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SUNeVision Holdings' (HKG:1686) Returns Have Hit A Wall
SUNEVISION (01686.HK) has appointed Chen Zhenguang as an independent non-executive Director.
Gelonghui, April 15: SUNEVISION (01686.HK) announces: 1. Liu Ruohong has resigned as the company's non-executive director, effective from April 15, 2025; 2. Liao Jiajun has been reassigned from independent non-executive director to non-executive director, effective from April 15, 2025; and 3. Chen Zhenguang has been appointed as the company's independent non-executive director and a member of the Board of Directors' nomination committee, both effective from April 15, 2025.
[Brokerage Focus] Open Source Securities initially gives SUNEVISION (01686) a "Buy" rating, indicating that the company is entering a new cycle of capacity expansion.
Jinwu Financial News | According to a Research Report issued by Kylin Securities, SUNEVISION (01686) has been deeply engaged in the IDC Industry in Hong Kong, China for 25 years, possessing Asia's top internet interconnection services. The major Shareholder, SHK PPT, is one of the largest property developers in Hong Kong, providing the company with multiple advantages in land, Electrical Utilities, financing, and engineering. Based on IDC square footage, in the first half of 2024, the company's market share in the Hong Kong IDC market is estimated to be about 33%. By the end of 2024, the company will have operated eight Datacenters, with an operational IT Electrical capacity of 103MW and a utilization rate of 88%.
Hong Kong stocks move | DeepSeek Concept stocks decline, SUNEVISION (01686) drops nearly 6%, TUYA-W (02391) falls over 5%.
DeepSeek Concept stocks have declined. As of the time of writing, SUNEVISION (01686) is down 5.87%, trading at 7.05 HKD; TUYA-W (02391) is down 5.3%, trading at 25 HKD; CHINA TELECOM (00728) is down 4.1%, trading at 5.62 HKD.
Express News | Sunevision Holdings H1 Operating Income HKD 752 Million
Express News | Sunevision Holdings H1 Ebitda Margin 72%
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