AAC Technologies Holdings Inc (SEHK: 2018)

AAC Technologies Holdings Inc (SEHK: 2018)


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AAC Technologies Holdings Inc Profile

AAC Technologies Holdings Inc (2018.xhkg) is a Chinese audio solution provider headquartered in Shenzhen, the People’s Republic of China. AAC Technologies develops and distributes miniaturized acoustic components, including speakers, microphones, receivers, micro-electro-mechanical system (MEMS) microphones, and other acoustic-related products for smartphones, e-readers, tablets, wearables, ultrabooks, and notebooks. The world-leading company has a workforce of 33,700 employees and operates through its branches across 28 countries in North America, Europe, the United Kingdom, and Asia. AAC Technologies Holdings Inc (2018.xhkg) is listed on the Hong Kong Stock Exchange (SEHK), on the Over the Counter Bulletin Board (OTCBB), and has a $4.99 (USD) market cap. AAC Technologies’ 2020 yearly revenues were $2.48 (USD) while in this year’s first quarter the company announced $662 (USD) revenues, a 22.97% increase compared to last year’s first-quarter results. On June 17, 2021, AAC Technologies Holdings Inc (2018.xhkg) has entered into a strategic partnership with German, Ibeo Automotive Systems GmbH in order to integrate AAC’s expertise in optics and imaging into the development of Ibeo’s future generation of products.

AAC Technologies Holdings Inc (2018.xhkg): trading hours with FP Markets / 04:00 - 07:00 / 08:00 - 11:00

AAC Technologies Holdings Inc (2018.xhkg): Trade a Contract for Difference (CFD) on 2018.xhkg) and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Closed
Sat
Closed

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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