SDMC Surges Over 5% Intraday Following Hang Seng Composite Inclusion and Stock Connect Eligibility

Deep News
9 hours ago

SDMC (00901) saw its share price climb more than 5% during trading hours on Tuesday, before settling to a gain of 2.90% at HK$71.05, with turnover reaching HK$6.58 million. The intraday rally followed the company's recent selection by Hang Seng Indexes Company to be added as a constituent of the Hang Seng Composite Index, effective September 7, 2026, marking a significant milestone in the company's capital market development.

In a parallel development, SDMC has been designated as an eligible stock under the Shanghai-Hong Kong Stock Connect program, effective from the same date of September 7. These dual inclusions are expected to enhance the company's visibility among a broader investor base and improve liquidity in its shares.

The company previously disclosed its interim results for 2026, reporting first-half revenue of RMB 2.095 billion, representing a 36.3% year-on-year increase. Net profit attributable to the period surged 75.9% to RMB 181 million. Notably, revenue from digital video equipment reached RMB 1.734 billion, up 40.5% year-on-year, accounting for 82.7% of total revenue, while overseas revenue amounted to RMB 1.947 billion, comprising 92.9% of the total.

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