HK Stock Market Move | ZCZL Industrial Technology Group (00564) has risen over 4% recently and plans to issue convertible bonds to raise funds of up to 4.35 billion yuan for research and development in smart manufacturing.

11:22 03/02/2026

Zhongchuang Zhilin (00564) rose more than 4%, as of the time of publication, it rose 3.72% to HK$22.28, with a turnover of HK$33.3967 million.

ZCZL Industrial Technology Group (00564) rose more than 4%, as of the time of writing, it rose 3.72%, at 22.28 Hong Kong dollars, with a turnover of 333.967 million Hong Kong dollars. On the news front, recently, ZCZL Industrial Technology Group announced that the company plans to issue A-share convertible corporate bonds to unspecified objects. The total amount of funds raised for this issuance of A-share convertible bonds shall not exceed RMB 4.35 billion (including RMB 4.35 billion). The A-share convertible bonds to be issued this time will be issued at face value, with a face value of RMB 100 per bond. The net proceeds from this issuance of convertible bonds are intended to be used for investment in the new energy vehicle high-end component industrial base project, the high-end hydraulic component production system intelligent upgrade project, the intelligent manufacturing full-scenario R&D center project, the intelligent mobile Siasun Robot & Automation manufacturing base project, and supplementary working capital.

Lyon: Maintain the "outperform" rating for MINIEYE (02431) with a target price of 23 Hong Kong dollars. No power enhancement in the field of unmanned logistics.

NISSIN FOODS (01475): Nissin's operating profit for the first three quarters in China business segment reached 5.672 billion Japanese yen, a year-on-year increase of 99.8%.

ROAD KING INFRA (01098): Hearing postponed for the liquidation application filed by a newly appointed wholly-owned subsidiary company.

Lyon: Maintain the "outperform" rating for MINIEYE (02431) with a target price of 23 Hong Kong dollars. No power enhancement in the field of unmanned logistics.

NISSIN FOODS (01475): Nissin's operating profit for the first three quarters in China business segment reached 5.672 billion Japanese yen, a year-on-year increase of 99.8%.

ROAD KING INFRA (01098): Hearing postponed for the liquidation application filed by a newly appointed wholly-owned subsidiary company.