The Zhitong Finance App learned that Shankao Holdings (00412) rose more than 6% in the afternoon. As of press release, it had risen 5.45% to HK$6, with a turnover of HK$17.3.154 million.
According to the news, Shantaka Holdings recently announced the results for the year ended December 31, 2023. During the period, Shankao Holdings achieved net profit of HK$540 million, an increase of 221.62% over the previous year. By the end of 2023, the company's total assets were HK$72.75 billion, of which industrial assets reached HK$58.6 billion, accounting for nearly 90% of total assets. Shantao Holdings' two major industrial tracks focusing on “new energy+new infrastructure” have basically taken shape.
It is worth noting that on March 4, the Shenzhen Stock Exchange announced that due to the implementation of component stock adjustments in the Hang Seng Composite Large-Cap Index, Mid-Cap Index, and Small-Cap Index, Shankao Holdings and others were transferred to the Hong Kong Stock Exchange securities list under the Shenzhen-Hong Kong Stock Connect in accordance with the relevant provisions of the “Shenzhen Stock Exchange Shenzhen-Hong Kong Stock Connect Business Implementation Measures”. As of April 2, Hong Kong Stock Connect's shareholding ratio was approximately 0.13%.