Hybrid Kinetic Group Updates on Business Operations Amid Trading Suspension
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Hybrid Kinetic Group Limited has announced a continued suspension of trading on the Hong Kong Stock Exchange while updating on its business operations. Despite this, the company reports reactivation in operations, with sales in battery management systems and spare parts showing potential growth. New ventures in in-vehicle audio-visual and short drama have started generating revenue. The company aims to improve its financial position and explore new business opportunities. Current market cap stands at HK$244.2M, with a technical sentiment signal indicating a strong sell.
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