HK Stock Market Move | DAISHOMICROLINE(00567) rose by over 20% and is planning to change its name to "Jin'anju Intelligent Technology Group".
Dachang Microline Group (00567) surged more than 20% this morning and was up 9.68% at the time of publication, trading at 0.34 Hong Kong dollars, with a turnover of 1.2398 million Hong Kong dollars.
DAISHOMICROLINE (00567) surged over 20% early this morning. As of the time of writing, it has risen by 9.68% to HKD 0.34, with a trading volume of HKD 1.2398 million.
On the news front, on the evening of April 24th, DAISHOMICROLINE announced that it is proposing to change its English name from "Daisho Microline Holdings Limited" to "Jsmart Technologies Group Limited", and to register its Chinese name in Bermuda as "" as the company's second name, replacing the current Chinese name "DAISHOMICROLINE Limited" which is only used for identification purposes. The announcement stated that the company is actively expanding its business and entering the artificial intelligence (AI) and robotics industries. The board of directors believes that the proposed name change will better reflect the current focus of the group's business and its new strategic development direction.
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