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HKG:0425

4 stories mentioning HKG:0425Updated 1d ago

Every FINWIRES story that references HKG:0425, newest first.

Asia

Minth Group Starts Construction of $430 Million Alabama Plant

Minth Group (HKG:0425) broke ground on a new manufacturing campus in Gadsden, Alabama, marking the start of a project expected to attract $430 million in phased investment, according to a Thursday Hong Kong bourse filing.The automotive parts supplier said the facility will be built on a 400-acre site and is expected to create more than 1,300 jobs once fully operational.The first phase of the project is scheduled to begin production in 2027.Minth said the campus will strengthen its manufacturing footprint in the U.S. and support localized production for customers across its automotive parts business.

HKG:0425
Research

Bocom International Starts Minth Group at Buy with HK$63.93 Price Target

Minth Group (HKG:0425) has an average rating of buy and mean price target of HK$48.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

HKG:0425
Asia

Market Chatter: Chinese Companies to Invest 940 Million Euros in AI, Cars in Serbia

Chinese companies will invest an additional 940 million euros into Serbia, beginning in July, Bloomberg reported Wednesday, citing President Aleksandar Vucic.Companies with investment agreements include Minth Group (HKG:0425), Shandong Linglong Tyre (SHA:601966), Changzhou Xingyu Automotive Lighting Systems (SHA:601799), Yusei Holdings (HKG:0096), Shanghai AgiBot Innovation Technology, Weichai Power (HKG:2338, SHE:000338), Zhejiang EV-Tech, Jiangsu Reliance Energy, and China Construction Fourth Engineering Division, the report said.The investments will go to auto parts production, humanoids, energy, and artificial intelligence projects, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSEHKG:0096HKG:0425HKG:2338SHA:601799SHA:601966SHE:000338
Asia

Minth Group to Partner With Taiwanese Firm on Robotics

Minth Group (HKG:0425) plans to establish a long-term joint venture with Taiwan's Mirle Automation (TPE:2464) to advance research into intelligent robots and robotic dogs, the company said in a Hong Kong bourse filing Monday.The firm entered into a framework agreement with Mirle to set the preliminary terms of the partnership, which would include establishing one or more JV companies in Taiwan.Minth said it would hold 60% of the equity interests in the proposed JV, which could have an expected registered capital of NT$1 billion.The partnership is subject to definitive agreements.

HKG:0425TPE:2464

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