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AAC Technologies Holdings Inc (2018.HK)

2018.HK on Hong Kong Stock

105.00HKD
24 Jul 2017
Change (% chg)

HK$-4.20 (-3.85%)
Prev Close
HK$109.20
Open
HK$107.90
Day's High
HK$111.50
Day's Low
HK$104.50
Volume
11,407,075
Avg. Vol
7,852,717
52-wk High
HK$127.90
52-wk Low
HK$65.35

Latest Key Developments (Source: Significant Developments)

AAC Technologies announces strategic cooperation agreement with Ping An Bank
Wednesday, 14 Jun 2017 05:45am EDT 

June 14 (Reuters) - AAC Technologies Holdings <2018.HK>::Announcement in relation to strategic cooperation agreement.Entered into a strategic cooperation agreement with Ping An Bank Co., Ltd..Ping an bank agrees to provide to group a comprehensive credit and financing line of RMB10 billion.Term of agreement is one year from date of agreement.  Full Article

AAC Technologies entered a cooperation agreement with China Citic Bank Corporation (Nanjing Branch)​
Thursday, 8 Jun 2017 09:33pm EDT 

June 9 (Reuters) - AAC Technologies Holdings Inc <2018.HK>-:Entered into a strategic cooperation agreement with China Citic Bank Corporation Limited (Nanjing Branch)​.Citic Bank to provide to group with comprehensive credit and financing line of not less than rmb10 billion, subject to compliance with relevant laws.Pursuant to agreement citic bank will carry out multilevel cooperation based on financial needs of co.Term of agreement is two years from date of agreement.  Full Article

AAC Technologies denies allegations made by Gotham, applies for trading resumption​
Tuesday, 6 Jun 2017 05:46am EDT 

June 6 (Reuters) - AAC Technologies Holdings Inc <2018.HK>:‍Company denies all allegations made against company in Gotham's May 18 report​.‍Is of opinion that allegations made against company in gotham's may 18 report are groundless, false or misleading​.‍Company has established a special committee comprising all independent non-executive directors of company​.‍Special committee appointed external reviewer to conduct an independent review in view of allegations contained in Gotham's May 18 report​.‍Applied to stock exchange for resumption of trading of shares on stock exchange with effect from 9:00 a.m. on Wednesday, 7 June 2017​.‍Company would adopt all reasonable measures to protect interests of shareholders, including share repurchase by co.  Full Article

AAC Technologies says qtrly net profit grew 72% to rmb1.06 bln
Friday, 12 May 2017 12:02am EDT 

May 12 (Reuters) - Aac Technologies Holdings Inc <2018.HK>-:Qtrly net profit grew 72% year-on-year amounting to rmb1,062 million.Qtrly revenue rmb 4.22 billion, up 66 percent.  Full Article

AAC Technologies comments on report about company's financial performance
Thursday, 11 May 2017 02:09am EDT 

May 11 (Reuters) - AAC Technologies Holdings Inc <2018.HK>:noted a report circulating in investment community on 11 may 2017 about company's financial performance and corporate governance..denies allegations in report and considers information contained therein to be inaccurate and misleading.."shareholders of company and potential investors are advised to exercise caution when dealing in shares of company.".confirms it is not aware of any information which must be announced to avoid false market in cos' securities.  Full Article

AAC Technologies reports FY profit attributable RMB4,025.7 mln
Wednesday, 22 Mar 2017 12:14am EDT 

AAC Technologies Holdings Inc <2018.HK> : Profit attributable to owners of company grew by 29.6% from RMB3,106.9 million in 2015 to RMB4,025.7 million this year . FY revenue RMB15.51 billion versus RMB11.74 billion .A proposed total dividend of HK$1.47 per share for 2016, representing 23% growth over the previous year..  Full Article

AAC Technologies says acquisition of 19.58% equity interest in AAC New Power
Wednesday, 22 Mar 2017 12:02am EDT 

AAC Technologies Holdings Inc<2018.HK> : connected Transactions - Acquisition Of 19.58% Equity Interest In AAC New Power . Unit and Changzhou ZKLF entered into Changzhou ZKLF Equity Transfer Agreement . AAC HK agreed to acquire from Changzhou ZKLF 15.1% equity interest in AAC New Power at a consideration of rmb21.6 million . AAC HK and Jiangsu Yuanyu entered into Jiangsu Yuanyu equity transfer agreement . Pursuant to Jiangsu Yuanyu equity transfer agreement AAC HK agreed to acquire 4.48% equity interest in aac new power for rmb6.4 million Source (http://bit.ly/2n6udOX) Further company coverage: [2018.HK] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

AAC Technologies Holdings Inc reports 9-mnth net profit RMB2.46 bln vs RMB2.10 bln
Sunday, 13 Nov 2016 11:03pm EST 

AAC Technologies Holdings Inc <2018.HK> : 9-mnth net profit RMB2.46 billion versus RMB2.10 billion .During nine months of 2016, revenue up 24 percent year-on-year to RMB9.77 billion.  Full Article

AAC Technologies says HY revenue of RMB 5.56 bln vs RMB 4.71 bln<2018.HK>
Friday, 26 Aug 2016 12:04am EDT 

AAC Technologies Holdings Inc <2018.HK>: Interim results announcement for the six months ended 30 June 2016 <2018.HK> . HY revenue of RMB 5.56 billion versus RMB 4.71 billion . HY profit attributable RMB 1.35 billion versus RMB 1.25 billion . Says directors have determined that an interim dividend of hk$0.30 per share .  Full Article

AAC Technologies posts Qtrly revenue of RMB 2.5 billion<2018.HK>
Thursday, 12 May 2016 12:22am EDT 

AAC Technologies Holdings Inc <2018.HK>: Results announcement for the three months ended 31 March 2016 <2018.HK> . Qtrly profit for the period attributable to owners of the company RMB 618.7 million versus RMB 606.2 million . Qtrly revenue RMB 2.5 billion versus RMB 2.30 billion . "Contributions from the high value rf mechanical solutions are expected to increase" . "Expect to grow further in coming quarters" .  Full Article

Hong Kong stocks end slightly higher as tech gains offset financials losses

HONG KONG, July 18 Hong Kong stocks rose for a seventh straight session on Tuesday as gains in the technology and energy sectors offset losses in financial stocks.