HK-listed Q Technology soars on robust earnings outlook

Q Technology (Group) Co

15/01/2025 03:55

** Shares of camera modules maker Q Technology (Group) Co 
 1478.HK  jump 14% to HK$6.28, on course for the biggest one-day
pct rise since Aug. 13, 2024
    ** Stock hits highest since Jan. 7
    ** Co expects its 2024 net profit to increase by 200%-280%
Y/Y, helped by higher sales volume of its camera and fingerprint
recognition modules for use in smartphones, smart driving and
Internet of Things smart terminals
    ** Hang Seng Commerce & Industry Index  .HSNC  and Hang Seng
Tech Index  .HSTECH  each inch up 0.1%, while Hang Seng Index
 .HSI  gains 0.2%

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