Construction and Engineering

BBSB INTL

Earnings report released on December 30, 2025 (BJT): Actual revenue HKD 68.66 M, Actual EPS HKD 0

BBSB INTL released FY2025 Semi-Annual earnings on December 30, 2025 (BJT), actual revenue HKD 133.52 M, actual EPS HKD 0

BBSB INTL released FY2024 Q2 earnings on December 30, 2025 (BJT), with actual revenue of HKD 57.76 M and EPS of HKD 0

BBSB INTL released FY2024 Semi-Annual Earnings on December 30, 2025 (BJT), with actual revenue of HKD 115.56 M and EPS of HKD 0

BBSB INTL released FY2025 Q1 earnings on December 30 (BJT), actual revenue HKD 64.86 M, actual EPS HKD 0

BBSB INTL released FY2024 Q1 earnings on December 30, 2025 (BJT) with actual revenue of HKD 57.8 M and EPS of HKD 0

BBSB INTL released FY2024 Annual Earnings on December 30, 2025 (BJT), with actual revenue of HKD 230.61 M and EPS of HKD 0

BBSB INTL released FY2024 9 Months earnings on December 30 (BJT), actual revenue HKD 175.11 M, actual EPS HKD 0

BBSB INTL released FY2024 Q4 earnings on December 30, 2025 (BJT), with actual revenue of HKD 54.95 M and EPS of HKD 0

BBSB INTL released FY2024 Q3 earnings on December 30, 2025 (BJT), with actual revenue of HKD 59.55 M and EPS of HKD 0

BBSB INTL released FY2023 Annual Earnings on December 30, 2025 (BJT), with actual revenue of HKD 131.01 M and EPS of HKD 0

< 1B

1B - 5B

5B - 10B

10B - 50B

50B - 100B

100B - 500B

500B - 1T

≥ 1T

Market Value

Total Assets

< 100M

100M - 500M

500M - 1B

≥ 100B

Revenue

0 - 50M

50M - 100M

≥ 10B

Profits

< 0%

0% - 5%

5% - 10%

10 - 15%

15% - 20%

20 - 25%

25% - 30%

>= 30%

ROE(TTM)

= 0%

0% - 1%

1% - 3%

3% - 5%

5% - 8%

8% - 10%

>= 10%

Dividend Yield

0% - 10%

10% - 15%

20% - 30%

30% - 40%

40% - 50%

>= 50%

Net Profit Margin

0 - 0.05

0.05 - 0.1

0.1 - 0.2

0.2 - 0.4

0.4 - 0.6

0.6 - 0.8

0.8 - 1

>= 1

Asset Turnover

< 1.5

1.5 - 2

2 - 3

3 - 5

5 - 10

10 - 15

15 - 20

>= 20

Equity Multiplier

< 10%

10% - 30%

30% - 50%

50% - 70%

70 - 80%

80% - 90%

90% - 95%

>= 95%

Debt Ratio

ADD NEW ENERGY

PUTIAN COMM

KFM KINGDOM

NANFANG COMM

KNOWLEDGE ATLAS

DETAI NEWENERGY

CROWNICORP

WAI CHUN GROUP

DIMMI LIFE HLDG

HUILI RES

08610

Hong Kong's IPO market is attracting more international listings, with BBSB International's recent debut oversubscribed by nearly 11,000 times. The city has become a preferred venue for overseas companies due to its vibrant market and increased liquidity. In 2025, five non-Chinese firms raised over US$1 billion, significantly up from the previous year. Nearly 100 companies filed for new listings in January, expanding the pipeline to 440. Analysts predict a strong year for Hong Kong, with potential mega IPOs, although investor sentiment remains mixed regarding Chinese assets.

南华早报

‘Vibrant’ Hong Kong market seen drawing more listings from abroad

BBSB INTL (8610.HK) closed on January 15 with extremely flat performance, with trading volume shrinking significantly throughout the day, and the stock price maintained a narrow range consolidation. The market overall lacks hotspots, and the company has not released any key announcements or news recently. Currently, the rotation effect in the small-cap Hong Kong stock sector has weakened, and related stocks' ownership and business progress have been quiet, with funds choosing to wait rather than enter hastily. Only sporadic small orders were seen during the trading session, with trading activity significantly declining, and the dominant sentiment among major orders is one of caution. Short-term trading volume continues to weaken, with no obvious increase in volume or trend guidance on the board. From a technical perspective, both MACD and the moving average system are in a neutral, sideways state, with no clear trend direction and no signs of a death cross turning bullish. Whether the market has breakthrough momentum needs to wait for subsequent volume increases or new catalysts to materialize. Short-term liquidity or volatility risks cannot be ignored; if sudden news or sector linkage occurs, the risk of rapid fluctuations increases. Strategically, it is crucial to closely monitor intraday trading and changes in external information, strictly control positions before seizing opportunities, and remain vigilant against abnormal exposures in weak ranges

Technical Forecast

Morning Trend | BBSB INTL consolidates with reduced volume, funds await a breakout action?

BBSB INTL listed on its first day, opening at 3 yuan, up 400% from the listing price of 0.6 yuan. The highest/lowest prices were 3.11/0.85 yuan respectively, closing at 0.99 yuan, up 65% from the listing price of 0.6 yuan. The half-day trading volume was 65.6945 million shares, involving a capital of 139 million yuan

AASTOCKS

"New Stocks" BBSB INTL half-day closing at HKD 0.99, high listing price 65%

BBSB INTL closed at 2.74 yuan in the dark market yesterday. The high listing price is 356.7%. Today is the first day of listing, opening at 3 yuan, which is 400% higher than the listing price of 0.6 yuan, with a trading volume of 28.744 million shares during the opening period

"New Shares" BBSB INTL opened at HKD 3 on the first day, with a high listing price of 400%

Ownership	%Owned	Share Chg	Report Date
Chin Nyan Tan	75%	No Change	13/01/2026
Choon Hock Tan	6.06%	No Change	13/01/2026

BBSB INTL(08610.HK)

Valuation analysis

Institutional View & Shareholder

Analyst Ratings

‘Vibrant’ Hong Kong market seen drawing more listings from abroad

Morning Trend | BBSB INTL consolidates with reduced volume, funds await a breakout action?

"New Stocks" BBSB INTL half-day closing at HKD 0.99, high listing price 65%

"New Shares" BBSB INTL opened at HKD 3 on the first day, with a high listing price of 400%