BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm

Reuters02-24

** Shares of Shoucheng Holdings 0697.HK, which manages private funds and operates car parking asset, jump 10.1% to HK$1.97, their highest since July 2023, and on course for third consecutive session of gains

** Shoucheng says on Monday its indirectly managed Beijing Robot Industry Development Investment Fund has invested in X Square Robot Technology (Jinan) which focuses on R&D of embodied generalist model for application of general-purpose robots

** Company says it will continue to increase its investment in the robot industry

** The Hang Seng Composite Index on information technology firms .HSCIIT and the Hang Seng Tech Index .HSTECH slip 0.5% and 0.1% respectively, while Hang Seng Index .HSI adds 0.4%

** Stock up 76.9% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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/2513831793?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-24 10:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2513831793","market":"us","top_or_hot":-1,"title":"BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm</title></head><body><p>** Shares of Shoucheng Holdings <span>0697.HK</span>, which manages private funds and operates car parking asset, jump 10.1% to HK$1.97, their highest since July 2023, and on course for third consecutive session of gains</p><p>** Shoucheng says on Monday its indirectly managed Beijing Robot Industry Development Investment Fund <span>has invested in X Square Robot</span> Technology (Jinan) which focuses on R&amp;D of embodied generalist model for application of general-purpose robots</p><p>** Company says it will continue to increase its investment in the robot industry </p><p>** The Hang Seng Composite Index on information technology firms <span>.HSCIIT</span> and the Hang Seng Tech Index <span>.HSTECH</span> slip 0.5% and 0.1% respectively, while Hang Seng Index <span>.HSI</span> adds 0.4%</p><p>** Stock up 76.9% YTD  </p><p> (Reporting by Donny Kwok)</p><p> ((donny.kwok@thomsonreuters.com))</p></body></html>","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>BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm</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\">\nBUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-02-24 10:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm</title></head><body><p>** Shares of Shoucheng Holdings <span>0697.HK</span>, which manages private funds and operates car parking asset, jump 10.1% to HK$1.97, their highest since July 2023, and on course for third consecutive session of gains</p><p>** Shoucheng says on Monday its indirectly managed Beijing Robot Industry Development Investment Fund <span>has invested in X Square Robot</span> Technology (Jinan) which focuses on R&amp;D of embodied generalist model for application of general-purpose robots</p><p>** Company says it will continue to increase its investment in the robot industry </p><p>** The Hang Seng Composite Index on information technology firms <span>.HSCIIT</span> and the Hang Seng Tech Index <span>.HSTECH</span> slip 0.5% and 0.1% respectively, while Hang Seng Index <span>.HSI</span> adds 0.4%</p><p>** Stock up 76.9% YTD  </p><p> (Reporting by Donny Kwok)</p><p> ((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1216","symbol_name":"多样化房地产活动","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250224:nL2N3PF01E:1","article_id":"2513831793","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513831793","pubTimestamp":1740363194,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm** Shares of Shoucheng Holdings 0697.HK, which manages private funds and operates car parking asset, jump 10.1% to HK$1.97, their highest since July 2023, and on course for third consecutive session of gains** Shoucheng says on Monday its indirectly managed Beijing Robot Industry Development Investment Fund has invested in X Square Robot Technology  which focuses on R&D of embodied generalist model for application of general-purpose robots** Company says it will continue to increase its investment in the robot industry ** The Hang Seng Composite Index on information technology firms .HSCIIT and the Hang Seng Tech Index .HSTECH slip 0.5% and 0.1% respectively, while Hang Seng Index .HSI adds 0.4%** Stock up 76.9% YTD    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1216":"多样化房地产活动","00697":"首程控股"},"translate_title":"BUZZ-Shoucheng投资中国机器人公司创逾一年半新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00697":0.9},"content_text":"BUZZ-Shoucheng hits over 1-1/2-year peak on investing in China's robot firm** Shares of Shoucheng Holdings 0697.HK, which manages private funds and operates car parking asset, jump 10.1% to HK$1.97, their highest since July 2023, and on course for third consecutive session of gains** Shoucheng says on Monday its indirectly managed Beijing Robot Industry Development Investment Fund has invested in X Square Robot Technology (Jinan) which focuses on R&D of embodied generalist model for application of general-purpose robots** Company says it will continue to increase its investment in the robot industry ** The Hang Seng Composite Index on information technology firms .HSCIIT and the Hang Seng Tech Index .HSTECH slip 0.5% and 0.1% respectively, while Hang Seng Index .HSI adds 0.4%** Stock up 76.9% YTD   (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":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,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","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/2513831793","isCrawlerRequest":true}