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Changes in Hong Kong stocks | Shoucheng Holdings (00697) rose more than 5%, and its funds invested in the key link of Shuoguang Precision Layout AI Computing Power Optical Interconnection
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The Zhitong Finance App learned that Shoucheng Holdings (00697) rose more than 5%. As of press release, it had risen 5.06% to HK$1.66, with a turnover of HK$676.74 million.

According to the news, Shoucheng Holdings announced today. Recently, funds managed by a company under Shoucheng Capital, which belongs to the group, invested in Shenzhen Shuoguang Precision Technology Co., Ltd. This investment will effectively enable the invested enterprises to build complete standardized production bases, expand and upgrade core production capacity, and comprehensively accelerate the large-scale implementation process of the industry. According to reports, Flickering Precision is a leader in laser precision manufacturing of high-end optical interconnection devices. With self-developed ultra-precision optical manufacturing systems, it specializes in high-value-added structured glass components for optical communication, and the overall technical level is in the leading position in the world.

Previously, the company had deployed a number of robotics and AI companies such as Yushu Technology, Galaxy GM, and Xinghaitu through a 10 billion industrial fund. The company said that in the future, it will unswervingly continue to increase its investment layout in cutting-edge technology, deepen strategic cooperation with high-quality enterprises in segmented fields, and actively lay out the underlying infrastructure and upstream core components of the artificial intelligence industry through capital empowerment and industrial collaboration.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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