HK Stock Market Move | SHANGHAI FUDAN (01385) opened nearly 3% higher after results; net profit attributable to shareholders for the first three quarters increased 221.08% year on year; the company's product mix continued to optimize.

SHANGHAI FUDAN (01385) opened nearly 3% higher after results; as of press time, it was up 2.93% at HK$23.9, with turnover of HK$262,900. On the news front, on October 28, SHANGHAI FUDAN released its results for the first three quarters of 2026. The group recorded operating revenue of RMB3.564 billion, up 17.84% year on year; net profit attributable to shareholders of the listed company was RMB1.06 billion, up 221.08% year on year; basic earnings per share were RMB1.29. A recent research report by EB SECURITIES pointed out that SHANGHAI FUDAN achieved rapid growth in its first three quarters results, mainly benefiting from a recovery in industry sentiment, growth in downstream demand and continuous product iteration. In the first three quarters, revenue and comprehensive gross margin across all of the company's product lines achieved growth, and the product mix continued to optimize; at the same time, the company strengthened refined inventory management, and inventory write-down losses fell sharply year on year, further unlocking profit elasticity.