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Geely Automobile (00175.HK) issued 22,500 shares due to the exercise of subscription rights.

08/09/2025

Shine Finance APP News, Geely Auto (00175.HK) announced that on September 8, 2025, 22,500 shares will be issued due to the exercise of subscription rights.

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SAIC Group and other investors have jointly established two auto sales and service companies.

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Small Commodity City (600415.SH) plans to establish a branch company of Global Digital Trade Center Hotel.

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According to Every On-chain AI Fast News, Dongguan Securities released a research report on September 8 giving a buy rating to Tianfu Communication (300394.SZ). The rating reasons mainly include: 1) Revenue growth in both active and passive product lines; 2) Continuously improving the company's core technological competitiveness through research and development; 3) The data center optical device market is expected to continue to rise. (Daily Economic News)

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Hang Seng Technology closed up 1.17%, Baidu surged over 9%, and Alibaba rose more than 4%.

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Hong Kong stocks continued to rise in the afternoon, with the Hang Seng Index closing up 0.85% and the Hang Seng Technology Index closing up 1.17%. Technology stocks were up across the board, with Baidu rising by over 9%. Roobo's second-quarter commercialized travel orders have achieved a year-on-year growth of 148%, demonstrating a clear leading advantage in the global autonomous driving market. Horizon Robotics saw a rise of over 7%, Alibaba rose by over 4%, while Pop Mart saw a decline of over 7%, dropping nearly 8.9% at one point, marking the largest drop in five months.

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