FIH Mobile's Unit Enters Into JV; Share Prices Up by 9%
FIH Mobile (HKG:2038) unit FIH Co. entered into an agreement with several partners, including Hon Hai Investment Management (HCM) and Futai International Investment (Futai), to establish a joint ventu
Changes in Hong Kong stocks | Hongteng Precision (06088) is expected to rise by more than 11% and is expected to turn a loss into profit in the first quarter. Management will provide more information updates on the results
Hongteng Precision (06088) rose more than 11%. As of press release, it rose 11.32% to HK$2.36, with a turnover of HK$585.22,300.
Fuzhikang Group (02038.HK) subsidiary entered into joint venture agreements with other joint ventures
Fuzhikang Group (02038.HK) announced that on April 25, 2024, Fuzhikang International, a wholly-owned subsidiary of the company, entered into a joint venture agreement with other joint ventures (including Hon Hai Investment and Futai), according to which (a) under the terms and conditions of the joint venture agreement, (a) the joint venture has agreed to establish a joint venture with an authorized share capital of NT$6 billion; and (b) Fuzhikang International has agreed to make a total cash investment of NT$125 million, which is equivalent to the total amount of shares issued 8. 08% and minimum target capital All of them have been released since they have been fulfilled
Fuzhikang Group (02038.HK) plans to establish joint ventures with Hon Hai Investment and Futai to mainly invest in utility/renewable energy projects related to solar energy, wind energy and electricity storage in Taiwan
Fuzhikang Group (02038.HK) announced that on April 25, 2024, Fuzhikang International, a wholly-owned subsidiary of the company, entered into a joint venture agreement with other joint ventures (including Hon Hai Investment and Futai), according to the terms and conditions of the joint venture agreement, (a) the joint venture has agreed to establish a joint venture with an authorized share capital of NT$6,000 million (equivalent to approximately US$185.8 million); and (b) Fuzhikang International has agreed to make a total cash investment of NT$125 million (equivalent to approximately US$3.9 million)), which is equivalent to The initial delivery was about 8.08% of the total issued joint venture shares and about 2.08% of the total issued joint venture shares after the minimum target capital was fulfilled.
Changes in Hong Kong stocks | Hongteng Precision (06088.HK) is expected to rise by more than 5%, and net profit for the first quarter is expected to turn a year-on-year loss into profit. Management says it will continue to increase production capacity for
Hongteng Precision (06088.HK) rose more than 5%. As of press release, it was up 5.05% to HK$2.08, with a turnover of HK$138.68,500.
Changes in Hong Kong stocks | The mobile phone industry chain declined across the board, and seasonal fluctuations dragged down TSMC's revenue and iPhone shipments fell nearly 10% in the first quarter
The mobile phone industry chain declined across the board. As of press release, Sunyu Optics (02382) fell 6% to HK$35.25; Qiu Ti Technology (01478) fell 5.45% to HK$3.12; Gaowei Electronics (01415) fell 5.24% to HK$15.56; and Fuzhikang Group (02038) fell 4.35% to HK$0.66.