SINO-OCEAN GP (03377) declined more than 6%, falling 6.25% to HK$0.15 with a trading volume of HK$6.5108 million as of press time.

On the news front, SINO-OCEAN GP has extended the voting deadline for its onshore debt restructuring plan to September 30. On August 18, the company announced its onshore debt restructuring proposal, which adjusts the principal and interest payment arrangements for target bonds and provides multiple settlement options including cash repurchase, equity economic benefit rights, and asset-for-debt arrangements. The restructuring covers 7 corporate bonds and 3 PPN notes with a combined principal amount of 18.05 billion yuan.

Previously, SINO-OCEAN GP announced its 2025 interim results, showing revenue of 6.203 billion yuan, down 53% year-on-year. The company's attributable profit to owners reached 10.202 billion yuan, turning from loss to profit compared to the previous year, with basic earnings per share of 1.171 yuan. The announcement noted that the profit during the period was mainly due to non-cash gains from the completion of the group's offshore debt restructuring.