Changes in Hong Kong stocks | Shimao Services (00873) increased 20% at the end of the session, the company's financial base is steady, and it explores independent hematopoietic capabilities in diversified businesses

The Zhitong Finance App learned that Shimao Services (00873) rose 20% at the end of the session. As of press release, it had risen 14.29% to HK$0.40, with a turnover of HK$1,433,800.

According to the news, Shimao Services' 2026 interim results show that in the first half of this year, the company achieved revenue of 3.350 million yuan and gross profit of 452 million yuan; by the end of the period, the construction area under management was 190.2 million square meters, and the contract construction area was 306.5 million square meters. In addition, the company's cash and cash equivalents reached $3.131 billion, interest-bearing liabilities remained low, and the financial base was stable. It is worth mentioning that the company promotes the implementation of the entire AI chain, including the deployment of full-scenario intelligent service products, intelligent management and control of project energy consumption, and the replacement of manual inspection with intelligent inspection to reduce labor costs and management costs.

Residential property services are the cornerstone of Shimao's services. The residential management area reached 138 million square meters in the first half of the year, rising 1.0% from 61.6% to 72.7%; at the same time, more than 76% of the projects are located in high-energy cities in China; the company's diversified businesses are accelerating “independent hematopoiesis”, with revenue from community value-added services reaching 551 million yuan, including revenue from community asset management, pension services and new retail sales surged 22.7%, 15.2% and 68.8% respectively.