Sunday, October 17, 2010
In the Zone
HPJ - Hong Kong Highpower Technology, Inc.
Hong Kong Highpower Technology Inc., through its subsidiaries, engages in the manufacture and trade of nickel metal hydride rechargeable batteries for consumer and industrial applications. The company produces consumer batteries in A, AA, and AAA sizes in blister packing, as well as offers chargers and battery packs; and industrial batteries that are designed for electric bikes, power tools, and electric toys.
It also manufactures lithium-ion and lithium polymer rechargeable batteries for applications, such as laptops, digital cameras, and wireless communication products. In addition, the company recycles batteries, and resells the recycled materials. It sells its products to original equipment manufacturers, and a network of distributors and resellers.
The company sells its products primarily in the People’s Republic of China, Hong Kong, and other Asian countries; Europe; North America; South America; and Africa. Hong Kong Highpower Technology Inc. was founded in 2001 and is based in Shenzhen, the People’s Republic of China. The stock ended the week trading at $3.99 up +0.64 or 19.10% on higher than average volume of 797,520. The average weekly volume for (HPJ) Hong Kong High Power is 613.52.
By: Marlin Rolle
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