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Hong Kong stock movement | Jingtai Holdings-P (02228) rose over 9% again. The company has reached a Global Strategy cooperation with Microsoft China to explore the application of AI in Biomedical and materials science.
Crystal Tech Holdings-P (02228) closed up over 21% yesterday and rose more than 9% again this morning. As of the time of writing, it has increased by 9.21%, trading at HKD 5.22, with a transaction amount of 0.321 billion HKD.
Hong Kong stocks closed (12.16) | The Hang Seng Index fell by 0.88%, with the Aviation/airlines Industry leading the declines, while Cryptos and the High Dividend Concept rose against the trend.
The Hong Kong stock market continued to decline today, with all three major Index falling over 1% during the session. The Hang Seng Index performed the weakest, dropping nearly 2% in the afternoon.
Jingtai Technology and Microsoft China announced a strategic collaboration to drive transformation in the fields of life sciences, New Materials, and Education through AI and Siasun Robot&Automation.
Shenzhen, December 16, 2024 /PR Newswire/ -- Today, XtalPi Holdings Limited (stock abbreviation: XtalPi Holdings-P, 2228. HK) announced the signing of a Global Strategy cooperation memorandum with Microsoft China, aiming to collaborate using cutting-edge technologies such as AI, large models, and Siasun Robot&Automation labs, and actively explore the innovative applications of these technologies in the fields of Biomedical and materials science, ushering in a new chapter in scientific research, Education, and innovation applications. In this cooperation, XtalPi will leverage its AI.
Illustration | Southbound funds net Buy of Hong Kong stocks amounted to 14.3 billion Hong Kong dollars, increasing positions in Alibaba, China Construction Bank, and Crystal International Holdings.
Today, southbound funds net bought Hong Kong stocks worth 14.306 billion HKD. Among them: net buys of TRACKER FUND OF HONG KONG 3.026 billion, Alibaba 1.711 billion, Hang Seng H-Share Index ETF 1.207 billion, China Construction Bank Corporation 0.76 billion, Crystal International Holdings 0.591 billion, COSCO Shipping Holdings 0.374 billion, Tencent 0.228 billion, CHINA MOBILE 0.205 billion; net sells of Meituan 0.496 billion, Xiaomi 0.207 billion. According to statistics, southbound funds have net sold Meituan for four consecutive days, totaling 1.77539 billion HKD; have net bought CHINA MOBILE for four consecutive days, totaling 1.45287 billion HKD; for 60 trading days since being included in the Stock Connect.
Does XtalPi Holdings (HKG:2228) Have A Healthy Balance Sheet?
Hong Kong stocks movement | Crystal Tech-P (02228) surged over 7% in the morning session and has been renamed "Crystal Tech Holdings Limited." The company has been included in the Hong Kong Stock Connect.
Jingtai Technology-P (02228) rose over 7% in the morning session, as of the report, up 7.41%, priced at 4.92 HKD, with a transaction amount of 66.8364 million HKD.
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