According to Futu News, Hong Kong stocks $YADEA (01585.HK)$ In early trading, it rose more than 17%, and as of the time of reporting, it is up 14.26%, trading at 16.54 Hong Kong dollars, with a transaction volume of 0.2 billion Hong Kong dollars.

In terms of news, overnight $Niu Technologies (NIU.US)$ U.S. stocks surged 29% after earnings, after the company announced its fourth-quarter performance for 2024. The Earnings Reports show that Niu Technologies' Q4 revenue was 0.8192 billion yuan (RMB, same below), a year-on-year increase of 71.1%; the gross margin was 12.4%, compared to 19.0% in the same period last year; Q4 sales of electric scooters were 226,634 units, a year-on-year increase of 64.9%. Among them, sales of electric scooters in the China market were 182,333 units, a year-on-year increase of 65.1%; sales in the overseas market were 44,301 units, a year-on-year increase of 63.9%.

In addition, $YADEA (01585.HK)$ On March 13, it was announced that the company will hold a Board of Directors meeting on March 25, 2025 (Tuesday) to approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, as well as to consider the distribution of a final dividend (if any), and to address Other matters.

Editor/Rocky