Angelalign Technology hits 4-1/2-month high on robust H1 forecast

Angelalign Technology

06/08/2025 03:05

** Shares of orthodontic solutions provider Angelalign Technology Inc 6699.HK soar 24.9% to HK$71.4, their highest since March 20, and on course for third consecutive session of gains

** Stock set for the biggest one-day pct rise since debut  in June 2021, if gains hold; fourth biggest pct gainer on the Hong Kong bourse

** Company, with current market capitalisation of $1.47 bln, expects its H1 net profit to jump 538.1%-604.8% y/y to $13.4 mln-$14.8 mln range as its China business benefited from pricing adjustments while non-China revenue continued to grow

** Hang Seng Commerce & Industry Index .HSNC eases 0.2%,  benchmark Hang Seng Index .HSI slips 0.1%

** YTD, stock up 14.5%

($1 = 7.8496 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))