Hong Kong Stock Earnings Highlights: China Tower's First-Half Net Profit Surges 30.1% to 7.489 Billion Yuan; Tencent Music's Q2 Adjusted Net Profit Rises 4.4%

Earnings Results

China Tower Corp Ltd (00788) released its 2026 interim results, reporting a net profit attributable to shareholders of 7.489 billion yuan, a year-on-year increase of 30.1%.

Tencent Music Entertainment Group (01698) recorded a second-quarter net profit attributable to equity holders of the company of 2.69 billion yuan under non-International Financial Reporting Standards, rising 4.4% from the same period last year.

Tingyi (Cayman Islands) Holding Corp (00322) posted interim results with a profit attributable to shareholders of 2.433 billion yuan, up 7.1% year-on-year.

China Literature Ltd (00772) reported interim results with revenue of 3.531 billion yuan, an increase of 10.68% year-on-year. Revenue from its IP operations business grew by 41.9% year-on-year.

HK Electric Investments and HK Electric Investments Ltd (02638) announced interim results, with a profit attributable to holders of stapled units of 1.003 billion Hong Kong dollars, a 0.2% increase year-on-year.

MMG Ltd (01208) reported a 164% surge in interim profit attributable to equity holders to 897 million US dollars.

China Everbright Water Ltd (01857) released its 2026 interim results, with a profit attributable to shareholders of 518 million Hong Kong dollars, down 8% year-on-year.

Impro Precision Industries Ltd (01286) disclosed its 2026 interim results, with a profit attributable to shareholders of 421 million Hong Kong dollars, a 21.6% increase year-on-year.

Kingdee International Software Group Co Ltd (00268) continued to lead the market in the first half, with a profit attributable to equity holders of approximately 54.497 million yuan, turning around from a loss in the same period last year.

Easy One Financial Group Ltd (01733) issued a profit alert, expecting a first-half net profit of over 240 million Hong Kong dollars, representing a year-on-year increase of more than 80%.

Jinchuan Group International Resources Co Ltd (02362) issued a profit alert, anticipating a consolidated profit attributable to shareholders of between 30 million and 50 million US dollars for the first half.

AsiaInfo Technologies Ltd (01675) is accelerating the deep integration of AI capabilities with industry scenarios, achieving an operating revenue of approximately 2.198 billion yuan for the first half.

Key Developments

PATEO CONNECT+ (02889) secured a project award from a leading domestic new energy vehicle maker.

Zhongji Innolight (03308) plans to invest 24.75 million yuan as a participant in the Ganrong Sheng Run Fund.

Jin Xin Energy (01783) intends to raise approximately 1.1 billion Hong Kong dollars. MiniMax will make a strategic subscription, increasing investment in AI computing infrastructure.

CSPC Pharmaceutical Group Ltd (01093) announced that the Phase I clinical trial for SYS 6063, intended for the treatment of relapsed and refractory systemic lupus erythematosus, has been officially initiated at the first site in China.