HKG:6613

5 stories mentioning HKG:6613

Every FINWIRES story that references HKG:6613, newest first.

Lens Technology Moves to Acquire Ju Teng International

Lens Technology (HKG:6613, SHE:300433) is offering to acquire Ju Teng International (HKG:3336) for HK$2.20 per share in cash following a deal to build a substantial stake in the business, according to a Monday filing with the Hong Kong bourse.Shares of the notebook casing maker fell over 22% in Tuesday morning trade. Shares of Lens Technology fell nearly 1%.Lens Technology agreed to acquire 333.7 million shares of the company from Cheng Li-Yu and individuals and entities associated with the Ju Teng chief executive for HK$2.20 per share, or HK$734.2 million in total.The shares to be acquired represent 27.81% of Ju Teng, and Lens Technology has offered to acquire the rest of the business on the same terms, conditional upon completion of the share purchase.Ju Teng said it had set up an independent board committee to advise shareholders on the offer.

HKG:3336HKG:6613SHE:300433

Asia56d ago

Lens Technology Says Shareholder to Increase Stake

Lens Technology (HKG:6613, SHE:300433) said an entity owned by its de facto controllers plans to increase its shareholding in the business, according to a Hong Kong bourse filing Friday.Shares of the electronic components maker gained over 3% in Hong Kong morning trade Monday.Changsha Qunxin Investment Consulting, which owns 288 million A shares representing 5.46% of the business, plans to buy more shares from the open market within 12 months.Qunxin Investment will allocate at least 100 million yuan to buy shares.

HKG:6613SHE:300433

Asia59d ago

Jefferies Adjusts Lens Technology's Price Target to HK$19 from HK$31, Keeps at Hold

Lens Technology (HKG:6613) has an average rating of overweight and mean price target of HK$34.75, 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://www..com/contact-us)

HKG:6613

Asia60d ago

Hong Kong Stocks Gain as Easing Geopolitical Tensions, Strong China Data Lifts Sentiment; Sigenergy Technology Shines on Debut

Hong Kong equities advanced on Thursday as improving sentiment around a potential de-escalation in the Middle East and stronger-than-expected first-quarter economic data from China supported the market.The Hang Seng Index gained 446.94 points, or 1.7%, to close at 26,394.26, while the Hang Seng China Enterprises Index added 186.85 points, or 2.1%, to 8,905.11.Optimism grew that the Middle East conflict may be nearing a turning point, as Pakistani mediation and signals from the Trump administration pointed to progress toward a deal that could reopen the Strait of Hormuz.China's economy expanded 5% year-on-year in the first quarter, beating market expectations, official data showed.Meanwhile, the country's crude oil throughput fell 2.2% year-on-year in March as the Iran conflict curbed refinery activity, while domestic crude output reached a record high.In corporate news, Sigenergy Technology (HKG:6656) made its debut in Hong Kong, closing over 103% higher at HK$659.50, compared with the offer price of HK$324.20.Lens Technology (HKG:6613, SHE:300433) slipped nearly 13% after booking a loss in the first quarter of 2026.

Hang SengHKG:6613HKG:6656SHE:300433

Asia60d ago

Lens Technology Books Q1 2026 Loss

Lens Technology (HKG:6613, SHE:300433) booked 149.6 million yuan in attributable loss for the first quarter of 2026, compared to a profit of 428.9 million yuan a year earlier, according to a Hong Kong bourse filing Wednesday.Shares of the electronic components maker fell over 15% in Hong Kong morning trade Thursday.Loss per share was 0.0284 yuan, compared with earnings of 0.0863 yuan in the prior year.Operating income fell 17% year on year to 14.14 billion yuan, figures showed.

HKG:6613SHE:300433