Changes in Hong Kong stocks | H&H International Holdings (01112) rose more than 3%, Moody's raised the company's rating outlook to “positive” and expected that new product development will support profit growth

The Zhitong Finance App learned that H&H International Holdings (01112) rose more than 3%. As of press release, it had risen 3.4% to HK$17.95, with a turnover of HK$42.6779 million.

According to the news, recently, Moody's released a research report stating that it will upgrade the H&H International Holdings rating outlook from “stable” to “positive.” Moody's believes that in the first half of 2026, H&H International Holdings achieved a 24% year-on-year increase in revenue, mainly due to strong performance in all major business segments. Among them, infant formula sales increased 57% during the period, mainly due to the launch of new products and increased market share.

Moody's expects H&H International Holdings to continue to maintain its strong market position and actively develop new products and channels, which will support further profit growth over the next 12 to 18 months. Relying on an asset-light business model, the company's steady operation will help maintain positive free cash flow and continue to promote active debt reduction.