On August 28, ILUVATAR COREX rose 3.11% in regular trading, trading at 419.0 HKD/share, with turnover of approximately 103 million HKD.
On the news front, the company disclosed its interim financial report today. A prior profit alert projected first-half net profit of 60 million to 140 million RMB, representing a turnaround from a net loss of approximately 609 million RMB in the year-ago period. However, the profit is primarily attributable to unrealized fair value gains of approximately 7.3 billion to 7.9 billion RMB from equity investments in an A-share listed company, meaning core business profitability remains unproven.
Additionally, the company has been confirmed for inclusion in the Hang Seng TECH Index effective September 7, becoming the first and currently only GPU constituent stock in the index. Ahead of the effective date, incremental passive fund allocation demand continues to provide support.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)