Picture of Sun.King Technology logo

580 — Sun.King Technology News Story

0.000.00%
hk flag iconLast trade - 00:00
IndustrialsSpeculativeSmall CapNeutral

Sun.King rises most in 5 weeks on securing supply deal for wind power project

** Shares of power electronic components supplier Sun.King Technology Group 0580.HK rise 8% to HK$2.1, on course for their biggest one-day pct gain since Nov 13

** Sun.King says its unit has entered into a procurement agreement to supply NR Electric Co Ltd with power electronic components, for an offshore wind power project, for 142.6 mln yuan ($20.25 mln)

** Co says its unit will deliver the goods in batches in the first half of 2026

** YTD, stock up 41%, benchmark Hang Seng Index .HSI up 27.6%

($1 = 7.0409 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Recent news on Sun.King Technology

See all news