HK Stock Market Move | FUTURE MACH LTD (01401) jumped nearly 45% in the closing session. The company has signed a memorandum of understanding with business partners from multiple countries and received orders of approximately 100 million US dollars.
Future Machinery Limited (01401) surged nearly 45% in the last trading session. As of the time of writing, it has increased by 41.67% to reach HK$1.19 per share, with a turnover of HK$150.561 million.
FUTURE MACH LTD (01401) rose nearly 45% in the final period, hitting a 41.67% increase at the time of the report, reaching 1.19 Hong Kong dollars, with a turnover of 15.0561 million Hong Kong dollars.
On the news front, FUTURE MACH LTD announced that between October 2025 and January 2026, it has signed 9 Memorandums of Understanding with reputable telecommunications and mobile distribution companies in the United Arab Emirates, the People's Republic of Bangladesh, the Republic of India, the Republic of Sri Lanka, and Turkey. This cooperation is of great significance for the company's international marketing strategy, transforming its traditional ODM model to overseas market output of comprehensive solutions, marking a crucial step forward.
According to the Memorandums of Understanding, all parties will leverage their strengths and resources to achieve full cooperation, seizing business opportunities and developing common intellectual property. In addition, the company will supply mobile phones and smart devices to assist business partners in promoting product brands and expanding market share in the relevant regions. As of the date of this announcement, business partners have placed orders for 1.5 million mobile phones, with a total contract value of approximately 100 million US dollars.
Related Articles

Software crashed together? Roblox (RBLX.US): It has an ecological closed-loop, Genie can't break.

Industrial: Hong Kong stock market sentiment index has reached the bottom area.

"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"
Software crashed together? Roblox (RBLX.US): It has an ecological closed-loop, Genie can't break.

Industrial: Hong Kong stock market sentiment index has reached the bottom area.

"The 'Chinese Choice' for Global SiC Core Customers: Why TIANYU SEMI (02658)?"

RECOMMEND

Nine Companies With Market Value Over RMB 100 Billion Awaiting, Hong Kong IPO Boom Continues Into 2026
07/02/2026

Hong Kong IPO Cornerstone Investments Surge: HKD 18.52 Billion In First Month, Up More Than 13 Times Year‑On‑Year
07/02/2026

Over 400 Companies Lined Up For Hong Kong IPOs; HKEX Says Market Can Absorb
07/02/2026


