On July 9, Huaqin Technology fell 4.58% in regular trading, trading at 65.7 HKD/share, with turnover of 39.29 million HKD.

On the news front, the stock surged over 8% in the previous trading session, driven by Inspur Information's better-than-expected H1 earnings and a broad rally in AI-related stocks, triggering profit-taking pressure following the sharp short-term gain. Meanwhile, JPMorgan reduced its H-share holdings by 61,300 shares on June 25 at approximately 70.34 HKD per share, lowering its stake to 14.99%. Wells Fargo Fund also reduced holdings by 474,300 shares on the same day, while the company's employee stock platforms disclosed a reduction plan of up to 0.27% of total shares. Additionally, market consensus expects the company's Q2 revenue to decline 5.1% year-over-year. The combination of post-rally profit-taking, sustained institutional and insider selling pressure, and weakening revenue expectations contributed to the pullback.

(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.)