HK Stock Market Move | CHINA LILANG (01234) once fell nearly 13%, with net profit for the first half of the year decreasing by 11.2% year-on-year. A total of 14 Hong Kong cents was declared as an interim dividend and special dividend.

CHINA LILANG (01234) experienced a sharp decline in its share price in the afternoon, once dropping nearly 13%. As of the time of this report, it had fallen by 10.32%, trading at HKD 3.04, with a transaction volume of HKD 5.1057 million. In terms of news, CHINA LILANG released its interim results for 2026 at noon, reporting revenue of RMB 2.065 billion in the first half of the year, an increase of 19.5% year-on-year; profit attributable to equity shareholders for the period was RMB 215 million, a decrease of 11.2% compared to the previous year; basic earnings per share were 18 cents. The company proposed an interim dividend of HKD 0.10 per share and a special interim dividend of HKD 0.04 per share, down 12.5% from a total of HKD 0.16 declared in the same period last year. Looking at specific business performance, revenue from the main series reached RMB 1.342 billion, reflecting a year-on-year increase of 12.7%. This growth was primarily attributed to the improved operational efficiency from the transition to a DTC model. Additionally, the Spring Festival falling later this year extended the sales peak season compared to previous years, benefiting sales performance during year-end promotional events. Revenue from the light business and other series was RMB 723 million, growing 34.7% year-on-year, with the increase mainly driven by the strong momentum of light business in-store sales and new retail initiatives.