China Cinda Asset Management hits near 17-month low as H1 profit drops

China Cinda Asset Management

01/09/2026 06:06

** Shares of China Cinda Asset Management 1359.HK slip 4.3% to HK$0.885, their lowest level since April 9, 2025
** Stock set for the biggest one-day pct fall since August 4 in the second declining session
** China-based financial asset management group, with market capitalisation of $4.45 billion, says its H1 profit attributable down 65.6% y/y to 784.4 million yuan ($116.72 million) and the total income from continuing operations down 28% y/y 
** YTD, stock down 28.5%, benchmark Hang Seng Index .HSI down 1.3%
        
     
     
     
($1 = 6.7203 Chinese yuan renminbi)
     
($1 = 7.8391 Hong Kong dollars)

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))