Core Insights - The company, Jiedi Group (08313), reported a revenue of 1.39 million Singapore dollars for the first half of 2025, representing a year-on-year decrease of 20.8% [1] - The net loss for the period was 726,000 Singapore dollars, which is an improvement of 48.84% compared to the previous year, with a loss per share of 0.04 Singapore cents [1] Financial Performance - The improvement in net loss is attributed to a fair value gain of approximately 670,000 Singapore dollars from financial derivatives, which is a positive change of 960,000 Singapore dollars compared to a loss of 290,000 Singapore dollars in the prior period [1] - Other contributing factors to the reduced net loss include a decrease in employee costs by approximately 230,000 Singapore dollars and a reduction in income tax expenses by about 150,000 Singapore dollars [1]

Group 1: Financial Performance - The company reported total revenue of HKD 27.36 billion for the six months ending June 30, 2025, representing a year-on-year decrease of 6.5% [1] - Shareholders' profit attributable to the company was HKD 7.709 billion, showing a year-on-year increase of 27.5% [1] - Earnings per share were HKD 1.24, with an interim ordinary dividend declared at HKD 0.42 per share [1] Group 2: Hong Kong Operations - The increase in passenger volume for transit and high-speed rail services contributed to stable revenue growth in Hong Kong operations [2] - The heavy rail network maintained a world-class punctuality level of 99.9% for scheduled train services [2] - Profit from property development in Hong Kong was HKD 5.5 billion, primarily from projects at Ho Man Tin Station and the South Island Line [2] - A project agreement has been signed with the government for the first section of the Northern Link [2] Group 3: Mainland China and International Operations - The company continues to advance construction on the Sydney Metro M1 Northwest and Bankstown Line Southwest, as well as other sections of Shenzhen Metro Line 13 and the mid-section of Beijing Metro Line 17 [3] - The operational rights for the UK Elizabeth Line and South Western Railway will be transferred to the next operator by May 2025 [3] - The company is developing station businesses in Chengdu, Zhengzhou, and Xi'an [3]

Core Viewpoint - Hysan Development (00014) reported a slight increase in revenue and recurring profit for the six months ending June 30, 2025, despite a significant drop in profit attributable to shareholders [1] Financial Performance - Revenue reached HKD 1.73 billion, representing a year-on-year increase of 2.19% [1] - Recurring basic profit was HKD 1.031 billion, up 1.2% year-on-year [1] - Profit attributable to shareholders was HKD 75 million, a decrease of 82.44% year-on-year [1] Dividend Announcement - The company proposed a first interim dividend of HKD 0.27 per share [1] Operational Highlights - Revenue growth was attributed to portfolio optimization and improved sales performance [1] - Office rental occupancy rate increased from 90% to 92%, helping to mitigate the impact of rental reductions [1] - Strong expansion in Shanghai and recovery in rental rates at Zhulin Garden contributed to overall revenue and profit growth during the period [1]

智通财经APP讯，讯智海(08051)发布截至2025年6月30日止6个月中期业绩，集团收入2.19亿港元，同比 增长47.03%;股东应占溢利429.8万港元，同比增长92.65%;每股盈利16.51港仙。 ...

Core Viewpoint - Lian Da Technology Holdings (00889) reported a decline in revenue for the first half of 2025, with a significant reduction in net loss compared to the previous year [1] Financial Performance - Revenue for the first half of 2025 was HKD 86.314 million, representing a decrease of approximately 11% compared to the same period in 2024 [1] - The net loss narrowed to HKD 6.017 million, which is a year-on-year improvement of about 60% [1] - Earnings per share were reported at a loss of HKD 0.019 [1]

集团截至2025年6月30日止6个月的未经审核溢利为30.42亿港元(2024年：30.06亿港元)，较去年同期上 升 1%，印证了电能实业在全球市场持续波动的情况下，仍然保持稳健财务状况。凭藉坚实的财务基础 和优质资产，集团已做好充分准备，推动未来的持续增长。 集团的优质能源业务组合在有助于业务运作的监管框架或长期承购协议的保障下营运，继续带来稳定回 报。 智通财经APP讯，电能实业(00006)发布截至2025年6月30日止6个月的中期业绩，该集团取得收入3.52亿 港元，同比减少22.47%;公司股东应占溢利30.42亿港元，同比增加1.2%;每股溢利1.43港元，拟派发中期 股息每股0.78港元。 ...

