[Hong Kong Stock Connect] Sutor Technology (02498) rose 4.01%. Institutions indicate that the Siasun Robot&Automation business is expected to open a second growth curve.

Jingwu Financial News | Su Tong Ju Chuang (02498) showed strength at the beginning of the trading session; as of the time of writing, it rose by 4.01% to 28.5 Hong Kong dollars, with a transaction amount of 95.45 million Hong Kong dollars. On the news front, HAITONG SEC released a Research Report indicating that Su Tong Ju Chuang focuses on developing Lidar platforms driven by self-researched chip Lidar technology for rapid and efficient Hardware product iteration. In addition, Su Tong's AI perception Software HyperVision transforms raw sensor data collected from Lidar and cameras into high-quality perception information that can be directly used by autonomous Autos and Siasun Robots & Automation. As of June 2024.

Jinwu Financial NewsDec 24 09:57

Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;

Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;

Futu NewsDec 20 16:23

HAITONG SEC: Initiating coverage on Su Teng Ju Chuang (02498) with an "Outperform" rating and a Target Price of HKD 46.2.

HAITONG SEC expects SUTENG JUCHUANG's revenue to be 1.73/3.28/4.6 billion yuan in 2024-2026.

Zhitong FinanceDec 20 15:22 · Ratings

Hong Kong stocks fluctuated丨Suteng Juchuang once surged over 9.7% after being given an "outperform market" rating by Institutions and being considered Bullish on its strategy of combining hardware and software.

On December 20, Guanglonghui reported that Sutonju Chuang (2498.HK) quickly surged in the afternoon, rising over 9.7% at one point, reaching a high of 28.25 HKD. In the news, HAITONG SEC released a Research Report, initiating coverage on Sutonju Chuang with an "Outperform" rating and a Target Price of 46.2 HKD. The report indicated that Sutonju Chuang focuses on developing a chip-driven Lidar platform based on self-developed chip Lidar technology, achieving rapid and efficient Hardware product iteration. Additionally, Sutonju's AI perception Software HyperVision converts the raw Sensors data collected from Lidar and cameras into usable information.

Gelonghui FinanceDec 20 15:02

Suteng Juchuang (2498.HK): Intelligent driving Technology equalizes the long-distance vision, making significant strides in the Siasun Robot&Automation track, with a promising future.

Investment highlights: A combination of software and hardware, a Global leader in Lidar and perception solutions. RoboSense was founded in 2014, headquartered in Shenzhen, and is a leading Technology company in China, with products covering Lidar.

HAITONG SECDec 20 10:32

"Higher gross profit and lower R&D costs," the Lidar manufacturers are eyeing the Siasun Robot&Automation business.

① Hesai Technology is about to launch a miniaturized high-performance 3D Lidar designed for the Siasun Robot&Automation and industrial markets; Suoteng Juchuang is expected to achieve shipments in the robot field that could exceed six figures next year; ② Industry experts indicate that the Siasun Robot&Automation and vehicle Lidar have different application scenarios, leading to varying performance Indicators such as navigation and obstacle avoidance, distance measurement, and perception angles, resulting in different research and development focuses.

cls.cnDec 19 09:57