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Veson Holdings' Units to Provide Processing Services, Products for Three Years
VESON HLDG [01399] is currently reported at 0.16 Hong Kong dollars, a decrease of 11.11%.
As of 10:11, VESON HLDG [01399] is trading at HKD 0.16, a decrease of HKD 0.02 or 11.11% from yesterday's closing price of HKD 0.18, with a trading volume of HKD 0.0473 million. Today's highest price is HKD 0.168 and the lowest price is HKD 0.16. Based on yesterday's closing price, the 10-day average is HKD 0.18, the 50-day average is HKD 0.19, and the current PE is 8.87 times, with a 14-day strength index of 37.31.
The "cold winter" is not over yet! Industry worries: lithium prices are still difficult to achieve a significant rebound this year.
① After experiencing two years of cyclical adjustments, many industry insiders predict that Lithium prices may still face challenges in 2025; ② With the ongoing surplus in Lithium supply, and the possibility that some mines might restart if prices rise, it means that this Battery Metal may still be unlikely to see a significant rebound this year.
China Nonferrous Metals Industry Association: In November, domestic lithium carbonate prices saw a slight rebound.
The trade-in policy has been strengthened, and the production and sales of Batteries and Electric Vehicles continue to show rapid growth.
Veson Holdings' Unit Disposes 100% Stake in Subsidiary for Over 2 Million Yuan
VESON HLDG (01399.HK) intends to sell its stake in Technology.
Gelonghui, December 12th丨VESON HLDG (01399.HK) announced the establishment of a joint venture named Cybertech Optiemus Holdings Limited ("Joint Venture", along with its subsidiaries referred to as the "Joint Group"). As of the date of this announcement, the joint venture is a subsidiary of the company, with 50% owned by Hongliang Technology Limited ("Hongliang", an indirectly wholly-owned subsidiary of the company), 30% owned by Weike New Energy Technology Limited, and owned by Insight.
