HK-listed Shoucheng jumps on investment in aerial robotics firm

Shoucheng Holdings

14/05/2025 05:19

** Shares of infrastructure asset management group Shoucheng Holdings 0697.HK jump 8.2% to HK$1.72, their highest since March 12

** Stock set for the biggest one-day pct gain since April 14

** Co says its unit-managed Beijing Shoudaxingye Fund has invested in aerial robotics firm Differential Robotics Technology, which focuses on developing a general-purpose autonomous aerial robotics platform

** "This strategic move will further accelerate innovation in the field of embodied intelligence for aerial robotics and promote the intelligent evolution of swarm aerial robots" - Co

** Hang Seng Commerce & Industry Index .HSNC rises 1.5%, Hang Seng Index .HSI adds 1.4%

** YTD, stock up 51.3%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))