Xunzhong Communication (02597) rose nearly 10%. As of the time of writing, it has increased by 9.14%, priced at HKD 15.28, with a trading volume of HKD 4.546 million.
According to Zhitong Finance APP, Xunzhong Communication (02597) rose nearly 10%, and as of the time of writing, it has increased by 9.14%, trading at HKD 15.28, with a transaction volume of HKD 4.546 million.
On September 5, Xunzhong Communication announced that due to the needs of the company’s strategic planning and business development, it established a wholly-owned subsidiary, Xunzhong Future Communication Technology Co., Ltd., in Hong Kong on September 2, 2025, with a registered capital of HKD 10,000.
The announcement stated that the investment to establish a wholly-owned subsidiary in Hong Kong is an adjustment to the company’s strategic planning and business development needs for future overseas market expansion, which is conducive to further enhancing the company’s overall competitiveness and achieving its long-term strategic development goals, thereby having a positive impact on the company’s long-term development.
