HK Stock Market Move | FORTIOR(01304) rose more than 6%, intending to subscribe to 31.746% of Huaxin Hongxin's assets with a capital contribution of 50 million yuan.

FORTIOR (01304) rose more than 6%, as of the time of writing, it increased by 4.31% to HKD 113.7, with a trading volume of HKD 9.1779 million. On the news front, on April 10, FORTIOR announced that it will further expand its industrial investment layout with the help of professional investment institutions, leveraging their resources and expertise. The company aims to seize investment opportunities in the innovation and application fields related to its industry, optimize its investment structure, and promote long-term development. As a limited partner, the company will use its own funds to subscribe for 31.7460% of the property share of Huaxin Hongxin with an investment of RMB 50 million. It is reported that Huaxin Hongxin is mainly engaged in investing in growth and mature period enterprises in the semiconductor industry, industrial, high-tech, electronic, and other fields related to the semiconductor industry chain (including software and service business). This investment synergizes with the company's main business of integrated circuit research and design. The main investment method of this partnership is equity investment, with a long investment cycle and low liquidity. The investment operation will be affected by various factors such as macroeconomics, industry policies, industry cycles, market environment, operation and management of investment targets, and transaction arrangements. There may be risks such as inability to achieve investment objectives, investment returns falling short of expectations, or losses.