Pinestone Narrows Loss as Fee Income Rises but Lending Pressures Persist

Pinestone Capital Ltd ( (HK:0804) ) has issued an update.

Pinestone Capital Limited, a Hong Kong-listed financial services provider, operates across securities brokerage, placing and underwriting, margin financing, and securities-backed lending, targeting clients seeking capital markets access and credit solutions.

The company reported a roughly 11% rise in revenue to HK$28.4 million for 2025, driven by stronger placing, underwriting and brokerage fee income despite weaker securities-backed lending revenue. Net loss narrowed by about 45% to HK$17.3 million as impairment and write-off charges related to lending fell sharply, but higher operating expenses and a deferred tax reassessment kept the group in the red, prompting the board to withhold a final dividend.

The most recent analyst rating on (HK:0804) stock is a Sell with a HK$3.00 price target. To see the full list of analyst forecasts on Pinestone Capital Ltd stock, see the HK:0804 Stock Forecast page.

More about Pinestone Capital Ltd

Pinestone Capital Limited is a Hong Kong-listed financial services firm that provides securities brokerage, placing and underwriting, margin financing, and securities-backed lending, with a focus on fee-based capital markets activities and lending-related income streams.

Average Trading Volume: 23,143

Technical Sentiment Signal: Buy

Current Market Cap: HK$236.3M

For a thorough assessment of 0804 stock, go to TipRanks’ Stock Analysis page.