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Hong Kong stock market anomaly | Chabaida (02555) fell nearly 14% at one point, difficult to offset the decline in performance, the company's net profit in the first half of the year plummeted by 60%.
ChaBaiDao (02555) once fell nearly 14%, since its listing on April 23 this year, it fell more than 26% on the first day, and the current market cap has evaporated more than HKD 14 billion compared to its initial high point.
Chatime [02555] is now reporting a price of 6.13 Hong Kong dollars, a decrease of 13.78%.
As of 11:47, Chabaida [02555] reported a price of HKD 6.13, a decrease of HKD 0.98 or 13.78% from the previous closing price of HKD 7.11. The turnover was HKD 3.8757 million. The highest price today was HKD 7.08, and the lowest price was HKD 5.21. Based on the closing price of yesterday, the 10-day average price was HKD 10.76, and the 50-day average price was HKD 0.00. The current PE ratio is 9.63 times, and the 14-day strength index is 33.69.
Smartknot exclusive | "The "entry into service" is about to take effect, and these stocks have already started celebrating! Is Hong Kong Stock Connect really the “heroic savior�?
According to the announcement by Hang Seng Index Company and Hong Kong Stock Exchange on August 16, this time a total of 33 stocks, including Wanwuyun, Maifushi, Chabaida, SF Express, Netease Cloud Music, Sunshine Insurance, Jingtai Technology, Laopu Gold, and Hang Lung Group, will be included in the scope of Hong Kong Stock Connect targets.
Hong Kong stock market volatility | At the end of the trading day, Chabaida (02555) rose more than 5%. The company was included in the Hang Seng Composite Midcap Index and is expected to become a symbol of the Hong Kong Stock Connect.
At the closing, Chatime (02555) surged more than 5%, up 4.86% to 6.9 Hong Kong dollars at the time of publication, with a turnover of 23.962 million Hong Kong dollars.
Sichuan Baicha Baidao Industrial Logs Lower Profit in H1
Chabaida (02555) reported a 59.7% decrease in net income for the first half of the year and will not distribute interim dividends.
Golden Finance News | Chabaida (02555) announced the interim results for the six months ended June 30, 2024. During the period, the company's attributable profit to owners was 23.7 billion yuan, a decrease of 59.7% year-on-year; basic earnings per share were 0.178 yuan, a decrease of 67.58% year-on-year. No interim dividends will be distributed. During the period, the group's revenue was 239.6 billion yuan, a decrease of 9.95% year-on-year. Among them, revenue from sales of goods and equipment was 227.1 billion yuan, a decrease of 10%; revenue from franchise and royalty fees was 98.278 million yuan, an increase of 5.8% year-on-year; other income was 27.035 million yuan, an increase year-on-year.
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