HK Stock Market Move | YUEXIU SERVICES (06626) surged over 9% after earnings as the proportion of mid-term property management income approached 60%, significantly enhancing the company's ability to withstand economic cycles.

YUEXIU SERVICES (06626) surged over 9% after its performance release, and as of the time of writing, it is up 9.27%, trading at HK$1.945, with a transaction volume of HK$4.1387 million. In news, on August 24, YUEXIU SERVICES announced its mid-term results for 2026, delivering a report of "steady progress with improved quality and efficiency" amid an overall industry slowdown and increasing differentiation. During the reporting period, the company achieved operating income of 1.915 billion yuan, maintaining a strong growth trend; profit attributable to shareholders was 224 million yuan; the company proposed a mid-term dividend of 0.089 yuan per share, a year-on-year increase of 12.1%, with a dividend payout ratio rising to 60%. During the reporting period, the company's revenue structure continued to optimize, significantly enhancing its anti-cyclical capabilities. Basic property management revenue grew by 17.3% to 840 million yuan, expanding its share of total revenue to 44%; combined basic property management and commercial operations and management amounted to 1.131 billion yuan, a year-on-year increase of 10.1%, raising its share of total revenue to 59%; the overall gross profit margin remained stable at 21.5%. The revenue from the core property management business now accounts for nearly 60%, further enhancing revenue stability and sustainability, with an overall robust growth in annual revenue indicators.