Angelalign Technology hits over 3-year high on robust earnings outlook
03/08/2026 04:50
BUZZ-Angelalign Technology hits over 3-year high on robust earnings outlook ** Shares of Angelalign Technology 6699.HK jump 21.4% to HK$97, their highest level since April 2023
** Stock jumps most since debuting in June 2021
** The clear aligner solutions provider, with current market capitalisation of $2.08 bln, expects its H1 net profit to increase 69.0%-78.9% y/y to $24 mln-$25.4 mln, and expects revenue to grow 41.9%-43.1% y/y to $229 mln-$231 mln
** Angelalign, which provides dental professionals and patients with comprehensive digital orthodontic solutions, says doctors in diverse segments moved towards clinically proven aligners, benefiting the company
** YTD, stock up 68.7%, Hang Seng TECH Index .HSTECH down 11.7%
($1 = 7.8424 Hong Kong dollars)
(Reporting by Donny Kwok)
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