SEHK:105
SEHK:105Real Estate

Associated International Hotels (SEHK:105) Loss Reduction Challenges Persistent Skepticism on Sustainability

Associated International Hotels (SEHK:105) just posted its half-year 2026 results, reporting revenue of HK$295.5 million and a basic EPS of -0.61 HKD. Looking back, revenue has moved from HK$296.8 million to HK$299.0 million in the previous twelve months, while basic EPS shifted from -1.59 to -1.56 HKD. Margins remain challenged, but investors appear focused on how these headline numbers set the stage for the coming year. See our full analysis for Associated International Hotels. Now, let’s...
SEHK:237
SEHK:237Real Estate

Safety Godown (SEHK:237): Net Loss Deepens to HK$-283M, Undermining Turnaround Narratives

Safety Godown Company (SEHK:237) reported H1 2026 results showing total revenue of HK$235.0 million and a basic EPS of -0.67 HKD. Over the past several periods, revenue moved from HK$207.1 million in H1 2025 to HK$211.2 million in H2 2025, and now to HK$235.0 million in the trailing twelve months. EPS tracked a similar trend, shifting from -0.17 HKD to -0.66 HKD over the same periods. Margin pressures remain clear across headline metrics, putting renewed focus on profitability and future...
SEHK:371
SEHK:371Water Utilities

Is Refinancing Offshore Debt With RMB 2 Billion in Notes Changing the Investment Case for Beijing Enterprises Water Group (SEHK:371)?

The board of directors of Beijing Enterprises Water Group announced in November 2025 that the company completed the issuance of RMB 2 billion (US$280 million) in medium-term notes, with maturities in 2028 and 2030 at coupon rates of 1.96% and 2.11% per annum, respectively. This funding is specifically earmarked to repay loans from financial institutions outside mainland China, highlighting a shift toward optimizing the company’s debt structure and enhancing liquidity management. We’ll...