The Zhitong Finance App learned that Haitian International (01882) rose more than 3%. As of press release, it had risen 3.57% to HK$17.68, with a turnover of HK$29.205 million.

According to the news, Citi released a research report stating that after the announcement of the interim results, Haitian International Chairman Zhang Jianming purchased a total of 3.431 million shares, with an average price of HK$17.59 and a total cost of 7.7 million US dollars. The shareholding has risen from 33.32% previously to 33.53% now, according to the Hong Kong Stock Exchange. The bank believes that the management aims to show a high level of confidence in the company's current low position. The time to increase holdings is for management to agree that profit recovery and valuation in the second half of the year are not expensive.

The bank expects that Haitian International's revenue for the second half of this year will increase 2.3% year on year to 8.912 billion yuan (same below), and net profit will increase 5% year on year to 1.67 billion yuan, better than the 0.9% year-on-year increase in revenue and 7.7% year-on-year decrease in net profit from the first half of the year. Management guided revenue growth to the lowest single digit in 2026 at the results meeting. Affected by the high base due to early delivery driven by last year's tariffs, the bank expects overseas sales to continue to drop by double digits from year to year; domestic sales are expected to rise by double digits year on year, mainly driven by export-oriented orders rather than domestic demand, and should roughly offset the overseas decline.