SU Group Soars on Dual Deal Announcements
Shares of SU Group Holdings (SUGP) skyrocketed by approximately 19% during trading on September 15, 2026, after the company announced two significant deals.
The first deal is an exclusive distribution partnership with HDX for the TRACELINE PX3 Portable X-Ray System in Hong Kong and Macau. This marks SU Group's second global distribution arrangement in 2026, following a similar agreement with Germany's GEZE in June. The TRACELINE PX3 uses pulsed x-ray technology to reduce radiation exposure by over 70% compared to traditional continuous-source alternatives.
The company also announced plans to acquire KM Safety Solution for HK$5.62 million cash, contingent upon due diligence completion and regulatory clearances. This acquisition is expected to strengthen SU Group's technology-driven safety and security product offerings in Hong Kong.