To The Moon

GCL Technology Holdings (SEHK:3800) just wrapped up a major equity offering that raised more than HKD 5.4 billion by issuing a large number of new ordinary shares. Investors are weighing how this move could affect the company’s growth and capital resources. See our latest analysis for GCL Technology Holdings. The substantial equity raise appears to have injected renewed attention into GCL Technology Holdings, with the share price up 10.4% year-to-date and modest gains in the past week...

GCL TECH (03800) saw its stock price soar by 5.43% in the pre-market session on Thursday, as investors responded positively to news of accelerated distribution of renewable energy subsidies in China....

Chinese polysilicon wafer manufacturers are looking to create a 50-billion-yuan fund to acquire and shut down nearly one-third of the country's production capacity to recoup losses, Reuters reported, citing GCL Technology .Plans were in place to close down and acquire the production of at least 1 million metric tons of lower-quality polysilicon capacity, the report said, citing GCL Investor Relations Director Jun Zhu."It is sort of like the OPEC of the polysilicon industry, wherein total supply for a specified timeframe has to be agreed by the central committee and production quotas to be allocated to producers," Reuters quoted Jun as saying.The closure will retain 2 million tons of capacity. As of the end of 2024, the country's polysilicon capacity was at 3.25 million tons, the report said, citing industry thinktank Bernreuter.

BRIEF-China Evergrande Says Listing Of Shares Will Be Cancelled On 25 August 2025Aug 12 - China Evergrande Group 3333.HK:THE LAST DAY OF THE LISTING OF THE SHARES WILL BE ON 22 AUGUST 2025 AND THE LISTING OF THE SHARES WILL BE CANCELLED WITH EFFECT FROM 9:00 A.M. ON 25 AUGUST 2025THE COMPANY WILL NOT APPLY FOR A REVIEW OF THE DELISTING DECISION MADE BY THE LISTING COMMITTEE.Further company coverage: 3333.HK

BRIEF-Biolidics Posts FY Pretax Profit SGD -3.187 MillionFeb 28 (Reuters) - Biolidics Ltd BIOL.SI:FY PRETAX PROFIT SGD -3.187 MILLIONFY NET INCOME SGD -3.192 MILLIONFY REVENUE SGD 784 THOUSANDFurther company coverage: BIOL.SI ((Reuters.Briefs@thomsonreuters.com;))

Find out more here:Is GCL Tech (03800) a speculative stock rising from the low of 0.67 to the high of 1.42. What has make such a big surge and is it justifiable. ConclusionGCL Tech's (03800.HK) recent surge from its 52-week low of HKD 0.67 to HKD 1.42 reflects a mix of speculative momentum and fundamental catalysts, though financial metrics raise questions about sustainability.