Zhejiang Shibao (1057.HK) traded up 2.42 % during a 24 hours period ending at 04:41 PM Central Europe on Monday 26th. One Zhejiang Shibao stock can currently be bought for about HKD 3.34 on popular exchanges. Current supply of Zhejiang Shibao stocks is 216.8 mn. Zhejiang Shibao has a current market capitalization of HKD 2.8 bn and approximately HKD 11.5 mn worth of Zhejiang Shibao was traded on exchanges in the last 24 hours. Since last month end, Zhejiang Shibao has traded -11.26 % down. Simple moving average of last 200 days is at HKD 4.94. The highest price of past 52 weeks was recorded at HKD 23.34 on 12/26/2025. 52 weeks low was at HKD 3.2 on 10/23/2026.

Summary of the latest news for Zhejiang Shibao

ZHEJIANG SHIBAO CO LTD has responded to inquiries about its electric steering (e‑steering) system amid new regulatory requirements. The company confirmed that its e‑steering units undergo extensive durability and reliability testing, including extreme temperature trials, and are evaluated against OEM‑specified standards that exceed national benchmarks. Certification from CNAS and partner OEMs supports the company’s testing capabilities. While the updated safety guidelines raise entry thresholds, Shibao has not yet indicated whether production schedules for its e‑steering projects will be affected. Separately, the firm has released its third‑quarter 2026 financial report, providing stakeholders with an overview of recent performance.

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About Zhejiang Shibao

Zhejiang Shibao Co Ltd. is a Chinese company based in Hangzhou that specializes in the development, design, manufacturing, and selling of automobile steering and steering system parts. The main products of the company include hydraulic power recirculating ball steering and steering boosters, rack & pinion steerings, and control valves.