Hong Kong Stock Market Alert | LIULIUMEI (06658) Surges Over 6% as Interim Profit Climbs 30%+ and Stock Eyed for Stock Connect Inclusion

Stock News
08/27

LIULIUMEI (06658) saw its shares rally more than 6% in early trading, last up 5.11% at HK$148.10 with turnover reaching HK$14.61 million.

According to recent disclosures, the company released its 2026 interim results, reporting revenue of RMB 1.061 billion, a year-on-year increase of 10.63%. Profit attributable to owners of the company surged 33.46% to RMB 141 million, with earnings per share at RMB 2.06. The group's profit for the period rose by 33.5% to approximately RMB 140.9 million for the six months ended June 30, 2026, compared to roughly RMB 105.6 million in the same period last year. This growth was primarily driven by improved gross margins and expanded revenue, coupled with disciplined administrative expense controls that achieved a year-on-year reduction. These combined positive factors contributed to a significant boost in overall profitability.

Notably, Hang Seng Indexes Company recently announced the results of its quarterly index review as of June 30, 2026, with LIULIUMEI being added to the Hang Seng Composite Index. The index changes are scheduled to take effect after market close on Friday, September 4, and will become effective on Monday, September 7. Following this adjustment, both the Shanghai and Shenzhen stock exchanges will accordingly update the list of eligible stocks for the Stock Connect scheme. LIULIUMEI is now positioned as a potential candidate for inclusion in the Stock Connect program, as it meets a series of criteria including market capitalization and liquidity thresholds.

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