Core Viewpoint - China Intelligent Transportation (1900.HK) experienced a significant stock price surge, reaching a high of 0.38 HKD, marking a 90% increase before settling at a 50% rise to 0.3 HKD, the highest level since February 2018 [1] Financial Performance - The company anticipates a mid-year profit attributable to shareholders of 361 million HKD, a turnaround from a loss of 38.4 million HKD in the same period last year [1] - The primary reason for the profit shift is the realization of control over Hengtong Kaiyuan Information Technology on January 1, resulting in a fair value gain of approximately 350 million HKD at the acquisition date [1] - Additionally, the company reported a smaller loss from changes in the fair value of financial assets during the mid-year period due to market fluctuations [1]
中国智能交通(1900.HK)一度飙升90%，中期亏转盈