According to the Futu News app, on August 16th, Hang Seng Indexes Company released the latest quarterly review results, in which Alli Intl Ed Leasing (01563) was removed from the Hang Seng Composite SmallCap Index. The change will be implemented after the market closes on Friday, September 6th, 2024 and will take effect on Monday, September 9th, 2024. CICC Research Report pointed out that Alli Intl Ed Leasing may be removed from the Hong Kong stock market due to the decline in market value, insufficient liquidity, or violation of relevant regulations.

In the secondary market, Alli Intl Ed Leasing has been shaken and declined since May 22nd, and has continued to consolidate at the bottom since July. The stock price has fallen by nearly 46% from May 22nd to now, and closed at HKD 0.42 as of now.

In June, Alli Intl Ed Leasing announced that it expects to achieve a comprehensive net profit of approximately RMB 1.52 billion to RMB 2.12 billion for the 15 months ending March 31, 2024, compared to a net profit of approximately RMB 3.72 billion for the fiscal year ending December 31, 2022, representing a decline of approximately 43% to 59%. This is mainly because there is no one-time gain of approximately RMB 0.27 billion generated from the acquisition of 70% equity of Nanshan College during the year.

However, if we exclude the impact of the one-time gain in fiscal year 2022 and any related tax effects, the company's expected net income for 2022 is about RMB 102 million. Compared with the net income of this reporting period, the net income of this reporting period is expected to increase by about 49% to 108%.