CHINA MERCHANTS (00133) announced its annual results for the period ending December 31, 2025. The company reported a net profit of approximately $190 million, representing a year-on-year increase of 57.82%. Basic earnings per share were $1.247. The board proposed a final dividend of 5 cents per share and a special dividend of 20 cents per share.

The significant growth in profit attributable to shareholders was primarily driven by a substantial increase in the overall appreciation of financial assets measured at fair value through profit or loss. This was notably influenced by the value appreciation resulting from the listing of Insta360 Innovate Inc.