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Announcement Highlights | Tencent reduces its shareholding in Weimob and UBTECH, cashing out over 1.6 billion Hong Kong dollars; COSCO SHIP ENGY anticipates a net profit increase of 17.2% for 2024.
BE FRIENDS HLDG's annual Commodity Trade volume increased by about 20%; Q TECH: In December, the sales volume of mobile phone camera modules was approximately 30.595 million units, a month-on-month decrease of 24.1% and a year-on-year decrease of 12.4%.
Hong Kong stock report for January 10: Tencent's Shareholding in Weimob and UBTECH cashing out exceeds 1.6 billion Hong Kong dollars. Cui Dongshu warns of a "price war" storm in the Autos market by 2025.
① Tencent continuously reduced its shareholding in WEIMOB INC and UBTECH, cashing out 1.67 billion Hong Kong dollars. ② Shanghai: By 2026, the new energy storage capacity is expected to reach an application scale of over 0.8 million kilowatts. ③ Cui Dongshu from the Passenger Car Association: The "price war" in the Autos industry will be extremely fierce in 2025. ④ TrendForce predicts that the Global market for large language models in robots is expected to exceed 100 billion dollars by 2028.
Q Technology Posts 11% Drop in December 2024 Camera Module Sales Volume; Fingerprint Recognition Module Sales Volume Up 96%
Q TECH (01478.HK) sold a total of 31.979 million camera modules in December, a decrease of 10.7% year-on-year.
On January 9, Gelonghui reported that Q TECH (01478.HK) disclosed the sales data of its main products for December 2024, with a total of 31.979 million camera modules sold that month, representing a decrease of 23.1% month-on-month and 10.7% year-on-year; among which, smartphone camera modules sales were 30.595 million units, down 24.1% month-on-month and down 12.4% year-on-year. The total sales of fingerprint recognition modules reached 20.394 million units, an increase of 95.8% year-on-year. The decrease in camera module sales both month-on-month and year-on-year was mainly due to customer project cycle factors. Other fields' camera module sales quantities year-on-year.
Express News | Q Technology (Group) - Dec Total Sales Volume of Camera Modules 32 Mln Units
Hong Kong stocks fluctuated | Apple Supplier stocks extended their decline in the afternoon, with Sunny Optical (02382) down over 7% and COWELL (01415) down over 6%.
The Apple Supplier stocks further dropped in the afternoon. As of this report, Sunny Optical (02382) fell by 7.29%, quoted at 62.35 Hong Kong dollars; COWELL (01415) dropped by 6.32%, quoted at 25.95 Hong Kong dollars; Q TECH (01478) decreased by 5.51%, quoted at 5.66 Hong Kong dollars.
