On May 29, Huaqin Technology (03296.HK) rose 7.67% in regular trading, trading at HK$84.95/share, with trading volume of approximately HK$24.63 million.

On the news front, the company is recognized as a rare domestic NVIDIA AI server original design manufacturer, deeply integrated into NVIDIA's computing ecosystem. Its data center business annual revenue is expected to exceed 60 billion yuan, with super-node products targeting over 10 billion yuan in full-year revenue. The stock rebounded after a brief pullback on May 28 triggered by JP Morgan's reduction of 68,400 H shares and short-term dilution from the full exercise of over-allotment rights on May 26, which added 8.78 million H shares at HK$77.70 per share.

Within the Technology Hardware sector, strong sector resonance is evident, with Lenovo Group surging 25.1% and Legendhold rising 14.84%. Institutionally, 15 brokerages have covered the stock in the past 90 days, with 13 issuing buy ratings and a consensus target price of RMB128.98.

(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.)