Movement Alert|OSHIDORI Rises 5.17% in Regular Trading, AI Strategic Investor Deal Remains in Focus

Market Focus10-23

On October 23, OSHIDORI rose 5.17% in Regular Trading, with the shares trading at HK$3.16 and turnover reaching HK$226 million.

The move appears linked to continued market focus on the company’s recently announced transaction to bring in AI strategic investor Terminus and accelerate its entry into the AI industry.

The company disclosed that it would issue 1.18 billion new shares at HK$2.70 per share to Nova Scope Ventures Limited for consideration of about HK$3.186 billion. After completion, Nova Scope Ventures Limited will hold 14.53% of OSHIDORI, while OSHIDORI will indirectly hold about 49.60% of Terminus Shanghai. The investment was described as a long-term major investment and a strategic opportunity to quickly enter the AI sector, with both parties planning deeper collaboration around industrial and technology capabilities. Earlier disclosures also showed first-half adjusted net profit of HK$292 million, up 207.8% year over year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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