China and Hong Kong Indexes Retain Upward Bias After Earnings Reports, Cambricon, Nongfu In Focus

Li Chen
27 Aug, 2025
Hong Kong

Benchmark indexes in China and Hong Kong struggled to advance amid ongoing trade tensions. 

The Hang Seng Index decreased 0.1%, and the CSI 300 index gained 0.7%, as investors reviewed the latest batch of earnings. 

Tech stocks in Hong Kong gained after the AI chipmaker Cambricon reported a significant improvement in profitability, following a multi-fold surge in revenues during the first half of the year. 

Despite the looming trade tensions and the rate uncertainty, investors remained focused on the latest corporate announcements. 

 

China Indexes and Stocks 

The Hang Seng Index decreased 0.01% to 25,521.54, and the CSI 300 index added 0.7% to 4,484.67. 

Cambricon Technologies Corp. advanced 6% to ¥1,408.90 after the AI chipmaker reported revenue in the first half soared 44-fold to 2.9 billion yuan. 

The net income swung to a profit of 1.03 billion yuan, driven largely by the surge in local demand for AI chips. 

Nongfu Spring Company jumped 6% to HK $50.10, and the bottled water company reported a sharp increase in profit in the first half.

Total revenue increased 15.6% to 25,622 million yuan, profit attributable to the owners of the parent advanced 22.1% to 7,622 million yuan, and basic earnings per share increased 22% to 0.677 yuan.

Horizon Robotics gained 2.4% to HK $8.07, ahead of the earnings report later on Wednesday from the AI-chipmaker for self-driving cars. 

China Resources Lifestyle Mixc Limited declined 7% to HK 38.620 after the mainland-focused commercial real estate services provider announced its interim results. 

Revenue in the first six months increased 6.5% to 8.5 billion yuan from 8.0 billion yuan, net income advanced 7.4% to 2.03 billion yuan, and basic earnings per share rose to 89.0 HK cents from 82.8 cents a year ago.