VIP announces that the Group has been included in the Hang Seng Composite Index, the Hang Seng Hong Kong Stock Connect Consumer Industry Index and the Hang Seng Hong Kong Stock Exchange non-essential Consumer Index, which will take effect on September 4, 2023.
The Hang Seng Index released on August 18 the results of the quarterly review of the benchmark Index (Hong Kong Market) up to June 30, 2023, excluding 27 companies and including 22 eligible companies in the Hang Seng Composite Index, including extraordinary Leader. The Hang Seng Composite Index, established on October 3, 2001, reflects the overall performance of all companies listed on the main board of the HKEx, including foreign companies, and is intended to provide more comprehensive indicators of the Hong Kong market. The Hang Seng Composite Index covers 95% of the total market capitalization of securities listed on the main board of the Hong Kong Stock Exchange. The group has been listed on the main board from gem since June 27, 2023, and has been included in the Hang Seng Index series of constituent stocks this time, marking the affirmation of the company's value and liquidity by the investment community, as well as confidence in the future development prospects of the Group.
The Group recently announced its interim results for 2023, with overall earnings rising 620.9% over the same period last year to about HK $5.44 billion, and profits attributable to shareholders of about HK $130 million. With the slow recovery of the economy in the post-epidemic era, the Group continues to maintain a prudent attitude, advance and retreat in a moderate manner, focus on the global economy and consumer environment, and adjust its international business layout in a timely manner. to achieve the goal of a top international consumer brand operator.