 9.39 billion for the first half of the year, a year-on-year increase of 21.1%, with adjusted net profit of CNY 1.28 billion [4] - Walmart (WMT.US) fell 4.49% as Q2 adjusted earnings per share fell short of expectations due to increased insurance claims, legal fees, and restructuring costs [4] - Gilead Sciences (GILD.US) dropped 2.18% after CVS Health decided not to include Gilead's new HIV prevention drug Yeztugo in its business plans [4] - XPeng Motors (XPEV.US) rose 11.68% following the CEO's purchase of 3.1 million Class A ordinary shares [5] - Aegon (AEG.US) increased by 7.64% after reporting a turnaround to profitability in the first half of 2025, primarily driven by growth in its US business [5]

Core Viewpoint - The company, Esprit Holdings (00330), has experienced a significant stock price increase of over 30% following the announcement of a positive earnings forecast, indicating a turnaround in its financial performance [1]. Financial Performance - Esprit Holdings anticipates an unaudited net profit attributable to shareholders of approximately HKD 1 million for the six months ending June 30, 2025, compared to an unaudited net loss of approximately HKD 56 million in the same period last year [1]. - The upcoming first half of 2025 marks a critical phase in the company's transformation journey, following extensive restructuring efforts implemented in 2024 [1]. Business Model Shift - The company has decisively shifted from a high-cost, capital-intensive direct retail business model to a light-asset, license-driven brand management model [1].

Core Viewpoint - The company, Esprit Holdings (00330), has experienced a significant stock price increase of over 30% following the announcement of a positive earnings forecast, indicating a turnaround in financial performance [1] Financial Performance - Esprit Holdings anticipates an unaudited net profit attributable to shareholders of approximately HKD 1 million for the six months ending June 30, 2025, compared to an unaudited net loss of approximately HKD 56 million in the same period last year [1] Strategic Shift - The first half of 2025 marks a critical phase in the company's transformation journey, following extensive restructuring measures implemented in 2024 [1] - The company has decisively shifted from a high-cost, capital-intensive direct retail business model to a light-asset, license-driven brand management model [1]

本文源自：金融界 作者：行情君 截至2024年年报，思捷环球营业总收入3889.37万元、净利润-11.36亿元。 8月27日，思捷环球将披露2025财年中报。 8月22日，思捷环球(00330)盘中上涨15.09%，截至09:56，报0.122元/股，成交105.24万元。 思捷环球控股有限公司是一家国际时装品牌，主营业务为设计和销售Esprit和edc品牌的女装、男装和童 装。公司的产品在全球40多个国家销售，拥有900多间自主经营的零售店铺和逾8,500个批发销售点。 ...

Core Viewpoint - The company is expected to report a net profit of approximately HKD 1 million for the six months ending June 30, 2025, a significant improvement compared to a net loss of approximately HKD 56 million in the same period of 2024 [1] Group 1: Financial Performance - The company's revenue from continuing operations is approximately HKD 7 million, compared to approximately HKD 26 million in the same period of 2024 [1] - The stock price of the company increased by 9.43%, reaching HKD 0.116 at the time of reporting [1] Group 2: Strategic Transition - The first half of 2025 marks a critical phase in the company's transformation journey, following extensive restructuring measures implemented in 2024 [1] - The company has decisively shifted from a high-cost, capital-intensive direct retail business model to a light-asset, license-driven brand management model [1]

Core Viewpoint - The company has successfully transformed from a high-cost, capital-intensive direct retail model to a light-asset, license-driven brand management model, resulting in improved cost efficiency and initial revenue from new licensing agreements [1] Financial Performance - Revenue from continuing operations decreased from HKD 26 million in the same period last year to approximately HKD 7 million, while net loss significantly narrowed from HKD 119 million to HKD 21 million [1] - Operating expenses were reduced by 83%, totaling approximately HKD 26 million, due to the closure of unprofitable subsidiaries, scaling down backend operations, and eliminating fixed indirect costs [1] Future Outlook - The company expects to achieve a net profit attributable to shareholders of approximately HKD 100 million for the mid-term of the 2025 fiscal year, compared to a net loss of HKD 56 million in the same period last year [2]

