Xinchuang Group (00659) surged 19% yesterday and rose more than 5% this afternoon. As of press release, it had risen 4.33% to HK$9.15, with a turnover of HK$346.66 million.
The Zhitong Finance App learned that Xinchuang Group (00659) surged 19% yesterday and rose more than 5% this afternoon. As of press release, it had risen 4.33% to HK$9.15, with a turnover of HK$346.66 million.
According to the news, Xinchuang Group announced results. Overall profit attributable to operating profit increased 19% to HK$2,134 billion in the medium term, and profit attributable to shareholders increased 18% to HK$1,08.8 billion. The interim ordinary dividend was HK$0.30 per share, and the Board announced a one-time special dividend of HK$1.79 per share.
According to reports, after the restructuring, it was newly established as a subsidiary of Chow Tai ?$#@$ Corporation. Co-CEO Zheng Zhiming explained that after the restructuring of the group, public shareholding was only 22.2%, and the special interest payment was mainly to increase equity liquidity. At the same time, he said that all of the Group's business segments are eligible for spin-off, but depending on actual market conditions, considering that the current market situation is not optimal, he will not rush to split.