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FIT Hon Teng Limited's (HKG:6088) Biggest Owners Are Public Companies Who Got Richer After Stock Soared 7.1% Last Week
FIT HON TENG: 2024 Annual Report
【Brokerage Focus】CITIC SEC points out that strengthened regulation will standardize the Industry, head companies in smart driving are expected to benefit.
Jinwu Financial News | CITIC SEC stated that on April 28, the Ministry of Industry and Information Technology released the key points for the 2025 automobile standardization work, which proposed the need to strengthen the supply of standards for intelligent connected vehicles such as driving assistance and autonomous driving. Previously, the Ministry held a closed-door meeting to further regulate the activities of Industry Chain companies regarding the promotion, release, testing, and OTA upgrades of driving assistance. The bank mentioned that safety will become an important selling point for driving assistance, and Lidar is expected to gradually become a "standard product." Starting in 2023, manufacturers will accelerate the deployment of L2 level combined driving assistance functions. Compared to visual solutions, Lidar's identification at night.
Is It Time To Consider Buying FIT Hon Teng Limited (HKG:6088)?
Hong Kong stocks surged | FIT HON TENG (06088) drops over 23% again, its stock price has halved this year. The Foxconn AI Server production base in Mexico is temporarily unaffected by tariffs.
FIT HON TENG (06088) has dropped over 23% again, and its stock price has already halved this year. As of the time of writing, it has decreased by 21.46%, priced at 1.83 Hong Kong dollars, with a trading volume of 83.1223 million Hong Kong dollars.
Insiders At FIT Hon Teng Sold US$126m In Stock, Alluding To Potential Weakness
