HK Stock Market Movement | SEM Holdings (09929) Rises Nearly 8% on Plans to Expand Core Business into Mainland China and Initiate IP Business Preparations

SEM Holdings (09929) rose nearly 8%. As of the time of writing, it was up 7.84% at HK$1.65, with a trading volume of HK$2.6843 million.

Zhitong FinanceJun 16 11:02

SEM Holdings (09929) plans to expand its core business into mainland China and is preparing to launch intellectual property-related operations.

SEM Holdings (09929) announced that in 2026, the Group will continue to focus on its core electrical and mechanical engineering business. In light of current market pressures and challenging conditions in Macau and Hong Kong, the Company is actively exploring new opportunities to expand its core business into other regions. During the first half of the year, to diversify revenue streams and mitigate exposure to local market volatility, the Group will assess the feasibility and potential of extending its core operations into mainland China.

Zhitong FinanceJun 12 16:44

SEM Holdings (09929) transferred a total market value of HK$340 million, accounting for 9.40%, with 180 million shares transferred out from Standard Chartered Bank (Hong Kong).

According to the latest data from the Hong Kong Stock Exchange, on May 28, SEM Holdings (09929) experienced a position adjustment involving a total transferred market value of HK$340 million, representing 9.40% of its equity. Shareholders of the company transferred 180 million shares to Goldman Sachs (Asia) Securities and withdrew 180 million shares from Standard Chartered Bank (Hong Kong).

Zhitong FinanceMay 29 08:44

Shareholders of SEM Holdings (09929) have deposited shares into China International Capital Corporation Hong Kong Securities, with a total custody value of HKD 1.36 billion.

On May 12, shareholders of SEM Holdings (09929) deposited shares with China International Capital Corporation Hong Kong Securities, with a deposit value of HKD 1.36 billion, representing 5.1% of the total.

Zhitong FinanceMay 13 08:26

Shareholders of SEM Holdings (09929) have deposited shares into Standard Chartered Bank (Hong Kong), with a total market value of HKD 239 million.

According to the latest data from the Hong Kong Stock Exchange, on May 11, a shareholder of SEM Holdings (09929) deposited shares into Standard Chartered Bank (Hong Kong), with a deposit value of HKD 239 million, representing 9% of the holdings.

Zhitong FinanceMay 12 08:22

SEM Holdings (09929) has completed the issuance of convertible bonds with a total principal amount of HKD 44 million.

SEM Holdings (09929) announced that, as of the date of this announcement, all the preconditions under the subscription agreement have been fulfilled in accordance with its terms. Consequently, the completion of the subscription was implemented on April 24, 2026. Upon the completion of the subscription, convertible bonds with a total principal amount of HKD 44 million were issued by the company to the subscribers in accordance with the terms of the subscription agreement. The net proceeds from the subscription amounted to approximately HKD 43.3 million. As of the date of this announcement, no convertible bonds have been converted.

Zhitong FinanceApr 24 21:33