VSTECS (00856) Shareholders Transfer Shares from HSBC to UBS Securities Hong Kong Limited, Transfer Value Reaches HK$506 Million

Stock News10-06

According to the latest information from the Hong Kong Stock Exchange, on October 3rd, VSTECS (00856) shareholders transferred their shares from The Hongkong and Shanghai Banking Corporation to UBS Securities Hong Kong Limited, with a transfer market value of HK$506 million, representing 3.36% of the company's shares.

VSTECS began establishing partnerships with cloud service providers including Microsoft, Alibaba Cloud, Amazon, Huawei, and VMware starting in 2015. In 2020, the company acquired Yunxing Data (now renamed Jiajie Yunxing), a software technology company specializing in cloud management and AI computing scheduling operations. In Southeast Asia, the company serves as NVIDIA's strategic partner, facilitating the implementation of multiple key projects. The group's subsidiary Jiajie Yunxing operates as a software supplier for Huawei Cloud.

On August 21st this year, at Zhiyuan Robotics' inaugural partner conference, VSTECS officially announced a significant partnership with Zhiyuan Robotics, becoming the company's official platform-based Value-Added Partner (VAP). This collaboration marks the company's first foray into the embodied intelligence sector.

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