Hong Kong Stocks Lower as Markets Review Earnings; Mixue, ANTA Report H1 Earnings Ahead of Forecasts

Published on 08/27/2025 at 04:55 am EDT
(MT Newswires) -- Hong Kong stocks fell Wednesday as investors reviewed the latest batch of earnings, including from major property developers China Resources Land and Sunac China .
The Hang Seng Index fell 323.16 points, or 1.27%, to 25,201.76, while the Hang Seng China Enterprises Index dropped 128.40 points, or 1.40%, to 9,020.26.
China Resources reported a 16% rise in its profit for the first half, while Sunac China said its loss narrowed during the period in a possible sign of recovery in China's property market.
Meanwhile, lived-in home prices in Hong Kong reached a seven-month high after an official index of secondary home prices reached 387.9 in July, a gain of 0.42% month on month.
In corporate news, Mixuereported first half earnings that beat estimates. The fresh juice seller posted 7.23 yuan in earnings per share on revenue of 14.87 billion yuan, ahead of the Visible Alpha estimate of 6.31 yuan on sales of 14.7 billion yuan. Shares fell 5%.
Chinese sportswear company ANTA Sports Products also reported earnings ahead of expectations. The company's first half EPS of 2.53 yuan was ahead of the Visible Alpha forecast of 2.23 yuan, while revenue of 38.54 billion yuan beat expectations of 38 billion yuan.
Shares fell 1.7%.

Sumber : MT Newswires