Minth hits five-year peak on aluminium parts JV in Canada

Toyota Tsusho

11/02/2026 04:38

** Shares of auto parts producer Minth Group 0425.HK climb 4% to HK$41.76, their fresh high since January 2021

** Stock set for a fourth session of gains

** Hong Kong-listed Minth said it would set up a joint venture with AISIN Corporation 7259.T and Toyota Tsusho 8015.T for producing aluminium body frame parts in Ontario, Canada

** Says the joint venture firm will aim at strengthening the supply system for aluminium body frame parts for vehicles in the North American market

** YTD, Minth shares up 27.1%, benchmark Hang Seng Index .HSI up 6.5%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))