Glonghui, April 17 | Hongteng Precision (6088.HK) rebounded by more than 7%. The previous 4 days had a cumulative retracement of more than 25%. It is now HK$1.95, with a total market value of HK$14.2 billion. 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.
港股异动丨鸿腾精密反弹逾7% 此前4日累计回撤超25%
Hong Kong stock changes丨Hongteng Precision rebounded more than 7% and had a cumulative retracement of more than 25% in the previous 4 days
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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