China New Economy Fund Reports HK$10,025 Revenue for H1 2025, Net Loss of HK$4.35M

Reuters
Aug 28
<a href="https://laohu8.com/S/CNER">China New</a> Economy Fund Reports HK$10,025 Revenue for H1 2025, Net Loss of HK$4.35M

China New Economy Fund Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company reported a net loss attributable to shareholders of HK$4.35 million during this period. This marks a significant change from the previous year's performance, where the company registered a segment revenue of HK$704,411, derived mainly from income under a profit guarantee agreement. The company's financial highlights reflect a strategic focus on medium to long-term investments in both public and private equities. As of 30 June 2025, the company held investments in a Hong Kong-listed company, three private equity securities, one limited partnership fund, and one open-ended fund. A major investment focus remains on the financial printing sector within the Hong Kong IPO market. During the period, bank interest income was reported at HK$10,025, a decrease from the HK$30,471 recorded in the previous year. The net realised loss on financial assets at fair value through profit or loss was reported at HK$4.24 million. No outlook or guidance was provided in the announcement.

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