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Ming Shing Group stock jumps 203% after $110M acquisition of graphene tech firm PMA Nano Carbon Tech.

Market News
10 Jun 2026
Mohd Haider
View Source
Bullish
pluang ai news

Ming Shing Group Holdings Ltd, a Hong Kong-based construction company, saw its stock surge over 200% in after-hours trading following the completion of its $110 million acquisition of PMA Nano Carbon Tech Limited, a Singapore-based developer specializing in graphene thermal solutions. The deal was financed entirely through unsecured convertible promissory notes, raising dilution risks for current shareholders. Ming Shing's core business in construction does not overlap with the new graphene unit, marking a significant pivot into a fast-growing technology sector. Despite the sharp stock rise, the company’s shares have faced long-term pressure, and investors should watch for clear signs of sustained recovery.

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