The Zhitong Finance App learned that Yingheng Technology (01760) closed up more than 11% yesterday and rose more than 7% in early trading today. As of press release, it rose 3.74% to HK$3.61, with a turnover of HK$1,30422 million.
According to the news, Yingheng Technology announced that the group has been included in the FTSE Russell Global Stock Index series, including the FTSE Full Market Index and the FTSE Global Microcap Index, which will officially take effect after the market closes on September 15, 2023. This means that the Group is recognized by the international capital market for its potential value and development direction, which helps to enhance the liquidity of the Group's share transactions.
In addition, Yingheng Technology recently released its interim results, with total revenue of RMB 2,626 billion, an increase of 27% over the previous year; profit attributable to owners of the parent company was 154 million yuan, an increase of 1% over the previous year. Open Source Securities pointed out that the company's revenue side is expected to continue to benefit from a continued increase in the penetration rate of new energy vehicles, an increase in the value of automotive semiconductor bikes, increased intelligent self-research by automakers, and an increase in domestic supply chain share.