Guoxia Technology jumps most in nearly 10 weeks after Siemens deal

Guoxia Technology

11/09/2026 02:51

** Shares of Guoxia Technology 2655.HK jump 13.9% to HK$17.98, their biggest intraday pct rise since July 6 
** Stock of the Chinese energy storage system solutions and products developer hits its highest level since August 21 
** Guoxia says it has entered into a strategic cooperation agreement with Siemens Ltd., China, integrating the company's capabilities in AI enabled full-scenario energy storage system research and development, smart energy operation, among others,  with the capabilities of Siemens
** The parties will establish cooperation relationship in the fields of electrical intelligence, digitalization and decarbonization in China and overseas markets with an aim of entering into a long-term cooperation relationship, says Guoxia
** YTD, Guoxia stock down 55.8%, Hang Seng TECH Index .HSTECH down 22.7%



 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))