Group 1: Company Performance Highlights - Tencent Music reported a total revenue of 8.44 billion yuan for Q2 2025, a year-on-year increase of 17.9%, with adjusted net profit rising by 33.0% to 2.64 billion yuan [2] - Tencent Music's online music service revenue grew by 26.4% to 6.85 billion yuan, driven by deepened collaborations with global record companies and innovative content creation [2] -阅文集团 achieved a revenue of 3.19 billion yuan in H1 2025, with a net profit of 850 million yuan, reflecting a significant year-on-year growth of 68.5% [3] -阅文集团's online business revenue increased by 2.3% to 1.99 billion yuan, while its IP operation business showed strong performance in film and animation adaptations [3] -五矿资源 reported a net profit of 566 million USD for the first half of 2025, marking over 600% growth compared to the same period in 2024, driven by increased copper production and rising market prices [4] Group 2: Market Reactions - Following the earnings announcements, Tencent Music's stock surged to a new high of 104 HKD, with a maximum increase of over 17% [2] -阅文集团's stock experienced a significant rise, with a maximum increase of over 19% after its earnings report [3] -五矿资源's stock also saw a notable increase, reaching a peak price of 4.8 HKD, with a rise of nearly 14% [4] - In contrast, 361 Degrees faced a decline in stock price, with a maximum drop of over 12% despite reporting a revenue of 5.705 billion yuan, a year-on-year increase of 11% [5] Group 3: Market Outlook - The Hong Kong stock market is currently in a mid-term earnings reporting phase, with significant price fluctuations observed post-earnings announcements [1] - Analysts suggest that the current pricing in the Hong Kong market reflects economic trends without overly optimistic expectations, indicating a favorable configuration for mid-term investments [6] - Despite potential impacts from tariff policies, recent easing of trade tensions has improved market sentiment, with expectations of resilient corporate earnings [6] - The outlook for the Hong Kong market in Q3 is anticipated to be upward trending, with potential for earnings upgrades in Q4 due to domestic growth policies and advancements in the AI sector [6]

Core Viewpoint - Fudan Zhangjiang (01349) experienced a nearly 3% decline in stock price following the announcement of its mid-year results for 2025, reflecting a negative market reaction to its financial performance [1] Financial Performance - The company reported revenue of approximately 390 million yuan, representing a year-on-year decrease of 4.42% [1] - Shareholder profit attributable to the company was 5.715 million yuan, a significant year-on-year decline of 91.89% [1] - Earnings per share were recorded at 0.0055 yuan [1] Reasons for Profit Decline - The decline in profit was primarily attributed to an increase in research and development expenses compared to the same period last year [1] - The previous year's results included compensation and penalties from the termination of a partnership with Huizheng (Shanghai) Pharmaceutical Technology Co., Ltd., which contributed to the higher profit figures in that period [1]

Group 1 - The company reported a revenue of $2.305 billion for the six months ending June 30, 2025, representing a year-on-year increase of 11.53% [1] - Profit attributable to the company's owners was $31.511 million, showing a year-on-year decrease of 3.11% [1] - Basic earnings per share were $0.0044 [1] Group 2 - Revenue from the smartphone terminal market decreased by 12.1% [1] - Revenue from the cloud network infrastructure terminal market increased by 35.7% [1] - Revenue from the computer and consumer electronics terminal market increased by 14.3% [1] - Revenue from the electric vehicle terminal market increased by 102.3% [1] - Revenue from the system terminal products market decreased by 12.4% [1]

Core Viewpoint - The company reported a mixed performance for the half-year ending June 30, 2025, with a slight increase in net profit but a significant decline in revenue and operating profit across various segments [1]. Financial Performance Summary - The group's underlying net profit increased by 3% to HKD 2.035 billion, primarily due to reduced interest expenses and taxes [1]. - Total revenue decreased by 19% to HKD 5.669 billion, down from HKD 7.032 billion in 2024 [1]. - Operating profit fell by 14% to HKD 2.657 billion, compared to HKD 3.085 billion in 2024 [1]. Segment Performance Summary - Investment property revenue decreased by 4% to HKD 2.281 billion, with operating profit down 6% to HKD 1.484 billion, attributed to soft rental rates for malls and offices [1]. - Development property revenue plummeted by 64% to HKD 739 million, with operating profit down 82% to HKD 71 million, with only one sale recognized during the period [1]. - Hotel revenue increased by 7% to HKD 312 million, but the segment recorded an operating loss of HKD 11 million, primarily due to the early operational phase of new hotels in Changsha [1]. - Logistics revenue slightly rose to HKD 1.076 billion, with operating profit up 11% to HKD 137 million, driven by increased throughput in mainland China [2]. - Investment operating profit decreased by 2% to HKD 1 billion, due to reduced dividend income [3].