According to the Zhongtong Finance APP, China International (00585) announced its mid-term performance for 2024 with a total revenue of 26.637 million Hong Kong dollars, a year-on-year decrease of 19.03%; the loss attributable to owners of the company was 11.459 million Hong Kong dollars, while in the same period of 2023, profit attributable to owners was 4.064 million Hong Kong dollars; loss per share was 1.38 Hong Kong cents.

The announcement stated that the main reasons for the profit-to-loss transition (including) were: a decrease in revenue of approximately 30% and 46% for the securities brokerage and asset management division and the financing division, respectively; and the total loss provision for receivable margin loans and receivable loans increased threefold from the previous period. These factors have been partially offset by the unrealized losses generated by the fair value changes of the listed equity investments held for trading and the realized net profit from the sale of equity investments already realized, resulting in a net decrease in losses of approximately 6 million Hong Kong dollars for the review period.