Lin Yin formalizes Mitsubishi Electric alliance as Hon Hai stock trades at EUR 13.35
Published on 10/24/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAlliance and trading update
- Hon Hai's Lin Yin formalized the alliance on October 16, 2026, with a JPY 115.0 billion transfer price.
- Hon Hai stock trades in weekend trading at Lang & Schwarz at EUR 13.35 at 10:09 a.m. CEST on October 24, 2026.
- The next Xetra session is scheduled for October 26, 2026.
Hon Hai's investment-management subsidiary Lin Yin formalized an alliance with Mitsubishi Electric on October 16, 2026, while Hon Hai stock trades at EUR 13.35 in weekend trading at Lang & Schwarz at 10:09 a.m. CEST on October 24, 2026. The company announcement was published by Foxconn.
The week in figures
Lang & Schwarz showed a bid of EUR 12.90 and an ask of EUR 13.80 alongside the weekend-trading price. Xetra and the primary exchanges are closed during the publication phase.
The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Hon Hai stock.
Market context: Market report TAIEX.
Chronology of the week
On October 16, 2026, Lin Yin International Investment Co., Ltd., identified by Foxconn as an investment-management subsidiary of Hon Hai Precision Industry, and Mitsubishi Electric announced a strategic alliance for the joint operation of Mitsubishi Electric Mobility. Mitsubishi Electric is expected to transfer 50 percent of its stake to Lin Yin for JPY 115.0 billion. The transaction remains subject to contractual conditions and regulatory approvals, with completion expected on October 1, 2027. These details are set out in the Foxconn release.
Dates of the coming week
The next Xetra session is scheduled for October 26, 2026. The alliance announcement states that the share transfer is expected to be completed on October 1, 2027, subject to the stated conditions and approvals.
