On May 27, Huaqin Technology rose 4.2% in regular trading, trading at HK$86.5/share, with trading volume of approximately HK$9.6 million.

On the news front, the company is recognized as a rare domestic NVIDIA AI server original design manufacturer deeply integrated into the NVIDIA computing ecosystem. Its data center business annual revenue is expected to exceed RMB 60 billion, with super-node products targeting over RMB 10 billion in full-year revenue. The stock was formally included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect on May 21, opening southbound capital channels and bringing incremental fund expectations. On May 26, the company fully exercised its over-allotment option, issuing 8.78 million additional H shares at HK$77.70 per share, raising approximately HK$682 million. Additionally, Morgan Stanley has continued to increase its position to 7.03%, while 13 out of 15 covering institutions have issued buy ratings, signaling strong institutional confidence. Within the sector, Lenovo Group rose 4.12% and Xiaomi gained 2.69%, reflecting broader hardware sector momentum.

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