On July 28, HUAQIN fell 3.64% in regular trading, trading at 65.9 HKD/share, with turnover of HK$10.88 million.

On the news front, the stock's A-shares surged 22.9% cumulatively in the prior week, triggering sustained profit-taking pressure following the rapid rally. The A/H share premium ratio stands at 48.53%, creating valuation convergence pressure on H-shares. Three shareholders previously completed a combined 0.27% stake reduction totaling approximately 319 million yuan, while JPMorgan also reduced its position recently.

Although Chairman Qiu Wensheng completed an HK$12.13 million H-share purchase plan acquiring 180,000 shares, and the company's super-node products are expected to generate over 10 billion yuan in full-year revenue, short-term selling pressure from profit-taking continues to weigh on the stock price.

(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.)