CIRRUS (02507) has continued its recent rebound, nearly recovering losses from late August. As of press time, the stock gained 7.25% to HK$65.05, with turnover reaching HK$235 million.

On the news front, CIRRUS was removed from the Hong Kong Stock Connect eligible list today (September 8). According to reports, on August 22, Hang Seng Indices Company announced its quarterly review results, with all changes implemented after market close on September 5 and taking effect from September 8. Among these changes, CIRRUS was removed from the Hang Seng Composite Index.

Additionally, CIRRUS achieved revenue of US$594 million in the first half of this year, representing a 25.1% year-on-year increase, while net profit reached US$64.966 million, up 82.5% year-on-year.

China Securities noted that the company's adjusted first-half results surged 73% year-on-year, highlighting its leading market position, and emphasized that the company's market value remains undervalued. Haitong International indicated that the company's results significantly exceeded expectations with resilient profitability. Western Securities expressed optimism about continued valuation recovery and potential earnings catalysts going forward.