HK Stock Market Move | Golden Bridge Group Holdings (00623) rose nearly 10% with mid-term net profit expected to increase by up to 8.7 times, benefiting from changes in the fair value of financial assets and other factors.
Jin Qiao Group Holdings (00623) rose nearly 10%. As of the time of writing, it increased by 9.79%, reaching HKD 2.075, with a transaction volume of HKD 1.1019 million.
Golden Bridge Group Holdings (00623) rose nearly 10%, and as of the time of this writing, it is up 9.79%, priced at HKD 2.075, with a transaction volume of HKD 1.1019 million.
In terms of news, on the evening of August 6, Golden Bridge Group Holdings announced that it expects to achieve a consolidated net profit of approximately RMB 290 million to 320 million for the six months ending June 30, 2026, compared to about RMB 33 million for the same period last year, representing an increase of 7.8 to 8.7 times year-on-year. The company stated that the increase in profit is mainly due to changes in the fair value of financial assets recognized in profit and loss for the current period and gains from the sale of financial assets.
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