Movement Alert|Huaqin Technology Rises 3.52% in Regular Trading, NVIDIA Supply Chain Tailwinds and Sector Momentum Drive Gains

Market Focus
May 26

On May 26, Huaqin Technology rose 3.52% in regular trading, trading at HK$86.8/share, with trading volume of approximately HK$62.22 million.

On the news front, the company is recognized as a rare domestic NVIDIA AI server original design manufacturer deeply embedded in NVIDIA's computing power ecosystem. Its data center business is expected to generate annual revenue exceeding 60 billion yuan, with super-node products targeting full-year revenue above 10 billion yuan. The rally was further supported by strong sector momentum, with peer Lenovo Group surging 14.86% on the same day, creating a resonance effect across the computing hardware sector.

On the institutional front, Pacific Securities recently issued a buy rating on the company. Over the past 90 days, 15 institutions have initiated coverage, with 13 issuing buy ratings and a consensus target price of 128.98 yuan. Morgan Stanley has also been continuously increasing its stake to 7.03%, signaling clear institutional confidence in the company's growth trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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