HK Stock Market Move | SHOUCHENG (00697) rises nearly 6%, multiple humanoid Siasun Robot & Automation products debut at the shareholders' meeting, the company continues to increase investment in Siasun Robot & Automation industry.
Shou Cheng Holdings (00697) rose nearly 6% in the afternoon, as of press time, up 4.4% to HK$1.66, with a turnover of HK$28.3199 million.
SHOUCHENG (00697) rose nearly 6%, as of the press, up 4.4% to HK$1.66, with a turnover of HK$28.3199 million.
On the news front, on April 30, SHOUCHENG successfully held a shareholder meeting in Hong Kong, where its invested Siasun Robot & Automation ecological enterprises - Yushu Technology, Xinghai Map, Galaxy General, Songyan Power, etc. showcased the cutting-edge Siasun Robot & Automation products in Hong Kong for the first time. Chairman of the board of SHOUCHENG, Zhao Tianyang, stated that 2025 is a key year for mass production of humanoid Siasun Robot & Automation, and leading companies may exceed one thousand units. SHOUCHENG has been investing in the Siasun Robot & Automation industry for over 5 years, with a long-term patient capital investment strategy and no intention of exiting in the short term, believing in long-term returns. Currently, the return rate of SHOUCHENG's Siasun Robot & Automation Fund has reached three times.
In addition, SHOUCHENG recently announced that its indirect wholly-owned subsidiary, Shoujing Investment, signed a partnership agreement with China Life Insurance, Caixin Life, Chuangchi Enterprise Management, and the indirect wholly-owned subsidiary, Beijing Langjia, with Guoshou Real Estate, to establish a partnership focusing on investing in public REITs. It is reported that SHOUCHENG is the largest industrial investor in the field of Chinese REITs, and is also one of the first participants in public REITs in China.
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