HK-listed Sigenergy Technology jumps on robust H1 earnings estimates
31/07/2026 06:34
BUZZ-HK-listed Sigenergy Technology jumps on robust H1 earnings estimates ** Shares of Sigenergy Technology 6656.HK jump 9.1% in third straight session of rise to HK$310, highest since July 23
** Stock on track for the biggest one-day pct rise since June 29, if gains hold
** Chinese energy storage systems maker expects its H1 net profit to rise 190%-210% y/y to 2.35 bln yuan-2.45 bln yuan ($348.29 mln-$363.11 mln) with revenue up 240%-270% y/y to 9.5 bln yuan-10 bln yuan range
** Since debut on April 16, stock down 9% from the offer price of HK$324.20 apiece
** YTD, benchmark Hang Seng Index .HSI up 0.6%
($1 = 6.7472 Chinese yuan renminbi)
(Reporting by Donny Kwok)
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