The Zhitong Finance App learned that China High Speed Transmission (00658) rose more than 15% intraday. As of press release, it rose 10.87% to HK$2.55, with a turnover of HK$19.261,000.

According to the news, China High Speed Transmission announced unaudited interim results for the six months ended June 30, 2023. The group obtained customer contract revenue of 11.258 billion yuan (RMB, same below) during the period, an increase of 16.23% over the previous year; profit attributable to shareholders was 209 million yuan, turning a loss into a profit over the previous year. The announcement stated that the increase in revenue was mainly due to increased sales of wind power gear transmission equipment.