China's MIXUE drops most in 16 months as H1 profit falls
BUZZ-China's MIXUE drops most in 16 months as H1 profit falls ** Shares of China's MIXUE Group 2097.HK drop 12.5% to HK$217.6, on track for the biggest one-day pct fall since April 7, 2025
** Stock touches the lowest point since August 19
** Fresh drinks firm says its H1 profit fell 14.7% y/y to 2.32 billion yuan ($345.19 million), while revenue grew 2.3% y/y 15.22 billion yuan, with gross margin narrowing to 30.4% from 31.6% a year ago
** Company, with current market capitalisation of $11.20 billion, proposes distribution of a special dividend of 2.65 yuan per share
** YTD, stock down 43.5%, benchmark Hang Seng Index .HSI down 0.3%
($1 = 6.7209 Chinese yuan renminbi)
(Reporting by Donny Kwok)
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