Sun Hung Kai Properties' stock soared 5.50% intraday, marking a significant upward movement.
The surge came after the Hong Kong-based property developer reported a 16.7% year-over-year increase in underlying profit attributable to shareholders for the six months ended December 31, 2025. Additionally, the company declared an interim dividend of HK$0.98 per share, representing a 3% increase compared to the previous year.
These positive financial results, including both profit growth and a higher dividend payout, have driven investor optimism and contributed to the stock's strong performance during the trading session.