HK Stock Market Move | SHOUCHENG (00697) surged more than 10% once, its subsidiary Beijing Shou Da Xingye Fund increased investment in Microport Aerial Intelligence.

SHOUCHENG (00697) once rose by more than 10%, but as of the time of writing, it has risen by 9.7% to 2.6 Hong Kong dollars, with a turnover of 251 million Hong Kong dollars. On the news front, SHOUCHENG has announced that recently, Beijing Shoudaxingye Equity Investment Center (Beijing Shoudaxingye Fund), a company under Shoucheng Capital, which is owned by the group (a wholly-owned subsidiary of the company), invested in Microfeather Intelligent Flight (Hangzhou) Technology Co., Ltd. (Microfeather). This investment is an additional investment following the investment in May 2025, which will further promote the increase in research and development investment and team building of the invested enterprise, consolidate and enhance its leading position in the field of flying intelligent technology. Microfeather is a leading company in the field of flying Siasun Robot & Automation in China, focusing on the research and development of flying intelligent systems, multi-aircraft cluster collaboration, and fully autonomous exploration flying algorithm and hardware development. It is one of the few domestic companies that have achieved autonomous exploration flying in complex environments. This investment will help Microfeather further increase its research and development efforts in the field of flying intelligent technology, strengthen the introduction of high-end research and development talents, and optimize the team structure, injecting strong momentum into the continuous technological innovation and commercialization of products in the field of flying Siasun Robot & Automation intelligent technology for Microfeather.