HK-listed Wasion jumps most in over 1-1/2 years on robust H1 results

Wasion Holdings

26/08/2025 08:38

** Shares of smart power meters manufacturer and system solutions provider Wasion Holdings 3393.HK jump 11.6% to HK$9.6, on course for the biggest one-day pct gain since December 2023

** Stock touches the highest level since July 18

** Wasion said its H1 net profit jumped 33% y/y to 439.7 mln yuan ($61.47 mln) and turnover rose 17% y/y to 4.39 bln yuan ($613.74 mln), of which revenue from Power Advanced Metering Infrastructure business increased 30% y/y

** Hang Seng Commerce & Industry Index .HSNC slips 1%, benchmark Hang Seng Index .HSI falls 1.1%

** YTD, stock up 33.7%

($1 = 7.1529 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))