On June 11, Hua Qin Technology (03296.HK) declined 3.33% in regular trading, trading at 78.85 HKD/share, with trading volume of 87.03 million HKD.

The stock had surged over 21% on June 1 to a post-listing high, driven by the NVIDIA GTC Taipei conference catalyst and AI computing momentum. A sustained pullback from June 3 brought the stock to a low of 73.75 HKD on June 8, followed by a brief two-day rebound on June 9-10. Today's decline indicates profit-taking pressure has not been fully absorbed, with the short-term rebound facing resistance.

The broader Technology Hardware sector is under pressure, with Sunmi Tech down 3.14%, Lenovo Group down 2.09%, Xiaomi down 1.82%, Legend Holdings down 1.37%, and Longcheer down 0.48%, creating a sector-wide drag on the stock.

(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.)