HK Stock Movement | Haitong Unitrust Rises Over 4% Again, Monthly Gain Exceeds 30% Amid Privatization Speculation

Stock News
Aug 19

Haitong Unitrust (01905) extended its rally on Thursday, climbing more than 4% and bringing its month-to-date surge to over 30%. At the time of writing, the stock was trading 4.08% higher at HK$1.02, with turnover reaching HK$19.5 million.

The latest uptick follows the company's interim results, which showed revenue of RMB 2.772 billion for the first half, down 16.1% year-on-year, while profit attributable to the period fell 24.1% to RMB 596 million. Despite the earnings pressure, Haitong Unitrust maintained an active dividend policy, declaring an interim dividend of RMB 0.42 per 10 shares for 2026.

Market attention has increasingly focused on privatization rumors. Recent media reports suggest that after announcing the privatization and delisting of Guotai Junan International, Guotai Haitong is now exploring options to integrate its international business and considering a similar privatization move for another subsidiary, Haitong Unitrust. According to public information, the company is primarily engaged in financial leasing, purchasing physical assets and leasing them to clients across various industries.

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