Stock Track | XXF-NEW Soars 5.09% on Hang Seng Index Inclusion and Strong H1 Performance

Stock Track

Aug 26

XXF-NEW (02473) saw its stock price soar by 5.09% in intraday trading on Tuesday, following a series of positive developments for the company. The surge comes on the heels of the announcement that XXF-NEW will be included in the Hang Seng Composite Index, a move that typically increases a stock's visibility and attractiveness to investors.

The inclusion in the Hang Seng Composite Index, set to take effect from September 8, opens the door for XXF-NEW to potentially join the Stock Connect program. Huatai Securities reports that the company meets the necessary criteria for inclusion, which could further broaden its investor base and liquidity.

Adding to investor optimism, XXF-NEW recently released strong interim results for the first half of 2025. The company reported a 16.78% year-on-year increase in revenue to RMB769 million, while profit attributable to shareholders rose by 14.23% to RMB22.486 million. This growth was primarily driven by the company's expanding automotive direct retail business and the successful expansion of its self-operated sales network. As XXF-NEW continues to strengthen its market position and demonstrate financial growth, investors appear to be responding positively to the company's prospects.

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The surge comes on the heels of the announcement that XXF-NEW will be included in the Hang Seng Composite Index, a move that typically increases a stock's visibility and attractiveness to investors.</p>\n\n<p>The inclusion in the Hang Seng Composite Index, set to take effect from September 8, opens the door for XXF-NEW to potentially join the Stock Connect program. Huatai Securities reports that the company meets the necessary criteria for inclusion, which could further broaden its investor base and liquidity.</p>\n\n<p>Adding to investor optimism, XXF-NEW recently released strong interim results for the first half of 2025. The company reported a 16.78% year-on-year increase in revenue to RMB769 million, while profit attributable to shareholders rose by 14.23% to RMB22.486 million. This growth was primarily driven by the company's expanding automotive direct retail business and the successful expansion of its self-operated sales network. 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