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Hong Kong stocks fluctuate | SenseTime-W (00020) surged over 4% in the morning as the company completed a placement, net raising nearly 2.8 billion Hong Kong dollars. This follows the announcement of the completion of the organizational Global Strategy re
SenseTime-W (00020) rose over 4% in early trading. As of the time of writing, it increased by 3.97%, reaching HKD 1.57, with a trading volume of HKD 0.462 billion.
Hong Kong stock midday review | All three indices rose, the Technology Index up over 1%; Autos, power, and Semiconductor stocks increased, with Li Auto and CHINA LONGYUAN rising nearly 4%, and Semiconductor Manufacturing International Corporation up over
Network Technology stocks are generally rising, XIAOMI-W is up 2.17%, SENSORY-W is up 2.03%; Electric Power stocks are all going up, HUADIAN POWER is up 4.53%, CHINA LONGYUAN is up 3.86%; Hong Kong Retail Stocks are generally rising, BOSSINI INT'L is down 6.78%, PRADA is up 2.59%;
Selected announcements | CHINAHONGQIAO expects annual Net income to nearly double year-on-year; GOLDLION HOLD receives a premium for privatization, resuming trading today.
CHINAHONGQIAO expects that the Net income for the year ending December 31, 2024, may increase by around 95% year-on-year; China Coal Energy's Commodity coal sales for the first 11 months were 0.256 billion tons, showing a decrease of 1.9% year-on-year; November sales were 25.8 million tons, representing a year-on-year increase of 11.4%.
SenseTime Group Raises HK$2.79 Billion via Share Placement
Chinese AI Firm SenseTime Raises $360 Million in Share Placement
SenseTime: To Use Proceeds for AI Cloud Building, Enhancing AI Infrastructure, Developing Generative AI