On July 29, HUAQIN fell 3.08% in regular trading, trading at HK$61.35/share, with turnover of HK$31.84 million. The stock has now declined for three consecutive trading days as profit-taking pressure persists.
On the news front, the company's A-shares surged 22.9% the prior week, triggering sustained selling pressure from short-term profit-takers. The A/H share premium remains elevated at 48.53%, adding valuation convergence pressure on H-shares. Three shareholders recently completed a combined 0.27% stake reduction, cashing out approximately RMB 319 million, while JPMorgan also reduced its position.
Despite several positive developments — including the official shipment of the company's first batch of F1 wheeled dual-arm robots marking its robotics business entering scaled delivery, the chairman completing an HK$12.13 million H-share purchase plan, and full-year super-node product revenue projected to exceed RMB 10 billion — short-term profit-taking sentiment remains dominant, keeping the stock under pressure.
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