On June 24, Huaqin Technology rose 4.41% in regular trading, trading at HK$70.6/share, with turnover of HK$117 million.

On the news front, the stock had previously surged over 21% on June 1 to a post-listing high, catalyzed by NVIDIA's GTC Taipei conference. However, the shares subsequently entered a sustained correction, weighed down by profit-taking pressure with cumulative fund outflows exceeding RMB 240 million, a bonus share issuance on June 18 (4 shares per 10 held), and an employee shareholding platform announcing plans to reduce holdings of up to 4.1 million shares (0.27% of total capital). Today's rebound represents a technical recovery following the extended drawdown.

In the Technology Hardware sector, the overall sector showed strength, with Lenovo Group up 2.96%, SDMC up 12.67%, Xiaomi up 0.97%, Legend Holdings up 0.66%, and Sunmi Technology up 1.66%, providing sector-level support for the stock's recovery.

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