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Home > Latest

Shenghong Technology Hong Kong stock surges more than 11%

date
26/05/2026
Sheng Hong Technology rose 11.25% in Hong Kong stocks, reporting 449.00 Hong Kong dollars.
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According to the China Trade Remedies Information website, on May 21, 2026, the US Department of Commerce announced that it would initiate anti-dumping and countervailing investigations on fixed and portable air compressors imported from China, Malaysia, and Vietnam in response to an application submitted by the American company MAT Industries, LLC. This case mainly involves products under US customs codes 8414.80.1615, 8414.80.1625, 8414.80.1635, and 8414.80.1685. According to US statistics, in 2025, the amount of products involved in the case imported from China was approximately $160 million, from Malaysia was approximately $39.4 million, and from Vietnam was approximately $79.71 million.
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