Market Snapshot | All three major indices declined, with the tech index down 0.7%; oil stocks bucked the trend, as PetroChina rose nearly 4%; storage-related stocks retreated, with Southern Twice Leveraged Hynix dropping over 5% and GigaDevice Semiconduct

The three major indices all declined, with the technology index falling by 0.7%; oil stocks bucked the trend, with PetroChina rising nearly 4%; memory stocks retreated, with the Southern Twice Leveraged Hynix dropping more than 5%, and Gigadevice declining over 4%.

Futu NewsMay 12 16:16

H-share Movement | Maoji Kuiyong (01716) surged over 28% in the afternoon session, with cumulative gains exceeding 6.5 times after the acquisition. Ma Liyang stated that a dual-capital platform system will be established.

Maoji Kuiyong (01716) surged over 28% in the afternoon trading, with cumulative gains exceeding 650% following the acquisition. As of press time, it rose 30.52%, trading at HKD 9.58, with a turnover of HKD 61.8122 million.

Zhitong FinanceMay 12 14:50

Maoji Kui Yong (01716.HK) announced a change in its board of directors, with the share price plunging over 16% at one point.

Maoji Kweichung (01716.HK) announced that, effective from yesterday (5th), Yao Jiahao has resigned as an executive director, the authorized representative in accordance with the Listing Rules of the Stock Exchange, and the company’s authorized representative under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) for accepting legal process documents and notices in Hong Kong; Lu Jiajun has resigned as an executive director and company authorized representative; Leung Hoi Mei has resigned as an executive director and a member of the Board Nomination Committee; Leung Ting Yu has resigned as an independent non-executive director, Chairman of the Board Remuneration Committee, Chairman of the Nomination Committee, and a member of the Board Audit Committee; Ho Kwong Yu has resigned as an independent non-executive director, Chairman of the Audit Committee, and

AASTOCKSMay 6 15:35

Most Kwai Chung Sets Out Board and Committee Roles in Governance Update

TipRanksMay 6 07:28

Maoji Kuiyong (01716): Cheng Taohong has been appointed as an executive director.

Maoji Kuiyong (01716) announced that the following directors have resigned, effective May 5, 2026: Mr. Yao Jiahao (Mr. Yao) has resigned as an executive director, the authorized representative of the company under Rule 3.05 of the Hong Kong Stock Exchange Listing Rules (Authorized Representative), and the authorized representative for receiving legal process documents and notices in Hong Kong under Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (Legal Process Agent).

Zhitong FinanceMay 6 06:23

Market Snapshot | All three major indexes declined, with the technology index falling by 2.28%; multiple lithium battery stocks dropped, with CATL down nearly 7%; 'The First AI Optical Computing Stock' Xizhi Technology surged over 380% on its debut; Wuxi

Tech stocks declined, with Xiaomi Group-W dropping 3.79% and Kuaishou-W falling 3.12%. Lithium battery stocks weakened, as CATL plunged 6.88% and BYD Electronics dropped 5.20%. Solar energy stocks also performed poorly, with Flat Glass Group declining 7.01% and Lens Technology falling 4.46%.

Futu NewsApr 28 16:18