HUAQIN (03296) rose more than 10% in early trading. As of the time of writing, the stock is up 7.66%, trading at HK$79 with a turnover of HK$63.22 million. On the news front, on May 21, the Shanghai and Shenzhen Stock Exchanges each issued announcements stating that, as HUAQIN's market price stabilization period in Hong Kong has ended and the corresponding A-share listing has been completed for over 10 trading days, in accordance with relevant regulations, HUAQIN has been included in the list of eligible securities for both the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs effective May 21. Notably, HUAQIN has completed the acquisition of a minority stake in Nexchip Semiconductor Corporation. The company previously announced its intention to acquire 100 million shares of Nexchip for a total cash consideration of RMB 2.651 billion. Following the completion of this acquisition, HUAQIN's total shareholding in Nexchip will increase from 6% to 11%. It is reported that Nexchip holds a significant advantage in the display driver chip foundry sector, and the businesses of the two companies are highly complementary.