Hong Kong Stock Market Highlights: STAR SHINE HLDG (01440) Surges Over 4% After Turning Profitable in H1, Poised for Stock Connect Inclusion Next Week

Stock News
Yesterday

Shares of STAR SHINE HLDG (01440) climbed more than 4% in Hong Kong trading on Tuesday, with the stock last up 2.54% at HK$12.93, recording a turnover of HK$13.6 million.

The company recently released its interim results for the six months ended June 30, 2026, posting revenue of RMB 163 million. Profit attributable to owners of the company stood at RMB 24.249 million, compared with a loss of RMB 22.511 million in the same period last year. Earnings per share reached RMB 1.92 cents.

According to the announcement, the group's net profit of approximately RMB 24.2 million during the interim period was driven by strong contributions from its IP merchandise segment, which generated around RMB 11 million in profit, alongside fair value gains of approximately RMB 27.3 million from strategic investments. This marked a turnaround from the net loss of roughly RMB 22.5 million reported for the six months ended June 30, 2025.

Earlier, Hang Seng Indexes Company announced the results of its semi-annual index review, revealing that STAR SHINE HLDG has been added to the Hang Seng Composite Index. The adjustment will take effect after market close on September 4, with implementation on September 7. Following this, the Shanghai and Shenzhen stock exchanges will correspondingly update the eligible list of targets for Stock Connect trading.

The company is likely to be included in the Stock Connect scheme, as it meets a series of criteria including market capitalization and liquidity requirements.

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