Changes in Hong Kong stocks | Wutong International (00613) rose more than 11%, and the company updated Yingxi data. The comprehensive profit attributable to shareholders in the medium term is expected to soar sharply by about 600% year over year

The Zhitong Finance App learned that Wutong International (00613) rose by more than 11%. As of press release, it had risen 11.7% to HK$4.87, with a turnover of HK$7.6967 million.

According to the news, on July 24, Wutong International announced that it is expected that the Group will obtain an unaudited comprehensive profit of about HK$760 million for the six months ending June 30, 2026, and about HK$108 million for the six months ending June 30, 2025, a sharp increase of about 600%, and the Group's net consolidated asset value at the end of the reporting period will soar by more than 130% to over HK$4.8 billion.

According to the announcement, the incremental increase of HK$160 million raised the expected accrued profit for the reporting period from the previous estimate of about HK$600 million as stated in the announcement to about HK$760 million. The increase in profit is mainly due to the recent receipt of additional financial information from invested companies held by the Group as financial assets recorded as profit and loss at fair values, which confirmed unrealized fair value earnings from such invested companies of approximately HK$160 million. The financial data of these invested companies reflect a significant increase in the fair value of their net asset values during the reporting period. All other earnings drivers previously disclosed in the announcement remain unchanged.