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Hong Kong stocks are moving; Tesla Concept stocks are rising, with NEXTEER once increasing by over 9%, and Tesla rising nearly 6% to reach a new high.
Gelonghui, December 12 | Influenced by the overnight surge in Tesla's stock to a new high, NEXTEER once surged over 9%, leading the way, while MINTH GROUP rose over 3%, and GANFENGLITHIUM, FUYAO GLASS, and EVA HOLDINGS also saw increases. In news, Tesla's stock in the US soared nearly 6%, reaching a historic high, making Musk the first person in the Global to exceed a net worth of 400 billion dollars. Tesla China announced sales data on Wednesday (yesterday), showing that sales of Tesla brand electric Autos in the first week of December reached as high as 0.0219 million units in the Chinese market, marking the highest weekly sales since the start of the fourth quarter of 2024. (Gelonghui)
swhy: Initiated coverage on minth group (00425) with a "buy" rating, expected to see financial indicators recover and valuation increase.
swhy expects minth group to have total revenue of 23.91 billion, 28.35 billion, and 34.42 billion from 2024 to 2026.
Minth Group (00425.HK): The battery casing business continues to expand, with the global benefits in the dawn stage.
Minth Group is one of the top 100 global companies in parts, and a hidden champion in global auto exterior small parts. The group originated from Ningbo Minfu Machinery Co., Ltd., which was established in 1992 and has a history of thirty years. After its establishment, the company's business rapidly developed, and by 199
December 5 buyback collection | tencent, aia and others have repurchased, with tencent spending 0.704 billion Hong Kong dollars.
According to a document disclosed by hkex on December 6, $tencent (00700.HK)$ and $aia (01299.HK)$ have repurchased shares. ① $tencent (00700.HK)$ repurchased 1.74 million ordinary shares on December 5, involving an amount of 0.704 billion Hong Kong dollars, with a repurchase price ranging from 406.6 HKD to 401 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.204 billion shares, accounting for 2.165% of the number of issued shares at the time the ordinary resolution was passed. ② $aia (01299.HK)$ on December
Hong Kong stocks anomaly | Auto parts stocks rise in early trading, Nexteer (01316) now up more than 5%, benefiting from the development of humanoid robots and autonomous driving industry.
Auto parts stocks rose across the board in the morning session. As of the time of publication, nexteer (01316) increased by 5.57%, closing at 3.03 Hong Kong dollars; minth group (00425) rose by 5.11%, closing at 13.98 Hong Kong dollars; zhejiang shibao (01057) rose by 2.91%, closing at 3.18 Hong Kong dollars.
Buyback gathering on November 28th | tencent, aia insurance, etc. have all repurchased, with tencent spending 0.7 billion Hong Kong dollars.
According to the disclosure on November 29 by hkex, tencent bought back 1.75 million ordinary shares on November 28, involving 0.7 billion Hong Kong dollars, with a repurchase price ranging from 403.8 Hong Kong dollars to 397.6 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.195 billion shares, accounting for 2.072% of the number of shares issued when the ordinary resolution was passed. aia bought back shares on 11