FS.COM Surges Nearly 9% in Morning Session, Plans Up to HK$350 Million Share Buyback

Deep News06-11

Shares of FS.COM (03355) surged close to 9% during morning trading. At the time of writing, the stock was up 8.66%, trading at HK$32.38 with a turnover of HK$10.4071 million.

On the evening of June 10th, FS.COM announced its intention to fund an H-share repurchase using its own capital and/or raised funds. The company stated it will only utilize funds that are legally permissible for such purposes under its articles of association, listing rules, and applicable laws and regulations. The total amount earmarked for the buyback program is not expected to exceed HK$350 million.

For the first quarter of this year, FS.COM reported total revenue of RMB 787.4 million, representing a 24.6% increase compared to the same period last year. Revenue from its high-performance network solutions segment saw significant growth, rising 40.8% year-over-year. The company's adjusted net profit reached RMB 176.7 million, marking a substantial 72.2% increase from the prior year. FS.COM focuses on the research, development, and sales of comprehensive network solutions, continuing to serve a global client base that includes high-performance computing, data centers, enterprise networks, and telecommunications networks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131757940?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 11:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131757940","market":"sg","top_or_hot":-1,"title":"FS.COM Surges Nearly 9% in Morning Session, Plans Up to HK$350 Million Share Buyback","media":"Deep News","content":"<p>Shares of <b>FS.COM</b> (<b>03355</b>) surged close to 9% during morning trading. At the time of writing, the stock was up 8.66%, trading at HK$32.38 with a turnover of HK$10.4071 million.<br><br>On the evening of June 10th, <b>FS.COM</b> announced its intention to fund an H-share repurchase using its own capital and/or raised funds. The company stated it will only utilize funds that are legally permissible for such purposes under its articles of association, listing rules, and applicable laws and regulations. The total amount earmarked for the buyback program is not expected to exceed HK$350 million.<br><br>For the first quarter of this year, <b>FS.COM</b> reported total revenue of RMB 787.4 million, representing a 24.6% increase compared to the same period last year. Revenue from its high-performance network solutions segment saw significant growth, rising 40.8% year-over-year. The company's adjusted net profit reached RMB 176.7 million, marking a substantial 72.2% increase from the prior year. <b>FS.COM</b> focuses on the research, development, and sales of comprehensive network solutions, continuing to serve a global client base that includes high-performance computing, data centers, enterprise networks, and telecommunications networks.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FS.COM Surges Nearly 9% in Morning Session, Plans Up to HK$350 Million Share Buyback</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFS.COM Surges Nearly 9% in Morning Session, Plans Up to HK$350 Million Share Buyback\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-06-11 11:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of <b>FS.COM</b> (<b>03355</b>) surged close to 9% during morning trading. At the time of writing, the stock was up 8.66%, trading at HK$32.38 with a turnover of HK$10.4071 million.<br><br>On the evening of June 10th, <b>FS.COM</b> announced its intention to fund an H-share repurchase using its own capital and/or raised funds. The company stated it will only utilize funds that are legally permissible for such purposes under its articles of association, listing rules, and applicable laws and regulations. The total amount earmarked for the buyback program is not expected to exceed HK$350 million.<br><br>For the first quarter of this year, <b>FS.COM</b> reported total revenue of RMB 787.4 million, representing a 24.6% increase compared to the same period last year. Revenue from its high-performance network solutions segment saw significant growth, rising 40.8% year-over-year. The company's adjusted net profit reached RMB 176.7 million, marking a substantial 72.2% increase from the prior year. <b>FS.COM</b> focuses on the research, development, and sales of comprehensive network solutions, continuing to serve a global client base that includes high-performance computing, data centers, enterprise networks, and telecommunications networks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03355","symbol_name":"飞速创新","start_time":0,"source_url":"","article_id":"1131757940","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131757940","pubTimestamp":1781149242,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Shares of FS.COM (03355) surged close to 9% during morning trading. At the time of writing, the stock was up 8.66%, trading at HK$32.38 with a turnover of HK$10.4071 million.On the evening of June...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03355":"飞速创新","BK1149":"通信设备"},"translate_title":"FS.COM早盘大涨近9%拟回购至多3.5亿港元股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03355":1},"content_text":"Shares of FS.COM (03355) surged close to 9% during morning trading. At the time of writing, the stock was up 8.66%, trading at HK$32.38 with a turnover of HK$10.4071 million.On the evening of June 10th, FS.COM announced its intention to fund an H-share repurchase using its own capital and/or raised funds. The company stated it will only utilize funds that are legally permissible for such purposes under its articles of association, listing rules, and applicable laws and regulations. The total amount earmarked for the buyback program is not expected to exceed HK$350 million.For the first quarter of this year, FS.COM reported total revenue of RMB 787.4 million, representing a 24.6% increase compared to the same period last year. Revenue from its high-performance network solutions segment saw significant growth, rising 40.8% year-over-year. The company's adjusted net profit reached RMB 176.7 million, marking a substantial 72.2% increase from the prior year. FS.COM focuses on the research, development, and sales of comprehensive network solutions, continuing to serve a global client base that includes high-performance computing, data centers, enterprise networks, and telecommunications networks.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131757940","isCrawlerRequest":true}