China Dongxiang sinks to 14-month low on annual loss forecast
10/06/2026 05:56
BUZZ-China Dongxiang sinks to 14-month low on annual loss forecast ** Shares of China Dongxiang (Group) 3818.HK drop 13.5% to HK$0.32, the lowest point and set for biggest one-day pct fall since April 2025
** Stock falls for a fourth straight session
** Chinese sports clothing, footwear distributor expects to record net loss of up to 180 mln yuan ($26.57 mln) for fiscal year ended in March, compared with a net profit of 207 mln yuan in the previous year
** YTD, stock down 25%, benchmark Hang Seng Index .HSI down 5.2%
($1 = 6.7742 Chinese yuan)
(Reporting by Donny Kwok)
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