---
title: "Understanding the Market | SANHUA rose over 10% in early trading after being included in the Hang Seng Composite Index constituents, with the company's refrigeration business experiencing significant growth in the first half of the year"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/256300614.md"
description: "SANHUA rose over 10% in early trading, and as of the time of writing, it has increased by 10.78%, trading at HKD 32.48, with a transaction volume of HKD 233 million. In terms of news, recently, Hang Seng Index Company announced the results of the Hang Seng Index series review as of the second quarter of 2025, with all changes taking effect from September 8 (Monday), among which SANHUA has been included in the Hang Seng Composite Index constituents. Previously, SANHUA released its interim results for the six months ending June 30, 2025, reporting revenue of RMB 16.263 billion (same unit below), an increase of 18.91% year-on-year; profit attributable to owners of the company was RMB 2.11 billion, an increase of 39.31% year-on-year; earnings per share were RMB 0.57, with a cash dividend of RMB 1.20 per 10 shares (tax included). Cathay Pacific Securities pointed out that in H1 2025, SANHUA's revenue from the air conditioning electrical components business was RMB 10.389 billion, up 25% year-on-year; revenue from the automotive components business was RMB 5.874 billion, up 9% year-on-year. In H1 2025, benefiting from the high prosperity of household air conditioning and the export demand in the U.S. market, the refrigeration components business performed strongly, with overseas revenue up 23% year-on-year"
datetime: "2025-09-08T02:22:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256300614.md)
  - [en](https://longbridge.com/en/news/256300614.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256300614.md)
---

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# Understanding the Market | SANHUA rose over 10% in early trading after being included in the Hang Seng Composite Index constituents, with the company's refrigeration business experiencing significant growth in the first half of the year

According to Zhitong Finance APP, SANHUA (02050) rose over 10% in early trading, and as of the time of writing, it has increased by 10.78%, trading at HKD 32.48, with a transaction volume of HKD 233 million.

In terms of news, recently, Hang Seng Index Company announced the results of the Hang Seng Index series review for the second quarter of 2025, with all changes taking effect from September 8 (Monday), among which SANHUA has been included in the Hang Seng Composite Index constituents.

Previously, SANHUA released its interim results for the six months ending June 30, 2025, reporting revenue of RMB 16.263 billion, an increase of 18.91% year-on-year; profit attributable to shareholders was RMB 2.11 billion, an increase of 39.31% year-on-year; earnings per share were RMB 0.57, with a cash dividend of RMB 1.20 per 10 shares (tax included).

Cathay Pacific Haitong International pointed out that in H1 2025, SANHUA's revenue from the refrigeration air conditioning appliance components business was RMB 10.389 billion, up 25% year-on-year; revenue from the automotive components business was RMB 5.874 billion, up 9% year-on-year. In H1 2025, benefiting from the high prosperity of household air conditioning and the export demand from the U.S. market, the refrigeration components business performed strongly, with overseas revenue increasing by 23% year-on-year

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