On October 27, ILUVATAR COREX rose 4.43% intraday in Regular Trading, trading at HK$76.05, with turnover of HK$14.14 million.
The move followed the company’s disclosure that it had obtained combined bank credit facilities of more than RMB12 billion from multiple banks, covering working capital loans, bankers’ acceptances, letters of credit, guarantees and trade finance.
The company said the facilities can be used on a revolving basis during their valid terms, and that more than 80% of the total amount remained undrawn at the disclosure date. The update points to stronger funding flexibility and liquidity support for business expansion.
Recent operating momentum has also provided context for investor sentiment. In the first half, revenue reached RMB946 million, up 191.6% year over year, while adjusted net profit was RMB246 million, compared with a loss a year earlier, reflecting a turnaround as its computing products continued to scale.
(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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