On June 9, Huaqin Technology rose 3.64% in regular trading, trading at 76.2 HKD/share, with trading volume of 127 million HKD. The stock staged a technical rebound after a significant multi-day correction that began on June 3 following its 21%-plus intraday surge on June 1, which was catalyzed by NVIDIA's GTC Taipei conference.

On the institutional front, Morgan Stanley increased its holdings by approximately 701,926 shares at around 92.58 HKD per share on June 3, with a total transaction value of approximately 64.99 million HKD. Goldman Sachs had previously initiated coverage on the company's H shares with a Buy rating and a 12-month target price of 127.76 HKD, projecting a 32% revenue CAGR from 2025 to 2027, driven by end-to-end R&D capabilities and product mix upgrades improving gross margins.

Huaqin Technology is a leading global ODM specializing in intelligent hardware R&D, manufacturing, and services, with core businesses spanning mobile terminals, computing and data centers, AIoT, and innovation segments including AI servers.

(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.)