Lianyirong Technology-W (09959) rose more than 8% in the afternoon, as of the press release, up by 8.24%, closing at 1.84 Hong Kong dollars, with a turnover of 40.3866 million Hong Kong dollars.
According to the Wisdom Financial APP, Lianyirong Technology-W (09959) rose more than 8% in the afternoon, as of the press release, up by 8.24%, closing at 1.84 Hong Kong dollars, with a turnover of 40.3866 million Hong Kong dollars.
On the news front, Lianyirong Technology issued an announcement. In the first three quarters, the total volume of transactions processed by the group's technology solutions increased by 17%; In the third quarter, the company's main business revenue and profits recorded year-on-year growth, while the gross margin showed significant improvement. Huachuang Securities stated that as of the third quarter, the company has cooperated with 1,917 core enterprises (up 28.8% from the beginning of the year), and 353 financial institutions (up 11.0% from the beginning of the year); 821 core enterprise clients (up 35.9% from the beginning of the year), and 138 financial institution clients (up 5.3% from the beginning of the year). The customer retention rate is 96% (up 10% from the end of the previous year).
It is worth noting that, according to the documents disclosed by the Hong Kong Stock Exchange on November 5, on October 30, JPMorgan increased its shareholding in Lianyirong Technology-W by 3.398 million shares of other shares, worth approximately 5.9387 million Hong Kong dollars. After the increase, JPMorgan's latest shareholding number is 0.103 billion shares, and the holding proportion has increased from 4.93% to 5.10%. In addition, Lianyirong Technology-W announced that on October 30, it spent 1.958 million Hong Kong dollars to repurchase 1.15 million shares.