HK-listed Wasion climbs most in 2 weeks on securing new overseas contracts

Wasion Holdings

26/05/2026 06:23

** Shares of smart power meter manufacturer Wasion Holdings 3393.HK climb 4.5% to HK$24.78, on course for their biggest one-day pct gain since May 13 and snapping two straight sessions of falls

** Co says its unit has secured new overseas contracts worth over 1.6 bln yuan ($235.78 mln) so far in 2026, covering key infrastructure and related solutions for data centres and power distribution products

** Co, with market value of $3.28 bln, says the new orders will help enhance future revenue base, and will have a positive impact on its operating results for 2026

** YTD, stock up 42.6%, benchmark Hang Seng Index .HSI up 0.3%

($1 = 6.7859 Chinese yuan)

($1 = 7.8348 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))