HK Stock Market Move | WASION HOLDINGS (03393) rises by more than 5%, the company continues to expand overseas markets, and being included in the Hong Kong Stock Connect can accelerate the reflection of its valuation.

WASION HOLDINGS (03393) surged more than 5%, as of the time of publication, it rose by 5.49% to 29.22 Hong Kong dollars, with a turnover of 23.8793 million Hong Kong dollars. In terms of news, Willfar Information Technology announced that on March 19, Hungarian Ambassador to China, Bergynen, visited Willfar Information Technology. WASION HOLDINGS Executive Director and Chairman of Willfar Information Technology, Li Hong, hosted the visit and discussed the opportunities for cooperation in the digital energy field between China and Hungary, focusing on the digital Hungary 2025-2030 plan and technology implementation. In addition, WASION HOLDINGS recently secured a supply order from Brazilian power giant CEMIG, with a total value of about 2.06 billion Hong Kong dollars. China-Thailand International released a research report stating that several large American technology companies have announced increased capital spending in the AI business. As the company's smart metering business has already entered the US market, it is possible that its smart distribution business will also enter the US market. In addition, the company's inclusion in the Hong Kong-Guangdong Stock Connect can accelerate the reflection of its valuation.