Core Viewpoint - The company expects to achieve a net profit of approximately HKD 100 million for the six months ending June 30, 2025, a significant turnaround from a net loss of approximately HKD 56 million for the same period in 2024 [1] Group 1: Financial Performance - The company has transitioned from a high-cost, capital-intensive direct retail model to a light-asset, license-driven brand management model, marking a key phase in its transformation journey [1] - For the ongoing business, initial revenue has started to be generated from newly signed licensing agreements, with a significant improvement in cost efficiency during the reporting period [1] - Revenue from ongoing operations was approximately HKD 7 million during the reporting period, compared to approximately HKD 26 million in the comparative period [1] Group 2: Cost Management - The company has achieved a substantial reduction in operating expenses by closing unprofitable subsidiaries, downsizing backend infrastructure, and eliminating fixed indirect costs [2] - Total operating expenses for ongoing operations were approximately HKD 26 million during the reporting period, a decrease of 83% from approximately HKD 149 million in the comparative period [2] - The net loss for ongoing operations was approximately HKD 21 million during the reporting period, compared to a net loss of approximately HKD 119 million in the comparative period, excluding a one-time other income of approximately HKD 128 million in the comparative period [2] Group 3: Discontinued Operations - The company achieved a net profit of approximately HKD 22 million from discontinued operations during the reporting period, compared to a net loss of approximately HKD 65 million in the comparative period, contributing further to the net profit attributable to shareholders [2]

Core Viewpoint - The company, Esprit Holdings Limited (00330), has received approval from the listing committee for the new shares to be listed and traded, with the capital reorganization set to take effect on August 25, 2025 [1] Group 1 - All conditions for the capital reorganization have been met [1] - New shares will commence trading at 9:00 AM on August 25, 2025 [1] - The trading unit for shares on the Hong Kong Stock Exchange will change from 2,500 existing shares to 10,000 new shares effective September 8, 2025 [1]

Core Viewpoint - The company, Esprit Holdings (00330), anticipates a significant turnaround in its financial performance, projecting a net profit of approximately HKD 100 million for the six months ending June 30, 2025, compared to a net loss of about HKD 56 million for the same period in 2024 [1] Group 1: Financial Performance - The company has shifted from a high-cost, capital-intensive direct retail model to a light-asset, license-driven brand management model, marking a critical phase in its transformation journey [1] - For the ongoing business, initial revenue from newly signed licensing agreements has started to materialize, with cost efficiency significantly improved during the reporting period [1] - Revenue from continuing operations during the current period was approximately HKD 7 million, down from about HKD 26 million in the comparative period [1] Group 2: Cost Management - The company has achieved a substantial reduction in operating expenses by closing unprofitable subsidiaries, downsizing backend infrastructure, and eliminating fixed indirect costs [2] - Total operating expenses for continuing operations during the current period were approximately HKD 26 million, a decrease of 83% from about HKD 149 million in the comparative period [2] - As a result of these measures, the net loss for continuing operations was approximately HKD 21 million, compared to a net loss of about HKD 119 million in the comparative period, excluding a one-time other income of approximately HKD 128 million from the comparative period [2] Group 3: Discontinued Operations - The company reported a net profit of approximately HKD 22 million from discontinued operations during the current period, compared to a net loss of about HKD 65 million in the comparative period, contributing further to the overall profit for shareholders [2]

Group 1 - The company, Esprit Holdings (00330), has received approval from the listing committee for the new shares to be listed and traded [1] - The capital reorganization will take effect on August 25, 2025, as all conditions for the reorganization have been met [1] - New shares will begin trading at 9:00 AM on August 25, 2025 [1] Group 2 - Following the capital reorganization, the change in the trading board lot size will take effect on September 8, 2025 [1] - The board lot size for shares on the Hong Kong Stock Exchange will change from 2,500 existing shares to 10,000 new shares [1]