FLAT GLASS (06865) intends to use a portion of idle raised funds to temporarily supplement working capital.

21:22 18/11/2024

Fulait Glass (06865) announced that the company plans to use some of the idle funds raised to temporarily supplement working capital, with a total amount...

FLAT GLASS (06865) announces that the company intends to use a portion of the idled funds raised to temporarily supplement working capital, with a total amount not exceeding 600 million yuan. The funds will be used for a period of no more than 12 months from the date of approval by the board of directors, and will be returned to the dedicated account for raised funds before the deadline.

HK Stock Market Move | In the afternoon, data center stocks rose, with GDS-SW (09698) rising over 16% after performance, and SUNEVISION (01686) rising over 5%.

HK Stock Market Move | WEIMOB INC (02013) is currently up nearly 7%, with adjusted net profit turning positive for the first time in recent years. Annual revenue related to AI has surpassed one billion yuan.

Goldman Sachs: Initiates coverage of Montage Technology (06809) with a "buy" rating and a target price of HK$268.

HK Stock Market Move | In the afternoon, data center stocks rose, with GDS-SW (09698) rising over 16% after performance, and SUNEVISION (01686) rising over 5%.

Goldman Sachs: Initiates coverage of Montage Technology (06809) with a "buy" rating and a target price of HK$268.