Changes in Hong Kong stocks | Jiayao Holdings (01626) rose more than 8%, and the company expects first-half results to reverse losses and the e-cigarette business to recover

The Zhitong Finance App learned that Jiayao Holdings (01626) rose more than 8%. As of press release, it had risen 8.29% to HK$25.6, with a turnover of HK$8.3982 million.

According to the news, on July 23, Jiayao Holdings issued an announcement. Based on data currently available from the Company's management, the Group expects to obtain net profit after tax between approximately RMB 11 million and RMB 15 million in the six months ending June 30, 2026, while net loss after tax is approximately RMB 22.2 million for the six months ending June 30, 2025.

According to the announcement, Jiayao Holdings expects to turn a loss into profit mainly due to strong growth in the Group's electronic atomization microcontroller and master control chip business for the six months ended June 30, 2026; and the recovery of the e-cigarette business compared with the period ended June 30, 2025.