Changes in Hong Kong stocks | Ruqi Chuxing (09680) rose nearly 11%, and revenue for the first half of the year is expected to increase by more than 1.3 times year-on-year, and losses narrow by about 40%

The Zhitong Finance App learned that Ruqi Travel (09680) rose nearly 11%. As of press release, it had risen 10.86% to HK$6.995, with a turnover of HK$1.098,900.

According to the news, on August 3, Ruqi Travel issued a positive profit forecast. The Group expects consolidated revenue for the first half of 2026 to be no less than 3.9 billion yuan, an increase of no less than 132.6% over the previous year; equity shareholders should account for no more than 75 million yuan in net consolidated losses, a sharp decrease of no less than 50 million yuan compared to the same period last year, a decrease of no less than 40%.

The company explained that the increase in revenue was mainly due to a significant increase in orders for online car-hailing services in the travel services division, as well as increased sales and marketing of technical services. The narrowing of losses is due to the improved efficiency of online car-hailing operations in the travel service division and the optimization of the cost structure, which has led to continued growth in gross profit; at the same time, the increase in technical service business volume has driven a corresponding increase in gross profit.