HK Stock Market Move | FORTIOR(01304) rose more than 4%, intending to acquire property in Shenzhen Nanshan District for 710 million yuan, implementing the company's long-term strategic development goals.

FORTIOR (01304) rose more than 4%, at the time of publication, it rose by 3.92%, to 130 Hong Kong dollars, with a turnover of 147.853 million Hong Kong dollars. In terms of news, FORTIOR announced that on December 25, 2025, the board of directors reviewed and approved an agreement with the seller (Shenzhen Qianhai Shekou Inspur Industrial Co., Ltd.) on roughly the same terms, under which the company agreed to purchase and the seller agreed to sell a property for a price of 710 million yuan. The property includes the entire building of Runrong Mansion (Phase II), located on unit 02 of Block T102-0482 on Ma Wan 15th Street, Qianhai-Shekou Cooperation Zone, Nanshan District, Shenzhen, for office and commercial use. The total construction area of the property is approximately 25,204.97 square meters, including 23,669.54 square meters of office units and 1535.43 square meters of commercial units. The proposed acquisition is a prudent decision made by the company based on its long-term development plan and market prospects, which are in line with the company's future development needs. As the property is intended for the group's research and development and office use, the construction of the newly acquired property will improve the working and research environment, meet the expansion demand due to the company's future growth, retain and attract high-end talents, further enhance the company's overall competitiveness, and lay a solid foundation for the company's long-term development. This move aligns with the company's strategic development goals.