International Genius Appoints Chief Economist; Shares Jump 9%
International Genius (HKG:0033) appointed He Xiaobin as the company's chief economist, effective April 25, according to a Thursday filing with the Hong Kong bourse. Shares of the company jumped nearly
INTL GENIUS (00033) appoints any Xiaobin as executive director and chief economist
Zhitong Finance App News, INTL GENIUS (00033) announced that He Xiaobin has been appointed as Executive Director, Chief Economist, Authorized Representative, Chairman of the Risk Management Committee and a member of the respective Executive Committee and Nomination Committee with effect from April 25, 2024. Furthermore, Lin Feng has resigned as the company's executive director and will no longer serve as the company's authorized representative, chairman of the company's risk management committee, and a member of the executive committee and nomination committee; Sun Qiuzhen has resigned as a non-executive director of the company.
The Price Is Right For International Genius Company (HKG:33) Even After Diving 52%
The International Genius Company (HKG:33) share price has fared very poorly over the last month, falling by a substantial 52%. Instead of being rewarded, shareholders who have already held through
Insiders Were the Biggest Winners as International Genius Company's (HKG:33) Market Cap Grew by HK$1.0b Last Week
Key Insights Significant insider control over International Genius implies vested interests in company growth Yu Ng owns 70% of the company Ownership research, combined with past performance data
INTL GENIUS: Interim Report 2023/24
INTL GENIUS (00033.HK) issues 21 million cost shares
On March 22, GLONGHUI | INTL GENIUS (00033.HK) issued an announcement to allocate and issue 21 million consideration shares under general authorization on December 15, 2023 in accordance with the sale agreement.
INTL GENIUS (00033.HK) completes acquisition of all shares of Deep Neural Computing Company
Gelonghui March 22 | INTL GENIUS (00033.HK) announcement relating to the acquisition of all issued share capital of Deep Neural Computing Company Limited, involving the issuance of price shares under a general license. All the prerequisites under the sale agreement have been met and completed on March 22, 2024.
INTL GENIUS (00033.HK) proposes to cut share premium
On March 8, Ge Longhui | INTL GENIUS (00033.HK) issued an announcement. The board of directors proposed an update to the existing general mandate for directors to allocate, issue and process new shares accounting for up to 20% of the company's issued share capital on the day the special shareholders' meeting passed the relevant resolution. As the amendments to Chapter 17 of the Listing Rules came into effect on January 1, 2023, the directors believe that adopting the new share option plan (which will be valid for 10 years from the date of adoption) will provide the company with more flexibility in granting long-term plans to grant share options to eligible participants and enable suitable and eligible persons to relate them to the Group
International Genius Company to Acquire Deep Neural Computing
International Genius Company (HKG:0033) said it plans to acquire Deep Neural Computing's entire share capital including consideration shares, according to a bourse filing on Wednesday. The company, wh
International Genius' Fiscal H1 Loss Widens
International Genius' (HKG:0033) attributable loss widened to HK$20.7 million in the half year ended Dec. 31, 2023, from HK$14.3 million in the year-ago period, a Wednesday filing said. Loss per share
INTL GENIUS (00033) Announces Interim Results Loss attributable to equity holders of HK$20.724 million, an increase of 44.71% year-on-year
INTL GENIUS (00033) Announces Mid-Term Business for the Six Months Ended December 31, 2023...
INTL GENIUS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
International Genius Company's (HKG:33) 37% Jump Shows Its Popularity With Investors
International Genius Company (HKG:33) shareholders have had their patience rewarded with a 37% share price jump in the last month. The annual gain comes to 286% following the latest surge, making i
International Genius Forecasts 35% Higher Loss for Fiscal H1
Party products trader International Genius (HKG:0033) expects a 35% to 45% on-year increase in net loss for the six months through December 2023, according to a Friday filing. The firm attributed the
INTL GENIUS (00033) ProfitAlert expects medium-term net loss to increase 35% to 45% year over year
According to the Zhitong Finance App, INTL GENIUS (00033) announced that the net loss achieved by the Group for the six months ended December 31, 2023 will increase by 35% to 45% compared to the same period in 2022, mainly due to a decrease of about 40% to 50% in revenue for the current period. According to the announcement, the main reason for the decline in revenue was the decline in net exports of some traditional domestic industries (such as toy and plastic product manufacturing), the price of raw materials declined due to a decrease in downstream demand, and overall sales declined; and after the epidemic, international logistics gradually returned to normal, and the supply of party products on the market increased, prices declined, and competition
INTL GENIUS: PROFIT WARNING AND DATE OF BOARD MEETING
INTL GENIUS [00033] now reports HK$7.95, an increase of 10.88%
As of 15:15, INTL GENIUS [00033] reported HK$7.95, up HK$7.78 or 10.88% from yesterday's closing price, with a turnover of HK$5.345,300, today's high of HK$7.95 and the lowest price of HK$7.17. Based on yesterday's closing price, the 10-day average price was HK$7.13, and the 50-day average price was HK$6.22. The current price-earnings ratio was -99.45 times, and the 14-day strength and weakness index reported at 68.91.
Here's Why We're Not Too Worried About International Genius' (HKG:33) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, International Genius (HKG:33) stock is up 310% in the last year, providing strong gains for shareholders.
International Genius Unit Buys AI Firm; Shares Surge 12%
International Genius (HKG:0033) unit Gold Collection Enterprises purchased artificial intelligence company Deep Neural Computing from Ye Guanhua for HK$620.5 million, a Tuesday filing said. The consid
International Genius to Finance Acquisition via Cash, Shares
International Genius to Finance Acquisition via Cash, Shares
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