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Market quick glance | Three major indices showed mixed results, with the Hang Seng Index up by 0.70%; gold and beverage-related Concept stocks performed well, Chifeng Jilong Gold Mining rose nearly 13%, and Cha Bai Dao increased by almost 11%.
Network Technology stocks are generally rising, MEITUAN-W increased by 4.53%, XIAOMI-W decreased by 2.92%; Golden Industrial Concept stocks are generally rising, Chifeng Jilong Gold Mining increased by 12.86%, LINGBAO GOLD increased by 8.34%; Hong Kong Retail Stocks are rising, CHOW TAI FOOK increased by 5.65%, BONJOUR HOLD decreased by 5.50%.
Hong Kong stocks show unusual movement | AH premium stocks are in demand, NANJING PANDA (00553) rises over 18%, Shanghai Dazhong Public Utilities (01635) rises over 12%.
AH high-premium stocks are favored by funds. As of the time of writing, NANJING PANDA (00553) rose by 18.59%, priced at 3.75 HKD; Shanghai Dazhong Public Utilities (01635) rose by 12.17%, priced at 2.12 HKD.
Dazhong Public Utilities' Q1 Profit Balloons 601%
Volkswagen Public: Report on the first quarter of 2025 of Shanghai Dazhong Utilities (Group) Co., Ltd.
Shanghai Dazhong Public Utilities (Group) Co., Ltd. Report for the first quarter of 2025
In the first quarter, Shanghai Dazhong Public Utilities (01635.HK) reported a net profit of 0.194 billion yuan, an increase of six times.
Shanghai Dazhong Public Utilities (01635.HK) announced its first quarter results for the period ending March this year, with a revenue of 2.078 billion yuan (RMB), a 4.1% year-on-year decline. Net profit was 0.194 billion yuan, a 601.3% year-on-year increase; earnings per share were 0.0657 yuan.