01304 Overview

Hong Kong Stock Market Performance: On the futures settlement day, the HSI rose by 267 points (1.05%) to 25,902, with a turnover of HKD139.669 billion.

Dobot's IPO Announcement: DOBOT's shares surged by 15.93% to HKD39.3 after announcing plans for an IPO of RMB ordinary shares and a listing on the Shenzhen Stock Exchange.

UBTECH Robotics Developments: UBTECH's stock increased by 9.37% to HKD130.7, with the CEO pledging not to sell his shares for 12 months and the company acquiring a 43% stake in FENGLONG for RMB1.665 billion.

Other Notable Stocks: SANHUA, JOHNSON ELEC, and FORTIOR also saw significant gains, with SANHUA up 12.59%, JOHNSON ELEC up 5.53%, and FORTIOR up 4.88%.

Stock Connect Adjustments: Shanghai and Shenzhen Stock Exchanges have updated their Southbound Stock Connect securities lists, effective today, adding FORTIOR (01304.HK) and LENS (06613.HK).

Market Impact: Both stocks experienced slight increases in value following the announcement, with FORTIOR up by 0.133% and LENS by 0.312%.