$ASIAPAC FIN INV(08193.HK) announced a profit alert yesterday, expecting an interim net profit of HKD 27.2 million, turning around from a loss year-on-year, mainly due to increased gains from changes in the fair value of financial assets. The company will disclose its interim results on November 28, with the market focusing on the sustainability of profits.
However, the profit relies on non-recurring gains and losses, with insufficient support from core operations; the total market cap is less than HKD 100 million, and the previous average daily turnover was under HKD 10,000, indicating extremely high liquidity risk; financial regulations will tighten in 2025, and new suitability management rules may increase compliance costs.
Short-term players, be cautious!
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
