FIT Hon Teng (HKG:6088) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' When we think about how risky a company is, we always like

Simply Wall StApr 26 18:52 ET

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

MT NewswiresApr 26 03:17 ET

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.

Zhitong FinanceApr 26 02:16 ET

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.

Gelonghui FinanceApr 26 00:27 ET

Changes in Hong Kong stocks | Hongteng Precision (06088) is expected to rise 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 Apple

The Zhitong Finance App learned that Hongteng Precision (06088) rose by more than 5%. As of press release, it had risen 5.05% to HK$2.08, with a turnover of HK$13.868,500. According to the news, Hongteng Precision recently announced that the Group's net profit for the three months ending March 31, 2024 is estimated to be between 7 million US dollars and 10 million US dollars, with a loss of about 9 million US dollars for the same period last year. The turning of losses into profit in the first quarter was mainly due to improvements in management efficiency and a gradual recovery in demand in the computer and consumer electronics and network equipment terminal markets. CMB International previously released a research report saying that Hong Tengjing

Zhitong FinanceApr 23 23:39 ET

FIH Mobile Limited's (HKG:2038) 33% Price Boost Is Out Of Tune With Revenues

The FIH Mobile Limited (HKG:2038) share price has done very well over the last month, posting an excellent gain of 33%. Unfortunately, the gains of the last month did little to right the losses of

Simply Wall StApr 19 21:08 ET