China Innovation Investment (01217) announced interim results. Shareholders' losses of HK$61,538 million were converted from profit to loss year-on-year

According to the Zhitong Finance App, China Innovation Investment (01217) announced interim results for the six months ended June 30, 2026. The group achieved a turnover of HK$775 million, an increase of 13.43% over the previous year; losses attributable to the Company's owners during the period were HK$61,538 million, making a profit of HK$23.72 million in the same period last year; a basic loss of HK$0.481 per share.

According to the announcement, profit turned into loss due to the combined effects of fluctuations in the Hong Kong stock market, worsening market sentiment, and reversal in the performance of listed securities in the Hong Kong Internet and IT industry in the six months ended June 30, 2026, resulting in net realized and unrealized losses on investments calculated at fair value. In the first half of 2026, the Hang Seng Internet Technology Index fell by about 30%.