HK Stock Market Move | Huaqin Co., Ltd. (03296) rose more than 7%, manufacturing and producing the star AI smart body phone. Super nodes are expected to increase shipments significantly this year.
Huaxin Technology (03296) rose more than 7%, as of the time of writing, it rose by 7.18% to HK$70.95, with a turnover of HK$152 million.
Huaqin Co., Ltd. (03296) rose by over 7%, up 7.18% to HKD 70.95 as of the time of writing, with a trading volume of HKD 152 million.
On the news front, according to reports from Blue Whale Technology, it has been exclusively learned from insiders that Jieyue Xingchen will launch an AI smart body phone, which will be manufactured by the listed company Huaqin Co., Ltd. Insiders also revealed that Huaqin Co., Ltd. and Jieyue Xingchen have a deeply integrated cooperation relationship, rather than a simple OEM model.
It is worth noting that recently, domestic computing power has been catalyzing intensively, with Inspur Electronic Information Industry's semi-annual report performance greatly exceeding expectations; and the largest-scale super node in the industry, Huawei Atlas 950, will debut at the 2026 World Artificial Intelligence Conference. Huaqin Co., Ltd. stated in an investor research activity that in recent years, the overall capital expenditure on domestic computing power has mainly focused on leading cloud service providers, and after actual testing and verification, the shipments of super nodes will begin to increase this year.
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Haier Smart Home (06690) spent 42.288 million yuan on July 24 to repurchase 1.94 million A shares.

SINOPEC CORP (00386) spent 5.184 million yuan on July 24 to repurchase 1 million A shares.

GUSHENGTANG (02273) spent approximately HK$2.2085 million on July 24th to repurchase 77,800 shares.

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