HK Stock Market Move | SHENZHOU INTL (02313) fell over 6%, with multiple pressures causing its net profit in the first half of the year to drop by 40% year-on-year, and the interim dividend decreased by 36%.

SHENZHOU INTL (02313) fell over 6%. As of the time of publication, it dropped 6.27% to HKD 38.56, with a transaction volume of HKD 249 million. In terms of news, SHENZHOU INTL announced its interim results for the first half of 2026, with sales reaching approximately 14.179 billion yuan, a year-on-year decline of about 5.3%; gross profit of approximately 3.197 billion yuan, a year-on-year drop of about 21.2%; net profit attributable to shareholders of the parent company was approximately 1.905 billion yuan, a year-on-year decline of about 40%; basic earnings per share were 1.27 yuan, with an interim dividend of HKD 0.88 per share, a decrease of 36.2% year-on-year. The significant decline in profits in the first half of the year was mainly due to the substantial appreciation of the renminbi against the U.S. dollar, which had a negative impact on the gross profit margin during the period and resulted in accounting losses due to the revaluation of net assets in U.S. dollars; conservative terminal stock demand, with brand clients placing orders more cautiously and fluctuations in order demand from some clients increasing; as well as rising raw material and labor costs.