HK Stock Market Move | SHENZHEN INT'L (00152) fell over 12%, expecting a mid-term loss of up to HKD 240 million, affected by changes in the fair value of investment properties.

SHENZHEN INT'L (00152) has fallen over 12%. As of the time of writing, it is down 12.35%, trading at HKD 4.97, with a transaction value of HKD 63.1693 million. In terms of news, SHENZHEN INT'L announced that it expects to record a loss attributable to shareholders of approximately HKD 190 million to HKD 240 million for the six months ending June 30, 2026, compared to a profit of approximately HKD 490 million during the same period last year, marking a shift from profit to loss year-on-year. The loss is primarily due to the fair value changes of certain investment properties, a loss recorded by an associate company in which it holds a 50% stake, and the lack of revenue from land preparation and development profits and asset-related contributions to the fund during the period. The announcement emphasized that these factors are expected to have no impact on operational cash flow, and the overall financial condition and business status remain healthy.