HUAQIN's stock surged 5.11% during intraday trading on Thursday, following a major regulatory development that expands its investor base.

The Shanghai and Shenzhen Stock Exchanges announced the inclusion of HUAQIN in the list of securities eligible for the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. This change took effect from the same day, allowing mainland Chinese investors to trade the stock through these channels for the first time following the completion of its price stabilization period in Hong Kong and fulfillment of listing requirements.

The stock's positive momentum was further supported by the company's recent Annual General Meeting, where shareholders approved a final dividend of RMB 12 for every 10 shares and a 4-for-10 bonus issue via capital reserve conversion. These corporate actions, combined with the enhanced market access through Stock Connect, contributed to the significant price appreciation during the trading session.