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HKG:9927

7 stories mentioning HKG:9927Updated 6d ago

Every FINWIRES story that references HKG:9927, newest first.

Asia

Seres Group's Sales Decline 44% in July

Seres Group's (HKG:9927, SHA:601127) sales and output fell 44.4% and 40.7%, respectively, year over year to 26,679 units and 27,572 units in July.Of the total, new energy vehicle sales declined 45.7% to 24,229 units and output fell 44.5% to 24,577 units, according to a Monday filing with the Hong Kong bourse.For the first seven months of 2026, sales of the automobile manufacturer fell 9.5% to 223,259 units, and production declined 10.2% to 223,642 units.

HKG:9927SHA:601127
Asia

Seres Group Shareholder to Boost Stake

Seres Group (SHA:601127, HKG:9927) controlling shareholder Chongqing Xiaokang plans to boost its stake by between 150 million yuan and 300 million yuan over the next six months via open-market purchases.Chongqing Xiaokang currently holds a 22.99% stake in the vehicle maker, according to a Monday filing with the Shanghai bourse.Shares of Seres Group fell 3% in recent trade.

HKG:9927SHA:601127
Asia

Hong Kong Stocks Weather Middle East Tensions; Seres Slips on Loss Forecast

Hong Kong stocks closed modestly higher Monday as investors looked past escalating tensions in the Middle East despite a renewed surge in oil prices and inflation concerns.The Hang Seng Index rose 0.2%, or 38.60 points, to close at 24,213.72, while the Hang Seng China Enterprises Index gained 0.3%, or 26.78 points, to finish at 8,065.97.Oil prices jumped more than 4% after renewed U.S. and Iranian military strikes heightened concerns over potential disruptions to global energy supplies.The U.S. military said it struck multiple targets in Iran on Sunday, while Iran's Revolutionary Guards said they attacked U.S. military bases in Kuwait and Bahrain.President Donald Trump said the Strait of Hormuz remained open to commercial shipping, although Tehran maintained it had closed the vital waterway.In corporate news, Seres (SHA:601127, HKG:9927) closed nearly 14% lower after forecasting a first-half swing to a loss.Meanwhile, Man Shun (HKG:1746) advanced 20% after its controlling shareholders signed a letter of intent to sell their 75% stake to a potential buyer.

Hang SengHKG:1746HKG:9927SHA:601127
Asia

Seres Forecasts Swing to Loss in H1

Seres (SHA:601127, HKG:9927) expects to incur a net loss attributable to shareholders of 1.50 billion yuan to 1.80 billion yuan for the first half of 2026, compared with a net profit of 2.94 billion yuan a year earlier, according to a Sunday filing with the Hong Kong bourse.The expected loss was mainly due to higher production costs driven by rising prices of memory chips, industrial metals and lithium carbonate, as well as asset carrying value adjustments related to technological upgrades and vehicle model iterations, the automaker said.

HKG:9927SHA:601127
Asia

Seres Group's Sales, Output Slide in June

Seres Group's (SHA:601127, HKG:9927) sales and output fell 28% and 29%, respectively, year over year to 36,194 units and 35,611 units in June.Of the total, new energy vehicle sales and output fell 27% each to 33,669 units and 33,685 units, respectively, according to a Wednesday filing with the Hong Kong bourse.For the first half of 2026, sales and production dropped a respective 1% and 3.2% to 196,580 and 196,070.

HKG:9927SHA:601127
Asia

Seres Production, Sales Slide in May

Seres Group's (SHA:601127, HKG:9927) sales fell 17% year over year to 36,480 units in May, according to a Tuesday filing with the Shanghai bourse.New energy vehicle sales fell 16% to 33,476 units.Production slid 18% to 36,583 units. NEV production declined 15% to 34,233 units.Shares of the automotive manufacturer rose nearly 2% in Shanghai and Hong Kong during recent trade.

HKG:9927SHA:601127
Asia

Seres Group's Vehicle Sales, Output Slide in April

Seres Group (SHA:601127, HKG:9927) sold 35,461 vehicles in April, down 0.8% from a year earlier.Output for the month slipped 4.2% year over year to 37,167 units, the vehicle maker said Tuesday in a Hong Kong bourse filing.For the four months ended April 30, group sales and output were up 19% and 15.4%, respectively, to 123,906 vehicles and 123,876 units.

HKG:9927SHA:601127

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