HK Stock Market Move | MINTH GROUP (00425) rose by over 4% again recently, announcing that its subsidiary company has received orders for AI server liquid cooling products.
Minshi Group (00425) rose by more than 4% again, as of the time of the report, it increased by 4.04% to 37.6 Hong Kong dollars, with a turnover of 4504.98 million Hong Kong dollars.
MINTH GROUP (00425) rose by more than 4%, up 4.04% to 37.6 Hong Kong dollars as of the time of writing, with a trading volume of 45.0498 million Hong Kong dollars.
On the news front, MINTH GROUP recently announced that its subsidiary, Jingque Industry, has received an order from a Taiwanese AI server manufacturer for the design, development, and production of AI server immersion liquid cooling cabinets according to the customer's specifications. As of the announcement date, Jingque Industry has successfully completed technical verification for the immersion liquid cooling cabinets for the customer. The related products are expected to be delivered in batches starting from mid-November 2025. Additionally, as of the announcement date, the Group has also successfully completed technical verification for the splitter technology with another Taiwanese AI server liquid cooling system manufacturer and received related orders, with the first batch of products expected to be delivered by the end of December 2025.
Open source securities previously pointed out that the company is a leading global supplier of automotive exterior parts and body structural components, with four major product lines including plastic parts, metal and decorative components, aluminum components, and battery boxes, serving customers including globally renowned car manufacturers. The company's traditional business has shown steady growth, with the battery box business benefiting from the growth of electric vehicles in Europe, potentially contributing to profit elasticity. The company has established a comprehensive global production capacity layout and built production barriers. In addition, the company is actively exploring new growth opportunities in the low-altitude, Siasun Robot & Automation, AI liquid cooling, and other new fields, which could lead to a third growth curve.
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The Pacific Shpping (02343) spent 26.09 million Hong Kong dollars on November 4 to repurchase 10 million shares.

Shandong Jinjing Science & Technology Stock (600586.SH) has repurchased a total of 20.7979 million shares, completing the buyback plan.

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