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Hong Kong stocks movement | Q TECH (01478) rose nearly 3% as it participates in a private placement by a joint venture company and intends to subscribe for 20 million shares issued by New Giant Technology.
Q TECH (01478) rose nearly 3%, as of the time of writing, it increased by 2.6%, reaching HKD 6.71, with a trading volume of HKD 8.3861 million.
Hong Kong stocks have shown unusual movements | The entire mobile Industry Chain surged in the afternoon, driven by the potential of AI applications being implemented in mobile devices, which is expected to stimulate the replacement cycle. The old-for-new
In the afternoon, the mobile Industry Chain saw a surge, and as of the time of reporting, Sunny Optical (02382) rose by 4.06%, priced at 70.5 HKD; AAC TECH (02018) increased by 3.13%, priced at 37.95 HKD; COWELL (01415) went up by 3.2%, priced at 29 HKD; Q TECH (01478) rose by 3.52%, priced at 6.47 HKD.
Announcement Highlights | In the first 11 months, SUNSHINE INS's original premium income exceeded 120 billion yuan; GCL TECH plans to allot up to 1.56 billion shares, net raising approximately 1.53 billion Hong Kong dollars.
In the first 11 months, SUNSHINE INS's original premium income exceeded 120 billion yuan; the major Shareholder of CHENGDU EXPWAY won a highway project worth over 10 billion yuan.
Q Technology (Group) to Further Increase Stake in Associate
Q TECH (01478.HK) entered into a share subscription agreement with New Giant Technology.
Q TECH (01478.HK) announced that on December 18, 2024, the company entered into a share subscription agreement with its associate company, New Giant Technology Co., Ltd. (New Giant Technology), which is listed on the Taiwan Over-the-Counter Securities Exchange with stock code: 3630. According to this agreement, New Giant Technology has conditionally agreed to issue, and the company has conditionally agreed to subscribe for 20 million common shares to be issued by New Giant Technology, which is approximately 9.8% of the total number of common shares issued by New Giant Technology after the private placement.
Express News | Q Technology (Group) - to Subscribe for 20 Mln Shares Issued by Newmax Technology at TWD21.0 per Share
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