1611.HK - Huobi Technology Holdings Limited

HKSE - HKSE Delayed Price. Currency in HKD
-0.220 (-4.41%)
At close: 3:59PM HKT
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Previous Close4.990
Bid4.770 x 0
Ask4.820 x 0
Day's Range4.730 - 4.980
52 Week Range2.900 - 7.210
Avg. Volume1,648,394
Market Cap1.457B
Beta (3Y Monthly)-1.73
PE Ratio (TTM)N/A
Earnings DateMar 27, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-06-02
1y Target EstN/A
  • Xi’s Blockchain Push Triggers Frenzy in China Technology Stocks

    Xi’s Blockchain Push Triggers Frenzy in China Technology Stocks

    (Bloomberg) -- Chinese investors snapped up every blockchain-related stock in sight after President Xi Jinping said Beijing wants to speed up development of the technology.The gains were widespread Monday, with Insigma Technology Co. and Sinodata Co. among more than 60 tech shares surging by the daily limit in Shanghai and Shenzhen. The excitement coincided with a 26% rally in Bitcoin, and also boosted stocks with more tenuous connections to blockchain, like baby-food producer Beingmate Co. and selfie-app developer Meitu Inc.Xi said China will increase investment in blockchain technology after chairing a study session last week on developing the industry, state-owned Xinhua reported late Friday. The market reaction shows how far an endorsement from Xi can go in China, where high-level officials on Monday began their first major policy meeting since early 2018.“Most of these companies, especially those that are just beginning to state their connection with blockchain today, are trying to take advantage of the hype,” said Li Shiyu, fund manager at Guangdong Xiaoyu Investment Management Co. “It shows how much excitement can be triggered by something stressed as a priority by the top man himself.”The Shenzhen Information Technology Index closed 5.3% higher on Monday, its biggest advance in eight months. Hundsun Technologies Inc., Easysight Supply Chain Management Co., YGSOFT Inc. and dozens more companies with officially registered blockchain businesses rose by the 10% limit.In Hong Kong, traders singled out Meitu due to its plans for an encrypted user-identification system. The shares surged as much as 30%. Pantronics Holdings Ltd. -- which earlier this month said it will change its name to “Huobi Technology”, a reference to a digital currency exchange -- rallied as much as 67%. American depositary receipts of Chinese blockchain companies also surged Friday.Investors pressured other firms to jump on the blockchain hype, using an online Q&A platform to submit thousands of questions on their plans to use the technology.“Please proactively make expansion plans in blockchain to jump on state policies -- doing so would be the best reward to investors,” urged one shareholder of development-store operator Hunan Friendship & Apollo Commercial Co.\--With assistance from Ryan Lovdahl.To contact Bloomberg News staff for this story: April Ma in Beijing at ama112@bloomberg.netTo contact the editor responsible for this story: Sofia Horta e Costa at shortaecosta@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Huobi Group Founder Leon Li Named Pantronics' Chairman of Board of Directors, Executive Director & CEO
    PR Newswire

    Huobi Group Founder Leon Li Named Pantronics' Chairman of Board of Directors, Executive Director & CEO

    The name of Pantronics is also proposed to change as Huobi Technology Holdings Limited. HONG KONG , Sept. 10, 2019 /PRNewswire/ -- Huobi Group Founder and CEO Leon Li has been named CEO, Chairman of the ...

  • Reuters

    BRIEF-Pantronics Holdings Sees A Loss For Six Months

    May 6 (Reuters) - Pantronics Holdings Ltd: * EXPECTED TO RECORD A LOSS FOR SIX MONTHS * EXPECTED LOSS IS MAINLY ATTRIBUTABLE TO A ONE-OFF TAX EXPENSE OF GROUP Source text for Eikon: Further company coverage:...

  • Reuters

    BRIEF-Pantronics Holdings Appoints Lan Jianzhong As Executive Director

    Feb 22 (Reuters) - Pantronics Holdings Ltd: * HUO LI RESIGNS AS AN EXECUTIVE DIRECTOR * APPOINTED LAN JIANZHONG AS AN EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage:

  • Why We’re Not Impressed By Pantronics Holdings Limited’s (HKG:1611) 2.8% ROCE
    Simply Wall St.

    Why We’re Not Impressed By Pantronics Holdings Limited’s (HKG:1611) 2.8% ROCE

    Today we'll evaluate Pantronics Holdings Limited (HKG:1611) to determine whether it could have potential as an investment idea. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in Read More...