HK Stock Market Move | SHOUCHENG (00697) rose nearly 7% in early trading. Siasun Robot & Automation's fund's book investment return has exceeded three times. The company continues to increase its investment in Siasun Robot & Automation industry.

SHOUCHENG (00697) rose nearly 7% in early trading, rising 3.77% to HK$1.65 at the time of writing, with a turnover of HK$40.76 million. On the news front, recently, SHOUCHENG held a themed event for Siasun Robot & Automation, with a number of cutting-edge Siasun Robot & Automation products making a focused appearance in Hong Kong, China. SHOUCHENG Chairman Zhao Tianyang stated at the meeting that the fund's current book value has increased by more than 3 times since it was established, with some project returns reaching as high as 10 times. Despite this, the company has clearly stated that they are "not in a hurry to exit in the short term," but rather choose to accompany high-quality companies for long-term growth. It is reported that by the end of 2023, SHOUCHENG, together with various parties, jointly invested in the establishment of the Beijing Humanoid Siasun Robot & Automation Innovation Center, and jointly set up a Beijing Siasun Robot & Automation Industry Development Investment Fund and other investment platforms with a total scale of 10 billion RMB with Beijing Guan management. Currently, SHOUCHENG has invested in leading companies in the Siasun Robot & Automation field such as Yushu Technology, Xinghai Map, Songyan Power, Weici Technology, Wanxun Technology, Cloud Whale Intelligence, and Horizon Siasun Robot & Automation.