Core Viewpoint - Tianan Holdings (00028) has experienced a significant stock price increase of over 6% following the announcement of a positive earnings forecast for the first half of 2025, projecting a substantial rise in profit attributable to shareholders [1] Financial Performance - The company anticipates a profit attributable to shareholders of approximately HKD 2.2 billion to HKD 2.4 billion for the first half of 2025, a notable increase from around HKD 78 million in the same period of 2024 [1] - The expected profit growth is primarily driven by an increase in gross profit, attributed to revenue recognition from the delivery of residential units in the Tianan No. 1 Phase II (C District) project in Shanghai, scheduled for early 2025 [1] Market Reaction - Following the earnings forecast announcement, Tianan's stock price rose by 6.69%, reaching HKD 5.1, with a trading volume of HKD 5.9393 million [1]

Core Viewpoint - Tai Hing Group expects its profit attributable to shareholders for the first half of 2025 to be between HKD 40 million and HKD 45 million, significantly higher than HKD 10.719 million in the same period of 2024 [1] Group Performance - The group is enhancing customer experience and increasing revenue through the opening of new stores, renovating existing ones (adding a new brand, net increase of 6 stores, and renovating 7 stores) [1] - The company is adopting a cautious approach to new store locations, negotiating favorable terms with landlords and suppliers, streamlining operational processes, and optimizing corporate structure to improve production and operational efficiency [1] Cost Management - The proportion of labor costs and rental expenses relative to revenue has decreased, contributing to profit growth [1]

Core Insights - The tariff measures implemented by U.S. President Donald Trump are significantly boosting international stock markets while potentially ending the dominance of the S&P 500 index globally, at least for the time being [1] - International stock markets are expected to outperform the U.S. stock market benchmark for the first time since 2022, and this is also the first occurrence in a bull market environment since 2009 [1] - Concerns regarding the impact of tariffs and trade uncertainties on U.S. corporate profit growth are the primary reasons for this shift [1] Performance Comparison - The MSCI All Country World Index (excluding the U.S.) has significantly outperformed the S&P 500 index, rising by 18% so far in 2025, while the S&P 500 index has only increased by 7.8% [1]

温岭工量刃具(01379)发布公告，集团预期截至2025年6月30日止六个月将取得纯利不少于约人民币700 万元，而截至2024年6月30日止六个月则约为人民币330万元。有关该期间纯利的增加乃主要由于可资比 较市场租金及土地使用权期限轻微减少导致投资物业估值亏损减少所致。 ...

Core Viewpoint - Angelalign (6699.HK) experienced a significant stock price increase of nearly 25%, reaching HKD 71.4, marking a new high since March 20, with a trading volume of HKD 750 million. The company announced a positive earnings forecast, expecting a mid-term net profit of approximately USD 13.4 million to USD 14.8 million, representing a year-on-year increase of about 5.38 to 6.05 times [1]. Group 1 - The expected profit increase is primarily attributed to strategic price adjustments in response to intense competition within the core Chinese business [1]. - Revenue from outside China continues to grow, contributing positively to the overall financial performance [1]. - Delays in the establishment of production facilities outside China have resulted in lower investment and operating expenses for the first half of the year [1]. - The low comparative base of net profit from the previous year also supports the anticipated profit growth [1].

Core Viewpoint - ZeLi Holdings (02209) has issued a positive profit forecast, expecting a net profit of approximately $14.075 million in the first half of 2025, representing a year-on-year increase of 26.7% due to increased revenue and gross profit [1] Financial Performance - The unaudited consolidated revenue for the reporting period is expected to be around $244 million, an increase of approximately 49.3% compared to the previous period, driven by sales growth in beauty products from YesStyle and AsianBeautyWholesale [1] - The growth in sales is attributed to enhanced marketing efforts by YesStyle to promote beauty products and the expansion of AsianBeautyWholesale to serve more B2B customers through both online and offline channels [1] Strategic Initiatives - To support the rapid growth of the B2B segment, the company has established an ABW office in South Korea with a sales team of over 15 people and set up a B2B warehouse covering approximately 147,000 square feet [1] - The company has also strengthened its marketing teams in Hong Kong and Berlin to enhance B2C marketing efforts and expanded its B2B sales team in Hong Kong to grow its talent pool [1]

公告称，(1)利润增加乃主要由于以下各项的综合影响：(i)集团的门店网络持续扩张导致收入较截至 2024年6月30日止六个月的约18.60亿元增加约3.91亿元至4.65亿元;(ii)经营效率的持续提升导致门店层面 盈利能力提高;及(iii)部分被截至2025年6月30日止六个月产生的上市开支(约1500万元至2000万元)所抵 销;及 (2)经调整净利润增加乃主要由于以下各项的综合影响：(i)集团的门店网络持续扩张导致上述收入增加; 及(ii)经营效率的持续提升导致门店层面盈利能力提高。 绿茶集团(06831)发布公告，预期集团将取得(i)截至2025年6月30日止六个月的利润约2.30亿元(人民币， 下同)至2.37亿元，而截至2024年6月30日止六个月则约为1.74亿元，增加约32%至36%;及(ii)截至2025年6 月30日止六个月的经调整净利润约2.47亿元至2.54亿元，而截至2024年6月30日止六个月则约为1.79亿 元，增加约38%至42%。 ...

通达集团(00698)高开逾14%，截至发稿，涨14.29%，报0.128港元，成交额49.79万港元。 消息面上，通达集团发盈喜，预期集团于截至2025年6月30日止6个月将取得公司拥有人应占未经审核溢 利约6000万港元至6500万港元之间，同比增加约367.2%至406.2%。主要由于提早偿还大部分长期银行 贷款后，财务费用及银行收费大幅减少；出售精密零部件业务后，研发成本大幅下降；及2024年进行的 固定资产减值令期内的折旧开支大幅减少。 ...

圣贝拉(02508)公布，该集团预期于2025年上半年取得收入不低于人民币4.48亿元，同比增长将不低于 25%;该集团受托管理的月子中心收入将不低于人民币7200万元(并不构成集团收入)，较2024年同期增长 将不低于156%;及报告期的集团收入及集团受託管理的月子中心收入合计将不低于人民币5.2亿元，较 2024年同期增长将不低于35%。该集团首次实现财务报表层面整体盈利，预期报告期的净利润将不低于 人民币3.2亿元，而2024年同期取得净亏损人民币4.8亿元。 此外，预期报告期的经调整净利润(不考虑向投资者发行的金融工具公允价值变动、以股份为基础的付 款开支及上市开支影响)将不低于人民币3800万元，较2024年同期增长将不低于122%。 ...

Group 1 - The company expects to achieve revenue of no less than RMB 448 million in the first half of 2025, representing a year-on-year growth of no less than 25% [1] - The revenue from the entrusted management of maternity centers is expected to be no less than RMB 72 million, which is an increase of no less than 156% compared to the same period in 2024 [1] - The total revenue, including both the company's revenue and the entrusted management of maternity centers, is projected to be no less than RMB 520 million, reflecting a year-on-year growth of no less than 35% compared to 2024 [1] Group 2 - The company anticipates achieving overall profitability at the financial statement level for the first time, with a projected net profit of no less than RMB 320 million, compared to a net loss of RMB 480 million in 2024 [1] - The adjusted net profit, excluding the impact of fair value changes of financial instruments issued to investors, share-based payment expenses, and listing expenses, is expected to be no less than RMB 38 million, representing a year-on-year increase of no less than 122% compared to 2024 [1]