Movement Alert｜Master Kong Holdings Rises 3.14% in Regular Trading, Partners with Hikvision to Advance Digital Transformation

Market Focus06-02

On June 2, Master Kong Holdings rose 3.14% in regular trading, trading at HKD 12.79/share, with trading volume of HKD 202 million.

On the news front, Master Kong recently signed a strategic cooperation agreement with Hikvision at its Sustainable Development Ecosystem Conference. The two parties will integrate Master Kong's FMCG industry expertise with Hikvision's core technologies in IoT sensing, artificial intelligence, and big data to jointly advance digital construction in smart industrial parks, intelligent manufacturing, and ESG management. The collaboration aims to build a benchmark smart factory for the FMCG industry, with Hikvision providing full-lifecycle smart park solutions covering comprehensive management, fire safety control, and emergency response scenarios.

Additionally, southbound capital has been a net buyer of Master Kong shares on 19 out of the past 20 trading days, accumulating over 64.57 million shares, raising its holding ratio to 7.28%. This persistent institutional buying has provided sustained support to the share price.

(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.)

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.

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