On July 6, Huaqin Technology fell 3.07% in regular trading, trading at HKD 61.65/share, with turnover of HKD 8.97 million.

On the news front, the company previously announced that its executive share buyback plan has been fully completed, with a total of 378,600 shares purchased for approximately RMB 25.58 million — reaching only the lower limit of the RMB 24 million buyback plan. Meanwhile, Fuguo Fund sold 474,300 H-shares on June 25 at approximately HKD 70.63 per share, and employee stock platforms previously disclosed a reduction plan of up to 0.27% of total shares, indicating continued internal and institutional selling pressure.

Additionally, market consensus forecasts the company's Q2 revenue at RMB 46.44 billion, representing a 5.1% year-over-year decline, though net profit is expected to grow 3.5%. The stock had rallied over 8% on June 30 following the buyback announcement, and the current decline reflects profit-taking after prior positive catalysts were fully priced in.

(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.)