On May 20, Guanghe Technology (01989.HK) rose 6.17% in regular trading, trading at 181.5 HKD/share, with trading volume of approximately 26.46 million HKD. The stock rebounded sharply following consecutive sessions of decline totaling over 15% in the prior week.

On the news front, the company recently disclosed in its investor relations activity report that PCIe6.0 is expected to officially enter mass production after the third quarter, while PCIe7.0 platform application technology remains in the pre-research stage. Additionally, the company confirmed it has secured 8 of the global top 10 server manufacturers as clients, with abundant orders on hand and strong growth in computing-power demand. The company has also initiated pre-research on optical module PCB products, and its affiliated Jiupai Fund has invested in three AI industry hardware and software projects.

These multiple catalysts, combined with technical oversold repair following the stock's sharp pullback from approximately 194.6 HKD on May 14 to 175.5 HKD on May 18, collectively drove the intraday rebound.

(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.)